Israel has approved a record-breaking natural gas export agreement with Egypt valued at approximately $34.67 billion. Prime Minister Benjamin Netanyahu described the deal, involving the Leviathan gas field and partners including U.S. energy giant Chevron, as the largest in Israel’s history and a historic milestone. The agreement will see Israel supply gas to Egypt over several years, expanding the countries’ energy cooperation.

The announcement comes as Israel continues its military operations in Gaza, where thousands of civilians have been killed or injured, according to the United Nations and human rights groups. Observers note the stark contrast between Israel’s expanding regional economic partnerships and the ongoing humanitarian crisis in Palestinian territories. Critics argue that while Israel promotes regional stability through energy diplomacy, its actions in Gaza undermine that goal.

Egypt’s declining gas production since 2022 has increased its reliance on Israeli imports, reshaping the regional energy landscape. Analysts suggest the deal could strengthen Israel’s role as a key energy supplier in the Eastern Mediterranean.

Bangladesh Bank has reported that the country's foreign exchange reserves increased to $32.48 billion as of December 17, 2025. The figure, however, stands at $27.82 billion when calculated under the International Monetary Fund’s BPM6 (Balance of Payments Manual 6) methodology. The announcement was made by Arif Hossain Khan, Executive Director and spokesperson of Bangladesh Bank.

The reserves had been $32.12 billion a week earlier, or $27.45 billion under the IMF standard. The difference between the two accounting methods reflects the exclusion of certain funds, such as export development and other non-liquid assets, under the BPM6 framework. The rise in reserves follows recent remittance inflows and moderate import payments, helping stabilize the country’s external balance.

Economists note that while the increase is positive, Bangladesh continues to face pressure from global commodity prices and a strong U.S. dollar. The central bank is expected to continue cautious management of reserves to maintain import coverage and meet IMF program conditions in the coming months.

Bangladesh’s Chief Adviser Dr. Muhammad Yunus announced that the interim government has undertaken continuous reforms to attract foreign direct investment (FDI), resolving a long-standing issue at the Korean Export Processing Zone in Chattogram. He expressed optimism that this move would encourage major South Korean companies to expand their investments in Bangladesh.

During a farewell meeting with South Korean Ambassador Park Young-sik at the state guesthouse Jamuna, both sides discussed deepening bilateral relations. Topics included boosting Korean investment, advancing the proposed Comprehensive Economic Partnership Agreement (CEPA), and expanding cultural and human resource cooperation. Ambassador Park conveyed condolences over the deaths of six Bangladeshi peacekeepers in Sudan and wished success for Bangladesh’s democratic transition and upcoming February 12 elections.

Park noted that Samsung plans to expand operations in Bangladesh, including mobile phone production. The next CEPA negotiation round is scheduled for February, which could grant Bangladeshi apparel duty-free access to the Korean market, currently dominated by Vietnam and Indonesia.

Toyota has officially launched direct operations in Bangladesh under the new entity Toyota Bangladesh Limited, marking a significant milestone in the country’s automotive sector. The company inaugurated its first exclusive showroom in Tejgaon, Dhaka, signaling the start of a new distribution and service model aimed at enhancing customer experience and product accessibility.

Managing Director Premmit Singh stated that Toyota Bangladesh Limited will operate in line with the global vision 'Be the Right One,' focusing on meeting the evolving demands of Bangladeshi car enthusiasts. The company plans to introduce advanced features and modern facilities while maintaining sustainable growth across changing market conditions. Singh emphasized teamwork and long-term commitment to customer satisfaction as key priorities.

Industry observers view Toyota’s direct entry as a strategic move to strengthen brand presence and streamline after-sales service in Bangladesh. The company hinted at further announcements soon, suggesting expanded investments and product offerings in the near future.

A new study by Educo Bangladesh and the Child Labor Elimination Platform (CLAP) reveals that 66.6% of child laborers in Bangladesh are working in industrial factories, followed by 44.4% in services and 38.8% in agriculture. The report, presented at a policy-sharing event in Dhaka, warns that most of these children face severe health risks and calls for stronger social protection measures to prevent child labor.

Dr. Khondaker Golam Moazzem, who presented the policy proposal, noted that around 3.5 million children are engaged in various forms of work, with about 100,000 in hazardous conditions. Despite existing laws and international commitments, informal child labor remains widespread. Government officials reaffirmed their commitment to the UN Sustainable Development Goals (SDGs) and pledged to expand social safety nets for out-of-school children.

Experts at the event emphasized the need for universal child benefits, increased education spending, and investment in rural livelihoods to reduce economic dependency on child labor. The recommendations aim to strengthen Bangladesh’s social protection framework and accelerate progress toward eliminating child labor by 2030.

