The first Millennium Ecosystem Assessment report, released in March, warned that approximately 60 percent of the ecosystem supporting life on Earth was being degraded or used unsustainably and that the consequences of degradation could grow significantly worse in the next half century.

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They contend that, pursuant to agreed Millennium Development Goals contained in the Report of the International Conference on Financing for Development (dubbed the "the Monterrey Consensus"), the United States and other developed nations are obliged to provide 0.7 percent of their gross national income in foreign aid (also known as Official Development Assistance or ODA).

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General Assembly is scheduled to hold a high-level plenary meeting to consider the implementation of "Millennium Development Goals" contained in the report of the U.N.

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The report warns climate change threatens all eight of the Millennium Development Goals-- a set of goals agreed on by leading nations in 2000 that aim to reduce extreme poverty by 2015.

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The commission is said to be having difficulty reaching a view, and is not expected to report until December 31st, when its recommendations will be crowded out by millennium fireworks.

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The Broadband Commission Report emphasized the importance of broadband as a means of accelerating progress towards the Millennium Development Goal of Universal Primary Education and the Education for All goals.

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The government's vision of more terraced housing, apartments and loft conversions is lifted straight from a recent report on urban renewal by Lord Rogers of Riverside, the architect of the Millennium Dome and the Pompidou Centre in Paris.

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The Treasury committee report said an environment of low interest rates in the early years of the millennium had spawned the growth of complex investments, as US sub-prime mortgages - those given to the riskiest borrowers - were repackaged and sold on around the world.

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