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Rudd sworn in as PM, vows to sign Kyoto

2007-12-04 00:00:00

CANBERRA, Dec 3 (Reuters): Australia's Labour leader Kevin Rudd was sworn in as prime minister Monday, promising to urgently sign the Kyoto Protocol on climate change. But Rudd said that the country was likely to miss its Kyoto target for...

Israel releases over 400 Palestinian prisoners

2007-12-04 00:00:00

KETZIOT, Israel, Dec 3 (AFP): Israel began to free more than 400 Palestinian prisoners early Monday, the latest release aimed at boosting president Mahmud Abbas amid revived peace efforts. The first bus with the prisoners left the Ketziot prison in...

Chavez loses constitutional vote

2007-12-04 00:00:00

CARACAS, Dec 03 (AP): Humbled by his first electoral defeat ever, President Hugo Chavez said Monday he may have been too ambitious in asking voters to let him stand indefinitely for re-election and endorse a huge leap to a socialist...

Chavez loses constitutional vote

2007-12-04 00:00:00

Chief Adviser Dr Fakhruddin Ahmed called Monday for meeting the "special requirements" of the physically challenged people everywhere of the society, including family and professional life, with a positive attitude to make them self-reliant. He also called upon the mass...

SC suspends HC’s stay order

2007-12-04 00:00:00

The Supreme Court (SC) Monday suspended until January 2 the High Court (HC) order that stayed the Anti-corruption Commission (ACC) notice asking former Prime Minister Sheikh Hasina to submit her statement of wealth, reports UNB.A six-member bench of the Appellate...

CEC rules out any scope for Rohingyas

2007-12-04 00:00:00

BANDARBAN, Dec 3 (UNB): Chief Election Commissioner (CEC) Dr ATM Shamsul Huda said today (Monday) that there was no scope for inclusion of Rohingya refugees in the voters' list."Only the country's real citizens who live in particular addresses will be...

Tarique, Koko get bail in extortion cases

2007-12-04 00:00:00

The High Court (HC) granted bail Monday to Tarique Rahman and his younger brother Arafat Rahman Koko, the two sons of detained former premier Khaleda Zia, in extortion cases, reports UNB.Passing the orders following separate petitions, a Division Bench comprising...

Mamun remanded for three days in fraud case

2007-12-04 00:00:00

A Dhaka court placed Monday businessman Giasuddin Al Mamun on remand for three days in a fraud case filed by Japan-Bangladesh Group Chairman Selim Prodhan, reports bdnews24.com. Md Ehsanul Haque, Dhaka-1 additional chief metropolitan magistrate, made the remand order after...

Another extortion case filed against ex-MP Khaiyam

2007-12-04 00:00:00

RAJBARI, Dec 3 (UNB): Another extortion case has been filed against former lawmaker from Rajbari-1 Ali Newaz Mahmud Khaiyam and one of his associates. Waseuddin of Bhabanipur in the district town filed the case with Sadar police station Sunday night...

EC to fund 14m Euro to finance technical, vocational education

2007-12-04 00:00:00

European Commission (EC) Monday signed a 14 million Euro agreement with the government to fund Technical and Vocational Education and Training (TVET) project, reports UNB.Secretary to Economic Relations Division (ERD) Md Aminul Islam Bhuiyan and Ambassador and Head of the...

Rehabilitation work starts in cyclone-affected areas: CA

2007-12-04 00:00:00

Chief Adviser Dr Fakhruddin Ahmed said Monday rehabilitation work had started in the cyclone-affected areas alongside relief operations, reports UNB.He said this while receiving donations for the CA's Relief and Welfare Fund from local and foreign organisations for the cyclone...

UP chairman arrested

2007-12-04 00:00:00

PIROJPUR, Dec 3 (UNB): Rapid Action Battalion (RAB) arrested a union parisad chairman of Pirojpur district from capital Dhaka Sunday night on charge of misappropriating government relief rice. Acting on a tip-off, a team of RAB-4 raided the house of...

CCC to implement 350 projects

2007-12-04 00:00:00

Our CorrespondentCHITTAGONG, Dec 03: Chittagong City Corporation (CCC) has chalked out an elaborate programme for implementing 350 projects to remove water logging in the city and construct all the damaged roads. Under this programme, CCC has already started the work...

Meeting crisis on the food front

2007-12-03 00:00:00

The price index of food grains has been on a steeply rising curve since long. The two floods in a row and finally the cyclone Sidr have together dealt the lasting blow to the prospect, if any, of improvement in...

