mi Kate Middleton seizes opportunity for Royal guidance, after Meghan's alleged snub By www.thenews.com.pk Published On :: Tue, 12 Nov 2024 19:50:00 +0500 Princess Kate has found a trusted mentor in the Duchess of Edinburgh, Sophie, 59, as she adjusts to her new role as Princess of Wales. Royal biographer Claudia Joseph revealed that Kate "jumped at the chance" to be mentored by Sophie, describing her as a "tower of strength" and a reliable... Full Article
mi Queen Camilla supports Prince William to seek encouragement from followers By www.thenews.com.pk Published On :: Tue, 12 Nov 2024 21:31:00 +0500 Queen Camilla has sparked a surge of support for a cause close to her heart, following in the footsteps of Prince William with a powerful new documentary. Her Majesty The Queen: Behind Closed Doors, which aired on ITV on Monday evening, offered a deeply personal look at her first year as... Full Article
mi Chris Evans reflects on becoming a father, celebrating Christmas with Alba By www.thenews.com.pk Published On :: Tue, 12 Nov 2024 22:20:29 +0500 Chris Evans hopes to become a great dad somedayChris Evans has recently discussed about fatherhood and marital relation with Alba Baptista. Speaking at upcoming Red One movie premiere on November 11, Evans responded to the question about becoming a superhero father like his co-star Dwayne Johnson... Full Article
mi Nicole Kidman flaunts her curly hair at 'Spellbound' premiere By www.thenews.com.pk Published On :: Tue, 12 Nov 2024 22:22:00 +0500 Nicole Kidman shared she was afraid to sing in the movie. Nicole Kidman brought back her iconic '90s look with her curly hair.The 57-year-old was spotted flaunting her strawberry blonde curls at the Spellbound premiere on November 11th. The American and Australian actress stunned in a... Full Article
mi Dwayne Jonhson once claimed he would surpass Will Smith, George Clooney By www.thenews.com.pk Published On :: Wed, 13 Nov 2024 00:03:00 +0500 Dwayne Johnson has since easily surpassed both Hollywood A-ListersDwayne Johnson had big Hollywood dreams from the get-go. In an interview with GQ Magazine published Monday, November 12, the wrestler-turned-Hollywood-star recalled declaring early in his career that he would one day surpass the... Full Article
mi Machine Gun Kelly has 'no connection' with Austin Green amid Megan Fox pregnancy By www.thenews.com.pk Published On :: Wed, 13 Nov 2024 08:32:00 +0500 Megan Fox's current beau Machine Gun Kelly is in “no relationship” with the actress’ ex-husband Brian Austin Green, as the couple expect their first baby together.According to TMZ, MGK and Green have had little to no contact over the past two years, with sources saying that the... Full Article
mi Queen Camilla makes first statement after missing key royal event By www.thenews.com.pk Published On :: Wed, 13 Nov 2024 09:28:00 +0500 Queen Camilla makes first statement after missing key royal eventQueen Camilla marked her comeback to royal duties after she was forced to miss an important event on the royal calendar on doctor’s advice.A week after palace had cancelled her scheduled engagements, Camilla on Tuesday attended... Full Article
mi Ariana Grande expresses admiration for 'amazing' beau Ethan Slater By www.thenews.com.pk Published On :: Wed, 13 Nov 2024 10:01:59 +0500 Ariana Grande praises her ‘adorable’ beau Ethan SlaterAriana Grande has recently expressed her admiration for beau and adorable Wicked co-star Ethan Slater.Speaking to Entertainment Tonight at Wicked press tour in Los Angeles over the weekend, the pop star praised Ethan for his... Full Article
mi Tom Brady admits “screwing up” as a father, “a lot” By www.thenews.com.pk Published On :: Wed, 13 Nov 2024 10:14:00 +0500 Tom Brady on fatherhoood Tom Brady finds being a father the “hardest job,” one he admits he is not good at.The former NFL star accepted the fact that he didn't always give his best being a father to son Jack, 17, whom he shares with ex Bridget Moynahan, as well as son Benjamin,... Full Article
mi Palace issues message after Queen Camilla cancels another engagement By www.thenews.com.pk Published On :: Wed, 13 Nov 2024 10:32:00 +0500 Queen Camilla issues statement after cancelling another event amid recoveryQueen Camilla returned to her public duties on Tuesday after doctor’s instructed her to cancel scheduled events due to her health condition.A week after Palace issued a statement about her “seasonal chest... Full Article
