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Monday, April 23, 2018

News of: Wednesday, 18th of July, 2012

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Front Page

Terror financed due to HSBC failure

Islami Bank Bangladesh Ltd and Social Islami Bank Ltd came into the spotlight yesterday for their alleged links to terrorist financing after a US Senate report exposed British banking giant HSBC's internal governance failure to control flows of suspect funds.

Click here to read Full Text of US report

World to see we can do it

Prime Minister Sheikh Hasina has said her government will show the world that it can construct Padma bridge with the country's own funds.

PM's remark unexpected

The opposition BNP has termed the prime minister's remark “linking Nobel Laureate Prof Muhammad Yunus” with the scrapping of the Padma Bridge loan deal by the World Bank “unexpected”.

Beat them up!

No one has been assigned to collect money from people for the construction of the proposed Padma bridge, Finance Minister AMA Muhith said yesterday.

Buet negotiations take wrong route

After the agitating Buet teachers threatened to resign en masse, the vice-chancellor yesterday said he would hire teachers if necessary. For his part, the education minister suspects somebody might be trying to hinder the crisis resolution efforts.

3 months on, no progress yet in probe

Law enforcement agencies are yet to make any progress in tracing BNP lawmaker Ilias Ali, who went missing along with his driver from the capital's Banani area in the small hours of April 18.

A blast, some questions

A woman was injured when a bomb exploded in her handbag in the capital's Agargaon yesterday. Police suspect the explosive was activated by a mobile phone.

Witness testifies in camera for first time

For the first time at the international crimes tribunals, a witness testified and was cross-examined behind closed doors yesterday.

Business as usual

Conditions at Daulatdia ferry terminal returned to their previous state hours after the withdrawal of a transport strike in the southern districts to protest rampant extortion and harassment. The gang responsible for all these criminal acts re-established its presence on Monday midnight.

CHT councils to get full control by next month

All public offices in Chittagong Hill Tracts will be brought under the hill district councils concerned by the end of next month, State Minister for CHT Affairs Dipankar Talukder said yesterday.

BNP council on time

Policymakers of opposition BNP have agreed to hold the party's sixth national council within the stipulated time to avoid any punitive measure by the Election Commission.

Battle rages for Syria capital

Syrian rebels declared the battle to "liberate" Damascus has begun as heavy fighting raged across the capital yesterday marking a new chapter in the 16-month-old uprising.

Jet-setting Hillary breaks travel record

If diplomatic achievements were measured by the number of countries visited, Hillary Rodham Clinton would be the most accomplished secretary of state in history.

Mob kills 3 'robbers'

Three robbers were beaten to death by a mob as they tried to flee after looting a house in Narsingdi town early yesterday.

Worker killed in Ctg ship breaking yard

A worker died after a large iron plate fell on him at a ship-breaking yard at Bhatiari in Sitakunda upazila of Chittagong early yesterday.

Mamata finally backs Pranab

Ending weeks of suspense, Trinamool Congress chief and West Bengal chief minister Mamata Banerjee yesterday announced that her party would support UPA candidate Pranab Mukherjee at the July 19 presidential polls against opposition-backed nominee PA Sangma.

Indian business delegation due in city Friday

A high-level Indian business delegation will arrive in Dhaka on Friday on a three-day visit to explore bilateral trade and investment relations and identify potential areas of growth.

Journos to go for tougher agitation after Eid

Leaders of six journalists' organisations yesterday threatened to launch tougher agitation programmes after Eid-ul-Fitr if police failed to arrest the killers of Sagar and Runi.

16 more Rohingyas sent back

Border Guard Bangladesh (BGB) yesterday sent back 16 more Rohingyas, including three children, to Maungdaw of Myanmar from Teknaf of Cox's Bazar.


Buet standoff

The situation in the premier institution of engineering studies, the Buet, it seems, has turned for the worse. The education minister had assured the agitating teachers that the matter would be taken up at the highest level and resolved by next Sunday. In view of that, we feel, the teachers could have waited till then before announcing their plan to resign. We agree with the minister's comments that his task has been made difficult because of this.

Private fund collection for Padma Bridge

No one is contending the fact that Bangladesh can build a bridge using its own resources. The questions are at what cost the proposed Padma Bridge will be built and what will the process of fund collection be.


Wins warm up Tigers

Mohammad Ashraful's half-century and two wickets from Elias Sunny set up Bangladesh's second warm-up Twenty20 victory on Monday evening.

