Due to limited capacity and market constraints, Bangladesh’s local financial institutions traditionally could not meet the longer-term financing demand for infrastructure investments in the country.
Donald Trump’s economic policy can best be described as guns, butter and bridges.
Global Sea levels have been rising at an alarming rate this century.
Since 1900, the recorded rise in sea levels has been documented at the rate of 0.6 inches per decade but post 1992, recorded levels have seen an increase to 1.2 inches per decade – a significant rise in the last 2000 years. This indicates future surges in tidal flows in coastal regions with high tides and storms.
On the occasion of the establishment of the Asian Infrastructure Investment Bank (AIIB) with its official launching in Beijing, Asian Development Bank (ADB) President Takehiko Nakao has sent his congratulations to the AIIB founding members, Jin Liqun, who was just officially made the first president of AIIB, and the staff of the multilateral secretariat who have been preparing the establishment of this new institution.