A near-10% drop in the value of the US dollar since its March high has given rise to two distinct narratives. The first takes a short-term perspective, focusing on how a depreciation could benefit the US economy and markets; the second takes the long view, fretting over the dollar’s fragile..
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As India prepares to celebrate the 73rd anniversary of its independence on August 15, a growing number of Indians are coming to believe that the battle to preserve the essence of the country born in 1947 is already lost. Many commentators have concluded that Prime Minister Narendra Modi’s..
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China is one country which is extremely interested in the outcome of the forthcoming Presidential election in the USA and must be hoping against hope that President Trump would be unseated. Until the time that Trump assumed office as President of the USA, China had a nearly smooth run ..
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KATHMANDU:- Nepal's national and international flights, which were supposed to operate from September 17, have been postponed again. A meeting of the Covid-19 Crisis Management Center (CCMC) on Sunday recommended to the government to postpone the decision from the predetermined date to 15..
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There are few more righteous sights than the paunchy US Secretary of State savaging the People’s Republic of China with his next volley on Chinese territorial aspirations. In July, Mike Pompeo released a statement putting any uncertain minds at ease on where Washington stood on the matter. “We..
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As predicted by several pollsters, the ruling Sri Lanka Podujana Peramuna party (SLPP or People’s party) led by Rajapaksa brothers has gained majority in the Sri Lankan parliamentary election. This verdict is no surprise, particularly considering the anxiety of Sri Lankan..
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COVID-19 has claimed more than 700,000 lives, infected over 19 million people, and decimated rich and poor economies alike. But, even as most of the world faces unprecedented recession, policy responses differ sharply. The contrast between Europe and Asia is a case in point. Both regions are..
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Following US President Donald Trump’s vow to block US access to TikTok, the popular short-video app’s Chinese parent company, ByteDance, has been in frantic talks with Microsoft, presumably to sell its subsidiary quickly before the ban goes into effect. Of course, it is possible – even..
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By N24 Correspondent, LOS ANGELES: U.S. Health Secretary Alex Azar is to make the first cabinet-level visit of a top U.S. official to Taiwan in six years, as Washington vows to take more steps to boost the democratic island, which China has threatened to invade. According to Radio Free Asia (RFA),..
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The importance of a reliable and widely accessible health-care system is never more apparent than during a pandemic. It is now painfully clear that countries cannot pursue economic development, and assume that the health system will develop in tandem. Instead, they must do what South Korea did:..
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Given the stark differences between US President Donald Trump and Joe Biden, his presumptive Democratic challenger, the outcome of the November presidential election will have far-reaching implications not only for the United States, but also for the rest of the world. So should we brace for four..
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Advanced economies have already spent enormous amounts providing pandemic relief to households and small- and medium-size businesses. The International Monetary Fund’s June outlook estimates that, including fiscal measures and credit guarantees, spending reached approximately 20 percentage points..
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Saudi Crown Prince Mohammed bin Salman – known to Saudis and foreigners alike as MBS – is already his country’s de facto ruler, owing to the infirmity of his 84-year-old father, King Salman. With the king currently recovering from gallbladder surgery, the spotlight is shining even more..
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By Adnan, KASHMIR: Before getting to characterize life in Kashmir after the abrogation of article 370, I might wish to make a couple of points clear. There is no doubt, the armed dispute in Kashmir has claimed thousands of lives and caused the economy to bleed and has posed serious warnings to the..
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By Somya Agrawal, KATHMANDU: Gold is said to be one of the highly liquid assets and is the first priority of the investors in the times of economic slowdown, financial uncertainty, and of course ongoing pandemic, COVID-19. To minimize or diversify risks of financial markets, especially in times of..
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While the COVID-19 pandemic rages, more than 100 low- and middle-income countries will still have to pay a combined $130 billion in debt service this year – around half of which is owed to private creditors. With much economic activity suspended and fiscal revenues in free fall, many countries..
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One noisy theme in the Donald Trump Disruption Show in an otherwise chaotic assemblage of messages has remained fairly constant: winding back US troop commitments. The US has fought its complement of wars, bloodied and bloodying. Time to up stakes and head home. It was a message that sold in 2016..
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To track the presence of SARS-CoV-2, the virus that causes COVID-19, the United States is relying heavily on polymerase chain reaction (PCR) live virus testing at massive scale. In the most common version of this approach, samples – nasal swabs or saliva – are sent to relatively large labs,..
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Russian President Vladimir Putin has shown his regime’s real intentions. By changing the constitution to allow him to remain in office until 2036 and incorporating conservative new language, it has cast off its teetering mask of democratic legitimacy. But just as Putin has sought to entrench his..
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The European Council’s five-day meeting to hash out a 2021-2027 budget and a COVID-19 emergency spending package had all the hallmarks of Euro-summitry: long nighttime discussions; threats by some leaders to leave without an agreement; and a Franco-German push for a deal. Naturally, it all..
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A near-10% drop in the value of the US dollar since its March high has given rise to two distinct narratives. The first takes a short-term perspective, focusing on how a..
