meeting of the World Bank and the International Monetary Fund (IMF) in Washington said such measures were needed for global economic recovery.
The head of the IMF said progress had been made but it had been too slow.
The meeting also heard calls for more help for African countries feeling the effects of the global crisis.
Tanzania's finance minister said the slump threatened to wipe out his country's previous gains and that rich countries should use part of their stimulus resources to help poorer ones.
IMF Managing Director Dominique Strauss-Kahn said no one at the meeting had challenged the view that reform was needed.
"I think everybody again agrees that we need to do it now and that recovery is heavily relying on that," he said.
Mr Strauss-Kahn said all the minister present would "go back committed to speeding up the process" of such reforms.
Egyptian Finance Minister Yousef Boutros-Ghali, who chaired the meeting, said the global economy had "serious problems" but that things were "beginning to look up".
"Carefully, cautiously we can say there is a break in the clouds," he said.
Developing support
Mr Zoellick said bail outs must offer support to poorer countries
The communique from the meeting also called on the IMF to assess actions which have been taken.
The BBC's Andrew Walker in Washington says this means that Mr Strauss-Kahn is more likely to speak out if he feels that the efforts to fix the banks are still lagging.
Earlier, US Treasury Secretary Timothy Geithner said the IMF needed urgently to be overhauled to give emerging economies such as China a greater say in how it is run.
Analysts say such a move could lead to China putting much more money into the fund.
Meanwhile the World Bank has announced a $55b (£37.4b) stimulus programme for poorer countries.
It says the infrastructure investment programme is part of efforts to help developing countries weather the global slump.
"It is vitally important that economic stimulus packages in the developed world are accompanied by support to those that cannot afford multi-billion [dollar] bailouts," World Bank president Robert Zoellick said in a statement.
"Follow-up"
World leaders signed a deal to tackle the crisis with measures worth $1 trillion (£681bn) on 2 April.
At the London meeting three weeks ago, the G20 agreed to triple the resources available to the IMF to $750bn.
That included a $500bn emergency lending facility, with the European Union (EU), Japan and the US each pledging $100bn towards it.
However, the World Bank has accused the US, the EU and other G20 members of going against one of the pledges made at the summit.
It has named several countries it says have carried out protectionist measures, despite the G20 agreeing cuts to trade barriers.
Sunday, April 26, 2009
Congress has a role in freedom movement and national reconstruction : Sonia Gandhi
Addressing an election rally in Mangalore(Karnataka), Congress President Sonia Gandhi appealed to people to vote for Congress on the basis of its role in freedom movement and national reconstruction. Congress President said, “Our party got the roads, power stations and bridges built across the country and ensured job reservation for Dalits and tribal people.” She said that it was the Congress which carried out the task of nationalization of Banks and Green revolution in 60s...
She said, “Institutions like LICs are the achievement of Congress Party.”
Congress President said that White revolution and reservation for women in Panchayats had become possible due to the policies of Congress leaders. She said, “Congress leaders ensured the defeat of enemies of India and changed the map of the world.” She said that it was the dream of Congress leaders that there were mobile phones and computers in every household.
She said, “Every responsible person in this country feels that for the development and unity of India congress has become more relevant.” She said that congress was needed for the betterment of common man and for maintaining social harmony.
Congress President criticized BJP on terrorism and said that it was the Congress which could fight with terror in a proper way. She questioned BJP’s ability to tackle terrorism and said,” During NDA rule terrorists attacked our Parliament and Kandhar plane hijack happened.” She criticized opposition for attacking Prime Minister Manmohan Singh and said that Mammohanji had all the abilities for the top job..
She said, “Institutions like LICs are the achievement of Congress Party.”
Congress President said that White revolution and reservation for women in Panchayats had become possible due to the policies of Congress leaders. She said, “Congress leaders ensured the defeat of enemies of India and changed the map of the world.” She said that it was the dream of Congress leaders that there were mobile phones and computers in every household.
She said, “Every responsible person in this country feels that for the development and unity of India congress has become more relevant.” She said that congress was needed for the betterment of common man and for maintaining social harmony.
