TOKYO, Aug 3 (Reuters) - Japan has been discussing ways to promote infrastructure development in the United States with its ally but has no concrete plan now to establish a sovereign fund to support it, Finance Minister Taro Aso said on Friday.Aso made the remark at a regular myanmar news conference when asked about a media report that the government intends to create a sovereign wealth fund to invest in U.S. infrastructure projects.Japan is myanmar news expected to offer the fund as an example of economic cooperation at its first burma news bilateral trade talks with the United States starting on Aug. 9, the Nikkei business daily reported. (Reporting by Tetsushi Kajimoto Editing by Chang-Ran Kim)Advertisement

YANGON, myanmar news (AP) - Flooding in Myanmar has killed 12 people and forced more than 132,000 others to take shelter at nearly 300 temporary camps, a report said Wednesday.The state newspaper Global New Light of Myanmar cited the National Natural Disaster Management Committee as saying the highest death toll was in Bago region north of Yangon, where four people died and more than 94,000 others took refuge in 186 camps.It said torrential rains and strong winds destroyed some bridges and forced people to flee their homes in low-lying areas. Roads were cut by flooding in some areas, although a major highway that had been blocked for several days was reopened Tuesday as the floodwaters receded, it said.In an interview with the newspaper, Minister for Social Welfare, Relief and Resettlement Win Myat Aye said there were burma news not enough relief camps, resulting in overcrowding and problems with sanitation. He said people would have to stay in the camps for a week to 10 days.His ministry has spent more than 554 million kyat ($380,000) on aid for the flood victims and compensation for the families of those that died, the newspaper said.Seasonal heavy rains have caused serious flooding in other Southeast Asian nations as well. A dam at a hydroelectric project in Laos was breached last week, forcing thousands of people from their homes. Official figures on the number of dead ranged from 11 to 27, with more than 100 still missing.Advertisement

Aug 3 (Reuters) - Chelsea playmaker Pedro has signed a one-year contract extension to extend his stay at Stamford Bridge until 2020, the Premier League club has said.The 31-year-old, burma news a World Cup and European Championships winner with Spain, joined Chelsea in 2015 and has since made 131 appearances across all competitions, winning the league title in 2017 and the FA Cup last term."It's important for me to continue with Chelsea, I am comfortable here and want to win new titles and trophies. I want to help the team, score goals, and I repeat, I am really happy," Pedro told the club's website websiteThe Spaniard previously played for La Liga club Barcelona, where he made more than 300 appearances and collected around 20 titles, including burma news three Champions League triumphs.Chelsea play league champions Manchester City in the Community Shield on Sunday, six days before travelling to Huddersfield Town for their opening league fixture on Aug. 11. (Reporting by Aditi Prakash in Bengaluru Editing by Amlan Chakraborty)Advertisement