Breaking News
April 30, 2022 - Plastic pollution: A serious threat to environment
April 22, 2022 - Sheikh Rakibul Karim, CEO (CC) of Guardian Life Insurance Limited (GLIL) and Adil Islam, Country Head of Bank Al- Falah Limited, exchanging document after signing an agreement in the capital recently. Under the deal, all the employees of the bank and their families will enjoy group insurance benefits. Top officials from both sides were present.
April 22, 2022 - Walton gets huge customers response to its digital campaign
April 17, 2022 - FBCCI President Md Jashim Uddin speaks at a seminar organised by the apex trade body at its office in the capital on Saturday.
April 17, 2022 - Kyser Hamid, Managing Director and CEO of Bangladesh Finance, inaugurating the new branch of Bangladesh Finance Securities at Chowhatta in Sylhet recently. A.H.M Nazmul Hasan, Managing Director and CEO of Bangladesh Finance Securities, Borun Prasad Paul, Managing Director and CEO of BD Finance Capital Holdings Limited and local elite were present.
April 15, 2022 - Mobile money industry processes record $1.0t globally in 2021
April 15, 2022 - BSCIC fair begins in city
April 15, 2022 - Promote ‘Made in Bangladesh’ brand
April 13, 2022 - Trust deed signed for Tk100cr Golden Jubilee Fund
April 13, 2022 - E-commerce thrives in Bangladesh rapidly
April 13, 2022 - Farman R Chowdhury, Managing Director and CEO at Al-Arafah Islami Bank Limited and Syed Mohammad Kamal, Country Manager of Mastercard Bangladesh, pose for photo after launches the country’s first contactless Islami debit and prepaid cards at a hotel in the capital on Tuesday. Other top officials from both sides were present.
April 13, 2022 - Ibrahim new CEO of PPP Authority
April 7, 2022 - Eshita made first Bangladeshi Bikroy.com CEO
April 7, 2022 - Nasimul Baten, Managing Director and CEO of Delta Brac Housing Finance Corporation Limited (DBH), inaugurating its 13th branch at Moni Chottor in Shaheb Bazar of Rajshahi city on Sunday. A K M Tanvir Kamal, DMD & Head of Credit, Saiyaf Ejaz, Head of Administration & Recovery, Md. Zakaria Eusuf, Head of Loan Operations, Sabed Bin Ahsan, Head of Deposits, Business Planning & Alternate Channels and other senior officials of the company were present.
March 21, 2022 - No cut in VAT on beauty parlour services
March 17, 2022 - Berger inaugurates new flagship outlet in Chittagong
March 17, 2022 - Nagad, Dana enables financial access to the underserved
March 17, 2022 - Abdus Salam Azad, Managing Director & CEO of Janata Bank Limited, presiding over the Branch Managers Conference by Rajshahi Division held at a local hotel recently. K M Shamsul Alsm, Director and other executives of the bank were present.
March 12, 2022 - Digital economy will make transaction faster and reliable: Experts
March 12, 2022 - Film can inspire new gen with Liberation War spirit: Hasan
March 12, 2022 - Price hike of essentials is as usual, says NBR chairman
March 10, 2022 - Asif Mahmood, Chairman of ADN Group, cutting a cake marking The International Women’s Day 2022 at its head office in the capital on Tuesday. Zahir Ahmed, Shahriar Akbar Chowdhury, Vice Chairmen and other senior officials of the company, were present.
March 10, 2022 - Walton launches panel to ensure welfare, rights of female workers
March 10, 2022 - DCCI places 40-point budget proposal
March 6, 2022 - Shafaat Ali Choyon, Head of Marketing and Corporate Sales of Praava Health and Rudaba Tazin Aditi, Director (Admin) of Runner Group, exchanging document after signing an agreement in the capital on Wednesday. Under the deal, which all Runner Group and its sister concern employees and their family members will get an exclusive offer on different services from Praava health. Senior officials from both sides were present.
March 6, 2022 - 22-carat gold price jumps to Tk 78,000 a bhori
March 6, 2022 - ICMAB arranges workshop on VAT compliance
March 6, 2022 - Inflation is the ‘cruelest tax’ for marginalised people: SANEM
March 6, 2022 - Taka marks golden jubilee of its inception
March 4, 2022 - ICSB urged upon NBR to bring focus of Corporate Governance in the ensuing National Budget
Britain votes to leave EU, PM resigns

Britain votes to leave EU, PM resigns

LONDON: Britain voted to break away from the European Union, toppling Prime Minister David Cameron and dealing a thunderous blow to the 60-year-old bloc that sent world markets plummeting on Friday.

Cameron announced he would step down to make way for a new leader by early October after voters opted to exit the 28-nation alliance in defiance of his predictions of economic disaster and isolation.

Britons, many of them worried by immigration, decided 52 percent to 48 percent in favour of quitting the bloc, a margin of more than one million votes, according to final results from Thursday’s referendum.

“The British people have voted to leave the European Union and their will must be respected,” Cameron said, as the shockwave of their decision sent sterling, global stocks and oil prices plummeting.

Britain will be the first country to leave in the history of the EU, the culmination of decades of suspicion over European aims of creating an ever-closer political union.

