The Global Social Network
Added by Riaz Haq on June 29, 2016 at 10:11am — 2 Comments
Pakistan's finance minister Ishaq Dar has suggested to his countrymen to eat chicken instead of daal (pulses or legumes). Does the minister sound like Queen Marie-Antoinette (wife of France's King Louis XVI) who reportedly said to hungry rioters during the French Revolution: “Qu'ils mangent de la brioche”—“Let them eat cake”? Let's look into it.
It is indeed true that some varieties of daal are priced higher than chicken. For example, maash is selling at Rs. 260 per kilo,…
ContinueAdded by Riaz Haq on June 19, 2016 at 8:17pm — 33 Comments
Yet another tragic mass shooting in America--this time in an Orlando gay night club with the heaviest recorded death toll in a mass shooting in American history. The culprit: Omar Mateen, a young AR-15 high-powered assault-rifle-wielding American-born Muslim reportedly self-radicalized remotely by ISIS via the Internet.
Could the Orlando night club tragedy have been prevented if America had fewer Muslims, as the presumptive Republican presidential nominee …
ContinuePakistan’s National Electric Power Regulatory Authority (NEPRA) has published for public comments its revised feed-in tariffs (FiTs) for solar energy projects of up to 100 MW, according to a report in PV-Tech journal.…
MSCI Pakistan Index will be reclassified to Emerging Markets status, coinciding with the May 2017 Semi-Annual Index Review, according to an MSCI press release on June 14, 2016.
Emerging Market Upgrade:
Pakistan's Karachi Stock Exchange KSE100 Index has rallied 14% in 2016, making it Asia's best performing market so far this year in anticipation of the MSCI…
ContinueAdded by Riaz Haq on June 14, 2016 at 5:00pm — 5 Comments
Added by Riaz Haq on June 14, 2016 at 1:30pm — 3 Comments
Pakistan government has approved an $ 8.2 billion project to upgrade the 1,872 km Karachi - Peshawar rail track, bridges, tunnels, and culverts, according to International Railway Journal.
The new track will support increased axle load of up to 25 tons, up from 22.8 tons which is now the norm in South Asian countries. The higher axle load capacity will allow heavier freight trains carrying more freight per train for greater trade overland.
China will provide 85%…
ContinueAdded by Riaz Haq on June 11, 2016 at 7:30pm — 29 Comments
Added by Riaz Haq on June 8, 2016 at 8:30pm — 4 Comments
Added by Riaz Haq on June 5, 2016 at 8:19am — 14 Comments
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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 household 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…
ContinuePosted by Riaz Haq on January 6, 2026 at 5:16pm
As we enter the year 2026, it is time to review the year 2025 and wish you all Happy New Year 2026! May it bring peace, prosperity and happiness to all!!
The year 2025 saw Pakistan defeat a brazen Indian attack on its soil, while reviving its economy and…
ContinuePosted by Riaz Haq on December 30, 2025 at 9:30pm — 4 Comments
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