ROSEN, A LEADING INVESTOR RIGHTS LAW FIRM, Encourages Butterfly Network, Inc. f/k/a Longview Acquisition Corp. Investors with Losses Exceeding $100K to Secure Counsel Before Important Deadline in Securities Class Action – BFLY

NEW YORK, Feb. 28, 2022 (GLOBE NEWSWIRE) — WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Butterfly Network, Inc. f/k/a Longview Acquisition Corp. (NYSE: BFLY) (a) between February 16, 2021 and November 15, 2021, both dates inclusive (the “Class Period”), and/or (b) all holders of Butterfly common stock as […]

NEW YORK, Feb. 28, 2022 (GLOBE NEWSWIRE) — WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Butterfly Network, Inc. f/k/a Longview Acquisition Corp. (NYSE: BFLY) (a) between February 16, 2021 and November 15, 2021, both dates inclusive (the “Class Period”), and/or (b) all holders of Butterfly common stock as of the record date for the special meeting of shareholders held on February 12, 2021 to consider approval of the merger between Longview and Butterfly (the “Merger”) and entitled to vote on the Merger, of the important April 18, 2022 lead plaintiff deadline.

SO WHAT: If you purchased Butterfly securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

WHAT TO DO NEXT: To join the Butterfly class action, go to https://rosenlegal.com/submit-form/?case_id=3602 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than April 18, 2022. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.

WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually handle securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs’ Bar. Many of the firm’s attorneys have been recognized by Lawdragon and Super Lawyers.

DETAILS OF THE CASE: According to the lawsuit, the Proxy was negligently prepared and, as a result, contained untrue statements of material fact or omitted to state other facts necessary to make the statements made not misleading and were not prepared in accordance with the rules and regulations governing its preparation. Additionally, throughout the Class Period, Defendants made materially false and misleading statements regarding the Company’s business, operations, and compliance policies. Specifically, the Proxy and defendants made false and/or misleading statements and/or failed to disclose that: (1) Butterfly had overstated its post-Merger business and financial prospects; (2) notwithstanding the ongoing COVID-19 pandemic, Butterfly’s financial projections failed to take into account the pandemic’s broad consequences, which included healthcare logistical challenges, and medical personnel fatigue; (3) accordingly, Butterfly’s gross margin levels and revenue projections were less sustainable than the Company had represented; (4) all the foregoing was reasonably likely to have a material negative impact on Butterfly’s business and financial condition; and (5) as a result, the Company’s public statements were materially false and misleading at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.

To join the Butterfly action, go to https://rosenlegal.com/submit-form/?case_id=3602 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action.

No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor’s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.

Attorney Advertising. Prior results do not guarantee a similar outcome.

——————————

Contact Information:

Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
lrosen@rosenlegal.com
pkim@rosenlegal.com
cases@rosenlegal.com
www.rosenlegal.com

NetSfere and HP Partner to Enable Secure Messaging and Collaboration Services for Healthcare Service Providers

HP and NetSfere work together to further the digitization of healthcare communication, streamline staff communications and stop the use of risky consumer-grade messaging apps CHICAGO, Feb. 28, 2022 (GLOBE NEWSWIRE) — NetSfere, a global provider of next-generation secure and compliant messaging and mobility solutions, has been named an authorized HP Independent Software Vendor (ISV) Program Partner […]

HP and NetSfere work together to further the digitization of healthcare communication, streamline staff communications and stop the use of risky consumer-grade messaging apps

CHICAGO, Feb. 28, 2022 (GLOBE NEWSWIRE) — NetSfere, a global provider of next-generation secure and compliant messaging and mobility solutions, has been named an authorized HP Independent Software Vendor (ISV) Program Partner to further the digitization of healthcare communication, streamline patient care and workflows, and curb the use of risky, non-compliant consumer-grade messaging apps.

