Bangladesh, Dec. 17 -- Bangladeshs economy is in a rapid nosedive, with over one million people becoming unemployed since August 5. Numerous commercial and industrial establishments are shutting down due to an acute liquidity crisis in the financial sector. This crisis hampers entrepreneurs from opening Letters of Credit (LCs) for importing essential raw materials and other items required for sustaining businesses. Meanwhile, dozens of “buying houses” that coordinated the procurement of ready-made garments (RMG) from local factories for large buyers-mostly in the United States, Britain, and EU nations – have closed their offices in Dhaka and other parts of the country. This closure is primarily driven by mob anarchy, ram...