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Five injured in clash over dowry

2007-07-15 00:00:00

Bangladesh Telecommuni-cation Regulatory Commission (BTRC) now works on Saturdays to clear backlogs while the authorities have also provisioned extra allowances to stimulate its underpaid workforce, reports bdnews24.com."We have been working extended hours. Yet we cannot catch up," Chairman Manzurul Alam...

Two terrorists arrested with four firearms in Gazipur

2007-07-15 00:00:00

GAZIPUR, July 14 (UNB): The members of Rapid Action Battalion (RAB), in separate drives, arrested two listed terrorists and seized a revolver and ammunition in the district Friday.On information, a team of RAB arrested Ismail (31), from Gopalpur at Tongi...

Newsman awarded to five years imprisonment

2007-07-15 00:00:00

BRAHMANBARIA, July 14 (UNB): A newsman was sentenced to five years imprisonment by a Speedy Trial Tribunal here Thursday for taking bribe.Judge Mahmudul Alam also fined newsman Abdullah Al Hridoy Tk 5,000, in default, to suffer six months RI more.Assistant...

Daring bank dacoity in Joypurhat, 4 injured

2007-07-15 00:00:00

JOYPURHAT, July 14 (UNB): A daring dacoity was committed at Grameen Bank, Barail branch, at Khetlal Upazila Friday.Sources said a gang of bandits entered into the branch building and residential rooms cutting window grills and they beat branch manager Anwar...

Two killed in road mishap

2007-07-15 00:00:00

LAXMIPUR, July 14 (UNB): A three-wheeler tempo driver, who was injured in a road accident, died at Sadar Hospital Friday.Police said a speeding truck hit the tempo near Jhumur Cinema Hall in the town Thursday leaving its driver Yusuf (24)...

NU student killed

2007-07-15 00:00:00

COMILLA, July 14 (UNB): A BBA first-year student of the Northern University (NU) was killed in the town of Comilla Saturday.The deceased was identified as Imtiajuddin Shuvo, son of former chairman of Daudkandi Pourashava Nasiruddin Ahmed. Sources said Touhid, one...

Income tax in the Finance Ordinance 2007

2007-07-15 00:00:00

M. A. Baree, FCAFinance proposals made by the Finance Adviser has been approved by the Hon'ble President on 28 June 2007 and from 01 July 2007 it is known as Finance Ordinance 2007. It incorporates numerous changes and amendments to...

Bernanke explains Fed stance on inflation

2007-07-15 00:00:00

Krishna Guha BEN Bernanke offered a subtle explanation of the way the Federal Reserve views core and headline inflation in a recent speech to the National Bureau of Economic Research.The Fed chairman's remarks came amid debate in the market over...

US to haul China to WTO over industry subsidies

2007-07-15 00:00:00

WASHINGTON, July 14 (AFP) : The United States will haul China into the World Trade Organisation (WTO) for a formal hearing on industrial subsidies that US officials said violated global trading rules, officials said. The request for a WTO dispute...

WTO rules against Japanese duties on S Korean chip imports

2007-07-15 00:00:00

GENEVA, July 14 (AFP): The World Trade Organisation (WTO) yesterday ruled that Japan's punitive tariffs on imports of semiconductors made by South Korean firm Hynix were illegal. In a ruling released on the WTO's website, a dispute settlement panel set...

Indian inflation up 4.27pc as vegetables prices soar

2007-07-15 00:00:00

NEW DELHI, July 14 (PTI): Costlier food items such as vegetables pushed up inflation to 4.27 per cent for the week ended June 30, but analysts say the Reserve Bank is unlikely to raise borrowing costs as the price index...

ADB to help create 20-year 'special fund' for Pakistan

2007-07-15 00:00:00

ISLAMABAD, July 14 (APP): The Asian Development Bank (ADB) has decided to help create a 20-year 'special fund' for Pakistan aimed at extending a long-term source of funds for capacity building initiatives of various stakeholders including government organisations, regulatory authorities,...

Pacific economic ministers reaffirm support for regional economic integration

2007-07-15 00:00:00

CANBERRA, July 14 (Xinhua): The 11th Pacific Island Forum's economic ministers meeting has reaffirmed their responsibility to provide leadership on regional economic integration, Australian Broadcasting Corporation (ABC) radio reported yesterday. At the meeting, which was held in the Pacific island...

Chinese-sponsored economic zone debuts in Russia

2007-07-15 00:00:00

HARBIN, July 14 (CEIS): The first phase of a Chinese-funded economic and trade cooperation zone that has gone into operation in Russia's Far East will simplify trade procedures and provide mutual benefits. The zone, located in the city of Ussuriysk...

