High hopes in Bangladesh as Nobel-winning economist takes charge

Nobel laureate Muhammad Yunus salutes to the attendees upon arrival at the Bangabhaban to take oath as the head of the interim government, in Dhaka, Bangladesh, August 8, 2024. (REUTERS)
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Updated 09 August 2024
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High hopes in Bangladesh as Nobel-winning economist takes charge

  • Muhammad Yunus heads the interim government after a student-led uprising ousted former PM Sheikh Hasina
  • Among members of his cabinet are top Bangladeshi technocrats, lawyers and leaders of the student movement

DHAKA: Jubilant and hopeful, Bangladeshis welcomed on Friday their new interim government headed by the Nobel-winning economist Muhammad Yunus and manned by renowned lawyers, academics and leaders of the student movement that has ousted the previous regime.
The new administration took the oath of office at the presidential palace in Dhaka on Thursday night, three days after Prime Minister Sheikh Hasina was forced to resign and fled to neighboring India after weeks of nationwide demonstrations and a deadly crackdown on protesters.
“The brutal, autocratic regime is gone,” Yunus said in a televised address after he was sworn in by President Mohammed Shahabuddin along with more than a dozen members of his caretaker government.
He pledged that “democracy, justice, human rights, and full freedom of fearless expression will be enjoyed by all, regardless of party affiliation.”
The 84-year-old economics professor will lead the country as “chief adviser” and the titles of his Cabinet members advisers too, not ministers.
They include Nahid Islam and Asif Mahmud, top leaders of Students Against Discrimination, a group that led the protests that toppled Hasina, and civil servants such as former attorney general A.F. Hassan Ariff, former foreign secretary Touhid Hossain, and Salehuddin Ahmed — economist and a former governor of the country’s central bank.
There are also Adilur Rahman Khan, a prominent human rights activist, Syeda Rizwana Hasan, an international award-winning environmental lawyer, and Asif Nazrul, a public intellectual, writer and professor of law at Dhaka University.
As the new administration took office, Bangladeshis were enthusiastic about the nominations and hopeful for their country’s future.
“After our total anarchy and a very serious uprising that we experienced very recently, this is a new dynamic,” Gautam Barua, an academic and researcher, told Arab News.
“I’m very hopeful, very, very much hopeful about this interim government ... I think they will bring about a beautiful change.”
He was glad to see that famous lawyers and economists would be at the helm.
“This cabinet, I think, has the finest of the fine of the country ... they are globally recognized, and they are domestically, nationally, recognized,” Barua said.
“The country’s present economy needs a notch ... It has gone down quite drastically in the last government’s regime. So, I believe they can notch it up. They can turn the wheel of the economy.”
There was also pride in having a government full of celebrity intellectuals and technocrats.
“I think they can bring us a positive change,” said Mahfuz Kaiser, a student in Dhaka. “Dr. Yunus is a very famous person. He’s a Nobel laureate. First Nobel winner in Bangladesh.”
An economics professor, Yunus is a social entrepreneur and banker who was awarded the 2006 Nobel Peace Prize for his pioneering microfinance work that helped alleviate poverty in Bangladesh and has been widely adopted around the world.
“He’s going to help us to build this nation again,” said Jannatul Ferdous Mawa, who is pursuing a degree in media studies and participated in the recent protests.
“I think whatever is happening right now, it’s good for us because we are learning something. From this protest, we learned one thing: that if we are together, we can build this nation again.”
Political transition in Bangladesh, ending 15 years of Hasina’s rule, comes after nationwide protests that began in early July against a quota system for government jobs, which was widely criticized for favoring those with connections to the ruling party.
The demonstrations soon turned violent as security forces clashed with demonstrators, leaving at least 300 people dead.
After the deadly clashes and a week-long communications blackout, the Supreme Court eventually scrapped most of the quotas, but the ruling was followed by a crackdown on protesters.
The arrests of 11,000 participants of the rallies, mostly students, triggered new demonstrations last week, which culminated in a civil disobedience movement, which on Monday forced Hasina to resign.
A day later, the president dissolved the parliament, clearing the way for the interim administration, which now will preside over new elections.
“There are lots of expectations from this government because this government is headed by the Nobel laureate Prof. Dr. Yunus. I think everyone is looking forward to his work, to his progress, to his visions. He used to say that there are three zeros: zero poverty, zero unemployment and zero net carbon. So, I think he will work on these three issues,” Dr. Rawnak Khan, who teaches anthropology at Dhaka University, told Arab News.
“Our institutional infrastructure, the whole situation, we need to build it up. The government needs to ensure transparency, accountability. My expectation of this government is very high. Not only mine, I think everyone’s, because it is headed by Prof. Yunus and it depends on his ability to navigate the complex political landscape of Bangladesh.”


