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With several major brands moving production to Pakistan amid the COVID19 pandemic, the country's exports have grown at a faster pace than those of Bangladesh and India, according to Bloomberg News. Pakistan's total textile shipments rose 7% in September, compared with India’s 6% and Bangladesh’s 3.5%. …
Added by Riaz Haq on October 31, 2020 at 4:30pm — 11 Comments
Convicted money launderer Altaf Khanani and his patrons among Pakistani politicians appear to have brought FATF's attention to Pakistan when the country was first put on its grey list back in 2012. A new national financial crimes bill was introduced by the ruling Pakistan People's Party which was so full of holes that a senior FIA official complained publicly it was "drafted by a money-launderer". Khanani is believed to have moved over $12 billion a year of dirty money through Pakistani…
ContinueAdded by Riaz Haq on October 24, 2020 at 10:00am — 7 Comments
Per capita milk consumption in Pakistan reached 231 liters (231 Kg) in 2019, according to a new research report entitled ‘Asia – Whole Fresh Milk – Market Analysis, Forecast, Size, Trends and Insights’. It has almost doubled from 119 liters per person in 2011. Milk production in Pakistan is the second…
ContinueAdded by Riaz Haq on October 22, 2020 at 10:00am — 15 Comments
Former Prime Minister Mr. Nawaz Sharif has alleged that the Pakistan Army Chief and the ISI leader orchestrated his conviction on corruption charges and his subsequent ouster. In a clear departure from prior allegations against "the establishment", Mr. Sharif has named names of the chiefs of the Army and the ISI in his anti-military address over the telephone from London to a joint opposition rally in Gujranwala. Where does he go from here? Is he following in the footsteps of MQM founder…
ContinueAdded by Riaz Haq on October 19, 2020 at 1:50pm — 9 Comments
Speaking with Fareed Zakaria on US cable news network CNN, former US Secretary of the Treasury Lawrence Summers told Zakaria's audience that "if the US had handled the pandemic as well as Pakistan, we would have saved around $10 trillion ".
Ex US Treasury… |
Added by Riaz Haq on October 18, 2020 at 9:00am — 3 Comments
India ranks 94th among 107 nations ranked by World Hunger Index in 2020. Other South Asian have fared better: Pakistan (88), Nepal (73), Bangladesh (75), Sri Lanka (64) and Myanmar (78) – and only Afghanistan has fared worse at 99th place. The COVID19 pandemic has worsened India's hunger and malnutrition. Tens of thousands of Indian children were forced to go to sleep on an empty stomach as the…
ContinueAdded by Riaz Haq on October 16, 2020 at 11:00am — 25 Comments
Global food prices are soaring by double digits amid the coronavirus pandemic, according to Bloomberg News. Bloomberg Agriculture Subindex, a measure of key farm goods futures contracts, is up almost 20% since June. It may in part be driven by speculators in the commodities markets. These rapid price rises…
ContinueAdded by Riaz Haq on October 14, 2020 at 7:30pm — 6 Comments
On October 12, 1999, Pakistani military toppled democratically elected Prime Minister Mian Mohammad Nawaz Sharif. This action followed the Prime Minister's sudden decision to sack Army Chief General Pervez Musharraf and the Prime Minister's simultaneous orders to deny landing permission to the Pakistan International Airlines Boeing 777-200 that was bringing the Army Chief…
ContinueAdded by Riaz Haq on October 12, 2020 at 10:00am — 18 Comments
In his recently published book entitled "The WEIRDest People in the World: How the West Became Psychologically Peculiar and Particularly Prosperous", Harvard Professor Joseph Henrich argues that western democracy and prosperity in America and Europe can be traced back to the Catholic Church's ban on cousin marriages and polygamy. These bans promoted individualism and created what is now known as a "nuclear family". Cousin marriages and strong kinship remain prevalent in present-day Pakistan,…
ContinueAdded by Riaz Haq on October 9, 2020 at 10:30am — 9 Comments
In a recent article entitled "Is Pakistan really handling the pandemic better than India", The Economist says Pakistani Prime Minister Imran Khan has "crowed" about his government's handling of the coronavirus pandemic. It also cites an Indian-American professor who says "test not, find not" to raise questions about Pakistan's coronavirus data. Conspicuously absent from the article is any emphasis on the covid19 test "…
ContinueAdded by Riaz Haq on October 7, 2020 at 10:30am — 7 Comments
A recent Dawn newspaper article entitled "Getting Ahead in the West" by British journalist Owen Bennet Jones suggests that Pakistanis in the US and the UK are doing poorly relative to their Indian counterparts. It builds this narrative using the example of 3 ministers of Indian origin and just one junior minister of Pakistani origin in Prime Minister Boris Johnson's cabinet. It also cites the…
ContinueAdded by Riaz Haq on October 5, 2020 at 8:00am — 14 Comments
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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. …
ContinuePosted by Riaz Haq on February 27, 2024 at 5:30pm
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…
ContinuePosted by Riaz Haq on February 16, 2024 at 9:22pm — 1 Comment
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