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Executive Directors of the International Monetary Fund (IMF) have noted that Saudi Arabia was well prepared to confront the global crisis owing to the adoption of good supervisory and regulatory frameworks and the pursuit of prudent macroeconomic and financial policies in previous years. Directors commended the authorities for the strong and timely policy measures, particularly the large and well-targeted fiscal stimulus and the skillful conduct of monetary policy that limited the impact of the crisis, supported solid growth of the non oil sector, and contributed to reviving global demand. The outlook for the economy is positive although vulnerabilities remain, especially from the volatility of oil prices.

New York: Turkey, one of the five major ship recycling nations in the world, has signed the United Nations-backed treaty promoting the environmentally friendly recycling of ships.

New Delhi: The Central Employment Guarantee Council took stock of the progress under Mahatma Gandhi NREGA at its meeting under the chairmanship of Union Rural Development and Panchayati Raj Minister Dr.C.P.Joshi at Krishi Bhawan here today. High on the agenda was the reports of the six working groups on different aspects that have impact on the implementation of the Mahatma Gandhi National Rural Employment Guarantee Act. It was the 13th Meeting of Central Employment Guarantee Council, the apex body to look into the implementation of MGNREGA.

New York: UN Secretary-General Ban Ki-moon today congratulated Kenyans and their leaders on the occasion of the promulgation of the country's new constitution, which was backed by a large majority of citizens in a referendum earlier this month.

New York: The United Nations agency tasked with helping to protect intellectual property has struck a cooperation agreement with the European Organization for Nuclear Research (CERN), known as the world's largest particle physics laboratory.

New York: A wide range of species not native to Europe's Wadden Sea have invaded its ecosystem, threatening the biodiversity of the World Heritage Site, the United Nations Environment Programme (UNEP) said in a report unveiled today.

New York: UN Secretary-General Ban Ki-moon is urging all Member States that have not yet done so to ratify the United Nations-backed treaty banning nuclear tests, saying it is important to build on the momentum made on disarmament and non-proliferation over the past year.

MASERU - A US$20million grant agreement for improving the quality of educational infrastructure and basic education in Lesotho was signed on August 25, signaling a big push by this tiny nation of 1.8 million people toward achieving the Millennium Development Goals (MDG) for Education by 2015.

New York: The number of Afghan refugees voluntarily returning home from Pakistan and Iran has topped 100,000 so far this year, the United Nations reported today, noting that this is almost twice as many as in 2009.

New York: The United Nations human rights chief today strongly condemned the killing of 72 migrants in northern Mexico and called on the authorities to take urgent steps to ensure that those responsible are brought to justice.