The Global Social Network
Pakistan's digital gig economy has surged 69% during the COVID19 pandemic, putting the country among the world's top 4 hottest online freelancer markets, reports Payoneer, a global payments platform company based in Silicon Valley, in its latest report. Payoneer attributes it to government…
ContinueAdded by Riaz Haq on September 28, 2020 at 5:00pm — 10 Comments
Until 2010, Bangladesh was a laggard in South Asia region. Its per capita income was about half of Pakistan's. Now Bangladesh has surpassed Pakistan as the Pakistani economy has suffered significant slow-down from the previous decade. In fact, the Pakistan economy grew at the slowest rate in South Asia as reflected in per capita incomes. While Pakistan's per capita income more than doubled from $500 to $1,000 in the ten years 2000 to 2010, the growth has slowed to less than 30% from 2010 to…
ContinueAdded by Riaz Haq on September 27, 2020 at 11:00am — 9 Comments
The latest leaks of US FinCEN (Financial Crime Enforcement Network) files show that the United Kingdom (UK) is the biggest global center for money laundering. An earlier report issued by the British Crime Agency put Pakistan among the world's top sources of money laundering in the United Kingdom. The latest FinCEN leaks represent just the tip of an iceberg. The leaked 2,100 FinCEN files covering $2…
ContinueAdded by Riaz Haq on September 26, 2020 at 11:30am — 4 Comments
"One hard truth that Indians have to contend with is that America has also had difficulty treating India with respect", writes former Singaporean diplomat Kishore Mahbubani in his latest book "Has China Won?". "If America wants to develop a close long-term relationship with India over the long run, it needs to confront the deep roots of its relative lack of respect for India", adds Ambassador…
ContinueAdded by Riaz Haq on September 21, 2020 at 7:30pm — 29 Comments
With coronavirus spread contained, Pakistan economy is rebounding with V-shaped economic recovery. Pakistanis have once again defied all foreign and domestic doomsayers, including media, activists and think tanks of all varieties. The nation's monthly Quantum Index of Manufacturing (QIM) for July 2020 has returned to where it was a year ago in July 2019, according to data…
ContinueAdded by Riaz Haq on September 17, 2020 at 7:00pm — 22 Comments
Pakistan's economy has grown at a compounded annual growth rate (CAGR) of about 5% since the 1960s. While Pakistan's average 5% annual economic growth rate is faster than the global average, it falls significantly short of its peer group in Asia. The key reason is that,…
ContinueAdded by Riaz Haq on September 12, 2020 at 10:30pm — 26 Comments
As the South Asian nation of 220 million celebrates Defense of Pakistan Day, it is a good time to ask: Has Pakistan lost all wars to India? Indian defense analyst Pravin Sawhney says NO! In fact, Sawhney argues that Pakistan has never lost to India. Not in 1965, nor in 1971 nor Kargil!! Who is Pravin Sawhney? What makes him an authority on such matters?…
Added by Riaz Haq on September 4, 2020 at 9:30pm — 14 Comments
Pakistani reporter Ahmad …
ContinueAdded by Riaz Haq on September 1, 2020 at 5:30pm — 6 Comments
India is set to receive nearly $500 million in emergency aid from Japan to cope with rising covid19 cases and worsening economy, according to Hindustan Times. This is the largest amount of financial assistance announced by any country so far to support India’s response to the Covid-19 crisis, which has had widespread impacts on the…
ContinueAdded by Riaz Haq on August 31, 2020 at 6:30pm — 14 Comments
Continueالطُّهُورُ شَطْرُ الإِيمَانِ” – “Cleanliness is half the faith [Sahih Muslim Hadith]
India is setting new global records in daily COVID19 cases while neighboring Pakistan has seen an…
Added by Riaz Haq on August 30, 2020 at 1:00pm — 17 Comments
Pakistani reporter …
ContinueAdded by Riaz Haq on August 28, 2020 at 10:30pm — 10 Comments
A global survey conducted by Payoneer, a global payments platform company based in Silicon Valley, shows that Pakistani women freelancers are earning $22 an hour, 10% more than the $20 an hour earned by men. While Pakistani male freelancers earnings are at par with global average, Pakistani female earnings are higher than the global average for freelancers. Digital gig economy is not only…
ContinueAdded by Riaz Haq on August 23, 2020 at 9:00am — 12 Comments
CNN GPS host Fareed Zakaria is known to be among the loudest cheerleaders for India and a sharp critic of Pakistan. While he still refuses to say anything that could even remotely be considered positive about Pakistan, it seems that he is souring on his native India.…
Added by Riaz Haq on August 22, 2020 at 9:00am — 27 Comments
Interviewing Bill Gates on global fight against COVID19, CNN GPS host Fareed Zakaria said on Sunday August 9 that Pakistan "has done almost nothing as far as I can tell, you know, infections are not going crazy, death rates are not going crazy, there may be some underreporting". Needless to say, Zakaria's claim is debunked by "Government Response Stringency Index" and Google Mobility Reports…
ContinueAdded by Riaz Haq on August 12, 2020 at 9:30pm — 16 Comments
Added by Riaz Haq on August 10, 2020 at 8:00pm — 25 Comments
A recent New York Times piece titled "Poor and Desperate, Pakistani Hindus Accept Islam to Get By" talks of "Pakistan’s dwindling Hindu minority". An earlier New York Times story in December 2019 mentioned "the pressure for (Pakistani) Hindus to weigh moving to India". The paper also reported that "the Indian government granted 12,732 long-term visas, compared with 4,712 in 2017, and 2,298 in 2016".…
ContinueAdded by Riaz Haq on August 6, 2020 at 5:30pm — 13 Comments
Is US-China technology war heating with Huawei ban? Is it part of the larger geopolitical landscape pitting the US as the established superpower against China as the new rising power? Is the fight over Huawei 5G merely a symptom of it? How will it affect global…
ContinueAdded by Riaz Haq on August 4, 2020 at 7:35am — 48 Comments
In a new book titled "RAW: A History of India’s Covert Operations", Indian investigative journalist Yatish Yadav has essentially confirmed some of what India's neighbors have suspected for a long time. Yadav has added to the revelations contained in a earlier book titled "Mission R&AW" written by ex Indian spy RK Yadav.…
ContinueAdded by Riaz Haq on August 3, 2020 at 4:30pm — 4 Comments
Pakistani power sector is continuing its march toward cheap indigenous sources of electricity. Hydropower component has increased 22%, coal 57% and nuclear 8% while oil is down 54% and natural gas and LNG are down 32% and 15% respectively, according to Bloomberg. These…
ContinueAdded by Riaz Haq on August 1, 2020 at 1:00pm — 18 Comments
Pakistan has seen a rapid decline in its COVID19 test positivity rates over the last several weeks. The country has seen a fall in positivity rate from over 22% in June to below 10% now, and excluding Sindh, near 5% for the rest of the country. Neighboring India has positivity rate at 12.1% and rising. There has been significant decline in hospitalizations and fewer patients in critical…
ContinueAdded by Riaz Haq on July 25, 2020 at 12:30pm — 10 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 — 2 Comments
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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