Trade. North Korea. Iran. The dangers awaiting Trump.

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U.S. allies are uncertain about Trump's future trade policies. Here an employee in a Tokyo foreign-exchange company watches TV news about the new U.S. president-elect, November 9, 2016.   REUTERS/Toru Hanai

Barack Obama met with Donald Trump at the Oval Office on Thursday following his spectacular election upset on November 8. While the president-elect promptly promised to “put America’s interests first, but deal fairly with everyone”, many U.S. allies are nervous about what his win will mean for U.S. policy. That means he now has to… Read more »

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Suing TIB over RMG sector corruption report

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The TIB report on corruption in the RMG sector lists (19) points. (13) are on the production part, and (3) are on the supply side. According to the report, corruption is endemic and involves all the players — local and foreign. A summation of the list of corruption runs as follows: Compliance Inspectors are bribed… Read more »

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Off the mark: To depreciate or not to depreciate

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The sudden devaluation of the Chinese yuan against the dollar last month jolted the global foreign exchange market. Despite the fact that the devaluation was not very large, around 5 percent, the foreign exchange markets around the world reacted almost immediately underscoring the sensitivity of the world economy to economic and financial developments in China…. Read more »

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BBIN MVA: A historic step towards regional integration in South Asia

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While several regions of the world have succeeded in forging meaningful partnerships, South Asia could not do so for long largely due to historical and political differences. But at a time when the developing nations are making concerted efforts to integrate their markets with the fastest growing economies by improving connectivity, South Asian countries can… Read more »

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Trans Pacific Partnership and garment export

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Whenever any of our major trade partners contemplates a free trade agreement or special trade preferences for countries that are exporters of apparels, an alarm is raised that such an agreement would adversely impact the export of apparels from Bangladesh. There was considerable unease when EU granted GSP+ trade privileges to Sri Lanka in 2005… Read more »

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