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    Accountability

    Bangladesh Launches Major Offensive Against Money Laundering; Hiring International Firms to Recover Billions

    The government's multi-pronged approach, combining domestic investigations, international cooperation, and a commitment to long-term reforms, signals a determined effort to tackle the pervasive issue of money laundering and reclaim the nation’s stolen wealth.
    OWSA Contributor -
    Accountability

    Bangladesh Law Enforcement Agencies Not Bringing Money Launderers to Book, Finance Intelligence Boss Tells Court

    Bangladesh’s financial intelligence boss told the court that little has come out of 983 intelligence reports his office shared with the country’s anti-corruption commission...
    OWSA Contributor -
    COVID-19

    Targeting Only Russian Oligarchs, a Historic Mistake

    All illicit financial flows should be targeted, not just those from Russian oligarchs. All assets should be placed in public beneficial ownership registries for...
    Inter Press Service -

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    Child Rights

    Myanmar Human Rights Crisis Deepens as Aid Collapses, Attacks Intensify

    Since the military coup in February 2021, nearly 6,800 civilians have been killed and over 22,000 remain arbitrarily detained, he said. Humanitarian needs have soared, with nearly 22 million people in need of assistance and more than 3.5 million displaced by conflict.
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    Finance and Economy

    World Economy Will Slow Sharply, Despite US-China Tariff De-Escalation, Says Fitch

    There have been downward pressures on US financial asset prices as reflected in equity market volatility, a weakening dollar and higher long-term 30-year government bond yields.
    Bangladesh

    Bangladesh Pays Off Major Dues to Adani, Avoids $20M Late Fee

    The Bangladesh Power Development Board (BPDB) confirmed it transferred a record $437 million in June to settle mounting arrears with Adani Power Jharkhand Ltd (APJL), the Indian firm operating the 1,496-megawatt Godda Ultra Supercritical Thermal Power Plant in Jharkhand.

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    Child Rights

    Myanmar Human Rights Crisis Deepens as Aid Collapses, Attacks Intensify

    Since the military coup in February 2021, nearly 6,800 civilians have been killed and over 22,000 remain arbitrarily detained, he said. Humanitarian needs have soared, with nearly 22 million people in need of assistance and more than 3.5 million displaced by conflict.
    Finance and Economy

    World Economy Will Slow Sharply, Despite US-China Tariff De-Escalation, Says Fitch

    There have been downward pressures on US financial asset prices as reflected in equity market volatility, a weakening dollar and higher long-term 30-year government bond yields.
    Global Governance

    The Fallout from Losing a UN Job

    I wasn’t just de-linked from my role—I was cut off from my health insurance, my professional identity, my community, and the safety net I thought I’d built after a lifetime of service.
    Finance and Economy

    World Economy Will Slow Sharply, Despite US-China Tariff De-Escalation, Says Fitch

    There have been downward pressures on US financial asset prices as reflected in equity market volatility, a weakening dollar and higher long-term 30-year government bond yields.
    Climate change

    New Projections Show Extreme Glacier Loss Already at 2°C

    Staying close to 1.5°C on the other hand preserves at least some glacier ice in all regions, even Scandinavia, with 20-30 per cent remaining in the four most sensitive regions; and 40-45 per cent in the Himalayas and Caucuses; stressing the growing urgency of the 1.5°C temperature goal and rapid decarbonization to achieve it.

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