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    IMF Calls For Structural Reforms To Achieve Global Growth

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    Structural reforms matter for growth, and the benefits of these reforms tend to increase when they are bundled together, a new International Monetary Fund (IMF) study finds. According to the study, a copy which was made available to our correspondent in New York yesterday, noted the potential payoff from different types of reforms varies across…

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  • Malnourished children sit on a bed at Banadir Hospital,  in Mogadishu, Somalia, Wednesday, May 7, 2014. Aid groups in Somalia are warning that seasonal rains are failing and mass hunger could again descend on the country. The U.N.'s food and security unit says 51,000 children are severely malnourished and are at high risk of death. Aid groups said Wednesday that despite such a grim number only 12 per cent of the needed aid funds in 2014 have been met. Aid groups say an additional (Canadian) $822 million is needed. (AP Photo/Farah Abdi Warsameh)

    600m People To Suffer Malnutrition By 2080 – UN

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    The United Nations yesterday warned that an additional 600 million people could be subjected to malnutrition by 2080 as a result of the severe threats posed to food security by climate change. Making this warning in a press release made available to our correspondent in New York, Hilal Elver, the UN Special Rapporteur on the…

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    600m People To Suffer Malnutrition By 2080 – UN

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    The United Nations on Wednesday warned that an additional 600 million people could be subjected to malnutrition by 2080 as a result of thesevere threats posed to food security by climate change. Making this warning in a press release made available to ourcorrespondent in New York, Hilal Elver, the UN Special Rapporteur on the right…

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    Nigeria, US, Others Urge Middle East Leaders To Take Public Stand Against Extremism

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    The governments of Nigeria, the United States and others have urged leaders of both Israel and Palestine to urgently take a public stand against extremism, saying the surge in violence was deeply troubling.   Addressing the United Nations Security Council’s briefing on the situation in the Middle East on Friday, the Nigerian Permanent Representative to…

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    World Bank Lowers Forecasts For Global Oil Prices

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    The World Bank in its latest commodity update yesterday lowered its 2015 forecast for crude oil prices from $57 per barrel in its July report to $52 per barrel. The revised forecast reflects a further slowing in global economic performance, high current oil inventories, and expectations that Iranian oil exports would rise after the lifting…

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    World Bank Lowers Forecasts For Global Oil Prices

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    The World Bank in its latest commodity update yesterday lowered its 2015 forecast for crude oil prices from $57 per barrel in its July report to $52 per barrel. The revised forecast reflects a further slowing in global economic performance, high current oil inventories, and expectations that Iranian oil exports would rise after the lifting…

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    US: Nigerian Government Ineffective In Preventing Violence

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    The United States government on Wednesday evening said that the federal government of Nigeria is ineffective in preventing or quelling violence in the country, adding that the government often expresses along religious lines, or in protecting victims of violent attacks targeted because of theirreligious beliefs. These were contained in the latest United States International Religious…

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    World Bank Increases Climate Financing To $29 Bn

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    The World Bank Group has announced it will increase climate financing to potentially $29 billion annually with the support of its members, giving a huge boost to global efforts to help countries tackle the impacts of climate change and move toward low-carbon growth. This was disclosed on Saturday in a press release by the Group’s…

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