PM Oli's visit to Spain: An opportunity to attract investment for sustainable development

Kathmandu-- Preparations have been completed for Prime Minister KP Sharma Oli's official visit to Spain beginning tomorrow.     

PM Oli is set to pay a visit at the friendly invitation of United Nations Secretary-General Antonio Guterres and Spanish Prime Minister Pedro Sanchez for the 'International Conference on Financing for the Development of the United Nations (FFD-4)' to be held in Seville, Spain, from June 30 to July 3.     

Leaders of governments from around the world, global and regional organisations, financial and trade institutions, businesspeople, civil society, and relevant representatives of the United Nations system will participate in this conference on financing for development.     

At the event, Nepal will advocate for raising the voice of the least developed, small, and island nations. The conference will also discuss the implementation of investment commitments made by rich countries for poor and small nations.     

Prime Minister Oli's chief political advisor, Bishnu Prasad Rima,l said that Prime Minister Oli is going to participate in this forum as it is important for promoting international cooperation for the achievement of the Sustainable Development Goals set by the United Nations by the year 2030.     

Stating that the preparations for the Prime Minister's visit are complete, Ministry of Foreign Affairs spokesperson Lok Bahadur Poudel Chhetri said the conference will focus on the challenges of immediate and long-term assistance and investment necessary for sustainable development by improving the global financial structure.     

Chhetri stated that the conference is of utmost importance between developed countries and developing and the least developed countries regarding sustainable development, financing for development, and particularly, development assistance, investment, and technology transfer; hence, high priority and high-level participation will be crucial.     

He shared that this would be Nepal's unique role in the context of it chairing the international coordination of least developed countries.     

During the visit, Prime Minister Oli would deliver a statement at the conference. The Prime Minister would pay a courtesy call on Spain's King Philip II and his Spanish counterpart Sanchez, as well as hold a sideline meeting with leaders of other countries of the world.     

PM Oli is leaving for Madrid via Qatar on Saturday evening to participate in the conference scheduled from June 30 to July 3. He will return home on July 4.     

It is believed that the high-level visit from Nepal would contribute to increasing investment from developed countries in Nepal and attract tourists from European countries, including Spain.

The 21-member delegation includes First Lady Radhika Shakya, PM's Chief Advisor, Bishnu Prasad Rimal, Foreign Secretary Amrit Bahadur Rai, Secretary at the Finance Ministry, Ghan Shyam Upadhyay, Secretary at the Office of the Prime Minister and Council of Ministers, Raj Kumar Shrestha, PM Oli's Chief Personal Secretary Rajesh Bajracharya, PM's private doctor Dr Smriti Shakya, among others.     

Similarly, an additional eight people from Spain and New York would join the Nepali delegation, which includes—Nepali Ambassador to Spain, Shanil Nepal, Permanent Representative of Nepal to the United Nations, Lok Bahadur Thapa, among others. RSS

 

Gold price increases by Rs 300 per tola on Wednesday

The price of gold has increased by Rs 300 per tola in the domestic market on Wednesday.

According to the Federation of Nepal Gold and Silver Dealers’ Association, the precious yellow metal is being traded at Rs 192, 300 per tola today.

Similarly, the price of silver has increased by Rs 35 and is being traded at Rs 2, 175 per tola today.

 

 

Flash flood kills sub-engineer in Lalitpur

A sub-engineer died after a flash flood swept him away  at Mahankal Rural Municipality-6 in Thuladurlung,  Lalitpur on Wednesday.

The deceased has been identified as Sabin Dahal. 

According to Mahankal award-6 Chair Binod Chaulagain, the flood occurred in Bharyang stream swept away 21-year-old Sabin Dahal of Kaleshwar,  Mahankal-4 at around 7:30 pm.

He was currently residing in Lalitpur Metropolitan City-29 Harisiddhi. 

”We located his body at 10 pm during the search. All roads here are closed, and we have informed the Nepal Army to send helicopters for rescue', he said.

 

PM Oli to embark on official visit to Spain on Saturday

Prime Minister KP Sharma Oli is leaving for Spain on Saturday for an official visit, leading a Nepali delegation. 

In the course of the official visit, he is scheduled to participate in the Fourth International Conference on Financing for Development from June 30 to July 3. 

Ambassador of Nepal to Spain, Shanil Nepal said that that all preparations for the visit have been completed. He further said the Nepali community in Spain is excited and eager to welcome the PM. 

