India will grow at 6.3 percent: Manmohan SinghSeptember 25th, 2009 PITTSBURGH - Prime Minister Manmohan Singh Friday predicted a 6.3 percent growth for India during the current fiscal even though he saw a dip in the economic expansion of developing countries as a whole to 1.5 percent. "Despite a drought, which will affect agricultural production, we expect to grow by around 6.3 percent in 2009-10," the prime minister told the plenary session of the G20 Summit here.
'Rich nations must help developing world fight climate change'September 25th, 2009 PITTSBURGH - Prime Minister Manmohan Singh says developed nations would need to provide funding and affordable technology to developing nations in return for any commitments to fight climate change. "There is a broad, vague agreement that any agreement in which developing countries are also required to take any national action will have to be accompanied by credible action on the part of developed countries," he said at a post G-20 summit news conference Friday.
Developing nations ask industrialized world to compensate them for economic, climate crisesSeptember 25th, 2009 Poor nations want compensation for economic crisisUNITED NATIONS — Developing nations are urging the industrialized world to acknowledge its responsibility for the global economic and climate crises and to compensate them for the damages these have caused. Yemeni Foreign Minister Abu-Bakr al-Qirbi, who chairs the Group of 77 that represents 132 developing counties, says the U.N.
Climate change outcome must be rooted in equity: IndiaSeptember 22nd, 2009 UNITED NATIONS - Asserting that India has not caused the climate change problem in any way, External Affairs Minister S.M. Krishna said New Delhi will be part of the solution, but the outcome must be rooted in equity.
Japan's new government seeks deeper cuts in greenhouse gasesSeptember 7th, 2009 TOKYO - Japan's premier-designate said Monday that his incoming government wants to make deeper cuts in the country's emissions of greenhouse gases. Yukio Hatoyama, who is slated to become the next prime minister after his Democratic Party of Japan won last week's parliamentary election, said the party wants emissions cuts of 25 percent by 2020 from 1990 levels.
India hasn't changed its climate policy: PMJuly 29th, 2009 NEW DELHI - India has not changed its climate policy and the declaration at the Major Economic Forum adopted at LAquila, Italy, is not a declaration of India's climate change policy, Prime Minister Manmohan Singh said here Wednesday. Replying to a debate in the Lok Sabha, Manmohan Singh said: "Nor is it a bilateral declaration between India and another country or a group of countries.
Fight against poverty can go with low-carbon economy: ClintonJuly 18th, 2009 MUMBAI - There is "no inherent contradiction between poverty eradication and moving towards a low-carbon economy", US Secretary of State Hillary Clinton said Saturday, signalling her government's approach towards India in the area of combating climate change. "The United States fully supports India's efforts to move all its people out of poverty," Clinton said at a news conference here.
Developing nations call upon developed nations to cut their emissions by up to 40 percentJuly 10th, 2009 L'AQUILA - The developing countries criticised the G-8 nations for not taking enough steps to curb global warming, dubbing the proposed long-term targets as meaningless. he larger developing nations said they wanted to see more credible mid term targets than long-term ambitious targets.
G-5 leaders play victim of economic crisis shaped by developed countriesJuly 9th, 2009 L'AQUILA - The developing countries are bearing a major brunt of the global financial crisis they did not create, the Group of Five main emerging economies said in Italy on Wednesday. Prime Minister Dr.
Manmohan Singh takes on developed world at G-5 summitJuly 9th, 2009 L'AQUILA - Addressing the media following the G-5 outreach summit here, the Prime Minister, Dr. Manmohan Singh, once again took on the West and blamed it for the current economic meltdown.
US initiates historic shift in Afghan counter-narcotics policyJuly 1st, 2009 LONDON - The International Council on Security and Development (ICOS) today hailed the monumental move by the US to stop the failed policy of poppy crop eradication in Afghanistan. It also called on the US, UK and the international community to back its "Poppy for Medicine" proposal in the war-torn country.
60 mn Asians below poverty line due to recession: OfficialJune 22nd, 2009 SINGAPORE - The president of the Asian Development Bank warned Monday that the global economic downturn might lead to a significant increase of poverty in Asia. "Instead of breaking out from poverty, we expect that more than 60 million people in developing Asia...
TULF greets Manmohan, Sonia GandhiMay 17th, 2009 COLOMBO - Sri Lanka's main Tamil political party Sunday congratulated Prime Minister Manmohan Singh and Congress president Sonia Gandhi for the victory of the ruling coalition in Indian elections. 'The Tamil United Liberation Front (TULF) rejoices with the people of India over the tremendous performance of the United Progressive Alliance (UPA) in the (Lok Sabha) elections,' TULF president V.
World Bank: Nations should speed aid to poor countries hit by economic crisisApril 26th, 2009 World Bank: Nations should speed aid to poorWASHINGTON — The World Bank on Sunday urged donor nations to speed up delivery of the money they've already pledged — and to give even more — to help poor countries weather the steep global recession. The bank said developing countries face especially serious consequences as the financial and economic crisis turns into what it described as a "human and development calamity."
In a communique, the World Bank's policy steering committee said the crisis has already driven more than 50 million people into extreme poverty, particularly women and children.
Developing countries say they are hit harder by global financial crisis and need urgent helpApril 24th, 2009 Developing countries hit harder by global crisisWASHINGTON — Developing countries are being hit harder by the global financial crisis than industrialized nations and need urgent and unprecedented help to cope with it, the Group of 24 countries said Friday. Among the effects of the crisis the developing countries are experiencing are falling prices for their commodities and exports, a decline in money transfers their citizens send from abroad, a sharp reduction in foreign direct investment and exposure to the credit crunch other countries are facing.