Adani gives final approval for coal mine project in Australia

June 6, 2017

Melbourne, Jun 6: Indian conglomerate Adani Group todaygave the final investment approval for its controversy- hit 21.7billion dollars Carmichael coal mine project in Australia which had hit several roadblocks over environmental concerns due to its proximity to the Great Barrier Reef.adani

"I am proud to announcethe project has Final Investment Decision (FID) approvalwhich marksthe official start of one of the largest singleinfrastructure-- and job creating -- developments in Australia's recent history," Adani Group Chairman Gautam Adani said.

This is a historic day for Adani, a historic day for regional Queensland, andahistoric day for the Indian investment in Australia, he said.

The announcement comes just days after the Adani Group agreed to pay royalties on coal produced from its project after it struck an agreement with the Queensland government to help the controversy-hit project move forward.

"Thisisthe largest single investment by an Indian corporation in Australia, andI believeotherswill followwithinvestments and trade deals," the Adani Group Chairman said.

"We have been challengedby activists in the courts, ininner citystreets,and even outside banks thathave noteven been approachedto financetheproject. We are still facingactivists. But we are committed to this project," Adani said, adding that the group is committed to Queenslandand to addressing energy poverty in India.

Adani said the Carmichael projects will generate 10,000 direct and indirect jobs,with pre-construction works starting in the September Quarter 2017.

Queensland Premier Annastacia Palaszczuk today officially opened Adani's Regional Headquarters (RHQ) in Townsville fromwhere the companywill oversee theconstruction and operations of theproject.

The regional headquarters will also accommodate Adani's Remote Operations Centre, the first time that such a centre has been set up in an Australian regional city.

PrimeMinister Malcolm Turnbullwas represented at the ceremony bythe Federal Minister for Northern Australia and Resources, Senator Matt Canavan.

Adani Australia Head of Country and Chief Executive Jeyakumar Janakaraj saidthe companyhasalready invested 3.3 billion dollars in the project, including buying the bulk coal handling port ofAbbot Point.

Adani today also signed letters of awardfordesign, construction, operations, the supply ofmaterialsandprofessional services.

The biggestdealis withDownerMiningfor the construction and operation of the Carmichael mine.

The company hasalso announced in the past few weeks contracts totalling more than 150 million dollars for the railway tracks and concrete sleepers for the planned388- kmstandard gaugerail link between the mine and Abbot Point.

Importantly, these contracts had gone to regional cities to generate jobs -- 74 million dollars for railway tracks (Arrium Steel, Whyalla) and 82 million dollars for sleepers (Austrak, Rockhampton).

Janakaraj also announcedanother contract for the CarmichaelRail Network linkingGalilee Basinmines, including the Adani mine,tothe port ofAbbot Point.

This contract iswith AECOM,who are regionally based in Townsville.

The AECOM deal coverssurveying anddesignfor the rail linkwith the company basing 70 people in Townsville.

"But we are building more than a rail line," Janakaraj said.

"We are building a line that will open the Galilee Basin, linking that massive coal reserve to markets around the world, generating power, and -- importantly -- generating many thousands of direct and indirect jobs in regional Queensland," Janakaraj said.

In Adani's case, it will linkitsCarmichael coal mine to its bulk loading facility atthe port ofAbbot Point from where it will be shipped to Adani's power stations in India. While some may be looking for ways to leave regional Queensland, Adani is looking to the future, he said.

"We are looking to ensure regional Queensland remains a great place to live, work and to raise a family. To achieve that, Adani is delivering onitspromise to address power poverty for hundreds of millions in India and unacceptably high unemployment in regional Queensland," he added.

"To those activists who sit in creature comfort and criticise us, I ask a simple question -- what are you doing for those people?" Janakaraj said.

Meanwhile, a group of religious leaders camped out today at the Sydney-based Commonwealth Bank's headquarters to protest against the proposed Adani mega coal mine project.

