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Quota movement inflicts Tk22cr loss for Eastern Railway
Quota movement inflicts Tk22cr loss for Eastern Railway

by VB Desk

Sat, 27 Jul 24

Quota movement inflicts Tk22cr loss for Eastern Railway

Railway engines and coaches were vandalised and different train compartments were burnt during the nationwide violence centring the quota reform movement. Apart from this, the rail tracks were also damaged.

Economics

Are local brand products disappearing?

Economics

by Bayezid Ahamed

Tue, 16 Jul 24

Are local brand products disappearing?

During the 70s, 80s, 90s, and the first decade of the 21st century, several popular products dominated the Bangladeshi market. These products not only met local demand but were also exported abroad. Over time, many of these products have become rare in the market. However, a bit of nostalgia can bring these items vividly to mind. Advertisements for these products on black-and-white televisions, and later on color televisions in the 90s, were a source of joy for the general public.

Are local brand products disappearing?
Will high inflation come under control anytime soon?

Economics

by M A Khaleque

Mon, 15 Jul 24

Will high inflation come under control anytime soon?

The current national budget has given special importance to controlling high inflation. Despite efforts over the past one and a half years, inflation remains unmanageable. The budget has set a target to bring down the inflation rate to 6.5% within the current fiscal year. However, most economists in the country believe this target is unattainable given the current state of the economy. They predict that even if inflation does not rise further, it is unlikely to fall below 9% anytime soon. Finance Minister Abul Hassan Mahmud Ali mentioned in a post-budget press conference that inflation would decrease within the next six months, but did not specify how this target would be achieved. A new monetary policy for the first six months of the current fiscal year is expected to be announced soon, and it is certain that controlling high inflation will be a priority. However, it is unlikely that inflation can be brought to a tolerable level through monetary policy alone.

Will high inflation come under control anytime soon

State and Politics

New dynamic: Kamala Harris vs. Trump in presidential election
New dynamic Kamala Harris vs. Trump in presidential election

Diplomacy

New dynamic: Kamala Harris vs. Trump in presidential election

A recent shooting incident at a Donald Trump rally in Butler, Pennsylvania, indicates that the time has come to raise a strong voice against political violence in the United States. It is still unclear what the political beliefs of the shooter at Trump's rally were. The Secret Service has confirmed that Trump is safe, but at least one person attending the rally and the suspected attacker have been killed. This incident suggests that the frequency of untoward incidents is likely to increase during the election year. This is particularly concerning as election-related officials continue to fear ongoing threats and violence.

Israel army recovers bodies of 5 killed on October 7 from Gaza
Israel army recovers bodies of 5 killed on October 7 from Gaza

State and Politics

Israel army recovers bodies of 5 killed on October 7 from Gaza

Israeli forces retrieved the remains of five Israelis, killed during Hamas's October 7 attack on southern Israel, whose bodies had been taken to the Gaza Strip, the military said Thursday

Brief defeat of Iran's hardliners
Temporary defeat of hardline politics in Iran

Politics and Bureaucracy

Brief defeat of Iran's hardliners

Reformist leader Dr. Masoud Pezeshkian has been elected as the President of Iran. He defeated hardliner Saeed Jalili by 28,000 votes in the second round of voting, becoming Iran's new president with 16.3 million votes, while Jalili received 13.5 million votes. This election took place two and a half years into the government’s term following the death of President Ebrahim Raisi in a plane crash.

Reasons for rise of far-right forces in France
Reasons for rise of far-right forces in France

Diplomacy

Reasons for rise of far-right forces in France

Before and after the parliamentary elections, President Macron faced unprecedented questions about his leadership from both conservative loyalists and centrist rebels. Candidates worried about their chances in the election openly distanced themselves from him. Meanwhile, influential leaders in the government, like Prime Minister Attal, distanced themselves from Macron's decision to call for early elections. The leftist coalition, New Popular Front (NFP), won the most seats in the French national parliamentary election, successfully blocking a landslide victory by the far-right National Rally (RN). The coalition includes the Socialists, Greens, Communists, and Jean-Luc Mélenchon's France Unbowed party, which were previously deeply divided. Uniting these groups into a coalition was not easy, making their victory a groundbreaking event.

