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Written By: Reshma Haque In a recent audit, the Bangladesh Bank found several significant inconsistencies in the Union Bank’s loan issuance. According to Prothom Alo, it was discovered that more than 300 firms with simply a paper existence had received the majority of the private commercial bank’s overall disbursement in loans. In certain circumstances, not […]

Written By: Rassiq Aziz Kabir Michael Burry – a famed investor who was one of the very few people to predict the 2008 Global Financial Crisis – recently warned investors about the Bullwhip Effect and how it might worsen the upcoming recession.  The Bullwhip effect, put simply, expresses the fact that when there is a

Written By: Saldana Rahaman Safa It would not be wrong to say that developing countries live their economic lives under the grace of the US Federal Reserve. When US monetary policy is loose, capital is directed toward emerging economies, which makes it simpler for these nations to raise their funding. Additionally, the wave changes direction

Written By: Reshma Haque and Sajjad Hosen The Padma Multipurpose Bridge is a dream of the people of Bangladesh and the people of the southern part of the country. Bangladesh Bridge Authority started the construction of the Padma Bridge on November 26th, 2014. The main bridge construction was carried out by China Major Bridge Engineering

Written By: Anisur Rahman Kion and Asif Khan Ullash The assemblage of three indomitable rivers—the Ganges, the Brahmaputra, and the Meghna, has amassed the largest delta in the world, Bangladesh, which accommodates 700 (yes, you read that right!) small and humongous rivers, among which 57 are transboundary. In a way, it’s a blessing as Bangladesh

Written By: Rassiq Aziz Kabir, Zara Mustafa, and Saldana Rahaman Safa The financial status quo of the world is indicating a possible recession. With skyrocketing inflation, slow economic growth, and the Russia-Ukraine war – the global economy’s facing significant downturns, and most economists are predicting that it will undergo a large-scale recession whose consequences could

Written by: Soniya Afroz Mahi The victory of Anthony Albanese marks Australia’s first left-wing government in nearly a decade. The center-left Labor Party’s leader, Albanese, was elected as the 31st prime minister alongside a surprising number of teal independent and Green candidates taking seats in the parliament. But the concern is whether these newly elected

Written by: Muhammad Mujtaba and Md. Sahariar Faruque Bhuiyan Gustavo Petro, a former member of the Colombian guerrilla movement, was elected President of the country. The runoff election saw Petro defeat Rodolfo Hernández— a gaffe-prone former mayor of Bucaramanga and business magnate— with 50.47 percent of the vote. Petro will assume office in July amid

Written By: Adhara Ayndrila The French presidential election 2022 has marked a new height of polarization in French politics. As no candidate won a majority in the first round, a runoff was held, in which Emmanuel Macron defeated Marine Le Pen and was re-elected as President of France. Macron from La République En Marche! (LREM)