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2014-11-07 00:00:00

Virtual banking to promote financial inclusion

Shah Md Ahsan Habib | 2014-11-07 00:00:00

In the context of most developing countries, financial access and inclusion is a critical area to address. According to the World Bank's recent report, globally 50 per cent adult population (about 2.5 billion) does not have any transaction with formal...

Effects of blockade on livelihoods of the poor

S M Alauddin | 2014-11-07 00:00:00

Since the independence of the country, Bangladesh never experienced political unrest like the prolonged blockade (70 days) during October-December 2013 that traumatised the entire nation, affected social, economic and all other aspects of life with severe negative effects on the...

American voters snub Obama: Republicans now control Congress

Jason Lange of Reuters in Washington | 2014-11-07 00:00:00

America's underperforming economy has been an albatross for President Barack Obama since he took office in 2009 and likely did his Democratic party few favours in midterm elections on Tuesday (November 04) -  but it may not have been the...

Problem of long-term financing

2014-11-07 00:00:00

Long- and medium-term financing has been a problem for businesses and households for long.  Medium-term loans are available but in a limited volume. But the long-term ones are scarce. Businesses and households do remain contented with financing arrangements, having a...

Taking on black money holders

Nilratan Halder | 2014-11-07 00:00:00

In a move unprecedented in Indian and perhaps in any country's history, Narendra Modi's government in India submitted names of 627 black money holders to the country's Supreme Court (SC) in a sealed cover on Tuesday. This followed the earlier...

Role of insulin in making breast milk

Fahmida Hashem | 2014-11-07 00:00:00

Scientists have discovered a link between insulin and breast milk production. Mothers who have low levels of insulin may also have trouble producing enough milk. This will be of interest and concern for mothers with diabetes, of course. However, it...

Bus services

2014-11-07 00:00:00

My niece was travelling alone by bus from Bagerhat to Dhaka a few days after Eid-ul-Azha. The bus left for Dhaka at around 9.00 AM. Usually the bus is expected to reach Dhaka before sunset so that the passengers can...

Elusive city lights

2014-11-07 00:00:00

Of late it has become a routine affair on the part of the electricity authorities in the capital. The two Dhaka City Corporation bodies should have a say in the matter. I am talking about the semi-darkened streets that people...

Adamjee Jute Mills after its closure

2014-11-07 00:00:00

The massive Adamjee Jute Mills in Narayanganj remains shut down. It was closed down quite a long time back. The closure followed the then government's divestiture drive. The sharp fall in the global demand for jute and jute products also...

Challenges and opportunities for Bangladesh in regional diplomacy

Jafar Ahmed Chowdhury | 2014-11-07 00:00:00

The foreign policy of a country is a part of total governmental policy. The government of Prime Minister Sheikh Hasina appears to give priority on the acceptability of her government abroad following questionable parliamentary election of January 05, 2014. Some...

Making the world a better place for children

S. M. Rayhanul Islam | 2014-11-07 00:00:00

25 Years of the Convention on the Rights of the Child: Is the world a better place for children? Published by UNICEF ISBN: 978-92-806-4765-5; September 2014, 122 page The Convention on the Rights of the Child (CRC) articulates, for the...

Libya chaos deepens as SC invalidates parliament

2014-11-07 00:00:00

TRIPOLI, Nov 6 (BSS/AFP):  Libya's Supreme Court invalidated the country's internationally recognised parliament on Thursday, setting the stage for more political chaos in the violence-wracked nation. The court's ruling, which cannot be appealed, prompted celebratory gunfire in the capital Tripoli,...

NATO chief vows no loss of gains in Afghanistan

2014-11-07 00:00:00

KABUL, Nov 6 (Reuters):  NATO Secretary General Jens Stoltenberg on Thursday reaffirmed the alliance's commitment to stabilising Afghanistan and ensuring that the gains made are preserved after the foreign combat mission ends in 2014. Afghan security forces have been largely...

Burkina talks agree one-year transition, polls in Nov 2015

2014-11-07 00:00:00

OUAGADOUGOU, Nov 6 (BSS/AFP): Burkina Faso's army, politicians and civil society leaders agreed to a one-year political transition with elections in November 2015 following highly charged crisis talks on Wednesday. The talks, mediated by three west African presidents and also...

Pakistani police officer axes man to death over blasphemy

2014-11-07 00:00:00

LAHORE, Pakistan, Nov 6 (Reuters):  A policeman in Pakistan hacked a man to death for allegedly making derogatory remarks about the companions of the Prophet Muhammad, police said, just two days after a Christian couple was lynched over blasphemy in...

