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Author: Desk Report

Recession, millions of jobs lost if US defaults: Treasury

Equities extend gains on US jobs data, China hopes

Desk Report30/08/2023
Equities extend gains on US jobs data, China hopes. Asian investors on Wednesday tracked a rally on Wall Street as a softer-than-expected report on US job openings soothed fears the Federal Reserve will hike interest rates again.The mood brightened further in Shanghai and Hong Kong by a report that China’s biggest state-backed banks would slash […]
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Burst water main floods busiest subway station in NYC

Burst water main floods busiest subway station in NYC

Desk Report30/08/2023
New York’s best-known and busiest subway station, at Times Square, fell victim to spectacular flooding overnight Tuesday, caused by an ancient water main that burst after more than a century of service.The Metropolitan Transportation Authority (MTA) released videos and photos on Tuesday of water cascading into the Times Square-42nd Street station in the heart of […]
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Toyota factories in Japan hit by massive glitch

Toyota factories in Japan hit by massive glitch

Desk Report29/08/2023
Toyota factories in Japan hit by massive glitch. Toyota said Tuesday it halted operations at 12 of its 14 factories in Japan due to a system glitch, but that it did not appear to be a cyberattack.The world’s biggest automaker refrained from discussing other details of the incident, which began Tuesday morning. “Twelve vehicle factories, […]
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Guatemala electoral body suspends party of president-elect

Guatemala’s Electoral Authority Suspends Party of President-Elect

Desk Report29/08/2023
Guatemala’s Supreme Electoral Tribunal (TSE) has provisionally suspended the political party of President-elect Bernardo Arévalo, even as it formally confirmed his victory in the 20 August presidential run-off. While this move is not expected to hinder Arévalo’s inauguration on 14 January, it could affect his party’s influence within Congress, particularly in committee leadership roles.   […]
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Vladimir Putin

President Putin to Miss G20 Summit in India; Foreign Minister Lavrov to Represent Russia

Desk Report29/08/2023
Russian President Vladimir Putin has informed Indian Prime Minister Narendra Modi that he will not attend the G20 Summit scheduled for 9–10 September 2023 in New Delhi. Instead, Russia will be represented by Foreign Minister Sergey Lavrov . During a telephone conversation, President Putin conveyed his decision to Prime Minister Modi, who expressed understanding for […]
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Russia says destroys drones near Moscow, Ukraine border

Russia Reports Interception of Ukrainian Drones Near Moscow and Border Regions

Desk Report28/08/2023
Moscow, 18 May 2025 — Russian authorities have announced the interception and destruction of multiple Ukrainian drones targeting areas near Moscow and the Bryansk region, which borders Ukraine. According to Moscow Mayor Sergei Sobyanin, air defence systems neutralised a drone approaching the capital’s Lyubertsy district early Monday morning. Initial assessments indicate no casualties or damage, […]
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As the US rate saga works against China reopening, Asian markets are divided

Global Markets Surge on Fed’s Policy Shift and China’s Stimulus Measures

Desk Report28/08/2023
Global financial markets experienced a notable upswing following significant policy announcements from the United States and China. Investors responded positively to signals from Federal Reserve Chair Jerome Powell indicating imminent interest rate reductions, alongside China’s decision to cut stamp duty on stock transactions. Federal Reserve Signals Imminent Rate Cuts In a pivotal address at the […]
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BGMEA launches week-long tree plantation program

BGMEA President meets Minister of Foreign Relations of Kurdistan

Desk Report27/08/2023
BGMEA President meets Minister of Foreign Relations of Kurdistan. A delegation of Bangladesh Garment Manufacturers and Exporters Association (BGMEA), led by its President Faruque Hassan, met Safeen Dizayee, Minister, Department of Foreign Relations, Kurdistan Regional Government in Erbil, Iraq.The president was accompanied by Nazrul Islam, former Director, BGMEA; Sharmeen Hassan Tithi, Director, Giant Group; Mohammed […]
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Raid on Trump home - 'Top secret' documents seized

Owning it: Trump embraces historic mug shot

Desk Report26/08/2023
Owning it: Trump embraces historic mug shot. For most people, a police mug shot would be a badge of dishonor they would do anything to erase.For Donald Trump, it’s a branding opportunity and political weapon.The scowling, vengeful stare captured at a Georgia jail on Thursday after Trump was booked on racketeering and conspiracy charges has […]
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