Just 100 days left to spend paper £20 and £50 notes
The days of spending paper banknotes in the shops are numbered: 100 days, to be exact - so start hunting at home, BBC reported.
Remaining paper £20 or £50 notes should be spent or deposited by the end of September, the Bank of England said.
An estimated 163 million paper £50 banknotes and about 314 million £20 paper notes were still in circulation, the Bank said.
These notes are being replaced with plastic versions, just like the £5 and £10 note, which are more durable.
The Bank said the newer, polymer notes were also harder to counterfeit, according to BBC.
"The majority of paper banknotes have now been taken out of circulation, but a significant number remain in the economy, so we're asking you to check if you have any at home," said the Bank's chief cashier, Sarah John, whose signature is on the new notes.
From October, people with a UK bank account should still be able to deposit the paper notes into their account or at the Post Office, but spending them will be impossible.
Paper £20 and £50 notes issued by Clydesdale Bank, Royal Bank of Scotland and Bank of Scotland will also be withdrawn on the same date.
The paper £20 notes issued by Bank of Ireland, AIB Group, Danske Bank, and Ulster Bank in Northern Ireland will also be withdrawn after 30 September, BBC reported.
China commends Nepal's decision not to move ahead on SPP with US
China commends the Nepal government's decision not to move ahead on the State Partnership Program (SPP) with the United States, a Foreign Ministry spokesperson said on Thursday, Xinhua reported.
Spokesperson Wang Wenbin made the remarks at a daily news briefing when asked to comment on the issue.
Wang said that the program had been widely controversial in Nepal, as various political parties and factions, the government, the army and people across the Nepali society see the SPP as a military and security initiative closely linked to the Indo-Pacific Strategy. They consider it against the national interests of Nepal and its long-held non-aligned, balanced foreign policy to be part of the SPP, according to Xinhua.
"As Nepal's friendly and close neighbor and strategic cooperative partner, China commends the Nepal government's decision," Wang said, adding that China will continue to support Nepal in upholding its sovereignty, independence and territorial integrity and support Nepal's commitment to its independent and non-aligned foreign policy.
"China stands ready to work with Nepal to jointly safeguard regional security, stability and shared prosperity," said the spokesperson, according to Xinhua.
China hosts BRICS meeting amid rising economic concerns
Chinese President Xi Jinping on Thursday is hosting a virtual summit with the leaders of Brazil, Russia, India and South Africa collectively known as the “BRICS,” amid rising concerns over the global economic outlook and a growing political divide between Beijing and New Delhi, Associated Press reported.
While no agenda has been issued for the talks, Ukraine is likely to feature heavily in the background. China has refused to condemn Russia’s invasion while criticizing sanctions brought against Moscow. India has bought large amounts of Russian oil at a heavy discount, and South Africa abstained on a United Nations vote condemning Russia’s actions.
Along with Xi, Indian Prime Minister Narendra Modi, Russian President Vladimir Putin, South African President Cyril Ramaphosa and Brazilian President Jair Bolsonaro are scheduled to join the two days of discussions.
China has sought to use the BRICS meetings to further its vision of an alliance to counter the US-led liberal democratic world order while expanding its economic and political footprint.
That has produced few tangible results, but Xi remains committed to the idea of an alternative — and principally authoritarian — global governance mode, investing heavily in countries like Cambodia while cracking down on civil rights in Hong Kong and boosting its military to assert its claims in the South China Sea and threats to annex Taiwan by force.
Chinese President Xi Jinping on Thursday is hosting a virtual summit with the leaders of Brazil, Russia, India and South Africa collectively known as the “BRICS,” amid rising concerns over the global economic outlook and a growing political divide between Beijing and New Delhi, according to Associated Press.
While no agenda has been issued for the talks, Ukraine is likely to feature heavily in the background. China has refused to condemn Russia’s invasion while criticizing sanctions brought against Moscow. India has bought large amounts of Russian oil at a heavy discount, and South Africa abstained on a United Nations vote condemning Russia’s actions.
Along with Xi, Indian Prime Minister Narendra Modi, Russian President Vladimir Putin, South African President Cyril Ramaphosa and Brazilian President Jair Bolsonaro are scheduled to join the two days of discussions.
China has sought to use the BRICS meetings to further its vision of an alliance to counter the U.S.-led liberal democratic world order while expanding its economic and political footprint.
That has produced few tangible results, but Xi remains committed to the idea of an alternative — and principally authoritarian — global governance mode, investing heavily in countries like Cambodia while cracking down on civil rights in Hong Kong and boosting its military to assert its claims in the South China Sea and threats to annex Taiwan by force, Associated Press reported.
WHO considers declaring monkeypox a global health emergency
As the World Health Organization convenes its emergency committee Thursday to consider if the spiraling outbreak of monkeypox warrants being declared a global emergency, some experts say WHO’s decision to act only after the disease spilled into the West could entrench the grotesque inequities that arose between rich and poor countries during the coronavirus pandemic, Associated Press reported.
Declaring monkeypox to be a global emergency would mean the UN health agency considers the outbreak to be an “extraordinary event” and that the disease is at risk of spreading across even more borders. It would also give monkeypox the same distinction as the COVID-19 pandemic and the ongoing effort to eradicate polio.
