The Global Social Network
India's foreign exchange reserves are falling rapidly as foreign investors flee and the country's trade and current account deficits widen. More than $267 billion worth of India's external debt of the total $621 billion is due for repayment in the next nine months. This repayment is equivalent to about 44% of India's foreign exchange reserves. This combination of investors'…
ContinueAdded by Riaz Haq on July 10, 2022 at 4:30pm — 29 Comments
India, a western ally, is openly buying Russian coal, oil and weapons worth tens of billions of dollars at deep discounts. These actions amount to busting western sanctions and financing President Vladimir Putin's war on Ukraine. Many smaller developing countries, including Bangladesh and Pakistan, are abiding by these sanctions and suffering from the consequences in terms of high prices of fuel and food. Why these double standards? Do these policy contractions serve the broader US interests…
ContinueAdded by Riaz Haq on June 26, 2022 at 1:00pm — 50 Comments
Female labor force participation rate in India has recently fallen to just 19%, the second lowest after Afghanistan's 15% in the South Asia region. By contrast, Pakistan's women's labor force participation rate is 21%, Sri Lanka's 31% and Bangladesh's 35%. Prime Minister Narendra Modi's mishandling of the COVID19 pandemic has hit Indian women particularly hard, with 90% of…
ContinueAdded by Riaz Haq on June 12, 2022 at 7:00pm — 7 Comments
Last week, two official spokespersons of India's ruling BJP party insulted Prophet Muhammad (PBUH) on an Indian television channel known for promoting Islamophobia. Mohammad Zubair, an Indian Muslim journalist, tweeted a video clip of the TimesNow primetime show featuring BJP's official spokeswoman Nupur Sharma attacking the Prophet (SAW) revered by more than a billion Muslims around the world. As…
ContinueAdded by Riaz Haq on June 7, 2022 at 8:00am — 42 Comments
India is defying western sanctions to buy millions of barrels of discounted Russian crude oil, hiding their origin and exporting refined petroleum products with a big markup to make a huge profit. China has yet to increase its oil imports from Russia, according to news reports. Meanwhile, India's neighbors Bangladesh and Pakistan are abiding by western sanctions and paying much higher market prices to buy oil for their domestic needs, and hurting their people. Such double standards are…
ContinueAdded by Riaz Haq on June 1, 2022 at 9:00pm — 34 Comments
Pakistanis have invested $10.6 billion in Dubai real estate, ranking them as the third largest investors in the city on the Gulf. Indian investors lead Dubai real estate investments with $29.8 billion, followed by British investors' $14.7 billion investment. …
Added by Riaz Haq on May 20, 2022 at 5:30pm — 2 Comments
The World Health Organization estimates that India had 4.730 million COVID19-related deaths in 2020-21, nearly a third of 15 million global excess deaths attributed to the pandemic. India is followed by Russia with 1.073 million deaths and Indonesia with 1.03 million deaths. The United States with 933,795 deaths and Brazil with 681,219 deaths round out the top 5 countries that suffered the heaviest losses of life believed to be related to the pandemic. Mexico (625,923 deaths), Peru (289,654…
ContinueAdded by Riaz Haq on May 11, 2022 at 5:00pm — 9 Comments
India's Russian-equipped and trained military is watching with great concern Russia's losses in the Ukraine war. Moscow has lost 20,000 soldiers, nearly 500 main battle tanks and a large warship so far, according to media reports. Ukraine's use of Turkish drones, US-made anti-tank guided missiles (ATGMs) Javelins and Ukrainian anti-ship Neptune missiles has taken a heavy toll on the Russian Army and…
ContinueAdded by Riaz Haq on April 25, 2022 at 11:30am — 87 Comments
Akhil Bharatiya Pratinidhi Sabha (ABPS), the top decision-making body of India's RSS (Rashtriya Swayamsevak Sangh), says that “the young generation is suffering from unemployment and the pandemic has made things even grim... We cannot turn a blind eye to unemployment. It is a crisis and it needs to be addressed.” The RSS was apparently reacting to the falling labor participation rate in India relative to Pakistan and the global averages. The RSS leadership wants the government of Prime…
ContinueAdded by Riaz Haq on April 16, 2022 at 11:00am — 48 Comments
India's leaders and their western boosters have been promoting the country as an emerging superpower to counter rising China. They cite the size of India's economy, demography, military and consumer market to back up their assertions. These claims are challenged by India's former chief economic advisor Arvind Subramanian and Josh Felman, former head of IMF in India, in an article titled "India's Size Illusion". In a similar article titled "The Chinese Threat No One Is Talking About — And…
ContinueAdded by Riaz Haq on March 18, 2022 at 1:00pm — 23 Comments
India's March 9 "accidental firing" of Brahmos nuclear-capable supersonic cruise missile into Pakistan has raised serious questions about the safety of the Indian nuclear arsenal. Do the people in charge of India's nukes have basic competence to handle such weapons? Was this really an "unauthorized" or "accidental" firing? Why was there a long delay by New Delhi in acknowledging the incident? Could Pakistan be blamed if it assumed that extremist right-wing …
