US national debt surpassed US$35 trillion for the first time in history

US, Budget Committee, House of Representatives, Budget

US national debt surpassed US$35 trillion for the first time in history

The US has achieved another “milestone” after its national debt surpassed the $35 trillion mark, the US House of Representatives Budget Committee announced on July 29. Yet, despite debt increasing

Russia-China trade reaches record highs

In a significant demonstration of strengthened bilateral relations, Russia’s trade with China surged to an impressive $65 billion in the first half of 2024, according to data reported by Vedomosti

Resilience and growth amid challenges in China’s economy

China’s economy continues to defy global headwinds and domestic challenges, showing resilience and steady growth. According to the National Bureau of Statistics, China’s gross domestic product (GDP) reached approximately 61.68

Crypto, Digital currencies, ATMs, Cryptocurrency

Crypto ATMs in the US becomes a favorite tool for scammers

In recent years, crypto ATMs have become increasingly common across the United States, offering a convenient way to convert cash into cryptocurrency. These machines, often found in locations like gas

National Board of Revenue, NBR, Bangladesh, Sheikh Hasina

Can Sheikh Hasina succeed in her war against corruption?

In a bold move against rampant corruption, Bangladesh Prime Minister Sheikh Hasina has declared an uncompromising war on graft. Responding to recent revelations of extensive corruption and money laundering involving

Black money whitening in Bangladesh’s 2024-25 fiscal budget

The proposed fiscal year 2024-25 budget for Bangladesh has ignited a heated debate among government and opposition parliamentarians, economic experts, and the general public. Central to this debate is the

UAE emerges as top remittance source for Bangladesh

Bangladesh received the highest remittance from the United Arab Emirates (UAE) in the first ten months of the outgoing fiscal year, surpassing traditional leaders such as Saudi Arabia and the

Global FDI decline persists, hopes for modest recovery in 2024

The global economic landscape has been marred by a series of challenges over the past few years, leading to significant shifts in foreign direct investment (FDI) trends. According to the

Private sector’s foreign borrowing reverses downward trend

After more than a year of continuous decline, the private sector’s short-term foreign debt in Bangladesh experienced a notable turnaround in April 2024. According to data from the Bangladesh Bank,

Pakistan, Special Investment Facilitation Council, SIFC

SIFC can become the real game changer for Pakistan’s economy

Pakistan finds itself at a crossroads as it confronts formidable economic challenges. The inflation rate is rising, the rupee is depreciating, and the foreign reserves are falling, so the country