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Obama Says to Address New Economic Ideas Next Week PDF Print E-mail
Business News
Saturday, 04 September 2010

President Barack Obama will outline new measures next week to boost the US economy after August data on Friday showed again that jobs -- the central issue in November elections -- were being created too slowly.

Obama, speaking to reporters in the White House Rose Garden, greeted a better-than-expected August employment report that showed thousands of new private sector jobs were created as "positive news."

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Bomb Kills 54 in Pakistan PDF Print E-mail
International News
Saturday, 04 September 2010

A suicide bomber struck a rally in the Pakistani city of Quetta on Friday, killing at least 54 people in the second major attack this week and piling pressure on a US-backed government overwhelmed by a flood crisis.

Pakistan's Taliban claimed responsibility for the blast and said it would launch attacks in the United States and Europe "very soon" -- repeating a threat to strike Western targets in response to drone attacks that have targeted its leadership.

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Emergency Declared as 7.1 Quake Hits NZ PDF Print E-mail
International News
Saturday, 04 September 2010

Authorities declared a state of emergency after a major earthquake hit New Zealand's second biggest city, Christchurch, early on Saturday, bringing down power lines, ripping up roads and wrecking building facades, but authorities reported no deaths.

A formal civil defence state of emergency was imposed to coordinate recovery operations in the city of around 350,000 after facades collapsed into streets, crushing cars and blocking roads.

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Peelkhana Court Starts Taking Testimony PDF Print E-mail
Country News
Saturday, 04 September 2010

A special BDR court at Peelkhana headquarters has begun taking statements from the 667 accused soldiers of the 24 Rifles Battalion.

The Special Court-5, set up at the Darbar Hall of the BDR headquarters, began the proceedings at around 10am with Maj Gen Mohammad Rafiqul Islam, the director general of Bangladesh Rifles, heading the judges' panel.

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ICC to Inspect Pitches for World Cup PDF Print E-mail
Sports News
Tuesday, 31 August 2010

The ICC's pitch consultant Andy Atkinson will be visiting India in early September to inspect six out of the eight venues in the country for the 2011 World Cup.

Among the six is the Feroz Shah Kotla in Delhi, the host for the controversial India-Sri Lanka ODI in December 2009 which was abandoned due to an unfit pitch.

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'Eid' Rail Ticket Sales Start PDF Print E-mail
Country News
Tuesday, 31 August 2010

Advance train ticket sales started on Tuesday morning in a bid to ease the hassles of Eid-Ul-Fitr travelers, a senior railway official said.

The sale of the such tickets, popularly referred to as 'Eid' tickets, will continue until Sep 4.

Like every year, tickets can be bought five days in advance from the date of journey from the ticket booths of Kamalapur, Airport, Joydebpur and Sylhet rail stations from 9am to 5pm every day.

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Genzyme Breaks Silence to Rebuff Sanofi PDF Print E-mail
Health News
Tuesday, 31 August 2010

US biotech Genzyme broke its five-week silence to reject an $18.5 billion takeover proposal by French drugmaker Sanofi-Aventis on Monday, dismissing it as opportunistic and too low.

Sanofi Chief Executive Chris Viehbacher confirmed his $69 per share non-binding cash offer for Genzyme on Sunday, hinting he could make a hostile takeover bid following several unsuccessful attempts to hold talks with Genzyme management.

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Obama Widens US Sanctions on North Korea PDF Print E-mail
International News
Tuesday, 31 August 2010

President Barack Obama broadened financial sanctions on North Korea on Monday and froze the US assets of four North Korean citizens and eight firms in part to punish it for the sinking of a South Korean warship.

Obama signed an executive order that lets the United States block the US assets of North Korean entities that trade in conventional arms or luxury products, counterfeit currency or engage in money laundering, drug smuggling or other "illicit" activity that supports the government or its leaders.

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1320MW Deal with India Inked PDF Print E-mail
Business News
Tuesday, 31 August 2010

Two top state-run entities of Bangladesh and India have signed a deal in New Delhi that would immediately pave the way for joint venture for a 1320 MW thermal power project in Khulna, with scopes open for another with equal capacity in Chittagong.

The Memorandum of Understanding, signed on Monday between Bangladesh Power Development Board and India's National Thermal Power Corporation Limited, is intended to give a push to bilateral cooperation for development of power sector in Bangladesh.

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Biman Staff Run Amok at HQ over Pay Hike PDF Print E-mail
Country News
Tuesday, 31 August 2010

Workers and officials of Biman Bangladesh Airlines have besieged the national carrier's headquarters in Kurmitola demanding a pay rise in line with the pay scale declared by the government.

The staff have also confined the carrier's managing director Zakiul Islam inside his office in the Balaka Building and vandalised his private secretary's office at one point of their demonstration that started around 11am on Tuesday

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Atletico Stun Inter in Super Cup PDF Print E-mail
Sports News
Sunday, 29 August 2010

Atletico Madrid gave new Inter Milan coach Rafa Benitez plenty to think about when they deservedly beat the Champions League winners 2-0 in the European Super Cup at the Stade Louis II on Friday.