Bangladeshi Fahim becomes French

Once threatened with expulsion for living in the country illegally, a Bangladeshi chess prodigy will now represent France at next month's European Championships, chess officials said Monday.

NSC's ad-hoc solution

The National Sports Council (NSC) on Tuesday formed an ad-hoc body in an apparent effort to put an end to a long legal war between two parties over representing Bangladesh as a valid entity in the International Paralympic Committee.

Foreigners quota unchanged

Against all the demand from Bangladesh Premier League clubs to reduce the number of foreign booters playing in a match, the Professional Football League Committee yesterday decided to keep the number to four. The committee also stuck to the old decision of registering seven foreigners per club.

Imperial champs

Dhaka Imperial College emerged champions in the Diamond Melamine College Rugby Competition beating Dr. Malika University College by 20-5 points in the final at the Kamlapur Stadium yesterday.

Abahani win women's team title

Abahani clinched the women's team event title of the Lotto Open Table Tennis Competition beating Destiny TT Club in 3-2 sets in a keenly contested match at the Shaheed Tajuddin Ahmed Wooden Floor Gymnasium yesterday.

Narayanganj, Sylhet post wins

Narayanganj defeated Patuakhali by 4-0 goals in their KFC Women's Football Super League match at the Sylhet Stadium yesterday, thanks to a hattrick from Eti. All the three goals by Eti were from the penalty spot. The other goal was scored by Mithila.

AFC suspends Bin Hammam

The Asian Football Confederation have suspended former President Mohamed Bin Hammam after a lengthy audit of their accounts revealed fresh allegations of financial wrongdoing, the body said in a statement on Tuesday.

5-star Narine ensures 4-1 victory for hosts

A superb bowling performance by Sunil Narine saw hosts West Indies to a 20 run win over New Zealand here on Monday in their fifth and final one day international.

Lankans' threat to SLPL

Sri Lanka captain Mahela Jayawardene has said the country's cricketers may decide against taking part in the inaugural season of the Sri Lanka Premier League (SLPL) if the Sri Lanka Cricket (SLC) doesn't "settle" the players' central contracts.

BCCI to seek govt clearance

India's cricket chiefs are confident they will secure the government's clearance to host Pakistan for a short tour later this year, an official said on Tuesday.

Friendship is forever

Yohan Blake insists his friendship with fellow Jamaican, training partner and sprint rival Usain Bolt will survive whatever happens at London 2012.

Akmal, Razzaq get Pak recall

Pakistan recalled wicket-keeper batsman Kamran Akmal, all-rounder Abdul Razzaq and opener Imran Nazir in their 15-man squad Tuesday for the World Twenty20 in Sri Lanka.

Wet London sends Liu to Germany

England's miserable summer weather has prompted Chinese athletics star Liu Xiang to leave London and complete his pre-Olympics training in Germany, the China Daily said Tuesday.

Anderson ready for SA test

James Anderson believes England will have to be patient as never before if they are to maintain their world number one Test ranking against a South Africa side who are masters of playing under pressure.

Imran hails Indo-Pak series

Former Pakistan captain Imran Khan on Tuesday hailed the revival of cricketing ties with India, saying the resumption of one of the world's great rivalries was good for the sport.

Sepp causes a stir

FIFA President Sepp Blatter set out to mend his relationship with Germany on Tuesday by clarifying comments which appeared to suggest the country could have "bought" the right to host the 2006 World Cup.

United fever grips SA

Manchester United fever is sweeping South Africa with tickets selling fast for a two-match tour despite the absence of England star Wayne Rooney and many other first choices.

Giggs proud to represent GB

Ryan Giggs said on Monday that he hoped the British Olympic soccer team's return to the Games after a 52-year absence was not just a one-off.

Tito eyes fresh start

Barcelona's new coach Tito Vilanova refused to contribute to the controversy over the lifting of Jose Mourinho's and his bans after last year's infamous eye-poke incident as he started work at the Nou Camp on Tuesday.

Debuchy wants out

France winger Mathieu Debuchy, under contract at Lille until 2015, has said he wants to leave the club and will not take part in training on Tuesday, according to L'Equipe.

MU retain top spot in Forbes list

English soccer club Manchester United retained their title as the world's most valuable sports team, according to an annual top 50 list released by Forbes on Monday that was dominated by National Football League (NFL) franchises.


