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science briefing :

2008-06-05 00:00:00

Clive Cookson, FT Syndication ServiceIce age 'trigger' threatens climateThe climate could be even more vulnerable to the release of greenhouse gases than scientists thought, according to a report in the journal Nature.The most severe ice age in history, a period...

12 rebels killed in India's northeast: police

2008-06-05 00:00:00

GUWAHATI, (India), June 4 (AFP): At least 12 separatist rebels were killed and one injured Wednesday in a shoot-out between rival groups in India's insurgency-hit northeastern state of Nagaland, police said. he two armed factions of the National Socialist Council...

CPD warns of increase in cost of doing business

FE Report | 2008-06-05 00:00:00

The government should hike prices of petroleum products in phases, local private think-tank, CPD, said Wednesday, calling for interventions to lessen the "relative impact" on the transport sector."The government adjusted oil prices in April 2007, although diesel subsidies continued," executive...

Asian markets end mixed

2008-06-05 00:00:00

SHANGHAI, June 4 (AP): Asian markets were mixed Wednesday as regional news outweighed the impact of an overnight decline on Wall Street. Tokyo and most other major markets advanced, while losses in telecoms shares pulled Hong Kong and mainland Chinese...

Money exchange business at stake

2008-06-05 00:00:00

The growing money exchange business is at stake as the Indian High Commission (HC) and some other foreign missions have introduced new rule, reports UNB.According to sources, the Indian HC has introduced rule that Bangladeshi applicants for visa are to...

Future of Dhaka city

2008-06-05 00:00:00

DHAKA, a mega city, would acquire the new status of 'meta' city as its population is set to increase to 20 million or more by 2020, according to discussions at a recent seminar. But somehow, Dhaka is a poorly planned...

Brazil to seek payback from US after WTO win over cotton

2008-06-05 00:00:00

BRASILIA, June 4 (AFP): Brazil confirmed yesterday it will use a victory against the United States over cotton subsidies in the World Trade Organisation (WTO) to demand pay-back in other areas."Brazil will make use of this power to demand compensation...

Oil prices fall in Asia on Fed chief's comments

2008-06-05 00:00:00

SINGAPORE, June 4 (AFP): World oil prices fell in Asian trade early today in reaction to US Federal Reserve chairman Ben Bernanke's comments about inflation, dealers said.In early morning trade, New York's main contract, light sweet crude for July delivery...

DSE turnover hits near Tk 5.0 billion-mark

FE Report | 2008-06-05 00:00:00

The total turnover neared Tk 5.0 billion-mark Wednesday for the first time on Dhaka Stock Exchange (DSE) with stock prices gaining for the second straight day led by rally of bank and IT shares.On the back of huge transaction of...

Australia promotes eco-friendly toilets, food security on WED in Bangladesh

2008-06-05 00:00:00

In the spirit of promoting and protecting the environment as well as ensuring improved sanitation for rural dwellers, Australian High Commission has given a cheque of Tk 0.77 million (7.7 lakh) to the Society for Peoples' Actions in Change and...

EXIM Bank holds clients'get-together

2008-06-05 00:00:00

EXIM Bank Limited organised a clients' get-together for the clients of Bogra region at Bogra recently.Director of the bank Md Abdul Mannan was present at the function as the chief guest while Managing Director Kazi Masihur Rahman presided over it,...

city events

2008-06-05 00:00:00

Nasrin SA drubs Abdul Hadi Lane 9-0Riding on a hattrick by Farhad, Nasrin Sports Academy drubbed Abdul Hadi Lane Jubo Sangha by 9-0 goals in a East Zone match of the Metropolis Pioneer Football League at Jagannath Hall University ground...

Video shop bombing kills 3 in Pakistan

2008-06-05 00:00:00

PESHAWAR, June 4 (Agencies): A bomb explosion ripped through a video shop in a business centre of northwest Pakistan Wednesday, killing three people and wounding three, police said. The blast came as investigators probed who was behind a car bomb...

BNP's Dhaka city committee dissolved

2008-06-05 00:00:00

The Dhaka city committee of the crisis-ridden BNP has been dissolved, reports UNB.Secretary General Khandker Delwar Hossain dissolved the committee Wednesday as its president, secretary and some members and officials were involved in activities against the party's interest and discipline,...

