Word: bangladesh
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This should be a golden time for Bangladesh, with its GDP surging by almost 7% last year, fueled by strong foreign investment, buoyant exports and a resurgent agricultural sector. But Bangladesh's leaders rarely miss an opportunity to sabotage their country's fortunes. In the run-up to elections planned for Jan. 22, long-standing political tensions erupted again, pushing the nation to the brink of chaos. Opposing political activists fought one another and police and soldiers for months, leaving at least 45 dead and hundreds injured. On Jan. 11, President Iajuddin Ahmed, presumably with the backing of the army...
Thousands of transactions for customers in Chicago, New York or London flow through their computers each day to be relayed to suppliers in Bangladesh, Vietnam and South Korea. William Fung, Li & Fung's group managing director, calls this intricate logistical dance "borderless manufacturing." You might think that an activity without borders could be managed from anywhere, and maybe it could. But in practice, the global supply chain has a headquarters, and it is in the Chinese special administrative region and former British colony whose economic demise has been trumpeted more times than Paris Hilton has hit a party...
...ensuring that a shipment of teddy bears gets to U.S. stores on time or searching for the right factories to sew up a hot fashion line. Thousands of transactions for customers in Chicago, New York or London flow through their computers each day to be relayed to suppliers in Bangladesh, Vietnam and South Korea...
...diplomats such as U.S. ambassador Patricia A. Butenis, who said last month that the interim body "has not always conducted itself neutrally, and the nation has suffered as a result." But the Awami League too must take some of the blame for the unfolding crisis. Western diplomats in Dhaka, Bangladesh's capital, say that the party's stubborn refusal to compromise on any of its demands and its early calls to take the fight to the streets - riots in late October set the tone for much that has followed - made confrontation inevitable. "Tactically, they don't seem to think...
...This should be a golden time for Bangladesh. The country's economy galloped along at almost 7% last year, driven by strong growth in foreign investment and exports and a resurgent agricultural sector. Three months ago, Bangladesh's most famous son, Mohamed Yunus, won the Nobel Peace Prize for his work developing microcredit banking, a concept that has changed the lives of millions. Even the country's perennially underperforming cricket team has improved of late. Instead, the south Asian nation of 145 million people is lurching towards chaos again...