mi Transforming Africa with the Power of Education By www.ipsnews.net Published On :: Fri, 01 Nov 2024 09:34:29 +0000 Africa Youth Day Statement by Education Cannot Wait Executive Director Yasmine Sherif Full Article Africa Armed Conflicts Climate Change Economy & Trade Education Education Cannot Wait. Future of Education is here Headlines Migration & Refugees TerraViva United Nations Education Cannot Wait (ECW) IPS UN Bureau
mi Is India Phasing Out Fossil Fuels Fast Enough To Achieve Its Emission Targets? By www.ipsnews.net Published On :: Mon, 04 Nov 2024 03:28:36 +0000 While India continues to rely heavily on coal, the south Asian economic giant is also aggressively pushing renewable energy production, especially after the costs of renewable energy production have fallen drastically in recent years around the world. But experts say that India—the world’s third largest emitter of greenhouse gases (GHGs)—has to face many headwinds for […] Full Article Asia-Pacific Climate Change Conferences COP29 Economy & Trade Editors' Choice Environment Featured Headlines Sustainable Development Goals TerraViva United Nations India IPS UN Bureau IPS UN Bureau Report
mi Navigating the Waves: Strengthening Tsunami Preparedness in a Changing Climate By www.ipsnews.net Published On :: Mon, 04 Nov 2024 09:37:45 +0000 This year’s World Tsunami Awareness Day presents a moment of reflection 20 years on from the catastrophic Indian Ocean Tsunami in 2004. The tsunami resulted in 225,000 fatalities across 14 countries and emphasized the urgent need for effective tsunami preparedness, especially in the face of growing climate change challenges. Rising sea levels, increased ocean temperatures, […] Full Article Climate Action Climate Change Environment Global Headlines Human Rights Humanitarian Emergencies Small Island Developing States Sustainable Development Goals TerraViva United Nations IPS UN Bureau
mi Azerbaijan’s Climate Conference Brings a Mild Autumn for Armenians By www.ipsnews.net Published On :: Mon, 04 Nov 2024 14:04:59 +0000 On December 12, 2022, a group of Azerbaijani environmentalists blocked the only road connecting Armenia with the Nagorno-Karabakh enclave. The news went largely unnoticed by mainstream media, perhaps because it was difficult to understand. How could a group of so-called environmental activists block the free movement of people and basic supplies? And where, exactly, is […] Full Article Environment Europe Headlines Human Rights TerraViva United Nations Armenia Azerbaijan
mi UN Climate Summit Needs Action – not a COP-Out By www.ipsnews.net Published On :: Fri, 08 Nov 2024 08:16:56 +0000 The Paris Agreement on climate change is a decade old this month. While there has been progress – with new net zero pledges and new technological solutions, we are still grappling with the reality that global temperatures continue to soar. 2023 was the hottest year ever on record. This alarming trend poses grave consequences for […] Full Article Climate Action Climate Change Editors' Choice Environment Featured Global Headlines Human Rights Humanitarian Emergencies Small Island Developing States Sustainable Development Goals TerraViva United Nations IPS UN Bureau
mi Farming in Crisis: Suicides and Climate Change Threaten India’s Agrarian Future By www.ipsnews.net Published On :: Mon, 11 Nov 2024 12:51:44 +0000 “Farming is in my blood, and I can’t imagine doing anything else,” said Mahim Mazumder, a farmer from Assam. “Even though the past three to five years have seen drastic changes—with temperatures rising so much that even sitting under a tree no longer offers relief—I will keep farming, even if it only yields a small […] Full Article Asia-Pacific Climate Change COP29 Environment Featured Food and Agriculture Headlines Human Rights Sustainable Development Goals TerraViva United Nations India IPS UN Bureau IPS UN Bureau Report
mi Mostly sunny and mild over next two days By cyprus-mail.com Published On :: 2024-11-13T07:54:48+02:00 Wednesday will be mainly sunny in most areas with a chance of isolated afternoon rains, mainly in the mountains and in the south. Temperatures will rise to 25C inland and on the coasts and 14C in the higher mountains. Winds will be mainly south-to north-westerly, light to moderate, up to 4 Beaufort. The sea will […] Full Article Cyprus Cyprus weather report
mi Trump 2.0: Elon Musk and anti-‘woke’ Fox News host Pete Hegseth nominated for key posts By cyprus-mail.com Published On :: 2024-11-13T08:01:25+02:00 U.S. President-elect Donald Trump on Tuesday named Elon Musk to a role aimed at creating a more efficient government, handing even more influence to the world’s richest man who donated millions of dollars to helping Trump get elected. Pete Hegseth, a Fox News commentator and veteran has been picked for the post of secretary of state. […] Full Article USA
