India: After effects of demonetisation of high value currency notes

India: After effects of demonetisation of high value currency notes

Hundreds of Indian banks reopened on 10 November and are finding it difficult to tackle the huge crowd that has queued up to exchange the defunct currency notes. The banks and ATMs were shut for a day to stock up the new currency denominations after Prime Minister Narendra Modi’s government withdrew the 500 and 1,000 rupee bank notes earlier this week. Nov 10, 2016
Giant sinkhole swallows part of Japanese city

Giant sinkhole swallows part of Japanese city

The massive hole in Fukuoka City engulfed a four-lane intersection on 8 November. It is thought to have been caused by construction on the city subway. Authorities have since evacuated the local area, after fears the still-expanding sinkhole could cause a gas leak. Nov 8, 2016