crisis

DHAKA - Bangladesh is grappling with a dollar shortage amid the ongoing global economic challenges, with its foreign exchange reserves dipping to $19.6 billion. The country's reserves, which are sufficient to cover just over three…

© Reuters. LONDON - Premier Foods, the company behind popular brands such as Bird's, Bisto, and Mr Kipling, is forecasting a 10% increase in trading profit for the fiscal year 2023-24, surpassing analysts' expectations even as…

© Reuters Bangladesh's central bank has reaffirmed its stance on maintaining a fixed exchange rate for the US dollar, as part of its ongoing efforts to stabilize the local currency and manage the dollar crisis that has intensified…

© Reuters The Bangladeshi Taka continues to depreciate against the US dollar, leading to heightened financial strain for businesses and economic repercussions. Today, the interbank exchange rate stands at Taka 111 per dollar, with…

Over two weeks have passed since the outbreak of the war, and agriculture in the northern Israel is now taking a hit after the severe damage to farms and agriculture in the Gaza border area. Many fields, groves and…

© Reuters. FILE PHOTO: Workers load ballot boxes and voting material into a truck, ahead of the presidential election, in Buenos Aires, Argentina October 21, 2023. REUTERS/Mariana Nedelcu/File Photo By Nicolás Misculin and Jorge Otaola…

Republicans dropped Rep. Jim Jordan on Friday as their nominee for House speaker, making the decision during a closed-door session after the hard-edged ally of Donald Trump failed badly on a third ballot for the gavel. Afterward, Jordan…

Stablecoins, a type of cryptocurrency designed to maintain a steady value by linking it to a reserve of assets such as fiat currency or commodities, have received a lot of interest and adoption in recent years. They promise the best of both…

Given the intricate nature of the issue, Gensler suggested that multiple federal agencies may need to collaborate on establishing regulations for AI.  Gary Gensler, the chairman of the United States Securities and Exchange Commission…

Breadcrumb Trail Links PMN Business Author of the article: The Associated Press Anne D'innocenzio Published Oct 14, 2023  •  5 minute read Article content NEW YORK (AP) — As more children emerge from the…