Nepal halts rescues over new flood threat; US eyes massive Venezuela oil deal

Rescue operations along the Nepal-China border are temporarily on hold because of a new flood threat, complicating an already desperate search as 90 Americans remain unaccounted for. Plus, the Trump administration is reportedly discussing taking a U.S. ownership stake in Venezuelan oil fields, a potentially massive deal emerging as America’s strategic petroleum reserves sit at a four-decade low. And President Donald Trump has followed through on his threat to rename Lake Ontario “Lake America,” signing an order that makes the change official for the federal government — even as Canada and New York reject it. These stories and more highlight your Unbiased Updates for Friday, Aug. 28, 2026.