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  • ADB to fund Pakistan’s core Belt and Road project as China steps aside

    ADB to fund Pakistan’s core Belt and Road project as China steps aside

    Belt and Road

    Islamabad’s serial design changes to Main Line-1 railway have frustrated Beijing

    People board an overcrowded passenger train at a railway station in Lahore on March 29. A formerly China-funded railway project in Pakistan has a new lease on life now that the Asian Development Bank has stepped up with a lending package. © AP

    ADNAN AAMIR

    ISLAMABAD — Pakistan has decided to proceed with its largest project of the Belt and Road Initiative with a loan from the Asian Development Bank now that Beijing has retreated due to mounting concerns over unpaid power sector dues and security challenges.


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  • Indonesia protests explained: why did they start and how has the government responded? | Indonesia

    Indonesia protests explained: why did they start and how has the government responded? | Indonesia

    At least seven people have died, hundreds have been injured and public buildings have been burnt and looted after thousands of people took to the streets in anti-government protests across Indonesia over the past week.

    The clashes between riot police and rock-throwing protesters that began in the capital and quickly spread beyond Jakarta have been seen as a major test for President Prabowo Subianto, a former general who has been in office for less than a year.


    What sparked the Indonesia protests?

    The protests began on 25 August, with thousands demonstrating outside parliament against a housing allowances for MPs that was nearly 10 times the minimum wage in Jakarta. Prabowo has simultaneously implemented strict austerity measures, including cuts to education, health and public works.

    Demonstrators were also protesting against what they termed “corrupt elites” within the government and policies that benefit conglomerates and the military, according to a press releasee from the student group Gejayan Memanggil.

    The statement was an apparent reference to the growing role of the military in civilian life under Prabowo’s government.

    The demonstrations spread across the country and turned increasingly violent on Friday, after the death of a 21-year-old deliver driver in Jakarta. Footage showed a team belonging to the nation’s elite paramilitary police unit running him over late on Thursday as it drove an armoured car through a group of protesters.


    What has happened since?

    Government buildings and police headquarters have been set ablaze by protesters around the country, with demonstrations taking place in Gorontalo city on Sulawesi island, Bandung on the main island Java, Palembang on Sumatra island, Banjarmasin on Borneo island, Yogyakarta on Java, and Makassar on Sulawesi.

    At least three people were killed on Friday after a fire started by protesters at a council building in the eastern city of Makassar. A fourth died in the same city on Friday after he was beaten by a mob who mistakenly believed he was an intelligence officer.

    A student died in clashes between riot police and protesters in Yogyakarta on Friday, while a 60-year-old pedicab driver suffering from acute asthma was found unconscious after being exposed to teargas at a protest in the city of Solo and died on Sunday while being treated at a hospital.

    Over the weekend finance minister Sri Mulyani Indrawati’s house was looted, although she was not at home, and several lawmakers have reportedly had their houses ransacked.

    Authorities say they have detained more than 1,240 rioters after five days of protests in Jakarta while according to the city’s governor, Pramono Anung, the damage as rioters burned buses, subways and other infrastructure has caused losses of up to 55bn rupiah ($3.3m). He also said 700 people had been injured in the protests.


    How has the government responded?

    Prabowo, who has cancelled a high-profile trip to China to attend a major military parade, on Sunday ordered the security forces to take firm action against the protests.

    “There are signs of unlawful acts, even leading to treason and terrorism,” he said. “To the police and the military, I have ordered them to take action as firm as possible against the destruction of public facilities, looting at homes of individuals and economic centres, according to the laws.”

    However he also announced that lawmakers’ perks – including the contentious housing allowance – would be cut, as well as overseas trips, a rare concession to the protesters.

    Prabowo also said that police were investigating seven officers linked to the incident in which the deliver driver died, and that he had instructed a quick and transparent investigation in a way that the public can monitor. He said he would ensure his administration financially supported the driver’s family.

    On Monday he struck a defiant tone once more, announcing he would promote 40 police personnel injured during the violence. “There might be police members who were wrong … But don’t forget dozens of officers who sacrificed themselves,” he said during a visit to a hospital treating injured police.


    What has the rest of the world said about the protests?

