Raipur: Seven Maoists were killed in a gunfight with security forces in Rajnandgaon district of Chhattisgarh on Saturday, police said. The exchange of fire occurred around 6 am in the forest near Sitagota village under Baghnadi police station area, when a team of District Reserve Guard (DRG) was out on an anti-Naxal operation, Deputy Inspector General (anti-Naxal operations) Sundarraj P told PTI. So far, seven bodies along with a huge cache of weapons, including one AK-47, have been found from the spot, he said. Further details are awaited as search operations are still on, he added.
Vladivostok: Prime Minister Narendra Modi on Thursday explained to his Malaysian counterpart Mahathir Mohamad the rationale behind his government’s decision on Jammu and Kashmir and sought the extradition of radical televangelist Zakir Naik, wanted in India for alleged money laundering and inciting extremism.Prime Minister Modi met the Malaysian Prime Minister on the sidelines of the fifth meeting of the Eastern Economic Forum (EEF) held here in the Russian Far East Region. Also Read – Uddhav bats for ‘Sena CM'”Had a great meeting with Tun Dr. Mahathir Mohamad, Prime Minister of Malaysia. We talked about bilateral ties between our nations and ways to further diversify cooperation,” Modi tweeted. Briefing reporters on the meeting, Foreign Secretary Vijay Gokhale said Prime Minister Modi discussed with Mahathir the “reorganisation” and the developments related to Jammu and Kashmir. They growing threat of terrorism also figured in their talks. “Prime Minister Modi explained to Mahathir the rationale behind the reorganisation of the state of Jammu and Kashmir, in terms of both giving effective governance and delivering socio-economic justice. And in that context the two leaders discussed the focus was on terrorism, on how to combat the growing threat of terrorism,” Gokhale said. Also Read – Farooq demands unconditional release of all detainees in J&K”Prime Minister Mahathir acknowledged that terrorism was a global problem and Malaysia is against any form terrorism,” he added. India revoked Jammu and Kashmir’s special status on August 5 and has categorically told the international community that the scrapping of Article 370 was an internal matter and also advised Pakistan to accept the reality. Pakistan is trying to internationalise the Kashmir issue after India’s decision on August 5. After India’s decision on Kashmir, Pakistan Prime Minister Imran Khan telephoned Mahathir and had sought his support on the issue. Prime Minister Modi also raised the issue of Zakir Naik’s extradition during his meeting with Mahathir, Gokhale said. “Both the parties have decided that our officials will stay in contact regarding the matter and it is an important issue for us,” the foreign secretary said. Naik, a 53-year-old radical television preacher, left India in 2016 and subsequently moved to the largely Muslim Malaysia, where he was granted permanent residency. He is wanted by Indian authorities since 2016 for alleged money laundering and inciting extremism through hate speeches. He has been banned from from any public activities in the multi-ethnic country after his remarks against Malaysian Hindus and Chinese on August 8. This is the second meeting between the two leaders, the first was in May last year when Prime Minister Modi called on Mahathir in Putrajaya after the 94-year-old leader won the general election. Gokhale said that the meeting between the two prime ministers was “very warm”. “Modi also described Mahathir’s election as a historic one and said India was looking forward to working with Malaysia,” he added. There was also discussion on trade and ways to diversify the bilateral ties to benefit people in both the countries. “Prime Minister Mahathir acknowledged that there was a growing trade between the two countries, but that Malaysia had a surplus in trade. He assured Prime Minister Modi that while we should grow this trade, Malaysia is looking at ways by which we can balance this trade,” Gokhale said. Prime Minister Mahathir said, Malaysia would consider importing more from India so that India’s exports to Malaysia grow, he said.
Kinder Morgan’s plan to raise money for its Trans Mountain expansion through an initial public offering could not come at a more awkward time.In addition to ongoing protests and federal court challenges, a vote recount in BC could tilt the balance of power, giving the Greens or NDP a chance to bog down the $7.4-billion project. The recount begins Monday.Alberta’s securities regulator is also reviewing Kinder Morgan’s regulatory filings upon a request from Greenpeace, who said it believes the documents overestimate growth in Asian oil demand and don’t go far enough in disclosing climate change-related risks.The energy giant faces a big hurdle in its goal of raising $1.75 billion in what would be one of the biggest IPOs ever on the Toronto Stock Exchange. It is expecting to complete the offering in the last week of this month.Goldman Sachs analyst Theodore Durbin said in a note the IPO move was a “surprise,” since Kinder Morgan management had previously said a joint venture would be preferred.Adam Scott, a senior campaigner with environmental group Oil Change International, said he took it as a sign that the company was struggling to raise funds when it scrapped plans for a joint venture.“There’s still substantial legal risk to the project,” said Scott. “There’s also reputational risk. I think that may be why there’s no equity firms willing to step up and take a chunk.”Kinder Morgan didn’t respond to a request for comment on financing issues, but said it was moving ahead with all aspects of planning for the project. In filings it said the IPO was the “superior path” over the joint venture.Terry Marshall, senior vice-president of corporate finance at Moody’s Investors Services, said there are advantages for Kinder Morgan with the IPO, including maintaining greater control of the project and the profits that would come from it, as well as likely securing a better valuation.