Japan ex-PM Abe injured after reported gunshot attack

Former Japanese Prime Minister Shinzo Abe has collapsed after he was shot at an event in the city of Nara, BBC reported.

According to news broadcaster NHK, Mr Abe was shot from the back and collapsed halfway during his speech, and appeared to be bleeding. His attacker was in custody, it added.

Ex-Tokyo governor Yoichi Masuzoe said in a tweet that Mr Abe was in a state of cardiopulmonary arrest, according to BBC.

Incidents of gun violence are rare in Japan, where handguns are banned.

The term cardiopulmonary arrest is often used in preliminary reports before a death is officially confirmed in Japan, reports say.

 

Sajha Yatayat’s electric buses come into operation from today

The Sajha Yatayat has brought three electric buses into operation from today. The buses were brought from China.

The Sajha Yatayat said that it has decided to bring only three buses into operation in the beginning for trial.

The female drivers will be given priority in these buses.

The Yatayat is planning to operate 37 more buses in the coming days.

 

Sri Lanka hikes rates in face of record inflation, despite economic contraction

Sri Lanka raised rates of interest to the best degree in 20 years on Thursday, saying it needed to head off runaway inflation to keep away from even deeper ache for an economic system that’s already in disaster and is shrinking, Reuters reported.

The Sri Lankan central financial institution elevated its standing lending facility charge by 100 foundation factors to fifteen.50% whereas the standing deposit facility charge was equally raised to 14.50%, the best since August, 2001. 
Inflation touched a year-on-year report of 54.6% in June, and central financial institution Governor P. Nandalal Weerasinghe mentioned it might go as excessive as 70%, prompting the central financial institution to boost charges to handle the rise in costs.

“We are going to work to handle inflation as a lot as doable however different measures equivalent to money transfers may also be wanted to offer reduction to the poor,” he instructed reporters.

Rate of interest rises, nevertheless, would additional dampen financial progress within the island nation.

The nation is struggling to pay for meals, drugs and gas, with overseas alternate reserves at a report low. The economic system contracted by an annual 1.6% within the first quarter and is forecast to have shrunk extra within the second, according to Reuters.

Sri Lanka is pushing for a doable $3 billion prolonged financing programme from the Worldwide Financial Fund (IMF) which might assist it unlock different bridge financing choices to pay for important imports.

The central financial institution mentioned in a press release that important progress had been made in talks with the IMF, whereas negotiations are underway with bilateral and multilateral companions to safe bridge financing and ease the shortfall in reserves. 
“One advice within the IMF programme is to assist the poor and susceptible as excessive inflation could have essentially the most impression on them,” Weerasinghe mentioned. 
The central financial institution expects inflation to the touch 70% within the close to time period and keep increased for one more 12 months however a fall in international crude and commodity costs might assist deliver it down sooner, he added. 
The central financial institution estimates a contraction in progress of 4% to five% this 12 months, Prime Minister Ranil Wickremesinghe instructed parliament on Tuesday, though the federal government targets a smaller contraction of 1% in progress subsequent 12 months. 
“There was a change in stance from the central financial institution, maybe following discussions with the IMF,” mentioned Dimantha Mathew, Head of Analysis at First Capital. 
“I do not assume they’re involved about progress in any respect and have shifted focus to easing foreign money stress and cash printing to stabilise the economic system,” he added. 
The central financial institution additionally mentioned guaranteeing exterior sector stability and general macroeconomic stability would require dedication from all stakeholders and it known as for coherent and constant motion, together with from the federal government. 
“Quicker implementation of the anticipated fiscal reforms aimed toward strengthening authorities income and expenditure rationalisation is required,” it mentioned, including that enhancements within the monetary place of state-owned enterprises have been additionally key. 
It mentioned these measures would over time would result in a decline in authorities financing wants and assist scale down financial financing at a sooner tempo. 
Sri Lanka is scheduled to current an interim funds to parliament in August, which is able to embody new income measures and minimize expenditure, Wickremesinghe instructed parliament final month. 
The IMF indicated the necessity for stronger fiscal measures to place public funds again on monitor and increase debt sustainability following a ten-day go to to the nation late final month. 
Sri Lanka hopes to carry a donor convention with the involvement of China, India and Japan after a workers degree settlement is reached with the IMF and can current its debt sustainability framework by August.

Two more persons test positive for cholera in Kathmandu

Two more persons were tested positive for cholera in Kathmandu Valley.

With the confirmation of the two new cases, the number of people infected with the highly contagious fatal disease has reached 23. 

According to Dr Chumanlal Das, Director at the  Epidemiology and Disease Control Division, cholera has been confirmed in two more persons on Wednesday night.

Dr Das said that a 12-year-old boy of Manohara Municipality-2 and a 58-year-old man of Kathmandu-13 were tested positive for cholera.

He said that the boy is undergoing treatment at  a local hospital in Kageshwori Manohara and the man is receiving treatment at the Teku Hospital.

Earlier on July 5, two persons were tested positive for cholera.