The IMF’s April 2025 Regional Economic Outlook for Sub-Saharan Africa presents a clear warning: regional growth is slowing, debt pressures are mounting, and donor assistance is declining. Yet the report outlines critical opportunities particularly in domestic revenue mobilization, structural reform, and private sector activation that can shape a more resilient …
North Korea faces a looming food and humanitarian crisis after a poor harvest that has caused food prices to skyrocket and supplies to dwindle, the United Nations World Food Programme said on Wednesday. Agricultural experts in Seoul have said the shortfall, the result of flood damage last year, high commodity …
Allaying fears of possible food riots, Union Agriculture and Consumer Affairs Minister Sharad Pawar on Wednesday said there was no shortage of food grains in the country and claimed that the prices of essential commodities had shown a stabilising trend in the past one month. Replying to a discussion on …
The nations that taught us that state meddling in economic matters was blasphemy are now nationalising banks, bailing out brigands, and pouring in funds to stop factories from closing down. The bailout of Bear Stearns by the U.S. Federal Reserve was worth $30 billion. That is roughly twice the "loan …
A day after senior Bharatiya Janata Party leaders held a demonstration here in protest against inflation, the Rajasthan Government on Wednesday decided to continue procurement of wheat and prevent hoarding of essential commodities to check escalation in prices. State Food and Civil Supplies Minister Ghanshyam Tiwari issued instructions at a …
Congress has said controlling inflation is top priority. Opposition BJP wants to make inflation the main poll issue in Karnataka. The "Third Front' or UNPA has organized rallies on the issue while the Left has accused the UPA government of letting the "common man' down. But on Wednesday, when a …
"The food crisis that the country is now witnessing is not a sudden emergence but a creation of deliberate policies and laws that have over a period of time practically taken away the country's food security,' said Navdanya founder-director Vandana Shiva here on Wednesday, adding that "the Government cannot now …
Under attack over rising prices, the government on Wednesday announced a slew of measures, including Rs 15-a litre subsidy on edible oil. The Prime Minister is also contemplating calling a meeting of Chief Ministers to discuss steps to tackle the rising prices. In the Lok Sabha, Agriculture Minister Sharad Pawar …
Amid mounting worries that rising prices might singe Congress and its UPA partners in the coming elections, government on Wednesday vowed to crack down on cement and steel cartels and announced imports of one million tonnes of edible oil and 15 lakh tonnes of pulses. The announcements were made during …
Faced with growing pressure from the Left parties and the Opposition on rising prices of essential commodities, the government on Wednesday said it would not hesitate to take tough measures to control inflation. Intervening during a discussion in the Lok Sabha on price rise, Finance Minister P. Chidambaram said the …
The state election commission is yet to decide on the change of last date for withdrawal of candidates from 21 April to 22 April following the Bangla bandh jointly called by Trinamul Congress and Suci. Miss Mamata Banerjee, Trinamul Congress chief today took out a rally from Mominpore to Hyde …
The Delhi government plans to tackle price rise by opening a large number of retail grocery shops in the city. The Delhi government plans to tie up with the Kendriya Bhandar for opening grocery shops. The official added that the food items will be available in these shops at the …
Atypical skinny, bearded farmer was examining his paddy field, which was attacked by a disease unknown to him and his co-farmers. Anxiety and uncertainty shadowed his face as the leaves of his hybrid paddy plants were withering fast (Prothom Alo, April 4, 2008). Some 32,000 hectares of paddy land (according …
Concerns among Japanese people about prices and food safety have increased sharply since a year ago, according to a government survey. The survey of 5,494 adults nationwide also found that a record high 57.0 percent have a sense of patriotism, the Cabinet Office said. Asked about areas where they see …
Rising food prices and their threat to political stability and development gains captured the attention of world economic leaders meeting here, with a call to arms launched by the World Bank. The issue steadily gained prominence during the International Monetary Fund and World Bank spring meetings over the weekend that …
The idea of turning farms into fuel plants seemed, for a time, like one of the answers to high global oil prices and supply worries. That strategy seemed to reach a high point last year when Congress mandated a fivefold increase in the use of biofuels. But now a reaction …
The Sri Lankan government has imposed price control over retail sales of rice with effect from midnight tonight. Trade, Commerce, Consumer Affairs and Market Development Minister Bandula Gunawardena, playing a key role in issuing this extra-ordinary gazette notification on rice prices, states that price control on the retail price of …
EU Environment Chief Raises New Biofuels Condition BELGIUM: April 16, 2008 BRUSSELS - The European Union's environment chief raised new conditions on Tuesday for the use of biofuels in road transport, saying social concerns such as food prices and food security must be taken into account. Environment Commissioner Stavros Dimas …
Fuel Choices, Food Crises and Finger-Pointing Published: April 15, 2008 Food Prices Rise But now a reaction is building against policies in the United States and Europe to promote ethanol and similar fuels, with political leaders from poor countries contending that these fuels are driving up food prices and starving …
The Doha round of global trade negotiations has been stalled since 2001 because developing nations have refused to lower import tariffs that protect their farmers and rich countries won't give up farm-price supports. Now, import duties are being slashed from Brazil to Burkina Faso in response to prices that the …
