IMF flags debt restructuring hurdles for distressed economies
The International Monetary Fund (IMF) is currently working on a plan to regulate cryptocurrencies and has recommended against granting them legal tender status. This comes as India, the current G20 president, is pushing for debt restructuring for its South Asian neighbours and for cryptocurrency regulation. IMF Managing Director Kristalina Georgieva said that while there is […]
Bangladesh Calls for Revision of Power Purchasing Deal With Adani
Bangladesh is calling for a revision of the 2017 Power Purchasing Agreement (PPA) with Adani Power (Jharkhand) Ltd, signed during Indian Prime Minister Narendra Modi\’s visit. The deal, which was facilitated by Modi\’s close relationship with Adani, resulted in Bangladesh paying $450 million annually for 25 years, even if no electricity is taken. Additionally, Bangladesh […]
Returning Bangladesh coach says senior cricketers safe
Chandika Hathurusingha has returned to Bangladesh as the cricket coach after his first stint at the helm. Despite having a tempestuous relationship with top players in the past, he said he does not intend to shake up the team and that the veteran players have been performing well. Hathurusingha, who has coached both the Sri […]