Nepal’s Nascent Democracy Faces A Presidential Problem
Over 600,000 stateless citizens were banking heavily on the Nepal Citizenship Act (2006) Amendment Bill 2022, passed by both houses of the parliament. But the President, Bidya Devi Bhandari, has refused to authenticate it to turn it into law.
Armenia-Azerbaijan Crisis: Can The World Afford Another War?
Christian-majority Armenia is a close ally of Russia, while Turkish-speaking Azerbaijan is mostly Muslim and sees Turkey as its long-time mentor.
Erdogan Emerges A Grand Statesman At The Cost Of West
Turkey is facing a deepening economic crisis at home and Erdogan is using improved trade ties with Russia and potential Russian aid to help contain the domestic crisis.
Korea Fears Missing Bus When It Comes To Electric Vehicles
While major automakers are strengthening their EV lineups, their South Korean counterparts fear that they will miss the bus because of the Inflation Reduction Act (IRA) -- the biggest climate bill in U.S. history.
LDP Once Found Unification Church Good For Japan
Former Japanese Prime Minister, Abe Shinzo, was killed because his grandfather Kishi Nobusuke was instrumental in helping the Unification Church.
Apple’s Pain In China Becomes A Gain For India
Apple opening its production unit in India is a major milestone for the 1.4 billion country, which has been touted as an alternative to China.
Behind Japan’s Move To Restart Nuclear Power Plants
Getting Japan's nuclear power plants up and running will ensure a stable supply of power and help bring down the cost of electricity.
Pandemic Once Aided Jacinda Ardern But It Is Undoing Her Now
Jacinda Ardern's chances of being re-elected have hit a new low since she became the youngest female head of government in the world when she was 37 in 2017.
Vietnam On Path To Emerge As New Asian Tiger
Vietnam is emerging as an alternative destination for foreign investment due to trade disruptions from lockdowns in China, the Russia-Ukraine conflict, and a lingering trade row between Beijing and Washington.
Profits Of Oil Majors Are Sky High But They Are Too Much Of A Bad Thing
A record-breaking profit amassed by the world's largest oil companies due to the war in Ukraine has raised eyebrows as consumers worldwide are grappling with a worsening energy crisis.
With CHIPS Act, US Plans To Lord Over China
The CHIPS and Science Act, which was passed on July 27 is all about maintaining technology leadership over China, which pampers the idea of the market leader in the near future.
Is Junta Deliberately Turning Myanmar Into A Closed Economy?
Since April, the junta, which toppled the civilian government of Nobel Laureate Aung San Suu Kyi, has been making efforts to shore up the dwindling foreign currency.
Sectarian, Political Crisis Prevents Oil-Rich Iraq From Reaping Dividends
Oil-rich Iraq is currently facing a food crisis, an unemployment rate of 40 percent, water and power outages, and soil degradation, but this did not deter the venal political factions from cut-throat competition to attain power.
Bangladesh Opts For Climate Route To Address Economic Woes
Bangladesh is seeking aid under the creditor's Resilience and Sustainability Trust (RST), making it the first in Asia to make such a request to address transformational changes, notably climate change.
Samsung Chips In To Hike Yoon’s Standing
The political honeymoon of South Korean president Yoon Suk-yeol appeared to be over but then came a disgraced Samsung chief to rescue his dwindling popularity.
Isolated, Russia Offers Food, Energy Assistance To Africa
As the West continues to isolate Russia with tightening sanctions, the latter has started using food as a bargaining chip and has selected the right place – hunger-hit and strife-torn Africa -- to kick start the new crusade as its war in Ukraine has entered its sixth month.
Putin Furthers Plan To Weaponize Energy During Visit To Iran
Hours before Russian President Vladimir Putin landed in Tehran on July 19, Russia's state-owned Gazprom and the National Iranian Oil Company inked a pact worth $40 billion to start joint offshore gas projects.
Now Indonesia Reins In Social Media Giants
Under Indonesia's new licensing rules, tech firms in the country are now required to register themselves with the ministry and the government can take down content on social media sites or apps that can disrupt public order.
For Panama, The Problem Is Social And Not Economic
Panama is experiencing one of the greatest social upheavals since the military dictatorship that ended in 1989 after the U.S. intervention.
‘Super Mario’ Takes A Beating, So Does Italy
After the lull, here comes the storm. A failed political leadership, negative interest rates, and the war in Eastern Europe have done in Italy.
From Commerce To Currencies, India Eyes Global Role For Rupee
India has made the move to internationalize its currency by allowing importers and exporters to be paid in rupees.
Metaverse Set To Show The Way For Banks In Asia
The metaverse is going to be the biggest disruption to how we live and financial firms are looking at it as the next pot of gold.
EU New Green Plans To Serve As Shot In The Arm For Russia, US
The EU has miserably lost the plot by greenwashing natural gas and nuclear energy as green energy sources for future use.
Kishida Looks Forward To Polls To Change Japan’s Pacifist Constitution
The July 10 polls will have implications for Prime Minister Fumio Kishida and his ruling Liberal Democratic Party’s ability to push through vital legislation, including amendments to the famous pacifist constitution.
EU- New Zealand FTA: As Green As It Gets
After four years of torturous deliberations, New Zealand and the European Union (EU) have completed talks on a Free Trade Agreement (FTA) that incorporates the Paris climate agreement into trade in a big way.
With Fuel Rationing, Trouble Brewing In Sri Lanka
Unless the interim government delivers, Sri Lanka is going to be all at sea as there is more oil in cans and barrels than in fuel tanks of cars in the country currently.
BRICS Provides Breather For Putin To Push For De-dollarization Of Trade
Despite their mismatched ideologies, the BRICS virtual summit, hosted by China for Russia, India, Brazil, and South Africa, proved beyond doubt that the U.S. and the EU have only partially succeeded in ostracizing Moscow, opening a new lease of life for the sanctions-hit Russian economy.
Belgium Protests Hint At Cracks In EU, NATO Unity
Inflation has plagued many EU nations. Earlier, doctors resorted to strikes in Turkey, and a mass strike by metal workers and truck drivers took place in Spain. In Italy, a one-day nationwide strike was called by train and mass transit workers and textile workers.
Southeast Asia’s Push For EVs To Bring Down Cost
Green energy is set to move beyond homes and offices in Southeast Asia to power the way people move on. Leading nations in the region are swearing by their newly professed obsession with selling electric cars as their prices are set to come down rapidly.
INSTC To Change Global Trade Map, Offers Sea Of Opportunities For Iran, Russia And India
The INSTC, a 7,200 km-long multimodal transportation network encompassing sea, road, and rail routes, involving sanctions-hit Iran and Russia and India, is the shortest, fastest, cheapest, and most secure route between South Asia and Europe.