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2 killed in road crashes

Two persons were killed in two separate road accidents yesterday in the capital's Sher-e-Bangla Nagar and Tongi Industrial area.

A speedy bus at Nabisco intersection hit Mofazzol Paloan, 60, around 9:30am while he was crossing the road. The bus was bound for Mohakhali, police said.

Police rushed him to Dhaka Medical College Hospital (DMCH) where he died after a while.

The victim came to the city from his village at Munshiganj Sadar on Sunday. He went to Tejgaon Land office and met with the accident while returning to his relative's house at Mirpur, said Officer-in-Charge of Tejgaon Industrial Police Station Omar Faruque.

Police seized the bus. The driver of the bus, however, escaped.

Meanwhile, police recovered an unidentified body of a youth, aged around 30, from Lake Road adjacent to the Chandrima Udyan yesterday around 6:30am.

Sher-e-Bangla Nagar police said a vehicle hit the victim in check shirt and 'lungi'.

Both the bodies were sent to Dhaka Medical College morgue for autopsies.

Source : The Daily Star 

Marriage, divorce up weight

Both marriage and divorce can trigger weight gain, according to research being presented at the American Sociological Association.

There is an increased risk of piling on the pounds in the two years after a marriage starts or ends, according to their study of 10,071 people.

Newly-married women were at greatest risk of "large" weight gains.

Some gains may "pose a health risk", say the authors from Ohio State University.

The study followed people from 1986 to 2008 and monitored changes in body mass index (BMI) - a weight/height ratio measurement - and marital status.

The researchers compared the BMI of people who married or divorced with those who were already married or stayed single.

LIFE-CHANGING
Even after adjusting the data for each person's health, education, employment, poverty and pregnancy - there was still an increased risk of weight gain associated with marriage and divorce.

In women, marriage increased the risk of a small increase in weight (up to a three point increase in BMI) by 33%. There was a 48% higher risk of large weight gains (more than a three point BMI increase).

Newly-divorced women had a 22% increased risk of small weight gain.

Men were 28% more likely to have small increases in weight after marriage and 21% after divorce.

The report concludes: "All marital transitions act as a weight shock, encouraging small weight gains regardless of the destination marital state."

Lead author, Dmitry Tumin, said: "To some extent, marriages for women promote weight gains that may be large enough to pose a health risk."

Helen Riley at the British Nutrition Foundation charity said: "These are significant changes in someone's life. It can change their living situation and the types of food they eat.

"But different people deal with it in different ways and it can be positive for some people."

Source : The Daily Star 

Push still on to kill Hasina: Alleges Ashraful

Awami League General Secretary Syed Ashraful Islam yesterday alleged ground is being created to assassinate Prime Minister Sheikh Hasina.

Addressing a discussion meeting, he said some of the country's television channels and newspapers are publishing "exaggerated reports" that might create instability in the society and help the conspirators to create the ground for killing her.

Awami League arranged the discussion at Bangabandhu International Conference Centre in the afternoon in remembrance of the people killed in the August 21 grenade attack in 2004.

"A very deep conspiracy is on to destabilise the country and to kill

Sheikh Hasina," said Ashraful, also the LGRD minister.

He said the masterminds behind the August 15, 1975 bloodbath are still very much active in their bid to kill Hasina. "They know that Sheikh Hasina is in the centre of the spirit of all pro-liberation patriotic people."

Ashraful said that on August 15, 1975 the killers tried to annihilate the entire family of Father of the Nation Bangabandhu Sheikh Mujibur Rahman. But Sheikh Hasina and her sister Sheikh Rehana luckily escaped death as they were abroad.

"August 21 (in 2004) was another attempt to murder Sheikh Hasina," he said.

Chaired by AL presidium member Syeda Sajeda Chowdhury, the meeting was also addressed, among others, by party presidium members Suranjit Sengupta and Sheikh Fazlul Karim Selim.

Source : The Daily Star 

Joj Miah 'confession:' BNP sticks to fake guns

Joj Miah, who has been cleared of August 21 grenade attack charges through investigation, is once again being brought in the scene as the real culprit by BNP, to save Tarique Rahman and other leaders of the party.

Some seven weeks after the Criminal Investigation Department submitted a supplementary charge sheet accusing BNP Chairperson Khaleda Zia's elder son Tarique and 29 others, BNP has once again claimed Joj Miah is the real culprit.

"I am thankful to Allah that the truth has unfolded in the latest investigation," Joj Miah told The Daily Star yesterday over the phone.

