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Uruguay’s economic growth performance during the last seven years has been impressive, capping a remarkable recovery from the country’s crisis in 2002. Domestic and external factors have contributed to this economic result, not least years of consistent implementation of prudent policies and major reforms.

New Delhi: India and China are partners in economic progress and co-operation, and the two countries can gain substantially by leveraging on each other’s strengths, accotding to the visiting Chinese Premier, Wen Jiabao.

At the request of the Netherlands authorities a Financial Sector Assessment Program (FSAP) team led by the Monetary and Capital Markets Department of the IMF has visited the Netherlands between November 29 and December 14, 2010 in order to conduct an update of the Fund’s 2004 assessment of the soundness and stability of the Netherlands financial sector. It has been the practice that such assessments are undertaken roughly every seven years.

New York: The number of refugees entering Liberia from Côte d’Ivoire, which has been thrust into political uncertainty after the incumbent president refused to concede electoral defeat, has risen to about 3,500 with scores of people arriving every day in Liberian villages along the border, the United Nations refugees agency said today.

Directors of the International Monetary Fund (IMF) have commended the authorities of Cambodia for their timely policy response, which had helped mitigate the impact of the global crisis and supported the nascent recovery. Directors noted, however, that to achieve sustainable broad-based growth, it will be necessary to address the economy’s long-standing structural weaknesses which were exposed by the global crisis. This includes expanding the limited fiscal space; strengthening monetary policy, especially in light of high degree of dollarization; preserving financial system stability; and promoting private sector-led economic diversification.

New York: The United Nations today launched the first global report on the resources currently available to tackle alcohol and illicit drug use disorders, which affect millions of people worldwide and cause a range of other health problems.

New York: The outcome of last week’s United Nations climate change conference in Cancún, Mexico, has put the negotiation process back on track, a UN official said today, outlining some of the key agreements reached at the meeting.

New York: A massive scale-up in malaria control programmes between 2008 and 2010 has resulted in the provision of enough insecticide-treated mosquito nets (ITNs) to protect more than 578 million people at risk in sub-Saharan Africa, according to a United Nations report issued today.

New York: Chadian security forces entrusted with protecting civilians will need continued international assistance after the United Nations mission withdraws at the end of the year, the top UN envoy in the country said today.

New York: The United Nations peacekeeping mission in the Democratic Republic of the Congo (DRC) voiced concern today at the possibility of renewed attacks on civilians by the brutal Ugandan rebel Lord’s Resistance Army (LRA) over the upcoming holiday season.