Bangladesh fails Sidr victims

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Life after Cyclone Sidr, has been mixed for its survivors. After a year of promises by the mostly corrupt Bangladeshi administration, people are putting their lives back-together with assistance from non-governmental organizations.

The New Rulers of the World

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John Pilger's The New Rulers of the World tackles the double standards inherent in the politics of globalization. It sets out to explain something of the "new" order--the unholy alliance of business interests and imperial repression--and the importance of breaking the silence that protects great power and its manipulations.

Dubya's Capitalism

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While advocating regulatory reform and new rules on accounting and fraud, President George W. Bush yesterday said world leaders should rely on capitalism and free markets to see them through the financial turmoil.

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Micro-Lending and the Battle Against World Poverty
“I don’t know … there must be a simple way. The borrower comes back with his or her deposit receipt, presents it to the cashier, and the cashier gives back the money. Whatever accounting the bank does is the bank’s business.”

The manager shook his head but did not answer. “It seems to me your banking system is designed to be anti-illiterate,” I countered.

About the Author
Muhammad Yunus was born in 1940 in Chittagong, a seaport in Bangladesh. The third of fourteen children, five of whom died in infancy, he was educated at Dhaka University and was awarded a Fulbright scholarship to study economics at Vanderbilt University. In 1972 he became the head of the economics department at Chittagong University. He is the founder of the Grameen Bank.

Innovator for the Poor

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In response to the overwhelming poverty in Bangladesh, Fazle H. Abed created the Bangladesh Rural Advancement Committee. His organization has helped lift millions out of poverty through comprehensive microfinance programs in Bangladesh.

Related Link > Image Day - Perfect Fit?

Cash Back Bangladesh

Independent film with a focus on British-Bangladeshi remittances and foreign-aid, and their impact on British and Bangladeshi society.

• By far, the largest overseas Bangladeshi communities that have settled in the West are in the UK (and increasingly the US,) with well over a quarter of a million people of Bangladeshi origin living in Britain.


• The total value of remittances sent by expatriates to the developing world was conservatively estimated to exceed $80 billion last year. As members of the largest overseas Bangladeshi community in the developed world, we have a particularly poignant interest in this topic.
  


• Remittances are conservatively estimated to contribute at least 4% of Bangladesh's GDP and have directly helped Bangladesh's balance of payments by contributing around a third of its foreign exchange needs. In monetary terms, remittance income is larger as a net gain than the near $5 billion foreign exchange earnings earned by the ready-made garment (RMG) sector, because the latter figure is significantly reduced when adjusted for the cost of materials and tax breaks.
  

Excerpts from a Memorandum submitted by the British Bangladeshi International Development Group (BBIDG) to the Select-Committee.


Via Bangladesh Blogger