May 2023 Blog Posts (3)

G20 Kashmir Meeting: Modi's PR Ploy Backfires!

Prime Minister Narendra Modi's campaign to show normalcy in the Indian occupied territory of Jammu and Kashmir has backfired.  Three member countries of the G20 boycotted the tourism event in Srinagar. The rest of them sent local embassy staff to attend. The event also drew negative worldwide media coverage of the brutality of India's "settler colonialism" in the disputed territory. It elicited strong condemnation from the United Nations. Prior to the event, India’s tourism secretary, Arvind…

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Added by Riaz Haq on May 24, 2023 at 11:30am — 34 Comments

India-Russia Trade: Is Indian Rupee Worthless For Cross-Border Transactions?

What good is a currency in global trade if it can not be used to buy products and services from other nations that a country needs?  The answer to this question came when Russia said it has accumulated billions of rupees in Indian banks which it can not use. “This is a problem”,  Russian Foreign Minister Sergei Lavrov told reporters in India’s Western state of Goa on the sidelines of the Shanghai Cooperation Organization meeting.  “We need to use this money. But for this, these rupees must…

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Added by Riaz Haq on May 17, 2023 at 1:00pm — 9 Comments

Pakistan Now: Darkest Before Dawn?

Pakistan is experiencing one of the darkest periods of its history. Political instability is eroding confidence in the nation's future. Declining economic growth and high inflation are hurting the people of all strata of society, particularly the poor whose numbers are rapidly rising. Is there any hope left for the country? Is it a case of the "darkest before dawn"? How do…

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Added by Riaz Haq on May 12, 2023 at 5:00pm — 46 Comments

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    Blog Posts

    PIA Privatization: Can it Bring Back Pakistan National Airline's Glory Days?

    After decades of failed attempts, the Government of Pakistan has finally privatized the Pakistan International Airline (PIA) under intense pressure from the International Monetary Fund (IMF). Nonetheless, it is a deal that will give the national airline not only a chance to survive but to thrive in the long run. As part of structuring the sale for Rs. 135 billion, the government has assumed Rs. 654…

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    Posted by Riaz Haq on December 25, 2025 at 10:30am — 4 Comments

    Pakistan Pharma Begins Domestic Production of GLP-1 Weight Loss Drugs

    Several Pakistani pharmaceutical companies have started domestic production of generic versions of GLP-1 (Glucagon-Like Peptide-1) drugs Ozempic/Wegovy (Semaglutide) and Mounjaro/Zeptide (Tirzepatide). Priced significantly lower than the branded imports, these domestically manufactured generic drugs will increase Pakistanis' access and affordability to address the obesity crisis in the country, resulting in lower disease burdens and improved life quality and longer life expectancy. Obesity…

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    Posted by Riaz Haq on December 19, 2025 at 10:00am — 1 Comment

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