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The Baseline
03 Jul 2016
Morning Brief - Sunday
Bangladesh minister says Dhaka attack was not ISIS, foreign investor money rides high on hopes for a good monsoon, RBI governor tenure lowest among central banks, China dominating Bitcoin


Bangladeshi Home Minister says that the attackers in the Dhaka restaurant were not ISIS but a homegrown group called the Jameytul Mujahdeen, which has no connections with ISIS. The group has been banned in the country for over a decade. IE
The RBI governor's term is the lowest of all central bank governors globally. In the US, the central bank governors have served consecutive renewable terms, with Alan Greenspan serving for over 20 years. BS
Foreign investors have brought in over Rs 3700 crore into the stock markets, riding on hopes of a good monsoon. ET
The digital currency Bitcoin has become a multibillion dollar industry, one that is increasingly dominated by China. Chinese exchanges account for 42% of worldwide Bitcoin transactions, and Baidu has invested alongside Chinese banks in the Bitcoin company Circle. NYT


Photo: A Nepali youth plays in a paddy field during National Paddy Day . Source: Atlantic
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