The Global Social Network
The first US presidential debate of Elections 2020 on September 29 was a very chaotic affair. It was characterized by constant interruptions by President Donald J. Trump and exchange of unprecedented insults with Democratic presidential nominee Joseph R. Biden. Chris Wallace, the Fox News anchor and moderator, found it impossible to bring order in spite of his best efforts. It resembled Pakistani Talk Shows with all the yelling, screaming, drama and insults. Trump attacked …
ContinueAdded by Riaz Haq on September 30, 2020 at 12:00pm — 5 Comments
Pakistan's digital gig economy has surged 69% during the COVID19 pandemic, putting the country among the world's top 4 hottest online freelancer markets, reports Payoneer, a global payments platform company based in Silicon Valley, in its latest report. Payoneer attributes it to government…
ContinueAdded by Riaz Haq on September 28, 2020 at 5:00pm — 11 Comments
Until 2010, Bangladesh was a laggard in South Asia region. Its per capita income was about half of Pakistan's. Now Bangladesh has surpassed Pakistan as the Pakistani economy has suffered significant slow-down from the previous decade. In fact, the Pakistan economy grew at the slowest rate in South Asia as reflected in per capita incomes. While Pakistan's per capita income more than doubled from $500 to $1,000 in the ten years 2000 to 2010, the growth has slowed to less than 30% from 2010 to…
ContinueAdded by Riaz Haq on September 27, 2020 at 11:00am — 9 Comments
The latest leaks of US FinCEN (Financial Crime Enforcement Network) files show that the United Kingdom (UK) is the biggest global center for money laundering. An earlier report issued by the British Crime Agency put Pakistan among the world's top sources of money laundering in the United Kingdom. The latest FinCEN leaks represent just the tip of an iceberg. The leaked 2,100 FinCEN files covering $2…
ContinueAdded by Riaz Haq on September 26, 2020 at 11:30am — 4 Comments
"One hard truth that Indians have to contend with is that America has also had difficulty treating India with respect", writes former Singaporean diplomat Kishore Mahbubani in his latest book "Has China Won?". "If America wants to develop a close long-term relationship with India over the long run, it needs to confront the deep roots of its relative lack of respect for India", adds Ambassador…
ContinueAdded by Riaz Haq on September 21, 2020 at 7:30pm — 30 Comments
With coronavirus spread contained, Pakistan economy is rebounding with V-shaped economic recovery. Pakistanis have once again defied all foreign and domestic doomsayers, including media, activists and think tanks of all varieties. The nation's monthly Quantum Index of Manufacturing (QIM) for July 2020 has returned to where it was a year ago in July 2019, according to data…
ContinueAdded by Riaz Haq on September 17, 2020 at 7:00pm — 22 Comments
Pakistan's economy has grown at a compounded annual growth rate (CAGR) of about 5% since the 1960s. While Pakistan's average 5% annual economic growth rate is faster than the global average, it falls significantly short of its peer group in Asia. The key reason is that,…
ContinueAdded by Riaz Haq on September 12, 2020 at 10:30pm — 26 Comments
Pak-Austria Fachhochschule Institute of Applied Sciences and Technology (PAF-IAST) campus is ready to open in Haripur, Khyber Pakhtunkhwa, Pakistan. It represents one more step toward building Pakistan's knowledge economy and growing high-value technology-based exports. Pakistan is collaborating with several countries, including the …
ContinueAdded by Riaz Haq on September 9, 2020 at 1:00pm — 1 Comment
Pakistan government has decided to permit hemp farming for industrial and medicinal use, according to Mr. Fawad Chaudhry, Minister of Science and Technology. Initially, the government will control hemp production, Chaudhry said, but private businesses and farmers will be allowed to enter the market at a later date, according to the French news…
ContinueAdded by Riaz Haq on September 6, 2020 at 8:00pm — 12 Comments
As the South Asian nation of 220 million celebrates Defense of Pakistan Day, it is a good time to ask: Has Pakistan lost all wars to India? Indian defense analyst Pravin Sawhney says NO! In fact, Sawhney argues that Pakistan has never lost to India. Not in 1965, nor in 1971 nor Kargil!! Who is Pravin Sawhney? What makes him an authority on such matters?…
Added by Riaz Haq on September 4, 2020 at 9:30pm — 15 Comments
Pakistani reporter Ahmad …
ContinueAdded by Riaz Haq on September 1, 2020 at 5:30pm — 6 Comments
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Barrick Gold CEO Mark Bristow says he’s “super excited” about the company’s Reko Diq copper-gold development in Pakistan. Speaking about the Pakistani mining project at a conference in the US State of Colorado, the South Africa-born Bristow said “This is like the early days in Chile, the Escondida discoveries and so on”, according to Mining.com, a leading industry publication. "It has enormous…
ContinuePosted by Riaz Haq on November 19, 2024 at 9:00am
Citizens of Lahore have been choking from dangerous levels of toxic smog for weeks now. Schools have been closed and outdoor activities, including travel and transport, severely curtailed to reduce the burden on the healthcare system. Although toxic levels of smog have been happening at this time of the year for more than a decade, this year appears to be particularly bad with hundreds of people hospitalized to treat breathing problems. Millions of Lahoris have seen their city's air quality…
ContinuePosted by Riaz Haq on November 14, 2024 at 10:30am — 1 Comment
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