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Facing floods locally and globally

2007-08-11 00:00:00

Syed Fattahul AlimIn the latest cycle of recurrently visiting flood in Bangladesh some 10 million people belonging to 2 million households have been affected in 38 districts. So, far more than 210 people have died of waterborne diseases and other...

Good governance in Bangladesh and my cogitation

2007-08-11 00:00:00

Jubaida Raushan AraIn Bangladesh, all the internal and external actors of politics, administration and development are emphasizing the need for good governance. A dramatic change has come in public administration and the paradigm shift towards good governance and sustainable developments....

Economic outlook in 2007-8

2007-08-11 00:00:00

Enayet RasulThe Bangladesh economy grew above 6 per cent in the financial year 2006-7. This was a matchless record for the economy has been averaging growth of 5 per cent or a little above in the present decade . The...

Less salt, please

2007-08-11 00:00:00

Salt makes its way into the paddy of coastal Bangladesh every which way. During the dry season, when the flow of fresh water out to the mouth of the Ganges is weakest, saltwater rides inland on the tide and saline...

Oil search plans fuel tensions on Cyprus

2007-08-11 00:00:00

Tensions on the ethnically partitioned island of Cyprus could come to a head next week with Nicosia's plans to proceed with oil and gas exploration in the eastern Mediterranean. The internationally-recognized Greek Cypriot government plans to accept applications from interested...

Sermon makes quiet history

2007-08-11 00:00:00

V Radhika In a world that is still witnessing a great deal of Islam-bashing, the recent Id celebrations in a Toronto mosque made history quietly. A young woman, Maryam Mirza, 20, led part of the Id sermon; and another woman,...

Turkey begins fightback after 'mini crisis'

2007-08-11 00:00:00

Vincent Boland in TurkeyTurkey's army of local investors was given a taste of old times earlier this month, after the consumer finance division of Koc Holding, the country's largest conglomerate, offered for sale the first corporate bond issue in nearly...

South Korea still inviting despite recent blows

2007-08-11 00:00:00

Song Jung-aInvestors on the hunt for emerging market opportunities should take a close look at South Korean stocks, which were badly hit during the turmoil earlier in the year but could be set for a strong rebound.Foreign investors bailed out...

The allure of emerging markets

2007-08-11 00:00:00

Joanna Chung in London Since late last year, foreign investors have been stuffing themselves with kwacha.Though it sounds like an exotic fruit, the kwacha is in fact the currency of Zambia, now seen by some investors as one of the...

Water companies benefiting from shortages

2007-08-11 00:00:00

Leslie Crawford in Barcelona Opportunities for water companies are booming around the world because of looming shortages and decades of underinvestment, a conference in Barcelona heard last April.China, Saudi Arabia and Algeria, where water shortages have become acute, are placing...

Melting glaciers threaten agricultural land

2007-08-11 00:00:00

Fiona Harvey, Environment CorrespondentMelting glaciers will reduce the amount of water available for agriculture in some areas of the world in the future, while rising sea levels will contaminate coastal groundwater supplies, according to scientists studying the effect of climate...

Migrant workers' dramatic quest for equality

2007-08-11 00:00:00

Kalinga SeneviratneFor 12 years Siti Muyasaroh slaved as an underpaid and overworked housemaid in this affluent South-east Asian nation. Still, during that time, she completed a nursing aid course and acquired a diploma in business English from a British university....

'Plan against iran may trigger arms race'

2007-08-11 00:00:00

Analysis by Meena JanardhanThe new United States plan to sell arms to Saudi Arabia and other allies in the Middle East to counter growing Iranian influence could trigger an arms race and worsen instability in an already volatile region, say...

Drip Irrigation-answer to water shortages

2007-08-11 00:00:00

Irfan Ahmed ChaudhuryFaced with acute water shortages, the Pakistan government has launched a 1.3 billion US dollar subsidised drip irrigation programme that could help reduce wastage over the next five years. According to Pakistan's latest economic survey released in June,...

India escapes subprime turbulence

2007-08-11 00:00:00

Joe Leahy in MumbaiFor some in India, the chills emanating from the sub-prime mortgage market in the US might be a cause for concern. But Chanda Kochhar, deputy managing director of ICICI Bank, India's largest private financial group, says that...

China's dangerous rich

2007-08-11 00:00:00

Paul MaidmentChina's leaders have for a while now been concerned about the rising level of social unrest in the countryside, which has played second fiddle to the cities as the economy has grown rapidly. Newly published numbers in the latest...