“There is a critical need for secure, efficient communication in healthcare, especially as the pandemic has strained the time and resources of hospitals and medical staff,” said Harsh Mamgain, NetSfere’s VP of Product. “The vital work clinicians perform requires secure, compliant, and flexible messaging options that eliminate the need to turn to risky consumer-grade apps. By working with HP, NetSfere can now deliver the necessary secure and compliant collaboration solutions the industry needs to HP Healthcare’s portfolio of clients as they digitize to streamline communications and continue to provide life-saving care to patients.”

The pandemic accelerated the need for compliant, instantaneous communication tools to optimize clinical workflows, streamline staff communication, and make vital information readily accessible to authorized personnel across the healthcare industry. Replacing consumer-grade apps that pose crucial privacy and compliance risks and data-limited pagers, NetSfere Enterprise offers a HIPAA-compliant messaging platform that allows staff to safely communicate in real-time via a user-friendly web interface or mobile messaging app.

NetSfere’s industry-leading secure messaging platform provides all preferred means of communication – text, video, and voice – in addition to emergency alert capabilities to present the most holistic, compliant, all-in-one communication solution for healthcare providers on the market. Created with end-to-end encryption and full IT control, the platform is compliant with global regulations and provides medical professionals with a private, highly secure and reliable, centrally managed and controlled, cloud-based messaging service.

The additional capabilities of NetSfere Lifeline allow personnel to send high priority, critical messaging to targeted teams or an entire organization to disperse emergency information in an attention-grabbing manner. Messages can include text, images, or locations, ensuring that all essential information is quickly shared in critical situations.

“HP Healthcare solutions are designed to help ensure safety, boost efficiency, and protect against security risks, making NetSfere’s HIPAA-compliant platform an ideal fit as an ISV partner,” said Cory McElroy, Vice President of Retail, and Industry Solutions at HP. “Healthcare is transforming rapidly, and this collaboration with NetSfere will fill a gap for providers as they implement other technology on HP Solutions.”

For more information on NetSfere’s portfolio of products, visit www.netsfere.com.

About NetSfere
NetSfere is a secure enterprise messaging service and platform from Infinite Convergence Solutions, Inc. NetSfere provides industry-leading security and message delivery capabilities, including global cloud-based service availability, device-to-device encryption, location-based features, and administrative controls. The service is also offered in partnership with Deutsche Telekom GmbH, one of the world’s leading integrated telecommunications companies, and with NTT Ltd., a global information communications & technology service provider, to jointly offer NetSfere to its worldwide customers. The service leverages Infinite Convergence’s experience in delivering mobility solutions to tier 1 mobile operators globally and technology that supports more than 500 million subscribers and over a trillion messages annually. NetSfere is also compliant with global regulatory requirements, including GDPR, HIPAA, Sarbanes-Oxley, ISO 27001, and others. Infinite Convergence Solutions has offices in the United States, Germany, India and Singapore. For more information, visit www.netsfere.com.

Media Contact
Erin Robertson Davila
Uproar PR for NetSfere
904-716-4439
erobertson@uproarpr.com

‫CS Global Partners: السلفادور، الموطن الأمثل لعملة البيتكوين، هي أحدث دولة تنظر في منح الجنسية عن طريق الاستثمار

لندن، 27 فبراير 2022 (GLOBE NEWSWIRE) – قال الرئيس السلفادوري نجيب بقيلة يوم الأحد إنه سيرسل اقتراحًا إلى الكونجرس لمنح الجنسية للأجانب الذين يستثمرون في الدولة الواقعة في أمريكا الوسطى، ويأتي ذلك بمثابة خطوة أخرى في خطة الزعيم الشعبي لتعزيز اقتصاد بلاده من خلال جذب رأس المال غير التقليدي. قال بقيلة على تويتر: “أرسل 52 […]

لندن، 27 فبراير 2022 (GLOBE NEWSWIRE) – قال الرئيس السلفادوري نجيب بقيلة يوم الأحد إنه سيرسل اقتراحًا إلى الكونجرس لمنح الجنسية للأجانب الذين يستثمرون في الدولة الواقعة في أمريكا الوسطى، ويأتي ذلك بمثابة خطوة أخرى في خطة الزعيم الشعبي لتعزيز اقتصاد بلاده من خلال جذب رأس المال غير التقليدي.

