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New York: A former leader of Switzerland who was instrumental to his country joining the United Nations eight years ago was on 11th June, chosen by the world body's 192 Member States to serve as the next President of the General Assembly.

New York: United Nations aid agencies and their partners in Guatemala have appealed for nearly $14.5 million to provide relief to survivors of Agatha, the first tropical storm of this year's Pacific hurricane season, which brought with it the heaviest rains in the Central American country in nearly 60 years.

The Executive Board of the International Monetary Fund (IMF) has approved the first review of Ethiopia's economic performance under the 14-month arrangement under the high-access component of the Exogenous Shocks Facility (ESF). The Executive Board decision was taken on a lapse of time basis. The approval will enable Ethiopia to draw SDR 40.11 million (about US$58.7 million), bringing total disbursements under the arrangement to SDR 113.65 million (about US$166.2 million).

New York: Any inquiry set up by Israel to investigate the Gaza flotilla incident which led to the deaths of nine civilians must be given a genuine capacity to find facts or it will not be considered credible, the United Nations Special Rapporteur on extrajudicial executions has said.

Since the last review in 2002, Malawi has made progress in reforming its trade policy regime in the areas of customs procedures, competition policy, government procurement, and privatization of some state-owned enterprises, according to a WTO Secretariat review on the trade policies and practices of Malawi.

WASHINGTON, DC - The World Bank's Board of Executive Directors has approved a grant of $4.788 million from the Global Environment Facility to the People's Republic of China to help reduce the rural and agricultural pollution to the East China Sea. The GEF grant will be used in combination with $29.891 million from the recipient to develop activities that demonstrate effective and innovative pollution reduction in Shanghai's selected rural areas.

WASHINGTON, DC - The World Bank's Board of Executive Directors has approved a loan of $150 million to the People's Republic of China to help improve urban transport and road safety in Taiyuan, Shanxi Province.

WASHINGTON - The World Bank's Board of Executive Directors has approved a loan of $100 million to the People's Republic of China to support sustainable development in poor rural areas in Chongqing Municipality, Henan Province and Shaanxi Province. The World Bank loan is supplemented by a grant of $4.265 million from the Global Environment Facility focused on improving sustainable land resource management and climate change adaptation.

WASHINGTON, DC — The World Bank's (WB) Board of Executive Directors approved a US$450 million loan this Thursday to develop public policies aimed at supporting the Mexican government's efforts of promoting the adaptation of its water sector to climate change.

WASHINGTON — The World Bank has approved a credit of US$79 million for the Skills and Training Enhancement Project (STEP). The project will assist Bangladesh in further developing human capital resources by strengthening public and private training institutions that improve the skill set and employability of the workforce.