Riaz Haq's Blog – May 2024 Archive (3)

Reko Diq: Value of Pakistan's Copper Deposits Soars Amid Surging Demand

The value of copper assets has surged 31.7% in the last six months, significantly surpassing the rise in tech stocks (20.2%) and gold (20%) in the same period. Growing demand for copper is mainly driven by increasing adoption of green technologies such as electric vehicles and growth in AI (artificial intelligence) data centers using the latest Nvidia chips. At current prices, the…

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Added by Riaz Haq on May 28, 2024 at 12:00pm — 17 Comments

Global Baby Bust: Pakistan is A Rare Bright Spot Among Most Populous Nations in Asia

There is an alarming rapid decline in fertility rates in both developed and developing nations, according to the United Nations.  Here is how the Wall Street Journal describes it: "The world is at a startling demographic milestone. Sometime soon, the global fertility rate will drop below the point needed to keep the population constant. It may have already happened". …

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Added by Riaz Haq on May 14, 2024 at 9:30am — 2 Comments

India's Modi Brags About Ordering Transnational Assassinations

In a campaign speech on May 1, Indian Prime Minister Narendra Modi bragged about his campaign of transnational assassinations of individuals he has labeled "terrorists". “Today, India doesn't send dossiers to the masters of terrorism, but gives them a dose and kills them on their home turf", he is reported to have said, according to a tweet posted by his BJP party. Last…

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Added by Riaz Haq on May 3, 2024 at 5:09pm — 9 Comments

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    Pakistan Joins China in World AI Cooperation Organization (WAICO)

    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…

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    Posted by Riaz Haq on July 20, 2026 at 6:26pm — 11 Comments

    Is Rapid Electrification Stimulating Pakistan's Economy?

    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…

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    Posted by Riaz Haq on July 13, 2026 at 5:09pm — 2 Comments

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