Bangladesh News

Wednesday
Nov 22nd
Archive
World markets fall as US bailout seen taking time PDF Print E-mail
Tuesday, 30 September 2008

AP, TOKYO -- World stock markets tumbled Monday as investors reacted coolly to Washington's $700 billion bank bailout deal, recognizing that cleaning up the bad debt mess will take a long time and likely drag on global economic growth for the foreseeable future.

Anxiety about spreading fallout from the U.S. financial meltdown grew on news that Belgium, the Netherlands and Luxembourg pledged more than 11 billion euros ($16 billion) to Dutch-Belgian bank and insurance giant Fortis NV to keep it from insolvency.
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Crisis slams European banks, stocks as world awaits US vote PDF Print E-mail
Tuesday, 30 September 2008

AFP, NEW YORK- US lawmakers agreed a 700-billion-dollar bailout of financial groups, but the financial hurricane slammed into European banks and global markets Monday amid doubts over whether the deal would get through Congress.

The British government nationalised Bradford and Bingley bank, three governments rescued Dutch-Belgian giant Fortis and Belgian-French bank Dexia was the latest in line for attack.
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Some 20,000 refugees flee Pakistan for Afghanistan PDF Print E-mail
Tuesday, 30 September 2008

REUTERS, KABUL- Some 20,000 people from Pakistan's northwestern tribal region of Bajaur have fled to Afghanistan this summer due to intense fighting between government forces and militants, the United Nations said on Monday.

The Pakistani military launched an offensive in August for control over the strategically key region of Bajaur and have been involved in heavy fighting since then.
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Focus on Hasina, Khaleda meet could derail polls: KP PDF Print E-mail
Tuesday, 30 September 2008

The recent focus on a meeting between the two former prime ministers Sheikh Hasina and Khaleda Zia could have an adverse impact on the Dec 18 election, a senior Kallyan Party leader said Sunday, reports bdnews24.com.

"The Dec 18 polls might be hampered if dialogue between the two former prime ministers gets too much attention. People are worried about this," chairman of Kallyan Party, retired major general Syed Muhammad Ibrahim, said to reporters at the party office in Mohakhali-DOHS.
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Five Lebanese soldiers killed in bomb blast PDF Print E-mail
Tuesday, 30 September 2008

AFP, TRIPOLI, Lebanon- Five Lebanese soldiers were killed on Monday in a car bombing targeting an army bus on the outskirts of the restive northern city of Tripoli, security and military officials said.

A security official said 24 people, including 18 soldiers, were wounded in the second deadly attack to target the army in two months, further shaking stability in the troubled country amid efforts at national reconciliation.
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China hails spacewalk 'heroes' and sets eyes on moon PDF Print E-mail
Tuesday, 30 September 2008

AFP, BEIJING - The first Chinese man to walk in space was hailed as a national hero Monday, as the emerging space power gave one of its clearest indications yet that it is now reaching for the Moon.

Mission commander Zhai Zhigang, 41, and his two fellow astronauts arrived here to mass-circulation papers filled with praise for their historic 68-hour voyage on board the Shenzhou VII spacecraft.
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Egypt desert hostages freed after 10-day ordeal PDF Print E-mail
Tuesday, 30 September 2008

AFP, CAIRO - A group of European tourists and their Egyptian guides snatched by armed bandits in a remote desert 10 days ago have been freed unharmed and a number of kidnappers killed, officials said on Monday.

"The hostages have been freed and are in good health. They are being brought to Cairo airport," Egyptian state television quoted an official as saying.
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Far right snatches votes from Austrian ruling parties PDF Print E-mail
Tuesday, 30 September 2008

AFP, VIENNA - Resurgent far-right parties dealt a severe blow to Austria's mainstream Social Democrats and conservatives in an election that left the country facing tense negotiations for a new government.

The success of the anti-immigrant Freedom Party and the Alliance for Austria's Future in Sunday's election also created international concern with Israel saying it was following events with "anxiety".
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Cadbury recalls 11 products from sale in China PDF Print E-mail
Tuesday, 30 September 2008

Agencies

The British chocolate maker Cadbury today said it was recalling 11 product ranges from sale in China as the country's tainted milk scandal continued to grow.

The withdrawals come over fears that the products could contain the chemical melamine, which can cause kidney stones and lead to kidney failure.
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Iraq says doctors can carry guns PDF Print E-mail
Tuesday, 30 September 2008

REUTERS, BAGDHAD- Doctors in Iraq will have the right to carry guns to protect themselves, the government said on Monday, in a bid to address the security concerns of a profession that has been targeted by gangsters and militants.

