Traders sometimes amplify global shocks for higher margins, but the core drivers are structural: import dependence, thin domestic buffers, and exposure to volatile geopolitics
When the combined forces of exorbitant fuel, fertiliser scarcity, and a parched monsoon hit this year’s harvest, the crisis will move directly from the barren fields to the kitchen tables of millions of Nepalis.
The provincial government of Karnali is attempting to delicately balance the immediate economic needs of its vulnerable citizens with vital, long-term ecological preservation.
Sri Lanka has successfully navigated its way out of the darkest days of sovereign default, rebuilding a foundation of stability. However, as the World Bank’s latest assessment makes clear, this recovery remains deeply uneven.
For thousands of Bangladeshi fishermen and honey collectors, setting out onto the waters of the Sundarbans to earn a daily livelihood has abruptly devolved into a deadly gamble.
UN Assistant Secretary-General and UNDP Regional Director for Asia and the Pacific Kanni Wignaraja emphasized that standard economic management measures will not suffice in this landscape.
Pakistan has the potential to turn the tide. With smarter agriculture, technological adoption, community-driven conservation, and political will for infrastructure, the nation can secure water for future generations.
Pakistan has the potential to turn the tide. With smarter agriculture, technological adoption, community-driven conservation, and political will for infrastructure, the nation can secure water for future generations.
The pilot in Galle is seen as a potential blueprint for nationwide replication, with implications for addressing water inefficiencies throughout Sri Lanka. If successful, it could also serve as a model for other countries in the region facing similar challenges.
The deadliest event of early 2024 occurred in June, when a colossal landslide near Simtal along the Narayangadh-Muglin road swept away two passenger buses. Of the 62 passengers onboard, 59 lost their lives.