The Global Social Network
The European Union (EU) and India have recently agreed to a trade deal which includes an MOU to allow “an uncapped mobility for Indian students”, according to officials, allowing Indians greater ease to travel, study and work across EU states. India's largest and most valuable export to the world is its people who last year sent $135 billion in remittances to their home country. Going by the numbers, the Indian economy is a tiny fraction of the European Union economy. Indians make up 17.8%…
ContinueAdded by Riaz Haq on January 28, 2026 at 11:00am — 13 Comments
Ruling politicians in New Delhi continue to hype their country's economic growth even as the Indian currency hits new lows against the US dollar, corporate profits fall, electrical power demand slows, domestic savings and investment rates decline and foreign capital flees Indian markets. The International Monetary Fund (IMF) has questioned India's GDP and independent economists…
ContinueAdded by Riaz Haq on January 25, 2026 at 4:30pm — 13 Comments
The US State Department has suspended processing of immigrant visas from 75 countries, including Pakistan but not India. This action followed President Donald Trump's social media post that listed, without context, the percentage of immigrant households from these countries that rely on the US government financial assistance. While Mr. Trump’s post singled out immigrants,…
ContinueAdded by Riaz Haq on January 17, 2026 at 5:30pm — No Comments
In a recent speech to young Hindus in New Delhi, the Indian National Security Advisor Ajit Doval urged his audience to "avenge history". He talked about the looting and destruction of Hindu temples and many centuries humiliation suffered by Indians. Though he did not…
ContinueAdded by Riaz Haq on January 14, 2026 at 2:00pm — 4 Comments
Recently released HIES 2024-25 household integrated economic survey by Pakistan Bureau of Statistics (PBS) raises more questions than it answers. For example, it shows that Pakistani households are buying lower amounts of basic food ingredients like wheat, meat and eggs in the last four years, implying that people are eating less to cover other expenses, like electricity and gas. But it doesn't explain why the households have reported significantly lower purchases of these items than…
ContinueAdded by Riaz Haq on January 6, 2026 at 5:00pm — 6 Comments
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On July 16 in Shanghai, 29 countries, including China, Pakistan and Russia, signed the founding agreement of WAICO, World AI Cooperation Organization. Every BRICS founding member is in, except India. This agreement follows the launch of the US-led Pax Silica, a 24-member coalition, including India, which is designed to counter China's AI efforts. The stated goal of both these competing groups is to provide global governance, including building guardrails and setting…
ContinuePosted by Riaz Haq on July 20, 2026 at 6:26pm — 11 Comments
Pakistan's electricity demand has soared 21% in just two years. Rapid electrification is positively impacting all sectors of Pakistan's economy. thanks to growing deployment of distributed solar, estimated at 38 GW as of June, 2025. In 2025, 44% of solar deployment was residential, followed by industry (26%), agriculture (21%) and commercial users (9%). It is stimulating demand for a variety of products ranging from air conditioners and refrigerators to washing machines and…
ContinuePosted by Riaz Haq on July 13, 2026 at 5:09pm — 2 Comments
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