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The world stands at the dawn of a “third nuclear age” in which Britain is threatened by multiple dilemmas, the head of the armed forces has warned. But alongside his stark warning of the threats facing Britain and its allies, Admiral Sir Tony Radakin said there would be only a “remote chance” Russia would directly attack or invade the UK if the two countries were at war. The Chief of the Defence Staff laid out the landscape of British defence in a wide-ranging speech, after a minister warned the Army would be wiped out in as little as six months if forced to fight a war on the scale of the Ukraine conflict. The admiral cast doubt on the possibility as he gave a speech at the Royal United Services Institute (Rusi) defence think tank in London. He told the audience Britain needed to be “clear-eyed in our assessment” of the threats it faces, adding: “That includes recognising that there is only a remote chance of a significant direct attack or invasion by Russia on the United Kingdom, and that’s the same for the whole of Nato.” Moscow “knows the response will be overwhelming”, he added, but warned the nuclear deterrent needed to be “kept strong and strengthened”. Sir Tony added: “We are at the dawn of a third nuclear age, which is altogether more complex. It is defined by multiple and concurrent dilemmas, proliferating nuclear and disruptive technologies and the almost total absence of the security architectures that went before.” The first nuclear age was the Cold War, while the second was “governed by disarmament efforts and counter proliferation”, the armed forces chief said. He listed the “wild threats of tactical nuclear use” by Russia, China building up its weapon stocks, Iran’s failure to co-operate with a nuclear deal, and North Korea’s “erratic behaviour” among the threats faced by the West. But Sir Tony said the UK’s nuclear arsenal is “the one part of our inventory of which Russia is most aware and has more impact on (President Vladimir) Putin than anything else”. Successive British governments had invested “substantial sums of money” in renewing nuclear submarines and warheads because of this, he added. The admiral described the deployment of thousands of North Korean soldiers on Ukraine’s border alongside Russian forces as the year’s “most extraordinary development”. He also signalled further deployments were possible, speaking of “tens of thousands more to follow as part of a new security pact with Russia”. Defence minister Alistair Carns earlier said a rate of casualties similar to Russia’s invasion of Ukraine would lead to the army being “expended” within six to 12 months. He said it illustrated the need to “generate depth and mass rapidly in the event of a crisis”. In comments reported by Sky News, Mr Carns, a former Royal Marines colonel, said Russia was suffering losses of around 1,500 soldiers killed or injured a day. “In a war of scale – not a limited intervention, but one similar to Ukraine – our Army for example, on the current casualty rates, would be expended – as part of a broader multinational coalition – in six months to a year,” Mr Carns said in a speech at Rusi. He added: “That doesn’t mean we need a bigger Army, but it does mean you need to generate depth and mass rapidly in the event of a crisis.” Official figures show the Army had 109,245 personnel on October 1, including 25,814 volunteer reservists. Mr Carns, the minister for veterans and people, said the UK needed to “catch up with Nato allies” to place greater emphasis on the reserves. The Prime Minister’s official spokesman said Defence Secretary John Healey had previously spoken about “the state of the armed forces that were inherited from the previous government”. The spokesman said: “It’s why the Budget invested billions of pounds into defence, it’s why we’re undertaking a strategic defence review to ensure that we have the capabilities and the investment needed to defend this country.”MAI Capital Management lowered its stake in shares of FactSet Research Systems Inc. ( NYSE:FDS – Free Report ) by 30.8% in the third quarter, according to its most recent 13F filing with the SEC. The fund owned 886 shares of the business services provider’s stock after selling 395 shares during the period. MAI Capital Management’s holdings in FactSet Research Systems were worth $407,000 as of its most recent SEC filing. Several other hedge funds also recently modified their holdings of the stock. Ninety One UK Ltd grew its position in FactSet Research Systems by 0.9% in the 2nd quarter. Ninety One UK Ltd now owns 1,216,461 shares of the business services provider’s