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Showing posts from May, 2024

Reko Diq: Value of Pakistan's Copper Deposits Soars Amid Surging Demand

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The value of copper assets has surged 31.7% in the last six months, significantly surpassing the rise in tech stocks (20.2%) and gold (20%) in the same period. Growing demand for copper is mainly driven by increasing adoption of green technologies such as electric vehicles and growth in AI (artificial intelligence) data centers using the latest Nvidia chips. At current prices, the value of copper and gold deposits at Reko Diq in Balochistan province is nearly $200 billion.   Comparing Asset Price Appreciation Over Last Six Months. Source: Wall Street Journal Interest in developing Pakistan's Reko Diq copper and gold mines has also grown with widening gap between demand and supply of the metals. Dennis Mark Bristow, CEO of the Canadian mining giant Barrick Gold Corporation, has said the Reko Diq mining project in Balochistan province is “absolutely on track” and would be able to begin production by 2028, according to news reports . Bristow said Reko Diq is an “enormous project” in

Global Baby Bust: Pakistan is A Rare Bright Spot Among Most Populous Nations in Asia

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There is an alarming rapid decline in fertility rates in both developed and developing nations, according to the United Nations.  Here is how the  Wall Street Journal  describes it: "The world is at a startling demographic milestone. Sometime soon, the global fertility rate will drop below the point needed to keep the population constant. It may have already happened".  Total Fertility Rates in 12 Most Populous Nations. Source: Wall Street Journal Birth rates are low and fertility is rapidly dropping for women across all levels of income, education and labor-force participation around the world. Fertility is falling among Pakistani women too but more slowly than elsewhere in Asia. In fact, Pakistani women have the third highest fertility rate (3.47) among the 12 most populous nations of the world.  Pakistan Fertility Rate. Source: Data Commons Birth rates have economic, social and geopolitical consequences. "The falling birthrates come with huge implications for the way

India's Modi Brags About Ordering Transnational Assassinations

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In a campaign speech on May 1, Indian Prime Minister Narendra Modi bragged about his campaign of transnational assassinations of individuals he has labeled "terrorists". “Today, India doesn't send dossiers to the masters of terrorism, but gives them a dose and kills them on their home turf", he is reported to have said, according to a  tweet  posted by his BJP party. Last month, Indian Defense Minister Rajnath Singh made a similar  admission . “If any terrorist from a neighboring country tries to disturb India or carry out terrorist activities here, he will be given a fitting reply. If he escapes to Pakistan we will go to Pakistan and kill him there,” Singh said in an interview to Indian TV news network News18.  Indian Prime Minister Narendra Modi at a BJP Campaign Rally. Source: BJP Earlier, Pakistan government accused India of carrying out  assassinations  of Sikh and Kashmiri separatists on Pakistani soil. “We have documentary, financial and forensic evidence of t