Canada: 15 injured in blast in Indian restaurant; 2 suspects flee

Agencies
May 25, 2018

Toronto, May 25: Two unidentified men walked into a restaurant on Thursday in the Canadian city of Mississauga and set off a bomb, wounding more than a dozen people, local police said.

The blast went off in the Bombay Bhel restaurant at about 10:30 p.m local time. Fifteen people were taken to hospital, three of them with critical injuries, the Peel Regional Paramedic Service said in a Tweet.

The two male suspects fled after detonating their improvised explosive device, Peel Regional Police said in a Tweet. No one has claimed responsibility, and the motive for the attack was not known.

The men entered the restaurant and set down what appeared to be a paint can or pail, which exploded after they fled, Sergeant Matt Bertram told the New York Times. The bomb was filled with “projectable objects,” he said.

India’s external minister Sushma Swaraj said in a tweet that the she was in constant touch with the Consul General in Toronto and the Indian High Commissioner in Canada and that the missions would work round the clock.

Police posted a photograph on Twitter showing two people with dark zip-up hoodies walking into an establishment. One appeared to be carrying an object.

Peel Police said one suspect was in his mid-20s, stocky, and wore dark blue jeans and a dark zip-up hoody pulled over his head, with black cloth covering his face. The second was thin, and wore faded blue jeans, a grey t-shirt and a dark zip-up hoody over his head, also with his face covered.

Roads in the area were closed and a large police presence was at the scene, with heavily armed tactical officers arriving as part of the large emergency response, local media reported.

The attack in Mississauga comes a month after a driver plowed his white Ryder rental van into a lunch-hour crowd in Toronto, killing 10 people and injuring 15.

Mississauga is Canada’s sixth-largest city, with a population of 700,000 people, situated on Lake Ontario about 20 miles (32 km) west of Toronto. Bombay Bhel is an Indian restaurant chain in the metro area of Mississauga.

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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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News Network
February 14,2020

Feb 14: R K Pachauri, a former chief of The Energy and Resources Institute, passed away on Thursday after a prolonged cardiac ailment, TERI Director General Ajay Mathur said.

He was 79.

"It is with immense sadness that we announce the passing away of R K Pachauri, the founder Director of TERI. The entire TERI family stands with the family of Dr Pachauri in this hour of grief," Mathur said in a statement issued by the TERI.

"TERI is what it is because of Dr Pachauri's untiring perseverance. He played a pivotal role in growing this institution, and making it a premier global organisation in the sustainability space," said Mathur, who succeeded Pachauri at TERI in 2015. Pachauri was admitted to Escorts Heart Institute in the national capital where he underwent open heart surgery and was put on life support on Tuesday, sources said.

In the statement issued by TERI, its Chairman Nitin Desai hailed Pachauri's contribution to global sustainable development as "unparalleled".

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