LONDON, Nov 22 (AFP): Oil prices collapsed this week to under 50 dollars, their lowest levels in almost four years, as the market focussed on the threat of a global recession and tumbling energy demand. Base metals aluminium and copper...
Speakers, at a workshop on marker-assisted breeding, highlighted the importance of human resource development for the use of advanced technology like marker-assisted selection breeding for the development of rice varieties especially suitable for adverse conditions like salinity, flash flood, cold...
TOKYO, Nov 22 (AFP): Mitsubishi Motors Corp. will join other major Japanese carmakers in making further cuts to production and jobs to cope with the global economic downturn, press reports said today. The number-four Japanese carmaker is considering reducing its...
SAO PAULO, Nov 22 (AFP): Brazilian President Luiz Inacio Lula da Silva yesterday demanded an end to protectionist barriers on ethanol and biodiesel trade as the first international conference on biofuels wrapped up here. "We hope that the growth of...
National Bank Limited (NBL) disbursed small and medium enterprise (SME) loan through its Gaibandha branch recently, says a press release.The bank has taken the step to help alleviate Monga and poverty of the area by creating long-time employment opportunities for...
MOSCOW, Nov 22 (AFP): Russian state-controlled gas giant Gazprom will cut off gas deliveries to Ukraine as of January 1 unless the countries agree on a new contract, a company spokesman was quoted as saying today. "We would like to...
NEW YORK, Nov 22 (AFP): Members of General Motors' board of directors are willing to consider "all options" for the ailing auto maker, including filing for bankruptcy protection, The Wall Street Journal reported on its website late yesterday. Citing unnamed...
LIMA, Nov 22 (AFP): Asia-Pacific economies are stepping up pressure on an upcoming meeting in Geneva to break the deadlock in global trade talks as financial turmoil blunts economic growth. Senior officials from key members of the World Trade Organisation...
FRANKFURT, Nov 22 (AFP): European Central Bank (ECB) president Jean-Claude Trichet called yesterday for the International Monetary Fund (IMF) to play a greater role in resolving the global financial and economic crisis. Trichet told the Frankfurt European Banking Congress that...
LIMA, Nov 22 (Reuters): Chinese President Hu Jintao said Friday that China will take a responsible attitude and enhance cooperation with other countries to confront the global economic crisis.China supports a gradual diversification of the international monetary system, Hu said...
WASHINGTON, Nov 22 (AFP): The economic team of US president-elect Barack Obama came into view yesterday as fears mounted on the global financial crisis and more mass job cuts loomed worldwide. Reports said Obama was set to appoint New York...
WASHINGTON, Nov 22 (AFP): The International Monetary Fund (IMF) is "ready to rapidly assist" Latvia deal with its economic crisis, in close cooperation with the European Union, IMF chief Dominique Strauss-Kahn said yesterday in a statement. "I have informed the...
WASHINGTON, Nov 22 (Xinhua): Seif al-Islam Gadhafi, son of Libya's leader Moammar Gadhafi, has said that Libya wants to invest in the United States, the Associated Press reported yesterday. In an exclusive interview with the news agency, Seif said that...
MEXICO CITY, Nov 22 (Reuters): Economic growth in Mexico cooled to its weakest pace in five years in the third quarter, hurt by weaker US demand for exports and a drop in oil production, the national statistics agency said Friday.The...
COLOMBO, Nov 22 (AFP): Sri Lanka's trade deficit narrowed during the nine months to September, as a slowdown in the global economy hurt export sales, official data showed today. The nation's trade deficit from January to September widened 88.1 per...
LIMA, Nov 21 (AFP): Japan and Peru signed today a treaty to encourage investment and agreed to consider starting talks on a broader free-trade accord. Japanese Prime Minister Taro Aso inked the deal ahead of this year's Asia-Pacific Economic Cooperation...
The Ministry of Information Saturday refuted the report published in a national daily in the Friday's issue and said the ministry has made many epoch-making achievements during the tenure of the present government, reports BSS.A spokesman of the information ministry...
Speakers at a roundtable Saturday urged the government to take strong measures to stop marketing of milk foods and products contaminated by melamine and other dangerous elements, reports BSS. In this regard, they called for forming an independent body under...
The second UN sponsored conference on Financing for Development (FfD) is now set for holding in the Qatari capital of Doha from November 29 to December 03. The conference is expected to take stock of developments since the first such...
Syed JamaluddinBusinessmen and their leaders at a convention on 15th of this month urged the major political parties to put economic agenda in their election manifestos on priority basis for accelerating the economic development of the country. This convention was...
M.H. BariThe status of seafood, a non traditional item until independence has undergone a sea change. In fiscal year (FY) 1972-73 seafood items worth US$ 3.06 million were exported. It rose to $515.32 million in FY 2006-2007. With the introduction...
Shahadat HossainSensitising the potential policy makers of the country to the very pressing need of increasing energy supply is much important in the backdrop of energy-starved conditions in the country. All concerned would express the hope that in the remaining...
The prevailing circumstances surrounding the issue of Bangladesh-Myanmar maritime boundary delimitation seems to be drifting. Both the countries have been exploring possibilities of settling the issue through bilateral negotiations. While the parties have agreed to sit in Yangon next January...
NEWSPAPERS reported that the remittances from expatriate Bangladeshis increased last month. The Bangladeshis working in different countries, mainly in the Middle-East, sent $655.98 million in October. It is a 17.34 per cent rise compared to the same month's a year...
Barrister M. A. Muid KhanDESPITE Bangladesh's constitution-bound commitment to international peace and co-operation, the recent efforts to set up drilling by a Korean company engaged by Myanmar government, in the disputed territorial water of the Bay of Bengal, have flagrantly...
A.K.N. AhmedTHE suggestions that have so far come forward to set right the global financial system are piecemeal, partial and rather superficial. All are essentially aimed at mending the broken system and not ending it. For example, John Gieve, Deputy...
Syed Fattahul AlimWith major breakthroughs in science and technology, we are not only getting more aware of our surroundings day by day, we are also becoming more knowledgeable about ourselves. By ourselves is meant here the black box that controls...
ABM AhsanullahDoyen of journalists late Abdus Salam was a great enthusiast and an avid bridge player. He used to play bridge regularly. During his time, mostly Rubber Bridge was being played. Nonetheless, in the context of the game of Bridge,...
Marius Zaharia No matter who wins Romania's general election this month, none of the main contenders is committed to the cuts in spending needed to reduce the risk of a currency crisis, spelling more trouble ahead for local markets. Analysts...
Enayet RasulIt is not a name that has been created by Bangladesh such as the name Myanmar is a new one compared to the age-old name of Burma that identified this country. The name Bay of Bengal has been used...
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