_0_1757410837.jpg)
IMF gives guarded nod to Argentina's currency interventions
39 minutes ago
Nepal’s political crisis hit a jaw-dropping new low this week as Finance Minister Bishnu Prasad Paudel was stripped nearly naked and chased into a river by enraged demonstrators, Gulf News reports.
The shocking incident, caught on video, came just hours after protesters set fire to parts of the parliament building in a fiery show of rage.
Angry youths, many from the so-called “Gen Z” generation, are at the heart of the unrest, venting over soaring prices, record unemployment, and rampant government corruption. They’ve turned the streets into a battlefield, at least 30 have been killed but they are showing no signs of letting up.
Analysts say the river humiliation is more than a personal disaster for Paudel - it’s a blazing symbol of the public’s growing contempt for Nepal’s fractured and feuding political elite.
The footage shows the minister, clad only in underwear and wearing what appears to be a motorbike helmet, being pushed into the river while one protester follows him, occasionally administering blows to the head as hundreds scream from both banks.
The bizarre scene has gone viral, a vivid illustration of just how far the chasm has grown between Nepal’s rulers and its citizens and will no doubt provide food for thought for others around the world dealing with their own errant government officials.
Related Content
News
IMF gives guarded nod to Argentina's currency interventions
The IMF has signalled cautious backing for Argentina's recent foreign exchange market interventions whilst urging greater transparency in currency management, as President Milei faces mounting political pressure.
Oil majors face $4.4bn in liabilities under Nigeria's tightened decommissioning rules, says NUPRC chief
Nigeria’s upstream regulator has cleared 94 oilfield decommissioning plans worth $4.42bn since April 2023, arising from all FDPs submitted in that period, the NUPRC chief said, underscoring tightened rules to safeguard state finances.
President Javier Milei confirms date to announce Argentina's 2026 budget
Argentina's president will give a speech on September 15 evening, hours before the mandated budget deadline, which could imperil his cost-cutting administration.
Kast and Jara trade blows in Chilean presidential debate
Chile's eight presidential candidates participated in their first debate on the night of September 10 ahead of the November 16 election, with communist candidate Jeannette Jara and far-right José Antonio Kast emerging as the projected frontrunners.
Hanoi unveils statue of Bitcoin’s mysterious founder Satoshi Nakamoto
Nakamoto, whose true identity has never been revealed, introduced Bitcoin and blockchain technology in 2008 through a white paper on peer-to-peer digital currency.
Most Read
-
Renewable capacity growth is faster than ever, but more acceleration needed to meet Paris 2030 goal, says IEA
1 year ago
-
Kyrgyzstan abandons attempt to rescue Russian climber trapped on icy summit of country’s highest mountain
16 days ago
-
BERTRAND: China after Communism, preparing for a post-CCP China
1 month ago
-
UKRAINE REMONT: The battle to build: signs of recovery in Ukraine's construction industry
5 months ago