Congress President criticized BJP on terrorism and said that it was the Congress which could fight with terror in a proper way. She questioned BJP’s ability to tackle terrorism and said,” During NDA rule terrorists attacked our Parliament and Kandhar plane hijack happened.” She criticized opposition for attacking Prime Minister Manmohan Singh and said that Mammohanji had all the abilities for the top job..
Huge misuse of public fund in Madhya Pradesh : Rahul Gandh
Congress General Secretary Rahul Gandhi while addressing a rally in Bhind(MP) , lashed out at state BJP government and said that the funds sent by Centre did not reach to the poor people of this region. He said that there had been huge misuse of public fund. Congress General Secretary said, “I can’t say how much money is misused, BJP is ruling here and they can say only as to how much fund they have looted.”...
He accused BJP for the backwardness of Bundelkhand. He said, “There is no development in Bundelkhand and population has migrated to other places.. There is no water and no roads. People of this region are wandering in Mumbai and Delhi for job but Shiv Sena people are threatening them.” He criticized BJP for not condemning the hooliganism of Shiv Sena and said, “Shiv Sena is attacking the people of UP, MP and Bihar while BJP has kept mum on this.”
Congress General Secretary said that his party has always worked for the poor, Dalits and the backwards. He said that UPA government had fulfilled the promises made to people. He cited NREGS and loan waiver for the farmers as example. He said, “UPA government carried out the largest Rural Employment Guarantee Programme and ensured hundred days employment for all.” He said that Mid-day meal for school going children was another big achievement of UPA government.
He criticized BJP on terrorism and said that during NDA rule terrorist attacked our Parliament. “Now they have forgotten what happened during their rule. A central minister was sent to escort terrorist to Kandhar, but now they say that our PM is weak,” he said.
Praising Prime Minister Manmohan Singh he said that it was the tremendous pressure of our PM that first time ever Pakistan has accepted our terms after Mumbai terror attack.
He sought the support of the people to vote for Congress so that it could serve the poor.
He accused BJP for the backwardness of Bundelkhand. He said, “There is no development in Bundelkhand and population has migrated to other places.. There is no water and no roads. People of this region are wandering in Mumbai and Delhi for job but Shiv Sena people are threatening them.” He criticized BJP for not condemning the hooliganism of Shiv Sena and said, “Shiv Sena is attacking the people of UP, MP and Bihar while BJP has kept mum on this.”
Congress General Secretary said that his party has always worked for the poor, Dalits and the backwards. He said that UPA government had fulfilled the promises made to people. He cited NREGS and loan waiver for the farmers as example. He said, “UPA government carried out the largest Rural Employment Guarantee Programme and ensured hundred days employment for all.” He said that Mid-day meal for school going children was another big achievement of UPA government.
He criticized BJP on terrorism and said that during NDA rule terrorist attacked our Parliament. “Now they have forgotten what happened during their rule. A central minister was sent to escort terrorist to Kandhar, but now they say that our PM is weak,” he said.
Praising Prime Minister Manmohan Singh he said that it was the tremendous pressure of our PM that first time ever Pakistan has accepted our terms after Mumbai terror attack.
He sought the support of the people to vote for Congress so that it could serve the poor.
Residents appeal for peace in Pakistani valley
Thousands of people rallied in Pakistan's Buner valley on Sunday to call on the government and the Taliban to avoid conflict as fears grew of an imminent military offensive in the northwest region.
The Taliban's creeping advance towards Islamabad -- Buner is just 100 km (60 miles) northwest of the Pakistani capital -- has heightened concern in the United States about stability of its nuclear-armed Muslim ally.
U.S. officials want Pakistan to take a stand rather than cede more territory to militants through policies of appeasement like the decision earlier this month to introduce Islamic law in a large chunk of North West Frontier Province. Emboldened after winning that concession, Taliban fighters moved into Buner from the neighbouring Swat valley, but their commander ordered some of them to withdraw on Friday, leaving behind only those fighters who hailed from Buner.
Western governments that need Pakistan's support to defeat al Qaeda and succeed in stabilising Afghanistan, dread the idea of any threat to the security of Pakistan's nuclear weapons.
"We can't even contemplate that," U.S. Secretary of State Hillary Clinton said in an interview with Fox News in Baghdad.