mi 8th Greater Mekong Subregion Summit, Plenary Session - Masatsugu Asakawa By www.adb.org Published On :: 2024-11-07 Remarks by Masatsugu Asakawa, President, Asian Development Bank, at the 8th Greater Mekong Subregion Summit, Plenary Session, 7 November 2024 Full Article
mi 8th Greater Mekong Subregion Summit, Leaders' Retreat - Masatsugu Asakawa By www.adb.org Published On :: 2024-11-07 Remarks by Masatsugu Asakawa, President, Asian Development Bank, at the 8th Greater Mekong Subregion Summit, Leaders’ Retreat, 7 November 2024 Full Article
mi 23rd Ministerial Conference of the Central Asia Regional Economic Cooperation Program - Masatsugu Asakawa By www.adb.org Published On :: 2024-11-08 Keynote address by Masatsugu Asakawa, President, Asian Development Bank, at the 23rd Ministerial Conference of the Central Asia Regional Economic Cooperation Program, 8 November 2024 Full Article
mi Senior Administration and Communications Assistant By www.adb.org Published On :: 2024-11-12 ADB has a vacancy for the position of Senior Administration and Communications Assistant in the Strategy, Policy and Partnerships Department. The deadline for submitting applications is on 26-NOV-2024. Full Article
mi Senior Country Economist By www.adb.org Published On :: 2024-11-12 ADB has a vacancy for the position of Senior Country Economist in the Southeast Asia Department. The deadline for submitting applications is on 26-NOV-2024. Full Article
mi Asian Development Blog: Five Strategic Steps to Unlock Armenia’s Data Center Potential for Economic Growth By www.adb.org Published On :: 2024-10-16 Armenia's data center industry offers significant opportunities for economic growth, with strategic reforms in regulation, financing, and technological innovation playing crucial roles. Addressing infrastructure challenges and fostering public-private partnerships will help position Armenia as a regional digital hub. Full Article
mi Colorado Democrats set to keep House supermajority, miss threshold in Senate By www.denverpost.com Published On :: Tue, 05 Nov 2024 22:48:15 +0000 Colorado Democrats looked set to maintain their supermajority in the state House as of Wednesday afternoon, though they fell short of reaching the same threshold in the Senate. Full Article Election Latest Headlines National News News Politics Colorado Politics Democrats Election 2024 National Politics Republicans state legislature
mi Trump on Day 1: Begin deportation push, pardon Jan. 6 rioters and make his criminal cases vanish By www.denverpost.com Published On :: Sun, 10 Nov 2024 13:05:23 +0000 Donald Trump has said he wouldn’t be a dictator — “except for Day 1.” According to his own statements, he’s got a lot to do on that first day in the White House. Full Article Latest Headlines National News News Politics Donald Trump National Politics
mi Elon Musk’s PAC spent an estimated $200 million to help elect Trump, AP source says By www.denverpost.com Published On :: Mon, 11 Nov 2024 22:59:05 +0000 Elon Musk’s super PAC spent around $200 million to help elect Donald Trump, according to a person familiar with the group’s spending, funding an effort that set a new standard for how billionaires can influence elections. Full Article Latest Headlines National News News Politics Donald Trump Elon Musk National Politics Super PAC
mi A pair of Trump officials have defended family separation and ramped-up deportations By www.denverpost.com Published On :: Tue, 12 Nov 2024 14:10:26 +0000 Trump’s first picks for immigration policy jobs spent the last four years angling for this moment. Full Article Latest Headlines National News News Politics Customs and Border Protection Donald Trump Immigration and Customs Enforcement National Politics Stephen Miller
mi Emirates NBA Cup 2024 schedule for the Denver Nuggets By www.denverpost.com Published On :: Tue, 12 Nov 2024 23:40:53 +0000 The Nuggets are the top seed in Group C in the Western Conference. Full Article Denver Nuggets Latest Headlines NBA Sports More Nuggets News NBA Cup
mi Denver Sen. Chris Hansen takes job in Durango but is mum on timing to resign his seat By www.denverpost.com Published On :: Tue, 12 Nov 2024 23:42:18 +0000 Hansen was comfortably reelected to the state Senate last week, winning 84% of the vote. Full Article Election Latest Headlines Politics Chris Hansen (Politician) Colorado Legislature
