CIA
Bangladesh among 30 countries with the highest purchasing power parity in the world
Bangladesh has ranked 26th among 30 countries with the highest Purchasing Power Parity (PPP) in the World.
According to finance website, Insider Monkey, Bangladesh has a per capita GDP of $9.41 thousand based on purchasing power parity. In 2021, the country's GDP was little more than $1 trillion. In three years, it has risen to $1.6 trillion, making Bangladesh one of the world's fastest-growing economies today. GDP (PPP): $1,573,205,815,650, as per Insider Monkey.
People’s purchasing capacity has increased, says state minister Shafiqur
Top 10 countries with the highest purchasing power parity in the world:
1 China
GDP (PPP): $35,102,468,294,640
2. United States
GDP (PPP): $28,212,584,701,080
3. India
GDP (PPP): $13,837,886,095,650
4. Japan
GDP (PPP): $6,693,210,775,800
5. Germany
GDP (PPP): $5,737,921,135,920
6. Russia
GDP (PPP): $5,180,512,624,880
7. Indonesia
GDP (PPP): $4,706,381,666,640
8. Brazil
GDP (PPP): $4,533,438,662,610
9. France
GDP (PPP): $4,161,339,481,020
10. United Kingdom
GDP (PPP): $3,967,703,923,320
Govt's main task is to tame price hike and boost people's purchasing power: PM Hasina at Tungipara
What is PPP?
Purchasing Power Parity (PPP) is a macroeconomic concept used to compare the relative value of currencies between different countries. Value refers to how much purchasing a currency can do compared to different countries. So, to find that out, economists apply PPP, which is the exchange rate at which one country’s currency would be converted into another to purchase an identical basket of goods and services. The PPP metric is usually used to measure economic productivity and standards of living between countries, according to Insider Monkey.
In other words, utilising purchasing power parity, GDP is translated to a common baseline currency (international dollars), allowing for more realistic comparisons of nations and their worldwide positions.
Tackling inflation to protect people’s purchasing power key challenge: DCCI
Methodology
For its list of the ‘30 Countries with the Highest Purchasing Power Parity in the World’, Insider Monkey calculated the PPP using the GDP per capita by PPP of the 50 top countries with the largest economies in the world and their population. It then shortlisted the top 30 and compiled the list in ascending order. The base data for GDP per capita and population has been sourced from the International Monetary Fund and the CIA’s database and is accurate to 2024, the finance website said.
8 months ago
If Putin deploys nuclear weapons in Ukraine, US will destroy Russia’s forces: Ex-CIA director
Former CIA director and retired four-star army general David Petraeus warned on Sunday that if Russian President Vladimir Putin uses nuclear weapons in Ukraine, US and its allies would destroy Russia’s troops and equipment as well as sink its Black Sea fleet.
Petreaus said that he had not discussed the anticipated US response to a nuclear escalation from Russia with national security adviser Jake Sullivan, even though administration officials claim that this response has been frequently expressed to Moscow, The Guardian reports.
“Just to give you a hypothetical, we would respond by leading a Nato – a collective – effort that would take out every Russian conventional force that we can see and identify on the battlefield in Ukraine and also in Crimea and every ship in the Black Sea,” Petreaus told ABC News.
Read: Ukraine says Russia smuggling its grain; Moscow says allegation “baseless”
The development comes days after Putin made comments that many regarded as a threat to escalate tensions between Russia and the west into a full-scale war.
When asked if the use of nuclear weapons by Russia in the Ukraine would include the United States and NATO in the conflict, Petreaus responded that such an event would not fall under the provisions of Article 5 of the alliance, which calls for a collective defence. Despite the fact that Ukraine is not a member of NATO, Petreaus claimed that a “US and NATO response” would be appropriate, the Guardian report says.
Petreaus claimed that Putin was “desperate” as a result of rising pressure after Ukrainian successes in the country’s east under the annexation declaration issued last week and mounting internal opposition to mobilisation efforts.
Read: Impact of Russia-Ukraine War on Asia’s climate goals
The ex-CIA director emphasised that things might still grow worse for Putin and Russia. And nothing will alter this, not even the tactical use of nuclear bombs in Ukraine, he said. “You have to take the threat seriously,” he, however, noted.
2 years ago
US, Pakistan face each other again on Afghanistan threats
The Taliban’s takeover of Kabul has deepened the mutual distrust between the U.S. and Pakistan, putative allies who have tangled over Afghanistan. But both sides still need each other.