stock worth $496,645,000 after purchasing an additional 10,928 shares in the last quarter. Boston Trust Walden Corp raised its stake in shares of FactSet Research Systems by 9.3% during the 3rd quarter. Boston Trust Walden Corp now owns 296,329 shares of the business services provider’s stock worth $136,267,000 after purchasing an additional 25,294 shares during the period. PineStone Asset Management Inc. grew its position in FactSet Research Systems by 0.4% during the third quarter. PineStone Asset Management Inc. now owns 274,003 shares of the business services provider’s stock valued at $126,000,000 after buying an additional 1,030 shares during the period. Tandem Investment Advisors Inc. increased its stake in shares of FactSet Research Systems by 1.4% during the 2nd quarter. Tandem Investment Advisors Inc. now owns 250,028 shares of the business services provider’s stock worth $102,079,000 after purchasing an additional 3,485 shares during the last quarter. Finally, Dimensional Fund Advisors LP grew its holdings in FactSet Research Systems by 21.5% during the second quarter. Dimensional Fund Advisors LP now owns 235,387 shares of the business services provider’s stock valued at $96,113,000 after purchasing an additional 41,717 shares during the period. Hedge funds and other institutional investors own 91.24% of the company’s stock. Wall Street Analyst Weigh In FDS has been the topic of a number of research reports. Royal Bank of Canada restated a “sector perform” rating and issued a $503.00 price objective on shares of FactSet Research Systems in a research note on Friday, November 15th. UBS Group lifted their target price on FactSet Research Systems from $485.00 to $525.00 and gave the company a “neutral” rating in a report on Friday, November 15th. Stifel Nicolaus increased their price objective on FactSet Research Systems from $451.00 to $469.00 and gave the stock a “hold” rating in a research report on Friday, September 20th. Redburn Atlantic downgraded FactSet Research Systems from a “neutral” rating to a “sell” rating and dropped their price target for the company from $420.00 to $380.00 in a research report on Wednesday, October 9th. Finally, BMO Capital Markets raised their target price on shares of FactSet Research Systems from $471.00 to $521.00 and gave the company a “market perform” rating in a research note on Friday, November 15th. Five investment analysts have rated the stock with a sell rating and nine have given a hold rating to the company. According to MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $450.00. FactSet Research Systems Stock Up 0.4 % Shares of NYSE:FDS opened at $487.62 on Friday. FactSet Research Systems Inc. has a 12-month low of $391.84 and a 12-month high of $499.87. The company has a current ratio of 1.25, a quick ratio of 1.25 and a debt-to-equity ratio of 0.65. The stock’s 50-day moving average price is $466.05 and its 200-day moving average price is $435.59. The stock has a market capitalization of $18.52 billion, a P/E ratio of 35.08, a price-to-earnings-growth ratio of 3.09 and a beta of 0.75. FactSet Research Systems ( NYSE:FDS – Get Free Report ) last issued its earnings results on Thursday, September 19th. The business services provider reported $3.74 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.62 by $0.12. The firm had revenue of $562.20 million for the quarter, compared to analysts’ expectations of $547.06 million. FactSet Research Systems had a net margin of 24.38% and a return on equity of 34.77%. The business’s revenue was up 4.9% on a year-over-year basis. During the same quarter last year, the business earned $2.93 earnings per share. On average, equities analysts anticipate that FactSet Research Systems Inc. will post 17.2 earnings per share for the current year. FactSet Research Systems Dividend Announcement The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, December 19th. Shareholders of record on Friday, November 29th will be issued a $1.04 dividend. This represents a $4.16 annualized dividend and a yield of 0.85%. The ex-dividend date of this dividend is Friday, November 29th. FactSet Research Systems’s dividend payout ratio (DPR) is currently 29.93%. Insider Activity In other news, EVP Christopher R. Ellis sold 13,952 shares of the firm’s stock in a transaction that occurred on Thursday, September 26th. The stock was sold at an average price of $456.15, for a total value of $6,364,204.80. Following the completion of the transaction, the executive vice president now owns 23,515 shares in the company, valued at $10,726,367.25. This trade represents a 37.24 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink . Also, insider John Costigan sold 1,622 shares of the company’s stock in a transaction on Monday, November 11th. The stock was sold at an average price of $481.00, for a total value of $780,182.00. Following the completion of the sale, the insider now directly owns 299 shares in the company, valued at approximately $143,819. The trade was a 84.44 % decrease in their ownership of the stock. The disclosure for this sale can be found here . Over the last three months, insiders have sold 26,984 shares of company stock valued at $12,230,877. Company insiders own 1.10% of the company’s stock. About FactSet Research Systems ( Free Report ) FactSet Research Systems Inc, a financial data company, provides integrated financial information and analytical applications to the investment community in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company delivers insight and information through the workflow solutions of research, analytics and trading, content and technology solutions, and wealth. Featured Stories Want to see what other hedge funds are holding FDS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for FactSet Research Systems Inc. ( NYSE:FDS – Free Report ). 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SAO PAULO (AP) — Police have formally accused Brazil’s former President Jair Bolsonaro and 36 others of attempting a coup to keep the right-wing leader in office after his electoral defeat in 2022. Their allegations threaten to torpedo Bolsonaro's hopes of returning to politics. Brazil’s Supreme Court said Friday that police findings were delivered to Justice Alexandre de Moraes, who next week will relay them to Prosecutor-General Paulo Gonet. He will decide whether to formally charge Bolsonaro or toss the investigation. Bolsonaro told the news website Metropoles on Thursday that he is waiting for his lawyer to review the police report, which is reportedly about 700 pages long, but that he would fight the case. He dismissed the investigation as the result of “creativity.” The former president denies that he tried to stay in office after his narrow electoral defeat in 2022 to leftist President Luiz Inácio Lula da Silva. Bolsonaro has since faced a series of legal threats. That police are seeking formal charges indicates the investigation found evidence of “a crime and its author,” and it is likely there are legal grounds for the prosecutor-general to file charges, said Eloísa Machado de Almeida, a law professor at Getulio Vargas Foundation, a university in Sao Paulo. On Friday, the attorney for Bolsonaro’s former right hand, Lt. Col. Mauro Cid, said in a live television interview that his client had informed the Supreme Court that Bolsonaro was aware of the coup plot. “The then-president knew it all. Actually, he led this organization,” Cid’s attorney, Cezar Bitencourt, told network GloboNews. Just minutes later, Bitencourt partially retracted his statement. "I didn’t say Bolsonaro knew it all. ‘All’ is a lot. He was evidently aware of some things.” Police said the Supreme Court agreed to the release all 37 names in the police report “to avoid the dissemination of incorrect news.” Among them are dozens of former and current Bolsonaro aides, including: Gen. Walter Braga Netto, who was his running mate in the 2022 campaign; former Army commander Gen. Paulo Sérgio Nogueira de Oliveira; Valdemar Costa Neto, the chairman of Bolsonaro’s Liberal Party; and his veteran former adviser, Gen. Augusto Heleno. Braga Netto’s lawyers said they would wait to formally receive the police documents before making any comments. The retired general shared their statement on X late Thursday. Bolsonaro is already accused separately of smuggling diamond jewelry into Brazil and directing Lt. Col. Cid to falsify his and others’ COVID-19 vaccination statuses. Bolsonaro has denied those charges. Another probe found he abused his authority by casting doubt on Brazil's electoral system, and judges on the top electoral court barred him from running again until 2030. Still, he insists he will run in 2026, and many in his orbit were heartened by President-elect Donald Trump's recent election win despite his swirling legal troubles. Local media report that Gonet is already under pressure to move forward with multiple investigations against the former president, and politicians say if the 69-year-old Bolsonaro does stand trial his allies and rivals will race to seize his influence with voters. “Bolsonaro is no longer the sole leader of the right-wing. He is coming out of mayoral elections in which most of his candidates lost. All these probes don’t help him at all,” said Carlos Melo, a