September 2013 Blog Posts (6)

Pakistani-American Richest Among South Asians in America

With a net worth of $3.8 billion, Shahid Khan tops the Forbes list of the richest Americans of South Asian origin. Overall, Khan ranks 122nd on Forbes 400 list for 2013, up from 179th in 2012.



Born in Pakistani city of Lahore, 63 year old Shahid Khan is a mechanical engineer and a self-made billionaire who built his fortune as a top supplier of bumpers to the auto industry. Khan made history in 2011 by becoming the…

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Added by Riaz Haq on September 25, 2013 at 9:30pm — 4 Comments

Pakistan Quake Sets Off Massive Offshore Gas Deposits

Pakistan is known to have significant natural gas deposits trapped in the form of methane hydrates in sedimentary rocks off the coast of Baluchistan. Tragic as yesterday's earthquake is in terms of loss of human life, it may also have triggered the release of substantial…

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Added by Riaz Haq on September 25, 2013 at 8:30am — 8 Comments

Pakistani-American's High-Tech Company Goes Public in New York

NASDAQ IPO of Silicon Valley's cyber security firm Fire-eye has made its Pakistani-American founder Ashar Aziz worth $430 million at the market close on Friday, according an estimate by Forbes magazine.



The high-tech company priced its initial public offering of 15.2 million…
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Added by Riaz Haq on September 23, 2013 at 6:00pm — 8 Comments

FDI Rises, Loadsheddig Declines in Prime Minister Nawaz Sharif's First 100 Days

FDI is up and load-shedding is down during Prime Minister Nawaz Sharif's government's first 100 days. However, there has been little progress on resolving fundamental issues such as lack of security, growing budget deficits, high current account deficits and continuing heavy subsidies to the power sector and various public sector enterprises like Pakistan Steel Mills, PIA, Railways, etc.



Foreign Inflows Jump: 



Prime Minister Nawaz Sharif's first 100 days in…

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Added by Riaz Haq on September 20, 2013 at 5:30pm — 19 Comments

Is American Exceptionalism Justified?



"My working and personal relationship with President Obama is marked by growing trust. I appreciate this. I carefully studied his address to the nation on Tuesday. And I would rather disagree with a case he made on American exceptionalism, stating that the United States’ policy is “what makes America different. It’s what makes us exceptional.” It is extremely dangerous to encourage people to see themselves as exceptional, whatever the motivation. There are big…
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Added by Riaz Haq on September 13, 2013 at 6:30pm — 17 Comments

Is Jinnah's Two Nation Theory Dead?

Some argue that the Two Nation Theory died with the 1971 partition of Pakistan that led to the separation of East Pakistan and the creation of Bangladesh. Others say that the TNT (Two Nation Theory) was dead the day Pakistan's founder Quaid-e-Azam Mohammad Ali Jinnah passed away on Sept 11, 1948.…



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Added by Riaz Haq on September 11, 2013 at 8:19pm — 21 Comments

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    Blog Posts

    Has Pakistan Destroyed India's S-400 Air Defense System at Adampur?

    Pakistan claims its air force (PAF) has destroyed India's high-value Russian-made S-400 air defense system (ADS) located at the Indian Air Force (IAF) Adampur air base. India has rejected this claim and posted pictures of Prime Minister Narendra Modi posing in front of its S-400 rocket launchers in Adampur.  Meanwhile, there are reports that an Indian S-400 operator, named Rambabu Kumar Singh, was killed at about the time Pakistan claims to have hit it. Pakistan is believed to have targeted…

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    Posted by Riaz Haq on May 21, 2025 at 4:00pm — 1 Comment

    Pakistan Downs India's French Rafale Fighter Jets in History's Largest Aerial Battle

    Pakistan Air Force (PAF) pilots flying Chinese-made J10C fighter jets shot down at least two Indian Air Force's French-made Rafale jets in history's largest ever aerial battle involving over 100 combat aircraft on both sides, according to multiple media reports. India had 72 warplanes on the attack and Pakistan responded with 42 of its own, according to Pakistani military. The Indian government has not yet acknowledged its losses but senior French and US intelligence officials have …

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    Posted by Riaz Haq on May 9, 2025 at 11:00am — 32 Comments

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