Parliament meeting scheduled for today

Deliberations on the Appropriation Bill, 2082 related to different ministries will continue in the meeting of the House of Representatives today. 

The meeting will be held at 11 am at the Federal Parliament Building, New Baneshwar.

According to the agenda shared by the Federal Parliament Secretariat, lawmakers will discuss new financial year appropriation of the Ministry of Youth and Sports, Women, Children and Senior Citizens, Finance, Urban Development, and the Office of the Prime Minister and Council of Ministers, the Secretariat of the National Planning Commission, the Office of the President and the Office of the Vice President. 

Similarly, proposals for expenditure cuts in the budget set aside for the ministries proposed by some lawmakers will be presented for a vote.

Speaker Devraj Ghimire is also scheduled to announce the change in the names of members of some parliamentary committees under the House of Representatives.

 

 

Investors brace for oil price spike, rush to havens after US bombs Iran nuclear sites

U.S. attack on Iranian nuclear sites on Saturday could lead to a knee-jerk reaction in global markets when they reopen, sending oil prices higher and triggering a rush to safety, investors said, as they assessed how the latest escalation of tensions would ripple through the global economy, Reuters reported.

The attack, which was announced by President Donald Trump on social media site Truth Social, deepens U.S. involvement in the Middle East conflict. That was the question going into the weekend, when investors were mulling a host of different market scenarios.

In the immediate aftermath of the announcement, they expected the U.S. involvement was likely to cause a selloff in equities and a possible bid for the dollar and other safe-haven assets when trading begins, but also said much uncertainty about the course of the conflict remained.

While Trump called the attack "successful", few details were known. He was expected to address the nation later on Saturday, according to Reuters.

Israel seeks swift action on Iran, sources say, with a split US administration

Israeli officials have told the Trump administration they do not want to wait two weeks for Iran to reach a deal to dismantle key parts of its nuclear program and Israel could act alone before the deadline is up, two sources said, amid a continuing debate on Trump's team about whether the U.S. should get involved, Reuters reported.

The two sources familiar with the matter said Israel had communicated their concerns to Trump administration officials on Thursday in what they described as a tense phone call.

The Israeli officials said they do not want to wait the two weeks that U.S. President Donald Trumppresented on Thursday as a deadline for deciding whether the U.S. will get in the Israel-Iran war, said the sources, who spoke on condition of anonymity.

The Israeli participants on the call included Israeli Prime Minister Benjamin Netanyahu, Defense Minister Israel Katz and military chief Eyal Zamir, according to a security source, according to Reuters.

US B-2 bombers involved in Iran strikes, U.S. official says

U.S. B-2 bombers were involved in strikes on Iran's nuclear sites announced by President Donald Trump on Saturday, a U.S. official told Reuters, speaking on condition of anonymity, Reuters reported.

Reuters had reported earlier on Saturday the movement of B-2 bombers, which can be equipped to carry massive bombs that experts say would be ideal to strike the sites.