Here is a rundown of all the news you need to start your Friday, including the latest developments from the catastrophic Nepalese flash floods; US Vice President JD Vance's remarks about a reported US strike on an Iranian wedding; and an Iranian statement that any response to a future US attack will be "asymmetric" and “multi-layered.”
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The death toll from devastating flash floods in Nepal and China rose to 1,280, with more than 5,620 victims missing as search and rescue operations entered a second week.
The National Disaster Risk Reduction and Management Authority said 1,259 people had died in the country, while 5,083 are missing.
US Vice President JD Vance said that “sometimes things happen” in combat but stressed that Washington does not target civilians amid reports of a strike on an Iranian wedding party.
Vance said the US was investigating reports that an alleged American strike on a wedding celebration in Iran killed and wounded civilians. He said he had been briefed on the investigation but did not have information establishing whether US forces were responsible.
Syria announced the start of the destruction of chemical materials found under the supervision of experts from the Organization for the Prohibition of Chemical Weapons (OPCW).
Addressing the UN Security Council, Syria’s Permanent Representative Ibrahim Olabi described the operation as a historic milestone and the first destruction effort since the fall of the former regime.
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BUSINESS & ECONOMY
More than $1 billion in oil revenues entered Iran during the first 11 days of the period ending Sept. 2, the semi-official Fars News Agency reported.
It said oil-related foreign currency was added to the foreign exchange reserves during the period, citing documents reviewed by its reporter.
The US announced new sanctions targeting Cuba’s ruling elite, a state-owned bank and four entities linked to the country’s energy, metals, and mining sectors.
The US State Department said the measures are part of the Trump administration’s broader effort to curb what Washington describes as the Cuban regime’s repression and activities threatening US national security and stability in the Western Hemisphere.
Canada announced C$4.7 billion (US$3.4 billion) in manufacturing investment as it seeks to reduce its reliance on the US amid growing trade tensions between the two countries.
Prime Minister Mark Carney called the announcement a “historic investment” and said it marked another step toward strengthening domestic production.
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