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)
India
A PICTORIAL HISTORY OF INDEPENDENT INDIA
A chronology of key events India has been home to several ancient civilisations and empires, some dating back to more than 2,000 BC. Culture and religions have flourished over the millennia, and foreign influence has […]
South Asia
Bangladesh launches massive evacuation as cyclone Remal approaches from Bay of Bengal
Dhaka (TIP): Bangladesh on May 27 launched an intensified evacuation campaign in vulnerable areas as it prepares for severe cyclonic storm ‘Remal’ forecast to make landfall by evening or midnight with a potential high tidal […]
Europe
3rd Jamaat Leader To Hang For War Crimes
DHAKA (TIP): Bangladesh battled a fresh outbreak of street violence on Thursday after senior Jamaat-e-Islami leader Mohammad Kamaruzzaman was sentenced to death for mass murder and crimes against humanity during the 1971 liberation war. Clashes […]
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