Sohail Ahmad

Team Europe launches €179M Climate Initiative for Punjab Urban Centers

Team Europe and Pakistan Government invest €179 million in Climate Initiative for Punjab Urban Centers

As a part of the Team Europe Initiative ‘Building Back Better through Green Jobs Creation,’ combining support from the European Union (EU), Germany, France, and Italy, the EU and the Agence Française de Développement (AfD) today have signed an agreement to spearhead a new climate initiative in the urban centers of Punjab. The joint effort…

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Putin urgent visit to Saudi Arabia

Putin’s Rapid Saudi Tour: Crucial Talks on Gaza, Ukraine, and Oil

Russian President Vladimir Putin arrived in Saudi Arabia on Wednesday for urgent high-stakes discussions with Crown Prince Mohammed bin Salman (MBS) on oil, Gaza, and Ukraine. The meeting, characterized by its urgency, underscores the critical nature of the issues at hand and the need for swift diplomatic resolution.  As global attention focuses on Putin’s Saudi…

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US Light Vehicle Sales Surge 8.5% YoY in November

US Light Vehicle Sales Surge 8.5% YoY in November

US Light Vehicle (LV) sales experienced an 8.5% year-on-year (YoY) growth in November, reaching 1.22 million units, preliminary estimates reveal. The YoY surge, attributed to weak sales a year prior, fell slightly below expectations, although the selling rate remained consistent with recent months. Despite the improvement in inventory, customers seem to require higher incentives, marking…

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Moody’s Issues “Negative” Outlook for China’s Credit Rating Due to Escalating Debt Worries

Moody’s, the ratings agency, downgraded China’s credit rating outlook from “stable” to “negative” on Tuesday, citing escalating debt in the world’s second-largest economy. Beijing expressed its disappointment with the decision. According to the U.S. agency’s note, the downgrade is a response to mounting indications that the government and broader public sector will extend financial support…

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Pakistan: used cars imports for Disabled

Used Cars: Parliamentary Panel Proposes Up to 1500cc Used Cars Import for Disabled Every 5 Years

A parliamentary panel on Monday proposed a crucial amendment, advocating for an adjustment that would allow disabled individuals to import used cars featuring engine capacities up to 1500cc once every five years. This proposal has been forwarded to the Senate Finance Committee for comprehensive deliberation, particularly concerning the potential exemption of sales tax. Officials from…

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Taliban First Ambassador to China Since 2021 Takeover

Afghan Taliban Government Names First Ambassador to China Since 2021 Takeover, Bolsters Ties with Beijing

(Reuters): Afghanistan’s Taliban administration has appointed a former spokesperson as ambassador to China, the foreign affairs ministry said on Friday, its first officially accredited envoy to any country since taking over in 2021. Former administration spokesman Bilal Karimi arrived in China late in November to take up the role, the Taliban-run foreign ministry said in…

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Bitcoin rise to 19-Month High Fuels Crypto Share Surge

Bitcoin hits 19-month high, fueling crypto shares amid spot ETF optimism and market momentum

(Reuters): Shares of crypto miners and Bitcoin tracking companies climbed in premarket trading on Friday as the world’s largest cryptocurrency extended a recent rally to touch a near 19-month high on improving risk appetite. Bitcoin, up 2% at $38,410, has been gaining since October on optimism that a potential approval of a spot exchange-traded fund is…

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China's Inaugural High-Orbit Satellite Internet Elevates Space Race Dynamics

China’s Satellite Internet Intensifies Space Race, Threatening Starlink Dominance

Chinese Network Targets Aviation, Navigation, and More Industries. It Challenging Starlink With Fewer Satellites and Wider Coverage China has launched its first high-orbit satellite Internet, propelling itself into the forefront of the “China Satellite” arena and heightening the competitive landscape of the ongoing “Space Race.” This significant achievement, as reported by the state news agency…

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Chinese Scientists uncovers Vulnerabilities of stealth B-21 Raider

Chinese Scientists Uncover Stealth B-21 Vulnerability: Hypersonic Missiles Pose Lethal Threat

Chinese scientists have conducted a simulated war game that unveils a potential threat to advanced US stealth aircraft, particularly the B-21 Raider, posed by China’s hypersonic missiles. This research, led by Associate Professor Chen Jun from Northwestern Polytechnical University, reveals significant insights into the dynamics of modern warfare and the evolving capabilities of hypersonic technology….

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Kohinoor Spinning $8.2 million agreement with UAE company

Kohinoor Spinning and UAE-based company signs $8.2M Mineral Venture in Pakistan

The UAE-based conglomerate Nation Trust Holding (TNTH) has formalized an MoU with Kohinoor Spinning Mills Limited (KOSM) to establish a raw and value-added mineral venture in Pakistan with a planned investment of $8.2 million. KOSM will be a collaborative partner, managing its facilities in Chakwal and handling government approvals, the company’s filing to the Pakistan…

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Boston's capital improvement plan increases, with focus on Green New Deal from BPS

Boston’s Planned Capital Program, Where’s the Money Going? Why Green New Deal in Focus?

In the City of Boston, Massachusetts, the planned capital program funds have surged 15 percent, emphasizing key transformative projects such as the Boston Public Schools (BPS) Green New Deal, the revitalization of Roxbury’s transportation corridors, and the construction of the Josiah Quincy Upper School along with a dedicated center for youth and families. The City…

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Red wine Headaches is linked to Grapes skin

Study Links Grape Skin Compound to Red Wine Headaches

A recent laboratory study suggests that a compound in grape skins, quercetin, may be responsible for the notorious “red wine headache” experienced by some individuals. Quercetin, an antioxidant present in fruits and vegetables, including grape skins, inhibits the enzyme aldehyde dehydrogenase (ALDH) crucial for alcohol metabolism in the liver. In the lab, researchers found that…

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BYD investment in Pakistan Electric Vehicles

Chinese auto giant BYD explores strategic investment in Pakistan’s electric vehicle sector

Chinese automotive conglomerate BYD, a major player in the global electric vehicles (EVs) market, is currently engaged in discussions with Pakistani authorities regarding the potential of the country’s EV sector.   With its operations in India and various right-hand-driven (RHD) markets, BYD is emerging as a formidable competitor to Tesla and is on track to surpass…

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European Commission cuts Aid to Palestine, post- Hamas

European Commission Implements Stricter Measures in Palestinian Development Aid

EC tightens Palestinian aid post-Hamas, freezes €39M. Controversy over anti-incitement measures and increased scrutiny. With a Gaza death toll of 0.5 percent of its population and almost every second house damaged noted by the United Nations, the European Commission cuts of aid to Palestine and urges increased documentation from its civil society groups receiving EU…

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First Mouse Embryo Grown in Space

Mouse Embryos in Space: A Groundbreaking Study

In a groundbreaking study, Japanese scientists have successfully grown mouse embryos aboard the International Space Station, showcasing potential breakthroughs in human reproduction in space. Utilizing a specialized device, astronauts thawed and cultivated the embryos over a four-day period, marking a significant advancement in extraterrestrial reproductive science. Operating within specific intervals, the astronauts meticulously monitored the…

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