FE Today Logo

Search results for:


An initiative worth sustaining

2011-11-05 00:00:00

A cooperative programme, reportedly focused on helping street people, was recently launched at Dhaka's Osmani Udyan. At its inaugural function, the Dhaka Tokai Ghar Cooperative Samity Ltd, as the initiative calls itself, opened a 'labour bazaar', avowedly to facilitate employment...

Government's borrowing and growing inflationary pressure

2011-11-05 00:00:00

There can be no disagreement that the quality of the government's expenditures is critical. With the borrowings spent more on the productive sectors, the same helps increase the gross domestic product (GDP) and also plays a part in taming inflation....

Wind of change sweeping across the globe

2011-11-05 00:00:00

Money speaks, and people with money are not likely to listen to poor powerless protesters. But if all the protesters get together to form some sort of union and put pressure on the rich, through programmes like work stoppages, then...

Rising racism in the West

2011-11-05 00:00:00

The right-wing government of Italian Prime Minister Silvio Berlusconi has angrily denied charges of racism against its coalition partners. Such accusations have been made in a recent UN report on xenophobia, anti-Semitism and Islamophobia. The rebirth of racist and xenophobic...

Need for shunning irresponsible remarks

2011-11-05 00:00:00

Our leaders need to maintain a level of decency while addressing public meetings and other forums and making comments on personal matters of others. Presently, it is far from desirable. The deliberations do not bespeak of a leader of any...

A task force to cope with the looming recession

2011-11-05 00:00:00

Bangladesh could largely avoid the effects of the first global recession in 2008 because of its relatively insular position in the global economy or less linkages with the global economy. But whether it can go on remaining unaffected when another...

Sale in cattle market dull for high price

2011-11-05 00:00:00

Jubair Hasan Transactions at the makeshift cattle markets in the city was dull Friday as most buyers found the prices of sacrificial animals 'high'. The traders had expected a good response from the buyers on the day, the weekly holiday....

Govt mulls major NGO clean-up

2011-11-05 00:00:00

Aiming to make the country's non-governmental organisations (NGOs) an effective force to propel social and economic development, the government is planning a major clean-up in this sector with revoking licences of wrongdoers and inactive ones. The regulator of this sector...

Experts dispel fear about Rooppur waste

2011-11-05 00:00:00

Nizam Ahmed Management of nuclear waste from the planned Rooppur nuclear power plants is most unlikely to become any major problem, official experts said on Friday refuting the concern of certain environmentalists. The nuclear power plants may turn out to...

Massive throng of Muslims begins Hajj rites

2011-11-05 00:00:00

MAKKAH, Nov 4 (AFP): More than 2.5 million Muslim pilgrims began on Friday the rites of the annual hajj pilgrimage, leaving the holy city of Mecca for Mount Arafat, where the prophet Mohammed is believed to have delivered his final...

Extreme poverty rises in US : study

2011-11-05 00:00:00

WASHINGTON, Nov 4 (AFP): The number of Americans living in extreme poverty has grown by more than one-third over the past decade, the Brookings Institution said in a study out Thursday. Over the past decade, the number of US residents...

Wait to watchprogress ofBR: Abul

2011-11-05 00:00:00

The communications minister has urged 'the people to wait' until the end of the present government's tenure to see developments in railway sector, reports bdnews24.com. "Something will happen that had never happened before," Syed Abul Hossain told reporters while visiting...

Jute goods export faces setback as India slaps 4.0 pc CVD

2011-11-05 00:00:00

Yasir Wardad Export of jute products to India faces a major setback as India has imposed four per cent countervailing duty (CVD) on Bangladesh's exports recently, business leaders said. "The Indian government imposed four per cent CVD on our jute...

Spice prices spiralling ahead of Eid

2011-11-05 00:00:00

FE Report The prices of all spices remained high despite adequate supply at the city's kitchen market just two days before the Eid-ul-Azha, traders said Friday. As a number of people have already left the capital city to celebrate the...

Washington Post reports quarterly loss

2011-11-05 00:00:00

Bangalore, Nov 4 (Reuters): The Washington Post Co posted a quarterly loss as advertising revenue at its flagship newspaper fell and fewer students signed up at its Kaplan chain of for-profit colleges. The company's third-quarter net loss was $6.2 million,...

Cost of processing sacrificial animals to go up

2011-11-05 00:00:00

Sonia H Moni The processing cost of sacrificial animals will be higher in the upcoming Eid-ul-Azha as professional butchers have raised the charges they usually demand for this purpose that vary from area to area in the city. "I used...

