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Nepal

Kathmandu Drama

Delhi is stunned with the sudden realignment of political forces that is predicated on the ostensibly 'anti-India' stance of Oli's politics. However, to prove his 'Leftist' credentials and woo the cadres for any eventuality, Prachanda too will have to match Oli or ratchet the anti-India rhetoric even further to retain relevance. The bogey of revising the Friendship Treaty signed by the Rana rulers in 1950 or the contentious Susta and Kalapani border disputes may assume centerstage, yet again

FATF may ‘greylist’ Nepal for money laundering, terror financing

Nepal is at real risk of being put on the greylist by the Financial Action Task Force (FATF) as there are deficiencies in both its legislation and enforcement of laws related to money laundering and terror financing, writes Prithvi Man Shrestha in The Kathmandu Post.