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Offices Reopen As Curfew Is Eased After Protests Taper Off - Dhaka

Following several days of eerily quiet streets, Dhaka residents woke up to traffic gridlock on Wednesday as public and private offices, including banks, reopened for limited hours with the government relaxing the curfew from 10am to 5pm. Offices had been closed for the past five days, including two weekends plus three days of general holidays that concluded on Tuesday. For now, the office hours have been fixed from 11am till 3pm. Dhaka, Bangladesh, July 24, 2024. Photo by Suvra Kanti Das/ABACAPRESS.COM

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Offices Reopen As Curfew Is Eased After Protests Taper Off - Dhaka

Following several days of eerily quiet streets, Dhaka residents woke up to traffic gridlock on Wednesday as public and private offices, including banks, reopened for limited hours with the government relaxing the curfew from 10am to 5pm. Offices had been closed for the past five days, including two weekends plus three days of general holidays that concluded on Tuesday. For now, the office hours have been fixed from 11am till 3pm. Dhaka, Bangladesh, July 24, 2024. Photo by Suvra Kanti Das/ABACAPRESS.COM

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Offices Reopen As Curfew Is Eased After Protests Taper Off - Dhaka

Following several days of eerily quiet streets, Dhaka residents woke up to traffic gridlock on Wednesday as public and private offices, including banks, reopened for limited hours with the government relaxing the curfew from 10am to 5pm. Offices had been closed for the past five days, including two weekends plus three days of general holidays that concluded on Tuesday. For now, the office hours have been fixed from 11am till 3pm. Dhaka, Bangladesh, July 24, 2024. Photo by Suvra Kanti Das/ABACAPRESS.COM

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Offices Reopen As Curfew Is Eased After Protests Taper Off - Dhaka

Following several days of eerily quiet streets, Dhaka residents woke up to traffic gridlock on Wednesday as public and private offices, including banks, reopened for limited hours with the government relaxing the curfew from 10am to 5pm. Offices had been closed for the past five days, including two weekends plus three days of general holidays that concluded on Tuesday. For now, the office hours have been fixed from 11am till 3pm. Dhaka, Bangladesh, July 24, 2024. Photo by Suvra Kanti Das/ABACAPRESS.COM

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Offices Reopen As Curfew Is Eased After Protests Taper Off - Dhaka

Following several days of eerily quiet streets, Dhaka residents woke up to traffic gridlock on Wednesday as public and private offices, including banks, reopened for limited hours with the government relaxing the curfew from 10am to 5pm. Offices had been closed for the past five days, including two weekends plus three days of general holidays that concluded on Tuesday. For now, the office hours have been fixed from 11am till 3pm. Dhaka, Bangladesh, July 24, 2024. Photo by Suvra Kanti Das/ABACAPRESS.COM

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Offices Reopen As Curfew Is Eased After Protests Taper Off - Dhaka

Following several days of eerily quiet streets, Dhaka residents woke up to traffic gridlock on Wednesday as public and private offices, including banks, reopened for limited hours with the government relaxing the curfew from 10am to 5pm. Offices had been closed for the past five days, including two weekends plus three days of general holidays that concluded on Tuesday. For now, the office hours have been fixed from 11am till 3pm. Dhaka, Bangladesh, July 24, 2024. Photo by Suvra Kanti Das/ABACAPRESS.COM

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Offices Reopen As Curfew Is Eased After Protests Taper Off - Dhaka

Following several days of eerily quiet streets, Dhaka residents woke up to traffic gridlock on Wednesday as public and private offices, including banks, reopened for limited hours with the government relaxing the curfew from 10am to 5pm. Offices had been closed for the past five days, including two weekends plus three days of general holidays that concluded on Tuesday. For now, the office hours have been fixed from 11am till 3pm. Dhaka, Bangladesh, July 24, 2024. Photo by Suvra Kanti Das/ABACAPRESS.COM

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Offices Reopen As Curfew Is Eased After Protests Taper Off - Dhaka

