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IMF Completes Review Arrangement for Greece and Approves €4.1 Billion Disbursement

Special Correspondent - 2011-03-14 23:21
The Executive Board of the International Monetary Fund (IMF) today completed the third review of Greece’s economic performance under a program supported by a three-year Stand-By Arrangement (SBA) for Greece. The completion of the review enables the immediate disbursement of an amount equivalent to SDR 3.6 billion (about €4.1 billion), bringing total Fund disbursements under the SBA to an amount equivalent to SDR 12.725 billion (about €14.6 billion).
CÔTE D’IVOIRE

HOPEFUL SIGNS OF ‘BEGINNING OF END’ TO VIOLENT CRISIS

Special Correspondent - 2011-03-14 23:17
New York: The top United Nations official in Côte d’Ivoire has said he sees “promising signs” pointing to “the beginning of the end” of the crisis stemming from former president Laurent Gbagbo’s refusal to leave office despite his UN-certified defeat by opposition leader Alassane Ouattara.

WORK BEGINS ON REGIONAL LOGISTICS BASE IN DJIBOUTI

Special Correspondent - 2011-03-14 23:13
New York: The United Nations World Food Programme (WFP) today laid the foundation stone of a new humanitarian logistics base in Djibouti that will serve as a vital regional hub for the UN agency.

Dugong thrown a lifeline by a United Nations pilot project

Special Correspondent - 2011-03-14 23:08
New York: The dugong, the reputed mermaid of seafarers’ lore, was today thrown a lifeline by a United Nations pilot project that uses financial incentives to curb direct hunting or incidental by-catch of the large marine mammal amid concerns it could become extinct within 40 years.
To facilitate working with other global agencies

TERI acquires super computers to understand climate change

WIPRO’s supercomputer to help in fine-tuning the complexities in predicting the climate patterns
ASHOK B SHARMA - 2011-03-14 11:21
New Delhi: The Energy and Resources Institute (TERI) has acquired the latest state-of-the-art supercomputer from Wipro which would be used for quantification and understanding of the climate uncertainties by
high resolution global and regional climate models.

India

JUDGES GETTING INVOLVED IN CORRUPTION

JUDICIARY’S INTEGRITY BEING QUESTIONED
B.K. Chum - 2011-03-14 11:04
This is era of scams. Hence, the involvement of Judges in corruption cases should not cause surprise. The latest such case is of a former Punjab and Haryana High Court Judge Justice Nirmal Yadav against whom the CBI filed a chargesheet under Prevention of Corruption Act on March 4, the day she retired from Uttarakhand High Court.
India

DECLARING CANDIDATES FOR ASSEMBLY ELECTIONS

TRINAMOOL UPSTAGES LEFT FRONT
Ashis Biswas - 2011-03-14 11:01
KOLKATA: With the Trinamool Congress (TMC), surprises never end. Even as the ruling Left Front grappled to finalise its list of candidates for the 2011 State assembly elections, the eighth since it first won in 1977, the TMC announced some high profile non political nominees for a few prestige seats.
India

Slow pace of upcoming South Asian and Nalanda Universities

M.Y.Siddiqui - 2011-03-14 10:55
The much-hyped South Asian University, mooted in 2005, has begun functioning from August 26, 2010 from rented premises in New Delhi on a modest scale. Fifty students from Bangladesh, Bhutan, India, Nepal, Pakistan and Sri Lanka have started studying at the University. Initially, Post Graduate Course in Development Economics and Master of Computer Applications as decided by Inter Governmental Steering Committee and approved by all SAARC Member States have commenced.
Days after 26/11 Mumbai terror attack

US FBI concludes law enforcement exchange with India

Assures to help India in combating terrorism
ASHOK B SHARMA - 2011-03-14 10:10
New Delhi: The US Federal Bureau of Investigation (FBI), in partnership with the Indian Ministry of Home Affairs has concluded a five-day law enforcement exchange focusing on crime scene management and evidence collection techniques, according to the US Embassy sources.