All Blog Posts Tagged 'Pakistan' (967)

Can Modi's India Be Trusted With Nukes?

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 …

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Added by Riaz Haq on March 14, 2022 at 9:00am — 16 Comments

Arab Muslim UAE Is Top Education and Employment Destination For Indians From Modi's Hindu Rashtra

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. …

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Added by Riaz Haq on March 4, 2022 at 6:30pm — 15 Comments

Ukraine Resists Russia Alone: A Tale Of The West's Broken Promises

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…

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Added by Riaz Haq on February 26, 2022 at 8:30am — 65 Comments

Ukraine's Lesson For Pakistan: Never Give Up Nuclear Weapons

Commenting on Ukraine, Russian analyst  Alexey Kupriyanov told Indian journalist Nirupama Subramanian: "For us, Ukraine is the same as Pakistan for India". What he failed to mention is that Pakistan has developed and retains its …

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Added by Riaz Haq on February 24, 2022 at 2:00pm — 20 Comments

Digital Transactions in Pakistan Soared 30% to $500 Billion in Fiscal Year 2020-21

Digital transactions in Pakistan soared 31.1% to Rs. 88 trillion or $500 Billion in fiscal year 2020-21, according to the nation's top central banker. “If the figure is $500 billion now, you can imagine the pace at which we are digitizing,” said Dr. Baqir Raza, Governor of the State Bank of Pakistan, adding that those transactions showed a year-on-year growth of 30.6% in volume and 31.1% in value. The nation's central bank also reported that the large-value payments segment, known as…

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Added by Riaz Haq on February 20, 2022 at 11:00am — 15 Comments

Salaries of International Remote Employees From Pakistan Jump 27%

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…

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Added by Riaz Haq on February 16, 2022 at 5:00pm — 5 Comments

COVID19: Has Pakistan Proved Experts Forecasts Wrong?

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…

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Added by Riaz Haq on February 14, 2022 at 11:12am — 3 Comments

World Pulses Day 2022: Pakistan's Daal Consumption in Sharp Decline

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…

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Added by Riaz Haq on February 10, 2022 at 11:00am — 3 Comments

NY Times: Modi Bought Israeli Pegasus Spyware as Part of $2 Billion Deal

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. …

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Added by Riaz Haq on January 28, 2022 at 8:00pm — 6 Comments

Pakistan Cut Public Debt in Half On Musharraf's Watch in 1999-2008

In 1999, President Pervez Musharraf inherited a massive debt of over 100% of GDP run up by the Pakistan Peoples Party and the Pakistan Muslim League (Nawaz) governments in 1990s. Musharraf's policies not only revived the bankrupt economy but also brought down debt to 52% of GDP by 2007. …

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Added by Riaz Haq on January 24, 2022 at 5:00pm — 1 Comment

Pakistan Nuclear Power Generation Soared 66% in 2021

Nuclear power plants in Pakistan generated 15,540 GWH of electricity in 2021, a jump of 66% over 2020. Overall, Pakistan's power plants produced 136,572 GWH of power, an increase of 10.6% over 2020, indicating robust economic recovery amid the COVID19 pandemic. …

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Added by Riaz Haq on January 21, 2022 at 8:30pm — 45 Comments

Pakistan Economy "Not in a Good Place"? Atif Mian's Gloom Justified?

Pakistani-American economist Atif Mian has recently analyzed Pakistan's economy in a series of tweets. He has said "Pakistan's economy is not in a good place", adding that the nation's "per capita income has not risen in 3 years (in fact down slightly)". He has particularly mentioned the country's "exaggerated external demand driven by its rentier economy", "flawed energy policy" and "a broken…

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Added by Riaz Haq on January 18, 2022 at 7:00pm — 41 Comments

Pakistan Pursuing Ambitious Program to Build Social Safety Net

Pakistan's PTI government has built South Asia’s first digital National Socio-Economic Registry (NSER) as a part of its ambitious effort to build a basic social safety net. The Ehsaas (also known as BISP- Benazir Income Support)) program's socio-economic registry includes household information by  geography, age, income, education, health, disability, employment, energy consumption, land and livestock holdings etc. …

