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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…
ContinueAdded 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…
ContinueAdded 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…
ContinueAdded by Riaz Haq on May 12, 2023 at 5:00pm — 46 Comments
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Blog Posts
Is the India Growth Story Over?
In a television speech to the nation, Indian Prime Minister Narendra Modi urged his people to make sacrifices by spending less on fuel, fertilizer, and travel. He also asked them not to buy gold for a year. “To save foreign exchange, we must accept the challenge of patriotism,” he said. It appears that India's problems do not just stem from the effects of the US-Iran war; India's problems started well before that. Flight of foreign capital has put the Indian currency under tremendous…
ContinuePosted by Riaz Haq on May 11, 2026 at 9:00pm — 3 Comments
Pakistan's New Infrastructure Investments and Trade Routes
Pakistan has recently launched 5G wireless service in multiple cities and closed financing on the 306 kilometer 6-lane Sukkur-Hyderabad M6 motorway. In addition, Pakistan is seeing significant increase in the utilization of its Gwadar and Karachi ports after the closure of the Strait of Hormuz due to the US-Iran war. This will help open the trade routes from Pakistan to Central Asia via Iran, bypassing unstable Afghanistan. It has the potential to eventually make Pakistan a major…
ContinuePosted by Riaz Haq on May 4, 2026 at 5:00pm — 10 Comments
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