Riaz Haq's Blog – October 2020 Archive (11)

Pakistan's Exports Surging At The Fastest Rate in South Asia

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 Had Close Ties to Top Pakistani Politicians

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…


Added by Riaz Haq on October 24, 2020 at 10:00am — 7 Comments

Pakistan's Per Capita Milk Consumption Reaches 231 Liters

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…


Added by Riaz Haq on October 22, 2020 at 10:00am — 15 Comments

Nawaz Sharif's Anti-Military Rhetoric; Moeed Yusuf on Indian Sponsored Terror in Pakistan

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…


Added by Riaz Haq on October 19, 2020 at 1:50pm — 9 Comments

Ex Treasury Sec Summers: US Would Have Saved $10 Trillion If We Handled COVID Pandemic Like Pakistan

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 Tops South Asia Hunger Chart Amid COVID19 Pandemic

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…


Added by Riaz Haq on October 16, 2020 at 11:00am — 25 Comments

Food Price Hikes Badly Hurting Average Pakistani Consumers

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…


Added by Riaz Haq on October 14, 2020 at 7:30pm — 6 Comments

Gallup Survey Showed 75% of Pakistanis Welcomed 1999 Coup

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…


Added by Riaz Haq on October 12, 2020 at 10:00am — 18 Comments

Harvard Professor on Cousin Marriages, Kinship and Democracy in Pakistan

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,…


Added by Riaz Haq on October 9, 2020 at 10:30am — 9 Comments

The Economist Does a Hatchet Job On Pakistan's Handling of COVID19 Pandemic

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 "…


Added by Riaz Haq on October 7, 2020 at 10:30am — 7 Comments

Is the Pakistani Diaspora in the West Doing Poorly?

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…


Added by Riaz Haq on October 5, 2020 at 8:00am — 15 Comments

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    Are Some Pakistanis Feeding into Indian Delusions of Grandeur?

    Many Pakistanis are singing effusive praises of India on social media platforms and racking up millions of views, according to a report in the Indian  mainstream media. These Pakistanis are boosting their earnings by feeding into the Indians' delusions. The "India Today" report claims that, in the last 6…


    Posted by Riaz Haq on June 20, 2024 at 9:00am — 5 Comments

    Agriculture: A Rare Bright Spot in Pakistan's Economy

    Pakistan's agriculture sector grew 6.3% in 2023-24, far outpacing the overall economy that grew just 2.38%, according to the Economic Survey of Pakistan 2023-24.  This is good news for about 40% of the country's population working in the agriculture sector. By contrast, India's agriculture growth slowed to …


    Posted by Riaz Haq on June 13, 2024 at 9:30am — 4 Comments

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