    The United Nations on Monday called for an investigation into the alleged use of disproportionate force at the protests, while Human Rights Watch accused the Indonesian authorities of having “acted irresponsibly by treating the protests as acts of treason or terrorism”.

    The rights group’s Asia director Meenakshi Ganguly said the response was especially concerning “given the security forces long history of using unnecessary and excessive forces against demonstrators”.

    Foreign embassies and consulates, including the US, Australia, France, Canada and other southeast Asian countries, have issued travel warnings and advised their citizens in Indonesia to avoid demonstration areas or large public gatherings.

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  • Depressive symptoms may interfere with learning to actively avoid unpleasant events

    Depressive symptoms may interfere with learning to actively avoid unpleasant events

    Depression alters how people pursue rewards, but, conversely, whether depressive symptoms influence how people learn to avoid nonrewarding, unpleasant events is less clear. Ryan Tomm and colleagues, from the University of British Colombia, addressed this question in their eNeuro paper to shed more light on the relationship between depression and learning. This work brought together researchers from preclinical, cognitive, and clinical backgrounds, building stronger connections across fields to better understand the mechanisms of depression. 

    The researchers developed a behavioral task for study volunteers based off rodent research that involves participants listening to sounds while looking at a screen with visual cues signaling sounds to come. Participants learned to avoid unpleasant sounds either by actively responding or withholding responses to cues. From a sample of 465 participants with a wide range of depressive symptoms from low to severe, the researchers found that people with more severe symptoms struggled to learn to actively avoid aversive sounds compared to those with less severe symptoms. However, once they did learn the task, their ability to actively avoid unpleasant sounds matched those with less symptoms. Thus, according to the authors, depressive symptoms may interfere specifically with learning to actively avoid unpleasant events, rather than with avoidance more broadly. 

    What we still don’t know, is how depressive symptoms affect avoidance when people continue to learn after being proficient at an avoidance task, or in more complex situations where the best way to avoid something is unclear. As we actively explore these questions, we hope our work will provide a deeper understanding of how depression shapes avoidance behavior across different contexts.”


    Ryan Tomm, University of British Colombia 

    Source:

    Journal reference:

    Tomm, R. J., et al. (2025). Depression levels are associated with reduced capacity to learn to actively avoid aversive events in young adults. eNeuro. doi.org/10.1523/eneuro.0034-25.2025

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  • Undiscovered Gems in Middle East Stocks for September 2025

    Undiscovered Gems in Middle East Stocks for September 2025

    As most Gulf markets experience a dip due to weak oil prices, with indices in Saudi Arabia and Dubai retreating, investors are keenly observing the region’s economic landscape for potential opportunities. In this context, identifying promising stocks involves looking for companies that demonstrate resilience and adaptability amidst fluctuating market conditions and economic reforms.

    Name

    Debt To Equity

    Revenue Growth

    Earnings Growth

    Health Rating

    Al Wathba National Insurance Company PJSC

    10.97%

    10.37%

    3.14%

    ★★★★★★

    Baazeem Trading

    8.48%

    -1.74%

    -2.37%

    ★★★★★★

    MOBI Industry

    6.50%

    5.60%

    24.00%

    ★★★★★★

    Sure Global Tech

    NA

    11.95%

    18.65%

    ★★★★★★

    Saudi Azm for Communication and Information Technology

    1.94%

    16.33%

    21.26%

    ★★★★★★

    Nofoth Food Products

    NA

    15.75%

    27.63%

    ★★★★★★

    Najran Cement

    14.76%

    -3.67%

    -26.79%

    ★★★★★★

    Qassim Cement

    0.30%

    0.78%

    -14.65%

    ★★★★★☆

    National General Insurance (P.J.S.C.)

    NA

    14.58%

    25.09%

    ★★★★★☆

    Etihad Atheeb Telecommunication

    0.97%

    37.69%

    60.25%

    ★★★★★☆

    Click here to see the full list of 200 stocks from our Middle Eastern Undiscovered Gems With Strong Fundamentals screener.

    Here’s a peek at a few of the choices from the screener.

