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Yunus sworn in as interim Bangladesh leader

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Nobel laureate Muhammad Yunus has been sworn in as Bangladesh’s interim leader, vowing to “uphold, support and protect the constitution”.

The 84-year-old took an oath at the presidential palace in Dhaka along with more than a dozen members of his new cabinet, vowing to perform his duties “sincerely”.

He flew into the capital, Dhaka, just days after Sheikh Hasina – the woman who ruled Bangladesh with an iron fist for 15 years – fled across the border to India.

Ms Hasina resigned as prime minister after weeks of student-led protests – which left hundreds dead – escalated and culminated in calls for her to stand down.

The decision to name Prof Yunus as chief adviser of the interim government followed a meeting between President Mohammed Shahabuddin, military leaders and student leaders.

The students had been clear they would not accept a military-led government, but wanted Prof Yunus to lead.

Among his new cabinet are Nahid Islam and Asif Mahmud, students who led the anti-government protests.

The hope is Prof Yunus, the so-called banker for the poor, will bring democracy back to Bangladesh after years of autocratic rule.

“People are excited,” the entrepreneur and economist told the BBC moments after arriving in Dhaka from France on Thursday.

He later told reporters that Bangladesh “has got a second independence” as he called for the restoration of law and order in the nation of 170 million people.

Following Prof Yunus’s swearing in, Indian Prime Minister Narendra Modi offered his “best wishes”, writing on X/Twitter that his government was “committed” to working with its neighbour for “peace, security and development”.

Prof Yunus paid tribute to those who died, saying they had “protected the nation” and given it “new life” after Ms Hasina’s rule.

She had begun that rule as a symbol of democracy but, by the time she fled, she was considered an autocrat who had sought to entrench her authority by silencing dissent.

Prisons were filled with people who sought to speak out against her. Prof Yunus – lauded for his pioneering use of micro-loans – was one of those who found themselves in legal trouble during her tenure.

Ms Hasina regarded him as a public enemy – he is currently on bail, appealing against a six-month jail term in what he has called a politically-motivated case.

Speaking on Thursday, he called on the country’s young people to help him rebuild the South Asian country.

“Bangladesh can be a beautiful country, but we destroyed the possibilities,” he said.

“Now we have to build a seedbed again – the new seedbed will be built by them,” he added, gesticulating towards the students who had arrived to greet him.

His ascension as Bangladesh’s interim leader follows weeks of turmoil.

More than 400 people are reported to have died after protests seeking to abolish a quota system for civil service jobs began in July.

A third of these jobs are reserved for relatives of veterans from Bangladesh’s war of independence from Pakistan, which took place in 1971. Campaigners argued the system was discriminatory and needed to be overhauled.

Though this demand was largely met after the Supreme Court backed the students’ demands and vastly reduced the scale of the quota system, the protests then transformed into a wider anti-government movement fuelled by crackdowns.

Bangladeshi media and demonstrators blamed police for the spiralling death toll. Officials maintained that officers only ever opened fire out of self-defence or to protect state property.

Students and their supporters had planned to march on the prime minister’s residence on Monday.

But before the march could get properly moving, the news came that Sheikh Hasina had fled Bangladesh and resigned as prime minister. She is currently in Delhi.

(BBC)



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Foreign News

Ex-White House teleprompter operator ordered to pay $172,000 for Trump speech bets

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The staffer was found to have made tens of thousands of dollars through betting on what the president would say in his speeches (BBC)

A former White House teleprompter operator has been ordered to pay more than $172,000 (£127,000) for using inside information to bet on US President Donald Trump’s speeches.

Gabriel Perez was found to have made trades on what the president would say during addresses between December 2025 and February 2026 on Kalshi – a prediction markets platform where users can bet on real-world events.

Its regulator, the Commodity Futures Trading Commission (CFTC), said Perez would have to surrender profits of $107,539.02 (£79,452) and pay a civil penalty of $65,000 (£48,000).

