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BBC news with Sue Montgomery
The Asian Development Bank has warned that the crisis caused by rising food prices is so serious that it could reverse the gains made in reducing poverty across the continent. The warning came from Bank’s president Haruhiko Kuroda at the start of its annual conference in Madrid. He suggested that reducing oil subsidies might be one way of fighting for money to help alleviate poverty. “75% of expenditure of the poor will be affected by price inflation. You can imagine how big the impact is likely to be on those poor people. Now many developing countries in Asia as well as other part of the world have oil subsidies and this is not a very effective way to help the poor people.
A meeting of the opposition movement for democratic change in Zimbabwe has ended without deciding if its leader Morgan Tsvangirai should take part in run-off election against the country’s president Robert Mugabe. The electoral commission announced in Friday that Mr. Tsvangirai had not won enough votes in March’s election to avoid a run-off. Martin Plaut reports
“Delegation from the MDC is to visit South Africa to consult Mr Tsvangirai before tasking a final decision on whether to participate in the run-off. The opposition is angry that the second round is being held at all claiming Mr. Tsvangirai won the election outright. But with the political violence of the last month, it would be difficult to hold any kind of legitimate vote. The opposition looks to outside intervention to try to improve the political climate but the government has had its concerns as well claiming the Britain and The United States have been bankrolling the opposition.
The American Secretary of State Condoleezza Rice has begun a new mission to the Middle East to discuss the continuing peace efforts towards establishing a Palestinian State. Shortly after arriving in Jerusalem, she talks with the Israel Prime Minister Ehud Olmert. Kim Ghattas reports from Jerusalem. “The US Secretary of State said she would press the Israelis to refrain from undermining the Palestinian authority and security forces with incursions into areas of the West Bank that are under Palestinian control. While there is no talk of direct press on Israel on the issue of settlement activity, it will be raised. Doctor Rice said it was not about putting press but about working through the problems.
The soft ware giant Microsoft has withdrawn its offer for the internet services company Yahoo because the two can not agree on the price. The proposal deal failed through because Yahoo wanted more than the amount that Microsoft was willing to offer. Microsoft said that it haddegrades its offer to 33 dollars a share but Yahoo wanted 37 dollars a share. Microsoft said the economics demanded by Yahoo did not make sense for the company and it had therefore withdrawn its offer.
World News from the BBC.
Representatives of the exile Tibetan leader the DA LAI LA MA have arrived in South China to meet government representatives for the first since violent anti-Chinese protest erupted in Tibet in March. Chinese reaction to the protest brought wide spread condemnation at the time. The two sides will meet in the southern city of Shen Zhen.
The US presidential hopeful Barack Obama had narrowly won the latest contest with his rival Hillary Clinton for the democratic nomination. He defeated his rival by just seven votes in the remote pacific territory of Guam. Mr Obama is ahead of MS. Clinton in the overall count of delegates.
At least 18 prisoners have been in the fight at a jail in Honduras. It happened when a group of inmates who had been transferred from another jail were set upon by inmates with knifes and guns. Police were called in to help restore order. The violence has blamed on overcrowding and gang rivalry among prisoners. From Miami, Warren Bull.
Violence is not uncommon in the overcrowded presence of Honduras where just in the streets gangs known as Maras try to gain control. Human rights organizations believe one answer will be to speed up the sentencing of remote prisoners which was cut over overcrowding in the jails. But Honduras is a poor country with limited resources and then a concerted attempt to tackle the endemic violence both inside and outside the prison system could take decades to bear results.
It is the thirtieth anniversary of a computer phenomenon that has become the bane of tens of millions of computer users worldwide. The 3rd of May 1978 what’s considered to be the very first unsolicited spam email was sent. The sender was a marketer for a now defunct American computer company and it reached an early round of 400 recipients, since then, spamming has become highly sophisticated. It can slow down or crash computers across continents.
BBC news