Assassination attempt on former US President Trump: Was it an act of a lone wolf?
Assassination attempt on former US President Trump Was it an act of a lone wolf

Diplomacy

Assassination attempt on former US President Trump: Was it an act of a lone wolf?

It is a huge development not only for USA, but also for the rest of the world that former President and Republican candidate for the upcoming election in November, Donald Trump was targeted by a 20-year-old man with an AR-style semi-automatic rifle while he was addressing a gathering in Pennsylvania. The 78-year-old former President was hit in the ear while the shooter was killed by law enforcers. At the scene two attendees were badly injured and one was killed.

A Second Trump Presidency – A Pandora’s Box for the Global Order
A Second Trump Presidency – A Pandora’s Box for the Global Order

Diplomacy

A Second Trump Presidency – A Pandora’s Box for the Global Order

According to a poll, 40% of Americans think foreign policy should be a primary issue in this election, which shows that number has nearly doubled since last year. How the U.S. impacts global affairs should be a priority for the U.S. Presidential election. However, the world has no say in who should lead the U.S., while the U.S. leader continues to dictate how the world should be governed; this paradox has continued to bewilder, frustrate, and even intrigue foreign affairs experts. In the ongoing discourse on how the next U.S. election will turn out, there is a complex debate on what a second Trump presidency would look like. Arguably, in his first term, Trump rewrote the global diplomacy rulebook. He had also transformed the domestic political landscape, which saw the attacks on the capitol, an incident that was not expected to occur in the U.S. However, this piece will focus on how a second Trump Presidency would impact international affairs.

Industry

Power plants producing less electricity than capacity
Power plants producing less electricity than capacity

Power and Energy

Power plants producing less electricity than capacity

The country has a total installed capacity of 26,364 MW in power plants. Amidst an intense heatwave on April 30, the highest electricity generation recorded was 16,477 MW. Typically, the production ranges from 10,000 to 12,000 MW, and during nighttime, it increases to 14,000 to 15,000 MW. This means that even on the highest production days, about 10,000 MW of capacity remains idle daily. On average, 37% of power plants are not utilized. This raises the question of whether such a high number of power plants was necessary.

International

Trump calls Kamala Harris 'lunatic' in first rally since Biden exit

Trump calls Kamala Harris 'lunatic' in first rally since Biden exit

Trump

In a speech where he also claimed that Harris was in favor of the "execution" of babies due to her position on abortions, the former president and Republican nominee said: "She is a radical left lunatic who will destroy our country."

Special Content

National

Quota movement inflicts Tk22cr loss for Eastern Railway
Quota movement inflicts Tk22cr loss for Eastern Railway

by VB Desk

Sat, 27 Jul 24

Quota movement inflicts Tk22cr loss for Eastern Railway

Railway engines and coaches were vandalised and different train compartments were burnt during the nationwide violence centring the quota reform movement. Apart from this, the rail tracks were also damaged.

Economics

Are local brand products disappearing?
Are local brand products disappearing?

by Bayezid Ahamed

Tue, 16 Jul 24

Are local brand products disappearing?

During the 70s, 80s, 90s, and the first decade of the 21st century, several popular products dominated the Bangladeshi market. These products not only met local demand but were also exported abroad. Over time, many of these products have become rare in the market. However, a bit of nostalgia can bring these items vividly to mind. Advertisements for these products on black-and-white televisions, and later on color televisions in the 90s, were a source of joy for the general public.

Promotion

Palak promises laptops for women trainees in Cox's Bazar

Palak promises laptops for women trainees in Cox's Bazar

Palak promises laptops for women trainees in Cox's Bazar

State Minister for Post, Telecommunication and Information Technology Zunaid Ahmed Palak has promised to provide laptops to women trainees of "Her Power Project: Empowerment of Women through Technology (1st Revision)", being implemented to ensure sustainable empowerment of women as entrepreneurs through best and safe use of information technology.

Diplomacy

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