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Why Democrats must choose Obama

2008-02-17 00:00:00

Clive Crook THE manager or the visionary. Hillary Clinton's own supporters -- the candidate herself, in speech after speech -- have cast the fight this way. Stirred emotions and soaring rhetoric are all very well, goes the line. If that...

Church backs leader over Sharia storm

2008-02-17 00:00:00

Jimmy BurnsCHURCH of England representatives rallied round the archbishop of Canterbury Rowan Williams after he publicly repented for the "distress and misunderstanding" caused by his stance on Islamic law. The spiritual leader of the world's 77m Anglicans provoked a political...

Polling station bombed in Pakistan as voting takes place tomorrow

2008-02-17 00:00:00

ISLAMABAD, Feb 16 (AP): Suspected militants bombed a polling station in northwest Pakistan Saturday, two days before parliamentary elections considered crucial to restoring democracy.More than a dozen bombs heavily damaged a partially constructed jail that was to be used for...

US ready to resume talks with Iran on Iraq

2008-02-17 00:00:00

PARIS, Feb 16 (Reuters): The United States (US) is ready to resume talks with Iran on improving security in Iraq, a senior US official said Friday, but he accused Tehran of arming and training radical Iraqi Shi'ite fighters. Tehran Thursday...

Conflicts not focus of Africa trip: Bush

2008-02-17 00:00:00

COTONOU, Benin, Feb 16 AP): President Bush said Saturday that while his trip to Africa is focused on success stories and not the conflicts roiling nearly every corner of the continent, his administration is actively engaged in resolving the turmoil...

India IT sector confident it can ride out global slowdown

2008-02-17 00:00:00

MUMBAI, Feb 16 (AFP): India's top information technology (IT) and outsourcing body said it is confident it can ride out the challenge of a stronger rupee and a global economic slowdown as it wrapped up its annual meeting here. India's...

Gunman's friendly exterior masked past

2008-02-17 00:00:00

DEKALB, Illinois, Feb 16 (AP): Steven Kazmierczak's quiet, dependable and fun-loving exterior masked troubling details from his past that emerged as a stunned community struggled to understand what caused the 27-year-old to open fire on a class at Northern Illinois...

Seven Palestinians killed in Israeli raid on Gaza Strip

2008-02-17 00:00:00

BUREIJ, Gaza Strip, Feb 16 (AFP): Seven Palestinians were killed and at least 50 wounded Friday night when Israeli warplanes launched a raid on a building in the Hamas-run Gaza Strip, medics and witnesses said. The Israeli aircraft targeted the...

Nearly 1,000 dead from cold snap in Afghanistan

2008-02-17 00:00:00

KABUL, Feb 16 (AFP): Nearly 1,000 people have died in heavy snowstorms and severe cold during the harshest winter to hit Afghanistan in 30 years, the disaster authority said Saturday. More 130,000 livestock have also died and hundreds of homes...

Oil surges, as platinum strikes record high

2008-02-17 00:00:00

LONDON, Feb 16 (AFP): Oil prices rose sharply this week back towards 100 dollars as the market focused on supply disruptions rather than forecasts of weaker energy demand resulting from a US economic slowdown. Elsewhere, platinum struck a fresh record...

Dollar slips on soft economic data

2008-02-17 00:00:00

NEW YORK, Feb 16 (AFP): The dollar traded mostly lower yesterday as traders soft US economic data and mulled generally downbeat comments a day earlier by Federal Reserve chief Ben Bernanke. The euro was quoted at 1.4683 dollars at 2200...

US food sales to Cuba hit new peak in 2007

2008-02-17 00:00:00

HAVANA, Feb 16 (Reuters): American producers sold $437.5 million in food to Cuba in 2007, a new peak in value despite Cuban complaints that the Bush administration is hindering trade. The main items were corn, chicken, wheat, soybean products and...

Indian inflation rate eases to 4.07 pc

2008-02-17 00:00:00

NEW DELHI, Feb 16 (PTI): Easing prices of food items like fruits, vegetables and pulses, and jet fuel helped cool inflation rate growth to 4.07 per cent for the week ended February 2. The wholesale price index-based inflation rate was...

IEA urges US to curb energy use

2008-02-17 00:00:00

WASHINGTON, Feb 16 (AFP): The International Energy Agency yesterday called on the United States to do more to curb energy use and fight global warming, saying pricing was the most important mechanism to curb demand. The world's biggest economy and...

Canada's fur trade route leads to Russia, China

2008-02-17 00:00:00

MONTREAL, Feb 16 (AFP): For 400 years, Canada sold most of its wild animal pelts to Europe but now Russia and China have become its biggest markets as their booming economies breed a wealth of fur fashionistas. "Now our biggest...