"We cannot ... let this go on any further. Which is why we're pushing so hard for the Pakistanis to come together around a strategy to take their country back."
CALL FOR RESTRAINT
People living on the frontline in Buner had another perspective.
They fear they will have to flee their homes if their valley becomes a battleground, and at a rally in Buner town called for the Taliban and government to show restraint.
"We appeal to the Taliban to stop shows of force and display of weapons, as there is no justification for it after enforcement of Nizam-e-Adl regulation," Mian Said Laiq, a politician, told the rally, referring to sharia, or Islamic law.
President Asif Ali Zardari last week reluctantly sanctioned the introduction of sharia in Malakand Division, which includes Swat and Buner, in the hope that it would help pacify the region.
On Saturday, 12 children were killed by a bomb hidden in a football in Lower Dir, part of Malakand Division, and Interior Ministry chief Rehman Malik on Sunday blamed the Taliban.
"The Taliban have exposed their real face by killing innocent children," Malik said.
During the rally in Buner, cleric Misbahuddin Malikpuri warned the government against deploying security forces if the Taliban committed to keeping the peace.
"If government sent troops to Buner despite the Taliban's commitment not to disturb peace, then we will be with the Taliban," he added.
Pakistan's allies want to see a coherent, decisive action by Pakistan, and Zardari may want to show some steel before talks in Washington with President Barack Obama and his Afghan counterpart Hamid Karzai on May 6-7.
Pakistani officials say they are trying to use political means to reduce the violence, but there are growing signs that the government is preparing to unleash the military
The Taliban's creeping advance towards Islamabad -- Buner is just 100 km (60 miles) northwest of the Pakistani capital -- has heightened concern in the United States about stability of its nuclear-armed Muslim ally.
U.S. officials want Pakistan to take a stand rather than cede more territory to militants through policies of appeasement like the decision earlier this month to introduce Islamic law in a large chunk of North West Frontier Province. Emboldened after winning that concession, Taliban fighters moved into Buner from the neighbouring Swat valley, but their commander ordered some of them to withdraw on Friday, leaving behind only those fighters who hailed from Buner.
Western governments that need Pakistan's support to defeat al Qaeda and succeed in stabilising Afghanistan, dread the idea of any threat to the security of Pakistan's nuclear weapons.
"We can't even contemplate that," U.S. Secretary of State Hillary Clinton said in an interview with Fox News in Baghdad.
"We cannot ... let this go on any further. Which is why we're pushing so hard for the Pakistanis to come together around a strategy to take their country back."
CALL FOR RESTRAINT
People living on the frontline in Buner had another perspective.
They fear they will have to flee their homes if their valley becomes a battleground, and at a rally in Buner town called for the Taliban and government to show restraint.
"We appeal to the Taliban to stop shows of force and display of weapons, as there is no justification for it after enforcement of Nizam-e-Adl regulation," Mian Said Laiq, a politician, told the rally, referring to sharia, or Islamic law.
President Asif Ali Zardari last week reluctantly sanctioned the introduction of sharia in Malakand Division, which includes Swat and Buner, in the hope that it would help pacify the region.
On Saturday, 12 children were killed by a bomb hidden in a football in Lower Dir, part of Malakand Division, and Interior Ministry chief Rehman Malik on Sunday blamed the Taliban.
"The Taliban have exposed their real face by killing innocent children," Malik said.
During the rally in Buner, cleric Misbahuddin Malikpuri warned the government against deploying security forces if the Taliban committed to keeping the peace.
"If government sent troops to Buner despite the Taliban's commitment not to disturb peace, then we will be with the Taliban," he added.
Pakistan's allies want to see a coherent, decisive action by Pakistan, and Zardari may want to show some steel before talks in Washington with President Barack Obama and his Afghan counterpart Hamid Karzai on May 6-7.
Pakistani officials say they are trying to use political means to reduce the violence, but there are growing signs that the government is preparing to unleash the military
Mexico flu sparks worldwide fear
Mexican authorities have taken drastic measures to contain a new strain of the swine flu virus that has killed 81 and prompted fears of a global pandemic.
People are being urged to stay at home and maintain strict personal hygiene. Many schools, public buildings, bars and restaurants have been closed.
