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India ranks 94th among 107 nations ranked by World Hunger Index in 2020. Other South Asian have fared better: Pakistan (88), Nepal (73), Bangladesh (75), Sri Lanka (64) and Myanmar (78) – and only Afghanistan has fared worse at 99th place. The COVID19 pandemic has worsened India's hunger and malnutrition. Tens of thousands of Indian children were forced to go to sleep on an empty stomach as the…
ContinueAdded by Riaz Haq on October 16, 2020 at 11:00am — 27 Comments
Global food prices are soaring by double digits amid the coronavirus pandemic, according to Bloomberg News. Bloomberg Agriculture Subindex, a measure of key farm goods futures contracts, is up almost 20% since June. It may in part be driven by speculators in the commodities markets. These rapid price rises…
ContinueAdded by Riaz Haq on October 14, 2020 at 7:30pm — 6 Comments
On October 12, 1999, Pakistani military toppled democratically elected Prime Minister Mian Mohammad Nawaz Sharif. This action followed the Prime Minister's sudden decision to sack Army Chief General Pervez Musharraf and the Prime Minister's simultaneous orders to deny landing permission to the Pakistan International Airlines Boeing 777-200 that was bringing the Army Chief…
ContinueAdded by Riaz Haq on October 12, 2020 at 10:00am — 18 Comments
In his recently published book entitled "The WEIRDest People in the World: How the West Became Psychologically Peculiar and Particularly Prosperous", Harvard Professor Joseph Henrich argues that western democracy and prosperity in America and Europe can be traced back to the Catholic Church's ban on cousin marriages and polygamy. These bans promoted individualism and created what is now known as a "nuclear family". Cousin marriages and strong kinship remain prevalent in present-day Pakistan,…
ContinueAdded by Riaz Haq on October 9, 2020 at 10:30am — 9 Comments
In a recent article entitled "Is Pakistan really handling the pandemic better than India", The Economist says Pakistani Prime Minister Imran Khan has "crowed" about his government's handling of the coronavirus pandemic. It also cites an Indian-American professor who says "test not, find not" to raise questions about Pakistan's coronavirus data. Conspicuously absent from the article is any emphasis on the covid19 test "…
ContinueAdded by Riaz Haq on October 7, 2020 at 10:30am — 7 Comments
A recent Dawn newspaper article entitled "Getting Ahead in the West" by British journalist Owen Bennet Jones suggests that Pakistanis in the US and the UK are doing poorly relative to their Indian counterparts. It builds this narrative using the example of 3 ministers of Indian origin and just one junior minister of Pakistani origin in Prime Minister Boris Johnson's cabinet. It also cites the…
ContinueAdded by Riaz Haq on October 5, 2020 at 8:00am — 16 Comments
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
India is set to receive nearly $500 million in emergency aid from Japan to cope with rising covid19 cases and worsening economy, according to Hindustan Times. This is the largest amount of financial assistance announced by any country so far to support India’s response to the Covid-19 crisis, which has had widespread impacts on the…
ContinueAdded by Riaz Haq on August 31, 2020 at 6:30pm — 14 Comments
Continueالطُّهُورُ شَطْرُ الإِيمَانِ” – “Cleanliness is half the faith [Sahih Muslim Hadith]
India is setting new global records in daily COVID19 cases while neighboring Pakistan has seen an…
Added by Riaz Haq on August 30, 2020 at 1:00pm — 17 Comments
Pakistani reporter …
ContinueAdded by Riaz Haq on August 28, 2020 at 10:30pm — 10 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 — 2 Comments
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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