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China’s consumer prices dropped below zero in August, marking the first decline in three months and signaling persistent deflationary pressure. Weak domestic demand and slowing economic momentum raise concerns about recovery prospects, with policymakers facing mounting pressure to stimulate growth and stabilize Asia’s largest economy.
US President Donald Trump said negotiations with India to address trade barriers are progressing well, expressing confidence in a “successful conclusion.” He emphasized his strong ties with Prime Minister Narendra Modi, calling him a “very good friend,” and looks forward to further discussions in the coming weeks.
Rajyalaxmi Chitrakar, wife of ex-Prime Minister Jhalanath Khanal, died from severe burn injuries after protesters torched their home, according to Khabarhub and Firstpost. She was taken to Kirtipur Burn Hospital but succumbed during treatment, underscoring the deadly toll of Nepal’s escalating anti-government protests.
Nepal faces chaos as ministers are attacked by mobs and government buildings, luxury hotels, and officials’ homes burn. Protests, driven by corruption and a social media ban, have paralyzed the nation. Foreign tourists remain stranded as international flights are canceled, with shuttle buses moving them between Kathmandu’s airport and hotels.
Several insiders revealed it is an “open secret” that Korean conglomerates and subcontractors used inappropriate visas for workers on multibillion-dollar advanced manufacturing sites in the US. The practice raises legal and labor concerns as companies expand critical facilities under intense scrutiny of global supply chains and compliance.
