Denmark

The largest and most important United Nations climate change conference in history is underway in Copenhagen, Denmark.

Conference president, Connie Hedegaard, says the key to an agreement is finding a way to raise and channel public and private financing to poor countries for years to come to help them fight the effects of climate change.

In the same vein, diplomats from 192 nations have warned that this could be the best, last chance for a deal to protect the world from calamitous global warming.

Improved economic policies in Zimbabwe have led to a "nascent" recovery in the economy. This is according to the International Monetary Fund (IMF).

The IMF, however, is of the view that the country must clear more than US$1.1 billion in arrears to creditors before it can qualify for IMF financial aid.

IMF mission chief to Zimbabwe, Vitaliy Kramarenko, noted that Zimbabwe will need to pay its arrears to the IMF, World Bank and African Development Bank, in order to get help from the donors.