Good news for RMG as buyers increase orders

Things are looking up for the readymade garment sector despite the precarious state of the global economy, as international buyers have considerably increased their orders from Bangladesh this year.

BSTI to launch special anti-adulteration drives

The national standards body will conduct special drives across the country to prevent sales of adulterated food during Ramadan, Industries Minister Dilip Barua said yesterday.

DSE resets Ramadan trading and office hours

The Dhaka Stock Exchange rescheduled its trading and office hours for the month of Ramadan.

Stocks buoyed by monetary policy optimism

Inventors' optimism about the market ahead of a new monetary policy helped stocks to gain.

US panel exposes governance failure at HSBC

The US Senate Permanent Subcommittee on Investigations, a Congressional watchdog panel, exposes governance failure in HSBC's operations in the US. Here is a portion of the report that highlights the British bank's Bangladesh operations and links to two local Islamic banks.

US senators hammer HSBC's money-laundering lapses

HSBC Holdings Plc put itself at the mercy of the US Senate on Tuesday, acknowledging shortcomings in its anti-money laundering operations and revealing the resignation of a global executive.


Students go berserk over attack on campus

A section of Dhaka City College students yesterday took to the streets, vandalising around 10 vehicles and halting traffic on Mirpur road in the capital for more than an hour.

Law to be amended for speedy trial

The government is going to amend the Code of Criminal Procedure (CrPC), 1898 to make all kinds of trials speedy, said Law, Justice and Parliamentary Affairs Minister Shafique Ahmed yesterday.

CCC mayor completes second year amid unfulfilled expectations

Chittagong City Corporation (CCC) Mayor M Manjur Alam completes the second year of his five-year office term today, still struggling to address his major election commitments.

HC throws away charges against former CCC mayor

The High Court yesterday quashed the proceedings against former mayor of Chittagong City Corporation (CCC) ABM Mohiuddin Chowdhury in two separate corruption cases filed in 2003.

HC upholds 7 JMB men's life term imprisonment

The High Court yesterday upheld a Thakurgaon court's verdict that sentenced seven activists of banned Islamist militant outfit Jama'atul Mujahideen Bangladesh (JMB) to life term imprisonment in a bomb blast case.

Teachers declare one-hour work abstention today

Rajshahi University teachers under the banner “Nationalist Teachers' Forum” yesterday declared to abstain from work for one hour today demanding that the killers of BCL activist Abdullah Al Hasan Sohel be handed down exemplary punishment.

Over 6 lakh children impaired in country

Over six lakh children in Bangladesh are suffering from some sort of impairment and 60 percent of them do not get the opportunity to attend school, revealed a research yesterday.

JU teachers boycott classes, exams

Academic activities at Jahangirnagar University (JU) came to a halt yesterday after a section of the university teachers staged an all-out strike on the campus, boycotting all classes and examinations on the day.

Arrest of killers demanded

After the end of a three-day agitation on Monday, local organisations will launch fresh programmes today demanding arrest of killers of a journalist who was hacked to death on July 10 in Sylhet.

ACC pressed charges against 124 in June

The Anti-Corruption Commission (ACC) last month submitted charge sheets in 77 cases against 124 accused including 45 government officials, 20 elected public representatives and 11 businessmen.

Alternative roads to Ctg, Sylhet during Ramadan

Communications and Railways Minister Obaidul Quader yesterday said two alternative roads would be opened for Dhaka-Chittagong and Dhaka-Sylhet routes on the occasion of the month of Ramadan and the Eid-ul-Fitr.

HSC, equivalent examinations results today

The results of this year's Higher Secondary Certificate (HSC) and its equivalent examinations will be published simultaneously today.

Two hit by shotgun pellets in capital

At least two pedestrians were hit by shotgun pellets in the capital's Badda yesterday after goons hired by a housing company opened fire on people of a local influential, Bulbul, who were filling up a land with earth, said Badda police.

Reconstruction to cost Tk 6cr

Reconstruction work of burnt Murari Chand College (MC College) hostel will start soon.

Power outage for 8 hours in Ctg

Dwellers in different areas including Madarbari in Chittagong city faced power outage for eight hours yesterday.

Appeal for help

Rehman Al Jami Zawad, 5, is suffering from cancer in left knee. Doctors advised for amputation of the leg above the knee to save his life.

Bar council polls today

The election to Bangladesh Bar Council, a statutory body regulating the lawyers, will be held today.