mi CSU Rams in unfamiliar territory heading into Border War By www.denverpost.com Published On :: Tue, 12 Nov 2024 23:56:53 +0000 Even though the Colorado State football team has already checked a couple of boxes off its to-do list for this season, the stakes are still as high as ever for Friday night's Border War game against Wyoming. Full Article College Sports Sports csu rams
mi Broncos assistant head coach Mike Westhoff steps down due to health reasons By www.denverpost.com Published On :: Wed, 13 Nov 2024 01:29:04 +0000 Broncos assistant head coach Mike Westhoff, an instrumental figure in the team’s special teams success, is stepping down to monitor a potential health issue. Full Article Denver Broncos Latest Headlines NFL Sports Broncos special teams More Broncos News Sean Payton
mi Morrison police chief Bill Vinelli on leave amid investigation By www.denverpost.com Published On :: Wed, 13 Nov 2024 01:48:28 +0000 “While the investigation takes place, the town will refrain from any additional comment on this matter," according to a press release. Full Article Crime and Public Safety Latest Headlines News Broomfield Police Department domestic violence Morrison Police Department
mi Does Exporting Raise Productivity? Evidence from Korean Microdata By www.adb.org Published On :: Does competition enhance productivity growth of a developing economy? Is global competition conducive to economic development? Answers as evidenced from Korean microdata. Full Article Publications/Papers and Briefs
mi Foreign Direct Investment in South Asia: Policy, Trends, Impact and Determinants By www.adb.org Published On :: South Asia study of foreign direct investments impact in India, Pakistan, Bangladesh, Sri Lanka and Nepal on economic growth, domestic investment, and export; special emphasis on the role of infrastructure. Full Article Publications/Papers and Briefs
mi Export Growth and Industrial Policy: Lessons from the East Asian Miracle Experience By www.adb.org Published On :: This paper examines the causes of export success in East and South East Asia and assesses the role of industrial policy. Full Article Publications/Papers and Briefs
mi Dealing with Dollarization: What Options for the Transitional Economies of Southeast Asia? By www.adb.org Published On :: What should the transitional economies of Southeast Asia do, if anything, to address their multiple currency situations? Full Article Publications/Papers and Briefs
mi Prospects of India–Bangladesh Economic Cooperation: Implications for South Asian Regional Cooperation By www.adb.org Published On :: Bangladesh and India should pursue bilateral economic cooperation to enhance South Asian regional cooperation. Full Article Publications/Papers and Briefs
mi Rice Contract Farming in Lao PDR: Moving from Subsistence to Commercial Agriculture By www.adb.org Published On :: This study finds contract farming in Lao PDR to be effective in raising incomes of small farmers, thus reducing poverty. Full Article Publications/Papers and Briefs
mi Using ICT in Capacity Building for Poverty Reduction in Asia: Lessons Learned from the Microfinance Training of Trainers Course By www.adb.org Published On :: Research on ICT and capacity building for poverty reduction, focusing on lessons learned from a distant learning course in microfinance. Full Article Publications/Papers and Briefs
mi Economic Challenges of Post-Tsunami Reconstruction in Sri Lanka By www.adb.org Published On :: Sri Lanka's post-tsunami reconstruction experience provides lessons for future major disasters, particularly for realistic needs assessment. Full Article Publications/Papers and Briefs
mi Economic and Social Development in the People's Republic of China's North-East Region: a Comparative Study By www.adb.org Published On :: This paper analyses economic and social indicators across provinces in the People's Republic of China. Full Article Publications/Papers and Briefs