Call rate eases, dollar stable

FE Report | 2008-06-05 00:00:00

The inter-bank call money rate eased slightly Wednesday with injection of fresh cash into the market. The US dollar, however, maintained its stable nerve against Bangladesh taka (BDT) in the inter-bank foreign exchange market that experienced steady demand for the...

India-Dubai trade touched $19b in 2007

2008-06-05 00:00:00

DUBAI, June 4 (PTI): Non-oil trade between India and Dubai hit a record USD 19 billion in 2007, a 74 per cent increase over the previous year's figure of USD 10.9 billion.Indian Consul General Venu Rajamony told reporters here Monday...

UN increases food aid by $1.2b

2008-06-05 00:00:00

The UN is to provide an additional $1.2bn (

McCain, Obama plunge into 5-month general election

2008-06-05 00:00:00

WASHINGTON, June 4 (Agencies): Change is coming, that much Sens. John McCain and Barack Obama agree on as they plunge into a five-month campaign for the White House. The primaries behind them, the presidential rivals were wasting no time drawing...

Nepal grants summer palace home for deposed king

2008-06-05 00:00:00

KATMANDU, June 4 (AFP): Nepal's government said Wednesday it will allow the deposed king to live in a summer palace northwest of the capital after the Himalayan nation abolished the centuries-old monarchy last week. The Cabinet decided to allow former...

America needs the United Nations

Mark Mazower | 2008-06-05 00:00:00

IN the run-up to a presidential election, US intellectuals compete hard to shape the foreign policy agenda. The race for the White House is a terrific incentive to find a new doctrine for a new administration. This time there is...

East and west must resist the siren call of protectionism

John Plender | 2008-06-05 00:00:00

SINCE mid-March equity markets have been driven by cheery folk who can see their way through the murk of today's financial trauma to the sunlit uplands beyond. One of the more powerful props to their optimism is a belief that...

High food prices not originating from emerging economies:India

2008-06-05 00:00:00

ROME, June 4 (PTI): India Wednesday said there is no evidence to suggest that higher global food rates are originating from emerging economies and pointed out that additional demand for commodities such as maize for production of bio-fuels had had...

sports digest

2008-06-05 00:00:00

Kapil's Devils to mark 25-yr of WC winNEW DELHI, June 4: India's only World Cup winning cricket team will gather in London later this month to celebrate the 25th year of arguably the country's greatest sporting triumph. It was on...

WTTC, CSI stage world-class tourism summit in Dubai

FE Report | 2008-06-05 00:00:00

The World Travel and Tourism Council (WTTC) concluded Global Travel and Tourism Summit in Dubai recently aided by official summit coordinator Congress Solutions International (CSI).The summit was held under the patronage of Sheikh Mohammed bin Rashid Al-Maktoum, prime minister and...

World Environment Day today

2008-06-05 00:00:00

The World Environment Day will be observed in the country today (Thursday) as in other parts of the world amid growing concern over climate change, reports BSS.The day is very significant for Bangladesh due to its vulnerability to natural disasters...

Warne rules out Test comeback

2008-06-05 00:00:00

SYDNEY, June 4 (AFP): Australian spin legend Shane Warne said Wednesday he was "happily retired from Test cricket and had no intention of staging a dramatic comeback.Warne was responding to speculation that he would be tempted back into bamboozling the...

Needed more public universities

Enamul Haque | 2008-06-05 00:00:00

A total of 13 public universities in the country are proving absolutely inadequate to cater to the growing student population. In sharp contrast, one is reminded that the number of private universities has swelled to 52. Traditionally, the public universities...

Bernanke warns weak dollar may fuel inflation

2008-06-05 00:00:00

WASHINGTON, June 4 (AFP): Federal Reserve chairman Ben Bernanke, in unusually sharp comments on foreign exchange, said yesterday the central bank is "attentive" to the sagging dollar because of its potential impact on inflation.Bernanke, speaking via satellite to a monetary...

BB issues showcause notice on One Bank chairman

FE Report | 2008-06-05 00:00:00

The central bank Wednesday issued a showcause notice on the chairman of the One Bank Limited, Sayeed Hossain Chowdhury, for allegedly holding shares in fictitious names.It also asked the managing director of the bank for taking necessary measure to suspend...

commodities digest

2008-06-05 00:00:00

Less than 3.0pc of global armsbill can wipe off food crisisROME, June 4: More than 850 million hungry people around the globe can enjoy a better life if the world sets aside less than 3 per cent of what it...