The private sector performs well when firms can compete on a level playing field. But if the state is willing to influence market outcomes for individual firms, politically connected parties can gain an advantage over their more efficient competitors. The US economy has long been among the most productive in the world precisely because it has..
The latest alarming news about climate change is that huge swaths of densely inhabited land will be underwater by 2050, with their cities “erased.” These reports – which appeared in The New York Times and many other media outlets – are based on a good research paper by scientists at Climate Central, but they get the story wrong. This is..
(People.com): Kelly Clarkson’s celebrity green room is now a multi-colored masterpiece! The Kelly Clarkson Show host enlisted..
By ARON HELLER and JOSEF FEDERMAN, JERUSALEM (AP): Israel’s attorney general on Thursday formally charged Prime Minister Benjamin Netanyahu in a series of corruption cases, throwing the country’s..
By COLLEEN BARRY, VENICE, Italy (AP): The historic lagoon city of Venice exists on the edge of a double threat: As it sinks, the seas rise. That reality became more stark this week when Venice was..
HONG KONG, (AFP): China on Thursday accused the United States of seeking to "destroy" Hong Kong and threatened retaliation after Congress passed new legislation supporting the pro-democracy movement..
By CHRISTINA LARSON and EMILY WANG, XINING, China (AP): There’s a building boom on the Tibetan plateau, one of the world’s last remote places. Mountains long crowned by garlands of fluttering..
NEW DELHI, (PTI): The opposition Congress on Thursday protested in Lok Sabha against privatisation of a few PSUs, including Bharat Petroleum Corporation Limited (BPCL), and issuance of electoral..
KATHMANDU: The Food Management and Trade Company (FMTC) is to purchase 30,000 metric tonnes of paddy this year. Chief Executive Officer of the Company, Shreemani Raj Khanal, said that with the..
KATHMANDU: The Pancheshwor Development Authority is holding its joint meeting of the project's governing body in New Delhi in order to forward the much hyped but badly delayed Pancheshwor Hydropower Project. The governing body's meeting is being held on in New Delhi on November 29. A 13-member Nepali delegation led by Secretary at Ministry of..
KATHMANDU: Paragliding competition would be held in 13th South Asian Games scheduled from December 1 to 10 in Nepal. It is sure that the paragliding competition would not take place in this SAG after only players from Nepal and Pakistan registered their name for the competition till Wednesday, said Nepal Olympic Committee, Tej Bahadur Gurung. A..
KATHMANDU: Kumar Panta, receiving 1,217 votes, has been elected the President of Non-Resident Nepali Association (NRNA) in the election held in course of the 9th NRN Global Conference and NRNA International General Assembly. According to the election committee, his nearest rival Kul Acharya was defeated by 147 votes. Similarly, Dr Badri KC,..
WASHINGTON: Nepal's Ambassador for the USA, Dr Arjun Kumar Karki, applauded International Nepali Literature Society (INLS) for..
Paola Subacchi: The People’s Bank of China wants to keep the renminbi exchange rate stable and in line with the government’s policy objectives. Since August 2015, when tumbling Chinese stock prices raised the specter of financial instability, that has meant, first and foremost, preventing excessive capital outflows. As growth slows and US..
KATHMANDU: The Meteorological Forecasting Division has said some places in the eastern hilly region in the country will have light rains owing to local winds in the next 24 hours. Meteorologist Manju Basi shared that most the places in the country witnessed weather change because of local and westerly wind. "Few places in the hilly regions are..
Narayan Dhungana, KATHMANDU: The Kathmandu Metropolitan City (KMC) has decided to declare itself as the 'Beggar-free Metropolitan City'. This declaration would be made on December 15 on the occasion..
KATHMANDU: One thousand and two hundreds climbers of 164 groups have acquired permission to climb mountains in this autumn season. The climbers have obtained permission from the Department of..
There is an inherent bestiality in the politics of the Americas that signals coup, assassination and disruption. No state is ever allowed to go through what is weakly..