The gap betweenItaly andGermany's 10 year bond yields increases by 200.2 basis points. Italy comes under intensifying pressure to sell off the public assets.(Reuters)
At least 14 people are killed and 100 others are missing after acloudburst causes severe flooding inSikkim,India.(CNN)
TheLhonak Lake bursts its banks, causing major flooding and impacting 22,000 people. It its the worst such disaster in the region in over 50 years.(Reuters)
Large parts of theTeesta Dam have been washed away, with multiple large bridges also being destroyed.(NOS)
