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High-level talks between China and Iran began in Beijing, focusing on two key issues: maintaining a ceasefire and reopening the strategically vital Strait of Hormuz. China has long voiced concern over these matters, criticizing the U.S. naval blockade of Iranian ports as dangerous while also expressing growing dissatisfaction with Iran for keeping the waterway closed.
During the meeting, Beijing is expected to deliver a clear message to Tehran that continued closure of the strait could affect future Chinese support. This discussion is particularly significant as Iran faces potential new sanctions, where Chinese backing at the United Nations would be crucial. Meanwhile, Iran’s foreign minister seeks clarity on whether China might make concessions to Washington during an upcoming meeting with U.S. President Donald Trump.
China has also asked Iran to refrain from any retaliatory or sudden actions before the talks. Observers view the Beijing meeting as critical not only for bilateral relations but also for Middle Eastern stability and global energy security.
China and Iran discuss reopening Hormuz Strait and maintaining ceasefire in key Beijing talks
The Bangladesh government spent Tk 71,253 crore on interest payments for domestic and foreign loans during the first six months of the current fiscal year (July–December), marking a 22 percent increase from the same period last year, according to the Finance Ministry’s latest quarterly debt bulletin. In the previous fiscal year’s first half, interest payments totaled Tk 58,392 crore.
The bulletin shows that domestic debt accounted for the largest share, with Tk 61,866 crore paid in interest—25 percent higher than the previous year—while foreign loan interest rose by 5 percent to Tk 9,387 crore. The report attributes the rising debt servicing burden to lower-than-targeted revenue collection, which has forced the government to rely more heavily on borrowing, particularly from domestic banks. Revenue shortfall in the first nine months reached nearly Tk 1 trillion, a record level.
The bulletin notes a strategic shift toward domestic borrowing to reduce currency risk and stabilize liquidity. As of December, total government debt stood at Tk 22.06 trillion, up from Tk 21.44 trillion in June 2025.
Bangladesh's interest payments rise 22% to Tk 71,253 crore in first half of fiscal year
A man named Mohammad Anis allegedly set fire to his own house in Puthia, Rajshahi, on Monday night after his wife refused to give him money for drugs. The fire quickly spread to nearby houses, destroying a total of five dwellings and causing losses estimated at over one million taka. The incident occurred around 10:30 p.m., and by the time the fire service arrived, all the houses had been reduced to ashes. Local residents became agitated, prompting police intervention to restore order.
Puthia Police Station Officer-in-Charge Faridul Islam said an investigation is underway and legal action will follow if the affected families file complaints. On Tuesday morning, local Member of Parliament Professor Nazrul Islam Mondal, Upazila Nirbahi Officer Liakat Salman, and Assistant Commissioner (Land) Shibu Das visited the site and provided initial assistance to the victims. Anis’s wife, Sohagi Khatun, stated that her husband had wasted money on drugs and mobile gambling and set the fire out of anger when she refused to give him more.
Authorities are continuing the investigation to determine the full extent of the damage and responsibility.
Man burns five houses in Rajshahi after wife refuses drug money
U.S. President Donald Trump on Tuesday called on Iran to surrender, saying the situation was under American control. Speaking to reporters in the Oval Office, Trump said Iran should raise the 'white flag of surrender.' He added that although Tehran was issuing threats of war, it was secretly interested in reaching an agreement.
Trump claimed Iran’s military strength had been exhausted and that the country was only pretending to resist while actually seeking a deal. He praised the U.S. blockade on Iranian ports, describing it as strong and effective, and said no one would dare to break it.
The remarks, reported by Reuters, come amid heightened tensions between Washington and Tehran, with Trump asserting that the blockade was working efficiently and that Iran’s leadership was under pressure to negotiate.
Trump urges Iran to surrender, says U.S. blockade strong and situation under control
The Indian National Congress has decided to support actor Thalapathy Vijay’s party, Tamilaga Vettri Kazhagam (TVK), in forming the next government in Tamil Nadu after the party achieved notable success in the recent state assembly elections but fell short of a majority. Congress MP Shashikant Senthil told NDTV that the party’s Political Affairs Committee approved the decision, with Rahul Gandhi reportedly backing the move from the start. Congress President Mallikarjun Kharge preferred that the Tamil Nadu Congress Committee make the final call, which was later confirmed in a virtual meeting.
Congress expects to receive two ministerial positions in the upcoming cabinet, with leaders Girish Chodankar and Praveen Chakravarty maintaining contact with TVK. However, the party has set a key condition that TVK must not ally with the NDA or any of its partners, particularly AIADMK. Vijay is now required to formally approach the state governor to claim the right to form the government and take oath as chief minister.
Following the election results, Vijay expressed gratitude to the people of Tamil Nadu, calling the victory a triumph of democracy.
