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Executive Directors of the International Monetary Fund (IMF) have noted that, owing to a track record of prudent macroeconomic management and a resilient financial sector, the economy has weathered the global crisis well, with growth starting to rebound. Directors observed that the main medium-term challenge is to achieve economic diversification through sustained reform efforts.

New York: United Nations experts have recommended that two pesticides, one severely hazardous pesticide formulation and three industrial chemicals be added to a trade “watch list” under a UN-backed treaty aimed at helping poorer countries more effectively manage potentially harmful imported substances.

An International Monetary Fund (IMF) mission led by Mr. Mauro Mecagni visited Cameroon during March 16–31, 2011 in order to conduct the 2011 Article IV Consultation. The mission worked closely with the Minister of Finance and the Minister of Economy, Planning, and Regional Development. It met with Prime Minister Philemon Yang, State Minister, Secretary General at the Presidency, Laurent Esso, other several ministers, members of the Committee of Finance and Budget and that of Economic Affairs of the National Assembly, the Governor and the National Director of the BEAC, senior officials, the business and diplomatic communities, representatives of labor unions and civil society organizations, and development partners.

New York: High food prices prevented more than 19 million people in the Asia-Pacific region from lifting themselves out of poverty last year, the United Nations said in a new study released today, warning that soaring food and fuel inflation will keep large sections of the region’s population below the poverty threshold.

New York: Haitians must embrace the rule of law to advance peace and prosperity, UN Secretary-General Ban Ki-moon stresses in a new report, adding that the country and its new leadership will require sustained international support to achieve this goal amid a set of daunting challenges.

New York: The effects of slow-onset climate change are expected to have “potentially catastrophic” impact on food production in developing countries in future, the United Nations Food and Agriculture Organization (FAO) warned today, calling for action to mitigate the adverse consequences.

The ensuing polls to the five state assemblies are absolutely crucial to the Left parties. While the Congress is in direct confrontation with the Left in some states, the BJP is not that relevant. The polls are crucial for the Left movement in the country. It will also have an impact on the national political scene.

The International Monetary Fund (IMF) mission visited the United Arab Emirates from February 27 to March 7, to hold discussions for the United Arab Emirates’ 2011 Article IV consultation. Discussions focused on near-term economic policies; measures to maintain financial stability; and a medium-term strategy to mitigate risks posed by the highly-leveraged Government-Related Enterprises (GRE) and maintain macroeconomic stability over the business cycle.

MANILA, PHILIPPINES - The Asian Development Bank (ADB) is extending a $500 million loan facility to support Georgia's drive to improve water and sanitation services in expanding secondary towns which are becoming major drivers of growth and employment in the Caucasus country.

The WikiLeaks cables have been providing an unabashedly frank set of commentaries and report-backs from Unites States diplomats on the conversations and activities that the power elite of the world engage in. What must be a rather painful pinprick to the ego of über-nationalists of third-world nations, the leaks reveal that petty to hefty political operatives feel way more comfortable about airing views about their own nation and polity before foreign diplomats rather than in front of their own people.