The new “agreement in principle” for a modernized Energy Charter Treaty (ECT) falls short of pledges to make the trade and investment deal better suited to achieving international climate goals, IISD experts say. The Energy Charter Treaty’s contracting parties announced the deal on Friday, June 24, capping years of talks that were launched after mounting concerns over the ECT’s excessive use by investors in disputes and record-breaking financial awards against... »
The government order to shut stores and shopping malls at 8pm everyday to save power and fuel amid rising global energy prices is going into effect from Monday. The authorities fixed the date and sorted out other details in a meeting hosted by the labour and employment ministry on Sunday. Representatives of businesses were also present. Monnujan Sufian, state minister for labour and employment, said the ministry took steps to... »
Falak Mia, a resident of Khaliajuri Upazila in Netrokona, wrestled with rising water to harvest nearly 30 tonnes of paddy from his flooded fields a month ago. His success meant he had enough rice for his family throughout the year and he could sell the rest to pay other costs. Now all seems lost. The warehouse he had rented has gone under three to four feet of floodwater. “I don’t... »
All the lights on the Padma Bridge have been lit for the first time 10 days before the inauguration of the mega structure. As many as 415 lights along the 6.15 km bridge were switched on at a time on the stretch from Munshiganj’s Mawa end to Shariatpur’s Zajira on Tuesday. On Monday, 205 of the lights powered by the Mawa substation were turned on. The illuminated bridge dazzled the... »