World’s largest hydroelectric dam in Tibet, China assures India

China has approved the construction of the world’s largest hydroelectric dam. Through this, Beijing is starting an ambitious project on the eastern side of the Tibetan Plateau that could have a huge impact on neighboring countries. However, China has assured India that it will not seek to benefit itself at the expense of its neighbors. […]

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Bank of Japan raises interest rates to highest in 17 years, yen jumps

The Bank of Japan raised interest rates on Friday to their highest since the 2008 global financial crisis and revised up its inflation forecasts, underscoring its confidence that rising wages will keep inflation stable around its 2% target. The decision marks the BOJ’s first rate hike since July last year and comes days after the […]

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Bangladesh received $1.68 billion in remittance in first 25 days of January

Bangladesh received $1.68 billion in remittances through legal channels during the first 25 days of January. On average, expatriates sent $67.04 million per day during this period. According to the latest data from Bangladesh Bank (BB), the total remittance flow for January is likely to surpass $2 billion if the current trend continues. A breakdown […]

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‘Goal is to ensure a sustainable and affordable energy supply’

President Dr. Mohamed Muizzu said on Sunday that his administration’s goal is to ensure that energy supply in the Maldives is both sustainable and affordable. In a message on the occasion of International Day of Clean Energy, President Muizzu said that as a low-lying island nation that is acutely vulnerable to climate change, investing in […]

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Bhutan: South Asia’s Safest Haven for Travellers

Despite dropping from its 17th position in 2023, Bhutan remains the sole South Asian country ranked among the top 21 most peaceful nations worldwide. The GPI, in its 18th iteration, assesses peace using 23 indicators across three critical domains: societal safety and security, ongoing domestic and international conflict, and militarisation. Bhutan’s continued excellence in these […]

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South Korea President Yoon indicted for insurrection over martial law decree

South Korea’s prosecutors indicted impeached President Yoon Suk Yeol on Sunday on charges of leading an insurrection with his short-lived imposition of martial law on Dec. 3, Yoon’s lawyers and the main opposition party said. Yoon’s lawyers criticized the indictment as the “worst choice” made by the prosecution service, while the main opposition party welcomed […]

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Climate finance a reservoir, but Sri Lanka lacks pipelines

Urban landscapes in Sri Lanka are no strangers to climate induced disasters. The country, being a tropical island in the Indian Ocean, has been identified among the top ten nations at risk of extreme weather events by the Global Climate Risk Index. The urban dwelling setups in the island nation are increasingly vulnerable to disasters […]

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