-FAO The world's forests have a major role to play in the transition to a new, greener economy, a theme being discussed at the Rio+20 Conference.  But to spark that shift, governments must enact programs and policies aimed at both unlocking the potential of forests and ensuring that they are sustainably managed, FAO said today. In a new report, The State of the World's Forests 2012 (SOFO 2012), the UN Food and...

-The United Nations The world's forests have a major role to play in the transition to a greener economy, but governments need to do more to ensure they are sustainably managed, according to a new report from the United Nations Food and Agriculture Organization (FAO), issued today. “Forests and trees on farms are a direct source of food, energy, and cash income for more than a billion of the world's poorest people,”...

Desired outcomes can be reached through a series of ‘imperfect’ small initiatives What is to be done? How can we untie the Gordian knot that has so entangled the political economy of petroleum product prices? This is the question that now exercises our most experienced politicians and our ablest economists. Most well informed people know that a country that imports 80 per cent of its oil requirements cannot de-link itself from the...

-Reuters SUPALI: Two years ago, Vilas Yelmar took out a 200,000 rupee ($3,610) bank loan to develop a small grape orchard in a dusty hamlet southeast of Mumbai. The bank has repeatedly asked for the loan to be repaid, but Yelmar, whose annual income has risen to 2 million rupees, has spent the money on a new sport utility vehicle and a lavish family wedding. He is one of an increasing number...

-The Hindustan Times From a crackdown on dubious charity contributions to encouraging the use of credit and debit cards, from tracking realty deals to monitoring jewellery purchases, the government has proposed a wide range of measures to combat black money. The proposals are part of the white paper on black money tabled in the Lok Sabha on Monday by finance minister Pranab Mukherjee. The white paper does not, however, disclose names...