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UNITED STATES’ BACKING FOR INDIGENOUS RIGHTS TREATY HAILED

Special Correspondent - 17-12-2010 23:04 GMT-0000
New York: The announcement by President Barack Obama that the United States supports the landmark United Nations treaty outlining the rights of the world’s estimated 370 million indigenous peoples was hailed today at the world body.
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Burundi

Macroeconomic outlook in 2011 positive, real GDP projected to rise by 4.5 percent, inflation at about 8 percent

Special Correspondent - 17-12-2010 18:39 GMT-0000
A mission from the International Monetary Fund (IMF), led by Mr. Bernardin Akitoby, visited Bujumbura from December 1–10, 2010 to conduct the fifth review of the government’s economic and financial program supported by the IMF under the Extended Credit Facility (ECF).
Actions for Macroeconomic outlook in 2011 positive, real GDP projected to rise by 4.5 percent, inflation at about 8 percent

OECD terminates shipbuilding agreement negotiations

Special Correspondent - 17-12-2010 18:27 GMT-0000
The OECD has decided to terminate negotiations on a Shipbuilding Agreement, following a recommendation from Ambassador Harald Neple, Chair of the OECD’s Council Working Party on Shipbuilding (WP6). Negotiations began in 2002 and were paused in September 2005.
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THE BIG PLAY IN ASIA

Convergence and divergence rule India-China relations

China assertive, India accomodative
ASHOK B SHARMA - 17-12-2010 06:46 GMT-0000
One of the most difficult area of study for the students of international diplomacy is India-China relations. This relationship can be rightly characterized as one of limited convergence and wide divergence of interests, depicting the growing nature of rivalry rather than friendship.
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Burundi

SECURITY COUNCIL SETS UP NEW BODY TO FURTHER CONSOLIDATE PEACE

Special Correspondent - 16-12-2010 23:58 GMT-0000
New York: The Security Council today set up a “significantly scaled-down” United Nations operation in Burundi to help the Central African country as it embarks on the latest stage of its recovery from decades of civil war and ethnic fighting.
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IMF Approves €22.5 Billion Extended Arrangement for Ireland

Special Correspondent - 16-12-2010 23:54 GMT-0000
The Executive Board of the International Monetary Fund (IMF) today approved a three-year Extended Fund Facility (EFF) arrangement for Ireland to support the authorities’ economic adjustment and financial stabilization program. The Fund arrangement amounts to SDR 19.5 billion (about €22.5 billion; or US$30.1 billion), or the equivalent of about 2,322 percent of Ireland’s IMF quota.
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FINANCIAL CRISIS SLASHED GLOBAL WAGE GROWTH BY HALF

Special Correspondent - 16-12-2010 23:49 GMT-0000
New York: The financial and economic crisis cut global wage growth by half in 2008 and 2009, according to a new United Nations report.
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POPULATION ISSUES, GENDER MUST FIGURE HIGH IN SUSTAINABLE DEVELOPMENT TALKS

Special Correspondent - 16-12-2010 23:47 GMT-0000
New York: The United Nations Population Fund (UNFPA) is stepping up its efforts to ensure that gender, reproductive health and other population dynamics figure high on the agendas of upcoming global environmental and sustainable development discussions.
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SECURITY COUNCIL STEPS UP FIGHT AGAINST SEXUAL VIOLENCE IN CONFLICT

Special Correspondent - 16-12-2010 23:35 GMT-0000
New York: The United Nations stepped up its battle against sexual violence in conflicts around the world today with the Security Council calling for perpetrators to be publicly listed and punished with sanctions.
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COMMISSION FORMED ON EFFECTIVE USE OF RESOURCES FOR WOMEN’S AND CHILDREN’S HEALTH

Special Correspondent - 16-12-2010 23:32 GMT-0000
New York: The United Nations is establishing a high-level commission charged with developing an accountability framework that will link resources committed to women and children’s health with the results they are intended to achieve.
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