The resignation and subsequent flight of Bangladesh’s former Prime Minister Sheikh Hasina amidst violent street protests have sparked reactions from around the globe. In Whitechapel, London, a neighborhood with a significant Bangladeshi population, the streets were filled with celebrants waving flags and honking car horns, chanting, “Bangladesh! Bangladesh!” “Bangladesh has achieved its second independence now,” said Abu Sayem, 50. “We got our independence first in 1971, but Sheikh Hasina ruled forcibly. She took away our rights and killed thousands of children.” Cab driver Ishtiaque Choudhury expressed his relief, saying, “It…
Tag: exit
Kamala Harris’ ‘coconut tree’ meme goes viral after Biden’s presidential exit | World News
Vice President Kamala Harris is now the Democratic front-runner after President Joe Biden unexpectedly dropped out of the race on Sunday. This shift has revived and popularized a meme involving Harris and a coconut tree, with many Democrats joining in on the fun. Support for Harris surges online In the past 24 hours, Democratic governors, senators, and PACs have shown their support for Harris by mentioning coconut trees or using coconut emojis in their posts. washington dc is in peak form pic.twitter.com/i8uFMwhZhj — Josh Sorbe 🌴🥥 (@joshsorbe) July 21, 2024…
Democratic Senator Warner seeks Biden’s exit from presidential race, W. Post reports | World News
US Senator Mark Warner is attempting to assemble a group of Democratic senators to ask Joe Biden to exit the presidential race after last week’s debate performance, the Washington Post reported on Friday, citing two unidentified people with knowledge of the effort. Warner, the chair of the Senate Intelligence Committee, earlier this week was contacting Democratic senators about a possible meeting on Monday to discuss Biden’s campaign, a source familiar told Reuters on Friday. Biden has been scrambling to defuse a political crisis over his shaky debate performance and has…
UK’s Labour set to sweep into power with huge majority, exit poll shows | World News
Keir Starmer will be the next Prime Minister of UK with his Labour Party set to win a massive majority in a parliamentary election, an exit poll on Thursday indicated, forecasting Rishi Sunak’s Conservatives would suffer historic losses. Centre-left Labour was on course to capture 410 of the 650 seats in parliament, an astonishing reversal of fortunes from five years ago when it suffered its worst performance since 1935. The result would give Labour a majority of 170 and would bring the curtain down on 14 years of increasingly tumultuous…
FPI: Exit Mode: FPI sales at record Rs 2.1 lakh crore in H1 of 2022
[ad_1] FPI The outflows for the month of June set several records amid broader macro-economic uncertainties such as a possible slowdown in the US, aggressive rate hike Central bank And a global recession. So far in 2022, sales of Rs 2.1 lakh crore have been seen the highest during the first half of any calendar year and it is also the ninth month of sales by FPIs with the second highest monthly outflow of Rs 45,000 crore. Beginning in October, there was a total outflow of Rs 2.5 lakh crore…
FPIs: Funds based in Mauritius, Luxembourg rise sharply as sell-offs to exit
[ad_1] ET Intelligence Group: If you blame tax havens for the softening of stocks, you won’t be far from the truth. Funds based in Mauritius or Luxembourg have moved out of Mumbai much faster than those in more regulated geographies such as the US, UK, Japan or Canada since October. The combined share of the Big Four regulated markets in total FPI equity under management rose to 50% in May 2022, a multi-year high. In contrast, data [ad_2] Source link
Apollo: Apollo Global revisits ARC joint venture with ICICI Bank, ‘looking for exit’
[ad_1] US-based private equity giant Apollo Global management is rethinking its asset reconstruction company (arch) after failing to start due to intense competition in the troubled debt space and seeks new avenues to invest in the space through an Alternative Investment Fund (AIF). Five people familiar with Apollo’s plans said the company has decided to invest in distressed assets through its AIF and will seek a buyer of over 90% of its stake in ARC. A person directly aware of the matter said, “Nowadays no fund needs to have an…
Yes Bank begins the process of exit from the reconstruction scheme
[ad_1] Yes Bank On Wednesday it said it had begun the process of creating a new board as it spun out of the reconstruction plan designed to protect the bank in 2020. The proposal for constitution of a new board will be placed before the shareholders of the bank on its 18th day. Annual General Meeting (AGM) on 15th July The process was initiated on the recommendation of state Bank of India ,State Bank Of India), the largest shareholder in Yes Bank. SBI has proposed that MD and CEO Prashant…