Argentina and Uruguay will renew their historic rivalry when they clash in Saturday’s Copa America quarterfinals with all eyes on potential match-winners Lionel Messi and Diego Forlan. Uruguay won the first Copa America in 1916 and kept their momentum going through to the first World Cup, which they lifted in 1930. With that inaugural [...]
Eight of 90 banks flunked stress tests projecting how they would fare in another recession, and 16 more barely passed — but the results proved controversial. Some countries challenged the results as inaccurate and overly pessimistic, while analysts worried the tests did not account for the key risk of a Greek debt default. As [...]
Rebel leaders won recognition as the legitimate government of Libya from the United States and other world powers on Friday in a major boost to the rebels’ faltering campaign to oust Muammar Gaddafi. Western nations said they also planned to increase the military pressure on Gaddafi’s forces to press him to give up power [...]
The aggregate loss of Bangladesh Petroleum Corporation (BPC) skyrocketed to Tk 72.08 billion in the last fiscal year (FY) 2010-11, up by 251 per cent over the previous fiscal’s Tk 20.49 billion. The purchase of a substantially higher quantity of petroleum products from the international market at increased prices and the sale of the [...]
Two key executives in Rupert Murdoch’s media empire resigned Friday, and their former boss added public relations muscle as he began a series of apologies in the phone-hacking scandal. Out are Rebekah Brooks, chief executive of News International, and her predecessor in the job, Les Hinton, who most recently served as chief executive of [...]
China has complained about US President Barack Obama’s scheduled meeting on Saturday with exiled Tibetan spiritual leader, the Dalai Lama. China’s foreign ministry urged Mr Obama to cancel the White House engagement, which is expected to last half an hour. The private discussion is intended to show Mr Obama’s support for Tibet’s identity, the [...]
Government officials on Friday ruled out any dispute with the United Nations Population Fund over the preliminary figure of the fifth population census carried out in March 15 to 19 this year. Bangladesh Bureau of Statistics secretary Riti Ibrahim told New Age that UNFPA representatives were with them during the entire process of the [...]
“No sudden change is going to happen in Bangladesh,” former President Hussain Muhammad Ershad told Abdul Gaffar Choudhury on July 12 in London. Talking with the eminent writer and columnist Ershad also told him, “Sheikh Hasina is well protected now, not only by God, but by the present political situation, both national and international. [...]