"The then state minister for home, the prime minister's son and other BNP leaders stand accused in the case. And to protect them, BNP is now accusing me. They almost saved them by imposing the blame on me back then," he added.

During the BNP-Jamaat alliance rule in 2005, Joj Miah, a petty criminal, was implicated in the August 21 grenade attack cases. The then CID obtained a confessional statement from him where he described the plot behind the attack and his involvement.

He alleged that underworld gang Seven Star Group led by Subrata Bain Shuvro, one of the most wanted criminals, carried out the attack.

The investigators also implicated ward-level AL leader and former ward commissioner Mokhlesur Rahman, claiming that Joj had identified Mokhlesur as one of the plotters.

The August 21 blasts, carried out in attempts to assassinate Awami League President Sheikh Hasina and other top leaders, killed 24 people including Ivy Rahman, wife of now President Zillur Rahman. Hasina and other AL top brass narrowly escaped death.

Based on Joj Miah's confessional statement, the then BNP-Jamaat administration was about to conclude the investigation. However, Joj's weak statement drew strong media scrutiny, and it was proven to be false and fabricated.

At one point, Joj's sister revealed to the media that CID had been paying the family Tk 2,500 per month as allowance since her brother's arrest.

Contacted, current investigation officer of the case, CID's Special Superintendent of Police Abdul Kahar Akand, declined to talk about BNP's latest claim regarding Joj Miah.

"I'd only say Joj Miah's story was nothing but a staged drama," said Akand, who submitted the latest supplementary charge sheet in July.

The supplementary charge sheet mentioned that confessional statements of Joj Miah and two others "have been proven to be fabricated and a lie".

Three former CID officials are now facing criminal charges for their role in obtaining false confessional statements and diverting the case to wrong direction hiding the real culprits. They are now in jail as accused in the August 21 grenade attack cases.

Meanwhile, BNP leaders on the seventh anniversary of the attack on Sunday said the CID during their tenure had rightly implicated Joj Miah in the cases.

"The supplementary charge sheets are politically motivated," said BNP Joint Secretary General Ruhul Kabir Rizvi at a press briefing at the party's central office on Sunday.

In response to the BNP claim, Joj Miah said, "The truth has now come in the light. Previously, CID had forcefully obtained the confessional statement from me during my detention."

"Back then, I couldn't say anything to anyone. Even the magistrate who took my statement was their man," he told The Daily Star.

The latest supplementary charge sheet says that Tarique Rahman gave Harkatul Jihad al Islami (Huji) leaders the go-ahead to stage the grenade blasts a few days before the attack.

The attack was the outcome of collaboration between Huji, influential leaders of BNP and Jamaat, and some officials of the home ministry, police, Directorate General of Forces Intelligence, National Security Intelligence and Prime Minister's Office, it said.

Source : The Daily Star 

Factory, shop fined for pollution

The Department of Environment (DoE) yesterday fined a washing factory and a food shop for polluting environment in the capital's Uttara area.

A DoE team in a drive fined Intraco Washing Plant Tk 12.48 lakh for dumping untreated chemical waste into a nearby canal through drains.

Intraco Design Ltd, a garment factory, set up the washing plant in Dakshin Khan residential area in Uttara without the department's clearance, said DoE Director Mohammad Munir Chowdhury.

It has been running without any effluent treatment plant, he said.

The factory owner has been asked to remove the unauthorised washing plant from the residential area within a month.

The team also fined Captain's World, a food shop, Tk 30,000 for causing noise pollution with electric generators beyond permissible level in sector-4 of Uttara.

The noise levels of the shop's two generators were found at 97 and 85 decibels while the permissible level is 70 decibels, said Munir.

The shop owner has been directed to keep the noise level within the permissible level.

Source : The Daily Star 

Rebels wage final battle for Tripoli: World powers back Libya opposition; Gaddafi's sons detained

Libyan rebels yesterday declared the "Gaddafi era" over after taking control of most of Tripoli, as jubilant fighters streamed into the capital to join battles near the strongman's compound.

Rebel commanders say they have taken control of about 80 percent of the capital, including the headquarters of state TV.

World leaders hailed the rebels' dramatic rout on Sunday of loyalist forces in Tripoli, urging Muammar Gaddafi to admit defeat, as Libyans around the world celebrated the veteran leader's imminent downfall.

"The Gaddafi era is over," rebel chief Mustafa Abdel Jalil told a news conference in Benghazi, eastern Libya, reports AFP.

Gaddafi was a hunted man yesterday as loyal remnants of his forces made a last-ditch stand in the capital.

