Environmental & Financial Benefits of 360 kW Photo Voltaic Solar System (On-Grid) in University of Wah

In the 21st century, the utilization and application of renewable energy resources are the need of the hour. Currently, in Pakistan, the cost of electricity per unit is very high and it has a huge effect on financial matters. In this study, we have analyzed the 360 kW Photovoltaic (PV) Solar system (On-Grid) installed at the University of Wah, its effects on the financial aspects, and environment change before and after its installation and operation. There are many types of renewable energy resources but not all of them are environmentally friendly. The University of Wah opted for the PV Solar system because it is environmentally friendly with no carbon emissions and requires very less maintenance. In this paper, we have also discussed, how this system benefits the local community and benefits the environment. All the facts and statistics about the 360 kW PV Solar System (On-Grid) are shared in detail.Keyword: Photovoltaic solar panels, Electricity Demand, Renewable energy, Environmentally friendly, Climate chang

Spillover and risk transmission in the components of the term structure of eurozone yield curve

The components of term structure of interest rate are an important element of the asset pricing models. This article studies the connectedness of the component of the sovereign yield curve across eleven earliest members of the Eurozone comprising six core countries (Germany, Netherlands, Finland, Austria, Belgium, France) and five peripheral countries (Greece, Ireland, Italy, Portugal and Spain) thus enabling us to analyse the short-, medium- and long-term yield curve dynamics of these eurozone economies. We document three distinct phases of connectedness described by the early eurozone period, global financial crisis and the European sovereign debt crises, and the period afterwards. We find a higher level of connectedness between the countries before the global financial crisis, which decreased to its lowest levels during the European debt crisis and is now rising back to higher levels following the European debt crisis. We find that, in general, the core countries are net transmitter of spillover, whereas, the peripheral countries are net receivers of spillover for the three components of the yield curve

Pro-Cyclical Effect of Sovereign Rating Changes on Stock Returns: A Fact or Factoid?

© 2018, © 2018 Informa UK Limited, trading as Taylor & Francis Group. This article examines the effect of changes in sovereign credit ratings and their outlook on the stock market returns of European countries at different phases of business cycle. Using standard four-factor model, it records a significant average marginal effect of credit rating announcements on stock market returns. Both magnitude and significance of the effect vary with business cycle and across announcement types. However, we do not find evidence of pro-cyclical effect of sovereign rating and outlook changes on stock returns. Our results show that stock markets react more negatively to rating downgrades in recovery phases and more positively to rating upgrades in contractionary period. Both results are statistically significant and robust to various sensitivity tests

Network connectedness dynamics of the yield curve of G7 countries

Our study examines the connectedness between the sovereign bond yield curve components (Slope, Curvature and Level) of the Group of Seven (G7) countries. Using the framework of Nelson and Siegel we are able to track their connectedness over the long, medium and short-term horizons. The results of the static analysis show an increased connectedness in the long-term as compared to medium and short-term factors, whereas the results of dynamic analysis demonstrate three distinct phases of connectedness over time. Specifically, these phases are characterized by stable, decreasing and then increasing level of connectedness of the G7 system before, during and after the 2008 crisis, respectively. We also find France as well as Germany function as the net transmitters of shocks whereas UK and Japan function as the net receivers of the shocks for all the components of their yield curves. The findings may shed light on the dynamics and interaction of yield curve shocks between these major economies and may be essential for financial market participants such as investors, fund managers, and policy makers, which debt consists a part of their assets allocation

Cardiovascular magnetic resonance imaging in hypertrophic cardiomyopathy: Current state of the art