US troops must go, Iran tells Iraqi PM

2007-08-11 00:00:00

TEHRAN, Aug 10 (AFP): Iran's leaders Thursday told visiting Iraqi Prime Minister Nuri al-Maliki that US troops must leave his country, in talks that reinforced growing bilateral ties and sparked unease in Washington. Following a renewed warning from President George...

Pakistan gunships pound Taliban, Al-Qaeda amid US pressure

2007-08-11 00:00:00

MIRANSHAH, Aug 10 (AFP): Helicopter gunships pounded militant hideouts in northern Pakistan as the military scoured mountains Friday for 16 missing soldiers believed kidnapped by Taliban rebels. As the US called for greater efforts against militants using Pakistan's remote Hindu...

Heavy fighting breaks out in Mogadishu

2007-08-11 00:00:00

MOGADISHU, Aug 10 (AFP): At least four Somalis were killed Friday as heavy fighting broke out in the capital Mogadishu between insurgents and the Ethiopian-backed government forces, police and witnesses said. The news agency reporter in Mogadishu described the clashes...

DPRK warns of countermeasures against US-ROK military drill

2007-08-11 00:00:00

SEOUL, Aug 10 (AFP): North Korea said today it would take strong countermeasures against a major US-South Korean military exercise later this month, warning that the drill could disrupt a nuclear disarmament deal. "The KPA (North Korea's army) will actively...

UN council to vote on Iraq resolution

2007-08-11 00:00:00

UNITED NATIONS, Aug 10 (AP): US Ambassador Zalmay Khalilzad said a resolution that would expand the UN mandate in Iraq will internationalise the effort to assist Iraqis in overcoming their internal differences and bringing neighboring countries together to help the...

Extreme floods hit 500m people a year

2007-08-11 00:00:00

UNITED NATIONS, Aug 10 (Reuters): Homes and farmland drowned in increasingly severe floods are affecting some 500 million people a year and straining relief efforts, a senior UN official said Thursday. Deaths have been reduced because of early warning systems...

Child abuse hits record high in Japan

2007-08-11 00:00:00

TOKYO, Aug 10 (AFP): A record 157 children fell victim to abuse in the first half of this year in Japan, police said Friday, as gruesome cases shocked the nation. Eighteen of the children died. The 157 abused children represented...

Two bodies recovered from US bridge collapse

2007-08-11 00:00:00

MINNEAPOLIS, Minnesota, Aug 10 (AFP): Two bodies were found Thursday in the wreckage of a bridge that collapsed over the Mississippi river more than a week ago, raising to seven the death toll from the accident in the northern US...

US ambassador meets Nepali PM

2007-08-11 00:00:00

KATHMANDU, Aug 10 (Xinhua): A day after she presented her credentials amidst a function, the new United States ambassador to Nepal Nancy J Powell held a meeting with Nepali Prime Minister Girija Prasad Koirala Friday morning. After the meeting with...

Diana's brother considered writing princess's biography

2007-08-11 00:00:00

LONDON, Aug 10 (AFP): The brother of the late princess Diana revealed Thursday that he has considered writing a biography about his sister, in the run-up to the 10-year anniversary of her death. Speaking to the BBC, Spencer said that...

Six dead, one missing in Philippines storms

2007-08-11 00:00:00

MANILA, Aug 10 (AFP): Storms in the northern Philippines have left six people dead, with another missing, after triggering landslides and floods, the civil defence office said Friday. Seven other people were hurt and nearly 12,000 people fled their homes...

Prices of essentials still high in city markets

2007-08-11 00:00:00

FE ReportPrices of essential commodities maintained their previous high over the past week due to short supply of such items in the city markets because of countrywide massive flood.The crop lands of the vegetable growing districts like Narsingdi, Manikganj and...

ICB AMCL declares NAV of two unit funds

2007-08-11 00:00:00

FE ReportICB AMCL, a subsidiary of the Investment Corporation of Bangladesh (ICB), has declared the net asset value (NAV) of its two unit funds.The total NAV of the ICB AMCL Unit Fund stood at Tk 46,57,45,012.84 on the basis of...

Mutual Trust Bank, DCL sign consultancy service deal

2007-08-11 00:00:00

FE ReportMutual Trust Bank Ltd (MTBL) and Dexterous Consultants Ltd (DCL) have recently signed an agreement under which DCL will provide the bank with consultancy service for construction of the MTBL head office building at Kazi Nazrul Islam Avenue in...