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Discussion on Post-Disaster Recovery, Investment Promotion, and Employment Generation

Written by space4knews on . Posted in Business.

Bagmati Province Chief Minister Kiran Thapa Magar and Federation of Nepalese Chambers of Commerce and Industry (FNCCI) President Anjan Shrestha held talks in Teku focusing on post-disaster industrial and business recovery, investment environment, and employment opportunities. Shrestha expressed FNCCI’s readiness to support the establishment of a “Disaster Employment Bank,” skill-based training, and the development of new markets in affected areas. Chief Minister Thapa proposed working with the private sector under a public-private partnership (PPP) model for reconstruction, children’s education, and infrastructure development in the impacted districts. The meeting took place on 28 Bhadra in Kathmandu.

On Sunday, Chief Minister Kiran Thapa Magar and FNCCI President Anjan Shrestha met at the FNCCI Secretariat in Teku. The discussion covered damages caused by floods and landslides in Rasuwa and other districts, restoration of affected industries and businesses, enhancing the investment climate, job creation, and revitalizing economic activities in the province. Both parties committed to strengthening coordination and collaboration to identify concrete areas for advancing the province’s economic development, expanding private sector investments, and promoting entrepreneurship effectively in the coming days.

During the meeting, President Shrestha highlighted FNCCI’s active role in relief, rescue, and recovery efforts following the disaster and assured the federation’s cooperation with the provincial government to create a conducive environment for resuming operations of affected industries and businesses. He stated, “To make collaboration with the province more impactful, FNCCI is positive about expanding investment and entrepreneurship in Bagmati Province. We are also willing to work on establishing new local markets, hospitals, and rebuilding schools.”

Chief Minister Thapa acknowledged the private sector’s commendable contribution to the restoration and reconstruction of affected areas. He emphasized the need for partnership with FNCCI to support education for children affected by the disaster, job creation, and the revival of the local economy. Additionally, he proposed implementing public-private partnership (PPP) models for road and other infrastructure development projects across Bagmati Province.

Manchester City Triumphs in Manchester Derby as Haaland Secures Winning Goal

Written by space4knews on . Posted in Sports.

Manchester City defeated Manchester United 1-0 in the Manchester Derby held on Sunday night as part of the Premier League. Despite being reduced to 10 men after Phil Foden received a red card in the 23rd minute of the first half, City managed to maintain control of the match. The decisive moment came in the 60th minute when Erling Haaland’s goal, assisted by Joško Gvardiol, was confirmed by VAR, securing the victory for City.

The match, held on 28th Bhadra in Kathmandu’s calendar, showcased City’s dominant performance as they overcame the numerical disadvantage. Initially, Haaland’s goal was disallowed for offside, but after a VAR review, it was rightly awarded. Following Foden’s sending off, City demonstrated composure under pressure to clinch an important win.

With this victory, Manchester City has accumulated 12 points from four matches and has emerged as contenders in second place on the Premier League table. Meanwhile, Manchester United remains 13th with 4 points from four games.

Karnali Province Allocates NPR 213.5 Million for Five Major Tourist Destinations, Sets Foundation for Tourism Decade

Written by space4knews on . Posted in Business.

News Summary

Reviewed.

  • The Karnali Province government has allocated NPR 213.5 million for the conservation and development of Rara, Kankrebihar, Bulbule, Kupinde, and Syarpu.
  • The province has earmarked NPR 538.6 million for tourism promotion and infrastructure development including parks, gardens, trails, and viewpoints.
  • Minister Kalyani Khadka stated that the Karnali Tourism Decade aims to create employment through conservation, infrastructure improvement, accessibility expansion, and skill development.

September 13, Surkhet – The Karnali Province government has initiated work this fiscal year with a substantial budget for the conservation, infrastructure development, and promotion of the region’s major tourist destinations.

The province plans to invest significantly in master plan implementation and in constructing tourism infrastructure such as buildings and roads at five key tourist spots.

The government has allocated NPR 213.5 million for the conservation and development of Rara Lake in Mugu, Kankrebihar in Surkhet, Bulbule Garden and Chauhan Park, Kupinde Pond in Salyan, and Syarpu Lake in Western Rukum.

Budget statement point 50 for fiscal year 2083/84 emphasizes effective implementation of the master plans for these destinations.

Focus on Master Plan Implementation

Along with destination development, the government has allocated NPR 538.6 million for overall tourism infrastructure, including parks, gardens, open spaces, foot trails, and viewpoints, as well as improvements to natural, religious, and cultural infrastructure.