WHO takes aim at tobacco smuggling with new pact

2008-02-17 00:00:00

GENEVA, Feb 16 (Reuters): Nearly 130 countries have taken the first steps towards a new treaty to combat tobacco smuggling, blamed for higher consumption and up to $50 billion in lost tax revenues each year, officials said yesterday. The officials,...

Lay-off of Afil Jute Mill extended

2008-02-17 00:00:00

Our CorrespondentKHULNA, Feb 16: The lay-off of Afil Jute Mill has been extended for 15 days.Project Director of the mill Manowar Hossain said General Manager[Administration] of BJMC Md. Ziauddin sent a fax message on Thursday extending the lay-off for 15...

Ugandan leader urges Africa to boost coffee value

2008-02-17 00:00:00

KAMPALA, Feb 16 (Reuters): Uganda's president called yesterday for African coffee producers to process their own beans into finished products in order to increase profits. Farmers on the continent have long complained about disparities between the local prices they get...

Trade talks get farm boost, struggle in other areas

2008-02-17 00:00:00

GENEVA, Feb 16 (Reuters): A revised negotiating text on agriculture has brought World Trade Organisation (WTO) members closer to their goal of a deal by the end of the year to open up world trade, diplomats said yesterday. But negotiations...

Sri Lanka's trade deficit widens sharply on oil import costs

2008-02-17 00:00:00

COLOMBO, Feb 16 (AFP): Sri Lanka's trade deficit widened by nearly six per cent to 3.56 billion dollars in 2007, the central bank said Friday, as the island spent more to import fuel. Sri Lanka's imports jumped 10.2 per cent...

Emerging countries give mixed reaction to WTO ideas to break Doha deadlock

2008-02-17 00:00:00

GENEVA, Feb 16 (AFP): Developing countries yesterday welcomed WTO proposals to reduce barriers to farm trade but voiced reservations on those calling for a further opening of their own markets for industrial goods. The draft agreement on agriculture presented by...

Sino-Indian trade jumps by 76.7 pc in January

2008-02-17 00:00:00

BEIJING, Feb 16 (PTI): Sino-Indian trade surged by 76.7 per cent to USD 4.64 billion in January, making India China's ninth largest trade partner, the Customs authorities said. China is the second largest trading partner of India. Buoyed by the...

Lebanon central bank sees '08 inflation stable

2008-02-17 00:00:00

BEIRUT, Feb 16 (Reuters): Lebanon's central bank governor said yesterday inflation for 2008 should not exceed the five per cent of last year and forecast stable interest rates which may fall if the country's political crisis eases. Riad Salameh said...

Former adviser paints gloomy picture of ADP implementation

2008-02-17 00:00:00

The incumbent caretaker government will have to shoulder the responsibility of any economic condition poorer than what the so-called corrupt government had achieved before their departure, a discussion meeting was told in Dhaka Saturday, reports UNB."As per their own declaration,...

Pubali Bank likely to sign forex deal with cos

2008-02-17 00:00:00

FE ReportPubali Bank Managing Director (MD) said the bank is likely to sign foreign exchange deals with Bahrainian and Kuwaiti companies.He said this at the managers' conference-2008 of Dhaka central, Dhaka north and Dhaka south regions of Pubali Bank Ltd...

CAMMi level-3 for BIPL opens window for outsourcing revenue

2008-02-17 00:00:00

Ershad KhandkerBangladesh Internet Press Ltd (BIPL) received the capability maturity model integration (CAMMi) level-3 certification. Software Engineering Institute (SEI) of Carnegie Mellon University gives the recognition to institutions that are capable of showing a sustained adherence to a standard of...

IPDC introduces Auto Loan scheme

2008-02-17 00:00:00

FE ReportIndustrial Promotion and Development Company of Bangladesh Limited (IPDC) has introduced its Auto Loan scheme from today (Sunday). The Auto Loan programme was formally launched at a partnership programme, organised by IPDC at a city hotel Friday night.Senior officials...

SB holds branch managers'confce at Rajshahi

2008-02-17 00:00:00

FE ReportThe Rajshahi divisional branch managers' conference of the Sonali Bank Ltd's was held at Rajshahi recently, said a press release.Divisional General Manager Mahe Alam presided over the conference while its Chief Executive Officer (CEO) and Managing Director SA Chowdhury...

IBBL holds w'shop on balance sheet

2008-02-17 00:00:00

FE ReportIslami Bank Bangladesh Ltd (IBBL) held a workshop on 'Balance Sheet for the Members of Shariah Council and Muraquibs of the Bank' at the auditorium of Islami Bank Training and Research Academy (IBTRA) in the city Tuesday.IBTRA organised the...

Akiz Biri plant closed sine die

2008-02-17 00:00:00

Our CorrespondentKHULNA, Feb 16: Akiz Biri factory at Navaron of Jessore was closed sine die on February 14 due to labour unrest, sources said.A clash occurred inside the factory between two groups of workers of the factory following a trifling...