Massive Protest in Pakistan against Gas Crisis

Islamabad, Jan. 08 (BNA) – The Lahore Chamber of Commerce and Industry (LCCI) along with other industrial organisations organised protest in Pakistan''s Lahore against gas crisis. Lahore …

Pakistani business delegation invites Modi to Karachi

Ahmedabad: A business delegation from Pakistan met Gujarat Chief Minister Narendra Modi on Friday and discussed issues pertaining to trade and industry between Gujarat and Pakistan.The delegation of …

Modi gets Karachi invite

Ahmedabad, Dec. 9: Gujarat chief minister Narendra Modi has been invited by the Karachi Chamber of Commerce and Industry to address business leaders on his state’s “model for …

Government taking steps for revival of silk industry in Kashmir

Srinagar, Dec 8 : The Jammu and Kashmir government has taken a number of steps on the modern and latest scientific lines for revival of silk industry, which has a historical importance in the …

Azerbaijan may participate in oil and gas exploration in Pakistan

Azerbaijan is ready to participate in exploration of oil and gas reserves of Pakistan. It was announced by the Industry and Energy Ministry of Azerbaijan. Industry and Energy Minister of …

Pak textile traders say MFN status to India will wipe out industry

Textile industry leaders in Pakistan have said granting the Most Favoured Nation (MFN) status to India will eliminate value-added sector, which is providing jobs to millions and contributing more than

China solar executives aim to avoid trade war with U.S.

BEIJING: Heads of China s solar industry on Tuesday said they strongly oppose an investigation by the U.S. into Ch

Pak-India agree to issue multiple visa to traders

According a declaration issued by SAARC Chamber of Commerce and Industry, this announcement was made by India Joint Secretary Arvind Mehta during a meeting with Pakistani traders in New Delhi.

US charges Pakistani with illegal nuclear exports

WASHINGTON: A Pakistani national has been arrested and charged with a scheme to illegally export nuclear-related materials to his home country from the United States, the US Justice Department said on Wednesday. Nadeem Akhtar, 45, who lives in Silver Spring, Maryland, a Washington suburb, was indicted for conspiring with others to illegally export restricted goods and technology to a Pakistani nuclear power plant and a Pakistani research commission. With an unidentified co-defendant, the alleged scheme began late in 2005 and lasted until March of last year, officials said. Most of the illegal exports took place between 2005 and 2008. “This arrest is the product of a vigorous, cooperative joint-agency investigation focused on denying and disrupting the illegal export of controlled nuclear technology destined for Pakistan,” said Eric Hirschhorn, the undersecretary of commerce for industry and security. The indictment alleged that Akhtar worked on behalf of the co-defendant who had business relationships with Pakistan government entities and who obtained the items from the United States and other nations. The indictment alleges that Akhtar and his co-defendant transferred funds from Pakistan and Dubai to bank accounts in the United States. Akhtar, who owns a company called Computer Communication USA, was specifically accused of illegally exporting radiation detection devices, resins for coolant water purification, calibration and switching equipment, and surface refinishing abrasives. All of those items require an export license because they can be used in activities related to nuclear reactors and the processing and production of nuclear material, the Justice Department said. The indictment alleged that Akhtar attempted to conceal the ultimate end use of the items and their true value by putting misleading or incomplete information on documents such as invoices and purchase orders. If convicted, he faces up to five years in prison for conspiracy to commit export violations and defraud the United States, up to 20 years in prison for unlawful export of goods, and up to 20 years in prison for conspiracy to commit money laundering. Akhtar had an initial appearance in federal court on Wednesday in Baltimore and was ordered detained pending another hearing on Thursday. (Reuters)

Scientists warn of water woes

OTTAWA: Demand for water in agriculture and energy production could spike in the coming decades while catastrophic floods and droughts strike more often, a water conference in Canada is to hear this week. “At unpredictable times, too much water will arrive in some places and too little in others,” said Zafar Adeel, chair of UN Water which coordinates water-related efforts of 28 United Nations organizations and agencies. Within a generation, water demand in many countries is forecast to exceed supply by an estimated 40 percent. In other parts of the world prone to flooding, catastrophic floods normally expected once a century could occur every 20 years instead. Meanwhile, spending on technologies and services to discover, manage, filter, disinfect and desalinate water, improve infrastructure and distribution, mitigate flood damage and reduce water consumption by households, industry and agriculture is expected to rise to a trillion dollars annually by 2020. Some 300 scientists, policy-makers and economists will release these and other research findings as well as proven new tools, ideas and best practices for optimizing water management at a Canadian Water Network international conference in Ottawa. The event kicks off on February 28 and runs through March 3. Conference speaker Hans Schreier of the University of British Columbia in Vancouver will present research buttressing the need for flood-prone areas to brace for more frequent disasters. He pointed to Canadian insurance data showing claims resulting from extreme weather increased 20-fold in the past 30 years and flood-related claims now exceeding fire and wind insurance claims every year. Schreier called for improved road and street designs to minimize rainwater runoff. “Until now, all we”ve ever done in urban environments is to drain everything into rivers and lakes,” he said. But curbs, drains and impermeable surfaces could be replaced where possible with grassy shoulder depressions that collect and absorb rainwater while directing excess runoff into constructed wetlands or storm water retention ponds. This would mitigate flood damage, but also polluted runoff normally drained via pipes into lakes and rivers would be instead filtered and cleaned as it sinks through the ground, helping compensate the extensive loss of wetlands to development. Other low-cost innovations might include home driveway designs and materials that allow most precipitation to be absorbed instead of running onto streets and roads, he said. Another topic to be discussed at the conference is the impact of water shortages on businesses that rely on “virtual water” or the amount of water used in production of items. A desktop computer, for example, requires 1.5 tons (1,500 liters) of water; a pair of denim jeans up to 6 tons; a kilogram of wheat 1 ton; a kilo of chicken 3 to 4 tons; a kilo of beef 15 to 30 tons. Nicholas Parker, chairman of the Cleantech Group, said: “What people don”t often realize is how much water there is in everything we make and buy, from t-shirts to wine.” One proposal is to list water used on product package labels to inform consumers and encourage conservation, said Adeel, noting that annual global trade in “virtual water” now exceeds 800 billion tons, the equivalent of 10 Nile Rivers. As developing countries gain wealth, their citizens” demands for food and energy, which both require a lot of water to produce, will skyrocket, Adeel warned. (AFP)

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