• Tuesday, January 27, 2015

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Business & Finance

Europe's lapse of reason

At long last, the United States is showing signs of recovery from the crisis that erupted at the end of President George W. Bush's administration, when the near-implosion of its financial system sent shock waves around the world. But it is not a strong recovery; at best, the gap between where the economy would have been and where it is today is not widening. If it is closing, it is doing so very slowly; the damage wrought by the...

Student politics in grip of personal, group interests: President

Student politics in grip of personal, group interests: President

President Md Abdul Hamid today said he is saddened by the absence of ideals in today’s student politics. “Student politics, in some cases, is now operated based on personal and group interests instead of ideals,” he said today while addressing the 49th convocation of Dhaka University at its playground. DU conferred degrees to 6,157 graduates,...

Rajapaksa suffers shock election defeat

Rajapaksa suffers shock election defeat

Sri Lanka's long-time leader Mahinda Rajapaksa has been defeated in the presidential election. Official results showed Maithripala Sirisena, a former ally of the incumbent, had won 51.3% of the vote. Rajapaksa, in office since 2005, said on Twitter he looked forward to a peaceful transition of power. His supporters credit him with ending the civil war...

Obama suggests Putin 'not so smart'

Obama suggests Putin 'not so smart'

President Barack Obama has said Vladimir Putin made a "strategic mistake" when he annexed Crimea, in a move that was "not so smart". That thinking his Russian counterpart was a "genius" had been proven wrong by Russia's economic crisis, he said. International sanctions had made Russia's economy particularly vulnerable to changes in oil price, Obama...

Tunisians choose president in run-off elections

Tunisians choose president in run-off elections

Voters in Tunisia are choosing their first freely elected president in a run-off election seen as a landmark in the country's move to democracy. Beji Caid Essebsi, who won the first round with 39% of the vote, is challenging interim leader Moncef Marzouki.  Essebsi represents the secular-leaning Nidaa Tounes party. Tunisia was the first country to...

Negre lays foundation of blue turf

International Hockey Federation (FIH) president Leandro Negre laid the foundation stone of the first ever blue synthetic turf at the Maulana Bhasani Hockey Stadium yesterday. The Spaniard, who wrapped up his four-day visit to Bangladesh late last night, hoped the new blue turf would herald a new chapter in Bangladesh hockey. This is the third synthetic turf at the premier hockey venue of the country. The first one at this venue was installed in 1996 and the second one was...

Obama tested following sore throat

Obama tested following sore throat

US President Barack Obama has had a persistent sore throat, and has briefly visited a hospital for tests, the White House says. Obama had experienced a sore throat over "the past couple weeks", which appeared to be caused by acid reflux, his doctor said. Obama had a fibre optic exam, followed by a CT scan,...

President declares elderly people as 'senior citizens'

President declares elderly people as 'senior citizens'

President Abdul Hamid has declared the elderly people as "senior citizens" of the country and urged all quarters to work sincerely to ensure their social dignity and security, and other facilities including food, clothing and treatment. "I'm declaring all elderly people of the society as senior citizens of the country to pay respect to their contribution to the society and state," said the President while speaking at a programme here today. Ministry of Social Welfare organized the programme to declare the elderly people as senior citizens of the country. Social welfare minister Syed Mohsin Ali, national professor Dr M R Khan, social welfare ministry secretary Nasima Begum and secretary general of...

Lanka leader seeks third term in office

Lanka leader seeks third term in office

Veteran Sri Lankan President Mahinda Rajapakse yesterday confirmed he will seek an unprecedented third term in office, with snap elections expected early next year. Rajapakse, who remains popular with many voters after overseeing the end of the war against Tamil separatists, will seek to extend his rule until 2021 in a contest that is likely to precede a papal visit in January. "President signs proclamation declaring his intention to hold a Presidential Election seeking another term," Rajapakse's office said in a brief statement. The proclamation has been sent to the chief elections commissioner, who will set the date for the polls in line with the Sri Lankan constitution. The announcement came soon after...

Arrest RU teacher’s killers: President

Arrest RU teacher’s killers: President

President Abdul Hamid today called for immediate arrest and exemplary punishment to the killers of Rajshahi University teacher AKM Shafiul Islam. “Along with the whole nation, I have been saddened by the incident,” Hamid said while addressing the 4th convocation of Rajshahi University of Engineering and Technology (Ruet) on the campus, reports our RU correspondent. Expressing deep concern over the killing of the sociology professor, he prayed for the slain teacher and conveyed his sympathy to his bereaved family. Prof Shafiul, 48, was hacked to death by unknown assailants near his house in Choddopai area on the outskirts of the city on Saturday. Hours after the killing a group calling itself Ansar Al...

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