Congress supports Vijay’s TVK to form Tamil Nadu government after election success
At least eight people were killed and 36 others injured in a massive fire that broke out at the Arghavan Shopping Center in Andisheh city, about 30 kilometers west of Tehran, Iran. The incident occurred on Tuesday afternoon, according to the Iranian Students News Agency (ISNA), citing Ali Paydaran, head of the Andisheh city fire department. The building contained more than 250 commercial units, and the fire spread rapidly due to flammable materials used on the exterior.
Authorities have ordered the identification and arrest of those responsible, including the property development company linked to the complex. Rescue teams were dispatched quickly after reports of the fire, but the exact cause of the blaze remains unknown.
The investigation into the cause and accountability for the fire is ongoing, as officials work to determine the extent of damage and prevent similar incidents in the future.
Eight dead and 36 injured in major fire at shopping complex near Tehran
Detectives from Chattogram Metropolitan Police recovered a large consignment of stolen fabrics from Hatiya and Subarnachar in Noakhali. Former joint convener of Charbata Union’s volunteer wing, Abul Bashar, was arrested in connection with the recovery. The operation took place on Monday afternoon at Charmajid Bhuiyanhat market in Hatiya, according to Sub-Inspector Mohiuddin Raju of the Detective Branch.
Police sources said the fabrics, imported by Columbia Apparels Limited, were loaded into a covered van at Chattogram Port on April 24 and later kept at a filling station in Halishahar. The van was reportedly hijacked early on April 25 with the driver’s assistance. A case was filed at Halishahar Police Station on April 27, leading detectives to conduct raids in Noakhali.
Authorities estimated the recovered fabrics to be worth around six million taka. A total of 67 bundles were seized from Harani Union and 96 bundles from Charmajid Bhuiyanhat market. Bashar has been presented before court, and police said efforts are ongoing to arrest other suspects.
Police arrest ex-volunteer leader in Noakhali with stolen fabrics worth six million taka
The National Board of Revenue (NBR) of Bangladesh has set a target to bring 2 million new business entities under VAT registration in the 2026–27 fiscal year. The plan includes expanding VAT coverage to all upazilas, particularly in rapidly growing business areas, and incorporating temporary shops in Dhaka with high sales volumes. Businesses with annual transactions up to 3 million taka will remain exempt from mandatory VAT registration. Currently, about 795,000 businesses are registered for VAT.
NBR data shows that during a special campaign in December of the previous year, 131,000 new businesses registered for VAT, surpassing the monthly average of 8,000–10,000. Since VAT was introduced in 1991, only around 800,000 businesses have registered. Business groups have urged the government to expand VAT coverage instead of raising rates, arguing that compliant taxpayers face disproportionate burdens.
The NBR also plans to simplify and digitalize the VAT system, including mandatory online return filing, simple software for small businesses, and a possible minimum monthly VAT of 500–1,000 taka payable semiannually or annually.
NBR targets 2 million new VAT registrations in Bangladesh for fiscal year 2026–27
Turkey publicly unveiled its first intercontinental ballistic missile, named Ildirımhan, during the International Defense and Aerospace Exhibition held in Istanbul in 2026. The missile was developed by the Research and Development Center of Turkey’s Ministry of National Defense. With a range of 6,000 kilometers and speeds between Mach 9 and Mach 25, the system significantly enhances the country’s long-range strike capability.
The Ildirımhan missile uses liquid nitrogen tetroxide as fuel and is powered by four rocket engines. Officials described it as one of the most advanced missiles ever produced in Turkey. The unveiling took place at the 2026 International Defense and Aerospace Exhibition, where leading Turkish defense companies and government institutions showcased new technologies across various sectors.
The event highlighted Turkey’s growing focus on indigenous defense technology development and its ambition to expand its strategic capabilities through advanced missile systems.
Turkey unveils Ildirımhan, its first intercontinental ballistic missile, at Istanbul defense exhibition
Iran and China’s relationship has become a major focus in international politics, with analysts identifying China as one of Iran’s key strategic and economic partners. China imports a significant volume of crude oil from Iran, a trade that plays a vital role in sustaining Iran’s economy. Before recent conflicts, around 13 percent of China’s seaborne oil imports came from Iran, purchased at relatively lower prices.
From Beijing’s perspective, Iran serves as an important counterbalance to U.S. influence in the Middle East. China therefore seeks a politically and economically stable Iran. To strengthen this partnership, the two countries signed a 25-year strategic cooperation agreement in 2021, covering energy, infrastructure, trade, and security sectors.
Iran, for its part, promotes the use of China’s yuan in oil transactions, supporting Beijing’s goal of expanding its influence in global trade. Overall, the Iran-China relationship is viewed as a key factor shaping the balance of global power.
Iran-China partnership strengthens through oil trade and strategic cooperation
In the aftermath of the 2026 Iran war, Europe has begun distancing itself from the United States’ unilateral military and political dominance, signaling a major shift in global geopolitics. European nations are pursuing a strategy of strategic hedging—balancing relations among major powers rather than aligning exclusively with Washington. This approach reflects Europe’s growing emphasis on strategic autonomy, as leaders assert that the Iran conflict is not Europe’s war and prioritize energy security and regional stability over U.S. military objectives.
