In early December, Turkey’s state-run company Turkish Petroleum (TPAO) signed five agreements with Pakistan to explore oil and gas in the country’s maritime zones of the Indian Ocean. The deals, valued at over 300 million US dollars, cover three offshore blocks in Pakistan’s international waters and two onshore coastal blocks. While the agreements drew limited global media attention, they mark a significant step for both nations in expanding energy and strategic cooperation.

The partnership reflects Turkey’s effort to diversify its energy exploration map and Pakistan’s attempt to revive its long-neglected deep-sea mineral exploration. TPAO plans to deploy seismic fleets in Pakistan’s waters and open a permanent office in Islamabad, forming a consortium with state-owned Pakistani energy firms. The move comes ahead of Pakistan’s 2025 offshore bidding round, one of its most important exploration initiatives in two decades.

Beyond energy, the cooperation extends to defense, mining, and drone manufacturing, signaling a broader strategic alignment. The collaboration positions both countries to strengthen economic and security ties while expanding Turkey’s geopolitical presence in the Indian Ocean.

The Bangladesh government has reduced value-added tax (VAT) on both imported and locally produced liquefied petroleum gas (LPG). A notification issued on Thursday announced that VAT on LPG imports has been lowered from 15 percent to 10 percent, while domestic production will now be subject to a 7.5 percent VAT rate.

At the same time, the LP Gas Business Cooperative Association has declared a nationwide halt to LPG cylinder sales starting today. The association announced in a notice on Wednesday that all LPG marketing, supply, and plant operations across Bangladesh would remain suspended until their demands are met. The group had earlier held a press conference at the National Press Club, calling for price adjustments by the Bangladesh Energy Regulatory Commission and an end to administrative fines and harassment of distributors.

The simultaneous tax reduction and supply suspension create uncertainty in the LPG market, as the government’s fiscal relief coincides with a business-led shutdown that could disrupt household and industrial gas availability.

U.S. President Donald Trump announced that Venezuela will use its oil sales revenue exclusively to purchase goods produced in the United States. According to Washington sources cited by AFP, the arrangement follows the removal of Nicolás Maduro from power and is based on a new oil agreement. The profits from Venezuela’s oil exports will be directed toward buying American products.

Trump shared the information on his social media platform, Truth Social, stating that he had been informed about the new oil deal ensuring that Venezuela’s earnings would be spent solely on U.S.-made goods. He specified that the purchases would include agricultural products, machinery, medical equipment, and energy-sector machinery.

The report did not provide further details about the terms of the agreement or how it will be implemented, but it highlights a shift in Venezuela’s trade alignment following political changes in the country.

In southern Chattogram’s Banshkhali and nearby Anwara, Pekua, and Rajakhali, around 38,000 salt farmers have begun production across 69,000 acres of land. However, dense fog has disrupted salt crystallization, while many farmers express frustration over low market prices. Despite adopting modern polyethylene-based methods that can increase output by up to two and a half times, unfavorable weather and poor pricing have left producers struggling.

According to the Bangladesh Small and Cottage Industries Corporation (BSCIC), all salt fields in the region are using the polyethylene technique this year, which could lead to production exceeding targets by about 200,000 tons. Farmers report that fog and humidity cause salt to dissolve overnight, while they must still pay land rent regardless of yield. Local officials note that Banshkhali’s salt is known for its brightness and taste, with retail prices ranging from Tk 1 to Tk 15 per kilogram and wholesale prices between Tk 200 and Tk 250 per maund.

Farmers allege that due to limited government support, mill owners and financiers buy salt cheaply and sell it at higher prices. Some producers have taken loans to cover the high costs of polyethylene-based production, while local leaders urge the government to ensure fair pricing and restrict salt imports.

Dhaka’s traffic congestion has reached alarming levels, paralyzing movement across the city day and night. Long queues of vehicles stretch up to 15 kilometers on major entry routes such as Jatrabari, Mirpur, and Malibagh, causing severe delays for commuters and emergency services. The situation worsens during school hours and in the evenings when intercity buses depart, while limited nighttime traffic policing allows gridlock to persist into the early morning.

According to Dhaka Metropolitan Police (DMP), unplanned urbanization, illegal parking, random bus stops, and poor enforcement of traffic laws are key causes. The city corporations report that nearly half of Dhaka’s roads and footpaths are occupied by illegal parking, hawkers, and encroachments, forcing pedestrians onto main roads. Experts note that private cars occupy over half of the city’s road space, while inadequate public transport management and lack of coordinated planning exacerbate the crisis.

Urban planners urge reforms including disciplined public transport, removal of unfit buses, separate transport for schools and offices, restrictions on private cars, and integrated traffic management. The DMP has begun limited diversion trials at key intersections, reporting modest improvements.

