Bangladesh News

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Mar 29th
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Dollar Falls on Interest Rates cut PDF Print E-mail
Thursday, 09 October 2008

AP, NEW YORK -- The dollar fell against the other major currencies as the Federal Reserve and other central banks around the world cut interest rates in an effort to counteract a global financial meltdown.

The Fed cut its key rate to 1.5 percent from 2 percent. The Bank of England and the European Central Bank also sliced their rates by half a point, to 4.5 percent and 3.75 percent, respectively.
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Nobel awarded for fluorescent jellyfish protein PDF Print E-mail
Thursday, 09 October 2008

AFP, STOCKHOLM  - Osamu Shimomura of Japan and US duo Martin Chalfie and Roger Tsien on Wednesday won the Nobel Chemistry Prize for a fluorescent protein derived from a jellyfish that has become a vital lab tool.

Green fluorescent protein (GFP) has revolutionised research in medicine and biology, enabling scientists to get a visual fix on how organs function, on the spread of disease and the response of infected cells to treatment, the Nobel jury said.
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Emergency must go before vote: BNP PDF Print E-mail
Thursday, 09 October 2008

The BNP standing committee Tuesday demanded that the state of emergency be lifted before the parliament elections, now scheduled for Dec 18, reports bdnews24.com.

Secretary general Khandker Delwar Hossain told reporters after a meeting that the party would also like to see certain clauses of the new RPO and the law on party registration further amended.
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Mikel Obi gets green light to skip Sierra Leone clash PDF Print E-mail
Wednesday, 08 October 2008

AFP, LAGOS - Chelsea midfielder John Mikel Obi has been given the green light by Nigeria to skip Saturday's 2010 World Cup qualifier against Sierra Leone, officials said Tuesday.

Top team official Emmanuel Attah told reporters the Nigeria Football Federation (NFF) has agreed with Chelsea for Mikel to be excused from the final group match against Sierra Leone in Abuja this weekend.
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Lehman chief testifies before Congress PDF Print E-mail
Wednesday, 08 October 2008

The Guardian Online

It was a showdown to cherish for critics of Wall Street's culture of enrichment. The grim-faced boss of the bankrupt bank Lehman Brothers was left squirming yesterday as a veteran Democrat roasted him over his multimillion-dollar pay.

With the startled look of a man unaccustomed to sharp examination, Lehman chief executive Richard Fuld clashed bluntly with the chairman of the House oversight committee, Henry Waxman, on Capitol Hill.
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Car designed for women in gendersensitive Iran PDF Print E-mail
Wednesday, 08 October 2008

Agency

Iran's biggest motor manufacturer is to take the country's gender sensitivity to new levels by producing a car specially for women.

It will be fitted with features common on the international market but seen as female-specific in Iran's male-dominated culture.

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Icelandic state takes control of Landsbanki PDF Print E-mail
Wednesday, 08 October 2008

AFP, REYKJAVIK - The Icelandic Financial Supervisory Authority said Tuesday it would take control of the country's second largest bank, Landsbanki, as the island's financial sector tottered on the verge of collapse.

"The Icelandic Financial Supervisory Authority (IFSA) has under powers granted by the Icelandic parliament proceeded to take control of Landsbanki,"
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Japan holds interest rate at 0.5% PDF Print E-mail
Wednesday, 08 October 2008

Japan has kept its key interest rate at 0.5% for the 20th consecutive month - amid continued worries about the global financial crisis, reports BBC.

The spread of the woes from the US to Europe and beyond is a worry for Japan, which relies heavily on exports.

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BSE Sensex provisionally falls 0.15 pct PDF Print E-mail
Wednesday, 08 October 2008

REUTERS, MUMBAI– The BSE Sensex staged a late rally to end provisionally down 0.15 percent on Tuesday, helped by domestic institutional buying but sentiment was weak after funding worries emerged in British banks.

The 30-share main index provisionally closed 17.54 points lower at 11,784.16, after falling to 11,501.85 at one stage.
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Attacks get personal ahead of second US presidential debate PDF Print E-mail
Wednesday, 08 October 2008

AFP, NASHVILLE, Tennessee- Republican John McCain questioned Barack Obama's character, and the Democrat pressed his foe's alleged weakness on economic issues, as tempers escalated ahead of Tuesday's presidential debate.

Both candidates intensified their attacks leading into the second of three presidential debates, this one to be staged in a "town hall" format less than a month before the November 4 vote.
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Asian Markets Mixed After Australia's Big Rate Cut PDF Print E-mail
Wednesday, 08 October 2008

AP, SEOUL, South Korea -- Asian stocks were mixed Tuesday as a big interest rate cut in Australia helped spur recoveries in several regional markets, sparking hopes that other central banks will lower rates to help loosen the global credit crunch.

