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1.2 million children vaccinated in Afghanistan against polio after an outbreak

Special Correspondent - 2010-06-08 09:52
New York: The United Nations World Health Organization (WHO) has vaccinated more than 1.2 million children in Afghanistan against polio after an outbreak of the sometimes deadly disease in neighbouring Tajikistan, where it was thought to have been eradicated nearly one decade ago.

World Bank Offers Implementation Guidance for Offshore And Large Scale Onshore Wind Power Development in China

Special Correspondent - 2010-06-08 09:47
SHANGHAI -The World Bank has launched two new reports on wind power. The reports, titled “Regulatory Review of Offshore Wind in Five European Countries” and “Strategic Guidance,” present examples and options for consideration by China in meeting the challenges of offshore and large scale onshore wind power development.

IRANIAN NUCLEAR PROGRAMME IS 'SPECIAL CASE'

Special Correspondent - 2010-06-08 09:41
New York: The head of the United Nations International Atomic Energy Agency (IAEA) has said that the potential military dimensions of Iran's nuclear programme make the country a “special case” for the agency as he called on Tehran to take action to ensure it fully implements its international obligations.

WORLD CUP OFFERS CHANCE TO TACKLE RACISM AND INTOLERANCE

Special Correspondent - 2010-06-08 09:38
New York: The soccer World Cup, set to kick off in South Africa later this week, is a perfect opportunity to highlight the need to tackle racism and intolerance on and off the field, says the United Nations human rights chief.

UNICEF SEEKS TO END USE OF CHILD SOLDIERS ACROSS CENTRAL AFRICA

Special Correspondent - 2010-06-08 09:35
New York: The United Nations Children's Fund (UNICEF) is helping to find ways to ensure that children do not serve as soldiers in Central Africa, a region plagued by conflicts in which minors have been fighting on behalf of both militias and national armies.

After a long boom, Sweden was amongst the first to falter in the great recession

Prospects for growth in 2010-11 remain uncertain
Special Correspondent - 2010-06-08 09:26
After a long boom, Sweden was amongst the first to falter in the great recession, says the International Monetary Fund (IMF) mission to the country. It said that output fell 5 percent in 2009. In this context, unemployment has risen to over 9 percent, corporate financial positions—notably of manufacturing exporters—have deteriorated, and output may be some 4 to 6 percent below capacity.

Growth in the euro area expected to be moderate and uneven

Special Correspondent - 2010-06-08 09:12
In the Context of the 2010 Article IV Consultation Discussions with Euro-Area Countries the International Monetary Fund (IMF) has said that policymakers need to take decisive action to complete the project of monetary union. The current euro area crisis results from fiscally unsustainable policies in some countries, delayed repair of the financial system, insufficient progress in establishing the discipline and flexibility needed for a smooth functioning of the monetary union, and deficient governance of the euro area. Consequently, divergences in economic performance have been allowed to fester, building up imbalances and leading to the recent dramatic wake-up call from markets.

Make concerted efforts to end the “scandal” of women dying in childbirth

Special Correspondent - 2010-06-08 09:04
New York: UN Secretary-General Ban Ki-moon has called for concerted efforts to end what he described as the “scandal” of women dying in childbirth, saying even simple clinical procedures such as clean delivery rooms and the presence of a trained midwife could greatly reduce pregnancy-related deaths.

IMF Reaches Staff-Level Agreement with Latvia for €108 million

Special Correspondent - 2010-06-08 08:58
A joint mission from the International Monetary Fund (IMF) and the European Commission (EC) visited Riga from May 19 to June 7 as part of the third review of the country's Stand By Arrangement (SBA).