Author: Admin

Breathe Pakistan Conference Kicks Off in Islamabad to Tackle Climate Change

Admin
Breathe-Pakistan

Islamabad is set to host a two-day international climate conference under DawnMedia’s ‘Breathe Pakistan’ initiative, beginning today at the Jinnah Convention Centre. The event brings together national and international experts to discuss viable solutions for climate resilience and mobilizing climate finance. The conference aims to position Pakistan as a climate-resilient nation by 2047 through collaboration with South Asian countries. Experts will address challenges such as rising temperatures, erratic weather patterns, water scarcity, and frequent natural disasters. Key Sessions and Speakers A session on climate finance will feature Finance Minister Muhammad…

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Sindh, China Strengthen Economic Ties with Focus on Infrastructure, Energy, and KCR

Admin
China

Beijing Feb 5 Sindh, China Strengthen Economic Ties with Focus on Infrastructure, Energy, and KCR In a significant step towards economic cooperation, a high-level delegation from the Sindh government, led by Chief Minister Syed Murad Ali Shah, met with top executives of Chinese companies in Beijing on February 5. The meetings focused on major infrastructure and energy projects, paving the way for enhanced bilateral partnerships. The delegation included Senior Minister Sharjeel Inam Memon, Provincial Minister Syed Nasir Hussain Shah, Senator Saleem Mandviwalla, and Pakistan’s Ambassador to China, Khalil Hashmi. Key…

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Simple Code Changes Could Cut Data Centre Energy Use by 30%, Study Finds

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New-Project42

Feb 4 (TechRepublic) – Researchers at the University of Waterloo, Canada, have discovered that data centres could slash energy consumption by up to 30% with a minor tweak—rewriting just 30 lines of code in the Linux kernel’s network stack. The study highlights inefficiencies in how servers handle incoming network traffic, paving the way for major energy savings. Optimizing CPU Efficiency with Interrupt Request SuspensionThe breakthrough hinges on interrupt request (IRQ) suspension, a technique that enhances CPU efficiency by reducing unnecessary disruptions during peak network traffic. Normally, when a data packet…

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Oil Prices Slip as U.S. Pauses Tariffs on Mexico, Canada; OPEC+ Supply Outlook Weighs

Admin
Oil prices

Feb 4 (Reuters) – Oil prices fell on Tuesday after U.S. President Donald Trump delayed a decision on steep tariffs for Mexico and Canada, the country’s largest foreign oil suppliers. Meanwhile, concerns over increased OPEC+ production from April added further pressure to prices. Market Movement: Brent crude declined 50 cents (0.7%) to $75.46 per barrel by 0432 GMT.U.S. West Texas Intermediate (WTI) crude dropped 89 cents (1.2%) to $72.27 per barrel.The tariff pause comes after Canadian Prime Minister Justin Trudeau and Mexican President Claudia Sheinbaum agreed to tighten border enforcement…

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Pakistan Secures $1.2 Billion Saudi Oil Facility as Inflation Hits Nine-Year Low at 2.4%

Admin
Saudi-Oil

Islamabad: In a significant development aimed at stabilizing Pakistan’s economy and ensuring a steady supply of petroleum products, the Kingdom of Saudi Arabia (KSA) has signed a Memorandum of Understanding (MoU) with Pakistan for a $1.2 billion Saudi Oil Facility (SOF) for one year. Under the agreement, Saudi Arabia will provide Pakistan with deferred oil payments at a 6% markup, with the facility expected to become operational in March 2025. This arrangement will help Islamabad meet its external financing obligations under the International Monetary Fund’s (IMF) $7 billion Extended Fund…

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