Seek news on
InfoAnda
powered by
Google
Custom Search

Last text search :
2016 wso 2.5 rw-r
2017 #1 smp wso rw-r

wso-drwxr-xr-x-smp.php-(writeable).php
2017 #1 smp wso rw-r
wso-drwxr-xr-x-smp.php-(writeable).php
wso-drwxr-xr-x-smp.php-(writeable).php
wso-drwxr-xr-x-smp.php-(writeable).php


Monday, 27 April 2009 - World Bank, IMF say crisis becoming 'human calamity'
  • Pakistanis angry over detentions in Times Sq. case
    Monday, May 24, 2010
    ISLAMABAD – Relatives of three men detained by Pakistan for alleged links to the suspect in the attempted Times Square bombing say the men are innocent.
    They
  • Taiwan denies boycotting Australian film festival
    Thursday, August 6, 2009

    AFP - Thursday, August 6TAIPEI (AFP) - - Taiwan's Beijing-friendly government on Wednesday denied boycotting an Australian film festival amid a row over the e
  • Merkel's support dips, regional ally resigns International
    Thursday, September 3, 2009

    By Sarah Marsh and Noah Barkin

    BERLIN (Reuters) - Chancellor Angela Merkel suffered a double blow on Thursday as a senior party ally in east German
  • Minister seeks closure of anti-Berlusconi websites
    Wednesday, December 16, 2009
    ROME (AFP) - – The Italian government moved Tuesday to close down Internet sites encouraging further violence against Prime Minister Silvio Berlusconi, who
  • Asian markets mixed after Wall Street rally
    Wednesday, March 18, 2009

    By ELAINE KURTENBACH,AP Business Writer AP - Wednesday, March 18SHANGHAI - Asia's stock market rally seemed to be running out of steam Wednesday, despite an
  • Voting begins as Guinea savors free election | | 27 June 2010
  • Warner eyes cuts, Watchmen talks proceed | Entertainment | | 14 January 2009
  • Big quake off Honduras kills 6, crumbles houses | International | | 29 May 2009
  • Nuclear weapons only in 'extreme circumstances': US | 7 April 2010


    ">Forum Views () ">Forum Replies ()

    Read more with google mobile : World Bank, IMF say crisis becoming 'human calamity'

