Day: March 18, 2024
AFP : The US Federal Reserve is widely expected to keep its key lending rate unchanged again on Wednesday, as policymakers continue discussions over when to start rate cuts and launch the next phase in their long-running battle against inflation. The Fed has raised interest rates to a 23-year high of between 5.25 and 5.50 percent as it looks to return inflation firmly to its long-term target of two percent. After making significant progress against rising prices last year, 2024...
Al Jazeera : Niger has suspended its military agreement with the United States “with immediate effect”, according to the ruling military spokesman Colonel Amadou Abdramane, in a blow to US security interests in the region. The pact allowed US military personnel and civilian defence staff to operate from Niger, which plays a central role in the US military’s operations in Africa’s Sahel region and is home to a major airbase. The decision, announced on Saturday, came after senior US officials...
Staff Reporter : Padma Bank and EXIM Bank will sign a Memorandum of Understanding (MoU) on Monday on merging the two banks. Ahead of merging with Padma Bank, EXIM Bank has published price-sensitive information as per the approval of Bangladesh Bank (BB). Company Secretary of EXIM Bank Monirul Islam issued the notice containing price-sensitive information adding that the merger process will be completed after completing all formalities set by the regulator or the Bangladesh Bank. Earlier on March 4, the...
Bangladesh stands at a critical juncture as it grapples with the intricacies of its budgetary framework. The annual development programme...
Al Jazeera : At least four foreign students have been injured after a Hindu far-right mob allegedly stormed a university hostel in India’s western Gujarat state and attacked the group of students for offering prayers during the holy month of Ramadan, local media has reported. India’s Ministry of External Affairs on Sunday pledged to take “strict actions against the perpetrators”, as the local police in the home state of Prime Minister Narendra Modi said an investigation was under way in...
Sr. Staff Reporter, Rangpur : Rangpur Local Government Engineering Department (LGED) has implemented extensive development activities in the last 15 years. From 2009 to 2023, a total of 1,612 km of roads have been developed in Rangpur district. Out of this upazila road is 532 km, union road is 467 km and rural road is 613 km. About 5 thousand 203 meters of bridge-culverts have been constructed and developed during the said period. Under LGED, 40 Union Parishad Buildings, 8...
Staff Reporter : The country’s stock market witnessed a significant downturn, with prices declining for all five trading days last...
Benapole Correspondent : A total of 400 metric tons of potatoes have been imported from India through Benapole port to control the market price on Thursday evening. The Consignment of Potatoes will be released on Sunday. Besides rice, pulses, wheat, eggs, onions and green chillies, the government has also given permission to import potatoes. Director of the port Rezaul Karim confirmed the importation of 400 metric tons of potatoes imported by 16 trucks in two consignments at the evening on...
Al Jazeera : A suspect has been taken into custody in New Jersey after allegedly shooting dead three family members, authorities have said, following an hours-long effort to detain him. Andre Gordon, 26, “surrendered peacefully”, Trenton Police Department spokeswoman Lisette Rios told the AFP news agency on Saturday, after a trail of violence that triggered shelter-in-place orders in two states. Authorities said Gordon, who is believed to be homeless, began the day by carjacking a vehicle in Trenton before driving...