DoE fines two brick kilns

Department of Environment (DoE) fined two illegal brickfields Tk 6 lakh for polluting the environment at Sirajdikhan in Munshiganj yesterday.

Blood donation camp to be held at Indira Gandhi Cultural Centre

Bangladesh Red Crescent Society and the High Commission of India will jointly organise a blood donation camp in the capital's Indira Gandhi Cultural Centre on July 20.

4 held, Yaba tablets seized

Rapid Action Battalion (Rab) arrested four people and seized 2,692 pieces of Yaba tablets in separate drives in Cox's Bazar and Chittagong on Monday and yesterday.

International Justice Day observed

International Justice Day was observed yesterday in the country to commemorate the adoption of the Rome Statute of the International Criminal Court (ICC) by the international communities.


Flood situation worsens as rivers swell

Flood situation in Netrakona, Lalmonirhat, Kurigram and Gaibandha districts turned grim yesterday as most of the rivers flowing through the districts marked a further rise.

Students on fresh agitation

The students of Pabna University of Science and Technology yesterday started indefinite class boycott programme to realise their eight-point demand including extension of registration validity and easing criteria for promotion to the next session.

Kids of another school join joyful events

Students from another school in Pirojpur yesterday took part in amusing interactions at the English language fair held under English in Schools (EIS) programme, a joint initiative of The Daily Star and mobile operator Robi.

Sufferings of passengers mount

The indefinite strike enforced by the bus workers here on Monday continued yesterday, much to the sufferings of the passengers and traders.

Another bullet-hit worker dies

Another bullet-hit worker of Akij Bidi Factory died yesterday, raising the death toll to three.

Man shot, another abducted

A man was shot and another was abducted at Toikorma village in Ramgarh upazila yesterday. The victims were identified as injured Jnanendra Chakma, 28 and abductee Santi Mohon Tripura, 27, of the village. Lt Col Ashrafuzzaman, commanding officer of Shindukchhari army zone, said a gang of 10/12 picked up the duo from their homes at gunpoint and asked them to tell the location of one Chilapru Marma alias Jambu of the village. As they declined, the gang opened fire on Jnanendra, leaving him injured. Separate drives are continuing to rescue Mohon, said the army official.

Three kids drown

Three children, including two siblings, drowned in a pond at Chotodap village in Atwari upazila of Panchagarh district on Monday. The deceased were Mouri Akhter, 9, Mahida Akhter, 6, daughters of Mamunur Rahman of the village and their cousin Rigdha, 4. Police said the girls went out of their homes for playing at noon and went missing. Later, locals found the bodies floating in a nearby pond at around 10:30pm.

Girl killed in wall collapse

A madrasa girl died when a wall collapsed on her at Bakabarshi village in Keshabpur upazila of the district on Monday. The victim, Laily Khatun, 15, daughter of Hazrat Ali of the village, was a class ten student at Maguradanga Dakhil Madrasa. Hazrat Ali said, a wall of their house fell on Laily at about 11:00pm, leaving her seriously injured. She was rushed to the upazila health complex where the doctors declared her dead.

Two bombs recovered

Police recovered two powerful bombs from Water Development Board (WDB) office area of the district town yesterday morning. Sub-inspector Kamruzzaman of Sadar police station, said that locals saw the bombs lying in an abandoned state in the area and informed police. A case was filed in this regard, the SI added.

3 cops suspended

Three policemen of Benapole Port police station were suspended on Monday night over snatching of a handcuffed accused from police custody. Punitive action was taken against sub-inspector Delwar Hossain, and constables Imdad Hossain and Khalid Hossain, said officer in-charge of the PS Hasan Hafizur Rahman. Criminals snatched drug trader Shahadat Hossain from Nabinagar police custody on Jessore-Benapole highway in Jhikargachha upazila while he was being taken to court in connection with a case on July 11. However, the accused was arrested the following day and sent to jail, the OC added.


Contaminated fruits: Make testing kits easily available

I am glad the fuss about contaminated fruit and vegetables is continuing. I am a passionate admirer and consumer of both in this dear country!

Ensure proper disposal of medical waste

Medical waste is highly infectious and hazardous. They may carry the germs of dreadful diseases like hepatitis B & C, and HIV/AIDS. The problem is growing with ever-increasing number of hospitals, clinics, and diagnostic centres in the major cities of Bangladesh.

Blind bikes risking lives!

