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ENCOURAGING SIGNS IN TIMOR-LESTE BUT CORE CHALLENGES PERSIST

Author: Special Correspondent - Published 19-02-2010 05:42 GMT-0000
New York: Many of the underlying causes that contributed to the 2006 political crisis in Timor-Leste remain, despite recent encouraging signs, Secretary-General Ban Ki-moon warns, calling the country's security and justice institutions fragile and possibly unable to withstand another major crisis.

WORLD'S POOREST COUNTRIES MUST DIVERSIFY ECONOMIES TO BEAT POVERTY

Author: Special Correspondent - Published 19-02-2010 05:34 GMT-0000
New York: Economic diversification is vital if the world's most poverty-stricken countries, some of them depending on a single or a few raw materials or commodities, are to escape their predicament, a top United Nations trade official has said.

Suriname's medium-term prospects favorable, sustaining economic recovery a challenge

Author: Special Correspondent - Published 19-02-2010 03:14 GMT-0000
Suriname's medium-term prospects are favorable, with large alumina and gold projects expected to come on stream. The key challenge will be to sustain the economic recovery and enhance the long-term growth potential, while ensuring continued macroeconomic stability and fiscal sustainability.

'SERIOUS' ISRAELI-PALESTINIAN TALKS UNDER CONSIDERATION

Author: Special Correspondent - Published 18-02-2010 18:53 GMT-0000
New York: The United Nations remains deeply concerned at the current stalemate in the Middle East peace process, the world body's political chief said today, voicing the hope that both the Israelis and the Palestinians will accept a proposal put forward to restart talks.

Iran to increase non-oil revenue, reduce subsidies, improve banking system, gets IMF help

Author: Special Correspondent - Published 18-02-2010 18:47 GMT-0000
The Executive Board of the International Monetary Fund (IMF) has concluded that Iran's economy had performed strongly in recent years supported by high oil prices and expansionary fiscal and monetary policies. However, declining oil prices have had an adverse effect on output and external fiscal balances. In light of this, the IMF also supported the authorities' plans to increase non-oil revenue and reduce subsidies, and stressed the need to address forcefully the soundness of the banking system.

WORLDWIDE REVIEWS URGED TO SURMOUNT OBSTACLES TO UNIVERSAL HIV/AIDS TREATMENT

Author: Special Correspondent - Published 18-02-2010 18:34 GMT-0000
New York: With progress uneven towards meeting this year's goal of universal access to HIV/AIDS prevention, treatment and care, the United Nations today called on countries and regional bodies to convene review meetings to identify obstacles and plan better strategies.

TALKS INTENSIFIES IN CÔTE D'IVOIRE TO ENSURE ELECTIONS ON COURSE

Author: Special Correspondent - Published 18-02-2010 18:27 GMT-0000
New York: The top United Nations envoy in Côte d'Ivoire is holding intensive talks with all sides in the divided West African country to ensure that last week's dissolution of the Government and the independent electoral authority does not affect repeatedly delayed elections, currently slated to be held next month.

Government's clarification on export of 10,000 tonne of sugar from India

Author: Special Correspondent - Published 18-02-2010 17:17 GMT-0000
New Delhi: The Department of Food and Public Distribution in the Ministry of Consumer Affairs, Food and Public Distribution, Government of India has clarified that reports published in a section of newspapers about government's permission to export 10,000 tonne sugar to the European Union (EU) at a time when there is shortage of sugar in the country and sugar prices have been on rise are without proper context and correct perspective.
India

REC FPO Floor Price fixed at Rs. 203 per equity share

Author: Special Correspondent - Published 18-02-2010 17:10 GMT-0000
Rural Electrification Corporation Limited (REC), a 'Navratna' public financial institution in the power infrastructure sector, has fixed the Floor Price at Rs. 203 per equity share for the further public offering (FPO) of 171,732,000 equity shares of face value of Rs. 10 each for cash at prices determined through the Alternate Book Building method under Part D of Schedule XI of the Securities and Exchange Board of India Regulations, 2009. Bids can be made for a minimum of 30 Equity Shares and in multiples of 30 Equity Shares thereafter.

MORE INVESTMENT NEEDED TO ENSURE MORE SUSTAINABLE LIVESTOCK SECTOR

Author: Special Correspondent - Published 18-02-2010 16:36 GMT-0000
New York: The United Nations Food and Agriculture Organization (FAO) today urged substantial investments to ensure that the world's livestock sector responds to a growing demand for animal products, contributes to livelihoods and mitigates environmental and health concerns.

Article Topics

  1. India
  2. International
  3. Miscellaneous