After nearly two decades of delay, Dhaka North City Corporation (DNCC) has officially opened the long-awaited 60-foot link road in Mirpur for public use. The inauguration ceremony, held in Mirpur, was attended by Faiz Ahmad Tayyeb, Special Assistant to the Chief Adviser, as chief guest, and DNCC Administrator Mohammad Ejaz as chair. The project aims to directly connect the 60-foot road to Mirpur’s main thoroughfare, significantly improving traffic flow.

DNCC officials explained that the project had been stalled for 17 years due to land disputes and inter-departmental coordination issues. Through joint efforts among government agencies, the road was completed within two months. Tayyeb emphasized the symbolic importance of the road, noting that coordinated work among service agencies can still make Dhaka a livable city. The DNCC cleared illegal structures and acquired postal department land to complete the connection.

Local residents expect the new link to reduce chronic congestion between Mirpur-10 and Mirpur-2. DNCC plans further infrastructure upgrades to address long-pending urban mobility challenges.

Global oil markets saw renewed volatility after U.S. President Donald Trump announced a blockade on all authorized oil tankers entering or leaving Venezuela. The move immediately pushed crude prices higher, with Brent futures rising 1.5% to $59.79 per barrel and West Texas Intermediate climbing to $56.12. The announcement came at a time of recovering demand, amplifying concerns about supply disruptions and geopolitical uncertainty.

Traders in Asia described the price rebound as partly emotional, noting that Venezuela contributes a relatively small share to global oil supply. However, the timing of the U.S. action, coinciding with progress in Russia–Ukraine peace talks, added complexity to market sentiment. Analysts said that if sanctions on Moscow ease following a peace deal, global supply could stabilize despite the Venezuelan restrictions.

Market observers warned that while the short-term spike reflects risk sentiment, continued political maneuvering in Washington and Caracas could sustain volatility. Investors are now watching both the U.S. policy trajectory and the outcome of the Russia–Ukraine negotiations for cues on oil’s next direction.

The International Energy Agency (IEA) has projected that global coal consumption will reach an all-time high of approximately 8.85 billion tons in 2025, marking a 0.5% increase from the previous year. The agency’s annual report, released Wednesday, attributes the growth partly to U.S. policy decisions under the Trump administration aimed at revitalizing industrial sectors.

According to the IEA, China and India remain the primary drivers of global coal use due to rising electricity demand and industrial expansion. While China’s consumption has stabilized, India’s demand has recently declined due to increased hydropower generation from early and intense monsoon seasons. In contrast, U.S. coal demand has risen as higher natural gas prices and federal support have kept coal-fired plants operational.

The IEA warns that coal remains the largest source of human-induced carbon dioxide emissions, significantly contributing to global warming. However, it expects demand to gradually decline toward the end of the decade as renewable energy capacity expands worldwide.

The United Kingdom, long known for its cloudy and damp weather, experienced its sunniest year on record in 2025, according to the UK Met Office. By December 15, the country had recorded an average of 1,622 hours of sunshine, surpassing the previous record set in 2003. The agency attributed the unusual brightness to persistent high-pressure systems that reduced cloud cover and brought prolonged periods of clear skies, particularly during spring and summer.

The Met Office also confirmed that 2025 marked the warmest summer in UK history, with average temperatures reaching 16.10°C, exceeding the 2018 record of 15.76°C. While scientists have long warned that human-induced climate change is intensifying extreme weather events, the Met Office stated there is no clear evidence linking climate change to long-term increases in sunshine duration.

Officials noted that overall sunshine levels have been rising since the 1980s, though the exact cause remains uncertain. Possible explanations include natural variability and a reduction in atmospheric aerosols, which may have allowed more sunlight to reach the surface.

Bangladesh’s Chief Adviser, Professor Dr. Muhammad Yunus, has identified brokers as the main obstacle to the country’s overseas manpower exports. Speaking at the Osmani Memorial Auditorium on the occasion of International Migrants Day and National Expatriates Day 2025, he urged authorities to protect migrant workers from exploitation and to free the sector from middlemen. According to Yunus, the entire labor export process is dominated by brokers who deceive workers and hinder progress.

Dr. Yunus emphasized that Bangladesh’s youthful population is a valuable resource in a world facing labor shortages. Citing his recent visit to Japan, he noted that Japan needs workers and that Bangladesh could supply up to 100,000 if language training is ensured. He expressed surprise that Japan recruited 7,000 workers from Nepal but only 2,000 from Bangladesh.

He added that many Japanese cities face severe labor shortages, with idle farmland and halted taxi services. Yunus urged reforms to ensure transparent recruitment, enabling Bangladesh to capitalize on its demographic advantage and expand its global labor footprint.

