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PML-N govt committed to progress, prosperity of Pakistan-Government to generate 10000 MW of electricity by 2018
PM has commended the pace of work of the under-completion of 1180-MW LNG-fueled power plant in Bhikki. He appreciated the savings made in completion of the project. Addressing people of the area after his visit, the PM said the “No other government in the past bothered to work on motorways. However, the present government is now working on Lahore Karachi Motorway speedily.”
Earlier, Prime Minister visited different sections of the power plant and lauded quality and pace of the work. Speaking on the occasion, Punjab Chief Minister Shahbaz Sharif said that work is being completed speedily at Bhikki, Haveli Bahadur Shah and Balloki power plants. He said that these power plants are exemplary for their speed and transparency.
Pakistan to become 20th largest economy by 2030: PWC report
Pakistan to become the 20th largest economy among 32 peers by 2030 and will further grow to become the 16th largest by 2050, stated a report by PricewaterhouseCoopers (PwC), one of the world’s largest professional services firms. The report titled, ‘The Long View: How will the global economic order change by 2050?’ said that emerging markets will dominate the world’s top 10 economies in 2050 with China continuing to lead the pack. It projected GDP for 32 of the largest economies in the world, which together currently account for around 85% of global GDP. Pakistan and Egypt are set to overtake Italy and Canada by 2040, it said.
Israel settler law angers world powers, US silent
Israel faced international criticism on Tuesday over a new law allowing the appropriation of private Palestinian land for Jewish settler outposts, although the United States remained notably silent. Britain, France, the United Nations and Israel’s neighbour Jordan were among those coming out against the legislation passed late on Monday. France called the bill a “new attack on the two-state solution,” while Britain said it “damages Israel’s standing with its international partners”. Turkey “strongly condemned” the law and Israel’s “unacceptable” settlement policy and the Arab League accused Israel of “stealing the land and appropriating the property of Palestinians.”
The law, which passed 60 to 52 in its final reading, will allow Israel to legally seize Palestinian private land on which Israelis built outposts without knowing it was private property or because the state allowed them to do so.
China invites Britain to attend new Silk Road summit
China has invited British Prime Minister Theresa May to attend a major summit in May on its "One Belt, One Road" initiative to build a new Silk Road, diplomatic sources told Reuters, as London said she would visit China this year. "One Belt, One Road" is Chinese President Xi Jinping's landmark programme to invest billions of dollars in infrastructure projects including railways, ports and power grids across Asia, Africa and Europe. China has dedicated $40 billion to a Silk Road Fund and the idea was the driving force behind the establishment of the $50b China-backed Asian Infrastructure Investment Bank.
China says Indian bid to ban Masood Azhar ‘lacks consensuses”
Chinese foreign ministry on Wednesday cited ‘lack of consensus’ to enforce UN-led ban on Jaish-e-Mohammed chief Masood Azhar.
The US had moved a proposal backing India’s application to have JeM chief included in a UN list of designated terrorists. China blocked the move earlier this month. Responding to questions on the issue, foreign ministry spokesman Lu Kang responded “conditions had not been met and consensus had not been forged for China to back the move.”