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Power Shifts: From London to Kathmandu

Recap of Global Capital News

Iran

Last weekend, a tragic incident occurred in Iran where President Ebrahim Raisi and several others lost their lives in a helicopter crash. The nation mourned his loss, with a grand funeral held in Tehran and his burial in Mashhad at the shrine of Imam Reza.

United Kingdom

British Prime Minister Rishi Sunak announced a national election scheduled for July 4, inviting the country to choose its future path. Sunak highlighted his achievements and urged the public to support the Conservative government for continued economic stability.

Nepal

Prime Minister Pushpa Kumar Dahal won a vote of confidence for the fourth time, although with reduced parliamentary support. Tensions between political parties may escalate during the upcoming budget presentation in Parliament.

South Korea

South Korean President Yoon Suk Yeol and Chinese Premier Li Qiang agreed to enhance diplomatic and security dialogue, signaling a positive step in relations between Seoul and Beijing amidst regional tensions.

Syria

In a significant development, Saudi Arabia appointed a new ambassador to Syria, marking a milestone in the normalization of ties between the two nations after years of diplomatic estrangement.

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