Discover and read the best of Twitter Threads about #External

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Fast #import growth has overshadowed some very good news in #Pakistan. The latest release of disaggregated #trade data by @StateBank_Pak reveals that the first nine months of FY22 showed #record high #exports in real terms, since there's statistics.
Short 🧵👇 w/ more results.
1\ #exports grew by 24.8% in the first 9 months of FY22 w.r.t. same period of FY21, reaching 23.7 bn for goods and 5.2 bn for services.

#Pakistan #trade
2\ All top destinations show fast #export growth. Shipments to the #USA and to #China in particular.
Read 9 tweets
Well, about timeto hear. We write just about this w @johnnyryan today: antitrust complaints do not get #privacy_regulators off the hook. They have tools to address the #data #free_for_all, not just self preferencing. #purpose_limitation #GDPR
Complainants go & complain about #self_preferencing to antitrust agencies re changes that disadvantage them. Fine. But online advertising is all dysfunctional & #GDPR has tools that must be used to address also
#internal #data #free_for_all (while #DMA gets going)
Read 4 tweets
Amidst hype&hoopla,big news is,#Reliance,48 hours back,with market capitalization of $189 billion,overtook #Exxon,with market cap of $185.58bn

Reliance added $29bn in just last 14 trading sessions

With market cap of $1.7 trillion, #SaudiAramco is world's most valuable company
Clearly,#Oil will be biggest catalyst in the global economy this year&the next

India is slated to have Current Account Surplus(CAS)of 0.4% of GDP in 2020-21

This will be 1st time in 16 yrs that India will have a surplus-last time we had CAS,was under #Vajpayee

#EconomyOnTrack
Under inept @INCIndia,our Current Account Deficit(CAD)hit a precarious 4.9% in 2013

In FY18 #CAD was 1.8%
FY19,2.1%
FY20,0.9%

BIG achievement of @narendramodi has been,a strong India in terms of #External finances

Today,we have #ImportCover of 15 months,Vs 6-8 months under UPA
Read 3 tweets
001/ [article content in this tweet series 001-180 reproduced with permission from Martin Howe QC of Lawyers for Britain @lawyers4britain]
#quote "Leaving the EU on WTO terms: pulling down the barriers to world trade
Introduction: why prices will FALL after Brexit, not rise" /002
002/ #quote "Over the past couple of weeks, the media have been full of lurid scare stories about what will happen if the UK leaves the EU on WTO terms, because negotiations with the EU do not result in a withdrawal agreement." /003
#tariffs #NoDeal #Brexit #WTO #ProjectFear #shortages #food #medicines
003/ #quote "One of the most ridiculous and UNJUSTIFIED of these absurd scare stories is that it will lead to higher prices, and even shortages, of foods and medicines." /004
Read 180 tweets

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