Following several days of eerily quiet streets, Dhaka residents woke up to traffic gridlock on Wednesday as public and private offices, including banks, reopened for limited hours with the government relaxing the curfew from 10am to 5pm. Offices had been closed for the past five days, including two weekends plus three days of general holidays that concluded on Tuesday. For now, the office hours have been fixed from 11am till 3pm. Dhaka, Bangladesh, July 24, 2024. Photo by Suvra Kanti Das/ABACAPRESS.COM

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Offices Reopen As Curfew Is Eased After Protests Taper Off - Dhaka

Following several days of eerily quiet streets, Dhaka residents woke up to traffic gridlock on Wednesday as public and private offices, including banks, reopened for limited hours with the government relaxing the curfew from 10am to 5pm. Offices had been closed for the past five days, including two weekends plus three days of general holidays that concluded on Tuesday. For now, the office hours have been fixed from 11am till 3pm. Dhaka, Bangladesh, July 24, 2024. Photo by Suvra Kanti Das/ABACAPRESS.COM

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Offices Reopen As Curfew Is Eased After Protests Taper Off - Dhaka

Following several days of eerily quiet streets, Dhaka residents woke up to traffic gridlock on Wednesday as public and private offices, including banks, reopened for limited hours with the government relaxing the curfew from 10am to 5pm. Offices had been closed for the past five days, including two weekends plus three days of general holidays that concluded on Tuesday. For now, the office hours have been fixed from 11am till 3pm. Dhaka, Bangladesh, July 24, 2024. Photo by Suvra Kanti Das/ABACAPRESS.COM

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Bank of Japan cuts purchases of Japanese government bonds

STORY: Bank of Japan cuts purchases of Japanese government bonds SHOOTING TIME: April 30, 2024 DATELINE: May 14, 2024 LENGTH: 00:01:44 LOCATION: Tokyo CATEGORY: ECONOMY SHOTLIST: 1. various of Bank of Japan 2. various of banks in Tokyo STORYLINE: The Bank of Japan (BOJ) on Monday announced a reduction of the amount of Japanese government bonds it offered to buy in a regular purchase operation. The central bank offered to buy 425 billion yen (about 2.73 billion U.S. dollars) in Japanese government bonds with five to 10 years left to maturity, down 50 billion yen from the previous such operation. The benchmark yield on the 10-year Japanese government bond subsequently climbed to a six-month high of 0.935 percent at one point. The reduction was the first since the BOJ in March adjusted its massive monetary easing, including ending its negative interest rate policy. Some market participants saw the move as the BOJ's latest effort to counter the weakening yen. BOJ Governor Kazuo Ueda has said r

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River Buriganga Pollution - Dhaka

Wastage plastic material dumped on the River Buriganga, in Dhaka, Bangladesh, April 23, 2024. Plastic is being found just by digging into the soil on the banks of Buriganga. Plastic is showing up even seven feet under the ground. These plastics from the banks later sink to the river bed. It has been found that some of these plastics are even older than a decade. And these remained almost the same, unaltered. Such images surfaced in an ongoing study about the presence of plastic in the soil on Buriganga banks. There is much discussion on plastic accumulated on the river beds as well as floating on the rivers Buriganga, Balu, Turag, Dhaleshwari and Shitalakhya, the five rivers surrounding Dhaka. Photo by Suvra Kanti Das/ABACAPRESS.COM

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River Buriganga Pollution - Dhaka

Wastage plastic material dumped on the River Buriganga, in Dhaka, Bangladesh, April 23, 2024. Plastic is being found just by digging into the soil on the banks of Buriganga. Plastic is showing up even seven feet under the ground. These plastics from the banks later sink to the river bed. It has been found that some of these plastics are even older than a decade. And these remained almost the same, unaltered. Such images surfaced in an ongoing study about the presence of plastic in the soil on Buriganga banks. There is much discussion on plastic accumulated on the river beds as well as floating on the rivers Buriganga, Balu, Turag, Dhaleshwari and Shitalakhya, the five rivers surrounding Dhaka. Photo by Suvra Kanti Das/ABACAPRESS.COM

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River Buriganga Pollution - Dhaka

