The Global Social Network
A 2012 study of 22 nations conducted by Prof Miles Corak for the Organization for Economic Cooperation and
Development (OECD) has found income
heritability to be greater in the United States, the United Kingdom, Italy, China and 5 other countries than in Pakistan.
The study's findings, presented by the author in testimony to the US Senate Finance Committee on July 6, 2012, rely on the…
Added by Riaz Haq on November 25, 2012 at 11:00pm — 13 Comments
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Even with the run-up (in KSE-100), Andrew Brudenell, manager of the HSBC Frontier
Markets fund (HSFAX) in London, says Pakistan is one of the cheapest
markets he follows, at about seven times earnings. He notes that
earnings growth has kept pace with the market. The firms, he adds, are
typically cash-rich, boast strong return on…
Added by Riaz Haq on November 18, 2012 at 9:30pm — 35 Comments
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The 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. …
ContinuePosted by Riaz Haq on July 5, 2025 at 10:30am
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.…
ContinuePosted by Riaz Haq on June 27, 2025 at 8:30pm — 5 Comments
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