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Lucky charm lifts Chinese men to gold PDF Print E-mail
Sports News
Wednesday, 13 August 2008

BEIJING, Aug 12 (bdnews24.com/Reuters) - A lucky charm put the finishing touch to a four-year struggle by the Chinese men's gymnastics team, who nailed a gold in the team competition on Tuesday.

Each of the six men wore a thin red string from a temple on his wrist in the finals for luck and they also counted on hard work and a little pressure.

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Iraq governor survives attack, curfew imposed PDF Print E-mail
International News
Wednesday, 13 August 2008

BAGHDAD,Tue Aug 12, (bdnews24.com/Reuters) - Iraqi authorities imposed a curfew on the capital of restive Diyala province on Tuesday after the governor survived a suicide bomb attack on his convoy.

Two people died and seven were wounded in the attack, when the bomber detonated an explosive vest near the convoy of Diyala Governor Raad Rasheed in the provincial capital Baquba, 65 km (40 miles) northeast of Baghdad. Rasheed was unharmed.
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Phelps wins again to join elite Olympic group PDF Print E-mail
Sports News
Wednesday, 13 August 2008

BEIJING, Aug 12 (bdnews24.com/Reuters) - U.S. swimmer Michael Phelps carved his name among Olympic greats on Tuesday, winning a record-equaling ninth gold on a dominant morning for Americans in the pool.

Only U.S. athlete Carl Lewis, U.S. swimmer Mark Spitz, Finnish distance runner Paavo Nurmi and Soviet gymnast Larysa Latynina have won as many golds as Phelps, who could better them all on Wednesday when he swims in two more finals.
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India heaps praise, cash on winner Bindra PDF Print E-mail
Sports News
Wednesday, 13 August 2008

NEW DELHI, Aug 12 (bdnews24.com/Reuters) - Ecstatic India lavished praise and nearly $400,000 in cash on shooter Abhinav Bindra after he won the first solo Olympic title for a medal-starved nation.

Bindra, 25, won the men's 10m air rifle gold in Beijing on Monday to the disbelief and joy of a billion-strong country that has won just one medal in each of the last three Olympics.
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Musharraf loses allies ahead of impeachment bid PDF Print E-mail
International News
Wednesday, 13 August 2008

ISLAMABAD, Tue Aug 12, (bdnews24.com/Reuters) - Embattled Pakistan President Pervez Musharraf lost the support of some allies on Tuesday, with provincial legislatures dominated by his opponents increasing pressure on him to step down before a bid to impeach him.

Musharraf has been at the centre of a political crisis since early last year that has raised fears among the United States and its allies for the stability of the nuclear-armed Muslim country, which is also a hiding place for al Qaeda leaders.
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Oil retreat offers only modest reprieve PDF Print E-mail
Business News
Wednesday, 13 August 2008

Emily Kaiser

WASHINGTON, Aug 12 (bdnews24.com/Reuters) - It has been one of the most predictable trades on Wall Street all year. When oil prices go down, stock markets go up, and vice versa.

If the stock market is a reflection of the broader economy, then only half of that equation makes sense. Oil inflicts heavy and immediate economic pain on the way up, but provides slower and smaller benefit on the way down.
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Oil falls more than $1 as dollar firms PDF Print E-mail
Business News
Wednesday, 13 August 2008

SINGAPORE, Tue Aug 12,(bdnews24.com/Reuters) - Oil fell more than $1 a barrel on Tuesday as part of a broader commodities sell-off on the firmer US dollar, which countered concerns over possible supply disruptions due to the Russia-Georgia clash.

Worries over slowing global demand also put prices under pressure, after world No. 2 consumer China posted a surprise drop in July crude imports.
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ICC could restrict Champions Trophy to two venues PDF Print E-mail
Sports News
Wednesday, 13 August 2008

KARACHI, Aug 12 (bdnews24.com/Reuters) - The International Cricket Council (ICC) said on Monday it might hold the Champions Trophy at just two venues in Pakistan next month for security reasons.

Haroon Lorgat, the ICC chief executive, told reporters in Rawalpindi there was a strong possibility that the Rawalpindi cricket stadium might be dropped as one of the venues for the event, which starts on Sept. 11.
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Chittagong businesses for allowing trucks to ply by day PDF Print E-mail
Metropolitan
Wednesday, 13 August 2008

Business leaders of Bangladesh Cement, Iron and Steel Merchant Association have urged acting CCC mayor Alhaj M Monzur Alam for allowing trucks to ply by day time in a bid to stem loss in business, says a press release.

They also handed over a memorandum to the mayor in this regard.

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Thaksin could face League probe PDF Print E-mail
Sports News
Wednesday, 13 August 2008

The chief of the Premier League says he would be willing to subject Manchester City owner Thaksin Shinawatra to the fit and proper person test, reports BBC.

