Riaz Haq's Blog (1,541)

Solar Power Boom in Pakistan

Falling solar panel prices and soaring rates for grid electricity are driving a renewable power boom in Pakistan. A second factor spurring the growth in clean energy installations is the requirement of major western apparel brands for garments and textile manufacturers to switch to clean energy. As a result, the solar panel imports in the country jumped from 2,800 MW in 2022 to 5,000 MW in 2023, in…

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Added by Riaz Haq on July 10, 2024 at 12:30pm — 2 Comments

Pakistani Stock Market is the World's Best Performing Market in 2024

Pakistan's KSE-100 shares index topped 80,000 points on Wednesday as stocks climbed more than 600 points, making it the world's best performing stock market. The benchmark KSE-100 index has posted an annual return of 89% during FY24 (July 2023-June 2024) in PKR terms while in US dollar terms, the return was 94%, as the Pakistani rupee appreciated against the US dollar, according to …

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Added by Riaz Haq on July 4, 2024 at 6:00pm — 2 Comments

Growing Pakistani Diaspora in North America

The US government granted 16,320 immigrant visas to Pakistani nationals. Another 11,861 immigrant visas were given to Pakistanis by the Canadian government in the same period.  The total number of new Pakistani immigrants admitted as permanent residents in…

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Added by Riaz Haq on June 27, 2024 at 9:00am — 3 Comments

Are Some Pakistanis Feeding into Indian Delusions of Grandeur?

Many Pakistanis are singing effusive praises of India on social media platforms and racking up millions of views, according to a report in the Indian  mainstream media. These Pakistanis are boosting their earnings by feeding into the Indians' delusions. The "India Today" report claims that, in the last 6…

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Added by Riaz Haq on June 20, 2024 at 9:00am — 13 Comments

Agriculture: A Rare Bright Spot in Pakistan's Economy

Pakistan's agriculture sector grew 6.3% in 2023-24, far outpacing the overall economy that grew just 2.38%, according to the Economic Survey of Pakistan 2023-24.  This is good news for about 40% of the country's population working in the agriculture sector. By contrast, India's agriculture growth slowed to …

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Added by Riaz Haq on June 13, 2024 at 9:30am — 13 Comments

Reko Diq: Value of Pakistan's Copper Deposits Soars Amid Surging Demand

The value of copper assets has surged 31.7% in the last six months, significantly surpassing the rise in tech stocks (20.2%) and gold (20%) in the same period. Growing demand for copper is mainly driven by increasing adoption of green technologies such as electric vehicles and growth in AI (artificial intelligence) data centers using the latest Nvidia chips. At current prices, the…

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Added by Riaz Haq on May 28, 2024 at 12:00pm — 2 Comments

Global Baby Bust: Pakistan is A Rare Bright Spot Among Most Populous Nations in Asia

There is an alarming rapid decline in fertility rates in both developed and developing nations, according to the United Nations.  Here is how the Wall Street Journal describes it: "The world is at a startling demographic milestone. Sometime soon, the global fertility rate will drop below the point needed to keep the population constant. It may have already happened". …

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Added by Riaz Haq on May 14, 2024 at 9:30am — No Comments

India's Modi Brags About Ordering Transnational Assassinations

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…

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Added by Riaz Haq on May 3, 2024 at 5:09pm — 6 Comments

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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Added by Riaz Haq on April 26, 2024 at 7:09pm — 1 Comment

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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Added by Riaz Haq on April 1, 2024 at 5:00pm — 2 Comments

Agriculture, Caste, Religion and Happiness in South Asia

Pakistan's agriculture sector GDP grew at a rate of 5.2% in the October-December 2023 quarter, according to the government figures. This is a rare bright spot in the overall national economy that showed just 1% growth during the quarter. Strong performance of the farm sector gives the much needed boost for about …

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Added by Riaz Haq on March 29, 2024 at 8:00pm — 9 Comments

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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Added by Riaz Haq on February 27, 2024 at 5:30pm — 11 Comments

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

Soaring Illegal Immigration of Indians into the United States

Illegal immigration from India to the United States is soaring. A record 96,917 Indians were detained while attempting to enter the US illegally from October 2022 to September 2023, representing a 50% jump from the corresponding period in the prior year. Vast majority of the arrested Indians came from Prime Minister Modi's state of Gujarat while others came from the state of Punjab. There are about 725,000 undocumented Indian immigrants in the US – the third-largest population of illegal…

