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Sri Lanka stops printing rupees as inflation mounts

Colombo: Sri Lanka, which has run out of dollars to purchase fuel and is printing rupees to pay local salaries, aims to stop injecting local currency to quash Asia’s fastest inflation.

The inflation rate is estimated to reach 60%, Prime Minister Ranil Wickremesinghe told parliament Tuesday before a monetary policy review due Thursday. Talks for a bailout from the International Monetary Fund are complicated because the nation is bankrupt, he added.

Wickremesinghe now sees Sri Lanka reaching a staff-level agreement with the IMF in August, delayed from the June deadline provided earlier.

Sri Lanka shuts schools amid fuel crisis

The education ministry stated on Sunday that due to an extraordinary fuel crisis, Sri Lanka will be closing its schools for an additional week beginning July 4. Due to a lack of fuel for teachers and parents to transport students to classrooms, public and state-approved private schools will be closed for a week.

According to the Sri Lankan government, the curriculum would be covered in the following summer session.

Due to fuel shortages, schools were shuttered for a day last month statewide and remained closed for the past two weeks in urban areas.

“All government and government-approved private schools in Colombo city boundaries, as well as schools in other major cities in the other provinces, will be closed throughout the following week,” the Sri Lankan ministry of education declared.

Nine killed, 22 injured in bus accident in Nepal

Kathmandu: At least nine persons have been killed in a road accident in Ramechhap district in Nepal on Monday morning.

DSP Raj Kumar Thing at District Police Office, Ramechhap, said that the mishap happened when a passenger bus met with an accident at Sunapati Rural Municipality-5, Lubhughat.

According to him, all of them died on the spot. He added that 22 passengers injured in the accident are undergoing treatment at Dhulikhel Hospital.

DSP Thing said that a chopper has been called to airlift the seriously injured passengers to Kathmandu for treatment.

Poster showing Goddess Kali smoking cigarette sparks outrage Among Hindus

New Delhi — A poster of a documentary directed by filmmaker Leena Manimekalai has drawn flak on social media for hurting religious sentiments with the depiction of Goddess Kali.

Director  Manimekalai tweeted the poster of her new film Kaali – described as a “performance documentary” – on Saturday.

Since then, it has generated hundreds of responses from angry Hindus, who have accused her of offending their religious sentiments.

Kali, the Hindu goddess of destruction, is worshipped by millions of people.

On Monday night, the Indian High Commission in Canada said it had asked the organisers of the event where Ms Manimekalai’s film was to be screened to withdraw the “provocative” poster,  BBC reported.

India- 11 killed in Himachal Pradesh as bus rolls down into gorge

India: At least 11 people were killed, including children, on Monday after a bus they were travelling in skidded off the road and fell into a deep gorge near Jangla Sainj in Himachal Pradesh’s Kullu district.

The incident occurred at 9.18 a.m at Jangla Sainj Newly Marg in Kullu, according to a government statement. A private bus on the Shensher–Sainj route fell into a ditch and 11 people died and four sustained injuries, said the statement.

The relief and rescue work was in progress and the injured have been sent to local hospital at Kullu. Around 20 people were reported to be on the bus. Source: The Hindu

3 dead, 3 critically injured in shooting at Denmark mall

Denmark: Three people were killed and three others were gravely injured when a shooter opened fire inside a popular mall in the Danish capital on Sunday, according to authorities.

According to Copenhagen police inspector Soren Thomassen, a 22-year-old Danish male was detained following the shooting. He said that there was no sign that any other individuals were engaged in the incident, however, police were still looking into it. In Denmark, gun violence is comparatively infrequent.

The shooting, which occurred in the late afternoon at Field’s, one of the largest shopping centers in Scandinavia and a suburb of the Danish capital, Thomassen said it was too early to speculate on the cause. According to witnesses, some individuals fled in a frantic stampede while others hid in stores when the rounds were fired.

Argentine economy minister resigns amid peso, diesel woes

Argentina: Argentina’s economy minister resigned unexpectedly Saturday, dealing a fresh blow to the government of President Alberto Ferández as the country struggles with economic problems.

Martín Guzmán stepped down after a week in which Argentina’s currency hit an all-time low against the dollar amid sizzling inflation and truck drivers staged protests over shortages of diesel fuel.

No successor was immediately announced.

“I write to you to present my resignation as economy minister,” Guzmán said in a seven-page letter addressed to Fernández that he published on Twitter that highlighted internal battles within the administration.

Illustrating the tensions, Guzmán announced his resignation while Vice President Cristina Fernández was giving a high-profile speech in which she lambasted the government’s economic policies. The vice president, who is not related to Argentina’s leader, is a former president herself and the governing coalition has been splintering between their allies. (AP)

Nepal receives additional 2.3 million Pfizer vaccine through Covax

Kathmandu: An additional 2.3 million doses of Pfizer vaccine arrived in Nepal through the Covax facility on Sunday. The vaccine will be administered to children between 5 and 11 years old.

