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Too parochial for empire

2007-11-22 00:00:00

John Brown As I write, on a cloudy Washington afternoon, my "Bush's Last Day Countdown Keychain" tells me there are 433 days, 11 hrs, 50 minutes and 41.3 seconds left before our 43rd president leaves office. Like other citizens concerned...

Mexicans jittery about raids, deportations

2007-11-22 00:00:00

Diego Cevallos from Mexico cityPanic has taken hold of the six million Mexicans who live in the United States without residence permits, because of the ongoing crackdown on "illegal aliens", which has involved an increasing number of raids and deportations.The...

Deadly Staph germs may be cured by old, $1-a-day antibiotics

2007-11-22 00:00:00

Michael JanofskyGeneric, World War II-era antibiotics may become the newest weapon of choice in the fight against deadly, drug-resistant staph germs. Physicians funded by the U.S. government are mounting two studies of drugs costing less than $1 a day to...

Call for quick conclusion of global trade talks

2007-11-22 00:00:00

GENEVA, Nov 21 (Xinhua): World Bank President Robert Zoellick urged World Trade Organisation (WTO) members yesterday to bring a quick conclusion to the Doha round trade talks that aim to promote development through opening trade. Addressing a WTO high-level meeting...

C'wealth business forum opens with ‘trade romotion’ high on agenda

2007-11-22 00:00:00

KAMPALA, Nov 21 (Xinhua): Ugandan President Yoweri Museveni opened a three-day Commonwealth business forum here Tuesday with promotion of intra trade and international trade high on agenda. The forum that attracted over 1,000 business executives from 30 of the 53...

East Asian leaders focus on free trade, emissions

2007-11-22 00:00:00

SINGAPORE, Nov 21 (Reuters): Asian leaders were meeting in Singapore today to discuss free trade, financial market stability and cutting greenhouse gases, after a Southeast Asian summit overshadowed by controversy over Myanmar. The Association of South East Asian Nations (ASEAN),...

EU unveils plan to modernise single market

2007-11-22 00:00:00

BRUSSELS, Nov 21 (Xinhua): The European Commission yesterday unveiled an ambitious plan to modernise the single market of the European Union (EU), aiming to break down remaining barriers for the benefit of consumers and small businesses. "Today's package puts consumers...

Oil hits record above $99 as dollar sinks

2007-11-22 00:00:00

SEOUL, Nov 21 (Reuters): Oil soared to record highs today, drawing within a hair's breadth of the $100 milestone as the US dollar plumbed new lows and the onset of cold US weather stirred anxiety over winter supplies. US light...

SoEs' divestment through stock market

2007-11-21 00:00:00

BARRING a few, most state-owned enterprises (SoEs) have been a major source of trouble for the government because of their poor financial performance. Volumes have been said and written about the high level of inefficiency, corruption and mismanagement in these...

Coping with life after the cyclone

2007-11-21 00:00:00

Syed Fattahul AlimAFTER the two floods in August and September, the month of November has brought still worse news for Bangladesh. Cyclone Sidr, the pelagic visitor from the Bay, which in Sri Lankan language means eye or hole, has laid...

New actors in the global economy

2007-11-21 00:00:00

Richard GnoddeTHE recent announcement of the Industrial and Commercial Bank of China's $5.5bn investment in 20 per cent of Standard Bank of South Africa was a milestone for Africa, and for China. The largest ever overseas investment by a Chinese...

Longing for a change in politics and governance

2007-11-21 00:00:00

Murad RezaTHE crisis and its deterioration which seemed to lead the country towards destruction, were the creation of the greed and the absence of proper values on the part of the wielders of state power. If a proper system devoid...

Ensure good prices to the growers

2007-11-21 00:00:00

FOLLOWING every foodgrain harvest, the government buys at a good price the surplus grains from the farmers. The official price is declared also for the main cash crop, jute. The government opens buying centres all over the country to buy...

Be competitive and don't blame globalisation

2007-11-21 00:00:00

GLOBALISATION, as the speakers at a recent seminar have noted, has hardly yielded benefits to countries like Bangladesh. It had exposed the nascent local enterprises to unfair competition and forced many of them to close down leading to considerable loss...

Taiwan blocks appointment of Chinese judge at WTO

2007-11-21 00:00:00

GENEVA, Nov 20 (Reuters): Taiwan blocked the appointment of China's first judge on the World Trade Organisation's highest court yesterday, in a surprise move likely to aggravate relations between the two rivals. The WTO dispute settlement body had been due...

