BBC News has just sent out a news alert saying King Gyanendra has bowed to the pro-democracy protests and says he will hold elections and give power back to the people. This is excellent news for the Nepalese, with yesterday being the second day of mass protests in the capital Kathmandu despite a shoot-on-sight curfew. The people stood up for their rights and the King had to give in.
A pro-democracy protest had been planned in London for the 25th. Not sure if it will continue.
As an aside, Lenin yesterday called for the Maoists to take Nepal. Although I agree with him most of the time, I thought the call was incredibly uninformed and totally dismissed the 10s of 1000s of people the Maoists have killed and terrorised over the years.
News update: Bloomberg and IBN-Live
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Filed in: Current affairs,South Asia