British Prime Minister Rishi Sunak said Tuesday that the UK will continue to play a vital role in NATO for generations, ahead of a visit by Secretary General Jens Stoltenberg. The NATO chief will be the first international leader Sunak has met in Downing Street since he took office last month. Wednesday’s talks will centre on UK support for Ukraine ...
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IMF reaches accord with Kenya to $433 mn in aid
The International Monetary Fund said Tuesday it reached an agreement with Kenyan authorities following the country’s “peaceful completion of elections” which opens the door to the next installment of aid under an existing $2.3 billion loan program. The African nation is among many to seek help after being hit by volatile global commodity prices, surging inflation and an international slowdown ...
Read More »Bangladesh pavilion opened at World Travel Market in London
Bangladesh High Commissioner to the UK Saida Muna Tasneem on Monday inaugurated a colourful Bangladesh pavilion at the three-day global travel and tourism event ‘World Travel Market 2022’ in London. Bangladesh Ministry of Civil Aviation and Tourism and Bangladesh Tourism Board in association of Bangladesh High Commission in London set up the pavilion with the theme ‘Mujiber Bangladesh’ at Axel ...
Read More »Bangladesh reports zero Covid death
Bangladesh on Tuesday recorded zero Covid-19 death for two consecutive days while it reported 48 coronavirus positive cases. “Bangladesh reported 1.72 percent Covid-19 positive cases as 2,798 samples were tested during the last 24 hours,” a daily statement of the Directorate General of Health Services (DGHS) said. In the past 24 hours, the combined figure of coronavirus infection in Dhaka ...
Read More »Bangladesh’s forex reserves now $34.3 billion, as per IMF formula it’s $26.3billion
Bangladesh’s foreign exchange reserves is falling due to meeting import demand of essential goods and a downward trend in remittance-export incomes, the latest data of Bangladesh Bank revealed. After paying $1.35 billion to Asian Clearing Union (ACU) as an import bill for September-October, and $131 million spent to meet LC liabilities, the forex reserves stood at $34.3 billion at the ...
Read More »IMF for capacity building of capital market in Bangladesh
Visiting delegation of the International Monetary Fund (IMF) in a meeting on Monday suggested capacity building of the Bangladesh Securities and Exchange Commission (BSEC) to act in a way so that people from various backgrounds are included in the market. BSEC’s executive director and spokesperson Razaul Karim told UNB that in the scheduled meeting the IMF team suggested product diversification ...
Read More »Lab-grown blood given to people in world-first clinical trial
Blood that has been grown in a laboratory has been put into people in a world-first clinical trial, UK researchers say. Tiny amounts – equivalent to a couple of spoonfuls – are being tested to see how it performs inside the body. The bulk of blood transfusions will always rely on people regularly rolling up their sleeve to donate. But ...
Read More »Jewellery demand now back to pre-pandemic levels: World Gold Council
The World Gold Council’s latest Gold Demand Trends report reveals that gold demand (excluding OTC) in the third quarter of 2022 hit 1,181 tonnes, up 28% year-on-year. Strong demand pushed the year-to-date total to its pre-COVID levels. Gold demand was bolstered by consumers and central banks, although there was a notable contraction in investment demand. Investment was down 47% year-on-year, ...
Read More »Bangladesh reports another Covid death, 46 cases
Bangladesh reported another Covid-19-linked death and 46 fresh cases in 24 hours till Sunday morning. With the new numbers, the country’s total fatalities rose to 29,426 and caseload to 2,035,828, according to the Directorate General of Health Services (DGHS). The daily case test positivity rate dropped to 1.00 per cent from Saturday’s 1.96 per cent as 4,621 samples were tested ...
Read More »Oil-rich Saudi launches first electric vehicle company
Saudi Arabia announced on Thursday the launch of its first brand of electric vehicles, part of a broader push to diversify the economy of the world’s biggest oil exporter. The company, known as Ceer, “will contribute to Saudi Arabia’s efforts towards carbon emissions reduction and driving sustainability to address the impact of climate change,” the official Saudi Press Agency said. ...
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