    Simply Wall St Value Rating: ★★★★★☆

    Overview: Abu Dhabi Ship Building PJSC operates in the construction, maintenance, repair, and overhaul of commercial and military ships and vessels in the United Arab Emirates, with a market capitalization of AED1.61 billion.

    Operations: The primary revenue stream for Abu Dhabi Ship Building PJSC comes from its New Build and Engineering segment, generating AED1.05 billion, followed by Military Repairs and Maintenance at AED161.75 million. The Small Boats and Mission Systems segments contribute less significantly to the overall revenue.

    Abu Dhabi Ship Building (ADSB) stands out with its robust financials and strategic contracts. Despite a recent net loss of AED 0.821 million in Q2 2025, the company secured a lucrative AED 7 billion contract for missile boats with Kuwait, showcasing its industry clout. Over five years, ADSB’s debt-to-equity ratio has impressively decreased from 149.9% to 43.5%, indicating prudent financial management. With earnings growth at an impressive 24% last year, it outpaced the Aerospace & Defense sector’s -2.7%. The price-to-earnings ratio of 30x is notably lower than the industry average of 54x, suggesting potential value for investors.

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  • Oppo executive dashes hope of the Find X9 series launching in a 24GB RAM + 2TB configuration

    Oppo executive dashes hope of the Find X9 series launching in a 24GB RAM + 2TB configuration

    The Oppo Find X8 Ultra (pictured) maxes out at 1TB of storage, and that may be the same for the Find X9 series too. (Image source: Notebookcheck)

    With phones now launching with up to 24GB of RAM and 1TB of storage, it is only a matter of time before we see models with 2TB of storage like on the iPad Pro 11 (2024). Unfortunately, Oppo has no plans of launching a 2TB model of the upcoming Find X9 series.

    While the Oppo Find X8 Ultra (read our review) maxes out at 16GB of RAM and 1TB of storage, there’s a variant of the OnePlus 13 that has a whopping 24GB of RAM and 1TB of storage. It is thus not surprising that fans are expecting Oppo to outdo itself by launching a smartphone with 24GB of RAM and 2TB of storage. Unfortunately, that won’t be happening, at least not with the Find X9 series.

    The information was revealed on Weibo by Zhou Yibao, the product manager of Oppo’s Find series, when asked if there will be a 24GB RAM + 1TB/2TB model of the Find X9 series. According to a translation of the Oppo executive’s reply, there won’t be a 2TB device version as the hardware is reportedly not mature yet. However, he suggested using Oppo’s cloud service for those who require more storage.

    While there isn’t a smartphone with 2TB of built-in storage, there are phones with a MicroSD card slot that support adding MicroSD cards with up to 2TB capacity. One such device is the CMF Phone 2 Pro (available on Amazon.de for € 250.20). Unfortunately, Oppo’s Find X series of smartphones, like many flagships, no longer have a MicroSD card slot.

    On the bright side, while Zhou Yibao’s response did dash the hopes of those who want a 2TB smartphone, it is important to note that he didn’t say there won’t be a 24GB RAM version with 1TB of storage. So it is safe to assume one or more of the Find X9 series will have such configuration. However, whether that model will be available outside China remains to be seen.

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  • Brain pulsations driving glymphatic function differ in narcolepsy patients and healthy individuals

    Brain pulsations driving glymphatic function differ in narcolepsy patients and healthy individuals

    A hormone produced by the brain, orexin, may play a central role in the functioning of the brain’s glymphatic system, which clears waste, according to a new study from the University of Oulu.

    Published in the high-profile journal PNAS, the study examined how the pulsations driving the brain’s glymphatic clearance differ in people with narcolepsy type 1 compared with healthy individuals. For the first time, the research directly compared the brain pulsations of narcolepsy patients with those of healthy individuals during sleep. The study included 23 participants with narcolepsy type 1 and a group of healthy controls.

    Brain clearance involves three types of pulsation: cardiovascular pulsations generated by the heartbeat in the arteries, respiratory pulsations in the veins and cerebrospinal fluid spaces, and slow vasomotor waves in the walls of blood vessels. These pulsations, and the resulting brain clearance, are known to increase during sleep. Previous research has shown that all three types of brain pulsation are altered in people with narcolepsy type 1 compared with healthy wakefulness.