“Nepal has received a total of 2.3 million Pfizer vaccines through the Covax facility,” confirmed Dr Surendra Chaurasia, chief of the Logistic Management Section under the Department of Health Services.

This vaccine will be administered to children who missed the first dose in 27 districts, where the government has conducted a vaccination campaign for children aged between 5 and 11 years old. The government conducted a vaccination campaign for children from July 26 to July 30.

According to the ministry, children who have been vaccinated with the first dose will be given the second dose from July 2 to 8. “The second dose will be administered to children in their respective schools,” according to the Ministry.

According to the government, it is preparing to administer Pfizer vaccines to children in 50 districts from August 21 to 27. Likewise, the second dose will be administered from September 12 to September 17.

Conference on Investment in Emerging Nepal organised at Nepal Embassy London

London — The Embassy of Nepal, in cooperation with the UK-Nepal Trade and Investment Forum and the Britain-Nepal Chamber of Commerce, organized a conference on Investment in Emerging Nepal” at the Embassy on Thursday.

Addressing the conference, The ambassador of Nepal to the U.K. Gyan Chandra Acharya, urged the British investors and businessmen to explore the opportunities for investment in various sectors of Nepal. He also stressed that the Government has given a high priority to attract foreign investment in Nepal. Mr. Sushil Bhatta, CEO of the Investment Board Nepal, remarked that the IBN as a nodal agency of the government
of Nepal for large projects, focuses on facilitating foreign investors and creating avenues for investors in green and resilient infrastructure in Nepal. Mr. Amrit Lamsal, Joint Secretary made a presentation on government’s policy, legal framework and institutional arrangements for facilitating foreign investors in Nepal and available projects under the Investment Board.
Mr. Atam Sandhu, the General Secretary of the UK-Nepal Trade and Investment Forum officially launched UK-Nepal Trade and Investment Forum and announced the visit of business delegation to Nepal in September this year. Speaking at the event, Rodney Berkeley CBE, Director for Manufacturing, Energy, and Infrastructure, Department for International Trade expressed that the British government is keen to promote bilateral trade and investment and Nepal is always in the UK’s investment list. Mentioning about the projects in Nepal financed by British International Investment (BII), Mr Rajesh Hemnani, Investment Manager of BII expressed that Nepal, among the South Asian nations, is one of the most promising regions for investment.
Mr. Tim Gocher from the Dolma Impact Fund shared his success stories from his investment in Nepal. The President of Non-resident Nepalese Association (NRNA) ICC Mr. Kul Acharya informed about the efforts made by NRNA for enhancing FDI and facilitating investment by NRNs. Mr. Biraj Bhatta, Vice Chairman of the Britain-Nepal Chamber made a presentation on the activities of BNCC to facilitate Nepali businessmen in the UK and promote investment in Nepal. More than 80 businessmen and investors participated in the conference. The representatives of the Foreign, Commonwealth and Development office, Department of International Trade, British International Investment, and other Organizations working in the trade and investment sectors were also present at the event.  The conference was aimed at informing the potential British investors on different opportunities for investment in Nepal, provisions for foreign investment, and recent reforms made in Nepal for attracting FDI,  Charge d’ affairs of the embassy of Nepal to the United Kingdom Mrs. Roshan Khanal stated.

UAE president meets senior Chinese diplomat on bilateral ties, cooperation

President of the United Arab Emirates (UAE) Sheikh Mohamed bin Zayed Al Nahyan on Friday met with visiting senior Chinese diplomat Yang Jiechi to discuss bilateral ties and ways to boost cooperation.

Yang, a member of the Political Bureau of the Communist Party of China (CPC) Central Committee and director of the Office of the Foreign Affairs Commission of the CPC Central Committee, first conveyed Chinese President Xi Jinping’s cordial greetings to the UAE president.

Yang said that China regards the UAE, a comprehensive strategic partner, as the priority in its diplomacy in the Middle East.

He noted that the strategic guidance offered by the two heads of state plays a key role in the development of China-UAE relations. Since the beginning of this year, the two leaders have led the way to boost the bilateral ties in the new era with a successful meeting and a phone call. (Xinhua)

India asks Pakistan to release Indian prisoners in its custody

Delhi: India Friday called on Pakistan to release and repatriate 536 Indian fishermen and three civilian prisoners who have completed their jail term and whose nationality has been confirmed.

In addition, Pakistan has been asked to provide immediate consular access to 105 fishermen and 20 civilian prisoners who have been in Pakistan’s custody and are believed to be Indians, the Ministry of External Affairs (MEA) said.