    Yahoo! My Yahoo! Mail Yahoo! Search Search: Sign InNew User? Sign Up News Home - Help Navigation Primary Navigation Home Singapore Asia Pacific World Business Entertainment Sports Technology Top Stories Most Popular Secondary Navigation Singapore Asia Pacific World Search Search: World Bank, IMF say crisis becoming 'human calamity' AFP - 1 hour 43 minutes ago WASHINGTON, (AFP) - - The IMF and World Bank have warned on Sunday the global economic crisis is turning into a "human calamity" and called on members to speed up pledged aid and give even more to help the most vulnerable. ADVERTISEMENT At the end of spring meetings in Washington Sunday, the two Bretton Woods institutions told their 185 member countries that the worst global slump in generations had already driven more than 50 million people into extreme poverty. "The global economy has deteriorated dramatically ... Developing countries face especially serious consequences as the financial and economic crisis turns into a human and development calamity," the International Monetary Fund and World Bank joint development committee said in a statement. "We must alleviate its impact on developing countries and facilitate their contribution to global recovery," the World Bank's policy steering committee said. Pledges of aid by countries, including by the Group of 20 countries at a London summit earlier this month, should be delivered, it said. "We urged all donors to accelerate delivery of commitments to increase aid, and for us all to consider going beyond existing commitments," the committee said. How to help the developing world cope with the worst global slump since the 1930s Great Depression was top of the agenda for the bank's steering committee meeting that wrapped up the sibling institutions' two-day gatherings. "No one knows how long this crisis will last," World Bank president Robert Zoellick told a news conference. Although the bank's finances are "in a strong position to help our partner countries," he said, the crisis was putting the United Nations' Millennium Development Goals to reduce poverty by 2015 increasingly at risk. The World Bank Saturday launched a 55-billion-dollar infrastructure investment program designed specifically to help developing countries weather the global slump. US Treasury Secretary Timothy Geithner told the committee that Washington was "on track" to meet a pledge to double development aid to Sub-Saharan Africa by next year and would increase other help "to vulnerable populations ... so that we can give people the tools they need to lift themselves out of poverty." No new pledges of aid were announced for the World Bank or for the IMF at the meetings, which followed up on the G20 commitment of more than 1.1 trillion dollars to multilateral institutions, mostly to the IMF, at a London summit on April 2. The IMF's policy steering committee endorsed Saturday a massive expansion of the fund's lending resources to combat the recession and boost lifelines to poor countries. The IMF recently forecast the global economy would contract 1.3 percent this year before growth of 1.9 percent in 2010. IMF head Dominique Strauss-Kahn said Saturday it was time to talk exit strategies from the crisis after all members had agreed on the fiscal stimulus measures taken and "on the absolute necessity of cleansing the financial system." The International Monetary and Financial Committee (IMFC) said a key achievement of the meeting was "ensuring the doubling of the Funds loanable resources." Strauss-Kahn said the IMFC also discussed the sale of IMF bonds to member states to raise extra funds, a move allowed by fund rules but never exercised. The sale of bonds is linked to the issue of IMF quotas and approved but as yet not enacted reforms to give developing countries more voice in the institution, traditionally dominated by the United States and other major advanced economies. "The Bank and IMF said all the right things, but the true test is whether their rich country shareholders will turn words into action," said Marita Hutjes, senior policy advisor at anti-poverty group Oxfam International. "Contributions to the bank and the IMF for the poorest countries are needed now. Bureaucratic delay and lack of political will on this will cost lives," Hutjes warned. Meanwhile, China called for reform of the global currency system, dominated by the dollar, which it said is the root cause of the crisis. Chinese Vice Finance Minister Li Yong said the "flawed" international monetary system is "a major defect in the current international economic governance structure." At the closing news conference, Zoellick and Mexican Finance Minister Agustin Carstens announced that the World Bank would speed more than 205 million dollars to Mexico to support the government's efforts to fight the spread of a new swine flu virus that has killed at least 20 people. Email Story IM Story Printable View Blog This Recommend this article 0 users recommend Sign in to recommend this article » Most Recommended Stories » Related Articles: China's Economy Euro drops steeply vs yen on risk aversionReuters - 1 hour 15 minutes ago US group appeals to China to avoid protectionismAP - 1 hour 18 minutes ago F&C AuM dip 6 pct in Q1, in JV with China's Hua XiaReuters - 1 hour 25 minutes ago World Bank, IMF say crisis becoming 'human calamity'AFP - 1 hour 43 minutes ago Related Articles: Business China's CNPC poised for $3 bln dollar-bill issueReuters - 40 minutes ago Sharp posts 125.8 billion yen annual lossAP - 40 minutes ago BOJ FOCUS-Bank of Japan to predict deeper slump, hold ratesReuters - 43 minutes ago NEC Electronics, Renesas to merge chip businessesAP - 53 minutes ago US businesses fret China, US protectionism may riseReuters - 55 minutes ago Enlarge Photo World Bank, IMF say crisis becoming 'human calamity' Related Photos Slideshow Full Photo Coverage: Business & Economy Related Full Coverage China Economy china economy All Full Coverage Most Popular – Business Viewed Obama dominates in first 100 days 'Golden Girls' Beatrice Arthur, dead at 86 Charred meat linked to pancreatic cancer risk $1 tln at risk in German banks: report Downturn hits Elton John, Paul McCartney View Complete List » Search: Home Singapore Asia Pacific World Business Entertainment Sports Technology Top Stories Most Popular Copyright © 2009 Yahoo! Southeast Asia Pte Ltd. (Co. Reg. No. 199700735D). All Rights Reserved. Privacy Policy - Terms of Service - Community - Intellectual Property Rights Policy - Help

