THIS article builds on the earlier piece 鈥楻iba, Money and Interest Paradox鈥�, which exposed the inconsistency of condemning interest as immoral while simultaneously benefiting from interest-based systems 鈥� such as earning salaries from banks or utilising public infrastructure financed by interest-bearing loans. It highlighted that institutions like the IMF and...
THIS article aims to respond to the recent directives of the Bangladesh Bank, suggesting that banks may not share profits with their depositors. This raises a foundational question: what are the sources of these profits? More broadly, what are the sources of income that allow Bangladesh Bank and commercial banks to pay salaries and employee benefits and cover their...
HASINA鈥橲 return to power in 2008 was not just the return of a leader; it was the return of something darker, more insidious. As the caretaker government retreated quietly, she swiftly reasserted control over every arm of the state, her will bending institutions like pliable clay. The dream of democracy, nurtured with such care in the days following the...
THE assassination of Sheikh Mujibur Rahman in August 1975 did not merely topple a man 鈥� it sent a shockwave through the very soul of BAKSAL. Once the beacon of independence, the Awami League found itself bereft of its towering leader, the guiding force that had defined the very fabric of its existence. With Mujib gone, the party...
BANGLADESH, a nation forged in the crucible of its 1971 liberation war, now sees its legacy of sacrifice and identity increasingly distorted into a tool for political spectacle. Over the last 16 years, the Awami League government under Sheikh Hasina has leaned heavily on emotional rhetoric and symbolic gestures to cement their authority. This reliance on...
THE paradoxical phrase, 鈥榬unning away forward鈥� is one of the most apt descriptions that illustrates the state of Israeli affairs now...