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Shared river basins, common problems

2007-07-10 00:00:00

Ousseini Issa from NiameyNigeria and Niger, in West Africa, are neighbouring states. But the two countries have more than a border in common; they are also share a number of river basins that are under threat, and the responsibility for...

US factory growth probably near 13-month high

2007-07-10 00:00:00

Shobhana ChandraU.S. manufacturing growth in June probably stayed close to the highest level in 13 months, a sign demand is picking up as businesses replenish stockpiles, economists said before a report today. The Institute for Supply Management's manufacturing index stayed...

Thousands of Pakistani tribesmen vow mosque revenge

2007-07-10 00:00:00

KHAR, (Pakistan), July 9 (AFP): Around 20,000 Pakistani tribesmen vowed Monday to take revenge on President Pervez Musharraf for the siege of a radical mosque in the capital Islamabad, witnesses and officials said. "We are ready for jihad!" cried the...

Two more foreigners kidnapped in Nigeria

2007-07-10 00:00:00

LAGOS, (Nigeria) July 9 (AFP): Gunmen attacked an oil facility in restive southern Nigeria overnight and took two foreigners hostage, private security contractors said MondaySeveral speedboats full of gunmen attacked the facility on Calabar River late Sunday night, the two...

Iraqi village mourns devastating bombing

2007-07-10 00:00:00

ERMELI, Iraq, July 8 (AFP): Dark grief descended on the Iraqi village of Ermeli Sunday as black mourning banners, armbands, bloodstains and soot bore grim testament to a truck bomb attack that left 140 people dead. The rural community near...

Congressmen return, ready to take on Bush

2007-07-10 00:00:00

WASHINGTON, July 9 (AFP): Congressmen returning from their Independence Day break are ready for battle with the White House, with Democrats decrying President Bush's commutation of former aide I. Lewis "Scooter" Libby's prison sentence and fighting Bush's latest claim of...

Nepali parliamentary body asks govt to nationalise king's property

2007-07-10 00:00:00

KATHMANDU, July 9 (XINHUA): The Parliamentary Finance Committee (PFC) has asked the Nepali government to immediately work to nationalize the king's property, The Himalayan Times reported Monday. According to the daily, the committee submitted its report to the parliament Sunday....

Bomb injures four Polish soldiers in Afghanistan

2007-07-10 00:00:00

WARSAW, July 9 (AFP): A roadside bomb injured four Polish soldiers north of the Afghan capital Kabul on Sunday during a patrol near their base, the troops' commander said. The explosion happened at 8:00 pm (1530 GMT) in the southeastern...

17-month old boy loves eating world's hottest chilly

2007-07-10 00:00:00

DIBRUGARH (Assam), July 9 (PTI): While other children of his age savour the first taste of chocolates, 17-month old Jayanta Lahan finds 'bhoot jolokia'-world's hottest chilly-the most appetising. Lahan, nicknamed Johnny, started devouring the famed chilly since he was six...

news digest

2007-07-10 00:00:00

Irked Prachanda says US envoy is "proud and boring" KATHMANDU, July 9: Maoist chief Prachanda has slammed the outgoing US ambassador to Nepal James Moriarty, who has frequently criticised the former rebels earning their ire, and hoped that his successor...

India-China Year of Friendship to ‘address info gap thru’ tourism’

2007-07-10 00:00:00

BEIJING, July 9 (PTI): India Sunday said it wanted to bridge the "information gap" in its relations with China by celebrating 2007 as the 'Year of Friendship Through Tourism'. 'The India-China Year of Friendship Through Tourism 2007' is aimed to...

APEC trade ministers discuss regional trade integration

2007-07-10 00:00:00

CAIRNS, Australia, July 9 (CEIS): The Asia-Pacific Economic Cooperation (APEC) ministers responsible for trade discussed various ways to achieve free trade in the Asia-Pacific region at their 13th meeting which ended here recently. The ministers from APEC economies, which account...

Investors return, ready for earnings

2007-07-10 00:00:00

NEW YORK, July 9 (AP): Investors will get a few snapshots of the economy's health this week when they return from their Fourth of July vacations and prepare for earnings season.Wall Street is hoping for signs that the economy is...

Beijing's M2 growth underestimates inflation pressure

2007-07-10 00:00:00

BEIJING, July 9 (CEIS): China needs "decisive" measures to rein in excessive demand and control inflation pressures as its M2 growth has understated the speed of monetary expansion, according to the latest report by Goldman Sachs, the US investment bank....

Sarkozy wants business-friendly France

2007-07-10 00:00:00

PARIS, July 9 (AP): France is now open for business. Nicolas Sarkozy won the French presidency on pledges to open up the economy, and his government is selling one message: Things have changed.Goodbye to stretching jobless queues and famously French...

Gono commission calls for saving jute industry from ‘int'l conspiracy’

2007-07-10 00:00:00

KHULNA, July 9 (UNB): The Public Commission on Jute and Jute Industry, a fact-finding mission comprising economists and trade unionists, Monday demanded of the caretaker government to allocate a special fund for resurrecting country's jute industry that fell victim to...