According to Industry, Tourism, Forest and Environment Minister Kalyani Khadka, the policy is to advance Karnali’s tourism by improving infrastructure, services, and destination management.

“The government has allocated a substantial budget for the development of auxiliary infrastructure linked to tourism,” she said. “Efforts will be made to enhance urban aesthetics through parks, gardens, trails, viewpoints, and tourism infrastructure related to natural, religious, and cultural sites.”

Prioritizing Destinations from Rara to Syarpu

The five prioritized tourist areas hold unique cultural and natural significance for Karnali. Rara Lake in Mugu is renowned for its natural beauty and is considered a premier tourist spot in the region, while Kankrebihar in Surkhet carries archaeological and historical importance.

The government has plans to integrate Bulbule Garden and Chauhan Park with urban tourism.

Kupinde Pond in Salyan and Syarpu Lake in Western Rukum are targeted for development as natural tourism destinations.

The Ministry of Industry, Tourism, Forest and Environment of the province has listed these sites as Karnali’s key tourist destinations, Minister Khadka shared.

Tourism Decade Aims to Create Employment

The provincial government is not limiting tourism to destination development but has adopted policies linking it to employment and local economic growth. In this regard, the ‘Karnali Tourism Decade’ will be launched.

This initiative will prioritize conservation, infrastructure development, improved accessibility, promotion, and service quality enhancement of major tourist destinations.

The government aims to use tourism as a foundation for economic transformation and job creation in the province.

Training programs will be implemented to develop skills related to hospitality, trekking guiding, indigenous architecture preservation, and promotion of local products. These efforts are expected to increase local participation and employment.

Challenges in Accessibility and Service Improvements

Although substantial investments have been announced for Karnali’s tourist spots, effective implementation remains a challenge. In the past, due to inadequate infrastructure, poor road access, hotel and water shortages, and lack of promotion, tourism development at Rara, Kankrebihar, Bulbule, Kupinde, and Syarpu struggled to progress as expected.

Previously, the province adopted a policy to develop tourism circuits linking Rara, She-Foksundo, Kupinde, Syarpu, Kankrebihar, Panchkoshi, and other natural, religious, and cultural heritage sites.

Now, the government is focusing not only on bringing tourists to destinations but also on creating an environment conducive to lengthening their stay. Initiatives include establishing a tourism information and archival center, informational materials, guidebooks, and safety and emergency support systems, Minister Khadka noted. Attention to other religious and tourist areas is also needed.

NPR 538.6 Million for Tourism Infrastructure

The government has allocated NPR 538.6 million for comprehensive tourism development, management, and promotion. The NPR 213.5 million earmarked for master plan implementation at the five key destinations forms a crucial part of this broader tourism strategy.

Karnali Province’s tourism policy emphasizes connecting tourism not only to natural beauty but also to agriculture, culture, adventure tourism, homestays, and local products. The goal is to generate income and employment at the village level by linking tourism with local cuisine, traditional architecture, culture, and lifestyle.

Expectations for Results from Investment

Tourism entrepreneurs and stakeholders have welcomed the budget allocation positively but emphasized the importance of effective implementation. Jitendra Jhakri, a tourism entrepreneur from Dolpa with over two decades of experience, highlighted the need for greater state investment in conserving and promoting Dolpa’s historical and religious heritage.

“Work remains to be done on preserving and promoting sites such as She Monastery and Crystal Mountain,” he said.

Karnali has numerous natural, historical, and cultural heritage sites including Rara, She-Foksundo, Syarpu, Kupinde, Kankrebihar, Panchkoshi, Sinja, and Limigau. However, business operators stress that weak road connectivity, irregular transport, accommodation shortages, inadequate water supply, communication, and information systems hinder tourist attraction growth.

Therefore, they suggest that future investment focus on destination development, accessibility, promotion, service quality, and linkages to local community income streams alongside physical infrastructure development.

If effectively implemented, the announced ‘Karnali Tourism Decade’ is expected not only to increase visitor arrivals but also to expand markets for hotels, homestays, transportation, handicrafts, agriculture, and local products. This will support using tourism as a basis for Karnali’s economic transformation.

