Nepal asks China to wipe away a loan it can’t afford to pay back

Nepal asks China to wipe away a loan it can’t afford to pay back

KATHMANDU: When Nepal’s new international airport opened last year in one of the country’s biggest cities, it was the type of landmark project expected to elevate the fortunes of one of Asia’s poorest countries while deepening its ties with China, which built and financed the project. But the Pokhara airport has become a symbol of … Read more

Nepal PM ‘Prachanda’ set to forge new alliance with ex-premier Oli’s party after splitting with Nepali Congress

Nepal PM ‘Prachanda’ set to forge new alliance with ex-premier Oli’s party after splitting with Nepali Congress

Nepal’s Prime Minister Pushpa Kamal Dahal ‘Prachanda’ on Monday decided to form a new alliance with former premier KP Sharma Oli’s party after terminating its nearly 15-month partnership with the Nepali Congress due to differences between the top leadership. The alliance between the Communist Party of Nepal (Maoist Centre) led by Prachanda and the Sher … Read more