Trump officials say Israel’s plans helped lead the US into Iran war

Updated 4 sec ago
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Trump officials say Israel’s plans helped lead the US into Iran war

WASHINGTON: The Trump administration and its allies in Congress presented a shifting new justification Monday for the US attack on Iran, with House Speaker Mike Johnson suggesting that the White House believed Israel was determined to act on its own, leaving the president with a “very difficult decision.”
The Republican was speaking late Monday after a classified briefing at the Capitol, the first for congressional leaders since the start of the war, a joint US-Israel military campaign that killed Iran’s Supreme Leader Ayatollah Ali Khamenei and has quickly spiraled into a widening Middle East conflict. Hundreds have died, including at least six US military service personnel.
Johnson said the attack on Iran was a “defensive operation” because Israel was ready to act against Iran, “with or without American support.” He said President Donald Trump and his team determined that Iran would immediately retaliate against US personnel and assets.
“The commander in chief has said this is going to be an operation that is short in duration,” Johnson said. “We certainly hope that’s true.”
The remarkable shift in the Trump administration’s stated rationale comes as the hostilities deepen and widen across the region. The president himself estimated the war could drag on for weeks. The administration plans to seek supplemental funds from Congress to support the military effort, lawmakers said, in stark contrast to the president’s America First campaign not to entangle the US in actions abroad.
Secretary of State Marco Rubio said the “hardest hits are yet to come” as the US is determined to continue attacking Iran for as long as it takes with an “even more punishing” next phase in the war.
Rubio described what was essentially a potentially ripple effect that he said posed an “imminent threat” to the US
“We knew that there was going to be an Israeli action,” he said. “And we knew that if we didn’t preemptively go after them before they launched those attacks, we would suffer higher casualties.”
Rubio said that while the US would like to see the Iranian people rise up and be rid of the regime, “that’s not the objective,” he said. “The objective of this mission is to make sure they don’t have these weapons that can threaten us and our allies in the region.”
Trump’s shifting rationale sparks detractors
Rubio, Defense Secretary Pete Hegseth and other administration officials delivered the classified briefing as Congress weighs a war powers resolution that would restrain Trump’s ability to keep waging war without approval from the House and Senate.
Trump himself, speaking at the White House, laid out four objectives for the war, saying US forces are out to destroy Iran’s missile capabilities, wipe out its naval capacity, stop the country from obtaining a nuclear weapon and ensure “that the Iranian regime cannot continue to arm, fund and direct terrorist armies outside of their borders.”
“This was our last, best chance to strike — what we’re doing right now — and eliminate the intolerable threats posed by this sick and sinister regime,” Trump said.
Trump met repeatedly with Israeli Prime Minister Benjamin Netanyahu as they sought to curb Iran’s nuclear program, including last month at the White House.
Hegseth earlier Monday vowed this is not an “endless war,” even as he warned more US casualties are likely in the weeks ahead.
But Sen. Mark Warner, the top Democrat on the Intelligence Committee, said: “There was no imminent threat to the United States of America by the Iranians. There was a threat to Israel.”
Warner said he has now heard four or five stated reasons for the attack. He demanded that Trump “come before Congress, and for that matter, the American people,” to make his case for war — and the exit plan.
Several Democrats delivered blistering speeches against the war. “Are we now such an enfeebled nation that Israel decides when we go to war?” said Sen. Jeff Merkley of Oregon, voice rising.
War powers as a check on presidential power
The moment is a defining one for Congress, which alone has the authority under the US Constitution to declare war, and for the Republican president, who has consistently seized power during his second term with his own executive reach.
Trump took the nation to war at a particularly vulnerable time, as the Department of Homeland Security is operating without routine funds because of a standoff with Democrats over their demands to restrain his immigration enforcement operations. The potential wartime costs in terms of lives lost and dollars spent are dividing the parties, and potentially Americans themselves.
Unlike the run-up to the Iraq War in 2003, which included long debates in Congress in the aftermath of the Sept. 11, 2001, attacks, or the more recent US military strikes on Venezuela that proved to be limited, the joint US-Israel military attack on Iran, called Operation Epic Fury, is well underway, with no foreseeable end in sight.
“It’s worrisome,” Rep. Adam Smith, the top Democrat on the House Armed Services Committee, told The Associated Press.
Smith said of Trump: “He is not trying to making his case to the Congress or the American people. He unilaterally decided to do this.”
In fact, Congress has declared war just five times in the nation’s history, most recently in 1941, to enter World War II a day after the Pearl Harbor attack. Over time, presidents of both major political parties have accumulated vast authority to engage in what are often more limited US military strikes.
Johnson said tying Trump’s hands right now would be “frightening” as he works to defeat the war powers resolution.
Even if Congress is able to pass the measure this week, the House and the Senate would be unlikely to tally the two-thirds majority needed to overcome a presidential veto.
Next steps for Iranian people uncertain
As the Trump administration encourages the Iranian people to rise up and choose new leaders, there did not appear to be widespread US support for any effort at democracy- or nation-building.
“We would love to see this regime be replaced,” Rubio said. “If there’s something we can do to help them down the road, we’d obviously be open to it. But that’s not the objective.”
A top Trump ally, Sen. Lindsey Graham, R-S.C., said he never bought into the you-break-it-you-own-it concept in wartime.
“If there’s a threat to America, deal with it,” he said over the weekend. “That doesn’t mean you own everything that follows.”