Karnali Province is home to important natural, religious, historical, and adventure tourism areas. The prominent tourist destinations by district are as follows:

1. Surkhet

– Kankrebihar: A heritage site of historical and archaeological importance with Buddhist-Hindu significance

– Deuti Bajai Temple

– Bulbule Garden

– Siddhaila

– Tourist areas around Ganesh Chowk and Birendranagar

– Barahatal

– Chingad and Bheri River areas

2. Dailekh

– Prakash area including Shristhan, Navisthan, Paduka, and Dhuleshwor – famous Panchkoshi region

– Kotila

– Bhairavi Temple

– Historical and archaeological heritage of Dullu

– Jwala area

– Petroleum prospects and historical sites in Dailekh

3. Jajarkot

– Khalanga Palace area

– Jajarkot Palace

– Kushe area

– Bheri River and nearby natural areas

– Nalgad-Taksugad area, Barekot

– Chedagad and hilly natural landscapes

4. Western Rukum

– Syarpu Lake

– Banfikot area

– Around Chaurjahari

– Athbis Kot and Gotamkot areas

– Bheri River and hill trails

5. Salyan

– Kupinde Pond – a major tourist destination

– Khairabang Bhagwati Temple

– Chayanath and other religious and historical sites

– Natural areas around Kalimati and former Karnali-Rapti regions

6. Kalikot

– Pachal Jharna: one of Nepal’s tallest waterfalls

– Raskot region

– Mahavai area

– Tilagufa region

– Karnali River and surrounding natural landscapes

7. Jumla

– Sinja Valley: Historical origin site for Nepali language and Khas civilization

– Chandanath Temple

– Chandanath-Bhairavnath area

– Patarasi Himal

– Tila River area

– Historic and archaeological sites at Sinja

8. Mugu

– Rara Lake: Karnali’s most famous tourist destination

– Rara National Park

– Chayanath Dham

– Murmatap

– Trails and villages around Rara

9. Humla

– Limi Valley

– Ancient villages and monasteries in Limi

– Namkha area

– Simkot

– Hilsa

– Region linked to Kailash-Manasarovar pilgrimage route

– Karnali River and Himalayan trails

10. Dolpa

– Phoksundo Lake

– She-Phoksundo National Park

– Phoksundo Waterfall

– She Monastery, Bala Tripurasundari

– Ancient settlements and monasteries in Dolpa

– Phoksundo-She-Dolpa trail

– Kagmara and other Himalayan trails

Nepal Cricket Team Returns Home After Winning ACC Premier Cup

Written by space4knews on . Posted in Sports.

The Nepalese cricket team, having defeated the UAE by 44 runs to win the ACC Premier Cup in Malaysia, returned home on Sunday night. The team was welcomed at Tribhuvan International Airport by Cricket Association of Nepal (CAN) Secretary Paras Khadka and others, along with the trophy. Captain Sandeep Lamichhane was named the tournament’s most valuable player, and the team is now set to travel to Japan for the Asian Games.

Kathmandu, 28 Bhadra — The Nepal cricket team returned home on Sunday after claiming the ACC Premier Cup title. The team secured the trophy and qualification for the Asia Cup by defeating the UAE in Saturday’s final held in Malaysia. The squad arrived in Nepal in the evening and was warmly received at Tribhuvan International Airport by CAN Secretary Paras Khadka and officials, along with the championship trophy.

The final match, played at Malaysia’s Bayuemas Oval ground, saw Nepal overpowering the UAE by 44 runs. Nepal’s captain Sandeep Lamichhane earned the accolade of the tournament’s best player. Speaking to the media at the airport, Sandeep credited the team’s success to everyone’s hard work. “We are all very happy; despite the country’s challenging situation, we performed well and qualified for the Asia Cup. This is something to be very proud of,” he said.

The Nepalese team will depart for Japan in the coming days to participate in the Asian Games.

How Terai Industries are Supplying Gas to Kathmandu Amid Road Disruptions

Written by space4knews on . Posted in Business.

News Summary

With editorial review.

  • Following a flood in the Trishuli River that caused a landslide at Krishnabhir, blocking the Prithvi Highway, 14 industries in the Terai region have been filling gas cylinders around the clock and sending them to Kathmandu.
  • Sahara Gas Industry supplies over 8,000 cylinders daily to Kathmandu, while Manoj, Ambar, Leo, and Super Gas have also increased their deliveries.
  • Although the government has arranged alternative routes and transportation via small and large trucks, shortages persist within Kathmandu Valley.

September 13 (Bhadra 28), Bara – To ensure smooth cooking gas (LPG) supply in the Kathmandu Valley, gas industries in the Terai region have been operating 24/7 to refill cylinders.

On September 1 (Bhadra 14), flooding in the Trishuli River caused a landslide at Krishnabhir on the Prithvi Highway, blocking the route. With no alternative road for gas-laden bullet trucks, LPG shipments from India to Kathmandu Valley have been delayed at its outskirts.