قال بقيلة على تويتر: “أرسل 52 إصلاحًا قانونيًا إلى الكونغرس للتخلص من الإجراءات الروتينية، والحد من البيروقراطية، وإنشاء حوافز ضريبية، ومنح الجنسية مقابل الاستثمارات، وقوانين أوراق مالية جديدة، وعقود استقرار، وغيرها”.

حازت السلفادور، منذ شهر سبتمبر، على اهتمام دولي متزايد عندما أقرت قانونًا بتبني العملة المشفرة البيتكوين كعملة رسمية. واقترح بقيلة هذا القانون لأول مرة ضمن حزمة إصلاحات جديدة في السلفادور.

في حال تمرير الإصلاح القانوني الجديد المتعلق بمنح الجنسية، ستصبح السلفادور واحدة من البلدان القليلة التي توفر برنامج الجنسية عن طريق الاستثمار، وبذلك تنضم إلى العديد من البلدان الصغيرة الأخرى، لا سيما في منطقة البحر الكاريبي، وفقًا لشركة الاستشارات والتسويق الحكومية الرائدة في العالم CS Global Partners.

تتطلب برامج الجنسية عن طريق الاستثمار في العادة من مقدم الطلب الذي يخضع للفحص تقديم الحد الأدنى من المساهمة النقدية لصندوق حكومي أو شراء عقارات في البلد للحصول على الجنسية.

زيادة نطاق حرية الاستثمار في العملات المشفرة في ظل برامج الجنسية عن طريق الاستثمار

تقول ميشا إيميت، الرئيسة التنفيذية لشركة CS Global Partners: “بدأ عدد متزايد من مستثمري العملات المشفرة ورواد الأعمال في مجال التكنولوجيا في البحث عن جنسية ثانية كوسيلة لتحقيق قدر أكبر من الحرية”. وأضافت أن هذه الفئة المتنامية جمعت بين الاستثمار في أصول مثل العملة المشفرة والحصول على جنسيات إضافية لتمكين الاستقلالية المالية وتنوع الثروة.

وأضافت إيميت: “نظرًا إلى اكتساب العملات المشفرة مزيدًا من الزخم في السنوات القليلة الماضية، بدأنا نشهد زيادة في الاهتمام بالحصول على جنسية ثانية من مجتمع المستثمرين في التكنولوجيا. وتُعد هذه الفئة عالمية بالفعل من الناحية التكنولوجية، لذا فمن المنطقي أن يرغبوا في أن تعكس أصولهم طريقة التفكير هذه”.

توفر الجنسية الثانية مستوى من الأمن والأمان يمكن للمستثمرين الاعتماد عليه أثناء حدوث الاضطرابات السياسية أو الاقتصادية، حيث دفع ظهور جائحة كوفيد-19 الأسر بشكل خاص إلى الحصول على جنسية ثانية لحماية أنفسهم وأصولهم المالية بشكل أفضل مع زيادة قدرتهم على التنقل على مستوى العالم.

كانت دولة سانت كيتس ونيفيس التي تتشكل من جزيرتين وجهة شهيرة بين الأثرياء، ويرجع ذلك بشكل أساسي إلى برنامج الجنسية عن طريق الاستثمار الخاص بها. وتوفر هذه المبادرة طريقًا موثوقًا به للحصول على جنسية ثانية بمجرد أن يستثمر مقدم الطلب في البلد. وأُطلق برنامج سانت كيتس ونيفيس عام 1984، وهو معروف دوليًا بالعلامة التجارية “Platinum Standard”.

على الرغم من كون سانت كيتس ونيفيس أصغر دولة ذات سيادة في نصف الكرة الغربي، فهي واحدة من أكثر الدول تقدمًا من الناحية التكنولوجية في المنطقة في ما يتعلق بنهجها في تبني العملات المشفرة في الخدمات المصرفية. وأقرت الجزيرتان مؤخرًا مشروع قانون يبسط تجارة الأصول الافتراضية، كما أنها تنفذ حاليًا برنامجًا تجريبيًا للعملات الرقمية يُعرف باسم DCash. ولا تفرض دولة سانت كيتس ونيفيس أيضًا أي ضريبة على الدخل أو الميراث أو أرباح رأس المال، مما يسمح للمواطنين بالشعور بمقدار أكبر من الحرية أثناء تركيزهم على الاستثمارات التي تشغلهم.

