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3 Billion Asians Could Become Affluent By 2050 - Asia 2050 Draft Report

Special Correspondent - 2011-05-04 11:06
HA NOI - By the middle of this century, an additional 3 billion Asians could enjoy higher living standards, but only if Asia sustains its present growth momentum and addresses daunting multigenerational challenges and risks, says a new report commissioned by the Asian Development Bank (ADB).

General Assembly designates 30 July as International Day of Friendship, grants EU higher status

Special Correspondent - 2011-05-03 23:59
New York: The General Assembly today voted to upgrade the status of the European Union’s (EU) participation at the United Nations 192-member body, and to designate 30 July as International Day of Friendship in an effort to strengthen amity between peoples and cultures.

Mauritius: IMF recommends a less expansionary fiscal policy

Special Correspondent - 2011-05-03 23:54
The authorities’ prompt policy response over 2008–10 helped to cushion the economy from the impact of the global crisis and supported an economic recovery in 2010, says Executive Board of the International Monetary Fund (IMF). The fiscal stimulus packages combined with monetary easing and various measures aimed at preserving private sector jobs contributed to the rekindling of growth to 4 percent in 2010. The policy measures included in the 2011 budget reflect the authorities’ intent to diversify exports, restructure and deleverage enterprises, accelerate public infrastructure investments, and improve the regulatory environment.

COLOMBIA: UN SOUNDS ALARM ABOUT FRESH FLOODS IN REGIONS ALREADY SUFFERING

Special Correspondent - 2011-05-03 23:47
New York: The United Nations humanitarian arm is voicing concern about the situation in Colombia, where a new rainy season is wreaking havoc at a time when many areas have not yet recovered from last season’s devastating floods.

Concern about food security in Central Asia is particularly acute

Special Correspondent - 2011-05-03 23:41
New York: The head of the United Nations Food and Agriculture Organization (FAO) today called for boosting trade ties among Central Asian nations, saying they could have a particularly beneficial effect on food security for countries in the region.

HEADACHES MOST COMMON DISORDERS BUT WIDELY UNTREATED

Special Correspondent - 2011-05-03 23:23
New York: Headaches are the most common health disorders across the world, yet they remain neglected and under-treated, according to a United Nations study released today, which calls for greater investment in health care to treat the problem effectively through better services and awareness.

FOREIGN INVESTMENT IN POOREST NATIONS SHOULD FOCUS ON JOB GROWTH

Special Correspondent - 2011-05-03 20:15
New York: The United Nations trade and development body is calling for shifting foreign direct investment (FDI) in the world’s poorest countries towards creating jobs and diversifying their economies, ahead of a major global conference next week on those nations.

GLOBAL POPULATION TO PASS 10 BILLION BY 2100

Special Correspondent - 2011-05-03 20:12
New York: The world’s population is projected to surge past 9 billion before 2050 and then reach 10.1 billion by the end of the century if current fertility rates continue at expected levels, according to United Nations figures unveiled today.

PESTICIDE PLACED ON UN LIST OF HAZARDOUS CHEMICALS TO BE ELIMINATED

Special Correspondent - 2011-05-03 20:10
New York: An insecticide widely used in agriculture for pest control has become the latest hazardous chemical to be added to the United Nations’ list of persistent organic pollutants (POPs) targeted for elimination from the global market by next year, the UN Environment Programme (UNEP) announced today.