Noontime News Recap: Nepal flood death toll climbs as rescue teams race rising risks
Rescue teams are still searching the Nepal Tibet border region after a glacial collapse triggered catastrophic flooding along the Bhotekoshi and Trishuli rivers, with the death toll rising to at least 469. More than 100 people remain trapped at a hydropower project in Rasuwa, where Nepali army teams are continuing rescue operations amid debris flows and flood damage. ๐ ๐China has warned that a barrier lake formed upstream from the flood zone poses a high risk of breaching, raising fears of a second surge downstream and adding to the pressure on already stretched rescue crews. ๐Among those affected, an Australian... [Continue Reading]
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Record Panama Canal auction fee paid as traffic limits tighten
A liquefied petroleum gas carrier has paid a record $5.3 million to secure an earlier transit through the Panama Canal, according to the canal administration. The payment was made as the waterway prepares to reduce the number of authorised daily crossings in response to falling reservoir levels. The move highlights the pressure on one of the world's most important shipping routes just as restrictions are set to tighten.Ilya Espino de Marotta, the canal administrator, said the fee was the highest ever paid in an auction for passage through the canal. She confirmed that a ship had paid $5.3 million to... [Continue Reading]