As the Biden administration looks for new ways to stop terrorist threats in Afghanistan, it probably will look again to Pakistan, which remains critical to U.S. intelligence and national security because of its proximity to Afghanistan and connections to the Taliban leaders now in charge.
Over two decades of war, American officials accused Pakistan of playing a double game by promising to fight terrorism and cooperate with Washington while cultivating the Taliban and other extremist groups that attacked U.S. forces in Afghanistan.
Islamabad pointed to what it saw as failed promises of a supportive government in Kabul after the U.S. drove the Taliban from power after the attacks of Sept. 11, 2001, as extremist groups took refuge in eastern Afghanistan and launched deadly attacks throughout Pakistan.
But the U.S. wants Pakistani cooperation in counterterrorism efforts and could seek permission to fly surveillance flights into Afghanistan or other intelligence cooperation. Pakistan wants U.S. military aid and good relations with Washington, even as its leaders openly celebrate the Taliban’s rise to power.
Read:Russia says it’s in sync with US, China, Pakistan on Taliban
“Over the last 20 years, Pakistan has been vital for various logistics purposes for the U.S. military. What’s really been troubling is that, unfortunately, there hasn’t been a lot of trust,” said U.S. Rep. Raja Krishnamoorthi, an Illinois Democrat who is on the House Intelligence Committee. “I think the question is whether we can get over that history to arrive at a new understanding.”
Pakistan’s prime minister, in remarks Friday to the U.N. General Assembly, made clear there is a long way to go. Imran Khan tried to portray his country as the victim of American ungratefulness for its assistance in Afghanistan over the years. Instead of a mere “word of appreciation,” Pakistan has received blame, Khan said.
Former diplomats and intelligence officers from both countries say the possibilities for cooperation are severely limited by the events of the past two decades and Pakistan’s enduring competition with India.
The previous Afghan government, which was strongly backed by India, routinely accused Pakistan of harboring the Taliban. The new Taliban government includes officials that American officials have long believed are linked to Pakistan’s spy agency, the Inter-Services Intelligence.
Husain Haqqani, a former Pakistani ambassador to the United States, said he understood “the temptation of officials in both countries to try and take advantage of the situation” and find common ground. But Haqqani said he expected Pakistan to give “all possible cooperation to the Taliban.”
“This has been a moment Pakistan has been waiting for 20 years,” said Haqqani, now at the Hudson Institute think tank. “They now feel that they have a satellite state.”
U.S. officials are trying to quickly build what President Joe Biden calls an “over the horizon” capacity to monitor and stop terrorist threats.
Without a partner country bordering Afghanistan, the U.S. has to fly surveillance drones long distances, limiting the time they can be used to watch over targets. The U.S. also lost most of its network of informants and intelligence partners in the now-deposed Afghan government, making it critical to find common ground with other governments that have more resources in the country.
Read: Don't isolate the Taliban, Pakistan urges
Pakistan could be helpful in that effort by allowing “overflight” rights for American spy planes from the Persian Gulf or permitting the U.S. to base surveillance or counterterrorism teams along its border with Afghanistan. There are few other options among Afghanistan’s neighbors. Iran is a U.S. adversary and Central Asian countries north of Afghanistan all face varying degrees of Russian influence.
There are no known agreements so far.
CIA Director William Burns visited Islamabad this month to meet with Gen. Qamar Javed Bajwa, Pakistan’s army chief, and Lt. Gen. Faiz Hameed, who leads the ISI, according to a Pakistani government statement. Burns and Hameed have separately visited Kabul in recent weeks to meet with Taliban leaders. The CIA declined to comment on the visits.
Pakistani Foreign Minister Shah Mahmood Qureshi noted this past week that Islamabad had cooperated with U.S. requests to facilitate peace talks before the Taliban takeover and that it had agreed to U.S. military requests throughout the war.
“We have often been criticized for not doing enough,” Qureshi told The Associated Press on Wednesday. “But we’ve not been appreciated enough for having done what was done.”
Qureshi would not directly answer whether Pakistan would allow the basing of surveillance equipment or overflight of drones.
“They don’t have to be physically there to share intelligence,” he said of the U.S. “There are smarter ways of doing it.”
The CIA and ISI have a long history in Afghanistan, dating to their shared goal of arming bands of mujahedeen — “freedom fighters” — against the Soviet Union’s occupation in the 1980s. The CIA sent weapons and money into Afghanistan through Pakistan.
