International

Nepal counts 148 deaths and massive damage after the worst rains in decades

The intense monsoon rains have caused floods and landslides in Nepal, causing the death of at least 148 people and the disappearance of dozens. The Kathmandu Valley, the epicenter of the catastrophe, has been the most affected, with 73 fatalities reported.

Floods have caused massive damage to infrastructure such as homes and bridges, leaving thousands of people homeless. Rescue teams work hard to locate the missing and provide assistance to those affected, but they face great challenges due to adverse weather conditions and blocked roads.

The deputy inspector general of the Armed Police, Kumar Neupane, explained to EFE that security forces have been mobilized to remove debris and open key roads throughout the country. So far, 3,626 people have been rescued and transferred to a safe area.

Nepalese authorities have reported that the death toll may continue to rise as search and rescue operations progress.

In addition to the deaths, dozens of injuries and thousands of displaced people have been reported.

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The Nepalese capital, Kathmandu, has been one of the areas most affected by floods. Saturday recorded the highest level of rain in decades, which caused rivers to overflow and flood entire neighborhoods.

According to Neupane, the rescuers have recovered 35 bodies buried by landslides in the Jhyaple Khola area of Dhading, on the Prithvi road, which connects the Kathmandu valley.

“A bus and two minibuses were found buried in the landslide. The police have been recovering the bodies since Sunday morning,” he said.

A low pressure system over the Bay of Bengal caused prolonged rains this year. The monsoon, which normally begins in mid-June and ends at the end of September, will extend this year until the first week of October.

The Government of Nepal today ordered the closure of schools in the Himalayan country for at least three days, in an effort to mitigate the impact of widespread floods.

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This decision, taken at an emergency cabinet meeting, seeks to protect the safety of students and educational staff, the spokesman for the Ministry of Education, Laxmi Prasad Bhattarai, said in a statement.

The interruption of transport, the damage to school buildings and the serious impact on the communities have forced the Government to take this measure. In addition, it has been decided to postpone all ongoing exams due to extreme weather conditions.

The Kathmandu valley, the epicenter of the floods, recorded yesterday the highest level of rain since 1970. Thousands of homes have been submerged and authorities fear that the number of fatalities will continue to increase.

Sharmila Sharma, who lives in a rented room in the Nepalese capital, told EFE how the water flooded her home up to a meter high. “This has been one of the worst floods I have seen in Kathmandu in the last 30 years,” he said.

Videos and photos on social media platforms and local media showed people trying to move with water up to their waists. In many places, residents used buckets to empty their water-filled houses.

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International

US panel backs Trump-themed coin amid controversy

The United States Department of the Treasury confirmed to AFP that the Commission of Fine Arts approved the design of a new collectible coin featuring Donald Trump, with members of the commission appointed by the current administration.

According to the proposal, the coin will feature an image of Trump standing with clenched fists over a desk on the obverse, while the reverse will display an eagle, a traditional symbol of the United States.

The sale price of the collectible has not yet been disclosed, although the United States Mint typically offers similar items for more than $1,000.

“There is no more iconic portrait for the front of these coins than that of our president Donald Trump,” U.S. Treasurer Brandon Beach said in a statement sent to AFP. He added that two additional coins — a $1 piece and a one-ounce gold coin — are also under consideration.

However, the Citizens Coinage Advisory Committee (CCAC), another body responsible for reviewing new coin proposals, declined to discuss the Trump design in late February.

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“Only nations governed by kings or dictators place the image of a sitting leader on their currency,” said Donald Scarinciat the time. “No country in the world has minted coins featuring a democratically elected leader during their term in office,” he added.

When contacted by AFP, the Treasury Department did not immediately respond to requests for further comment.

International

Fed’s Waller warns of rising inflation risks amid Middle East conflict

Christopher Waller, a governor at the Federal Reserve, said Friday that he is increasingly concerned about the inflationary impact of the ongoing conflict involving United States and Israel against Iran, particularly due to the prolonged closure of the Strait of Hormuz.

Waller, who had supported interest rate cuts over the past year amid concerns about the labor market, said he has shifted his stance in recent weeks due to rising inflation risks.

“Since the Strait of Hormuz was closed, it suggests this conflict could be much more prolonged and that oil prices will remain elevated for longer,” Waller said in an interview with CNBC.

“Therefore, this indicates that inflation is a greater concern than I had previously assessed,” he added.

Waller also backed the Federal Reserve’s decision earlier this week to keep interest rates unchanged, signaling a more cautious approach as global geopolitical tensions continue to affect economic outlooks.

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International

Brazil offers to mediate Colombia-Ecuador tensions, calls for restraint

The government of Brazil has offered to mediate in the ongoing tensions between Colombia and Ecuador, while calling on both nations to exercise restraint.

In a statement released Wednesday, Brazil’s Ministry of Foreign Affairs urged the parties involved to act with moderation and seek a peaceful resolution to the dispute.

“Brazil encourages all sides to act with moderation in order to find a peaceful solution to the controversy. It stands ready to support dialogue efforts aimed at preserving peace and security in the region,” the statement said.

Brazil also expressed “serious concern” over reports of deaths in the border area between Colombia and Ecuador, noting that the circumstances surrounding the incidents have not yet been clarified.

The diplomatic move comes amid rising tensions between the neighboring countries, increasing regional concern over stability and security along their shared border.