The BRICs at 20

January 19, 2021 09:00 am

What the world really needs is what we called for back in 2001: genuinely representative global economic governance. Let us hope there is a renewed desire to take this path under the new US administration.

WASHINGTON, Jan 15: Federal prosecutors offered an ominous new assessment of last week’s siege of the U.S. Capitol by President Donald Trump’s supporters on Thursday, saying in a court filing that rioters intended “to capture and assassinate elected officials.”

Donald Trump’s costly legacy

January 13, 2021 08:00 am

Donald Trump is handing off a country and a world in far worse condition than he inherited. That is his distressing legacy.

Three strikes on democracy

January 12, 2021 09:43 am

If President Bhandari had downplayed her party affiliation, revisited the list of her duties as a President and sought counsel, instead of rushing to satisfy Oli, she could have reached a different conclusion.

WASHINGTON, Jan 11: The chairman of the U.S. House of Representatives’ Rules Committee said he expected the article of impeachment against President Donald Trump to get to the House floor for a vote on Wednesday and predicted it will pass.

Ten hours that shook America

January 8, 2021 11:31 am

For the first time in the country’s history, a defeated incumbent president summoned a mob to intimidate Congress into violating the US constitution to keep him in power.

Sorrows of democracy

January 6, 2021 13:13 pm

Trumpism and Oli-garchy may keep on raising their heads time and again, but it is the people who make history by their collective action, and who continue to carve new forms of democracy.

While Nepali politicians remain motivated by personal gain, they have kept the great powers off balance. Nepal’s political uncertainties, and the record of multiple leaders shifting their priorities and relationships, have created difficulties for either great power to establish firm linkages with Kathmandu.

The Sino-American race to zero

January 5, 2021 08:15 am

Climate action has become yet another front in the competition between the world’s two largest economies. Who will cross the net-zero-emissions finish line first?

DUBAI, Jan 4: Iran has resumed 20% uranium enrichment at an underground nuclear facility, the government said on Monday, breaching a 2015 nuclear pact with major powers and possibly complicating efforts by U.S. President-elect Joe Biden to rejoin the deal.

What’s next for Nepal?

January 4, 2021 08:40 am

Should the Supreme Court nullify the dissolution and reinstate the House, PM Oli’s position will be threatened and he will need to scramble for new alliances with Nepali Congress and the Janata Samajwadi Party.

When will Nepal get Covid-19 vaccines?

January 4, 2021 08:00 am

In Nepal, it may take much more time than expected for the entire population to get vaccinated. Political turmoil does not offer much hope.

The brutal governance lessons of 2020

January 3, 2021 08:00 am

The pandemic has revealed the urgent need to build connective tissue across governments and between national and sub-national institutions in the US and the UK.

Ivanka the inevitable?

December 26, 2020 07:16 am

For the Trumps, Ivanka may well be the ideal frontwoman. She is as soulless and cutthroat as her father, but more polished and polite, and she seems to be at least partly aware of the flaws in the Trump brand.

The pandemic’s long economic shadow

December 25, 2020 07:34 am

While mass vaccination points to an end to the COVID-19 pandemic in the next year or so, it does not provide immunity against longer-term economic damage.

The best way to help poor countries obtain more doses is to reach an international agreement, presumably through COVAX and the WHO, to coordinate the allocation of available vaccines.

WASHINGTON, Dec 21: A bipartisan legislative deal unveiled by U.S. lawmakers on Sunday will grant U.S. airlines $15 billion in new payroll assistance that will allow them to return more than 32,000 furloughed workers to payrolls through March 31, sources briefed on the matter told Reuters.

Bull or bear in 2021?

December 17, 2020 08:35 am

What can we expect in 2021? On the positive side, the year will follow a similar script as 2020, with generous monetary and fiscal policies justifying further optimism for equities.

LONDON, Dec 12: The U.S. Food and Drug Administration said it authorized the use of Pfizer Inc’s COVID-19 vaccine on Friday, with the first inoculations expected within days, marking a turning point in the United States where the pandemic has killed more than 295,000 people.

A tale of two economies

December 2, 2020 08:30 am

This is the best of times and the worst of times. As financial markets celebrate the coming vaccine-led boom, the confluence of epidemiological and political aftershocks has pushed us back into a quagmire of heightened economic vulnerability.

China’s global climate boost

November 30, 2020 07:00 am

With the American public divided and climate science politicized, rejoining the Paris accord will not by itself make the US a reliable player in international climate politics.

Maintaining a delicate balance between the immediate and extended neighborhood is the best way for Nepal to realize its national interest objectives.

DUBAI (Reuters) - An Iranian scientist long suspected by the West of masterminding a secret nuclear bomb programme was killed in an ambush near Tehran on Friday that could provoke confrontation between Iran and its foes in the last weeks of Donald Trump’s presidency.

Joe Biden’s world order

November 25, 2020 19:55 pm

A post-Trump order appears to be more about a return to the inter-bloc competition of 1945 than to post-Cold War liberal euphoria.

GENEVA, Nov 11: A senior U.S. government official complained Tuesday that the World Health Organization has not shared enough information about its planned mission to China to investigate the animal origins of the coronavirus.

