The Global Social Network
Many countries have imposed strict lockdowns to control the spread of coronavirus. Marko Kolanovic of JP Morgan claims that numbers had declined because the virus "likely has its own dynamics" that are "unrelated to and often inconsistent lockdown measures". He cites as evidence a number of places whose infection rates, or "R" values, have continued to fall despite restrictions being lifted.…
ContinueAdded by Riaz Haq on May 29, 2020 at 2:00pm — 12 Comments
"Believe me when I tell you that my heart is with you. I appreciate and would even privately agree with what you're advising us to do (abandon nuclear tests)", said Pakistan's Ex Prime Minister Nawaz Sharif to US …Continue
Added by Riaz Haq on May 28, 2020 at 10:30pm — 11 Comments
Pakistan's computer services exports soared 26% in March, 2020 over the same month last year. This growth occurred in spite of the coronavirus lockdown that began on March 23, 2020. The nation's total services exports fell 17% in the same month.…
Added by Riaz Haq on May 17, 2020 at 1:00pm — 29 Comments
President Donald Trump has picked renowned Moroccan-born Muslim American immunologist Dr. Moncef Mohamed Slaoui to lead Operation Warp Speed, America's COVID-19 vaccine program. Trump has compared this vaccine effort with the Manhattan Project that developed the atomic bomb in the 1940s.…
Coronavirus infection rates and deaths in Pakistan are among the lowest in the world while the continuing lockdown is causing enormous damage to the nation's economy and livelihoods, according to government data. Health ministry data shows that fewer than a thousand lives have been lost to the disease in the country since the start of COVID19 infections more than two months ago. Meanwhile, millions of…
ContinueAdded by Riaz Haq on May 15, 2020 at 10:30pm — 18 Comments
Solar panel installations in Pakistani homes are rising rapidly. Pakistan PSLM/HIES 2018-19 survey results reveal that 15.2% of all households are using solar panels as a source of energy for their homes. Khyber-Pakhtunkhwa province leads the nation with 40% of all households using solar energy. Rural Pakistan is embracing solar power at a faster rate than Urban Pakistan. Adoption of solar in rural areas of KP is at…
ContinueAdded by Riaz Haq on May 12, 2020 at 10:00pm — 52 Comments
Uzbekistan is the third landlocked state in recent years to request the use of Pakistani ports for trade, according to media reports. The Central Asian nation has asked to join Quadrilateral Traffic in Transit Agreement (QTTA) to make use of Karachi and Gwadar ports for its trade operations. Current members of QTTA are China, Pakistan, Kyrgyzstan and Kazakhstan. Afghanistan is not a member of QTTA but it currently uses Gwadar and Karachi ports under Afghanistan-Pakistan Transit Trade…
ContinueAdded by Riaz Haq on May 10, 2020 at 8:30am — 28 Comments
An overwhelming 81% majority of Pakistanis are satisfied with Federal Government performance in responding to coronavirus pandemic, way up from 61% who expressed satisfaction in March, according to a recent Gallup Pakistan survey. These numbers reflect Pakistan's much flatter disease curve compared with most other nations, including highly developed ones, that have seen a rapid rise in Covid-19 cases and…
ContinueAdded by Riaz Haq on May 6, 2020 at 8:00pm — 22 Comments
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South Asia Investor Review
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Riaz Haq's Current Affairs Blog
Most countries in the world today borrow money from various sources to finance their budget deficits. So do India and Pakistan. So why is it that only Pakistan's borrowing money gets labeled "begging"? Is it not begging when India borrows a lot more money than does Pakistan? Or is it that only borrowing money from the IMF qualifies as "begging"? Let's look into this double standard. Currently, India's public debt to GDP ratio is 80% while Pakistan's is about 74%. India's private debt to GDP…
ContinuePosted by Riaz Haq on July 22, 2025 at 6:30pm — 2 Comments
Recent data shows that there are nearly 10,000 Pakistani students attending colleges and universities in Germany. This figure is second only to the United Kingdom which issued over 35,000 student visas to Pakistanis in 2024. The second most popular destination for Pakistani students is Australia which is hosting nearly 24,000 students from Pakistan as of 2023, according to the ICEF…
ContinuePosted by Riaz Haq on July 15, 2025 at 9:00am
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