The Covid-19 pandemic has altered our perception about what is normal, and thus our 'needs' and 'wants' carry a new meaning. As we wander amid an unprecedented crisis, many of us believe that it may perhaps change us as a species. Our priorities have changed, and so has our outlook towards life. It has changed everything from the way we communicate to the overall functioning of each sector of the business environment.
HONG KONG – By disrupting the world’s interconnected economic, social, and geopolitical spheres, the COVID-19 crisis has exposed just how fragile and inequitable the institutions that govern them really are. It has also highlighted how difficult it is to address systemic fragility and inequity amid escalating national-security threats.
Notions of liberal democracy and communism-socialism have long divided mankind into opposing ideological-social, political-economic governance models and world views. Both came together to defeat the menace of political populism, economic-tribal-territorial nationalism gripping Europe around the last world wars. But the power of ideas was so strong that the division re-emerged as the Cold War soon after World War II ended. Even as Europe, the old epicenter, struggles to evolve out of the dictates of outdated ideas, elsewhere division is now resurfacing with renewed vigor as US-China tussle.
The Nepal Rastra Bank recently released the monetary policy for the current fiscal year 2020/21. This is the 19th in the series after the Nepal Rastra Bank started to introduce the annual monetary policy in 2002 in line with a provision of the Nepal Rastra Bank Act (2002).
Recently, Minister for Agriculture and Livestock Development Ghanashayam Bhsual said that agriculture sector has been deliberately ruined in the last 30-40 years. Ruin means collapse or complete destruction. Is there complete destruction of our agriculture system? Or has Nepali agriculture collapsed? If so, agriculture in Nepal would have been non-functional by now.
In the past two decades, the concept of smart city has been gaining popularity globally. While several cities such as Seoul, Singapore, Taipei, Barcelona, Chicago and Hong Kong have been implementing elements of smart city planning and design concepts, some city planners and civic leaders are also speaking about the benefits of adopting smart city notions for Nepal.
Sushant Singh Rajput, the Bollywood actor, is no more and the news of his suicide is unfortunate. His last Instagram post was a collage of his mother along with his picture, which he captioned it poetically, ‘Blurred past evaporating from teardrops, unending dreams carving an arc of smile and a fleeting life, negotiating between the two...Maa.’
India’s total installed capacity stands at massive 368 GW, which is the third largest in the world after China and the US. India has more than 10 different generators in its energy mix. Majority of the generation is through coal plants, which are getting cleaner through integration of cleaner coal technologies and environmental controls.
The Limpiadhura, Kalapani, Lipulekh border dispute has taken Nepal-India relation to one of its historic lows. In the immediate aftermath of changing maps and heated debates calling their own claims as based on historical evidence and questioning the motive of the other, a “cooling down” period to prevent relations from deteriorating further may be needed. But sooner than later both South Asian neighbors, interlinked with inextricable bonds of history, geography, politics, economics, culture and religion, must meet to resolve the problem through serious and friendly negotiations.
With the COVID-19 pandemic bringing to a halt economic and broader development activity around the world, the World Bank has projected that remittances to low-and middle-income countries (LMICs) will fall sharply in 2020—by about 20 percent. Nepal, where remittance contribution to GDP in 2019 was equivalent to 27.3 percent according to the World Bank, has lost nearly 50 percent of remittances in past two months compared to the same period last year according to the Nepal Rashtra Bank, the country’s central bank’s report published in May 2020.
NEW YORK – The United States finds itself confronting several daunting challenges simultaneously. There is the COVID-19 pandemic, which has already claimed nearly 120,000 lives and shows little sign of abating in large swaths of the country. The economic impact has been devastating, with some 40 million currently out of work and the Federal Reserve projecting that many of them will remain unemployed for a prolonged period.
Territory, legitimate government, population, recognition by other countries, sovereignty and military force constitute a state. Among all the elements territory is the first and foremost important element. And that particular territory of a state has to be defined, delineated and well protected. The people of that particular state have sovereign rights within that designated borders.
BRUSSELS – The economic consequences of the COVID-19 crisis occupy almost everyone’s thoughts and conversations. And for good reason: the European Union, for one, is headed toward the worst recession in its history, with the economy expected to shrink by 7-12% this year. But far less is being said about the danger the pandemic poses to democracy, even though the signals are similarly ominous.
MUMBAI, May 7: Hundreds of Indian police have tested positive for the coronavirus in recent days, raising alarm among an over-stretched force as it attempts to enforce the world’s largest lockdown to contain the pandemic.
I can imagine a household full of children, without the option of going out during this current state of lockdown. Schools, colleges, offices and everything else is closed, and everyone is home. I am sure the first few days were very chaotic, till the establishment of routines, and everyone found their corner to play, or to do their stuff. Still, the siblings had some level of rivalry and tensions among them. That’s what siblings are all about.
NEW YORK – After the 2007-09 financial crisis, the imbalances and risks pervading the global economy were exacerbated by policy mistakes. So, rather than address the structural problems that the financial collapse and ensuing recession revealed, governments mostly kicked the can down the road, creating major downside risks that made another crisis inevitable. And now that it has arrived, the risks are growing even more acute. Unfortunately, even if the Greater Recession leads to a lackluster U-shaped recovery this year, an L-shaped “Greater Depression” will follow later in this decade, owing to ten ominous and risky trends.