political science professor at Insper, a university in Sao Paulo. “The governor of Sao Paulo, Tarcísio de Freitas, the radical candidate for Sao Paulo mayorship Pablo Marçal, the governor of Goias state, Ronaldo Caiado ... There are politicians lining up to court Bolsonaro voters,” Melo said. Creomar de Souza, a political analyst of Dharma Political Risk and Strategy, said the formal accusation is “obviously bad” for Bolsonaro, but that it might not impede him if he does decide to run for office again. “This could give those targeted a chance to portray themselves as being persecuted,” de Souza said, adding that could benefit them. Bolsonaro's allies in Congress have been negotiating a bill to pardon individuals who stormed the Brazilian capital and rioted on Jan. 8, 2023, in an attempt to keep the former president in power. Analysts have speculated that lawmakers want to extend the legislation to cover the former president himself. However, efforts to push a broad amnesty bill would be “politically challenging” in light of the new allegations against Bolsonaro and others, Machado said. On Tuesday, Federal Police arrested four military and a Federal Police officer, accused of plotting to assassinate Lula and Supreme Court Justice Alexandre de Moraes in an effort to overthrow the government following the 2022 elections. Last week, a man tried to enter the Supreme Court in the capital Brasilia with explosives but was blocked by guards. He threw the explosives outside the building , killing himself.TC Energy ( NYSE:TRP – Free Report ) (TSE:TRP) had its price objective lifted by BMO Capital Markets from $66.00 to $70.00 in a research report released on Wednesday morning, Benzinga reports. They currently have a market perform rating on the pipeline company’s stock. TRP has been the topic of several other research reports. The Goldman Sachs Group raised their price objective on TC Energy from $38.00 to $42.00 and gave the company a “sell” rating in a report on Monday, October 21st. UBS Group upgraded shares of TC Energy from a “neutral” rating to a “buy” rating in a report on Monday, September 30th. Morgan Stanley raised shares of TC Energy from an “underweight” rating to an “overweight” rating in a report on Friday, October 25th. JPMorgan Chase & Co. upgraded shares of TC Energy from a “neutral” rating to an “overweight” rating in a report on Monday, October 14th. Finally, Veritas upgraded TC Energy to a “strong sell” rating in a report on Tuesday, October 8th. Two research analysts have rated the stock with a sell rating, three have given a hold rating and five have assigned a buy rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $55.67. Check Out Our Latest Stock Analysis on TC Energy TC Energy Price Performance TC Energy ( NYSE:TRP – Get Free Report ) (TSE:TRP) last posted its quarterly earnings results on Thursday, November 7th. The pipeline company reported $0.76 earnings per share for the quarter, beating analysts’ consensus estimates of $0.70 by $0.06. The company had revenue of $2.99 billion for the quarter, compared to the consensus estimate of $2.83 billion. TC Energy had a net margin of 31.15% and a return on equity of 12.92%. On average, sell-side analysts expect that TC Energy will post 2.98 earnings per share for the current fiscal year. TC Energy Increases Dividend The company also recently declared a quarterly dividend, which will be paid on Friday, January 31st. Shareholders of record on Tuesday, December 31st will be given a dividend of $0.822 per share. The ex-dividend date is Tuesday, December 31st. This represents a $3.29 dividend on an annualized basis and a yield of 6.59%. This is a boost from TC Energy’s previous quarterly dividend of $0.70. TC Energy’s dividend payout ratio is 78.95%. Institutional Inflows and Outflows A number of hedge funds and other institutional investors have recently made changes to their positions in TRP. Fortitude Family Office LLC bought a new stake in TC Energy in the third quarter worth approximately $28,000. Blue Trust Inc. lifted its position in shares of TC Energy by 72.0% during the 3rd quarter. Blue Trust Inc. now owns 638 shares of the pipeline company’s stock valued at $30,000 after acquiring an additional 267 shares during the period. EdgeRock Capital LLC acquired a new stake in TC Energy in the second quarter worth $25,000. Whittier Trust Co. of Nevada Inc. increased its stake in TC Energy by 138.8% in the second quarter. Whittier Trust Co. of Nevada Inc. now owns 738 shares of the pipeline company’s stock valued at $28,000 after purchasing an additional 429 shares in the last quarter. Finally, Point72 DIFC Ltd bought a new position in shares of TC Energy during the 3rd quarter worth about $39,000. 