Due to blocked access, the government has initiated transportation of gas cylinders via small and large trucks on alternative routes.

Despite these efforts, supply remains insufficient in Kathmandu Valley. Fourteen industries based in Makwanpur, Bara, Parsa, Chitwan, Mahottari, Dhanusha, and Nawalparasi continue refilling cylinders for Kathmandu.

Among 26 industries commercializing gas in Kathmandu, cylinders are being refilled at Terai-based factories and transported by trucks along Tribhuvan Rajpath to the capital.

These Terai industries are filling from 1,000 to up to 8,000 cylinders daily per brand destined for Kathmandu.

Sahara Gas Industry in Hetauda reports supplying gas to Kathmandu. It refills 4,000 cylinders for Everest Gas and 4,000 for Sugam Gas daily, operating around the clock in three shifts.

Khaga Thapa, manager of Sahara Gas, indicated that despite challenges during this crisis, the factory has increased production to meet Kathmandu’s demand.

“We refill between 8,000 to 12,000 cylinders daily; about 2,500 are sold locally under Sahara’s brand, while over 8,000 cylinders are sent to Kathmandu,” Thapa said.

He added that trucks use the Palung route to send gas to Kathmandu. Around five to seven small trucks and vehicles from Kathmandu’s parties and dealers supply approximately 8,500 cylinders daily.

Due to the volume, employees work long hours. “It’s very challenging; we work shifts of 18 to 20 hours. Loading trucks takes time as many wait in line,” Thapa explained.

When the highway opens or closes, managing the rush of vehicles coming to the factory is difficult, the manager added.

Manoj Gas fills 1,800 cylinders daily

Manoj Gas Industry Pvt. Ltd., based in Parwanipur, Parsa, refills cylinders for Kathmandu. It refills its own brand and two other gas brands for the capital.

Employee Sanjay Kumar Mishra stated that the industry currently fills ‘STC’ cylinders of Salt Trading Corporation and ‘Lokpriyaa’ cylinders from another company.

“We fill about 1,600 to 1,800 cylinders daily for these brands, sending them to Kathmandu,” Mishra said.

The factory manages time by filling its own gas cylinders from morning till evening and switching to filling Kathmandu’s cylinders during night hours.

“We fill Manoj Gas cylinders from 9 AM to 5 PM, and then refill STC and Lokpriyaa cylinders till midnight or 1 AM based on demand,” he explained.

Ambar Gas Industry in Bara has also been filling cylinders for Siddhartha and STC gas. Company staff Pannalal Sah reported filling about 1,200 cylinders daily for both companies.

Leo Gas Industry Pvt. Ltd., also in Bara, refills cylinders for Lokpriyaa and Shrimaya brands, according to businessman Nirmal Khatri.

Leo Gas Industry treasurer and LPG Industry Association official Khatri said the increased supply is driven by a sense of responsibility to citizens during this crisis.

He noted that there have been no restrictions on gas availability from India, with half a dozen gas bullet trucks arriving daily at their plant.

“During this critical time, we feel a responsibility as citizens more than industrialists. Our workers and team have been very cooperative,” Khatri said. “We operate in two shifts, from 7 AM to 3 PM and 3 PM to 11 PM.”

Leo Gas supplies about 5,000 cylinders daily, roughly 2,000 to 2,500 are for local markets and the rest are sent to Kathmandu.

Khatri stated that thanks to workers’ cooperation and industry efforts, they have been able to avoid gas shortages for Kathmandu consumers.

Similarly, Super Gas Industry in Parsa fills cylinders for Kathmandu’s Himal brand.

Until the Prithvi Highway reopens fully, Terai industries will continue transporting LPG to Kathmandu via alternative routes coordinated by Nepal Oil Corporation.

Although some shortages remain in Kathmandu Valley and other districts, Nepal Oil Corporation releases data showing LPG supply from India exceeds market demands.

Photos: Ritu Kafle

 

Lamine Yamal’s Two Goals Secure Crucial Win for Barcelona

Written by space4knews on . Posted in Sports.

Lamine Yamal’s brace helped Barcelona clinch a 4–2 victory over Levante in the Spanish La Liga, marking their fifth consecutive win. The match, held in Valencia, saw goals from Barcelona’s Xavi Esparit, Yamal, and Karim Adeyemi, with two assists provided by Rafinha. With 15 points from five matches, Barcelona remains at the top of the table, three points ahead of second-placed Real Madrid. (September 13, Kathmandu)

Barcelona took the lead early, with Xavi Esparit scoring in the fifth minute. Yamal extended the advantage in the 19th minute, putting Barcelona 2–0 up at halftime. Yamal scored again via a penalty in the 48th minute for his second personal goal and the team’s third. Late in the game, Levante attempted a comeback with goals from Iván Romero and Roger Brugué, but Karim Adeyemi’s injury-time strike sealed the win for Barcelona. Rafinha played a key role, providing assists for the first two goals. Under coach Hans-Dieter Flick, Barcelona remains undefeated with a perfect five wins from five games, accumulating 15 points. This leaves them three points clear of Real Madrid, who have 12 points from five matches.

