Senior United Nations officials today called for urgent steps to rein in the rising prices for basic farm produce, petroleum and raw industrial materials whose volatility hits the world’s poorest people the hardest. “Such volatility has huge negative impacts on vulnerable groups, such as low-income households in developing countries, for whom food expenditure can account for up to 80 per cent of household budgets,” UN Conference on Trade and Development...
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Too Much Goodwill by Pragya Singh
NGOs To No Go’s * NGOs have mushroomed; so have instances of misappropriation of funds * Not disclosing expenditure and receipts; nor revealing who funds them * Not setting up NGO for the task it was funded for * Flocking to 'hot' topics, inviting accusations of singing to industrialists’ tunes * For every NGO supporting a cause, another springs up against that cause *** NGO numbers * 3.3 million Number of NGOs...
More »The Green Turns Grey by Anuradha Raman
The environment minister promised much, but his flip-flops of late raise concern Mr Compromised * Vedanta In ’09, Jairam said no to mining. Now says yes to refinery expansion though water is scarce. * Polavaram dam Gives forest clearance, then seeks explanation * Posco Under litigation as the ministry says yes to forest clearance for iron ore/steel plant * Lavasa township Ministry report says ecologically sensitive Ghats will be affected....
More »Corruption rises: 20 facts you must know
Somalia is the world's most corrupt nation, according to transparency international's 2010 Corruption Perception Index. The 2010 CPI shows that nearly three quarters of the 178 countries in the index score below five, on a scale from 0 (perceived to be highly corrupt) to 10 (perceived to have low levels of corruption), indicating a serious corruption problem. New Zealand, Denmark and Singapore are the least corrupt countries in the world, according...
More »Price volatility & food crises by Jacques Diouf
The present situation is different from that of 2007-2008, although recent climatic events may significantly reduce agricultural production next season. Must history always repeat itself? We are indeed on the verge of what could turn out to be another major food crisis. The FAO Food Price Index at the end of 2010 returned to its highest level. Drought in Russia and the export restrictions adopted by the government, together with...
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