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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News Network
February 17,2020

New Delhi, Feb 17: Four death row convicts in the 2012 Nirbhaya gang rape and murder will be hanged on March 3 at 6 am a Delhi court said on Monday.

The Patiala House Court on Monday issued fresh death warrants against four convicts while hearing a petition by the state and Nirbhaya's parents.

Earlier, Delhi High Court on February 5 granted a week's time to the four convicts to avail of all legal remedies available to them and said that the convicts cannot be hanged separately since they were convicted for the same crime.

A Delhi Court had earlier issued a death warrant against the four convicts -- Vinay Sharma, Akshay Thakur, Pawan Gupta, and Mukesh Singh -- on January 7 and they were scheduled to be executed on January 22 at Tihar Jail. Later, the execution was suspended indefinitely by a Delhi court.

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News Network
January 20,2020

New Delhi, Jan 20: Union Finance Minister Nirmala Sitharaman on Sunday said the kind of cleaning in the system that the BJP-led government had to carry out after coming to power in 2014 was "unbelievable" and it undertook the exercise without any grudge or worry.

Between 2014-16, there were a lot of questions as to why reforms did not come fast and there were comments that the government was incapable of bringing them, she said delivering the Nani Palkhivala Memorial lecture on "Road Map to $5 Trillion Economy" here.

Pointing out that there were allegations and criticism that the government wants to do something but it did not, Sitharaman said, "I am fully willing to buy that." She recalled that Prime Minister Narendra Modi often said he did not believe in incremental changes and the country needed good transformational change. The stage in which India is today, it cannot have little marginal increments, but good transformational change.

"But still one might say in the last five years the government never did. That can be a critical analysis and I am fully willing to buy that. Because post-2014 the kind of cleaning up the government had to do was unbelievable and we undertook that exercise without a grudge without a worry.. we had to do it and it is part of the game," she said. Elaborating, Sitharaman said states have their own views on Land Acquisition Bill and the government could not have done anything because land, after all, is with them.

Commenting on the topic 'Road Map to $5 trillion economy,' she said quoting Prime Minister Narendra Modi's comments, the government would take the route "Sarkar ka abhaav nahi hona chahiye, prabhaav hona chahiye aur dabaav nahi hona chahiye."

"Abhaav and dabaav both of which are not desirable, abhaav is the inadequacy or lack of adequate presence or shortfall. You do not need a shortfall. You need a government where it should be present, where it is expected to function.", she said.

"So there should not be abhaav. Dabaav (meaning pressure) is not something you want from the government. So, you want Prabhaav. It is broadly an influence, facilitation, broadly the philosophy with which it is mandated, she said.

Noting that the government has got the mandate through the election, she said, "The mandate was spelt out in so many different ways in its manifesto. So the route towards $5 trillion is this."

"We have to be there to facilitate. We have to be there to make it easy. We have to be where you need us, where there is no policy (reforms from the government)," she said.

On the Insolvency and Bankruptcy Code (IBC) implemented by the government, the union minister said the approach of the IBC was not to shut business. "IBC takes on the approach in having some kind of resolution where all people who exploited the company do not come back through the "back door," she said.

IBC was done through better management so that the institution is alive and kicking. It is something which she wanted to carry forward from Modi 1.0 to 2.0. "The point I am trying to make on this road to $5 trillion economy is that it is not just an abstraction, this is not how I want India to be. But in micro-level too, we are coming in response to every stakeholder," she said.

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Well Wisher
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Tuesday, 21 Jan 2020

LOL. Do not say anything, else she will get angry.

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News Network
February 28,2020

Feb 28: The best economic tonic for the coronavirus shock is to contain its spread and worry about stimulus later, said Raghuram Rajan, former head of the Reserve Bank of India.

There’s little central banks can do, and while more government spending would help, the priority should be on convincing companies and households that the virus is under control, he said.

“People want to have a sense that there is a limit to the spread of this virus perhaps because of containment measures or because there is hope that some kind of viral solution can be found,” Rajan told Bloomberg Television’s Haidi Stroud Watts and Shery Ahn.

“At this point I would say the best thing that governments can do is to really fight the epidemic rather than worry about stimulus measures that comes later,” said Rajan, who is currently a professor at the Chicago Booth School of Business.

The spread of coronavirus is pushing the world economy toward its worst performance since the financial crisis more than a decade ago.

Bank of America Corp. economists warned clients Thursday that they now expect 2.8% global growth this year, the weakest since 2009.

“We have moved from extreme confidence in markets to extreme panic, all in the space of one week,” said Rajan, who previously was chief economist at the International Monetary Fund.

The virus outbreak will force companies to rethink supply chains and overseas production facilities, he said.

“I think we will see a lot of rethinking on this, coming on the back of the trade disruption, now we have this,” Rajan said. “Globalization in production is going to be hit quite badly.”

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