‘The Bhote Koshi Flood Continues the Pattern of Floods in Chamoli, Melamchi, and Tista; We Must Strategize Accordingly’

Written by space4knews on . Posted in Business.

Environmental scientist Uttambabu Shrestha has stated that the Bhote Koshi flood has caused more damage than any of the Himalayan floods in the past six years. He identified the main causes of the flood as cascading events where glaciers melt to form glacial lakes, which then breach and pour into rivers. Shrestha pointed to climate change as the primary culprit behind the Bhote Koshi flood and emphasized the need for multidimensional preparedness to confront such disasters.

In the first episode of the dialogue series titled ‘Life After Bhote Koshi,’ a conversation was held with former CEO of the Disaster Risk Reduction Authority, Anil Pokharel. In the follow-up interview conducted as part of the second series, environmental scientist Uttambabu Shrestha analyzed the Himalayan floods of the past six years in comparison with Bhote Koshi. “The extent of damage caused by Bhote Koshi has outpaced that of any other flood,” Shrestha explained.

According to him, trends have been observed where rivers are blocked or dammed, landslides, debris, and ice fall into the rivers, and massive destruction occurs in downstream floodplains. Although multiple factors contributed to the Bhote Koshi flood, he asserts that climate change is the primary blame. “Nowadays, disasters occur in a cascading sequence. That means a landslide or soil erosion happens, forming lakes that block rivers, which then trigger more devastating events. These cascading disasters compel us to prepare in a comprehensive, multi-faceted way,” Shrestha added.

Uttambabu Shrestha, head of the Global Institute for Interdisciplinary Studies, discussed Nepal’s future course of action in an interview conducted by Basanta Basnet. Video: Shankar Giri

Why Do Iranians Born in the 1980s Call Themselves the ‘Burnt Generation’?

Written by space4knews on . Posted in International.

Iranians born in the 1980s, known as the ‘Burnt Generation,’ describe their lives as profoundly difficult, marked by war, sanctions, inflation, and political unrest. Official data reveals that Iran’s annual inflation rate reached 89 percent by the end of August, with food prices soaring more than 127 percent. Price hikes in petrol, combined with U.S. sanctions, maritime blockades, and disrupted transportation, have further strained everyday life, forcing families to reduce consumption.

Tehran (Iran) – Iranians born in the 1980s often refer to themselves as the ‘Burnt Generation’. Their lives have unfolded amidst the political and economic turmoil that followed the 1979 Iranian Islamic Revolution. Notably, the 1979 hostage crisis, during which Iranian Islamic militants held American diplomats hostage for 444 days at the U.S. Embassy, is emblematic of the decade’s volatile political climate.

According to Bardia, today’s youth, born in the 1980s, face even greater challenges than the previous generation. Employment markets are more unstable and inflation continues to rise. Speaking to Al Jazeera on the condition of anonymity for security reasons, he said, “Dreams of living independently, starting a family, traveling abroad, buying a home, opening a store, owning a car or a new phone are drifting further away each day.”

Data from Iran shows that by the end of August, the annual inflation rate had surged to 89 percent. Food prices increased by over 127 percent compared to the same month last year. The Iranian national currency, the rial, has been steadily depreciating; last week, its exchange rate against the U.S. dollar surpassed 1,370,000 rials on the open market, setting a new record.

One Iranian user on the social media platform X wrote, “I remember the day my father bought a car for 10 million tomans (100 million rials, approximately $43). I also remember when he bought land at that same price. Today, he came home carrying a small amount of meat, which cost 10 million tomans. I am stunned. I’m 24 years old and I’ve witnessed all of this.”

Economist and market analyst Behnam Samadi explains that political and economic uncertainties are forcing Iran to bear a heavy cost. Families are progressively adjusting their lifestyles and consumption habits, cutting expenditures on entertainment, education, and healthcare. There is an increasing tendency to buy on credit and through installment plans.

“The most accurate description is that Iranian families are adapting to circumstances, but this does not mean their standard of living is being maintained,” Samadi said. “If these conditions persist, what we currently call ‘resilience’ may eventually lead to a ‘breakdown of resilience.’”

