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The typical short-sightedness of military men may have blinded the Pakistan army to the perils of its dalliance with terrorists. But it will be an act of great folly if it pursues the same policies even after the latest demonstration of their potential to take the country back to medievalism.

New York: Eradicating global poverty while promoting sustainable development is the key challenge facing the world, as it becomes clear that economic progress based on the current pattern of production and consumption is increasingly harmful to the environment, according to a new United Nations report released today.

The Executive Board of the International Monetary Fund (IMF) today approved a successor two-year arrangement for Mexico under the Flexible Credit Line (FCL) in an amount equivalent to SDR 47.292 billion (about US$72 billion). The Mexican authorities stated they intend to treat the arrangement as precautionary and do not intend to draw on the line.

New York: The forthcoming conference on the world’s least developed countries provides an opportunity for the international community to recommit to helping these vulnerable States achieve economic growth and social development, a senior United Nations official said today.

New York: UN General Assembly President Joseph Deiss has been conferring with Chinese officials on a range of issues on the United Nations agenda, including the global anti-poverty targets known as the Millennium Development Goals (MDGs), sustainable development, global governance, and reform of the world body.

New York: UN Secretary-General Ban Ki-moon today called for the release of journalists, opposition candidates and their supporters who continue to be detained in Belarus following recent presidential elections.

The Executive Board of the International Monetary Fund (IMF) completed today the second and third reviews of Djibouti’s economic performance under the three-year Extended Credit Facility (ECF). The completion of the reviews enables the immediate disbursement of SDR 2.952 million (about US$4.52 million), bringing total disbursements under the program to SDR 8.292 million (US$12.70 million).

New York: The joint United Nations-African Union peacekeeping mission in Darfur (UNAMID) said today it is investigating further clashes in an area where thousands of people have already been displaced by recent fighting between Sudanese Government forces and rebels.

New Delhi: With the open content and open-access movement, we are seeing the early emergence of a meta-university — a transcendent, accessible, empowering, dynamic, communally constructed framework of open materials and platforms on which much of higher education worldwide can be constructed or enhanced., the Union Minister for Human Resource Development, Shri Kapil Sibal said while inaugurating the Indo-US Engineering Education Conclave here today.

New Delhi: Shri A. N. Raman, a Central Council Member of The Institute of Cost and Works Accountants of India (ICWAI), functioning under the aegis of the Ministry of Corporate Affairs, has taken over as the President, South Asian Federation of Accountants (SAFA), with effect from January, 2011. He was elected yesterday in the 72nd meeting of the General Assembly of SAFA held at Chennai.