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DEFORESTATION THREATENS PLANET, ECONOMIES AND COMMUNITIES

Special Correspondent - 2011-11-17 19:15
New York: Deforestation not only threatens the planet’s climate and national economic development, but also communities whose income, culture and way of life depend on healthy forests, Secretary-General Ban Ki-moon stressed today on a visit to Indonesia.

Iran is developing a nuclear weapon: IAEA

UN AGENCY SEEKS VISIT TO CLARIFY NATURE OF IRAN’S NUCLEAR PROGRAMME
Special Correspondent - 2011-11-17 17:29
New York: The head of the United Nations International Atomic Energy Agency (IAEA) said today there is credible information that Iran is developing a nuclear weapon and called on the country to agree to a visit by a high-level team to clarify the nature of its nuclear programme.

Farooq favours partial lifting of AFSPA in Jammu and Kashmir

Calls for eliminating LeT
ASHOK B SHARMA - 2011-11-17 12:22
New Delhi: The President of National Conference, the largest political party in Kashmir, Dr Farooq Abdullah has favoured revoking of the Armed Forces Special Powers Act (AFSPA) from parts of J&K.

RICH-POOR GAP WIDENING IN AMERICA

CONGRESS STRUGGLING TO CUT DEFICIT
Kalyani Shankar - 2011-11-17 12:03
The poorest of poor is a concern in any country and so is in the United States. The aftermath of the global recession has produced an interesting two-tier recovery for Americans. The wealthiest maintain their spending habits and lifestyles while a record number of their fellow Americans are living in poverty. This scenario of the other America is not very flattering to the “country of dreams”.
Central African Republic

Economic activity in 2011 is below expectations

Special Correspondent - 2011-11-16 23:59
An International Monetary Fund (IMF) mission, led by Norbert Toé, visited the Central African Republic during November 3-16, 2011. The objectives of the mission were to conduct the 2011 Article IV consultation and review the implementation of corrective measures recommended by a July 2011 IMF mission.

FRANCE DIRECTED TO ARREST FORMER SPOKESPERSON

Special Correspondent - 2011-11-16 23:59
New York: The United Nations tribunal set up in the wake of the Balkan conflicts of the 1990s today ordered France to arrest a former tribunal spokesperson who has failed to pay a €7,000 fine imposed for contempt of court.

GOVERNMENTS AND PRIVATE SECTOR ACCELERATING TRANSITION TO GREEN ECONOMY

Special Correspondent - 2011-11-16 23:52
New York: Businesses and governments are accelerating investment in the green sectors of the economy, a United Nations report unveiled today shows, stressing that the trend will facilitate the transition towards a low-carbon, resource-efficient and socially inclusive global economic model.

Africans are growing old but face uncertain future

Special Correspondent - 2011-11-16 23:49
Africa’s population is ageing, just like in the rest of the world, but the continent’s governments are badly equipped to handle the growing number of older people.
Portugal

Recession in 2012 is now projected to be more pronounced

Special Correspondent - 2011-11-16 23:43
Staff teams from the European Commission (EC), European Central Bank (ECB), and the International Monetary Fund (IMF) visited Lisbon during November 7–16 for the second quarterly review of Portugal’s economic program. The mission has reached staff-level agreement on economic and financial policies to meet the program’s objectives. Strict implementation of these policies will be needed to restore external competitiveness, bolster confidence in the sustainability of public finances, and maintain financial stability while ensuring adequate credit in support of sustainable growth.