USA

J&K Admin Council clears 850 MW Ratle Hydroelectric Project
30Nov mmBy Joe RodriguezNo Comments
Asia, USA

J&K Admin Council clears 850 MW Ratle Hydroelectric Project

In a significant decision, the Jammu and Kashmir (J&K) Administrative Council has approved the proposal for the development of an 850 MW Ratle Hydroelectric Project in a joint venture of the JK Power Development Corporation (JKPDC) and the National Hydroelectric Power Corporation (NHPC).“The Rs 5300 crore project would be executed by a new Joint Venture Company - Jammu Hydroelectric Power Corporation Limited to be formed between the JK Power Development Corporation (JKPDC) and the National Hydroelectric Power Corporation (NHPC),” an official statement said.“The equity contribution of JKPDC in the company pegged at Rs 776.44 crore will be provided as a grant from the government of India”, it said.The statement further said that all the clearances for the project are already in place, he...
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Bangladeshis form human chain to protest against terrorism by Pakistan on 26/11 anniversary
27Nov mmBy Joe RodriguezNo Comments
Asia, USA

Bangladeshis form human chain to protest against terrorism by Pakistan on 26/11 anniversary

On the 12th anniversary of 2008 Mumbai terror attacks, an anti-terrorism organisation in Bangladesh on Thursday formed a human chain in protest against Pakistan’s role in the 26/11 Mumbai attacks and the 2004 grenade attack in Dhaka.Participants in the human chain programme said terrorism would never be accepted on the soil of Bangladesh, adding that terrorism had no religion. Thousands of people participated in the human chain event in an effort to build a terrorism-free Bangladesh and protect human rights in the country.On November 26, 2008, ten terrorists trained by the Pakistan-based terrorist organisation Lashkar-e-Tayyiba (LeT) carried out a series of coordinated attacks against multiple targets in Mumbai including the Taj Mahal hotel, the Oberoi hotel, the Leopold Cafe, the Nariman ...
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7000 PIA employees to be laid off: Pak aviation minister
25Nov mmBy Joe RodriguezNo Comments
Asia, USA, World

7000 PIA employees to be laid off: Pak aviation minister

Pakistan’s Federal aviation minister Ghulam Sarwar Khan on Tuesday announced that as many as 7,000 employees of the Pakistan International Airlines (PIA) will be laid off voluntary Separation Scheme (VSS).As per media reports, Sarwar said while PIA requires only 7000 employees to operate, it employs over 14,000 currently due to the politically influenced recruitments in the past by ruling parties.He further said that out of 14,000 employees currently working, half of the staff will be let go through VSS. “They will be given compensation,” he added.This comes despite the Pakistan Peoples' Party (PPP) criticism of the Imran Khan government last week over its plan to sack thousands of employees of the Pakistan International Airlines (PIA), Steel Mills and Railways and termed the decision ille...
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Stanford University enlists Kashmiri among top scientists
24Nov mmBy Joe RodriguezNo Comments
Asia, Singapore, USA

Stanford University enlists Kashmiri among top scientists

Bringing laurels to Kashmir, a young scientist, Dr Ahsanulhaq Qurashi has been enlisted in the top two percent scientists of 2020 by Stanford University.The list has been compiled on the basis of “multiple citation indicators and their composite across scientific disciplines.”Hailing from Karnah area of Kupwara district in the Indian union territory of Jammu and Kashmir, Dr Qurashi was listed in energy discipline. His major research work is based on developing new materials for clean energy generation and storage, environment, and biomedical applications.Dr Qurashi completed his PhD in Nanotechnology, in 2008, from Chonbuk National University, Jeonju, South Korea and later completed his two-year post-doctoral fellowship from Toyama University, Toyama, Japan. He joined as an Assistant Profe...
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Anti-China protests gain momentum in Argentina
21Nov mmBy Mike TrudellNo Comments
China, Market, USA, World

Anti-China protests gain momentum in Argentina

Between 2005 and 2019, Argentina has received maximum investment from China amounting to US$30.6 billion, which is 39 per cent of the total Chinese investment in South America.At the heart of the new Chinese investments in Argentina, is the proposal to build 25 industrial pig farms in Argentina, which will significantly increase pork exports to China. The project involving investment of US$3.8 billion, is expected to generate annual production of 900,000 tons amounting to US$2.5 million in annual exports.As per media reports, the pig farms will be set up with Chinese investment in partnership with local producers in Argentina, which currently has 10 industrial pig farms exclusively for export to China. In addition, 25 new farms are due to start operation in the next six years, which will e...
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A headless chicken: Multiple obstacles hit CPEC’S progress
17Nov mmBy Brian ThompsonNo Comments
China, Market, USA

