Bangladesh News

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Dec 16th
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Tata Motors sees Nano demand outpacing supply PDF Print E-mail
Saturday, 26 July 2008

Tata Motors, India's top vehicle maker, sees initial demand for its ultra-cheap Nano topping supply, but expects the full year to March to be tough because of high input costs, the chairman said, reports Reuters.

Tata Motors, which recently purchased the Jaguar and Land Rover luxury brands for $2.3 billion, is scheduled to roll out the Nano, the world's cheapest car, around October.
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House bid to sell oil from reserve fails PDF Print E-mail
Saturday, 26 July 2008

REUTERS, WASHINGTON- The House of Representatives on Thursday failed to pass legislation intended to cool off gasoline prices by requiring the government to sell 70 million barrels of light sweet crude oil from the Strategic Petroleum Reserve, the national stockpile.

Democrats had pushed the legislation, hoping to lower surging oil prices by putting more of the reserve's light sweet crude, sought by refiners, on the market. Sweet crude is desirable because it has less sulphur and is more easily refined into gasoline, diesel fuel and other petroleum products.
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India's IT hub hit by series of blasts PDF Print E-mail
Saturday, 26 July 2008

At least six explosions in the Indian city of Bangalore have killed one person and wounded 15 more, reports Al Jazeera.

Friday's blasts are believed to have been caused by gelatin stick bombs.

"In all these cases they have created the blast using timer devices," Shankar Bidri, commissioner of police, told reporters at the site of one of the blasts.
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Obama urges Europeans, Americans to defeat terror PDF Print E-mail
Saturday, 26 July 2008

AP, BERLIN - Cheered by an enormous international crowd, Democratic presidential contender Barack Obama on Thursday summoned Europeans and Americans together to "defeat terror and dry up the

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Asia stocks fall, haunted by growth fears PDF Print E-mail
Saturday, 26 July 2008

REUTERS, HONG KONG - Asian stocks fell on Friday, halting a four-day rally, after weak US housing and jobs data and volatility in the financial sector once again reminded investors of the fragile state of the global economy.

Oil edged up from a seven-week low to around $125.50 a barrel, though the view that US energy demand is deteriorating is keeping a lid on prices.
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30m still in chronic poverty PDF Print E-mail
Saturday, 26 July 2008

CPRC report reveals

Desk Report

Up to 30 million people of Bangladesh live in chronic poverty and have not benefited from economic growth, economists said Thursday at the launch of The Chronic Poverty Report 2008-09 by the Chronic Poverty Research Centre (CPRC).

Various reasons including bias in poverty mapping and disproportionate resource allocation by the government, donors and NGOs were behind the phenomenon, according to the report.
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Cricket's Champions Trophy faces pull-out threat PDF Print E-mail
Saturday, 26 July 2008

AFP, KARACHI - Holders Australia and other key nations could pull out of the Champions Trophy after the International Cricket Council decided to go ahead with the tournament in Pakistan, officials said Friday.

The Australian and New Zealand players' associations called on their country's governing bodies not to send teams to Pakistan, while England players will be asked if they want to travel.
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Five killed in Kashmir explosion PDF Print E-mail
Saturday, 26 July 2008

At least five people have been killed in an attack by suspected militants in Indian-controlled Kashmir, police say, reports BBC.

Police say it is not yet clear whether it was a bomb or a grenade attack in the summer capital, Srinagar, which killed the four children and a woman.
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US wants counterterror funds for Pakistan F-16s PDF Print E-mail
Saturday, 26 July 2008

REUTERS, WASHINGTON- The Bush administration has proposed shifting $226.5 million in US counterterrorism aid to Pakistan to upgrade Pakistani F-16 fighters, US officials said on Thursday.

The plan has provoked some opposition in the US Congress, where an influential lawmaker questioned how upgraded F-16s, which are widely seen as aimed at countering any threat from India, would be used against al Qaeda and Taliban forces.
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Qantas jumbo lands with 'gaping hole' in fuselage PDF Print E-mail
Saturday, 26 July 2008

AFP, MANILA - A Qantas Boeing 747 flying to Melbourne made an emergency landing in Manila on Friday after a dramatic mid-air rupture that punched a "gaping hole" in its fuselage, officials and passengers said.

Stunned passengers reported how the jumbo, which had taken off from London and made a stopover in Hong Kong, plunged nearly 20,000 feet (6,000 metres) in what one said was an "absolutely terrifying" ordeal.
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China's athletes pledge 'glory' as biggest Olympic team unveiled PDF Print E-mail
Saturday, 26 July 2008

AFP, BEIJING - Yao Ming and many of China's other top athletes pledged "glory to the motherland" on Friday as the nation's biggest-ever Olympic team was unveiled for the Beijing Games.

