The Global Social Network
Since the middle of the 18th century, the Industrial Revolution has transformed the world. Energy-hungry machines are now doing more and more of the work at much higher levels of productivity than humans and animals who did it in pre-industrial era. In recent years, the rapid growth in computers and mobile phones spawned by the Information and Communications Technology (ICT) revolution has further increased demand for energy. Currently somewhere between 5-10% of
electrical…
Added by Riaz Haq on June 10, 2012 at 11:30am — 51 Comments
Hundreds of Pakistani-American entrepreneurs met on Saturday, June 2, 2012 at Silicon Valley's Computer History Museum for this year's annual conference called OPEN Forum held each summer. It's organized by the Organization of Pakistani-American Entrepreneurs (OPEN) in Silicon Valley. The conference had a large number of sponsors, including dozens of
Silicon Valley companies founded or managed by Pakistani-Americans.…
Added by Riaz Haq on June 8, 2012 at 11:00pm — 6 Comments
As of 2010, there are 380 out of every 1000 Pakistanis age 15 and above who have never had any formal schooling. Of the remaining 620 who enrolled in school, 22 dropped out before finishing primary school, and the remaining 598 completed it. There are 401 out of every 1000 Pakistanis who made it to secondary school. 290 completed secondary school while 111 dropped out. Only 55 made it to college out of which 39 graduated with a degree.…
ContinueAdded by Riaz Haq on May 29, 2012 at 10:00pm — 37 Comments
The U.S. Census Bureau has recently reported that the United States has reached a historic tipping point -- with Latino,
Asian, mixed race and African American births constituting a majority of
births for the first time. Minorities made up about 2 million, or 50.4%, of the births in the
12-month period ending July 2011. The
latest figure was up from 49.5% reported in the 2010 census.…
Added by Riaz Haq on May 24, 2012 at 10:30pm — 2 Comments
While the overall foreign student population in Australia has declined this year, the number of Pakistanis studying in Australia is continuing double-digit growth, according to recent Australian government data on international education. Pakistan has now become the top growth market for Australia's…
ContinueAdded by Riaz Haq on May 16, 2012 at 5:00pm — 13 Comments
Gallup 2012 Wellbeing survey reports that 20% of Pakistanis say they are "thriving", down from 32% last year. However, the report shows that more of them are still better off than their neighbors in Bangladesh (16% thriving) and India (11% thriving). The number of those "thriving" increased in Bangladesh by 3% and declined in India by 6%.
The…
Added by Riaz Haq on May 10, 2012 at 9:00am — 4 Comments
Elliot Wave theorist Mark Galasiewski is forecasting continuation of multi-year bull market in Pakistan. This forecasts marks an unusual agreement of a technical analyst with fundamental research done by Jim O'Neill of Goldman Sachs who recently reiterated Pakistan's place on its growth map. …
Added by Riaz Haq on May 2, 2012 at 10:02pm — 10 Comments
Pakistan's Virtual University (VU) has won the Outstanding New Site Award 2012 for an Open CourseWare website which was created last year, according to media reports.
The Awards for OpenCourseWare Excellence…
Added by Riaz Haq on April 30, 2012 at 11:00pm — 18 Comments
Lack of affordable fuel has forced many power producers in Pakistan to operate at a fraction of their installed capacity since 2008. It has led to widespread load-shedding in the country, seriously hurting its economy. Similar situation now appears to be developing in India as well, although it's not quite as serious as Pakistan's current crisis yet. Current costs of various fuel options vary from $4 per mmBTU for coal to $20 per mmBTU for oil. Recently, the US prices of natural gas have…
ContinueAdded by Riaz Haq on April 21, 2012 at 10:00am — 17 Comments
There are strong rumors that Kingdom of Saudi Arabia has joined the United States to oppose Iran-Pakistan gas pipeline project for which Pakistan is trying to arrange financing in the face of tightening US sanction on Iran.