Thousands of Iraqi doctors have fled over the past five years, leaving the country desperately short of qualified medical personnel. Doctors held a conference in Baghdad in June to ask for better protection.
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Bihar deploys police as flood victims protest PDF Print E-mail
Tuesday, 30 September 2008

REUTERS, PATNA, India- Hundreds of police were deployed in flood-hit Bihar on Monday, a day after soldiers opened fire on angry villagers demanding food and relief, wounding at least a dozen people.

Police said a huge crowd threw stones at an army convoy in Bihar on Sunday, demanding food and shelter.
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'Helicopter with four crew crashes in Darfur' PDF Print E-mail
Tuesday, 30 September 2008

REUTERS, KHARTOUM- A helicopter with four crew on board crashed in Sudan's Darfur region on Monday, the UN and peacekeepers said, although it is not yet known whether there were any casualties.

The private aircraft, contracted by the joint UN/African Union UNAMID peacekeeping mission in the region, came down soon after taking off from Nyala, the capital of South Darfur at about 9.15 a.m. local time (0615 GMT), said officers.
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High Court refuses Hasina bail PDF Print E-mail
Tuesday, 30 September 2008

Noor Ali Case

AL to file appeal against order

Staff Correspondent

The High Court on Monday refused Awami League chief Sheikh Hasina bail in the extortion

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Price of power shoots up PDF Print E-mail
Tuesday, 30 September 2008

Staff Correspondent

Power will be 16 percent costlier for bulk consumers from Oct 1 in a decision announced by the regulators Monday that will soon see rates go up for retail customers.

For bulk consumers, the average price of one kilowatt-hour power will be upped to Tk 2.37 from Tk 2.04.
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'Bail refusal not a good sign' PDF Print E-mail
Tuesday, 30 September 2008

Desk report

Awami League's Suranjit Sengupta sees the High Court's refusal on Monday to grant party chief Sheikh Hasina bail in the Noor Ali extortion case as 'not a good sign'.

"Allow Sheikh Hasina to return home or we will be forced to take to the streets. Don't drive us to the streets," the member of the AL's policymaking presidium said to the government policymakers.
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Govt offices open Tuesday PDF Print E-mail
Tuesday, 30 September 2008

Agency

Government offices will remain open on Tuesday, an official says.

The government appeared undecided as offices closed on Monday afternoon about whether Tuesday should be a workday prior to the Eid-ul-Fitr.
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Billions in tobacco taxes uncertain PDF Print E-mail
Tuesday, 30 September 2008

Agency

A government decision to deny subsidised Urea fertiliser to tobacco farmers could result in chaos descending on the country's premier cash-crop tobacco, industry leaders say.

"There could be larger repercussions on the industry as a whole and the hefty Tk 4200 crore Supplementary Duty and VAT generated by the end-product," said Nasir Uddin Biswas, chairman of Bangladesh Cigarette Manufacturers Association (BCMA).
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Buses, trains, ferries heave ahead of Eid PDF Print E-mail
Tuesday, 30 September 2008

Bdnews24.com

Bus, train and ferry terminals have been teeming with homebound people leaving the capital ahead of Eid.

The city's long haul bus stands, Kamlapur rail station and Sadarghat ferry terminal were packed to overflowing with departing holiday crowds through Sunday.
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Hearing on delimitation of constituencies deferred PDF Print E-mail
Tuesday, 30 September 2008

Staff Correspondent

The High Court has deferred a final hearing on the writ petition challenging the gazette for delimitation of the Jatiya Sangsad constituencies.

A High Court vacation bench of Justice Nazmun Ara Sultana and Justice Md Rezaul Haque on Monday gave the order when the petitioner's counsel appealed for more time.

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StanChart CEO gives in, gets bail PDF Print E-mail
Tuesday, 30 September 2008

Desk Report

Standard Chartered Bank CEO Osman Tarik Murad was granted bail Monday after surrendering to court in a car seizure case for which an arrest warrant had been issued against the foreign national.

Murad appeared before the Dhaka Chief Metropolitan Magistrate's Court seeking bail after an arrested warrant was issued against him on Sept 22.
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Search for VCs ends PDF Print E-mail
Tuesday, 30 September 2008

A high-powered search committee of the education ministry has decided on two panels comprising three applicants each for appointment as vice chancellors of Comilla University and Jagannath University, reports bdnews24.com.

A ministry circular issued Monday said the ministry will now forward the two panels to the president for apprval.
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