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Minister opens Clean and Green Pakistan drive

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green pakistan

LAHORE: Punjab Minister for Transport Jahanzeb Khan Khichi Thursday said that Pakistan would emerge as the new Switzerland of South Asia due to the clean & green campaign.
Addressing a ceremony arranged in connection with Clean & Green Pakistan campaign here at Daanish School of Vehari, he said: “the people should actively participate to make it a success because neat & clean environment depicts civilized nations.” The minister inaugurated the campaign by planting a tree while students from different schools and colleges planted 5,000 saplings. In his address, the minister stressed the need for a clean environment for the younger generations, adding that trees were very vital as they gave oxygen, store carbon and also gave life to the wildlife. The ceremony was also attended by MNA Aurangzeb Khan Khichi, MPA Ali Raza Khakwani, Chairman District Council Peer Ghulam Mohyuddin Chishti and Deputy Commissioner Irfan Ali Kathia.

 

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Economy

Nahakki Tunnel opened for traffic

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TUNNEL

ISLAMABAD: The 745-meter-long Nahakki Tunnel has been completed in Mohmand Agency.
The tunnel has been opened for all kinds of traffic as well. Locals talking to a private news channel said after the construction of the tunnel, traveling of five hours has been reduced to merely 2.5 hours.
People said they were happy with this infrastructure as it would facilitate them in traveling and save time.

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Asia

Turkey hits out at Moody’s after credit rating cut

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Moodys

ANKARA: Turkey on Saturday lambasted Moody’s ratings agency after it cut Ankara’s credit rating further into junk territory, saying the downgrade raised concerns over the institution’s “objectivity and impartiality”.
The agency downgraded the long-term debt rating to B1 from Ba3 and said it maintained the negative outlook for Turkey, in a statement late Friday.
Although the country had a “large, diverse economy” and government debt was low, Moody’s said this was outweighed increasingly by “continued erosion in institutional strength and policy effectiveness on investor confidence”.
But the Turkish treasury and finance ministry said the move was “incompatible with the Turkish economy’s fundamental indicators”.
“As a result, this raises questions over the objectivity and impartiality of the body’s analyses,” the ministry added in a statement.
It pointed to rising tourism revenues, falling inflation, and a new judicial reform package as examples of “very positive developments that we sadly see are being ignored”.
The Turkish economy entered into recession for the first time in a decade last year following a currency crisis in the summer amid tensions with the United States.

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Economy

Russia warns against ‘hasty conclusions’ over tanker attacks

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Russia Iran

MOSCOW: Russia warned Friday against jumping to conclusions over the attacks on two oil tankers in the Gulf of Oman after US President Donald Trump blamed them on Iran.
“We consider it necessary to refrain from hasty conclusions,” the Russian foreign ministry said, calling for a thorough international investigation.

A relevant piece published earlier: 

Trump blames Iran in tanker blasts

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