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AL will only sit with EC once PDF Print E-mail
Friday, 05 September 2008

Says Zillur

Desk Report

The Awami League will sit with the Election Commission only once on Sept 9, to press home its demands for lifting emergency, holding parliamentary polls ahead of any other and repealing the Representation of the People Order (Amendment) Ordinance.

AL acting president Zillur Rahman and acting general secretary Syed Ashraful Islam told reporters of their decision Wednesday.
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REB office attacked in Narsingdi PDF Print E-mail
Friday, 05 September 2008

Frequent power cuts

Our Correspondent

Fed-up locals in Narsingdi vandalised local Rural Electrification Board office in Chouhala Wednesday morning to protest frequent power-cuts.

"Several hundred people attacked our Chouhala office and control room shortly after the daybreak," said Syed Wahidul Islam, general manager of Narsingdi REB-2.
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Hiron, 15 others summoned PDF Print E-mail
Friday, 05 September 2008

Bdnews24.com

A court has summoned Barisal mayor-elect Shawkat Hossain Hiron and 15 others after a defeated candidate in the Aug 4 polls filed a petition challenging the election results.

Judge Oheduzzaman of the 1st Joint District Judge and Electoral Court gave the order Wednesday.
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Stocks tumble PDF Print E-mail
Friday, 05 September 2008

Bdnews24.com

Bourses finished down on Wednesday as investor sell-offs continued from the previous day, leading nearly 70 percent of the traded issues to fall.

Dhaka Stock Exchange's benchmark DGEN or general index fell 34.09 points, or 1.20 percent, to end on 2797.31. The DSI or all-share price index finished 25.64 points, or 0.63 percent, down at 2390.67.
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Oil falls on stronger dollar PDF Print E-mail
Friday, 05 September 2008

AP, NEW YORK -- Oil prices kept falling Wednesday as a stronger dollar and slowing demand for crude overshadowed an almost total shutdown of energy output in the Gulf of Mexico after the passage of Hurricane Gustav.

Light, sweet crude for October delivery fell $1.05 to $108.66 a barrel on the New York Mercantile Exchange, after earlier dipping as low as $107.22.
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Tarique may be freed Tuesday PDF Print E-mail
Wednesday, 03 September 2008

Dhaka, Sept 2 (bdnews24.com) — Brigadier general Zakir Hasan, inspector general of prisons, has told bdnews24.com all necessary papers for executing the release of Tarique Rahman have reached his office.

"We are now only awaiting the remainder document only, which may be sent to us any time today (Tuesday). It is possible that Tarique Rahman will be released today provided the last bit of paper work is complete and it reaches us," Gen Hasan said Tuesday morning.

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Zobaida leaves Tarique's bedside PDF Print E-mail
Wednesday, 03 September 2008

Dhaka, Sept 2 (bdnews24.com) — Tarique Rahman's wife Zobaida Rahman and other visitors left his bedside at BSMMU Hospital around 8pm Tuesday, signalling that the detained BNP leader would not be released on bail before Wednesday.

Inspector general of prisons, Brigadier general Zakir Hasan had said ealrier in the evening that detainees are not normally released if their papers are not processed by 6pm.

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Barisal's Santu files case against mayoral results PDF Print E-mail
Wednesday, 03 September 2008

Barisal, Sept 2 (bdnews24.com) – S Sharfuddin Ahmed Santu, a defeated candidate in the Aug 4 Barisal City Corporation polls, filed a petition Tuesday challenging the election results.

Judge Oheduzzaman of the 1st Joint District Judge and Electoral Court set a hearing for Wednesday.

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Sony unveils improved PlayStation Portable PDF Print E-mail
Wednesday, 03 September 2008

AP, TOKYO  -- Sales are improving in Japan for Sony Corp.'s PlayStation Portable handheld video game machine, and a beefed up version with a clearer display is expected to add momentum, a senior executive said Tuesday.

The portable game machine faces tough competition from Nintendo DS -- the handheld machine from the Japanese manufacturer of Pokemon and Super Mario games.

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Thai political unrest threatens tourism and investment PDF Print E-mail
Wednesday, 03 September 2008

REUTERS, BANGKOK- Thailand's political turmoil is threatening its lucrative tourist industry as travelers cancel trips and foreign governments issue travel warnings, while business leaders fear foreign investors will be scared off.

South Korea and Singapore told citizens on Tuesday to avoid non-essential travel, while Australia and Taiwan advised nationals to be vigilant after Thailand's prime minister imposed emergency rule.
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Expensive ads sell few prescription drugs: study PDF Print E-mail
Wednesday, 03 September 2008

REUTERS, WASHINGTON- Expensive advertising of prescription drugs directly to consumers may do little to encourage sales, US and Canadian researchers reported on Monday.