MDGs slow in S Asian nations

2007-07-15 00:00:00

KATHMANDU, July 14 (Xinhua): The efforts of South Asian countries in attaining achievements stated in the millennium development goals (MDGs) are slow, revealed the South Asia MDGs report, Nepali National News Agency, RSS reported today. The report released by the...

US may issue tougher safety rules for imports

2007-07-15 00:00:00

WASHINGTON, July 14 (Xinhua): The US Consumer Product Safety Commission is preparing regulatory proposals that could mandate broader inspections of imports and impose stiffer penalties for those who ignore the safety rules, The New York Times reported yesterday. Importers and...

China most attractive retailing investment market

2007-07-15 00:00:00

SHANGHAI, July 14 (CEIS): An investigation of the world's famous consultancy company AT Kearney shows that China has become one of the most attractive rising retailing investment market in the world. In 2007, China was only secondary to India and...

Iranian president faces critics on economy

2007-07-15 00:00:00

TEHRAN, July 14 (AFP): Iranian president Mahmoud Ahmadinejad has received a group of 50 economists who criticised his economic policies for fuelling inflation and hurting the poor, media reports said yesterday. Eight ministers, the central bank governor and several of...

Brent oil price spikes close to record $78

2007-07-15 00:00:00

LONDON, July 14 (AFP): World oil prices surged this week as speculators rushed into the market amid tight American fuel supplies, driving London's Brent crude within grasp of a new record high. Many commodities won support from the falling US...

US retail sales fall

2007-07-15 00:00:00

WASHINGTON, July 14 (AFP): US retail sales-a crucial driver of economic growth-fell by the biggest margin in almost two years in June as American consumers cut their spending amid a persistent housing slump, the government said yesterday. The Commerce Department's...

Dollar falls as US retail sales tumble

2007-07-15 00:00:00

NEW YORK, July 14 (AFP): The dollar lost value against other world currencies Friday after a government report revealed a surprise decline in US retail sales last month. The report, which showed a 0.9 per cent drop in retail sales...

Highly skilled immigrants can't get work

2007-07-15 00:00:00

SAN FRANCISCO, July 14 (AP): In Peru, Ines Gonzalez-Lehman directed a 14-person marketing team at a high-tech firm. After marrying an American and immigrating legally to the U.S., she found herself making copies and answering phones at the bottom of...

Gas prices rise, energy futures mixed

2007-07-15 00:00:00

NEW YORK, July 14 (AP): Gasoline prices extended their advance at the pump Friday, while gas futures fell again on a growing sense that supplies are catching up to demand. Oil futures, meanwhile, jumped more than $1 to new 11-month...

China fights back, goes after US meat

2007-07-15 00:00:00

BEIJING, July 14 (AP): China has suspended imports from several major U.S. meat processors, including the world's largest, in the latest indication the government may be retaliating as its products are turned back from overseas because of safety concerns. Frozen...

Oil prices push closer to all-time highs

2007-07-15 00:00:00

NEW YORK, July 14 (AFP): Crude oil futures raced closer to all- time record highs yesterday as speculative buying picked up amid tight US fuel supplies, analysts said. New York's main oil futures contract, light sweet crude for delivery in...

Foreign Adviser advocates need for trans-boundary water management

2007-07-15 00:00:00

Foreign Adviser (FA) Iftekhar Ahmed Chowdhury said in the city Saturday that trans-boundary management of waters between Bangladesh and India was relevant and important since the two friendly countries were dependent on the Ganges waters, reports BSS."This dependency positioned by...

Instant end to anarchic situation proves justification of 1/11

2007-07-15 00:00:00

The instant disappearance of protracted political conflicts and 'anarchic situation' justified the proclamation of emergency paving ways for installation of the reconstituted interim government, a leading jurist and political analyst said Saturday, reports BSS."The 1/11 was an inevitable or unavoidable...

Ivory Coast likely to open diplomatic mission in city

2007-07-15 00:00:00

DAOUKRO (Ivory Coast), July 14 (BSS): Ivory Coast is expected to open its diplomatic mission in Bangladesh after peace is restored here through the upcoming election scheduled to be held in next January. "Now our mission in New Delhi works...

Subid Ali sees reforms in govt organs more urgent

2007-07-15 00:00:00

Awami League (AL) advisory council member Subid Ali Bhuiyan welcomed the army chief's seven-point recommendation, which he said would eliminate corruption. The retired army officer made his comments to journalists who gathered at his Old DOHS residence in the city...

Speakers laud CG for reforming important bodies

2007-07-15 00:00:00

NEWYORK, July 14 (BSS): Speakers at a seminar here Friday praised the caretaker government for giving institutional shape to important bodies of the republic keeping good governance in view.Bangladesh Journalists' and Writers' Association of America organised the seminar, chaired by...