The Global Social Network
The rise of the West was driven by the Industrial Revolution beginning in the 18th century. It has since been fueled by fossil fuels--initially coal and later with oil and gas. Coal was indigenous in Britain and America but it is highly polluting and left much of London and New York with a thick coat of soot on everything in sight. Oil burns relatively cleaner but much of it is in the Middle East,…
ContinueAdded by Riaz Haq on July 30, 2013 at 7:00pm — 2 Comments
"Do your fasting, pay zakat (charitable donations) and serve your parents, but do these things by the light of legal electricity." Peshawar Electric Supply Company (PESCO)
Added by Riaz Haq on July 27, 2013 at 8:40am — No Comments
Pantheon of women superheros has a new entry from Pakistan - the Burka Avenger, a mild mannered school-teacher who fights feudal villains and terrorists getting in the way of girls' education.
Added by Riaz Haq on July 24, 2013 at 11:30am — 13 Comments
First tight gas well producing 15 million cubic feet per day of natural gas is on line at Sajawal gas field in Kirthar block in Sindh province, according to a report in Express Tribune. This marks a major milestone in development of unconventional hydrocarbon energy sources in Pakistan. Sajawal gas field is located 110 km south east of Karachi, Pakistan. It puts…
ContinueAdded by Riaz Haq on July 18, 2013 at 9:30pm — 8 Comments
Frequent IMF bailouts and power blackouts in energy-rich Pakistan are closely tied. One of the key reasons for recurring balance-of-payment crises is the country's rapidly rising oil import bill. The lack of sufficient fuel exacerbates load shedding, negatively impacts economy, reduces tax revenue growth and worsens current account and budget deficits. This requires repeated injections of IMF loans in US dollars to meet import requirements and deal with budget shortfalls.…
Added by Riaz Haq on July 11, 2013 at 10:30pm — 10 Comments
Added by Riaz Haq on July 10, 2013 at 1:00pm — 5 Comments
2026
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016
2015
2014
2013
2012
2011
2010
2009
2008
2007
South Asia Investor Review
Investor Information Blog
Haq's Musings
Riaz Haq's Current Affairs Blog
Recently released HIES 2024-25 household integrated economic survey by Pakistan Bureau of Statistics (PBS) raises more questions than it answers. For example, it shows that Pakistani household are buying lower amounts of basic food ingredients like wheat, meat and eggs in the last four years, implying that people are eating less to cover other expenses, like electricity and gas. But it doesn't explain why the households have reported significantly lower purchases of these items than…
ContinuePosted by Riaz Haq on January 6, 2026 at 5:16pm
As we enter the year 2026, it is time to review the year 2025 and wish you all Happy New Year 2026! May it bring peace, prosperity and happiness to all!!
The year 2025 saw Pakistan defeat a brazen Indian attack on its soil, while reviving its economy and…
ContinuePosted by Riaz Haq on December 30, 2025 at 9:30pm — 4 Comments
© 2026 Created by Riaz Haq.
Powered by