Category: Highlights

AUSTRALIA-PAKISTAN TIES MORE THAN JUST CRICKET!

Admin

Pakistan is a cricket-crazy nation of 225 million people. When the word “Australia” is mentioned, senior citizens reflect on how they were over-awed by Richie Benaud, Dennis Lillee, and Neil Harvey. Today, the Pakistani youth is über-impressed with such Australian cricket stars as Aaron Finch, David Warner, and Mitchell Starc. However, the relationship between Australia and Pakistan is just restricted to playing cricket with each as there are other deeper and mutually beneficial ties between the countries as well. For Pakistani students, Australia has a favorable policy. For instance, as…

Read More

IMF delegation to meet Dar on sidelines of Geneva conference: spokesperson

Admin

A delegation of the International Monetary Fund (IMF) will meet Finance Minister Ishaq Dar on the sidelines of the upcoming Geneva conference to “discuss outstanding issues”, the lender’s spokesperson said on Sunday. The International Conference on Climate Resilient Pakistan will be held in Geneva on January 9 (Monday). The event will be co-hosted by the Government of Pakistan and the United Nations. It aims to bring together government representatives, leaders from the public and private sectors and civil society to support the people and the government after the devastating floods…

Read More

Where Are Oil Prices Heading In 2023?

Admin

At the beginning of 2023, several factors are at play in determining the short and medium-term trend in oil prices this year. Supply and demand concerns, tightening monetary policy globally, expectations of a material slowdown in economic growth and possible recessions, and China’s reopening with a Covid exit wave are all impacting crude oil prices.    During the first week of the year, oil prices tumbled by 9% in the first two trading days for the worst start to a year since 1991. The price of Brent Crude dipped to below year-ago levels…

Read More

Energy markets start 2023 with biggest weekly dive in years

Admin

Energy futures for crude oil, refined products and natural gas have plummeted in the new year as traders reconsidered near-term worries over cold weather and fears of supply shortages and dumped contracts. Prices rose last year on worries of Europe freezing due to the loss of Russian fuel, as OPEC+ cut production targets and as critically low U.S. distillate stocks raised the prospect of fuel export curbs. Those fears have proven overblown, driving prices down. European gas stocks are well above seasonal norms, Saudi Aramco this week cut prices for…

Read More

Spatial integration framework of solar, wind, and hydropower energy potential in Southeast Asia

Admin

Amid its massive increase in energy demand, Southeast Asia has pledged to increase its use of renewable energy by up to 23% by 2025. Geospatial technology approaches that integrate statistical data, spatial models, earth observation satellite data, and climate modeling can be used to conduct strategic analyses for understanding the potential and efficiency of renewable energy development. This study aims to create the first spatial model of its kind in Southeast Asia to develop multi-renewable energy from solar, wind, and hydropower, further broken down into residential and agricultural areas. The…

Read More