83.13% of the stock is owned by institutional investors and hedge funds. TC Energy Company Profile ( Get Free Report ) TC Energy Corporation operates as an energy infrastructure company in North America. It operates through five segments: Canadian Natural Gas Pipelines; U.S. Natural Gas Pipelines; Mexico Natural Gas Pipelines; Liquids Pipelines; and Power and Energy Solutions. The company builds and operates a network of 93,600 kilometers of natural gas pipelines, which transports natural gas from supply basins to local distribution companies, power generation plants, industrial facilities, interconnecting pipelines, LNG export terminals, and other businesses. Further Reading Receive News & Ratings for TC Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for TC Energy and related companies with MarketBeat.com's FREE daily email newsletter .‘Unfortunate’ Bucs Reveal Post-Bye Playoff Mentality
The Los Angeles Kings (11-7-3) defeated the Seattle Kraken (10-10-1) 2-1 in a Pacific Division showdown Saturday afternoon (Nov. 23) from the City of Angels. For Seattle, this was the start of a two-game California road trip after a successful homestand, not to mention an opportunity to level the Kings on points. As for L.A., they looked to rebound from a somewhat surprising shutout defeat at home on Thursday to the Buffalo Sabres. Scoreless First Period Morphs Into Action-Packed Middle Frame The opening 20 minutes did not necessarily treat fans at Crypto.com Arena with tons of action. To that point, the visiting Kraken retreated to their locker room after the horn with a narrow 5-4 lead in shots on goal. Both David Rittich and Joey Daccord stood tall when called into action. The tempo changed in the middle frame. Los Angeles treated the home supporters to a pair of goals barely a few minutes apart. It began at 4:19 when Adrian Kempe received a slick pass from Alex Turcotte in the slot and wristed home a shot past Daccord through some traffic. The Kings doubled their advantage on the power play. At 6:03, Quinton Byfield received a pass at the bottom of the right faceoff circle and ripped a one-timer at an impressively sharp angle to make it 2-0. Were it not for a superb save by Seattle’s netminder off the shaft of his stick with about 90 seconds left in the period, it would have been 3-0 for the Kings. The latter caught their opponents napping on the power play. This allowed Byfield and Warren Foegele to race out for a 2-on-0 opportunity but, surprisingly, failed to make good on it. Kings Hold the Fort in the Third Period With their backs against the wall, the Kraken performed the expected third-period push. One phenomenal sequence at around the nine-minute mark saw Brandon Montour blast not one but two powerful shots from the slot (he got his own rebound). Neither went in. The Kings’ defense got the loose puck and sent it Foegele’s way as he rushed out on a partial breakaway but was stonewalled by Daccord. Seattle was awarded a final chance to make something of the afternoon with a late power play but failed to do so. Ironically, they would score a consolation goal through Montour at 18:26 with their net empty, but that’s as close as they would get. Rittich repelled 19 of the 20 shots that came his way to help L.A. secure the two hard-fought points. The Kraken head next to Anaheim to face the Ducks on Monday, Nov. 25, the first of a home-and-home. The Kings travel north to San Jose for a date with the Sharks on the same night. This article first appeared on The Hockey Writers and was syndicated with permission.Stock Market News Today Live Updates on December 5, 2024 : IGL Bonus Issue: CGD Indraprastha Gas board to consider free issue of shares; record date to be fixed on THIS day
Starmer pledges measurable 'milestones' to rebuild Britain after rocky start
UAE payments revenue pool projected to reach $27.3 bn by 2028: ReportWASHINGTON — President-elect Donald Trump said Wednesday that he has selected a former soldier and Iraq War veteran to serve as his secretary of the Army . Daniel P. Driscoll, who is from North Carolina, had been serving as a senior advisor to Vice President-elect JD Vance, whom he met when both were attending Yale Law School. He ran unsuccessfully in the Republican primary for a North Carolina congressional seat in 2020, getting about 8% of the vote in a crowded field of candidates. “Dan will be a fearless and relentless fighter for America’s Soldiers and the America First agenda,” Trump said on his social media platform. If confirmed, Driscoll, 38, would take the helm of a military branch that has been