Bangladesh News

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Dozens killed at Pakistani peace meeting PDF Print E-mail
Sunday, 12 October 2008

Agencies

Peace efforts in Pakistan received a major blow yesterday when a gathering of the country's nascent anti-Taliban tribal movement was bombed, killing up to 50 and injuring 100.

The suicide attack occurred in the tribal belt running along Pakistan's border with Afghanistan, in the strategically important Orakzai area, which is used as a crossing point by Taliban and al-Qaida militants.
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Korea to take in another 5,100 after language test PDF Print E-mail
Sunday, 12 October 2008

Desk Report

South Korea will recruit 5,100 more Bangladeshis who will pass Korean language proficiency test, the foreign adviser has said.

Bangladesh Overseas Employment Services Limited (BOESL), under the expatriates welfare and overseas employment ministry, on Friday took the language test of 14,812 examinees.
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ACC mulls post-poll challenges PDF Print E-mail
Sunday, 12 October 2008

The Anticorruption Commission chairman says the antigraft body will take steps to carry on its work effectively under the next elected government, reports bdnews24.com.

"The commission will hold talks with politicians along with the government officials and the business community so that it can go on with its activities with a minimum level of cooperation," ACC boss Hasan Mashhud Chowdhury told reporters on Saturday.
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India`s economy, banking system sound: Subbarao PDF Print E-mail
Sunday, 12 October 2008

REUTERS, Washington- The Indian economy and banking system are sound, the Reserve Bank of India (RBI) chief assured the world financial community on Friday, as a global credit crunch intensified and world stock markets tumbled.

"What we are witnessing today in the Indian markets is an indirect, knock-on effect of the global financial situation," RBI Governor Duvvuri Subbarao told a news conference.
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Fearful investors dump stocks, bonds for cash PDF Print E-mail
Saturday, 11 October 2008

REUTERS, LONDON- Europe and Asia saw panic selling of stocks on Friday, knocking the benchmark world equity index to a 5-year trough, while oil fell to a one-year low as fears grew policymakers are not making enough efforts to contain the financial crisis.

Government bonds in Japan and the euro zone -- usually safer assets which outperform in times of risk aversion -- fell as investors dashed to cash in any assets they have to gain access to capital.
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Libya to withdraw assets from Swiss banks: report PDF Print E-mail
Saturday, 11 October 2008

AFP, TRIPOLI  - Libya is to withdraw its assets from Swiss banks -- estimated at seven billion dollars -- and will stop delivering oil to Switzerland, the state Jana news agency reported.

Tripoli will "also put an end to all economic cooperation with Switzerland" in protest at the "poor treatment of Libyan diplomats and businessmen by the canton of Geneva," it quoted an unnamed foreign ministry official saying.
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Financial crisis 'worries Africa' PDF Print E-mail
Saturday, 11 October 2008

The chairman of the African Union has appealed against any cut in aid following the global financial crisis, reports BBC.

Jakaya Kikwete, who is also president of Tanzania, said his country and other developing states were "deeply concerned" about the crisis.
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S Korea scrambles to defend sliding markets PDF Print E-mail
Saturday, 11 October 2008

REUTERS, SEOUL- South Korea scrambled on Friday to prop up its tumbling markets with the finance minister set to plead with US bankers to keep credit lines open for local banks under threat from the global financial crisis.

It also called on East Asian countries to expand a proposed $80 billion currency swap deal to shelter their economies from the financial storm that investors fear is pushing the global economy into recession.
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Apple iPod Touch named T3's gadget of the year PDF Print E-mail
Saturday, 11 October 2008

REUTERS, LONDON - Apple has swept the board at Britain's T3 technology magazine's annual awards, winning four top prizes, including gadget of the year for its iPod Touch.

The touch-screen music and video player beat the Asus Eee Pc budget laptop, TomTom's GO 920 car navigation system, Sony's HDR-TG3 compact camcorder and six other devices.
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Shiite politician assassinated in Baghdad PDF Print E-mail
Saturday, 11 October 2008

AP, BAGHDAD - A roadside bomb killed a prominent member of Muqtada al-Sadr's political movement Thursday, raising fears of new internal Shiite bloodshed ahead of regional elections expected in January.

The victims' allies blamed U.S. and Iraqi forces for the blast. Suspicion also fell on Shiite splinter groups — some with suspected links to Iran, which has sheltered al-Sadr for nearly 18 months.
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International crisis meeting as Dow Jones plummets below 9,000 PDF Print E-mail
Saturday, 11 October 2008

US shares plummeted again last night as fears that further, frantic efforts by governments to halt financial turmoil will fail to stave off global recession triggered another punishing slump in stock markets, reports The Times.