They said that even though companies spent an estimated $3 billion in 2005 on such ads in the United States, they did not appear to result in more prescriptions.
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Turning around North American business is priority: GM PDF Print E-mail
Wednesday, 03 September 2008

REUTERS, TALEGAON, India- General Motors Corp's most important priority is to turn around its North American business and it will continue investments in emerging markets, its chief operating officer said on Tuesday.

"The most important thing we can do is to turn around the North American business," Fritz Henderson told reporters after inaugurating the US carmaker's second plant in India, located in the western Maharashtra state, with an annual capacity of 140,000 units.
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Manufacturing sector seen stuck on hold in August PDF Print E-mail
Wednesday, 03 September 2008

REUTERS, NEW YORK- The manufacturing sector likely stalled for a second straight month in August as the persistent housing slump and tight credit conditions crimped the overall business climate.

However, strong overseas demand thanks largely to a weak dollar has been a bright spot for exporters, analysts said.

The Institute for Supply Management's widely followed index on national factory activity likely held at 50.0 in August, unchanged from July, according to analysts polled by Reuters.
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New Orleans levees beat weakening storm PDF Print E-mail
Wednesday, 03 September 2008

Hurricane Gustav

Agencies

The partially rebuilt levees in New Orleans have held against hurricane Gustav, but authorities today warned of more storms to come after the weather system weakened and veered to the west of the city.

Dramatic television footage showed waves being forced by 110mph winds over the tops of the flood defences on the west side of the city, just like Katrina in 2005.

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Disclosures on Palin Raise Questions on Vetting Process PDF Print E-mail
Wednesday, 03 September 2008

ST. PAUL — A series of disclosures about Gov. Sarah Palin, Senator John McCain's choice as running mate, called into question on Monday how thoroughly Mr. McCain had examined

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India's untouchables being denied flood relief, say aid agencies PDF Print E-mail
Wednesday, 03 September 2008

Dalits, the untouchables at the bottom of Hindu caste system, are the last to be rescued and are getting the smallest rations in the aftermath of the floods in north India, say aid agencies working in the inundated villages, reports The Guardian.

The lowest castes, who generally eke out a living on the fringes of Indian society, are said to be suffering "relief discrimination". Hundreds of thousands of people are huddling in relief camps after the Kosi river changed course in Bihar and swamped hundreds of square miles.

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Thai army chief resists use of force against protesters PDF Print E-mail
Wednesday, 03 September 2008

The Guardian Online

Thailand's army chief said today he would refrain from using force to break up anti-government protests, despite the state of emergency declared hours after one demonstrator was killed and dozens injured in violent clashes.

General Anupong Paojinda said he had decided on a softly-softly approach, fearing that hardline measures would create greater problems.

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Japanese murder investigators fooled by blow-up sex doll PDF Print E-mail
Wednesday, 03 September 2008

Police in Japan have been left red-faced by an apparent murder that turned out to be an unusual case of mistaken identity, reports The Guardian.

It began in the morning with a frantic call from a couple who had spotted a "corpse" while out walking their dog in a mountain forest in Izu, central Japan, the ZakZak news website reported today.
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Asia stock markets tumble on worries about slump PDF Print E-mail
Wednesday, 03 September 2008

AP, HONG KONG -- Stocks fell around the world Monday, led by Asian exchanges as concerns about a slowing global economy weighed heavily on the markets. Oil prices declined sharply as Hurricane Gustav weakened, but investors were still waiting to see how much damage the storm might do to Gulf Coast oil operations.

In Asia, South Korean shares were hardest hit, with the Korea Composite Stock Price Index plummeting 4.1 percent to 1,414.43 -- its lowest level in 17 months -- amid multiyear weakness in the country's currency.
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Retailers, wholesalers trade blame for price hike PDF Print E-mail
Wednesday, 03 September 2008

Essential Commodities

Staff Correspondent

The wholesale and retail traders in the city were caught ducking blames on Tuesday for the soaring prices of essential commodities.

They traded accusations when a delegation of the Federation of Bangladesh Chambers of Commerce and Industry led by president Annisul Huq had been out on a spot visit to monitor prices on the first day of Ramadan.
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Tarique's release delayed: official PDF Print E-mail
Wednesday, 03 September 2008

Bdnews24.com

Brigadier general Zakir Hasan said Tuesday late evening that detainees are not normally released on bail if their papers are not processed by 6pm.

However, he added, exceptions to the rule may be made in "special cases".
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