WILMINGTON, Nov 8: Joe Biden used his first national address as president-elect to vow to heal a deeply divided nation, declaring it was time to “let this grim era of demonization in America begin to end” and reaching out to the millions of people who voted against him to say, “Let’s give each other a chance.”

WASHINGTON/BRUSSELS, Nov 5: The United States formally exited the Paris Agreement on Wednesday, fulfilling an old promise by President Donald Trump to withdraw the world’s second-largest greenhouse gas emitter from the global pact to fight climate change.

NEW YORK, Nov 5: New confirmed cases of the coronavirus in the U.S. have climbed to an all-time high of more than 86,000 per day on average, in a glimpse of the worsening crisis that lies ahead for the winner of the presidential election.

WILMINGTON, Del./WASHINGTON (Reuters) - Democrat Joe Biden said on Wednesday he was headed toward a victory over President Donald Trump in the U.S. election after claiming the pivotal Midwestern states of Wisconsin and Michigan, while the Republican incumbent opened a multi-pronged attack on vote counts by pursuing lawsuits and a recount.

WASHINGTON, Nov 4: Republican Sen. John Cornyn of Texas has defeated Democrat MJ Hegar in his hardest-fought reelection battle in almost two decades.

China leads again

November 1, 2020 06:50 am

Just as China led the world in economic recovery in the aftermath of the global financial crisis of 2008, it is playing a similar role today. Its post-COVID rebound is gathering momentum amid a developed world that remains on shaky ground.

Chinese nationalists erupted in anger at South Korean boy band BTS after its leader thanked Korean War veterans for their sacrifices

Post-pandemic geopolitics

October 10, 2020 06:00 am

In 2030, COVID-19 looks just as unpleasant as the Great Influenza of 1918-20 looked from 1930, and with similar limited long-term geopolitical effects.

The American strategy of isolating China and thus making it weaker cannot ensure greater good.

KATHMANDU, Oct 2: President Bidya Devi Bhandari has sent a message to US President Donald J. Trump wishing him and Melania Trump a speedy recovery.

China and the US will use multilateralism, formal and informal, to protect the system within which they have flourished and to solidify the alliances with which they intend to chart their future course.

LONDON, Sept 26: The number of novel coronavirus cases in the United States topped 7 million - more than 20% of the world’s total - as Midwest states reported spikes in COVID-19 infections in September, according to a Reuters tally.

PHILADELPHIA/WASHINGTON, Sept 21: Democratic presidential candidate Joe Biden urged Senate Republicans not to vote on any candidate nominated to the U.S. Supreme Court as the November election nears, calling President Donald Trump’s plan an “exercise of raw political power.”

In defense of the United Nations

September 21, 2020 13:22 pm

September is known for the annual sessions of the United Nations General Assembly in New York. But this time, most of the activities are being conducted due to Covid-19.This year marks UN’s 75th anniversary, although the collective future of the organization is shrouded in unilateralism, nationalism and populism. The intergovernmental organization should have been the desirable multilateral forum for finding solutions to many of the world’s most pressing problems—from pandemic to nuclear weapons to disruptive technologies to devastating wildfires. That is not the case at the moment. Instead, the global body has been the prisoner of the politics of big powers.

The unanimous ruling issued Monday by a three-judge panel of the 9th U.S. Circuit Court of Appeals is the latest — but possibly not the last — in a case that has wound through the courts of Spain and the United States for 20 years.

WASHINGTON, Aug 20: U.S. Senator Kamala Harris accepted the Democratic nomination for vice president on Wednesday, imploring Americans to elect Joe Biden in November and accusing President Donald Trump of failed leadership that had cost lives and livelihoods during a pandemic.

WASHINGTON DC, July 31: U.S. coronavirus deaths rose by almost 25,000 in July and cases doubled in at least 18 states during the month, according to a Reuters tally, dealing a crushing blow to hopes of quickly reopening the economy.

Seven South Asian film festivals in the U.S. and Canada have decided to merge their efforts into one online event running Oct. 3-17.

KATHMANDU, July 15: The US immigration authorities have withdrawn a move to force international students to leave the country if their colleges and universities run online-only classes. The decision comes as a huge relief to thousands of international students worried about their visa status in the country.

Six women who claim they were sexually abused by Harvey Weinstein urged a U.S. judge on Monday to reject an $18.9 million settlement with the disgraced movie producer, the board of his former studio and other accusers.

BRUSSELS/CHICAGO, June 27: European Union countries failed to settle on Friday on a final “safe list” of countries whose residents could travel to the bloc from July, with the United States, Brazil and Russia set to be excluded.

WASHINGTON, D.C., April 5: Five Nepalis have died from coronavirus in the United States of America, it has been confirmed.

WASHINGTON, April 5: As the first alarms sounded in early January that an outbreak of a novel coronavirus in China might ignite a global pandemic, the Trump administration squandered nearly two months that could have been used to bolster the federal stockpile of critically needed medical supplies and equipment.

Actor-singer Harry Styles says he is stranded in the US in the wake of the coronavirus pandemic. Several governments have imposed lockdowns in their countries so as to tackle the pandemic. This resulted in air travel also being suspended.

NEW YORK, March 27: The number of U.S. coronavirus infections climbed above 82,000 on Thursday, surpassing the national tallies of China and Italy, as New York, New Orleans and other hot spots faced a surge in hospitalizations and looming shortages of supplies, staff and sick beds.