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Strong commodity demand from Asia underpins Australia’s favorable economic prospects

Special Correspondent - 2011-10-06 23:58
Executive Directors of International Monetary Fund (IMF) have noted that although recent global market volatility has increased uncertainty about the economic outlook and tilted risks downward, strong commodity demand from emerging Asia underpins Australia’s favorable economic prospects.

PROPER WATER MANAGEMENT VITAL TO GREEN ECONOMY

Special Correspondent - 2011-10-06 23:50
New York: Successful water projects can serve as templates around the world and help to stimulate the adoption of green economies, a conference run by the United Nations inter-agency group focused on water issues has heard.

AFRICA’S PACE OF DEVELOPMENT SLOW AND UNEVEN

Special Correspondent - 2011-10-06 23:47
New York: Africa’s overall progress towards achieving the internationally agreed targets to eradicate extreme poverty and accelerate social development has been slow and generally insufficient to meet the 2015 deadline, the United Nations says in a new report unveiled today, noting, however, that there have been small gains.

DEADLY CHOLERA OUTBREAK IN CENTRAL AFRICAN REPUBLIC

Special Correspondent - 2011-10-06 23:41
New York: The United Nations Children’s Fund (UNICEF) is distributing emergency supplies and has dispatched experts to the Central African Republic (CAR) to deal with an outbreak of cholera that has already claimed 14 lives.

Low and middle-income countries should resist temptation to establish world-class universities

Special Correspondent - 2011-10-06 23:27
WASHINGTON - In a global economy that depends on sophisticated innovation and knowledge to drive growth and wealth, a new World Bank report on higher education suggests that low- and middle-income countries should resist the temptation to establish world-class universities to cash in on research earnings and court global prestige before educating their own citizens to high tertiary standards.

INDIAN OCEAN TSUNAMI TO BE RE-ENACTED TO TEST WARNING SYSTEM

Special Correspondent - 2011-10-06 21:45
New York: More than 20 nations will participate next week in a full-scale exercise to test a United Nations-backed early warning system which will re-enact the events of the 2004 Indian Ocean tsunami.

DEATH TOLL FROM SYRIAN VIOLENCE TOPS 2,900

Special Correspondent - 2011-10-06 21:42
New York: The death toll from months of violent clashes between Syrian Government forces and pro-democracy protesters has now climbed to 2,900, the United Nations human rights office said today.

GLOBAL CEREAL PRODUCTION TO RISE, FOOD INSECURITY TO CONTINUE

Special Correspondent - 2011-10-06 21:38
New York: Despite improved prospects for world cereal production and falling prices, food security is likely to remain precarious in some regions in 2011-2012, with the slowdown in global economic recovery and increased risks of recession casting a shadow, the United Nations warned today.

Countries in the Asia-Pacific should simplify trade procedures

Special Correspondent - 2011-10-06 21:35
New York: Countries in the Asia-Pacific region should simplify their trade procedures to remain competitive during the current global economic uncertainty, according to experts at a United Nations-convened regional forum on trade policy that concluded yesterday.