US and Iran begin talks on initial peace deal
US and Iran begin talks on initial peace deal

US and Iranian officials have started direct talks in Switzerland after signing an initial agreement to end the war last week, BBC reported. The deal includes a commitment to reach a final agreement within 60 days, as well as an end to fighting on all fronts - including in Lebanon - and the...

Iran ready to re-enter oil market after deal signing
Iran ready to re-enter oil market after deal signing

The US will allow Iran to immediately begin selling oil and fuel under the memorandum of understanding (MoU) the two sides reached to end the war, a senior US official said on Tuesday, Dawn reported. Iran can only access any benefits of the MoU if they abide by all of the points they agreed to...

Iran deal includes $300 billion fund, more than half of which already committed, source says
Iran deal includes $300 billion fund, more than half of which already committed, source says

A $300 billion private fund designed to trigger investment into Iran is outlined in the U.S.-Iran framework agreement and more than half that sum has already been committed, a source with direct knowledge of the deal told Reuters. The fund is designed to give both sides an economic incentive to...

World leaders hail historic Iran-US agreement
World leaders hail historic Iran-US agreement

A chorus of international praise has greeted the memorandum of understanding (MoU) finalized between Iran and the United States, which brings an immediate and permanent end to the US‑Israeli war of aggression on Iran, lifts the naval blockade, and reopens the Strait of Hormuz, Press TV reported....

Saudi Arabia greets US-Iran deal
Saudi Arabia greets US-Iran deal

Saudi Arabia on Monday welcomed a US-Iran deal to end hostilities and kickstart peace talks, cautioning that any lasting arrangement should take into account the security interests of the region, AFP reported. The kingdom welcomed the agreement reached between the United States of America and...

Oil prices sink to three-month low as US-Iran deal signals Hormuz reopening
Oil prices sink to three-month low as US-Iran deal signals Hormuz reopening

Oil prices slipped to their lowest since March on Monday after U.S. President Donald Trump and Irans deputy foreign minister said they had reached an initial deal to end the war and to resume traffic through the Strait of Hormuz, reports Reuters. Brent crude futures fell $3.58, or 4.10%, to...

Iran says no final decision made on deal that Trump hopes could be signed soon
Iran says no final decision made on deal that Trump hopes could be signed soon

President Donald Trump on Thursday said the United States and Iran could sign a peace deal as soon as this weekend that would reopen the Strait of Hormuz to shipping, but Iran countered that it had not reached a final decision on an agreement. The deal, if confirmed, would be the most...

Shama Obaed assures protection of national interest in all foreign deals
Shama Obaed assures protection of national interest in all foreign deals

State Minister for Foreign Affairs Shama Obaed Islam Rinku on Saturday said that any agreement signed by the current government with foreign countries would fully protect Bangladeshs national interests and the interests of its people. Speaking as the chief guest at a discussion and prayer...

Govt inks deal with 12 IPPs for 918 MW power
Govt inks deal with 12 IPPs for 918 MW power

The government has signed contract with 12 independent power producers (IPPs) to generate 918-MW electricity at an average cost of 7.80 cents (Tk 9.12) per kilowatt-hour, with officials saying amount was roughly 2.5 cents lower than previous such costs. Bangladesh Power Development Board (BPDB)...

Biman, Boeing ink landmark deal for 14 aircraft
Biman, Boeing ink landmark deal for 14 aircraft

Biman Bangladesh Airlines on Thursday signed a landmark agreement with US aerospace giant Boeing to acquire 14 aircraft, marking one of the largest fleet expansion moves in its history and boosting Bangladeshs aviation growth ambitions. The agreement was signed at a ceremony at Hotel...

Whose interests does this Boeing deal serve?
Whose interests does this Boeing deal serve?

No sector of the economy shows any sign of improvement, while the global crisis continues to intensify human hardship. In response to fuel and electricity shortages, the Prime Minister has adopted austerity measures and is urging both officials and citizens to spend more cautiously. Meanwhile,...

Pakistan halts $1.5 billion arms deal with Sudan after Saudi objection
Pakistan halts $1.5 billion arms deal with Sudan after Saudi objection

Pakistan has put a $1.5 billion deal to supply weapons and jets to Sudan on hold after Saudi Arabia asked for the agreement to be terminated and said it would not finance the purchase, two Pakistani security sources and a diplomatic source said, Reuters reported. The conflict between Sudans army...

Trade deal with US undermines energy sovereignty: Debapriya Bhattacharya
Trade deal with US undermines energy sovereignty: Debapriya Bhattacharya

Economist and Distinguished Fellow at the Centre for Policy Dialogue (CPD), Dr Debapriya Bhattacharya, has claimed that the trade agreement signed by the interim government with the United States undermines Bangladeshs energy sovereignty. Speaking as the chief guest at a pre-budget shadow...

US trade deal may narrow energy options, fiscal pressure mounts: Debapriya
US trade deal may narrow energy options, fiscal pressure mounts: Debapriya

Eminent economist Debapriya Bhattacharya has warned that Bangladeshs recent reciprocal trade agreement with the United States could significantly constrain the countrys energy sourcing options, particularly amid mounting macroeconomic pressures and limited fiscal space ahead of the new budget....