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IMF Approves New Two-Year US$30 Billion Flexible Credit Line Arrangement for Poland

Special Correspondent - 2011-01-21 23:06
The Executive Board of the International Monetary Fund (IMF) today approved a successor two-year arrangement for Poland under the Flexible Credit Line (FCL) in an amount equivalent to SDR 19.17 billion (about US$30 billion, or 1,400 percent of quota).

SOMALI DROUGHT WORSENING, DRIVING HERDERS WITH LIVESTOCK INTO CAPITAL

Special Correspondent - 2011-01-21 23:05
New York: The drought is worsening in many parts of strife-torn Somalia, with herders reported to be moving into Mogadishu, the capital, with their livestock for the first time ever due to lack of pasture and water, the United Nations reported today.

LATIN AMERICAN AND CARIBBEAN UNEMPLOYMENT DROPPED IN 2010

Special Correspondent - 2011-01-21 23:02
New York: The economic upturn in most Latin American and Caribbean countries in 2010 fuelled a 0.6 percentage point drop in unemployment – from 8.1 per cent in 2009 to 7.5 per cent – and is expected to lead to a further decrease of between 0.2 and 0.4 percentage points this year, the United Nations reported today.

MIGRANTS MISSING IN MEXICO, UN HUMAN RIGHTS CHIEF VOICES CONCERN

Special Correspondent - 2011-01-21 23:01
New York: The United Nations human rights chief today voiced deep concern over the fate of a group of about 40 migrants who have been missing since they were abducted in Mexico last month, and death threats to a prominent human rights defender assisting other migrants who escaped the kidnapping ordeal.

HEAVY RAINFALL TRIGGERS FLOOD ALERT IN SOUTHERN AFRICA

Special Correspondent - 2011-01-21 23:00
New York: Five countries in southern Africa have issued flood warnings following unusually heavy rainfall throughout the region, the United Nations humanitarian office reported today.
New minister of state for science and technology assumes office

Govt to legislate laws for promoting transgenic agriculture

Attention will be paid to researches in basic sciences, innovation and technological upgradation
ASHOK B SHARMA - 2011-01-21 16:08
New Delhi: India will aggressively promote transgenic agriculture but will also adequately take care about the concerns relating to health and environment, said Ashwani Kumar while taking charge as the Union minister for science and technology and earth sciences on Friday.
SPACE FOR PEACE AND PROGRESS

India must involve China in space negotiations, says leader of the ruling Congress Party

Moots global space coordinating agency
ASHOK B SHARMA - 2011-01-21 12:45
New Delhi: A leading Parliamentarian and spokesperson of the ruling Congress Party Manish Tewari urged the international community for “acceptable rules of the game” and “a global space coordinating agency” to prevent militarisation of space.
In a move to launch niche tourism products

India to promote golf tourism

About 70-78% golfers would be prepared to visit a new golfing destination
ASHOK B SHARMA - 2011-01-21 11:39
New Delhi: India is planning to promote a wide range of niche tourism products like golf, wellness and medical tourism.

OBAMA PREFERS TO PUT ASSERTIVE CHINA AT EASE

HU JINTAO COMMITS TO FAIR FIELD FOR US BUSINESS
S. Sethuraman - 2011-01-21 10:02
President Hu Jintao's state visit to USA, at the invitation of President Obama, with all pomp and ceremony, may have helped to restore a sense of balance and harmony, repairing a troubled bilateral relationship, after a year of acrimony over economic and security issues in the Asia-Pacific region. China had seemed to challenge America's continuing maritime dominance in Asian waters viewing it as a design for its encirclement while sovereignty assertions by Beijing over disputed islands in the South and East China Seas rattled some of the countries in the region.
India

BIZARRE GOVT HANDLING OF ILLEGAL FOREIGN FUNDS ISSUE

OFFENDERS EVADE LAWS AT WILL
Nantoo Banerjee - 2011-01-21 09:53
What is wrong with the United Progressive Alliance (UPA) government? Why is it going so soft on big-time Indian financial world criminals?