Devastating flash floods have created a booming disaster economy in Nepal. International journalists and aid workers have overwhelmed local infrastructure and services. Hotels and guesthouses are charging premium rates for basic shelter and accommodation. Transport costs have soared due to destroyed roads and bridges. Bilingual fixers and translators are earning significantly higher wages.

Devastating flash floods have created a booming disaster economy in Nepal. International journalists and aid workers have overwhelmed local infrastructure and services. Hotels…

Nepal's floods devastate traders and merchants, threatening the crucial festival season and impacting the economy ahead of major celebrations.