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kp oli and biplav

on March 31, 2017

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Saudi economy returns to growth on back of oil price rises

DUBAI, June 5, 2018 (AFP) - The Saudi economy pulled out of recession in the first quarter of 2018 thanks to oil price rises, a think-tank said Tuesday. Capital Economics said the oil-dependent Saudi economy grew by 1.5 percent in the first quarter, after having contracted by 0.7 percent in 2017. "The oil sector was the main driver of the recovery," the London-based group said. Oil prices surged to around $80 a barrel last month from under $30 a barrel in early 2016 after OPEC and non-OPEC producers struck a deal to cut output. As a result of the crash in prices, the economy dipped into negative territory last year for the first time since 2009, a year after the global financial crisis. The OPEC kingpin has posted a budget deficit in the past four years, and it has borrowed from domestic and international markets and hiked fuel and power prices to finance the shortfall. It also introduced a five-percent value-added tax from the start of 2018. The world's top crude

US sets September 1 date for start of N. Korea travel ban

WASHINGTON, Aug 2, 2017 (AFP) - The United States on Wednesday officially set a September 1 start date for a ban prohibiting its citizens from traveling to North Korea. "The Department of State has determined that the serious risk to United States nationals of arrest and long-term detention represents imminent danger to the physical safety of United States nationals traveling to and within the Democratic People's Republic of Korea (DPRK)," read the restriction as it appeared Wednesday in the US government's Federal Register. "All United States passports are declared invalid for travel to, in, or through the DPRK unless specially validated for such travel," it added. An exemption was noted for approved humanitarian travel and for journalists in some circumstances. The ban is to remain in effect for one year, unless it is revoked sooner by US Secretary of State Rex Tillerson. The travel ban was first announced last month in the wake of the death of Am

Election Commission makes final voter list public, check your name on voter list

Kathmandu: Nepal’s Election Commission has made public the final list of voters eligible to cast their ballot in the upcoming local elections. According to the commission, 14,054,452 Nepali citizens are qualified to vote for chiefs, deputy chiefs and council members for their respective metropolis, municipality and rural municipality. While the number of male voters stands at 7,069,714, the number of women voters is 6,984, 625. A total of 143 ‘third-gender’ voters will also be eligible to vote. The commission said voters who were 18 years or above as of March 20, 2017. Browser does not support IFRAME

Ahead of the new climbing season, meet Nepal’s eight-thousanders

In the West, whenever there’s talk of Nepal, people think about the Himalayas and the snow. For many, Nepal has become synonymous with the Himalayas. Those living outside Nepal, sometimes, fail to gauge the enormity of the mountains, and ask Nepalis they meet, “Have you climbed Everest?” But Nepal is not just home to Everest, the highest mountain in the word. Eight of the ten tallest peaks in the world are in Nepal. As climbers around the world prepare for the autumn season of mountaineering in the Himalayas, here’s a look at the ‘Eight Thousanders’ in Nepal. Everest The 8,848m tall mountain is the highest peak in the world. It was on May 29, 1953 that Hilllary and Norgay reached the summit of Everest. The mountain has a special place in the deeply religious Nepali and Tibetan communities. As the mountain is shared between Nepal and China, it can be climbed from the north and the south. But experienced alpinists prefer the climb from the Nepal side. Kanchenjunga It is the

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