Riaz Haq's Blog – June 2025 Archive (3)

Trump Administration Seeks Pakistan's Help For Promoting “Durable Peace Between Israel and Iran”

US Secretary of State Marco Rubio called Pakistan Prime Minister Shehbaz Sharif to discuss promoting “a durable peace between Israel and Iran,” the State Department said in a statement, according to Reuters.  Both leaders "agreed to continue working together to strengthen Pakistan-US relations, particularly to increase trade", said a statement released by the Pakistan government.…

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Added by Riaz Haq on June 27, 2025 at 8:30pm — 19 Comments

Clean Energy Revolution: Soaring Solar Energy Battery Storage in Pakistan

Pakistan imported an estimated 1.25 gigawatt-hours (GWh) of lithium-ion battery packs in 2024 and another 400 megawatt-hours (MWh) in the first two months of 2025, according to a research report by the Institute of Energy Economics and Financial Analysis (IEEFA). The report projects these imports to reach 8.75 gigawatt-hours (GWh) by 2030. Using …

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Added by Riaz Haq on June 14, 2025 at 10:30am — 15 Comments

Builder.AI: Yet Another Global Indian Scam?

A London-based startup builder.ai, founded by an Indian named Sachin Dev Duggal,  recently filed for bankruptcy after its ‘neural network’ was discovered to be 700 Indians coding in India. The company promoted its "code-building AI" to be as easy as "ordering pizza".  It was backed by nearly half a billion dollar investment by top tech investors including Microsoft. The company was valued at $1.5 billion. This is the latest among a series of global scams originating in India. …

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Added by Riaz Haq on June 8, 2025 at 4:30pm — 12 Comments

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    Pakistan Household Survey HIES 2024-25 Raises More Questions Than It Answers

    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…

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    Posted by Riaz Haq on January 6, 2026 at 5:16pm

    Happy New Year 2026: Pakistan's Year 2025 in Review

    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…

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    Posted by Riaz Haq on December 30, 2025 at 9:30pm — 4 Comments

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