A mild cold wave has continued for seven consecutive days in Tetulia, Panchagarh, marking the lowest temperatures in Bangladesh for over a week. On Wednesday, December 17, the Tetulia Weather Observatory recorded a minimum temperature of 9.7°C with 71% humidity, following 9.5°C the previous day and 9°C on December 15. The daytime highs have remained around 27°C, indicating a sharp contrast between day and night temperatures.

According to Jitendranath Roy, acting officer of the Tetulia Weather Observatory, the mild cold wave began on December 11 and has persisted across various parts of the upazila. The consistent low temperatures have made Tetulia the coldest region in the country during this period. Local residents have reportedly experienced increased cold discomfort, especially during early mornings and late nights.

Meteorologists expect the cold conditions to continue for several more days, with the possibility of the cold wave spreading to adjacent northern districts. Authorities have advised residents to take precautions against cold-related illnesses, particularly among children and the elderly.

Bangladesh Bank’s latest report reveals that as of September 2025, nearly 91% of all defaulted loans in the banking sector have become unrecoverable, posing a severe threat to the country’s financial stability. The total volume of defaulted loans reached BDT 6.44 trillion, with BDT 5.85 trillion classified as bad or loss category. This marks a sharp rise from the previous year, when unrecoverable loans accounted for about 82% of total defaults.

Sector insiders attribute the surge to large business groups that borrowed heavily during the previous Awami League government and allegedly siphoned funds abroad. Following political changes, many borrowers fled the country, further reducing recovery prospects. State-owned banks hold the largest share of bad loans, with Janata Bank alone reporting BDT 695.86 billion in unrecoverable debt. Private banks, including Islami Bank Bangladesh and First Security Islami Bank, also face mounting pressure.

Experts warn that the growing volume of bad loans will erode banks’ lending capacity and profitability, as they must maintain full provisioning against such debts. Bangladesh Bank has identified 24 commercial banks failing to meet required provisions, signaling deep structural stress in the sector.

After nearly eight months of inactivity, the dry fish hubs of Asharchar and Nidrarchar in Barguna’s Taltali upazila have regained vitality as thousands of fishermen, traders, and workers return for the new season. Using natural, chemical-free drying methods, the communities are producing and supplying dried fish across Bangladesh, with some exports abroad. However, poor roads, inadequate sanitation, and lack of permanent facilities continue to hinder progress.

Local traders and union leaders warn that without government intervention, the once-thriving industry could decline further. They cite pollution from the nearby Payra thermal power plant as a major threat to marine life and fish yields. Despite these challenges, officials from the Department of Fisheries and local administration have promised to take steps to improve infrastructure and ensure sustainable livelihoods.

The dry fish sector, employing thousands and supporting coastal economies, remains a vital yet vulnerable part of Bangladesh’s fisheries industry. Stakeholders urge coordinated planning and investment to preserve this traditional trade and protect the environment.

Iraq’s iconic Tigris River, once the lifeline of Mesopotamian civilization, is now drying up due to severe pollution, upstream dam construction, and climate change. Stretching nearly 2,000 kilometers, the river’s flow has drastically declined, endangering the livelihoods of about 18 million people who rely on it for irrigation, drinking water, and power generation. Environmental groups warn that without urgent intervention, the river could face near extinction.

Experts attribute the crisis to multiple factors: untreated sewage, industrial waste, and agricultural runoff have severely degraded water quality, while Turkey and Iran’s dams have reduced water flow into Iraq by over 30%. Local activists, such as Humat Dijlah’s founder Salman Khairallah, emphasize that the river’s decline is both an ecological and spiritual loss. In response, Baghdad and Ankara signed a recent “oil-for-water” deal to fund water management and pollution control projects.

If current trends persist, Iraq could face its worst drought in a century by 2035, with water demand far exceeding supply, posing grave risks to regional stability and heritage preservation.

Bangladesh Bank has directed all scheduled banks to maintain uninterrupted services for replacing torn, damaged, or soiled banknotes. The central bank issued a circular through its Department of Currency Management, warning that any negligence in complying with the directive will lead to action against the concerned banks. The move aims to ensure that citizens can easily exchange unfit notes without disruption across all bank branches.

According to the circular, if more than 90% of a note remains intact and its security features are identifiable, banks must provide full value even if the note is unfit for circulation. Notes torn into two pieces must be attached to thin white paper for identification before submission. Notes deemed claimable will be sent to the nearest Bangladesh Bank office for verification, with payment decisions made within eight weeks. Customers must bear postal or courier costs, while burnt notes must be submitted directly to the central bank’s claim desk.

The circular also requires branches to display visible notices about this service and to report monthly data on note exchanges to Bangladesh Bank to enhance transparency and accountability in cash transactions.