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New York: High food prices prevented more than 19 million people in the Asia-Pacific region from lifting themselves out of poverty last year, the United Nations said in a new study released today, warning that soaring food and fuel inflation will keep large sections of the region’s population below the poverty threshold.

New York: Haitians must embrace the rule of law to advance peace and prosperity, UN Secretary-General Ban Ki-moon stresses in a new report, adding that the country and its new leadership will require sustained international support to achieve this goal amid a set of daunting challenges.

New York: The effects of slow-onset climate change are expected to have “potentially catastrophic” impact on food production in developing countries in future, the United Nations Food and Agriculture Organization (FAO) warned today, calling for action to mitigate the adverse consequences.

The ensuing polls to the five state assemblies are absolutely crucial to the Left parties. While the Congress is in direct confrontation with the Left in some states, the BJP is not that relevant. The polls are crucial for the Left movement in the country. It will also have an impact on the national political scene.

The International Monetary Fund (IMF) mission visited the United Arab Emirates from February 27 to March 7, to hold discussions for the United Arab Emirates’ 2011 Article IV consultation. Discussions focused on near-term economic policies; measures to maintain financial stability; and a medium-term strategy to mitigate risks posed by the highly-leveraged Government-Related Enterprises (GRE) and maintain macroeconomic stability over the business cycle.

MANILA, PHILIPPINES - The Asian Development Bank (ADB) is extending a $500 million loan facility to support Georgia's drive to improve water and sanitation services in expanding secondary towns which are becoming major drivers of growth and employment in the Caucasus country.

The WikiLeaks cables have been providing an unabashedly frank set of commentaries and report-backs from Unites States diplomats on the conversations and activities that the power elite of the world engage in. What must be a rather painful pinprick to the ego of über-nationalists of third-world nations, the leaks reveal that petty to hefty political operatives feel way more comfortable about airing views about their own nation and polity before foreign diplomats rather than in front of their own people.

THIRUVANANTHAPURAM: The Congress in Kerala continues to be riven by factionalism despite the claims of Kerala Pradesh Congress Committee chief Ramesh Chennithala to the contrary.

New York: Trade in creative goods and services has remained robust despite a decline in global commerce as the result of the world financial crisis, reflecting the potential of the “creative economy” to boost economic growth particularly in the developing countries, according to a new United Nations report unveiled today.

The Executive Board of the International Monetary Fund (IMF) has completed the second and third reviews of Antigua and Barbuda’s economic performance under a program supported by a 36-month Stand-by Arrangement (SBA). The completion of the reviews allows the immediate disbursement of an amount equivalent to SDR 6.75 million (about US$10.7 million), bringing total disbursements under the arrangement to an amount equivalent to SDR 27 million (about US$42.7 million).