International

October 1, 2024 1:56 PM October 1, 2024 1:56 PM

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Tensions escalate in West Asia as Israel launches ground raids in southern Lebanon

Tensions escalate as Israel launches ground raids into southern Lebanon. The Israeli Defense Forces (IDF) have initiated limited, localized, and targeted operations against Hezbollah targets near the border, citing immediate threats to Israeli communities in the north.   These operations, part ...

October 1, 2024 12:51 PM October 1, 2024 12:51 PM

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IMF delegation to meet Sri Lankan officials to discuss economic recovery plan

The delegation, led by the Director of the IMF’s Asia-Pacific Region, Krishna Srinivasan, is expected to meet Minister of Foreign Affairs Vijitha Herath during their three-day visit.   The discussions will focus on the country’s progress under the current program and explore the next steps in S...

October 1, 2024 12:42 PM October 1, 2024 12:42 PM

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G7 aims to finalise $50 Billion loan for Ukraine by end of October

European Commission has said that the Group of Seven (G7) countries want to reach a political agreement on the 50 billion dollar loan for Ukraine by the end of this month for the cash to be able to available before the end of this year. The loan for Ukraine is to be serviced from profits generated b...

October 1, 2024 8:16 AM October 1, 2024 8:16 AM

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Nepal Govt to release one billion rupees for Disaster Relief Fund to expedite flood rescue & relief operation

In Nepal, a meeting of the Council of Ministers held yesterday decided to release one billion rupees for the Disaster Relief Fund to expedite the rescue and relief operation of the flood-hit communities.   The Ministry of Finance would immediately provide 1 billion Nepali rupees. Cabinet decide...

September 30, 2024 9:35 PM September 30, 2024 9:35 PM

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Nepal Flood: Death Toll Rises to 209, Over 4,500 Rescued

Nepal's Ministry of Home Affairs confirms that the death toll has increased to 209 people, 29 people are still missing and 142 people are injured. Nepal Army and Police have rescued more than 4,500 people.   There is severe damage to infrastructure as roads are broken and blocked,16 bridges are...

September 30, 2024 9:25 PM September 30, 2024 9:25 PM

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Israeli Military Carries Out Air Strikes in Lebanon

The Israeli military has said that it carried out air strikes in Lebanon. The Israel Defense Forces stated that the strikes targeted dozens of rocket launchers and buildings used by Hezbollah to store weapons. The IDF also said it targeted military buildings used by Hezbollah in various parts of sou...

September 30, 2024 7:11 PM September 30, 2024 7:11 PM

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Dubai Hosts Global Hospitality Leaders at Future-Focused Summit

The Future Hospitality Summit has returned to Dubai's Madinat Jumeirah for a three-day event from September 30 to October 2. This year's summit, the largest to date, is set to bring together over 1,500 industry leaders and feature more than 110 distinguished speakers, promising a wealth of insights,...

September 30, 2024 6:30 PM September 30, 2024 6:30 PM

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Hurricane Helene Claims 116 Lives in US

In the USA, at least 116 people have died nationwide since Hurricane Helene made landfall in Florida. Officials in North Carolina said that 30 people had died in Buncombe County alone as of Sunday evening.   Local media reported that 2.7 million people were without power, and thousands were str...

September 30, 2024 5:47 PM September 30, 2024 5:47 PM

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Sri Lanka Records First Deflation in Nearly 40 Years

Sri Lanka’s inflation rate fell to minus 0.5 per cent in September 2024, down from 0.5 per cent in August, marking the first deflation in nearly four decades. According to the data released by Sri Lanka’s Department of Census and Statistics, food items also witnessed a deflation as the basket record...