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US Eager to Boost Trade, Job Opportunities for Bangladeshis and Americans says Congressman Joe Wilson

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US Eager to Boost Trade, Job Opportunities for Bangladeshis and Americans says Congressman Joe Wilson

Congressman Joe Wilson, Co-Chair of the Bangladesh Caucus at the US Congress, has commended Bangladesh’s remarkable economic progress and expressed the United States’ interest in expanding trade relations and job opportunities between the two nations. Speaking as the chief guest at a reception hosted by the Bangladesh Embassy in Washington DC on July 20, Wilson praised Bangladesh’s strides toward becoming a trillion-dollar economy and its success in poverty reduction. The event celebrated the enduring partnership between Bangladesh and the US.

During the reception, Bangladesh Ambassador to the United States, Muhammad Imran, extended a warm welcome to the guests and thanked Congressman Joe Wilson for his positive remarks about Bangladesh-US relations and the country’s socioeconomic development. Ambassador Imran highlighted Bangladesh’s impressive socioeconomic transformation under the dynamic leadership of Prime Minister Sheikh Hasina. He emphasized the government’s efforts in creating equal opportunities and fostering an inclusive society to drive economic growth.

Elizabeth Horst, Principal Deputy Assistant Secretary of the Bureau of South and Central Asia at the State Department, and Brian Luti, Director for South Asia Regional Affairs at the National Security Council, were among the guests of honor who spoke at the event. They both highlighted the strong and broad partnership between Bangladesh and the US, with shared visions for a prosperous, peaceful, and democratic Bangladesh.

Congressman Wilson also introduced a resolution in the House of Representatives, lauding Bangladesh for hosting Rohingya refugees, underscoring the country’s significance in South Asia and its people’s hard work.

The reception was attended by dignitaries, including Alternate Executive Director of the World Bank Dr. Ahmad Kaikaus, ambassadors from Malaysia, the Maldives, Sri Lanka, and Sudan, as well as diplomats from various countries, US government officials, academicians, and members of civil society. Traditional Bangladeshi handicrafts were showcased, and guests were treated to authentic Bangladeshi cuisine.

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UK Inflation Crisis Threatens Lives and Widens Wealth-Health Gap, Study Warns

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The United Kingdom finds itself ensnared in an inflation-driven cost-of-living crisis, a predicament that, according to a recent study in the open-access journal BMJ Public Health, could have dire consequences, including premature deaths and an alarming exacerbation of wealth-related health disparities.

The study, underpinned by meticulous modeling, presents a grim prognosis. It anticipates that the percentage of individuals meeting an untimely demise (before the age of 75) will surge by an unsettling 6.5% owing to the prolonged period of elevated price levels. What’s particularly disconcerting is the disproportionate impact on the most economically disadvantaged households. The research predicts that these vulnerable segments of society will witness a fourfold increase in mortality rates compared to their more affluent counterparts. This grim disparity is exacerbated by the fact that the less privileged must allocate a larger share of their income to grapple with soaring energy costs.

The study’s focus was on the impact of inflation on mortality rates in Scotland during the years 2022-3. It took into account scenarios with and without potential mitigating measures, such as government interventions aimed at alleviating household financial burdens.

Analyzing the collected data, the researchers constructed models to explore the potential ramifications on life expectancy and socioeconomic inequalities for the entire United Kingdom if varying degrees of mitigation were enacted. The unmitigated scenario paints a bleak picture, projecting a 5% increase in mortality rates in the least deprived areas and a staggering 23% surge in the most deprived areas. However, with the implementation of mitigation measures, these figures diminish to 2% and 8%, respectively, albeit still contributing to an overall increase of approximately 6.5% in mortality rates.

This grim outlook extends to overall life expectancy, which is expected to decline in all scenarios. The study underscores a crucial point: the economy’s performance directly impacts public health. It highlights the detrimental consequences of inflation and reductions in real-term income, underlining the stark disparities in how these challenges affect different segments of the population.

In a sobering conclusion, the researchers emphasize that public policy responses, as currently formulated, are insufficient to safeguard public health and prevent the deepening chasm of inequality. The situation remains grim, despite a slight unexpected slowdown in UK inflation to 6.7% in August, though it still maintains its position as the highest among G7 nations. This inflation surge is attributed to a combination of factors, including the enduring impact of coronavirus lockdowns, Brexit, and the ongoing conflict in Ukraine.

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Amazon Commits $4 Billion Investment in AI Firm Anthropic

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Amazon has announced a substantial investment of up to $4 billion in the artificial intelligence company Anthropic. This move signifies Amazon’s entry into the fiercely competitive AI arena, which has thus far been dominated by major players like Microsoft, Google, and OpenAI.

Amazon’s CEO, Andy Jassy, expressed admiration for Anthropic’s team and foundational AI models, emphasizing the potential to enhance various customer experiences in both the short and long term through deeper collaboration.

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Emirates and SriLankan Airlines Forge Interline Agreement for Seamless Travel Connectivity

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Emirates and SriLankan Airlines have recently entered into a reciprocal interline agreement, aiming to enhance connectivity and convenience for passengers of both carriers. This strategic partnership facilitates seamless travel experiences, allowing passengers to access additional destinations on each other’s networks via Colombo and Dubai, all while utilizing a single ticket and enjoying the ease of baggage transfers.

For Emirates passengers, this interline collaboration provides access to a network of 15 regional destinations operated by SriLankan Airlines through Colombo. This expanded network includes new Indian destinations such as Madurai and Tiruchirapally, along with Gan Island in the Maldives. Furthermore, travelers can explore Far East and South Asian destinations, including Cochin, Chennai, Bangalore, Hyderabad, Malé, Bangkok, Kuala Lumpur, Singapore, Jakarta, Guangzhou, Seoul, and Tokyo, as detailed in a press release.

SriLankan Airlines’ customers will also reap the benefits of this partnership, gaining access to Emirates’ extensive global network. They can conveniently connect to 15 cities across the Middle East, Africa, Russia, and the United States, all operated by Emirates beyond Dubai. Notable destinations include Bahrain, Amman, Dammam, Medina, Cairo, Muscat, Nairobi, Moscow, Tel Aviv, as well as several key U.S. cities like New York JFK, Los Angeles, San Francisco, Chicago, Boston, and Houston.

Travelers can already book their itineraries through various channels, including emirates.com, srilankan.com, and preferred online and offline travel agencies. In addition, Emirates has expanded its service to Dhaka, now offering 21 weekly flights and convenient connections to nearly 140 destinations spanning six continents.

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