PM Oli directs to reorganize party committees

Kathmandu (Rastriya Samachar Samiti): Chairman of the Communist Party of Nepal (CPN) Oli Group and Prime Minister KP Sharma Oli has directed to immediately reorganize all the district, people’s organizations and level committees of the party. Addressing a gathering of CPN (Maoist) cadres in Kathmandu on Tuesday, he urged the people to be active as… Continue reading PM Oli directs to reorganize party committees

Dissolution of Parliament Begins the process of restoring the monarchy: Prachanda

Photo Courtesy: Facebook page of NCP chairman Pushpa Kamal Dahal (Prachanda)

Kathmandu: Chairman of the CPN-Prachanda-Madhav group, Pushpa Kamal Dahal (Prachanda) has said that the process of dissolving the House of Representatives is restoring the monarchy. Addressing a meeting of the Nepal Press Association affiliated to the Prachanda-Madhav group, Prachanda remarked that the language of the king was being used in the Prime Minister’s recommendation to… Continue reading Dissolution of Parliament Begins the process of restoring the monarchy: Prachanda

Norway says advice on use of Pfizer vaccine is unchanged

A phial of the Pfizer-BioNTech COVID-19 vaccine at the Royal Victoria Hospital, in Belfast, Tuesday Dec. 8, 2020. The United Kingdom, one of the countries hardest hit by the coronavirus, is beginning its vaccination campaign, a key step toward eventually ending the pandemic. (Liam McBurney/Pool via AP)

FRANKFURT/OSLO (Reuters): Norway said on Monday it was not changing its policy on the use of Pfizer and BioNTech’s COVID-19 vaccine following reports of deaths in highly frail recipients after the inoculation was given. BioNTech had earlier say that “Norwegian Health Authorities have now changed (their) recommendation in relation to vaccination of the terminally ill”.… Continue reading Norway says advice on use of Pfizer vaccine is unchanged

Facebook bows to Turkish demand to name local representative

ISTANBUL (AP): Facebook announced Monday it has begun the process of assigning a legal entity in Turkey to comply with a controversial law governing social media companies. The law, which passed in July, requires social media companies such as Facebook and Twitter to maintain representatives in Turkey to deal with complaints about content on their… Continue reading Facebook bows to Turkish demand to name local representative

China economy grows in 2020 as rebound from virus gains

Shoppers wearing face masks to help curb the spread of the coronavirus wall by the Chinese toy maker POP Mart display booth at a shopping mall in Beijing on Dec. 9, 2020. China's economy grew 2.3 percent in 2020 as a recovery from the coronavirus pandemic accelerated while the United States, Europe and Japan struggled with disease flare-ups. Photo Courtesy: AP

BEIJING (AP): China eked out 2.3 percent economic growth in 2020, likely becoming the only major economy to expand as shops and factories reopened relatively early from a shutdown to fight the coronavirus while the United States, Japan and Europe struggled with rising infections. Growth in the three months ending in December rose to 6.5… Continue reading China economy grows in 2020 as rebound from virus gains

WHO chief lambasts vaccine profits, demands elderly go first

A member of staff at the university hospital injects the Moderna vaccine against COVID-19 into a patient in Duesseldorf, Monday, Jan. 18, 2021. (Federico Gambarini/dpa via AP)

GENEVA (AP) — The World Health Organization chief on Monday lambasted drugmakers’ profits and vaccine inequalities, saying it’s “not right” that younger, healthier adults in wealthy countries get vaccinated against COVID-19 before older people or health care workers in poorer countries and charging that most vaccine makers have targeted locations where “profits are highest.” Director-General… Continue reading WHO chief lambasts vaccine profits, demands elderly go first

Biden aims for unifying speech at daunting moment for US

President-elect Joe Biden speaks during an event at The Queen theater, Saturday, Jan. 16, 2021, in Wilmington, Del. Photo courtesy: AP

(AP): President-elect Joe Biden will take the stage for his inaugural address at perhaps the most difficult starting point for a president since Franklin Roosevelt began his first term by assuring a nation scarred by the Great Depression that “we have nothing to fear but fear itself.” But memorable turns of phrase like Roosevelt’s are… Continue reading Biden aims for unifying speech at daunting moment for US

NIFRA receives IPO application worth Rs 14 billion in three days

Kathmandu: Investors have been attracted to the IPO of Nepal Infrastructure Development Bank, which has started selling IPOs to the public since last Friday. Within three days of the eviction, more than Rs 14 billion worth of IPO applications have been demanded. So far, an IPO demand of Rs 14.19 billion has been received. The… Continue reading NIFRA receives IPO application worth Rs 14 billion in three days