Your Thakurgaon correspondent Rubayat's report and the real life photograph published in your pages says it all! With no front or rear lights, plying in the dark is quite rightly a disaster in the making! This needs to be overcome; the sooner the better. What is needed is for the vehicles to have two low-powered lights with good reflectors fitted on two sides at the top in the front, and two or three highly polished reflectors on the mid level at the back of these battery operated bikes. The back reflectors (without any bulbs) will reflect back the head lights of the vehicle that is coming behind the easy bike, and identify it. This can be a viable option, with little load on the battery, for safely driving in the dark. This option should be tried out immediately. This provision will greatly increase the safety of these vehicles, particularly at night. I believe this may become an effective solution for the problem. It needs to be given wide publicity to create awareness among the users of easy bike.

Protect forests, plant trees to mitigate climate change

Scientists estimate that existing fossil fuels (oil, gas, coal) will be in short supply by 2050 and will totally end by this century's end, unless large scale discoveries are made. Nuclear and hydro-powered electricity generation is less popular because of environmental reasons. Wind, tidal and solar power generation are the best alternatives. Of the three, solar is the best choice.

Bangladesh can play its trump card now

The government has decided to construct the Padma bridge with its own resources. It may be presumed that now they can not come out of the self-created trap. However, I have a suggestion to the government. Very often our defence strategists, civil society and political leaders say that our proposed deep sea port at Sonadia is strategically very important for this region and is also very lucrative for giant international power players for their global interest.

Clear the streets of beggars

This is in reference to the letter written by Md. Rashed Ahmed titled "Let beggar rehabilitation project work." I would like to commend Mr. Ahmed for such a well-written letter as he has highlighted an important problem of Dhaka city which requires immediate solution. Beggars literally attack the tourists visiting Bangladesh and compel them to give them (beggars) money. Thus international tourists get a very bad impression of Bangladesh. Our government has made a good decision to spend the taxpayers' money for a good cause. It is important that beggars get removed from the streets in order to uplift our image to the rest of the world.

Gone are the good old days

Prime Minister Sheikh Hasina, ministers and senior Awami League leaders are constantly reminding us that in the language movement of 1952 and in the Liberation War of 1971, the people of this country succeeded to achieve their goal and so they would be able to build the Padma bridge with their own money.

Murderer considered innocent

The other day a local television channel broadcast a news which I would like to share with the readers of this daily back at home. Here in Houston, a man was caught red-handed by his master while attempting to molest his daughter aged around 5-7. The father of the underage child became very angry witnessing the incident and beat the molester of his daughter to death.

Readers respond

Here are some comments that came in response to Tuesday's The Daily Star news report headlined “Govt is ready for donations”


Hillary issues new Iran warning

Iran's proposals in nuclear talks with world powers are unworkable, US Secretary of State Hillary Clinton said Monday, warning the US would use "all elements of its power" to prevent Tehran going nuclear.

Egypt court set to decide Morsi power

Brawls broke out in an Egyptian courtroom as judges tried to debate rulings yesterday that could either bolster the country's new Islamist President Mohamed Morsi, or undermine him in his power struggle with the military.

Pak court rejects probe result

In a setback to the prosecution of seven suspects charged with involvement in the 2008 Mumbai attacks, a Pakistani court yesterday ruled that all findings of a judicial commission that visited India were illegal and could not be made part of the evidence against the accused.

US approves HIV prevention pill

The first-ever daily pill to help prevent HIV infection was approved on Monday by US regulators for use by healthy adults who are at risk for getting the virus that causes AIDS.

Nepal bus accident kills 16

A bus swerved off a road in central Nepal before dawn on Monday and plunged into a river, killing 16 people, police said -- the latest in a string of deadly accidents on the country's highways.

Taliban shoot UN doctor in Karachi

Gunmen opened fire on a UN vehicle in Pakistan's volatile city of Karachi yesterday, wounding a foreign doctor working on a polio immunisation campaign and a local driver, officials said.

US Navy kills Indian fisherman

The US Government has officially confirmed that shots fired by a US Navy vessel had killed an Indian and injured three more off a Dubai port on Monday afternoon, said official sources in New Delhi.

Suu Kyi's first US visit since release

Myanmar's Nobel Prize-winning opposition leader Aung San Suu Kyi will travel to the United States in September on her first visit since spending years under house arrest, a think-tank yesterday said.

N Korea names new army chief

North Korea has named a new army vice marshal, state media said yesterday, a day after it announced the communist country's army chief had been relieved of all his posts.

