Archive for March, 2008

Stamping Down On Unnecessary Tax Exemptions

Monday, March 31st, 2008

The Coalition for National Unity and Rural Advancement (CNURA) government will stamp down on irrelevant tax and duty exemptions as one of its crucial steps to increase government revenue collection in 2008.
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Lehman to raise $3 billion capital

Monday, March 31st, 2008

NEW YORK (Reuters) - Lehman Brothers Holdings Inc, an investment bank beset by rumors of not having enough funding, said it plans to raise $3 billion of capital.

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10K Afghans Returned Home From Pakistan In March

Monday, March 31st, 2008

Since the start of a new repatriation season almost one month ago, some 10,000 Afghans have returned to their homeland from neighbouring Pakistan, the United Nation refugee agency reported today.
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Solomon Is. Govt Approves Caregivers Study

Monday, March 31st, 2008

The Pacific Islands Forum Secretariat is to develop a caregiver training programme for Solomon Islands as a pilot scheme on Temporary Labour Mobility after the Government in Honiara approved a pre-feasibility study done on the programme.
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World Waiting For Climate Change Solution

Monday, March 31st, 2008

People are hoping for a solution which is “based on the principle of common but differentiated responsibilities” and “strikes the delicate balance between globally inclusive action and the need to eradicate poverty,” Mr. Ban said in a video message.
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Climate Change Vs. Development Efforts Of Poor

Monday, March 31st, 2008

Climate change is among a host of new challenges that is making it increasingly difficult for the world’s poorest people to escape from poverty and hunger, the head of the United Nations International Fund for Agricultural Development (IFAD) said today.
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Lehman slides after capital plan

Monday, March 31st, 2008

NEW YORK (Reuters) - Shares of Lehman Brothers Holdings Inc dropped more than 5 percent to $35.26 after the bell on Monday as the Wall Street bank announced a plan to raise as much as $3 billion via the issuance of convertible preferred stock to bolster its balance sheet.

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DR Congo: Security Council Extends Arms Embargo

Monday, March 31st, 2008

The United Nations Security Council today extended until the end of the year its arms embargo and other sanctions meant to keep weapons out of the hands of militias in the Democratic Republic of the Congo (DRC).
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Ban Ki-moon Envisions ‘African Century’

Monday, March 31st, 2008

Marking the fiftieth anniversary of the United Nations Economic Commission for Africa (ECA), Secretary-General Ban Ki-moon today called for accelerated efforts to reach international development goals to usher in a century of flourishing on the continent.
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Treasury spells out regulatory overhaul plan

Monday, March 31st, 2008

WASHINGTON (Reuters) - Treasury Secretary Henry Paulson revealed sweeping plans on Monday for streamlining a hodgepodge of regulations that are blamed for allowing the U.S. mortgage crisis to balloon into a full-blown economic threat.

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