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The new workforce and how to get ready

ANINDETA CHOWDHURY | 2024-07-28 00:00:00

It was not a long time ago when we could not think of full-time work outside of an office space but the technology has made us able to work even from home. It just needs tailored skills to suit ourselves,...

Indirect deaths in Gaza three to 15 times more than direct deaths: Lancet

Muhammad Mahmood | 2024-07-28 00:00:00

As the Israeli genocidal war machine moved on to invade Gaza in late October last year, it was killing anyone who moved and destroying anything that stood. The Israeli Occupation Force (IOF) is both massacring Palestinians and destroying their physical...

MFS facing growing risk of fraud

2024-07-28 00:00:00

Mobile financial services (MFS) have revolutionised the financial landscape in Bangladesh, providing greater access to financial products, convenient payment options, and streamlined commercial transactions. However, the sector faces challenges, particularly in terms of fraud and security breaches. Fraud in mobile...

China's diplomatic coup in Middle East

2024-07-28 00:00:00

The People's Republic of China has emerged as a peacemaker in the Middle East, replacing the United States, which dominated the region for the last 25 years. China's role became prominent after successfully mediating a conflict between the major oil-producing...

Urgent steps needed to reopen Metro Rail, Expressway

Atiqul Kabir Tuhin | 2024-07-28 00:00:00

Over the last week, the disgraceful scenes of ransacked and willfully damaged public property shocked the nation. Victims of the senseless mayhem included two stations of the Metro Rail, buildings of Bridge Division, BTV, Department of Disaster Management, BARTA, Narsingdi...

Monetary policy faces fresh challenges

Asjadul Kibria | 2024-07-28 00:00:00

The latest monetary policy, declared two weeks ago, seeks to keep the growth of domestic credit flow at a moderate level during the first half of the current fiscal year (FY25). It wants to keep the growth of private credit...

Prices of essentials up again

2024-07-28 00:00:00

Most people in the country have been taking the brunt of unrelenting food inflation for the last few years. The violence that gripped the capital city and beyond during the anti-quota movement saw fresh disruptions of supply chain for food...

Cache server reboot improves Internet

FE REPORT | 2024-07-27 12:00:00

Following a five-day nationwide internet blackout and broadband services restored on Tuesday, international internet gateway operators resumed Google's cache server on Thursday night -- improving internet speeds for users.However, cache servers for short-form video hosting service TikTok and Meta-owned Facebook...

French culture, history mingle at Olympic opening show

2024-07-27 12:00:00

PARIS, July 26 (AFP): The opening ceremony for the Paris Olympics began Friday, an unprecedented and ambitious show with up to 7,000 athletes parading down the River Seine past the historic monuments of the French capital despite the risk of...

Concerns aired over debt-service fund diversion for instalment payment

SYFUL ISLAM | 2024-07-27 12:00:00

Withdrawal of funds from debt-service reserve account for instalment payment against a loan for a state-owned power plant has created concerns among its multiple foreign financiers, officials said. They raised a number of questions to learn the current and future...

Electric car woes force German supplier ZF to axe jobs

2024-07-27 00:00:00

BERLIN, July 26 (AFP): German car parts manufacturer ZF said Friday it would cut a fifth to a quarter of jobs in Germany as it struggled with the switch to electric vehicles and foreign competition."The number of employees in Germany...

RBI fines Visa for unauthorised payment method

2024-07-27 00:00:00

BENGALURU, July 26 (Reuters): The Reserve Bank of India (RBI) imposed a penalty of 24.1 million rupees (nearly $288,000) on Visa in relation to its usage of an unauthorised payment transfer method, the central bank said on Friday."It was observed...

Walmart looks to bet $200m on autonomous forklifts

2024-07-27 00:00:00

NEW YORK, July 26 (Reuters): Walmart has plans to potentially spend $200 million on self-driving forklifts as part of broader efforts to automate more warehouse operations, according to three people familiar with the matter.The world's largest retailer wants autonomous forklifts...

Russian central bank hikes key rate to fight inflation

2024-07-27 00:00:00

MOSCOW, July 26 (AFP): Russia's central bank raised its key interest to 18 per cent on Friday, the sixth hike in just over a year as it seeks to tame soaring price rises.Governor Elvira Nabiu-llina said Russian businesses were facing...

Brent, US crude futures fall on sagging China demand

2024-07-27 00:00:00

HOUSTON, July 26 (Reuters): Brent and US oil crude futures fell more than $2 a barrel on Friday on declining Chinese demand and hopes of a Gaza ceasefire agreement that could ease Middle East tensions and accompanying supply concerns.Brent was...

