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The Executive Board of the International Monetary Fund (IMF) approved today the sixth review of the Central African Republic (C.A.R.)'s performance under a program supported by the Extended Credit Facility.The approval will enable the disbursement of an amount equivalent to SDR 8.67 million (about US$13.1 million), bringing total disbursements under the program to an amount equivalent to SDR 69.62 million (about US$104.9 million).

The economic recovery in Namibia is well underway, supported by timely macroeconomic stimulus, said Executive Directors of the International Monetary Fund (IMF). However, the outlook is subject to downside risks stemming from uncertain global economic recovery, calling for coordination in the policy mix going forward. In particular, if external demand for commodities weakens, and the thawing of financial markets is delayed, the recovery could lose steam.

New York: The United Nations refugee agency has expressed concern about the eviction by police in Georgia, during the months of July and August, of hundreds of internally displaced persons (IDPs) from State-owned buildings in the capital, Tbilisi.

New York: Commending the efforts undertaken so far to combat piracy off the coast of Somalia, Secretary-General Ban Ki-moon today stressed that more can be done, as the Security Council debated legal options to help bring the perpetrators of such crimes to justice.

New York: A graphic designer from Iceland is the winner of a United Nations advertising contest to boost awareness in Europe of the Millennium Development Goals (MDGs), eight globally agreed anti-poverty targets with a 2015 deadline, it was announced today.

New York: The number of people in need of shelter in flood-devastated regions of Pakistan has continued to rise as more areas become inundated, the United Nations refugee agency reported today, revising upwards the amount of funding it requires to ensure the homeless have emergency accommodation.

New Delhi: 495 Indian sports persons will compete for 829 medals at Commonwealth Games, 2010. These sportspersons will be short-listed by the end of this month from 838 core probables undergoing training under at various centres.

New Delhi: Minister of Labour and Employment Shri Mallikarjun Kharge informed the Rajya Sabha today in reply to a question that the Government is working on amending 11 labour laws.

When the British coined the term “juggernaut” (a distortion of Jagannath, Lord of the famous temple in Puri in Orissa), they captured the metaphor of the havoc the yatra chariot can sometimes cause. But they couldn't have imagined that the metaphor would become literally true for Orissa, its culture and spirit. These are threatened as never before by reckless extraction of precious resources to feed gigantic profit-making machines.

Prime Minister Dr Manmohan Singh delivered a balanced appraisal of where the nation stands after 63 years of independence, the most significant part of his address on August 15 being that, “we do need to implement schemes we have started” effectively, minimising ” corruption and misuse of public money”. Would it be too much to expect that it (implementation) would be the core of the agenda of his government if UPA-2 is to scrape through the rest of its five-year term, with semblance of credible governance?