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Friday, June 22nd, 2018

 

Trillions of Dollars in Investments Needed in Oil, Says OPEC

The required global oil sector investment in OPEC’s World Oil Outlook is estimated to be $10.5 trillion JUN 22. 2018: Given the pace of global economic development, oil demand is strong, but major investments are needed to keep up, the president of OPEC said Friday. Ministers from the Organization of Petroleum Exporting Countries wrap up regular meetings in Vienna on Saturday. Early Friday, ministers agreed to put more barrels on the market daily to offset shortages from members like Venezuela. Speaking at the start of Friday’s summit, Emirati Energy MinisterRead More


Govt. Adopts Combined Regulation To Fight Money Laundering, Terror Financing

Financial institutions are required to identify the ultimate beneficial owner, who is a natural person, of all legal persons and legal arrangements before offering their services to them JUN 22, 2018: The government on Wednesday adopted new regulations to fight money laundering and terror financing and to comply with Financial Action Task Force’s (FATF) guidelines, a global financial watchdog that recently placed Pakistan on its gray list for its inability to choke money laundering and terror financing. FATF meeting is being held from June 24 thru 29 in Paris. Pakistan’sRead More


Keeping Out Dual Nationals From Project Democracy: Re-Think Is Needed

Dual nationals should not be demonized IT is an emotional topic and has some roots in a narrow constitutional exclusion that the superior judiciary has interpreted as an absolute bar, but it is an issue that deserves closer examination. The law as interpreted by the Supreme Court bars the elected representatives of the people, in parliament, the provincial assemblies and the presidency, from holding dual nationality. While the law does permit Pakistani citizens to also be citizens of certain other countries, the weight of public and official opinion appears toRead More


3 Out Of Four Americans Say Immigration Is Good For The Country: Gallup

Most Americans against constructing more border walls JUN 21, 2018: A record-high 75 percent of Americans think immigration is a good thing for the United States, results from a new Gallup Poll indicate. Support for immigration spanned the political spectrum, as 80 percent of Republicans and 92 percent of Democrats said legal immigration is good for the U.S.. Nineteen percent of the public thinks immigration is bad, according to the study released Thursday. Also noted in the poll, fewer Americans want less immigration. A record-low number of those polled, 29Read More