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NATO soldier killed in Afghanistan

2007-08-20 00:00:00

KABUL, Aug 19 (AFP): A soldier with the NATO-led International Security Assistance Force (ISAF) was killed Sunday while escorting a convoy in southern Afghanistan, the force said in a statement. The soldier died from wounds suffered when the convoy was...

Mortar attack kills 12 in east Baghdad

2007-08-20 00:00:00

BAGHDAD, Aug 19 (AP): A mortar barrage slammed into a mainly Shiite east Baghdad neighbourhood Sunday, killing 12 and wounding 31, police said. Women and children were among the dead and wounded, and some houses in the neighbourhood were damaged,...

Bhutto links Pak terrorism to Musharraf regime

2007-08-20 00:00:00

MONTREAL, Aug 19 (AFP): Pakistan's exiled former leader Benazir Bhutto warned Saturday that the threat of terrorism in northwestern Pakistan's lawless tribal zones will not go away while a military government is in power. "The root cause of the problem...

Nepali ruling parties committed to Constituent

2007-08-20 00:00:00

KATHMANDU, Aug 19 (Xinhua): Top leaders of the eight Nepali ruling political parties expressed their commitment to hold the Constituent Assemble (CA) elections on agenda in the meeting started in Kathmandu Saturday afternoon, local newspaper The Rising Nepal reported Sunday....

Kazakh president's party wins all seats

2007-08-20 00:00:00

ASTANA, Kazakhstan, Aug 19 (AP): The party of President Nursultan Nazarbayev won all available seats in Kazakhstan's new parliament, according to preliminary results announced Sunday. The tally was quickly condemned by the opposition. An observer mission from the Organisation for...

Israel deports 50 Sudanese refugees to Egypt

2007-08-20 00:00:00

JERUSALEM, Aug 19(AFP): Israel Sunday returned to Egypt 50 Sudanese refugees who had entered the country illegally the previous day, a senior official said. "These Sudanese were handed over to the Egyptian authorities in accordance with an accelerated deportation procedure,"...

Bangladesh has capacity, set-up to hold free, fair election: CA

2007-08-20 00:00:00

Terming the new technology-based voter listing of 90 million (9.0 crore) voters a big task, Chief Adviser (CA) Fakhruddin Ahmed Sunday said Bangladesh had the capacity and the set-up for holding free, fair and neutral general election in the targeted...

Plight of Bangladeshi workers in Malaysia

2007-08-19 00:00:00

THE plight of those seeking jobs abroad is an old story. The jobseekers are, in most cases, either cheated by recruiting agencies or manpower agents at home or employers abroad. A good number of these jobseekers lose everything in the...

Bay Initiative: Will delayed take-off bring meaningful gains?

2007-08-19 00:00:00

Shahiduzzaman KhanThe 15th Trade Negotiation Committee (TNC) meeting of the BIMSTEC is expected to be held in Dhaka next month to prepare a ground for signing free trade agreement (FTA) by the leaders of the member countries in the upcoming...

Interest risk management by the banks

2007-08-19 00:00:00

Ahmed Showkat MasudWHEN interest rate changes in the money market, bankers face interest rate risk. Banks' revenue comes from interest income from investment activities. Their expenses are incurred to meet interest cost on deposits. Interest rate changes in the money...

The steamrollers of climate science

2007-08-19 00:00:00

Clive CrookALMOST from the beginning, critics have attacked the Bush administration for the way it has dealt with science. In many areas - and emblematically in the case of climate change - well-qualified accusers have complained that the White House...

Uttara traffic jam

2007-08-19 00:00:00

IT is incredible that in a modern city and in one of its so-called elegant sections, traffic flow can come to a standstill for nearly 11 hours. But that was what happened last Wednesday at Uttara when thousands and thousands...

Real estate sector in dire straits

2007-08-19 00:00:00

THE drop in sales of plots and apartments to a significant extent, as reported in recent days by the media quoting the figures of the Real Estate and Housing Association of Bangladesh (REHAB), reflects a state of great unease in...

Hillary Clinton in the Right's crosshairs

2007-08-19 00:00:00

Bill Berkowitz from OaklandWhile Democratic candidates are battling it out for their party's 2008 presidential nomination, conservative partisans have been gearing up to take down the frontrunner, Senator Hillary Clinton.In the 2004 presidential campaign, the term "swiftboating" came to describe...

Biofuel seen as booster for poor farmers

2007-08-19 00:00:00

Abid Aslam from WashingtonThe world's rural poor could benefit from a boom in fuel wrung from crops, despite worries that an accompanying surge in food prices could result in more hunger, say environmental and food experts.But for the poor to...

