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The Handelot Times
Markets

Kazi Najib Ashraf: war is good news for business, if you can maintain a cold hard

COVID has been good, perfect for some people.

The Handelot Times Issue 48, December 2023 3 min read

COVID has been good, perfect for some people. You would ask how come; well, for the traders of mobile phones in the UAE, the days of COVID had been tense, but a few of them found ways and channels to bring in the various types of masks and testing kits from across the world and made a killing.

Freight forwarders and traders switched from importing mobiles to sourcing masks and other kits and could sell these at astronomical prices in the open market. A few got a cherry on the top by supplying these items to governmental agencies. Ten-fold profit margins were maintained until the whole thing started to taper off, finally giving way to normalization. But, in the wake of this, many people became wealthier than their wildest imaginations and have now built businesses on the foundation of these opportunities.

As a famous saying goes, war what is it suitable for? It’s good for business. Now, we are in the grip of Israel-Hamas war, and in parallel, the Russian and NATO conflict is being played in the background in Ukraine. But amidst this horror and mayhem, other For tips regarding smart retail you can always contact me at kazi.najib@playtorium.com Kazi Najib Ashraf massacres aren’t reported in the mainstream media but require equal attention as well. Niger, Sudan, and Congo are some of these examples, and then we have the usual upheavals in Yemen, Libya, Syria, and Iraq. Kashmir has again lit up in the unease and the skirmishes and has made its way to the news.

The Balkans are waiting to be lit with the slightest spark, and all hell is waiting to break loose. At night, in the silence of the dark, I sit and wonder for the past two months about the craziness that has engulfed everything and everyone. Somehow, the world has decided to implode, and no one is bothering to find a solution to the challenges. Who is winning? Someone must be winning this game, and it’s evident that it is the big business, oil, and the military-industrial complex that are leading this orchestra, followed by all the usual trades, and then we have the business to Russia. Here is the elephant in the room that no one talks about, but it’s very much there for everyone to see.

The rest of this article is in the magazine Continue in issue 48

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