struggling to overcome recruiting shortfalls through a sweeping overhaul of its programs and staffing. The Army is also undertaking a widespread effort to revamp and modernize its weapons systems. Since his graduation from Yale in 2014 and his tour in the Army, Driscoll has worked at several investment banking and consulting firms in North Carolina. According to the Army, Driscoll served as an armor officer from August 2007 to March 2011, deploying to Iraq from October 2009 to July 2010. He completed Army Ranger school, earning a Ranger tab, but it was not immediately clear when that occurred. Completing the course allows a soldier to wear the tab but does not mean that he served as a Ranger in the elite 75th Ranger Regiment, which is part of the Army’s special operations command and requires significantly more training. He left the military service at the rank of first lieutenant. He also graduated from the University of North Carolina at Chapel Hill. Driscoll’s military awards include the Army Commendation Medal and the the combat action badge, which are meritoriously earned. His other awards are often given due to completion of service during a military campaign and include National Defense Service Medal, Iraq Campaign Medal with campaign star, Global War on Terrorism Service Medal, Army Service Ribbon, and the Overseas Service Ribbon.
Labour's inheritance tax raid on farmers 'will spell the death of farm shops' as landowners may be forced to close stores and lay off staff By ANNA MIKHAILOVA DEPUTY POLITICAL EDITOR Published: 22:41, 23 November 2024 | Updated: 22:50, 23 November 2024 e-mail 15 View comments Labour's inheritance tax raid on farmers will spell the death of the farm shop, Rachel Reeves has been warned. Farmers say they may have to close shops or lay off staff as a result of last month's Budget . A Gloucestershire farmer said: 'Farm shops rely on locally sourced ingredients which are often from small producers – which will be entirely eradicated over a generation.' Geraint Thomas, who has a shop on his Welsh farm, said it was facing a 'big hit' from the Budget, partly through the employers' NI hike. He said shop owners will face tough decisions on raising prices, cutting staff or even closing. Conservative environment spokesman Victoria Atkins said: 'Farm shops themselves will not only suffer as a result of the family farm tax – which will force many farms to sell off land to pay tax bills totalling hundreds of thousands of pounds. 'They will also be hit with Rachel Reeves' National Insurance hike.' The UK has more than 1,500 farm shops, employing 25,000 people, according to agriculture university Harper Adams. Labour's Autumn budget proposed consequential tax hikes on farm owners across the UK Farm shop owners say they will face tough decisions on raising prices, cutting staff or even closing due to Labour's budget Conservative Party officials have claimed that farms may be forced to sell off their land to pay for Labour's new tax rates Mo Metcalf-Fisher, of the Countryside Alliance, said: 'Many farm shops depend on produce from small family farms to help feed the countryside and sustain their business. 'If those farms are lost, these shops as well as farmers' markets will be severely impacted, undermining their ability to sell popular local produce.' A government spokesman said: 'Our commitment to farmers remains steadfast – we have committed £5 billion to the farming budget over two years, including more money than ever for sustainable food production.' Labour Rachel Reeves Share or comment on this article: Labour's inheritance tax raid on farmers 'will spell the death of farm shops' as landowners may be forced to close stores and lay off staff e-mail Add comment
Taiwan receives first batch of US-made Abrams tanksTies with China touching greater heights: Maryam Punjab CM says her China visit highlighted Punjab’s status as an international investment hub LAHORE: Chief Minister Punjab Maryam Nawaz has said that decades-old brotherly relations with China were moving towards greater heights. “Visit to China is a true reflection of strong bilateral relations and shared commitment to development,” said Chief Minister Maryam Nawaz Sharif while addressing Punjab Investment Conference in China. She added, “The visit highlighted Punjab’s status as an international investment hub. It has shown that there is a strong desire to strengthen strategic cooperation on both sides.” She hoped, “Punjab Investment Conference will prove to be a great success.” The CM said, “Punjab’s strategic location, skilled workforce and business-friendly policies make it an ideal destination for the