End of LIBOR era -- Bangladesh should prepare from now on

LIBOR (London Inter Bank Offered Rate) is the most popular and worldwide accepted benchmark rate in determining loan pricing in multiple currencies. Libor was first introduced in1986 when the BBA (British Bankers' Association) launched official commencement of this rate initially in only three currencies viz., US Dollar, GBP and Japanese...

A new script for an evolving Middle East

Representatives of the governments of United Arab Emirates, Bahrain, Israel, and United States converged in Washington, DC on September 15 to sign the historic normalisation accords between the Gulf nations and Israel. The agreements, dubbed as the "Abraham Accords" by White House officials, made these two countries from the Gulf...