Yen hits record low against euro in Asia

2007-07-10 00:00:00

TOKYO, July 9 (AFP): The yen dropped to a record low against the euro in Asian trade today, failing to draw strength from a stronger- than-expected report on Japanese machinery orders, dealers said. They said the Japanese currency continued to...

Workshop for bankers on 'Core-Risk Management' held

2007-07-10 00:00:00

RANGPUR, July 9 (BSS): A daylong workshop on 'Core-Risk Management' for the officials of Pubali Bank Ltd (PBL) was held at its Rangpur Regional Office conference hall here Saturday.Chaired by Rangpur Regional Chief and Deputy General Manager of PBL Abu...

Beijing in billboard crackdown as Olympics approach

2007-07-10 00:00:00

BEIJING, July 9 (AFP): Beijing has launched a blitz on billboards promoting luxury lifestyles to tone down the city's image before next year's Olympics-and remind visitors it is the capital of a communist country. Board by board, workers are pulling...

Prime Islami Life Ins officials asked to follow Shariah principles

2007-07-10 00:00:00

Our CorrespondentKHULNA, Jul 9: Adviser of Prime Islami Life Insurance Ltd MA Khaleque has urged the officials of the company to perform business activities following the Shariah principles.He was speaking as the chief guest at the opening ceremony of Khulna,...

Oil prices weaker in Asian trade

2007-07-10 00:00:00

SINGAPORE, July 9 (AFP): Oil prices were lower in Asian trade today on profit-taking but US gasoline (petrol) supply concerns were expected to limit the declines, dealers said. Worries over heightened civil unrest in Nigeria, Africa's largest producer, should also...

Workshop for bankers on 'Core-Risk Management' held

2007-07-10 00:00:00

RANGPUR, July 9 (BSS): A daylong workshop on 'Core-Risk Management' for the officials of Pubali Bank Ltd (PBL) was held at its Rangpur Regional Office conference hall here Saturday.Chaired by Rangpur Regional Chief and Deputy General Manager of PBL Abu...

Depot owners fined for keeping rotten fishes in Faridpur

2007-07-10 00:00:00

FARIDPUR, July 9 (UNB): A mobile court fined the owners of a fish depot Tk 10,000 for keeping rotten fish in their depot at Haji Shariatullah Bazar, on the outskirts of the town, Monday morning.The court, led by Magistrate SM...

Saudi in ammonia venture with Korea's Samsung

2007-07-10 00:00:00

RIYADH, July 9 (AFP): State-owned Saudi Arabian Mining Co (Maaden) said yesterday it had reached a deal with South Korea's Samsung Engineering for a 960-million-dollar ammonia plant for fertilizer. Maaden said construction of the 3,300 tonne-a-day plant on the Gulf...

Flat duty on lubricants import 'to hit farms, transports'

2007-07-10 00:00:00

Importers have warned that the imposition of a flat duty on all grades of lubricants will throw a wrench into the business and hit agriculture and transport sectors hard, reports bdnews24.com. The interim administration has imposed a uniform specific duty...

DCCI wins 2007 World Chambers Competition Award

2007-07-10 00:00:00

FE ReportThe Dhaka Chamber of Commerce and Industry (DCCI) has won the '2007 World Chambers Competition Award' in best skills development programme category. The award is jointly awarded by World Chambers Federation (WCF), International Chamber of Commerce's (ICC) specialised division...

DBBL approves half-yearly unaudited financial statements

2007-07-10 00:00:00

FE ReportThe 74th board meeting of Dutch-Bangla Bank Ltd (DBBL) has approved its half-yearly unaudited financial statements-2007.The meeting was held at the bank's head office in the city Sunday, said a press release.Chairman of DBBL board of directors Abul Hasnat...

Prime Bank, Apollo Hospitals sign corporate deal

2007-07-10 00:00:00

FE ReportPrime Bank Limited (PBL) and Apollo Hospitals (AH) have signed a corporate deal in the city recently, under which both of the organisations will be benefited from each other.PBL Deputy Managing Director Nasiruddin Ahmed and AH Interim CEO Praful...

'Country has high potentiality of cell-phone internet'

2007-07-10 00:00:00

Grameenphone (GP) Commercial Division CMO Stein Naevdal has observed that Bangladesh has a high potentiality of cell phone internet service as the country still lacks proper infrastructure for wide-spread internet service, reports UNB."Due to lack of infrastructure, the mobile phone...

EXIM Bank strikes money transfer deal with Lankan bank

2007-07-10 00:00:00

FE ReportExport Import Bank (EXIM) of Bangladesh Limited and Sri Lanka's Seylan Bank Limited signed a money transfer agreement recently.EXIM Bank Managing Director Kazi Masihur Rahman and Seylan Bank CEO Ajita Pasqual signed the agreement at the EXIM Bank head...