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If M. Karunanidhi does retire from active politics in the middle of next year, as he has said that he may, then the decision will have momentous consequences not only for his own party, but probably the entire Dravidian movement.

MANILA, PHILIPPINES - The Asian Development Bank (ADB) today signed new trade financing agreements with Bank of Ceylon, DFCC Vardhana Bank Limited, and NDB Bank Plc.

MANILA, PHILIPPINES - Indonesia will receive a $200 million loan from the Asian Development Bank (ADB) for further reforms that support the government's ongoing efforts to spur sustainable growth and cut poverty.

MANILA, PHILIPPINES - The People's Republic of China (PRC) is to receive up to $1 billion from the Asian Development Bank (ADB) in a landmark program to support cleaner, safer and more energy efficient railway services in poor southwest regions of the country.

The three-day visit of the Prime Minister Manmohan Singh to Russia resulted into six agreements between the two countries which included crucial agreement on cooperation and use of Atomic Energy.

New York: Minerals and arms smuggling worth millions of dollars persists in eastern Democratic Republic of the Congo (DRC) despite international sanctions, fuelling rebel strength despite national army operations, and army and rebel soldiers continue to kill civilians, according to a new United Nations report that calls on the Security Council to take action to plug the gaps.

New York: The United Nations faces unprecedented security challenges in many regions of the world, Secretary-General Ban Ki-moon told the General Assembly's budget committee, as he sought support for almost $300 million in new funding to make the Organization and its staff safer.#

The Executive Board of the International Monetary Fund today approved a disbursement of SDR 5.8 million (about US$9.3 million) to Samoa under the rapid-access component of the Exogenous Shocks Facility (ESF) to help the country recover from the damage caused by a devastating earthquake and tsunami on September 29, 2009.

New York: Bananas are withstanding the impact of the global economic crisis more than most agricultural commodities, with consumers regarding the fruit as a necessity in their diets, according to a new report issued by the United Nations Food and Agricultural Organization (FAO).

New York: The United Nations agency entrusted with accelerating sustainable industrial development in poorer States opened its general conference, focusing on the opportunities offered by “green industries” in both combating climate change and attaining economic growth.