mi Nations to submit boosted climate plans at COP29: What’s at stake? By www.dawn.com Published On :: Wed, 13 Nov 2024 08:22:28 +0500 Nations have begun setting carbon-cutting targets for the decade ahead, and how ambitious these pledges are could make or break global efforts to avoid dangerous levels of climate change. Nearly 200 countries are supposed to publish updated climate plans by early February, but so far only three have done so. On Wednesday, the UK became the latest, announcing during the COP29 climate summit in Azerbaijan that it would raise its target to cut greenhouse gas emissions. All eyes will be on other big polluters like China, India, and the United States, though future US climate action is unclear following Donald Trump’s election. Why do they matter? The world has agreed to try and limit global warming to 1.5 degrees Celsius above pre-industrial levels, but is nowhere near on track. Above this threshold, scientists say humanity risks disastrous consequences from volatile weather to major ecological “tipping points” at land and sea. Last month, the United Nations warned that even if all existing plans are implemented in full, temperatures would rise 2.6°C by the century’s end, a catastrophic outcome. The UN says the next round of climate plans must show a “quantum leap” in ambition to avert the worst. The G20 — which accounts for 77 per cent of total greenhouse gas emissions — is under particular pressure to step up. Early movers Just before COP29 opened in Azerbaijan, the United Arab Emirates announced a 47pc reduction in emissions by 2035 compared with 2019 in its updated climate plan. Observers said the roadmap failed to account for exported emissions —including those from its sales of crude oil abroad. Next year’s UN climate host, Brazil, has partly unveiled its plan, increasing its emissions reduction target from a 59pc cut by 2035, from 2005 levels, to a 67pc reduction. It is expected to unveil a more complete plan during COP29. Plans from other major emitters, like the European Union and China, are not expected until next year. And the current US government could soon outline Washington’s new pledge, despite questions over Trump following through once in office. David Waskow, of the World Resources Institute, said it would help guide American cities, states and businesses wishing to continue climate action under Trump. “It also sends an important signal internationally, a set of benchmarks for what the US ought to do,” he added. What do countries need to do? By signing the Paris accord, nearly 200 nations agreed to halt rising temperatures “well below 2°C” and strive for the safer goal of 1.5°C. But it did not prescribe how to get there. The deal left it up to countries to voluntarily chart their own plans and targets, known as Nationally Determined Contributions (NDCs). These include emission reduction targets and measures to achieve them, such as rolling out renewable energy, electrifying transport, and ending deforestation. There is no set template for countries to follow but richer countries —historically the largest emitters — have a responsibility to pledge the deepest emission cuts. The plans must be reviewed every five years, with each update supposed to be more ambitious than the last. This time around countries are expected to improve their 2030 targets and outline economy-wide action they will take to 2035. What’s the aim? An agreement at last year’s COP28 climate summit “encouraged” countries to come forward with plans aligned with halting warming to 1.5°C. To have a hope of meeting that goal, emissions must be slashed 42pc by 2030 and 57pc by 2035, the UN’s Environment Programme said last month. Currently, however, emissions are continuing to rise. Keeping 1.5°C on track would require a collective effort “only ever seen following a global conflict”, it added. Without pulling together “on a scale and pace never seen before… the 1.5°C goal will soon be dead,” said UNEP executive director Inger Andersen. The big moment for assessing progress towards the 1.5°C goal comes at a crunch COP30 climate summit in Brazil next year. What about fossil fuels? Scientists and the International Energy Agency have said that developing new fossil fuel projects is incompatible with halting warming to 1.5°C. But many fossil fuel-producing countries argue that new oil and gas projects will be needed as the world transitions to net zero emissions. Countries are under pressure to outline in their updated plans how they intend to reduce their reliance on fossil fuels, something all nations agreed on at last year’s COP. Header image: This picture taken on November 12 shows a wind turbine at the lignite-fired power station operated by German energy giant RWE near Neurath, western Germany. — AFP Full Article World