Why Do Iranians Born in the 1980s Call Themselves the ‘Burned Generation’?

Written by space4knews on . Posted in International.

Article Summary

Reviewed and published.

  • Iranians born in the 1980s, known as the ‘burned generation,’ report enduring a hard life amidst war, sanctions, inflation, and political unrest.
  • Statistics show Iran’s annual inflation reached 89% by the end of August, with food prices soaring over 127%.
  • Rising fuel costs, alongside US sanctions, maritime blockades, and transportation disruptions, have intensified hardships, forcing families to cut consumption.

Tehran (Iran) – Iranians born in the 1980s often describe themselves as the ‘burned generation.’ Their lives have been spent amid the ongoing political and economic upheavals that began after the 1979 Iranian Islamic Revolution.

In 1979, Iranian Islamic militants held American diplomats, including the US ambassador, hostage for 444 days during the event known as the ‘American Embassy hostage crisis,’ reflecting the turbulent political climate of that era.

In subsequent decades, an eight-year war with neighboring Iraq, the Islamic Republic’s imposed cultural revolution, the killing of political prisoners, sanctions, and economic instability further complicated life for many.

Bardia, 23, living with his parents in eastern Tehran, says today’s youth face even tougher circumstances compared to older generations born in the 1980s. He observes an increasingly unstable job market and rising inflation.

“The dreams of living independently, starting families, traveling abroad, buying homes, shops, cars, or new phones are drifting further away day by day,” he told Al Jazeera on condition of anonymity for security reasons.

Decades of Challenges:

Decades of internal misgovernance, corruption, and foreign intervention have made life extremely challenging for nearly 90 million Iranians. This situation predated any potential war between the US and Israel with Iran before February 28 of this year.

Ongoing US bombing campaigns, stricter sanctions, and maritime blockades this year have worsened conditions. January’s anti-government protests and internet restrictions further affected daily life.

Last week, the government raised petrol prices, anticipated to cause further inflation. Many now expect conditions to deteriorate before improvements arrive.

For Bardia, a business administration student working at a downtown Tehran café, daily survival is difficult. His father is a pensioner who supplements income by driving through an online ride-hailing app. They own an old, 15-year-old Iranian-made car. His mother, a retired clothing industry worker, occasionally sews to help financially.

Combined government cash subsidies and food aid give the family a monthly income of about 800 million rials, roughly 350 US dollars, but expenses continue to rise rapidly.

“We buy meat only once every six to eight weeks,” Bardia said. The family has stopped eating out, ordering takeout, buying new clothes, or home items. They worry about medical costs disrupting their tight budget.

Official Iranian data shows annual inflation reached 89% by the end of August, with food prices increasing more than 127% compared to the same month last year.

The national currency, the rial, continues to weaken. Last week, the open market rate for one US dollar hit a new high above 1,370,000 rials.

By Sunday, the rate slightly improved to about 1,310,000 rials, likely influenced by potential agreements to ease restricted movements through the Strait of Hormuz.

However, Iran maintains it will not negotiate with the United States unless demands such as lifting maritime blockades and sanctions are met.

Maritime blockades have halted most of Iran’s oil exports. US sanctions and regional tensions have also disrupted air, road, and rail transport, worsening public hardships.

One Iranian user on social media platform X wrote, “I remember the day my father bought a car for 10 million tomans (100 million rials, about 43 USD) and the day he purchased land at the same price. Today he brought home a small amount of meat that costs 10 million tomans. I’m shocked. I’m 24 years old and I’ve witnessed all this.”

In recent weeks, videos on social media showing people paying exorbitant sums for small quantities of food and essentials have gone viral.

Some have reacted with irony or sarcasm rather than complaints to express resilience, due to the risks of imprisonment or capital punishment for protestors.

Last week, Iranian state television described these videos as part of a “new riot incitement plan by opponents of the Islamic Republic.”

“Declining Tolerance”

Despite decades of pressure, Iran’s economy has shown remarkable resilience amid political instability, sanctions, currency fluctuations, and the region’s deadliest COVID-19 outbreak.

Yet, in less than a year, Iranians have endured both an energy crisis and two wars triggered by the US and Israel.

Iranian President Masoud Pezeshkian and other leaders have repeatedly called for an end to the current “neither war nor peace” status, which they say breeds uncertainty and weakens the economy.

Economist and market analyst Behnam Samadi says the political and economic uncertainty is exacting a heavy toll on Iran. Both the government and families face difficulty taking decisive steps toward improvement.

