World wide
World wide
US$ losing dominance in international business
Mahfuja Mukul: The dominance of the dollar in world trade transactions is waning. The dollar’s share of global reserves is also declining. As the value of the dollar rose sharply, import costs and external liabilities of many countries increased. In this situation, many countries are now trying to use alternative…
Read More »Record-breaking heat bakes US, Europe, China
Industry Desk: Summer has just begun in the NorthernHemisphere but a brutal heat wave is already gripping parts of Europe, Chinaand the United States, where record temperatures expected this weekend are astark illustration of the dangers of a warming climate. Extreme heat advisories have been issued for more than 100…
Read More »EU encourages fair peaceful inclusive election: Whiteley
ExM passes busy day through holding discussions Diplomatic Correspondent: The visiting Election Exploratory Mission (ExM) from the European Union (EU) on Monday had passed a busy time by holding a series of meetings with political parties, civil society groups and security forces.Meanwhile, talkingreporters European Union (EU) Ambassador to Dhaka Charles…
Read More »Bangladesh promotes meaningful women participation in UN peacekeeping: FS
Industry Desk: Foreign Secretary Masud Bin Momen yesterday said Bangladesh recognises the invaluable contributions of women peacekeepers while it is committed to promoting their meaningful participation in peacekeeping operations at all levels.“Aligning with the UN’s “Uniformed Gender Parity Strategy”, we have taken initiatives to increase the number of women peacekeepers,”…
Read More »Dhaka to bring major changes in traffic mgt
JICA will pay funding Mahfuz Emran: The capital Dhaka is the most populous and busiest city in the country. Traffic management in this city is more complicated than many other places. Traffic jams and traffic mismanagement of the streets of Dhaka. Dhaka Metropolitan Police (DMP) wants to bring a big…
Read More »59 migrants died boat capsizes in Greece coast
International Desk: At least 59 migrants drowned early yesterday when their boat capsized and sank off Greece, the country’s coastguard said.One hundred people were rescued, but it remained unclear how many were on board when the vessel went under, authorities said. The shipwreck was the deadliest off Greece this year.Along…
Read More »$481m trafficked annually from Bangladesh: UNCTAD
Industry Desk: An annual average of $481 million or some Tk5,147 core in drug money are trafficked from Bangladesh between 2017 and 2021, said a recent report by United Nations Conference on Trade and Development (UNCTAD).“Drug trafficking is estimated to have generated an annual average of $481 million in outward…
Read More »World’s oil map redrawn by rising Russian flows to Asia
International Desk: The global oil map is being redrawn as the long-run impact of western sanctions channels more barrels from Russia to Asia’s largest economies, with China also taking crude from Iran and Venezuela.China and India took more than 30% of their combined imports from the three states in April,…
Read More »Foreign jobs drop 28pc in April
Industry Desk: Complications in the hiring process in both source and destination countries have slowed the overseas employment of Bangladeshi workers.According to data from the Bureau of Manpower, Employment and Training (BMET), the outflow of migration from Bangladesh dropped by around 28% in April this year compared to the previous…
Read More »Next 5-years set to be hottest period ever: UN
International Desk: It is near-certain that 2023-2027 will be the warmest five-year period ever recorded, the United Nations warned yesterday as greenhouse gases and El Nino combine to send temperatures soaring.Global temperatures are soon set to exceed the more ambitious target set out in the Paris climate accords, with a…
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