Muhammad Jawad

Central banks in Australia, Britain, and Sweden will meet to discuss the US Federal Reserve's rate cut leeway following a jobs report showing slowing wage growth and hiring. The report indicates a solid but slowing labor market, which is what Federal Reserve officials have been hoping to see.

Researchers at the University of Michigan Medical School have identified the key mechanisms by which E. coli bacteria cause urinary tract infections in healthy individuals. The study found that E. coli uses specialized transport systems to rapidly import nutrients from the host, allowing them to multiply quickly.

Japanese Foreign Minister Yoko Kamikawa visited Sri Lanka to discuss debt restructuring and economic recovery, emphasizing its importance for regional stability. Sri Lanka aims to conclude its debt restructuring process in time for the next IMF tranche, with Japan providing crucial support.

Bangladesh Foreign Minister Dr. Hasan Mahmud met with Palestine's UN observer Riyad Mansour, emphasizing Muslim unity to resolve the Palestinian crisis. Mahmud assured Mansour of Bangladesh's continued support for Palestine in international forums.

Bangladesh's CID busted an 11-member racket, including bank officials and a NID employee, for swindling Tk50 crore from flat owners through forged documents and loan fraud. The racket, led by Joynal Abedin Idris, used fake papers to secure multiple loans against the same property.

Bangladesh's insurance penetration ratio remains low at 0.46%, with a declining claim settlement ratio, due to various factors including undue competition and anomalies. Bangladesh Bank has introduced Bancassurance Guidelines to increase insurance penetration and outreach of banking and insurance services.

The Interstate Aviation Committee has completed its final report on the 2019 Aeroflot Sukhoi Superjet 100 crash that killed 41 people. The report will be sent to foreign parties for review before publication, informing safety improvements and potentially preventing similar incidents.

Immigrant workers made up a record 18.6% of the US workforce in 2023, contributing to GDP growth. The influx of immigrant workers is projected to add $7 trillion to GDP over the next decade, according to the Congressional Budget Office.

Election Commissioner Rashida Sultana warned against government-backed influential figures exerting pressure in upcoming upazila elections. She emphasized the importance of free and fair elections, threatening action against those who disrupt the process.

Bangladesh Finance Minister Abul Hassan Mahmood Ali emphasized the importance of trust and confidence among South Asian countries to facilitate cross-border energy trade and attract international finance. He presented Bangladesh's vision for a clean and green energy transition at the Asian Development Bank Annual Meeting 2024 in Tbilisi.