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Jean Tirole wins 2014 Nobel Prize for Economics

French economist Jean Tirole won the 2014 economics Nobel Prize for his analysis of market power and regulation, the Royal Swedish Academy of Sciences said on Monday. nobel-eco“Jean Tirole is one of the most influential economists of our time,” the award-giving body said. “Most of all he has clarified how to understand and regulate industries with a few powerful firms.” The economist will receive an 8 million Swedish crown ($1.1 million) prize. The economics prize, officially called the Sveriges Riksbank Prize in Economic Sciences in M...

BD-US partnership dialogue postponed    

The third partnership dialogue between Bangladesh and the US has been postponed due to conflicting schedule. The dialogue, between Foreign Secretary M Shahidul Haque and his US counterpart Wendy Sherman, was supposed to 0be held in Washington, DC on October 21-22, reports the Dhaka Tribune. “We are working on finding a new date,” the foreign secretary told the Dhaka Tribune. bd-us-flag1Shahidul will accompany Prime Minister Sheikh Hasina in the Asia Europe Meeting to be held from October 16 and 17, and he will attend the Compact Review meeti...

India-Bangladesh projects in Tripura making rapid progress  

A number of infrastructure and development projects have been jointly undertaken by India and Bangladesh in Tripura. Recently, the Indian Deputy High Commissioner in Dhaka was in Tripura to review the progress made in the entire proposed Indo-Bangla projects. During his three-day visit to the state, Indian Deputy High commissioner in Dhaka Sandeep Chakravorty met ministers and top officials and took stock of the progress of various India-Bangladesh projects. Following the meeting with Power Minister Manik Dey, Chakravorty revealed that the work for supply of 100 MW power from Tripura’s Palatana power project to Bangladesh is progressing fast.

How to rob a bank in Bangladesh  

In Bangladesh, we sometimes play We Also Have. This is a parlor game in which we can say, with pride, that we now have the things that could previously be found only in other countries. In the 1990s, it was satellite television (we also have MTV!); in the 2000s, it was shopping malls and high-rise buildings and multiplex cinemas. This year, it was a Hollywood-style bank heist. In January, a man going by the name of Sohel and his accomplice Idris successfully stole 169 million taka (about $2.2 million) from a branch of Sonali Bank in Kishoreganj, 70 miles north of the capital, Dhaka.

Malala, Kailash win Nobel Peace Prize

Pakistani teenager Malala Yousafzai, who was shot in the head by the Taliban in 2012 for advocating girls’ right to education, and Indian children’s right activist Kailash Satyarthi won the 2014 Nobel Peace Prize on Friday. malala-kailash-satyarthiWith the prize, Yousafzai, 17, becomes the youngest Nobel Prize winner, eclipsing Australian-born British scientist Lawrence Bragg, who was 25 when he shared the Physics Prize with his father in 1915. Satyarthi and Yousafzai were picked for their struggle against th...

Nobel Literature Prize awarded to Patrick Modiano

The 2014 Nobel Prize in Literature was awarded on Thursday to French author Patrick Modiano for "the art of memory with which he has evoked the most ungraspable human destinies and uncovered the life-world of the occupation." patrickModiano, 69, is the author of more than two dozen books and several screenplays. The 11th Literature laureate born in France, Modiano is also the recipient of the Grand prix du roman de l'Académie française, the Prix Goncourt, the Prix mondial Cino Del Duca and the Austrian State Prize for European Literature. Pri...
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