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    Tag:MCC

    Trump Cancels USAID Grants for Nepal, Suspends MCC Project

    The decision to terminate these grants reportedly came after a suggestion from Trump’s close aide, billionaire entrepreneur Elon Musk. Musk advised the administration to cut down on what he described as unnecessary foreign aid spending.

    US–China Rivalry Complicates Development Aid in Nepal

    On 1 March 2022, Nepal’s coalition government, led by the Nepali Congress party, finally ratified the Millennium Challenge Corporation (MCC)’s Nepal compact, a US$500 million infrastructure and...

    Nepal’s Geopolitical Stakes Are As High As The Himalayas

    Nepal occupies a crucial geostrategic location in SouthAsia – sandwiched between powerful and competing neighbours in India and China, outstripping the Himalayan nation in...

    Taliban, Chinese Mining Conglomerate, to Discuss Copper Mining in Logar Province

    A deal signed in 2008 with the previous US-backed government, but it came to a standstill after a Taliban-led attack. By Maliha Safi A Chinese delegation...

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    War, huh, Yeah, What is it Good For?

    One should, nevertheless, keep in mind that war is horrific. It is most often not the answer. When it is, it is always the very last resort after all other means to resolve adverse situations have been well and truly exhausted.
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    World Bank Unveils $1 Billion Package to Spur Jobs and Private Sector Growth in Sri Lanka

    Tourism, one of Sri Lanka’s key economic drivers, is set to receive $200 million. These funds will be used to protect and enhance natural and cultural heritage sites, create employment opportunities, and ensure local communities benefit directly from tourism revenues.

    UN Secretary-General Urges Military restraint from India, Pakistan

    He offered his good offices to both governments to help defuse tensions and promote diplomacy, stressing that “a military solution is no solution.”

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    War, huh, Yeah, What is it Good For?

    One should, nevertheless, keep in mind that war is horrific. It is most often not the answer. When it is, it is always the very last resort after all other means to resolve adverse situations have been well and truly exhausted.

    World Bank Unveils $1 Billion Package to Spur Jobs and Private Sector Growth in Sri Lanka

    Tourism, one of Sri Lanka’s key economic drivers, is set to receive $200 million. These funds will be used to protect and enhance natural and cultural heritage sites, create employment opportunities, and ensure local communities benefit directly from tourism revenues.