Traders prepare to collect cattle bone during Eid

2011-11-05 00:00:00

Ismail Hossain Cattle bone traders in the country are getting prepared to collect bones of sacrificial animals during Eid-ul-Azha. Around half the annual requirement of bones is usually available during Eid-ul-Azha every year and for this bone crushing factories remain...

Bank exodus from euro zone sovereign debt quickens

2011-11-05 00:00:00

LONDONPARIS, Nov 4 (Reuters): Banks including BNP Paribas and ING are ditching billions of euros of euro zone government bonds, cutting their exposure to the region's trouble spots. More lenders are expected to retreat as the euro zone crisis deepens...

Cuba passes law allowing private home sales

2011-11-05 00:00:00

HAVANA, Nov 4 (AFP): The Castro government has allowed individuals to buy and sell homes for the first time in 50 years, bringing relief to Cubans celebrating the latest reforms of the island's Soviet-style economy. "It's about time," said Aida...

Canada Oct jobless rate jumps on hefty layoffs

2011-11-05 00:00:00

OTTAWA, Nov 4 (Reuters): Unexpected job losses in October pushed Canada's unemployment rate higher, confirming expectations the economy is weakening and interest rate increases are off the radar. The economy unexpectedly ditched almost all the jobs gained in September as...

Brazil's GDP to grow 3.2pc this year

2011-11-05 00:00:00

RIO DE JANEIRO, Nov 4 (Xinhua): Brazil's gross domestic product (GDP) will grow 3.2 per cent in 2011, a report released by Brazilian Banking Federation (Febraban) said Thursday. In its September report, Febraban estimated that the Brazilian economy would expand...

Philipppine inflation up 5.2pc in October

2011-11-05 00:00:00

MANILA, Nov 4 (Xinhua): Higher food an utility prices in the Philippines pushed up the country's inflation rate to 5.2 per cent in October, according to the latest report released by the national statistics office (NSO). The 2006-based inflation rate...

US, UK, France ratchet up pressure on Iran

2011-11-05 00:00:00

USA, Nov 04 (Reuters): The United States, Britain and France turned up the pressure on Tehran Thursday ahead of next week's release of a keenly awaited UN report that may offer new details about the military side of Iran's nuclear...

Anna Hazare vows to start new anti-Congress drive

2011-11-05 00:00:00

NEW DELHI, Nov 4 (AFP): Indian social activist Anna Hazare, whose campaign for a tough anti-corruption law has drawn huge public support, vowed Friday to start a new movement against the ruling Congress party. The 74-year-old activist wants anti-graft legislation...

Syria troops kill 20 despite peace deal

2011-11-05 00:00:00

DAMASCUS, Nov 4 (AFP): Syrian troops killed 20 civilians and arrested dozens Thursday, a rights watchdog said, a day after Damascus pledged to withdraw its forces from protest hubs under a deal with the Arab League to end months of...

Downtrend, liquidity shortage continue at DSE

2011-11-05 00:00:00

FE Report The downtrend at the Dhaka Stock Exchange (DSE) continued for the fifth straight week that ended Thursday with significantly declining turnover in value terms, as investors were reluctant to make fresh exposure in the market in line with...

Asian shares up after Greece vote U-turn

2011-11-05 00:00:00

HONG KONG, Nov 4 (AFP): Asian markets rose Friday as Greece scrapped plans for a national vote on last week's eurozone rescue package, which had drawn condemnation and shocked world markets. Investor confidence was also boosted by a surprise rate...

US stocks slip after jobs data

2011-11-05 00:00:00

NEW YORK, Nov 4 (AFP): US stocks opened lower Friday, as investors digested slightly better-than-expected US jobs data and kept an eye on Europe's public debt crisis, with Greece's fate still uncertain. The Dow Jones Industrial Average tumbled 79.16 points...

Satanic interventions of berserk imperialists

2011-11-05 00:00:00

The mainstream media's (read dominant western groups) pathological glee at the fall of Libya's Muammar Gaddafi on October 20, 2011, seems to be somewhat tempered lately, now that the analyses of conscientious people across the globe are getting the attention...

Under the sway of nostalgia

2011-11-05 00:00:00

Smritikatarata is a word that conveys the meaning most appropriately of a time that has gone by and will never return no matter whatever effort and price one is ready to expend and pay. But is this as direct and...