-The Indian Express India lost a whopping $123 billion in black money during 2001-2010, making it the eight largest victim of illicit financial outflow, a US-based research and advocacy organisation said in a report. However, India’s black money loss of $123 billion in 10 years is far less than that of China, which according to the report suffered a loss of $2.74 trillion during the same period (2001 to 2010), followed by...
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India will overtake US in coal use by 2017
-PTI India is likely to be the second largest consumer of coal, surpassing the United States, in the next five years, says a report. “China and India would lead the growth in coal consumption over the next five years... while India will become the largest seaborne coal importer and second-largest consumer, surpassing the United States,” according to a report by International Energy Agency (IEA). The report further said that coal demand is expected...
More »Doha dithers on equity -Meena Menon
-The Hindu THE SUNDAY STORY The scientific evidence points to a warming world. That would affect human health and agriculture, but at the Climate Change Conference in Doha, many rich countries baulked at strong action. India and China lead the developing world in calling for more remedial funding. The World Meteorological Organization (WMO) times the release of its provisional annual statement with the U.N. climate negotiations. This year, it dwelt on the...
More »Sibal to approach Cabinet on ITRs, as U.N. Summit on Internet control collapses -Shalini Singh
-The Hindu In a sensational development that impacts the Internet, a group of mainly African nations moved and won a resolution accompanied by a set of binding treaty-based International Telecom Regulations (ITRs) at the UN’s World Conference on Internet and Telecommunications (WCIT) in Dubai. The move was supported by China, Russia and mostly Arab states. At the last count, 89 countries had endorsed the global treaty on telecom regulations by Friday, with nearly...
More »90 nations sign Net treaty amid split
—AP Envoys from nearly 90 nations signed on Friday the first new U.N. telecommunications treaty since the Internet age, but the U.S. and other Western nations refused to join after claiming it endorses greater government control over cyberspace. The head of the U.N. telecoms group pushed back against U.S. assertions, defending the accord as necessary to help expand online services to poorer nations and add more voices to shape the direction of...
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