
Caught in the debate
Israel and Lebanon's Hezbollah start a ceasefire after nearly 14 months of fightingThe KP Sharma Oli led-government in Nepal runs the risk of collapse if the prime minister agrees to loans under the Belt and Road Initiative (BRI) during his upcoming China visit , with his coalition partner, Nepali Congress (NC), insisting that the Himalayan nation should seek grants instead of loans. The NC has said that China has not fulfilled its previous grant commitments under the BRI and has opposed Oli's move to join the BRI during his visit in the first week of December. Oli and the NC have publicly differed on China's invitation to Nepal to join the BRI and there are indications that the NC may reconsider its support to the government if Oli goes ahead with the plan to seek loans under the BRI, according to people familiar with the matter. Although Nepal and China signed a memorandum of understanding on BRI in 2017, not a single project has been negotiated under the initiative as successive governments in Nepal have been averse to taking loans from China, unlike Sri Lanka and Pakistan, said Nepal watchers. Nepal traditionally has also been wary of loans given its state of economy and has preferred grants to fund its projects. This is among the reasons that it has not taken loans under the BRI despite intense lobbying from China. India has offered grant assistance to Nepal since the 1950s. Nepal is among India's largest and most prominent development partners. India-Nepal Cooperation for developing modern infrastructure in Nepal began in 1951. 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View Program Office Productivity Advanced Excel Course - Financial Calculations & Excel Made Easy By - Anirudh Saraf, Founder- Saraf A & Associates, Chartered Accountant View Program Data Science SQL for Data Science along with Data Analytics and Data Visualization By - Metla Sudha Sekhar, IT Specialist and Developer View Program Marketing Digital Marketing Masterclass by Pam Moore By - Pam Moore, Digital Transformation and Social Media Expert View Program Leadership Business Storytelling Masterclass By - Ameen Haque, Founder of Storywallahs View Program Artificial Intelligence(AI) Master in Python Language Quickly Using the ChatGPT Open AI By - Metla Sudha Sekhar, IT Specialist and Developer View Program Leadership Validating Your Startup Idea: Steps to Ensure Market Fit By - Dr. Anu Khanchandani, Startup Coach with more than 25 years of experience View Program Finance Financial Literacy i.e Lets Crack the Billionaire Code By - CA Rahul Gupta, CA with 10+ years of experience and Accounting Educator View Program Office Productivity Excel Essentials to Expert: Your Complete Guide By - Study At Home, Quality Education Anytime, Anywhere View Program Web Development JavaScript Essentials: Unlock AI-Driven Insights with ChatGPT By - Metla Sudha Sekhar, IT Specialist and Developer View Program Office Productivity Microsoft Word Mastery: From Beginner to Expert By - CA Raj K Agrawal, Chartered Accountant View Program Artificial Intelligence(AI) Mastering C++ Fundamentals with Generative AI: A Hands-On By - Metla Sudha Sekhar, IT Specialist and Developer View Program Apart from taking up infrastructure development projects, India has also shared technical know-how with Nepal in various fields. Meanwhile, Oli said his China visit would not hurt Nepal's ties with India. Speaking at the concluding session of the Kantipur Conclave in Kathmandu last Thursday, he said there was no reason for his visit to harm relations with India just because he was going to China first. Historically, India has been the first destination abroad for any Nepalese PM. (You can now subscribe to our Economic Times WhatsApp channel )
Netanyahu's office says his security Cabinet has approved ceasefire deal with HezbollahBREAKING NEWS Juan Soto 'is signing with New York Mets in $700m deal', says ex-MLB player By JACK BEZANTS Published: 23:09, 26 November 2024 | Updated: 23:32, 26 November 2024 e-mail View comments Juan Soto has decided to sign for the New York Mets on a $700million deal, according to former MLB player Carlos Baerga. Baerga made the claim on Tuesday night on social media, saying: 'Well my people, these messages are coming directly. I think Juan Soto will sign with the NY Mets and it is about 700 million, my people.' Baerga shared his update alongside a report that Mets center fielder Jose Siri said he would give up his No 22 jersey for Soto if he joined the team. There has been no official confirmation from Soto or the Mets, who are in the running alongside multiple other organizations such as the Yankees, Boston Red Sox and Los Angeles Dodgers. Baerga used to play for the Mets and since retiring in 2005 has worked as an analyst on Spanish baseball coverage for ESPN. Soto is a free agent after spending last year with the New York Yankees , with the team losing the World Series to the Dodgers. Juan Soto is apparently ditching pinstripes and heading to the New York Mets Partnering Aaron Judge in an explosive Yankees lineup, the 26-year-old was hugely popular at Yankee Stadium - a reputation he would instantly trash with a move from the Bronx to Queens. The left-hander hit 41 home runs in the regular season for the Yankees who, if Baerga is correct, must now turn their focus on rebuilding their roster for 2025. One player they could go for is a former Met. First baseman Pete Alonso is also in free agency after his Citi Field contract ran out and the Yankees need a replacement for Anthony Rizzo. But make no mistake, Soto joining the crosstown rivals in New York would be a huge blow for Yankees manager Aaron Boone. The Mets overcame a brutal start last season - in early June, they had the third-worst record in MLB - to reach the NLCS where they were beaten by the Dodgers in six. Should Carlos Mendoza land the biggest prize of free agency, it would be huge statement. Baerga shared his update alongside a report that Mets center fielder Jose Siri said he would give up his No 22 jersey for Soto if he joined the team. Share or comment on this article: Juan Soto 'is signing with New York Mets in $700m deal', says ex-MLB player e-mail Add comment