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New York: A United Nations human rights expert on foreign debt welcomed a landmark debt relief law in the United Kingdom which limits the ability of so-called “vulture funds” to sue the world's poorest countries in British courts for repayment of debts, saying they could have ramifications for a recent court verdict involving Liberia.

New York: The United Nations World Food Programme (WFP) is ramping up its assistance in Haiti, pre-positioning rations and distributing meals to those displaced by January's earthquake ahead of the approaching rains and the upcoming hurricane season.

The Executive Board of the International Monetary Fund (IMF) has approved the IMF's FY2011 administrative and capital budgets, completing a three-year restructuring exercise that has produced savings of US$100 million in real terms and a reduction of 380 staff positions.

New York: The United Nations refugee agency has urged Australia to look for alternatives to detaining asylum-seekers arriving by boat who pose no health or security risk to the public, after the Government announced it will reopen a remote facility to house them.

New York: Just under three per cent of the global greenhouse gas emissions are a result of milk production, according to a new report by the United Nations Food and Agriculture Organization (FAO).

MANILA, PHILIPPINES - The Asian Development Bank (ADB) is providing $15 million in grant to help Mongolia improve urban infrastructure and services in the booming mining and border towns in Southeast Gobi.

MANILA, PHILIPPINES - The Asian Development Bank's (ADB) Board of Directors on Tuesday approved financing totaling $350 million to improve energy security and energy efficiency in Uzbekistan.

MANILA, PHILIPPINES - A key highway in Uzbekistan linking the Central Asian country to its neighbors is getting support from a $600 million Asian Development Bank (ADB) multitranche financing facility.

Investment from abroad before economic reforms began in 1991 used to just trickle as foreign investors were wary of opportunity in India. But situation changed rapidly and more and more investment started pouring in with new policy in place. As various sectors were opened up gradually the FDI flow started steadily increasing and it cumulatively stood at 130 billion dollars by 2009.

The adverse effects caused to environment due to carbon emission include increased frequency of extreme weather events, and variation in pattern of monsoons, rise in surface temperature, sea level rise and melting of glaciers along with other factors. Climate Change is also likely to affect agriculture and food production and result in increase incidence of vector borne diseases.