المزيد من الدول تدرس اتخاذ مسار منح الجنسية عن طريق الاستثمار

ليست السلفادور هي البلد الوحيد الذي يتبنى فكرة الجنسية عن طريق الاستثمار لتعزيز اقتصاده. ففي الشهر الماضي فقط، قال وزير الإعلام الباكستاني فؤاد شودري إن الحكومة ستعرض الجنسية الباكستانية على المستثمرين الأجانب، لا سيما كوسيلة لجذب استثمارات ضخمة من الأفراد الأثرياء من دولة الصين المجاورة وباكستان.

يتم حث حكومة جامايكا أيضًا للنظر في تبني برنامج الجنسية عن طريق الاستثمار بالأموال المكتسبة من خلال العملية المستخدمة في مختلف مشاريع التنمية.

أصدرت جوليان ديكسون، الرئيسة التنفيذية ووسيطة لدىJamaica Sotheby’s International Realty، الدعوة في أكتوبر 2021. وقالت إن الأموال المكتسبة من المشروع يجب استخدامها للاستثمار في البنية التحتية والعقارات وخلق فرص العمل وتطوير الأعمال في البلد.

علّقت إيميت، التي تعمل لدى CS Global Partner، قائلة: “بالنسبة لعدد من البلدان، لا سيما في منطقة البحر الكاريبي، لا شك أن برامج الجنسية عن طريق الاستثمار توفر عملية ضخ مهمة للاستثمار الأجنبي المباشر، تتم في الغالب بطريقة يمكن أن تحدث فرقًا تنمويًا كبيرًا. ويتم توجيه هذه الأموال لخفض المساعدات الدولية والديون، وتطوير قطاع السياحة، وزيادة فرص العمل، إذ يقوم الأجانب في كثير من الأحيان بتوظيف السكان المحليين عند توسيع المكاتب أو بناء العقارات، بالإضافة إلى مبادرات الاستدامة”.

أشارت ديسكون بشكل خاص إلى أن سانت كيتس ونيفيس، التي كانت سباقة في تطبيق برنامج الجنسية عن طريق الاستثمار منذ ما يقرب من أربعة عقود واستثمرت ما يزيد على 300 مليون دولار أمريكي من البرنامج في تحديث بنيتها التحتية، وذكرت أن جامايكا يمكنها أن تسير على نفس الدرب.

منتج موثوق 

تقدم سانت كيتس ونيفيس منتجًا موثوقًا نال استحسانًا عالميًا من خلال دراسات مستقلة مثل مؤشر الجنسية عن طريق الاستثمار السنوي الذي تنشره مجلة PWM التابعة لـ Financial Times. وفي ظل تدفق برامج المواطنة في السوق، تستمر سانت كيتس ونيفيس في كونها مركزًا قويًا في الصناعة حيث تحظى بأحد أعرق البرامج القائمة.

يحصل الأشخاص الذين يصبحون مواطنين على كم هائل من المزايا، بما في ذلك زيادة التنقل العالمي إلى المراكز المالية في آسيا وأوروبا وإفريقيا، وتوقعات الأعمال البديلة، والقدرة على نقل الجنسية إلى الأبناء، وبالتالي إنشاء إرث مستقبلي لأسرة الفرد. بالإضافة إلى ذلك، لا تفرض سانت كيتس ونيفيس أي ضرائب على الدخل الشخصي أو الهدايا أو الميراث ولديها عملة مرتبطة بالدولار الأمريكي، مما يجعلها وجهة مربحة ماليًا للمستثمرين المحنكين.

عادةً ما تصدر وحدة الجنسية عن طريق الاستثمار في البلد، التي تقوم بمعالجة كل طلبات الجنسية الاقتصادية، وتصدر الموافقات أو الرفض في غضون فترة تبلغ ثلاثة أشهر. ولا توجد متطلبات تتعلق بإجراء مقابلات أو اللغات أو التعليم أو الأعمال التجارية.

