24 Feared Dead In Suspected Arson Attack at Japan Animation Company

Agencies
July 18, 2019

Tokyo, Jul 18: A suspected arson attack on an animation production company in Japan killed 24 people and injured dozens more on Thursday, with flames gutting the building in the city of Kyoto.

Police said the fierce blaze appeared to have been started deliberately but there was no immediate information on a possible motive.

The toll continued to climb hours after the fire began, with fire department officials saying bodies were being discovered as they searched the ravaged building.

A fire department official told news agency that at least 11 more people had been found "in cardio-respiratory arrest," a term used in Japan to signify a victim's death before it is officially certified.

The discoveries, on the building's second floor and a stairwell leading to the roof, raised the toll to at least 24 dead.

Officials said 35 people had also been injured in the fire, 10 of whom were in serious condition, and local media said around 70 people were believed to have been in the building when the fire started.

Footage of the blaze showed thick white smoke pouring from the windows of the three-storey building. Its facade was charred black on much of one side where the flames had shot out of the windows.

"Drop dead"

The fire department said it began receiving calls around 10:35 am (0135 GMT) about the fire at the studio belonging to Kyoto Animation.

"Callers reported having heard a loud explosion from the first floor of Kyoto Animation and seeing smoke," a fire department spokesman said.

Police said they were still investigating the cause of the fire but it was a suspected arson attack.

"A man threw a liquid and set fire to it," a Kyoto prefectural police spokesman told AFP.

Public broadcaster NHK reported that a man had been detained in connection with the blaze and was later taken to hospital for treatment.

It reported that the suspect had poured a gasoline-like substance around the building and said "drop dead" as he set fire to it.

"Raging" flames

Witnesses described a powerful blaze.

"I heard two loud bangs, they sounded like explosions," a man told NHK.

"The fire was raging hard. I saw red flames flaring."

A woman living nearby told Kyodo news agency she had seen at least one injured person outside the building.

"A person with singed hair was lying down and there were bloody footprints," the 59-year-old told the local news outlet.

There was no immediate statement from the studio, which produced several well-known television anime series, including "The Melancholy of Haruhi Suzumiya" and "K-ON!"

"We are in the process of learning what happened," said a woman who answered the phone at the firm's headquarters in Uji City in the Kyoto region.

"We cannot tell you anything more," she added.

The blaze prompted an outpouring of support from those in Japan's anime industry, one of the country's best known cultural exports.

"No, I don't know what I should be thinking now," tweeted Yutaka Yamamoto, an animation director who once worked at Kyoto Animation.

"Why, why, why?"

Japan has a famously low crime rate, with violent crime very rare.

Arson is considered a serious crime and people convicted of deliberately setting fires in a country where many people still live in wooden houses can face the death penalty.

A man convicted of setting a fire that killed 16 people in Osaka in 2008 is currently on death row.

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Agencies
January 15,2020

Mumbai, Jan 15: Michael Debabrata Patra took over as Deputy Governor of the Reserve Bank of India (RBI) on Wednesday.

He was an Executive Director of India's central bank before being elevated to the post of Deputy Governor.

An RBI release said that as Deputy Governor, Patra will look after Monetary Policy Department including Forecasting and Modelling Unit (MPD/MU), Financial Markets Operations Department (FMOD), Financial Markets Regulation Department.

He will also look after Market Intelligence (FMRD/MI), International Department (Intl. D), Department of Economic and Policy Research (DEPR), Department of Statistics and Information Management (including Data and Information Management Unit) (DSIM/DIMU), Corporate Strategy and Budget Department (CSBD) and Financial Stability Unit.

Patra, a career central banker since 1985, has worked in various positions in the Reserve Bank of India.

As Executive Director, he was a member of the Monetary Policy Committee (MPC) of RBI, which is invested with the responsibility of monetary policy decision making in India. He will continue to be an ex-officio member of the MPC as Deputy Governor.

Prior to this, he was Principal Adviser of the Monetary Policy Department, Reserve Bank of India between July 2012 and October 2014.

