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Open FIDE Rating Chess Tournament begins today

2008-09-13 00:00:00

The 3rd Destiny 2000 Limited Open FIDE Rating Chess tournament, organised by Bangladesh Chess Federation, begins today (Saturday) at the Chess Federation hall room, reports UNB.This is an open event for all chess players. Interested players can enroll their names...

Chelsea reject Clarke resignation

2008-09-13 00:00:00

Chelsea have turned down Steve Clarke's resignation as assistant first-team coach following an approach by West Ham to take him to Upton Park, reports BBC.The Hammers appointed Gianfranco Zola as manager on Thursday and appear to want Clarke, 45, to...

SL Development XI score 376 for 6

2008-09-13 00:00:00

Riding on a Masmullah's brilliant century, Sri Lanka Development XI scored 376 runs for six wickets in 94 overs against visiting GP-BCB National Cricket Academy team in their 1st innings on the 3rd day of the 1st four-day match at...

Div II Football, Sadharan Bima beat Matuail Udoyon Sangsad

2008-09-13 00:00:00

Sadharan Bima KS beat Matuail Udoyon Sangsad by a solitary goal in a match of the Second Division Football League at the Bir Shreshtho Shaheed Sepoy Mohammad Mostafa Kamal Stadium at Komolapur in the city Friday, reports UNB.Biplob Kumar Ghosh...

Scolari rocked as Clarke quits

2008-09-13 00:00:00

LONDON, Sept 12 (AFP): Luiz Felipe Scolari has suffered his first major setback as Chelsea manager after amitting defeat in his battle to keep long-serving club servant Steve Clarke on his coaching staff.Clarke, who has been at Chelsea for over...

US missile strike kills 12 in Pakistan

2008-09-13 00:00:00

At least 12 people - mostly Taleban insurgents - have been killed Friday in north-west Pakistan in a suspected US missile strike, Pakistani officials say. It struck a home before dawn near Miranshah, the main town in the North Waziristan...

Russia prepares to start Georgia pullout

2008-09-13 00:00:00

POTI, Sept 12 (AFP): Russian troops prepared Friday to start a tentative pull-out from Georgia as Moscow vowed to strengthen its military after last month's war and turned its diplomatic fire on Ukraine. As the troops readied to move to...

Venezuela expels US envoy, threatens to cut oil

2008-09-13 00:00:00

CARACAS, Sept 12 (AFP): Venezuelan President Hugo Chavez expelled the US envoy to Caracas late Thursday and threatened to halt crude exports to the United States on a day he highlighted the recent arrival of two Russian Tu-160 strategic bombers....

Mid-East deal is far off : Abbas

2008-09-13 00:00:00

Palestinian leader Mahmoud Abbas has said peace talks with Israel have failed to reach any breakthrough, despite nine months of negotiations, BBC reports. "I can't say that even one issue has been agreed upon," Mr Abbas told Israel's Haaretz newspaper....

I'll quit after party election : Olmert

2008-09-13 00:00:00

JERUSALEM, Sept 12 (AFP): Prime Minister Ehud Olmert has stressed his determination to step down immediately after his centrist Kadima party holds its leadership election, Israeli public radio reported Friday. The vote will be on Wednesday, but would go to...

Two die in new Kashmir protests

2008-09-13 00:00:00

Two people have been killed and several injured as thousands of protesters held pro-independence rallies in Indian-administered Kashmir, police say. They say that protests have been held across the Kashmir valley. A curfew is in force in Shopian town where...

Thai parliament postpones vote on new PM

2008-09-13 00:00:00

BANGKOK, Sept 12 (AFP): The Thai parliament Friday postponed until next week a vote on whether to return Samak Sundaravej as prime minister after lawmakers from the ruling coalition failed to show up. "The meeting to vote for prime minister...

Warsaw hosts tense Russian talks

2008-09-12 00:00:00

Russia's Foreign Minister, Sergei Lavrov, has arrived in Warsaw for talks with his Polish counterpart and the country's prime minister. Talks are expected to focus on the war in Georgia and Russia's opposition to the installation of the US missile...

Japan to end Iraq mission

2008-09-12 00:00:00

TOKYO, Sept 11 (AFP):Japan said Tuesday it was ending an air mission in Iraq, wrapping up a military deployment which was historic for the pacifist nation but deeply unpopular at home. Foreign Minister Masahiko Komura said Japan planned by the...

Samak accepts Thai PM nomination

2008-09-12 00:00:00

Thailand's Samak Sundaravej has accepted his party's nomination as prime minister - two days after he was forced to quit the post. The People's Power Party said there was nothing in the constitution to stop them from choosing him again,...

