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WB’s budget support appears unlikely

The World Bank (WB) appears reluctant to come forward with a $500 million credit line under the budget support programme, to the frustration of the government policymakers who for nearly one year tried to persuade the bank into giving the budget support loan. Slow pace of reforms in the overall economy, along with fund shortage of the bank are known to be the two principal reasons for the creditor’s unwillingness to sign the ‘budget support’ loan agreement with the government, a senior finance ministry official said. wbAt least three or four meetings we...

Extrajudicial killing, disappearance on focus at US report

The United States has said extrajudicial killings, forced disappearances, some restrictions on online speech and the press, poor working conditions and labour rights were the most significant human rights problems in Bangladesh last year. While political affiliation was sometimes a factor in the arrest and prosecution of members of the opposition parties, the government did not prosecute individuals solely on political charges, the US said in a new report on human rights. [caption id="attachment_16927" align="alignleft" width="300"]Dhaka, Bangladesh. 13th May 2015 -- Ganaja... </div><!-- .entry-content --> </article><!-- #post-## --> <div class=

Criminal justice processes incapable of ending torture

The Asian Human Rights Commission (AHRC) has over the past 15 years documented close to 3,000 cases of torture from Asia. Most of these cases are reported through AHRC’s Urgent Appeals Programme by partner organisations working in Sri Lanka, India, Pakistan, Bangladesh, Nepal, Burma, Cambodia, Indonesia, China, Philippines, and Thailand, says a press release. Having documented and closely followed each of these cases, and thereafter having used them to study the nuances of the legal processes, the AHRC is of the opinion that the criminal justice apparatus in these countries, the procedures followed by related institutions, and the promulgated legislations, are unfit to end torture.

US raises cyber concerns with China

President Barack Obama has raised continuing US concerns over China’s cyber activities, as two days of talks between the two nations came to an end. He urged China to act in order to reduce tensions, the White House said. us-chinaThe US has in the past accused China of being involved in hacking government and commercial computer systems. Earlier this month, the Chinese were blamed for a security breach involving the records of four million past and present US federal employees. Speaking in Washington at the end of the talks, US Secre...

Forex reserves highest ever $ 25 billion

Foreign exchange reserves in Bangladesh have exceeded $25 billion for the first time. The reserves reached $25.02 billion on Thursday. Bangladesh Bank General Manager Kazi Saidur [caption id="attachment_4203" align="alignleft" width="300"]The reserves now stand at $19.04bn, enough to pay off six months’ imports and second highest among SAARC countries The reserves now stand at $19.04bn, enough to pay off six months’ imports and second highest among SAARC countries[/caption] Rahman told reporters about the highest ever reserve achieved by Bangladesh. “The f...

Shakib again number 1 in all formats

Bangladesh’s Shakib Al Hasan has regained the number one spot in the ICC player ranking for one-day international after his outstanding performance against India. sakib_pc3With this, he has once again become the top all-round cricketer of the world in all three formats - ODI, T20 and Test. The prolific 28-year Shakib scored 123 runs (52, 51 not out and 20) and claimed three wickets for 99 runs in the recently-held three ODI series against India. He replaced Sri Lanka’s Tilkaratne Dilshan from the number position in the ODI, according t...
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