news and current affairs.
Japan gives $4.8m to Bangladesh election commission for fair vote
Japan just handed Bangladesh a massive cash boost to clean up their election mess. The Asian powerhouse teamed up with the United Nations Development Programme on Wednesday to pump millions into making votes fair and honest. Ambassador Saida Shinichi and UNDP boss Stefan Liller put pen to paper at the Bangladesh Election Commission building. Chief Election Commissioner AMM Nasir Uddin watched as they sealed the deal that could change everything. The signing ceremony marked a major step forward for democracy advocates across the region. The Japanese government agreed to fork over 695 million yen to fix Bangladesh's voting problems. That money converts to about 4.8 million American dollars for anyone keeping track of the spending...
Alibaba Rolls Out 50bn Yuan Taobao Red Envelopes to Spur Spending
Alibaba just threw billions at Chinese shoppers to save the country's dying economy. The tech giant promised to hand out seven billion dollars through its Taobao shopping app over the next year. Chinese families have stopped buying stuff because they fear losing their jobs and homes. The company hopes digital cash gifts and price cuts will make people start spending again. China's leaders are panicking about their crashing economy right before things get worse. Property values keep falling and America keeps fighting trade wars against Chinese businesses. Millions of workers face unemployment as companies shut down or move factories to other countries. The government tried cutting interest rates and offering trade deals but nothing...
Real Madrid battle past Juventus 1-0 to face Dortmund
Real Madrid crushed Juventus with a single goal to book their spot against Borussia Dortmund. Young star Gonzalo Garcia headed home his third tournament strike to seal the victory at Hard Rock Stadium. Kylian Mbappe made his comeback from sickness as a second-half substitute. Coach Xabi Alonso praised his team for grinding out the tough win against the Italian giants. Madrid controlled the second period but Juventus goalkeeper made several brilliant saves. Borussia Dortmund squeezed past Monterrey with a 2-1 victory to earn their Madrid showdown. Striker Serhou Guirassy bagged both goals for the German side during a sweaty clash in Atlanta. Former Real Madrid captain Sergio Ramos nearly forced extra time with a late header that sailed...
Gill says India can even the series without Bumrah
India captain Shubman Gill believes his team can beat England at Edgbaston even without star bowler Jasprit Bumrah. The visitors trail 1-0 after losing the first Test at Headingley last week. Bumrah grabbed five wickets during the opening innings but failed to take any scalps when England chased down 371 runs. Team management planned from the start that Bumrah would only feature across three matches due to his back injury recovery. Gill confirmed Bumrah remains available but stressed the need to manage his playing time carefully. The captain acknowledged missing their best bowler would hurt but said backup plans were already prepared. India made cricket history at Headingley after becoming the first team ever to score five individual...
Dhaka Court Kicks Heist Probe Report to July 24
A Dhaka judge pushed back the deadline for police to hand over their investigation report about the massive Bangladesh Bank robbery. Additional Chief Metropolitan Magistrate Zakir Hossain moved the date to July 24 after investigators missed their original deadline. The Criminal Investigation Department failed to show up with their findings when they were supposed to. Court officials had expected the probe team to present their work but they came empty-handed instead. Cyber thieves pulled off one of the biggest bank heists in history back in February 2016. The crooks used computer tricks to steal 101 million dollars from Bangladesh Bank accounts held at the Federal Reserve Bank of New York. They moved the money through something called...
Thailand's Acting PM in for One Day, Swap Set Thursday
Thailand just watched its acting prime minister take charge for exactly one day. Suriya Jungrungreangkit stepped into the top job Wednesday after courts kicked out Paetongtarn Shinawatra. The transport minister attended a ceremony marking 93 years of the prime minister's office. He refused to answer reporters asking about his super short time as leader. Suriya admitted his main task was signing papers to hand power to someone else Thursday. The Constitutional Court suspended 38-year-old Paetongtarn over a messy fight with Cambodia. She made a phone call to Cambodia's former leader and called him uncle. The prime minister also referred to a Thai military commander as her opponent during the same conversation. A leaked recording of her...
Daily Sun Duo Snag SME Media Awards with Tk50,000 Prizes
Two Daily Sun business reporters just scored major wins at the country's top media awards ceremony. Mousumi Islam and Rafikul Islam grabbed prizes across ten different categories for their smart writing about small and medium businesses. The pair earned recognition for digging deep and finding great stories about the SME industry that helps drive Bangladesh forward. Each winner walked away with a fancy trophy and a fat check worth 50,000 taka for their hard work. The ceremony took place at the Economic Reporters' Forum building where all the media heavyweights gathered to celebrate. Finance Adviser Dr. Salehuddin Ahmed served as the main guest and personally handed out the shiny awards to each winner. SME Foundation Chairman Md...
Ali Riaz hopes to nail down the July charter by mid-July
Professor Dr Ali Riaz thinks political parties can agree on the July Charter before the month ends. The National Consensus Commission Vice-Chair spoke Wednesday at the Foreign Service Academy during fresh talks with party leaders. He told everyone that Bangladesh made huge progress over the past twelve months despite facing major roadblocks. Riaz admitted the journey had ups and downs that sometimes left people feeling disappointed. He believes hard work can help everyone reach their charter goals very soon. The professor wants Bangladesh to build a completely new government system that protects people's rights. He dreams of creating a country where citizens never face forced disappearances or illegal killings. Riaz stressed that...
Rooppur nuclear plant ready to link first unit to grid
Bangladesh just hit a major milestone with its first nuclear power plant at Rooppur. Russian company Rosatom finished setting up the big power transformers for Unit-1. The plant moves closer to pumping electricity into the country's power grid. Nuclear Power Plant Company Bangladesh Limited confirmed the news with their Russian partners. Workers completed both the main transformers and the backup ones that keep everything running. Dr Zahedul Hasan from the Nuclear Power Grid Company explained how the massive machines work. The transformers take 24,000 volts from the generator and boost it up to 400,000 volts for the national power lines. Each transformer can handle 1,599 megawatts of power which beats the expected 1,200 megawarts from...
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