Wastage plastic material dumped on the River Buriganga, in Dhaka, Bangladesh, April 23, 2024. Plastic is being found just by digging into the soil on the banks of Buriganga. Plastic is showing up even seven feet under the ground. These plastics from the banks later sink to the river bed. It has been found that some of these plastics are even older than a decade. And these remained almost the same, unaltered. Such images surfaced in an ongoing study about the presence of plastic in the soil on Buriganga banks. There is much discussion on plastic accumulated on the river beds as well as floating on the rivers Buriganga, Balu, Turag, Dhaleshwari and Shitalakhya, the five rivers surrounding Dhaka. Photo by Suvra Kanti Das/ABACAPRESS.COM

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River Buriganga Pollution - Dhaka

Wastage plastic material dumped on the River Buriganga, in Dhaka, Bangladesh, April 23, 2024. Plastic is being found just by digging into the soil on the banks of Buriganga. Plastic is showing up even seven feet under the ground. These plastics from the banks later sink to the river bed. It has been found that some of these plastics are even older than a decade. And these remained almost the same, unaltered. Such images surfaced in an ongoing study about the presence of plastic in the soil on Buriganga banks. There is much discussion on plastic accumulated on the river beds as well as floating on the rivers Buriganga, Balu, Turag, Dhaleshwari and Shitalakhya, the five rivers surrounding Dhaka. Photo by Suvra Kanti Das/ABACAPRESS.COM

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River Buriganga Pollution - Dhaka

Wastage plastic material dumped on the River Buriganga, in Dhaka, Bangladesh, April 23, 2024. Plastic is being found just by digging into the soil on the banks of Buriganga. Plastic is showing up even seven feet under the ground. These plastics from the banks later sink to the river bed. It has been found that some of these plastics are even older than a decade. And these remained almost the same, unaltered. Such images surfaced in an ongoing study about the presence of plastic in the soil on Buriganga banks. There is much discussion on plastic accumulated on the river beds as well as floating on the rivers Buriganga, Balu, Turag, Dhaleshwari and Shitalakhya, the five rivers surrounding Dhaka. Photo by Suvra Kanti Das/ABACAPRESS.COM

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River Buriganga Pollution - Dhaka

Wastage plastic material dumped on the River Buriganga, in Dhaka, Bangladesh, April 23, 2024. Plastic is being found just by digging into the soil on the banks of Buriganga. Plastic is showing up even seven feet under the ground. These plastics from the banks later sink to the river bed. It has been found that some of these plastics are even older than a decade. And these remained almost the same, unaltered. Such images surfaced in an ongoing study about the presence of plastic in the soil on Buriganga banks. There is much discussion on plastic accumulated on the river beds as well as floating on the rivers Buriganga, Balu, Turag, Dhaleshwari and Shitalakhya, the five rivers surrounding Dhaka. Photo by Suvra Kanti Das/ABACAPRESS.COM

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River Buriganga Pollution - Dhaka

Wastage plastic material dumped on the River Buriganga, in Dhaka, Bangladesh, April 23, 2024. Plastic is being found just by digging into the soil on the banks of Buriganga. Plastic is showing up even seven feet under the ground. These plastics from the banks later sink to the river bed. It has been found that some of these plastics are even older than a decade. And these remained almost the same, unaltered. Such images surfaced in an ongoing study about the presence of plastic in the soil on Buriganga banks. There is much discussion on plastic accumulated on the river beds as well as floating on the rivers Buriganga, Balu, Turag, Dhaleshwari and Shitalakhya, the five rivers surrounding Dhaka. Photo by Suvra Kanti Das/ABACAPRESS.COM

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River Buriganga Pollution - Dhaka

Wastage plastic material dumped on the River Buriganga, in Dhaka, Bangladesh, April 23, 2024. Plastic is being found just by digging into the soil on the banks of Buriganga. Plastic is showing up even seven feet under the ground. These plastics from the banks later sink to the river bed. It has been found that some of these plastics are even older than a decade. And these remained almost the same, unaltered. Such images surfaced in an ongoing study about the presence of plastic in the soil on Buriganga banks. There is much discussion on plastic accumulated on the river beds as well as floating on the rivers Buriganga, Balu, Turag, Dhaleshwari and Shitalakhya, the five rivers surrounding Dhaka. Photo by Suvra Kanti Das/ABACAPRESS.COM

