The Global Social Network
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 …
ContinueAdded by Riaz Haq on September 26, 2024 at 5:00pm — 43 Comments
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. …
ContinueAdded by Riaz Haq on September 20, 2024 at 8:30pm — 14 Comments
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…
ContinueAdded by Riaz Haq on September 14, 2024 at 8:30pm — 2 Comments
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…
ContinueAdded by Riaz Haq on September 6, 2024 at 5:30pm — 1 Comment
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South Asia Investor Review
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Dr. Danish Saleheen, a Pakistani-American professor at Columbia University, and his fellow researchers have published a comprehensive analysis of 173,303 genomes from Pakistan, one of the largest genomic studies ever conducted in South Asia. This landmark work is upending how scientists understand human genetics and drug development. "South Asians have been severely underrepresented in genome studies—comprising just 2% of global genomic databases despite representing…
ContinueA 2024 joint study of the International Labor Organization and the Small and Medium Enterprise Development Authority (SMEDA) estimated Pakistan's undocumented economy at $457 billion. While other South Asian nations, particularly Bangladesh and India, do include estimated undocumented GDP figures in their official GDP, Pakistan's official GDP figures do not include such estimates. If the Pakistani government decides to include estimates of the informal economy in its official…
ContinuePosted by Riaz Haq on June 19, 2026 at 7:30am — 5 Comments
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