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ADB to Improve Land, Sea, and Air Infrastructure in Solomon Islands

Special Correspondent - 21-12-2010 12:28 GMT-0000
MANILA, PHILIPPINES - The Asian Development Bank (ADB) will help Solomon Islands upgrade its land, sea, and air transport infrastructure to support economic activities and social service delivery.
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On the visit of Russian President Dmitry A Medvedev, Dec 21-22

Russia supports India in present geo-politics

Joint cooperation in energy, defence, space, pharma, IT, trade and investment worked out
ASHOK B SHARMA - 21-12-2010 06:07 GMT-0000
New Delhi: Russia has once again proved to be a time-tested friend of India in changing geo-political scenario. It has supported India “as a deserving and strong candidate for a permanent seat in an expanded UN Security Council (UNSC)”


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World Bank Provides US$1.5 Billion to Expand Support for India’s Rural Roads Program

Special Correspondent - 21-12-2010 04:59 GMT-0000
WASHINGTON: The World Bank today approved a $1.5 billion Credit and Loan for the Prime Minister’s Rural Roads Program, or the Pradhan Mantri Gram Sadak Yojana (PMGSY) to continue improving rural accessibility of roads for hundreds of millions of residents especially in lagging regions.

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Inadequate sanitation costs India the equivalent of 6.4 per cent of GDP

Special Correspondent - 21-12-2010 04:57 GMT-0000
NEW DELHI – Inadequate sanitation causes India considerable economic losses, equivalent to 6.4 per cent of India’s GDP in 2006 at US$53.8[i] billion (Rs.2.4 trillion), according to The Economic Impacts of Inadequate Sanitation in India, a new report from the Water and Sanitation Program (WSP), a global partnership administered by the World Bank.
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IMF Executive Board Completes First Review Under Policy Support Instrument for Rwanda

Special Correspondent - 20-12-2010 23:58 GMT-0000
The Executive Board of the International Monetary Fund (IMF) today completed the first review under the three-year Policy Support Instrument (PSI) for Rwanda. The Executive Board also approved modifications of assessment criteria under the PSI.
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RECOVERY OF GLOBAL SHIPPING INDUSTRY WILL TAKE MORE TIME

Special Correspondent - 20-12-2010 23:55 GMT-0000
New York: While the hard-pressed shipping industry is recovering from recent declines, it is still being hindered by fragile global economic conditions as well as depressed freight rates and an oversupply of vessels, says a new United Nations report.
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On the visit of the Russian President Dmitry A Medvedev, Dec 21-22

India-Russia deals on hydrocarbons, nuclear energy, defence on the anvil

People-to-people movement, higher education cooperation, trade and investment to be worked out
ASHOK B SHARMA - 20-12-2010 23:53 GMT-0000
New Delhi: India and Russia are likely to sign some new agreements for cooperation in hydrocarbons sector, civil nuclear energy, space, science and technology and defence as the Russian President Dmitry A Medvedev arrives on a two-day visit on December 21.

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CÔTE D’IVOIRE

UN ACCUSES DEFEATED LEADER OF DISTORTING ITS POSITION, HARASSING STAFF

Special Correspondent - 20-12-2010 23:50 GMT-0000
New York: The United Nations mission in Côte d’Ivoire today accused President Laurent Gbagbo, who has refused to step down despite his electoral defeat, of distorting its position and launching a new wave of harassment against its staff, including night-time knocks on the door by armed men.
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WINDOW FOR POLITICAL DIALOGUE MAY BE OPENING IN AFGHANISTAN

Special Correspondent - 20-12-2010 23:18 GMT-0000
New York: There is an increasing sense that conditions for reconciliation in Afghanistan are becoming more favourable and that there may soon be a real opportunity for a political dialogue leading to a settlement, Secretary-General Ban Ki-moon says in his latest report on the war-torn country.
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