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It is a curious fact of international diplomacy that the Republicans in America and the Conservatives in Britain - both right-wingers - have been more sympathetic towards India in recent years than the supposedly more liberal Democratic and Labour parties in the US and UK.

Executive Directors of the International Monetary Fund (IMF) have commended the authorities' forceful response to the recession in Russian Federation, noting that the pre-crisis policy of taxing and saving much of the oil windfall in a stabilization fund had created significant space for fiscal expansion, monetary easing, and extraordinary liquidity support to the banking system, while also helping to prevent an abrupt ruble depreciation. Given the near-term prospect of a recovery with lower potential growth, Directors agreed that the main challenges will be to implement medium-term fiscal consolidation, mitigate pressures for real appreciation and inflation, restore the health of the banking system, and improve the investment climate through ambitious structural reforms.

New York: A Siberian plateau that contains pristine tundra, forest and cold-water lakes and is the site of a major reindeer migration route has been added to the United Nations World Heritage List.

Even though Himachal Pradesh Chief Minister Prem Kumar Dhumal continues to be in a politically comfortable position, he faces growing governance challenges. The latest is on the issue of allowing the setting up of a large number of private universities in the state. The decision has been condemned even by the ruling BJP's own student wing the Akhil Bharatiya Vidyarthi Parishad.

There has been a chorus of cheers for the Reserve Bank of India for its latest credit policy. The decision to raise interest rates has been welcomed almost universally as a sure cure for the rising inflation graph - raise interest rates and prices would fall. Copybook economics, just like the copybook cricket we have witnessed in Sri Lanka. The match has ended in a draw without any results. This policy likewise might end up without any result eventually. Why?

MANILA, PHILIPPINES - Stronger than expected economic growth in resource rich Timor-Leste has resulted in an upgrade of the Asian Development Bank's (ADB) forecast of economic growth in the Pacific region, according to the latest edition of ADB's Pacific Economic Monitor.

New York: The United Nations agency mandated to conserve the world's heritage has inscribed new cultural sites in Viet Nam, China, Tajikistan, France and the Netherlands on the World Heritage List and agreed to the extension of two cultural properties in Germany and Norway.

New York: The United Nations agency mandated to conserve the world's heritage has inscribed new cultural sites in Viet Nam, China, Tajikistan, France and the Netherlands on the World Heritage List and agreed to the extension of two cultural properties in Germany and Norway.

New York: To unlock the lifesaving potential of breast milk, two United Nations agencies have unveiled 10 steps to help mothers successfully breast feed, kicking off World Breastfeeding Week.

New York:Two new sites - the Central Highlands of Sri Lanka and the Papahânaumokuâkea islands and atolls in the United States - have been inscribed on the World Heritage List, the United Nations Educational, Scientific and Cultural Organization (UNESCO) has said.