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8:32 AM

Bangladesh pvt power producers seek $1bn foreign currency to import fuel

Bangladesh's private power producers will need $1 billion in foreign currency to import fuel oil and avert an energy crisis this summer, their industry association said in a letter to the central bank seen by Reuters.

 

Analysts expect power cuts in Bangladesh to worsen this year, as a rapid decline in the value of its currency and foreign exchange reserves have limited its ability to import power generation fuels, whose prices have surged following Western sanctions on major energy exporter Russia.

8:31 AM

Peacekeeping missions should not exist in perpetuity: India to UN

Observing that the security landscape of the UN peacekeeping missions today is more complex, violent and riskier, India has told the United Nations that such missions should not exist in perpetuity.

 

Exit strategies should be part of the plans from the very beginning, India's Permanent Representative to the United Nations Ruchira Kamboj told the UN General Assembly's Special Committee on Peacekeeping Operations on Tuesday.