Wall Street

by Barry Wood

Online Stock Market Trading Pakistan's new pro-business prime minister, Shaukat Aziz, is promoting the idea of an ambitious gas pipeline that would extend from Iran through Pakistan to India.If you would like to receive late breaking business news covered by AXcess News then you need to subscribe. By joining, you can stay ahead of the pack and receive the latest news in your email in-box first.

They settled in areas below the Himalayas, like India and Pakistan, where they reside until this day.

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Despite the capture and trade of bears being illegal in both India and Pakistan, dancing bears still exist on the Indian subcontinent.

Stock Market Game Jan 28, 2005 (AXcess News) Davos, Switzerland - Pakistan's new pro-business prime minister, Shaukat Aziz, is promoting the idea of an ambitious gas pipeline that would extend from Iran through Pakistan to India. Mr. Aziz Thursday told participants at the World Economic Forum in Switzerland that Pakistan wants to promote peace by boosting economic cooperation with its neighbors.

Countries such as India, Pakistan, China, Turkey, Tibet, and Nepal have greatly improved their quality in recent years and warrant consideration.

Stock Investing Game Mr. Aziz says Pakistan's fast growing economy requires more natural gas. His pipeline proposal would create an energy corridor that would provide gas for both Pakistan and India. Iran is initially enthusiastic about the idea and Mr. Aziz hopes to sign a framework agreement for the project when he visits Iran next month. The pipeline would cost $2-$4 billion and take three to five years to build. Mr. Aziz says the pipeline would draw from the huge Persian Gulf gas field shared by Iran and Qatar.

Over 2, 000 bears in India and 600 in Pakistan are living out their days dragged from town to town by a rope or a chain, dancing for entertainment.

Journal Prime Rate Street Wall "So we're talking to both [Iran and Qatar]. And we're also talking to India about the energy corridor because their needs are really quite substantial. And what we're trying to do is use this to meet our energy needs and also create inter-dependencies between countries. Because we firmly believe that if you create the linkages and dependencies you can push the peace process forward much stronger," he said.

As a result, bear dancing has been banned in Greece and Turkey and sanctuaries have been set up in India, Pakistan, Thailand, Greece, Hungary, Turkey and Romania.

Stock Market News Mr. Aziz says if the pipeline project materializes it would significantly improve relations between traditional rivals, India and Pakistan. Both India and China, with fast growing energy-short economies, are seeking access to oil and gas supplies in the Middle East. Mr. Aziz, a former Citibank executive, says the project is in its early stages and there are several ways the transaction could be structured.

Stock Investing Basics "I can describe some hypothetical scenarios," he added. "One, you set up a company that owns end to end, from the gas fields to the final use of the product. It could own the pipeline and different people could invest in it. Another is that we deliver the gas at the border, say India, and we collect it at the Pakistani border. The other could be that a consortium of oil and gas companies could join and fund the project. The other is that governments could do it. So all options are being looked at."AdvertisementMr. Aziz calls the project the peace pipeline. It would exploit Pakistan's strategic location at the cross roads of South Asia, Central Asia and the Middle East.Source: Voice of America

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