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SECURITY SECTOR REFORM IN AFRICAN COUNTRIES EMERGING FROM CONFLICT

Special Correspondent - 2011-10-12 23:24
New York: The Security Council today debated the need to reform the security sector in African countries emerging from conflict, with the United Nations peacekeeping chief calling it crucial to ensuring stability, reducing poverty and promoting sustainable development

GREEN INDUSTRIES ESSENTIAL TO FOSTER SUSTAINABLE ECONOMIC GROWTH

Special Correspondent - 2011-10-12 23:19
New York: Industries should take into account green measures for every aspect of what they do to be able to ensure their sustainable future, the United Nations agency entrusted with accelerating industrial development in poorer States said today.

MYANMAR: UN HELPS GOVERNMENT DEVISE DISASTER MITIGATION PLANS

Special Correspondent - 2011-10-12 20:24
New York: A senior United Nations official arrived in Myanmar today to help the Government devise measures to reduce the impact of natural disasters through early warning systems and other steps in a country where an estimated 140,000 people were killed and 2.4 million others affected by Cyclone Nargis in 2008.

SERIOUS HUMANITARIAN SITUATION IN YEMEN

Special Correspondent - 2011-10-12 20:21
New York: An increase in food prices, political uncertainty and fuel shortages are severely straining Yemenis’ ability to feed their families, the United Nations Food Programme (WFP) warned today, adding that the country is now facing a serious humanitarian situation.

IMF endorses Solomon Islands' multi-year budget framework

Special Correspondent - 2011-10-12 20:17
An International Monetary Fund (IMF) mission visited Honiara during September 29–October 12. The mission reached agreement at referendum with the authorities of the Solomon Islands on a new reform program that can be supported by a precautionary Standby Credit Facility (SCF) once the current SCF arrangement expires in December 2011.

AFRICA, ON EVE OF ECONOMIC RENEWAL, NEEDS WORLD TRADE AND INVESTMENT

Special Correspondent - 2011-10-12 20:12
New York: With Africa potentially on the eve of an economic renewal, a senior United Nations official today called on the international community to grant the continent fairer access to markets for its exports and invest in its lucrative resources by funding the necessary infrastructure.

Cypriot economy faces strong headwinds and substantial downside risks

Special Correspondent - 2011-10-12 19:45
The Cypriot economy faces strong headwinds and substantial downside risks that are likely to persist. In part, these risks reflect developments outside Cyprus – including financial turbulence across the euro area, exposure of the large banking system to developments in Greece, and darkening prospects for growth globally. But they also reflect imbalances that have developed in Cyprus in recent years, including the rapid deterioration of public finances. As a result, the government has lost access to international capital markets. Adverse feedback loops between fiscal imbalances and banking vulnerabilities pose a significant risk going forward.
India

PHONE EPISODE RATTLES UDF NERVES

BUOYANT LDF UPS THE ANTE
P. Sreekumaran - 2011-10-12 13:10
THIRUVANANTHAPURAM: The Oommen Chandy-led United Democratic Front (UDF) Government trumpets, day in and out, its commitment to transparency in governance. But there is nothing transparent about the phone episode involving former minister and Kerala Congress (B) president R Balakrishna Pillai and Chief Minister Oommen Chandy. If anything, it has been a phon(e)y affair all the way.