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Yellen concerned about Israel's threats to cut off Palestinian banks

US Treasury Secretary Janet Yellen said on Thursday she was concerned by a threat from Israel to cut off Palestinian banks from their Israeli correspondent banks, a move that would close a critical lifeline for the Palestinian economy. Yellen told a news conference ahead of a G7 finance ministers

an hour ago

As questions grow for Germany, investors warm to France

For 65 years German electrical components maker Hager has straddled the Rhine with sites on either side, but lately the family-owned group has plumped for the French side to host its expansion plans. Cuts to French business tax rates, help from local officials ready to go out of their way to ident

2 hours ago

Framework to protect human trafficking victims

The launch of the National Referral Mechanism (NRM) Framework to protect and assist victims of human trafficking is a commendable initiative. It has been learnt that NRM is a dynamic system that involves a multidisciplinary group of government and non-governmental actors guided by protocols, tools,

2 hours ago

What is good for America is not good for the rest of the world

Senator Bernard, popularly known as Bernie, Sanders' credential as a progressive politician is beyond doubt. Credited to be the longest serving independent in the history of US Congress, he ran for Democratic presidential nomination in 2016 and 2020, each time coming second to the eventual presiden

2 hours ago

A case in favour of electric rickshaws

Battery-run three-wheelers have been granted permission to ply certain roads in capital Dhaka. They are now allowed to operate on lanes, but not on main roads in the city. Extensive protests by the drivers and owners of the vehicles amid the police crackdown on the three-wheelers in the capital hav

2 hours ago

Why agri-magic falling flat to Bangladesh farmers?

Soon after its independence in 1971, western communities and foreign development agencies largely wrote off Bangladesh. Food insecurity for roughly 70 million people in a war-torn nation was the reason for labelling the country a "bottomless basket." But the country's agri-might has largely proven

2 hours ago

Gold price cut by Tk 1,084 per bhori

The prices of gold in the country's local market witnessed a fall on Thursday as the Bangladesh Jewellers’ Association (Bajus) slashed the price of 22-carat gold by Tk 1,084 per bhori (11.664 grammes). The new rate for the precious metal will come into effect on Friday, BAJUS said in a press

2 hours ago

Would have been happy to tame the inflation: PM Hasina

Prime Minister Sheikh Hasina on Thursday said she would have been happy to see the inflation go further down. “If inflation can be reduced now, people would be relieved. Production is sufficient. There is no shortage,” she said. The prime minister said this while delivering her introd

3 hours ago

Prime Bank Investment wins Independence Golden Jubilee Award 2023

Prime Bank Investment Ltd (PBIL) has been honoured with the “Independence Golden Jubilee Award 2023”, presented by the Bangladesh Securities and Exchange Commission (BSEC), according to a media statement Thursday. PBIL secured the 1st position in the Merchant Bank category, recognising

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