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Rural Financial Reform Needed to Ease Poverty in China

Special Correspondent - 2011-01-28 09:48
MANILA, PHILIPPINES - The People's Republic of China (PRC) needs to reform its rural financial system if it is to tackle poverty in the countryside and allow agriculture and local businesses to play a strong, long-term role in the domestic economy, says a new book from the Asian Development Bank (ADB).
India

BJP TO LAUNCH ELECTION CAMPAIGN IN UTTAR PRADESH

RAHUL GANDHI IS EQUALLY ACTIVE
Pradeep Kapoor - 2011-01-28 09:42
LUCKNOW: The Bharatiya Janata Party (BJP) will launch its campaign for Mission 2012 to capture power in Uttar Pradesh from Kanpur on February 5 in the presence of senior leaders of NDA. Senior leaders like L K Advani, Sushma Swaraj and BJP President Nitin Gadkari and NDA leaders like Nitish Kumar and Sharad Yadav are expected to participate in the rally.
India

RBI MEASURE IS INADEQUATE

PRICE SPIRAL TO CONTINUE
Nantoo Banerjee - 2011-01-28 09:38
Soft options are not particularly effective to take hard issues head on. But, that is exactly the way it has been with the United Progressive Alliance (UPA) II government, a captive of various vested interests, whose please-all policy seems to have forgotten the poor and the common man in the process. For instance, the Reserve Bank of India’s (RBI) latest 0.25 per cent bank (repo) rate increase provides a clear signal that the country’s central bank has given up on fighting inflation. It suggests, if anything, the RBI’s near capitulation to the wishes of the government, big business, foreign financial institutions (FIIs) and stock market on the inflation management issue.

ADB to provide up to $240 million to China Wind Power Group Ltd

Special Correspondent - 2011-01-28 07:06
BEIJING – The Asian Development Bank (ADB) will provide up to $240 million to China WindPower Group Ltd., a wind power company, to support private sector participation in wind power farms in the northern part of the People’s Republic of China (PRC).

Over 80% of ADB Member Countries Subscribe to General Capital Increase

Special Correspondent - 2011-01-28 07:04
MANILA, PHILIPPINES - More than 80% of the Asian Development Bank's (ADB) 67 member countries have subscribed to ADB's Fifth General Capital Increase, with others likely to follow suit ahead of a newly extended subscription deadline.

CURBING NON-COMMUNICABLE DISEASES: BAN CALLS ON INDUSTRY TO PLAY ITS FULL PART

Special Correspondent - 2011-01-27 23:27
New York: With non-communicable diseases such as cancer, stroke and heart disease accounting for 60 per cent of all deaths, UN Secretary-General Ban Ki-moon today called on the world's businesses leaders to help curb the risk factors behind a scourge that is expected to increase by half in developing countries by 2030.

ASIAN NATIONS ON ALERT AFTER LIVESTOCK DISEASE OUTBREAK IN REPUBLIC OF KOREA

Special Correspondent - 2011-01-27 23:24
New York: The United Nations Food and Agriculture Organization (FAO) today notified veterinary and border authorities in Asia of a major outbreak of foot-and-mouth disease in the Republic of Korea, urging them to be on the look-out for livestock showing signs of infection by the highly contagious animal disease.

Making Room for a Planet of Cities

Special Correspondent - 2011-01-27 23:01
WASHINGTON – At present rates of density decline, the world’s urban population is expected to double in 43 years, while urban land cover will double in only 19 years, according to a new report launched today by the Lincoln Institute of Land Policy and supported by Cities Alliance and the World Bank.

HOLOCAUST MEMORIAL DAY OBSERVED WITH EXHIBITIONS AND PLEDGES OF 'NEVER AGAIN'

Special Correspondent - 2011-01-27 19:14
New York: The United Nations today honoured the memory of the estimated six million Jews and countless others who perished in the Nazi death camps of the Second World War with ceremonies around the world and pledges to wipe genocide off the face of the Earth.
WTO: INTERNATIONAL TRADE STATISTICS

Global Forum on Trade Statistics: Getting the figures right

Special Correspondent - 2011-01-27 19:10
On 2-4 February 2011, statisticians from developed and developing economies will discuss methods on how to measure trade accurately, in Geneva at the World Trade Organization (WTO).