“Families have shifted from long-term planning to preserving current purchasing power. Businesses are allocating resources toward risk management and maintaining existing operations rather than new investments,” Samadi told Al Jazeera. “The government is forced to increase spending on social assistance, foreign currency management, and crisis resolution.”

Currently, many Iranians are less focused on when the economy might collapse and more concerned about how long the hardship will last and what the cost will be.

Households are gradually adapting lifestyles and consumption habits, cutting back on entertainment, education, and healthcare spending. Borrowing and installment payments for purchases are increasing, shifting some economic pressures into the future.

“The best description is that Iranian families are adapting to circumstances, but this does not mean their living standards are maintained,” says Samadi. “Iran’s economic resilience is holding together due to reduced consumption, lower savings, and a decline in family welfare.”

He adds, “This is a crucial issue to monitor—if conditions persist, what we call ‘resilience’ may gradually turn into a ‘decay of resilience.’”

(Translated summary of material originally published by Al Jazeera)

A Single Handful of Life

Written by space4knews on . Posted in Business.

Father, you offered a handful of water to the flowing river. The river seemed enraged, wounded by pain and shame, cascading over me. Stunned and silent, I pondered—was this the river’s rebellion fueled by thirst against the forests emitting hot gases that the earth cannot absorb? Or was it a desire within the river’s womb to embrace me? When I was in my mother’s womb, submerged in water, how warm and safe that water felt! How beautiful and soothing was my splash within it. Yet, the river’s womb is far more harsh than a mother’s; it thrashes me wildly, hurtling me toward distant destinies, crashing against cruel stones and towering riverbanks.

I endure the punishment for a fault I never committed—in this river of life, hope, and joy. But now, mixing with muddy water, I struggle and gasp, flowing farther away from you—how far must I come at such times? Thoughts and rebellions should not surge violently within the mind. The flood of questions should not overwhelm the heart, nor should I ever have to ask the river, “What fault did I have that you take revenge on me?” But how can I not ask? Why do you thrust a dagger into my innocent father’s heart, piercing his very life? A tempest rages within me.

From eyes blurred by tears amidst this muddy water, sparks of anger ignite. The greedy minds that emit heat enough to make mountains crumble, the ruthless hands that silence the river’s voice, the proud chests that drag nations into war—I pray endlessly, “Give me another birth, oh Mother!” In that life, may there be no heat to melt the mountains, no hands to poison the rivers, no smoke to shroud the skies, and no hunger for power that surpasses the value of human life.

Iranian Foreign Minister Holds Group Meeting with Foreign Ministers of Five Countries in Delhi

Written by space4knews on . Posted in International.

September 13, Kathmandu – On the sidelines of the 18th BRICS Summit held in New Delhi, foreign ministers from Iran, Russia, China, Egypt, Indonesia, and Kazakhstan convened a group meeting. The session, held on Monday, focused on regional and global issues as well as various topics of mutual interest.

Participating countries emphasized the importance of promoting international cooperation, strengthening multilateral diplomacy, and undertaking joint efforts to address regional and global challenges. It is widely recognized that Iran and Russia share close ties, collaborating on issues related to Syria, regional security, and energy. China remains a key economic partner for Iran, importing oil and investing in various infrastructure projects within Iran.

Despite historically limited relations between Iran and Egypt, recent years have shown efforts by both nations to improve ties. Indonesia and Iran generally maintain positive relations, with Indonesia typically adopting a balanced approach to Middle Eastern politics. The relationship between Iran and Kazakhstan is primarily centered on trade, transportation, and regional connectivity, with projects such as the International North-South Transport Corridor holding significant importance for both countries.

Calim Sunal to Join Chitwan Rhinos for Nepal Premier League Third Edition

Written by space4knews on . Posted in Sports.

Chitwan Rhinos have signed Canadian pacer Calim Sunal for the third edition of the Nepal Premier League. Sunal has taken 65 wickets in 45 T20I matches and 51 wickets in 33 ODI matches representing Canada. Previously, Chitwan had secured Ravi Bopara and Sikandar Raza for the upcoming season. September 13, Kathmandu.

Canadian pacer Calim Sunal will represent Chitwan Rhinos in the third season of the Nepal Premier League (NPL). The team announced Sunal’s signing via social media. Sunal is the main pacer for the Canada cricket team. He has taken 65 wickets in 45 T20 Internationals and 51 wickets in 33 One Day Internationals. Overall, Sunal has played 49 T20 matches, claiming 69 wickets. He has participated in franchise leagues like Global T20 Canada, Pakistan Super League, and IL T20.

