Nepal’s Political Crisis Paralyzes Economy

Five years after Nepal abolished the monarchy and become a democratic republic, the Himalayan country remains at the center of a political crisis, with elections now postponed to November.  The political instability has affected Nepal’s economy and people’s faith in the country’s future.
It’s nearly 5 p.m. and Sunil Lamichhane has yet to make a sale at his new clothing store in downtown Kathmandu. The retailer says Nepal’s political turmoil and its effect on the …

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