Daily Archives

August 31, 2012

Long, hot summer sends food prices soaring

Hong Kong, August 31, 2012: A summer of droughts and extreme temperatures across the world threaten the planet's most vulnerable people, as food prices rise. A new report from the World Bank has revealed global food prices soared by 10% in July, with staples such as maize and soybean increasing by 25% to an all-time high. The drought-hit United States -- the world's largest exporter of grains such as maize -- is facing the worst production shortfalls since the "Dust Bowl" of the 1930s,…

Cotton prices steadier on mill demands

DR ZAFAR HASSAN August 31, 2012: After an easy condition on the cotton market at the beginning of this week, prices became steadier on Thursday due to mill demand and also some covering by the exporters. Scattered rains in several parts of Sindh in such stations as Mirpurkhas, Tando Adam, Kunri and Sanghar and cloudy weather in Punjab have imparted a modicum of steadiness to lint prices. Higher values on the cotton futures market (ICE) in New York have also influenced cotton rates to…

Sindh farmers resent shortage of water

August 31, 2012:  Farmers Associates Pakistan (FAP) have strongly resented the problem of shortage of water being faced by the farmers of Sindh for their irrigation needs and indifferent attitude of the Sindh and federal governments towards solving this issue at the earliest. FAP in a specially convened meeting by its President Dr Tariq Bucha strongly objected to the indifference and apathy of both the governments in the prevalent drought conditions in Umer Kot, Badin and Khairpur Mir and…

NFS&R ministry to submit proposal for imposing ban on wheat export

FAZAL SHER August 31, 2012:  The Ministry of National Food Security and Research (NFS&R) has decided to submit a proposal in the next meeting of Economic Co-ordination Committee (ECC) for imposing ban on wheat export to avert wheat shortage in the country. "The ECC had allowed export of wheat in 2011 because of surplus wheat stock in the country. The decision of EEC might encourage huge export of wheat to drought hit USA, Russia, Argentina and other European countries which would…

Petition on KBD: government trying to exploit domestic resources, LHC told

August 31, 2012:  The federal government here Thursday told to the Lahore High Court that it had been pursuing all ways and means to exploit indigenous resources for generating electricity, including alternate and hydropower portfolio. The ministry of water and power said this in a written reply submitted to the court with regard to hearing of a petition seeking construction of Kala Bagh Dam (KBD) to end the power crisis in the country. It said that the federal government and Wapda are actively…

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More