Iran War Sparks Fears of a Global Economic Nightmare
The war between the United States and Israel against Iran has turned into a terrible “nightmare” for the global economy. After Iranian leader Ali Khamenei was killed in a missile strike on February 28, Tehran closed the Strait of Hormuz, one of the world’s most important shipping routes. As a result, the prices of fuel and fertilizers in the global market have soared. This has created fears of a food crisis in poorer countries.
Bangladeshi Migrant Arrivals in Europe Rise Sharply in 2025
The number of Bangladesh nationals arriving in Europe by sea and land increased significantly in 2025, according to newly released migration data.
Bangladesh’s GDP Growth Slumps to 3.49% in 2024‑25 Fiscal Year, Lowest in Five Years
Bangladesh’s economy faced a significant setback in the 2024‑25 fiscal year. According to the final figures released by the Bangladesh Bureau of Statistics (BBS), the country’s Gross Domestic Product (GDP) growth stood at just 3.49 percent during this period, marking the lowest in the past five fiscal years.
Like Leaving the Door Open and Losing Control of the House
Just three days before the 13th national election, the interim government hastily signed a trade agreement with the United States. Although Bangladesh initially described the agreement as “confidential and not publishable,” the US government published the final copy on its own website the day after it was signed.
Common People Crushed Under Rising Essential Commodity Prices During Ramadan
As the holy month of Ramadan begins, prices of daily essentials have surged in various kitchen markets across the capital and the country. From iftar items to fruits, fish and meat—prices have increased in almost every category. This has put low- and middle-income people under pressure. A visit to the markets shows that by the second day of fasting, prices of iftar and kitchen essentials are already soaring.
Debapriya Bhattacharya Criticizes Bangladesh’s Request to Defer LDC Graduation
Debapriya Bhattacharya has commented that the BNP government has effectively pressed the “crisis button” following Bangladesh’s recent request to postpone its graduation from Least Developed Country (LDC) status by three years. He said the United Nations will not make a final decision immediately, as the process is time-consuming.
Bangladesh Faces Rising Prices of Essential Goods Ahead of Ramadan Despite Sufficient Imports
Nearly a month remains before the holy month of Ramadan begins, but even before that, instability has appeared in the essential goods market. The prices of soybean oil, palm oil, sugar, lentils, chickpeas, and ginger have increased over the past week.
Uncertainty Grows Over Bangladesh’s LDC Graduation as UN Postpones Assessment Visit
A United Nations delegation was scheduled to visit Dhaka this month to review Bangladesh’s overall preparedness for graduation from the Least Developed Countries (LDC) list and to present its assessment of the country’s position. At the same time, a schedule had been set to present an independent preparatory assessment report on LDC graduation on January 21. However, the delegation’s visit to Dhaka has been postponed for the time being even before the trip took place. No new date has yet been fixed.
Rising Inflation, Weak Business Climate Drag Bangladesh’s Economy: UN & World Bank
Bangladesh is facing the most severe inflation crisis in South Asia, according to the United Nations, while the World Bank has also lowered the country’s economic growth forecast for the fiscal year 2025–26 due to high inflation and a stagnant business environment.
Bangladesh Faces Rising Economic Risks from Crime and Illicit Economy: WEF
The World Economic Forum (WEF) has identified crime and the illicit economy as the foremost economic risks that could impact Bangladesh over the next two years. According to experts, these challenges have the potential to destabilize the economy, undermine development initiatives, and create uncertainty for businesses and households alike.