The United States will indefinitely oversee Venezuela’s oil sales, according to US Energy Minister Chris Wright. Speaking at the Goldman Sachs Energy Event in Miami on Wednesday, Wright said that both Venezuela’s stored oil and future production will be sold on the international market under US management. The plan aims to regulate the country’s oil exports and ensure oversight of revenues.

AFP reported from Washington that former President Donald Trump had earlier announced Venezuela’s interim government would assign the marketing of 30 to 50 million barrels of crude oil to the United States. Trump said on social media that proceeds from the sale of this sanctioned but high-quality oil would be held under US supervision. The initiative is intended to restore international oil flow, secure supply for American refineries, and maintain funds in a US-controlled account for future mutual benefit.

US Defense Minister Pete Hegseth stated that the blockade on Venezuela’s sanctioned oil remains globally enforced. After US forces seized several tankers in the Caribbean and North Atlantic, he confirmed that the US stance against illegal Venezuelan oil trade is being strictly implemented worldwide.

A cold wave is sweeping across Bangladesh and is expected to intensify over the next few days. According to weather and climate researcher Mostafa Kamal Palash from the University of Saskatchewan, Canada, data from the European Union’s artificial satellite indicates that by Thursday morning, minimum temperatures in several districts of Rangpur, Rajshahi, and Khulna divisions may fall between 5°C and 7°C.

Palash stated in a Facebook post that the cold wave could become more severe from Thursday morning, with the possibility of a stronger spell on Saturday and Sunday. During that period, minimum temperatures in the same regions could drop further to between 4°C and 6°C. On Wednesday morning, Rajshahi recorded the country’s lowest temperature at 6.8°C, while Chuadanga and Gopalganj recorded 7°C, Jashore 7.4°C, Panchagarh 8.2°C, and Dhaka 11°C.

The researcher added that by Wednesday morning, at least five of the country’s eight divisions were experiencing cold wave conditions, suggesting a widespread and persistent weather pattern.

The LP Gas Traders Cooperative Society Limited has announced a nationwide suspension of liquefied petroleum gas (LPG) cylinder sales in Bangladesh starting Thursday, January 8, 2026. The organization issued a notice on Wednesday stating that all LPG marketing, supply, and gas extraction activities from company plants will remain halted until their demands are fulfilled.

According to the notice and a press conference held at the National Press Club on Wednesday, the traders demanded a new price adjustment for LPG cylinders by the Bangladesh Energy Regulatory Commission (BERC) and an end to administrative harassment and fines against distributors. They warned that if their demands were not met within 24 hours, they would enforce an indefinite suspension of LPG supply and sales across the country.

The traders’ decision follows their earlier ultimatum, and the suspension is set to continue until authorities address their stated concerns regarding pricing and regulatory treatment.

Titas Gas authorities have completed the repair of a gas line leak under the Buriganga River that was caused by a ship’s anchor. The repair work was finished on Wednesday, restoring gas supply that had been disrupted in parts of Dhaka. According to Titas Gas, the leak occurred in a 12-inch by 50 PSIG line originating from the Aminbazar DRS and running deep under the river toward Dhaka.

The repair was carried out with assistance from the Fire Service, Bangladesh Coast Guard, River Police, and BIWTA. A leak repair clamp was installed at the damaged section, and gas is now being supplied to Dhaka’s network at a pressure of 25 PSIG. Titas Gas reported that no external gas leakage is currently visible.

With the repair completed, gas supply across affected areas is gradually stabilizing, and normal operations are expected to resume fully soon.

Bangladesh Bank has set a maximum passport endorsement fee of 300 taka for licensed money changers handling foreign currency transactions for outbound Bangladeshi travelers. The directive, issued on Wednesday, states that the fee will remain the same regardless of the amount of foreign currency purchased. This measure applies to all licensed money changers operating under the central bank’s authority.

According to the circular, under the existing ‘Guideline for Foreign Exchange Transactions (GFET)–2018,’ each transaction must be recorded in the traveler’s passport and, for air travel, on the air ticket with the authorized person’s seal and signature. Money changers are also required to clearly display the endorsement fee at their business premises, issue written receipts for all collected fees, and maintain proper records of all such transactions.

The directive aims to standardize service charges and improve transparency in foreign exchange dealings for travelers, ensuring compliance with existing regulatory guidelines.

Poet Zia Haque’s revolutionary poem and song series centered on Inquilab Mancha spokesperson Sharif Osman Hadi has gone viral across social media platforms. Within days, the works collectively reached hundreds of millions of views, making Haque the top global search on Reels four days ago. The song ‘Hadir Zindabad,’ sung by artist Abu Ubaida, surpassed 11 million views on Facebook and over three million on YouTube, while other related pieces such as ‘Hadi Tui Fire Ay’ and ‘Guli-Tuli Hadider Chultao Chhere Na’ also broke records with millions of views.

