36 killed as explosions rock Istanbul airport

June 29, 2016

Istanbul, Jun 29: Three suicide bombers opened fire then blew themselves up in Istanbul's main international airport on Tuesday, killing 36 people and wounding close to 150 in what Turkey's prime minister said appeared to have been an attack by Islamic State militants.

Istanbul

One attacker opened fire in the departures hall with an automatic rifle, sending passengers diving for cover and trying to flee, before all three blew themselves up in or around the arrivals hall a floor below, witnesses and officials said.

The attack on Europe's third-busiest airport is one of the deadliest in a series of suicide bombings in Turkey, which is struggling to contain the spillover from neighboring Syria's civil war and battling an insurgency by Kurdish militants in its southeast.

Police fired shots to try to stop two of the attackers just before they reached a security checkpoint at the arrivals hall, but they detonated their explosives, a Turkish official said.

"It became clear with this incident again that terrorism is a global threat. This attack, targeting innocent people is a vile, planned terrorist act," Prime Minister Binali Yildirim told reporters at the airport.

"There is initial evidence that each of the three suicide bombers blew themselves up after opening fire," he said, adding that they had come to the airport by taxi and that preliminary findings pointed to Islamic State responsibility. The vast majority of those killed were Turkish nationals but foreigners were also among the dead, the official said.

"There was a huge explosion, extremely loud. The roof came down. Inside the airport it is terrible, you can't recognize it, the damage is big," said Ali Tekin, who was at the arrivals hall waiting for a guest when the attack took place. A woman named Duygu, who was at passport control having just arrived from Germany, said she threw herself onto the floor with the sound of the explosion. Several witnesses also reported hearing gunfire shortly before the attacks.

"Everyone started running away. Everywhere was covered with blood and body parts. I saw bullet holes on the doors," she said outside the airport. Almost seven hours after the attack, which started around 9:50 p.m., no group had claimed responsibility.

The attack bore similarities to a suicide bombing by Islamic State militants at Brussels airport in March which killed 16 people. A coordinated attack also targeted a rush-hour metro train, killing a further 16 people in the Belgian capital.

"FIRING AT ANYONE"

Paul Roos, 77, described seeing one of the attackers "randomly shooting" in the departures hall.

"He was just firing at anyone coming in front of him. He was wearing all black. His face was not masked. I was 50 meters (55 yards) away from him," said Roos, a South African returning to Cape Town with his wife after a holiday in southern Turkey.

"We ducked behind a counter but I stood up and watched him. Two explosions went off shortly after one another. By that time he had stopped shooting," Roos told Reuters.

"He turned around and started coming toward us. He was holding his gun inside his jacket. He looked around anxiously to see if anyone was going to stop him and then went down the escalator ... We heard some more gunfire and then another explosion, and then it was over." President Tayyip Erdogan said the attack should serve as a turning point in the global fight against militant groups.

"The attack, which took place during the holy month of Ramadan, shows that terrorism strikes with no regard for faith and values," he said in a statement.

"The bombs that exploded in Istanbul today could have gone off at any airport in any city around the world," he said, urging all governments to join forces against terrorism. The United States said it stood in solidarity with Turkey, its NATO ally, and that such attacks would only reinforce their joint determination. United Nations Secretary-General Ban Ki-moon stressed the need to intensify global efforts to combat extremism.

Ataturk is Turkey's largest airport and a major transport hub for travelers from around the world. Pictures posted on social media from the site showed wounded people lying on the ground inside and outside the international terminal.

A helicopter buzzed overhead as police evacuated the building. Dozens of passengers walked back down access roads with their luggage, trying to hail cabs. The U.S. embassy urged U.S citizens to avoid the area.

Authorities halted the takeoff of scheduled flights from the airport and passengers were transferred to hotels, a Turkish Airlines official said. Earlier an airport official said some flights to the airport had been diverted, although Yildirim said air traffic had later resumed.

In the United States, the Port Authority of New York and New Jersey reacted to the explosions by putting armed, high-visibility patrols at the three main airports in the New York metropolitan region.

Turkey has suffered a spate of bombings this year, including two suicide attacks in tourist areas of Istanbul blamed on Islamic State, and two car bombings in the capital, Ankara, which were claimed by a Kurdish militant group. In the most recent attack, a car bomb ripped through a police bus in central Istanbul during the morning rush hour, killing 11 people and wounding 36 near the main tourist district, a major university and the mayor's office.

Turkey, which is part of the U.S.-led coalition against Islamic State, is also fighting Kurdish militants in its largely Kurdish southeast. One person was killed on Dec. 23, 2015, when an explosion hit Istanbul's second airport, Sabiha Gokcen, located on the Asian side of the city. That attack was claimed by a Kurdish militant group.

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Rjan panday
 - 
Wednesday, 29 Jun 2016

ISIS is the baby of isreal no doubt...........they are trying to give bad name to islam.. isreal and jews the master mind of ISIS. RSS and ISIS are one coin two face.....

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News Network
January 31,2020

Wuhan, Jan 31: The World Health Organization declared a global emergency over the new coronavirus, as China reported Friday the death toll had climbed to 213 with nearly 10,000 infections.

The UN health agency based in Geneva had initially downplayed the threat posed by the disease, but revised its risk assessment after crisis talks.

suspended or reduced service to China include British Airways, German flag carrier Lufthansa, American Airlines, KLM and United.

Chinese efforts to halt the virus have included the suspension of classes nationwide and an extension of the Lunar New Year holiday.

All football matches across the country also will be postponed, the Chinese Football Association said on Thursday, including games in the top-tier Chinese Super League.

World stock markets tumbled again Thursday on fears that trouble in the "world's factory" would upset global supply chains and dent profits.

