India set to close in on China as emerging-market stock anchor | Julhas Alam

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DHAKA, Bangladesh—Bangladesh’s Chief Justice Obaidul Hassan resigned Saturday following new protests by a group of students and other demonstrators, as the country’s interim government led by Nobel laureate Muhammad Yunus started functioning days after a mass uprising forced Prime Minister Sheikh Hasina to resign and flee to India.

Asif Nazrul, law, justice and parliamentary affairs adviser to the interim government, said in a video message posted on Facebook that his office received the resignation letter and they would forward it to the country’s figurehead President Mohammed Shahabuddin for further procedures.

A key student leader Asif Mahmud—who was appointed as an adviser at the Ministry of Youth and Sports—urged his supporters to gather at the court premises to press for their unconditional resignations, in a Facebook post in the morning. On Thursday, Yunus was sworn in, and 16 other members were included in his interim Cabinet, who were drawn mainly from civil society and included two student protest leaders after the president dissolved Parliament. New Cabinet members were chosen after talks earlier this week between student leaders, civil society representatives and the military.

Protests by students began in July against a quota system for government jobs that critics said benefitted people with connections to Hasina’s party. She resigned and fled to India Monday after the protests morphed into a movement against her government, leaving more than 300 people dead including students and police officers in the ensuing violence.

Nazrul said that the Yunus-led government would remain in power as long as necessary, trying to address the desires of people and political parties for “reforms” and “election.” He faced many court cases and was convicted by a court for violating the country’s labor law and sentenced to six months in jail. But he was on bail upon appeal, and before his appointment, he was acquitted of the charges.

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