Finance and Economy

As South Asia pushes ahead with billions of dollars in LNG infrastructure, the unfolding crisis in the Gulf is a stark reminder that energy security in a volatile world remains deeply intertwined with geopolitics.

According to the latest integrated food security phase classification (IPC) analysis, approximately 7.5 million people across vulnerable regions are grappling with high levels of food insecurity and malnutrition.

While approximately 90 per cent of the land identification process has been completed, displaced communities remain uncertain about when permanent housing will become available. For many survivors, the prolonged wait for safe housing continues to compound the trauma of the disaster.

The market’s verdict has been swift and unforgiving. Brent crude futures rocketed to $119.50 per barrel – the highest since mid-2022 – while West Texas Intermediate (WTI) hit $119.48, capping a blistering 25 per cent surge in days.

Congress and UML control over 300 of 753 units; performance there could rebuild trust. For Madhesh, the losses sting deepest, reigniting debates on inclusivity.

Despite the optimism, experts warn of hurdles in ensuring equitable distribution and community access to funds. Past REDD+ pilots in Nepal have faced criticism for bureaucratic delays and inadequate consultation with marginalized groups, including indigenous Tharu and Chepang communities in the targeted provinces.

Food security is at stake in a nation self-sufficient in rice production. The unregulated market risks artificial shortages, where hoarding drives spikes despite ample harvests. Without intervention, experts warn of potential vulnerabilities to climate shocks or global disruptions, as the system lacks resilience.

Failure to act, Ahmed cautioned, could derail Bangladesh’s economic aspirations, leaving businesses vulnerable and the nation grappling with stagnation.