Goals from Jose Antonio Reyes after 62 minutes and Sergio Aguero after 83 gave the Europa League winners an easier than expected win over the Italians who won the treble last season when they added the Champions League to their domestic double.

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Eden College Student Found 'Hanging From Fan' PDF Print E-mail
Country News
Sunday, 29 August 2010

The dead body of an Eden College student was found "hanging from a fan" at her in law's house.

Ashulia Police Station officer-in-charge Sirazul Islam said the body of Salma Akter Santa, 22, was recovered from her in-law's house at Savar's Jamgora in Ashulia on Saturday at around 5pm.

Shata's family - who live in the same neighborhood - has claimed that her in-law's family hung her from a ceiling fan after murdering her.

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UN Fears for Children as Pakistan Floods Threaten Towns PDF Print E-mail
International News
Sunday, 29 August 2010

Flood waters threatened to engulf two towns in southern Pakistan on Saturday, a month after the disaster began, as the United Nations warned that tens of thousands of children risked death from malnutrition.

The floods are Pakistan's worst-ever natural disaster in terms of the amount of damage and the number of people affected, with more than six million people forced from their homes, about a million of them in the last few days as the water flows south.

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Anthrax Compensation under Consideration PDF Print E-mail
Health News
Sunday, 29 August 2010

Fisheries and livestock minister Abdul Latif Biswas has said that compensation for cattle that died of anthrax in Sirajganj and Pabna was under consideration.

He was addressing a discussion on Saturday on anthrax vaccine and remedies of the disease at Nukali School premises under Potazia union of Shahjadpur Upazila in Sirajganj.

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13,000 New Police in December: Tuku PDF Print E-mail
Country News
Sunday, 29 August 2010

The government is planning to appoint thirteen thousand police men in December this year, state minister for home affairs Shamsul Hoque Tuku has said.

Tuku said the government also planned to appoint 32,000 police men during its tenure.

While talking with reporters in Barisal on Saturday, he added that, "The proposal to buy 1,700 cars for the police is under finance ministry's consideration now."

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Investors not Keen on New Power Scheme PDF Print E-mail
Business News
Sunday, 29 August 2010

A government proposal to provide special privileges for private investors wanting to get involved in the power sector has not been well received by the business sector.

The new government proposal was explained at a discussion on Saturday involving finance minister AMA Muhith, he prime minister's energy adviser, Tawfiq-e-Elahi Chowdhury, other senior government officials and the business community..

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Saudi Prince Backs Beximco for $1b Project PDF Print E-mail
Business News
Sunday, 29 August 2010

Beximco has teamed up with a company tied to the Saudi royal family to bid for the billion-dollar BMRE project of the lone oil refinery of Bangladesh, a statement said on Sunday.

"In line with its business diversification objectives, Beximco Ltd is now poised to enter into the oil and energy sector, and has mobilised necessary resources for this purpose," the statement issued in Dhaka said.

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Factories Adulterating Food Found in Old Dhaka PDF Print E-mail
Business News
Saturday, 28 August 2010

Rapid Action Battalion (RAB) have discovered factories manufacturing adulterated semai, talmichrri (sugar-candy) and gur at Old Dhaka's Begumbazar and Moulavibazar.

A team from RAB-2 led by magistrate ADM Anwar Pasha found three factories, four storehouses and two packaging factories during a search in the areas.

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Mourinho's Real Quest Heads Back to Milan PDF Print E-mail
Sports News
Saturday, 28 August 2010

Real Madrid coach Jose Mourinho's quest to become the first man to win the European Cup with three different clubs will include a super-charged visit to Milan following Thursday's draw for the Champions League group stage.

However, Mourinho, who masterminded Inter Milan's first triumph in the competition for 45 years in May after taking Porto to the pinnacle in 2004 will visit AC Milan rather than Inter at their shared San Siro home stadium on Nov 3.

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No Compensation for Deaths of Cattle from Anthrax PDF Print E-mail
Health News
Saturday, 28 August 2010

The government has no plans to pay compensations to those people whose cattle died of anthrax in Sirajganj and Pabna, fisheries and livestock minister Abdul Latif Biswas has said.

Biswas said the government, instead, plans to introduce animal insurance.

He was speaking at the inauguration of a vaccination programme in Vangabari area at Belkuchi of Sirajganj on Friday.

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Water Bus Operations Start PDF Print E-mail
Country News
Saturday, 28 August 2010

Water buses have started ferrying passengers on the Gabtoli-Sadarghat route in a bid to ease the traffic congestion in Dhaka city.

Shipping minister Shajahan Khan inaugurated the service at Gabtoli landing station at 11.30am on Saturday.

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