Riaz Haq's Blog (1,409)

International Tea Day: Pakistan is the World's Largest Tea Importer

Pakistan does not produce tea but it is the most popular beverage among Pakistanis.  The country is ranked as its largest importer in the world.  In 2020, Pakistan imported $646 million (9% of global tea imports) worth of tea and exported $15.2 million in branded blends of tea such as Tapal Tea. Pakistan tea imports grew 19.8% from 2019 to 2020. …

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Added by Riaz Haq on May 21, 2022 at 2:00pm — 1 Comment

Pakistanis Are Third Largest Foreign Investors in Dubai Real Estate

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. …

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Added by Riaz Haq on May 20, 2022 at 5:30pm — 1 Comment

Pakistan: The Only Country in Asia With Birthright Citizenship

Pakistan is the only country in Asia that recognizes citizenship as a birthright. Only one in four nations in the world grant citizenship to all those born within their borders, according to a review of the nationality laws reviewed by EUI Global Citizenship Observatory.  Instead of birthright citizenship, the majority of countries today have citizenship by blood, in which children inherit…

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Added by Riaz Haq on May 16, 2022 at 8:30am — No Comments

Karachi Girl Students Win Top Prize at International Science Competition Held in Atlanta, Georgia

Two Pakistani girl students from Karachi have won the first physical science award of $1,500 each at Regeneron International Science and Engineering Fair (ISEF 2022) held May 7 through 13 in Atlanta, Georgia, United States. Ume Kulsoom and Talia Kusloom, the winners from Pakistan, are 12th grade students at Pak-Turk School in Gulshan-e-Iqbal, Karachi. …

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Added by Riaz Haq on May 15, 2022 at 9:00am — No Comments

WHO: India's 4.7 Million Excess Deaths Account For Nearly One-Third of the Global COVID Death Toll

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…

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Added by Riaz Haq on May 11, 2022 at 5:00pm — 4 Comments

Olive Revolution: Pakistan Joins International Olive Council

Pakistan's Ten Billion Tree Tsunami project launched in 2014 by the PTI government has sparked a silent olive revolution in the country.  Pakistan, now the 19th member of the International Olive Council, is producing about 1,500 tons of olive oil per year and 830 tons of…

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Added by Riaz Haq on May 7, 2022 at 11:00am — 7 Comments

SBP Governor Dr. Reza Baqir's 3-Year Term Saw Expansion & Modernization of Financial Services in Pakistan

Pakistan's chief central banker Dr. Reza Baqir's 3-year term saw a broad expansion and modernization of the nation's financial services industry. The impact of Baqir's policies can be seen in multiple sectors including agriculture, housing, manufacturing, exports, financial digitization and record-high investments in technology startups. Supported by Dr. Baqir's accommodative monetary…

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Added by Riaz Haq on May 5, 2022 at 8:30am — 6 Comments

European Union: Fastest Growing Source of Remittances to Pakistan

Remittances from the European Union (EU) to Pakistan soared 49.7% in FY 21 and 28.3% in FY22, according to the State Bank of Pakistan. With $2.5 billion remittances in the first 9 months (July-March) of the current fiscal year, the EU ($2.5 billion) has now surpassed North America ($2.2 billion) to become the third largest source of inflows to Pakistan after the Middle East and the United Kingdom. Remittances from the US have grown 21%, second fastest after the EU (28.3%) in the first 9 …

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Added by Riaz Haq on May 1, 2022 at 11:30am — 8 Comments

Ukraine War: Time For India To Rethink its Military Doctrine Modeled On Russia's?

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…

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Added by Riaz Haq on April 25, 2022 at 11:30am — 20 Comments

World Bank: Pakistan Reduced Poverty and Grew Economy During COVID19 Pandemic

Pakistan poverty headcount, as measured at the lower-middle-income class line of US$3.20 PPP 2011 per day, declined from 37% in FY2020 to 34% in FY2021 in spite of the COVID19 pandemic, according to the World Bank's Pakistan Development Update 2022 released this month. The report said Pakistan's real GDP shrank by 1% in FY20, followed by 5.6% growth in FY21.  The report highlights high…

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Added by Riaz Haq on April 20, 2022 at 6:30pm — 29 Comments

Abandoned Baby Girl, Now 28, Eulogizes Bilquis Edhi (1947-2022)

Rabia Bano Osman, a baby girl abandoned by her parents 28 years ago in Karachi, has paid glowing tributes to Bilquis Edhi who died recently in Karachi, Pakistan. Rabia was found by Bilquis Edhi in one of several cradles (jhoolas) placed outside Edhi Foundation's office for parents to anonymously leave babies, mostly girls, they did not want or could not raise. She is now a…

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Added by Riaz Haq on April 18, 2022 at 8:00am — 1 Comment