The result — after a deeply polarising and often vitriolic campaign — also threatens the very unity of the United Kingdom, with Scotland unwilling to follow the rest of the country out of the EU.

The Conservative prime minister promised to try to “steady the ship” over the next few months but said a new leader should be installed by early October.

“I do not think it would be right for me to try to be the captain that steers our country to its next destination,” he said outside his official Downing Street residence in London.

The bookmakers’ favourite to replace him is former London mayor Boris Johnson, a rival from within his ruling Conservative Party who was the “Leave” camp figurehead.

– ‘Independence day’ –

“Let June 23 go down in our history as our independence day,” said top anti-EU campaigner Nigel Farage, leader of the UK Independence Party, who had promised Britons the chance to retake power from Brussels and rein in high immigration.

“We’ve done it! We’ve won!” anti-EU campaigners shouted at the festivities in an office block in Westminster, popping open champagne bottles as “Leave” victories flowed in. “Out! Out! Out!”, they chanted as dawn broke.

Immigration and an erosion of financial security have become rallying cries for populists across Europe, just as they have for Donald Trump’s campaign in the US presidential election.

Trump hailed the British vote as he arrived in Scotland to unveil a refurbishment of his Trump Turnberry golf course, shortly after the results became clear. “I think it’s a great thing. I think it’s a fantastic thing,” he told reporters.

– ‘Madhouse’ –

The result of the vote sent sterling collapsing 10 percent to touch a 31-year low of $1.3229. European stock markets dropped around eight percent at the opening bell. British banking shares lost a quarter of their value in morning trade.

The Bank of England promised to take “all necessary steps” to secure market stability.

“It’s a madhouse in here. It has been a bloodbath. Carnage,” said David Papier, head of sales trading at foreign exchange house ETX Capital in London.

Voters appeared to have to shrugged off warnings that a Brexit would create a budget hole requiring spending cuts and tax increases once they lose unfettered trade access to the EU.

Their decision will reawaken fears of a domino-effect ripple of exit votes in eurosceptic member state that could imperil the integrity of the bloc, already struggling with twin economic and refugee crises.

Dutch far-right MP Geert Wilders and French National Front leader Marine Le Pen immediately called for referendums on EU membership in their own countries.

“The eurosceptic genie is out of the bottle and it will now not be put back,” Farage said.

The referendum means the world’s fifth-largest economy must now go it alone in the global economy, launching lengthy exit negotiations with the bloc and brokering new deals with all the countries it now trades with under the EU’s umbrella.

– ‘Sad day’ –

European Commission chief Jean-Claude Juncker has warned the EU will “not be bending over backwards” to help Britain in those negotiations. Analysts say it could take the island nation a decade to secure new trade accords worldwide.

“It looks like a sad day for Europe and the United Kingdom,” German Foreign Minister Frank-Walter Steinmeier said on Twitter.

In a worst-case scenario, the International Monetary Fund has warned that the British economy could sink into recession next year and overall economic output would be 5.6 percent lower than otherwise forecast by 2019, with unemployment rising back above six percent.

Thousands of jobs in the City could be transferred to Frankfurt or Paris, top companies have warned. The Brexit camp argued that the business world will adapt quickly, however, with Britain’s flexible and dynamic economy buoyed by new economic partners and selective immigration.

– Split in two –

The campaign has left Britain riven in two, marked by the brutal murder of pro-“Remain” British lawmaker Jo Cox, a mother of two who was stabbed, shot and left bleeding to death on the pavement a week ahead of the vote.

Two years after Scotland voted in a referendum to remain in the United Kingdom, its political leader First Minister Nicola Sturgeon has said a new independence vote is “definitely on the table” after Britain voted against the majority will expressed by Scots.

“Scotland sees its future as part of the EU,” Sturgeon told television news after the vote.

Northern Ireland, which is part of the United Kingdom, is now faced with the prospect of customs barriers for trade with EU-member the Republic of Ireland. Irish republicans Sinn Fein called for a vote on Irish unity following the referendum.

Leaders of the European Union, a bloc born out of a determination to forge lasting peace after two world wars, will open a two-day summit on Tuesday to grapple with the British decision.

About author

AWARD

Pori to act in Tauquir’s next

Pori to act in Tauquir’s next

RN Desk;Pori Moni will be seen as the heroine in Tauquir Ahmed’s next film. She will be accompanied by Lux…

Reflection Team

বাংলা

আবদুল্লাহ বঙ্গবন্ধুর আদর্শের পরীক্ষিত সৈনিক ছিলেন: প্রধানমন্ত্রী

আবদুল্লাহ বঙ্গবন্ধুর আদর্শের পরীক্ষিত সৈনিক ছিলেন: প্রধানমন্ত্রী

: প্রধানমন্ত্রী শেখ হাসিনা ধর্ম বিষয়ক প্রতিমন্ত্রী ও একাত্তরের মুক্তিযুদ্ধের প্রবীণ নেতা অ্যাডভোকেট শেখ মোহাম্মদ আবদুল্লাহর মৃত্যুতে শোক জানিয়েছেন। এক…

Recent Video

Photo Gallery

Folder not found
wp-content/uploads/2012/02/