There are an estimated 258 million widows around the world, and nearly one in ten live in extreme poverty (The Loomba Foundation, 2024). According to Nepal’s 2021 Population Census, widows constitute 6.6% of the female population, more than one in every 15 women. The majority of women (71%) marry between the ages of 15-24, with 23% marrying even earlier, often before the age of 15. This early marriage sets the stage for vulnerability; these girls are pulled out of education and denied economic opportunities. When widowed young, they lack the skills and networks to assert their rights.
The talented people I met during my IVLP experience went back to their communities with more than just new information - they went back believing that change is possible and having concrete ideas about how to make it happen. This is the kind of quiet diplomacy that actually builds lasting peace and prosperity.
From a micro perspective, comparative advantage is the core logic that determines the global division of labor, not the exchange rate. The rise and fall of the manufacturing industry fundamentally depends on the relative efficiency of capital, labor, technology and institutional environment. Take Germany as an example.
As a Buddhist, I have fulfilled my dream, and with a big joy I am here, the birthplace of Lord Buddha. In general, Nepal is a great spiritual energy. I am confident, this is symbolic that I am here as the leader of the Republic of Kalmykia which will host the third International Buddhist Forum in September this year, I have been infused with energy by visiting here.
This issue echoes the Triffin Dilemma, a theory from the 1960s articulated by economist Robert Triffin. For a country’s currency to function as the world’s primary reserve, that nation must provide liquidity—typically through persistent trade deficits. But those same deficits, if excessive, can undermine faith in the currency.
The Government has formed the Truth and Reconciliation Commission and the Commission of Investigation on Enforced Disappeared Persons.
According to SmartScout, a U.S.-based e-commerce analytics firm, 930 items on Amazon saw price hikes since April 9—the day a 109% tariff on Chinese imports took effect, later raised to 245%. The average increase was 29%, spanning categories such as clothing, jewelry, household items, electronics, and toys.
If you go to a Starbucks to buy a beverage, you will be faced with numerous, mind-boggling choices. Oat or almond milk? Latte or cappuccino? Or is it frappuccino? Added sugar or sugar-
The stakes are high. The world has seen how miscalculation or provocation in South Asia can spiral. Another Pulwama or Balakot-style crisis would only deepen instability. What the region desperately needs is de-escalation, dialogue, and accountability.
The House of Representatives approved the amendment made to the banking crime (second amendment) bill, 2080 by the National Assembly on Sunday.
China, with the world’s largest metro network and biggest rail transport industry that takes up over 30% of the world’s total, has seen its urban transit build-out expanded fourfold over the past decade, now spanning over 5,000 kilometers. Its metro systems recorded historical 30 billion trips in 2024, while more than 50 fully automated lines are already in operation.
Management of the waste or end-of-product life is one of the paramount principles in the circular economy which helps create employment opportunities for low-income workers in waste collection, recycling, and upcycling industries; quite often we also have seen people collecting trash on the streets for recycling purposes.