The Global Social Network
Most countries in the world today borrow money from various sources to finance their budget deficits. So do India and Pakistan. So why is it that only Pakistan's borrowing money gets labeled "begging"? Is it not begging when India borrows a lot more money than does Pakistan? Or is it that only borrowing money from the IMF qualifies as "begging"? Let's look into this double standard. Currently, India's public debt to GDP ratio is 80% while Pakistan's is about 74%. India's private debt to GDP…
ContinueAdded by Riaz Haq on July 22, 2025 at 6:30pm — 4 Comments
Recent data shows that there are nearly 10,000 Pakistani students attending colleges and universities in Germany. This figure is second only to the United Kingdom which issued over 35,000 student visas to Pakistanis in 2024. The second most popular destination for Pakistani students is Australia which is hosting nearly 24,000 students from Pakistan as of 2023, according to the ICEF…
ContinueWhile the Israeli weapons supplied by the "civilized" West are destroying the lives and limbs of thousands of Gaza's innocent children, a Pakistani startup is trying to provide them with free custom-made prostheses, according to media reports. The Karachi-based startup Bioniks was founded in 2016 and has sold prosthetics that use AI and 3D scanning for custom designs. …
ContinueThe Indian military leadership is finally beginning to slowly accept its losses in its unprovoked attack on Pakistan that it called "Operation Sindoor". It began with the May 31 Bloomberg interview of the Indian Chief of Defense Staff General Anil Chauhan in Singapore where he admitted losing Indian fighter aircraft to Pakistan in an aerial battle on May 7, 2025. General Chauhan further revealed that the Indian Air Force was grounded for two days after this loss. …
ContinueAdded by Riaz Haq on July 5, 2025 at 10:30am — 27 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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