Tag: Brian

Yearend UN snapshot shows AsiaPacific leading global economic recovery

However, the Economic and Social Survey of Asia and the Pacific 2009: Year-end Update also found that considerable uncertainties remain about the extent and durability of the recovery. Published by the UN Economic and Social Commission for Asia and the Pacific (ESCAP), the report said that the region’s recovery depends very much on external factors. Key to the region’s exports, for example, will be the recovery of demand in developed countries.According to the report, which examines progress since the launch of ESCAP’s flagship publication in March, China is forecast to experience the fastest growth in 2010, of 9 per cent, driven by public and private investment. The domestic-demand led economies of India and Indonesia are also forecast to grow fast, at 7.5 per cent and 5 per cent respectively, driven by domestic consumption and investment, it added.Also, major export-led economies are expected to experience substantial growth recovery next year, although not to the levels seen before the crisis: Singapore (3.5 per cent), the Philippines (3.5 per cent), Taiwan Province of China (3.5 per cent), Thailand (3 per cent), and Malaysia (2.5 per cent).The report added that it is too early to withdraw existing supportive policies, and encouraged greater intra-regional cooperation to improve the ability of countries to better weather such crises in the future. “The aftermath of the crisis has revealed the shifting axis of global growth to within the region and the need to devise regional supporting mechanisms through greater macroeconomic, trade and investment integration,” said Nagesh Kumar, ESCAP’s Chief Economist.“Asia and the Pacific also must take a leading role commensurate with its importance in the global economy in discussions on reforming the international institutional and regulatory architecture,” he added. 30 November 2009A year-end update released today by the United Nations regional arm in Asia and the Pacific shows that the region is leading the global economic recovery, with the growth rate in 2010 forecast at 6.3 per cent – the highest in the world. read more

7year old standard bearer to march in Remembrance Day parade

“She has grown up with it. She will ask us ‘what forces were you in’ and we will say ‘Navy and Army’. We always go to the Remembrance service.”Mr Stonelake added: “It is great to see her on parade.”The Military Kids Club was set up in 2010 to provide a club for the children of service personnel to share experiences. From an original group of 40 children spread across five schools in Plymouth, the club now has over 10,000 members in 163 schools, including one in the Falkland Islands and one in California, catering for the children of British pilots training on the new F-35 stealth fighter.  Colin Prideaux, branch chairman of Royal British Legion’s Torpoint & District Branch, said of the children taking part in Remembrance celebrations: “They are our future – literally our future.”It is absolutely fantastic when you see them. Their enthusiasm is unbelievable. The First World War generation made sacrifices for everyone, the new generation and the old.”Mr Prideaux, 74, served as a captain in the King’s Shropshire Light Infantry in the 1960s and 1970s.Susanne Archard, the Royal British Legion’s area manager for Devon and Cornwall said: “We hope that others, both old and young, will follow in Mollie’s footsteps and take a moment to reflect and say thank you to all those who have sacrificed in service of our country.” The seven-year-old daughter of a wounded veteran will carry a specially-made miniature standard on Remembrance Day.Mollie Stonelake went on her first parade aged five and will be taking part in a service on Sunday in her home town of Torpoint in Cornwall. She last carried the standard in May during a ceremony to rededicate the Royal British Legion’s Torpoint & District Branch’s full-size standard.Mollie, a pupil at Torpoint Nursery and Infant School where children take it in turns to carry the miniature standard at local remembrance-themed events, is a member of the Military Kids Club (MKC).They carry a third-sized standard bearing the name MKC Heroes, after the organisation that helps support the children of servicemen and women and their relatives. Mollie Stonelake carrying a specially-made miniature standard at a military parade in her home county of Cornwall.Credit: Royal British Legion/PA Mollie’s father, Mark Stonelake, 34, was serving as a gunner in 29 Commando Regiment, Royal Artillery, when he suffered serious injuries in a roadside bomb blast in Afghanistan December 2008. His left leg had to be amputated. Donna Stonelake, 32, Mollie’s mother, is a former Royal Navy Able Rating and served on HMS Montrose as a Communicator.”She loves it,” Mrs Stonelake, also mother to Grace, nine, and three-year-old Olivia, said.”She is quite quiet so it is nice to see her doing a front role. There is a lot of pride when we see her. Want the best of The Telegraph direct to your email and WhatsApp? Sign up to our free twice-daily  Front Page newsletter and new  audio briefings. Mollie Stonelake carrying a specially-made miniature standard at a military parade in her home county of Cornwall. read more