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weekly currency roundup

2007-12-08 00:00:00

Commercial Bank of CeylonDecember 02 - December 06, 2007The local call money market was almost stable in the past week. The average interbank call money rate drifted between 6.50 per cent and 6.65 per cent against 6.50 per cent and...

MSC clinch ‘best-of-three football’ title

2007-12-08 00:00:00

Mohammedan Sporting Club (MSC) clinched the "best-of-three football" title beating arch rivals Abahani Limited by 4-2 goals in tiebreaker in the third match at the Bangabandhu National Stadium Friday, reports UNB.The match rolled into tiebreaker after the stipulated time ended...

Bangladesh U-19 win one-day series

2007-12-08 00:00:00

Visiting Bangladesh Under-19 team upset Pakistan Under-19 team by two wickets in the 5th one-day match to clinch the five match series 3-2 Friday at the National Bank of Pakistan (NBP) ground in Karachi, reports UNB.Batting first, Pakistan U-19 team...

WI clinch series in Zimbabwe

2007-12-08 00:00:00

A record opening stand of 167 was not enough for Zimbabwe as Ruanko Morten helped the West Indies to a five-wicket win and a series-clinching 3-1 lead, reports BBC. Zimbabwe got off to the best of starts thanks to openers...

Rajshahi Div smell win against Barisal

2007-12-08 00:00:00

Runners up Rajshahi Division smell win against Barisal Division in the 7th round four-day match of the Ispahani Mirzapore Tea 9th National Cricket League as they require another 49 runs with 9 wickets in hand on the final day today...

Sports personalities named for National Sports Award-07

2007-12-08 00:00:00

Youth and Sports Adviser Tapan Chowdhury announced the names of 10 sports personalities for the National Sports Award for the year 2007, reports UNB. The Adviser announced the names at a press conference at his Ministry Thursday. The awardees included...

Rakib shares 2nd slot with 12 others in C'wealth Chess

2007-12-08 00:00:00

Grandmaster Abdullah Al Rakib jointly share the second slot with 12 players securing five points after the 6th round of the Commonwealth Chess Championship in New Delhi Thursday, reports UNB.Another two Bangladeshi GMs Niaz Murshed and Reefat Bin Sattar earned...

Tendulkar doubtful for final Test

2007-12-08 00:00:00

BANGALORE, Dec 7 (BBC): India's Sachin Tendulkar is a doubt for the final Test against Pakistan, which starts in Bangalore Saturday, because of a knee injury. Gautam Gambhir is standing by, although captain Anil Kumble said of Tendulkar: "His condition...

Pak opposition fails to reach deal on poll demands

2007-12-08 00:00:00

ISLAMABAD, Dec 7 (Reuters): Pakistani opposition parties have failed to reach agreement on demands to set the government to ensure their participation in next month's election, making a united opposition boycott increasingly unlikely. Former prime ministers Nawaz Sharif and Benazir...

Rice seeks Russian support on Iran

2007-12-08 00:00:00

BRUSSELS, Dec 07 (AP): Armed with the full support of North Atlantic Treaty Organisation (NATO) allies, Secretary of State Condoleezza Rice will try to convince a skeptical Russia that it should back US plans to step up pressure on Iran...

Space shuttle launch delayed until today

2007-12-08 00:00:00

CAPE CANAVERAL, Fla., Dec 7 (Reuters): NASA postponed Friday's launch of space shuttle Atlantis to resolve a fuel sensor problem and officials said it would be Saturday at the earliest before they tried again. It was the second time Atlantis'...

Many teachers know too little about poetry

2007-12-08 00:00:00

LONDON, Dec 7 (Reuters): Many teachers do not know enough about poetry, leaving their pupils with only limited experience of classic poems and verses from other cultures, school inspectorate Ofsted said Friday. Government-led initiatives to raise standards of basic literacy...

CIA videotapes destroyed: Hayden

2007-12-08 00:00:00

WASHINGTON, Dec 07 (AP): The Central Intellegence Agency (CIA) destroyed videotapes it made in 2002 of two top terror suspects because it was afraid that keeping them 'posed a security risk', Director Michael Hayden has told agency employees. Hayden's revelation...

UN hails US Senate climate steps over Bali confce

2007-12-08 00:00:00

NUSA DUA, Indonesia, Dec 7 (Reuters): The United Nations praised Thursday a step by a US Senate committee to cut greenhouse gas emissions in the world's top carbon emitter even as Washington reaffirmed opposition to mandatory caps. "That's a very...

