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Showing posts with the label Italy

European Union: Fastest Growing Source of Remittances to Pakistan

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Remittances from the European Union (EU) to Pakistan soared 49.7% in FY 21 and 28.3% in FY22, according to the State Bank of Pakistan. With $2.5 billion remittances in the first 9 months (July-March) of the current fiscal year, the EU ($2.5 billion) has now surpassed North America ($2.2 billion) to become the third largest source of inflows to Pakistan after the Middle East and the United Kingdom. Remittances from the US have grown 21%, second fastest after the EU (28.3%) in the first 9  months of the current fiscal year.  Country-wise Remittance Inflows in Pakistan. Source: State Bank of Pakistan Pakistanis in European Union:  The population of Pakistan-born migrants to European Union countries has been growing in recent years. With over 120,000 Pakistani migrants, Italy is the most popular destination for Pakistanis in the EU.  Italy is followed by Germany with 75,495 Pakistani migrants. Then comes Spain with 61,953 migrants, France 21,900 (2017), Sweden 11,674, De...

Will Coronavirus Pandemic End in Summer Months of May and June?

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A study by researchers at a Singapore University predicts that the current  coronavirus pandemic  will end in the months of May and June. Specifically, the researchers forecast that 97% of the pandemic will end around May 11 in the United States, May 21 in India and June 8 in Pakistan. Pakistan Coronavirus Case Curve. Source: Singapore University Singapore Pandemic Model: The authors of the  Singapore study  argue that, like other past pandemics, the current covid19 pandemic will follow a bell curve, essentially "a life cycle pattern from the outbreak to the acceleration phase, inflection point, deacceleration phase and eventual stop or ending". Here's an excerpt of the Singapore paper published by Jianxi Luo: "Such a life cycle is the result of the adaptive and countering behaviours of agents including individuals (avoiding physical contact) and governments (locking down cities) as well as the natural limitations of the ecosystem. However, the pandemic lif...

Coronavirus Pandemic Humbles World’s Great Powers

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Covid19  pandemic  has brought the world to its knees. It has humbled some of the most powerful nations on earth. It has paralyzed the global economy. It is believed to have started in China, the newest superpower. Coronavirus has so far  infected  nearly 3 million people globally. It has ravaged the United States, the reigning superpower, as well as its rich and powerful allies in Western Europe.  The United States leads the world with a million infections so far and over 50,000 deaths. It has not spared developing nations like Iran and Turkey either. And it is now threatening to spread to the rest of the developing world in Asia, Africa and Latin America. Coronavirus has so far infected nearly 12,000 and killed 253 people in  Pakistan . This pandemic is a reminder to all that lethal pathogens are a huge common threat to all of humanity. Recently, I participated in a wide ranging discussion on coronavirus’ origins, impact, conspiracy theories, ...