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
INDIA
Lawyer says justice Karnan in Chennai, moves SC seeking recall of 6-month jail term order NEW DELHI (TIP): The Supreme Court agreed on Thursday to consider hearing a petition by Calcutta high court justice CS Karnan seeking a review of his conviction and […]
Europe
Strike Over War Crimes Trials Hits Bangladesh, 6 Killed
DHAKA (TIP): Violence grippedBangladesh on Thrusday asactivists of the fundamentalistJamaat-e-Islami clashed withpolice, leaving six people,including a constable, dead andseveral others injured, during anationwide strike called to protestthe 1971 war crimes trials.The nationwide general strikewas enforced […]
South Asia
20 killed in bus accident in northwest Pakistan
Peshawar (TIP): Twenty people were killed when a passenger bus skidded off a mountainous terrain and plunged into a ravine in northwest Pakistan on May 3, authorities said. The incident occurred on the Karakoram Highway […]
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