World wide
World wide
World economy sees ray of hope as Rishi Sunak becomes UK PM
International Desk: Rishi Sunak became Britain’s third prime minister of the year yesterday and now must turn his attention to taming an economic crisis that has left the country’s finances in a precarious state and millions of Britons struggling to afford food and energy bills.Sunak, the U.K.’s first leader of…
Read More »Human rights violated as consequence of climate change
UN expert Industry Desk: UN Special Rapporteur on the promotion and protection of human rights in the context of climate change, Ian Fry, has said throughout the world, human rights are being negatively impacted and violated as a consequence of climate change. This includes the right to life, health, food,…
Read More »IMF team arrives Oct 26 for 10-day visit to discuss $4.5 b loan
Industry Desk: The Ministry of Finance yesterday said a team from the International Monetary Fund (IMF) will arrive in Bangladesh on October 26 to discuss the terms of a $4.5 billion loan to Bangladesh.The IMF team will stay in Dhaka for 10 days and will hold meetings with government officials…
Read More »Dhaka urges Washington to conclude extradition treaty
Staff Correspondent: Dhaka has urged Washington to finalize the extradition treaty between Bangladesh and the USA as early as possible to ease the process of deportation of Bangabandhu’s convicted killer Rashed Chowdhury to Bangladesh.The appeal was made during a bilateral meeting between Bangladesh state minister for foreign affairs Md. Shahriar…
Read More »World facing 5th wave of debt crisis: WB Chief
Industry Desk: The world is facing a “fifth wave of debt crisis,” World Bank President David Malpass warned Friday, calling for more support for countries in distress.The pandemic forced many countries to take on more borrowing, and the World Bank and International Monetary Fund have warned that many are already…
Read More »US wants peaceful polls, better HR record in BD
Staff Correspondent: Bangladesh has sought US support for LDC graduation, climate change and extradition of a Bangabandhu killerUS Deputy Secretary of State Wendy Sherman has reaffirmed the importance of upholding human rights and holding “free, fair, and peaceful” national elections in Bangladesh.The statement by Sherman came as she met with…
Read More »Refinery modernization can reduce fuel oil price
Mahfuz Emran: The price of fuel oil is now the highest in the history of Bangladesh. Due to the Russia-Ukraine war, the price of fuel oil in Bangladesh has increased by more than 40 percent. Alternative sources continue to be sought after the crisis. But the bottleneck there is the…
Read More »PM attends Biden’s reception
Industry Desk: Prime Minister Sheikh Hasina joined a reception here hosted by US President Joe Biden.The US president along with his wife hosted the event this evening at the American Museum of Natural History in honour of heads of the state and heads of the government who came to New…
Read More »Bangladesh yet to allow Rupee in foreign trade: BB
Staff Correspondent: Bangladeshi businesses won’t be able to use Indian Rupee for foreign trade as Bangladesh Bank (BB) is yet to enlist Rupee to settle letters of credit (LC).BB spokesperson and executive director Md Serajul Islam said that the central bank is yet enlisted Rupee for foreign trade.He said that…
Read More »Gold prices down further
Staff Correspondent: Bangladesh Jewellers Samity (BAJUS) has again reduced the price of gold in the country’s market in a span of four days. The price of good quality gold has been reduced by Tk 933, as a result, the price of 22-carat gold will decrease to Tk 82,348 – which…
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