Inflation

Oxfam accuses the IMF of a “troubling double standard” in tax advice, handing progressive policies to rich nations while pushing regressive measures on India...

At the international poverty line of $3 a day, an additional 1.4 million people are estimated to have slipped into poverty between 2022 and 2025 due to stagnant labour incomes and persistent inflation that eroded the benefits of whatever growth occurred.

As the two-week ceasefire takes effect, markets will be watching closely for signs of sustained de-escalation. Yet even if fighting subsides, the economic scars of the Iran war may take far longer to heal, the three organisations said.

Remittances already account for nearly 67 per cent of Nepal’s total foreign currency earnings. Tourism and exports from the Gulf add smaller but important flows. Last fiscal year, 20,504 tourists from Gulf countries visited Nepal, representing 1.8 per cent of total arrivals.

With the region still recovering from previous shocks, the latest ADB analysis serves as a timely reminder of the region’s exposure to distant geopolitical events.

The world has faced oil shocks before. This one, Birol made clear, is different – deeper, wider and more dangerous. How governments respond in the coming weeks will determine whether the pain remains temporary or becomes a lasting scar on the global economy.

Despite the escalating emergency, the Taliban administration has continually sought to project an image of economic stability. Yet, the stark realities on the ground – shuttered trade routes, skyrocketing grocery bills, and overcrowded malnutrition clinics – tell a vastly different story.

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.