N Korea 'builds new missile site'

2008-09-12 00:00:00

North Korea is close to completing a second launch site for long-range missiles, BBC reports. The existence of site, said to be 30 miles (50km) from the Chinese border, was made public by an independent analyst using satellite imagery. Reports...

Oil prices up in Asia on hurricane fears

2008-09-12 00:00:00

SINGAPORE, Sept 11 (AFP): World oil prices rose in Asian trade today as Hurricane Ike headed towards key energy facilities on the southern US coast, dealers said. New York's main contract, light sweet crude for October delivery, gained 70 cents...

Delays drive up Arcelor-Mittal's India project costs

2008-09-12 00:00:00

NEW DELHI, Sept 11 (AFP): Steel giant Arcelor Mittal said yesterday delays in obtaining approvals for its two Indian plants had pushed up costs by 50 per cent but the company was still committed to investing in the country. Arcelor...

Euro falls to fresh one-year low on recession fears

2008-09-12 00:00:00

TOKYO, Sept 11 (AFP): The euro fell to a fresh one-year low against the dollar in Asian trade today on renewed fears over the health of the European economy, dealers said. The euro slid to 1.3933 dollars in early Tokyo...

OPEC moves to keep oil price above $100

2008-09-12 00:00:00

VIENNA, Sept 11 (AFP): With oil prices falling below 100 dollars per barrel this week, oil producer group OPEC decided to cut production to prevent a further drop, despite an economic crisis in consumer countries. "It looks like they are...

Uzbekistan may double gas prices for Kyrgyzstan

2008-09-12 00:00:00

BISHKEK, Sept 11 (AFP): Kyrgyzstan may have to pay more than twice as much as the current price for gas imported from neighbor Uzbekistan, Kyrgyz Prime Minister Igor Chudinov told reporters today. "So far the contract with Uzbekistan has not...

EU sees lower Eurozone 2008 growth, higher inflation

2008-09-12 00:00:00

BRUSSELS, Sept 11 (Reuters): Eurozone economic growth will halve in 2008 from 2007 and inflation will be much higher because of financial turmoil, soaring commodity prices and housing market shocks, the European Commission said Wednesday.Updating its economic forecasts, the European...

China needs to take action to boost housing market

2008-09-12 00:00:00

BEIJING, Sept 11 (Xinhua): China's present depression of housing market has aroused great concern in the public, and people are debating about whether the government shall take action to bolster the market. Under the present cycle of economic slowdown, the...

Joblessness in Australia falls unexpectedly

2008-09-12 00:00:00

SYDNEY, Sept 11 (AFP): Australian unemployment fell unexpectedly in August to 4.1 per cent, its lowest level in five months, despite a slowing economy and rising prices, official figures showed today. Economists had widely expected the country's jobless rate would...

China enterprises face worsening living conditions

2008-09-12 00:00:00

BEIJING, Sept 11 (Xinhua): China's enterprises face worsening living conditions as production costs keep on rising while downstream prices fall. Latest official statistics show that the lopsided gap between PPI ( producer price index), which reflects production costs, and CPI...

US-China trade talks set for next week

2008-09-12 00:00:00

WASHINGTON, Sept 11 (Internet): The United States and China hold high-level trade talks in California next week amid tensions over the Asian power's massive export surplus and concerns about a slowing global economy.The meeting Tuesday will mark the 25th anniversary...

Fed Reserve auctions another $25b in loans to banks

2008-09-12 00:00:00

WASHINGTON, Sept 11 (AP): The Federal Reserve has auctioned another $25 billion in loans to squeezed banks to help them overcome credit problems.The central bank Wednesday released the results of its most recent auction. It's part of an ongoing programme...

Executives at state-run China firms risk bans for losses

2008-09-12 00:00:00

BEIJING, Sept 11 (AFP): Senior executives of major Chinese state enterprises may face permanent bans from management jobs if found responsible for severe losses during their tenure, state media reported. This is part of new rules from the assets supervision...

Election-monitoring bodies must be accredited to EC

2008-09-12 00:00:00

The election-monitoring organisations must get registered with the Election Commission (EC) for accreditation to observe the upcoming elections, EC secretary M Humayun Kabir said Thursday, as they prepared for calling the next polls, reports UNB."The EC has formulated a draft...

Upazila polls to be held soon: Anwarul Iqbal

2008-09-12 00:00:00

Local Government and Rural Development Advisor M Anwarul Iqbal Thursday reaffirmed government position that upazila election would be held shortly, although major political parties are over-eager for national polls first, reports UNB."Upazila elections, we hope, will be held soon under...