ContinueAdded by Riaz Haq on March 14, 2022 at 9:00am — 16 Comments
The United Arab Emirates, a grouping of seven Arab Muslim kingdoms, has now become the number one destination for education and employment of people from Hindu India, according to the government data from the two countries. …
Added by Riaz Haq on March 4, 2022 at 6:30pm — 15 Comments
Ukraine is under a massive Russian assault. Kiev is under siege. Russian President Vladimir Putin's main objective is to keep Ukraine permanently out of NATO, the western nations' military alliance. Putin says the West has broken its promise to not expand NATO after the end of the Cold War. Ukraine is complaining that the West has left Ukraine at the mercy of Russia's powerful military after it agreed to give up its nuclear weapons under firm security assurances contained in the Budapest…
ContinueAdded by Riaz Haq on February 26, 2022 at 8:30am — 65 Comments
Is the ban on hijab in colleges in the southern Indian state of Karnataka motivated by Islamophobia? Is it part of the ruling BJP party's campaign against 200 million Indian Muslims? Results of a Pew Survey help clarify the answer to these questions: Six in ten Indian women, including Hindu women, cover their heads. …
Added by Riaz Haq on February 19, 2022 at 8:00am — 20 Comments
"We are all with you Modiji and Yogiji", says an Indian American man who tweeted a video clip of a a recent car rally in Silicon Valley, California. Rally participants can be seen carrying pictures of Prime Minister Narendra Modi and Uttar Pradesh Chief Minister Yogi Adityanath. Some also carried BJP's lotus flags. Hindu Americans enjoy the freedom to practice their faith and culture in the United States while at the same time they support Hindutva fascist rule in their country of…
ContinueAdded by Riaz Haq on February 18, 2022 at 8:30am — 30 Comments
Salaries of Pakistanis hired for remote work by foreign employers are among the world's fastest rising, according to the "State of Global Hiring Report 2021" produced by San Francisco based Deel. The company provides employment and payroll services for companies hiring international employees and contractors online. Hiring for work from remote locations has taken off since the start of…
ContinueAdded by Riaz Haq on February 16, 2022 at 5:00pm — 5 Comments
The United States Centers for Disease Control (CDC) have recently assessed American travelers' risk of COVID19 infection in Pakistan being among the lowest in the world. The Economist magazine has ranked Pakistan second in the world for return to the normalcy of pre-pandemic life. These assessments stand in sharp contrast to Pakistan's low ranking for pandemic preparedness by the Global Health Index (GHI). GHS has also continued to rank India higher than its neighbors in spite of Prime…
ContinueAdded by Riaz Haq on February 14, 2022 at 11:12am — 3 Comments
The United Nations has declared February 10 as World Pulses Day to recognize the importance of pulses or daal as global food. This recognition is driven as part of the effort to feed the global population in an environmentally sustainable way. Pulse crops have a lower carbon footprint than most foods because they require a small amount of fertilizer to grow, according to the United Nations. Pulses are protein and fiber rich food grown with a low carbon and water footprint as they are adapted…
ContinueAdded by Riaz Haq on February 10, 2022 at 11:00am — 3 Comments
In a long investigative report titled "The Battle for the World’s Most Powerful Cyberweapon" published today, the New York Times has revealed that the Indian Prime Minister Narendra Modi bought the Pegasus spyware as part of a 2017 $2 billion deal he signed with then Israeli Prime Minister Benjamin Netanyahu. …
Added by Riaz Haq on January 28, 2022 at 8:00pm — 6 Comments
The Covid19 pandemic that started in late 2019 continued to ravage the world in 2021. Europe, India and the United States were among the most impacted by it. Pakistan was able to control it better than its large eastern neighbor but it, too, was hit by double digit global inflation. Pakistan's economic recovery began in earnest with higher GDP growth, record exports and remittances from the…
ContinueAdded by Riaz Haq on December 30, 2021 at 8:00am — 20 Comments
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In a campaign speech on May 1, Indian Prime Minister Narendra Modi bragged about his campaign of transnational assassinations of individuals he has labeled "terrorists". “Today, India doesn't send dossiers to the masters of terrorism, but gives them a dose and kills them on their home turf", he is reported to have said, according to a tweet posted by his BJP party. Last…
ContinuePosted by Riaz Haq on May 3, 2024 at 5:09pm
Samsung is seeing strong demand for its locally assembled Galaxy S24 smartphones and tablets in Pakistan, according to Bloomberg. The company said it is struggling to meet demand. Pakistan’s mobile phone industry produced 21 million handsets while its smartphone imports surged over 100% in the last fiscal year, according to …
ContinuePosted by Riaz Haq on April 26, 2024 at 7:09pm
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