السفر إلى الجزيرة ليس إلزاميًا، ولا يتم تطبيق حد أدنى لمدة الإقامة سواء قبل الحصول على الجنسية أو بعده. وتظل إجراءات العناية الواجبة من بين أكثر الإجراءات صرامة في الصناعة، وتعمل الدولة على تعزيزها من خلال التركيز على تعزيز البصمات والقياسات الحيوية.

في ما يتعلق بمن يتطلعون إلى التحوط ضد المخاطر المستقبلية، فإن الجمع بين السياسات الموائمة للعملات المشفرة والجنسية الثانية في الدولة ذات الجزيرتين يوفر للمستثمرين وثيقة تأمين نهائية في أوقات عدم القدرة على التنبؤ. وتظل سانت كيتس ونيفيس الوجهة الأفضل لتأمين مستقبلك من خلال قطاع خدمات مالية مزدهر ومركز عملات رقمية آخذ في النمو.

تفاصيل الاتصال: pr@csglobalpartners.com, www.csglobalpartners.com / +447824029952

CS Global Partners: Bitcoin Heaven El Salvador Newest Nation to Consider Citizenship by Investment

LONDON, Feb. 28, 2022 (GLOBE NEWSWIRE) — Salvadorian President Nayib Bukele on Sunday said he will send Congress a proposal to grant citizenship to foreigners who invest in the Central American country, another step in the populist leader’s plan to bolster the country’s economy by attracting non-traditional capital. “I’m sending 52 legal reforms to congress […]

LONDON, Feb. 28, 2022 (GLOBE NEWSWIRE) — Salvadorian President Nayib Bukele on Sunday said he will send Congress a proposal to grant citizenship to foreigners who invest in the Central American country, another step in the populist leader’s plan to bolster the country’s economy by attracting non-traditional capital.

“I’m sending 52 legal reforms to congress to remove red tape, reduce bureaucracy, create tax incentives, citizenship, in exchange for investments, new securities laws, stability contracts, etc.,” Bukele said on Twitter.

Since September, El Salvador has attracted increasing international interest when it passed a law that made the cryptocurrency Bitcoin legal tender. Like the new package of El Salvador reforms, that law was first proposed by Bukele.

If the new citizenship legal reform is passed, El Salvador would become one of the few countries to offer a citizenship by investment programme, joining several other small countries, mainly in the Caribbean, according to the world’s leading government advisory and marketing firm CS Global Partners.

CBI Programmes usually require a vetted applicant to make a minimum monetary contribution to a government fund or purchase real estate in the country to obtain citizenship.

Greater crypto freedom with CBI

“An increasing number of crypto investors and tech entrepreneurs have started looking to second citizenship as a means of achieving greater freedom”, says Micha Emmett, the CEO of CS Global Partners. She added that this growing demographic has combined assets like cryptocurrency with additional citizenships to unlock financial autonomy and wealth diversity.

“As crypto gained more traction in the last few years, we’ve started seeing an increase in interest for second citizenship from the tech community. This demographic, technologically, is already global, so it makes sense that they want their assets to reflect this mindset,” she said.

A second citizenship offers a level of safety and security that investors can rely on during political or economic turmoil. The onset of the COVID-19 pandemic has particularly triggered families to obtain second citizenship to better protect themselves and their financial assets whilst increasing their global mobility.

The dual-island nation of St Kitts and Nevis has been a popular destination amongst the wealthy, mainly because of its CBI Programme. This initiative provides a trusted route to second citizenship once an applicant invests in the nation. Established in 1984, St Kitts and Nevis’ programme is internationally recognised as a ‘Platinum Standard’ brand.

Despite being the smallest sovereign state in the Western Hemisphere, St Kitts and Nevis is one of the most technologically advanced nations in the region regarding its crypto-friendly approach to banking. The islands recently passed a bill simplifying the trade of virtual assets and are also currently running a digital currency pilot programme known as DCash. St Kitts and Nevis also does not impose income, inheritance, or capital gains tax, allowing citizens to breathe a little freer as they focus on the investments that matter to them.

