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G20 voices broad support for two-state solution in Mideast

2024-02-24 00:00:00

RIO DE JANEIRO, Feb 23 (AFP): G20 nations broadly back a two-state solution to the conflict in the Middle East, host Brazil said Thursday after a meeting of top diplomats, adding to pressure on Israel to accept an independent Palestinian...

Gold edges up on weaker dollar, Middle East worries

2024-02-24 00:00:00

Gold prices crawled up on Friday, buoyed by a slight pullback in the dollar and safe haven demand due to escalating tensions in the Middle East, reports Reuters.Spot gold was up 0.1 per cent at $2,026.20 per ounce at 1325...

Shell's LNG trading makes $2.4b in Q4

2024-02-24 00:00:00

LONDON, Feb 23 (Reuters): Nearly a third of Shell's profit in the fourth quarter of 2023 came from the $2.4 billion it made in trading liquefied natural gas (LNG) as it captured strong demand ahead of winter, three sources close...

Corn, soybeans recover from three-year lows

2024-02-24 00:00:00

SINGAPORE/PARIS, Feb 23 (Reuters): Chicago corn and soybean futures edged higher on Friday, with bargain-buying lifting prices after both markets dropped to their lowest levels in three years, although plentiful supplies are likely to limit gains.Wheat rose for a second...

Oil set for weekly decline as Fed in no rush to cut interest rates

2024-02-24 00:00:00

LONDON, Feb 23 (Reuters): Oil prices fell on Friday and were on track for a weekly decline after the US central bank indicated that interest rate cuts could be delayed by at least two more months.Brent crude futures were down...

England's Ahmed leaves India tour for personal reasons

2024-02-24 00:00:00

RANCHI, Feb 23 (AFP): England spinner Rehan Ahmed will leave India because of "personal reasons" and will not return for the rest of the series, the country's cricket board said Friday as the fourth Test began."He will not be returning...

Germany's Alexander Zverev celebrates

2024-02-24 00:00:00

Germany's Alexander Zverev celebrates a point against Australia's Thanasi Kokkinakis during the Mexico ATP Open 250 men's singles tennis match at the Cabo Sports Complex in Los Cabos, Mexico on Friday — AFP

Root's patient ton helps England to 302-7 after early wkts

2024-02-24 00:00:00

RANCHI, Feb 23 (AFP): Joe Root hit an unbeaten 106 to lead England's recovery from early trouble after Indian fast bowler Akash Deep took three wickets on debut in the fourth Test on Friday.England, who are fighting to stay alive...

Liverpool's Salah, Nunez in contention for League Cup final

2024-02-24 00:00:00

LIVERPOOL, Feb 23 (AFP): Liverpool could be handed a major boost ahead of the League Cup final against Chelsea on Sunday, with Mohamed Salah, Darwin Nunez and Dominik Szoboszlai all in contention to play after injury problems.All three sat out...

Australia punish New Zealand to win second T20 and clinch series

2024-02-24 00:00:00

AUCKLAND, Feb 23 (AFP): Australia's bowlers sliced through some reckless New Zealand batting on Friday to win the second Twenty20 international by 72 runs in Auckland and clinch the three-match series.Leg-spinner Adam Zampa knocked over the middle order to finish...

Two penalties by Diabate enable Dhaka MSC to draw 2-2 with Dhaka Abahani

2024-02-24 00:00:00

The titans battle between country's two traditional clubs --Dhaka Abahani Limited and Dhaka Mohammedan SC--in the 10-team Bangladesh Premier League (BPL) Football ended in 2-2 draw at the Rafiq Uddin Bhuiyan Stadium in Mymensingh on Friday, reports UNB.In the day's...

Tamim guides Barishal to playoff spot

2024-02-24 00:00:00

Fortune Barishal secured their place as the fourth team in the Bangladesh Premier League (BPL) playoffs on Friday with a convincing victory over Comilla Victorians, who had already confirmed their playoff berth, reports UNB.Before Barishal and Comilla, Rangpur Riders and...

A great asset class for risk-averse investors -I

Abul Ahsan Ahmed | 2024-02-24 00:00:00

Bangladesh is one of the fastest growing economies of the world. As per a Bloomberg report, Bangladesh is stated to be on a track to be a trillion dollar economy by 2040. In contrast, the MAC (middle and affluent class)...

Rain, Rain, don't go away

Nilratan Halder | 2024-02-24 00:00:00

A shower of rain can make a whole lot of difference. The difference is quite evident right in the surrounding. It could not be more pronounced when Thursday's somewhat untimely but welcome shower literally cleansed the gloom that proved overbearing...