At a ceremony in Beijing to unveil the squad of 639 athletes, basketball star Yao, reigning 110m Olympic champion Liu Xiang and dozens of others vowed in unison to do the nation of 1.3 billion people proud.
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Serbian press lionizes the cunning fugitive, not the criminal PDF Print E-mail
Saturday, 26 July 2008

Serbia's initial response to the arrest and revelations about the secret life of Radovan Karadzic was profound shock. His second life as Dragan Dabic quickly drowned out any more profound coverage of the crimes he is alleged to have committed.

"Radovan Betrayed," "Serb Thugs Arrest Radovan", "Treason," or "Lady Lover and Healer of the Famous" are typical of the screaming headlines that have accompanied the coup.
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Tibetan poet sues China for passport PDF Print E-mail
Saturday, 26 July 2008

Roving Correspondent

Woeser has been waiting 1,151 days for a passport. As one of Tibet's most famous poets, she has never shied away from voicing her criticism of the Chinese government even though she is resident in Beijing.

Now she is taking her protest one step further and is suing the authorities to get the document.

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Oxygen therapies may ease headache pain PDF Print E-mail
Saturday, 26 July 2008

REUTERS, NEW YORK- Two forms of oxygen therapy may help manage two types of debilitating headache pain, a new research review suggests.

In a review of nine small clinical trials, the researchers found that hyperbaric oxygen therapy showed promise for halting pain during migraine attacks. A similar treatment -- normobaric, or normal-pressure, oxygen therapy -- eased pain in people suffering from cluster headaches.
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Cyprus leaders set a date for peace negotiations PDF Print E-mail
Saturday, 26 July 2008

AFP, NICOSIA  - Rival Cypriot leaders on Friday set September 3 as the date when they will begin direct negotiations on ending the island's 34-year-old division.

During a two-hour meeting, President Demetris Christofias, a Greek Cypriot, and Turkish Cypriot leader Mehmet Ali Talat also decided that the results hammered out between them will be put to referendums in their two communities.
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Scores drown in DR Congo river PDF Print E-mail
Saturday, 26 July 2008

At least 42 passengers have drowned when a boat struck a rock and sank in the Ubangi river in the Democratic Republic of Congo, government officials say, reports internet source.

Rescue workers saved at least 22 passengers, but 115 more were reported missing on Friday.
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Magnetic energy blasts make Northern Lights 'dance' PDF Print E-mail
Saturday, 26 July 2008

AFP, WASHINGTON - Explosions of magnetic energy between Earth and the moon are behind the sparkles and wavy glows of the Northern Lights that color the night sky, NASA has said.

A network of five satellites of a mission known as THEMIS that studied the phenomenon for a year helped researchers lift the veil from some of the mystery behind the aurora borealis.
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Japan's inflation hits fresh decade high PDF Print E-mail
Saturday, 26 July 2008

AFP, TOKYO - Worries about the health of Japan's economy mounted Friday as inflation hit a new decade high on soaring commodity costs, casting a pall over the outlook for consumer spending.

The figures highlighted the dilemma facing many of the world's top central banks, which risk slamming the brakes on already weak economic growth if they raise interest rates to try to tame inflation.
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Karzai 'impeding Afghan drug war' PDF Print E-mail
Saturday, 26 July 2008

BBC

Afghan President Hamid Karzai is obstructing efforts to tackle his country's drugs problem, a former US counter-narcotics official has said.

Thomas Schweich said Mr Karzai had protected drug lords for political reasons and tolerated "a certain level of corruption" rather than lose power.
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JP was always with 'grand alliance' PDF Print E-mail
Saturday, 26 July 2008

Ershad declares

Staff Correspondent

Jatiya Party chief HM Ershad declared on Friday that his party was still with the AL-led 'grand alliance', which had never been dissolved.

"I was always with the grand alliance and I am still with it," Ershad told reporters at Zia International Airport on his return from London.
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Comilla train collision leaves 2 dead PDF Print E-mail
Saturday, 26 July 2008

Our Correspondent

Two passengers were killed and 20 others injured when two local trains collided head on at Laksham junction in Comilla Friday, a rail official said.

Train movement on Dhaka-Chittagong, Dhaka-Chandpur, Dhaka-Noakhali and Sylhet-Chittagong routes remained suspended following the accident.
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