Earlier, Chitwan Rhinos signed England’s Ravi Bopara for the third consecutive season and Zimbabwe’s star all-rounder Sikandar Raza for the upcoming edition as well. Sohail Tanvir, who played for the team in the previous two seasons, will return this time as a coach.

Child Dies After Auto Rickshaw Hits Motorcycle in Dhangadhi

Written by space4knews on . Posted in Business.

September 13, Kailali – In Dhangadhi Sub-Metropolitan City–2, Milan Chowk, a child lost his life and a motorcycle rider was injured when an auto rickshaw collided with the motorcycle. The auto rickshaw bearing registration number Sup.01–002 C 611, driven by 18-year-old Ankit Gupta from Adarsha Tol, Dhangadhi Sub-Metropolitan City–2, struck a motorcycle (registration number Sup.01–008 Pa 5959) that was traveling from the intersection towards the customs area.

According to Yogendra Timilsina, Information Officer at the District Police Office, the accident resulted in the death of 14-year-old boy Kris Gotame from Ward 8 ‘K’, Punarbas Municipality, Kanchanpur, who was riding as a passenger on the motorcycle. Additionally, the motorcycle rider, 22-year-old Dinesh Thapa from Ward 8, Ghodaghodi Municipality, Kailali, sustained injuries in the crash. Police have stated that a further investigation into the incident is underway.

Sam Altman Backs Proposal to Temporarily Halt Advanced AI Development

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OpenAI CEO Sam Altman has expressed support for the proposal to slow down the development of the most advanced artificial intelligence systems for a period of time. He stated that, if necessary for humanity’s safety, OpenAI is prepared to shut down all its GPUs. However, he noted that the likelihood of such a scenario happening is only a reasonable estimate.

Altman endorsed the proposal made by Anthropic CEO Dario Amodei, which called for a temporary reduction in the pace of advanced AI development to ensure security and responsibility. He shared these views during an interview with Fortune.

Regarding independent safety testing, Altman revealed that OpenAI will have its AI systems evaluated by independent organizations. He committed to providing these testers with the same level of access and information as OpenAI employees. The independent evaluators will assess whether OpenAI’s AI systems pose risks to humans and whether the company is making sufficient efforts to mitigate those risks.

The phrase “shutting down GPUs” refers to turning off the graphics processing units required to build and operate AI systems. GPUs play a crucial role in processing large amounts of data. Therefore, when Altman says OpenAI is “ready to shut down all GPUs,” it means that if risks become excessive, OpenAI is prepared to pause rapid AI development and deactivate its computing infrastructure. He further emphasized that to ensure AI safety and protect humanity’s interests, it may be necessary at times to slow development repeatedly through such agreements, not just occasionally.

Kathmandu Sikshalaya to Organize 25-Kilometer Cycling Rally to Support Flood Victims

Written by space4knews on . Posted in Sports.

On the occasion of Constitution Day, Kathmandu Sikshalaya in Lalitpur is organizing a 25-kilometer cycling rally in collaboration with Mahalaxmi Municipality to assist families affected by recent floods. The rally will commence from Imadol at 7 a.m. and continue until 10 a.m. on Ashoj 3, with an expected participation of approximately 200 people. Prakashraj Pandey, the school chairman, stated that the primary objective of the rally is to raise support for flood-affected families and to instill a sense of social responsibility among students and youth.

The rally will begin at Kathmandu Sikshalaya located in Mahalaxmi-4, Imadol, and will conclude at the school premises. Hari Govinda Shrestha, the chief of Mahalaxmi Municipality, will attend the event as the chief guest. According to Prakashraj Pandey, a mountaineer and school chairman, the rally is aimed at mobilizing assistance for families impacted by the recent floods and fostering social responsibility within the student and youth communities.

The rally will include students, parents, and teachers from Kathmandu Sikshalaya, as well as participants from nearby schools and cycling enthusiasts. Organizers anticipate around 200 participants. Distances for the rally are assigned based on age groups: participants under 10 years will cover 10 kilometers, those up to 15 years will ride 15 kilometers, and the open and professional groups will complete the full 25 kilometers. The route will encompass all 10 wards of Mahalaxmi Municipality.

Organizers have appealed to local government bodies, security agencies, health institutions, schools, and the broader community to provide the necessary support and cooperation to ensure the success of the campaign. The school has emphasized that this event, themed “Let’s Cycle, Gather Support, Stand with Flood-Affected Families,” is not merely a sporting activity but a humanitarian assistance initiative.