India made the request in the context of the exchange of the lists of civilian prisoners and fishermen by the two countries as part of a practice to do so on January 1 and July 1 every calendar year under the framework of a 2008 agreement. The MEA said India handed over a list of 309 Pakistani civilian prisoners and 95 fishermen in India’s custody to Pakistan. Read more at Indian Express.

Nepal’s dependency on rice increasing, annual import touches Rs 50 billion

Kathmandu: The government data for the last one decade indicate the country’s rising dependency on rice. In fiscal year 2069-70 BS (2012-13), rice worth Rs 20 billion was imported in the country and the figure rose by 150 percent to touch Rs 50 billion in the first eleven months of the current fiscal.

According to the Department of Customs, in the first eleven months of current fiscal, rice, kanika (fragmented rice) and dhuto (husk powder) worth Rs 50 billion was imported.

Nepal majorly imports rice from India, China, Vietnam, the United States of America and Thailand. According to the Ministry of Agriculture and Livestock Development, the import of fine and aromatic rice make up 70 percent in the import chart and high-class people and hotels are the users of these varieties of rice products.

The government in the budget for the fiscal year announced to make the country self-sufficient on rice by coming five years. Though the government had planned to increase rice production through the Prime Minister Agriculture Modernisation Project since the fiscal year 2073-74 BS, the positive results remained unmet.

The country during the fiscal year 2012-13 saw the 454,503 metric tons of rice. According to government data, of around 310,000 hectares of arable land in Nepal, paddy farming is possible on the fifty percent of it. The National Census of Agriculture 2011-12 conducted by the Central Bureau of Statistics shows that 100,000 hectares of land has remained unused in Nepal.

Agriculture census is being conducted in every 10 years. The seventh agro census was conducted from April 19 and concluded on May 2 in the country.

Officer at the Central Bureau of Statistics, Hemraj Regmi, said it will still take seven months to make public the census.

There is no any authentic detail about how much arable land have been turned into plotting, as well as eroded by river till the date.

UNFPA warns of global implications of new restrictions on access to abortion

Kathmandu: UNFPA, the United Nations sexual and reproductive health agency, has warned of the global implications of new restrictions on access to abortion.

Whether abortion is legal or not, it happens all too often. Data show that restricting access to abortion does not prevent people from seeking abortion, it simply makes it more deadly, said UNFPA in a statement.

As UNFPA’s 2022 State of World Population report reveals, nearly half of all pregnancies worldwide are unintended, and over 60 percent of these unintended pregnancies may end in abortion. A staggering 45 percent of all abortions around the world are unsafe, making this a leading cause of maternal death, reads the statement.

Almost all unsafe abortions currently occur in developing countries. UNFPA fears that more unsafe abortions will occur around the world if access to abortion becomes more restricted. Decisions reversing progress gained have a wider impact on the rights and choices of women and adolescents everywhere, it said.

The 1994 program of action of the International Conference on Population and Development, signed by 179 countries, including the United States, recognized how deadly unsafe abortions are and urged all countries to provide post-abortion care to save lives, irrespective of the legal status of abortion. The UN Sustainable Development Goals, particularly the goal related to maternal health, to which all UN member states have committed, are at risk of not being met if unsafe abortions continue, reads the statement.

The U.S. Supreme Court on Friday overturned Roe v. Wade, a landmark decision that established a constitutional right to abortion in the nation nearly 50 years ago.

Mudslide leaves 16 dead, over 70 missing in northeast India

India: Rescuers found two more bodies as they resumed clearing operations after an overnight halt looking for nearly 70 missing people after a mudslide triggered by weeks of heavy downpours killed at least 16 people at a railroad construction site in India’s northeast, officials said Friday.

More than 200 disaster response workers and police are using earth-clearing equipment like bulldozers to rescue those buried under the debris in Noney, a town near Imphal, the capital of Manipur state. But the terrain is making it difficult to move heavy equipment, said H. Guite, district magistrate, adding that he has asked for reinforcements.

Intermittent rain continues in the region.

Sixteen bodies have been recovered so far after a hillock caved in and buried the railroad project area, Guite told The Associated Press. (AP)

Canada to make nutrition warnings mandatory on the front of some packaged food

Beginning in 2026, Canada will make it mandatory for pre-packaged foods with high levels of saturated fat, sugar, or sodium to have nutrition warnings on the front, in an effort to aid grocery customers in making healthier decisions with just a quick scan.

The program, which has been in development for more than five years, would prominently identify goods that include the so-called “nutrients of public health concern,” which have been connected to diseases like cardiovascular disease and Type 2 diabetes.

“These regulations are designed to make it easier for us to make informed, healthier choices,” Health Minister Jean-Yves Duclos said at a news conference Thursday morning.