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Alcohol kills 2.5 million people every year

Special Correspondent - 2011-02-11 23:57
New York: The harmful consumption of alcohol kills an estimated 2.5 million people across the world every year, the United Nations World Health Organization (WHO) said in a report unveiled today, urging governments to implement measures to prevent drinking habits that damage health and cause other social problems.

Icelandic economy is recovering

Special Correspondent - 2011-02-11 23:45
A mission from the International Monetary Fund (IMF), headed by Julie Kozack, visited Reykjavík during January 31–February 12 to hold discussions for the fifth review under the US$2.1 billion Stand-By Arrangement. The mission met with senior government officials, parliamentarians, academics, representatives of the private sector, and labor organizations.

Greece economy to stabilize late in 2011

Special Correspondent - 2011-02-11 23:40
Staff teams from the European Commission (EC), European Central Bank (ECB), and International Monetary Fund (IMF) visited Athens during January 27 to February 11 for the third review of the government’s economic program, which is being supported by a €80-billion loan from Euro area countries and a €30-billion Stand-By Arrangement with the Fund.

Kyrgyz economy recovering more quickly than expected

Special Correspondent - 2011-02-11 23:36
An International Monetary Fund (IMF) team, led by Mr. Nadeem Ilahi, visited Bishkek January 31–February 4, 2010 to review recent economic developments, discuss immediate policy priorities in the context of the new government’s economic plans.

SECURITY COUNCIL DISCUSSES POVERTY AND UNDER-DEVELOPMENT AS ROOT CAUSES OF CONFLICT

Special Correspondent - 2011-02-11 23:12
New York: The Security Council, which normally deals with country-specific issues of war and peace such as the Middle East or Sudan, today held a day-long, high-level debate on the root causes that fuel conflict in the world, like poverty and under-development.

IMF Mission and Salvadoran Authorities Reach Agreement on an Economic Program for 2011

Special Correspondent - 2011-02-11 23:07
An IMF mission visited San Salvador during January 31-February 11, 2011 for discussions on the second review of the Stand-By Arrangement. The mission met with Technical Secretary of the Presidency Alex Segovia, Minister of Finance Carlos Cáceres, Central Bank President Carlos Acevedo, other senior officials, members of congress, and private sector representatives.

CELL PHONE NETWORK CONGESTION SET TO WORSEN, UN URGES RAPID BROADBAND GROWTH

Special Correspondent - 2011-02-11 23:03
New York: With smartphones already consuming five times more data capacity than ordinary mobile phones and their number set to soar from 500 million today to nearly 2 billion by 2015, broadband growth is vital not just for developing countries but for the world’s most advanced nations too, a senior United Nations communication official warned today.
SAARC Foreign Ministers' Meeting in Thimphu Feb 7-8, 2011

India contributes to the SAARC process

Upcoming 17th SAARC Summit in Maldives later this year
ASHOK B SHARMA - 2011-02-11 22:11
India could give a boost to the SAARC process at the recent meeting of the foreign ministers of the South Asian regional body at Thimphu apart from re-engaging Pakistan for further bilateral talks.

CII-KPMG study

India’s $41.99 bn defence deals in the pipeline

Country slated to become a hub of global aerospace industry
ASHOK B SHARMA - 2011-02-11 16:23
New Delhi: In the last 48 months, Indian Ministry of Defence (MoD) has signed deals worth approximately $24.66 billion with global integrators. Deals worth another $41.99 billion are in the process of being finalized, according to the CII-KPMG study.