Toyota, IKEA, Starbucks, Tesla, McDonald's and tech giant Foxconn were among the corporate giants temporarily freezing production or closing large numbers of outlets in China.

Volkswagen announced Thursday its China joint-venture plants would not start production again before February 9.

US Federal Reserve Chairman Jerome Powell said the coronavirus posed a fresh risk to the world economy.

Throughout China, signs of paranoia multiplied, with residents of some Beijing residential compounds erecting makeshift barriers to their premises.

In one of many similar photos posted online, a man wearing a surgical mask and brandishing a traditional martial arts weapon squatted on a barricade outside a Chinese village, near a sign saying: "Outsiders forbidden from entering".

The crisis has caused food prices to spike, and the central government on Thursday blamed this partly on overzealous preventive measures, issuing a directive banning any roadblocks or other hindrances to food shipments.

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News Network
February 1,2020

Washington, Feb 1: The Indian economy experienced some abrupt slowdown in 2019 due to turbulence in non-banking financial institutions and major reform measures such as GST and demonetisation, but it is not in a recession, IMF Managing Director Kristalina Georgieva has said.

"The Indian economy indeed has experienced an abrupt slowdown in 2019. We had to revise our growth projections, downwards to four percent for last year. We are expecting 5.8 per cent (growth rate) in 2020 and then an upward trajectory to 6.5 percent in 2021," Georgieva told a group of foreign journalists here on Friday.

"It appears that the main reason for this slowdown was the non-banking financial institutions experiencing a turbulence," she said on the eve of Union Finance Minister Nirmala Sitharaman presenting the annual budget in Parliament on Saturday.

She said India had undertaken some important reforms that over the longer term would be beneficial for the country, but they do have some short-term impact.

"For example, coming with the unified tax system, and the demonetisation that took place. These are steps that over time are beneficial, but of course they might, might be somewhat disruptive over short term," Georgieva said in response to a question.

The International Monetary Fund (IMF) Managing Director said that there is not a lot of fiscal space in India. “But we also recognise that the policies of the government on that side, on the fiscal side have been prudent. We will see how the reading of the budget, the submission of the budget goes, tomorrow,” she said.

In the medium-term, she said, the IMF remains optimistic about India. “This is why we see that upswing potential for the growth in the country,” she said.

Georgieva said that the current economic slowdown cannot be described as a recession. "No.... You're far from that. But it is a significant slowdown, not the recession," she said.

The IMF managing Director noted that the consumption in India also slowed down and that contributed to the overall slowdown in the economy. The IMF would be keen to see what India does to get relatively sound macroeconomic fundamentals to pay off in terms of better growth trajectory, she said ahead of the budget.

One thing that is important for India is that budgetary revenue have been below target. "The country knows that. The finance minister knows it. They need to increase budgetary revenue collection so they can improve their fiscal position. I said it's tight on the spending side, but I also want to stress that there is room to improve collection on the revenue side," she said.

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Agencies
June 16,2020

India continues to remain ranked 43rd on an annual World Competitiveness Index compiled by Institute for Management Development (IMD) with some traditional weaknesses like poor infrastructure and insufficient education investment keeping its ranking low, the international business school said on Tuesday.

Singapore has retained its top position on the 63-nation list.

Denmark has moved up to the second position (from 8th last year), Switzerland has gained one place to rank 3rd, the Netherlands has retained its 4th place and Hong Kong has slipped to the fifth place (from 2nd in 2019).

The US has moved down to 10th place (from 3rd last year), while China has also slipped from 14th to 20th place. Among the BRICS nations, India is ranked second after China, followed by Russia (50th), Brazil (56th) and South Africa (59th).

India was ranked 41st on the IMD World Competitiveness Ranking, being produced by the business school based in Switzerland and Singapore every year since 1989, but had slipped to 45th in 2017 before improving to 44th in 2018 and then to 43rd in 2019.

While its overall position has remained unchanged in the 2020 list, it has recorded improvements in areas like long-term employment growth, current account balance, high-tech exports, foreign currency reserves, public expenditure on education, political stability and overall productivity, the IMD said.

However, it has moved down in areas like exchange rate stability, real GDP growth, competition legislation and taxes.

Arturo Bris, Head of Competitiveness Center at IMD Business School, said India continues to struggle on the list and the recent country rating downgrade by Moody’s reflects the uncertainties regarding the economy’s future.

"In our ranking this year, we again emphasize the traditional weaknesses of India -- poor infrastructure, an important deficit in education investment, and a health system that does not reach everybody. For India to follow the path of China, it must stress its intangible infrastructure," Bris said.

"In a less global world, with China, USA, and Europe looking inwards, currencies like the rupee (and the Brazilian real for instance) are going to suffer and display high volatilities.

"Moody’s has threatened the country with a downgrade to junk and that would put India in a terrible position to attract foreign capital. So the urgency for the government should be to fix the short-term problems—and this requires to improve the credibility of the government itself," Bris added.

With the exception of Singapore, the Philippines, Taiwan and the Korean Republic, most Asian economies dropped in rankings this year, the IMD said.

The reason for the Asian economies’ less stellar performance as a region, this year is partly the result of the trade frictions between China and the US, particularly because these economies are highly dependent on trade with China.

About Singapore, which moved to the top rank last year, the IMD said its position is largely driven by the relative ease of setting up business, availability of skilled labour and its cutting-edge technological infrastructure.

The IMD said the impact of COVID-19 on the competitiveness ranking has partially been captured by executives’ opinions about the effectiveness of the different health systems.

In the ASEAN countries included in the survey, only Singapore and Thailand have a positive performance in the effectiveness of the health infrastructure.

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