Nobel laureate Muhammad Yunus to head interim government in Bangladesh
Muhammad Yunus is is the founder of pioneering microlender Grameen Bank and one of Bangladesh’s most prominent figures. Photograph: Mahmud Hossain Opu/APNobel laureate Muhammad Yunus will head an interim government in Bangladesh after prime minister Sheikh Hasina stepped down and fled the country amid a mass uprising against her rule led mostly by students. “We have decided that an interim government will be formed in which internationally renowned Nobel laureate Muhammad Yunus, who has wide acceptability, will be the chief adviser,” Nahid Islam, an organiser of the Anti-Discrimination Student Movement, said in a video statement early on Tuesday. [ Who is Nobel laureate Muhammad Yunus, Bangladesh protesters’ chosen chief adviser?Opens in new window ]“We have spoken to Dr Muhammad Yunus and, at the call of the students and to protect Bangladesh, Dr Muhammad Yunus has decided to take on the responsibility.”An official from Dr Yunus’s office confirmed that he had accepted the students’ request. Ms Hasina, who claimed a fifth term in power this year after a disputed election, had ruled with an increasingly authoritarian hand.
Source:The Irish Times
August 07, 2024 05:05 UTC
Serious business begins for Rhasidat Adeleke with no room for error in 400m semi-finals
That’s because there can be a big difference between a win in the semi-final and a runner-up finish. Mark English opens his campaign in the men’s 800m heats at 11.03am, the Donegal athlete looking for a top-three finish to avoid the repechage. A top-three finish will be needed to advance. Healy was frustrated to miss the automatic path to the semi-finals having faded in the final 50m yesterday. In the 400m repechages, Sharlene Mawdsley simply didn’t have enough down the home straight to secure qualification, finishing third in 51.18.
Source:Irish Independent
August 07, 2024 04:33 UTC
Olympics Day 11: Kellie Harrington wins Ireland’s fourth gold medal at Paris Olympics with commanding performance in Women's lightweight final
Kellie Harrington delivered yet another outstanding performance as she defended her Olympic Lightweight crown to bag gold against Yang Wenlu of China. The 34-year-old Dubliner took gold in Tokyo 2020, and now repeats the glorious double in Roland Garros at the 2024 Paris Games. Day 12 whets the appetite once again for the Irish athletes in the French capital. Sophie O’Sullivan and Sarah Healy go in the 1500m repechage heats at 11.45am and 11.57am respectively. The main event of the day for Team Ireland features Rhasidat Adeleke in the 400m semi-finals at 7.45pm to round the day off.
Source:Irish Independent
August 07, 2024 01:34 UTC
The Irish Times view on the UK riots: a fracture in the social fabric
The rioting which has erupted across the UK over the last week poses the first major test for the country’s new Labour government, just a month after it took power. Inflamed by far-right propaganda, the riots represent a violent assault on the values of tolerance which have long been a characteristic of British civil society. READ MOREYet again there are questions to be asked too about the role of social media platforms, which appear impervious to regulation or restraint. The challenge for the new government, therefore, is not confined to restoring order and ensuring those responsible are brought to justice. Once that is done, the underlying fractures in the social fabric which the disturbances have exposed will remain to be addressed.
Source:The Irish Times
August 06, 2024 23:25 UTC
Tulelake Shindig Street Fair and Bazaar continues to grow
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Source:The Herald
August 06, 2024 22:42 UTC
Children can 'meet a pilot' in Edenderry Library next week
Children can 'meet a pilot' in Edenderry Library next weekA 'meet a pilot' event for children under the age of 12 will take place in Edenderry Library next week. Pilot Lorna Bagnall will talk to the children about her chosen career when she visits the library on Thursday, August 15, at 11am. The library can be contacted at: (046) 9731028. The 'meet the pilot' event is part of a summer series which has been giving local children a chance to meet with people working in various occupations, including a Garda, a firefighter and a nurse. A 'meet the librarians' event is also being planned and will take place the following Thursday, August 22, at 11am.
Source:Irish Independent
August 06, 2024 21:39 UTC
High Street lenders must be better prepared for a financial crisis, Bank of England warns
High Street lenders must improve their crisis plans to prepare for a potential collapse, the Bank of England said yesterday. Barclays, HSBC, Lloyds and Standard Chartered were among those told that they need to be more prepared for a potential failure. Standard Chartered was singled out as having a ‘shortcoming’ in its proposal to plan for the execution of its identified restructuring options. Threadneedle Street also identified that Standard Chartered, Barclays, HSBC, Lloyds and Virgin Money UK had ‘areas for further enhancement’. The Bank’s executive director Ruth Smith said: ‘The findings provide ongoing reassurance a major bank could enter resolution safely if needed.
Source:Daily Mail
August 06, 2024 21:34 UTC
'Robust' demand sees oil giant Saudi Aramco pay a record $124bn in dividends this year
Gushing money: Aramco's dividends have been growing at an annual pace of roughly 30%Saudi Aramco confirmed it will pay more than $124billion in dividends this year as the oil giant warned the market was underestimating the demand for oil. Amin Nasser, chief executive of the world’s largest oil company, said: ‘We continue to be surprised on the upside in terms of demand. We see it from all markets in spite of what’s happening in the energy transition.’Aramco’s dividends have been growing at an annual pace of roughly 30 per cent, putting it on track for a record annual payout of $124.2billion. Rival ExxonMobil returned $32.4billion to shareholders in dividends and buybacks for 2023. Aramco’s financial results showed its net income for the three months to the end of June fell to $29billion, down from $30billion a year earlier.
