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Pakistan has about 1.2 million tube wells extracting 50 million acre feet of water every year for farm irrigation. NASA satellite maps show that Pakistan is among the places worst affected by rapid depletion of groundwater. …
ContinueAdded by Riaz Haq on April 1, 2021 at 11:03am — 8 Comments
Ever Given container ship that ran aground and blocked all shipping traffic through the Suez Canal, the busiest waterway in the world, has just been re-floated. The mega cargo ship's captain and the entire crew are Indian, the owners and shipbuilders are Japanese, the operator is German, the insurance company is British, the charterer is Taiwanese and the cargo is Chinese, according to media reports. The ship was reported blown aground by strong winds. …
ContinueAdded by Riaz Haq on March 28, 2021 at 9:30pm — 6 Comments
Sheikh Alam, a Muslim leader of Mamta Banerjee's Trinamool Congress Party, has recently been quoted in the Indian media as saying: "We (Muslims) are 30% and they (Hindus) are 70% They will come to power with the support of the 70%, they should be ashamed. If our Muslim population moves to one side then we can create four new Pakistans. Where will 70% of the population go?" …
ContinueAdded by Riaz Haq on March 27, 2021 at 11:30am — 49 Comments
Pakistan's technology exports shot up by 69% in February 2021 from the same month last year. Tech exports soared 41% for the first 8 months (July 2020-February 2021) of the current fiscal year from the same period period last year, according data released by the State Bank of Pakistan. …
Added by Riaz Haq on March 23, 2021 at 9:00pm — 12 Comments
Amid the COVID19 pandemic, Pakistan's World Happiness ranking has dropped from 66 (score 5.693) among 153 nations last year to 105 (score 4.934) among 149 nations ranked this year. Neighboring India is ranked 139 and Afghanistan is last at 149. Nepal is ranked 87, Bangladesh 101, Pakistan 105, Myanmar126…
ContinueAdded by Riaz Haq on March 20, 2021 at 8:00pm — 3 Comments
"Putin is a killer", declared President Joseph R. Biden in a recent interview with George Stephanopoulos of ABC News. This stands in sharp contrast to what former President Donald J. Trump said in a 2017 Super Bowl Sunday interview Fox News when host Bill O'Reilly authoritatively declared Russian President Vladimir “Putin’s a killer.” Trump replied with the question: “What, you think…
ContinueAdded by Riaz Haq on March 18, 2021 at 9:30am — 61 Comments
Quest for sustainable fiber with antimicrobial properties has created a global market for hemp (بھنگ) that grows wild in Pakistan. The ongoing COVID19 pandemic and increasing climate concerns have given further impetus to this movement. Responding to shifting market preferences, major Pakistani denim makers Artistic Milliners and US Denim have now begun producing new denim fabrics blending cotton with …
ContinueAdded by Riaz Haq on March 15, 2021 at 9:30am — 11 Comments
Until 2010, Bangladesh was a laggard in South Asia region. Its per capita income was about half of Pakistan's. Now Bangladesh's per capita gdp is higher than both India's and Pakistan's. What changed? The biggest change is Bangladeshi leader Shaikh Hasina's decision to stifle the unruly Opposition and the media to bring political and economic stability to the South Asian nation of 160 million people. It has eliminated a constant sense of crisis and assured investors and businesses of…
ContinueAdded by Riaz Haq on March 11, 2021 at 9:30pm — 29 Comments
The recent shock defeat of Dr. Hafeez Shaikh, Prime Minister Imran Khan's nominee for the Senate, has former President Asif Ali Zardari's fingerprints on it. The former president and current co-chairman of the Pakistan Peoples Party orchestrated the buying of votes and arranged the hundreds of millions of rupees used for the purpose to ensure former Prime Minister Yusuf Raza Gilani's surprise victory in the recent Senate Elections. Zardari has been widely known to be "in his elements" when…
ContinueAdded by Riaz Haq on March 6, 2021 at 10:30am — No Comments
Vietnam has attracted major manufacturing and export-oriented industries that have relocated from China as the US-China trade war heated up. This process further accelerated during the COVID19 pandemic in the year 2020. As a result, Vietnam is now labeled by many analysts as "The Newest Asian Tiger". Bangladesh, too, has attracted export-oriented garment manufacturing industries. Can Pakistan follow Vietnam's and Bangladesh's examples? Pakistan was the original Asian Tiger back in the 1960s…
ContinueAdded by Riaz Haq on March 5, 2021 at 7:00pm — 12 Comments
The results of a test called "Supertest", developed by researchers from the US, China, Russia and India,, show that Indian engineering students perform very poorly relative to their peers in other countries. Supertest is the first study to track the progress of students in computer science and electrical engineering over the course of their studies with regard to their abilities in physics, mathematics and critical thinking and compare the results among four countries.
