The Coward Capital

Capital is inherently craven and it’s cowardice is evident from the fact that it is only drawn to places where there is the clarity of law, where the society and the rulers rest on a body of law, where there is accountability on behalf of the government. Capital in this globalised world…will go to where it is going to be safe, it will flee from corruption, bad policies, societies and nations that remain rooted in a past system of corruption and flawed policies. The government would have to concentrate on…

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CNG price shoots to Rs184 in Sindh, Rs123 in Punjab

The price of compressed natural gas (CNG) jumped on Saturday to Rs184 per kilogram in Sindh and Rs123 per litre in Punjab — an increase of Rs15 per kg and Rs8 per litre, respectively. The new rates notified by the CNG association came into effect on Saturday. “The government procured liquefied natural gas (LNG) from the international market at very high rates because of on-the-spot buying of the LNG cargo,” All-Pakistan CNG Association Group Leader Ghayas Paracha told Dawn. “However, the good thing is that the price will start lowering from…

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Total, Air Liquide Invest in $1.7 Billion Green Hydrogen Fund

TotalEnergies SE, Air Liquide SA and Vinci SA pledged to contribute 100 million euros ($116 million) each to a fund created by Ardian SAS and FiveT Hydrogen that aims to invest 1.5 billion euros in clean hydrogen infrastructure. The commitments are the latest sign of the growing interest in the carbon-free fuel. Nations have pledged tens of billions of dollars of subsidies to bring down the cost of producing hydrogen with renewable energy — called green hydrogen — instead of the “grey” variety that’s made with fossil fuels, as part…

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Exclusive survey: China’s financing and CPEC in Pakistan

The secrecy surrounding CPEC has finally been broken by a team of researchers in the US who have laid bare a massive dataset of over 13,000 projects across 165 countries worth a staggering $843 billion. For ten years the team tracked China’s overseas deals in the Belt and Road Initiative. Pakistanis can now, thus, get a sense of the full scale of Chinese investment in their country. Senior research scientist Dr Ammar A Malik and Sheng Zhang are part of the team of researchers at AidData at the college of…

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