World Bank encouraging 'responsible' Chinese lending in Africa

2007-11-21 00:00:00

BRUSSELS, Nov 20 (AFP): World Bank president Robert Zoellick said yesterday the development body was encouraging China to be a "responsible" lender in Africa amid European concerns about its growing role on the resource rich continent. "We are starting to...

EU unveils plan for European microcredit fund

2007-11-21 00:00:00

BRUSSELS, Nov 20 (AFP): The European Commission unveiled plans yesterday for a new fund to encourage microcredit or small loans popular in the developing countries, in Europe. EU Regional Policy Commissioner Danuta Huebner said the new fund would have about...

China hits back at US spying, trade accusations

2007-11-21 00:00:00

BEIJING, Nov 20 (Reuters): China has hit back at a US congressional panel report, calling its claims of trade manipulation and high-tech espionage by Beijing "insulting" and "misleading". The US-China Economic and Security Review Commission's annual report issued last week...

New grouping in Bhutan to boost sagging economy

2007-11-21 00:00:00

THIMPHU, Nov 20 (PTI): A new grouping of 14 Bhutanese companies, in which the government has full or partial stake, has been set up to provide critical support for the growth of private sector in the Himalayan nation. The Nu...

India, ASEAN hope to resolve differences on FTA

2007-11-21 00:00:00

SINGAPORE, Nov 20 (PTI): India and ASEAN hope to resolve differences over few issues which impede their much-awaited free trade agreement (FTA), as Indian Commerce Minister flies in here today for day-long talks with his counterparts. Differences continue over tariffs...

Inverse relationship between price and adulteration

2007-11-21 00:00:00

Maswood Alam KhanPRICES have spiralled up 14 per cent for flour, 13 per cent for soybean oil, 13 per cent for powdered milk and 7.0 per cent for sugar during the last two months, when there was ostensibly no visiting...

Iran could reach nuclear goal 'in a year'

2007-11-21 00:00:00

Daniel Dombey and James BlitzSEVERAL distinguished physicists and nuclear weapons experts say Iran is speeding up its nuclear programme and could develop enough material for a bomb well ahead of the 2010-2015 period estimated by western intelligence agencies.Speaking to the...

Rules of thumb for company managers

2007-11-21 00:00:00

Abu Naser BhuiyanBetter management practices are required in Bangladesh when our firms are more and more aspiring to be competitive at the global level. But many firms have not even started to realize the importance of practicing basic good management...

Failure to push Burma undermines Asean

2007-11-21 00:00:00

Amy Kazmin A top US trade official warned on Monday that "the credibility and reputation" of the Association of South-East Asian Nations has been undermined by the group's failure to push Burma's ruling generals into meaningful reforms.Susan Schwab, the US...

Iran virtually free of US dollar in oil revenues

2007-11-21 00:00:00

LONDON, Nov 20 (Reuters): Iran, at odds with the West over its nuclear programme, has effectively cut all ties with the dollar when it comes to oil revenues, a top Iranian oil official said yesterday. For nearly two years, OPEC's...

Pakistan releases opposition supporters

2007-11-21 00:00:00

ISLAMABAD, Nov 20 (AP): More than 3,000 people jailed under emergency rule have been released, the Interior Ministry said Tuesday, the latest sign that President Pervez Musharraf was rolling back some of the harsher measures taken against his opponents. Interior...

Olmert goes to Egypt ahead of confce

2007-11-21 00:00:00

SHARM EL-SHEIK (Egypt), Nov 20 (AP): Israeli Prime Minister Ehud Olmert flew to Egypt Tuesday to try to drum up support from reluctant Arab states for an upcoming Mideast peace conference, after failing to bridge gaps in a meeting with...

Diana might survive but for lost time

2007-11-21 00:00:00

LONDON, Nov 20 (AFP): Princess Diana may have survived her fatal Paris car crash in 1997 if French medical staff had not wasted precious time, a leading British surgeon indicated at her inquest Monday. Professor Thomas Treasure, a former president...

Voting opens in Jordan legislative elections

2007-11-21 00:00:00

AMMAN, Nov 20 (AFP): Polling stations opened under tight security across Jordan Tuesday in a parliamentary election focusing largely on economic woes. Nearly 2.5 million Jordanians, of which 49.5 per cent are women, have registered to choose from around 885...

Aussies wrap up Test series against Lankans

2007-11-21 00:00:00

HOBART, Nov 20 (AFP): Australia defeated Sri Lanka by 96 runs soon after lunch on the final day of the second cricket Test at Bellerive Oval here Tuesday. Australia wrapped up the series 2-0 after winning the first Brisbane Test...