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Ms. Nemat Shafik, Deputy Managing Director of the International Monetary Fund (IMF), and Her Excellency, Ambassador Beatrice Maser, Head of Economic Cooperation and Development of Switzerland, today signed an agreement on Switzerland’s contribution of $5 million to the IMF’s multi-donor Topical Trust Fund on Tax Policy and Administration.

New York: A United Nations-backed agreement reached this weekend will help ensure that influenza virus samples will be shared during a pandemic with partners who need the information to take steps to protect public health.

NEW DELHI: There is at least one sector of economy, and probably the only one in India, where any talk about the living and working conditions of workers is considered to be hereby. This sector is the yesteryear’s Export Processing Zones, having been given the nomenclature of Special Economic Zones (SEZs).

Having already killed the proposal to compose board of public companies with majority independent directors, the government has further diluted the corporate accountability norms for part-time directors by offering to protect them against executive wrong-doings in these companies. In other words, independent directors have been allowed to go scot-free in prosecution cases against an erred corporate management if offences occurred without their prior knowledge.

New York: Parties to the United Nations climate change convention today announced the selection of a 40-member committee tasked with designing an international fund to manage resources mobilized to enable developing countries to address the effects of climate change.

New York: Two former top Croatian generals were today convicted and sentenced to lengthy jail terms by a United Nations war crimes tribunal over atrocities carried out against ethnic Serb civilians during a military offensive in the Balkan conflicts of the 1990s.

A joint team from the International Monetary Fund (IMF) and the European Commission (EC) visited Riga during April 5–15 for discussions for the Fourth Review of the ongoing international financial support program.

New York: The United Nations refugee agency today voiced alarm at the growing number of deaths in the Gulf of Aden this year, noting that just this week 16 people have drowned and another five are missing – nearly all of them Somalis fleeing strife in their homeland – in two separate incidents.

New York: The United Nations World Food Programme (WFP) said today it urgently needs $257 million to continue providing food and assistance to over 7 million vulnerable Afghans, most of whom are women and children.

A mission from the International Monetary Fund (IMF) headed by Ms. Veronica Bacalu, Deputy Division Chief in the IMF’s Middle East and Central Asia Department, visited Yerevan from March 31-April 12, 2011. The team assessed developments and prospects, as well as performance under the authorities’ economic reform program supported by Extended Fund Facility (EFF)/Extended Credit Facility (ECF) arrangements. Performance continues to be positive, and the team reached staff-level agreement on targets and measures through the rest of 2011.