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YEREVAN NAMED WORLD BOOK CAPITAL 2012

Special Correspondent - 2010-07-07 10:19
New York: The United Nations Educational, Scientific and Cultural Organization (UNESCO) has chosen the Armenian city of Yerevan as the 2012 World Book Capital as part of the agency's ongoing efforts to promote books and reading.

RENEWABLE ENERGY CENTRE FOR WEST AFRICA OPENS IN CAPE VERDE

Special Correspondent - 2010-07-07 10:15
New York: A new regional centre to help develop the renewable energy potential for West Africa has been opened in Cape Verde, the United Nations Industrial Development Organization (UNIDO), which is supporting the facility, said.

COUNTRIES MUST DO MORE TO RESETTLE REFUGEES

Special Correspondent - 2010-07-07 10:10
New York: With more than 800,000 refugees estimated to require resettlement in third countries in the coming years, the United Nations refugee agency is calling for countries to allow in more people - who cannot return to their home nations - to begin new lives.
South Korea

Growth expected to rebound to 5¾ percent in 2010 and moderate to 5 percent in 2011

System Administrator - 2010-07-07 09:40
An IMF mission led by Mr. Subir Lall visited Seoul during June 23-July 6, 2010 to discuss with the authorities and other key counterparts recent economic developments and the outlook for Korea. The mission team would like to thank their counterparts for the productive and open engagement.

Cypriot economy is poised to return to modest growth in 2011

Special Correspondent - 2010-07-07 09:31
Economic conditions have started to stabilize after the economic downturn, and the Cypriot economy is poised to return to modest growth in 2011. However, global financial risks remain elevated and growth prospects in main trading partners remain muted, which weigh on the outlook for Cyprus. Meanwhile, pressures in Euro area sovereign debt markets have intensified, and countries across the Euro area are responding by undertaking ambitious fiscal consolidation efforts. Cyprus also should act forcefully and with a greater sense of urgency to reverse its high fiscal deficits, in order to safeguard the sustainability of public financing and increase the scope for private sector growth. The banking sector remains sound overall, although the growth in non-performing loans calls for vigilance. Turning to medium-term prospects, containing the growth of public spending and enhancing wage flexibility are needed to boost productivity and improve growth.
India

Defence ministry files SLP in Supreme Court

Sri Krishna - 2010-07-07 09:14
NEW DELHI: The Defence Ministry has filed a Special Leave Petition in the Supreme Court in the wake of the High Court seeking responses from the Army Chief and the Defence Secretary over their failure to comply with the directive granting permanent comission to serving women officers.
India

Army rescues two leopard cubs

Sri Krishna - 2010-07-07 09:10
NEW DELHI: It was a role with a difference for the jawans of the Indian Army showing the humane side of the men whose valour on the battle field is well known showing that they too are playing a critical role in wildlife conservation when they saved the lives of two abandoned leopard cubs.

There is no escape, keeping from actions and their fruits impossible

Dr Gyan Pathak - 2010-07-07 08:51
There is no escape from actions and their fruits. We are helplessly compelled to do something throughout our life, right from our birth to death. There cannot be any moment in our life when one does not work. There is no escape from action, and therefore, there is no question of escapism. Our all actions to escape from unhappy situations of our lives are also actions. And where there is action, there is bondage. All actions bind us to certain fruits.

ISOLATED ISRAEL EASES GAZA BLOCKADE

VICTORY FOR CIVIL SOCIETY AND PALESTINE
Praful Bidwai - 2010-07-06 10:24
When Israel launched a commando attack on the Freedom Flotilla carrying humanitarian assistance to the Gaza Strip, its leaders could scarcely have imagined that they would have to beat a retreat on the Gaza blockade issue in less than three weeks. Yet, such was the global public revulsion at the murderous assault on the Mavi Marmara in international waters—even among Israel's allies and supporters—that Israel had to relax the blockade. The blockade banned more than 2,000 items, including cement, glass, paper, iron, pencils, cancer medicines, toys, chocolate, fabrics and fruit juice.