More countries are considering the CBI route

El Salvador is not the only country tossing with the idea of citizenship by investment to boost its economy. Just last month, Pakistan’s Information Minister Fawad Chaudhry said that the Government would offer Pakistani nationality to foreign investors, particularly as a way to recruit heavy investments from the wealthy individuals of neighbouring China and Pakistan.

Jamaica’s Government is also being pushed to consider adopting a citizenship by investment programme with the funds gained through the process used for various development projects.

Julian Dixon, CEO and broker at Jamaica Sotheby’s International Realty, made the call in October 2021. She said funds gained from the project should be used to invest in the country’s infrastructure, real estate, job creation and business development.

“For a number of countries, especially in the Caribbean, there is no denying that CBI programmes offer a much-needed injection of foreign direct investment, often in a way that can make a significant developmental difference. These funds are channelled into reducing international aid and debt, developing the tourism sector, job growth as foreigners often employ locals when expanding offices or constructing properties, and sustainability initiatives,” CS Global Partner’s Emmett commented.

Dixon particularly pointed out that St Kitts and Nevis, which pioneered the citizenship by investment programme close to four decades ago and has invested upwards of US$300 million from the programme in modernising its infrastructure. She said Jamaica could do the same.

A trusted product 

St Kitts and Nevis offers a trusted product that has been acclaimed globally by independent studies like the annual CBI Index published by the Financial Times’ PWM magazine. With an influx of citizenship programmes on the market, St Kitts and Nevis continues to be a powerhouse within the industry with one of the longest-standing programmes in operation.

Those who become citizens gain a wealth of benefits, including increased global mobility to financial centres in Asia, Europe and Africa, alternative business prospects, and the ability to pass citizenship down, thus establishing a future legacy for one’s family. Additionally, St Kitts and Nevis does not impose any personal income, gift or inheritance tax and has a currency pegged to the US dollar, making it a financially lucrative destination for savvy investors.

The country’s CBI Unit, which processes all economic citizenship applications, usually issues approvals or denials within a period of three months. There are no interviews, language, education, or business requirements.

Travel to the island is not obligatory, and no minimum residence stays apply either before or after Citizenship is obtained. Due diligence procedures remain among the industry’s most robust, and the nation is strengthening them by focusing on enhancing fingerprinting and biometrics.

For those looking to hedge against future risks, combining the dual-island nation’s crypto-friendly policies and second citizenship provides investors with the ultimate insurance policy during times of unpredictability. St Kitts and Nevis remains the best destination for securing your future with a thriving financial services sector and a growing crypto hub.

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Govt to Introduce First Ever Policy for Livestock Industry

The first-ever policy for the development of the livestock industry in the country was drafted. Food security, poverty reduction, and increase in national income are among the key targets of the policy.The policy also plans to increase the current Rs. …

The first-ever policy for the development of the livestock industry in the country was drafted. Food security, poverty reduction, and increase in national income are among the key targets of the policy.

The policy also plans to increase the current Rs. 53 billion halal meat exports. The share of agriculture in the country is 60.7 percent, and economic growth is 11.6 percent, but the livestock sector has been inconsistent in the past. However, the incumbent government drafted the first livestock policy for food security, poverty reduction, and increase in national income, intending to double the digit growth in the livestock sector by 2025 with the help of the private sector.

According to the policy document, the employment of more than 8 million farmers in Pakistan is related to livestock, and the annual growth of this sector is only 4 percent. Pakistan annually exports halal meat and products worth more than Rs. 53 billion. The policy is targeting to increase the exports of halal meat, milk, butter, and other products.

According to the proposed draft policy, Pakistan has the potential to become a world leader in the livestock sector in the next ten years. In addition, modern organic livestock farming is planned to boost the number of farm animals, which currently lie at 120 million, and legislation will also be enacted to establish Food Safety, Animal and Plant Health Authority. Emphasis has been placed on allocating more funds for research on food safety, and modern laboratory systems.

