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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...

Japan still has a wild-west stock market

2007-12-08 00:00:00

Michiyo NakamotoWhen the operator of the main stock exchange and two of the market's most influential investors slam their country's corporate governance standards, surely something is amiss.But that is what happened recently at a UBS conference in Tokyo when Atsushi...

Can Mideast learn from Eastern Europe's post-communist transition

2007-12-08 00:00:00

Antonio Maria CostaEastern Europe is a long way from the Middle East, but there is a lesson to be learnt from its post-communist transition. One of the strongest incentives has been economic growth and prosperity: good business has led to...

Displacement of demand push up even East London property price

2007-12-08 00:00:00

Chris Hamnett London's soaring house prices are of perennial interest. Over the past year that interest has been reignited because of the impact of city bonuses and wealthy foreign buyers who have driven prices higher at the top end in...

Bosnia's unity is crucial to greater Europe

2007-12-08 00:00:00

Tomas ValasekBAD news never travels alone. Following the stalling of talks on the future of Kosovo, a political crisis has now gripped Bosnia. The country's central government has not met for more than five weeks and one of its main...

Right to information

2007-12-08 00:00:00

A fundamental aspiration of a democratic system, anywhere, ought to be the providing of good governance. But this improved governance is only possible in the context where governmental activities and that of ruling political quarters can be subjected to scrutiny...

Nuclear power plant: A pragmatic answer to power crisis

2007-12-08 00:00:00

Syed Fattahul AlimPOWER is the key to everything about modern way of living, from running the engine of economic growth down to doing the household chores. The indispensability of power can be best understood from the pitiable condition our life...

Stock market scenario

2007-12-08 00:00:00

Golam Morshed raises the questionsTHE 'ups' and 'downs' of share prices in the stock exchange are no unusual phenomena. As such, there should be no extra-ordinary reason for becoming worried over the course of price movements of the listed issues....

Elevating accounting standards

2007-12-08 00:00:00

Enamul HaqueACCOUNTING in many areas of business in the country continues to be pursued in the traditional fashion with accounting looked upon as nothing more than book-keeping or taking a stock of routine expenditures and sales returns. But modern accounting...

Framing investment-friendly regulations

2007-12-08 00:00:00

Bangladesh provides exceptionally liberal or favourable terms and conditions to the investors, especially foreign ones. But these incentives are not matched by ground level realities reflecting handicaps in the form of various regulations. Potential foreign investors say that this country...

Theory and practice

2007-12-08 00:00:00

DONATIONS "not lawfully declared" or actual expenditures being "in excess of what could be shown" are not the cases only in the developing countries or low income ones like Bangladesh. Even the developed countries that are, to our ordinary perception,...

Plight of Haj pilgrims

2007-12-08 00:00:00

THE problems facing the Bangladeshi Hajj pilgrims this year were least expected during the tenure of this caretaker government. Reports in the media said that many Hajj pilgrims had complained of non-cooperation and mismanagement. They have put the blame for...

US sub prime mortgage market crash and its aftermath

2007-12-08 00:00:00

Shireen Scheik MainuddinONE of the advantages of Dhaka's regulated Foreign Exchange Market is that international shake-ups in the financial world pass over without any effect. It explains why the 07 crisis has received little attention since our financial sector has...

Debating organisational culture and change

2007-12-08 00:00:00

Md. Amlan J. HaqueDEFINING organisational culture is more like a debate then just to define the term itself. The debate starts when we try to structure the different organisational functions and its people's behaviour. As Steven (1989) illustrates, the organisational...

Compensation for climate change victims

2007-12-07 00:00:00

THE UN-sponsored global conference on climate at Bali in Indonesia has riveted the attention of anxious people round the world. The conference could not have come sooner. A specialised technical body of the UN has recently divulged the information that...

Addressing the unemployment problem

2007-12-07 00:00:00

Kazi FerozeACCORDING to a study of the International Labour Organisation (ILO), the rate of growth of unemployment in Bangladesh was 1.9 per cent in the decade of the nineties. But the growth in unemployment currently is 3.7 per cent. The...

Compliance issues in the RMG sector

2007-12-07 00:00:00

Md ObaidullahThe buyers cannot be blamed in many cases for demanding compliance with the issues such as payment of adequate salaries to workers and other benefits to them as well as ensuring of safe working condition. Lawmakers, environmental and different...

Near-term economic outlook is fairly good, says central bank

2007-12-07 00:00:00

FE Report The Bangladesh Bank (BB) sees the near-term economic outlook of the country as fairly good despite some downside risks including negative impact caused by flood and other natural calamities. "... The near-term economic outlook remains mostly favourable mainly...