Browsing Tag

skyrocket

Nepal Sets New Hurdle: Permit Costs for Everest Climbers Skyrocket

Nepal has made the bold decision to raise fees for climbing Mount Everest by more than 35%. This adjustment, officials report, marks the first hike in nearly a decade for the planet's highest peak, making the arduous journey somewhat costlier for aspiring mountaineers. The financial influx generated from these permit fees—alongside the spending habits of foreign climbers—plays a pivotal role in bolstering the economy of this cash-strapped nation. Nestled in the heart of the Himalayas, Nepal boasts eight of the globe’s 14…

Food prices skyrocket

The World Food Program (WFP) is sounding the alarm about rising food prices in West Africa, a region already weakened by conflict. It could drive more than 31 million people to food insecurity as the lean season approaches. In West and Central Africa, WFP is calling avoid a "food disaster". More than 31 million people in the region are expected to become food safe in the region, a figure more than 30% higher than last year. And according to WFP, this figure represents the highest level in almost ten years. On average,…

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