The works have been widely shared and recited by audiences, parents, teachers, and students, with excerpts appearing as wall writings. Scholars and writers, including Aman Abdullah and Iqbal Khondokar, praised the creations for their emotional depth and cultural resonance. Many public figures, including politicians, journalists, and intellectuals, have shared the song online. Zia Haque expressed surprise and gratitude for the overwhelming response, calling it an inspiration to continue writing.

Artist Abu Ubaida announced that all YouTube earnings from the next month will be donated to Hadi’s family, while numerous performers have recited the poems, expanding their reach and popularity.

A major shipment of 57,855 tons of yellow corn from the United States arrived in Bangladesh after an eight-year gap. The unloading began on Wednesday at the Confidence Cement Jetty in Chattogram Port. The vessel, MV Beltokyo, departed from Vancouver Port in Washington State and entered Bangladeshi waters on December 31. The U.S. Embassy in Dhaka confirmed the arrival in a press release. The corn, produced in North Dakota, South Dakota, and Minnesota, was jointly imported by Nahar Agro Group, Paragon Group, and Nourish Poultry and Hatchery Limited.

According to importers, the shipment took about 46 days to reach Bangladesh, with an import cost of USD 246 per ton and an estimated landed cost of BDT 34 per kilogram—lower than recent Brazilian imports priced between USD 251 and 260 per ton. Nahar Agro’s chairman Rakibur Rahman noted that only 30 percent of national corn demand is met locally, with imports filling the rest. The U.S. Embassy described the shipment as a milestone in agricultural and food sector cooperation between the two nations.

Officials believe that regular U.S. supply could enhance competition in the feed industry and stabilize animal protein production in Bangladesh.

Mobile phone prices in Bangladesh have increased despite a recent reduction in import tariffs. According to the report, government-registered mobile traders raised prices following the launch of the National Equipment Identity Register (NEIR). Allegations suggest that a mafia syndicate influenced the price hikes. Since January 1, prices have risen by Tk 500 to Tk 5,000 per handset depending on the model.

Consumers claim that official brands took advantage of the closure of grey market handset shops amid the NEIR controversy. Brands such as Redmi, Vivo, Infinix, Realme, OnePlus, and Samsung Galaxy have raised prices across various models. For example, the Vivo Y21D (8/128) model increased from Tk 21,000 to Tk 23,000, while the Infinix Smart 10 (4/64) rose by Tk 1,000 to Tk 12,000.

Mobile traders argue that rising memory component costs contributed to the price increases. Zakaria Shahid, president of the Mobile Phone Industry Owners Association of Bangladesh (MIOB), described the tariff reduction as deceptive, suggesting that the benefits were not passed on to consumers.

The Bangladesh Poribesh Andolon (BAPA) and Bangladesh Environmental Network (BEN) will jointly hold their two-day environmental conference starting January 9 at the KIB Convention Center in Dhaka’s Farmgate. This will be BAPA’s 26th conference, running daily from 9:30 a.m. to 5:30 p.m. The event’s theme is “Environmental Reforms and Actions,” as announced at a press briefing held at the Dhaka Reporters Unity.

At the briefing, Professor Nazrul Islam, a founding member of BAPA-BEN, said that no environmental reform commission was formed during the interim government, creating a policy gap that the conference aims to address. He emphasized the need for political parties to prioritize environmental issues in their manifestos and called for internal reforms within environmental agencies to ensure effective policy implementation.

Professor Md. Khalekuzzaman, global coordinator of BEN and a geologist at the Commonwealth University of Pennsylvania, said the conference will also discuss how to restore Bangladesh’s rivers, canals, and wetlands to their natural flow, drawing lessons from environmental management practices in developed countries.

Heavy snowfall and blizzards have caused widespread travel disruption across Europe, leaving at least six people dead. Five fatalities were reported in different regions of France due to road accidents, while one woman died in Sarajevo, Bosnia, after a tree collapsed under heavy wet snow. In France’s Landes area, three people were killed in two separate accidents, and two others died in the Paris region in weather-related crashes.

The severe weather has also led to the cancellation of hundreds of flights across the continent. Thousands of passengers were stranded at airports in Paris and Amsterdam. More than 400 flights were canceled at Amsterdam’s Schiphol Airport on Wednesday, while Paris’s Charles de Gaulle Airport temporarily suspended about 40 percent of its flights, and Orly Airport canceled roughly one-quarter of scheduled departures.

French Transport Minister Philippe Tabarot warned of further snowfall and urged residents to avoid unnecessary travel and work from home if possible. France’s national meteorological agency issued orange alerts in 38 districts, with conditions expected to persist through Wednesday.