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G-24

Implications of Current Global Economic Uncertainties for Developing Countries

Special Correspondent - 2011-04-14 23:11
Ministers of the Intergovernmental Group of Twenty-Four on International Monetary Affairs and Development held their eighty-fifth meeting in Washington D.C. on April 14, 2011. Mr. Lesetja Kganyago, Director-General of the Treasury of South Africa, was in the Chair, with Mr. R Gopalan, Secretary of Economic Affairs of India, as First Vice-Chair, and Mr. Alfonso Guerra, Director of International Affairs of Banco de México as Second Vice-Chair.

LANDLOCKED ASIA-PACIFIC COUNTRIES PLEDGE AT UN MEETING TO ENHANCE COOPERATION

Special Correspondent - 2011-04-14 17:39
New York: Landlocked developing countries in the Asia-Pacific region today pledged during a United Nations-backed meeting in Mongolia to promote greater cooperation and to reduce trade and transport barriers in an effort to achieve mutual sustainable development.

Six Banks Sign Armenia's First Trade Finance Agreements with ADB

Special Correspondent - 2011-04-14 17:35
MANILA, PHILIPPINES - The Asian Development Bank (ADB) today signed trade finance agreements with six banks in Armenia, a move that is expected to further bolster the country's trade sector and help ensure sustainable economic growth in the Central Asian country.

Ministers, Experts to Discuss Key Issues for Asia

Special Correspondent - 2011-04-14 17:31
MANILA, PHILIPPINES - Asia and the Pacific is facing rocketing food and fuel prices, further hurting the nearly 2 billion people in the region struggling on less than $2 a day and complicating economic and monetary policymaking. Floods and earthquakes in the region have added to the pressure.

SUDAN: UN WELCOMES AGREEMENT ON IMPLEMENTATION OF PACT ON ABYEI DISPUTE

Special Correspondent - 2011-04-13 23:25
New York: The United Nations Mission in Sudan (UNMIS) today welcomed the decision by both sides in the disputed area of Abyei to form a joint committee to oversee the implementation of an earlier agreement on the withdrawal of unauthorized armed forces from the area.

Donors Endorse Work Program of IMF Trust Fund to Help Countries Manage Natural Resource Wealth

Special Correspondent - 2011-04-13 23:20
Donors agreed today to endorse the work plan for the first year of operations of a new International Monetary Fund (IMF) trust fund designed to help ten low-income and lower-middle-income countries to manage better their natural resource wealth. The Managing Natural Resource Wealth Topical Trust Fund, launched in December 2010, will enable the IMF to step up its technical assistance to low- and lower-middle income countries with substantial extractive industries for harnessing the full benefit of their natural resources and accelerate poverty reduction. The trust fund’s donors are the European Union, Norway, Switzerland, Australia, the Netherlands, and Kuwait.

AREAS OF COMMON GROUND ON ENDING SOMALIA’S TRANSITION IDENTIFIED

Special Correspondent - 2011-04-13 23:15
New York: A United Nations-backed meeting on Somalia concluded today with participants agreeing on the need to strengthen security and redouble efforts to combat extremism in the Horn of Africa nation, as well as complete a number of tasks before the transitional period ends in August.
India

National Commission for Women to Enquire into Noida BEHEL Sisters Condition

Special Correspondent - 2011-04-13 17:19
New Delhi: Smt. Yasmeen Abrar, Chairperson, National Commission for Women has stressed that NCW would continue to educate the women to adopt the collective approach in the right direction and generate awareness to join the main stream of the nation.

India Sanctions 169 Rural Tourism sites

Special Correspondent - 2011-04-13 17:16
New Delhi: Ministry of Tourism has so far sanctioned 169 rural tourism sites in 28 states/Union Territories.
India

Women Air Warriors Embark on MT Everest Expedition

Special Correspondent - 2011-04-13 17:13
New Delhi: Striving to “Touch the sky with glory” a 20 member Indian Air Force mountaineering team was flagged off by the Air Officer-in-charge-Administration Air Marshal JN Burma today, to scale Mt Everest.