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New York: The Security Council today ended United Nations mandates on Iraq stemming from the 1991 and 2003 wars, including those on weapons of mass destruction (WMDs), in a move that Secretary-General Ban Ki-moon called a “milestone” on the country’s path to normality.

Executive Directors of the International Monetary Fund (IMF) have noted that the global crisis severely impacted the Barbados economy, especially its key sectors—tourism, financial services, and real estate. The economy is expected to rebound gradually but downside risks persist mainly from the uncertain global economic environment.

Tax revenues fell in cash terms during 2009 in most OECD countries, driven downward by declining economic activity and tax cuts aimed at cushioning the effects of the recession that followed the financial crisis.

New York: Demand for products from the “creative industry” sector – which includes items such as videos, music, video games, and new formats for TV programmes – can help national economies, including those of developing countries, to recover from the global economic downturn, especially if supported by enlightened government policies, according to a new UN survey released today.

New York: Led by China and India, the Asia-Pacific region made a significant economic recovery this year, following recession in previous years, but weakening economies in developed countries could pose new challenges for the region in 2011, according to a report from the UN’s commission for the region.

An International Monetary Fund (IMF) mission led by Mr. David Cowen visited Dhaka during December 6−15, 2010. The mission conducted the 2010 Article IV consultation discussions and reached a mission-level agreement in principle with authorities on their economic reform program, which could be supported by the IMF under the Extended Credit Facility (ECF).

New York: Greek Cypriot and Turkish Cypriot leaders made more progress today on economic issues and exchanged further ideas on governance and power sharing in United Nations-sponsored talks aimed at reunifying the Mediterranean island.

Horticulture is perhaps the most profitable venture of all farming activities as it provides ample employment opportunities and scope to raise the income of the farming community. It also has tremendous potential to push the overall agriculture growth to more than the targetted 4 per cent.

The global community and the world bodies like the United Nations time and again underline the need to focus on urgent national and international steps to be taken for ensuring education for the girl child. Hundreds of millions of young children, mostly girls, throughout the world are often deprived of education along with other essential needs like adequate food, clothing and health care. Going by these yardsticks, the development of a Nation is truly measured by many indicators and among them literacy levels especially of women and girl children are vital.

DUSHANBE, TAJIKISTAN - The Asian Development Bank (ADB) today signed a trade finance agreement with Tojiksodirotbonk OJSC that is expected to help exporters and importers in Tajikistan conduct more international business.