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23 June 2009 |
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Financial industry received almost 10x more in bailout money in past year than poor countries in aid over past 49 years
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The United Nations Millennium Campaign today released an analysis showing that since the inception of aid (overseas development assistance) almost 50 years ago, donor countries have given some $2 trillion in aid. And yet over the past year, $18 trillion has been found globally to bail out banks and other financial institutions. The amount of total aid over the past 49 years represents just eleven percent of the money found for financial institutions in one year.
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23 June 2009 |
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UN adopts Loren s debt swap proposal
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GENEVA, SWITZERLAND - Developing countries may soon be able to swap their debts for commitments and interventions to reduce disaster risks as recommended by Senator Loren Legarda.
Senator Loren Legarda's motion to espouse a "debt-for-disaster risk reduction (DRR) investments swap" was unanimously adopted at the Parliamentarian Meeting at the Second Session on Disaster Risk Reduction held here last week.
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23 June 2009 |
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Spain offers aid as alternative option to youth migration
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The Spanish government will be funding a US $6 million program that aims to help the Philippines achieve the United Nations Millennium Development Goals (MDG) by providing the Filipino youth with an alternative option to migration in the next three years focusing on areas with the highest incidence of poor young Filipinos and the lowest rates of school enrollment.
"We're trying to encourage the youth to stay where they are most needed," Spanish Ambassador to the Philippines Luis Arias Romero said.
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18 June 2009 |
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10 Days of Action: Countdown to Commitments |
The effects of the financial and economic crises have a very real human face as they threaten to wipe away much of the progress made in developing counties toward achieving the Millennium Development Goals (MDGs), a historic effort to end extreme poverty and hunger, improve access to education and health care, empower women, protect the environment, and create a partnership between rich and poor countries to achieve these goals by 2015.
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18 June 2009 |
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10 Days of Action: Countdown to Commitments |
Education is a fundamental human right, to be guaranteed and respected at all times. Education for all and throughout life is fundamental for ensuring justice, reducing poverty, promoting peace, democracy, gender equity and environmental awareness. None of the international development goals can be achieved without education.
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18 June 2009 |
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Maternal deaths spell rich-poor |
THE number of mothers dying provides a glimpse of the wide disparity between the rich and the poor as there are almost 5,000 percent more women dying in developing countries than in more advanced economies, the United Nations Population Fund (UNFPA) said.
"No indicator distinguishes a developing country from a developed counterpart as maternal mortality ratio (MMR). The figures are a glaring proof of the huge divide or disparities between the health status of the rich and the poor," said UNFPA Representative Suneeta Mukherjee.
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17 June 2009 |
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RP's under-5 and infant mortality rate declines |
The country's under-five and infant mortality rate significantly declined over the past several years, the National Statistics Office (NSO) said yesterday.
Preliminary results from the 2008 National Demographic Health Survey (NDHS) showed that there was a significant decline in infant mortality rate IMR from 35 1 percent in 1998 to 24 9 percent in 2008. Infant mortality rate in the country declined from 35 infant deaths per 1,000 live births in the period 1993 to 1997 to 25 deaths per 1 000 live births in 2003 to 2007, NSO administrator Carmelita Ericta told a media forum in Quezon City.
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10 June 2009 |
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UNICEF statement on the loss of Perseveranda So in the Peshawar blast |
UNICEF today released a statement by the Executive Director as well as the Phillipines country representative for UNICEF on the tragic death of Perseveranda So.
The following is attributable to Ann M. Veneman, UNICEF Executive Director:
"UNICEF is greatly saddened by the death of a much-loved colleague, Perseveranda So, as a result of the bombing of the Pearl Continental Hotel in Peshawar today.
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21 April 2009 |
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RP delayed in meeting MDG targets |
The Philippines' compliance with Millennium Development Goals (MDG) targets would be delayed as a result of the global financial crisis, National Economic and Development Authority Director General Ralph Recto said Monday.
"It's possible because in the case of the Philippines, we are allocating resources particularly for the important need to invest more in hard infrastructure and human infrastructure," Recto told reporters on the sidelines of the Asia-Europe Meeting (Asem) at the Mandarin Hotel in Makati City.
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