Riaz Haq's Blog – March 2021 Archive (11)

Is "Ever Given" Container Ship's Indian Crew At Fault For Blocking the Suez Canal?

Ever Given container ship that ran aground and blocked all shipping traffic through the Suez Canal, the busiest waterway in the world, has just been re-floated.  The mega cargo ship's captain and the entire crew are Indian, the owners and shipbuilders are Japanese, the operator is German, the insurance company is British, the charterer is Taiwanese and the cargo is Chinese, according to media reports. The ship was reported blown aground by strong winds. …

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Added by Riaz Haq on March 28, 2021 at 9:30pm — 6 Comments

Hindu Rashtra: Will Modi's Hindutva Lead to Multiple Partitions of India?

Sheikh Alam, a Muslim leader of Mamta Banerjee's Trinamool Congress Party, has recently been quoted in the Indian media as saying: "We  (Muslims)  are 30% and they (Hindus) are 70% They will come to power with the support of the 70%, they should be ashamed. If our Muslim population moves to one side then we can create four new Pakistans. Where will 70% of the population go?"  …

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Added by Riaz Haq on March 27, 2021 at 11:30am — 49 Comments

Pakistan Tech Exports Soar 69% in February 2021

Pakistan's technology exports shot up by 69% in February 2021 from the same month last year. Tech exports soared 41% for the first 8 months (July 2020-February 2021) of the current fiscal year from the same period period last year, according data released by the State Bank of Pakistan. …

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Added by Riaz Haq on March 23, 2021 at 9:00pm — 11 Comments

Pakistan's Happiness Index Score Suffers Steep Decline Amid COVID19 Pandemic

Amid the COVID19 pandemic, Pakistan's World Happiness ranking has dropped from 66 (score 5.693) among 153 nations last year to 105 (score 4.934) among 149 nations ranked this year. Neighboring India is ranked 139 and Afghanistan is last at 149. Nepal is ranked 87, Bangladesh 101, Pakistan 105, Myanmar126…

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Added by Riaz Haq on March 20, 2021 at 8:00pm — 3 Comments

Biden's Hypocrisy: Putin is a Killer But Modi is a US Ally

"Putin is a killer", declared President Joseph R. Biden in a recent interview with George Stephanopoulos  of ABC News. This stands in sharp contrast to what former President Donald J. Trump said in a 2017 Super Bowl Sunday interview Fox News when host Bill O'Reilly  authoritatively declared Russian President Vladimir “Putin’s a killer.” Trump replied with the question: “What, you think…

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Added by Riaz Haq on March 18, 2021 at 9:30am — 61 Comments

Pakistan Starts Producing Denim Jeans From Hemp ( بھنگ) Fiber

Quest for sustainable fiber with antimicrobial properties has created a global market for hemp (بھنگ) that grows wild in Pakistan. The ongoing COVID19 pandemic and increasing climate concerns have given further impetus to this movement. Responding to shifting market preferences, major Pakistani denim makers Artistic Milliners and US Denim have now begun producing new denim fabrics blending cotton with …

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Added by Riaz Haq on March 15, 2021 at 9:30am — 11 Comments

Bangladesh: Development Over Democracy

Until 2010, Bangladesh was a laggard in South Asia region. Its per capita income was about half of Pakistan's. Now Bangladesh's per capita gdp is higher than both India's and Pakistan's. What changed? The biggest change is Bangladeshi leader Shaikh Hasina's decision to stifle the unruly Opposition and the media to bring political and economic stability to the South Asian nation of 160 million people. It has eliminated a constant sense of crisis and assured investors and businesses of…

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Added by Riaz Haq on March 11, 2021 at 9:30pm — 29 Comments

Asif Zardari: A Corrupt Master Manipulator?

The recent shock defeat of  Dr. Hafeez Shaikh, Prime Minister Imran Khan's nominee for the Senate, has former President Asif Ali Zardari's fingerprints on it. The former president and current co-chairman of the Pakistan Peoples Party orchestrated the buying of votes and arranged the hundreds of millions of rupees used for the purpose to ensure former Prime Minister Yusuf Raza Gilani's surprise victory in the recent Senate Elections. Zardari has been widely known to be "in his elements" when…

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Added by Riaz Haq on March 6, 2021 at 10:30am — No Comments

Can Pakistan Follow Vietnam's Example to Become the Next Asian Tiger?

Vietnam has attracted major manufacturing and export-oriented industries that have relocated from China as the US-China trade war heated up. This process further accelerated during the COVID19 pandemic in the year 2020. As a result, Vietnam is now labeled by many analysts as "The Newest Asian Tiger". Bangladesh, too, has attracted export-oriented garment manufacturing industries.  Can Pakistan follow Vietnam's and Bangladesh's examples? Pakistan was the original Asian Tiger back in the 1960s…

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Added by Riaz Haq on March 5, 2021 at 7:00pm — 12 Comments

Indian Engineering Students Perform Poorly on International Assessment Tests

The results of a test called "Supertest", developed by researchers from the US, China, Russia and India,, show that Indian engineering students perform very poorly relative to their  peers in other countries. Supertest is the first study to track the progress of students in computer science and electrical engineering over the course of their studies with regard to their abilities in physics, mathematics and critical thinking and compare the results among four countries.  

Supertest…

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Added by Riaz Haq on March 4, 2021 at 1:00pm — 5 Comments

Can Digital Yuan Challenge US Dollar's Dominance in International Finance?

China's central bank is testing its digital currency in several major Chinese cities. The chairman of US Federal Reserve has recently confirmed that the US Central Bank is working on digital dollar. The State Bank of Pakistan announced in 2019 that it was developing a digital currency. It seems that the popularity of Bitcoin has triggered serious worries of loss of control of the official financial systems among the central bankers around the world. China's substantial lead in digital…

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Added by Riaz Haq on March 1, 2021 at 8:30am — 32 Comments

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    Blog Posts

    Renewable Energy: Clean Electrification of Pakistan's Economy

    Access to abundant and cheap electricity is essential for running a modern competitive economy. The best way to ensure it is in switching to renewable energy sources. That is why Pakistan is in the midst of a renewable power boom. It is ramping up generation of clean energy with solar, hydro, wind and nuclear power. 13 gigawatts of solar panels have been imported in the…

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    Posted by Riaz Haq on October 10, 2024 at 11:30am

    Is Pakistan Getting Ready For AI Revolution?

    Generative artificial intelligence (GenAI) has taken the world by a storm. It has drawn the attention of academia, businesses and governments around the world.  This technology is expected to transform almost every sector from business and commerce to government, industries and defense. Are Pakistanis aware of its potential?  Is Pakistan getting ready for what is being described as the "AI…

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    Posted by Riaz Haq on October 6, 2024 at 5:00pm — 4 Comments

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