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India: Uttar Pradesh

MAYAWATI GOVERNMENT UNDER SEIGE

CBI ARRESTS A NUMBER OF OFFICIALS
Pradeep Kapoor - 2011-05-07 11:34
LUCKNOW: Mayawati Government is under siege in Uttar Pradesh as the leading political parties of the state have started intensive campaign against the large scale corruption in the administration which the BSP supremo is heading for nearly four years. Simultaneously, CBI has arrested a number of the state officials for being involved in corruption.
India

FINANCE MINISTRY WORRIED AT FATE OF REFORMS BILLS

BJP TAKING CONFRONTATIONIST STANCE
Special Correspondent - 2011-05-07 11:30
NEW DELHI: The latest confrontation between the Congress and the BJP over the report on 2G scam finalized unilaterally by the BJP chairman of the Public Accounts Committee of Parliament Dr. Murli Manohar Joshi, has unnerved the Finance Ministry which has been desperately seeking BJP support for the passage of the important financial sector bills in the monsoon session of Parliament.

INDEPENDENT UN HUMAN RIGHTS EXPERTS SEEK FACTS ON BIN LADEN KILLING

Special Correspondent - 2011-05-06 23:57
New York: Two independent United Nations human rights experts today called on the United States to disclose further details of the recent killing of Osama bin Laden, particularly if there were plans to capture him alive.

Improved Connectivity Through Infrastructure Critical to Sustain Asia and Pacific's Economic Growth

Special Correspondent - 2011-05-06 23:55
HA NOI, VIET NAM - Infrastructure in Asia and the Pacific must not only be strengthened and expanded but also enable the cost-effective movement of goods, services, and people across boundaries if the region is to sustain robust economic growth in the decades to come.

Rising labor and other production costs threatening Asia’s competitiveness

Special Correspondent - 2011-05-06 23:53
HA NOI, VIET NAM - Rising labor and other production costs are threatening Asia’s competitiveness and preventing many countries from transitioning beyond the hard-won middle income status they have attained in recent decades, a seminar audience heard today.

Montenegro: Recovery is gaining momentum but risks remain

Special Correspondent - 2011-05-06 23:45
Executive Directors of the International Monetary Fund (IMF) have noted that, although the recovery is gaining momentum, limited policy space and incomplete reforms pose risks to the outlook. Accordingly, Directors encouraged the authorities to step up efforts to reconstitute fiscal, external, and financial buffers and to address rigidities in product and labor markets.

INITIATIVE TO SPUR JOB CREATION FOR AFRICA’S POOR LAUNCHED

Special Correspondent - 2011-05-06 23:41
New York: The United Nations Development Programme (UNDP) has launched an initiative to boost job creation through involving low-income people in Africa in business development programmes as customers, employees, producers or entrepreneurs.

Tanzania has shown continued strong macroeconomic performance

Special Correspondent - 2011-05-06 23:39
The Executive Board of the International Monetary Fund (IMF) today completed the second review of Tanzania’s economic performance under the Policy Support Instrument (PSI). The Executive Board also concluded Tanzania’s annual Article IV consultation, which will be covered in a subsequent Public Information Notice.

NEW LEBANESE GOVERNMENT SHOULD BE FORMED AS SOON AS POSSIBLE – UN ENVOY

Special Correspondent - 2011-05-06 23:34
New York: The United Nations Special Coordinator for Lebanon today reiterated the need for the formation without delay of a functioning government, noting the many issues that remain to be addressed by the authorities.

NIGERIA: UN SIGNS COOPERATION PACT TO BOOST ADULT AND YOUTH LITERACY

Special Correspondent - 2011-05-06 23:26
New York: The United Nations agency tasked with promoting universal access to education today signed an agreement with Nigeria to revitalize adult and youth literacy in a country where an estimated 50 million adults cannot read and write and nearly 9 million children are out of school.