Thaksin faces corruption charges in Thailand and a warrant was issued for his arrest after he failed to appear in court in Bangkok on Monday.
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Valencia reject Silva offer PDF Print E-mail
Sports News
Wednesday, 13 August 2008

Agent confirms winger wants to stay in Spain

Sky Sports

David Silva's agent has told Sky Sports News that Valencia have turned down an offer from Manchester United.

Premier League champions United have been linked with a £20million bid for Silva as Sir Alex Ferguson looks to add to his squad before the close of the transfer window.
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Robinho ´wants 5m euro salary to stay at Real´ PDF Print E-mail
Sports News
Wednesday, 13 August 2008

AFP, MADRID - Chelsea target Robinho says he'll stay put at Real Madrid if they agree to double his salary to five million euros a year, local media suggested here Tuesday.

The Spanish champions have reportedly turned down a 25-million-euro (37.5-million-dollar) bid for the Brazilian striker from the English Premier League side.
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Steps must to curb inflow of illegal arms PDF Print E-mail
Editorial
Wednesday, 13 August 2008

Uninterrupted flow of illegal arms into the country from across the borders has  marked a significant rise in recent times . Reports appearing in the press that huge illegal arms are entering the country everyday. Three rebel groups of Myanmar are selling arms to the terrorists of Bangladesh in the border areas of Cox's Bazar and Bandarban ahead of the elections here, a report said.

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Stocks Open Lower on Oil and Financial Sector Losses PDF Print E-mail
Business News
Wednesday, 13 August 2008

AP, NEW YORK -- Stocks pulled back Tuesday as oil prices rebounded and losses from JPMorgan Chase & Co. raised more concerns about the financial sector.

Oil rose after BP Plc said it shut down an oil pipeline that runs through Georgia as a precautionary measure due to the fighting between Georgian and Russian troops.

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China's July inflation eases to 6.3 percent PDF Print E-mail
Business News
Wednesday, 13 August 2008

AP, BEIJING  -- China's politically volatile inflation eased in July as sharp rises in food costs slowed, according to data reported Tuesday, giving Beijing more leeway to try to boost slowing economic growth.

Consumer prices rose 6.3 percent in July over the same month last year, the National Bureau of Statistics reported. That was driven by a 14.4 percent rise in foods costs, though that rate was down from 17.3 percent in June. The overall rate, the lowest in nearly a year, was a decline from June's 7.1 percent.
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UK inflation climbs to 4.4 percent in July PDF Print E-mail
Business News
Wednesday, 13 August 2008

AP, LONDON  -- Consumer price inflation rate leapt to 4.4 percent in July, the government said Tuesday, making it difficult for the Bank of England to consider lowering interest rates to ward off the risk of recession.

The report from the Office for National Statistics showed inflation is now at more than double the government's target of 2 percent, after rising from 3.8 percent in June.
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GM offers more fuel - efficient pickup trucks, SUVs PDF Print E-mail
Business News
Wednesday, 13 August 2008

AP, DETROIT -- General Motors Corp. is releasing new, more fuel-efficient versions of its full-size pickup trucks and sport utility vehicles later this fall.

The XFE -- or extra fuel economy -- versions of the 2009 Chevrolet Silverado and GMC Sierra trucks and Chevrolet Tahoe and GMC Yukon SUVs will get one mile per gallon more in both city and highway fuel economy than non-XFE versions. The boost will give them a total of 15 miles per gallon in the city and 21 on the highway.
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‘Khaleda will not apply for release’ PDF Print E-mail
Country News
Wednesday, 13 August 2008

Staff Correspondent

Former prime minister Khaleda Zia will not apply to the government for her release, a lawyer said Tuesday.

After visiting her in special jail, advocates Ahmed Azam Khan and Shamsur Rahman
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Hasina ordered to appear in court Aug 20 PDF Print E-mail
Country News
Wednesday, 13 August 2008

MiG-29 Graft Case

Staff Correspondent

A Dhaka court has ordered former prime minister Sheikh Hasina and all other accused persons to appear on Aug 20 when it frames charges in the MiG-29 warplanes purchase corruption case.

Judge Golam Mortuza Mojumdar of Dhaka Divisional Special Judge's Court gave the order Tuesday in his special courtroom set up in the Jatiya Sangsad Bhaban complex.
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Ballot paper, counterfoils on Khulna road PDF Print E-mail
Country News
Wednesday, 13 August 2008

Probe on

Our Correspondent

Police on Sunday night recovered 78 counterfoils and one unused ballot paper allegedly used and meant for use respectively in the recent Khulna City Corporation election.

The papers were recovered from near the office of BNP leader and mayor candidate Md Moniruzzaman Moni at Haji Mohsin Road in the city.
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Tax dodge case against Tarique stayed PDF Print E-mail
Country News
Wednesday, 13 August 2008

Desk Report

The High Court has stayed the proceedings of a tax evasion case against BNP senior joint secretary general Tarique Rahman.

The bench of Justice ABM Khairul Haque and Justice Md Abu Tariq passed the stay order on a writ petition by Tarique challenging the legality of the case filed by the National Board of Revenue.
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