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Indonesia volcanic eruption kills 14, hundreds flee
At least 14 people have been killed by the eruption of Indonesia’s Semeru volcano, according to the disaster mitigation agency.
Semeru threw up towers of ash and hot clouds that blanketed nearby villages in East Java.
The eruption severed a strategic bridge connecting the nearby district of Lumajang with the city of Malang.
Hundreds of buildings were damaged or destroyed.
BNPB official Abdul Muhari said 14 people had been killed. Ninety-eight were injured, including two pregnant women, and 1300 have been evacuated.
Other obstacles include heavy rocks and hot volcanic sediment that is limiting movement.
Emergency service footage from one village on Sunday showed a desolate scene, with roofs of houses protruding from the coat of mud that had destroyed them.
Local residents report rescue efforts are “very dire” because of the severed bridge and volunteers lacking experience.
BNPB will rebuild the wrecked homes, and heavy equipment, including excavators and bulldozers, is being deployed, its chief said.
Indonesia President Joko Widodo has ordered authorities to find and treat victims.
Semeru started emitting hot clouds and lava flows near its rivers recently, and the country’s volcanology centre warned people not to go near it.
Indonesia’s transportation ministry says the eruption caused no disruption ton flights, though pilots have been alerted to watch out for the ash fall.
Semeru is more than 3,600 metres high, is one of Indonesia’s nearly 130 active volcanoes.
Indonesia straddles the “Pacific Ring of Fire”, a highly seismically active zone, where different plates on the earth’s crust meet and create a large number of earthquakes and volcanoes.
News
Senate clears Epstein files release despite White House push
Senate upholds vote to release Epstein files despite White House delay attempt; Trump signals intent to sign bill.
Senate upholds vote to release Epstein files despite White House delay attempt; Trump signals intent to sign bill.
The White House tried to delay a vote on the release of Justice Department files connected to Jeffrey Epstein, even as former President Trump insisted there was nothing to hide.
Despite this, the Senate approved the measure exactly as it passed the House, ignoring amendments proposed by Trump’s aides. This move clears the path for the files to be made public in full.
Trump has indicated he intends to sign the bill, marking a significant shift after the White House’s attempt to block or delay the vote proved unsuccessful. The decision could have wide-reaching implications for transparency and ongoing investigations.
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Nvidia earnings shake tech stocks as ASX heads into Christmas
Nvidia’s earnings spark sharp market reactions, prompting investor concerns for tech stocks and volatility ahead of year-end trading.
Nvidia’s earnings spark sharp market reactions, prompting investor concerns for tech stocks and volatility ahead of year-end trading.
Markets are reacting sharply to Nvidia’s latest earnings, leaving investors questioning the future of tech stocks. Analysts are closely watching whether the results meet expectations and what it could mean for the broader market.
Joining us is David Scutt from StoneX to break down Nvidia’s post-earnings performance and its ripple effects across US and global equities. Investors are keeping a keen eye on how this could set the tone for year-end trading.
With Christmas approaching, the ASX faces a pivotal day as global risk sentiment shifts. Traders are positioning themselves for potential volatility, making it critical to understand the signals coming out of major tech earnings.
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#NvidiaEarnings #TechStocks #StockMarket #ASX #GlobalMarkets #Investing #MarketUpdate #TickerNews
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Tech stocks on edge ahead of Nvidia
Nvidia’s earnings report could impact tech sector trends, prompting analysis of profit-taking versus deeper market concerns.
Nvidia’s earnings report could impact tech sector trends, prompting analysis of profit-taking versus deeper market concerns.
With Nvidia’s crucial earnings on deck, expectations are sky-high and the outcome could set the tone for the entire tech sector.
Chris Weston from Pepperstone breaks down whether this rotation signals simple profit-taking or deeper market concerns.
#TechStocks #Nvidia #Markets #Investing #FinanceNews
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