Read: Afghanistan’s Taliban want to address General Assembly: UN
Those fighters included Osama bin Laden. Others would become leaders of the Taliban, which emerged victorious from a civil war in 1996 and gained control of most of the country. The Taliban gave refuge to bin Laden and other leaders of al-Qaida, which launched deadly attacks on Americans abroad in 1998 and then struck the U.S. on Sept. 11, 2001.
After 9/11, the U.S. immediately sought Pakistan’s cooperation in its fight against al-Qaida and other terrorist groups. Declassified cables published by George Washington University’s National Security Archive show officials in President George W. Bush’s administration made several demands of Pakistan, from intercepting arms shipments heading to al-Qaida to providing the U.S. with intelligence and permission to fly military and intelligence planes over its territory.
The CIA would carry out hundreds of drone strikes launched from Pakistan targeting al-Qaida leaders and others alleged to have ties to terrorist groups. Hundreds of civilians died in the strikes, according to figures kept by outside observers, leading to widespread protests and public anger in Pakistan.
Pakistan continued to be accused of harboring the Taliban after the U.S.-backed coalition drove the group from power in Kabul. And bin Laden was killed in 2011 by U.S. special forces in a secret raid on a compound in the Pakistani city of Abbottabad, home to the country’s military academy. The bin Laden operation led many in the U.S. to question whether Pakistan had harbored bin Laden and angered Pakistanis who felt the raid violated their sovereignty.
For years, CIA officials tried to confront their Pakistani counterparts after collecting more proof of Pakistani intelligence officers helping the Taliban move money and fighters into a then-growing insurgency in neighboring Afghanistan, said Douglas London, who oversaw the CIA’s counterterrorism operations in South Asia until 2018.
“They would say, ‘You just come to my office, tell me where the location is,’” he said. “They would just usually pay lip service to us and say they couldn’t confirm the intel.”
London, author of the forthcoming book “The Recruiter,” said he expected American intelligence would consider limited partnerships with Pakistan on mutual enemies such as al-Qaeda or Islamic State-Khorasan, which took responsibility for the deadly suicide attack outside the Kabul airport last month during the final days of the U.S. evacuation.
The risk, London said, is at times “your partner is as much of a threat to you as the enemy who you’re pursuing.”
3 years ago
Biden holds to Kabul Aug. 31 deadline despite criticism
U.S. President Joe Biden declared Tuesday he is sticking to his Aug. 31 deadline for completing a risky airlift of Americans, endangered Afghans and others seeking to escape Taliban-controlled Afghanistan. The decision defies allied leaders who want to give the evacuation more time and opens Biden to criticism that he caved to Taliban deadline demands.
“Every day we’re on the ground is another day that we know ISIS-K is seeking to target the airport and attack both us and allied forces and innocent civilians,” Biden said at the White House, referring to the Islamic State group’s Afghanistan affiliate, which is known for staging suicide attacks on civilians.
He said the Taliban are cooperating and security is holding despite a number of violent incidents. “But it’s a tenuous situation,” he said, adding, “We run a serious risk of it breaking down as time goes on.”
The United States in recent days has ramped up its airlift amid new reports of rights abuses that fuel concern about the fate of thousands of people who fear retribution from the Taliban and are trying to flee the country. The Pentagon said 21,600 people had been evacuated in the 24 hours that ended Tuesday morning, and Biden said an additional 12,000 had been flown out in the 12 hours that followed. Those include flights operated by the U.S. military as well as other charter flights.
Read: Biden says US-led evacuation from Kabul is accelerating
Biden said he had asked the Pentagon and State Department for evacuation contingency plans that would adjust the timeline for full withdrawal should that become necessary.
Pentagon officials expressed confidence the airlift, which started on Aug. 14, can get all Americans out by next Tuesday, the deadline Biden had set long before the Taliban completed their takeover. But unknown thousands of other foreign nationals remain in Afghanistan and are struggling to get out.
The Taliban, who have wrested control of the country back nearly 20 years after being ousted in a U.S.-led invasion after the 9/11 attacks, insist the airlift must end on Aug. 31. Any decision by Biden to stay longer could reignite a war between the militants and the approximately 5,800 American troops who are executing the airlift at Kabul airport.
