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Bangladesh Breaking News

Bangladesh’s Interim Government Faces Backlash Amid Rising Worker Protests and Economic Demands

Dhaka, November 12, 2024 — Bangladesh’s interim government, led by Nobel laureate Muhammad Yunus, is facing increasing challenges as large-scale protests from various social sectors, particularly among rural electrification workers and garment employees, gain momentum. This backlash comes amid concerns within the government over the potential resurgence of influence from the recently ousted Awami League […]

Bangladesh Breaking News

Bangladesh Under Pressure as Indian Energy Giants Demand Payment, High Court Launches Review of Power Contracts

Amid mounting debts to Indian energy companies, Bangladesh faces increasing pressure to clear overdue payments to Adani Power and suppliers, fueling tensions as Dhaka grapples with its tight foreign reserve situation. In a recent move,  Bangladesh Power Development Board (BPDB) issued a $173 million Letter of Credit (LC) to Adani Power, responding to the company’s

Breaking

Israel Confirms Role in Beirut Pager Explosions Amid Rising Tensions with Hezbollah

In a significant admission, Israel has confirmed that it was behind a large-scale operation in Lebanon in September that targeted Hezbollah by detonating explosives hidden in pagers. The operation resulted in widespread destruction, killing dozens and injuring thousands across Lebanon. Israeli Prime Minister Benjamin Netanyahu acknowledged Israel’s involvement in the so-called “pager operation” during a

Breaking

Haitian Prime Minister Garry Conille Ousted by Ruling Council Amid Escalating Security Crisis

Haitian Prime Minister Garry Conille has been dismissed by the country’s transitional ruling council, a move he has condemned as illegal and unconstitutional. The executive order, signed by eight of nine members of Haiti’s Transitional Presidential Council (TPC), appoints businessman and former Senate candidate Alix Didier Fils-Aimé as Conille’s replacement. Conille, who assumed office less

Breaking

Tragic Suicide Bombing at Pakistan Train Station Claims 25 Lives; Separatist Group Claims Responsibility

A suicide bombing at a crowded train station in Quetta, the capital city of Pakistan’s restive Balochistan province, has killed at least 25 people and injured 53 ors, according to local authorities. The deadly attack, which struck at city’s main railway station around 9 a.m., comes amid rising tensions and a series of violent incidents

Breaking

Antisemitic Violence in Amsterdam: Israeli Soccer Fans Attacked After Europa League Match

Introduction A disturbing wave of violence broke out in Amsterdam on Thursday as mobs attacked Israeli soccer fans following a Europa League game between Maccabi Tel Aviv and Ajax. Assaults, which included men on scooters pursuing fans through streets, left five people hospitalized and prompted authorities to arrest dozens. Amsterdam’s Mayor Femke Halsema described  incidents as

Breaking

German Chancellor Olaf Scholz Faces Crisis as Coalition Collapses, Governing with Minority

In a political shock for Germany, Chancellor Olaf Scholz announced on Thursday he would lead a minority government following the collapse of his coalition. The move follows Scholz’s firing of Finance Minister Christian Lindner of pro-business Free Democrats (FDP), signaling deep fractures within a coalition that once promised a balanced economic vision for the country. 

Business

Federal Reserve Chair Powell’s Statements on Fiscal Policy and Economic Concerns

Fiscal Sustainability Concerns  Federal Reserve Chair Jerome Powell highlighted concerns about the U.S. fiscal path, deeming it “unsustainable” due to high federal debt levels relative to the economy, alongside a large federal deficit. Powell pointed to a strong job market and urged the government to address fiscal challenges, warning that unchecked debt levels could ultimately

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Breaking

Trump’s Victory Forces Iran to Brace for Renewed Sanctions and Economic Turmoil

Following the election of Donald Trump as the next U.S. president, Iran finds itself facing an unexpected turn in its geopolitical landscape, with a new administration likely to reintroduce strict sanctions that once brought the country’s economy to the brink. Tehran, which had reportedly supported Vice President Kamala Harris’s campaign to avert Trump’s return, now

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