Gold heads for weekly loss, spotlight on Trump-Putin talks
Gold prices were steady on Friday but remained on track for a weekly decline, as stronger-than-expected U.S. inflation data dampened expectations for ...
Typhoon Wipha has killed five people, left seven missing, and affected more than 800,000 people across the Philippines, the National Disaster Risk Reduction and Management Council (NDRRMC) said on Monday.
The sixth typhoon of the year formed over waters east of the Philippines on 18 July and brushed past the country’s northern seas later that night. Although it did not make landfall, Wipha enhanced the southwest monsoon, dumping heavy rain that triggered widespread flooding.
In the capital region, the Marikina River – a key flood indicator – surged to 15 metres early Sunday, briefly prompting a Level 1 flood alert before returning to its normal level of around 13 metres.
“Yesterday, the evacuation area from all schools and Barangay here in Marikina already has been settled. There was a feeding programme, every person that was near the Marikina river has already evacuated from there for their safety purposes,” said Railey Rivas, a local resident.
Floodwaters have affected more than 100 roads and bridges nationwide, while power supply was disrupted in parts of 115 cities, according to NDRRMC data.
More than 1,200 houses and 44 pieces of infrastructure sustained varying degrees of damage.
The Philippines, located in the western Pacific typhoon belt, is hit by an average of 20 typhoons or tropical storms each year.
Wipha also later brushed past Hong Kong on Sunday, felling trees and scaffolding, grounding flights and sending nearly 280 people into shelters.
Storms drenched southern parts of the Chinese mainland on Monday, triggering flash flood and landslide warnings after the typhoon made landfall in Zhuhai, Guangdong province, on Sunday evening.
Heavy rain lashed the cities of Yangjiang, Zhanjiang, and Maoming.
The world’s biggest dance music festival faces an unexpected setback as a fire destroys its main stage, prompting a last-minute response from organisers determined to keep the party alive in Boom, Belgium.
A powerful eruption at Japan’s Shinmoedake volcano sent an ash plume more than 3,000 metres high on Sunday morning, prompting safety warnings from authorities.
According to the German Research Centre for Geosciences (GFZ), a magnitude 5.7 earthquake struck the Oaxaca region of Mexico on Saturday.
A resumption of Iraq’s Kurdish oil exports is not expected in the near term, sources familiar with the matter said on Friday, despite an announcement by Iraq’s federal government a day earlier stating that shipments would resume immediately.
A magnitude 5.2 earthquake struck 56 kilometres east of Gorgan in northern Iran early Sunday morning, according to preliminary seismic data.
Gold prices were steady on Friday but remained on track for a weekly decline, as stronger-than-expected U.S. inflation data dampened expectations for interest rate cuts and shifted market attention to the meeting between U.S. President Donald Trump and Russian President Vladimir Putin.
Donald Trump travelled to Alaska on Friday for what he described as a “high-stakes” summit with Russian president Vladimir Putin, aimed at securing a ceasefire in Ukraine and ending the deadliest conflict in Europe since the Second World War.
U.S. President Donald Trump announced plans for new tariffs on steel and semiconductor imports, aiming to boost domestic manufacturing while offering initial exemptions for companies investing in the U.S.
Two people were injured in a shooting near a mosque in the Swedish city of Örebro on Friday, police said.
U.S. President Donald Trump said he would not negotiate on Ukraine’s behalf during his meeting with Russian President Vladimir Putin on Friday, stressing that Kyiv must decide whether to pursue any territorial swaps with Moscow.
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