    The researchers imaged the brains of narcolepsy type 1 patients and healthy controls using rapid functional magnetic resonance imaging. The results showed that, in awake narcolepsy patients, vasomotor pulsations did not differ in intensity from those in sleeping healthy individuals, but were clearly stronger in the narcolepsy group than in awake healthy participants. In contrast, heart- and respiration-related pulsations were weaker in narcolepsy.

    Orexin may suppress brain pulsations

    In narcolepsy type 1, the brain does not produce enough of the neurotransmitter orexin, which regulates alertness as well as physiological functions. According to the researchers, orexin may have a suppressive effect on brain pulsations, which could be linked to brain clearance.

    This idea is also supported by previous observations showing that older narcolepsy patients have less harmful amyloid burden associated with Alzheimer’s disease than controls, and that drugs that inhibit orexin reduce harmful substances in the central nervous system.”

    Matti Järvelä, Doctoral Researcher, Oulu Functional Neuroimaging Research Group, University of Oulu

    Disruptions in brain clearance are believed to be associated with a range of diseases, including Alzheimer’s. The researchers suggest that it would be interesting in the future to study the effects of orexin-inhibiting drugs on brain pulsations and, through them, on brain clearance.

    Narcolepsy is a chronic neurological disorder that causes excessive daytime sleepiness and reduces quality of life, and for which there is currently no curative treatment.

    The research was funded by, among others, the Research Council of Finland, the Jane and Aatos Erkko Foundation, and the EU’s JPND programme.

    Source:

    Journal reference:

    Järvelä, M., et al. (2025). Orexin effect on physiological pulsations of the human brain. Proceedings of the National Academy of Sciences. doi.org/10.1073/pnas.2501578122

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  • Mitchell Starc announces retirement from T20 cricket | Cricket News

    Mitchell Starc announces retirement from T20 cricket | Cricket News

    The Australian bowling superstar made the shock announcement ahead of the upcoming Ashes series and T20 World Cup.

    Australia’s white-ball pace spearhead Mitchell Starc has retired from Twenty20 internationals to focus on extending his career in test and one-day cricket.

    The 35-year-old left-armer retires with 79 wickets from 65 T20Is, second on the all-time list for Australia, behind spinner Adam Zampa.

    “Test cricket is and has always been my highest priority,” he said in a Cricket Australia statement on Tuesday.

    “I have loved every minute of every T20 game I have played for Australia, particularly the 2021 World Cup, not just because we won but the incredible group and the fun along the way.

    “Looking ahead to an away Indian test tour, the Ashes and an ODI World Cup in 2027, I feel this is my best way forward to remain fresh, fit and at my best for those campaigns.

    “It also gives the bowling group time to prepare for the T20 World Cup in the matches leading into that tournament.”

    Starc was not included in Australia’s T20I squad, released on Tuesday, for the upcoming series against New Zealand.

    Chair of national selectors George Bailey and Cricket Australia boss Todd Greenberg paid tribute to Starc.

    “Mitch should be incredibly proud of his T20 career for Australia,” said Bailey.

    “He was an integral member of the 2021 World Cup-winning side and, as across all his cricket, had a great skill for blowing games open with his wicket-taking ability.

    “We will acknowledge and celebrate his T20 career at the right time, but pleasingly, he remains focused on continuing to play test and ODI cricket for a long as possible.”

    Greenberg praised Starc for making “significant sacrifices” to play for his country.

    “To allow the next crop of fast bowlers a clear path to the T20 World Cup early next year is another example of putting team first,” he said.

    Starc will turn his attention to the upcoming Ashes test series against England, beginning on November 21 in Brisbane, Australia [File: Jason McCawley/Cricket Australia via Getty Images]

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  • Japan’s 100m U18 world record-holder Shimizu Sorato picked for World Athletics Championships

    Japan’s 100m U18 world record-holder Shimizu Sorato picked for World Athletics Championships

    Under-18 100m world record-holder Shimizu Sorato has made Japan’s squad for the upcoming World Athletics Championships in Tokyo.

    The 16-year-old Shimizu, who clocked 10.00 in July at a domestic high school meet, was one of eight selected on Tuesday (2 September) for the men’s 4x100m relay team for the 13-21 September championships at Tokyo’s National Stadium.