He has worked in the International Monetary Fund (IMF) as Senior Adviser to Executive Director (India) during December 2008 to June 2012, when he actively engaged in the work of the IMF's Executive Board through the period of the global financial crisis and the ongoing Euro area sovereign debt crisis.

The release said that his book "The Global Economic Crisis through an Indian Looking Glass" vividly captures this experience.

He has also published papers in the areas of inflation, monetary policy, international trade and finance, including exchange rates and the balance of payments.

A fellow of the Harvard University where he undertook post-doctoral research in the area of financial stability, he has a PhD in Economics from the Indian Institute of Technology, Mumbai.

He will hold the post for three years or until further orders. The post fell vacant after Viral Acharya resigned on July 23 last year.

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News Network
January 30,2020

Wayanad, Jan 30: Congress leader Rahul Gandhi on Thursday compared Mahatma Gandhi assassin Nathuram Godse with Prime Minister Narendra Modi, saying both believed in the same ideology.

Gandhi, at an anti-CAA rally here, launched a scathing attack on Modi and said he was making Indians to prove that they are Indians.

Addressing participants at "Save the Constitution" march at Kalpetta in Wayanad, his Lok Sabha constituency on Martyr's Day, Gandhi said there was no difference between Godse and Modi.

"Today, an ignorant man is trying to challenge Gandhi's ideology. He is creating an atmosphere of hatred. The ideology is same. Nathuram Godse and Narendra Modi, they believe in the same ideology. There is no difference except that Modi does not have the guts to say he believes in the ideology of Godse," the Wayanad MP said.

Attacking the Prime Minister on the new Citizenship Law, Gandhi questioned Modi and asked who was he to ask Indians to prove that they were Indians.

"Indians are being made to prove that they are Indians. Who is Narendra Modi to decide who is an Indian. Who gave Modi the licence to ask for my Indianness? I know I am an Indian and I don't have to prove it to anyone. Likewise, 1.4 billion Indians do not have to prove that they are Indians," he said.

The Congress leader led the march here as part of efforts to intensify the party's protests against CAA in the state.

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coastaldigest.com web desk
June 27,2020

New Delhi, June 27: The Prime Minister Narendra Modi-led union government of India is not ready to stop all imports from aggressive China in spite of mount calls to boycott Chinese products in India.

The Centre is reportedly considering to stop only non-essential imports from the neighbouring country.

However, the Inward shipment in sectors such as automobiles, pharmaceuticals, certain electronics and others will continue until a domestic alternative is found.

“India will gradually move towards import substitution. It will not happen overnight. In the meantime, attention has to be paid on production and job creation. We cannot throttle our industry. There are certain absolutely essential imports. Needless to say, those will keep going,” official sources said.

Sources said that both the government and the industry are in the process of identifying products that can be domestically manufactured in the medium term. There are certain chemicals, automotive components, handicrafts, cosmetics, agriculture items and certain consumer electronics, which can be manufactured domestically in the short to medium term. The government is doing all it can to raise the capacity of domestic industries.

However, there are certain other imports in the automobile and the pharmaceutical sectors which cannot be done away within the short to medium term. Their domestic production at the moment may not be that cost-effective.

The six-crore strong traders’ body CAIT has been at the forefront of such a demand and has launched a campaign to celebrate Indian Diwali this year with a total absence of Chinese goods.

“Ease of doing business, capital availability at lower rates and globally competitive logistics and energy costs are some of the prerequisites that the government should look into to ensure the growth of the domestic auto component industry,” according to Automotive Component Manufacturers Association of India (ACMA) Director General Vinnie Mehta.

Maruti Suzuki Chairman R C Bhargava said, “People who are boycotting Chinese goods have to remember that in some cases it may lead to their being asked to pay more for the same product."

Meanwhile, domestic rating agency Acuite Ratings & Research has analysed the current import portfolio from China and found 40 sub-sectors have the potential to lower their import dependency on China. These sectors contribute to $33.6 billion worth of imports from China and about 25% of these imports can be substituted by local manufacturing without any significant additional investments.

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