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CRISIS IN PAKISTAN MOUNTS

FANATICS DOMINATING SOCIETY
Amulya Ganguli - 2011-02-01 10:50
How true is the conventional wisdom that Pakistan’s disintegration is the worst thing that can happen to India? The standard belief is that our neighbour’s descent into chaos will lead to anarchy in India as well. However, leaving aside the question of nuclear weapons till later, it may be worthwhile to consider what will happen if Pakistan’s civil structure does fall part.

World Bank to finance Competitiveness and Environmental Sustainability in Montenegro

Special Correspondent - 2011-01-31 23:57
WASHINGTON - The World Bank Board of Directors today approved a new Country Partnership Strategy (CPS) for Montenegro, providing the framework for the World Bank’s assistance to Montenegro during the period 2011–14. The CPS reflects both Montenegro’s status as an upper middle income country with well-defined development priorities and its overarching policy objective of advancing the process of integration into the European Union (EU).

OPIUM CULTIVATION IN AFGHANISTAN TO DECLINE

Special Correspondent - 2011-01-31 23:49
New York: Poppy cultivation in Afghanistan is expected to decline slightly this year despite the current high prices of opium, the United Nations Office on Drugs and Crime (UNODC) said today, basing the information on a qualitative assessment of farmers’ intentions in the Asian country.

IMF Approves Three-Year, US$508.7 Million Arrangement for Kenya

Special Correspondent - 2011-01-31 23:45
The Executive Board of the International Monetary Fund (IMF) today approved a three-year arrangement under the Extended Credit Facility for Kenya in an amount equivalent to SDR 325.68 million (about US$508.7 million). The program is aimed at protecting Kenya’s external position, while allowing a gradual fiscal adjustment. The Executive Board’s approval will immediately enable an initial disbursement of an amount equivalent to SDR 65.1 million (about US$101.7 million).

REFUGEES FROM CÔTE D’IVOIRE CRISIS COULD TOP 100,000 BY APRIL

Special Correspondent - 2011-01-31 23:41
New York: As UN Secretary-General Ban Ki-moon kept up his diplomatic push for a speedy solution to the post-electoral crisis in Côte d’Ivoire, United Nations agencies called for urgent funding today, warning that refugees fleeing to neighbouring Liberia could top 100,000 by the end of April.

Expansionary macroeconomic policies put pressure on Lao's economy

Special Correspondent - 2011-01-31 23:17
In concluding the 2010 Article IV consultation with Lao P.D.R., Executive Directors of the IMF endorsed staff’s appraisal and said that Lao P.D.R.’s economy held up remarkably well, despite the global recession. The crisis had an impact on exports, non-regional tourism and capital inflows. However, supported by ongoing projects in the mining and hydropower sector as well as expansionary fiscal and monetary policies, growth has remained higher than the average for low-income countries in Asia. At the same time, the authorities managed to contain inflation below the average for low-income countries in Asia. As a result, important gains continue to be made in improving living standards and reducing poverty. The authorities deserve credit for that.

‘RAISING THE COST’ FOR THOSE WHO USE RAPE AS A WEAPON OF WAR

Special Correspondent - 2011-01-31 23:12
New York: Only when rape in armed conflict becomes a liability for armed groups rather than a tool in the struggle for power – a war crime that will bring inevitable punishment – will progress be made in eliminating the scourge, UN Secretary-General Ban Ki-moon said today.

URGENT STEPS NEEDED TO CURB RISING FOOD AND OTHER COMMODITY PRICES

Special Correspondent - 2011-01-31 20:35
New York: Senior United Nations officials today called for urgent steps to rein in the rising prices for basic farm produce, petroleum and raw industrial materials whose volatility hits the world’s poorest people the hardest.

UKRAINE: UN CONCERNED AT REPORTED GOVERNMENT PROBES OF HIV/AIDS GROUPS

Special Correspondent - 2011-01-31 20:30
New York: The United Nations today voiced concern at reported Ukrainian Government-led investigations of HIV/AIDS programmes run by non-governmental organizations (NGOs) while at the same time praising a new law promoting a human rights-based approach to the disease.

FISH DEMAND REACHES ALL-TIME HIGH BUT GLOBAL STOCKS STILL LOW

Special Correspondent - 2011-01-31 20:27
New York: Fish consumption has reached an all-time high and more people than ever are employed in or depend on the fisheries sector, according to a new United Nations report, which also warns that global fish stocks have not improved.