Protesters paralyze Prague
About 8,000 activists railing against the inequities of economic globalization disrupted a meeting here today of the World Bank and the International Monetary Fund, clashing with police and paralyzing traffic in the Czech capital.In scenes reminiscent of protests outside a meeting of the two institutions in Washington in April, delegates …
IT no benefit to India's poor
WSJ : Two Wall Street Journal writers have said that the information technology (IT) revolution in India and other countries like China, Brazil and Malaysia is important as "symbol" of national ambition but it has yet to offer "tangible benefits" to the vast majority of their poor.
Bank schemes cost 2.6m their homes
More than 2.6m people around the world were being resettled against their will by World Bank projects under way last year, according to bank documents. The emergence of documents, which have not made public, will fuel controversy over bank resettlement policies that were ignited by a contentious debate earlier this …
WTO concerned over UN report
Top WTO officials have voiced concern to the UN High Commissioner for Human Rights about a report describing the global trade body as a "nightmare" for developing countries, diplomatic sources said Friday.
WTO protests to UN over 'nightmare' report
Top officials of the World Trade Organisation (WTO) have expressed "deep concern" to Mary Robinson, United Nations high commissioner for human rights, over a report describing the WTO as a "nightmare" for poor countries.
Nigerian Delta area bill passed
Nigeria's national assembly ended months of wrangling when it passed a controversial bill governing President Olusegun Obananjo's development plans in the oil-producing Niger delta. The bill sets up a special commission made up of appointees from oil producing states who will be charged with creating and supervising development projects in …
WB admits flaws in Indian projects
World Bank officials have admitted that some projects in India have failed as resettlement problems remain unsolved and ordinary villagers remain uncompensated for their trials and tribulations.
World Bank to assist in uplift projects for women
The World Bank will extend all possible help and assistance to development projects pertaining to women in Pakistan, said the Bank's gender coordinator, Karin Kapadia. During a meeting with the federal minister for Education, Women Development and Social Welfare, Zubeida Jalal, on Tuesday, Ms Kapadia said the Bank would provide …
Poverty main cause of child labour
report : Little investment in social sectors, poverty and large families are the main causes of child labour in Pakistan, says a report. The report, prepared by a UK-based organization, has suggested that educating children about their rights as workers and providing opportunities for education and recreation, side by side …
WTO is 'nightmare' for developing nations
A United Nations-appointed study team has labelled the World Trade Organisation a "nightmare" for developing countries and suggested the body should be brought under the UN's purview. The team - in a report presented to the UN's sub commission on the protection of human rights - also dismissed the WTO's …
UK calls for clairification
The World Trade Organisation must not be turned into an international forum for dealing with such sensitive non-trade concerns as social, health and environmental policy issues, a British government report said. The report backed the WTO as n effective framework for trade and said further liberalisation should benefit social, health …
Pace of poverty reduction slow after reforms
Report: Pace of poverty reduction in the country slowed down after economic reforms began in the ealry 90s despite an average economic growth rate of over 6 per cent per annum during 1990-98.This damning observation is contained in the World Development Report 2000-2001 released on Tuesday.
World Bank alters tactics on war on poverty
Poverty reduction in developing countries requires reducing inequality and protecting vulnerable groups as well as promoting economic growth, according to an influential report published by the World Bank. In its eagerly awaited annual World Development Report, the bank said the war on poverty needed a broader approach than previously thought.
UN
Report calls WTO 'nightmare' : A United Nations-appointed study team has labeled the World Trade Organization a "nightmare" for developing countries and suggested the body should be brought under the U.N.'s purview.In a report presented this week to the U.N.'s sub-commission on protection of human rights and made available on …
NGOs prepare to block WEF Asia-Pacific summit
International activists urged Australians yesterday to join a blockade of the World Economic Forum's (WEF) Asia Pacific Economic Summit in Melbourne this week to protest against the power of international corporations. A loose group of anti-corporate advocates aim to shut down the three-day summit beginning today, hoping as many as …
Dam oustees to be allotted lands
The State Water Resources Minister, Mr Ramachandra Singhdeo, has said the State Government has decided to make arrangements for allocating lands in advance to the farmers whose lands get submerged due to the irrigation projects.
