The eurozone crisis will dominate an EU summit on Monday, with an emphasis on growth and “smart” budget discipline. The EU has more than 23 million unemployed people and there are fears that wide-ranging budget cuts will harm enterprise and training. Cuts need to be “smart” – well-targeted – to allow room for future growth, [...]
Dozens of Occupy London protesters have been evicted from a disused office block in the City of London, criticising police and bailiffs for what they called heavy-handed and “utterly irresponsible” tactics. Around 50 protesters were evicted peacefully from the UBS-owned building they had turned into an educational hub called the Bank of Ideas, shortly after [...]
Iran sent conflicting signals in a dispute with the West over its nuclear ambitions, vowing to stop oil exports soon to “some” countries but postponing a parliamentary debate on a proposed halt to crude sales to the European Union. The Islamic Republic declared itself optimistic about a visit by U.N. nuclear experts that began Sunday [...]
The U.N. Security Council will take up a draft resolution this week that calls on Syrian President Bashar al-Assad to step down and transfer power. The move follows news that the Arab League suspended a mission to monitor whether al-Assad was abiding by an agreement to end a brutal crackdown against anti-government protesters. Arab League [...]
A tiny revolutionary fold-up car designed in Spain’s Basque country as the answer to urban stress and pollution was unveiled Tuesday before hitting European cities in 2013. The “Hiriko,” the Basque word for “urban,” is an electric two-seater with no doors whose motor is located in the wheels and which folds up like a child’s [...]
Defending champion Novak Djokovic battled past Rafael Nadal in an epic, five-set Australian Open final which clocked in at 5hr 53min—the longest title match in grand slam history—early Monday. Djokovic fought back from losing the first set to take a 2-1 lead, but he was then taken to a gripping fifth set by resurgent Nadal [...]
Following a continuous slide in the general index, market regulators Securities and Exchange Commission (SEC) has called a meeting with capital market stakeholders on Tuesday. An emergency meeting would take place at 11:30am, SEC spokesperson Saifur Rahman told bdnews24.com on Monday. He said representatives of the two capital markets and stakeholders — CDBL, Merchant Bankers’ [...]
US Ambassador Dan W Mozena on Monday said America will invest nearly one billion dollars over the next five years to help Bangladesh improve the lives of its citizens, most especially the children. “America’s partnership with Bangladesh has so many facets: Health of pregnant women and mothers of children; health of newborns and older children; [...]
Prime Minister Sheikh Hasina Monday underscored the need for concerted action by SAARC member countries to cope with the problems caused due to world economic crisis as well as the own problems of climate change and environmental degradation. She expressed the view while addressing the inaugural session of the Fifth Meeting of SAARC Finance Ministers [...]