Following an examination and discussions held in the aftermath of the United States' decision to withdraw from dozens of international organisations, Israel's Minister of Foreign Affairs, Gideon Sa'ar, has decided that Jerusalem will immediately sever all contact with several United Nations agencies and international bodies, citing what the government described as persistent bias, politicisation and actions hostile to Israel.
President Donald Trump has withdrawn the United States from over 60 international organisations, including United Nations bodies and the India-France-led International Solar Alliance, calling the institutions 'redundant' and 'contrary' to America's interests.
'For the first time in a hundred years, the army has been taken out of the political equation. And for the first time ever, there is only one man who calls the shots. Not even Mao had this kind of power.'
China's ruling Communist Party is holding its annual leadership conclave to discuss the new five-year plan, the impact of US President Donald Trump's tariff war, and the ongoing anti-corruption crackdown in the military.
All-party parliamentary delegations on Friday met leaders and diplomats from several countries to galvanise international action against terrorists and decisively counter the tactics of those who perpetrate, support and sponsor cross-border terror activities against India.
"These latest so-called 'Liberation Day' tariffs are reckless and self-destructive, inflicting financial pain on Illinois at a time when people are already struggling to keep their small businesses afloat and put food on the table."
'Gyanendra back on the throne would be bad news for the Nepali people. He may not have learnt from his experience, but we have.'
The urban population of the Asia-Pacific region has been growing at the fastest rate in the world over the past 15 years, according to the Statistical Yearbook for Asia and the Pacific" released yesterday by the UN Economic and Social Commission. "This growth is having a knock-on effect," said Pietro Gennari, chief of ESCAP's Statistics Division. "We're seeing more and more people living in slums and also a negative effect on people's ability to access clean water.
United States President Donald Trump for the fourth time in recent days claimed that the Biden administration allocated $21 million funding to India for 'voter turnout', evoking a sharp response from the Congress which urged Prime Minister Narendra Modi to 'talk to his friend' and strongly refute the allegation.
A staggering $600 billion a year is needed for infrastructure development in the entire Asia-Pacific region, the United Nations has estimated.
The UNESCAP has warned Asia-Pacific region's governments to protect and prepare against sudden or unexpected market downturns rather than remaining complacent in the current atmosphere of prosperity.
Prime Minister Narendra Modi and French President Emmanuel Macron have called for enhancing trade and investment ties between their countries and committed to further deepening their engagement in the Indo-Pacific. They discussed a full spectrum of bilateral relations, including key global and regional issues, and stressed the urgent need for reform in the United Nations Security Council. The leaders also underscored their commitment to ensuring the global AI sector can drive positive social, economic, and environmental outcomes.
Times have changed, situations have changed, but the basic nature of superpower geo-politics remains the same and so also India's diplomacy -- call it non-alignment, strategic autonomy or neutrality; it all depends on the time scale, notes Rup Narayan Das.
As US President Joe Biden launched a new trade deal with 12 Indo-Pacific nations, including India, to enhance trade, economic and investment opportunities, China, which sees the pact as a threat to its dominance in the region, went on the offensive against it, promising more opening up, while the official media here termed it as "economic Nato".
'Trump's disregard for norms and institutions could prove very costly for America's social fabric.'
A United Nations expert body on Thursday said surge in food prices in India is a matter of concern, but retail price inflation will cool down to 7.5 per cent this year from around 12 per cent last year.
'If there is a push towards a Marxist oriented government it will be dangerous.' 'We have seen this in Nepal and Myanmar and it will be a concern for India if it is surrounded by countries with such political dispensations.'
33 per cent of all road accidents and 35 per cent of fatal accidents took place on national highways and expressways.
'We are going to need more technical people in government.' 'You can't expect a generalist to understand the complicated world of financial engineering.' 'I regret to say that most of our politicians have no competence to deal with these things. Nor is there a willingness to learn.'
The wide gap in national income held by the ultra-rich and the poor is striking.
