High hopes in Bangladesh as Nobel-winning economist takes charge

Muhammad Yunus walks off the stage after taking oath at the Bangabhaban as 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 interim government after a student-led uprising ousted former PM Sheikh Hasina
  • Among members of his Cabinet are top Bangladeshi technocrats 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, culminating in a civil disobedience movement that 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.”


Mine collapse in eastern Congo leaves 200 dead, authorities say, but rebels dispute the number

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Mine collapse in eastern Congo leaves 200 dead, authorities say, but rebels dispute the number

  • Senior M23 official Fanny Kaj disputed the figure, saying that the collapse was caused by “bombings”
  • Ibrahim Taluseke, a miner at the site, said that he had helped to recover more than 200 bodies from the area

GOMA, Congo: A mine collapse at a major coltan mining site in eastern Congo left at least 200 dead, according to Congolese authorities, a number disputed by the rebel group that controls the mine.
The collapse took place Tuesday at the Rubaya mines, which are controlled by the M23 rebel group, Congo’s Ministry of Mines said in a statement on Wednesday. It was the latest such tragedy in the mineral-rich and rebel-controlled territories of the country.
But senior M23 official Fanny Kaj disputed the figure, saying that the collapse was caused by “bombings” and only five people had been killed.
“I can confirm that what people are publishing is not true. There was no landslide; there were bombings, and the death toll isn’t what people are saying. It’s simply about five people who died,” Kaj said.
Ibrahim Taluseke, a miner at the site, said that he had helped to recover more than 200 bodies from the area.
“We are afraid, but these are lives that are in danger,” said Taluseke. “The owners of the pits do not accept that the exact number of deaths be revealed.”
Rubaya lies in the heart of eastern Congo, a mineral-rich part of the Central African nation which for decades has been ripped apart by violence from government forces and different armed groups, including the Rwanda-backed M23 group, whose recent resurgence has escalated the conflict, worsening an already acute humanitarian crisis.
Congo is a major supplier of coltan, a black metallic ore that contains the rare metal tantalum, a key component in the production of smartphones, computers and aircraft engines.
The country produced about 40 percent of the world’s coltan in 2023, according to the US Geological Survey, with Australia, Canada and Brazil being other big suppliers. More than 15 percent of the world’s supply of tantalum comes from Rubaya’s mines.
In May 2024, M23 seized the town and took control of its mines. According to a UN report, since seizing Rubaya, the rebels have imposed taxes on the trade and transport of coltan, generating at least $800,000 a month.
Eastern Congo has been in and out of crisis for decades. Various conflicts have created one of the world’s largest humanitarian crises with more than 7 million people displaced, including more than 300,000 who have fled their homes since December.
In June, the Congolese and Rwandan government signed a peace deal brokered by the US and negotiations continue between rebels and Congo. However, fighting continues on several fronts in eastern Congo, continuing to claim numerous civilian and military casualties.
The deal between Congo and Rwanda also opens up access to critical minerals for the US government and American companies.
A similar collapse last month killed more than 200 people.