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World Bank approves $4.3b aid to India to fight poverty

Source: PTI/IANS The World Bank has announced $4.3 billion in financial aid to India through a new innovative and flexible financing arrangement to help the country fight poverty. The arrangement, while facilitating a $4.3 billion increase in support to India, is designed to maintain International Bank for Reconstruction and Development's -- which is its lending arm -- net exposure within the limit of $17.5 billion established by it. In a statement, the World...

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India patent bypass delivers life-saving blow against cancer by Raja Murthy

India's decision this month to produce Germany-based multinational Bayer's anti-cancer drug Nexavar, in the first use of "compulsory licensing" in South Asia, will save lives but also raises intricate questions. Under the compulsory licensing process, a government can under World Trade Organization (WTO) rules bypass a patent owner's rights after three years and order the manufacture and sale of life-saving medicines at much cheaper cost than by obtaining the medicine from...

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World Bank approves $4.3 billion aid to India to fight poverty

-PTI The World Bank has announced $ 4.3 billion financial aid to India through a new innovative and flexible financing arrangement to help the country fight poverty. This arrangement, while facilitating a $ 4.3 billion increase in support to India, is designed to maintain International Bank for Reconstruction and Development's (IBRD) - which is its lending arm - net exposure within the limit of $ 17.5 billion established by it. In a statement,...

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U.N. Human Rights Council Exhorted to Defend Peasants’ Rights by Isolda Agazzi

Decades after peasants’ networks have advocated for a new legal instrument to protect the rights of small farmers to land, seeds, traditional agricultural knowledge and freedom to determine the prices of their production, the United Nations Human Rights Council (UNHRC) may decide to start drafting a declaration on peasants’ rights next week. "The idea of an international declaration on peasants' rights comes from our (base) because many small farmers don’t have...

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UN updates guidelines on joint AIDS-tuberculosis treatment to save more lives

-The United Nations An estimated 910, 000 lives were saved globally in six years due to guidelines intended to ensure that people living with HIV/AIDS are protected from tuberculosis, the United Nations World Health Organization (WHO) said today, releasing an updated policy on joint prevention, diagnosis and treatment of both diseases. TB is a leading cause of death among people living with HIV/AIDS, which weakens the immune system, making those infected much...

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