Houthis Seize Strategic Red Sea Island, Raising Global Trade Risks

Shibbir Ahmed, NEW YORK — Iran-aligned Houthi forces have seized the strategic Mayun Island at the southern…

Oil Stays Above $100 as Middle East Tensions Disrupt Supplies

Shibbir Ahmed, New York — Oil prices remained above $100 a barrel on Friday, putting both major…

Mastercard-IFC Launch $500 Million Initiative for Emerging Markets

Shibbir Ahmed, NEW YORK: Mastercard and the International Finance Corporation (IFC), a member of the World…

World Bank: AI Offers Developing Countries a Rare Path to Faster Growth

Shibbir Ahmed, WASHINGTON DC  — Artificial intelligence could give developing countries a rare opportunity to accelerate…

Oil Prices Break Above $100 as U.S.-Iran Conflict Escalates

Shibbir Ahmed, NEW YORK — Oil prices climbed above $100 a barrel on Wednesday as escalating…

Trump Bans Some Canadian Imports as Trade War Escalates

Shibbir Ahmed, Washington DC: President Donald Trump has ordered new restrictions blocking the import of certain…

US Sanctions 36 Individuals and Entities, Including 27 Iranian Airlines

Shibbir Ahmed | Washington, DC: The United States has imposed sweeping new sanctions targeting Iran’s aviation sector,…

Oil Prices Surge Toward $100 as Middle East Tensions Intensify

Shibbir Ahmed, NEW YORK: Oil prices surged toward $100 a barrel on Tuesday as escalating violence…

Russia Deepens Role in Myanmar’s Dawei Deep-Sea Port Project

Shibbir Ahmed, New York — Russia is deepening its involvement in Myanmar’s long-delayed Dawei deep-sea port…

Bangladesh raises annual travel forex entitlement to $18,000

DHAKA – Bangladesh Bank (BB) today increased the annual foreign exchange entitlement for Bangladeshi citizens travelling…

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