Riaz Haq's Blog – September 2024 Archive (4)

Investors Celebrate Pakistan's Continuing Economic Recovery

Pakistan's benchmark KSE-100 index hit an all-time high after the announcement of the $7 billion IMF bailout deal today. Economic indicators such as inflation, exports and remittances are also showing significant improvement as well. Speaking to reporters after the IMF deal,  the Fund Managing Director  Kristalina Georgieva acknowledged progress made by Pakistan. She said  "The economy is on the sound path. Growth is up and inflation is down". The …

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Added by Riaz Haq on September 26, 2024 at 5:00pm — 43 Comments

Powerful Hindutva Lobby Flexes its Muscle in California

Last year, California lawmakers voted 31-5 to approve the first state-wide bill (SB 403) explicitly banning caste discrimination. The bill, enjoying broad support among California voters, was sponsored by Senator Aisha Wahab.  It was vetoed by Governor Gavin Newsom under pressure from wealthy political donors belonging to the Hindutva lobby.  …

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Added by Riaz Haq on September 20, 2024 at 8:30pm — 14 Comments

ITU Cybersecurity Index 2024: Pakistan Ranked Among Top Tier Countries

International Telecommunications Union (ITU) has ranked Pakistan (score 96.69/100) among top tier countries for cybersecurity in 2024.  Out of a maximum score of 20, Pakistan received 20 for legal measures, 18.21 for technical measures, 20 for organization measures, 20 for capacity development and 18.48 for cooperative measures, according to the Global Cybersecurity Index 2024…

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Added by Riaz Haq on September 14, 2024 at 8:30pm — 2 Comments

Shifting Monsoon Pattern: Is Arid Pakistan Turning Wet?

Semi-arid Pakistan, with its farmlands predominantly irrigated by the world's largest contiguous canal system, has experienced an increasing amount of annual rains and floods for several years. Even the desert regions of the country, like the vast Thar desert straddling India-Pakistan border, have recently…

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Added by Riaz Haq on September 6, 2024 at 5:30pm — 1 Comment

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    Blog Posts

    Modi's AI Spectacle: Chaos and Deception in New Delhi

    The India AI Impact Summit 2026, held at Bharat Mandapam in New Delhi, has been marred by chaos, confusion and deception. The events on the ground have produced unintended media headlines for India's Prime Minister Narendra Modi who wants to be seen as the "vishwaguru" (teacher of the world) in the field of artificial intelligence as well. First, there was massive chaos on the opening day, with long…

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    Posted by Riaz Haq on February 19, 2026 at 12:00pm — 13 Comments

    India-Pakistan Cricket Match: The Biggest Single Event in the World of Sports

    Why did Pakistan's decision to boycott the India-Pakistan match in solidarity with Bangladesh in this year's T20 World Cup send shockwaves around the world? And why did it trigger the International Cricket Council's and other cricket boards' urgent efforts to persuade Pakistan to return to the match? The reason has a lot to do with its massive financial impact, estimated to be as much as …

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    Posted by Riaz Haq on February 11, 2026 at 4:00pm — 2 Comments

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