Female suicide bomber kills 15 in Iraq

2007-12-08 00:00:00

BAGHDAD, Dec 07 (AP): A female suicide bomber detonated an explosives belt Friday outside the offices of an anti-al-Qaeda group that has joined forces with the US, killing at least 15 people, police said. It was Iraq's second suicide attack...

Earthquake shakes Japan island, felt in Tokyo

2007-12-08 00:00:00

TOKYO, Dec 7 (Reuters): An earthquake with a preliminary magnitude of 6 jolted a tiny island about 500 km (310 miles) south of Tokyo Friday, a Japanese government agency said. The quake, at 9:48 am (0048 GMT), was felt in...

Prodi narrowly wins Italy Senate confidence vote

2007-12-08 00:00:00

ROME, Dec 7 (Reuters): Italian Prime Minister Romano Prodi narrowly won a vote of confidence in the upper house of parliament on Thursday over a security package that would allow the expulsion of EU citizens deemed to be a danger...

China mine death toll rises to 105

2007-12-08 00:00:00

BEIJING, Dec 7 (AFP): The death toll from China's latest major coal mine disaster rose to 105 on Friday, the state- run Xinhua news agency reported. Twenty-six more bodies were recovered on Friday morning following a gas explosion at the...

Politicising anything, everything

2007-12-08 00:00:00

Enayet RasulFrom the first day of the tenure of the incumbent caretaker government, its leading lights have been stressing that they would not just preside over the holding of elections and nothing else. They took the people into confidence and...

Oil surge and the option of biofuel

2007-12-08 00:00:00

The yellow furnace in the basement of Richard Grady's Massachusetts home puts the retired engineer at the forefront of an environmental revolution. It's stoked by fuel derived from soybeans. Grady and a growing number of homeowners in the U.S. Northeast...

Scientists decode solar wind howl

2007-12-08 00:00:00

The solar wind, which whips off the sun and blows past Earth and through the solar system, is unleashed by powerful magnetic waves in electrically charged gas around the sun, scientists have said. The mechanisms that cause the solar wind...

Perils of global warming and search for green technology

2007-12-08 00:00:00

Syed Fattahul AlimAt the UN climate change conference in Bali scientists have again expressed their deep concern about the consequences of unchecked green house gas (GHG) emission which might lead to extreme conditions such as droughts, flooding and rise in...

The appeal of old books

2007-12-08 00:00:00

Shikder Sohana Ferdous Asif Mahmud, a student of Dhaka College, buys old books from Nilkhet. He argues that old books are cheaper and sometimes some precious books are found there."I've a passion for books," says Mahmud. "Old books are cheaper...

Two faces of the US subprime crisis

2007-12-08 00:00:00

One, the product of the best schools, was a trader at a large New York bank. The other switched sales jobs to the housing market. Both are among the thousands of Americans whose jobs have been swallowed up in the...

Asia is still vulnerable to external shocks

2007-12-08 00:00:00

Mohamed Ariff ASIA has experienced deeper economic integration and greater macroeconomic interdependence in the process of economic recovery. Empirical evidence suggests that Asia has become more "autonomous" in the sense that the long-run output variance is less influenced by global...

Asian developing countries to face water crisis unless they manage wastewater

2007-12-08 00:00:00

Gillian WongDeveloping Asian countries will face an unprecedented water crisis in as little as a decade if they are unable to better manage their supplies of the precious resource, a team of water experts recently reported.A study commissioned by the...

AIDS in India getting drug resistance

2007-12-08 00:00:00

T.K. RajalakshmiThe sounds of jubilation emanating from the corridors of India's health establishment following the publication this year of new estimates that show plummeting HIV and AIDS figures are leaving one Indian rather mystified.Mike Tonsing, an HIV-positive person who works...

Economic community to make ASEAN competitive in the global market

2007-12-08 00:00:00

Member countries of the Association of Southeast Asian Nations have agreed recently in Singapore on a blueprint to create the regional economic community by 2015. Although the agreement promises a stable, prosperous, and highly competitive region with equitable economic development,...

Mao's model farm prospers under market economy

2007-12-08 00:00:00

The sun is always red; Chairman Mao is the dearest. Thirty years after the Cultural Revolution, songs and slogans praising the late Chinese leader still resound in Dazhai, a village in the backwater of China's northern Shanxi Province and an...

Fiscal federalism, needs assessment for UK, or independence for Scotland?

2007-12-08 00:00:00

Iain McLean Alex Salmond, Scotland's first minister, says that he wants Scotland independent by 2017. Some English conservatives, headed by the commentator Simon Heffer, agree. The Union is dead, they say. Why keep it alive artificially, at the price of...