mi A summit to nowhere By www.dawn.com Published On :: Wed, 13 Nov 2024 09:36:37 +0500 AFTER silently watching Israel’s genocidal war in Gaza for the past one year, the leaders of the Arab and Muslim countries have once more met in Riyadh to discuss the escalating conflict. The so-called international alliance conceived by Saudi Arabia, with its aim of pressing for the establishment of a Palestinian state, failed to formulate a concrete plan of action to stop the Israeli invasion that has been extended to Lebanon. Interestingly, the resolution issued at the conclusion of the joint summit of the Organisation of Islamic Cooperation and Arab League is restricted to the usual condemnation of Israeli aggression. It doesn’t even plainly describe the ongoing Israeli military action in Gaza, which has killed more than 43,000 people, mostly women and children, as a genocide. There is no suggestion to sever the diplomatic and trade ties with Israel that some of these countries continue to have, despite the war crimes being committed by the Zionist forces. With the complete blockade of the Gaza Strip, more than a million people face death by starvation and disease. Mere condemnation cannot stop Israel’s genocidal war. It is nothing short of a betrayal of the hapless people of Palestine. In fact, the inaction of the Muslim world has given impunity to the Zionist state, which is now threatening to annihilate the entire occupied territory. The latest summit was held a year after a similar gathering in Riyadh. Then, too, the leaders had merely condemned the Israeli military action in Gaza. They could not agree on even a minimum plan of action to stop Israeli atrocities. The OIC-Arab League resolution does not go beyond the usual condemnation of Israel. They did not even leverage their oil and economic capabilities to apply pressure on countries supplying arms to Israel to stop the war. One year of war crimes doesn’t seem to have brought any change in their position, which can be described as capitulation. The resolution is as toothless as the previous one. The most shocking part of the resolution is the decision “to affirm support and express appreciation for the tireless efforts made by the Arab Republic of Egypt and the State of Qatar in cooperation with the United States of America to achieve an immediate and permanent ceasefire in the Gaza Strip… “. It couldn’t get more outrageous given that the ongoing genocide in Gaza is essentially supported by the US. It is massive American military aid that has helped Israel sustain its war. Notwithstanding the occasional rebuke by US officials, there has never been any real American pressure on Israel to implement a ceasefire. In fact, the Biden administration has repeatedly vetoed resolutions in the UN calling for one. Some of the Arab rulers are believed to have tacitly supported what Israel has described as its war against Hamas. Moreover, America has its bases in Arab countries, and concerns have been raised that they could have supplied Israel with weapons to kill Palestinians. These countries have not prohibited the use of these bases. Significantly, the latest summit took place soon after Donald Trump’s victory, which has been hailed by some member countries, prompting observers to conclude that it was meant to send a message to the incoming US administration. It seems that the ‘international alliance’ is now pinning its hopes on the incoming Trump administration to get Israel to agree to a ceasefire and accept the creation of a Palestinian state. For instance, while addressing a Council of Foreign Ministers preparatory meeting a day before the summit, Pakistan’s Foreign Minister Ishaq Dar expressed the hope that the incoming US administration would “lend its weight to reinvigorate efforts for peace in the Middle East”. His remarks show his utter ignorance about Trump’s hard-line approach to the Middle East conflict. Such expectations from the president-elect, who is considered even more pro-Israel than the outgoing Biden administration, are unrealistic. During his election campaign, Trump had called on Israel to finish the offensive and “get the job done”. He has stated that he would “defend our friend and ally in the State of Israel like nobody has ever”. How can one forget that in his previous term he shifted the American embassy to occupied Jerusalem? The move defied Washington’s earlier position of not recognising one of the most sacred of Islam’s holy places as Israel’s capital. In his previous term, Trump had also endorsed Israeli settlements in occupied West Bank, which are illegal under international law. Under the so-called Abraham Accords, he oversaw the establishment of diplomatic relations between Israel, the UAE, Bahrain, and Morocco. Although Saudi Arabia did not enter into such an agreement, it did indicate its willingness to recognise Israel in return for security and economic benefits, though insisting there would