Hypertrophic cardiomyopathy (HCM) is the most common genetic cardiomyopathy with a prevalence of 1:500 (0.2%) in the general population. Sudden cardiac death (SCD) is the most feared presentation of HCM. Therefore, it is essential to identify individuals at high risk in order to prevent SCD. The absence of conventional risk factors does not nullify the risk of HCM related SCD. Although echocardiography is currently the most widely used imaging modality, cardiac magnetic resonance (CMR) allows detailed characterization of the HCM phenotype, which makes it possible to differentiate HCM from other causes of left ventricular hypertrophy. CMR has the potential to further refine risk stratification. Late gadolinium enhancement (LGE) on CMR is a high-risk feature and there is emerging data to suggest that the presence of LGE should be employed as a marker for major adverse outcomes such as SCD, arrhythmias, systolic and diastolic heart failure. Hence, LGE on CMR may be considered an additional risk factor for SCD in HCM patients and should be incorporated in decision-making for implant­able cardioverter defibrillator implantation to aid primary prevention. Novel markers such as the extent of myocardial fibrosis on CMR must be accounted for comprehensive risk stratifica­tion of HCM patients. The purpose of this review is to discuss the current status and emerging role of CMR in HCM

Network connectedness of the term structure of yield curve and global Sukuks

This paper explores the connectedness between the returns and volatilities of the conventional and Islamic bond markets. We use the level, slope, and curvature of the US yield curve and estimate the connectedness of these factors with the Dow Jones Islamic indices (of 3 to 10 years of maturity) as well as the minimum connectedness portfolio. The static analysis shows that level and slope of the conventional yield curve are the net transmitters of shocks while the Islamic indices have been mostly at the receiving end. The dynamic connectedness analysis shows a varying degree of the connectedness over the full sample period characterized by distinctive trajectories of booms and busts. The pairwise connectedness analysis also confirms that level and slope are the net transmitters in the system with an exception in most recent times of Covid-19 pandemic. The findings have implications for the researchers, policy makers, regulators, shariah boards, investors, and fund managers

Prevalence and risk factors of Hepatitis B among pregnant women.

Introduction: Globally Hep C virus (HBV) a public health problem account for 2 billion infection and 400 million of them were chronically infected1,2,3. In Pakistan prevalence among general population is 4.3 % with carrier rate 3-5% (7-9 million) 4.  The prevalence of HBV among pregnant women 5% (range 0.6% to >20%) worldwide, leading mother to child transmission causing fetal and neonatal hepatitis, attributed for 30% to 50% of chronic carriers. Methodology: A cross-sectional study was conducted among randomly selected 140pregnantwomen attended the antenatal clinic of the District hospital of Rahim-Yar-Khan in June-July 2013. Rapid diagnostic tests kits were used to access for HB surface antigen (HBsAg).  A face to face interview was carried out by using structured pre-tested questionnaire to obtain demographic and other information. Results: 16(9.3%) out of 140 pregnant women were found to be positive for HBsAg, higher risk age group was 20-29 years 10(62.5%) , 16(100%) out of 16 infected women and 6(4.83%) out of 124 non-infected women had Negative history of HBV in Husband. Blood transfusion in last pregnancy was 14(87.5%) out of 16 infected women and 52(41.93%) out of 124 non-infected women. 10(62.5%) out of 16 infected women and 5(4.03%) out of 124 non-infected women has passed through dental procedures. Therefore, negative history of HBV in Husband, blood transfusion and dental procedures in last pregnancy were the most prevalent risk factors among infected women. Among the total 124, 76(61.29%) were vaccinated against HBV, while 0(0%) out of 16 infected women were not vaccinated. Conclusion: Prevalence of the HBV among pregnant women in Rahim-Yar-Khan is of intermediate endemicity (11.4%). Past history of blood transfusion and HBV infected Husband was the most prevalent risk factor. Health education regarding risk factors, preventive measures should be given to pregnant women with the involvement of Lady Health Worker and mass media. Free screening and immunization of pregnant women should be incorporated in antenatal and postnatal program of hospital

Pattern of acute diarrhea and its management among children at DHQ Hospital, Attock city from July-August 2014.