Local media reported that ten Buddhist and Christian leaders rallied outside the Darling Harbour office, holding signs with messages including 'People of faith say rule out Adani' and 'Grandpa what did you do about global warming?'

Uniting Church Minister Rex Graham said the group was opposed to the expansion of coal mines in Australia.

"The other banks have heard the message, particularly National Australian Bank and Westpac, and that's what we're looking for the Commonwealth Bank to also do so," he was quoted as saying.

The Carmichael coal project, Australia's largest, has been delayed since first being proposed in 2010 due to protests by green groups over its environmental impact.

The Indian energy giant has for more than five years battled the opposition to any expansion of the Abbot Point port, saying it will cut into the Great Barrier Reef World Heritage Area.

The project involves dredging 1.1 million cubic metres of soil near the Great Barrier Reef Marine Park, which will then be disposed of on land.

The Adani Group entered Australia in 2010 with the purchase of the greenfield Carmichael coal mine in the Galilee Basin in central Queensland, and the Abbot Point port near Bowen in the north.

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News Network
June 29,2020

Karachi, Jun 29: Four heavily-armed militants attacked the busy Pakistan Stock Exchange on Monday morning, killing four security guards and a police sub-inspector before being shot dead in an exchange of fire, media reports said.

The unidentified militants opened indiscriminate fire and lobbed hand grenades at the main gate of the building as they tried to storm it, Geo News reported.

Police said that all the terrorists have been killed while five persons injured in the attack.

Four security guards and a police sub-inspector were also killed in the attack.

"An unfortunate incident took place at the Pakistan Stock Exchange. They made their way from our parking area and opened fire on everyone," said Abid Ali Habib, Director of Pakistan Stock Exchange.

The firing by militants caused panic among the people in the building.

Sindh province Governor Imran Ismail condemned the incident.

"Strongly condemn the attack on PSX aimed at tarnishing our relentless war on terror. Have instructed the IG & security agencies to ensure that the perpetrators are caught alive & their handlers are accorded exemplary punishments. We shall protect Sindh at all costs," he said on Twitter.

Police and rangers have arrived on the spot and surrounded the area.

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News Network
May 22,2020

Washington, May 22: The deadly coronavirus came from China and the US is not going to take it lightly, American President Donald Trump said on Thursday.

"It came from China. We are not happy about it. We just signed a trade deal, the ink wasn't dry and all of the sudden this floated in. We are not going to take it lightly,” Trump said participating in a Listening Session with African-American Leaders in Michigan.

Trump in the last several weeks has been very critical of China's inability to control the spread of the novel coronavirus within its territory. By Thursday more than 94,000 Americans have died due to the coronavirus and over 1.6 million have tested positive.

He has so far not given any indication of the steps that he is contemplating taking against China.

Meanwhile, pressure is building on his administration, mainly from the Republican lawmakers on this.

On Thursday, Senators Ted Cruz and Rick Scott, along Mike Braun, Marsha Blackburn, Joni Ernst, Martha McSally and Tom Cotton, introduced the COVID-19 Vaccine Protection Act to prevent the Chinese Communist Party from stealing or sabotaging American COVID-19 vaccine research.

The bill requires a thorough national security evaluation and clearance by the Department of Homeland Security, the Department of State, and the Federal Bureau of Investigation of all Chinese student visa holders taking part in activities related to COVID-19 vaccine research.

"The same Chinese Communist Party that covered up the coronavirus outbreak also routinely engages in state sponsored theft of intellectual property," Cruz said. "We cannot allow China to steal or interfere with American research and development of a vaccine,” he added.

"Communist China is responsible for the coronavirus pandemic, and their lies and misinformation cost American lives," Scott said.

"We cannot let Communist China off the hook for this, and we absolutely cannot allow Communist China to steal or sabotage any American research efforts related to the Coronavirus vaccine. The COVID-19 Vaccine Protection Act protects American efforts to create a vaccine as we work to end this pandemic," he added.

The COVID-19 Vaccine Protection Act, among others requires an enhanced vetting of nationals of the Chinese nationals in the US as nonimmigrants under F, J, or M student visas to determine if any student visa holders are a national security threat.