Rebel leader Mustafa Abdul Jalil, head of the National Transitional Council (NTC), told a news conference yesterday afternoon that he had no idea where Col Gaddafi was.

The rebels now claim to have detained three of Col Gaddafi's sons -- Saif al-Islam, Muhammad and Saadi.

Saif has been indicted with his father for crimes against humanity. The International Criminal Court in The Hague is negotiating his transfer.

Two other sons, Khamis and Mutassim, were reported by Arab media to be with those still fighting.

Nearly 48 hours after a pincer thrust on Tripoli by the irregular rebel armies, launched in tandem with an uprising in the city, Gaddafi's tanks and sharpshooters appeared to hold only small areas, including his Bab al-Aziziya headquarters.

Gaddafi loyalists remain in control of the streets around the Rixos Hotel, where many Western journalists are based.

And rebels fighting in the west of the city were pushed back late on Monday.

"We are bracing ourselves for another night of intense street fighting," a Tripoli resident told the BBC.

Civilians, who mobbed the streets late on Sunday to cheer the end of dictatorship, stayed indoors as gunfire crackled. Gaddafi's prime minister showed up in Tunisia.

More Libyan embassies abroad hoisted the rebel flag.

Laila Jawad, 36, who works at a Tripoli nursery, told Reuters after the rebels swept into the city: "We are about to be delivered from the tyrant's rule. It's a new thing for me.

"I am very optimistic. Praise be to God."

But after a defiant audio address on Sunday, urging citizens to take up arms against rebel "rats", no more was heard from a man who is one of the world's longest ruling leaders and who vowed do die fighting rather than surrender.

Various officials said they did not know where he was.

Gaddafi's prime minister, Al Baghdadi Ali al-Mahmoudi, arrived late on Sunday on the Tunisian island of Djerba -- a favoured location for defectors and negotiators from Tripoli. Local sources could give no account of what he was doing there.

A rebel official in the eastern city of Benghazi, seat of the opposition National Transitional Council, said some of its representatives had slipped in to Tripoli in recent days to make contact with authorities hitherto loyal to Gaddafi with the aim of averting a breakdown of order in the capital.

There have been concerns that tribal, ethnic and other divisions among the diverse armed groups opposed to Gaddafi could lead to the kind of blood-letting seen in Iraq after the overthrow of Saddam Hussein. However, the presence of former Gaddafi aides in the rebel camp is cited by some as cause to hope the opposition can prove more inclusive than that in Iraq.

NTC head Mustafa Abdel Jalil, who was Gaddafi's justice minister until joining the revolt in February, told a news conference in Benghazi: "I call on all Libyans to exercise self-restraint and to respect the property and lives of others and not to resort to taking the law into their own hands."

Reuters correspondents saw rebel forces hunt sharpshooters from building to building. Sporadic gunfire and shelling kept civilians off the streets, waiting anxiously for the fighting to end after a brief outpouring of jubilation late on Sunday.

"Revolutionaries are positioned everywhere in Tripoli," said a senior rebel in the city, who used the name Abdulrahman.

"But Gaddafi's forces have been trying to resist.

"There is gunfire everywhere," he added, saying government tanks were in action near Tripoli's Mediterranean port and downtown near Gaddafi's Bab al-Aziziya compound. "Snipers are the main problem," he said. "There is a big number of martyrs."

A government official told Reuters 376 people on both sides were killed, and about 1,000 wounded, though it was unclear how the figures were arrived at. At the Rixos Nasr hotel, where the government had obliged foreign reporters to stay throughout the war, pro-Gaddafi guards prevented journalists from leaving.

WORLD REACTION
Western powers who deployed air power in support of various rebel groups in different regions, urged the "Brother Leader" to accept his 42 years of absolute power were over, and to end the bloodshed after six months of civil war that has ebbed and flowed erratically across the sparsely populated desert nation.

US President Barack Obama in a statement: "The momentum against the Gaddafi regime has reached a tipping point. Tripoli is slipping from the grasp of a tyrant."

UK Prime Minister David Cameron said the Libyan leader had "committed appalling crimes against the people of Libya and he must go now to avoid any further suffering for his own people".

Russia and China also issued statements saying they were willing to accept what the Libyan people decided, and hinted that Col Gaddafi should step down.

POPULAR REJOICING
Civilians had flocked late on Sunday to Green Square, long the showpiece of the leader's personality cult, waving rebel flags. Some said they would rename it Martyrs' Square.