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Added by Riaz Haq on February 2, 2024 at 5:00pm — 3 Comments

Indian Muslims: The Poorest Group in Modi's Hindu Rashtra

Muslims are the poorest group in India. They will most likely face further marginalization after the recent inauguration of the Ram Temple built on the ruins of the historic Babri Masjid in Ayodhya. The medieval mosque was demolished by right-wing Hindu groups in 1992. While consolidating the power of the upper caste Hindus in India, the newly built Ram Temple, inaugurated by Indian…

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Added by Riaz Haq on January 26, 2024 at 4:30pm — 5 Comments

Iran Chooses to Quickly De-escalates After Pakistan Hits Back Hard

Pakistan swiftly retaliated with "killer drones, rockets, loitering munitions and stand-off weapons" to an Iranian military provocation in Balochistan province this week, according to multiple media reports. Pakistanis felt it was necessary to hit back hard to send a loud and clear message to the Iranians to respect Pakistan's national sovereignty. Within hours of the strong Pakistani military response, the foreign ministers of the two neighbors agreed to de-escalate tensions in a phone…

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Added by Riaz Haq on January 19, 2024 at 9:30pm — 1 Comment

Pakistan to Set New Record For Rice Exports in 2023-24

The United States Department of Agriculture is forecasting that Pakistan's rice exports will set a new record of 5 million metric tons in 2023-24.  This is nearly 30% more than the 3.9 million tons Pakistan exported last year. It is being attributed to a bumper rice crop in the country and strong global demand after India imposed restrictions on its exports. A large exportable surplus has helped Pakistani exporters to offer competitive prices in the international market, but prices are…

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Added by Riaz Haq on January 13, 2024 at 8:30pm — 3 Comments

India's Malign Influence in Bangladesh

Shaikh Hasina has won a 5th term in yet another sham election which saw a mere 40% voter turnout. Bangladesh Nationalist Party (BNP), the main opposition party, boycotted the election. Months leading up to the elections saw protests in the country suffering from economic slowdown, human rights violations and a crackdown on the opposition parties. Her longevity in office is…

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Added by Riaz Haq on January 8, 2024 at 4:25pm — No Comments

The Great Indian Brain Drain Accelerates

India is losing its best and brightest to the West, particularly to the United States, at an increasingly rapid pace. A 2023 study of the 1,000 top scorers in the 2010 entrance exams to the Indian Institutes of Technology (IIT) — a network of prestigious institutions of higher learning based in 23 Indian cities — revealed the scale of the problem. Around 36% migrated abroad, and of the top 100 scorers, 62% left the country, according to a report in the science journal …

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Added by Riaz Haq on December 31, 2023 at 3:30pm — No Comments

Bibi to Biden: "You Carpet Bombed Germany. You Dropped the Atom Bomb. A Lot of Civilians Died"

At a recent Democratic fundraiser organized by the Israel lobby in the United States, President Joseph R. Biden shared some details of the conversations he has had with Israeli Prime Minister Benjamin "Bibi" Netanyahu about protecting civilians in Gaza. Justifying Israel's genocidal war on Gaza, Netanyahu told Biden: “You carpet-bombed Germany. You dropped the atom bomb. A lot of…

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Added by Riaz Haq on December 21, 2023 at 7:00pm — 2 Comments

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    Blog Posts

    Solar Power Boom in Pakistan

    Falling solar panel prices and soaring rates for grid electricity are driving a renewable power boom in Pakistan. A second factor spurring the growth in clean energy installations is the requirement of major western apparel brands for garments and textile manufacturers to switch to clean energy. As a result, the solar panel imports in the country jumped from 2,800 MW in 2022 to 5,000 MW in 2023, in…

    Continue

    Posted by Riaz Haq on July 10, 2024 at 12:30pm — 2 Comments

    Pakistani Stock Market is the World's Best Performing Market in 2024

    Pakistan's KSE-100 shares index topped 80,000 points on Wednesday as stocks climbed more than 600 points, making it the world's best performing stock market. The benchmark KSE-100 index has posted an annual return of 89% during FY24 (July 2023-June 2024) in PKR terms while in US dollar terms, the return was 94%, as the Pakistani rupee appreciated against the US dollar, according to …

    Continue

    Posted by Riaz Haq on July 4, 2024 at 6:00pm — 2 Comments

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