Tuesday 20 May 2025
           
Tuesday 20 May 2025
       
International
US President Trump finally halts India-Pakistan war
US President Donald Trump said yesterday that India and Pakistan agreed to a “full and immediate ceasefire” after a fourth day of strikes and counter-strikes against each other’s military installations.Pakistan’s foreign minister also said both countries had agreed to a ceasefire “with immediate effect” and India’s foreign ministry said it would start at 5pm Indian ...more
Gold prices plunge amid Trump’s trade
Gold, traditionally considered one of the safest investments during times of economic uncertainty and geopolitical tension, has taken a sharp downturn both in global and domestic markets. This latest slump is driven by a series of market-calming statements from U.S. President Donald Trump, combined with economic indicators pointing toward renewed investor confidence in riskier assets.As of ...more
Ukraine, US sign minerals deal, tying Trump to Kyiv
The United States and Ukraine on Wednesday signed a minerals deal after a two-month delay, in what President Donald Trump's administration called a new form of US commitment to Kyiv after the end of military aid.Ukraine said it secured key interests after protracted negotiations, including full sovereignty over its own rare earths, which are vital ...more
Urgent SAARC dialogue needed to ensure stability in South Asia
A renewed dialogue among SAARC leaders must begin immediately to foster peace, stability, and mutual cooperation across South Asia, speakers urged at an international conference held at Apex University in Jaipur, Rajasthan, on Saturday.They emphasised that the SAARC Journalists Forum — an organisation comprising journalists from the SAARC nations — can play a crucial role ...more
1,000 RMG factories at stake from Trump tariffs
Bangladesh’s ready-made garment (RMG) sector is facing mounting fears that around 1,000 garment factories could be severely impacted by the 37 percent tariff on exports to the US market. Industry leaders have raised concerns that if the tariff is not completely withdrawn, the sector could be burdened with an average $250 million in tariffs every ...more
Paul Krugman criticizes US tariffs on Bangladesh
Nobel laureate and renowned American economist Paul Krugman has strongly criticized the US’s decision to impose high tariffs on Bangladeshi clothing. In an interview with The New York Times, Krugman argued that such a move would disrupt the lives of American consumers, without necessarily achieving the goals that the Trump administration claims it will. According ...more
US 37pc tariff on Bangladeshi products: What to do now?
Recently, US President Donald Trump imposed tariffs ranging from a maximum of 49 percent to a minimum of 10 percent on various countries. In that case, another 37 percent has been added to the previous 15.5 percent on Bangladeshi products. On the other hand, the tariffs imposed on China, India, Pakistan, Vietnam, Sri Lanka and ...more
Additional pressure of Umrah pilgrims forces Saudi govt to suspend issuance of visa
Though a rumour spread online and offline a few days back that the government of Saudi Arabia had not been issuing Umrah visas for Bangladeshi pilgrims due to a worsening relation between the country, the reality is that the accommodation crisis in the two holy cities-Makkah and Madina, the Middle-East county forced the authority to ...more
US sanctions Thai officials over Uyghur deportation to China
On Friday, the U.S. State Department imposed sanctions on an unspecified number of current and former Thai officials for their involvement in the deportation of at least 40 Uyghur men to China, despite concerns that they could face imprisonment or even death.Secretary of State Marco Rubio announced the immediate imposition of visa restrictions on those ...more
Guterres arrives Dhaka today on four-day visit
United Nations Secretary-General António Guterres is set to arrive in Dhaka tomorrow afternoon on a four-day official visit at the invitation of Chief Adviser Professor Dr Muhammad Yunus.An Emirates flight (EK-586) carrying Guterres will be landed at Hazrat Shahjalal International Airport (HSIA) at 5:00 pm tomorrow, official sources said here yesterday. Upon arrival, he will be received ...more
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