Young men burned the green flags of the government and raised the rebel tricolour last used by the post-colonial monarchy which Gaddafi overthrew in a military coup in 1969.

But yesterday, a Reuters correspondent with rebels moving in from the west watched commanders of the irregular force try to hold their men back from rushing ahead in the city, insisting they check buildings methodically for snipers.

It was slow work and there will little sign of coordination between rebel units. The all-green flags of the Gaddafi government were still hanging in many streets -- an indication that rebels did not feel safe enough to rip them down.

"We just arrived and our priority is to secure the city," said Hisham Bourajad, a commander of what he described as the Tripoli Revolutionary Brigade as his force probed forward.

Source : The Daliy Star 

German central bank slams EU debt rescue measure

The German central bank expressed concern on Monday over measures taken at a July 21 European summit to help Greece, saying they could undermine budgetary discipline and increase risks for creditors.

'The recent decisions transfer several risks to creditor countries and their taxpayers and mark a new major step towards a mutual sharing of risks in the case of fragile public finances and economic errors by certain eurozone countries,' the Bundesbank said in its monthly report for August.

On July 21, European heads of state and government approved a second Greek rescue package worth some 160 billion euros and an extension of the capacity of the European Financial Stability Facility.

Those measures 'weaken the foundations of the currency union' which is based on 'fiscal responsibility and discipline through the capital markets,' the Bundesbank said.

Because the move did not simultaneously provide creditor countries with much influence or control over budget practices in the countries in question, they might find it easy to build up more debt, the German central bank argued.

It criticised in particular the purchase of

sovereign bonds by the European Central Bank, which also reduced the motivation to adopt 'appropriate financial policies,' it said.

After lying dormant

for several months, the ECB bought 22 billion euros ($32 billion)

worth of sovereign bonds last week, a move that

supported Italy and

Spain.

The EFSF is to take over such bond purchases from the ECB once national parliaments have approved the decision.

Source : New Age

Humidity, volatility fail to deter banker flow to Asia

Abhay Pande is getting adjusted to Singapore's year-round heat and tropical humidity. His living space is tighter, compared to the New York home where he and his family used to live.

Though the Citigroup banker misses the summer breeze and ample room of his suburban, US Northeast life, he was pleased to find his work schedule buzzing with activity, the minute he arrived in Asia.

'They asked JFK why he was running for president and he said: 'That's where the action is.' Professionally, this part of the world is where the action is,' said Pande, Citi's head of industrials global banking for Southeast Asia. He arrived in Singapore about two weeks ago with his wife and two children.

Asia's financial markets are down this year, and while hiring continues in certain areas, the industry is a long way off from its high-flying days before the credit crisis.

Still, a steady stream of US and European-based bankers continue to make the long trek East, to cities like Hong Kong and Singapore, where the overall fee pool is smaller but where economic growth keeps business opportunities flowing.

The volume of primary stock offerings has grown every year since 2008, with Hong Kong the top city for IPOs globally the last two, at one point hosting more offerings than New York or London combined. Bond issuance hit a record last year.

Asia billionaires reached a record high of 332 this year according to Forbes magazine. That has helped fuel demand for jobs in Singapore, where Asia's wealth management industry has historically been based.

'Over the next 20 to 40 years, Asia is going to be the principal growth driver for the global economy,' Pande said.

Rajiv Lulla recently moved to Hong Kong, looking to get closer to Asian markets and to his family in India.

Lulla, Asia head of transportation investment banking for Bank of America-Merrill Lynch, started in the new job about three months ago.

He was previously based in Paris, where his wife would buy fresh produce and groceries every morning in a street market next to the home where they lived with their two sons.

She now slogs through Hong Kong's famous wet markets, walking past loud and smelly stalls of bloody fish heads, dried seahorses and murky tanks of eels, bass, crabs and other crawling, slithering ocean life.

For those who prefer, expensive foreign produce and meats are available too in the high-end markets located closer to Hong Kong's Central district, and the island's upscale south side.

'Hong Kong is unique in that it provides tremendous opportunity to immerse yourself in the Chinese culture, but still retains the comforts of the west and what you're used to,' said Lulla, who was unpacking the last boxes from the move last weekend.

Source : New Age

Germany to balance finances sooner than expected

Germany, Europe's powerhouse economy, said Monday it would balance its public finances sooner than expected, slashing this year's projected budget deficit to 1.5 per cent from 2.5 per cent.

