The Bank Resolution Act threatens to undo Bangladesh's hard-earned reforms
On April 10 this year, the parliament approved a legislative amendment to the Bank Resolution Act, 2026, which may undo months of banking reform and painful adjustments. Under the revised act, former owners of troubled banks, including those who mishandled their respective institutions to the point of insolvency, may acquire the same institutions again by paying less than 7.5 percent of the amounts previously provided by the government and central bank.
13 April 2026, 17:39 PM
Russia and the economic consequences of war
After 22 months of invasion, let’s evaluate whether it was worth it or not for Russia to invade Ukraine.
11 January 2024, 00:00 AM
US credit rating downgrade: Is all the commotion justified?
The significance of the US debt in the global economy is crucial, as it frequently serves as a benchmark for returns on stocks and other bonds.
28 August 2023, 00:00 AM
China’s slowing growth, deflation, and support for private firms
China's proposed policy measures seem like a smart move.
16 August 2023, 14:00 PM
An anticlimactic Paris Summit
The reality is that the Paris summit ended without any major announcements.
17 July 2023, 03:00 AM