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The African Development Bank (AfDB) Group has welcomed the G-20's recent commitment to ensure a robust replenishment of the African Development Fund (ADF), the concessional window of the Group.

Vienna, Austria — Overly restrictive and obsolete laws are an impediment to foreign direct investment and their poor implementation creates additional costs to investment, finds Investing Across Borders 2010, a new report by the World Bank Group.

WASHINGTON —The World Bank committed a record $3.8 billion in fiscal year 2010 (July 1, 2009 - June 30, 2010), to support the countries of the Middle East and North Africa (MENA) as they recover from the financial crisis.

WASHINGTON, DC - The World Bank Board of Executive Directors have approved two new loans to the People's Republic of China to support two projects - $200 million for the Huai River Basin Flood Management and Drainage Improvement Project and $60 million for the Yunnan Urban Environment Project II.

WASHINGTON, DC - The World Bank's Board of Executive Directors have approved a loan of US$100 million to the People's Republic of China to promote integrated forestry development in five provinces of China.

At the meeting of the Council for Trade in Goods on 5 July 2010, the European Union expressed concern over an internal government note in Argentina that it said restricted food imports, including from the EU.

New York: In an effort to help prevent dangerous contamination of food with melamine, a toxic chemical, the United Nations food standards body has set new limits for the amount of the substance that can be present in baby formula, other foods and animal feed without causing health problems.

New York: The weather pattern known as El Niño rapidly dissipated in early May, giving way to the development of cool, neutral to weak La Niña conditions in the tropical Pacific Ocean, the United Nations World Meteorological Organization (WMO) has reported.

New York: The top United Nations envoy for the Middle East peace process has welcomed the recent measures announced by Israel to reportedly allow more consumer goods into Gaza, calling them important steps in the right direction.

New York: For the first time, Kiribati, Marshall Islands and Tajikistan have put forward sites for possible inscription on the World Heritage List of the United Nations Educational, Scientific and Cultural Organization (UNESCO).