Many scientists doubt any such declaration would help to curb the epidemic, since the developed countries recording the most recent cases are already moving quickly to shut it down.
Last week, WHO Director-General Tedros Adhanom Ghebreyesus described the recent monkeypox epidemic identified in more than 40 countries, mostly in Europe, as “unusual and concerning.” Monkeypox has sickened people for decades in central and west Africa, where one version of the disease kills up to 10% of people. In the epidemic beyond Africa so far, no deaths have been reported.
“If WHO was really worried about monkeypox spread, they could have convened their emergency committee years ago when it reemerged in Nigeria in 2017 and no one knew why we suddenly had hundreds of cases,” said Oyewale Tomori, a Nigerian virologist who sits on several WHO advisory groups. “It is a bit curious that WHO only called their experts when the disease showed up in white countries,” he said, according to Associated Press.
Until last month, monkeypox had not caused sizeable outbreaks beyond Africa. Scientists haven’t found any major genetic changes in the virus and a leading adviser to WHO said last month the surge of cases in Europe was likely tied to sexual activity among gay and bisexual men at two raves in Spain and Belgium.
To date, the US Centers for Disease Control and Prevention has confirmed more than 3,300 cases of monkeypox in 42 countries where the virus hasn’t been typically seen. More than 80% of cases are in Europe. Meanwhile, Africa has already seen more than 1,400 cases this year, including 62 deaths.
David Fidler, a senior fellow in global health at the Council on Foreign Relations, said WHO’s newfound attention to monkeypox amid its spread beyond Africa could inadvertently worsen the divide between rich and poor countries seen during COVID-19.
“There may be legitimate reasons why WHO only raised the alarm when monkeypox spread to rich countries, but to poor countries, that looks like a double standard,” Fidler said. He said the global community was still struggling to ensure the world’s poor were vaccinated against the coronavirus and that it was unclear if Africans even wanted monkeypox vaccines, given competing priorities like malaria and HIV.
“Unless African governments specifically ask for vaccines, it might be a bit patronizing to send them because it’s in the West’s interest to stop monkeypox from being exported,” Fidler said, Associated Press reported.
WHO has also proposed creating a vaccine-sharing mechanism to help affected countries, which could see doses go to rich countries like Britain, which has the biggest monkeypox outbreak beyond Africa — and recently widened its use of vaccines.
Nepal condoles loss of lives due to earthquake in Afghanistan
The government has expressed grief over the loss of lives due to an earthquake in Afghanistan on Wednesday.
The quake is reported to have killed more than 1,000 people.
“Nepal is deeply saddened by tragic loss of lives due to devastating earthquake in Afghanistan. We extend deepest condolences to the bereaved families and wish for speedy recovery of the injured. Nepali people stand in solidarity with people of Afghanistan at this difficult hour,” the Ministry of Foreign Affairs twitted today.
The magnitude 6.1 earthquake struck south-east part of Afghanistan early on Wednesday about 44 km from the city of Khost and tremors were felt as far away as Pakistan and India.
Nepal logs 49 new Covid-19 cases on Thursday
Nepal reported 49 new Covid-19 cases on Thursday.
According to the Ministry of Health and Population, 1, 234 swab samples were tested in the RT-PCR method, of which 33 returned positive. Likewise, 1, 260 people underwent antigen tests, of which 16 were tested positive.
The Ministry said that no one died of the virus in the last 24 hours. The Ministry said that 12 infected people recovered from the disease.
As of today, there are 163 active cases in the country.
Ramayana Circuit train arrives in Janakpur (In pictures)
The Ramayana Circuit train "named "Bharat Gaurav tourist train” of India carrying 500 Indian pilgrims arrived in Janakpurdham of Janakpur on Thursday.
The Indian train carrying religious tourists arrived in Nepal with an aim to strengthen the cultural ties between Nepal and India.
Chief Minister of Madhes Pradesh Lal Babu Raut, Tourism Minister Shatrudhan Mahato, people’s representatives and locals among others welcome the tourists at the Janakpur-based railway platform.
The train that started its journey to Janakpur from New Delhi via Ayodhya, Nandigram, Sitamarhi, Varanasi, Prayagraj, Chitrakoot, Panchvati (Nasik), Hampi, Rameshwaram and Bhadrachalam on Tuesday.
The two countries signed the Ramayan Circuit agreement during Indian Prime Minister Narendra Modi’s Janakpur visit four years ago.








Nepse plunges by 45. 25 points on Thursday
The Nepal Stock Exchange (NEPSE) index plunged by 45. 25 points to close at 1,848.28 points on Thursday.
Similarly, the sensitive index fell 7. 06 points to reach 362. 09 points.
A total of 5,008,771 units of shares of 237 companies were traded for Rs 1. 49 billion.
Likewise, all sub-indices saw red in today’s market with Non Life Insurance on the top of the table.
Meanwhile, Adikhola Laghibitta Bittiya Sanstha Limited was the top gainer today with its price surging by 10 percent. Likewise, Shiva Shree Hydropower Limited was the top loser with its price dropped by 9. 56 percent.
At the end of the day, total market civilization stands at Rs 2. 63 trillion.





