Economy

U.S. credit card debt has hit $1.25 trillion, with delinquencies reaching their highest level since 2008 as inflation forces households into survival debt for daily essentials.

Finance Minister Amir Khasru Mahmud Chowdhury confirmed Bangladesh will exit its current IMF deal to negotiate a fresh $3-year, $5 billion loan package aligned with public interest.

U.S. Secretary of State Marco Rubio told The New York Times that Washington may accept a phased nuclear deal with Iran if the strategic Strait of Hormuz is immediately reopened to shipping.

India is moving to increase crude oil imports from the U.S. and Russia amid severe supply disruptions in the Strait of Hormuz, as U.S. Secretary of State Marco Rubio arrives in New Delhi.

Bangladesh’s garment exports fell to $31.72 billion in early FY 2025-26, with a sharp 4.38% drop in the EU market. Industry leaders cite energy gaps and inflation as primary hurdles.