All Blog Posts Tagged 'Crisis' (12)

ABP India Summit 2023: Javed Akhtar Saw "No Visible Poverty" in Lahore, Pakistan

Famous Indian writer and poet Javed Akhtar told his audience at a conference in Mumbai that he saw "no visible poverty" in Lahore during his multiple visits to Pakistan over the last three decades. Responding to Indian novelist Chetan Bhagat's query about Pakistan's economic crisis at ABP's "Ideas of India Summit 2023" in Mumbai, Akhtar said: "Unlike what you see in Delhi and Mumbai, I did not see…

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Added by Riaz Haq on February 28, 2023 at 9:00pm — 12 Comments

Pakistanis Remain Hopeful Amid Crises: 69% Think Their Children Will Do Better

Pakistan is in the middle of multiple serious crises. But the vast majority of Pakistanis feel that they have better lives than their parents did, and they think their children will have even better lives than theirs, according to a Gallup International Poll of 64 countries conducted from August to October last year. The poll asked two questions: 1) Do you feel your life is better, worse or roughly similar to that  of your parents? and 2) Do you think your children will have a better, worse…

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Added by Riaz Haq on February 1, 2023 at 1:30pm — 9 Comments

Pakistan Is Not Collapsing!

Pakistan is currently facing major economic and political crises. These are partly of its own making but mostly the result of external shocks in terms of commodity prices that have exacerbated the nation's balance of payments.  The Pakistani military's unnecessary meddling in politics and resulting political instability have not helped either. The unprecedented floods in the country have further…

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Added by Riaz Haq on January 23, 2023 at 4:30pm — 42 Comments

India in Crisis: Unemployment and Hunger Persist After Waves of COVID

India lost 6.8 million salaried jobs and 3.5 million entrepreneurs in November alone. Many among the unemployed can no longer afford to buy food, causing a significant spike in hunger. The country's economy is finding it hard to recover from COVID waves and lockdowns, according to data from multiple sources. At the same time, the Indian government has reported an 8.4% jump…

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Added by Riaz Haq on December 15, 2021 at 7:00pm — 179 Comments

Opioid Crisis: Indian-American Pharma CEO Jailed

Dr. John Nath Kapoor, Indian-American CEO of Insys Therapeutics, has been found guilty of conspiring to recklessly and illegally boost profits from the opioid painkiller Subsys, a fentanyl spray designed to be absorbed under the tongue, according to multiple media reports.…

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Added by Riaz Haq on June 23, 2020 at 5:07pm — 8 Comments

Survey Finds Overwhelming Majority in Pakistan Satisfied With Imran Khan's Handling of Coronavirus Crisis

An overwhelming 81% majority of Pakistanis are satisfied with Federal Government performance in responding to coronavirus pandemic, way up from 61% who expressed satisfaction in March, according to a recent Gallup Pakistan survey. These numbers reflect Pakistan's much flatter disease curve compared with most other nations, including highly developed ones, that have seen a rapid rise in Covid-19 cases and…

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Added by Riaz Haq on May 6, 2020 at 8:00pm — 22 Comments

Turning Trash Into Electricity Kills Two Birds With One Stone

Among other things during a visit to Pakistan last year, the frequent power outages, commonly called "load shedding", and piles of garbage in the streets made a distinct impression on my family and I. Since our return to the United States, I have been wondering if it is possible to solve both problems at once? Clean up the streets by collecting garbage, and burn the collected trash to generate more electricity? It… Continue

Added by Riaz Haq on April 14, 2010 at 11:18am — 2 Comments

Gas and Electricity Shortages Hurting Pakistan

Hagler Bailly, a global management consulting firm with an office in Islamabad, warned in a 2006 study that Pakistan is going to witness gas shortage starting in 2007, and the imbalance will grow every year to cripple the economy by 2025, when shortage will be 11,092 MMCFD (Million standard cubic feet per day) against total 13,259 MMCFD production. The Hagler Bailly… Continue

Added by Riaz Haq on January 13, 2010 at 9:57pm — 24 Comments

Renewable Energy to Tackle Pakistan's Electricity Crisis

In June 2007, the power cuts in Pakistan lasted no more than 3 or 4 hours a day. Today, in extremely hot weather, Pakistanis have to endure without electricity for 8 to 10 hours a day. Industrial production is suffering, exports are down, jobs are being lost, and the national economy is in a downward spiral. By all indications, the power crisis in Pakistan is getting worse than ever.…



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Added by Riaz Haq on September 17, 2008 at 9:00am — 32 Comments

Food Crisis: Opportunity For Entrepreneurs

As the world food crisis becomes acute, entrepreneurs see opportunities to tackle it and make big money. Such efforts could give a much-needed boost to feed the growing population of the world. For years, big agribusiness companies have used new seed and fertilizer varieties to push yields higher. But as technology gains have slowed, the search for additional arable land has intensified. That's created an opening for entrepreneurs with visions of re-collectivizing the land in former communist… Continue

Added by Riaz Haq on May 14, 2008 at 11:30am — 1 Comment

Food Price Inflation Hits Silicon Valley

Food Price Hikes Hit Silicon Valley

By Riaz Haq

www.riazhaq.com



The prices of rice, chappati, besan, daals, spices and almost all staples consumed by silicon valley South Asians have experienced triple digit price inflation during the last year. After reading about food price inflation and shortages of staple foods in their home countries, Pakistanis and Indians are now feeling the pinch in Silicon Valley as Basmati rice is in very short supply even with a 300% price jump.… Continue

Added by Riaz Haq on April 26, 2008 at 10:03pm — No Comments

Gillani Addressing Wheat, Energy Crises

With global commodity prices and inflation hitting new highs, Pakistan and other emerging economies are faced with serious challenges. The rising inflation of staples such as wheat has already claimed Pakistan's former ruling coalition as a victim. Many other developing countries' governments are likely to fall as well unless these challenges are addressed effectively.



Knowing the importance of wheat for Pakistanis, the government of Prime Minister Syed Yousaf Raza Gillani has begun… Continue

Added by Riaz Haq on March 31, 2008 at 11:10am — No Comments

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    Blog Posts

    Biden's Gaza Ceasefire Veto Defies American Public Opinion

    Aaron Bushnell, an active serviceman in the United States Air Force, burned himself to death in front of the Israeli Embassy in protest against the US policy in Gaza. Before setting himself on fire in what he called an "extreme act of protest", he said he would "no longer be complicit in genocide". Polls show that the vast majority (63%) of Americans want an immediate end to the carnage being perpetrated by Israel in Gaza.  …

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    Posted by Riaz Haq on February 27, 2024 at 5:30pm

    Pakistan Elections: Imran Khan's Supporters Skillfully Used Tech to Defy Powerful Military

    Independent candidates backed by the Pakistan Tehreek e Insaf (PTI) party emerged as the largest single block with 93 seats in the nation's parliament in the general elections held on February 8, 2024.  This feat was accomplished in spite of huge obstacles thrown in front of the PTI's top leader Imran Khan and his party leaders and supporters by Pakistan's powerful military…

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    Posted by Riaz Haq on February 16, 2024 at 9:22pm — 1 Comment

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