Riaz Haq's Blog (1,210)

FinCEN Files: UK is Global Center For Money Laundering and Pakistan Among its Top 3 Sources

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…

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Added by Riaz Haq on September 26, 2020 at 11:30am — No Comments

Ambassador Kishore Mahbubani: America Does Not Respect India

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…

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Added by Riaz Haq on September 21, 2020 at 7:30pm — 3 Comments

With Covid19 Under Control, Pakistan Enjoys V-Shaped Recovery in Manufacturing

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…

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Added by Riaz Haq on September 17, 2020 at 7:00pm — 8 Comments

Thirlwall Law: Why Hasn't Pakistan's GDP Grown Faster Than 5% Average Since 1960s?

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, unlike Pakistan's, the East Asian…

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Added by Riaz Haq on September 12, 2020 at 10:30pm — 7 Comments

Pak-Austria Fachhochschule: One More Step Toward Building Knowledge Economy in Pakistan

Pak-Austria Fachhochschule Institute of Applied Sciences and Technology (PAF-IAST) campus is ready to open in Haripur, Khyber Pakhtunkhwa, Pakistan. It represents one more step toward building Pakistan's knowledge economy and growing high-value technology-based exports. Pakistan is collaborating with several countries, including the …

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Added by Riaz Haq on September 9, 2020 at 1:00pm — No Comments

Pakistan to Grow Hemp For Manufacturing & Export of Industrial and Medicinal Products

Pakistan government has decided to permit hemp farming for industrial and medicinal use, according to Mr. Fawad Chaudhry, Minister of Science and Technology. Initially, the government will control hemp production, Chaudhry said, but private businesses and farmers will be allowed to enter the market at a later date, according to the French news…

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Added by Riaz Haq on September 6, 2020 at 8:00pm — 3 Comments

Defense of Pakistan Day: Has Pakistan Lost All Wars to India?

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?…

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Added by Riaz Haq on September 4, 2020 at 9:30pm — 7 Comments

What is the "Evidence" of "Corruption" Against Retired General Asim Saleem Bajwa?

Pakistani reporter Ahmad …

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Added by Riaz Haq on September 1, 2020 at 5:30pm — 3 Comments

Have Modi's Misguided Policies Turned India Into A Beggar Nation?

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…

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Added by Riaz Haq on August 31, 2020 at 6:30pm — 9 Comments

Is Wudu the Secret of Pakistan's Success Against COVID19?

 الطُّهُورُ 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…

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Added by Riaz Haq on August 30, 2020 at 1:00pm — 17 Comments

Is CPEC Authority Chairman Asim Bajwa Guilty as Alleged?

Pakistani reporter …

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Added by Riaz Haq on August 28, 2020 at 10:30pm — 7 Comments

Pakistan Gig Economy: Women Freelancers Earning 10% More Than Men

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…

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Added by Riaz Haq on August 23, 2020 at 9:00am — 6 Comments

Is Fareed Zakaria Souring on India?

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.…

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Added by Riaz Haq on August 22, 2020 at 9:00am — 14 Comments

Karachi's NED University Alum's Startup Has Raised $190 Million to Challenge ARM's Dominance

Silicon Valley based SiFive, a technology startup headed by NED University alumnus Dr. Naveed Sherwani, has raised $60 million in series E round, bringing the total raised to $190 million to date. This round is led by SK Hynix, joined by new investor Prosperity7 Ventures, with…

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Added by Riaz Haq on August 20, 2020 at 8:30pm — 2 Comments

VOA Urdu Chief Suspended For Covering Pro Biden Muslim American PAC

Voice of America (VOA) Urdu language service chief Kokab Farshori and the managing editor for digital operations Tabinda Naeem have been suspended by VOA CEO Micheal Pack who was recently appointed by President Donald Trump. They are accused of violating a federal law by showing a 2-minute promotional video clip of Democratic nominee Joseph R. Biden's speech to Emgage, a pro-Biden Muslim-American Political Action Committee.  The clip shows Biden promising "I will end the Muslim ban on day…

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Added by Riaz Haq on August 20, 2020 at 10:00am — 2 Comments

Brothers From Rural Pakistan Teaching AI to American High-Schoolers

Haroon and Hamza Choudhry, born in rural Pakistan, are teaching artificial intelligence (AI) American high-schoolers. Twenty-something Choudhry brothers were 8 and 6 when they came from Pakistan to the United States in 1998. They have co-founded "AI For Anyone", a Brooklyn-based non-profit organization that sends volunteers to teach…

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Added by Riaz Haq on August 19, 2020 at 12:07pm — 2 Comments

Karachi's NED University Alum Raises $100 Million For Silicon Valley FinTech Startup

Pakistani-American serial entrepreneur and NED alumnus Dr. Safwan Shah has raised $100 million in Series C funding for his financial technology (fintech) startup PayActiv Inc. based in Silicon Valley, California. The round was led by Eldridge Wealth Ltd, a venture capital firm headquartered in…

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Added by Riaz Haq on August 15, 2020 at 4:30pm — 2 Comments

After 73 Years of Independence, Caste-Ridden India Remains Dominated by Minority Brahmins

After 73 years of independence, a small upper caste Indian minority retains near monopoly of the highest ranks in both the Indian government and the private sector. A few well-educated Indian Muslims and low-caste Hindus can not escape caste-ism even when they move to work in Silicon Valley.  Over two-thirds of low…

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Added by Riaz Haq on August 14, 2020 at 6:22pm — 7 Comments

CNN's Fareed Zakaria Never Misses Any Opportunity to Disparage Pakistan

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…

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Added by Riaz Haq on August 12, 2020 at 9:30pm — 14 Comments

Pakistan Independence Day 2020: National Resilience Amid Deadly COVI19 Pandemic

On Pakistan's 73rd Independence Anniversary, the people of the South Asian nation have demonstrated their resilience yet again. They have defied all foreign and domestic doomsayers, including media, activists and think tanks of all varieties. Pakistan has successfully fought off the deadly COVID19 virus and begun to bounce back economically. Moody's rating agency has raised Pakistan's…
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Added by Riaz Haq on August 10, 2020 at 8:00pm — 24 Comments

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    Blog Posts

    FinCEN Files: UK is Global Center For Money Laundering and Pakistan Among its Top 3 Sources

    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…

    Continue

    Posted by Riaz Haq on September 26, 2020 at 11:30am

    Substantive speech of PM to UNGA made every Pakistani proud: SAPM Asim Bajwa

    Pakistan Breaking News

    Special Assistant to Prime Minister on Information and Broadcasting and China-Pakistan Economic Corridor (CPEC) Authority Chairman Lieutenant General (retd) Asim Saleem Bajwa on Saturday has said that…

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    Posted by Sobia Anjum on September 26, 2020 at 12:24am

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