Riaz Haq's Blog – September 2024 Archive (4)

Investors Celebrate Pakistan's Continuing Economic Recovery

Pakistan's benchmark KSE-100 index hit an all-time high after the announcement of the $7 billion IMF bailout deal today. Economic indicators such as inflation, exports and remittances are also showing significant improvement as well. Speaking to reporters after the IMF deal,  the Fund Managing Director  Kristalina Georgieva acknowledged progress made by Pakistan. She said  "The economy is on the sound path. Growth is up and inflation is down". The …

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Added by Riaz Haq on September 26, 2024 at 5:00pm — 40 Comments

Powerful Hindutva Lobby Flexes its Muscle in California

Last year, California lawmakers voted 31-5 to approve the first state-wide bill (SB 403) explicitly banning caste discrimination. The bill, enjoying broad support among California voters, was sponsored by Senator Aisha Wahab.  It was vetoed by Governor Gavin Newsom under pressure from wealthy political donors belonging to the Hindutva lobby.  …

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Added by Riaz Haq on September 20, 2024 at 8:30pm — 11 Comments

ITU Cybersecurity Index 2024: Pakistan Ranked Among Top Tier Countries

International Telecommunications Union (ITU) has ranked Pakistan (score 96.69/100) among top tier countries for cybersecurity in 2024.  Out of a maximum score of 20, Pakistan received 20 for legal measures, 18.21 for technical measures, 20 for organization measures, 20 for capacity development and 18.48 for cooperative measures, according to the Global Cybersecurity Index 2024…

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Added by Riaz Haq on September 14, 2024 at 8:30pm — 1 Comment

Shifting Monsoon Pattern: Is Arid Pakistan Turning Wet?

Semi-arid Pakistan, with its farmlands predominantly irrigated by the world's largest contiguous canal system, has experienced an increasing amount of annual rains and floods for several years. Even the desert regions of the country, like the vast Thar desert straddling India-Pakistan border, have recently…

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Added by Riaz Haq on September 6, 2024 at 5:30pm — 1 Comment

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    Pakistan Navy Plans Modernization, Indigenization

    Admiral Naveed Ashraf, Pakistan Navy Chief, spoke of his vision for "indigenization and modernization" of his branch of the Pakistani military on the eve of multinational AMAN 2025 naval exercises. Biennial AMAN Exercise and Dialogue this year attracted 60 nations from Australia to Zimbabwe (A to Z). China, the United States, Turkey and Japan were among the countries which participated in it. …

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    Posted by Riaz Haq on February 13, 2025 at 9:30am

    US Deports Indian Illegal Immigrants in Handcuffs and Chains Aboard Military Aircraft

    A US Air Force transport plane landed in India today with 104 illegal Indian immigrants in handcuffs and shackles, according to media reports. Speaking with reporters, a deportee said: “For 40 hours, we were handcuffed, our feet tied with chains and were not allowed to move an inch from our seats. After repeated requests, we were allowed to drag ourselves to the washroom. The crew would open the door of the lavatory and shove us in.”…

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    Posted by Riaz Haq on February 6, 2025 at 9:30am — 3 Comments

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