    Japanese delegation head Yamazaki Kazuhiko admitted Shimizu, who is a second-year high school student in Ishikawa Prefecture, is still very raw but was banking on his untapped potential.

    “He ran a 10.00 as a high schooler,” Yamazaki said during the team announcement.

    “It’s very difficult for him to run at the senior level on a regular basis given the rules but we are counting on his unknown quantity which allowed him to run a 10.00.

    “We wanted to give ourselves as many option as possible.

    The seven others picked were: Kiryu Yoshihide, Mori Yuhi, Abdul Hakim Sani Brown, Okami Naoki, Inoue Naoki, Koike Yuki and two-time Asian champion Yanagita Hiroki.

    Kiryu, Mori and Sani Brown will run the individual 100m.

    Japan are trying to reach the men’s 4x100m podium at the worlds for the first time since2019, and believe Shimizu could be the secret weapon to get them to the promised land.

    “He went out in the semi-finals at the trials but he has potential. He does not have the experience of running against world-class seniors, but we are betting on the X-factor,” Yamazaki said.

    Among the 80-strong unveiled on this morning by the Japan Association of Athletics Federations was 17-year-old women’s 800m runner Kubo Rin, the cousin of professional footballer Kubo Takefusa.

    Kubo is the national record-holder in the race. She became the first female high school athlete to make the world championships team in an individual event in 18 years.

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  • Joe Bugner, 75, British Boxing Champ Who Slugged It Out With Ali, Dies – The New York Times

    1. Joe Bugner, 75, British Boxing Champ Who Slugged It Out With Ali, Dies  The New York Times
    2. Former heavyweight Bugner, who fought Ali twice, dies at 75  Dawn
    3. Joe Bugner, the boxer who lost to Ali, Frazier… and several times against Bud Spencer, dies  MARCA
    4. Joe Bugner has died  World Boxing Council
    5. Obit Joe Bugner  Martinsville Bulletin

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  • Pakistan’s Sharif to meet Chinese, Russian presidents in Beijing today amid regional cooperation push

    Pakistan’s Sharif to meet Chinese, Russian presidents in Beijing today amid regional cooperation push


    ISLAMABAD: As torrential monsoon rains inundate villages and farmlands across Punjab, Pakistan’s most populous province, an army of volunteers from national and international charities is racing against rising waters to pull stranded families to safety, deliver food to marooned communities and erect makeshift shelters for the hundreds of thousands uprooted by the floods.


    Punjab, the country’s most populous and breadbasket province, has been facing a flood-emergency, fueled by above-normal rains and India’s release of excess water, which has affected more than 2.4 million people and killed 41 people in the last 10 days, according to the provincial disaster management authority (PDMA).


    Floodwaters have submerged more than 3,100 villages, forcing authorities and charity organizations to relocate over 900,000 people and around 600,000 livestock to safety. Nationwide, rains, floods and landslides have killed at least 863 people since June 26 when the monsoon season first began.


    The Al-Khidmat Foundation (AKF), one of the largest Pakistani charitable organizations, says it has sent 10,000 volunteers, along with motorboats and necessary logistics, to flood-affected areas in Punjab, where they have been rescuing marooned communities and livestock and taking care of them at temporary shelters.


    “In Ganda Singh Wala, we have rescued and relocated around 30,000 people and 76,000 livestock to safe places,” AKF President Ikram-ul-Haq Subhani told Arab News, adding that these people were being provided with cooked food, clothes and other basic necessities.


    “An AKF fleet of 40 ambulances is providing services in the affected districts of Punjab, along with three mobile health units and several medical camps.”


    Last week’s deluges have submerged vast swathes of farmland and washed away homes that could run into billions of rupees, though proper estimates would only come during the rehabilitation process as the focus right now remains on rescue and relief, according to the AKF president.


    “So far, we have spent more than Rs250 million ($889,680) but would need more especially in the rehabilitation phase,” said Subhani, whose organization has around 76,000 registered volunteers, of which, 6,000 are trained in rescue activities and leading teams in Punjab’s flooded areas.


