That’s the message from the UN’s trade and development body UNCTAD, which called on Tuesday for urgent reform of the international financial system to support the world’s 46 Least Developed Countries. In line with the Sustainable Development Goals, or SDGs, these most vulnerable economies urgently require foreign investment to add value to their economic output,…
According to agencies on the ground, more than 380 aftershocks have been reported since the 6.4 magnitude quake struck shortly before midnight of Friday into Saturday, local time. Initial findings suggest over 4,000 homes have been damaged in the worst affected districts of Rukum (West) and Jajarkot, leaving up to 1.3 million people without effective…
The powerful 6.4 magnitude earthquake struck the remote and rural districts of Rukum (West) and Jajarkot shortly before midnight on Friday (local time) as families slept in their mostly mud-brick homes, trapping many under the rubble. Several aftershocks have since been reported. The shaking was also felt in the capital, Kathmandu, about 510 kilometres (about…
“It is an honor to be here in Lumbini – a site of spirituality, serenity, and peace,” Mr. Guterres began. “I am deeply moved to have been invited to pay tribute to Lord Buddha.” A UNESCO World Heritage Site, Lumbini in southern Nepal, is known as the birthplace of Lord Buddha. It holds immense…
File photo Nepalese mountaineer Kami Rita Sherpa has reached the summit of Mount Everest for the 27th time. According to foreign media, Kami Rita once again won the record for the highest summit of Mount Everest. An official of the Nepali travel agency said that Kami Rita along with the Vietnamese climber reached the summit…
There are currently 46 so-called Least Developed Countries (LDCs), a United Nations designation. They have been participating in an international conference in Doha, Qatar, focused on how best to support their development and future graduation from the LDC group. Subharsh Nepali (left) and colleagues (file) “In the 1970s, when Nepal was first included in the…
Photo courtesy of Twitter Nepal wicketkeeper Asif Sheikh has received the International Cricket Council (ICC) Spirit of Cricket Award 2022. The award was given to Asif Sheikh in view of his excellent performance in the T20 match against Ireland on February 14, 2022. In the 19th over of the match, the Irish batsman tried to…
