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Exorcise the demons of Francoist Spain

2007-08-25 00:00:00

David GardnerThere are pictures that tell you a lot more than the thousand words they are proverbially said to be worth. Such a picture was widely reproduced this summer in Spain: of José Luis Rodríguez Zapatero, the Socialist prime minister,...

Rambus faces antitrust claim from Brussels

2007-08-25 00:00:00

Richard Waters in San Francisco and Sarah Laitner in BrusselsThe European Commi-ssion has lodged a formal antitrust complaint against Rambus adding to pressure on the US company over the way it charges for technology that is widely used in the...

Roh proposes economic bloc with N Korea

2007-08-25 00:00:00

Anna Fifield in SeoulSouth Korea will seek North Korea's agreement to start creating a joint economic community when the divided peninsula's leaders meet in Pyongyanglater this month in a summit that is being billed as a watershed in bilateral relations.President...

Bubbly asset prices hold nasty surprise for China

2007-08-25 00:00:00

Richard McGregor in BeijingChina has been spared the turmoil convulsing global markets because of its strict capital controls, local economists say - but it will eventually be forced into a painful adjustment of bubbly asset prices driven by excess liquidity.China...

US sets hearing on lead-tainted toys

2007-08-25 00:00:00

Stephanie Kirchgaessner in WashingtonUS lawmakers are looking for answers from more than a dozen companies that this year recalled lead-tainted toys and children's jewellery imported fromChina.The committee said it was trying to understand how "dangerous products" continued to cross US...

Warne out for three weeks with fractured rib

2007-08-25 00:00:00

Shane Warne could miss the rest of the English season after fracturing a rib while bowling in Hampshire's draw with Lancashire at Old Trafford, his club reported on Friday. The Australian leg spinner and Hampshire captain suffered the injury on...

HSC, equivalent exams results Sunday

2007-08-25 00:00:00

Results for Higher Secondary Examinations (HSC) under all education boards, and Alim, Fazil and Kamil exams under the Bangladesh Madrasah Education Board will be published simultaneously at 4pm Sunday. HSC Business Studies under Bangladesh Technical Eduication Board and Diploma in...

Two DU teachers remanded

2007-08-25 00:00:00

A court Saturday sent two Dhaka University teachers into four-day remand for questioning, about 36 hours after they were arrested. Professor Anwar Hossain and Prof Harun-or-Rashid of Dhaka University are facing charges of "illegal attacks and property damage" tied to...

Flood relief and rehabilitation activities

2007-08-25 00:00:00

There can be no saying of it conclusively till the middle of next month that the flood has come to an end with the end of the rainy season as well. In this situation when final estimates of flood related...

On adversity and ways to tame it

2007-08-25 00:00:00

Qazi Azad One might have discovered the other day why our national poet, Kazi Nazrul Islam-- the rebel poet -- wrote in profuse praise of poverty on reading a particular article, published recently in a Dhaka daily. Its writer sought...

Credit wholesaling for SME financing

2007-08-25 00:00:00

Ferdous Ara BegumA recent seminar organised by Small and Medium Enterprise (SME) Foundation on Credit Wholesaling (CW) shed some light on the new financing scheme for SMEs to be implemented by the foundation through designated banks and financial institutions. It...

Methodology used to rate colleges

2007-08-25 00:00:00

Rebecca KnightMID-August in the US has long been given over to an annual ritual of anxiety. High-school seniors, panicked parents, college presidents and trustees are joined in fretting about the guide to America's Best Colleges published by the US News...

Export product development

2007-08-25 00:00:00

Bangladesh can earn over a billion US Dollars by exporting fruits alone. Thailand with its lesser array of fruits than Bangladesh earns presently several billion US Dollars from fruit and fruit products . Bangladesh has immense export prospects in a...

Food situation

2007-08-25 00:00:00

FOOD prices in the country are leaping up to say the least. Poor people make chapatis from ata (wheat flour) to survive. Under the worst circumstances such as during the countrywide on-going floods, they live only on chapatis and little...

In case an earthquake jolts us!

2007-08-25 00:00:00

Maswood Alam KhanA two-minute long eight-magnitude earthquake hit on the 15th of this month the central coast of Peru killing more than 500 people, wounding more than 1000, collapsing homes, factories and offices, cracking and cutting off roadways and leaving...

Financing of sick industry is not always wise from bankers' point of view

2007-08-25 00:00:00

Mahbubul Haque ChowdhuryBANKERS are dealers in credit. They are custodians of depositors money. Bankers are also partners of economic development. Apart from seed money i.e. raised capital, the bank accepts deposit from the general public and invest the same judiciously...

