Browse Category

International

Indian economy hit by Bangladesh violence, rupee slump

Due to political turmoil in Bangladesh and depreciation of rupee against the dollar, trade decline between the India’s northeastern states and  its eastern neighbour has enormously affected the Indian economy, officials and traders said. With the depreciation of the Indian rupee against the dollar and political turmoil in Bangladesh, trade between the northeastern states and India’s eastern neighbour has been enormously affected, officials and traders said. indo-banglaAccording ...

Pakistan eager to introduce visa-free travel to India

Prime Minister of Pakistan Nawaz Sharif has once again indicated that his country is eager to introduce visa free travel to India and he is ready to strengthen ties with the neighbour. On Sunday, Sharif made a strong plea for resuming peace ties with India on immediate basis, saying: “We must aim to dismantle visa requirement between the two countries.” Talking to the local media in Lahore, the seasoned politician said that the Indian media could play an important role in this regard. According to him, the Indian media persons should try to convince the leadership in New Delhi to sit together with the Pakistani leaders in an attempt to resolve outstanding bilateral issues.

Iran, world powers reach deal in nuke talks

Iran struck a historic deal Sunday with the United States and five other world powers, agreeing to a temporary freeze of its nuclear program in the most significant agreement between Washington and Tehran in more than three decades of estrangement. Iranian President Hassan Rouhani endorsed the agreement, which commits Iran to curb its nuclear activities for six months in exchange for limited and gradual sanctions relief, including access to $4.2 billion from oil sales. The six-month period will give diplomats time to negotiate a more sweeping agreement. It builds on the momentum of the public dialogue opened during September’s annual U.N. gathering, which included a 15-minute phone conversation between President Barack Obama and moderate-leaning Rouhani, who was elected in June. ...

Most US retailers refuse aid to Bangladesh factory victims

Most United States retailers, who sold garments manufactured in devastated Bangladesh's RanaPlaza factory and Tazreen factory, have refused to join an effort to compensate the families of more than 1,200 workers who died in the factory fire. ranaplazaNone of the American companies, neither Walmart, Sears, Children's Place, nor any other company has agreed to contribute to the efforts of creating compensation funds for the victims' families, even after one year of the incident, the New York Times reports. The International Labor Organizatio...

Myanmar trades the least with Bangladesh

Myanmar exchanged the least border trade with Bangladesh among its four neighboring countries in this fiscal year, according to Myanmar Ministry of Commerce. bdesh-myanmar-flagThe country’s border trade with four neighboring countries such as China, India, Thailand and Bangladesh in FY 2013-14 from April 1 to November 11 received $ 2.7 billion, with the border trade with Bangladesh only receiving around $ 6 million. The ministry said Myanmar exchanged the most border trade with China, followed by Thailand as the second largest. ...

New sanctions risk war with Iran: US

The White House has warned lawm akers that tightening sanctions on Iran could push the US on a "march to war" and derail a diplomatic push to limit Tehran's nuclear programme. "The American people do not want a march to war," White House spokesman Jay Carney said on Tuesday. The US, Britain, China, France, Germany, Iran and Russia will send top nuclear negotiators to Geneva next week to see whether they can push for a transparent nuclear program me in Iran. M_Id_438817_iran  
Verified by MonsterInsights