The White House has not yet commented. In July then press secretary Karoline Leavitt said  Perez was on unpaid leave and would not return to his post.

Announcing the settlement on Friday, the CFTC said Perez had “misappropriated” his prior knowledge of Trump’s speeches to place bets “in breach of his duty of trust and confidence”.

It said his civil penalty had been reduced due to his “exemplary co-operation” with the investigation.

Perez has also been banned from trading for three years.

Writing on X, Kalshi’s lead lawyer Bobby DeNault welcomed the decision: “It doesn’t matter who you are: violate our rules or federal law and you will face the consequences.”

(BBC)

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Iran, Qatar hold Hormuz talks amid int’l hopes dialogue with US will resume

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Qatar's Prime Minister and Foreign Minister Sheikh Mohammed bin Abdulrahman bin Jassim Al Thani (centre-left) and his delegation meet Iran's Foreign Minister Abbas Araghchi (centre-right) in Tehran on August 27, 2026

Qatar’s prime minister has held meetings in the Iranian capital, discussing key issues including the future of the Strait of Hormuz, amid international hopes that dialogue between the United States and Iran on ending the war will resume.

Iran’s Foreign Minister Abbas Araghchi and Qatar’s Sheikh Mohammed bin Abdulrahman bin Jassim Al Thani on Thursday discussed a proposed framework that includes the creation of a temporary shipping corridor through the Strait of Hormuz, as well as a possible “joint project” to clear the strait of mines, the Qatari Ministry of Foreign Affairs said in a statement. Iran says the mines were laid during the war.

The two officials also reviewed “the latest developments in the regional situation … along with the efforts being made to reduce escalation and create appropriate conditions for dialogue, contributing to the enhancement of regional security and stability”, the statement added.

Sheikh Mohammed, who is both prime minister and foreign minister of Qatar, later met separately with Iranian President Masoud Pezeshkian and parliament speaker and top negotiator, Mohammad Bagher Ghalibaf.

Ghalibaf emphasised the need to de-escalate regional tensions, according to Iran’s Tasnim news agency. He and Sheikh Mohammed also exchanged views on the current developments in the region and efforts to create suitable conditions for resuming dialogue, the report added.

“Qatar believes that dialogue and diplomatic solutions remain the optimal path for addressing disputes and overcoming crises,” Sheikh Mohammed said in a post on X, adding that his discussions in Tehran serve as “confirmation of our continued efforts to de-escalate tensions … while opening the door to peaceful solutions – including underscoring the importance of respecting freedom of navigation in the Strait of Hormuz in accordance with international law.”

Sheikh Mohammed also met with Iran’s security chief, Mohsen Rezai.

Rezai told him the “US must first take practical steps to fulfil Iran’s conditions and then Iran will proceed to open the Strait of Hormuz”, the Islamic Republic News Agency (IRNA) reported.

Rezai also reiterated previous pledges by Tehran that if Washington “starts any evil”, Iran would “bring disaster to its military and economic interests”.

Sheikh Mohamed’s visit follows a week of intense diplomacy in Iran involving separate meetings with Oman’s Foreign Minister Badr Albusaidi and senior Pakistani officials seeking ways to end the US-Israel war on Iran and reopen the strategic waterway through which about 20 percent of the world’s oil passes in peacetime.

[Aljazeera]

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At least eight killed, hundreds missing after Nepal flash flood

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Residents watch a torrent of muddy water surge through a river after flash floods in Nepal [Aljazeera]

Nepal sent helicopters to the rescue after a huge flash ⁠flood swept away villages, killing at least eight people and damaging roads, bridges and power projects in areas near Tibet, authorities said.

Officials said 384 tourists, including 291 from countries including the United Kingdom, the United States, India and Malaysia were reported missing as a result of the flash flood on Wednesday.

The waters were too high for helicopters to land in Nepal’s affected areas of Syapru Besi and Timure in the mountainous district of Rasuwa, with a population of about 50,000, officials said.

