It is planned to bring Uzbekistan’s gross domestic product to $200 billion by 2030 and the GDP per capita at $5,000, which is above the initial forecasts, the First Deputy Economy Minister Ilkhom Norkulov announced after a meeting with the president on Thursday. In 2022, the authorities set a goal of achieving a GDP of $160…
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When the construction of the Padma Bridge was finally completed in 2022, Sheikh Hasina and her cronies gloated that they had shown the world that Bangladesh can build a bridge with its own money. Indeed, the bridge was almost entirely self-financed, though the construction cost was highly inflated. But this encouraged Hasina to make even…
President Mohammad Shahahuddin has said he has no documentary proof of the resignation of ousted Bangladesh prime minister Sheikh Hasina. “I have heard that she has resigned. However, I do not have any documentary proof. Despite trying hard, I couldn’t obtain it,” he told Manab Zamin Chief Editor Matiur Rahman Chowdhury, who met the president…
The German government on Wednesday slashed its 2024 forecast for Europe’s largest economy, saying it will contract for a second straight year before a recovery gets under way in 2025. Output is expected to shrink by 0.2 percent in 2024, the economy ministry said in a statement, a sharp downgrade from the 0.3-percent expansion previously…
MG Motor, BYD and other Chinese electric car manufacturers say they will maintain their low sticker prices in Europe even after being hit with hefty tariffs this month. MG, the best-selling Chinese electric car brand in Europe, says it will guarantee its prices until the end of 2024, having stockpiled cars before the duties took…