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Inflation, high rates and war crimp global trade: WTO

2023-10-07 00:00:00

GENEVA, Oct 6 (AFP): Global trade growth will be sharply lower than forecast this year as stubborn inflation, high interest rates and the war in Ukraine pressure economies around the globe, the World Trade Organization said Thursday.Strains in China's vast...

Global financial system based on dollar gradually collapsing: Putin

2023-10-07 00:00:00

SOCHI, Oct 6 (TASS): The global financial system created on the basis of the US dollar is gradually collapsing, Russian President Vladimir Putin said at the plenary session of the Valdai Discussion Club."The Bretton Woods system - it was created...

Engineer Md. Harunur Rashid Mollah places a wreath at the grave of Father of the Nation Bangabandhu

2023-10-07 00:00:00

Titas Gas Transmission and Distribution Company Limited Managing Director Engineer Md. Harunur Rashid Mollah places a wreath at the grave of Father of the Nation Bangabandhu Sheikh Mujibur Rahman at Tungipara in Gopalganj on Friday following takeover of his assignment...

PRAN Dairy signs deal with BKB for supply chain finance

2023-10-07 00:00:00

The country's leading milk processor PRAN Dairy Limited and Bangladesh Krishi Bank (BKB) signed a deal on supply chain finance to promote the dairy sector, says a press release. Mohammad Mainul Islam Khan, General Manager (In-charge) of the Local Principal...

Sugar prices hit 13-year high due to El Nino fallout: FAO

2023-10-07 00:00:00

PARIS, Oct 6 (AFP): Global sugar prices soared to their highest level in almost 13 years in September as the El Nino weather phenomenon hit production in India and Thailand, the Food and Agriculture Organization said Friday.While world food prices...

News in Brief(2023-10-07)

2023-10-07 00:00:00

Bomb threat sparks security alert at 42 Philippine airportsMANILA, Oct 06: Security patrols and sniffer dogs were deployed at dozens of Philippine airports Friday, after the aviation regulator received a bomb threat against commercial planes. The Civil Aviation Authority of...

Popular weight loss drugs linked to higher risk of stomach paralysis

2023-10-07 00:00:00

WASHINGTON, Oct 06 (Arab News): Drugs like Ozempic, which have become increasingly popular for losing weight, heighten the risk of certain severe gastrointestinal problems including stomach paralysis, according to a large study published Thursday.The paper, published in the Journal of...

Russian strike on cafe kills 51

2023-10-07 00:00:00

HROZA (Ukraine), Oct 06 (AP): A Russian rocket blast turned a village cafe and store in eastern Ukraine into rubble Thursday, killing at least 51 civilians in one of the deadliest attacks in the war in months, according to President...

40 killed after glacial lake flooding in Himalayas

2023-10-07 00:00:00

KOLKATA, Oct 06 (Arab News): At least 40 people were killed after a glacial lake burst its banks and triggered flash floods this week in the Indian Himalayas, government officials told Reuters on Friday as rescuers searched for dozens still...

Biden attacked from both sides over new Texas border wall

2023-10-07 00:00:00

WASHINGTON, Oct 06 (BBC): President Joe Biden is under fire from both Republicans and Democrats after his administration announced new border wall construction in Texas.Mr Biden said he was unable to stop the work because the funding was signed off...

Putin says Russia’s mission is to create ‘new world’

2023-10-07 00:00:00

MOSCOW, Oct 06 (AFP): Russian President Vladimir Putin said on Thursday that Russia's mission was to create a "new world" and blamed Western hegemony for Moscow's grinding offensive in Ukraine.Putin has portrayed Russia's full-scale military intervention in Ukraine -- launched...

Why ban battery-run rickshaws?

2023-10-07 00:00:00

Some people often call for a complete ban on battery-run rickshaws and auto-rickshaws. In their view, these chargeable rickshaws are consuming electricity and if they are banned it could save up to 1,500 megawatts of power. Also, these vehicles are...

Need for more public toilets for women

2023-10-07 00:00:00

Bangladesh has made significant progress in empowering women. The number of women entering the workforce is increasing day by day. They are coming out of their houses to work at offices and factories. They also go out for medical treatment...

Doing away with mini data pack is unwise

Tanim Asjad | 2023-10-07 00:00:00

Protecting the consumers' interests is not an easy task. The thing becomes more complex, especially when the authorities concerned do not understand the issues comprehensively or try to address the problem narrowly. This is reflected in the country's telecommunication regulator's...

Why should cost of renewable power be so high?

Syed Mansur Hashim | 2023-10-07 00:00:00

Due to a myriad of reasons, the energy being bought from renewable power projects in Bangladesh costs several times higher than the global prices. Depreciation of the national currency and dearth of foreign exchange and primary energy sources have got...

