Tuesday, February 20

Day: August 15, 2016

Supermarket sales fall below £100bn in price war
ENGLISH, United Kingdom

Supermarket sales fall below £100bn in price war

    The major grocers’ revenues dropped by 3.1pc to £99bn in the last quarter, according to the latest figures from the Share Centre. Sales across the whole of the FTSE 350 also fell by 2.2pc to £341.7bn in the last three months. However, while British companies sales are falling, it is expected that the slump in the pound will improve profits as around 40pc of British listed companies’ sales are declared in US dollars. Companies with large overseas operations and exporters such as Vodafone, SAB Miller and Kingfisher will also benefit from sterling’s depreciation. British company profits are also on the rise as a wave of multi-billion writedowns come to an end. Food retailers are fighting against deflation Around £89.7bn was written down in the last quarter, the lowest level s...
Today 15th of August: Missing day the Father of Nation
Bangladesh, ENGLISH

Today 15th of August: Missing day the Father of Nation

    People from all walks of life are observing the National Mourning Day today with due respect and solemnity, marking the 41st death anniversary of the Father of the Nation Bangabandhu Sheikh Mujibur Rahman. Every year, the country observes the National Mourning Day on August 15 which is also declared a public holiday. On this day in 1975, the Father of the Nation along with most of his family members, was assassinated by a section of disgruntled and ambitious army personnel. His two daughters - Sheikh Hasina, now prime minister, and Sheikh Rehana - escaped the bloodbath as they were abroad. The national flags are lowered to half-mast at all government, semi-government and autonomous bodies, educational institutions, private buildings and Bangladesh missions abroad, UNB repo...
Donald Trump blamed for stoking Islamophobia after imam and assistant shot dead at New York mosque
America, ENGLISH

Donald Trump blamed for stoking Islamophobia after imam and assistant shot dead at New York mosque

    The men were shot in the back of the head as they walked home from Saturday afternoon prayers in Islamic dress, according to police. No motive for the killings has yet been established by investigators, but worshippers and community members in Queens said the killings were hate crimes. “That’s not what America is about,” Khairul Islam, 33, told New York Daily News. “We blame Donald Trump for this... Trump and his drama has created Islamophobia." More than 100 people joined a protest on Saturday night outside the mosque where they chanted: “We want Justice.” Mosque leader, Malama Akonjee, 55, a married father of seven from Bangladesh, was pronounced dead at the scene, one block away from the mosque. Thura Uddin, 65, also from Bangaldesh, was rushed to Jamaica Hospital but l...
Brexit could be delayed until late 2019
ENGLISH, United Kingdom

Brexit could be delayed until late 2019

    The Government has perviously said it would not trigger Article 50 before the end of the year Ministers are reportedly in discussions over a delay in triggering Article 50, the formal process of leaving the European Union, which could see Britain remain a member of the bloc until late 2019. Theresa May, who is expected by many to trigger the two-year process of leaving the EU in early 2017, could push back the timetable because her new Brexit and international trade departments will not be ready, sources in the City of London have told The Sunday Times. Elections on the continent, including those in France and Germany, could also delay Article 50 of the Libson Treaty being triggered. “Ministers are now thinking the trigger could be delayed to autumn 2017,” a source who has...
Liam Fox and Boris Johnson locked in feud over who controls Britain’s foreign policy
ENGLISH, United Kingdom

Liam Fox and Boris Johnson locked in feud over who controls Britain’s foreign policy

    Liam Fox and Boris Johnson are locked in a bitter Whitehall feud over who controls key parts of Britain's foreign policy, a leaked letter seen by The Telegraph reveals. Just weeks after the two men joined the Government, Dr Fox sent Mr Johnson the terse letter, which he copied to Theresa May, effectively demanding that the Foreign Office be broken up. Dr Fox, suggested that British trade with other countries would not "flourish" if responsibility for future policy remained with the Foreign Office. He also listed a series of economic statistics which called into question the Foreign Office's ability to boost Britain's economic ties with other countries and suggested that Mr Johnson focused instead on "diplomacy and security" including overseeing MI6 and GCHQ. The Foreign Se...