Bush campaigns to sustain military 'surge'

2007-08-25 00:00:00

Jim Lobe from WashingtonOpening a new campaign to sustain his "surge" strategy in Iraq, President George W. Bush Wednesday compared Washington's ongoing struggle there to both World War II and the Vietnam War where, he said, Washington's withdrawal led to...

The same old folly starts a new spiral of risk

2007-08-25 00:00:00

John KayTHE financial economics I once taught treated risk as just another commodity. People bought and sold it in line with their varying preferences. The result, in the Panglossian world of efficient markets, was that risk was widely spread and...

Poll shows Ahmadinejad’s popularity declines

2007-08-25 00:00:00

Kimia SanatiPresident Mahmoud Ahmadinejad who came to power two years ago, winning 62 percent of the popular vote, is rapidly losing popularity for failure to make good on election promises to improve the lives of ordinary people by sharing Iran's...

Taiwan's economy probably grows at fastest pace in almost a year

2007-08-25 00:00:00

Perris LeeTaiwan's economy probably grew at the fastest pace in almost a year in the second quarter as spending by the island's consumers and companies made up for declining exports to the U.S.Gross domestic product, a measure of all goods...

Lawless North turns hostile to NGOs

2007-08-25 00:00:00

Ashfaq YusufzaiThreats to non-governmental organisations (NGOs) have brought development work to a halt in Pakistan's lawless North West Frontier Province (NWFP).NGOs have been accused of proselytising, squandering money on themselves and pushing a U.S.-led agenda."There is a strong public disapproval...

Economy to keep racing ahead despite uncertainties

2007-08-25 00:00:00

China's economic growth may face uncertainties in the coming months. Whatever those uncertainties are, analysts agree the economy will continue its rapid growth.China's gross domestic product (GDP) increased 11.5 percent in the first six months of the year, with investment,...

BB may provide $300m to BPC for importing fuel oils

2007-08-25 00:00:00

Doulot Akter MalaThe Bangladesh Bank (BB) is likely to provide US$ 300 million loan to the state-owned Bangladesh Petroleum Corporation (BPC) for financing fuel oil imports.Three nationalised commercial banks (NCB) -- Janata, Sonali and Agrani will get US$ 100 million...

Wheat prices jump to record high

2007-08-25 00:00:00

LONDON, Aug 23 (Agencies): Wheat prices jumped to an all-time high on Thursday as panicked buyers rushed into the market amid extremely tight supplies, raising fears of a global food inflation spike. Canada, the world's second largest wheat exporter, warned...

CA takes up greater role in adding impetus to ADP implementation

2007-08-25 00:00:00

FE Report The Chief Adviser (CA) has intensified review of the work as well as procurement plans for the current annual development programme (ADP) by the ministries and divisions, a source said.As part of his commitment to monitoring the implementation...

ADB approves water resources project

2007-08-25 00:00:00

FE ReportThe Asian Development Bank (ADB) has approved the second phase of 'Small-Scale Water Resources Development Sector II: Bangladesh' project, sources said.Of total project cost of US$58.7 million, the ADB will provide loan worth $34 million. Besides, the government of...

Flood situation improves further

2007-08-25 00:00:00

The Brahmaputra-Jamuna basin has continued receding and is likely to fall further while the Ganges-Padma basin may rise at a slower rate within a day or two, a Flood Forecasting and Warning Centre (FFWC) said in its latest report Friday,...

Life becomes almost normal as curfew relaxed

2007-08-25 00:00:00

FE ReportPublic life, traffic movements and other business activities turned to almost normal Friday in the capital and other divisional headquarters of the country as the government relaxed the curfew hour from 8:0am to 10pm on the day.Announcing the lifting...

Five DU, RU teachers, JCD president arrested

2007-08-25 00:00:00

Five senior university teachers including former Rajshahi University (RU) vice-chancellor and Dhaka University Teachers' Association (DUTA) general secretary, and Jatiyatabadi Chatra Dal (JCD) president were arrested by security personnel Friday morning in the capital and in Rajshahi, report UNB/ bdnews24.comIn...

India's drug market to reach $20b by 2015

2007-08-25 00:00:00

Amy Yee, FT Syndication ServiceNEW DELHI: India's pharmaceuticals market will more than triple to $20bn by 2015 on the back of rising personal incomes, the spread of chronic diseases and the growth of hospitals and clinics across the country, according...