“It’s economically a very attractive project,” said Marshall. “It’s just getting it built in this environment is challenging.”Opponents expand campaign against Trans Mountain The Treaty Alliance Against Tar Sands Expansion launched a divestment campaign earlier this month against 17 banks that fund oilsands pipelines. Those banks include CIBC, BMO, Scotiabank, TD Bank and RBC.“I don’t think it scares people away,” said Marshall. “It’s unfortunate, the banks are well aware of it, but I don’t think those protests, in and of themselves, would prevent the financing from being provided.”Still, Jeffrey Harris, founder of venture capital firm Global Reserve Group, said the potential project risks could change the financial picture for some investors.“They change their expected rate of return, and because of that, some projects that may have gotten funding may not get funding because people see it as a little more risky,” said Harris.“I don’t know anybody who says, ‘Oh my God, Canada, don’t go there.’ It’s not that by any means,” he added. “It’s the change in the economics that will attract capital or not.”Robert Johnston, chief executive of political risk consultancy Eurasia Group, said he sees campaigns targeting the financing of Trans Mountain as more of a nuisance than a serious threat.“If the case against Kinder Morgan is that there’s no market in Asia, I think that case would be pretty easy to disprove,” he said.But issues relating to climate change are taking on greater importance at the financial level, Johnston said.“Carbon disclosure is well beyond a hassle. It’s a material risk,” he said. “It’s something companies have to factor into their cost base and be transparent about.”Adnan Amin, director-general of the International Renewable Energy Agency, said the risk of fossil fuel infrastructure becoming stranded assets is increasing with the rapid expansion of renewable energy projects.“Investing in very heavy, long-term expensive infrastructure for the future needs to be reassessed very thoroughly,” said Amin.Kinder Morgan still has yet to render a final investment decision on the project, which would triple the capacity of an existing pipeline from Edmonton to Burnaby, BC. But it has said it is aiming to start construction in September.
Advertisement Advertisement LEAVE A REPLY Cancel replyLog in to leave a comment Facebook In a world where headlines just seem to be getting darker, allow us to give you a little #GoodNews. Over the weekend, the Holland Bloorview Kids Rehabilitation Hospital hosted its second annual All Abilities Fashion Show where children from the hospital modeled local designer, Live Life to the Maks. The day was all about highlighting the “beauty in diversity, positivity and resilience” and showcased 20 kids of various abilities walking and wheeling down the runway. Twitter Login/Register With:
Bahamas Min. Finance vs opposition on Civil servant pay HOA Opens, slew of Health Bills on Agenda; Key questions to Border Control Minister Related Items:clean up, Mosquitoes, politics, premier rufus ewing, residents Recommended for you Facebook Twitter Google+LinkedInPinterestWhatsApp Facebook Twitter Google+LinkedInPinterestWhatsAppProvidenciales, 05 Nov 2015 – The Premier came under fire this morning when he visited Five Cays and encountered residents who told him, directly that ‘he was playing politics’ with their flooding problem. Dr. Rufus Ewing, who is also the Health Minister announced earlier this week that he had decided to be more active in the clean-up of the southern settlement after so many complaints about the standing water still on the ground over a month after Hurricane Joaquin came directly to him.“Where you have situations where the water is not receding, where the treatment from the house owners regarding mosquitoes has not been fully effective, then we make the decision to help the public to see what we can do.” said Premier Hon. Ewing.Nonetheless, the action was not met with open arms by all; though ultimately the work being done now by Public Works should improve conditions in Five Cays. Beaches puts former Premier on blast about controversial pier
Facebook Twitter Google+LinkedInPinterestWhatsApp#Bahamas, February 5, 2018 – Nassau – The Bahamas Government believes that the island of Grand Bahama can become the Tech Hub of the country, that the island with its sound infrastructure and advanced town planning can become a strategic player in the digital revolution.The ideas and words come from Prime Minister, Dr Hubert Minnis who led a delegation to the state of Texas in the US. There were tours of technology giants like Dell… there were bilateral talks with the Governor of the lone star state, Greg Abbott and there was even a session with Houston preacher Joel Osteen and his wife Victoria, who lead Lakewood Church, one of the largest congregations in America.In a telephone interview with the Broadcasting Corporation of The Bahamas, the nation’s chief talked about what he was sharing in those sessions during his whirlwind visit to Texas.“We had a very productive day here in Austin where we met with Austin Technology council, we met with Google representatives, Hewitt Packard, Dell, and others and they made a presentation of the benefits of doing business in the Bahamas and creating a technology hub, especially in Grand Bahama.”The aim is to become the Caribbean’s technology hub and Grand Bahama’s Minister of State, Senator Kwasi Thompson according to PM Hubert Minnis is tasked with following up to make it happen for the nation’s second city.“I met and spoke with the chief commercial officer on the possibilities of future ventures and that will be followed up especially by Minister Kwasi Thompson, who would follow that up with respect to creating such a hub in Grand Bahama. We are now in a digital revolution, and it is essential that the Bahamas get on board and move with the digital revolution we must not be left behind, we cannot remain in the analogue, we can be the technology hub in the region and be the leading technology centre for the Caribbean.”#MagneticMediaNews#GBtobecometechnologyhub Related Items:#GBtobecometechnologyhub, #magneticmedianews Facebook Twitter Google+LinkedInPinterestWhatsApp