Inflation has become a worldwide phenomenon, not only specific to the developing world.

Places five points for reshaping global financial system

The economy is estimated to have expanded at a slower-than-expected pace in 2022-23, said the Bangladesh Bureau of Statistics (BBS) yesterday, a figure that analysts describe as good in view of elevated inflation, slowing exports and remittances and the ongoing pressure on the country’s foreign exchange reserves.

Global demand has consistently weakened this year, for multiple reasons, and the risk of recession is rising. If advanced economies were to fall into recession, developing countries in Asia would not be immune to the fallout. Policymakers in the region will need to monitor and carefully navigate a challenging economic environment to keep inflation in check and sustain growth.

Winners of the Nobel Prize in economics this year were rewarded for their work in the 1980s that 'significantly improved' the world's understanding of banks.

Oil prices settled up on Friday as hopes of stronger Chinese demand and a weakening US dollar outweighed concern about a global economic downturn and the impact of interest rate rises on fuel use.

Bangladesh needs proper macroeconomic management to avoid middle income trap

On July 12, the euro equaled the US dollar, a fall for the former since its journey began in 2002.  

The Bangladesh Cricket Board will be sending fewer personnel to the West Indies as a cost-cutting measure. The Daily Star learned that plans are for a few support staff to be excluded for the tour along with a selector and a pace bowler from the squad.

The taka faced less depreciation against the US dollar compared to other South Asian currencies in the last one year, eroding the export competitiveness of Bangladesh against its peers.

Transparency International Bangladesh today (May 20, 2022) called upon the government to form an independent "Economic Strategy Advisory Committee" to advise on ways to address the potential global economic fallout and ensure continued commendable economic performance achieved so far.

The third Interna-tional Conference on Financing for Development recently convened in Ethiopia's capital, Addis Ababa.

The future of Europe and the euro now depends on whether the eurozone's political leaders can combine a modicum of economic understanding with a visionary sense of, and concern for, European solidarity.

Ultimately, upholding women's rights will not only make economies work for women, it will also benefit societies as a whole by creating a fairer and more sustainable future.