GENEVA, Aug 15 (Xinhua): Global economic and trade growth may slow down this year due to market risks and large trade imbalances, the World Trade Organisation (WTO) said in its 2007 annual report yesterday. "Risks in financial and property markets...
WASHINGTON, Aug 15 (AFP): The US trade deficit narrowed in June from the prior month, despite a politically sensitive record gap with China, as a weak dollar buoyed exports, the government said yesterday. The trade deficit shrunk 1.7 per cent...
LONDON, Aug 15 (AFP): Britain's 12-month inflation rate fell by the biggest amount in more than five years during July, data showed yesterday, relieving pressure on the Bank of England (BoE) to keep hiking interest rates. Sterling sank beneath 2.0...
BEIJING, Aug 15 (CEIS): China will launch a pilot project of medical insurance to cover 240 million urban residents outside the workforce this year, and all urban residents will become beneficiary of medical insurance by 2010, said a senior official...
SINGAPORE, Aug 15 (AFP): Oil prices rose today on concerns over a tropical storm building in the Atlantic and the potential danger posed to US energy facilities, dealers said. New York's main contract, light sweet crude for September delivery gained...
FE ReportA delegation of Dhaka Stock Exchange (DSE) led by its President Abdullah Bokhari met Finance, Commerce and Planning Adviser Mirza Azizul Islam Tuesday at the latter's office in the city. DSE President presented a crest to Finance Adviser at...
LONDON, Aug 15 (AFP): International rules to regulate the biofuel market should be devised and implemented, the head of the UN Food and Agriculture Organisation (FAO) said in a comment piece published on the Financial Times's website today. FAO Director-General...
TOKYO, Aug 15 (AFP): The yen rose sharply in Asian currency trading today, hitting four-month highs against the dollar and euro as turmoil on global markets prompted players to shun risky bets, dealers said. They said the dollar fell below...
SYDNEY, Aug 15 (AFP): Australia has agreed to sell uranium to India for use in nuclear power plants even though New Delhi has not signed the Non-Proliferation Treaty on atomic weapons, local media reported today. A condition of the deal...
GUIYANG, Aug 15 (CEIS): China shut down small thermal power plants with the installed capacity totaling 6.95 million kilowatts in the first half of the year, completing about 70 per cent of the pre-set goal in this regard in 2007....
YANGON, Aug 15 (AFP): Myanmar's military government secretly doubled key fuel prices early today, stranding bus operators and commuters across the country's economic hub Yangon as drivers struggled to tank up. Official media made no mention of the increase, the...
RIO DE JANEIRO, Aug 15 (Xinhua): Brazil's state-owned oil and gas company Petrobras announced yesterday that investments will total 112.4 billion US dollars in the 2008- 2012 period, up 28 per cent from 87.4 billion dollars foreseen in its 2007-2011...
FE ReportThere was an easier tone in the week's sale following less interest from all sections of the market. Pakistan buyers operated for clean good liquoring varieties particularly the Brokens whilst Internal Blenders and Packeters lent a fair support. Loose...
FLOOD relief and treating flood victims down with waterborne diseases like diarrhoea and cholera are grabbing all the attention at the moment of the camera and of those running relief operations in the affected districts. But now that the floodwater...
Syed Fattahul AlimBANGLADESH at this moment is facing the worst visitation by flood in many years. The flood has engulfed 38 districts, or 33 according to another estimate. It has affected about 10 million people, destroyed fishery resources worth Tk...
Cheryl PellerinDEADLY floodwaters finally are receding in rivers of the South Asian nation of Bangladesh. The weekslong deluge killed nearly 200 people and affected 12 million in 40 of 64 districts, according to the World Health Organisation, but the toll...
Amy KazminTHAILAND'S Supreme Court has issued a warrant for the arrest of Thaksin Shinawatra, the exiled former prime minister, and his wife Pojamarn, after the two failed to appear in court to stand trial on corruption charges.Judge Tonglor Choam-ngam declared...
FARSIGHTEDNESS, seasoned with magnanimity, in state management seems to be essential to keep up the wheel of economic progress moving. Frankly speaking, it is not desirable that the businessmen and other well-off people, who positively contribute to the economy through...
A scramble is noted among some politicians or political juniors -- who are thinking that they are above any reproach -- that they would be eminently suited to become leading figures to grace the political realm following the changes in...
Jo JohnsonCONFRONTED by the gravest crisis of his eight-year rule, Pervez Musharraf, Pakistan's president, faces an ever-shrinking menu of options. In recent weeks he has spent much of his time shut away in his military camp in Rawalpindi, surrounded by...
Md. Anwarul Kabir THE members of the generation who were mere children during our liberation war and who finished their major part of their schooling in the post-1975 era and the generation afterwards are deprived of the true history of...
Haig SimonianCOREY Billington's business card calls him a professor of operations management and procurement. Before moving to IMD business school in Lausanne, Switzerland, the 49-year-old Californian worked for close to two decades at Hewlett-Packard, where procurement was one of his...
Javier Blas and Chris Flood from London and Adam Jones CONSUMERS are facing higher food prices as the cost of agricultural commodities surges on what the industry describes as a 'perfect storm' of tight supplies and robust demand. The price...
Adviser for Health and Family Welfare A S M Matiur Rahman said Wednesday that all-out steps have been taken to face the flood side by side with treatment of diarrhoea and other water-borne diseases, reports BSS. "We have enough stocks...
Adviser for Agriculture, Environment and Forest CS Karim urged Wednesday the South Asian countries to take coordinated steps for combating air pollution, reports BSS." A single country initiative can't prevent air pollution as it also affects the neighbours," he said...
Bangladesh Scouts has opened a 75-bed field hospital for diarrhoea patients on the premises of ICDDR'B, reports BSS.Doctors and nurses from ICDDR,B and Rover Scouts are working in the hospital round the clock, said a press release today.National Commissioner of...
The United Nation Population Fund (UNFPA) is taking initiatives to ensure the healthcare of 60,000 flood-affected expectant mothers of the country for their safe childbirth, reports UNB."UNFPA has calculated that there're 60,000 expectant mothers among the flood-affected people and they're...
Twelve persons were killed and many others injured in separate incidents in different places of the country during the last two days, reports agencies.In Brahmanbaria, three people were killed and 30 others injured when a bus plunged into a roadside...
Authorities of Dhaka University have cancelled admission of nine more students, who got admitted through fraudulent means, reports BSS.The university syndicate at a meeting last night with vice- chancellor (VC) SMA Faiz in the chair took the decision.Of the nine...
FE ReportA group of employees of the Bangladesh Association for Voluntary Sterilisation (BAVS) Wednesday demanded suspension of its executive director and assistant director (finance) immediately on charge of massive corruption.They said this at a press briefing organised by the employees...
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