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Economy

Massive boost for eurozone unveiled

The European Central Bank (ECB) says it will inject at least €1.1 trillion into the ailing eurozone economy, BBC reports.  The ECB will buy bonds worth €60bn per month until the end of September 2016 and possibly longer, in what ...

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Gold to soar

The rise in price comes after dropping on three occasions recently Bangladeshis will have to pay more for the glitter., report agencies. After dropping thrice recently, the price of gold has risen by Tk 1,500 per bhori (11.664 grammes). The ...

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Saudis to resume hiring manpower from BD

Saudi Arabia will lift a six-year ban to resume hiring workers from Bangladesh, its labour minister has said,reports news agency. Adel Fakeih made the announcement after an hour-long meeting with Expatriates’ Welfare and Overseas Employment Khandker Mosharraf Hossain on Wednesday, ...

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IMF downgrades global growth forecast

The International Monetary Fund (IMF) has lowered its forecast for global economic growth for this year and next, reports BBC.  The IMF now expects growth of 3.5 percent this year, compared with the previous estimate of 3.8 percent which it ...

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Half global wealth held by the 1%

Oxfam warns of widening inequality gap, days ahead of Davos economic summit in Switzerland Billionaires and politicians gathering in Switzerland this week will come under pressure to tackle rising inequality after a study found that – on current trends – ...

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BB extends green finance scheme

Bangladesh Bank (BB) on Sunday extended its green financing scheme, with inclusion of two more sectors to get low-interest loans for green initiatives, reports BSS. The central bank in a circular directed all banks and financial institutions to offer easy ...

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