political-turmoil-reason-behind-economic-slowdown-in-bangladesh

Political turmoil reason behind economic slowdown in Bangladesh

Dhaka, May 1 (ANI): Experts blamed political unrest and uncertainty surrounding elections held in January for economic slowdown in Bangladesh. As predicted by International Monetary Fund (IMF), Gross Domestic Product (GDP) of Bangladesh this year is to be a little over five percent, lower than the six percent GDP last year. Apart from the political instability, investment stagnation and reduced remittance inflows are also quoted as major cause of slowdown. As per Bangladesh Bank, remittance flow has dipped by seven percent in the initial eight months of this fiscal year. The country went through a period of nationwide protests and turbulence during the elections that took place on January 05, 2014. But one of the blows that the youth faces due to the slowdown is the growing unemployment. Executive Chairman of PPRC, Hossain Zillur Rahman said Bangladesh cannot expect a vibrant economy below eight percent GDP. Therefore, to recover from the slowdown and battle chronic poverty, country's government needs to encourage investment and develop business confidence among other solutions. May 1, 2014
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Congress refers to World Bank report, hits back at BJP

New Delhi, May 01 (ANI): Congress hit back at main opposition Bharatiya Janata Party BJP, citing the World Bank report which enlisted India as third biggest economy in the world. According to a report released by World Bank on April 29, India displaced Japan to clinch the position of world’s third biggest economy in terms of purchasing power parity. Targeting BJP’s prime ministerial candidate Narendra Modi for his sharp attacks on Congress party and alleging weak economic policies and development fallouts during its terms, Congress leadership retorted back saying the World Bank report is an ‘answer’ to them. He added that party is not anticipating incumbency threat to Prime Minister Manmohan Singh and clarified that he has attended maximum number of election campaigns. Ahmad reaffirmed that India has achieved the feat because of Singh’s efforts. May 1, 2014

Nina Agdal Goes Topless on Instagram, Reveals Sexy Back and Sculpted Biceps

Nina Agdal, the Sports Illustrated cover model took to Instagram to shows her sculpted body. Agdal posed topless while showing her back to the camera. Her hair was tied neatly in a bun as she flaunted her back muscles and biceps. Agdal captioned her picture as "#progress skinny doesn't mean weak." Apr 24, 2014

Supreme Court Asks Govt to Reveal List of Indian Account Holders in German Bank

The Supreme Court on 22 April lashed out at the Union government for not providing it with the list of Indian account holders in Liechtenstein Bank, Germany. It is believed that several individuals from India are stashing their black money in the bank. The Bharatiya Janata Party (BJP) has vowed to bring back the black money of tax evading Indians from the foreign banks to utilise the same for welfare programmes. Apr 23, 2014
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Palestinians renew unity bid as Israel talks stall

The Palestinians have relaunched efforts to reconcile their rival leaderships in the West Bank and Gaza Strip as US-brokered peace talks with Israel teeter on the edge of collapse. Duration: 00:53 Apr 23, 2014