In Kabul, Taliban spokesman Zabihullah Mujahid told a news conference the U.S. must stick to its self-imposed deadline, saying “after that we won’t let Afghans be taken out” on evacuation flights. He also said the Taliban would bar Afghans from accessing roads to the airport, while allowing foreigners to pass in order to prevent large crowds from massing.
At the Pentagon, spokesman John Kirby said Aug. 31 leaves enough time to get all Americans out, but he was less specific about completing the evacuation of all at-risk Afghans. He said about 4,000 American passport holders and their family members had been evacuated from Kabul as of Tuesday.
“We expect that number to grow in coming days,” Kirby said.
With the full U.S. withdrawal looming, the Pentagon said several hundred U.S. troops have been withdrawn because they are no longer needed to complete the evacuation mission. Kirby said these are headquarters staff, maintenance personnel and others. “It will have no impact on the mission at hand,” he said.
It’s unclear how many Americans who want to leave are still in the country, but their status is a hot political topic for Biden. Some Republicans bristled Tuesday at the U.S. seeming to comply with a Taliban edict. “We need to have the top priority to tell the Taliban that we’re going to get all of our people out, regardless of what timeline was initially set,” said Rep. Steve Scalise of Louisiana.
And Democratic Rep. Adam Schiff of California, chairman of the House Intelligence Committee, told reporters Monday that “it was hard for me to imagine” wrapping up the airlifts by the end of the month.
One of the main refugee groups resettling Afghan evacuees in the United States said many people, including some American citizens, still were finding it impossible to get past Taliban checkpoints and crushing throngs outside the airport.
Read:Biden vows to evacuate all Americans — and Afghan helpers
“The United States cannot pat itself on the back for a job half-done,” said Krish O’Mara Vignarajah, president and CEO of Lutheran Immigration and Refugee Service.
Biden decided in April that he was ending the U.S. war, which began in October 2001. Former President Donald Trump had earlier agreed in negotiations with the Taliban to end the war in May.
However, Biden waited until the Taliban had swept to power this month, following the collapse of the U.S.-backed government and its army, to begin executing an airlift.
Tragic scenes at the airport have transfixed the world. Afghans poured onto the tarmac last week and some clung to a U.S. military transport plane as it took off, later plunging to their deaths. At least seven people died that day, and another seven died Sunday in a panicked stampede. An Afghan solider was killed Monday in a gunfight.
British Prime Minister Boris Johnson said the Group of Seven nations will not recognize a Taliban government unless it guarantees people can leave the country if they wish, both before and after the August deadline. A day earlier, the director of the U.S. Central Intelligence Agency, William Burns, met with a top Taliban leader in Kabul. The extraordinary meeting reflected the gravity of the crisis and America’s need to coordinate with a Taliban group it has accused of gross human rights abuses.
For now, the U.S. military coordinates all air traffic in and out of the Kabul airport, but the Taliban will take over there after the U.S. pullout.
Meanwhile, a U.S. official said Burns, the CIA director, met with Taliban leader Mullah Abdul Ghani Baradar — an extraordinary moment for the U.S. spy agency, which for two decades targeted the Taliban in paramilitary operations. It was not clear what exactly they discussed.
The CIA partnered with Pakistani forces to arrest Baradar in 2010, and he spent eight years in a Pakistani prison before the Trump administration persuaded Pakistan to release him in 2018 ahead of U.S. peace talks with the Taliban.
Mujahid, meanwhile, pushed back on the idea that Afghans need to flee, arguing that the Taliban have brought peace and security to the country. He said the main problem was the chaos at the airport, and he accused the U.S. of luring away engineers, doctors and other professionals on which the country relies.
Read:Defiant Biden is face of chaotic Afghan evacuation
Earlier, U.N. human rights chief Michelle Bachelet said she had credible reports of “summary executions” of civilians and former security forces who were no longer fighting, the recruitment of child soldiers and restrictions on the rights of women to move around freely and of girls to go to school.
She did not specify the timing or source of her reports.
It has been difficult to determine how widespread abuses might be and whether they contradict the Taliban’s public statements or reflect disunity in its ranks.
From 1996 until the 2001 U.S.-led invasion, the Taliban largely confined women to their homes, banned television and music, chopped off the hands of suspected thieves and held public executions.
3 years ago
Iran to execute alleged spy who gave nuclear secrets to CIA
Iran said Tuesday that its top court confirmed a death sentence for an Iranian man convicted of spying for the CIA, with state media alleging that he had shared details of the Islamic Republic's nuclear program with the American spy agency.
4 years ago