Market exploration - export by nonconvertible currencies

Bangladeshi exporters receive export payments from local banks in Taka. Banks receive from importers' banks payment in such foreign currencies which have value of store and can be used as a vehicle to settle external liabilities. Foreign currencies received by banks are retained in bank accounts abroad. These are also...

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The not so democratic face of democracy

It couldn't have been scripted better. Turkey's assault on hapless Syrians to create a buffer zone for apparent Syrian refugees that it has had to endure with met with no resistance from Russia, the US and not even poor Syria itself. A limp statement by the United Nations Secretary General...

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Europe needs a serious nuclear-energy debate

Last month, the Akademik Lomonosov, Russia's first floating nuclear power plant, arrived in the remote town of Pevek in the country's Siberian Arctic region. Russian state-run nuclear energy company Rosatom sees this as a pilot project, and hopes eventually to deploy a fleet of such units in Russia and elsewhere...

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