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Mexico's central bank cuts interest rate for 1st time in 3 years

STORY: Mexico's central bank cuts interest rate for 1st time in 3 years SHOOTING TIME: Archives DATELINE: March 22, 2024 LENGTH: 00:01:15 LOCATION: Mexico City CATEGORY: ECONOMY SHOTLIST: 1. aerial view of Mexico City 2. various of the banks in Mexico 3. various of banknotes STORYLINE: The Central Bank of Mexico (Banxico) on Thursday reduced its benchmark interest rate for the first time in three years. The benchmark interest rate was reduced by 0.25 percentage points to 11.0 percent, the central bank said in a statement. Banxico said it made the decision due to a disinflationary process in the country, despite the presence of upside risks. According to the most recent official data, headline inflation in Mexico was 4.40 percent year-on-year through February. The reduction came a year after Banxico's five-member board raised the benchmark rate to 11.25 percent. Xinhua News Agency correspondents reporting from Mexico City. (XHTV)

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Egypt receives 15 bln USD from UAE investment for Mediterranean coast project

STORY: Egypt receives 15 bln USD from UAE investment for Mediterranean coast project SHOOTING DATE: March 1, 2024 DATELINE: March 2, 2024 LENGTH: 00:00:57 LOCATION: Cairo CATEGORY: ECONOMY SHOTLIST: 1. various of a cabinet meeting 2. various of the central bank 3. various of counting banknotes STORYLINE: The Egyptian government announced that it had received five billion U.S. dollars on Friday from the United Arab Emirates (UAE) as part of the latter's multibillion-dollar investment to develop a new city on Egypt's northern coast. According to a statement released by the cabinet, an amount of five billion dollars was received on Thursday as part of the same deal. Additionally, the central banks of both countries have completed the coordination required for transferring a five billion dollar deposit from the UAE to Egypt. "With the receipt of a total of 15 billion U.S. dollars, the first tranche of the 35-billion U.S. dollar investment from UAE has been received," the statement added, adding the rem

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China's further opening-up, innovations boost global recovery

STORY: China's further opening-up, innovations boost global recovery SHOOTING TIME: Nov. 2023/file DATELINE: Nov. 8, 2023 LENGTH: 00:01:55 LOCATION: Beijing CATEGORY: ECONOMY SHOTLIST: 1. various of economic activities and city views in China 2. various of the 6th CIIE 3. various of NEV production lines STORYLINE: China's economy has sustained its recovery momentum with solid progress made in high-quality development, with China's gross domestic product expanding 4.9 percent in the third quarter, and growing 5.2 percent year on year in the first three quarters of 2023, according to China's National Bureau of Statistics. Data show that by the end of September, 1,110 overseas institutions had gained access to China's bond market, with holdings topping 3.3 trillion yuan (453 billion U.S. dollars), and 202 banks from 52 countries and regions had set up institutions in China. Over the past five years, the annual China International Import Expo (CIIE) has become a symbol of China's high-level opening-up and a

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Dutch capital hosts 17th Affordable Art Fair

STORY: Dutch capital hosts 17th Affordable Art Fair SHOOTING TIME: Nov. 1, 2023 DATELINE: Nov. 2, 2023 LENGTH: 00:01:31 LOCATION: Amsterdam CATEGORY: CULTURE SHOTLIST: 1. various of the 17th Affordable Art Fair STORYLINE: The 17th Affordable Art Fair, an international contemporary art event, opened on Wednesday in Amsterdam, the Netherlands, showcasing more than 1,000 contemporary artworks from over 70 Dutch and international galleries. The five-day art fair took place in Amsterdam's iconic Kromhouthal, a converted industrial site on the banks of the River IJ. The venue itself offers a striking contrast between the city's industrial past and its contemporary cultural spirit. This year, the Affordable Art Fair in Amsterdam puts Spain in the spotlight and brings together six Spanish galleries. The annual event is known for its commitment to making art accessible to a wide audience, one of the hallmarks of the Affordable Art Fair. From stunning paintings to intricate sculptures to innovative digit

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Kuwait holds international auto show

