Black is defined as non-existence of colour while white is the opposite, combination of all colours. So, psychologically, white is supposed to be more desirable than black.
In relative terms, the overall Bangladesh economy is faring well as compared to many developing countries during the period of ongoing severe global recession. Thanks to a low extent of international financial interconnectedness.
Bangladesh stock market has been in paralysis since December last year. The market continued to fall regardless of the economic fundamentals. The paralysis is the result of alleged massive market manipulation by a handful of well-connected and wealthy individuals.
The rot started many months ago; on Sunday the market finally started crumbling. Between Sunday and Monday, Bangladesh stock market lost more than 15 percent. For a small economy, a loss of wealth of almost $7.5 billion, even on paper, is remarkable. Given the fact that many small investors flocked to the market lured by… Read more »