94 killed, mostly women and children, after ferry capsizes in Tigris river

Agencies
March 22, 2019

Mosul, Mar 22: Almost 100 people, mostly women and children, died Thursday as a ferry packed with families celebrating Kurdish New Year sank in a swollen river in the former Daesh stronghold of Mosul, in Iraq’s worst accident in years.

There was an outpouring of grief among residents who only this year resumed the annual festivities on the banks of the Tigris after the northern city’s recapture from the Daesh group.

Prime Minister Adel Abdel Mahdi decreed three days of national mourning as he visited the site of the tragedy. He ordered a swift investigation “to determine responsibilities.”

The vessel was crammed with men, women and children crossing the Tigris to go to a popular picnic area to celebrate Nowruz, the Kurdish New Year and a holiday across Iraq marking the start of spring.

The accident, which struck as the overloaded vessel turned back, also coincided with Mother’s Day in Iraq.

The interior ministry, issuing a fresh toll, said 94 people had died and 55 were rescued, after its spokesman Saad Maan said at least 19 children were among the dead.

The premier said 61 women had died in the accident.

While war and extremist attacks have claimed hundreds of thousands of lives in Iraq in recent years, such accidents are relatively rare.

“It’s a disaster, no one expected that,” said a young man who had just managed to reach the shore.

“There were a lot of people on the boat, especially women and children,” he told AFP.

A Mosul security source said the high water levels and overcrowding on the boat, with well over 100 people on board, had been to blame for the disaster.

“The boat sank because there were too many passengers on board,” another security official based in Mosul told AFP.

Iraq’s justice ministry said it had ordered the arrest of nine ferry company officials and banned the owners of the vessel and the tourist site from leaving the country.

The authorities had warned people to be cautious after several days of heavy rains led to water being released through the Mosul dam, causing the river level to rise.

Videos shared on social media showed a fast-flowing, bloated river and dozens of people floating in the water or trying to swim around the partly submerged boat.

Search operations stretched far downstream from the site where the boat sank, according to an AFP journalist.

Hundreds of people who had flocked to the forested area for the first days of spring gathered on the river banks as the disaster unfolded.

Ambulances and police vehicles transported the dead and wounded to hospitals in the city of nearly two million people.

Photos of victims, many of them women and children, were posted on the walls of a morgue for families unable to enter because of the large crowd who had gathered to identify their relatives.

One man, scanning over the pictures, stopped abruptly at the image of a woman.

In shock, he gasped: “It’s my wife,” before collapsing in tears.

IS turned Mosul into their de facto Iraqi capital after the jihadists swept across much of the country’s north in 2014.

The city spent three years under the group’s iron-fisted rule until it was recaptured by Iraqi troops backed by a US-led coalition in 2017.

Nawar, who had been aboard the craft, said it had capsized in mid-stream.

“It was carrying too many passengers, so the water began to rush onboard and the ferry became heavier and overturned,” he said. “With my own eyes I saw dead children in the water.”

As ambulances shuttled back and forth to the morgue, three young girls and a boy were huddled together in a blanket, in tears, waiting for news of their missing parents.

“All we wanted was to celebrate the New Year and it turned into a catastrophe,” a man passing the scene protested.

Iraq’s last major boat disaster was in March 2013 when a floating restaurant sank in Baghdad, killing five people.

Several political leaders denounced the lack of safety at dilapidated leisure facilities in a country where the dismal state of public services was one of the triggers for widespread protests last year.

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KT
June 30,2020

Dubai, Jun 30: The UAE Embassy in India on Tuesday urged expats stranded in India to procure travel approvals from the Federal Authority for Identity and Citizenship (ICA) in the UAE ahead of their travel to the UAE.

It has also assured UAE residence visa holders that a no-objection letter to travel would be issued on a humanitarian basis, as long as the resident meets all conditions set by the government of UAE.

The UAE Embassy in New Delhi tweeted Tuesday morning, "The @UAEembassyIndia would like to draw the attention of the valid UAE residence permit holders currently present in India, to the necessity of obtaining necessary approval from the @ICAUAE while ensuring that all conditions set by the UAE competent authorities are observed."

It added, "Please note that UAE will issue no objection letter to travel in some humanitarian cases only that meet all conditions and requirements."

The embassy also affirmed its commitment to the decisions of the Indian authorities regarding the continued closure of airports in India, and implementation of some restrictions that do not allow foreign airlines to carry passengers.

"We express our thank for your cooperation and your understanding of the current global situation, and in case there is any developments in this regard, we will publish it on the official platforms of embassy (sic)," the Embassy tweeted.

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News Network
May 28,2020

New Delhi, May 28: The Crime Branch of the Delhi Police will file 12 chargesheets against 536 Tablighi Jamaat members from three countries, officials said on Thursday.

Till now, the police has already filed chargesheets against 374 foreigners from 32 countries.

The officials said the charges against the Tablighi Jamaat members pertain to violation of visa rules, government guidelines regarding the Epidemic Disease Act and acting negligently in a way that was likely to spread infection of disease dangerous to life.

The Tablighi Jamaat, a religious organisation in Nizamuddin in South Delhi, had allegedly organised a congregation in March in violation of mass gatherings.

The Tablighi Jamaat’s Nizamuddin Markaz (centre) had become a coroavirus hotspot in the national capital.

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News Network
January 21,2020

Jan 21: Indian policymakers may make it easier for companies to tap foreign funding, as a prolonged cash squeeze makes it tough for firms to borrow at home.

Investors are speculating about potential steps Finance Minister Nirmala Sitharaman could unveil when she presents the nation’s budget on Feb. 1. These measures may include freeing up firms to borrow at higher rates and offering tax breaks to global funds.

“The government will need to relax local rules to make it easier for Indian companies to raise debt overseas and tide over the funding crunch in the onshore market,” said Raj Kothari, London-based head of trading at Jay Capital Ltd. “At the same time, they need to ensure that the borrowers tapping offshore markets abide with stricter corporate governance so as to avoid further defaults.”

A prolonged crisis in India’s shadow bank sector and a pile of bad loans at traditional lenders is making it expensive for Indian companies, other than the best-rated firms, to access funding. The government has tried a series of measures to spur domestic credit, including providing so-called credit enhancement and allowing tiny firms to restructure debt.

Here are some steps Sitharaman may consider to spur foreign borrowing:

• She could raise the cap of 450 basis points above Libor, which limits overall foreign debt costs for Indian companies

• This could help lower-rated firms sell bonds abroad. Indian companies rated BBB currently borrow at more than 10%, about 3.8 percentage points more than their top-rated peers;

• Sitharaman could waive the withholding tax foreign investors need to pay on holdings of rupee-denominated debt sold by Indian companies abroad

• The waiver was offered between September 2018 to March 2019, but wasn’t extended as the highest global interest rates since the financial crisis deterred Indian borrowers. Since then, the three-month Libor has dropped by about 1 percentage point

• She could permit Indian property developers and housing finance lenders to sell overseas bonds for reasons beyond affordable housing projects

• New funding lines to the real estate sector, arguably ground zero of India’s economic slowdown, could help kickstart consumption and investment as the industry is the nation’s biggest job-creator.

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