STORY: Kuwait holds international auto show DATELINE: Sept. 27, 2023 LENGTH: 00:01:36 LOCATION: Kuwait City CATEGORY: ECONOMY SHOTLIST: 1. various of the auto show STORYLINE: An exhibition named Auto World Show kicked off on Tuesday in Hawalli Governorate, Kuwait, with the participation of more than 200 cars from 28 car brands, and 18 companies specialized in car services, as well as five banks and 3 insurance companies. The exhibition is considered one of the largest car exhibitions in Kuwait and will last until Oct. 1. Xinhua News Agency correspondents reporting from Kuwait City. (XHTV)

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JBIC loans $3 bil. to Abu Dhabi state firm for oil supply

ABU DHABI, United Arab Emirates - Hiroshi Watanabe (C), president of the Japan Bank for International Cooperation, and Yousef Omair bin Yousef (R), CEO of Abu Dhabi National Oil Company, sign a document in Abu Dhabi on Nov. 2, 2010. The state-run JBIC signed a deal with ADNOC to loan $3 billion in conjunction with five banks in exchange for securing a stable oil supply for Japan.

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FSA orders 15 banks to improve earnings

TOKYO, Japan - Financial Services Minister Heizo Takenaka speaks to journalists on Aug. 1 after his agency ordered five of Japan's major banking groups and 10 regional banks to improve their earnings due to a wide gap between their initial profit targets and the actual figures for the year ended March 31.

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Kimura blasts banks on assessment of bad loans

TOKYO, Japan - Takeshi Kimura (file photo), a member of a Financial Services Agency (FSA) task force, slammed private banks Nov. 9 for what he termed their questionable management stance and assessment of nonperforming loans. ''Some say that there are bad loans five times more outstanding than the disclosed figures,'' said Kimura, known for his hard-line approach, in a speech at a foreign investment fair held at the Tokyo Stock Exchange.

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A call for restructuring

South Korean President Kim Dae Jung (3rd from L) speaks at a meeting on Dec. 7 with leaders from the country's top five business conglomerates -- Hyundai, Samsung, Daewoo, LG and SK, as well as major economic policy makers and heads of creditor banks at the Blue House presidential office in Seoul. The leaders agreed to implement restructuring programs, including the swap of Samsung's auto unit and Daewoo's electronics unit, to overcome the economic crisis.

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Kenya's forex reserves fall to 5-year low

STORY: Kenya's forex reserves fall to 5-year low DATELINE: Oct. 10, 2022 LENGTH: 00:01:21 LOCATION: Nairobi CATEGORY: ECONOMY SHOTLIST: 1. shot of the National Treasury of Kenya 2. various of banks in Kenya and banknotes 3. SOUNDBITE (English): PATRICK NJOROGE, Governor of the Central Bank Of Kenya 4. various of containers at the port STORYLINE: Kenya's foreign exchange reserves declined by 12.5 billion shillings (about 103 million U.S. dollars) this week to hit a five-year low as the shilling fell to the lowest level in history against the dollar, the Central Bank of Kenya said in its weekly update of the financial markets. The reserves fell from 7.42 billion dollars last week to 7.32 billion dollars, with the apex bank reported to have sold an unspecified amount of dollars to stabilize the local currency. During the week, the shilling fell to an all-time low of 120.82 against the dollar, the Central Bank said in its update released Friday evening. The shilling has declined 7 percent against the dollar

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Mexico's central bank raises key interest rate for 11th straight time

STORY: Mexico's central bank raises key interest rate for 11th straight time DATELINE: Sept. 30, 2022 LENGTH: 00:01:31 LOCATION: Mexico City CATEGORY: ECONOMY SHOTLIST: 1. various of the central Bank of Mexico 2. various of Mexican commercial banks STORYLINE: The central Bank of Mexico (Banxico) decided on Thursday to raise the key benchmark interest rate for the eleventh straight time, amid fears of further effects from increasing inflation and uncertainty about the local economy. In a statement, the bank detailed that Banxico's five board members unanimously agreed to increase the target for the overnight interbank interest rate by 75 basis points to 9.25 percent. According to Banxico representatives, the balance of risks regarding the course of inflation "continues a considerable upward bias." The bank projected that inflation will close the year at 8.6 percent, higher than the 8.1 percent estimated in August and well above the official target of 3 percent; for 2023, it projected an inflatio