The shift is visible across three main fronts: institutional distancing from U.S.-led operations, economic rebalancing through deeper engagement with China, and multi-vector diplomacy involving regional powers such as Turkey, Saudi Arabia, and India. Initiatives like expanding Operation Agenor and high-level visits to Beijing underscore Europe’s intent to diversify partnerships and reduce dependency on U.S. security frameworks.
Analysts describe this as the most significant transformation in Western alliance structures since 1945. Europe now seeks to redefine transatlantic relations, positioning itself as a sovereign pole within an emerging multipolar world order.
Europe redefines transatlantic ties after Iran war, pursuing strategic autonomy and multipolar engagement
Bangladesh will participate for the first time in the Esports Nations Cup, often called the World Cup of esports, scheduled for November 2026 in Saudi Arabia. The announcement came at a press conference organized by the Bangladesh Youth Development and Electronic Sports Association (BYDESA) in Dhaka, where its president, Dr. Brigadier General (Retd.) Md. Munirul Islam, confirmed the country’s debut. Bangladesh will compete in 15 different esports titles, with a total prize pool exceeding Tk 2.2 billion, one of the largest among global esports events.
Around 150 countries are expected to take part in the tournament. Bangladesh’s 50-member team will first face Asian nations in the qualifiers, aiming to finish among the top two or three to reach the main round. Team manager Aga Rafsan said preparations are underway with that goal in mind. Coaches Farhan Islam, Md. Abid Hossain, and Nazmus Sakib stated that the national team was selected through a transparent process after 1,500 gamers registered nationwide.
The debut is being viewed as a major milestone for Bangladesh’s growing esports community.
Bangladesh to debut at Esports Nations Cup 2026 in Saudi Arabia with 50 gamers
After the Trinamool Congress lost the West Bengal election, Chief Minister Mamata Banerjee declared she had not been defeated and would not resign. Her government’s term officially ended on May 6, but she insisted she would remain in office, alleging that the Bharatiya Janata Party (BJP) won through dishonest means. The BJP criticized her remarks, calling them inconsistent with constitutional principles.
Legal experts cited India’s Constitution, explaining that under Article 164, a chief minister holds office at the governor’s pleasure, which depends on legislative majority support. If Banerjee refuses to resign, the governor can withdraw that pleasure and dismiss the cabinet. They also noted that under Article 172, no state government can continue beyond five years. Experts said her refusal is more political than legal, as the governor can still invite the majority party to form a new government.
Constitutional scholars added that while Banerjee’s resignation is customary, her tenure automatically ends with the assembly’s term. The situation has drawn comparisons to past instances where Indian chief ministers resisted stepping down after controversies or convictions.
Mamata Banerjee refuses to resign after West Bengal loss, raising constitutional questions
Depositors from five banks staged a protest in Chattogram on Wednesday morning demanding the return of their deposits. The demonstration took place around 10 a.m. at the city’s New Market intersection under the banner of the ‘Combined Islamic Bank Depositors Association’—Chattogram Division.
Participants expressed anger over remarks by a Bangladesh Bank spokesperson, calling for the withdrawal of what they described as defamatory comments. One depositor said they were becoming destitute while being unfairly labeled as wrongdoers. The association’s president, Abul Kalam Azad, warned that the movement could expand if their demands were not met, emphasizing that depositors’ money sustains bank operations.
Kotwali Police Station’s officer-in-charge Aftab Uddin said the area is a VIP zone with key installations, so protesters were asked to gather at New Market intersection but later moved to Alkaran intersection. He confirmed that adequate police were deployed to maintain security.
Depositors protest in Chattogram demanding return of savings from five banks
Global oil prices declined for a second consecutive day after U.S. President Donald Trump hinted at a possible peace agreement with Iran. According to a Reuters report, Brent crude dropped by $1.69, or 1.5 percent, to $108.18 per barrel, while West Texas Intermediate (WTI) crude fell by $1.67, or 1.6 percent, to $100.60. The previous day, Brent had already fallen by nearly 4 percent.
Analysts said Trump’s announcement suggested a potential easing of tensions in the Middle East. He stated that U.S. operations in the Strait of Hormuz would be temporarily suspended to ensure safe navigation and that there was a chance for an understanding with Iran, though he provided no details. Iran has not yet issued any response. Experts believe that if shipping in the Gulf normalizes, global oil supply could increase, putting downward pressure on prices, though full stability may take time.
Despite the peace signals, Trump confirmed that the U.S. naval blockade on Iranian ports would continue. Analysts noted that while short-term relief has returned to the market, geopolitical uncertainty remains.
Oil prices drop again after Trump signals possible peace deal with Iran
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