Streamlining bottled water market

2023-10-07 00:00:00

As though the unrestrained hike in essential prices that the consumers have been experiencing day in day out were not enough, the bottled water and beverage market, too, have recently turned volatile. It started in June last year when the...

Setting technology transfer goal for development

M. Rokonuzzaman | 2023-10-07 00:00:00

Often, technology transfer is a side issue in formulating development projects. There has been confusion too in defining technology transfer and setting the goal. Hence, the time has come to make it clear. From the perspective of development urgency, technology...

Rooppur power plant gets nuclear fuel

2023-10-06 12:00:00

The Rooppur Nuclear Power Plant (RNPP) received nuclear fuel on Thursday to produce electricity at a function at its site as Bangladesh Prime Minister Sheikh Hasina and Russian President Vladimir Putin virtually joined it, reports BSS.With the handover of the...

Smart Bangladesh Summit deferred

FE REPORT | 2023-10-06 00:00:00

Smart Bangladesh Summit 2023', scheduled to begin on Thursday last here under the initiative of Bangladesh Computer Council (BCC) of the Information and Communication Technology (ICT) Division, has been postponed."The three-day 'Smart Bangladesh Summit 2023' was scheduled to be held...

Dengue claims nine more lives, 2,617 more hospitalised

FE REPORT | 2023-10-06 00:00:00

Dengue claimed nine more lives in the past 24 hours, including seven from Dhaka, taking the total fatalities to 1055, according to the Directorate General of Health Services (DGHS) on Thursday. A total of 2,617 more cases of hospitalization, including...

NZ rout champs England in WC opener

2023-10-06 00:00:00

AHMEDABAD, India, Oct 05 (AFP): Devon Conway and Rachin Ravindra smashed centuries to power New Zealand to a crushing nine-wicket win over defending champions England in the opening match of the World Cup on Thursday.England, who were without talismanic Ben...

Two cops withdrawn over ex-ACC official's death in custody

OUR CORRESPONDENT | 2023-10-06 00:00:00

CHATTOGRAM, Oct 05: Chattogram Metropoli-tan Police (CMP) has withdrawn two sub-inspectors (SIs) in connection with the death of former Assistant Director of Anti Corruption Commission (ACC) Sayed Mohammed Shahidullah in police custody.The SIs-Md Yousuf Ali and ATM Shohel Rana-who had...

Daylong rainfall disrupts city life

FE REPORT | 2023-10-06 00:00:00

The capital city experienced daylong rainfall on Thursday, disrupting the daily life of residents.Both office-goers and home-comers suffered immensely as non-stop rain left several city areas waterlogged, making it difficult for people to move around.Street vendors faced an ordeal as...

Heavy rain pushes up veggie, chilli prices

FE REPORT | 2023-10-06 00:00:00

Heavy rain in several districts pushed up further the prices of chickens, vegetables, onions and green chilli last week, intensifying the sufferings of consumers.Many vegetables witnessed a hike of Tk 10-20 a kg in the last few days while green...

TIB presents 16pt recipe for UNCAC execution

FE REPORT | 2023-10-06 00:00:00

The Transparency International Bangladesh (TIB) has offered a 16-point recommendation to enhance the implementation of the UNCAC, expressing concern over the growing illicit flow of funds out of Bangladesh.Furthermore, the anti-corruption watchdog pointed out a paucity of decisive and coordinated...

Poet Asad Chowdhury no more

2023-10-06 00:00:00

Ekushey Padak-winning poet Asad Chowdhury passed away on Thursday at Lakeridge Health Oshawa in Ontario, Canada. He was 80, reports UNB.His son-in-law, Nadim Iqbal, confirmed the matter.The revered poet passed away while undergoing treatment for blood cancer. He had been...

Projects delayed as no time- frame for DCs to acquire land

MUNIMA SULTANA | 2023-10-06 00:00:00

The authorities tweaked the land- acquisition playbook to speed up the implementation of key infrastructure projects. The new approach includes LA work in support of the main infrastructure project, allowing the deputy commissioners to acquire lands and utility shifting, while...

Briefing 2023-10-06

2023-10-06 00:00:00

Prayer Timings (2023-10-06)

2023-10-06 00:00:00

Norway playwright Jon Fosse wins Nobel in literature

2023-10-06 00:00:00

STOCKHOLM, Oct 5 (AFP): Norway's Jon Fosse, whose plays are among the most widely staged of any contemporary playwright in the world, won the Nobel prize in literature on Thursday.Sometimes compared to Samuel Beckett -- another Nobel-winning playwright -- his...