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UN food agency highlights progress in Swaziland agricultural initiative

-The United Nations Swaziland’s farmers are beginning to reap the benefits of a UN-backed five-year programme aimed at reversing the country’s declining agricultural productivity, the United Nations food agency declared today. In a media statement, the UN Food and Agriculture Organization (FAO) announced that its Swaziland Agricultural Development Project, or SADP, had already begun to have an impact on the lives of the country’s smallholder farmers through a number of training initiatives...

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Retail FDI takes effect -Jayanta Roy Chowdhury

-The Telegraph   Wal-Mart Stores Inc — the $446 billion retail behemoth — will be able to open stores in 22 cities across the country after the government notified a press note tonight permitting foreign direct investment up to 51 per cent in multi-brand retailing operations. The press note — which contained clauses that were not spelt out in the controversial press release issued last Friday after the cabinet formally cleared the proposal...

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Laissez-Faire Failing World’s Dwindling Water Resources-Stephen Leahy

-IPS News UXBRIDGE, Canada- Growing water shortages in many countries are a major threat to global security and development and should be a top priority at the U.N. Security Council, a panel of experts said in a new report. However, that report ignores the biggest threat to water security: neoliberal policies of the free market economic system laying waste to the natural world and turning water into a commodity, activists counter. China...

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Retail FDI-for people or MNCs? -Shekhar Swamy

-The Hindu Business Line A system that generates wealth and jobs for millions will be replaced by retail giants with the pricing power to squeeze farmers and consumers. The UPA Government announced its policy last week, of inviting big multinational retailers to come and take over the Indian market. Predictably, the pro-lobby that has worked behind the scenes has expressed delight. Oddly, the words and concerns of the masses who are about to...

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India's 7,730 super rich collectively own $925 bn: report

-PTI However, in the corresponding period last year there were as many as 8,215 with a total wealth of $980 bn India is home to as many as 7,730 ultra high net worth (UHNW) individuals whose combined wealth amounts to a whopping $925 billion, says a study. According to the world ultra wealth report 2012-13, by Wealth X, a global wealth intelligence and prospecting company, India has 7,730 UHNW individuals, of which...

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