Financial crisis, price hike and climate change decelerating growth in Asia-Pacific: UN

A new report by the United Nations has pointed out three simultaneous threats in Asia and Pacific region – financial crisis, food-fuel price rise and climate change, which have decelerated the development process. The report ‘Economic and Social Survey of… बाँकी अंश »

Iranian president predicts downfall of capitalism

Iran’s President Mahmoud Ahmadinejad has blamed the West for the global economic meltdown. Speaking at the opening of the Economic Cooperation Organization summit in Tehran, he declared that the capitalist system was on the brink of disintegration. Noting that Western… बाँकी अंश »

Bhattarai highlights capital market to boost economy

Kantipur Report KATHMANDU, Nov 5 – Finance Minister Dr. Baburam Bhattarai said development of the capital market along with growth in industry and employment opportunities was necessary to attain economic prosperity.Bhattarai said the objectives of socialism could be achieved with… बाँकी अंश »