Once the review is complete, authorizes Department of Homeland Secretary, in consultation with other agencies, to continuously monitor all nonimmigrant student visa holders (F, M, J) who are Chinese nationals while in the US and are engaged in, or have access to, the research of any potential COVID-19 vaccine or COVID-19 related material.

Republican Whip and Ranking Member of the Select Subcommittee on the Coronavirus Crisis Steve Scalise alleged that China lied to the world on coronavirus.

"During a critical period in December and January, China withheld evidence of the virus: evidence that confirmed human to human transmission of the virus, evidence of the extent of the spread. China refused entry of American and other medical experts from around the world for weeks,” he said.

“And during this time, China hoarded medical supplies like masks, gowns, and other life-saving PPE. Chinese exports of surgical masks, gowns, and gloves were stifled by the Chinese Communist Party during this period. China knew the danger posed by the virus and while they hid the truth, they used the time to stock up on vital medical supplies,” Scalise said.

“While Chinese authorities limited domestic flights from Wuhan to other Chinese cities like Beijing and Shanghai, China's government urged international carriers to maintain their flight schedules — seeding the virus throughout the rest of the world,” he alleged.

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Agencies
April 28,2020

United Nations, Apr 28: UN chief Antonio Guterres has warned that extremist groups are taking advantage of the COVID-19 lockdowns and intensifying efforts on social media to recruit youths online by exploiting their anger and despair, asserting that the world cannot afford a lost generation due to the unprecedented global health crisis.

The UN Secretary-General made the remarks on Monday during a video conference to review the five years since its adoption of a landmark resolution on youth, peace and security.

We can already see such groups taking advantage of the COVID-19 lockdowns, intensifying their efforts on social media to spread hatred and to recruit young people who may be spending more time at home and online, he said.

Guterres told the Security Council that even before the current crisis, young people were facing enormous challenges.

Listing startling numbers, he said one of every five young people was already not in education, training or employment and one of every four is affected by violence or conflict. Every year, 12 million girls become mothers while they themselves are still children.

These frustrations and, frankly, failures to address them by those in power today, fuel declining confidence in political establishments and institutions. And when such a cycle takes hold, it is all too easy for extremist groups to exploit the anger and despair, and the risk of radicalisation climbs, he said.

Issuing a call to action on youth, peace and security, Guterres said the world cannot afford a lost generation of youth, their lives set back by COVID-19 and their voices stifled by a lack of participation. Let us do far more to tap their talents as we tackle the pandemic and chart a recovery that leads to a more peaceful, sustainable and equitable future for all.

With over 1.54 billion children and youth out-of-school and young people acutely feeling the impact of the COVID-19 crisis, Guterres said countries must do more to harness the talents of young people to address the crisis and its aftermath.

In presenting his first report on the Security Council resolution, the UN chief said youth were already confronting numerous challenges even before the pandemic, including in accessing education, or through being affected by violence and conflict. Those pressing for peace or upholding human rights have been threatened.

Despite these obstacles, young people across the world have joined the common fight against the coronavirus disease, supporting both frontline workers and people in need. And they continue to push for change.

UN Youth Envoy Jayathma Wickramanayake spoke of the need for more meaningful partnerships between young people and the civil society organisations and government institutions that work on the youth, peace and security (YPS) agenda.

To date, there are no national action plans on YPS but I'm pleased to note that in some countries, these are in the process of development, she said.

For a national roadmap to be successful, a participatory, transparent and youth-led process with adequate resources are needed, she said.

Issuing his four-point call to action for the Council, Guterres urged members to do more to address the various challenges facing young people.

He also called for investment in youth participation, but also in their organisations and initiatives.

We must strengthen human rights protections and protect the civic space on which youth participation depends, he said. And fourth, we must emerge from the COVID-19 crisis with a determination to recover better - massively increasing our investment in young people's capacities as we deliver the Sustainable Development Goals.

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