WASHINGTON (TIP): IMF staff and Bangladesh have reached an agreement to unlock close to $1.2 billion in financing as the South Asian country grapples with declining foreign exchange reserves, the Washington-based institution said May 08. Following two weeks of talks in the capital, Dhaka, the International Monetary Fund said a “staff-level agreement” had been reached to pay out the latest portion of three ongoing programs — subject to board approval. (AFP)
Asia
Bangladesh court grants bail to former ISKCON leader Chinmoy Das in case related to defaming national flag
DHAKA (TIP): A bench of Bangladesh High Court on Wednesday ordered release of former ISKCON leader Chinmoy Krishna Das on bail, five months after he was arrested on a charge of defaming the country’s national […]
Other News
New hope for Harbhajan’s flickering career
NEW DELHI (TIP): When Harbhajan Singh was included in the Indian team for the one-off Test against Bangladesh in June, national selector Sandeep Patil had stated that they felt a second offspinner was needed considering the […]
Featured
China’s Ocean Hegemony and Implications for India
The fifth generation of CCP leadership under Xi Jinping has de facto abandoned the Deng doctrine of keeping low profile internationally. China has become more ambitious of becoming a superpower and has been extending its sovereignty […]
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