NEW DELHI/DHAKA, April 27: More than 500 garment factories in Bangladesh that supply to global brands reopened on Monday after a month-long shutdown to curb the spread of the coronavirus, while in India calls grew for an easing of its lockdown which has caused deep economic pain.
Due to the COVID-19 pandemic, schools across Nepal have been closed since March 19 and it is not clear when they will open. They could remain closed for many more days. The major challenge at this point is to ensure that all children have access to education. Many experts have expressed their opinions on the issue. Some favor online teaching methods while others opine that Nepal is not yet ready for online teaching. It is important to be clear regarding the availability of radio, mobile phone, television, computer and internet facilities as well as the current use and possibility of digital learning materials and software while discussing the matter.
The coronavirus pandemic has completely engulfed the world. The United States is now the epicenter of the crisis. The worldwide shutdowns necessary to contain the spread of the virus has been quite detrimental to the global economy. What is good for public health has been devastating for economies around the world. In the United States, about 17 million people, more than 10 percent of the labor force, filed for unemployment claims during the month of March. Canada sheds more than one million jobs in March, which represents almost five percent of the country’s labor force. The statistics are unavailable for Nepal but if it were, it would be damning for the economy. Since there is no public provision for lost income in Nepal, there are no estimates to rely on to quantify the labor market effects of the economic shutdown.
BEIJING/SHANGHAI, April 20: China’s farm production and market operations face grave challenges this year as it grapples with the double threats of imported coronavirus cases and African swine fever, an official of the agriculture ministry said on Monday.
Over the past few months, I had the opportunity to lead a skills lab for bachelor’s degree students of social work, trying to help them bridge the gap between theoretical and practical knowledge. There is no training that can make a youth completely ready for a job as only a continuous and engaging “on the job” experience can help her become the best she can be.
KATHMANDU, Oct 23: Minister for Law Justice and Parliamentary Affairs Bhanu Bhakta Dhakal has stressed the need for deepening multilateral efforts to overcome new global challenges brought by science, advance technology, and connectivity.
The budget has not met people’s expectations though there are some positive points. What I am unhappy with is that the budget is not centered on federalism. It does not provide a base for strengthening the federal structure. It is just a kind of traditional budget.
Today’s social structure is incredibly complex, and our societies are left with many more challenges: judicial, socio-economic, religious and psychological to mention a few. The most important workforces in helping us address these challenges are social workers. They have committed themselves to bringing a positive change in people who face various challenges in their social, economic and psychological spheres of life.
AMMAN, April 8: Participants in the World Economic Forum on the Middle East and North Africa (MENA) 2019 concluded on Sunday, calling on stakeholders to increase collaboration on social, economic and climate issues to address regional challenges.
JUMLA, Feb 14: With increased poaching activities and rampant destruction of habitat, Jumla district is finding it challenging to conserve the endangered red pandas.Stakeholders, in a conservation program organized on Thursday, expressed deep concern over the failure to protect red pandas even in the conservation areas.“The government should have efficient policies for protecting red pandas,” said civil society leader Raj Bahadur Mahat.
KATHMANDU, July 20; Worldwide Nepalese Students' Organization-Bangladesh (WNSO-Bangladesh) has condemned the 'senseless and unethical' statement made recently by Durga Prasain, the executive director of Jhapa-based controversial B&C Hospital.
When NRNA ICC participants and experts are returning from their visit to a rendezvous of exquisite beauty, unprecedented innovation, and prosperity, San Francisco, they are also taking home a revealing dream and commitment regarding prosperity and consolidation of resources in their motherland, Nepal. NRNA ICC’s North America Region’s Expert Conference on Skill, Knowledge, and Technology Transfer in Nepal, organized in California from June 16-17, has proved to be one of the rarest events of this magnitude that has inspired deep commitments, renewed energy, and uplifted morale of Nepali diaspora.
Thirty Innovation Leaders have been chosen to work with Daayitwa for the YuwaAaja Campaign. According to the press statement released by Daayitwa, the organization aims to enhance the innovation and leadership capability of the youth to help them advocate for progressive social change and favorable policy reforms on youth employment issues in Nepal.
Horizontal devolution and distribution of resources among the states is going to be major concern for Nepal’s fiscal commission. Horizontal devolution and distribution of resources among the states is going to be major concern for Nepal’s fiscal commission
KATHMANDU, May 25: Former prime minister and coordinator of Naya Shakti Party, Nepal, Baburam Bhattarai, has challenged the government to present the implementation plan for its policy and programs for the next fiscal year.
KATHMANDU, May 18: Surya Nepal Pvt Ltd Premier Golf Championship is the final tournament of Surya Nepal Golf Tour 2017-18 that carries the highest cash prize of Rs 1.2 million. The event slated for May 20 to 24 at the Gokarna Golf Club carries significant importance to the golf players in terms ranking and cash prize.
KATHMANDU, March 15: Challenges to ecosystems and ways to overcome such challenges was discussed at a regional symposium held in Kathmandu on March 13 and 14. It was organized jointly by the Ministry of Forests and Environment, the International Centre for Integrated Mountain Development (ICIMOD), the UK's Ecosystem Services for Poverty Alleviation (ESPA) program and UN's Program on Reducing Emissions from Deforestation and Forest Degradation.
UDAYAPUR, March 11: Chief of Army Staff Rajendra Chhetri today said Nepal Army is ready to deal with any situation that may befall the country, committed to its responsibility. "Safeguarding sovereignty, territorial integrity, national unity and independency of the country is major responsibility of the Army.