Hindu Nationalist RSS Leadership Criticizes Jobless Growth in India

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…

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Added by Riaz Haq on April 16, 2022 at 11:00am — 27 Comments

The West's Technological Edge in Geopolitical Competition

The US and its allies enjoy a significant technological advantage over China and Russia.  The Chinese are working hard to catch up but the West is not standing still. It is making huge investments in research and development to maintain this edge as it becomes increasingly clear that the outcome of the ongoing international geopolitical competition will largely be determined by technology. …

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Added by Riaz Haq on April 13, 2022 at 7:53am — 25 Comments

Gallup Pakistan Poll: Over Two-thirds Support Imran Khan's Decision to Dissolve National Assembly

A snap poll conducted by Gallup Pakistan on April 3 and 4 shows broad support for Prime Minister Imran Khan's decision to seek dissolution of the National Assembly and call fresh elections.  Support for the decision is nationwide with 66% in Punjab, 69% in Sindh and 78% in KPK province. It is the strongest among those identifying themselves as PTI voters with 95% of them approving the…

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Added by Riaz Haq on April 6, 2022 at 5:30pm — 8 Comments

Does Pakistan Have Civil-Military Divide On US Ties?

Multiple media reports and analysts have suggested that there is civil-military divide in Pakistan on the question of relations with the United States. These reports cite General Bajwa's statement that "We share a long history of excellent and strategic relationship with the United States" and the fact that this statement came a day after the government of Prime…

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Added by Riaz Haq on April 4, 2022 at 9:56pm — 6 Comments

Pakistani-American Urdu Singer Arooj Aftab Wins Grammy For "Mohabbat"

Pakistani-American singer Arooj Aftab's rendition of “Mohabbat” won the prize for Best Global Music Performance at the 2022 Grammys. The Brooklyn based singer won the category ahead of Femi Kuti (“Pà Pá Pà”), Wizkid and Tems (“Essence”), Angélique Kidjo and Burna Boy (“Do Yourself”) and Yo-Yo Ma and Angélique Kidjo (“Blewu”).  

The lyrics of "Mohabbat", part of her album "Vulture Prince", go like this: "mohabbat karne vaale kam na hoñge/ tirī mahfil meñ lekin ham na hoñge ". It is a…

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Added by Riaz Haq on April 3, 2022 at 6:00pm — 2 Comments

Pakistan Prime Minister Imran Khan Demonstrated Effectiveness as Crisis Leader

Prime Minister Imran Khan has effectively led Pakistan through multiple crises in the last 4 years. Khan inherited dangerously low forex reserves in 2018 which are now at  $23 billion, near the highest level in the nation's history. The COVID pandemic that hampered Pakistan's recovery has been handled well with the fully vaccinated rate for the eligible population at more than 75%. Not only has Khan deftly navigated his nation through these crises but his government has also revived the…

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Added by Riaz Haq on March 29, 2022 at 9:00am — 33 Comments

Russia Sanctions: Taiwan's TSMC Joins Western Ban on Technology For Moscow

Taiwan Semiconductor Manufacturing Company (TSMC) will no longer fabricate computer chips for Russia, according to media reports. The ban will particularly affect Russia's Elbrus and Baikal processors, unless China agrees to step in to manufacture these chips, and risk additional US sanctions itself. Both Russian processors use mature 28 nm technology. The world's most advanced TSMC fabrication…

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Added by Riaz Haq on March 23, 2022 at 8:30am — 4 Comments

Pakistan Revives Reko Diq: One of The World's Largest Undeveloped Copper-Gold Deposits

Canadian mining giant Barrick Gold Corporation and the governments of Pakistan and Balochistan have reached a deal to restart the Reko Diq mining project. Reko Diq is the world's 4th largest undeveloped copper-gold porphyry deposit with over 14 million tons of copper and 21 million…

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Added by Riaz Haq on March 21, 2022 at 9:00am — 4 Comments

Top India Analysts Dispel "India's Size Illusion"

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…

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Added by Riaz Haq on March 18, 2022 at 1:00pm — 14 Comments

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    Blog Posts

    International Tea Day: Pakistan is the World's Largest Tea Importer

    Pakistan does not produce tea but it is the most popular beverage among Pakistanis.  The country is ranked as its largest importer in the world.  In 2020, Pakistan imported $646 million (9% of global tea imports) worth of tea and exported $15.2 million in branded blends of tea such as Tapal Tea. Pakistan tea imports grew 19.8% from 2019 to 2020. …

    Continue

    Posted by Riaz Haq on May 21, 2022 at 2:00pm — 1 Comment

    Pakistanis Are Third Largest Foreign Investors in Dubai Real Estate

    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. …

    Continue

    Posted by Riaz Haq on May 20, 2022 at 5:30pm — 1 Comment

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