Supertest…
ContinueAdded by Riaz Haq on March 4, 2021 at 1:00pm — 5 Comments
China's central bank is testing its digital currency in several major Chinese cities. The chairman of US Federal Reserve has recently confirmed that the US Central Bank is working on digital dollar. The State Bank of Pakistan announced in 2019 that it was developing a digital currency. It seems that the popularity of Bitcoin has triggered serious worries of loss of control of the official financial systems among the central bankers around the world. China's substantial lead in digital…
ContinueAdded by Riaz Haq on March 1, 2021 at 8:30am — 32 Comments
Pakistan steel production grew by 13.3% in 2020, the second fastest among the top 40 steel producing countries, according to data published by the World Steel Association. At the same time, Pakistan Bureau of Statistics revealed that the nation's steel imports rose by 18% year-over-year. The demand for steel was driven by construction and manufacturing sectors which are leading Pakistan's economic recovery. …
ContinueAdded by Riaz Haq on February 27, 2021 at 12:00pm — 38 Comments
Asian Tigers built their strong economies by becoming export powerhouses. China has done so in more recent decades. How can Pakistan do the same? An answer to this question came this week from Karen Chen of China's Challenge Apparel. Here's what she said as reported by Dawn News:
“Chinese want to shift their business to a place where they can set up their operations in 3-6 months. You know…
ContinueAdded by Riaz Haq on February 23, 2021 at 1:00pm — 5 Comments
Imran Khan's government has completed about half of its 5-year term it won in 2018. What are its accomplishments? Where has it failed in terms of economy and foreign policy.
Economy:
Imran Khan inherited a serious balance of payments crisis cased by flat exports and record high imports in 2013-2018 period under Pakistan Muslim League (Nawaz) government. while the PTI government…
ContinueAdded by Riaz Haq on February 21, 2021 at 7:30pm — 20 Comments
New roads, an airport and a water reservoir in Tharparkar are opening up Pakistan's least developed region. Jobs are being created, drought-resistant nutritious trees and crops being planted and fish farms being established for the benefit of the the people of Thar. New water pond is attracting migratory birds that feed on fish. …
ContinueAdded by Riaz Haq on February 19, 2021 at 10:30am — 34 Comments
Dr. Hasan Gokal, Pakistani-American medical director of Harris County COVID Response Team, has been charged with stealing COVID19 Moderna vaccine and fired from his job, according to media reports. Dr. Gokal's "crime" is to give away unused coronavirus vaccine doses that would have expired and lost if not used within hours. A Texas judge has dismissed charges against him. …
Added by Riaz Haq on February 16, 2021 at 9:30pm — 2 Comments
Few films about India offer the kind of incisive social commentary that the recently released "The White Tiger" does. Based on a novel of the same name by Aravind Adiga, it tells the story of a poor but ambitious young man from a village in the Indian state of Uttar Pradesh. The film touches on religion, caste, class and democracy in India. It is directed by…
ContinueAdded by Riaz Haq on February 14, 2021 at 2:30pm — 11 Comments
The 2020 Indian American Attitudes Survey (IAAS) results confirm the anecdotal evidence of India's Hindu Nationalist Prime Minister Narendra Modi's massive popularity among Hindu Americans. The findings of a survey sponsored by Washington-based think tank Carnegie Endowment For International Peace reveal that 69% of Hindu Americans approve of Mr. Modi's performance. 70% of Hindu Americans agree or strongly agree that white supremacy is a threat to minorities in the United States, compared to…
ContinueAdded by Riaz Haq on February 10, 2021 at 9:00am — 37 Comments
Pakistan is hosting navies from 45 nations, including the United States, China and Russia, for a joint military exercise named "AMAN 2021" in the North Arabian Sea later this month. This is the first time in a decade that Russian naval ships will attend drills with multiple NATO members.
The news prompted Indian defense analyst Pravin Sawhney to tweet: "Pakistan Navy Aman 21…
ContinueAdded by Riaz Haq on February 8, 2021 at 6:00pm — 36 Comments
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The recently concluded IDEAS 2024, Pakistan's Biennial International Arms Expo in Karachi, featured the latest products offered by Pakistan's defense industry. These new products reflect new capabilities required by the Pakistani military for modern war-fighting to deter external enemies. The event hosted 550 exhibitors, including 340 international defense companies, as well as 350 civilian and military officials from 55 countries.
Pakistani defense manufacturers…
ContinuePosted by Riaz Haq on December 1, 2024 at 5:30pm
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
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