    Evacuations are also taking place in Punjab’s far-off regions that border the Sindh province in the south, where authorities have warned of a possible “super flood” in the Indus river if water levels top 900,000 cubic feet per second.


    Weather authorities have forecast more rain this week in parts of Punjab and the federal capital of Islamabad where a downpour inundated several neighborhoods on Monday, leaving roads under water and vehicles stranded. Officials say the flood situation may aggravate if the showers continued.


    Raza Narejo, country director of the UK-based Islamic Relief humanitarian organization, said the floodwaters were now moving toward southern Punjab, where the scale and magnitude of devastation is expected to be “significant.”


    “So, keeping these anticipations and estimations in view, we have so far just figured out £15 million ($20.31 million) response in Punjab, but it can be drastically changed,” he told Arab News.


    Narejo said Islamic Relief aims to reach more than 300,000 individuals and over 30,000 families in the immediate phase, but the numbers may go up as the situation unfolds.


    “We are making sure that immediate needs, particularly in terms of water and cooked food, should be taken care of and we are further focusing upon, since they have been displaced, that how we can take care of their hygiene needs and how we can take care of their non-food items,” he said.


    “We are looking at £5 million ($6.77 million) life-saving response and £10 million ($13.54 million) recovery, rehabilitation response, and the amount which we have spent so far that is £700,000 ($0.95 million).”


    Once the floodwaters recede, Narejo said, Islamic Relief will conduct another assessment to determine the damages to crops, land, and properties, and it will plan for the recovery and rehabilitation needs of the affected people accordingly.


    Syed Muhammad Owais, a spokesperson in Pakistan of another UK-based charity Muslim Hands, said his organization has stepped up its humanitarian response in Punjab’s Wazirabad, Multan and Sialkot districts, following relief work in the northwestern Buner district where cloudburst-induced floods killed dozens last month.


    “Muslim Hands relief teams are on the ground, distributing hot meals and dry food packs to ensure that vulnerable communities do not go hungry,” he told Arab News.


    Owais said the humanitarian organization was working in close coordination with national and provincial disaster authorities and district administrations to reach out to the most-affected villages.


    “Medical aid has also been provided to those suffering from injuries and waterborne diseases, offering timely treatment in areas where health care access has been disrupted,” he said, adding that continuing rains created challenges in reaching remote areas but their coordination with authorities helped them overcome this issue.


    Alongside local and international charities, United Nations (UN) agencies like UN Women have also stepped in to help affected people, focusing on the wellbeing of displaced women in the hardest-hit communities.


    “Firstly, regarding the ongoing activities in the flood-affected areas, UN Women, as the Chair of the Gender Task Force, is actively collaborating with the NDMA (National Disaster Management Authority) and their provincial counterparts to ensure that gender issues are regularly integrated into current flood preparedness and response efforts,” Erum Fareed, a communication officer at UN Women in Pakistan, told Arab News.


    “UN Women is applying a Humanitarian-Peace-Development (HPD) nexus approach in its programming to enhance women’s resilience and leadership in crisis situations,” she said. “Currently, UN Women aims to reach around 6,500 flood-affected individuals addressing the prioritized needs of women and girls.”


    Dr. José Ignacio Martín Galán, head of communications at the World Health Organization (WHO) in Pakistan, said their teams were continuing to support federal and provincial authorities in meeting health needs and saving lives in response to climate-driven floods across the country.


    “As part of the Monsoon Contingency Plan 2025, WHO has supported Pakistan and partners to prepare the provision of emergency health assistance to 1.3 million vulnerable people across 33 priority districts when necessary,” he told Arab News, added the organization was focusing on the most affected areas and the 89 health facilities damaged during these floods.


    Last week, a spokesperson for UN secretary-general Antonio Guterres also confirmed the release of $600,000 in emergency relief funds for Pakistan after devastating floods.


    Monsoon season brings Pakistan up to 80 percent of its annual rainfall, but increasingly erratic and extreme weather patterns are turning the annual rains, which are vital for agriculture, food security and the livelihoods of millions of farmers, into a destructive force.


    In May, at least 32 people were killed in severe storms, while a third of the country was submerged by devastating floods in 2022 that killed more than 1,700 people, affected over 30 million and caused an estimated $35 billion in damages.

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