The Global Social Network
Plummeting Indian rupee is the most obvious symptom of the world losing confidence in India. The crisis of confidence is so great that Jim O'Neill, former Goldman Sachs executive whose BRIC acronym made India an attractive investor destination in 2001, has recently said that “if I were to change it, I would just leave the "C"" in BRIC.…
Added by Riaz Haq on August 25, 2013 at 8:00am — 5 Comments
Continue
"To keep up the purity of the Race and its culture, Germany shocked the world by her purging the country of the Semitic races -- the Jews. Race pride at its highest has been manifested here. Germany has also shown how well-nigh impossible it is for races and cultures, having differences going to the root, to be…
Added by Riaz Haq on August 21, 2013 at 8:30am — 17 Comments
Are today's Muslims fratricidal low-achievers? Are Muslims unique in their lack of achievement and propensity for fratricidal violence? Are there other religious and racial groups which share these traits with Muslims?
It has become fashionable among Muslims and non-Muslims alike to bash followers of the Islamic faith for their lack of achievement and propensity for fratricidal violence. Some criticize Muslims for having won only 10 Nobel prizes since the prize was launched in…
Added by Riaz Haq on August 16, 2013 at 9:16pm — 9 Comments
Continue
"At Christmas there's Santa Claus to give everyone gifts, it's important for Christians. For us Ramadan is a really special time so it's really important to make people happy and reward them." Aamer Liaquat Husain, Popular Televangelist and Show Host of Pakistan's…
Added by Riaz Haq on August 5, 2013 at 11:30am — 3 Comments
"Have you no sense of decency, sir? At long last, have you left no sense of decency?" asked Joseph N. Welch in responding to the accusatory US Senator Joseph McCarthy in 1950s as part of the Army–McCarthy hearings.…
Added by Riaz Haq on August 4, 2013 at 8:38am — 4 Comments
The rise of the West was driven by the Industrial Revolution beginning in the 18th century. It has since been fueled by fossil fuels--initially coal and later with oil and gas. Coal was indigenous in Britain and America but it is highly polluting and left much of London and New York with a thick coat of soot on everything in sight. Oil burns relatively cleaner but much of it is in the Middle East,…
ContinueAdded by Riaz Haq on July 30, 2013 at 7:00pm — 2 Comments
"Do your fasting, pay zakat (charitable donations) and serve your parents, but do these things by the light of legal electricity." Peshawar Electric Supply Company (PESCO)
Added by Riaz Haq on July 27, 2013 at 8:40am — No Comments
Pantheon of women superheros has a new entry from Pakistan - the Burka Avenger, a mild mannered school-teacher who fights feudal villains and terrorists getting in the way of girls' education.
Added by Riaz Haq on July 24, 2013 at 11:30am — 13 Comments
First tight gas well producing 15 million cubic feet per day of natural gas is on line at Sajawal gas field in Kirthar block in Sindh province, according to a report in Express Tribune. This marks a major milestone in development of unconventional hydrocarbon energy sources in Pakistan. Sajawal gas field is located 110 km south east of Karachi, Pakistan. It puts…
ContinueAdded by Riaz Haq on July 18, 2013 at 9:30pm — 8 Comments
Frequent IMF bailouts and power blackouts in energy-rich Pakistan are closely tied. One of the key reasons for recurring balance-of-payment crises is the country's rapidly rising oil import bill. The lack of sufficient fuel exacerbates load shedding, negatively impacts economy, reduces tax revenue growth and worsens current account and budget deficits. This requires repeated injections of IMF loans in US dollars to meet import requirements and deal with budget shortfalls.…
Added by Riaz Haq on July 11, 2013 at 10:30pm — 10 Comments
Added by Riaz Haq on July 10, 2013 at 1:00pm — 5 Comments
Sharp fall in Indian currency against the US dollar and slower economic growth have caused India's GDP for Fiscal Year 2012-13 to shrink in US $ terms to $1.84 trillion from $1.87 trillion a year earlier. The Indian rupee has plummeted from 47.80 in 2012 to 54.30 to a US dollar in 2013, according to Business Standard. Since this report was published in Business…
ContinueAdded by Riaz Haq on June 29, 2013 at 8:00am — 22 Comments
Added by Riaz Haq on June 27, 2013 at 4:00pm — 4 Comments
Lahore-based Groopic and Islamabad-based Tunacode have been accepted to be part of this summer’s Blackbox Connect program in Silicon Valley.
Founded by Pakistanis, both companies are start-ups with innovative products whose founding teams are looking to live, learn and network for two weeks at an Atherton mansion this summer from July 15 to 26, 2013. These young entrepreneurs are a reflection of…
Added by Riaz Haq on June 25, 2013 at 7:03pm — 3 Comments
US Secretary of State John Kerry's current visit to India has aroused Indian media's anger with the Times of India protesting that the secretary has "sought to draw parity between India and Pakistan".
In an article titled “Kerry’s soft line on Pakistan a sore subject,” Indian newspaper…
Added by Riaz Haq on June 25, 2013 at 9:49am — 15 Comments
Pakistan's proposed federal budget 2013-14 includes $36 billion in spending with deficit financing of $16 billion. Of this $16 billion, over $5 billion will be borrowed by the federal government to pay the power sector to settle the so-called circular debt.…
Added by Riaz Haq on June 18, 2013 at 3:30pm — 9 Comments
Pakistan has more shale oil than Canada, according to the US Energy Information Administration (EIA) report released on June 13, 2013.…
Added by Riaz Haq on June 16, 2013 at 11:30pm — 28 Comments
Pakistani national cricket team's horrible performance at the 2013 ICC Champions Trophy is uncharacteristic for a side widely regarded by experts as one of the most talented in the world. The latest losses have unleashed a torrent of anger in Pakistan with demands for heads at PCB to roll yet again.…
Added by Riaz Haq on June 16, 2013 at 10:05am — 2 Comments
Pakistan has made remarkable progress in electrification of its towns and villages both in absolute terms and as percentage of population over the past two decades, according to a recently-released report titled "Global Tracking Framework" issued jointly by the World Bank and the International Energy Agency. This report at least partly explains the dramatic increase in demand-supply gap and consequent increase in…
ContinueAdded by Riaz Haq on June 10, 2013 at 11:30am — 6 Comments
Added by Riaz Haq on June 6, 2013 at 5:30pm — 10 Comments
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016
2015
2014
2013
2012
2011
2010
2009
2008
2007
South Asia Investor Review
Investor Information Blog
Haq's Musings
Riaz Haq's Current Affairs Blog
Pakistan has unveiled its PFX (Pakistan Fighter Experimental) program as a significant upgrade to its JF-17 joint program with China. The new upgrade will have a number of stealth features ranging from the use of radar-absorbing composite materials and diverterless supersonic inlets (DSI) to internal weapons bay (IWB) which will significantly reduce the aircraft's radar signature. It is targeted for completion by the end of this decade. In addition, the PFX's twin-engine design will improve…
ContinuePosted by Riaz Haq on January 20, 2025 at 1:00pm — 1 Comment
The Pakistan government is preparing to license three low-earth-orbit (LEO) satellite operators for space communication services in the country, according to media reports. The companies whose applications are pending include London-based OneWeb, China's Shanghai Spacecom and US headquartered Starlink. They operate tens of thousands of small mass-produced satellites in low orbits that communicate with designated (mobile and stationary) ground stations. Each LEO satellite circles the earth…
ContinuePosted by Riaz Haq on January 15, 2025 at 1:30pm — 2 Comments
© 2025 Created by Riaz Haq. Powered by