The 15th BRICS meeting is a key landmark that marks a substantial change in the global economic landscape. This move is mostly related to the addition of new members, which represents a deviation from the alliance’s established principles. This development has inevitably raised concerns about its consequences for the global economy, especially in light of […]
The declining Foreign Exchange Reserve (Forex) has become a common phenomenon in the Global South. The particular cases of South Asian reserves are also attracting media coverage. The impacts of the global pandemic translated into supply chain disruption, rising inflation, increasing poverty and commodity shock are contributing to this problem. The ongoing Ukraine crisis since […]
The International Monetary Fund (IMF)’s willingness to support Bangladesh’s request for a 4.5 billion dollar bailout package over the next three years confirms that the country’s economy is facing a serious crisis. It is the third country in the region, after Sri Lanka and Pakistan, that knocked on the door of the IMF in recent […]
Low cost of living, food, and energy security – most indicators of economic stability have gone bust in Germany over the last few months. Sanctions and counter-sanctions, the game played by Germany and Russia, have hit Germany where it hurts the most – its economy. Record-breaking food and energy inflation has exposed Germany to potential […]
For a long period of time, Bangladesh has been striving to ensure food security at home by planning to shop for farmland abroad. Recently, South Sudan, an African country, has expressed interest in leasing a vast area of its land to Bangladesh in order to collaborate in agricultural production, processing and marketing to the central […]
Bangladesh was debt-ridden a few years ago but is now a success in debt relief. It has given loans to Sri Lanka and Sudan. It gave a loan to a country for the first time by giving the first installment of the loan promised to Sri Lanka in August. Once upon a time, Bangladesh was […]