During the visit, PM Oli will hold bilateral meetings with his counterparts.

On the occasion, Memorandum of Understandings (MoUs) on the expansion of bilateral relations and cooperation will be signed. 

The Prime Minister will also interact with the Nepali community and Spanish business fraternity during his visit. 

The Embassy has stated that there will be other crucial bilateral meetings on the sidelines of the conference. 

 

 

Trump administration sues all 15 Maryland federal judges over order blocking removal of immigrants

The Trump administration on Tuesday filed a lawsuit against all 15 federal judges in Marylandover an order blocking the immediate deportation of migrants challenging their removals, ratcheting up a fight with the federal judiciary over President Donald Trump’s executive powers, Associated Press reported.

The remarkable action lays bare the administration’s determination to exert its will over immigration enforcement as well as a growing exasperation with federal judges who have time and again turned aside executive branch actions they see as lawless and without legal merit.

“It’s extraordinary,” Laurie Levenson, a professor at Loyola Law School, said of the Justice Department’s lawsuit. “And it’s escalating DOJ’s effort to challenge federal judges.” 

At issue is an order signed by Chief Judge George L. Russell III and filed in May blocking the administration from immediately removing from the U.S. any immigrants who file paperwork with the Maryland district court seeking a review of their detention. The order blocks the removal until 4 p.m. on the second business day after the habeas corpus petition is filed, according to Associated Press.

Extremely heavy rainfall likely in four provinces, windstorm in Tarai

Currently there is an influence of monsoons winds across the country. 

Now, there is partial to generally cloudy weather in the hilly areas of Gandaki, Karnali, Lumbini, and Sudurpaschim Provinces, while the Madhesh Province is mostly clear with partial clouds. 

Light to moderate rainfall is occurring in a few places of Gandaki, Karnali, Lumbini, and Sudurpaschim Provinces. 

According to the weather forecasting division, there will be partial to generally cloudy weather across the country during the day. 

There is a possibility of light to moderate rain with thunder and lightning in some places in the hilly areas of Karnali and Sudurpaschim Provinces, as well as a few places in other regions. 

In one or two places of the hilly areas of Gandaki, Karnali, and Sudurpaschim Provinces, there is a likelihood of heavy to extremely heavy rainfall. 

The division has predicted light to moderate rainfall/snowfall in a few places of the high hilly and Himalayan regions in all provinces.

There  is a chance of thunderstorms in certain areas of the Tarai region in Koshi Province and some places in Madhesh Province. 

Tonight, the weather will be partially to generally cloudy throughout the country. There is a possibility of light to moderate rainfall with thunder and lightning in some places in the hilly areas of the country, including Koshi Province, and a few places in the remaining provinces. 

 

At least eight killed and hundreds hurt as Kenya protesters battle police

At least eight people have been killed and 400 injured as thousands took to the streets in a day of protests across Kenya against President William Ruto's government, BBC reported.

Police clashed with protesters in the capital Nairobi and other cities exactly a year on from the wave of deadly anti-government demonstrations that hit the nation in 2024.

Many of those demonstrating chanted "Ruto must go" and waved branches as a symbol of peaceful opposition to his rule.

The government banned live TV and radio coverage of the protests, but its decree was overturned by the High Court in the capital, Nairobi, according to BBC.

 

 

Turkiye’s Erdogan calls for permanent Iran-Israel ceasefire, Gaza truce

Turkish President Tayyip Erdogan told leaders at a NATO summit on Wednesday that a ceasefire between Israel and Iran needed to be made permanent, his office said, and called for a ceasefire in Gaza to alleviate the humanitarian crisis there.

NATO member Turkiye has been fiercely critical of Israel and its assault against Palestinian Hamas militants in Gaza, which has been reduced to rubble after two years of war and had its population displaced.

Ankara has also said Israel’s “state terrorism” against Iran — with which it shares a 560-kilometer border — heightened the risks of a wider conflict, and welcomed the ceasefire between the two.

At the NATO summit in The Hague, Erdogan held talks with the leaders of France, Germany and Britain on regional tensions, bilateral ties and relations with the EU, and defense industry cooperation. Erdogan met US President Donald Trump late on Tuesday.

“Our President said he welcomed the ceasefire between Israel and Iran, that the de facto situation needs to turn into lasting calm as soon as possible, that the humanitarian crisis in Gaza is increasingly continuing, and that a lasting ceasefire is also needed there urgently,” Erdogan’s office said after his meeting with French President Emmanuel Macron.