The death toll from flash floods and mudslides along the Nepal-China border rose to 1,375 on Saturday, while 5,531 people remained missing 10 days after the disaster struck, according to official data. Nepal's National Disaster Risk Reduction and Management Authority said 1,344 people were killed, while 5,000 others, including 589 foreigners, remained missing. Chinese authorities said at least 31 people were killed, while 531 others remained missing in the southwestern Xizang Autonomous Region, also known as Tibet. Of those missing, 850 are foreigners, according to official figures from Nepal and China. Read: Death toll from Nepal-China flash floods rises to 1,318, search continues for 5,614 missing The disaster struck Aug. 26 when a glacier on Nepal's Mount Langtang Lirung fractured at an altitude of about 5,200 meters (17,060 feet). The fracture triggered an ice-rock avalanche that developed into a massive debris flow and swept through valleys along the border. Fl...
A broker for United States Defense Secretary Pete Hegseth sought to make a significant investment in major defence companies in the days before the Iran war, according to the Financial Times (FT). The Pentagon, however, has dismissed the report. According to CNBC, FT reported Tuesday that Hegseth’s broker at banking giant Morgan Stanley contacted BlackRock in February about making a multimillion-dollar investment in its iShares Defense Industrials Active ETF. The ETF, which has about $3.1 billion in assets, counts companies such as RTX Corp, Lockheed Martin, and Northrop Grumman, among its largest holdings, BlackRock data showed. The CNBC report states that according to the London Stock Exchange Group (LSEG) data, the ETF has lost 12.4% in the past month, around the time when the Iran war started. Read: Crude oil tanker off Dubai hit by Iranian strike after Trump's latest threats FT also said that the investment discussed by Hegseth’s broker did not move forward as the fund was not yet available for Morgan Stanley clients to buy at the time. It was also not known if the broker had found another defence-related investment, as per CNBC. Pentagon chief spokesperson Sean Parnell dismissed FT's report in a post on X, calling it “entirely false and fabricated,” and demanding the British newspaper retract the article. This allegation is entirely false and fabricated. Neither Secretary Hegseth nor any of his representatives approached BlackRock about any such investment. This is yet another baseless, dishonest smear designed to mislead the public. We demand an immediate retraction.… https://t.co/Su8hGlBOhL — Sean Parnell (@SeanParnellASW) March 30, 2026 Parnell said that neither Hegseth nor any of his representatives approached BlackRock about any such investment. “This is yet another baseless, dishonest smear designed to mislead the public,” he added.
from Latest World News, International News | Breaking World News https://ift.tt/jPpBlUn
from Latest World News, International News | Breaking World News https://ift.tt/jPpBlUn
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