Source:Daily Mail
August 06, 2024 21:33 UTC
Olympics Day 12: Mark English runs stunning 800m heat after Sarah Lavin qualifies for 100m hurdles semi-final
Photo: Reuters/Isabel InfantesIreland's Stephanie Meadow of Team Ireland tees off on the first hole during day one of the women's individual stroke play at Le Golf National in Paris today. Photo: Andrew Redington/Getty ImagesIreland's Sarah Lavin after finishing second in her heat of the women's 100m hurdles heats at the Stade de France today. On the track, Sarah Lavin needs a top-three finish at 9.15am to qualify for the women’s 100m hurdles semi-finals. Donegal’s Mark English competes in the men’s 800m at 11.03am – having lowered his own Irish record in the event twice this season. At 7.45pm tonight, Rhasidat Adeleke looks for a 400m final place, with the top two semi-finals automatically advancing to the final.
Source:Irish Independent
August 06, 2024 21:13 UTC
Goal-crazy Milltown secure emphatic first round victory
Milltown’s Louise Kiernan about to be tackled by St Joseph’s duo Kayla McDonnell and Karen Keegan during the Westmeath LGFA Senior Championship game at Streamstown last Thursday. Goal-crazy Milltown secure emphatic first round victoryMilltown 6-12 St Joseph's 2-8A stunning 4-1 from Sarah ‘Scut’ Dillon tells only some of the story as Milltown got their championship title defence off to a strong start against newcomers St Joseph’s, on a fine evening in Streamstown last ThursdayThe fight for the Jack Lyster Memorial Cup began with last year's intermediate winners, St Joseph’s, facing reigning champions for the third time in succession, Milltown. Scorers - Milltown: S Dillon 4-1 (0-1f), G Byrne 0-5, L Slevin 0-4 (2f), O Sheerin, C Donohue 1-0 each, R Dillon, C Dillon 0-1 each. St Joseph’s: S Robbins 1-3 (1-0pen, 1f), C Elliffe 1-0, K Keegan 0-2, C McCormack, A Keegan, L Conlon 0-1 each. St Joseph’s: Emer Killian; Jennifer Barrett, Orla Robbins, Ellie Conway; Joyce Conway, Roisín Killian, Kayla McDonnell; Aoife Keegan, Claire Conlon; Lauryn McDonnell, Sinéad Robbins, Niamh Kearney; Síle Kearney, Karen Keegan, Keelin Robbins.
Source:Irish Independent
August 06, 2024 19:26 UTC
Blackrock raises stake in Bank of Ireland, while Goldman Sachs cuts holding in PTSB
Investment giant Blackrock, meanwhile, has lifted its holding in Bank of Ireland to just over 9pc from almost 8.8pc. Last week, Bank of Ireland – whose CEO is Myles O’Grady – announced that it had made a €1.1bn pre-tax profit in the first half of 2024. The State sold the last of its shares in Bank of Ireland in 2022. The bank is at a disadvantage compared with bigger rivals AIB and Bank of Ireland in the mortgage market. Bank of Ireland upgraded its earnings guidance for 2024 on the back of its first-half results.
Source:Irish Independent
August 06, 2024 19:07 UTC
Ireland quartet end seven-year journey to make history in women’s team pursuit
A seven-year journey which started with a talent identification scheme in 2017 reached a climax with a new national record of four minutes 12.447 seconds on the boards of the Saint-Quentin-en-Yvelines velodrome. “We’re the first ever team pursuit to qualify for Ireland. “We have a Whatsapp group with our fitness coach and it’s called ‘4:12’, that’s been the target on the dartboard. Gillespie will ride in Sunday’s omnium, and also team up with Sharpe in the Madison on Friday. “I think we showed what we can do without even that facility so imagine what we could do when we have a pathway.
Source:The Herald
August 06, 2024 18:04 UTC
Herald: Goa reacts to landmark ST Reservation Bill
06 Aug 2024| 07:02am ISTGoa reacts to landmark ST Reservation BillRay of hope for political reservation for ST communities as bill introduced in LSTeam HeraldPanjim: Tribal leaders in the State have welcomed the introduction of the Readjustment of Representation of Scheduled Tribes Bill, 2024, in the Lok Sabha. In March this year, the Union Cabinet approved the Readjustment of Representation of Scheduled Tribes Bill, 2024, informed Gaonkar. Finally after so many years Goa will be getting the political reservation for ST communities. Along with this the political reservation is important for the future generation. Before that we met Governor P S Sreedharan Pillai, BJP State president Sadanand Shet Tanavade and Union Minister Shripad Naik in Delhi.
Source:The Herald
August 06, 2024 17:28 UTC
Google loses landmark US antitrust case over search dominance
A US federal judge has ruled that Google spent billions of dollars on exclusive deals to maintain an illegal monopoly on search. The proceedings will now enter a second phase in which the court will determine what remedies Google needs to take. The second Google trial is set to begin next month. In one victory for Google, the judge found that it did not have monopoly power in the search advertising market as plaintiffs had alleged. Shares of Google parent Alphabet were down more than 4 per cent on Monday amid a broad sell-off in US markets.
Source:The Irish Times
August 06, 2024 17:24 UTC