Pakistan to face severe water shortage

NATIONAL – Engr. Mumtaz Ahmed Khan, Chairman of Kalabagh dam movement said Pakistan is leading towards severe water shortfall as Indian government has decided to construct seven dams on rivers running into Pakistan for held Kashmir.

He said that Pakistan has the right to contradict Indian dam projects as well fighting Kishanganga project because its diversion will dilute more than 20 percent of the power production capacity of the 975 megawatts (MW) Neelum-Jhelum power project on the same river downstream Muzaffarabad in Azad Kashmir. Ha also said that Pakistan has sheer rights on these rivers, as it falls in Pakistan and under the Indus Water Treaty India is breaching the agreement. He said the government should raise voice on an international platform so that Indian government cannot breach the contract by building dams on the river flowing into Pakistan. He further said that the country is moving forward blindly and will have to face severe water deficit in the near future because of poor water management and storage capacity.
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LSE officials met students

LAHORE — Students of University of Central Punjab visited the Lahore Stock Exchange where they were given perceptiveness about practical aspects of the financial institutions by industry professionals which was part of the nationwide Campus Outreach Program founded by the LSE.

The platform is part of the Financial Literacy Initiative for promotion of financial skills and knowledge of common citizens, and to promote broader comprehension in the financial system. As part of the Program, instructive institutions are joining hand with LSE to take part in series of sessions on financial literacy. The purpose of visit was to permit the students to move with several financial industry practitioners in a stock exchange setting and get an opportunity to inspect different financial institutions all at one location. The jury of professionals included Mr. Zafar Iqbal from Central Depository Company (CDC) and Mr. Waqas Ahmad Khan Senior Manager, from Askari Investment Management along with LSE officials. Mr. Zafar Iqbal instructed the students on the need for setting up CDC and various facilities being offered by CDC not only to add efficiency but also for increased transparency & investors trust. Mr. Waqas Ahmad Khan also dealt the students and communicated them about local mutual funds industry and products being offered. He informed the students that mutual funds could be an effective approach for people to begin investments offering risk diversification and good returns through professional fund management. Mr. Nadeem Asghar, Head of Investors Relation-LSE also conveyed words to the students about various investment opportunities and market dynamics.

Doctors must differentiate in healing and curing

ISLAMABAD — Dr. Nadir Ali Syed, an eminent Consultant Neurologist and previous Head of Neurology Department at Agha Khan University Hospital, Karachi has appealed the young doctors to differentiate between healing and curing.
He added that curing is to handle a disorder in the body but healing the disease conducts the patient to live a full life. We need to think of the patient as the ultimate focal point of all our efforts. He was speaking to the participants of 6th annual neurology research day coordinated at Shifa International Hospital (SIH) on Monday. A large number of doctors, postgraduate residents of neurology departments from different hospitals of the twin cities and senior consultants accompanied the event. The aim of carrying annual research day was to encourage neurological research in the country. Head Neurology Department SIH Dr. Arsalan Ahmad and Consultant Neurologist Dr. Maimoona Siddiqui organized the event.

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Pakistan shortly bans Twitter

NATIONAL – Pakistan banned access to Twitter on Sunday because of “blasphemous” material but normal service was resumed after 12 hours.

The government did not define which users or messages had motivated the ban on the micro-blogging site or why it was permitted to access again so promptly. Any representation of the Prophet Mohammad (S.A.W.) is viewed as un-Islamic and blasphemous by many Muslims, who make up the overwhelming bulk in Pakistan. Pakistan blocked access to Facebook in May 2010 for nearly two weeks because of users conducting a competition on drawing Mohammad. Twitter, YouTube and about 1,000 other websites were also stopped for carrying blasphemous content. The Internet Service Providers Association of Pakistan said its members had been asked to block Twitter indefinitely, but no reason was provided by the government. Interior Minister Rehman Malik, an regular Twitter user, said on the website Sunday night that he had interfered and demanded the prime minister to order an end to the ban.

How much the currency rate is important?

A currency exchange rate can be considered as the value of one country’s currency in terms of another currency. The monetary values of various currencies are decided by the foreign exchange market. Foreign exchange market is a financial market for merchandizing currencies. With the help of foreign currency rate countries assist international trade and investment among various international buyers and sellers. These services are rendered by the foreign exchange market. A wide range of factors affect the international forex rates. These factors include change in prices, national and international trade, capital movements, speculations, economic strength, government policies, stock exchange operations, political factors, etc. Moreover, even the value of currency of a country keeps varying which also results in the variation of foreign exchange rates.

1 of 3 people worldwide has high BP

GLOBAL – The United Nations data represents that globally one in three adults has high Blood Pressure (hypertension) and this condition affects about half of adult population in Africa.
 
The released health data gives clear evidence of the increase in chronic diseases like diabetes and heart disease from developed nations to poorer regions such as Africa, as lifestyles and diets changes there. World Health Organization (WHO) said in an annual report on global health that ten percent of adults worldwide have diabetes which costs them billion of dollars and puts them on the verge of severe diseases such as heart disease, kidney failure and blindness.

Most deaths occur in middle income countries.  The inveterate diseases like diabetes, heart disease and cancer are often believed of as maladies which chiefly affect people in moneyed nations, where high fat diets, alcohol consumption and smoking are major health risks but the WHO said nearly 80% of deaths from such diseases now occur in low- and middle-income countries. WHO’s director general Margaret Chan said, “This report is further evidence of the dramatic increase in the conditions that trigger heart disease and other chronic illnesses, particularly in low- and middle-income countries, in some African countries, as much as half the adult population has high blood pressure.”

USAID project to create 1.3m jobs

KARACHI — Andrew Sisson Mission Director USAID (United States Agency for International Development) has stated that various agribusiness projects will create 1.3 million jobs.
 
The projects will be funded by the American people and enforced by the Agribusiness Support Fund (ASF). Andres Sisson signed a memorandum of understanding with Sindh Enterprise Development Fund (SEDF) on behalf of USAID’s ASF to assure the cooperation in the fields of agriculture & agribusiness with the due concentration on small and medium size enterprises. He noted that though 21% GDP, 44% labour force & 70% of Pakistan’s exchange profits was associated with agriculture. He stressed the need to adopt new agricultural techniques and technological conception. He also informed that USAID has just signed an agreement with HEC to set up three centers in three universities for agriculture, water and energy studies (these universities would be linked with American universities so that they could share knowledge).