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ANN/KATHMANDU POST – Nepal’s attempt to save foreign exchange by strangling imports nearly suffocated the economy in the last fiscal year, trade experts said. Worried by rapidly receding foreign currency reserves and growing trade imbalance, the government in April 2022 banned the import of a slew of items it called luxury goods. The embargo, which […]
GENEVA (AP) – FIFA won the latest ruling on Monday of an international, multi-case fight by football player agents to block rules that would regulate their industry and cap their fees. The Court of Arbitration for Sport said it “dismissed in their entirety” arguments put forth by the Zurich-based Professional Football Agents Association (PROFAA), which […]
AP – Caroline Wozniacki, a former number one-ranked tennis player and the 2018 Australian Open champion, announced on Thursday that she is returning to competition three years after she retired to start a family. The United States (US) Tennis Association said it will grant Wozniacki a wild-card invitation to participate in the US Open, which […]
SEOUL (AFP) – North Korea warned yesterday that it would be a “clear declaration of war” if its missiles were shot down during their test launches over the Pacific Ocean. The United States (US) and South Korea have ramped up defence cooperation, including joint drills, in the face of growing threats from nuclear-armed Pyongyang, which […]
AFP – Up to 0.55 gigatonnes each year: this is the potential for eliminating atmospheric CO2 that brown algae would possess, according to a recent study by German scientists. Composed of chlorophyll and a pigment called “fucoxanthin”, brown algae grow in a marine environment and are capable of absorbing large quantities of carbon dioxide, which […]