Michael T. Klare When "peak oil" theory was first widely publicised in such path breaking books as Kenneth Deffeyes' Hubbert's Peak (2001), Richard Heinberg's The Party's Over (2002), David Goodstein's Out of Gas (2004), and Paul Robert's The End of...
Marwaan Macan-Marka from BangkokBy going on a hunger strike, some 150 ethnic Hmong refugees in Thailand have turned the heat on Bangkok to respect their rights and treat them with compassion. ''They decided to starve themselves and die in prison...
Frances WilliamsGLOBAL efforts to combat the production and use of illicit drugs are succeeding in bringing drug abuse under control, the United Nations drugs agency said in a report published recently. "Recent data show that the runaway train of drug...
LONDON, Aug 21 (Reuters): Finance chiefs of the world's two biggest economies pledged Tuesday to keep a close watch on jittery markets, while banks at the sharp end of a global financial storm said they faced serious trouble.The Chief Executive...
KUALA LUMPUR, Aug 21 (AFP): Malaysia has embarked on a huge development plan to spread growth and jobs to its Malay-majority hinterlands, but analysts said it faced tough competition for necessary foreign investment. Prime Minister Abdullah Ahmad Badawi last month...
BEIJING, Aug 21 (CEIS): China has returned 272 heart pacemakers imported from the United States after they failed quality inspections, China's top quality control agency announced yesterday. The General Administration of Quality Supervision, Inspection and Quarantine (AQSIQ) said the heart...
BANGKOK, Aug 21 (AFP): Thailand's economy could grow faster than the 4.0 per cent projected for this year, if consumer confidence rises after voters approved a new constitution last weekend, the industry minister said today. The army-backed constitution was approved...
TOKYO, Aug 21 (AFP): Japan will propose scrapping duties immediately on 90 per cent of imports from ASEAN when it holds free trade talks with the regional bloc this week, a report said today. But Japan wants to exclude politically...
NEW DELHI, Aug 21 (PTI): Keen to promote itself as an attractive destination for Indians, China yesterday inaugurated its first tourism promotion office here. The China National Tourism Authority (CNTA) office was inaugurated by Shao Qiwei, the Chairman of the...
SINGAPORE, Aug 21 (AFP): Oil prices were lower in Asian trade today as US energy facilities looked set to escape the fury of Hurricane Dean, dealers said. New York's main contract, light sweet crude for September delivery fell 32 cents...
TOKYO, Aug 21 (AFP): The dollar clawed back more ground against the yen in Asian trade today as a recent rebound in global share prices brought a lull in the unwinding of risky trades, dealers said. The yen shot higher...
MADRID, Aug 21 (AFP): Spain's Inditex, Europe's largest clothing retailer by sales, is looking to expand in China, attracted by the rising spending power of consumers in the fast- growing Asian country. The firm, whose chains include Zara and Bershka,...
MELBOURNE, Aug 21 (PTI): Indian's leading software firm TATA Consultancy Services has been awarded a major outsourcing contract by AGL Energy Ltd, Australia's largest integrated energy company. The USD 16 million TATA contract, which is part of a major technology...
HANOI, Aug 21 (Xinhua): Fueled by the stronger export growth in the first seven months of this year, Vietnam is likely to realize its annualized target of selling overseas 7.5 billion US dollars worth of garments and textiles. Vietnam, reaping...
BANGALORE, Aug 21 (AFP): US private equity giant Blackstone Group has bought a majority stake in India's largest garment manufacturer and exporter, Gokaldas Exports, according to a statement, at an estimated cost of 165 million dollars. Blackstone will acquire a...
Sarwar Zahan The availability of phones in rural areas has created new opportunities for income generation through self-employment as villagers now have access to modern information and communication technologies, Asian Development Bank (ADB) said in a report.It has suggested that...
FE ReportBRAC Bank Limited formally inaugurated its branch at Graphics Building in the city's Motijheel area recently.BRAC Bank Limited Chairman Fazle Hasan Abed formally inaugurated the branch.Managing Director and CEO of the bank Imran Rahman, Chief Operations Officer Kaiser Tamiz...
Our CorrespondentBrahmanbaria, August 21: Brahmanbaria branch of Karmashangsthan Bank (KB) had disbursed TK 29.24 million(Tk 2.92 crore) among the young entrepreneurs and unemployed youths in the last five years in Brahmanbaria.The loans were given for poverty alleviation so that the...
FE ReportFederation of Bangladesh Chambers of Commerce and Industry (FBCCI) President Mir Nasir Hossain left Dhaka Monday for Malaysia to attend a study tour on industrial promotion agencies of Malaysia to gather ideas on building a strong foundation of the...
FE Report Bangladesh Leasing and Finance Companies Association (BLFCA) has organised the sixth foundation course for entry level officers at the BIAM auditorium, New Eskaton, in the city Monday. Square Group of Companies Chairman Samson H Chowdhury inaugurated the three-day...
FE Report Bangladesh Krishi Bank (BKB) held the 441st meeting of the board of directors' of the bank at its head office in the city Tuesday. BKB board of directors Chairman SA Chowdhury presided over the meeting. BKB board of...
PIROJPUR, Aug 21 (UNB): Bangladesh Krishi Bank (BKB) will disburse Tk 418 million (41.80 crore) loans here in the current fiscal year.Of the total loans, Tk 205 million will be given for crops cultivation, Tk 55 million for pisciculture sector,...
FE ReportThe Royal Thai Embassy and Thai community in Bangladesh will organise a charity fair to raise fund for helping the country's flood victims.The event, titled 'food against flood: helping hands for food relief', will take place on August 24-25...
FE ReportIslami Bank Bangladesh Limited (IBBL) distributed prizes among the meritorious students who achieved highest positions in Banking Department of University of Dhaka and in Finance and Banking Department of International Islamic University Chittagong (IIUC) and Manarat International Islamic University...
NEW YORK, Aug 21 (Reuters): US stocks turned lower in choppy Tuesday trade as anxious investors waited for the outcome of a key meeting between Federal Reserve Chairman Ben Bernanke, Secretary Treasury Henry Paulson and Banking Committee Chairman Chris Dodd....
FE ReportTotalgaz organised an LPG safety training programme at Saptak Enterprise in Rajshahi recently.Participants in the training programme were primarily housewives who use LPG for domestic cooking.Such training programmes for housewives were held for the first time in the country.Totalgaz...
BRUSSELS, Aug 21 (AFP): EU Trade Commissioner Peter Mandelson rejected yesterday a claim from Beijing that growing safety concerns about Chinese-made products were a front for protectionism. "The allegation that European companies' action against toxic Chinese goods is politically motivated...
HONG KONG, Aug 21 (Reuters): Asian stocks extended gains Tuesday as credit concerns eased and a softer yen buoyed Japanese exporters, while a move by China to let residents invest directly in Hong Kong securities gave the Hang Seng Index...
FE ReportGlobal Insurance Limited at its 61st board meeting unanimously elected Mahabub Morshed Talukder chairman of the company recently.Mahabub Morshed Talukder is a director of Creative Engineers Ltd and Creative Paper Mills Ltd.Talukder is also a member of the Bangladesh-German...
FE ReportGallery Apex opened its new branch at Joypurhat recently.Nilufar Manzur of Gallery Apex inaugurated the branch at Sadar Road of the district town.Apex Footwear Ltd Managing Director Syed Nasirn Manzur, General Manager Abdullah Al Mosaddeque and senior officials were...
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