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Economics

Is dominance of US dollar in global economy about to decline?

Economics

by M A Khaleque

Sat, 16 Nov 24

Is dominance of US dollar in global economy about to decline?

Recently, the BRICS summit was held in Kazan, Russia. Initially, BRICS was formed by four countries: Brazil, Russia, India, and China. Later, South Africa joined, giving it its current name, BRICS. Last year, five more countries were admitted, raising the membership to ten, although the group retained its original name. In this recent summit in Kazan, in addition to the 10 full BRICS members, 25 countries joined as observers, many of which may soon gain full membership. BRICS is fundamentally an economic cooperation bloc, whose member states represent 57% of the world's population and account for 47% of global GDP.

Is dominance of US dollar in global economy about to decline?

State and Politics

How many universities are needed in Bangladesh?
How many universities are needed in Bangladesh?

State and Politics

How many universities are needed in Bangladesh?

The students of Government Titumir College in the capital have called off their movement after the government assured them that a committee would be formed to consider converting the college into a university. The students had been protesting for several days demanding university status for their institution. On Tuesday afternoon, a delegation of the students went to the Secretariat for discussions. During the talks, the government assured them that a committee would be formed within 7 working days to address the demand. Earlier, on Monday, the students had blocked roads and railways throughout the day, causing near paralysis in the capital. There were reports in the media that some of the agitated students threw bricks at moving trains, injuring several people, including children.

Is BRICS equipped to confront its challenges?
Is BRICS equipped to confront its challenges?

Diplomacy

Is BRICS equipped to confront its challenges?

Russian President Vladimir Putin closed the BRICS summit, a bloc of developing economies, in the last week of October. Sanctions from the West have been aimed at cutting off Russia's economy from global markets. The conclave was the largest gathering of world leaders in Russia in decades. The 3-day summit attended by the highest officials of 36 countries was a testament to the West's failure of trying to isolate Russia and Putin globally.

Trump era sparks major changes in EU diplomacy
Trump era sparks major changes in EU diplomacy

Diplomacy

Trump era sparks major changes in EU diplomacy

After losing to Joe Biden in the 2020 election, Donald Trump stirred controversy by rejecting the election results and inciting his supporters, leading to riots. Following lawsuits and criminal charges, many thought Trump’s political career was over. However, he surprised everyone by making a powerful comeback to the presidency, making history. In the 250-year history of the United States, such an event has occurred only once before. Former President Grover Cleveland lost the 1888 election after serving four years in office but returned to the White House by winning the 1892 election four years later. With Donald Trump's victory, the United States witnessed the repetition of that historic event after 132 years. Trump's win also set another record: he became the oldest person to be elected as President of the United States.

The democracy practiced in Bangladesh
The democracy practiced in Bangladesh

Politics and Bureaucracy

The democracy practiced in Bangladesh

Although democratic systems are in place in most countries today, the methods and practices followed in these democracies are not the same everywhere. However, regardless of the differences in practices, the core principle of democracy is that a government is formed through the direct or indirect vote of the people. Despite numerous debates for and against democracy in political science, democratic systems are considered the best approach for a country's development; however, significant progress can also occur under autocratic rule. In some Middle Eastern Muslim countries, there is no democracy, no accountability, and no freedom of speech for citizens, yet development continues. Therefore, judging democracy solely by development is not appropriate.

Muntaha's murder reminds stark degradation of humanity
Muntaha's murder reminds stark degradation of humanity

State and Politics

Muntaha's murder reminds stark degradation of humanity

Five-year-old Muntaha. Red lipstick on her lips. A smile on her face. Shiny black hair down to her shoulders. Her charming eyes gazing fixedly. She is dressed in a purple outfit. Such a bright and beautiful child, Muntaha Akter's photo spread across social media, particularly Facebook. Seven days after her disappearance, her body was found near her home. The child's body had been buried in a muddy pond. Muntaha's home was in the village of Birdal Bhararifoud, in the Kanaighat Upazila of Sylhet.

Why are the international conventions silent on genocide?
Why are the international conventions silent on genocide?

Diplomacy

Why are the international conventions silent on genocide?