Making tax payment people's friendly

2007-12-03 00:00:00

Shamsul Huq Zahid The new chairman of the National Board of Revenue Muhammad Abdul Mazid could have guessed that there would be lot of complaints from the businesspeople. But the enormity of the complaints overwhelmed him when he met with...

Why banking awaits an accident

2007-12-03 00:00:00

Martin Wolf WHY does banking generate such turmoil, with the crisis over securitised lending the latest example? Why is the industry so profitable? Why are the people it employs so well paid? The answer to these three questions is the...

Pleas for strong consumer protection law

2007-12-03 00:00:00

Ahmed AliFROM unlawful syndicated trading to adulterating of food-products, there are many issues of great concern to the vast body of consumers across the country. Consumers in Bangladesh, especially the non-affluent ones who form the majority, have been passing very...

Regulatory hurdles to foreign investment

2007-12-03 00:00:00

It is a given publicity that Bangladesh provides exceptionally liberal or favourable terms and conditions to the investors, especially foreign ones. But these incentives are also considered to be mainly on paper because the ground level realities reflecting handicaps in...

Ethanol from molasses, diesel from jatrofa

2007-12-03 00:00:00

It was reported sometime ago that steps were taken by the Bangladesh Sugar and Food Industries Corporation (BSFIC) to produce ethanol from molasses in all the sugar mills under it. The ethanol to be produced would be used as an...

Putin's 'Good Czar' reign may stay by popular demand

2007-12-03 00:00:00

Henry MeyerThe only voices in Russia's legislature opposing Vladimir Putin after Dec. 2 parliamentary elections won't be strangers to autocratic one-party rule. They're the Communists, who monopolized power in the Soviet era. Putin ``has more power today than the pharaoh...

Planetary check-up starts with the oceans

2007-12-03 00:00:00

Stephen Leahy from Brooklin, CanadaIf continents are the Earth's sturdy bones and the atmosphere its thin skin, then the oceans are its heart, circulatory system and blood. And despite the crucial role played by the oceans in the health of...

Palm oil not green for Asia: UN report

2007-12-03 00:00:00

Marwaan Macan-Markar from BangkokEuropean Union (EU) demand for supposedly green-friendly fuels, such as palm oil, is coming at a high social and environmental cost in Asia, warns a new report released Tuesday by the United Nations Development Programme (UNDP).The U.N....

Dollar's last lap as the only anchor currency

2007-12-03 00:00:00

Wolfgang MünchauIT has been one of the most influential theories about exchange rates in the age of globalisation and it may be about to go up in smoke.In 2003, the economists Michael Dooley, David Folkerts-Landau and Peter Garber proposed what...

East Asian leaders vow to boost investment in sanitation

2007-12-03 00:00:00

JAKARTA, Dec 2 (Xinhua): Ministers and policy makers from East Asia have pledged in Japan to raise investment in sanitation and hygiene, and to provide strong leadership for action, in an effort to achieve the Millennium Development Goals (MDGs), the...

S Lanka plans to raise more money from overseas investors

2007-12-03 00:00:00

COLOMBO, Dec 2 (AFP): Sri Lanka plans to raise more money from overseas investors, officials said despite the International Monetary Fund warning that the island could be heading for a foreign debt crisis. Sri Lanka's Central Bank said today it...

India, UK investors to offer syndicated finance to companies

2007-12-03 00:00:00

MUMBAI: A group of investors from UK and India will soon form a network to offer syndicated finance to early stage companies in the two countries. An announcement to this effect will be made by senior government officials of both...

Economic, labour issues to dominate GCC summit

2007-12-03 00:00:00

DUBAI, Dec 2 (PTI): Security and economic cooperation and reducing dependence on foreign labour are the issues likely to dominate the two-day summit of six Gulf countries beginning Monday in the Qatari capital Doha, where Iran is also expected to...

Pakistan loses Iran rice mkt, India gains ground

2007-12-03 00:00:00

NEW DELHI, Dec 2 (Commodity Online): India has made big strides in rice exports to Iran and this has caused major worries for the Pakistani exporters. The main reason for India's gain is Iran's decision to impose heavy tariffs on...

Death of dollar as the world currency

2007-12-03 00:00:00

"Here are two brother countries, united like a single fist," declared Venezuelan kingpin Hugo Chavez after meeting Mahmoud Ahmadinejad, president of Iran, in Tehran on Nov 19th. "We have common viewpoints and we will stand by each other until we...

Japan presses China to solve gas row

2007-12-03 00:00:00

BEIJING, Dec 2 (Reuters): Japanese cabinet ministers called on Chinese Premier Wen Jiabao to help resolve a dispute over natural gas today, a day after high-level economic talks aimed at warming the long- chilly ties between the two countries. Foreign...