Singapore and Iraq -- Contrasts in water management

2007-08-19 00:00:00

Thalif DeenAs the world faces new threats of water scarcity, triggered by phenomena like global warming and bio-energy demands, Singapore and Iraq have been singled out as two political extremes in water management.Singapore, the tiny city-state of 4.5 million people,...

How oil majors can thrive in an age of state monopolies

2007-08-19 00:00:00

Pierre Noël ON July 13, Gazprom, the Russian state-controlled gas company, and Total, the French oil and gas major, announced they had signed an agreement to operate in developing the Shtokman gas field in the Russian waters of the Barents...

US signals opposition to APEC membership expansion

2007-08-19 00:00:00

WASHINGTON, Aug 18 (AFP): The United States signalled Thursday opposition to any immediate expansion of the 21-member Asia-Pacific Economic Cooperation (APEC) forum, ahead of upcoming summit talks on the sensitive issue. "Our view right now is that we would like...

3m borrowers to benefit from Pak micro-credit facility

2007-08-19 00:00:00

ISLAMABAD, Aug 18 (APP): Prime Minister Shaukat Aziz yesterday said the government has envisaged extending the coverage and outreach of micro-finance facilities from the present one million to three million borrowers till 2010 as part of its poverty reduction strategy.He...

Law firm poised to play key role in expanding US-China business ties

2007-08-19 00:00:00

LOS ANGELES, Aug 18 (CEIS): In its effort to play a key role in the ever expanding business and commercial activities between the United States and China, the Law Offices of Steve Qi &Associates opened a new office here Thursday....

ECOWAS countries urged to adopt sound agri policies

2007-08-19 00:00:00

NAIROBI, Aug 18 (Xinhua): Agriculture, rural development, environmental protection and the management of natural resources have been identified as some of the major issues which when tackled properly, would help boost development in the Economic Community of West African States...

Overseas banks in China record sharp business growth

2007-08-19 00:00:00

BEIJING, Aug 18 (Xinhua): Overseas banks incorporated in China's mainland have mostly recorded sharp growth in both business scales and profits, according to their newly released half-year reports. HSBC's deposits and total assets in China's mainland rose 50 per cent...

Outcry in India over Nokia phones

2007-08-19 00:00:00

NEW DELHI, Aug 18 (AFP): The world's leading mobile phone maker Nokia pleaded for calm in India yesterday as thousands of anxious customers sought free replacements for potentially defective batteries made in Japan. Police laid on extra security at one...

Govt may seize Australian ports, PM warns states

2007-08-19 00:00:00

SYDNEY, Aug 18 (AFP): Australian Prime Minister John Howard today warned state governments he would seize control of the nation's ports unless they implemented reforms to reduce backlogs. The government says exports have been hurt by delays at key ports,...

Japan likely to leave interest rates on hold

2007-08-19 00:00:00

TOKYO, Aug 18 (AFP): The Bank of Japan (BoJ) is likely to leave interest rates on hold when it meets next week because of continued uncertainty about the US economy, a news report claimed yesterday, "BoJ policymakers have no choice...

ADB offers $300m loans to road project in China

2007-08-19 00:00:00

BEIJING, Aug 18 (Xinhua): The Asian Development Bank (ADB) is giving a loan of 300 million US dollars to fund development of a road network in southwest China's Guangxi Zhuang autonomous region. The Western Guangxi roads development project, which will...

Metals slump, oil rises amid market volatility

2007-08-19 00:00:00

LONDON, Aug 18 (AFP): Metals prices plunged this week as traders sold heavily investments in gold and copper owing to fears of a global economic slowdown caused by the ongoing US housing crisis. But a move Friday by the US...

India’s inflation falls to 4.0pc on lower food prices

2007-08-19 00:00:00

NEW DELHI, Aug 18 (PTI): Lower prices of essential food items, particularly vegetables and fruits, pulled down inflation to a one-and-half-month low of 4.05 per cent for the week ended August 4, compared to 4.45 per cent in the previous...

Oil prices rebound, London back above 70 dollars

2007-08-19 00:00:00

NEW YORK, Aug 18 (AFP): Oil prices rebounded yesterday on news of US Federal Reserve action to ease a credit crunch and a major hurricane plowghing toward the Gulf of Mexico, home to critical energy installations. New York's main futures...

Chinese aluminium maker to invest $400m in India

2007-08-19 00:00:00

YINCHUAN, Aug 18 (PTI): China's second largest aluminium maker Qingtongxia Aluminium Group will make the country's biggest investment so far in India by pumping in USD 400 million in a joint venture in Gujarat to produce alumina, senior Chinese officials...