The policy has also proposed the establishment of model mat production farms. It is proposed to give priority to trade in live animals and livestock products.

Commerce Adviser, Abdul Razzaq Dawood, said that after reviewing the proposed policy, an implementation strategy will be prepared

Source: Pro Pakistani

Karachi Ranks Among World’s Most Polluted Cities

Karachi Becomes Fourth Largest Polluted City in the WorldKarachi has become the world’s fourth-largest polluted city as its air quality index (AQI) has surged to an unhealthy level of 193.A study published by Pakistan Press International (PPI) reported…

Karachi Becomes Fourth Largest Polluted City in the World

Karachi has become the world’s fourth-largest polluted city as its air quality index (AQI) has surged to an unhealthy level of 193.

A study published by Pakistan Press International (PPI) reported that the fine particulate matter (PM2.5) concentration in Karachi was recorded at 32.9 µg/m³ this month which is above the World Health Organization’s (WHO) annual air quality threshold of 26 µg/m³.

According to the WHO, PM2.5 can penetrate through the lungs and further enter the body through the bloodstream, affecting all major organs. Exposure to PM2.5 can cause diseases both to the cardiovascular and respiratory system, provoking stroke, lung cancer, and chronic obstructive pulmonary disease.

The study identified that air pollution in the metropolis contains solid and liquid particles, and certain gases in the air, which make it hazardous for human health.

As per the report, transport and industrial emissions are major polluters followed by burning of garbage, emissions from refrigerators, generators, flying of dust, and stoves used in houses and hotels.

It said that all types of forests, including mangroves along Sindh’s coastline, which used to help absorb carbon dioxide and clean air in Karachi, have been reduced to an alarming level.

Karachi’s present mangroves forest cover is 50,000 hectares. In the last 50 years, Karachi has lost 10,000 hectares of mangrove forest due to encroachments, commercialization, and infrastructure development,” the study noted.

The study quoted Sindh Environmental Protection Agency saying that seawater encroachment and deforestation have caused extreme damage to ecosystems in Sindh.

“There has been mass depletion of mangrove forests in the area due to illegal logging, irrigation, and untreated industrial waste,” it said.

The study noted that only eight percent of the total land area of 34.84 million in Sindh is forest cover, which is three times lower than the international standards of 25 percent.

The annual survey of Pakistan released in June 2021 revealed that only 5.01 percent area of the country is under forest cover.

Commenting on the report, Pakistan Medical Association (PMA) Secretary-General, Qaisar Sajjad noted that Karachi had turned out to be the world’s fourth-largest air polluting city.

Source: Pro Pakistani

OGRA Notifies a Huge Increase in LPG Prices

Oil and Gas Regulatory Authority (OGRA) has increased the per kilogram price of Liquified Natural Gas (LPG) by Rs. 27, setting the prices at Rs. 234 per kg, while the international LPG prices are fixed at $980 per megatons (MT) after an increase of $10…

Oil and Gas Regulatory Authority (OGRA) has increased the per kilogram price of Liquified Natural Gas (LPG) by Rs. 27, setting the prices at Rs. 234 per kg, while the international LPG prices are fixed at $980 per megatons (MT) after an increase of $108 per MT in Saudi Aramco Contract Price.

The prices per domestic cylinder of LPG and per commercial cylinder have been set as Rs. 2,759 and Rs. 10,613, respectively, for March 2022 after an increment of Rs. 319 per domestic cylinder and Rs. 1226 per commercial cylinder.

During the current government’s tenure, the LPG prices have been increased by 160 percent, resulting in an increase of Rs. 144 per kg, Rs. 1,692 per domestic cylinder and Rs. 6,513 per commercial cylinder.

The LPG consumer prices have skyrocketed to historical levels, as LPG was available to poor people at Rs. 90 per kg with the rates of Rs. 1,067 per domestic cylinder and Rs. 4,100 per commercial cylinder in April 2020.

