The Constitution of Nepal 2015 was a historic achievement born from decades of struggle and a devastating earthquake. Promulgated on September 20, 2015, it ended the monarchy and established federalism, but its birth was marred by violent protests and an unofficial Indian blockade that crippled post-quake recovery. A decade later, the document remains contested, with unresolved grievances and an active amendment debate. This article explores the difficult path to promulgation, the blockade's lasting impact, the constitution's progressive features, and the unfinished business of Nepal's republic.
The Bank of Japan has raised interest rates to their highest level since 1995, a move that is sending ripples through global financial markets. From Tokyo to New York, the decision is forcing a rethink of capital flows and investment strategies, with the unwinding of the massive yen carry trade at the center of it all.
The devastating floods that struck the Nepal-China border area on Bhadra 10 have left a trail of destruction across Rasuwa, Nuwakot, and Dhading. As...