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MANILA, PHILIPPINES - The Asian Development Bank (ADB) is extending a $55 million loan to support small scale water services in Bangladesh that will help cut rural poverty, improve community involvement, and address the threat posed by severe floods and other climate change-related events.

One of the main reasons for the successful completion of the informal WTO Ministerial in Delhi on September 4 is the emphatic support from the least developing countries (LDCs), small and vulnerable economies (SVEs), CARICOM, African Group, Cotton-4 and ACP countries to re-open the stalled multilateral trade talks. They were backed in their views for re-opening of the stalled multilateral trade talks by Brazil and China representing G 20 and Indonesia on behalf of G 33. This situation strengthened the hands of the Indian commerce and industry minister, Anand Sharma, who was also the chair of the Delhi Ministerial meeting, to rush for a successful conclusion.

New Delhi: India has decided to purchase of up to US$10 billion worth of IMF notes. Government of India has announced this intention and conveyed it to the International Monetary Fund.

The sudden death of Andhra Pradesh chief minister Dr. Y. S. Rajashekhara Reddy has plunged the Congress party into a deep crisis. Although Finance Minister K. Rosaiah has been sworn in as the chief minister, it is quite clear that the party is in search of a consensus candidate. Rosaiah himself is a contender.

Ever since Rahul Gandhi was brought into active politics, we have been frequently treated to the same staple farE. Endless deadlines and occasions for his stepping into the PM's shoeS. Rahul replacing Manmohan Singh has been the BJP's prime ministerial candidate L.K. Advani's theme song throughout the campaign. The present incumbent is a 'weak PM' and was simply keeping the chair warm for the Gandhi scion.

New York: The United Nations World Food Programme (WFP) is calling on donors to help avert a looming humanitarian catastrophe in Somalia, where half the population - or some 3.8 million people - are in need of assistance.

New York: There are now at least 2,837 deaths attributable to the pandemic H1N1 which continues to be the predominant circulating virus of influenza both in the northern and southern hemispheres, the United Nations health agency reported today.

New York: Sport can be a transformative force in altering attitudes of what communities think about people with disabilities as well as what these people feel about themselves, the United Nations official tasked with promoting sport for development and peace has said.

New York: As heavy fighting between the Government and rebels in northern Yemen enters its fourth week, the humanitarian crisis in the country is deepening, the United Nations refugee agency has warned.

The trade ministers assembled in Delhi for the informal WTO Ministerial resolved to resume the staled negotiations on basis of the texts formulated in December 2008. The chief negotiators and senior officials of member countries would meet in Geneva in the week beginning September 14, 2009 to draw up a process of engagement for the next two to three months and to work with the chairs of the negotiating committees to prepare an overall agenda of action.