Tag: US sanctions
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Joe Biden imposes sanctions on 500 Russian targets over attack on Ukraine
“They will ensure that Putin pays an even greater price for his aggression abroad and repression at home,” Biden said in a statement. “We are also imposing new export sanctions on approximately 100 entities that provide backdoor support for Russia's war machine,” he said. The United States and its allies have taken a number of…
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Biden’s letter: feelings of ease and unease
There are some repetitions in President Biden’s letter. Besides, it also mentions the establishment of an independent and open Indo-Pacific region. “The United States is committed to supporting Bangladesh’s ambitious economic goals and partnering with Bangladesh on our shared vision for a free and open Indo-Pacific,” Biden wrote. President Biden also wrote, “As we begin…
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US, Britain attack dozens of Houthi positions in Yemen
Britain’s Defense Ministry said Royal Air Force Typhoon warplanes attacked targets including two ground control stations used to operate both attack and reconnaissance drones. U.S. forces launched separate strikes earlier Saturday against six Houthi anti-ship missiles that were “ready to launch against ships in the Red Sea,” Central Command (CENTCOM) said. The military command also…
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Bangladesh’s dried fish exports to earn Tk 280 million in first half of FY2024: EPB report
Recent years have seen an increase in the prices of raw fish, leading to an increase in the price of dried fish. Traders and exporters said rising prices also affect dry fish exports. Traders of Asadganj said that many fishermen have given up fishing and started doing other work. Moreover, traders believe that selling of…
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Challenges ahead for Bangladesh’s new foreign minister: Navigating US relations and diplomatic landscape
Whenever any human rights organization like Amnesty International, Transparency International or Human Rights Watch makes allegations of extrajudicial killings, indiscriminate arrests, media silencing or lack of justice, the government rejects such allegations and denies any conspiracy. Puts it. They accuse the organizations concerned of being biased. This is hardly effective. The international community considers the…
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Sheikh Hasina is not afraid of sanction from across the Atlantic: Quader
Sheikh Hasina is not afraid of sanction from across the Atlantic: Quader
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China dominates solar energy sector: Cost advantage over US and EU revealed
The US and Europe can no longer compete with China as the cost of solar module production there is set to fall 42 percent to $0.15 (€0.14) per watt in 2023. This gives Chinese manufacturers a huge cost advantage over international rivals, according to a New Horizons report from consultancy Wood Mackenzie. In 2023, China’s…
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Bangladesh Foreign Secretary confident of fair elections, not worried about possible sanctions
Foreign Secretary Masud bin Momen expressed confidence that Bangladesh’s national elections on January 7 will be held in a fair and festive atmosphere. He assured that there is no need to worry or fear about possible sanctions after the elections, and if any sanctions arise, Bangladesh will face them. These statements were made during an…
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Government Famine Fears: Political Maneuvering or Impending Crisis?
He also mentioned in his research that the crisis was further aggravated when the US stopped its food aid to Bangladesh as a punishment for starting trade with Cuba. There is no example of any opposition political party being responsible for famine in a democratic system of governance. When political conflict turns into violence, it…
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US urges protection of Gaza civilians amid Israeli attacks
Israel launched its military operation in Gaza in retaliation for an offensive by Hamas, the Iran-backed group that rules Gaza, whose fighters killed 1,200 Israelis and seized 240 hostages in a cross-border attack on October 7. Israeli forces have encircled the coastal strip and destroyed much of it, leaving nearly 19,000 people confirmed dead, and…
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US sanctions and Bangladesh’s labor rights: Business leaders speak at Dhaka seminar
Somewhat echoing the voice of factory owners on labor rights issues, Amirul Haq, president of labor coalition body Industrial Bangladesh Council (IBC), said there have been several talks on restrictions recently. “However, we want to make it clear that the country is not in such a bad position to face sanctions. Labor standards have improved…
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Russian ambassador accuses western countries of interfering in internal affairs of Bangladesh
Meanwhile, Bangladesh has signed an agreement with Russia for satellite launch. Recently, during the visit of French President Emmanuel Macron to Bangladesh, an announcement was made to purchase satellite from France. Due to which a situation of confusion has arisen. When asked about the matter, Russian Ambassador Alexander Mannitsky said, “Discussions regarding technical issues of…
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American apparel company sets condition of not buying apparel if Bangladesh is banned
Confirming the matter, Bangladesh Garment Manufacturers and Exporters Association (BGMEA) president Farooq Hasan told Prothom Alo on Wednesday that a buyer organization has included a general condition in its LC. It said that if Bangladesh faces any sanctions then they will not get any products. He further said that the company also clarified that even…
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Government and business leaders discuss addressing weaknesses in labor rights at Commerce Ministry meeting
Businessmen who attended the meeting said that currently, trade union registration requires signatures of 20 per cent of workers, and an initiative has been taken to reduce this requirement. Under the proposed amendment to the Bangladesh Labor (Amendment) Bill-2023, if the total number of workers in an organization is up to 3,000, 20 percent should…
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Bangladesh labor rights: Commerce ministry says no restrictions imposed yet
In its assessment report on the Generalized Preferences Plan (GSP) covering the period 2020-2022, the EU said in November that Bangladesh had made some progress on labor rights, but that authorities still needed to implement their commitments on these rights. Speed should be increased. The commerce ministry said a new minimum wage in the readymade…