Brazil's Economy Minister Fernando Haddad (left) and US Treasury Secretary Janet Yellen

2024-07-27 00:00:00

Rio de Janeiro: Brazil's Economy Minister Fernando Haddad (left) and US Treasury Secretary Janet Yellen sign an agreement during the G20 economic ministers' meeting in Rio de Janeiro, Brazil on Friday. — AFP

US Fed’s favoured inflation measure cools further

2024-07-27 00:00:00

WASHINGTON, July 26 (AFP): The US Federal Reserve's favored inflation measure eased further in June, according to government data published Friday, in more good news for policymakers ahead of next week's interest rate decision.The personal consumption expenditures (PCE) price index...

Barcelona coach hails 'unbelievable' Yamal

2024-07-27 00:00:00

BARCELONA, July 26 (AFP): New Barcelona coach Hansi Flick on Thursday hailed the performance of the Spanish club's teenage winger Lamine Yamal at Euro 2024, calling it "unbelievable".Yamal made history in his country's opening game against Croatia by becoming the...

Stokes backs Wood to break 100mph barrier

2024-07-27 00:00:00

BIRMINGHAM, United Kingdom, July 26 (AFP): England captain Ben Stokes believes Mark Wood can become the first bowler to be clocked in excess of 100mph (161kmh) during a Test match following his Durham team-mate's thrilling display at Trent Bridge.Wood hit...

Nadal, Djokovic’s fighting time

2024-07-27 00:00:00

PARIS, July 26, (AFP): Rafael Nadal will bid farewell to the Olympics on the clay courts of Roland Garros -- scene of his greatest moments -- as Novak Djokovic attempts to prevent the sun setting on tennis's golden generation.Nadal has...

USA, World Cup holders Spain win women's Olympic football openers

2024-07-27 00:00:00

PARIS, July 26 (AFP): Reigning Ballon d'Or Aitana Bonmati scored one goal and helped create another as World Cup holders Spain beat Japan 2-1 in their first game of the women's Olympic football tournament on Thursday, while record four-time gold...

Hashimoto's Japan face Chinese threat

2024-07-27 00:00:00

PARIS, July 26 (AFP): Daiki Hashimoto believes Japan's "explosive" men's gymnastics team have the edge on a veteran Chinese side for Olympic gold but warned other countries could surprise.Hashimoto, 22, opens his all-around title defence starting with men's qualifying on...

Biles spearheads US bid to reassert Olympic gymnastics supremacy

2024-07-27 00:00:00

PARIS, July 26 (AFP): Simone Biles headlines a US women's squad on a "redemption" mission at the Paris Olympics, where the gymnastics great is favored to add to her stash of four gold medals after a turbulent Tokyo campaign.Amid Biles's...

Olympic rings are displayed at the Eiffel Tower

2024-07-27 00:00:00

Paris, (France): Olympic rings are displayed at the Eiffel Tower ahead of the opening ceremony set for Friday. — Reuters

News in Brief -2024-07-27

2024-07-27 00:00:00

Typhoon Gaemi lashes China after pounding Taiwan, PhilippinesBEIJING, July 26: Typhoon Gaemi pummelled towns on China's coastal Fujian province on Friday with heavy rains and strong winds as the most powerful storm to hit the country this year began its...

EU transfers 1.5b euros from frozen Russian assets to Ukraine

2024-07-27 00:00:00

BRUSSELS, July 26 (Reuters): The European Union will transfer 1.5 billion euros in proceeds from frozen Russian assets to Ukraine, European Commission President Ursula von der Leyen said on Friday.Western countries blocked around $300 billion worth of sovereign Russian assets...

UN seeks urgent response to 'alarming' spread

2024-07-27 00:00:00

The United Nations' Food and Agriculture Organization on Thursday called for an urgent and unified response to an "alarming" rise in avian influenza in humans and animals across the Asia-Pacific, reports Reuters.The H5N1 virus has spread more widely than ever...

Venezuela opposition seeks to end 25 years of socialist power in Sunday vote

2024-07-27 00:00:00

CARACAS, July 26 (Reuters): Venezuelan opposition leader Maria Corina Machado and her coalition's candidate Edmundo Gonzalez have commanded enthusiastic crowds during their campaign to unseat President Nicolas Maduro and end 25 years of ruling party dominance.But uncertainty remains about how...

Barack, Michelle Obama endorse Harris in video of live call

2024-07-27 00:00:00

WASHINGTON, July 26 (Reuters): Former President Barack Obama and his wife Michelle endorsed Kamala Harris' bid for president on Friday in a roughly one-minute long video that captured a private phone call between the couple and the current vice president."We...

Pakistan using 'terrorism, proxy war' to stay relevant

2024-07-27 00:00:00

NEW DELHI, July 26 (Reuters): Indian Prime Minister Narendra Modi said on Friday that Pakistan is trying to stay relevant through "terrorism" and "proxy war" but its "unholy plans" will never succeed.The nuclear-armed South Asian neighbours share an uneasy relationship...