Introduction: Acute diarrhea is the 2nd most common cause of death among children under 5 years age countrywide. It is the passage of watery or loose stools 3 or more times in 24 hours and lasting less than 14 days. Methodology: This Comparative study was carried out at DHQ Hospital Attock City from July-August 2014 by using a close ended questionnaire. Results: From July 2014-August 2014, a total of 40 children having acute diarrhea were hospitalized in the DHQ Hospital Pediatric ward. There were more males n=24(60%) then females n=16 (40%) and the male to female ratio was 1.5: 1. 50% of the patients presented in 2nd half of 1st year.  n=32 (80%) children presented with 4 days of illness. All patients had passed 8-10 stools per day. One had passed 15-20 stools per day. n=9 (22.5%) child pass small amount of blood/ mucous in stools. Exclusive breastfeeding was reported in n=8 (20%) of the patients. n=18 (45%) children did not show any signs of dehydration, n=15 (37.5%) showed some dehydration and n=7 (17.5%) showed severe dehydration. Symptoms associated with diarrhea were fever n=31 (77.5%), cough n=17 (17.5%), vomiting n=8 (20%), oral thrush n=1 (2.5%). Blood CP n=39 (97.5%), ESR, Stool Examination n=31 (77.5%), X-Ray Chest n=8 (20%) were the investigations done in children. ORS/OEM use rate was 40 (100%) while rate of antibiotic (ceftriaxone) was n=7 (17.5%), n=33 (82.5%) received  Zinc Sulphate in syrup form, n=31 (77.5%) received Syrup Paracetamol. Conclusion: Diarrhea is a common illness among children under 1-year age. Fever is the most common associated symptom with diarrhea. Parenteral diarrhea due to abdominal infections is also predominant condition. Key Words: Diarrhea, Abdominal infections, Oral rehydration salt

Geographical Evaluation of Socio-economic Condition of Sargodha City to Measure Urban Poverty

The current study presents the socio economic conditions of people of Sargodha city to analyze the urban poverty level. Research was accomplished during the year of 2016-2018. Urban poverty is a burning social issue in world when a person do not succeeds to carry out his family needs and wants. A survey was conducted in eleven different colonies and 188 households were visited. Poverty level was scrutinized according to international poverty line less than 1 Dollar per day. During the field survey it was perceived that 17 percent of the households have income of less than 1 Dollar per day and they were real poor. Different parameters were examined like slums, dependency ratio, income, transportation, drinking water scheme, sewerage system and literacy rate. These parameters have compared with poverty to analyze the affordability and living condition of people. It was examined that there were several reasons for poverty in city like unemployment / low income, less education, high dependency ratio etc. Most of the people have large families but low income due to not as much of education and more dependent people in households. It was also suggested that Government should make better living conditions for people by providing technical skills to uneducated person to diminish unemployment and should advance the sanitation problems for better lifestyle

Geographical Evaluation of Socio-economic Condition of Sargodha City to Measure Urban Poverty

The current study presents the socio economic conditions of people of Sargodha city to analyze the urban poverty level. Research was accomplished during the year of 2016-2018. Urban poverty is a burning social issue in world when a person do not succeeds to carry out his family needs and wants. A survey was conducted in eleven different colonies and 188 households were visited. Poverty level was scrutinized according to international poverty line less than 1 Dollar per day. During the field survey it was perceived that 17 percent of the households have income of less than 1 Dollar per day and they were real poor. Different parameters were examined like slums, dependency ratio, income, transportation, drinking water scheme, sewerage system and literacy rate. These parameters have compared with poverty to analyze the affordability and living condition of people. It was examined that there were several reasons for poverty in city like unemployment / low income, less education, high dependency ratio etc. Most of the people have large families but low income due to not as much of education and more dependent people in households. It was also suggested that Government should make better living conditions for people by providing technical skills to uneducated person to diminish unemployment and should advance the sanitation problems for better lifestyle