A headless chicken: Multiple obstacles hit CPEC’S progress

 A ‘headless’ body, officially admitted as such, is supposed to be taking (or delaying) decisions in Pakistan regarding the 60 billion-dollar China-Pakistan Economic Corridor (CPEC) project.The Pakistan Government’s ordinance under which the CPEC Authority (CPECA) was set up last year lapsed in July, 2020 and no fresh legal/constitutional arrangement has been made. Questioned by a parliamentary committee, the government said the body is headed by “no one.”The man placed at the top of CPECA, retired Lt. general Asim Bajwa, is working away from the office, and not drawing any salary. He was forced to resign as a Special Adviser of Prime Minister Imran Khan in October following media exposure about over 90 business firms his family has allegedly set up. He was holding dual charge and now, Kha...
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South Korea takes in 164 asylum seekers from nearly 6,000 applicants
17Nov By Desk TeamNo Comments
Asia, USA, World

South Korea takes in 164 asylum seekers from nearly 6,000 applicants

SEOUL: South Korea has accepted just 164 asylum seekers this year from nearly 6,000 who applied despite COVID-19 travel curbs, government data showed. Immigration is a contentious issue in South Korea, where many pride themselves on ethnic homogeneity, even as its population of 51 million rapidly ages and the labour force shrivels. The figure of 5,896 applicants for refugee status between January and August was down about 36 per cent from the corresponding period last year, data from the justice ministry showed last week. Russians topped the list of applicants at nearly 18 per cent, followed by people from Egypt, Kazakhstan, Malaysia and India. Only about 4 per cent of the 4,019 who completed the screening process were accepted or granted residency for humanitarian reasons, althoug...
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Pakistan to seek $2.7 billion loan from China for CPEC construction project
15Nov mmBy Joe RodriguezNo Comments
Asia, China, USA

Pakistan to seek $2.7 billion loan from China for CPEC construction project

At a time when financial institutions of China are reluctant in investing in the China-Pakistan economic corridor (CPEC), Pakistan has decided to seek USD 2.7 billion loan from China for the construction of package-I of the Mainline-1 project of CPEC.As per reports, the sixth meeting of the financing committee on ML-1 project, which includes dualisation and upgrading of the 1,872 km railway track from Peshawar to Karachi, decided that Pakistan would initially request China to sanction only USD 2.73 billion in loan out of the total estimated Chinese financing of about USD 6.1 billion.The Ministry of Economic Affairs has been directed to formally send the Letter of Intent to China next week as Beijing is expected to finalise its next year's financing plans by the end of the current month."In...
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Japan should brace for ‘leaderless era’ as U.S. turns inward, Suga adviser says
14Nov By Desk TeamNo Comments
Asia, China, USA, World

Japan should brace for ‘leaderless era’ as U.S. turns inward, Suga adviser says

A prominent economic adviser to the prime minister says Tokyo should prepare for a “leaderless era” as U.S. global leadership gradually withers, and expand other strategic ties while bolstering its security alliance with Washington. The prime minister, Yoshihide Suga, wasted little time in congratulating U.S. President-elect Joe Biden on last week’s election win over incumbent Donald Trump, despite the latter’s refusal to concede, saying he wanted to strengthen the alliance and ensure peace and prosperity in the Indo-Pacific region. But concerns about America’s inward turn have simmered in Japan for years, intensifying in the face of China’s growing military and economic assertiveness and persisting during the Trump presidency despite comparatively warm ties between the outgoing U.S. lea...
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Pompeo, Esper driving US’s anti-China message in India visit
11Nov By Desk TeamNo Comments
China, USA, World

Pompeo, Esper driving US’s anti-China message in India visit

NEW DELHI: US Secretary of State Mike Pompeo and Defense Secretary Mark Esper are in India to drive the Trump administration’s anti-China message exactly a week ahead of America’s presidential election. With President Donald Trump in a tight race for a second term against former Vice President Joe Biden, Pompeo and Esper are seeking to play on Indian suspicions about China to shore up a regional front against increasing Chinese assertiveness in the Indo-Pacific region. In talks on Tuesday (Oct 27) with their Indian counterparts, Pompeo and Esper are to sign an agreement expanding military satellite information sharing and highlight strategic cooperation between Washington and New Delhi with an eye toward countering China. Just hours before the meetings began, the Trump administratio...
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