As panic over the danger of financial and economic meltdown swept Wall Street once more, the latest 7 per cent plunge in the value of America's blue-chip businesses piled pressure on world financial leaders gathering in Washington today to take yet more drastic measures to avert disaster.
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World must follow my example, says Gordon Brown PDF Print E-mail
Saturday, 11 October 2008

Gordon Brown today calls on nations across the world to follow Britain in its "ground-breaking" moves to save the banking system, reports The Times

The Prime Minister, writing in The Times, urges other governments to put money into struggling banks and offer similar guarantees worth hundreds of billions to persuade the banks to start lending to each other again.
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Palin faces reprimand in Troopergate inquiry PDF Print E-mail
Saturday, 11 October 2008

The Guardian Online

US vice-presidential candidate Sarah Palin faces possible censure today with the conclusion of an investigation into allegations that she committed a serious abuse of power by sacking the head of the Alaskan police force when he refused to become involved in a family feud.

Republicans last night failed in suppressing the report after Alaska's supreme court refused to shut down the investigation. Palin is expected to be criticised for failing to cooperate with the inquiry into the Troopergate affair, so called because she is alleged to have dismissed the state's public safety commissioner, Walt Monegan, after he refused to sack her former brother-in-law, a state trooper.
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India PM to open Kashmir projects PDF Print E-mail
Saturday, 11 October 2008

The Indian Prime Minister Manmohan Singh is due in Indian-administered Kashmir to inaugurate a dam opposed by Pakistan and a key rail project, reports BBC

Mr Singh will inaugurate the first phase of the Baglihar hydro-electric project on the Chenab river on Friday.
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Hackers using fake YouTube pages to attack computers PDF Print E-mail
Saturday, 11 October 2008

AFP, SAN FRANCISCO - Computer security specialists warn that hackers are using fake YouTube pages to trick people into opening their machines to diabolical software.

A deceptive YouTube attack evolving as it spreads on the Internet is part of a growing trend of hackers to prowl popular online social networking communities in which people trustingly share web links and mini-programs.
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Nature loss 'dwarfs bank crisis' PDF Print E-mail
Saturday, 11 October 2008

The global economy is losing more money from the disappearance of forests than through the current banking crisis, according to an EU-commissioned study, reports BBC.

It puts the annual cost of forest loss at between $2 trillion and $5 trillion.
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Pakistanis unite to fight extremism PDF Print E-mail
Saturday, 11 October 2008

An anti-terror petition in Pakistan has attracted almost 63m signatures in what is believed to be the biggest such lobby effort anywhere in the world, reports The Guardian..

A third of Pakistanis signed up to denounce acts of terrorism in a campaign titled Yeh Hum Naheen - This is Not Us - over a period of just four weeks.
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US faces downward spiral in Afghan war, says leaked intelligence report PDF Print E-mail
Saturday, 11 October 2008

The Guardian Online

US intelligence agencies believe the war in Afghanistan is in "a downward spiral", sparking an urgent strategy rethink by the Bush administration as it enters its last three months in office, it was reported yesterday.

The National Intelligence Estimate (NIE) on Afghanistan, a joint report by America's 16 spy agencies, is not due to be published until after next month's presidential election, but a draft version was leaked to US newspapers calling into question the coherence of US and Nato policy.
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Report reveals more countries abolishing death penalty PDF Print E-mail
Saturday, 11 October 2008

The Guardian Online

The world is moving closer to the final abolition of the death penalty, according to the latest figures published to coincide with World Day against the Death Penalty yesterday. At present, five countries are responsible for almost all the state executions carried out in the past year.

So far, 137 countries have abolished the death penalty in law or practice, while 60 retain its use, usually for people convicted of murder. At least 1,252 people were known to have been executed in 24 countries in 2007.
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Thai protest leaders surrender but no end to turmoil in sight PDF Print E-mail
Saturday, 11 October 2008

AFP, BANGKOK - Leaders of mounting anti-government protests surrendered to police Friday, but there were few signs that the move will end political turmoil in Thailand days after deadly street clashes.

Seven People's Alliance for Democracy (PAD) leaders turned themselves in after police issued arrest warrants for illegal assembly and inciting unrest, but their lawyer was confident they would be swiftly released on bail.
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Gayoom faces run-off in Maldives PDF Print E-mail
Saturday, 11 October 2008

Voting in the Maldives first multi-party presidential election has gone to a second round after President Maumoon Abdul Gayoom failed to win outright, reports BBC.

Mr Gayoom secured 41% of votes cast, while opposition leader Mohamed Nasheed came second with 25%, vote officials said. Four others were knocked out.
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