Day: November 21, 2024

Cristiano Ronaldo and MrBeast team up for groundbreaking YouTube collaboration

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Cristiano Ronaldo and MrBeast team up

The announcement follows a leaked image on November 17 that hinted at the partnership. Ronaldo shared a preview on his official YouTube channel, revealing the video titled I Meet MrBeast To Break The Internet will premiere on November 21 at 6 AM PT / 9 AM EST. While fans are excited, the collaboration has drawn mixed reactions due to ongoing controversies involving MrBeast, including allegations of workplace misconduct. Despite these challenges, MrBeast remains the platform’s top creator, consistently pulling millions of views within hours of uploads. Ronaldo, a football legend…

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Bitcoin breaks $96,000 for first time on optimism over Trump crypto plans

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bitcoin

Bitcoin’s march toward $100,000 made further ground on Thursday as investors bet a friendlier US regulatory approach to cryptocurrencies under President-elect Donald Trump will unleash a boom era for the asset class. Bitcoin prices topped $96,000 for the first time in Asia trade, touching a high just above $96,898. The cryptocurrency’s price has more than doubled this year and is up about 40 per cent in the two weeks since Trump was voted in as the next US president and a slew of pro-crypto lawmakers were elected to Congress. “While it’s now firmly into overbought territory, it is…

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Nepra: Consumers Lose Rs 60 Billion Benefit Due to NJHPP Shutdown, Kanupp Debt Re-Profiling

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NEPRA-KE

ISLAMABAD: The National Electric Power Regulatory Authority (Nepra) revealed that a projected financial benefit of Rs 60 billion could not be passed on to consumers of Discos and K-Electric (KE) during the first quarter of FY 2024-25. The shortfall stemmed from the closure of the 969 MW Neelum Jhelum Hydropower Project (NJHPP) and debt re-profiling of the Karachi Nuclear Power Plant-2 (Kanupp), both of which hindered the availability of cost-effective electricity. During a public hearing on quarterly tariff adjustment (QTA) for the period, Nepra officials highlighted that the under-recovery of…

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CASA-1000 Power Transmission System: Key Stakeholders Convene in Turkiye

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power-subsidy

ISLAMABAD: The Joint Working Group (JWG) on CASA-1000 is meeting representatives from the World Bank, international financial institutions (IFIs), and donors on November 21-22, 2024, in Istanbul, Turkiye. The discussions aim to address critical issues hindering the completion of the CASA-1000 power transmission system, sources informed Business Recorder. Project OverviewInitiated in 2006 and formalized through agreements in 2008, CASA-1000 facilitates the transportation of surplus electricity from Kyrgyzstan and Tajikistan to Afghanistan and Pakistan during May-September. The system also includes bi-directional capabilities for energy transmission from Pakistan to Central Asian Republics…

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Pakistan Unveils Carbon Market Policy to Boost Green Investment

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Climate-Change

KARACHI: Pakistan has introduced a groundbreaking framework to operationalize carbon markets, emphasizing its commitment to global climate goals and sustainable development. The newly finalized Carbon Market Policy was launched during the high-profile event ‘Launch of Pakistan’s Carbon Market Policy & Panel on Coordinated Access to Net Zero Development Financing Through Paris-Aligned Carbon Markets’ at COP29 in Baku. Cabinet approval is anticipated next month. The policy provides a regulatory framework to attract green investments and accelerate Pakistan’s shift to a low-carbon economy. Coordinator to the Prime Minister on Climate Change, Romina…

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