SUSTAINABLE MEDIUM TERM GROWTH ELUSIVE WITHOUT REFORMS
S. Sethuraman
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2010-06-10 12:20
The world economy has entered a cycle of 'bust' after the “unstable and unsustainable international conditions of the boom periodâ€, says the World Bank, which has warned against new risks and uncertainties from the European crisis whose “depth and duration†continues to be a source of concern.
If any one expected the first ever minister level strategic dialogue between India and the US to produce dramatic results, he has been proved wrong. Last week's meeting between the US Secretary of State Hillary Clinton and Indian Foreign Minister S.M. Krishna, was more of hype and atmospherics .However, it certainly took the bilateral interaction to a new level. Obama administration made all the right noises about India's strategic importance and its rising status as a global power.
New York: The United Nations human rights office in Nepal will continue to work out of the nation's capital for another year, but will close down field offices outside of Kathmandu, according to an agreement announced with the Government.
New York: Setting up economic, social, cultural, sports and other ties between the Turkish Cypriot and Greek Cypriot communities can play a crucial role in promoting progress in the reunification talks under way on the Mediterranean island, UN Secretary-General Ban Ki-moon said.
The Executive Board of the International Monetary Fund (IMF) approved today the first and second reviews of Ghana's economic performance under the Extended Credit Facility (ECF) arrangement. The approval will enable Ghana to draw SDR 81.50 million (US$119 million), bringing total disbursements under the arrangement to SDR149.15 million (US$218 million).
New York: The Security Council voted to impose a fourth round of United Nations sanctions against Iran, while demanding that the country suspend its enrichment activities and peacefully resolve outstanding concerns over the nature of its nuclear programme.
New York: As football fever spreads with the kick-off of the World Cup in South Africa this Friday, the United Nations labour agency has urged the world not to forget the plight of an estimated 215 million children who have to work for survival and miss out on education and sports.
New York: While the global recession and other crises have meant difficult times for developed and developing countries, the United Nations development chief stressed that achieving the poverty reduction targets with a 2015 deadline is possible, outlining priority areas for action in the next five years.
CUBAN VISIT WILL NOT TAKE PLACE, SAYS UN EXPERT ON TORTURE AS HE VOICES FRUSTRATION
Special Correspondent
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2010-06-10 08:11
New York: The United Nations independent expert on torture has said he was deeply disappointed that he will not be able to visit Cuba to carry out a fact-finding mission this year because the country's authorities declined to consent to any of the dates he had proposed for the mission.