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- US among top arms supplier despite recession
- The global economic crisis may have adversely affected many sectors of the US economy but its arms market has grown significantly, says a new Congressional ...
- Global economic crisis far from over: UNCTAD
- United Nations Conference on Trade and Development’s new report has predicted a bleak future for the world economy. The study released yesterday has blamed ...
- Debt albatross around the neck of developing countries
- Everyday the poorest countries end up paying millions of dollars to the world’s richest nations in debt repayment. The Jubilee Debt Campaign has called for ...
- Global meltdown leaves NGO sector in dire straits
- Non-profit sector the world over is under severe stress due to the economic recession and the future too appears bleak. Many NGOs are resorting to cutbacks in ...
- Inexplicable bailouts; explicable poverty
- Contrast the figure of two trillion dollars dispersed for poverty alleviation over last 50 years with 18 trillion that the world has spent in last one year in ...
- 'The crisis is an opportunity to assess the development paradigm'
- The G 20 summit at London will be a test between rhetoric and reality, says Minar Pimple, Deputy Director Asia, UN Millennium Campaign. In an interview ...
- Global recession hits Kashmir's cottage industry
- Cottage industry in India’s Jammu and Kashmir is under severe pressure due to ongoing global economic crisis. The state government has assured that all ...
- Pakistan’s economic growth slowest in decade
- Come June, when the fiscal year ends in Pakistan, the country’s economy this year would have grown at the slowest pace in a decade, say officials and analysts. ...
- 'Asia needs a different plan to recover from crisis'
- Asia’s excessive dependence on external demand for growth can affect its long-term sustainability, says M. Shahidul Islam, Research Associate at the ...
- School education faces worst ever crisis in Philippines
- In spite of a constitutional mandate, the budget allocation on education is far lower than required in the Philippines. The impact of economic crisis and the ...
- Monitoring food security
- UNESCAP report – Sustainable Agriculture and Food Security in Asia and the Pacific – examines different kind of challenges to food security of ...
- Economic crisis escalating conflict in the world
- According to a new Global Peace Index, there is an obvious correlation between the ongoing economic crisis and the declining peace. In comparison to last year, ...
- Wake up call on future food crisis
- The world will require 70% growth in farm production to feed the projected population of 9.1 billion in 2050. "Never say never again", was the general ...
- ADB urges developing Asia to use crisis to protect poor
- While inaugurating a three-day conference in Hanoi, Vietnam, ADB chief Haruhiko Kuroda urged governments in the Asian region to think of expanding social ...
- 'We desperately need a new Bretton Woods'
- In an interview to La Repubblica, renowned Indian economist Prof Jayati Ghosh says that the ongoing economic crisis is the creation of ...
- Bumper rice crop may not help the world's poorest
- Food and Agriculture Organisation has predicted that global paddy production in 2008 can bring down consumer prices. However, it also cautions that falling ...
- Meltdown shakes global community's faith in free market
- People world over are disenchanted with free market capitalism, says a new BBC global survey. Those surveyed in 27 countries – both developed and developing – ...
- Europe backs fight against rising hunger
- In support of global fight against hunger, the European Union has offered additional US$ 105 million assistance. The aid is likely to help developing countries ...
- World Bank warns of human catastrophe
- World Bank chief Robert Zoellick has urged donor countries to keep their promise of aid and even pledge more to avoid a human and development calamity in many ...
- Hunger up by 100 million in South Asia
- A new UNICEF report has revealed that the number of chronically hungry people in South Asia has touched the figure of 400 million – highest in last four ...
- Crisis fix for women
- In its new publication: Global Employment Trends for Women, ILO warns the economic crisis could generate up to 22 million more unemployed women ...
- 'Make trade work for the poor'
- Coping with credit crunch, rich nations are busy bailing out their domestic constituencies and have belied promises to reduce protectionism and assist the ...
- Achieving holistic growth in Asia
- Asian Development Outlook 2009 presents a comprehensive analysis of 45 developing economies in Asia and the Pacific. In the context of global ...
- G20 can save up to 11 million jobs in 2009: ILO
- If G20 takes adequate measures, it can save up to 11 million jobs in 2009, according to the ILO head. Ahead of the summit in Pittsburgh next week, the UN body ...
- Optimism prevails despite differences in G20
- At the G20 summit, leading economies of the world will be striving to find ways to confront the worst financial crisis since the 1930s. Even as India is ...
- 'The new financial system should be rooted to the ground'
- Grameen Bank founder and Nobel laureate Muhammad Yunus says the crisis presents a historic opportunity for change. The new system should be inclusive of ...
- World Bank: Job cuts will hurt developing countries
- World Bank has warned that labour migration cuts by industrialised countries will adversely affect poorer nations. In the coming months higher unemployment, ...
- ADB's capital boost "irresponsible and dangerous"
- A network of 250 activist groups says that the Asian Development Bank’s move to increase its capital base for financing infrastructure projects in poor Asian ...
- 'We can't live in institutions of post world war'
- Acknowledging the impact of financial crisis on the world’s poor, the recently concluded G20 summit pledged to commit more resources for MDGs. Minar ...
- First time in human history a billion go hungry: WFP
- The UN food agency is facing a serious budget shortfall with recession hitting food aid worldwide. While global hunger reaches an all time high, a UK based ...