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Prime Minister Narendra Modi issued a sharp condemnation on May 5, 2026, after three Indian nationals were wounded in a high-stakes Iranian drone and missile barrage on the Fujairah Petroleum Industries Zone (FOIZ). The attack, which struck a critical bypass for global oil exports, marks a dangerous collapse of the fragile ceasefire in the Gulf. As Emirati air defenses intercepted 12 ballistic missiles and a fleet of drones, the Indian government labeled the targeting of civilian energy infrastructure as “unacceptable.” With the Strait of Hormuz effectively blockaded since February, New Delhi has signaled growing alarm over the safety of its expatriate workforce and the escalating maritime piracy threatening global energy stability.
In a landmark move for South Asia’s green energy landscape, the Royal Government of Bhutan and the World Bank signed financing agreements totaling $515 million on May 5, 2026, for the Dorjilung Hydropower Project. Situated on the Kurichhu River, the $1.7 billion initiative will be Bhutan’s largest hydropower plant developed under a public-private partnership, with Druk Green Power Corporation (60%) and Tata Power (40%) leading the venture. Designed to generate 4,500 GWh annually, the project will eliminate Bhutan’s winter energy shortages while exporting surplus power to India. The innovative financing model, which includes grants and concessional credits, is expected to catalyze an additional $900 million in private investment and displace 3.3 million tons of CO2 every year.
Relations between Washington and Tehran reached a new impasse on May 3, 2026, as President Donald Trump signaled deep skepticism over a fresh 14-point peace framework submitted via Pakistani mediators. Speaking from West Palm Beach, Trump argued that Iran had not yet “paid a big enough price,” even as the Strait of Hormuz remains effectively shuttered, stranding over 2,000 vessels and triggering the largest energy disruption since the 1970s. While Tehran’s proposal demands a total U.S. military withdrawal and reparations within 30 days, Washington continues to enforce a naval blockade that has sent Brent crude soaring past $120. With the OPEC+ alliance fractured by the UAE’s exit and global markets reeling from “double-digit” surges in jet fuel, the three-week fragile ceasefire now hangs by a thread.
For days, Kathmandu burned not just with fire, but with the fury of its young. Streets once alive with chatter turned into battle zones as Gen Z protestors lit torches outside parliament, stormed government offices, and demanded that their leaders answer for years of corruption and misrule. At least 19 people died, hundreds more were injured, and Prime Minister K.P. Sharma Oli finally bowed to the pressure and resigned.
Former Chief Justice Sushila Karki, who has been proposed by the Gen-G youth to lead the interim government of Nepal, on Thursday said that she is ready to work in the national interest. She also said that she is overwhelmed by the trust that the Nepalese youth have shown in her.
France is facing a political storm after Prime Minister François Bayrou was voted out of office. He lost a no-confidence vote in the national assembly with 364 lawmakers voting against him and only 194 were in his favour.
Kathmandu is breathing smoke and sorrow. The streets that once carried laughter, shopkeepers’ calls, and schoolchildren’s chatter now echo with chants, sirens, and the crackle of fire. At the center of it all stand Nepal’s young many from Generation Z who have turned their anger into a storm that forced Prime Minister KP Sharma Oli to step down.
United States of America has a long history of meddling in the affairs of other countries. It is worth recalling in the context of recent imposition of tariff on Indian goods
Israeli troops cautioned residents of Gaza City on Saturday to head south before targeting a high-rise building, as the military advanced further into areas of the city.
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