global business. We are also taking steps in collaboration with our Chinese friends to make clean energy more affordable and accessible.” She added, “The interest of Chinese investors is a reflection of their confidence in Punjab’s development and our shared vision of a bright future.” She highlighted, “Pak-China cooperation will help in adopting a strategy to reduce and better manage environmental pollution. Our focus is on sustainable development.” She noted, “China’s growing industry is worthy of imitation.” Maryam said, “My visit to China is a historic turning point for Punjab.” She added, “China Visit is my first official foreign trip that shows the importance of further strengthening relations with China. I had the opportunity to meet business executives from agriculture, health, finance, automobile, IT, semiconductors, and robotics companies. Punjab institutions can benefit immensely by partnering with the Chinese companies.” She flagged, “I have come with a special package for the Chinese investors, which includes special incentives for the Chinese businesses.” The CM said, “Chinese companies have responded very positively. We are taking discussions forward with some of them. The visit to China will lay foundation for investment in Punjab and possible joint ventures with Chinese businesses.” She added, “The partnership between Pakistan and China has been strong through thick and thin.” Maryam acknowledged, “During my first official visit to China, the Chinese leadership showed warmth and wonderful hospitality.” She said, “The visit to China shows the determination of Punjab government to strengthen relations with China. It is an honour and joy for me to observe first-hand China’s brilliant achievements and rapid development.” She added, “China has presented unique and worth studying models of development to the world.” She said, “The political vision and development of Chinese government are role model. Chinese economic policy is in line with its governance structure.” She added, “Chinese President Xi Jinping’s philosophy of “shared destiny and shared prosperity” is based on human values, beyond borders. The Chinese people are winning hearts of the world not through military power but through their good behaviour and care for humanity.” She underscored, “I salute the wise leadership of President Xi Jinping.” Maryam said, “China’s success in controlling air pollution in Beijing is an example for the whole world.” She added, “By emulating China, significant steps will be taken in Punjab for clean air and a healthy future.” She underscored, “China should cooperate in the development of Punjab’s modern environmental management system, which includes monitoring networks and real-time data analytics. China has been requested to provide training programs for government officials in environmental legislation, policymaking, and implementation mechanisms.” The CM said, “China’s advocacy for developing countries at COP29 is commendable. It is hoped that developed countries will fulfil their promises to meet the financial needs of developing countries.” She added, “The CPEC has had a very positive impact on Pakistan’s socioeconomic conditions. Under CPEC 2.0, we are committed to promoting high-quality development. More attention will be paid to renewable energy projects.” Maryam said, “The Punjab government is committed to partnering with China in environmental policymaking, implementation of clean technologies and green projects.” She added, “I have met the Chinese companies which are keen to invest in modernising the agriculture sector. Technology and investment can improve traditional industries and promote economic growth. The visit opened new doors to potential partnerships in the health sector as well.” Separately, CM Maryam Nawaz, while paying tribute to the martyrs of the Army Public School (APS) Peshawar, said: “10 years have passed since the Army Public School Peshawar tragedy, but the pain is still alive.” She added, “The dark morning of December 16, 2014 is etched in the hearts of every Pakistani.” She said, “Terrorists brutally targeted 147 innocent children and their teachers.” She highlighted, “The tragedy of December 16 was not only an attack on the school but also on humanity, education and the bright future of Pakistan.” The chief minister said, “It is our responsibility to turn into reality the dream of a better Pakistan of 147 martyrs of the APS tragedy.” She flagged, “We will die only after winning the war against terrorism.”Here’s what to know about the new funding deal that countries agreed to at UN climate talks
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