Ukraine imposes passport controls around rebel area

2014-11-07 00:00:00

KIEV, Nov 6 (AFP/BSS):  Ukraine announced Thursday that anyone crossing in or out of areas controlled by pro-Russian separatists in the east of the country will have to show a passport. The rule, announced by the border guards service, was...

news digest

2014-11-07 00:00:00

Russia's arms export contracts exceed $7.5b MOSCOW, Nov. 6: Russia has secured at least 7.5 billion US dollars in arms contracts with foreign customers since the beginning of 2014, President Vladimir Putin said yesterday. "This year Russia's arms producers have...

Pakistan imposes 20pc import duty on wheat

2014-11-07 00:00:00

ISLAMABAD, Nov 6 (Reuters): Pakistan has imposed a 20 per cent import duty on wheat to prop up domestic producers, the finance ministry said on Wednesday. "The 20 per cent regulatory duty has been imposed to promote local crops. The...

World food price decline slows in October: FAO

2014-11-07 00:00:00

ROME, Nov 6 (Reuters): World food prices edged lower in October, after a series of sharp declines, as prices of oils and sugar rose while dairy and meat prices fell, the UN's food agency said on Thursday. The Food and...

Gold edges off four-year low as dollar eases

2014-11-07 00:00:00

LONDON, Nov 6 (Reuters): Gold edged higher on Thursday as a retreat in the dollar took some pressure off the precious metal after its slump to four-year lows, but prices remained rangebound ahead of a European Central Bank meeting later...

India defies the world in food-stockpiling row

Manoj Kumar and Tom Miles of Reuters from New Delhi/Geneva | 2014-11-07 00:00:00

India defied the world this week in a row over food stockpiling that has crippled attempts to reach a global trade agreement, raising doubts that backroom talks can reach a compromise before a Group of 20 summit this month. At...

Hiding under corpses: Iraqi tribesmen recount escape from Islamic State

Saif Hameed of Reuters from Baghdad | 2014-11-07 00:00:00

Muhammed Hilal and about 100 other members of Iraq's Albu Nimr tribe felt safe hiding from Islamic State militants in tall grass -- until the headlights of dozens of cars exposed them. "We know you are there, traitors," militants shouted,...

Lankan president seeks Supreme Court nod for third term

Shihar Aneez and Ranga Sirilal of Reuters in Colombo | 2014-11-07 00:00:00

Sri Lanka President Mahinda Rajapaksa has asked the Supreme Court to determine if there is any constitutional obstacle to his becoming president for a third term, something the top lawyers' association says he cannot do. Rajapaksa and his family have...

Tigers lead by 266 with 5-wkts in hand

2014-11-07 00:00:00

KHULNA, Nov 6 (UNB): Bangladesh suffered a mini batting collapse but recovered to take a lead of 266 with five second-innings wickets in hand, at stumps on an enthralling day 4 of the 2nd Test of the three-match Bashundhara Cement...

BFF to get Tk 60m to host Bangabandhu Int’l Gold Cup

2014-11-07 00:00:00

Bangladesh Football Federation (BFF) will get Tk 60 million (6 crore) from private television Channel 9 to host this year Bangabandhu International Gold Cup Football Tournament that will begin in the third week of January next year with the participation...

Officers\\\' Club to hold open bridge meet

2014-11-07 00:00:00

Officers' Club Dhaka will hold an open bridge (both team and pair) tournament from November 13 to 18 on the 2nd floor of the club in the city, said a press release.  All Bridge teams and bridge players of Bangladesh...

Mymensingh win in National Hockey

2014-11-07 00:00:00

Mymensingh DSA notched 2nd successive victory in a match of the ATN Bangla Gold Cup National Hockey Championship crushing Habiganj DSA by 12-1 goals at the Maulana Bhasani National Stadium in the Thursday, reports UNB. Kawser made a hat-trick scoring...

Zamal placed 3rd, Siddikur 13th after 1st round

2014-11-07 00:00:00

Zamal Hossain of Bangladesh finished an astonishing 3rd while on his return to competitive gold country's celebrated golfer Siddikur Rahman placed 13th among 120 golfers after the first round of the Panasonic Open India 2014 at the Delhi Golf Club...

14-member team named for 3rd Test against Zim

2014-11-07 00:00:00

The Bangladesh Cricket Board (BCB), Thursday, announced a 14-member squad with one change against Zimbabwe for the third Test of the Bashundhara Cement Test Series scheduled to begin on November 12 at Zahur Ahmed Chowdhury Stadium (ZACS), Chittagong, reports UNB....