Bangladesh’s Central Bank non-functional: Puts banking sector on edge Default loan, political influence, and business groups intervention blight Bangladesh Bank

December 8, 2022 6:32 pm

Bangladesh Bank (BB) failed miserably in containing defaulted loans due to the pressure from political forces, illegal interference of business syndicates and weak leadership, finds Transparency International Bangladesh (TIB) study. According to the study, the vested interest groups have influenced the recent amendment to the Banking Companies Act 1991 and […]

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They were surrogates. Now they must raise the children

November 27, 2022 10:15 pm

Written by Hannah Beech:The baby was not hers, not really.Hun Daneth felt that, counted on that. When she gave birth to the boy, who didn’t look like her, she knew it even more.But four years after acting as a surrogate for a Chinese businessman, who said he had used a […]

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After 3 mass shootings, a Thanksgiving with 14 empty chairs

November 25, 2022 5:56 pm

Michael Wilson writes: A janitor working his shift at a Virginia Walmart. A 40-year-old woman returning home to Colorado Springs, Colorado, for the holidays. A young man at his girlfriend’s side, watching her friend perform in a drag show. Three college football players. A mother who worked to help foster […]

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Is the IMF fit for purpose?

November 20, 2022 9:15 pm

Jamie Martin writes ✍️ :Last summer, after months of unusually heavy monsoon rains, and temperatures that approached the limits of human survivability, Pakistan experienced some of the worst floods in its history. The most extensive destruction was in the provinces of Sindh and Balochistan, but up to a third of […]

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What the midterms mean for a possible Trump-Biden rematch in 2024

November 10, 2022 3:36 am

Analysis: Democrats were in position to lose fewer seats in Congress in this year’s midterms than Republicans did when Trump was president in 2018.By Jonathan AllenFormer President Donald Trump was demonstrably weakened — and President Joe Biden strengthened — by Tuesday’s midterm election results, just as the two begin to […]

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Paxlovid May Reduce Risk of Long Covid in Eligible Patients, Study Finds

November 8, 2022 8:10 pm

Pam Belluck writes:[The research looked at patients who qualified for the antiviral through age or health conditions. Those who took it shortly after infection were 26 percent less likely to have symptoms 90 days later.]People who took the antiviral drug Paxlovid within a few days after being infected with the […]

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Bangladesh forex reserves sink below $36 billion despite spending restrictions

November 7, 2022 10:10 am

Bangladesh’s reserves last surpassed $36 billion in June 2020. Now it stands at $35.98 billion.Bangladesh’s foreign currency reserves have dropped below $36 billion, 28 months after crossing the mark, despite the government’s austerity measures to save dollars. According to the Bangladesh Bank, the reserves stood at $32.48 billion in December […]

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Betting on Elections Can Tell Us a Lot. Why Is It Mostly Illegal?

November 6, 2022 6:10 pm

The only such market of any size in the U.S. is on the verge of being shut down—even though studies suggest that such markets may predict elections better than polls do. Danny Funt writes: In 1980, John Aristotle Phillips declared his candidacy for the United States Congress, in a district […]

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Pakistan’s Military Is Afraid of Imran Khan

November 5, 2022 6:24 am

The former prime minister has turned against the force that once supported him. Azeem Ibrahim writes: Former Pakistani Prime Minister Imran Khan was shot in the leg by an unknown assailant as he attended a protest march on Thursday. The attack, which Khan’s supporters are calling an attempted assassination, represents […]

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What’s in store for Elon Musk’s Twitter?

November 3, 2022 7:12 pm

Vanessa WoloszWrites:Updated: 31 October 2022 Since Elon Musk officially acquired Twitter last Thursday, 27 October, there have already been some operational changes.Internally, there have been some major shifts in how Twitter is run. First, Musk let some top executives go, the first of what will probably be major job cuts […]

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