There is a long history of setting rules in human conflicts. However, before the modern era, no power had significant control over all countries, nor was there an alliance of allied nations to enforce or implement these desired rules. But by the mid-19th century, European countries began signing agreements among themselves, making it mandatory to follow international law. These European nations essentially agreed that based on these treaties, they had the authority to impose obligations on international law enforcement. In the middle of this century, these countries reached an agreement on maritime regulations, which became the first foundation of the laws of war. These laws gradually expanded during the 20th century, and some of them are still in force today. After the two world wars, the humanitarian aspects of these laws drew more attention, particularly in the context of eliminating human catastrophes and genocide.

Industry

Lessons from Bangladesh’s tussle with Adani Power
Lessons from Bangladesh’s tussle with Adani Power

Power and Energy

by Rohan Samarajiva

Wed, 13 Nov 24

Lessons from Bangladesh’s tussle with Adani Power

“Did you hear that Adani is refusing to supply Bangladesh with electricity?” a friend asked me recently. I knew it was a loaded question, my friend being a nationalist. “You recall wehad no power because we couldn’t pay for shiploads of fuel and coal just a few years back?” I asked back.

Low-grade service, how long do mobile operators avoid responsibility?
Low-grade service, how long do mobile operators avoid responsibility?

Telecom

by Rased Mehedi

Sat, 19 Oct 24

Low-grade service, how long do mobile operators avoid responsibility?

Complaints about substandard mobile internet service in Bangladesh are at length and this has become constant. Bangladesh has crossed the era of 4G step by step and now is on the verge of 5G technology; But the mobile telecommunication services failed to bring smiles to the faces of the customers! Call drops in voice calls and slow speed of the Internet or excessive disconnection and connection (fluctuation) are a constant fact in mobile operators' services in the country!

"Titanic" Company: From influential to bankrupt
"Titanic" Company: From influential to bankrupt

Industry

by Shimul Zabaly

Sun, 6 Oct 24

"Titanic" Company: From influential to bankrupt

"My Heart Will Go On..." Just hearing the name "Titanic" probably brings Celine Dion's iconic song to mind for millions of viewers. The image of Jack and Rose standing at the bow of the massive ship, holding hands, arms spread wide, gazing into the vast blue ocean, floats before our eyes. The ship is on its way from London to New York, crossing the endless Atlantic, heading towards a dreamland where they will step ashore and build a dreamy future. But suddenly, the ship strikes a massive iceberg—and then! We all know what happened next.

International

US once again vetoes Gaza ceasefire resolution

US once again vetoes Gaza ceasefire resolution

US once again vetoes Gaza ceasefire resolution

The US vetoed a UN Security Council draft resolution on Wednesday that demanded an “immediate, unconditional and permanent” ceasefire in the Gaza Strip, Anadolu Agency reports.

Suicide bombing kills 12 Pakistan troops

Suicide bombing kills 12 Pakistan troops

Suicide bombing kills 12 Pakistan troops

Authorities in northwestern Pakistan said Wednesday that militants overnight launched a gun and suicide bomb attack against a military outpost, killing at least 12 troops and injuring several others.

World Children's Day today

World Children's Day today

World Children's Day today

World Children’s Day is observed every year on November 20. This is a global celebration dedicated to the welfare, rights, and future of children.

Special Content

Thousands suffering as healthcare comes to standstill at NINMAS
Thousands suffering as healthcare comes to standstill at NINMAS

by Hira Talukder

Wed, 20 Nov 24

Thousands suffering as healthcare comes to standstill at NINMAS

Thousands of patients suffering from cancer and other critical diseases receive treatment at the National Institute of Nuclear Medicine and Allied Sciences (NINMAS), located on the campus of Bangabandhu Sheikh Mujib Medical University (BSMMU).

National

Economics

Financial crisis is not so critical
Financial crisis is not so critical

by Zeauddin Ahmed

Wed, 20 Nov 24

Financial crisis is not so critical

During a workshop titled "Inequality, Financial Crimes, and the Healing of Bangladesh's Economy," organized by Bonik Barta on November 11, 2024, at the Pan Pacific Sonargaon

Art and Culture

I’ll celebrate it quietly tonight

I’ll celebrate it quietly tonight

Han Kang

2024 literature laureate Han Kang had just finished dinner with her son at her home in Seoul when she received the news. In this interview, she reflects on being the first South Korean literature laureate and talks about how writers as a collective have influenced her: “All their efforts and strengths have been my inspiration.” Han Kang also talks about her writing process on the international hit The Vegetarian, and recommends her most recent book We Do Not Part for anyone who’s curious to start reading her books.

Diplomacy

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