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US floods, rain leave 10 dead

2025-02-18 00:00:00

KENTUCKY, Feb 17 (BBC): At least 10 people have died as torrential downpours over the weekend drenched parts of the south-eastern US, submerging roads and houses.Kentucky Governor Andy Beshear said nine people have died in his state, after making an...

Trump believes Putin genuinely wants to stop Ukraine war

2025-02-18 00:00:00

NEW YORK, Feb 17 (AFP/Reuters): US President Donald Trump said Sunday he could meet "very soon" with Vladimir Putin, adding he believes his Russian counterpart genuinely wants to stop fighting in Ukraine."No time set, but it could be very soon,"...

Israel issues tender for construction

2025-02-18 00:00:00

JERUSALEM, Feb 17 (AP/AFP): Israel issued a tender for the construction of nearly 1,000 additional settler homes in the occupied West Bank, an anti-settlement watchdog said Monday.Peace Now says the development of 974 new housing units would allow the population...

Sri Lanka budget banks on car taxes to boost coffers

2025-02-18 00:00:00

COLOMBO, Feb 17 (AFP): Sri Lanka is banking on vehicle import taxes to boost revenue and revive the island nation's battered economy, leftist President Anura Kumara Dissanayake's maiden budget showed on Monday.Vehicle imports were banned in 2020 to save foreign...

Gold gains on softer dollar ---

2025-02-18 00:00:00

Gold prices rose back above $2,900 per ounce on Monday, supported by a weaker dollar and fears of an impending trade war as US President Donald Trump threatened reciprocal tariffs, reports Reuters.Spot gold was up 0.6 per cent at $2,900.44...

Oil prices steady as Ukraine peace talks loom

2025-02-18 00:00:00

Oil prices were little changed Monday, as investors eyed developments on a potential Russia-Ukraine peace deal that could ease sanctions disrupting global supply flows, reports Reuters.Brent crude futures edged lower 8 cents, or 0.11 per cent, to $74.66 a barrel...

Ominous market signals before Ramadan

Sarker Nazrul Islam | 2025-02-18 00:00:00

The arrival of the holy month of Ramadan arouses deep concern among all sections of consumers, particularly the low income groups, as the prices of some key essentials record a substantial rise. To ensure a fat profit margin, unscrupulous sections...

Ensure media freedom

2025-02-18 00:00:00

The media is the mirror of society. Ensuring media freedom is the key to upholding the public's right to information and reinforcing the foundation of democracy. Its freedom is essential for maintaining democratic balance in a country. However, biased reporting...

Informal economy under stress

2025-02-18 00:00:00

In the bustling lanes of Dhaka's Karwan Bazar, Rina Begum, a 42-year-old street vendor, arranges fresh vegetables on her wooden cart before sunrise. Her business-unregistered, untaxed, and absent from official GDP reports-is part of Bangladesh's informal economy, a vast network...

USAID freeze: how does it affect world?

Syed Fattahul Alim | 2025-02-18 00:00:00

Trump administration's freeze on USAID funds has shocked the world of aid. Shutting down of USAID, which last year covered 47 per cent of all humanitarian aid that flowed to the regions of the world in need of food, health...

Preventing fires in dry season

Mir Mostafizur Rahaman | 2025-02-18 00:00:00

Spring, a season of renewal and joy, brings with it a paradoxical challenge in Bangladesh. While the blooming flowers and pleasant weather uplift spirits, this season also marks the driest period of the year, accompanied by a distressing surge in...

Erosion of savings

2025-02-18 00:00:00

The drop in both domestic savings and national savings, as the Bangladesh Bureau of Statistics (BBS) estimates, is certainly a cause for concern but hardly surprising. Fixed-income people---salaried and wage earners---have in most cases found their income where it was...

Trump's neo-imperial ambitions: vestiges of expansionism

Serajul I. Bhuiyan | 2025-02-18 00:00:00

Global politics sometimes offers us leaders' territorial expansionist ventures reminiscent of past ambitions. Donald Trump, the 47th US President, wished to place territories like Greenland, Canada, the Gaza Strip, and the Panama Canal under United States' control. These objectives are...

Banks begin lowering both deposit, lending rates

SIDDIQUE ISLAM and JUBAIR HASAN | 2025-02-17 12:00:00

A downturn in gains from investment in government securities prompts banks to begin lowering deposit and lending rates both with their attention now switched to private-sector lending, sources say. According to bankers and money-market analysts, initially, the commercial lenders are...

Climate crisis and food insecurity-key issues for developing countries, WFP and FAO

Muhammad Zamir | 2025-02-17 12:00:00

Recently in an interview, Andre Correa do Lago, Brazilian Foreign Ministry's Secretary for the Environment urged countries to set new high goals to reduce greenhouse gas emissions. It may also be noted that with the February deadline for the signatories...