“There could be heavy casualties or loss of property,” district administrator Narendra ‌Pariyar told the Reuters news agency. “But I cannot say for sure now.”

Pariyar urged those living on the banks of the Bhote Koshi River in the area to seek higher ground, pointing to reports that nearby villages and infrastructure project sites were washed away.

Across the border, Tibet reported “major casualties” with people missing in the neighbouring county of Gyirong after a mudslide ⁠hit a land crossing between China and Nepal, the Xinhua official news agency said.

The mudslide hit China’s Gyirong port, cutting off roads, communications and power in the Shigatse region, Xinhua added, without giving details.

President Xi Jinping urged “all-out” efforts to search ⁠for the missing, and ⁠called for strengthening monitoring and early warning systems to prevent secondary disasters.

Prayash Adhikari, a climate justice activist in Nepal, said the “devastating” flood has wiped out “whole villages”

“Hundreds of people are missing,” Adhikari told Al Jazeera from Kathmandu, stating it wiped out buildings, schools, bridges and highways.

Videos shared by Nepal Police and others on social media showed torrents of muddy water crashing through mountain valleys.

Many people were caught off guard when the flash flood hit, as there was no heavy rainfall, said Kosh Raj Koirala, an editor of Republica Daily, an English newspaper in Nepal’s capital.

“People were at home … several houses have been washed away, swept away by the river,” Koirala told Al Jazeera.

Prime Minister Balendra Shah convened an emergency meeting of the National Disaster Risk Reduction and Management Authority to take stock of the situation.

“Work has started to take necessary steps in coordination with the medical team, scouts, and Red Cross,” Shah said in a social media post.

Damaged property and flooded roads following a flash flood in Galchhi in the Dhading district, Nepal, August 26, 2026. Picture taken with a mobile phone. REUTERS/Stringer
Damaged property and flooded roads following a flash flood in Galchhi in the Dhading district, Nepal [Aljazeera]

The Nepal Army said it had deployed helicopters and disaster response personnel to the affected area.

“The work of collecting details of the damage is under way,” it said in a statement.

The Nepal Electricity Authority said about 430 megawatts of production capacity, including from hydropower and solar facilities, have been damaged.

“The disaster has damaged the production, transmission and distribution facilities of the Authority … resulting in disruption of electricity supply,” it said.

Several highways were also closed, according to the authorities.

‘Glacial lake outburst’ could be underlying cause

Climate experts at the International Centre for Integrated Mountain Development in Nepal say an avalanche from a glacier likely caused the flash flood.

The Lhende Khola River, a tributary of the Bhote Koshi River, witnessed maximum flooding on Wednesday, they said.

“The Lhende Khola has flooded twice in 14 months, this time triggered by an ice rock avalanche from a glacier on the Nepal side that blocked the river and released a sudden surge downstream,” said Saswata Sanyal, a disaster risk reduction specialist at the climate research group.

Adhikari, the climate activist, told Al Jazeera that early warning systems are crucial to protect communities.

“This can’t be completely turned around because we are on the verge of climate catastrophe, but still we can protect our communities,” he said.

The ⁠Bhote Koshi River originates in Tibet ⁠and empties into Nepal’s Trishuli River, which eventually flows into India as the Gandak River.

A flood last year in the Bhote Koshi River killed nine people, ‌with 24 missing, and washed away the “Friendship Bridge” linking Nepal and China, disrupting transport and trade for several months. That flood ‌was ‌triggered by the draining of a supraglacial lake in Tibet, a regional climate monitor said.

Monsoon rains from June to September regularly trigger deadly floods and landslides across South Asia.

Scientists say climate change is increasing the frequency and intensity of extreme weather events in the region.

Damaged houses stand precariously near the swollen, debris-choked banks of the Trishuli river after flash floods in Nepal’s Nuwakot district [Aljazeera]

[Aljazeera]

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