Tibetan 'self-immolates' in China

A teenage Tibetan Buddhist monk set himself on fire in southwest China yesterday, the exiled Tibetan government said, the latest in a series of self-immolation protests against Chinese rule.

US suffers worst drought in 56 yrs

The United States is experiencing its widest-spread drought in 56 years, according to a release by the nation's meteorological agency Monday.

Japan warily eyes typhoon

Flood-battered southwestern Japan yesterday braced for a typhoon amid fears it could heap further misery on an area where at least 32 people are dead or missing after record rainfall.

Arts & Entertainment

A tribute to artist Fokhrul Islam

As part of its tribute to the late artist Mohammad Fokhrul Islam, a solo painting exhibition titled “Shadows and Light” is now on at Alliance Française de Dhaka.

Coin and currency exhibition at National Museum

Bengal's history is reflected in the coins and currency notes which were developed and issued over the centuries. To commemorate this evolving history of coins and currency notes in Bengal, Bangladesh National Museum, Bangladesh Bank and HSBC have organised “Abohoman Banglar Mudra O Kagoji Note Prodorshoni”, from July 9-20 at the Nalinikanto Bhottoshali Gallery at the National Museum, says a press release.

A new cause for Aamir Khan

When it comes to espousing social causes, super star Aamir Khan has few parallels in Bollywood.

Stars pay tribute to Deep Purple's Jon Lord

Stars from the world of music and beyond have paid tribute to Jon Lord, former keyboard player with heavy rock band Deep Purple, who died on Monday.

Golden jubilee of “Eksho Bosta Chal”, “Shylock and Sycophants”

Bangladesh Shilpakala Academy's award-winning samurai play “Eksho Bosta Chal” as well as Theatrewala Repertory production “Shylock and Sycophants” are about to have their 50th shows. The landmark show of “Eksho Bosta Chal” will be staged this evening at the National Theatre Hall of Bangladesh Shilpakala Academy, while “Shylock and Sycophants” will touch the important milestone tomorrow at the Experimental Theatre Hall of the academy.

Nurjahan-Alokito Eid Fashion competition in Chittagong

Monday evening was somewhat out of the ordinary for fashion enthusiasts of the port city as they had the opportunity to enjoy an event, “Nurjahan-Alokito Eid Fashion Competition 2012”, organised by the national Bangla daily Prothom Alo, at the Institution of Engineers, Chittagong.


The world's rainbow man

Urbanity drips from Nelson Mandela. The kind of decency you would expect from a great man but do not usually come by is something which comes to him naturally. He rises from his chair every time a visitor, no matter how important or how insignificant he or she might be, walks into the room for an audience with him. It does not matter that his aides keep telling him he does not have to be on his feet all the time. Like all men of substance, Mandela knows that every individual deserves respect. And he respects everyone.

How foreign is foreign?

What does "foreign" mean? What exactly is foreign about a foreign country? The instant answer is "distant," but distance is deceptive. The Indian middle-class is far closer to America than it is to Pakistan. It takes less time to reach Tashkent from Delhi than it does to arrive in Trivandrum, but we know which one is the foreign city.

Indo-Bangladesh Framework Agreement

The prime ministers of Bangladesh and India signed the "Framework Agreement on Cooperation and Development" on September 6 last year. It appears that the Agreement has not received the examination that it deserves although the accord covers cooperation with India in almost all matters and ushers in a new phase of Indo-Bangladesh relations.

Architect Mazharul Islam: The last modernist

The once indomitable architect Mazharul Islam passed away quietly around midnight of July 14, ending a life-time of pioneering and establishing modern architecture in Bangladesh. As the body of the architect was taken to the Art College, friends, former disciples, admirers, even one time detractors, and quite a few people who know little about this legendary man gathered there to say goodbye to the last modernist.

Stock market crisis: Impact on the economy

Capital markets such as the Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) have multiple roles in a nation's economy. They provide avenues for investment and capital acquisition and can provide an indication of overall economic condition. There are several functions of a stock market, but the main function is economic function. Stock markets also provide facility for transfer of capital from investors to users of capital. They allow corporations looking to expand to raise capital from investors in the primary market and facilitate trade between buyers and sellers of stock in the secondary market.

This Day In History

July 18

Roman-Persian Wars: Emperor Julian arrives at Antioch with a Roman expeditionary force (60,000 men) and stays there for nine months to launch a campaign against the Persian Empire.

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