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ISRAELI EASING OF GAZA BLOCKADE PAINFULLY INSUFFICIENT

Special Correspondent - 2010-04-23 09:08
New York: The recent easing of some Israeli restrictions on the entry of goods into Gaza is welcome but infinitesimal when compared to the needs of the 1.5 million Palestinians living there, the top United Nations official in the Strip said.

ALARM SOUNDED ABOUT ESCALATING POLITICAL TENSIONS IN THAI CAPITAL

Special Correspondent - 2010-04-23 08:53
New York: UN Secretary-General Ban Ki-moon has voiced concern about the ongoing political stand-off in Thailand, where several dozen people have died this month in clashes between anti-Government protesters and police on the streets of the capital, Bangkok.

IMF wants countries to be put under Financial surveillance frameworks

Special Correspondent - 2010-04-23 08:49
The Executive Board of the International Monetary Fund (IMF) met on April 16, 2010, to discuss how to modernize the mandate and modalities of IMF surveillance as well as how to strengthen financial sector surveillance. The Executive Board discussions are part of a broader review of the Fund's mandate covering: surveillance, financing, and the stability of the international monetary system. An initial overview discussion was held by the Executive Board on February 22, 2010.

Future Financing Role of the IMF: Preventing crises and mitigating contagion from systemic shocks

Special Correspondent - 2010-04-23 08:39
Executive Directors of the International Monetary Fund (IMF) has welcomed its staff's thought-provoking ideas for further strengthening the financing role of the Fund to help prevent future crises and mitigate contagion from systemic shocks. A stronger global financial safety net would help countries better manage volatility, complementing their own efforts to strengthen policy frameworks. Given concerns about moral hazard and financial risks to the Fund, Directors stressed the need for a thorough analysis of the various options for the Fund's financing role from which to draw a balanced set of specific reform proposals.

DR Congo: Military presence in the northwestern province of Equateur

Special Correspondent - 2010-04-23 08:32
New York: The top United Nations envoy in the Democratic Republic of the Congo (DRC) has pledged to strengthen its military presence in the northwestern province of Equateur to help the Government provide better protection for civilians following a deadly raid by rebels earlier this month on the regional capital.

WORLD BANK STEPS UP TO PLATE IN WAR ON MALARIA WITH $200 MILLION FOR BED NETS

Special Correspondent - 2010-04-23 08:27
New York: Backing a call for greater action from the United Nations Special Envoy for Malaria, the World Bank committed $200 million to provide people in sub-Saharan Africa with treated bed nets to protect them from a disease that kills nearly 1 million people every year.

ICELANDIC VOLCANO SPOTLIGHTS NEED FOR GLOBAL DISASTER RISK REDUCTION PLANS

Special Correspondent - 2010-04-23 08:16
New York: The recent eruption of a volcano in Iceland, which grounded flights in Europe for nearly one week, has exposed the world's vulnerability to such disruptive events and underscored the need for global plans to minimize fallouts in the future, a top United Nations official said.

PRESENCE OF ARMED MILITIAS THREATEN RECENT PROGRESS IN LEBANON

Special Correspondent - 2010-04-23 08:13
New York: Despite major strides in strengthening Lebanon's sovereignty and territorial integrity, the presence of armed militias continues to pose a threat to the country and the region, warns a new United Nations report.

SAFEGUARDING EARTH CRUCIAL TO DEVELOPMENT, HUMAN WELL-BEING

Special Correspondent - 2010-04-23 08:10
New York: UN Secretary-General Ban Ki-moon has stressed the need to respect and care for the Earth, noting that safeguarding the environment will impact efforts to achieve development goals and ensuring the health and well-being of its inhabitants.