Saving youths from deadly clutch of drug

2024-02-24 00:00:00

One of the most pressing issues facing our country is the rampant drug abuse. The consumption of drugs is escalating at an alarming rate, making it the second most profitable illicit business after arms trafficking. Unfortunately, there is virtually no...

Save rivers and save lives

2024-02-24 00:00:00

Bangladesh, a riverine country, has historically relied on its rivers for major activities such as travel and commerce, which has had significant impacts on its people's lives, traditions, and culture. These waterways play a pivotal role in our economy. However,...

Bank customers and overregulation

Tanim Asjad | 2024-02-24 00:00:00

An international debit card user goes to the issuing bank to endorse the card on his passport. Due to a crisis in the US dollar in the country's foreign exchange market, the user needs to endorse the card every six...

The pestering problem of NPLs threatens economy

Syed Mansur Hashim | 2024-02-24 00:00:00

The issue here is the much maligned subject of non-performing loans (NPLs). The only difference this time, quite importantly, is that the World Bank (WB) has been holding a series of meetings with the "Financial Institutions Division, Bangladesh Bank, and...

Rise in dubious financial transactions concerning

2024-02-24 00:00:00

Normally, an increase in the number and frequency of financial transactions is indicative of the growth of an economy. But it may also be that, far from being contributory, a certain proportion of the transactions is rather harmful to the...

Reaching high-Income status

M Rokonuzzaman | 2024-02-24 00:00:00

Upon reaching the low middle-income status, a natural resource-poor populous country aspires to reach high-income status. As the low-cost labour advantage has already been exhausted, development professionals are of the opinion that the past path of labour export would not...

Exim Bank signed agreement with Computer Network Systems

2024-02-23 12:00:00

Exim Bank has signed an agreement with Computer Network Systems (CNS) Limited in a programme held at CNS head office recently. Managing Director and CEO of Exim Bank Mohammad Feroz Hossain and Senior Executive Director of CNS Ltd Major Md....

Poet Farrukh Ahmad in retrospect

Jehangir Hussain | 2024-02-23 12:00:00

Farrukh Ahmad, a celebrated poet, commonly known as ‘the poet of renaissance’ as many of his poems emblem the spirit of resurrection particularly in the hearts of the down-trodden people of pre-1947 Bengal. His compositions reflect humanism, patriotism, and the spirit of religion.He...

Transport employee killed in city road crash

2024-02-23 00:00:00

JATRABARI, Feb 22 (UNB): A 50-year-old employee of a transport operator was killed when two buses collided in the capital's Jatrabari area on Wednesday.The deceased was identified as Mohammad Rakibul Hasan Nasir, the counter manager of Bonphool Paribahan.

Weather (2024-02-23)

2024-02-23 00:00:00

Rain/thunder showers accompanied by temporary gusty wind is likely to occur at a few places over Rangpur, Rajshahi, Mymensingh, Dhaka, Sylhet, Khulna, Barishal and Chattogram divisions in the next 24 hours from 06:00 am today (Friday), according to the Met...

Govt always welcomes constructive criticism, says Arafat

2024-02-23 00:00:00

State Minister for Information and Broadcasting Mohammad Ali Arafat on Thursday said that the current government always welcomes constructive criticism, reports UNB.The government just wants to challenge misinformation and disinformation with true information, he said.The state minister said this in...

NSU organised a discussion and cultural programme

2024-02-23 00:00:00

North South University (NSU) organised a discussion and cultural programme on the occasion of the Martyrs Day and International Mother Language Day 2024 on the university campus in the city on Thursday. Dr Kamal Abdul Naser Chowdhury, Education and Cultural...

EWU marks Int'l Mother Language Day

2024-02-23 00:00:00

East West University (EWU) observed International Mother Language Day through a befitting programme on its city campus on Wednesday, says a statement.The programme started with 'Provat Ferry' and placing wreaths at the 'Shaheed Minar' on the campus.EWU Clubs for Performing...

DU admission test begins today -

DU CORRESPONDENT | 2024-02-23 00:00:00

Dhaka University (DU) honours first year admission test for the 2023-24 academic session will begin today (Friday). On the first day, the admission test of the Faculty of Arts, Law and Social Science will be held.The convener of Dhaka University's...

Thrust on more space for BD expat writers

FE REPORT | 2024-02-23 00:00:00

Speakers at a literary and cultural conference have sought greater scope for expatriate Bangladeshi poets and writers aiming to ensure publicity of their literary works in the country.They made the call on Thursday, the opening day of the three-day maiden...

Pay benefits to retirees within six months: HC

FE REPORT | 2024-02-23 00:00:00

The High Court has directed the authorities concerned to pay financial benefits to teachers and staffers of MPO (monthly payment order)-affiliated educational institutions within six months of their retirement.On Thursday, the HC bench of Justice Naima Haider and Justice Kazi...