Fact-checking platform BanglaFact, operated by the Press Institute of Bangladesh (PIB), has identified that an old report on resignation of Professor Dr Muhammad Yunus from Grameen Bank in 2011 is being circulated on social media platforms as resignation from the post of chief adviser of the interim government. BanglaFact’s investigation found that a link of a report titled “Prof Yunus resigns” published in the mainstream media ‘The Daily Star’ is being circulated on the social media platform Facebook since Thursday afternoon. In fact, the fact-check and media research team of BanglaFact identified that the Daily Star published the report on…
Author: diplomaticjourna_diplomaticjourna
Environment, Forest and Climate Change Syeda Rizwana Hasan has said the interim government is performing three hard responsibilities – reforms, justice and elections. “Our responsibilities are broadly three, and all three are very difficult. One responsibility is reform, one is dispensing justice, and other is election,” she told reporters after attending a function in the capital here today. “Our responsibility is a national one. We said we have taken the responsibility, not power. It will be possible for us to perform it only when we all get cooperation from all,” she said. She said Chief Adviser Professor Muhammad Yunus has…
The government has issued gazette of the Cyber Security Ordinance, 2025, to identify, prevent, suppress, and subsequently to try the crimes committed in cyberspace for ensuring cyber security. Confirming the matter to BSS, Law, Justice and Parliamentary Affairs Ministry spokesperson Dr Md Rezaul Karim said the gazette was issued on May 21, and the ordinance will come into effect immediately. Earlier on May 6, Law Adviser Dr Asif Nazrul said the ordinance will be announced within the week after vetting by the ministry of law affairs. The 32-page gazette said the President is formulating and issuing the ordinance as provisions…
BNP Secretary General Mirza Fakhrul Islam Alamgir today described the High Court decision on Dhaka South City Corporation (DSCC) mayoral election of Ishraque Hossain as a victory of the people. “The people have won in this decision. This is undoubtedly another victory for democracy. When the mayoral election was held, the fascist Awami League government forcibly snatched away the result,” Fakhrul, who is now in Bangkok, told journalists on virtual platform. The HC today summarily rejected a writ petition that challenged the Dhaka First Joint District Judge and Election Tribunal’s verdict declaring BNP leader Ishraque Hossain as DSCC mayor. The…
LGRD adviser Asif Mahmud Shojib Bhuiyan has said the restrictions imposed by India on import of some commodities from Bangladesh through land ports would create new opportunities to become self dependent. “The Indian restrictions however will cause some temporary loss for businessmen, but to long extent we think it will create an opportunity for Bangladesh to become self reliant”, he said. The adviser made this comment while replying to a query of a journalist following a youth rally at National Youth Institute in Savar yesterday, a Facebook post of the adviser today said. Regarding the temporary loss of the businessmen…
Asian equities sank and Treasuries remained under pressure following sharp losses on Wall Street fuelled by US economy fears as Donald Trump tries to push through fresh tax cuts that could balloon the already huge deficit. A weak auction of 20-year US government debt flashed a warning sign that the bond market was worried about the country’s finances, days after Moody’s lowered its top-tier credit rating. The news brought an end to a healthy run-up in recent weeks that was stoked by the China-US tariff detente and signs of progress between the United States and other countries on trade. Bond…
Bitcoin hit a record high on Wednesday, driven by a wave of optimism over cryptocurrency legislation in the United States. The world’s most popular cryptocurrency surged to an all-time peak of $109,499.76, surpassing its previous high set on January 20 when Donald Trump was sworn in as US president. Bitcoin gained after US policymakers showed greater bipartisan support for a cryptocurrency bill on the regulation of so-called stablecoins, digital coins whose value is tied to the dollar, according to analysts. This has sparked fresh hopes for regulatory clarity in the sector, including for Bitcoin which is not directly linked to…
President Donald Trump said Wednesday he was considering selling off US mortgage-backing giants Fannie Mae and Freddie Mac almost two decades after they were brought under government control during a global financial crisis. The move, if confirmed, could resolve an issue that has dogged administrations as far back as Barack Obama’s, offering possible dividends for investors, but risking driving up borrowing rates for homebuyers. “I am giving very serious consideration to bringing Fannie Mae and Freddie Mac public,” Trump wrote on his Truth Social website. “I will be speaking with Treasury Secretary Scott Bessent, Secretary of Commerce Howard Lutnick, and…
Commerce Adviser Sk. Bashir Uddin today said that the government would extend support in preserving the rawhides of the sacrificial animals during the upcoming Holy Eid-ul-Azha until a fair price is ensured. “The orphans have the rights on the rawhides of the sacrificial animals and we held high-level meeting to ensure its fair price. We’ve decided to provide 30,000 metric tons of salt to the Madrasahs and orphanages to preserve the rawhides until they can have fair prices,” he said. The Commerce Adviser said this while briefing reporters after the first meeting on ensuring proper management on Qurbani related matters…
Several nations that have backed Israel voiced outrage Wednesday after Israeli troops fired what they called “warning shots” as foreign diplomats visited the occupied West Bank. The Palestinian Authority accused troops of “deliberately” shooting at the delegation near the flashpoint city of Jenin. The Israeli military, already under pressure over its tactics in the Gaza war, said it regretted the “inconvenience”. AFP footage from Jenin — a frequent target of Israeli military raids — showed the delegation and accompanying journalists running for cover as shots were heard. A European diplomat said the envoys went to the area to see the…