12,000 farmers incur loss of Rs 107 million

More than 12,000 farmers have been incurred losses of up to Rs 107.38 million after the winter maize cultivated by them failed to bear grains. Maize production also dropped by 50% compared to last year’s total production of 84,089 metric tons.

Nepal to discuss trade deficit with Bangladesh 

Senior officials of Nepal and Bangladesh have dwelt to narrow increasing trade deficit between the two countries today. Despite enormous potentials of trade, bilateral trade between Nepal and Bangladesh stands at US $ 50 million only. According to Ministry of Industry, Commerce and Supplies, in the fiscal year 2016/17, Nepal's export to Bangladesh was equivalent to US$ 10 million while its import from Bangladesh was US $ 40 million. 

UP residents flock to Nepal to smuggle fuel

With increasing fuel prices in Uttar Pradesh, residents nearby Nepal-India border have started to smuggle petrol and diesel from Nepal.  Petrol was being sold at INR 78.85 per litre in Lucknow and Diesel was sold at INR 68.91 per litre. Whereas, in Nepal petrol was being sold at INR 67.81 and diesel was being sold at Nepalese INR 56.56. 

2 CPN leaders decline to become CC members in NCP

Two invitee central committee members of the Communist Party of Nepal (CPN) declined to become central committee members of Nepal Communist Party after KP Sharma Oli left the duo out initially. The duo objected CPN's statute and structure of the central committee and submitted their grievances in writing to PM Oli.  

China ready to fight U.S. trade war if Washington ignites

China lashed out at Washington's unexpected statement that it will press ahead with tariffs and restrictions on investments by Chinese companies, saying Beijing was ready to fight back if Washington was looking to ignite a trade war. The United States said that it still held the threat of imposing tariffs on $50 billion of imports from China and would use it unless Beijing addressed the issue of theft of American intellectual property.

Egyptian lawyer files €1bn lawsuit against Sergio Ramos

Mohamed Salah believes he’ll be fit for next month’s World Cup but that hasn’t stopped one angry Egyptian lawyer filing a €1bn (£873m) lawsuit against Sergio Ramos for his clumsy challenge on the Premier League Golden Boot winner. The lawyer, Sada El-Balad, Wahba accused Ramos of a deliberate act that inflicted “physical and psychological harm” on the whole country.

 
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