The Global Social Network
Islamabad is establishing the Pakistan Crypto Council (PCC) to look into regulating and legalizing the use of cryptocurrencies, according to media reports. Cryptocurrency refers to digital currencies that can be used to make purchases or investments using encryption algorithms. US President Donald Trump's endorsement of cryptocurrencies and creation of a "bitcoin reserve" has boosted investors’…
ContinueAdded by Riaz Haq on March 28, 2025 at 8:30pm — 14 Comments
Growing access to smartphones and Internet connectivity is transforming the lives of women in rural Pakistan. They are acquiring knowledge, accessing healthcare and finding economic opportunities. A recent UNDP report titled "DigitAll: What happens when women of Pakistan get access to digital and tech…
ContinueAdded by Riaz Haq on April 23, 2023 at 8:00am — 26 Comments
Pakistani-American banker Yawar Shah is the Chairman of the SWIFT Board of Directors. SWIFT stands for The Society For Inter-Bank Financial Telecommunications. SWIFT has been in the news recently for cutting off Russian banks to punish Russia's invasion of Ukraine. Russia is now disconnected from the global financial system used to settle the vast majority of payments in international…
ContinueAdded by Riaz Haq on March 1, 2022 at 9:30am — 22 Comments
Pakistani-American Saira Malik has been named chief investment officer of Nuveen which manages US$1.2 trillion in equities, fixed income, real estate, private markets, natural resources, other alternatives and responsible investments, according to US media reports. She will maintain her portfolio management and leadership responsibilities for Nuveen’s US$450 billion global equity…
ContinueAdded by Riaz Haq on February 15, 2022 at 2:30pm — 6 Comments
Citizen journalists armed with ubiquitous smartphones and access to social media platforms have challenged the western media reporting of the latest Israeli brutal assault on Gaza. While the established western media outfits have stuck to "Israel's right to defend itself" narrative, this new breed of young journalists has posted unfiltered images and videos of the Israeli war crimes against…
ContinueAdded by Riaz Haq on May 21, 2021 at 12:00pm — 16 Comments
Added by Zaheer Swati on June 13, 2019 at 2:55am — 1 Comment
Pakistan's banks are showing strong performance with significant growth in deposits, assets and private sector credit. All areas of banking, including commercial, mobile and Islamic banking, are contributing to it.…
Added by Riaz Haq on November 16, 2016 at 11:00am — 13 Comments
When people in need of money go to unscrupulous and unregulated moneylenders, they usually get trapped in mounting debts at exorbitant interest rates. In developing nations like India and Pakistan, many end up losing their basic freedom and human dignity when they are forced to work as bonded laborers. How can this situation be changed?
The first obvious answer is to enforce laws and rules against the use of bonded labor. The second, often ignored, answer is to enable people…
ContinueAdded by Riaz Haq on December 25, 2015 at 5:30pm — 21 Comments
A new study shows that China is now India's top trading partner, edging out the United Arab Emirates—India’s previous top trading partner—and is comfortably ahead of the US and Saudi Arabia. India-China annual trade volume now adds up to about $70 billion, and India is running a massive $40 billion trade deficit with China. China exports high-value, high-tech machines to India while…
ContinueAdded by Riaz Haq on September 19, 2014 at 10:30pm — 6 Comments
Pakistani-American Prof. Asim Khwaja and his doctoral student Bailey Klinger at Harvard’s Kennedy School of Government observed that banks have money to lend, but even profitable small businesses in developing nations often cannot access it, choking growth.…
Added by Riaz Haq on March 25, 2009 at 11:30am — 17 Comments
Added by Riaz Haq on March 14, 2009 at 8:58pm — 41 Comments
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South Asia Investor Review
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There are ten Pakistani immigrants included among founders or co-founders of unicorns in America, according to a recent study by the National Foundation for American Policy (NFAP). A unicorn is a startup with a valuation of at least one billion U.S. dollars. Immigrant entrepreneurs of US unicorns are diverse, hailing from 76 different countries. India, with 96 companies, is the leading country of origin for the immigrant founders of U.S. billion-dollar companies. Immigrants…
ContinuePosted by Riaz Haq on June 8, 2026 at 6:00pm
"Indians live like cockroaches and die like cockroaches", argued Jayant Bhandari in an X post in April this year. "They vote for bottom of the barrel cockroaches as rulers, who rightly treat them as cockroaches", he added, faulting the people of India for this state of affairs. More recently, Indian Supreme Court Chief Justice Surya Kant said during a hearing that certain unemployed youth were "like cockroaches" who enter professions with fake degrees or become social media…
ContinuePosted by Riaz Haq on June 2, 2026 at 1:30pm — 5 Comments
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