The Reserve Bank of Australia surprised markets when it slashed its key rate a full percentage point to 6 percent -- its biggest cut since 1992. Analysts had expected a half-point cut.

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US won`t allow Israel to attack Iran: report PDF Print E-mail
Wednesday, 08 October 2008

Reuters, Jerusalem- The United States will not permit Israel to attack Iran's nuclear program as long as American troops are stationed in Iraq, an Israeli television report quoting unnamed diplomatic sources said on Monday.

An Israeli official accompanying Israeli Prime Minister Ehud Olmert on a visit to Moscow declined to comment on the report. Olmert flew to Moscow to press Russia not to sell advanced missiles and weapons technology to Iran and Syria.
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Dhaka turns to KL for fuel PDF Print E-mail
Wednesday, 08 October 2008

Bdnews24.com

Bangladesh is increasingly moving away from the traditional suppliers of refined fuel and has now turned to Malaysia after a recent decision to purchase from the Maldives.

A proposal to purchase nine lakh metric tonnes of different types of refined fuel from Malaysian state agency Petronas Trading Corporation (Petco) was approved Monday by the cabinet committee on economic affairs at a meeting chaired by finance adviser AB Mirza Azizul Islam.
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Girl, 3, becomes Nepal's new "living goddess" PDF Print E-mail
Wednesday, 08 October 2008

REUTERS, KATHMANDU - Authorities in Nepal enthroned a three-year-old girl as a new Kumari, or the main "living goddess", on Tuesday, in a centuries-old ritual the country's new Maoist-led coalition has allowed to continue.

Traditionally, different cities in the Kathmandu Valley have separate "living goddesses". But the most powerful one lives in an ornate 15th century temple in an old part of Kathmandu.
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Lives lost through lack of leadership in UN response to humanitarian crises PDF Print E-mail
Wednesday, 08 October 2008

Britain warns

The Guardian Online

Britain will issue a warning today that a lack of leadership in the UN's handling of humanitarian emergencies is "costing lives", and will call for urgent reforms because natural and man-made disasters are increasingly frequent.

In a speech to the UN in Geneva, Gareth Thomas, the international development minister, will say that conflicts, climate change and the scarcity of water and other natural resources, together with rising food prices, have combined to create an accelerating string of crises of unprecedented scale.
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Thai police fire tear gas at protesters PDF Print E-mail
Wednesday, 08 October 2008

AFP, BANGKOK- Thai police fired tear gas Tuesday to try to disperse anti-government protesters blocking parliament, injuring 116 people as months of political turmoil boiled over, police and medics said.

Twenty-one people suffered serious injuries, a medical official said, as police tried to disperse several thousand protesters surrounding parliament who tried to stop the first policy speech by new Prime Minister Somchai Wongsawat.
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Australian jet plunge injures 40 PDF Print E-mail
Wednesday, 08 October 2008

A passenger plane has made an emergency landing in Western Australia after some 40 people were hurt following a "sudden change in altitude", officials say, reports BBC.

The Qantas Airbus A330-300 flying from Singapore to Perth with 313 people on board landed at Learmonth Airport near Exmouth after making a mayday call.
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UK economy 'already in recession' PDF Print E-mail
Wednesday, 08 October 2008

Britain is already in a recession, which is worsening and could see unemployment rise by 350,000 by next year, a business group has warned, reports BBC

A quarterly survey of 5,000 businesses by the British Chambers of Commerce (BCC) says confidence has collapsed in both manufacturing and service sectors.
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Labour MPs unite to tell Brown: the hostilities are over PDF Print E-mail
Wednesday, 08 October 2008

The Guardian Online

Labour MPs rallied behind Gordon Brown last night amid signs that his government reshuffle and the financial crisis have taken the sting out of the challenge to his leadership that emerged last month.

George Howarth, one of the MPs agitating for a leadership challenge, last night called off the fight, telling the prime minister and a packed meeting of Labour MPs that the "hostilities are over".
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AL will set free all fronts PDF Print E-mail
Wednesday, 08 October 2008

The Awami League will set free all front organisations and the decision is going to be approved by the party's central working committee later at a meeting, a party spokesman said on Tuesday, reports bdnews24.com.

Acting general secretary Syed Ashraful Islam broke the news to bdnews24.com after a
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Rulers take hard line as election nears PDF Print E-mail
Wednesday, 08 October 2008

Agency

Hopes for a smooth run-up to  December election hit new snags after a court issued warrants for several former ministers and asked them and ex-prime minister Begum Khaleda Zia to appear at a hearing next week.

They have been asked to appear in court on Oct. 12 for trial over a coal mine case in which Khaleda and a dozen of her ex-ministers and officials are accused of illegally making millions of dollars.
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