Riaz Haq's Blog – August 2020 Archive (16)

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 — 14 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 — 10 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 — 12 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 — 27 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 — 4 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 — 3 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 — 4 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 …

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Added by Riaz Haq on August 14, 2020 at 6:00pm — 38 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 — 16 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 — 25 Comments

India: A Paradise For Pakistani Hindus?

A recent New York Times piece titled "Poor and Desperate, Pakistani Hindus Accept Islam to Get By" talks of "Pakistan’s dwindling Hindu minority". An earlier New York Times story in December 2019 mentioned "the pressure for (Pakistani) Hindus to weigh moving to India".  The paper also reported that "the Indian government granted 12,732 long-term visas, compared with 4,712 in 2017, and 2,298 in 2016".…

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Added by Riaz Haq on August 6, 2020 at 5:30pm — 13 Comments

Global Geopolitics: US-China Technology War; India's Regional Isolation; Pakistan's Ties With China, US

Is US-China technology war heating with Huawei ban? Is it part of the larger geopolitical landscape pitting the US as the established superpower against China as the new rising power? Is the fight over Huawei 5G merely a symptom of it? How will it affect global…

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Added by Riaz Haq on August 4, 2020 at 7:35am — 48 Comments

Indian Investigative Reporter Exposes RAW's Covert Ops Against Neighbors

In a new book titled "RAW: A History of India’s Covert Operations", Indian investigative journalist Yatish Yadav has essentially confirmed some of what India's neighbors have suspected for a long time. Yadav has added to the revelations contained in a earlier book titled "Mission R&AW" written by ex Indian spy RK Yadav.…

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Added by Riaz Haq on August 3, 2020 at 4:30pm — 4 Comments

Pakistan: Hopes Rise For Cheap and Abundant Electricity

Pakistani power sector is continuing its march toward cheap indigenous sources of electricity. Hydropower component has increased 22%, coal 57% and nuclear 8% while oil is down 54% and natural gas and LNG are down 32% and 15% respectively, according to Bloomberg. These…

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Added by Riaz Haq on August 1, 2020 at 1:00pm — 18 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…

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    Posted by Riaz Haq on July 10, 2024 at 12:30pm — 1 Comment

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

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