Quality gas and electricity supply for industries

Mushfiqur Rahman | 2025-02-17 12:00:00

The Financial Express reports (February 11, 2025) that the 'final economic growth for the last fiscal year was lowered by 1.60 percentage points to only 4.22 per cent as the real export earnings were much lower than the projected statistics...

UK govt backs steel industry amid tariff threat

2025-02-17 00:00:00

LONDON, Feb 16 (AFP): The UK government on Sunday announced a multi-billion-pound plan to protect Britain's steel industry, as it faces looming US trade tariffs.Prime Minister Keir Starmer's Labour administration said it was stumping up to o2.5 billion ($3.2 billion)...

Wheat unloaded at Mongla Port for the first time

2025-02-17 00:00:00

For the first time, a consignment of wheat imported from Argentina has been unloaded at Mongla, the country's second-largest seaport, reports UNB.According to Abdus Sobhan Sardar, Assistant Controller of the Mongla Food Controller Office, the vessel carrying 50,200 tonnes of...

Halda becoming hazardous for fishes

NAZIMUDDIN SHYAMOL | 2025-02-17 00:00:00

CHATTOGRAM, Feb 16: The death of dolphins in the Halda River, a part of the national heritage, continues unchecked, as the number of dead dolphins has increased to 45 this year. A dead dolphin was recovered from the Kagatia Canal...

Operation Devil Hunt: 389 more arrested

2025-02-17 00:00:00

The joint forces have arrested 389 people across the country under 'Operation Devil Hunt' in the last 24 hours until Sunday afternoon, according to the police headquarters, reports UNB.This brings the total number of arrests under the operation to 4,790,...

Death toll in Ashulia incident rises to two

2025-02-17 00:00:00

Another victim who suffered burn injuries in a gas cylinder blast in Savar died while undergoing treatment at a Dhaka hospital on Sunday, raising the death toll to two, reports UNB.The deceased was identified as Sumon, 32.DR Shawon Bin Rahman,...

Police use force to disperse protesters at Secretariat

FE REPORT | 2025-02-17 00:00:00

Police on Sunday used force to disperse the protesting primary-schoolteacher candidates as they tried to take position in front of the Secretariat in the city, causing traffic chaos.The job seekers continued their protest demanding immediate appointment for the 11th day....

HC issues rule on unused mobile data and minutes carryover

FE REPORT | 2025-02-17 00:00:00

The High Court on Sunday issued a rule upon the respondents to explain why they should not be directed to include the unused mobile internet data, talk time and SMSs in the next packages purchased by the users. The respondents...

Service charges decrease to 5.0pc from 9.0pc

M AZIZUR RAHMAN | 2025-02-17 00:00:00

The government has reduced the service charges on the import of high-sulfur fuel oil (HFO), also known as furnace oil, to 5.0 per cent from previous 9.0 per cent to lower the electricity generation costs.State-run Bangladesh Power Development Board (BPDB)...

BRTA’s order on meter-based fares of CNG auto-rickshaws withdrawn

FE REPORT | 2025-02-17 00:00:00

In the face of protests by CNG-run auto-rickshaw drivers, Bangladesh Road Transport Authority (BRTA) on Sunday withdrew its order to enforce meter-based fares or realise fines or award jail terms for overcharging passengers. The government withdrew the directive after six...

Manipulators warned of stern action, heavy penalties

FE REPORT | 2025-02-17 00:00:00

Amid warning of stern actions against the ongoing anarchic situation on the edible-oil market, refiners on Sunday assured bringing normalcy soon.Yet, the consumers would have to go through the ongoing bitter experience for at least one and a half weeks.Shifting...

Prayer Timings (2025-02-17)

2025-02-17 00:00:00

Dhaka, Delhi recognise importance of working together

2025-02-17 00:00:00

Bangladesh and India on Sunday recognised the challenges the two neighbours are facing in terms of bilateral relations and discussed the necessity to work together to address those, reports UNB .On the sidelines of the 8th Indian Ocean Conference (IOC),...

US company wants undoing of PPA termination

SYFUL ISLAM | 2025-02-17 00:00:00

Five years after the power-purchase agreement (PPA) was terminated, SunEdison USA has sought permission to build a 200-megawatt solar power plant in seaside Cox's Bazar. After the regime change in Bangladesh the Missouri-based renewable energy giant, which wanted to invest...

Gold import not affordable now

FE REPORT | 2025-02-17 00:00:00

Luxury loses priority for now as the government is unable to facilitate gold import presently for foreign-currency crunch as import essentials like rice, fuels and so weighs on uncomfortable level of reserves. Chairman of the National Board of Revenue (NBR)...