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TOKYO: Oil prices fell for a fourth day on Monday on expectations a Russia-Ukraine peace deal could ease sanctions disrupting supply flows and on concerns that global tariff wars could slow economic growth and weaken energy demand. Brent crude futures slid 20 cents, or 0.2%, to $74.59 a barrel by 0112 GMT. Brent has slumped 3.1% in the past four sessions after U.S. President Donald Trump and his administration officials announced they had begun discussions with Russia to end the war in Ukraine. U.S. West Texas Intermediate crude was at $70.51 a barrel, down 23 cents, or 0.3%. WTI is…
China’s military on Monday condemned the sailing of a Canadian warship in the Taiwan Strait, saying its air and naval forces had monitored and warned the ship, a mission that came just a few days after U.S. Navy ships made a similar mission. The U.S. Navy, and occasionally ships from allied countries like Canada, Britain and France, transit the strait, which they consider an international waterway, around once a month. Taiwan also considers it an international waterway but China, which claims Taiwan as its own territory, says the strategic waterway belongs to it. Canada’s actions “deliberately stirred up trouble” and undermined peace…
The ongoing Munich Security Conference, initially intended to address global security issues such as the Ukraine crisis and the Gaza conflict, has instead shifted focus to U.S. criticisms and accusations against major global powers. U.S. Vice President JD Vance accused Europe of undermining democracy and curbing freedom of speech, while U.S. Secretary of State Marco Rubio once again targeted China over the South China Sea issue. On Friday, Rubio met with Philippines Foreign Affairs Secretary Enrique Manalo for their first in-person discussion in Germany. Rubio later tweeted that the two sides had discussed strengthening the U.S.-Philippine alliance to address China’s…
China is ready to work with Austria to jointly voice support for upholding multilateralism, maintaining the authority of the United Nations, defending the international rule of law and rejecting unilateral bullying, Chinese Foreign Minister Wang Yi said on Saturday. Wang, also a member of the Political Bureau of the Communist Party of China Central Committee, made the remarks during the meeting with Austrian interim Chancellor and Foreign Minister Alexander Schallenberg on the sidelines of the Munich Security Conference. Noting that the world currently faces overlapping security challenges and economic risks as well as factors of instability and uncertainty, Wang said…
Chinese Premier Li Qiang stressed the importance of stepping up the development of winter sports and related industries to create new opportunities for service consumption and a new growth driver for the economy. Li, also a member of the Standing Committee of the Political Bureau of the Communist Party of China Central Committee, made the remarks during his inspection tour of northeast China’s Heilongjiang Province. He highlighted the need to utilize distinctive, advantageous resources, enrich the supply of quality products, stimulate the vitality of the winter economy, and continuously improve the well-being of the people. While visiting the Harbin Songhua…
Chinese Foreign Minister Wang Yi reaffirmed China’s commitment to peace and dialogue during a meeting with his Ukrainian counterpart Andrii Sybiha in Munich, Germany on Saturday, held on the sidelines of the Munich Security Conference. Wang, also a member of the Political Bureau of the Communist Party of China’s Central Committee, emphasized the long-standing friendship and strategic partnership between China and Ukraine, established in 2011. He noted that, despite challenging global circumstances, China remains Ukraine’s largest trading partner, a testament to the enduring potential for cooperation between the two nations. Highlighting China’s view of Ukraine as both a friend and…
ISLAMABAD (DI NEWS) : At 1320MW Sahiwal Coal Power Plant, the Quality Control Department (QCD) plays a critical role in ensuring that all equipment, systems, and processes meet the required standards of quality, performance, and safety. The department ensures that the plant operates efficiently and safely, minimizing downtime, avoiding failures, and adhering to regulatory requirements. Below are key functions and responsibilities of a QCD Department in Sahiwal Coal Power Plant. The QCD department evaluates the quality of raw materials and testing equipment before they are used in plant maintenance, or upgrades. This includes verifying certifications, conducting tests of various chemicals…
ISLAMABAD (DI NEWS) : President of the International Federation of Journalists (IFJ) Dominique Pradalié, met Friday with H.E. Nicolas Galey, Ambassador of France to Pakistan, to discuss the current Pakistani media landscape including in light of developments in the legal framework in this regard. Ms. Pradalié emphasized the importance of upholding freedom of expression and press freedom, as enshrined in Pakistan’s Constitution and international conventions to which Pakistan is party. During the meeting, Ms. Pradalié expressed her gratitude to Ambassador Galey for the support of the French authorities in helping Afghan journalists continue their crucial work, including facilitating the issuance…
ISLAMABAD (DI NEWS) : Thousands of participants gathered at the Pakistan National Council of Arts (PNCA) on Saturday to enjoy the vibrant “EuroVillage” festival, organised by the Delegation of the European Union in collaboration with the EU Member States. The event provided a unique opportunity for the residents of Islamabad and Rawalpindi to immerse themselves in European culture and heritage through music, food, and interactive experiences. In her welcome remarks, H.E. Dr. Riina Kionka, the Ambassador of the European Union to Pakistan noted, “We celebrate the diverse cultures and identities that enrich Europe, forming the foundation of our shared values…
BAHAWALPUR : Chief of Army Staff (COAS) Gen Asim Munir expressed resolve that the Pakistan Army would continue its support in economic development of the country. The army chief, along with Punjab Chief Minister Maryam Nawaz, federal and provincial ministers and others, visited Green Pakistan Initiative projects in Cholistan. Addressing a gathering, the COAS said Punjab had emerged as an agricultural powerhouse of Pakistan. He appreciated the leadership role of Punjab and farmers in modern agriculture. He said the achievements made in a short period of time under the Green Corporate Program were encouraging and a harbinger of progress. The…
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