Denmark

UN Climate Conference Gets Underway
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.

To read the article titled, “UN climate conference opens,” click here.

Related article:

United Nations Climate Change Conference / COP15 - Follow Conference Online

Source:

News24
Zim Economy Shows Signs of Recovery – IMF
- debt relief
- Denmark
- IMF
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.

Kramarenko says that public finances have benefited from the recovery in economic activity and consumption, and the government matched expenditure to revenue during January to May 2009.

To read the article titled, “Zim economy shows signs of recovery, says IMF,” click here.

Source:

<br /> Mail and Guardian

Article link:

http://www.mg.co.za/article/2009-07-03-zim-economy-shows-signs-of-recovery-says-...