Briefing 09-09-2022

Stocks take a breather after bumpy ride

Stocks extended the gaining streak for the third straight session Thursday amid high volatility as some of the investors booked profit from the recent price surge. The market swung between gains and losses before closing marginally higher although prices of most the traded shares closed in the red. Page 9

Covid pushes development 5 yrs back: UN

A United Nations report published Thursday argues that an unprecedented array of crises, chiefly among them Covid-19, has set human progress back five years and fueled a global wave of uncertainty. The UN Development Program (UNDP) announced that for the first time since it was created over 30 years ago, the Human Development Index has declined for two years straight, in 2020 and 2021. Page 17

Tigers to play two T20 WC warm-ups

Bangladesh national men's cricket team will play two T20 warm-up matches with Afghanistan and South Africa on October 17 and 19, ahead of the ICC Men's T20 World Cup 2022 in Australia, report agencies. International Cricket Council (ICC) have announced the warm-up fixtures for all 16 teams. Page 15

Deal to reduce fire risk in EZs

Bangladesh Economic Zones Authority (BEZA) on Thursday signed a memorandum of understanding (MoU) with the Bangladesh Fire Service and Civil Defence (BFSCD) to reduce the risk of fire accidents in the economic zones. The agreement also aims to deal with any type of fire accident, to ensure a safe working environment and to conduct rescue operations in the event of fire. Page 20