    Other News on Monday, 27 April 2009
    Ecuador votes, Correa expected to win easily | International |
    Karzai signed law not knowing contents: campaigners | International |
    Page Not Found |
    Beyonce's catfight thriller leads box office | Entertainment |
    Global concerns over flu outbreak, over 100 dead | International |
    Jailed U.S.-Iranian reporter said "very weak"
    Ecuador's Correa cruises to re-election victory | International |
    Iraq says U.S. raid violated security pact
    Radical cleric breaks off talks in Pakistan's Swat | International |
    Iraq PM: Deadly US raid 'breach' of security pact
    Global ministers warn of risk of rising poverty | International |
    Iraq: US raid 'crime' that breaks security pact
    Attenborough, Branagh honoured at Britain's Baftas
    Yemen frees ship, captures pirates | International |
    Iraq PM says can confirm insurgent leader arrest
    IMF, World Bank focus on aid for poor countries
    Iraq says U.S. raid violated security pact | International |
    Afghan blasts, shootings kill 14
    Button extends title lead with Bahrain GP win
    Darfur rebels get death sentence for 2008 attack
    Swine flu fears close schools in NY, Texas, Calif.
    US-TECH Summary
    Doctors urge baseline test for prostate cancer
    College Fest Partygoers Start Street Fires After Police Break Up Crowd In Ohio
    Facebook plans to give developers more access: source
    U.S. Announces Emergency Plan To Combat Swine Flu
    Doctors warn about camphor poisoning in children
    Tornadoes Hit Kansas, Missouri; Lightning Kills Motorcyclist
    Obama's e-government off to good start
    Study links ADHD medicine with better test scores
    An Error has occured |
    Robert Blake Nominated As New State Dept. Assistant Secretary For South Asia
    Qualcomm settles Broadcom dispute for 891 mln dlrs
    Qualcomm to pay Broadcom $891 million to settle litigation | Technology |
    Firefighting Plane Crashes In Utah, 3 Killed
    Chrysler reaches labor deals in fight for survival
    Two Men, Suspect, Shot in Virginia College Dorm
    Moscow cop kills 3, injures 6 in shooting spree
    Pediatricians adopt new term for shaken baby abuse
    Artist James Rosenquist's Home, Work Destroyed By Florida Wildfire
    Probable Mexico swine flu death toll
    Man Shot Dead After Killing 2 Florida Deputies
    Berlin religion referendum fails
    The Dalai Lama serves hope to SF homeless
    Clinton In Unannounced Visit To Lebanon
    Albania to lodge EU candidacy papers Tuesday: PM
    Kansas County Records 2 Swine Flu Cases
    Sheriff: Soldier killed 2 Fla. deputies in arrest
    US mulls informal talks with Cuba: report
    Priest, wife hacked to death in Indonesia: police
    China bans pork imports from Mexico, parts of US
    Radical cleric breaks off talks in Pakistan's Swat
    Graft charges dropped against Bangladeshi PM
    Flu outbreak closes theaters in Mexico | Entertainment |
    42 Vietnamese fishermen detained in Malaysia
    SKorean firm to start tours along NKorea border
    Ghost story scares up interest at Tribeca fest | Entertainment |
    China, Taiwan deals signal more cooperation
    TV ownership no bar to welfare, says Malaysia
    Sri Lanka troops in pre-dawn attack on Tigers
    NEC Electronics, Renesas to merge chip businesses
    Nearly 20 pct of Asia hedge funds close since '08
    Report: Filipino radicals help Indonesia brethren
    Japan chipmakers NEC Electronics, Renesas to merge
    US group appeals to China to avoid protectionism
    Japan's Sharp reports 1.3 bln dollar annual loss
    Saudis use soft touch to 'save' former militants
    Seoul shares end lower as banks, techs decline
    Chinese massacre movie reports strong opening
    World Bank, IMF say crisis becoming 'human calamity'
    Two French films win top prizes at LA festival
    Macau Sands casino up for sale: report
    Flu outbreak closes theaters in Mexico
    Controversial Vietnam mine project to proceed
    Philippines warns on hugs, kisses over flu fear
    Daihatsu suffers first profit fall in seven years
    Ghost story scares up interest at Tribeca fest
    Indonesian president's party backs his re-election
    Father of Jamie Lynn Spears' baby injured in crash
    Attenborough, Branagh honoured at Britain's Baftas
    Tyra to testify at alleged stalker's NYC trial
    'Obsessed' movie goers flock to Beyonce thriller
    Israeli official: Swine flu name offensive
    Abbas says won't recognise Israel as Jewish state
    Police kill leftist militant in Istanbul gunbattle
    Sri Lanka says combat gives way to rescue | International |
    GM to trade debt for stock to avoid bankruptcy
