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DRAFT BIODIVERSITY ACCORD FINALIZED

Special Correspondent - 2010-03-31 08:47
New York: After a week of intensive discussions and six weeks of preparation, a draft international agreement on access to the Earth's genetic resources and the fair and equitable share in benefits from their use has been finalized at a United Nations meeting in Cali, Colombia.

BLUE HELMETS TO AIRLIFT NINE ORPHAN GORILLAS TO DR CONGO NATURE RESERVE

Special Correspondent - 2010-03-31 08:44
New York: Nine orphan gorillas will start new lives in a nature reserve in eastern Democratic Republic of the Congo (DRC), thanks to assistance from peacekeepers serving with the United Nations mission in the country, known as MONUC.

EL NIÑO TO LOSE GRIP BY MID-YEAR

Special Correspondent - 2010-03-31 08:33
New York: The El Niño weather pattern - blamed for this year's heavy snows in the United States and a long-running drought in Australia - has peaked, but is expected to influence climate patterns worldwide until mid-year before dying out, the United Nations weather agency has said.

CYPRIOT LEADERS ENCOURAGED BY PROGRESS IN UNITY TALKS

Special Correspondent - 2010-03-31 08:22
New York: Greek Cypriot and Turkish Cypriot leaders have expressed their appreciation of United Nations efforts to reunite the Mediterranean island of Cyprus, saying important progress had been made in recent talks between the two sides.

PAKISTAN

REPORT ON BHUTTO KILLING DELAYED UNTIL 15 APRIL ON PRESIDENT'S REQUEST

Special Correspondent - 2010-03-31 08:19
New York: The presentation of the report of the independent United Nations probe looking into the facts and circumstances of the December 2007 assassination of former Pakistani prime minister Benazir Bhutto, which had been scheduled for 30th March 2010, has been delayed until 15 April at the request of the country's President.

Implementation of the Joint Management Action Plan on Bank-Fund Collaboration

Special Correspondent - 2010-03-31 08:13
The Executive Board of the International Monetary Fund (IMF) has discussed a report prepared by the staffs of the IMF and the World Bank on “Implementation of the Joint Management Action Plan on Bank-Fund Collaboration.”

US$120 Million Grant for Agriculture Rehabilitation and Recovery Support Project in the Democratic Republic of Congo

Special Correspondent - 2010-03-31 08:05
WASHINGTON ― The World Bank Board of Executive Directors has approved an International Development Association (IDA) grant of US$120 million to increase agricultural productivity and improve marketing of crops and animal products by smallholder farmers in targeted areas of northern Equateur province and the Pool Malebo area located in the vicinity of Kinshasa.

US$25.5 Million for the Water, Electricity and Urban Development Project in the Republic of Congo

Special Correspondent - 2010-03-31 08:03
WASHINGTON ― The World Bank Board of Executive Directors approved on March 25, 2010 a US$25.5 million grant from the International Development Association (IDA) for the Water, Electricity and Urban Development Project in the Republic of Congo.


World Bank Provides US$50.7 Million to Improve Road Network in Tamil Nadu, India

Special Correspondent - 2010-03-31 08:00
WASHINGTON, DC ─ The World Bank has approved a US$50.7 million loan to India, designed to improve quality and sustainability of the core road network in the state of Tamil Nadu. This funding is additional financing to the Tamil Nadu Road Sector Project, which became effective on October 31, 2003, with a loan amount of US$348 million.