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BB starts buying dollars again as unrest destabilises forex market

Bangladesh Bank has started to purchase US dollars again from the scheduled banks due to a drop in demand for the greenback in the business sector amid the existing political unrest, said officials of Bangladesh Bank. The central bank has already purchased US dollars worth $153 million from the local banks in the first 22 […]

The BNP has accused the government of conspiring to arrest party chief Khaleda Zia in a bid to exile her from politics. “The government is targeting Khaleda Zia as their last resort,” Joint Secretary General Ruhul Kabir Rizvi said in a statement on Thursday. Prime Minister Sheikh Hasina on Wednesday told Parliament that Khaleda could […]

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A splinter-inured college student and a Jatiyatabadi Chhatra Dal leader, whose one hand was blown off at wrist while making bombs died at Dhaka Medical College Hospital and three people suffered burns in a petrol bomb attack in Dinajpur on Thursday. The latest casualties took the death toll from blockade-related violence to 33 since January […]

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The Indian authorities is set to introduce a revised visa procedure, waiving the need to get an online “appointment date” for 10 categories of Indian visas, except Tourist (T) visas, from February 1. According to a press release of Indian High Commission in Dhaka, the Indian Visa Application Centres (IVAC) will accept all categories (10) […]

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17 killed by pickets, 13 opposition activists dead David Bergman and Iqbal Mahmud Thirty-one people have died throughout the country in 17 days of political violence following the government’s decision to barricade the Bangladesh Nationalist party leader Khaleda Zia at her Gulshan party office and the police’s refusal to allow the party to hold a […]

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The UN human rights chief has called on Myanmar to condemn a Buddhist nationalist monk for calling a UN special envoy a “bitch” and a “whore”. UN human rights chief Zeid Ra’ad Al Hussein said Ashin Wirathu’s comments amounted to “incitement to hatred”. The comments related to South Korean envoy Yanghee Lee, who was in […]

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Several senior ministers on Thursday claimed that the country’s situation was normal and asked the country’s private television channels to project the normalcy prevailing in the country. On the other hand, owners and heads of news of private television channels have reached a consensus that what was going on in the country was not politics […]

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Thirty-one people have been killed and more than 7,000 arrested in weeks of political unrest in Bangladesh, as the country’s opposition mounts mass protests demanding fresh parliamentary elections. The dead were mainly killed by arson attacks on buses and cars, police said. The two most recent victims, who died of their injuries in hospital Thursday, […]

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The IMF also cut projections for Brazil and India The International Monetary Fund lowered its forecast for global economic growth in 2015, and called on Tuesday for governments and central banks to pursue accommodative monetary policies and structural reforms to support growth. Global growth is projected at 3.5% for 2015 and 3.7% for 2016, the […]

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Bangladesh have set their sights on the quarter-finals of next month’s cricket World Cup in Australia and New Zealand, the team’s Sri Lankan coach said. Chandika Hathurusinghe told journalists in Dhaka he was happy with the team’s preparations and hoped they would go “all the way”. But he said he was “taking one game at a time” and would focus […]

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Initially Dhaka, Chittagong and Dhaka-Chittagong highway open for viewing The streets and sites of Capital Dhaka & Port City Chittagong are now open for anyone to roam virtually – thanks to Google Street View. Google Street View, a free map-based service from Google that provides panoramic views from streets and sites, is widely popular amongst […]

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The European Parliament (EP) Delegation for South Asia has expressed its deep concern at the outbreak of political violence in Bangladesh culminating over recent days. In a press statement, Chair of the delegation for Relations with the Countries of South Asia of EP, Jean Lambert termed the current situation “profoundly disturbing”. She said: “basic freedoms, […]

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