Prices for gas, food and rent are soaring. The Federal Reserve has raised interest rates to the highest level since 2018. The U.S. economy has shrunk for two straight quarters.Economists are divided over whether a recession is looming. What’s clear is …
Night isn’t referred to as bedtime for all. People enjoy it in their own way. Families use this time together and have some fun while friends share their hearts over delicious food and drinks. But it’s a time of magic for creative persons. It inspires…
Oil companies swam in record profits over the last few months at a time when Americans struggled to pay for gasoline, food and other basic necessities.On Friday, Exxon Mobil booked an unprecedented $17.85 billion profit for the second quarter and Chevr…
Inflation surged in June and workers’ average wages accelerated in the spring — signs that Americans won’t likely feel any relief from rising prices anytime soon and that the Federal Reserve will feel compelled to further raise borrowing costs.An infla…
Bangladesh recorded another Covid-19-linked death with 355 new cases in 24 hours till Friday morning.With the latest figures, the country’s total fatalities reached 29,285 while the caseload 2,004,543, according to the Directorate General of Health Ser…
Amid discussions about a Sri Lanka-type abyss in Bangladesh, the Awami League (AL) has come up with a comparative analysis of inflation in different countries, showing how it managed to deal with it in the wake of the ongoing Russia-Ukraine war.The par…
The Biden administration said Friday it has reached an agreement with Moderna to buy 66 million doses of the company’s next generation of COVID-19 vaccine that targets the highly transmissible omicron variant, enough supply this winter for all who want…
Chinese Foreign Minister Wang Yi is likely to visit Bangladesh first week of next month to discuss ways to further strengthening Dhaka-Beijing bilateral relations, official sources said on Friday.The visit is scheduled for August 6-7, said the official…
Accusing the Awami League government of ruining the country’s economy through widespread corruption and plundering, BNP on Friday warned that the foreign exchange reserves also may get depleted in the days to come after power and energy crisis.“The bel…
Due to different barriers to free movement of tigers in the Sundarbans, inbreeding occurs among a small population – compromising the genetic diversity of these big cats which eventually results in diseased and weak cubs. Chief conservator of Forest D…
Reductive though it may be, the most commonly-used indicator of a country’s ‘reserve adequacy’ is reserves in months of imports, aka the reserve import cover (RIC). It measures the number of months of imports that can be paid for with the foreign excha…
Holy Ashura, commemorating the martyrdom of Hazrat Imam Hussain (RA), will be observed in the country on August 9 as the Muharram moon was not sighted in the Bangladesh sky on Friday.The decision was taken at a meeting of the National Moon Sighting Com…
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