The Chinese have already pulled out of the project after the US imposed sanctions on banks and other entities dealing with projects and transactions involving Iran. Russia's Gazprom is reportedly interested in financing and constructing the Pakistan section of the…
ContinueAdded by Riaz Haq on April 17, 2012 at 5:00pm — 10 Comments
US natural gas prices have fallen below $2 per million BTU (approx 1000 cubic feet), about one-sixth of the price Pakistan has agreed to pay for Iranian gas. With over 50 trillion cubic feet of known shale gas reserves in Sindh alone, Pakistanis can also enjoy the benefits of cheap and abundant source of energy for decades via…
ContinueAdded by Riaz Haq on April 12, 2012 at 6:30pm — 4 Comments
Car sales increased 14 percent in February from a year earlier. Cement sales are rising with growing housing demand for increasing population. Lucky Cement, Pakistan’s biggest publicly traded construction materials company, is expected to post record earnings this year. Rising farm prices of bumper crops are pumping hundreds of billions of rupees each year into Pakistan's rural economy.
Contrary to…
ContinueAdded by Riaz Haq on April 7, 2012 at 7:30am — 21 Comments
Pakistan has over 50 trillion cubic feet of shale gas reserves, according to the US Energy Information Administration (EIA) estimates. It's enough to energize Pakistani homes, businesses, power plants, CNG vehicles, fertilizer plants and factories for 25 years at a rate of 2 trillion cubic feet of consumption per year at…
ContinueAdded by Riaz Haq on April 4, 2012 at 6:00pm — 2 Comments
Pakistan Revolution
People call us a failed state. People are giving our country no more than 5years to survive. Our economy is in shambles. We are trillions of Ruppees under debt and continue to go deeper in it. Our policies are being dictated by outsiders since we are always begging.
We are facing hyper inflation with prices increasing many folds. Hyper inflation, unemployment or under-employment is rendering people unable to afford the basic necessities.…
Added by Umair Butt on April 3, 2012 at 8:34am — No Comments
In his recently published book "The Growth Map", Goldman Sachs' Jim O'Neill of BRIC fame has reiterated Pakistan's long term growth prospects as part of the Next 11 (N-11) group of nations which includes Bangladesh, Egypt, Indonesia, Iran, Mexico, Nigeria, Pakistan, Philippines, Turkey, South Korea, and Vietnam.…
ContinueAdded by Riaz Haq on March 22, 2012 at 10:00pm — 12 Comments
Spurred by a favorable regulatory and technology environment, Pakistan is witnessing dramatic growth in branchless banking, according to a March 14, 2012 report by the State Bank of Pakistan.
Here are some of the key indicators contained in the State Bank report:
1. Number of branchless banking accounts jumped 40 percent to 929,184 in October-December 2011 (Second quarter of FY2011-12) from the preceding…
ContinueAdded by Riaz Haq on March 16, 2012 at 9:13pm — 13 Comments
The revolutionary Khan Academy is a brainchild of Bangladeshi-American Salman Khan. It is growing in popularity among Pakistanis wishing to take advantage of "Free World Class Education" offered online via short 10-15 minute videos. The subjects range from math, physics, chemistry and biology to astronomy, history, economics, finance, engineering and medicine. Khan counts Microsoft founder Bill Gates among his fans and students. Gates has described…
ContinueAdded by Riaz Haq on March 14, 2012 at 10:00pm — 6 Comments
Here's a report about a new tourism portal for Pakistan:
Pakistan-explorer.com: A ray of hope in the clogged-up tourism culture in the country
Launched with a distinct vision of promoting the tourism culture in the country,…
ContinueGrowing at more than 55% a year and collectively employing 41,000, the winners of Pakistan Fast Growth 100 contest were announced by Harvard-based Allworld Network last week. Of these 100 entrepreneurial companies, 70 also qualified for the Arabia500, putting…
ContinueAdded by Riaz Haq on March 11, 2012 at 10:45pm — 3 Comments
Leaked emails by wikileaks suggest that dead Pakistani journalist Saleem Shahzad was working for the CIA. The emails show Stratfor's web of informers, pay-off structure, payment laundering techniques and psychological methods:
Email-ID 1644311
Date 2011-06-01 15:50:16
From burton@stratfor.com
To sean.noonan@stratfor.com, hoor.jangda@stratfor.com,…
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India's population has aged faster than expected while its economic growth has slowed over the last decade. This raises the obvious question: Will India get old before it gets rich? Is India getting poorer relative to its peers in the emerging markets? …
Posted by Riaz Haq on October 29, 2024 at 12:30pm
The United States and Canadian governments are alleging that Indian government agents plotted assassinations of Sikh dissidents on their soils. Their investigations paint a shocking picture of how recklessly Prime Minister Narendra Modi’s government operates. …
Posted by Riaz Haq on October 19, 2024 at 4:43pm — 7 Comments
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