be no diplomatic ties without a Palestinian state. Some analysts believe that the Riyadh summit has sent a clear signal to the incoming Trump administration that it can rely on the kingdom as a strong partner in extending American interests in the region. The summit has pushed for greater American leverage in bringing the war to an end. But it is very clear that the incoming Trump administration will not push for the establishment of a Palestinian state as envisaged by the ‘international alliance’. There has been no mention of the two-state solution in his recent statements on the Middle East conflict. Since winning the election, Trump has spoken to the Israeli prime minister more than once. Therefore, it’s not surprising to see the right-wing Israeli government harden its position after Trump’s election. In a recent statement, Israeli Foreign Minister Gideon Sa’ar opposed the establishment of a Palestinian state, saying it was “unrealistic”. Surely the inaction of the Arab and Muslim countries has made things worse for the Palestinians. The joint resolution indicates that these countries do not have any intention of using their leverage to put pressure on Israel and its allies to end the war. The writer is an author and journalist. zhussain100@yahoo.com X: @hidhussain Published in Dawn, November 13th, 2024 Full Article Newspaper
mi Minimum retail price at import stage to make ‘cuppa’ costlier By www.dawn.com Published On :: Wed, 13 Nov 2024 11:19:17 +0500 KARACHI: The Federal Board of Revenue’s (FBR) decision to fix the minimum retail price (MRP) of tea at Rs1,200 per kg for levying sales tax would make the commodity more expensive, warned traders on Tuesday. Pakistan Tea Association (PTA) Chairman Mohammad Altaf said the MRP at the import stage would have an adverse impact of Rs150-300 per kg on imported tea prices. The flat MRP also ignores global tea prices hovering between 0.50 cents to over $3 per kg. Tea is imported in different packaging, with bulk shipments typically weighing more than 5kgs and around/approximately 80kgs. An 18 per cent general sales tax is already charged based on the imported tea. He said before fixing the MRP for sales tax purposes, it is crucial to consider that the definition of “manufacturer” in Section 2(16) of the Sales Tax Act 1990, includes activities such as blending, mixing, processing, and packaging, as clarified in Circular No. 3(11) ST-L&P/2013-94433-R dated July 17, 2019. Based on this, tea imported for these processes qualifies as “raw material”. Tea sellers warn FBR move will incentivise arrival of low-quality product via illegal channels “According to judicial interpretations (e.g., CTO v. Rajasthan Taxchem Ltd., 2007) and definitions in Advanced Law Lexicon, “raw material” includes ingredients necessary for manufacturing. Tea used in blending and packaging clearly falls under this category, he added. Accordingly, sales tax should be based on the import value, as per Subsection 46(f) of Section 2 of the Sales Tax Act, 1990, rather than the minimum retail price, Altaf said. Tea retail prices vary significantly due to numerous factors, including the company, method of sale (open or packaged), product quality, and regional differences. The PTA chief said that the flat MRP rate per kg also does not reflect the prices charged by most traders, manufacturers, and sellers. The imposition of a flat rate per kg would have severe negative consequences for a large portion of the tea trade, which may result in reduced business activity and ultimately lead to a loss of revenue for the national exchequer via misusing several exemptions. Two-thirds of Pakistanis purchase tea at Rs700-950 per kg, reflecting socio-economic and regional price variations. He said that MRP cannot be applied at the import stage as the tea has to follow various value-addition procedures before it is made shelf-ready. “This MRP disrupts the supply chain and eradicates the role of wholesalers and distributors who play a vital role in the business, while MRP at the import stage also eradicates the basic right of commercial imports,” the PTA chief observed. Tea is a part of our daily diet, a staple food item, not a drink. Most people in rural and urban areas consume tea as per their earnings. Further fixing of MRP will incentivise unscrupulous elements to exploit the situation, and thus, import of low-priced teas will find its way through illegal channels, Altaf feared. Published in Dawn, November 13th, 2024 Full Article Business
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