    Bin Laden could be dead, whereabouts unknown: Zardari | International |
    Abbas won't be pressured into talks with Israel
    Swine flu spreads economic shivers
    Police kill leftist militant in Istanbul gunbattle | International |
    British PM Brown in surprise visit to Afghanistan
    British insurer Aviva sales rise five percent
    Brown takes new strategy to Afghanistan, Pakistan | International |
    Five suspected militants killed in Afghanistan
    Weak U.N. nuclear watchdog eroding non-proliferation | International |
    US auto union strikes tentative deal with Chrysler
    No rejoicing for Israeli Arabs on Independence Day | International |
    Clinton tells nations US acting on climate change
    Study: SE Asia will be hit hard by climate change
    Court refuses appeal from reputed drug kingpin
    UK rules out government database of emails, phones | Technology |
    New York City Parochial School Closed After 8 Students Confirmed With Swine Flu, While 100 More Have Flu-Like Symptoms
    Pirate Bay lawyer files for retrial, cites bias | Technology |
    Pirate Bay lawyer files for retrial, cites bias
    Feds: Ga. shooting suspect's passport is missing
    President Barack Obama's Addresses National Academy Of Sciences, Pledges To Boost Science
    CDC Offers Steps To Avoid Getting, Spreading Swine Flu During Current Outbreak
    Apple "say on pay" motion approved by shareholders
    Clinton tells nations US acting on climate change
    Apple say on pay motion approved by shareholders | Technology |
    One In 50 Children Homeless In U.S.; Recession And Loss Of Jobs, Along With High Rents, Blamed
    Conficker virus begins to attack PCs: experts | Technology |
    FL Attorney General Extends Condolences To Families Of Slain Deputies
    GM to cut 21,000 US factory jobs, shed Pontiac
    FL Attorney General Warns Homeowners Not To Fall For Scams Related To Tainted Chinese-Made Drywall
    Cult leader escapes French island jail
    Facebook costs Swiss woman her job | Technology |
    FDA: Raw Alfalfa Sprouts Linked To Salmonella Contamination
    Father: US journalist jailed in Iran 'very weak'
    China Suspends Pig Product Imports From Mexico, Parts Of The U.S.
    Lavrov talk on EU eastern influence 'nonsense': EU
    CDC: Practical precautions can help avoid flu
    Most families allow media to cover fallen soldiers
    Ex-OC sheriff to get sentence on felony conviction
    Bats may be linked in Philippines Ebola cases
    Sri Lanka to stop airstrikes, shelling of rebels
    Afghan president promises change in marriage law
    Beyonce's catfight thriller leads box office | Entertainment |
    Taliban derides 'worthless' truce with Pakistan
    Sri Lankan army stops using 'heavy weaponry'
    Hong Kong woman tested for swine flu: official
    Taliban: Peace pact with Pakistan is 'worthless'
    Pakistani stocks down 3.6 pct; rupee flat
    British PM: Af-Pak border 'crucible of terrorism'
    Chinese bank ICBC says 1Q profit up 6 percent
    Southeast Asia prepared for swine flu outbreak: ASEAN
    Mitsubishi slips into red but sees return to black
    Khmer Rouge jailer: infamous regulations sign fake
    Sharp posts $1.3 bln loss as TV, gadget sales dive
    ANA to post smaller than expected loss
    Taiwan dollar down on swine flu, exporters absent
    German Allianz mulls partial sale of ICBC stake
    Japan says economy to shrink 3.3 percent this year
    Sharp posts 125.8 billion yen annual loss
    Edgar Allan Poe to be honored with Boston square
    Two killed in Georgia 'Star Academy' studio collapse: official
    Christian priest, wife killed in eastern Indonesia
    Acropolis museum to open in June: minister
    Beyonce's catfight thriller leads box office
    Greece at new risk of being pushed off euro
    Bodies of missing Tenn. mom, Jo Ann Bain, and daughter found
    Female Breasts Are Bigger Than Ever
    AMD Trinity Accelerated Processing Units Now in Volume Production
    The Avengers (2012 film), made the second biggest opening- and single-day gross of all-time
    AMD to Start Production of piledriver
    Ivy Bridge Quad-Core, Four-Thread Desktop CPUs
    Islamists Protest Lady Gaga's Concert in Indonesia
    Japan Successfully Broadcasts an 8K Signal Over the Air
    ECB boosts loans to 1 trillion Euro to stop credit crunch
    Egypt : Mohammed Morsi won with 52 percent
    What do you call 100,000 Frenchmen with their hands up
    AMD Launches AMD Embedded R-Series APU Platform
    Fed Should not Ignore Emerging Market Crisis
    Fed casts shadow over India, emerging markets
    Why are Chinese tourists so rude? A few insights

    [InfoAnda] [Home] [This News]



    USD EUR - 1 year graph

    BlogMeter 1.01