As eurozone partners work on ever tighter austerity plans to balance their books, Germany leads the pack in the strength of its finances — it had a 2010 deficit of 3.3 per cent, just above the EU ceiling of 3.0 per cent despite having spent heavily on stimulus programmes to offset the worst recession since 1945.

'The positive development this year will continue until 2015, which will allow us to balance the accounts in 2014,' the ministry said in a monthly report published on its Internet site.

Germany previously aimed to balance its finances by 2016 under a law requiring the government to ensure that it does not overspend.

The public deficit — the shortfall between revenues and spending — includes regional state budgets along with those of municipalities and the national social security system.

Under the terms of the EU's Stability and Growth Pact, governments are not supposed to exceed a public deficit of 3.0 per cent of Gross Domestic Product and must work towards a balance or even surplus in times of economic growth.

Total accumulated debt, meanwhile, 'will fall between now and the end of the year to 80 per cent of GDP and will thus be about three percentage points lower than in the previous year,' the ministry's report said.

In 2015, Germany forecasts public debt equivalent to 71 per cent of GDP, down from 2010's 83.2 per cent — still well above the EU limit of 60 per cent but positive compared with, for example, Italy's 120 per cent.

Germany, which underwrites a large share of the eurozone rescue packages, is getting its own finances in order on the back of strong economic activity that has helped cut unemployment.

The narrowing public deficit might give the conservative-liberal government coalition a chance to implement tax cuts in time for elections in 2013.

That could help boost domestic consumption which appears threatened by constant discussion of bailout packages for partner countries on the eurozone's southern rim.

Source : New Age

Japan signals readiness to intervene in currencies

Japan will take decisive action against any speculative moves in the currency market, finance minister Yoshihiko Noda said, signalling Tokyo's readiness to intervene to stem further yen rises after its spike to a record high last week.

Noda said he saw recent yen rises as even more one-sided than before and that Tokyo would exchange information closely with other countries regarding currencies, suggesting it would stay in frequent contact with its Group of Seven partners.

'We will watch markets even more closely than before to see whether there is any speculative activity. We won't rule out any measures and will take decisive action when necessary,' Noda told reporters on Monday.

Noda, prime minister Naoto Kan and top government spokesman Yukio Edano all repeated the phrase throughout the day, a sign that it has become the new line Tokyo would use to warn markets that intervention is an imminent possibility.

Market expectations of currency intervention briefly sent the dollar to a one-and-a-half week high of 77.23 yen on Monday, off the record low of 75.95 yen hit last Friday.

But prospects of intervention failed to offset stock market worries about slowing US growth, pushing Tokyo's Nikkei average .N225 to a five-month closing low.

Tokyo intervened unilaterally in the currency market and eased monetary policy on August 4. But the steps have not stopped investors from seeking the yen as a safe haven against risk.

Trade minister Banri Kaieda, who along with Noda is a contender to replace Kan when he steps down as early as the end of this month, said on Monday it would be best if Japan and the United States could jointly intervene in the currency market, according to Kyodo news agency.

'Intervention is aimed at teaching (market players) that if they buy the yen too much, they will get burned,' he said.

But Kaieda does not have jurisdiction over currency policy, and was likely expressing his hope than signalling that any serious negotiation with Washington has taken place.

Markets are bracing for another round of intervention but doubt whether it will be effective in sustainably weakening the yen, particularly with little chance that Tokyo can persuade its G7 counterparts to act jointly in the currency market.

'I don't think Japan will intervene as long as the dollar stays around current levels above 76.50 yen. But if it falls back below 75, it may step in. The authorities are ready to act at any time and that's probably the message they are trying to send,' said Naoki Iizuka, senior economist at Mizuho Securities.

'Stock prices may briefly rally if Tokyo intervenes. But it would be difficult to change the market's (weak-dollar) trend.'

If the government were to intervene, the BoJ is ready to support the yen-weakening effort by holding off from draining the extra yen that flows to the markets via intervention, and possibly by easing monetary policy further.

The BoJ will consider loosening policy, possibly before its next rate review in September, if yen gains push down Tokyo stock prices enough to hit business sentiment, sources familiar with the central bank's thinking have said.

Policymakers, however, are caught in a dilemma. They know the limits of trying to stem yen rises with policy action. But if they hold off on meeting words with action for too long, the effect of verbal warnings will quickly fade.

Upcoming events that may drive down the dollar, such as Federal Reserve chairman Ben Bernanke's speech on Friday in Jackson Hole, Wyoming, and US payrolls data on September 2, may also wipe out any yen-weakening effect if Tokyo acts now.

Source : New Age