World

WASHINGTON — Growth in South Asia, already uneven and fragile, will be slower than previously projected, due to the impacts of the war in Ukraine and persistent economic challenges, says the World Bank in its twice-a-year regional update.…
Read More...

COLOMBO — Sri Lanka’s economic outlook is highly uncertain due to the fiscal and external imbalances. Urgent policy measures are needed to address the high levels of debt and debt service, reduce the fiscal deficit, restore external…
Read More...

BRUSSELS - Green fiscal reforms can help protect vulnerable households and support pandemic recovery efforts in European countries on the road to climate neutrality by 2050, says a new World Bank report. The latest European Union Regular…
Read More...

WASHINGTON  — Economies in the Middle East and North Africa (MENA) region are expected to grow by 5.2% in 2022, the fastest rate since 2016, on the back of oil-price windfalls benefitting the region’s oil exporters. But heightened…
Read More...

Rome - As the world confronts war, humanitarian emergencies, the impacts of the climate crisis and the COVID-19 pandemic, overlapping with the persistent challenges of hunger and poverty, FAO is responding urgently to build resilient…
Read More...

Kathmandu: Nepal’s Prime Minister Sher Bahadur Deuba, top leaders of the ruling coalition and some Cabinet ministers on Tuesday attended a reception hosted by India’s Ambassador Vinaya Mohan Kwatra, who has been named as the next Foreign…
Read More...

Kathmandu: Nepal and Belize established diplomatic relations today. The number of countries having diplomatic relations with Nepal has now reached 176. Ambassador/Permanent Representative of Nepal to the United Nations H.E. Mr. Amrit…
Read More...

GENEVA  – The 100th ratification of the Maritime Labour Convention, 2006 (MLC, 2006) has been marked by a ceremony at the International Labour Organization’s (ILO) headquarters in Geneva. It means that more than 96 per cent of the…
Read More...

GENEVA  - The heads of the International Labour Organization (ILO) and the International Maritime Organization (IMO) have called for urgent action to protect seafarers and vessels stranded in Ukrainian ports and nearby waters following the…
Read More...

WASHINGTON —As the Sub-Saharan African economy struggles to recover from the 2020 recession induced by the COVID-19 (coronavirus) pandemic, the region now faces new economic growth challenges, compounded by the Russian invasion of Ukraine.…
Read More...