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WITH IRAQI POLL RESULTS CERTIFIED, UN ENVOY URGES FORMATION OF NEW GOVERNMENT

Special Correspondent - 2010-06-02 11:07
New York: The top United Nations official in Iraq has welcomed the decision by the country's highest court certifying the results of the parliamentary elections held nearly three months ago, and called on leaders to complete the formation of the new government at the earliest.

IMF agrees to enable Costa Rica to get US$60.5 million in need

Special Correspondent - 2010-06-02 11:03
The Executive Board of the International Monetary Fund (IMF) completed on May 28, 2010 the third and final review of Costa Rica's economic performance under a program supported by a 15-month Stand-By Arrangement (SBA) approved on April 10, 2009. The authorities have indicated that they will continue to treat the arrangement as precautionary.

ALARMING RATES OF MURDER IN BRAZIL DESPITE EFFORTS TO END VIOLENCE

Special Correspondent - 2010-06-02 10:57
New York: Many Brazilians, especially inhabitants of shanty towns, continue to be subject to murder and other forms of brutal violence by various gangs, militias, death squads and the police, despite efforts by the Government to end the crimes, a United Nations independent human rights expert said.

ISRAEL JOINS UN-MANAGED TRADEMARK SYSTEM

Special Correspondent - 2010-06-02 10:53
New York: Israel formally has joined the United Nations-backed international system which offers trademark owners a cost-effective and easy to access means of protecting and managing their brand names and logos internationally.

MORE CITIES SIGN UP TO UN INITIATIVE TO REDUCE DISASTER RISK IN URBAN AREAS

Special Correspondent - 2010-06-02 10:50
New York: Four more cities from across the globe joined a new United Nations initiative designed to improve the capacity of urban areas to protect themselves and their inhabitants from the consequences of natural disasters.

Dominican Republic: GDP to grow between 5 and 5.5 percent in 2010

Special Correspondent - 2010-06-02 10:30
An International Monetary Fund (IMF) mission led by Mr. Alejandro Santos visited Santo Domingo during May 18-28 to conduct discussions under the second review of the Stand-By Arrangement (SBA), which was approved by the IMF Executive Board in November 2009. The mission met with Central Bank Governor Héctor Valdez, Minister of Finance Vicente Bengoa, Minister of Economy Temístocles Montás, Vice-President of the Public Electricity Corporation Celso Marranzini, as well as members of the Economic and Social Cabinet, senior government officials, representatives of the private sector, and the international community.

$18 MILLION NEEDED TO ASSIST AFGHAN REFUGEES IN IRAN

Special Correspondent - 2010-06-02 10:21
New York: The United Nations refugee agency is seeking $18 million to meet an anticipated shortfall in funding for its operation in Iran, which is hosting more than one million Afghans who fled their homeland.

Botswana faces near-term downside risks

Special Correspondent - 2010-06-02 10:17
Executive Directors of the International Monetary Fund (IMF) has agreed with the thrust of the staff appraisal. They commended the authorities for their prudent macroeconomic management, underpinned by strong institutions and good governance, which has contributed to rapid growth, large fiscal and external surpluses, and a significant build up of international reserves. Directors observed that the current global economic crisis has contributed to a significant deterioration in the economic outlook for Botswana with near-term downside risks.
Technology

Open source softwares vs the Proprietary softwares: the challenges ahead

saurabhsugandh - 2010-06-02 10:04
We are all aware of the presence of Open Source Community in the software industry and also aware of the noble cause for its start. There was a time when the software industry was playing monopoly with the people and that's when it all started. It revolutionized the idea of availability of source code for software in the hands of users. It was the year 1998 when we first heard its name. Though it was present in the early 50's and 60's but was not as dramatic as it is now. That was the time when software industry was in its infancy. Software was available only for the academic purposes. But then the time arrived when people started thinking about making it into business.

Morocco: US$70 Million to Promote more Sustainable Use of Irrigation Water in the “Oum Er Rbia” Basin

Special Correspondent - 2010-06-01 10:23
WASHINGTON - The World Bank's Board of Executive Directors have approved the “Oum Er Rbia Basin” Irrigated Agriculture Modernization project. The project intends to help participating farmers, in the “Oum Er Rbia” basin in Morocco, increase productivity and reach a sustainable use of irrigation water to overcome current and future water deficits.