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Economy

New York protesters demand $15 minimum wage

NEW YORK – Thousands of demonstrators, including many fast-food workers, protested in New York on Wednesday demanding a minimum wage of $15 an hour to escape poverty in America’s largest city, reports AFP. Fast-food workers held strikes in more than ...

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GDP growth 6.5pc in nine months

WT24 Desk Bangladesh in the first nine months (July-March) of the current 2014-15 fiscal registered 6.5 per cent GDP (Gross domestic product) growth. “The rate of GDP growth stood at 6.5 per cent in nine months, but it would be ...

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IMF sees solid global economic outlook

The International Monetary Fund highlighted an increasing divergence in the growth paths of the world’s major economies this year, as a pick-up in the euro zone and India is expected to be offset by diminished prospects in other key emerging ...

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Oil prices rebound; gold firms

LONDON – Oil prices rebounded and gold firmed this week as markets reacted to geopolitical concerns and the outlook for interest rates in the United States, AFP reports. A strong dollar meanwhile capped gains for certain commodities priced in the ...

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Flow of remittances picked up in March

After a slight fall in February, the inflow of remittances picked up again as the expatriate Bangladeshis sent home US$1,332.40 million in March, which is 12 percent or $142.80 million higher than the month of February this year, BSS reports.  ...

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