Nepal News
- China Visit Developments: Prime Minister K.P. Oli returned from a four-day official visit to China, during which Nepal and China signed a nine-point agreement focusing on health cooperation, digital economy, and disaster management. The two nations also discussed new projects under the Belt and Road Initiative (BRI), with a shift towards aid-based investments
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- Local Governance and Reconstruction:
- Earthquake Recovery: Reconstruction of quake-damaged classrooms in Karnali Province has begun following the approval of new guidelines
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- Road Infrastructure: In Tinau, a three-month-old road collapse remains unaddressed, causing significant distress for locals
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- Earthquake Recovery: Reconstruction of quake-damaged classrooms in Karnali Province has begun following the approval of new guidelines
- Transitional Justice Controversy: The shortlist of candidates for transitional justice bodies has sparked criticism from conflict victims, who allege political interference
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- Health Challenges: Lumbini Province faces a severe shortage of anti-rabies vaccines, driving patients to seek treatment in India
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- Legal and Political Updates: An arrest warrant was issued for Rabi Lamichhane over a cooperative scam, extending his remand
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Global News
- COP29 Discussions: The COP29 climate summit in Dubai focused on advancing global climate policies, with particular emphasis on increasing contributions to climate funds by developed nations
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- Israel-Hamas Conflict: Intense negotiations for a truce in the ongoing Israel-Gaza conflict continued, mediated by Qatar and the U.S., while humanitarian aid struggled to reach affected civilians
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- Russia-Ukraine War: Fighting intensified in eastern Ukraine, with Ukraine’s forces making gains in several key areas as winter conditions set in
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- Economy and Markets: Oil prices saw fluctuations following OPEC’s latest announcements on production cuts, while global stock markets remained volatile amidst concerns over inflation
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