Heavy security arrangements around the Narayanhity Royal Palace were noticed in Kathmandu today when the elected Constituent Assembly is going to implement the declaration of republic within a few hours. Nepal Army, Armed Police, Nepal Police and Intelligence personnel were seen heavily deployed in all the four gates of the palace. Nepal Army and Armed […]
Southeast Asia: Coping with the Rice and Food Crisis
by Mong Palatino Food prices continue to rise in the world market. People are concerned about the soaring cost of rice, which is the staple food in the Southeast Asian region and in many parts of the world. Governments are now re-examining their food and agricultural policies in order to prevent consumer panic and social unrest. […]
Big Oil Companies Face Shareholders’ Fury Over Clean Energy
Apart from earning windfall profits the shareholders of Big Oil companies also want them to act in the best interest of the environment. With millions battling the rising oil prices the calls to explore cleaner and cheaper energy sources are gaining strength. From founders and institutional investors to environmental groups and shareholders, everyone is pressurizing […]
The Indian Rupee hit all time low in the last 13 months.
The Indian Rupee got eroded further in its value and lost another 34 paise against the US dollar at the end of the trading on Wednesday, recording a 13 month low of 42.44/45 against the previous day’s close of 42.10/12 at the interbank foreign exchange market here.This was mainly due to heavy demand fro dollar […]
Bulgaria: Mobsters scare foreign investors away to Romania
Corruption is omnipresent and everybody knows it, but nobody reacts to it, a foreign investor in Bulgaria who opted not to reveal his identity has declared, quoted by Reuters. A Reuters report published by the International Herald Tribune describes the situation in the neighboring country, dismantling the myth of foreign investments there: the biggest […]
Kerala farmers may be paid monthly salary
Like many other states, Kerala too has witnessed farmers’ suicides, especially in Palakkad and Waynad districts. May be that’s the reason why as the Centre and State governments grapple with the problem of farmers’ suicides, the Kerala Biodiversity Board has mooted the idea of paying salaries to them to make agriculture a viable option. This […]
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