Factories closing, stagnation in investment
Factories closing, stagnation in investment

With a growing number of factory closures, Bangladeshs economic outlook is becoming increasingly uncertain; also stagnant investment is signaling a broader crisis. Private sector credit has hit a 42-month low, while rising interest rates and a faltering business environment have dampened both...

Turkiye to continue solution-oriented diplomacy, says FM Fidan
Turkiye to continue solution-oriented diplomacy, says FM Fidan

Turkiye is committed to maintaining and strengthening its solution-driven diplomatic approach, aiming for lasting cooperation and global problem-solving, Foreign Minister Hakan Fidan stated Tuesday as he reflected on the year, reports Daily Sabah. Fidan emphasized that Turkiye has benefited from...

France’s Macron acknowledges early elections led to political instability
France’s Macron acknowledges early elections led to political instability

French President Emmanuel Macron stated on Tuesdayhis choice to hold early parliamentary elections in June had caused more political instability in the country, in a rare moment of contrition. The speech caps a tumultuous 2024 for Macron, who shocked the nation halfway through the year by...

Japan, US announce strengthened guidelines for Extended Deterrence
Japan, US announce strengthened guidelines for Extended Deterrence

Japan and the United States have unveiled updated guidelines for Extended Deterrence, addressing mounting strategic and nuclear threats in the Indo-Pacific region. The guidelines reaffirm the nations commitment to bolstering deterrence and preserving regional stability amid an increasingly complex...

Awami League perpetuates brutality: Mirza Fakhrul
Awami League perpetuates brutality: Mirza Fakhrul

Bangladesh Nationalist Party (BNP) Secretary General Mirza Fakhrul Islam Alamgir has accused the Awami League of engaging in a vicious campaign of violence and unrest nationwide. In a statement issued on Tuesday, Fakhrul alleged that even after the fall of the Awami Leagues fascist regime in a...

Taliban defense ministry vows retaliation against Pakistan’s airstrike
Taliban defense ministry vows retaliation against Pakistan’s airstrike

The Talibans Ministry of Defense has vowed to respond to a Pakistani airstrike on Barmal, Paktika, calling the attack an infringement on their sovereignty and emphasizing their right to defend their territory. The Ministry claimed the bombing targeted Waziristani refugees, resulting in civilian...

Apparel industry in deep crisis: 155 factories closed, millions lost jobs
Apparel industry in deep crisis: 155 factories closed, millions lost jobs

The garment, textile, and knitwear sectors in Bangladesh are in crisis, with industry leaders citing the energy shortage, labor unrest, and instability in the banking sector as the primary causes. These challenges have had a devastating impact on the industry. In the past year alone, 140 factories...

Global leaders concern over Taliban policies on women, stability
Global leaders concern over Taliban policies on women, stability

Special Envoys and Representatives for Afghanistan from 13 nations, including the UK, US, and members of the European Union, convened in Geneva to address the escalating humanitarian and security crisis in Afghanistan under Taliban rule. Observers from the UN, World Bank, and Organisation of...

Experts call for diversified exports, investment in human capital to boost global competitiveness
Experts call for diversified exports, investment in human capital to boost global competitiveness

Political and social stability, along with diversified export markets, are key to attracting foreign direct investments (FDI) and ensuring Bangladeshs global competitiveness, experts said on Tuesday at a public lecture at Dhaka. From his extensive experience with the Asian Development Bank...

US, Iraq address path to stability in Syria
US, Iraq address path to stability in Syria

U.S. Secretary of State Antony J. Blinken met with Iraqi Prime Minister Mohammed Shiaa al-Sudani in Baghdad on Friday, with a significant focus on tackling the ongoing crisis in Syria. Secretary Blinken reaffirmed U.S. support for a Syrian-led political process aimed at establishing an inclusive...

Washington urges dialogue for regional stability in South Asia
Washington urges dialogue for regional stability in South Asia

During the U.S. State Department briefing on Tuesday (Washington time), spokesperson Matthew Miller emphasized the United States continued diplomatic engagement with Bangladesh, India, and Pakistan despite concerns about high-level visits to the region. Miller responded to questions regarding...

Sakhawat pledges strict action against labor unrest
Sakhawat pledges strict action against labor unrest

Brigadier General (Retd) Dr. M. Sakhawat Hossain, Adviser to the Ministry of Labour and Employment, declared that anyone involved in creating unrest in the labor industry, whether an employer or a worker, will be held accountable and punished. His remarks came on Sunday during a meeting at the...

Traders face escalated risk of default once again
Traders face escalated risk of default once again

Industrial production has sharply declined, and export income has been severely disrupted, bringing business and trade to a near standstill. Multiple pressures, including political instability, have contributed to this economic downturn. Among these challenges, a key factor is the reduction in the...