🌐 Global Highlights
🇺🇸 U.S. Tariffs Impact Global Economy
President Donald Trump's administration has implemented new tariffs, including a 25% levy on car parts, affecting global trade. The International Monetary Fund (IMF) warns that these measures could escalate global public debt to post-World War II levels, potentially reaching 117% of global GDP by 2027. Financial Times+1Financial Times+ 1Financial Times
🌍 IMF Urges Resolution of Trade Tensions
At the IMF's Spring Meeting, Managing Director Kristalina Georgieva called on global leaders to resolve escalating trade tensions swiftly. She emphasized the high economic cost of uncertainty and highlighted risks to global stability. The Guardian
🇮🇷 Explosion at Iranian Port 
A massive explosion at a port near the southern Iranian city of Bandar Abbas has resulted in 40 deaths and over 1,000 injuries. The cause remains under investigation, and the Iranian government has declared a day of national mourning. SSBCrackExams
🇧🇩 Bangladesh Updates
🤝 Bangladesh and World Bank Sign $850 Million Deal
On April 23, Bangladesh and the World Bank signed two financing agreements totaling $850 million. $650 million will fund the Bay Terminal Marine Infrastructure Development Project in Chittagong, aiming to expand and modernize port facilities. The remaining $200 million will support social protection programs targeting vulnerable populations. AffairsCloud+3Reuters+3Wikipedia+3Wikipedia
🧵 Push for Textile Waste Recycling
Bangladesh, the world's second-largest apparel producer, faces challenges in recycling its vast textile waste. With an estimated 577,000 metric tons of waste annually, the country is being urged to enhance its recycling capabilities to stay competitive and retain textile sector jobs. Reuters
🏏 Zimbabwe Cricket Team Tours Bangladesh
The Zimbabwe Cricket Team began a two-Test match series tour against Bangladesh, marking their first Test tour to the country in five years. The series is scheduled to run until May 2, 2025. Wikipedia
📰 Stay Informed
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