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Economic Outlook for Asia and Pacific Region improves - IMF

Special Correspondent - 2010-07-08 12:40
Asia's strong recovery from the global financial crisis continued in the first half of 2010, despite renewed tension in global financial markets. First-quarter GDP outturns were generally stronger than anticipated at the time of the April 2010 WEO, and high-frequency indicators suggest that economic activity remained brisk during the second quarter.

World growth is projected at about 4½ percent in 2010 and 4¼ percent in 2011

Special Correspondent - 2010-07-08 12:34
World growth is projected at about 4½ percent in 2010 and 4¼ percent in 2011. Relative to the April 2010 World Economic Outlook (WEO), this represents an upward revision of about ½ percentage point in 2010, reflecting stronger activity during the first half of the year.

MORE AGRICULTURAL INVESTMENT VITAL TO COMBAT HUNGER IN ASIA-PACIFIC

Special Correspondent - 2010-07-08 12:11
New York: The Asia-Pacific region - home to two-thirds of the world's one billion malnourished people - must see growth in agricultural investment to tackle the hunger challenge, a senior United Nations official has stressed.

SEVERAL COUNTRIES OPT TO CARRY OUT UN-DESIGNED JOBS INITIATIVE

Special Correspondent - 2010-07-08 12:06
New York: Several countries have volunteered to implement the Global Jobs Pact designed by the United Nations labour agency last year to guide national and international policies to stimulate economic recovery, create jobs and protect working people and their families.

ACCOUNTABILITY KEY TO PROTECTING CIVILIANS IN CONFLICT

Special Correspondent - 2010-07-08 12:00
New York: The targeting of civilians, sexual violence and the denial of humanitarian access remain widespread in armed conflict, senior United Nations officials told the Security Council, urging greater efforts to end impunity for such acts.

AID SHORTFALLS COULD DEPRIVE 32 MILLION AFRICAN CHILDREN OF AN EDUCATION

Special Correspondent - 2010-07-08 11:56
New York: The United Nations agency tasked with promoting universal education has warned that a lack of adequate funding is undermining efforts by African countries to have an estimated 32 million children who are currently out of school back into classrooms.

LESSONS FROM EARTHQUAKE RESPONSE IN CHINA

Special Correspondent - 2010-07-08 11:52
New York: The United Nations Environment Programme (UNEP) has released a report on lessons learned while working with the Chinese Government to address the environmental impact of the devastating earthquake that hit the country's Sichuan province in May of 2008.
India

Presentation of Nalanda University Bill 2010 in the Parliament approved

Special Correspondent - 2010-07-08 08:05
New Delhi: The Union Cabinet today approved the presentation of the Nalanda University Bill 2010 for the establishment of the Nalanda University in the Monsoon Session of the Parliament at a cost of Approx. Rs.1005 crore.