Non-fatal cases have been confirmed in the US and are likely in New Zealand.
The World Health Organization (WHO) has confirmed that at least some of the cases are a new strain of the virus.
SWINE FLU
Swine flu is a respiratory disease found in pigs
Human cases usually occur in those who have contact with pigs
Human-to-human transmission is rare and such cases are closely monitored
Q&A: Swine flu
UK monitoring swine flu outbreak
H1N1 is the same strain that causes seasonal flu outbreaks in humans, but the newly detected version contains genetic material from versions of flu which usually affect pigs and birds.
The respiratory virus - which infects pigs but only sporadically humans - is spread mainly through coughs and sneezes.
The WHO has warned the virus has the potential to become a pandemic.
Suspected outbreaks
Although all of the deaths so far have been in Mexico, the flu is spreading in the United States and suspected cases have been detected elsewhere:
Eleven confirmed infections in the US
In addition, eight suspected cases are being investigated at a New York City high school where about 200 students fell mildly ill with flu-like symptoms
Ten New Zealand students are among a group which travelled to Mexico have tested positive for influenza A - making it "likely", though not definite, that they are infected with swine flu, said Health Minister Tony Ryall
In France, a top health official told Le Parisien newspaper there were unconfirmed suspicions that two individuals who had just returned from Mexico may be carrying the virus
But a UK hospital conducting tests for swine flu on a British Airways cabin crew member said the tests proved negative.
Mexico shutdown
The Mexican government, which has faced criticism for what some see as a slow reaction to this outbreak, is now taking an increasingly hard line to try to contain the virus, says the BBC's Stephen Gibbs in Mexico City.
Public buildings have been closed and hundreds of public events suspended.
It's eerily quiet here in the capital. Lots of people with masks
Schools in and around Mexico City have been closed until 6 May, and some 70% of bars and restaurants in the capital have been temporarily closed.
People are being strongly urged to avoid shaking hands, and the US embassy has advised visitors to the country to keep at least six feet (1.8m) from other people.
Mexico's Health Secretary, Jose Cordova, said a total of 1,324 people had been admitted to hospital with suspected symptoms since 13 April and were being tested for the virus.
PANDEMIC CRITERIA
Virus can infect people
It can easily spread person-to-person
No immunity in humans
"In that same period, 81 deaths were recorded probably linked to the virus but only in 20 cases we have the laboratory tests to confirm it," he said.
Mexico's President Felipe Calderon has announced emergency measures to deal with the situation.
They include powers to isolate individuals suspected of having the virus without fear of legal repercussions
People are being urged to stay at home and maintain strict personal hygiene. Many schools, public buildings, bars and restaurants have been closed.
Non-fatal cases have been confirmed in the US and are likely in New Zealand.
The World Health Organization (WHO) has confirmed that at least some of the cases are a new strain of the virus.
SWINE FLU
Swine flu is a respiratory disease found in pigs
Human cases usually occur in those who have contact with pigs
Human-to-human transmission is rare and such cases are closely monitored
Q&A: Swine flu
UK monitoring swine flu outbreak
H1N1 is the same strain that causes seasonal flu outbreaks in humans, but the newly detected version contains genetic material from versions of flu which usually affect pigs and birds.
The respiratory virus - which infects pigs but only sporadically humans - is spread mainly through coughs and sneezes.
The WHO has warned the virus has the potential to become a pandemic.
Suspected outbreaks
Although all of the deaths so far have been in Mexico, the flu is spreading in the United States and suspected cases have been detected elsewhere:
Eleven confirmed infections in the US
In addition, eight suspected cases are being investigated at a New York City high school where about 200 students fell mildly ill with flu-like symptoms
Ten New Zealand students are among a group which travelled to Mexico have tested positive for influenza A - making it "likely", though not definite, that they are infected with swine flu, said Health Minister Tony Ryall
In France, a top health official told Le Parisien newspaper there were unconfirmed suspicions that two individuals who had just returned from Mexico may be carrying the virus
But a UK hospital conducting tests for swine flu on a British Airways cabin crew member said the tests proved negative.
Mexico shutdown
The Mexican government, which has faced criticism for what some see as a slow reaction to this outbreak, is now taking an increasingly hard line to try to contain the virus, says the BBC's Stephen Gibbs in Mexico City.
