Category: Other

NEW DELHI, April 15, 2008 (AFP) – The daughter of assassinated Indian premier Rajiv Gandhi on Tuesday confirmed she had met one of the people behind her father’s murder. Priyanka Gandhi Vadra said meeting Nalini Sriharan at her prison helped her come to terms with the killing of her father by a suicide bomber in […]

WASHINGTON, April 13, 2008 (AFP) – The World Bank on Sunday launched a “New Deal” to fight hunger and poverty and urged governments to take action against a food crisis that has sparked deadly unrest in developing countries.A doubling of food prices over the past three years could push 100 million people in poorer developing […]

WASHINGTON, April 13, 2008 (AFP) – World economic leaders have taken steps to alleviate the worst financial shock in decades and a food price crisis that is sparking deadly unrest in developing countries. In three days of meetings that ended Sunday, finance ministers and central bankers grappled with the credit squeeze and inflation emergencies against […]

PARIS, April 14, 2008 (AFP) – Farming practices must change to confront soaring food prices that threaten to drive millions of poor people around the world into even deeper poverty, said a new study to be released here Tuesday. “Business as usual is no longer an option,” the International Assessment of Agricultural Science and Technology […]

WASHINGTON, April 12, 2008 (AFP) – Rising prices, especially for food, could have terrible consequences for the world, including the risk of war, and action needs to be taken to keep inflation in check, the IMF head said Saturday. “Food prices, if they go on like they are doing today …the consequences will be terrible,” […]

SINGAPORE, April 12, 2008 (AFP) – Record high oil prices, environmental concerns, affluent lifestyles as well as the need to dodge city traffic are driving a boom in Asia’s motorcycle and bicycle market, industry figures say.The rediscovery of cycling as a way to keep fit is also helping to boost demand for two-wheelers, those at […]

PARIS, April 12, 2008 (AFP) – Inflation in Europe, far from being throttled as suggested in some quarters only 18 months ago, is alive and kicking hard at the middle classes as well as ordinary workers.Price rises, and consequent constraints on living standards, are pushing trade unions into confrontation with management in many countries. A […]

WASHINGTON, April 12, 2008 (AFP) – The global economy faces “considerable challenges” in the shape of a slowing US economy, financial market turmoil and higher inflation, US Treasury Secretary Henry Paulson said Saturday. Paulson, addressing the spring meeting of the International Monetary and Financial Committee, said global growth had been favorable in past years but […]