** People rescuing an injured passenger from inside a passenger bus hit by a truck on Dhaka-Mawa Expressway in Shologhar area of Shreenagar upazila in Munshiganj on Thursday. ** Motorcycles allowed on Padma Bridge after 10 months ** Commuters charge extra fare, passengers disappointed ** 78 people killed in Yemen stampede ** Moon sighting committee meets today to ascertain Eid day ** 9 killed in road accidents in 3 districts ** US announces new $325 m military aid package for Ukraine ** Eid-ul-Fitr in Saudi Arabia today ** Eid exodus begins ** LPG price cut illusive ** 15 hurt as bus overturns in capital ** New interbank cheque clearing timings set for Eid holidays ** Four women hit by a train die in Tangail ** 12.28 lakh SIM users left Dhaka on Tuesday ** Sylhet engineer threatened over power outage ** People rush to village homes to spend Eid holidays with their near and dear ones. This photo was taken from Sadarghat Launch Terminal on Tuesday. NN photo ** Surge in cases of dehydration, diarrhoea amid summer heat wave ** Padma Bridge construction cost increases by Tk 2,412cr ** PM gives Tk 90m to Bangabazar fire victims ** Textile workers block highway demanding wage, Eid bonus ** Attack on PM's motorcade Ex-BNP MP, 3 others get life term ** Load-shedding increases for demand of electricity during heat wave ** Motorbikes to be allowed on Padma bridge from Thursday ** 5-day Eid vacation begins from today ** Take Nangalkot train accident as a warning about negligence of govt functionaries **
Addis Action Agenda adopted

Developing countries sidetracked

17 July 2015

Staff Reporter :The Addis Ababa conference on financing development of the developing and least developed nations ended in adoption of Addis Abada Agenda (AAA) on Thursday in strong opposition of developed countries especially led by the UK forcing participating countries to agree on a compromised outcome agreement. There is virtually nothing new or little hope for developing countries in it.EquityBd in Dhaka released the outcome yesterday in a statement. It said the G77 plus China group representing all developing and least developed countries led by Brazil, India and South Africa tried best for pursuing the agenda of Intergovernmental Tax Body, Sustainable Debt Mechanism, Measurable Commitment on Overseas Development Assistance (ODA) including Climate Finance and inclusion of CBDR (common but differential responsibilities) principles in the AAA. But the move was foiled with the compromise agenda at the end.  Bangladeshi civil society participants Asgar Ali Sabri, Mohshin Reza and Rezaul Karim Chowdhury said the outcome has reflected  policies of the developed countries as they were reluctant to come up with new financing and tangible action to tackle illicit financial flow to stop the capital flight. Dr Abdul Momen, Bangladesh's Permanent Representative to UN spoke as one of the panelists in a side event organized by ACG (Addis Civil Society Group), Third World Network and Eurodad held at Elilly International HotelHe urged for reform in global financial architecture and global governance where developing especially least developed countries have little policy space. He urged global community especially developed countries to come forward with a new challenging financing model like Marshal Plan to finance and support UN Post 2015 Sustainable Development Goals (SDG). Implementation of SDG is imperative to save planetThe Addis Ababa outcome is that more than 100 developing countries will remain excluded from decision making on global tax standards.

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