Public buildings have been closed and hundreds of public events suspended.
It's eerily quiet here in the capital. Lots of people with masks
Schools in and around Mexico City have been closed until 6 May, and some 70% of bars and restaurants in the capital have been temporarily closed.
People are being strongly urged to avoid shaking hands, and the US embassy has advised visitors to the country to keep at least six feet (1.8m) from other people.
Mexico's Health Secretary, Jose Cordova, said a total of 1,324 people had been admitted to hospital with suspected symptoms since 13 April and were being tested for the virus.
PANDEMIC CRITERIA
Virus can infect people
It can easily spread person-to-person
No immunity in humans
"In that same period, 81 deaths were recorded probably linked to the virus but only in 20 cases we have the laboratory tests to confirm it," he said.
Mexico's President Felipe Calderon has announced emergency measures to deal with the situation.
They include powers to isolate individuals suspected of having the virus without fear of legal repercussions
Tamil Tiger rebels call ceasefire
Tamil Tiger rebels fighting government forces in north-east Sri Lanka have declared a unilateral ceasefire.
A Tamil Tiger spokesman told the BBC the move was due to what he called an unprecedented humanitarian crisis.
The Sri Lankan defence minister government told the BBC he dismissed the announcement, calling it a joke.
The rebels are surrounded by troops in a 12 sq km (5 sq m) area. The UN says more than 160,000 civilians have fled the area but 50,000 remain.
A Tamil Tiger spokesman told the BBC the move was due to what he called an unprecedented humanitarian crisis.
The Sri Lankan defence minister government told the BBC he dismissed the announcement, calling it a joke.
The rebels are surrounded by troops in a 12 sq km (5 sq m) area. The UN says more than 160,000 civilians have fled the area but 50,000 remain.
Saturday, April 25, 2009
Babri demolition a dead issue, says BJP
Dismissing the Babri Masjid demolition as a "dead issue", the Bharatiya Janata Party (BJP) on Saturday accused the Congress of raking up the matter to divert people's attention from real issues of economy, price rise, farmers' suicides, unemployment and terrorism.
"Congress is becoming jittery and they are all raising dead issues...Babri", senior BJP leader M Venkaiah Naidu told a press conference in Bangalore.
He said the real issues concern economy, price rise, farmers' suicides, unemployment and terrorism but neither Congress president Sonia Gandhi, nor Rahul Gandhi nor the Congress party had the "capacity" to talk about these issues.
Babri Masjid demolition is of no "consequence" for the people now, he said, adding, "nobody is worried about Babri (demolition) now. It's virtually a forgotten issue but for pseudo-secular political parties".
Naidu also sought to attack key regional parties, saying they raised the bogey of secularism whenever it suited them and noting that DMK, AIADMK, TDP, JDS, BJD, PMK and MDMK had joined hands with BJP in the past (and not in BJP-led NDA now).
He said the BJP wants to caution the people about the 'so-called secular' parties who had always raised the bogey of secularism and termed it a biggest fraud on the people. "To cover up corruption, Lalu Prasad talks of secularism", he said.
"Congress is becoming jittery and they are all raising dead issues...Babri", senior BJP leader M Venkaiah Naidu told a press conference in Bangalore.
He said the real issues concern economy, price rise, farmers' suicides, unemployment and terrorism but neither Congress president Sonia Gandhi, nor Rahul Gandhi nor the Congress party had the "capacity" to talk about these issues.
Babri Masjid demolition is of no "consequence" for the people now, he said, adding, "nobody is worried about Babri (demolition) now. It's virtually a forgotten issue but for pseudo-secular political parties".
Naidu also sought to attack key regional parties, saying they raised the bogey of secularism whenever it suited them and noting that DMK, AIADMK, TDP, JDS, BJD, PMK and MDMK had joined hands with BJP in the past (and not in BJP-led NDA now).
He said the BJP wants to caution the people about the 'so-called secular' parties who had always raised the bogey of secularism and termed it a biggest fraud on the people. "To cover up corruption, Lalu Prasad talks of secularism", he said.
Subscribe to:
Posts (Atom)