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Added by Riaz Haq on January 14, 2022 at 9:00am — 18 Comments

Pakistan Gets First Woman Supreme Court Judge Despite Top Judges' Opposition

Judge Ayesha Malik has been confirmed as Pakistan's first woman Supreme Court judge in the face of strong opposition by the majority of sitting judges of the top court and Pakistan Bar Council. It was two  affirmative votes by the PTI government representatives that helped her win 5-4 confirmation in the Supreme Judicial Council (SJC). Only two of the five sitting Supreme Court judges who are members of the SJC supported her confirmation. …

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Added by Riaz Haq on January 9, 2022 at 11:00am — 5 Comments

Double Digit Rise in Energy Consumption Confirms Pakistan's Economic Recovery in 2021

Oil consumption in Pakistan jumped 19% to 20.8 million tons in 2021, a strong indication of the country's economic recovery from the COVID-impacted 2020. In addition to oil, Pakistanis also consumed nearly 4 billion cubic foot of natural gas every day. Energy is fundamental to the functioning of any economy. …

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Added by Riaz Haq on January 5, 2022 at 9:00pm — 19 Comments

Pakistan 2021 Year End Review: Highs, Lows and Issues

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…

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Added by Riaz Haq on December 30, 2021 at 8:00am — 20 Comments

India Is Among The World's Most Unequal Countries

India is one of the most unequal countries in the world, according to the World Inequality Report 2022. There is rising poverty and hunger. Nearly 230 million middle class Indians have slipped below the poverty line, constituting a 15 to 20% increase in poverty. India ranks 94th among 107 nations ranked by…

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Added by Riaz Haq on December 23, 2021 at 9:30pm — 29 Comments

Has Bangladesh Really Left India and Pakistan Behind in Per Capita Income?

Is Bangladesh's officially reported GDP figure credible? Do consumption figures support Bangladesh's claim of higher per capita income than India and Pakistan?  Is it the recent rebasing of GDP that boosted Bangladesh's per capita income above India's and Pakistan's? If Bangladesh has higher GDP per capita,…

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Added by Riaz Haq on December 19, 2021 at 5:00pm — 34 Comments

Naya Pakistan Sehat Card: A Giant Step Toward Universal Healthcare

Prime Minister Imran Khan launched Sehat Card in Punjab, Pakistan 's largest province, on International Universal Healthcare Day 2021. This is essentially a government-funded health insurance program run by insurance companies to cover up to one million rupees worth of care each year at government certified public and private clinics and hospitals.  It represents a major expansion of this program which was first introduced in Khyber-Pakhtunkhwa province.  It is now available to residents of…

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Added by Riaz Haq on December 14, 2021 at 11:00am — 9 Comments

Pakistan Forecast to Become World's 7th Largest Consumer Market By 2030

The World Economic Forum forecasts that Pakistan will rise to become the world's 7th largest consumer market by 2030. Nearly 60 million Pakistanis will join the consumer class (consumers spending more than $11 per day) to raise the country's consumer market rank from 15 to 7 in the next 10 years. WEF forecasts the world's top 10 consumer markets of 2030 to be as follows: China, India, the United States, Indonesia, Russia, Brazil, Pakistan, Japan, Egypt and Mexico.  Global investors chasing…

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Added by Riaz Haq on December 11, 2021 at 9:00am — 16 Comments

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    Blog Posts

    Pakistanis' Insatiable Appetite For Smartphones

    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 …

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    Posted by Riaz Haq on April 26, 2024 at 7:09pm

    Pakistani Student Enrollment in US Universities Hits All Time High

    Pakistani student enrollment in America's institutions of higher learning rose 16% last year, outpacing the record 12% growth in the number of international students hosted by the country. This puts Pakistan among eight sources in the top 20 countries with the largest increases in US enrollment. India saw the biggest increase at 35%, followed by Ghana 32%, Bangladesh and…

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    Posted by Riaz Haq on April 1, 2024 at 5:00pm

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