Economy

Why is the ECB eyeing a ‘digital euro’?

Shawdesh dEsk: The European Central Bank will on Monday launch a public consultation and start experiments to help it decide whether to create a “digital euro” for the 19-nation currency

Onion crisis may create opportunity for growers

Shawdesh Desk; The ongoing crisis and growing demand for onion is likely to bring a boon for farmers, ultimately encouraging them to produce a plenty of the essential cooking ingredient

Rising virus rates threaten economy, warns Bank of England

Shawdesh Desk: The Bank of England has warned that the rising rate of coronavirus infections and a lack of clarity over the UK’s future trade relationship with the EU could

Bangladesh GDP to grow by 6.8pc in FY21: ADB

Shawdesh Desk: Bangladesh’s economy is showing signs of early recovery and its gross domestic product (GDP) is expected to grow by 6.8 percent in 2021 fiscal year, the latest Asian

Singapore distributes Covid contact-tracing tokens

Shawdesh desk: Singapore has started distributing Bluetooth contact-tracing tokens to its five million residents to help contain the spread of Covid-19. The tokens, which can be worn on a lanyard

UK economy continues recovery in July

Shawdesh desk: The UK economy grew by 6.6% in July, according to official figures, but remains far below pre-pandemic levels. It is the third month in a row that the

Uber pledges all-electric fleet by 2040

Shawdesh Desk: Uber has said that all taxis available through its app will be electric by 2040 – and by 2030 in US, Canadian and European cities. The ride-hailing firm

Covid-19 affects livelihoods of 82pc RMG workers: SANEM

Shawdesh desk: The COVID-19 crisis has had at least some impact on the livelihoods of 82 percent garment workers in Bangladesh, according to a survey released on Monday. The survey