November 2007 Blog Posts (1)

Corruption in Pakistan: Is Siemens Guilty?

As I saw the reports this week out of Munich about Siemens pleading guilty to bribing politicians and officials in Nigeria, Russia and Libya, it reminded me that Siemens is a large player in Pakistan. Has any one looked into Siemens engaging in similar corrupt practices in Pakistan?

And, how about the behavior of other American and European companies operating in Pakistan? There are definitely laws on the books in the West such as the Foreign Corrupt Practices Act (FCPA) in the…

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Added by Riaz Haq on November 19, 2007 at 12:28pm — 6 Comments

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    Blog Posts

    EU-India Trade Deal: "Uncapped" Mass Migration of Indians?

    The European Union (EU) and India have recently agreed to a trade deal which includes an MOU to allow “an uncapped mobility for Indian students”, according to officials, allowing Indians greater ease to travel, study and work across EU states. India's largest and most valuable export to the world is its people who last year sent $135 billion in remittances to their home country. Going by the numbers, the Indian economy is a tiny fraction of the European Union economy. Indians make up 17.8%…

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    Posted by Riaz Haq on January 28, 2026 at 11:00am

    Independent Economists Expose Modi's Fake GDP

    Ruling politicians in New Delhi continue to hype their country's economic growth even as the Indian currency hits new lows against the US dollar, corporate profits fall, electrical power demand slows, domestic savings and investment rates decline and foreign capital flees Indian markets. The International Monetary Fund (IMF) has questioned India's GDP and independent economists…

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    Posted by Riaz Haq on January 25, 2026 at 4:30pm — 3 Comments

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