Recent Earthquake Impacts Tonga and Myanmar; Economic andEnvironmental Concerns Persist

A 7.0-magnitude earthquake struck the Tonga islands with no immediate damage reported, while a significant quake in Myanmar has resulted in approximately 1,700 deaths and extensive injuries. Various other news items highlight environmental concerns, economic developments, and corporate leadership changes in the region.
On a recent occasion, a significant earthquake measuring 7.0 on the Richter scale impacted the Tonga islands, although, fortunately, there have been no immediate reports of damages. The earthquake, striking at a depth of 29 kilometers (approximately 18 miles) and located about 73 kilometers (approximately 45 miles) south-east of Pangai, has raised concerns in the surrounding areas.
In a related and tragic event, predictive modeling by the U.S. Geological Service estimated Myanmar’s death toll from a massive earthquake could exceed 10,000. Initial reports indicate that approximately 1,700 individuals have already lost their lives, with 3,400 injured and over 300 still unaccounted for as of Sunday. Local survivors in Mandalay, Myanmar’s second-largest city, resorted to digging through rubble with bare hands due to a lack of heavy machinery and support from authorities.
Additionally, claims surfaced concerning the staggering waste generated through oil extraction processes. The economic implications are noteworthy, further complicating the environmental landscape. The ongoing crisis has spurred discussions, including talks of a five-year deal worth 1.5 billion euros (approximately $1.6 billion) between Rome and SpaceX’s Starlink.
In other news, the Taste of Australia Gala Reception has resumed at the Park Hyatt Hotel in Ho Chi Minh City after being paused for two years due to the COVID-19 pandemic. Furthermore, Takeda Vietnam announced the appointment of Benjamin Ping as its General Manager, a veteran with more than two decades of experience in the pharmaceutical industry. Moreover, recent reports highlighted disputes over airport pricing, where the country’s competition watchdog deemed the operator was overcharging both airlines and passengers, while spot gold prices reached a new peak at $3,106.50 per ounce.
In summary, the recent seismic events in the Tonga islands and Myanmar have resulted in significant casualties and injuries, with ongoing efforts for rescue and recovery in affected areas. The environmental impacts of oil extraction continue to provoke concern, while regional economic developments and corporate leadership changes are also noteworthy. This situation remains dynamic, necessitating close monitoring of developments in both humanitarian and economic aspects.
Original Source: tuoitrenews.vn