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Paris Plages city beach event held on banks of Seine, Bassin de la Villette

STORY: Paris Plages city beach event held on banks of Seine, Bassin de la Villette DATELINE: July 23, 2022 LENGTH: 00:04:07 LOCATION: Paris CATEGORY: SOCIETY SHOTLIST: 1. various of map of activities 2. various of swimming pool 3. various of local residents 4. various of children swimming 5. various of people boating on the river 6. SOUNDBITE 1 (French): Local resident 7. SOUNDBITE 2 (French): Local resident 8. SOUNDBITE 3 (French): Local resident 9. SOUNDBITE 4 (French): Local resident STORYLINE: The Paris Plages city beach event is held in Paris from July 9 to Aug. 21 this year, offering events and activities on the banks of the Seine and the Bassin de la Villette. "During this period, Parisians and visitors will be able to enjoy a rich and varied program: petanque, construction games, first aid training, Tai Chi, free swimming in the Bassin de la Villette and in five Parisian sports centers, and many other surprises for young and old people," said the Parisian municipality. SOUNDBITE 1 (French):

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Turkish currency hits lowest in 2022 against U.S. dollar

STORY: Turkish currency hits lowest in 2022 against U.S. dollar DATELINE: July 20, 2022 LENGTH: 0:01:59 LOCATION: ISTANBUL, Turkiye CATEGORY: ECONOMY SHOTLIST: 1. various of Istanbul 2. various of banks 3. various of Istanbul STORYLINE: Turkish currency hit its lowest point against the U.S. dollar as of 2022 on Tuesday, accelerating its continuous downward trend. One dollar was traded at 17.57 Turkish liras at 13:45 a.m. local time (1045 GMT), losing around 25 percent of its value this year. The record low of 18.00 was broken last December for a short period after President Recep Tayyip Erdogan pledged to keep cutting interest rates, aiming to increase exports and production to stabilize the currency. Wildly fluctuating exchange rates since then have steadily crept closer to the record low. Turkiye's five-year credit default swap (CDS) risk also rose to over 900 points, a point high above the levels of the 2008 crisis. CDS increases effectively complicate the country's efforts to acquire fo

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A call for restructuring

South Korean President Kim Dae Jung (3rd from L) speaks at a meeting Dec. 7 with leaders from the country's top five business conglomerates -- Hyundai, Samsung, Daewoo, LG and SK, as well as major economic policy makers and heads of creditor banks at the Blue House presidential office in Seoul. The leaders agreed to implement restructuring programs, including the swap of Samsung's auto unit and Daewoo's electronics unit, to overcome the economic crisis. ==Kyodo

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JBIC loans $3 bil. to Abu Dhabi state firm for oil supply

ABU DHABI, United Arab Emirates - Hiroshi Watanabe (C), president of the Japan Bank for International Cooperation, and Yousef Omair bin Yousef (R), CEO of Abu Dhabi National Oil Company, sign a document in Abu Dhabi on Nov. 2, 2010. The state-run JBIC signed a deal with ADNOC to loan $3 billion in conjunction with five banks in exchange for securing a stable oil supply for Japan. (Kyodo)

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FSA orders 15 banks to improve earnings

TOKYO, Japan - Financial Services Minister Heizo Takenaka speaks to journalists on Aug. 1 after his agency ordered five of Japan's major banking groups and 10 regional banks to improve their earnings due to a wide gap between their initial profit targets and the actual figures for the year ended March 31. (Kyodo)

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Kimura blasts banks on assessment of bad loans

TOKYO, Japan - Takeshi Kimura (file photo), a member of a Financial Services Agency (FSA) task force, slammed private banks Nov. 9 for what he termed their questionable management stance and assessment of nonperforming loans. ''Some say that there are bad loans five times more outstanding than the disclosed figures,'' said Kimura, known for his hard-line approach, in a speech at a foreign investment fair held at the Tokyo Stock Exchange. (Kyodo)