Chairman LPG Distributors Association Pakistan, Irfan Khokhar, said on Monday, “LPG is the poor people’s fuel and now it has gone out of reach for the poor LPG consumers and poor rickshaw drivers due to this surge in LPG prices on a daily basis.” He regretted, “We will fail to achieve the dream of Green Clean Pakistan if prices do not get under control.”

He demanded the government to resume the operations of Jamshoro Joint Venture Limited (JJVL) in order to save more than Rs. 4 billion.

Source: Pro Pakistani

NH&MP to Impose Heavy Fines on Overloaded Vehicles

National Highways and Motorways Police (NH&MP) will increase the fines for overloading in view of the damage it causes to the highways.Inspector-General NH&MP, Inam Ghani, said on Monday that the rate of fines would soon be increased fo…

National Highways and Motorways Police (NH&MP) will increase the fines for overloading in view of the damage it causes to the highways.

Inspector-General NH&MP, Inam Ghani, said on Monday that the rate of fines would soon be increased for overloading as overloaded vehicles were destroying the highways. Overloaded vehicles would not be allowed to enter motorways and highways, he announced

During an ‘E-Khuli Kachehri’, on FM-95 Radio and the official Facebook page, the IG answered the questions of people from across the country and from abroad.

NH&MP is regularly holding the ‘E-Khuli Kachehri’ as per the directive of Prime Minister, Imran Khan, and Minister for Communications, Murad Saeed.

During the session, Ghani issued directions to the authorities concerned to resolve the problems of the general public. The E-Khuli Kachehris, he said, was the best way to remain in direct contact with the general public and help solve problems.

He emphasized the measures required to keep the motorways, highways, and expressways free from traffic accidents to save precious lives and to ensure the safe travel of passengers. He said NH&MP had started ensuring effective and more stringent enforcement of rules, adding that it was taking steps, including snap checking of unregistered vehicles, vehicles with tinted glasses, people driving without a license or not fastening seat belts, unfit vehicles, fancy number plates, drunk driving, overcharging, vehicles with extra lights, and overloaded vehicles, at various toll plazas.

He observed that accidents were happening on highways due to motorcyclists and illegal u-turns. The Motorway Police has started closing down the illegal u-turns, he added.

The IG emphasized that strict action had been ordered against those who set fire to the grass around the motorways. He said every possible step was being taken to meet the shortage of manpower. In this regard, he maintained, an advertisement had been issued for recruitment on 440 different posts from Grade 1 to 5. He said that the institution was further enhancing its operational capacity and ensuring safe travel for passengers.

Xiaomi to Start Mobile Phone Production in Pakistan Next Week

Air Link Communication Limited is all set to begin the production of Xiaomi mobile phones in Pakistan next week, the company’s notice to the Pakistan Stock Exchange (PSX) has revealed.According to the official notice, President of Pakistan Dr. Arif Alv…

Air Link Communication Limited is all set to begin the production of Xiaomi mobile phones in Pakistan next week, the company’s notice to the Pakistan Stock Exchange (PSX) has revealed.

According to the official notice, President of Pakistan Dr. Arif Alvi will inaugurate the company’s state-of-the-art production facility at Kot Lakhpat, Lahore, on March 4, 2022.

Sources within Air Link claim that around 3 million Xiaomi handsets will be indigenously manufactured while the initiative will create over 3,000 direct jobs in the national market, with the country expected to earn more than $550 million through sales of Xiaomi mobiles.

Xiaomi is a global mobile phone brand and is ranked at 334th among the Fortune Global 500 companies. In Q2 2021, it emerged as the world’s second-largest smartphone manufacturer, beating Apple at that time. Currently, it is the number one mobile phone brand in Europe and other major markets including India.

In an official statement, Air Link said, “It’s a historic event for our country where Xiaomi, one of the largest smartphone companies, is kicking off production in Pakistan by joining hands with Select Technologies Private Limited, a wholly-owned subsidiary of Air Link”.

“This production facility is a step forward in the direction of PM’s vision of ‘Make in Pakistan’ and will have a huge impact on Pakistan’s economy resulting in the export of locally-produced Xiaomi mobile phones,” the statement concluded.

Source: Pro Pakistani