TOKYO, Japan, May 8 2023 (IPS) – The Ukraine crisis, which in addition to bringing devastation to the people of that country has had severe impacts on a global scale—even giving rise to the specter of nuclear weapons use—has entered its second year. Against this backdrop and amid urgent calls for …

Bhutan so far has largely had smooth sailing in international waters, especially so after it became a democracy with various institutions including a Free Press. Except for the occasional blips, it has seen its international stock rise as it did increasingly better in various ratings and measurements. However, just as …

CAMBRIDGE – We live in a world where geopolitical stability relies largely on deterrence. But how can we prove that deterrence works? Consider the ongoing war in Europe. Beginning in December 2021, US President Joe Biden warned Russian President Vladimir Putin that Russia would face severe new sanctions if he …

There has been much speculation over Bhutan’s decision to mine Bitcoins and what it means. It is good that the Druk Holding and Investments has come forward and transparently laid out what it is doing and why. It is important to know that Bhutan is not ‘gambling’ or has ‘lost’ …

GENEVA – Over the past three years, the COVID-19 pandemic has dominated headlines and spurred scientific research, with experts around the world focusing resources and any potentially useful technology on the problem. While the spotlight on COVID-19 has dimmed slightly, it remains a high global priority, sometimes to the detriment …

Tshering Tshomo from Zhemgang will cut a lonely figure in the National Council as the only woman candidate among the 20 elected candidates. In the NC race of the 89 candidates there were only five women candidates. Whenever the issue of women’s representation comes up the issue of merit always …

WASHINGTON, DC –To intervene or not to intervene. That has been a central debate about the state’s role in the economy at least since the eighteenth century. Over the past 40 years, the United States and other Western liberal democracies have championed free markets, free trade, and a limited role …

The two biggest loan portfolios in the banking sector are Housing loans followed by Service and Tourism Loans and they in the financial year 2021 to 2022 made up around 52 percent of the total loans. The tourism loans which consists mainly of loans to hotels is already impacted due …