Miscellaneous

Nepal Gen Z protests cause $25 billion in hotel industry damage.

Nepal’s recent protests led by Gen Z have resulted in significant political upheaval, including the resignation of Prime Minister KP Sharma Oli after police fired on anti-corruption demonstrators. The unrest caused extensive damage, with losses surpassing 25 billion Nepalese rupees to the hotel industry, particularly affecting luxury establishments like the Hilton and Hyatt, which were targeted during the riots. Despite the chaos, Gen Z leaders distanced themselves from the violence, attributing the arson to infiltrators. This unrest highlights the deep socio-economic divides in Nepal, prompting many youths to seek opportunities abroad, while the government grapples with restoring stability.

Share

Leave a Reply

Your email address will not be published. Required fields are marked *

Enable Notifications OK No thanks