An annual meeting of Asian finance ministers and central bank governors in Hanoi is set to address the fate of 64 million people in the region on the brink of extreme poverty. They are the worst affected by soaring food prices, which have hit record highs in the first two months of this year. "The issue of food price inflation and food security will indeed be one of the key topics...

An additional 3 billion Asians could enjoy higher living standards, but only if Asia sustains its present growth momentum and addresses the challenges and risks facing the region, the Asian Development Bank (ADB) said in a new report on Wednesday. The draft report says that as the global economy's center of gravity shifts toward Asia, the region could account for about half of global output in 2050, up from the...

An insecticide widely used in agriculture for pest control has become the latest hazardous chemical to be added to the United Nations’ list of persistent organic pollutants (POPs) targeted for elimination from the global market by next year, the UN Environment Programme (UNEP) announced today. Representatives from 127 governments meeting in Geneva from 25 to 29 April agreed to add endosulfan, an organochlorine insecticide, to the POPs list because it is...

Up to one billion people could die this century from smoking or being exposed to tobacco if current rates continue, a senior United Nations health official warned today, urging governments of low- and middle-income countries to adopt the same measures that many wealthier nations have already taken to deter people from smoking. “A cataclysmic future” lies ahead unless serious steps are taken to curb smoking, said Douglas Bettcher, Director of the...

The outcome of Stockholm Convention to ban endosulfan capping a long-drawn campaign against the pesticide on health grounds may have brought cheers to the opponents but the domestic industry is crying foul suspecting an European link aiming to capture the Indian market. India and a few other developing countries extracted several exemptions, including a phase out period of 11 years to ban production and use of the toxic pesticide at the...