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Meager 4.1% GDP growth reported by Pakistan for 2013-14 caps sixth consecutive year of disappointing economic performance under "democratic" governments in the country. This slow growth brings back bitter memories of the last lost decade of 1990s when economic growth plummeted to between 3% and 4%, poverty rose to 33%, inflation was in double digits and the foreign debt mounted to nearly the entire GDP of…
ContinueGeo TV has lost 80% of its viewers and billions of rupees in advertising revenue since it accused Pakistan's ISI of attempting to assassinate its anchor Hamid Mir last April, according to credible reports in the mainstream media.
Pakistan's once…
ContinueAdded by Riaz Haq on May 31, 2014 at 7:30pm — No Comments
Pakistan has 109 informal entrepreneurs for every formally documented entrepreneur, ranking the country 4th in the world for the size of its shadow economy, according to a study published by Professor Erkko Autio and Dr. Kun Fu of the Business School of London's Imperial College.
Pakistan's 109 shadow entrepreneurs for every officially registered one rank it 4th…
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Prime Minister Recep Tayyip Erdoğan has scored a convincing victory over his opponents in the latest municipal polls in Turkey. His Justice and Development Party (AKP) has won 44% of all the votes, well ahead of the 29% for the opposition People's Republican Party (CHP) which was founded as a secular party by…
ContinueAdded by Riaz Haq on April 2, 2014 at 8:56pm — 4 Comments
"The Pakistani establishment, as we saw in 1998 with the nuclear test, does not view assistance -- even sizable assistance to their own entities -- as a trade-off for national security vis-a-vis India". US Ambassador Anne Patterson, September 23, 2009
Pakistan has the world's fastest growing nuclear arsenal today in the midst of a fierce insurgency waged…
Added by Riaz Haq on March 28, 2014 at 9:00am — 10 Comments
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Pakistan imported an estimated 1.25 gigawatt-hours (GWh) of lithium-ion battery packs in 2024 and another 400 megawatt-hours (MWh) in the first two months of 2025, according to a research report by the Institute of Energy Economics and Financial Analysis (IEEFA). The report projects these imports to reach 8.75 gigawatt-hours (GWh) by 2030. Using …
ContinuePosted by Riaz Haq on June 14, 2025 at 10:30am — 3 Comments
A London-based startup builder.ai, founded by an Indian named Sachin Dev Duggal, recently filed for bankruptcy after its ‘neural network’ was discovered to be 700 Indians coding in India. The company promoted its "code-building AI" to be as easy as "ordering pizza". It was backed by nearly half a billion dollar investment by top tech investors including Microsoft. The company was valued at $1.5 billion. This is the latest among a series of global scams originating in India. …
ContinuePosted by Riaz Haq on June 8, 2025 at 4:30pm — 10 Comments
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