A recession in the US and a steeper depreciation of the dollar will not have much impact on India, a United Nation Economic and Social Commission for Asia and the Pacific (Escap) report has said. On most other economics of the region, like Taiwan, South Korea and Singapore, the impact would be harsh, The Economic and Social Survey of Asia and the Pacific 2008 said.
The growth outlook is higher than the Reserve Bank's projection of 8 per cent but at the lower end of the finance ministry's forecast of 8.25-8.75 per cent.
The report showed that 53 road accidents take place every hour in the country.
'Narasimha Rao asked me why China was doing so well in attracting foreign investments and I gave my frank opinion.' 'I told him that giving thrust to exports had to be a national effort.' 'But in India, the system was very centralised in the Government of India and the state governments had no role to play.'
The Commission on the Status of Women (CSW) is a functional commission of the UN Economic and Social Council (ECOSOC). The 54-member ECOSOC, holding the first plenary meeting of its 2021 session in the General Assembly Hall on Monday, held elections for two seats in the Asia-Pacific States category with Afghanistan, India and China in the fray.
The UN Economic and Social Commission for Asia and the Pacific said ndia's growth has been slowing down since 2011, mainly on account of 'severe' monetary tightening by the Reserve Bank of India.
"India's economy is projected to sustain a 7.6 per cent growth rate in both fiscal years 2016-17 and 2017-18," says the year-end update of the flagship report Economic and Social Survey for Asia and the Pacific 2016 of the United Nations Economic and Social Commission for Asia and the Pacific (ESCAP).
G20 needs to leverage its clout to play a more proactive role in stabilising food and fuel prices.
Launching the annual survey of the UN Economic and Social Commission for Asia and the Pacific, Commerce and Industry Minister Kamal Nath said the government has started a 'revolution' in farming sector by waiving farm loans of Rs 60,000 crore. He said improving the agriculture sector is an important challenge for the Asia-Pacific region & deserves a 'serious response'. The report would open up solutions to the socio-economic issues across the region Nath said on the occasion.
'In 1984, Pyongyang just had one hotel and one could not move out without an official escort.' 'India was the only country with an embassy, apart from the socialist countries.'
India is likely to post an impressive growth of 7.2 per cent this year and 7.3 per cent next year despite an overall slowdown in Asia-Pacific region due to adverse effects of tsunami and oil price shocks, a United Nations report said on Monday.
"India's economy has entered into a 'new phase of high growth', with expansion of nine per cent forecast for 2008, buoyed by investment and savings amid increasing productive capacity," UN Economic and Social Commission for Asia and the Pacific (UN-ESCAP) survey released in New Delhi on Thursday said. Indian economy is expected to grow by 8.7 per cent during 2007-08 and many think-tanks expect moderation in growth in the coming fiscal.
A United Nations' body has called for greater public and private spending for upgrading critical areas of India's infrastructure, a key driver of the economy, and said a bulk of these investment need to be generated internally.
Nobel laureate Amratya Sen has been conferred Lifetime Achievement Award by UNESCAP as part of its 60th anniversary celebrations.
"Can the revolution in the information technology sector in India resolve India's unemployment problems and the other ills in its labour markets? Certainly not," the Economic and Social Commission for Asia and the Pacific survey said.
The Ministry of External Affairs (MEA) on March 17 had announced that State Bank of India (SBI) would extend a term loan of $1 billion to Sri Lanka, fully guaranteed by the Indian government, and this was part of India's financial aid to the troubled island nation. Ministry of External Affairs (MEA) spokesperson Arindam Bagchi was quoted saying by news agency PTI that the loan would be used for importing food, medicines, and other essential items. "India has always stood with the people of Sri Lanka and we will continue to extend all possible support at this juncture.
Though foreign banks outperformed domestic banks in quality services, they could not match the latter as public sector banks reigned supreme on the strength of their superior reach.
The enduring legacy of trade routes lies in shared stories and religious diversity. Can the India-Middle East-Europe Economic corridor harness this legacy to empower nations, asks Arundhuti Dasgupta.
India transformed from a moderate to low indebted country with a fall in debt-GDP ratio to 20 per cent and foreign debt was slated to be at $102.3 billion in March 2003, a United Nations survey said on Thursday.
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