Gold price drops by Rs 1, 600 per tola on Wednesday

The price of gold has dropped by Rs 1, 600 per tola in the domestic market on Wednesday.

According to the Federation of Nepal Gold and Silver Dealers’ Association, the yellow metal is being traded at Rs 193, 500 per tola today. It was traded at Rs 195, 100 per tola on Tuesday.

Similarly, the price of silver has dropped by Rs 45 and is being traded at Rs 2, 255 per tola.

 

Court rejects house arrest for Colombia ex-president Uribe during appeal

Bogota’s superior court has overturned an order placing former Colombian President Alvaro Uribe under house arrest while he appeals his 12-year conviction for bribery of a public official and abuse of process, Reuters reported.

The case stems from allegations that Uribe, who led Colombia from 2002 to 2010, ordered a lawyer to bribe jailed paramilitaries to discredit claims linking him to right-wing militias. Uribe, 73, maintains his innocence, calling the case political persecution.

According to Reuters, the ruling marks the first time a former Colombian president has been found guilty at trial and comes less than a year before the 2026 presidential election, where several of his allies are competing for office.

Mexico's Sheinbaum says no agreement exists with DEA on 'Project Portero'

President Claudia Sheinbaum said Tuesday that Mexico has no agreement with the US DEA on “Project Portero,” a new initiative targeting cartel operations. She called the DEA’s announcement unexpected and stressed that any cooperation must respect Mexico’s sovereignty, Reuters reported.

Sheinbaum noted that Mexico and US are finalizing a broader security coordination framework. The DEA plans a training program in Texas for Mexican and US officials, but past DEA activities in Mexico have faced criticism for potential infringements on national sovereignty.

Kathmandu-Manthali road obstructed

Vehicular movement along the Kathmandu-Manthali road section has been obstructed after the road collapsed at Halede in Likhu Tamakoshi Rural Municipality-7, Ramechhap on Wednesday.

Local Sanjiv Chauhan informed that the passengers heading to Charikot, Dolakha from Kathmandu have been stranded midway.

Meanwhile, Chief District Officer Shyam Krishna Thapa said that efforts were on to reopen the roadway after repairing the collapsed section.

 

Biker dies after being hit by truck

A biker died after a truck hit a motorbike he was riding on near Keraghari, Panchkhal Municipality-5 along the Araniko Highway on Wednesday.

The deceased has been identified as Rupesh Kharel (35) of Chaurideurali Rural Municipality.

The truck hit Kharel while he was trying to overtake it, according to the Area Police Office, Panchkhal.

Kharel was rushed to the Dhulikhel Hospital, but the doctors pronounced him dead on arrival.

Police have impounded the truck and arrested its driver Madhav Kumar Badal for further investigation.

Federal government honoring six best performing local levels

The federal government has decided to award six best performing local levels.

The Ministry of Federal Affairs and General Administration is honoring six local levels which performed best in the local level institutional self-assessment (LISA) system for the fiscal year, 2023/24. 

The award is expected to foster healthy competition among local governments. The reforms in governance and development management are identified through LISA.

The local levels being awarded are Khairahani Municipality of Chitwan, Tilottama Municipality of Rupandehi, Nilakanth Municipality of Dhading, Arjunchaupari Rural Municipality of Syangja, Benighat Rorang Rural Municipality of Dhading and Ruruchhetra Rural Municipality of Gulmi district.

They would be awarded amidst a function attended by Minister for Federal Affairs and General Administration, Bhagawati Neupane on August 22.

 

China to stage massive military parade marking WW2 surrender of Japan

China will stage a massive military parade in Beijing on September 3 to mark 80 years since Japan’s surrender in World War Two. Tens of thousands of troops, hundreds of aircraft, and new military equipment including advanced missiles and hypersonic weapons will be on display, according to Reuters.

President Xi Jinping will review the 70-minute “Victory Day” parade at Tiananmen Square, joined by foreign leaders including Russian President Vladimir Putin. Authorities have tightened security across the city, reflecting the scale of the event and global attention on China’s growing military strength.

 

American Academy of Pediatrics urges COVID shots for young children

The American Academy of Pediatrics recommended Tuesday that all children aged 6-23 months receive COVID-19 vaccines, regardless of prior doses or infection, differing from federal guidance that leaves vaccination up to parents and doctors, Reuters reported.

The group cited high hospitalization rates among the youngest children, comparable to adults aged 50-64, and stressed the importance of protecting those at highest risk.

Earlier this year, the AAP and other medical groups sued the government over the removal of routine vaccination recommendations, while federal officials recently revived a task force on safer childhood vaccines.