The Global Social Network
A 2012 study of 22 nations conducted by Prof Miles Corak for the Organization for Economic Cooperation and
Development (OECD) has found income
heritability to be greater in the United States, the United Kingdom, Italy, China and 5 other countries than in Pakistan.
The study's findings, presented by the author in testimony to the US Senate Finance Committee on July 6, 2012, rely on the…
Added by Riaz Haq on November 25, 2012 at 11:00pm — 13 Comments
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Even with the run-up (in KSE-100), Andrew Brudenell, manager of the HSBC Frontier
Markets fund (HSFAX) in London, says Pakistan is one of the cheapest
markets he follows, at about seven times earnings. He notes that
earnings growth has kept pace with the market. The firms, he adds, are
typically cash-rich, boast strong return on…
Added by Riaz Haq on November 18, 2012 at 9:30pm — 35 Comments
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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…
ContinuePakistan 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 …
ContinuePosted by Riaz Haq on May 9, 2025 at 11:00am — 32 Comments
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