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Posts tagged as “crisis”

Still have time to hold talks to get out of crisis: Moyeen tells AL

Report in The Daily Star, Dec 30, 2023BNP Standing Committee member Abdul Moyeen Khan today said time is still there for the Awami League-led government to hold talks with political parties to get out of the political crisis. He also urged the ruling party to do politics understanding the character and psychological traits of the people of Bangladesh. He made the remarks while addressing the inaugural function of the biannual council of a faction of…

Gas crisis: Industries in shambles, crisis in residential areas too

by Mohiuddin in Prothom Alo, Dec 27, 2023Power generation has decreased during the winter, leading to a decline in both gas demand and supply in the sector. Despite this, the crisis in gas supply to other sectors persists due to a reduction in liquefied natural gas (LNG) imports. Consumers in industrial and residential areas are suffering from the gas crisis. Owners of export-oriented industries are struggling to maintain production by purchasing alternative fuels at high…

Baloch protesters’ crisis escalates

by Naeem Asghar in The Express Tribune, December 27th, 2023ISLAMABAD: Authorities claim to have released all Baloch protesters who arrived in Islamabad last week to highlight the issue of missing persons but were rounded up in a crackdown. However, the Baloch Yakjehti Committee (BYC)—the protest organizers—disputes this, asserting that Islamabad Police have failed to release all detained protesters despite the three-day deadline’s expiration. The BYC announced that people in Balochistan will stage demonstrations and strikes…

‘One-sided’ election to deepen crisis, say speakers at discussion in the capital

report in Daily Star,Dec 21, 2023Just like twice before, the country is heading towards a “one-sided” parliamentary election, which will deepen the political and economic crisis, said speakers at a discussion yesterday. The election will not be acceptable at home and abroad, they added. “Whether we give it legitimacy or not, the country is heading towards a one-sided election. The results of the vote have been determined. But the election of seat-sharing is nothing new…

Cash crunch lingers at crisis hit Islamic Banks

by Md Mehedi Hasan in The Daily Star, Dec 5, 2023Five Shariah-based banks are still experiencing liquidity crisis despite significant support from the central bank, which hit the overall surplus cash situation in the Islamic banking system in the July-September quarter, a Bangladesh Bank report said. The crisis-hit five banks are — Islami Bank Bangladesh, Social Islami Bank, First Security Islami Bank, Union Bank, and Global Islami Bank..At the end of September, Islami Bank Bangladesh’s…

UNHCR Urges Pakistan to Stop Deporting Afghan Refugees:

Report in TOLOnews Online, Nov 23, 2023 at 9:09 PMThe UN High Commissioner for Refugees called on Pakistan to stop the deportation of Afghan refugees, saying they face harsh winter conditions and an existing humanitarian crisis. “UNHCR is calling upon the government of Pakistan to halt these mass numbers of returns during this harsh season of winter because the cold in Afghanistan is really deadly and it can take lives,” the agency’s regional spokesman, Babar…

SC rules that Rajapaksas, Monetary Board responsible for current economic crisis

By A.J. Abeynayake in The Island, Nov 15, 2023The Supreme Court yesterday (14) ruled that former President Gotabaya Rajapaksa, former Prime Minister Mahinda Rajapaksa and former Finance Minister Basil Rajapaksa and several others are responsible for the ongoing economic crisis. The bench comprised Chief Justice Jayantha Jayasuriya, PC, Buwaneka Aluwihare, Priyantha Jayawardena, Vijith K. Malalgoda and Murdu Fernando. The five-judge bench by a margin of five-to-one determined that the Rajapaksa brothers as well as former…

Iran’s Foreign Minister Calls Afghanistan a ‘Deep-Rooted” Crisis

report in Khaama Press online, Sept 24, 2023Hossein Amir Abdollahian, the Foreign Minister of Iran, emphasized in a meeting of the Asian Crisis Council that Afghanistan is one of the “deep-rooted crises” in the region and underlined the regional impacts of this situation. On Saturday, Iran’s Foreign Minister, in the Asian Council meeting on the Expansion of Terrorism and the Crisis of Migration and Refugees, regarded them as the consequences of the crisis in Afghanistan.…

Only credible polls can end Pakistan crisis, says Elizabeth Horst

by Anwar Iqbal in Dawn, Sept 18th, 2023UNITED NATIONS: The United States will continue to support credible elections in Pakistan that are free of violence and allow people to decide who rules them, says Elizabeth Horst, the US Deputy Secretary of State Responsible for Pakistan. Addressing a seminar at One UN Plaza, Ms Horst also urged Pakistan to continue to implement the reforms suggested by the International Monetary Fund (IMF) as that’s the only way…

Crisis brews as Alvi holds ‘poll date’ meeting

Report in The News, Sept 12th, 2023ISLAMABAD: As the matter of the general elections in the country hangs in the balance with the political circles divided on the timing of the polls, President Arif Alvi is expected to announce the date for the electoral process anytime, sources privy to the development said on Monday. They said that the matter of the poll date was discussed in a meeting of President Alvi with the caretaker law…

How China Made Its Housing Crisis Worse

By Keith Bradsher in The NY Times, Aug 25, 2023In China the pension akin to Social Security in the United States pays about $410 a month to seniors who live in cities, and only $25 a month in the countryside. Public health care covers less than half of people’s costs. Unemployment insurance provides around $220 a month; the U.S. average is nearly $1,700. China’s consumer safety net is full of holes, even when accounting for…