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World economy to strengthen as job growth remains ‘stubborn’ –UN report

-The United Nations   The global economy is expected to strengthen over the next two years, despite a downgrade of growth prospects for some developing countries and transition economies, and "stubbornly slow" job growth, according to the United Nations World Economic Situation and Prospects 2014 mid-year update launched today in New York. "More than five years after the financial crisis, the world continues to struggle with getting the global economic engine back to...

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Conflict of interest in setting norms for pharmaceuticals in WHO -Rema Nagarajan

-The Times of India   NEW DELHI: The World Health Organisation's (WHO) work of setting up norms and standards for production of medicines seems to be flawed by a fundamental conflict of interest. At the heart of its standard setting work is an entity the International Conference on Harmonization (ICH) in which majority of the WHO member countries have no voting rights and which is dominated by pharmaceutical industry groups. This glaring...

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Revamping agriculture and PDS-Ashok Gulati

-Live Mint To alleviate poverty and extend true food security to its people India must bring efficiency to public expenditures In the Indian economy, where almost half of the average household's expenditures goes toward food and half the labour force is engaged in agriculture, one cannot simply wish away the centrality of agriculture just because its contribution to gross domestic product (GDP) hovers around a comparatively low 14%. India's agriculture is responsible...

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No movement in WTO's Bali package worries India-Nayanima Basu

-The Business Standard   Agreement 'endorsed' by members and being legally vetted but will be part of the main Doha agenda only after a tenuous process After the euphoria over an "Indian victory" at the ninth ministerial meeting of the World Trade Organization (WTO) in Bali, Indonesia, not much has moved on the agreed agenda. The 159 members of the WTO managed to adopt the 'Bali package' after last December's meeting, the global trade...

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Global food prices hit 10-month high in March-Dilip Kumar Jha

-The Business Standard Unfavourable weather conditions in US, Brazil; reduced supply on geopolitical tensions supported move, to ease soon Global food prices rose sharply to hit a 10-month high in March, following a 2.3 per cent rise in the prices of agricultural commodities brought on by unfavourable weather conditions in the United States and Brazil, coupled with geopolitical tensions in the Russian region. While the global commodity price rise opened an opportunity for...

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