Despite Bangladesh Bank's measures to rein in forex spending, the crisis of US dollar drags on without any hint of ending anytime soon, experts say. Recent fall in inward remittances, earnings from exports, and a looming global recession are all signalling that the external account crisis will be prolonged further, they
Tag: Crisis
Quader asks party to be careful with words during crisis
Awami League General Secretary Obaidul Quader on Saturday called upon the leaders, activists and followers to be careful with their speech during the current crisis. Obaidul Quader said these things in a discussion meeting at the central office of Awami League on Bangabandhu Avenue in the capital on Saturday in
Fuel price hike: Tank-lorry owners call off strike in Khulna
Tank-lorry owners who embarked on a 24-hour strike from Sunday morning in 15 districts in Khulna division demanding readjustment of transport fare and commission following the latest hike in diesel price have suspended the strike. The strike was called-off from 6 pm after getting assurance from Deputy Commissioner Moniruzzaman Talukder of
President flees Sri Lanka amid crisis as ire turns toward PM
Sri Lanka’s president fled the country early Wednesday, slipping away only hours before he promised to resign under pressure from protesters angry over a devastating economic crisis. But crowds quickly trained their ire on the prime minster, storming his office and demanding he also go. President Gotabaya Rajapaksa and his wife
How can Sri Lanka overcome crisis by following Bangladesh
The Sri Lankan Prime Minister Ranil Wickremesinghe told the people of Sri Lanka on Monday, that he will fulfil the promises he had made to them when he assumed office last Thursday after the fall of the Mahinda Rajapaksa government. In his first TV address after assuming office, Wickremesinghe listed the
Country to face acute crisis: BNP
BNP yesterday warned that the country is going to face an acute crisis due to shortage of food and soaring prices of daily essentials. "The entire nation is passing their days amid serious anxiety. Bangladesh will plunge into serious crisis," said BNP senior joint secretary general Ruhul Kabir Rizvi. Speaking at a
The crisis in Ukraine has disturbing echoes of the 1930s
If the 1930s teach us anything, it is that things can fall apart easily. An international order carefully held together through institutions designed to preserve peace can unravel overnight. Faced with German aggression, the post-Versailles order collapsed at a mere push of the finger. Czechoslovakia disappeared from the map of
Dhaka to press for early repatriation of Rohingyas
Bangladesh will reiterate its position seeking quick and sustainable repatriation of Rohingyas as Foreign Minister Dr AK Abdul Momen left here for New York on Sunday morning to attend two important events at the UN General Assembly (UNGA). One of the events will be on Myanmar's current situation where Bangladesh will
BNP’s politics in deep crisis: Quader
Awami League General Secretary and Road Transport and Bridges Minister Obaidul Quader on Sunday said there is no crisis in the country rather BNP’s politics is in deep crisis. “Foreign-dependent BNP is creating crisis as it is now isolated from the root by taking stance against the country and the people,”