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New York: Around 80 per cent of global trade is transported by sea but challenging times are ahead for the shipping industry, which is faced with a surge in the supply of vessels and tumbling freight rates amid the economic crisis, says a report released by the United Nations Conference on Trade and Development (UNCTAD).

New York: The Security Council called for greater international cooperation in fighting drug trafficking, with Secretary-General Ban Ki-moon terming it a leading threat to global peace and security.

New York: Some 4.8 million Ethiopians will require emergency food and related aid costing $270 million for the first six months of 2010 in a country already plagued by prolonged drought and crop failure, according to United Nations estimates.

Georgia's recent economic policies have met with considerable success guided by reliance on the private sector for growth in a liberalized trade, investment and business environment, in what has been on of the world's fastest reforming economies, according to a WTO Secretariat report on the trade policies and practices of Georgia.

New Delhi: Skyrocketing prices of drugs and medicines in India has considerably threatened the life of people in general and the poor in particular, while the government machinery, through their acts of omission and commission, allowed the drug companies to overcharge to the tune of Rs. 1368.06 crore during the last three years even for drugs under price control.

New Delhi: Kids from all over India has chosen former President of India, Dr APJ Abdul Kalam as Bharat Ka Paryavaran Ambassador. Dr. Kalam will be felicitated tomorrow here by the Ministry of Environment and Forests.

New Delhi: Available inputs indicate that high quality Fake Indian Currency Notes (FICNs) are printed in a neighboring country and pushed into India through neighboring countries. Obviously the referred countries are Pakistan, Bangladesh and in some cases Nepal.

New Delhi: The Employees' State Insurance Corporation (ESIC) is now serving over five crore beneficiaries all over the country. This was announced by the Union Minister of Labour & Employment, Shri Mallikarjun Kharge at its 148th meeting held here today.

New Delhi: Department of Consumer Affairs is implementing the Scheme for supplying of imported pulses by PSUs to the state government at the subsidy of Rs.10/kg to be distributed through PDS. The scheme has been extended up to 31.3.2010. So far quantity of 97019 tonnes of pulses has been supplied by the PSUs to 8 state governments during the current year.

The poisoning of more than 90 workers with radioactive tritium at the Kaiga nuclear power station is a serious safety violation, which calls for a critical look at India's nuclear power programme. The way the episode came to light, and the manner in which the authorities, from plant managers to the Atomic Energy Regulatory Board, to top officials of the Department of Atomic Energy (DAE), responded to it is a disturbing tale in itself.