South Asia Investor Review

At the $3.65 poverty line, India accounts for 40% of the slight upward revision of the global poverty rate from 23.6% to 24.1%, according to the World Bank  September 2023 Global Poverty Update . It is the same update that made the following recent headline in the Indian and Pakistani media about Pakistan: "Pakistan's 40% Population Lives Below Poverty Line, Says World Bank". Fact: 45.9% of Indians and 39.4% of Pakistanis live below the $3.65 a day poverty line as of September, 2023, according to the the latest World Bank global poverty update that takes into account the impact of inflation on poverty rates. But neither the Pakistani media nor India's compliant "Godi Media" reported it. Nor did they question why poverty in India is growing despite the Modi government's claim to be "the world's fastest growing economy".  Global Child Poverty Rate. Source: UNICEF Another recent  report by UNICEF  that went unnoticed by the media is that the c

Canadian Prime Minister Justin Trudeau has accused the Indian government of involvement in the murder of a Canadian Sikh leader on Canadian soil. Trudeau announced this week that Canada was "actively pursuing credible allegations" that  Indian intelligence  agents had potentially been involved in the murder of Canadian citizen Hardeep Singh Nijjar in June, 2023. Canada, a member of the "Five Eyes" intelligence alliance with Australia, New Zealand, UK and the US, is reported to have shared intelligence on the incident with Washington.  The US and UK say they are "deeply concerned" and encourage Indian officials to cooperate in any investigation. There have been similar "mysterious" assassinations of Sikh leaders in Pakistan and the UK this year. Can the West afford to ignore these assassinations? Will  Modi  government be emboldened to continue its campaign of murder of more leaders of the significant Sikh diaspora in the West if the US fails to h

As of 2019, there were 35,000 Pakistan-born STEM workers in the United States, according to the American Immigration Council. They included information technologists, software developers, engineers and scientists. These figures do not include medical doctors and healthcare workers.  Foreign-Born STEM Workers in America. Source: American Immigration Council Foreign-born workers make up a growing share of America's STEM workforce. As of 2019, foreign-born workers made up almost a quarter of all STEM workers in the country. This is a significant increase from 2000, when just 16.4% of the country’s STEM workforce was foreign-born. Between 2000 and 2019, the overall number of STEM workers in the United States increased by 44.5 percent, from 7.5 million to more than 10.8 million, according to  American Immigration Council .  India and Pakistan Among Top 10 Countries Receiving US Immigrant Visas. Source: Visual Capitalist India topped the top 10 list of foreign-born STEM workers with 721,

Indian Prime Minister Narendra Modi successfully transformed routine rotational G20 presidency into an extravagant personal  PR exercise  this week. The Indian mass media and the general public saw Mr. Modi's face plastered all over the Indian capital. Some analysts described it as the kickoff of  the Indian leader's political campaign for national elections scheduled for next year. As Mr. Modi spoke of "one earth, one family, one future", his right-wing Hindutva allies continued their unhindered campaign of murder and mayhem against the Christian community in the Indian state of Manipur.  Globally, too, Mr. Modi lived up to his reputation of " Divider In Chief " as the Chinese leader Xi Jinping and the Russian leader Vladimir Putin chose to stay away from the gathering attended by all the western leaders. Both China and Russia stand in the way of the continuation of centuries-old unchallenged western hegemony of the world.  Modi: Hero of Hatred at G20. Sour

India's recent  Chandrayaan 3  success has triggered serious soul searching among Pakistanis. They are asking: Can we explore space? Do we have the basic technical knowhow? Are there any serious rocket scientists among Pakistanis? The answer to all three questions is absolutely YES. Pakistan's NESCOM (National Engineering and Science Commission) has developed, tested and supported deployment of several solid and liquid fueled multi-stage rockets for the nation's highly advanced missile program. In multiple test flights conducted over the years, these NESCOM missiles have traveled long distances through space at hypersonic speeds to deliver payloads to their designated targets.  From Rehbar to Shaheen:   Pakistan has certainly come a long way from the Rehbar series of rockets tested by SUPARCO in the 1960s. With some investment of time and money, the NESCOM rockets designed for the military can be  repurposed  to launch satellites into space. But it has not been a priority f