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)
Indian Americans
Indian American NY lawyer shortlisted for TrustLaw Award
Indian American attorney Richa Naujoks nee Gautam has been shortlisted for Thomson Reuters Foundation’s TrustLaw Lawyer of the Year award. Celebrating groundbreaking pro bono projects undertaken by legal teams with NGOs and social enterprises around […]
Asia
Sri Lanka arrests Rajapaksa ex-minister for alleged corruption
COLOMBO (TIP): Sri Lanka’s anti-corruption authorities arrested a member of the once-powerful Rajapaksa family on Wednesday, accusing him of illegally claiming reparations for property loss when his presidential uncle was toppled three years ago. The […]
Europe
Jamaat Leader Held For Inciting Anti-Hindus Attacks In Bangladesh
DHAKA (TIP): Bangladesh police on Thursday arrested a sub-district chairman and local leader of fundamentalist Jamaat-e-Islami (JI) for inciting attacks on Hindus and temples in southeastern Chittagong as minorities appeared to be targets of past […]
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