News Desk :The World Bank Group delivered a record $31.7 billion in the fiscal year 2022 (FY22) to help countries address climate change. This is a 19 per cent increase from the $26.6 billion all-time high in financing reached in the previous fiscal year, according to a press release. The Bank Group continues to be the largest multilateral financier of climate action in developing countries, it says. David Malpass, President of the World Bank Group said, “In our last fiscal...
Day: September 10, 2022
Staff Reporter :The country’s foreign currency reserves have declined to $37.06 billion after the routine payment of $1.73 billion made to the Asian Clearing Union (ACU).The ACU is an arrangement to settle payments for intra-regional transactions among member countries against imports.India, Bangladesh, Bhutan, Iran, the Maldives, Myanmar, Nepal, Pakistan and Sri Lanka are the members of the ACU, whose headquarter is in Tehran. The member countries clear their payments every two months.The foreign exchange reserves were $38.94 billion on Wednesday...
Reuters :Russia’s invasion caused over $97 billion in direct damages to Ukraine through June 1, but it could cost nearly $350 billion to rebuild the country, a report released Friday by the World Bank, Ukrainian government and European Commission shows.It said Ukraine had suffered $252 billion in losses through disruptions to its economic flows and production, as well as extra expenses linked to the war, while the displacement of one-third of all Ukrainians was expected to jack up its poverty...
Staff Reporter :Police charged batons to disperse job seekers in Shahbag area where they were demanding to extend the maximum age limit for government job applications to 35 years. At the time eight protesters were injured and police arrested two persons from the protest, claimed organizers. However, police allegedly harassed journalists who were there to cover the news.On Friday (September 9) around 4 pm, a group of job seekers started protesting by blocking the road at Shahbagh intersection under the...
DU Correspondent :The suicide tendency among the students of the country has been rising alarmingly. Record says that this year around 45 students on average committed suicide per month which was remain much less before pandemic.At least 364 students of various educational institutions committed suicide in last eight months, according to the study conducted by Aachol Foundation.Some 194 suicide incidents, the highest number, were recorded among school level students, while the higher tendency was observed among female students which is...
Staff Reporter :An inmate died in Kashimpur High-Security Central Jail in Gazipur on Thursday night.The deceased was identified Afaz Uddin (20), son of one Hossain Ali of Dakshin Dhanua area of Sripur Upazila of Gazipur.According to Jail sources, Afaz fell ill in the Kashimpur central jail suddenly. At that time he rushed to Gazipur Shaheed Tajuddin Ahmad Medical College Hospital. Later, the doctor made an examination and declared him dead around 10:30 am.Nurunnabi Bhuiyan, Senior Jail Superintendent (Acting) of Kashimpur...
UNB :A case was filed accusing 50 identified BNP men and 1500 to 2000 unnamed ones over a clash between police and supporters of the party that left over 50 injured during a programme in Gangachara upazila of the district on Thursday.Law enforcers have so far arrested four BNP activists from different areas of the upazila since the clash.Hossain Raihan, assistant commissioner of police (ASP) of the district, confirming the arrests said the case was filed accusing 50 named individuals...
The veteran bureaucrat and economist Akbar Ali Khan, a former adviser to the caretaker government, passed away on Thursday at the age of 78. Akbar Ali Khan held various positions including that of cabinet secretary in his career in the civil service. Upon retirement, he taught at two universities. He was made adviser to a caretaker government but resigned from the position due to differences in discharging duties. Akbar Ali Khan dedicated himself fully to writing, and his books on...
Taming campus-based student politics! Taking into account – the global standard in higher education aiming to meet 21st century needs – it is for sure that the quality and status of higher education in Bangladesh are gradually declining. The existing higher education curriculum in the country is only a tool for creating unemployed graduates who are not in tune with the industrial needs. Moreover, in the name of student politics, anarchy and chaos on campus are constantly affecting the higher...
Al Mamun Harun Ur Rashid :India has failed to respond to the cry of thousands of inhabitants of northern Bangladesh...
The Economist :The Queen is dead. The second Elizabethan era is over. In the hours and days to come, the...