Fiona Harvey and Ed CrooksFOR most of the past year, Sir Nicholas Stern has been touring the world to talk about climate change. His "rock star" tour, as the UK's environment secretary David Miliband terms it, came after the publication...
Ed Crooks World oil demand is rising faster than previously expected while non-Opec supply is growing more slowly, the International Energy Agency has said in its latest monthly assessment of the market. The rich countries' energy watchdog warned recently of...
WASHINGTON, July 7 (AFP): The US economy churned out 132,000 new jobs in June and created more than estimated in April and May, government data showed yesterday, signaling solid growth despite a struggling housing market. The unemployment rate held steady...
GENEVA, July 7 (AFP): Brazilian Foreign Minister Celso Amorim said yesterday that developing countries were largely on the same wavelength in deadlocked global trade talks. Amorim, a leading figure in the Group of Twenty (G20) group of emerging and developing...
GENEVA, July 7 (Xinhua): Business leaders attending a UN meeting here pledged yesterday to respect labour and human rights as well as environmental and anti-corruption standards in a wide-ranging declaration. At the second UN Global Compact Leaders Summit, top executives...
WASHINGTON, July 7 (AFP): The International Monetary Fund (IMF) executive board will meet Monday to consider the selection process for a successor to IMF chief Rodrigo Rato, a spokeswoman said yesterday. "There will be an informal meeting of the executive...
JAKARTA, July 7 (Xinhua): The Indonesian government was upbeat to achieve the economic growth target of 6.3 per cent this year despite little state spending in the first half of the year, an official said today. "The economy grew by...
BRUSSELS, July 7 (AFP): Despite a promise to step up France's role in the European Union, French President Nicolas Sarkozy risks riling Paris' partners in the eurozone Monday over his economic policies. True to his image as a whirlwind of...
WASHINGTON, July 7 (AFP): US Secretary of State Condoleezza Rice yesterday accused China of flouting the rules of global trade in its headlong economic expansion. "China doesn't play fair," she said in an interview with the financial news television network...
NEW DELHI, July 7 (AFP): India's inflation rate jumped by a surprise tenth of a percentage point, snapping ten straight weeks of decline, but remained at a 14-month low, official data showed yesterday. Inflation rose to 4.13 per cent for...
Siddique Islam The country's overall balance of payments (BoP) continued to be in surplus during the first 10 months of the fiscal 2006-07 mainly due to improvement in both current and capital accounts. The current account balance recorded a surplus...
A Z M AnasThe Bangladesh Bank (BB) is drafting a "groundbreaking" law aiming to give the legal coverage to the millions of migrant workers who send home a sizable chunk of remittances annually.A team of local and international experts at...
Jasim Uddin Haroon The turnaround time of vessels at the country's premier Chittagong port rose and container handling fell in June due mainly to inclement weather.The vessels stay time in June averaged 3.60 days against 3.48 days in May last.But...
FE ReportShops, shopping malls, markets and business establishments will, from now on, remain open until 8:0pm across the country.The interim government has extended the closing time limit for the shops, markets and business houses by one hour, aiming to accelerate...
BNP standing committee member RA Gani Saturday disagreed with secretary general Abdul Mannan Bhuiyan's way of announcing proposals to reform the party, reports UNB.Talking to reporters at his residence, Gani said Bhuiyan could have placed his reform proposals to the...
Awami League presidium member Begum Matia Chowdhury Saturday said the practice of democracy sans two top leaders-Sheikh Hasina and Khaleda Zia -- is a "misconception", as crosscurrents kept surfacing in the current process of political reforms, reports UNB.Talking to reporters...
FE ReportSiemens Bangladesh Ltd celebrated Saturday its 50-year anniversary in Dhaka with a commitment to support Bangladesh with its cutting-edge technologies, high-quality products and rich experience.Siemens activities in Bangladesh focus on developing the infrastructure in the country, with Bangladeshi partners...
M Azizur RahmanThe Ministry of Civil Aviation and Tourism has sought help from the Ministry of Finance to rid the national flag carrier - Biman Bangladesh Airlines - of its huge debt of over Tk 15 billion to the state-owned...
A big garment factory burned down in a terrible fire at Malibagh Chowdhurypara apparel hub in the capital Saturday, as a combined combat proved futile in controlling the blaze, reports UNB.Officials and witnesses said six people, including two firefighters, were...
CHAPAINAWABGANJ, July 7: An official committee submitted its report on Nachole incident Saturday but the findings had not been disclosed. Three-member committee headed by additional district magistrate Mustafizur had probed into the Wednesday's ransack and ablaze of UNO office by...
NARAYANGANJ, July 7: Garment workers put barricades on Dhaka-Sylhet highway at Rupashi in Rupganj Upazila Saturday, demanding their outstanding salaries and overtime bills. Witnesses said the workers of Shikder Apparels blocked the road as its management did not pay the...
The land depression over West Bengal and adjoining area moved westwards and was lying over Bihar and adjoining area as a land depression Saturday noon. It is likely to move in a northwesterly direction further through land. "Steep pressure gradient...
FE ReportThe high powered committee on fertiliser price will sit on July 11 to finalise their recommendations on the proposed price hike of urea and with its assessment of the impact of the hike on the farming level.The committee had...
FE ReportOfficials from the UN member states will gather Tuesday in the Belgian capital of Brussels to shed new light on how migration could contribute to development.The Global Forum on Migration and Development, first of its kind, will be held...
Naim-Ul-Karim The government is actively considering to set up two new urea fertiliser factories with a production capacity of about 850,000 metric tonnes (MT) at an estimated cost of about Tk 50 billion, sources said.They said the projects for setting...
FE Report The Ministry of Finance (MoF) has asked the Ministry of Communications (MoC) to rationalise the road tax on vehicles taking into account the luxury cars like BMW, Lexus and Mercedes Benz, official sources said.It has made the recommendation...
FE Report An inter-ministerial meeting will be held on July 10 at the Ministry of Commerce (MoC) to discuss the proposed consumer protection act. Earlier, the MoC sent the consumer protection act of 2006 to the Council of Advisers to...
FE Report The country has made payment of US$380 million to the Asian Clearing Union (ACU) for the May-June period of the current year. Following this payment, the foreign exchange reserve stood at $4.73 billion Thursday last against $5.13 billion...
BARISAL, July 07 (UNB): Hilsha exporters of the region apprehended that they, as well as the importers, would have to count a whopping loss following the ban on export of the fish for next six months. "Both the local exporters...
Dacoits introducing them as RAB members entered into a gold trader's house and took away cash and gold ornaments worth about Tk 2.2 million at Bhagalpur Road in Hazaribagh area in the city Friday night, reports UNB.Inmates of the house...
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