Former US president George H.W. Bush dead at 94

Agencies
December 1, 2018

Washington, Dec 1: George H.W. Bush -- the upper-crust war hero-turned-oilman and diplomat who steered America through the end of the Cold War as president and led a political dynasty that saw his son win the White House -- died Friday. He was 94.

George W. Bush called his father a "man of the highest character and the best dad a son or daughter could ask for," in a statement announcing his death.

"The entire Bush family is deeply grateful for 41's life and love, for the compassion of those who have cared and prayed for Dad, and for the condolences of our friends and fellow citizens."

Bush's passing comes just months after the death in April of his wife and revered first lady Barbara Bush -- his "most beloved woman in the world" -- to whom he was married for 73 years.

The 41st American president was a foreign policy realist who navigated the turbulent but largely peaceful fall of the Soviet Union in 1989 and assembled an unprecedented coalition to defeat Iraqi strongman Saddam Hussein two years later.

But the decorated war pilot and former CIA chief suffered the ignominy of being a one-term president, denied a second term over a weak economy when he lost the 1992 election to upstart Democrat Bill Clinton.

His favoring of stability and international consensus stands in sharp contrast to the provocative bluster of fellow Republican and current White House occupant Donald Trump, a man whom Bush did not vote for in 2016.

Bush presided over economic malaise at home, and infuriated his fellow Republicans during a budget battle with rival Democrats by famously breaking his vow: "Read my Lips: No new taxes."

But he was the respected patriarch of a blue-blood political dynasty -- son George spent eight years in the White House, and son Jeb served as governor of Florida.

At the time of his death, Bush was the American president to have lived the longest.

Jimmy Carter was born a few months later, so he could quickly reset the record.

"America has lost a patriot and humble servant in George Herbert Walker Bush. While our hearts are heavy today, they are also filled with gratitude," former president Barack Obama said in a statement.

George Herbert Walker Bush was born on June 12, 1924 in Milton, Massachusetts into a wealthy New England political dynasty -- the son of Prescott Bush, a successful banker and US senator for Connecticut.

Bush had a pampered upbringing and attended the prestigious Phillips Academy in Andover, but delayed his acceptance to Yale in order to enlist in the US Navy on his 18th birthday and head off to war.

He flew 58 combat missions during World War II. Shot down over the Pacific by Japanese anti-aircraft fire, he parachuted out and was rescued by a submarine after huddling in a life raft for four hours while enemy forces circled.

Bush married Barbara Pierce in January 1945, shortly before the war ended, and the couple went on to have six children, including one, Robin, who died as a child.

Instead of joining his father in banking upon graduation from Yale University, Bush headed to bleak west Texas to break into the rough-and-tumble oil business.

He surprised many with his success, and by 1958 had settled in Houston as president of an offshore drilling company.

In the 1960s, Bush, now independently wealthy, turned to politics.

He was a local Republican Party chairman, and in 1966 won a seat in the US House of Representatives. He served there until 1970, when he lost a bid for the Senate.

Over the next decade, he held several high-level posts that took him and Barbara around the world: head of the Republican National Committee, US ambassador to the United Nations, envoy to China and director of the Central Intelligence Agency, where he was praised for restoring morale after revelations of widespread illegal activity.

He served as vice president to Ronald Reagan after losing to him in the 1980 Republican primary, an eight-year period of hands-on training for the top post he would go on to win by a solid margin in 1988, as the Cold War was coming to an end.

In a major test of the post-Cold War order, Saddam's million-man army invaded Kuwait in 1990 and looked set to roll into Saudi Arabia, which would have given the Iraqi strongman more than 40 percent of the world's oil reserves.

Bush famously vowed: "This will not stand, this aggression against Kuwait."

He assembled a coalition of 32 nations to drive Iraqi forces out in a matter of weeks with a lightning air and ground assault.

Some 425,000 US troops backed by 118,000 allied soldiers took part in Operation Desert Storm, decimating Saddam's military machine without ousting him from power -- a task that would be accomplished 12 years later by Bush's son.

Buoyed by his victory in the Gulf, Bush and his hard-nosed and widely respected secretary of state James Baker cobbled together the 1991 Madrid Conference to launch the Arab-Israeli peace process.

The conference was mainly symbolic, but it set the stage for the Oslo Accords two years later.

In late 1989, Bush sent US troops to Panama to oust strongman Manuel Noriega. He also set the groundwork for the North American Free Trade Agreement.

Domestically, however, the economy stalled and Bush broke his pledge not to raise taxes in order to reach a budget deal with Democrats -- a cardinal sin in the eyes of Republicans.

In 1992, Bush lost his re-election bid to Clinton -- whose aide coined the now famous slogan "It's the economy, stupid" -- as eccentric third-party candidate Ross Perot syphoned off conservative votes.

The elder Bush's cautious realpolitik would later be contrasted to his son's far more costly ambition to transform the Middle East, but "Bush 41" refused to weigh in on the debate, insisting he was proud of the presidency of "Bush 43."

After retiring from public life, Bush fulfilled a wartime pledge to one day jump out of a plane for fun and famously went skydiving on his 75th, 80th, 85th and 90th birthdays.

He joined Clinton to raise funds for victims of the 2004 Asian tsunami and the 2010 Haiti earthquake. In 2011, Obama awarded Bush the highest US civilian honor, the Medal of Freedom.

He worked with Carter, Clinton, Obama and son George to raise money for hurricane victims in Texas in 2017.

In 2001, Bush became just the second US president after John Adams to see his son become president.

Son Jeb made his own presidential run in 2016, but fell short in the Republican primaries against Trump.

Comments

Hassanabba
 - 
Saturday, 1 Dec 2018

he must be having pain that he given a birth to such a devil son who has millions of innocent life he caused in war,

 

amswer is simple you lived 94 year by killing and enjoying now you life your 1000000000000000000000000000000000000000000000000000000000000000000000000000000000000000 year in hell in fire

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News Network
March 4,2020

Bhopal, Mar 4: Madhya Pradesh Chief Minister  Kamal Nath on Tuesday asserted that there was no threat to his government.

Nath's comments came when he was asked about reports of alleged 'poaching' attempts being made by the opposition BJP in the state.

“The legislators are telling me that they are being offered so much money. I am telling the MLAs to take it, if they are getting this free money,” Nath told reporters here on the sidelines of a programme.

Congress veteran Digvijaya Singh on Monday alleged that his party MLAs were being offered “huge money by BJP leaders” as part of the saffron party's “poaching” attempt to destablise the Kamal Nath government.

When Nath was asked about any threat to the stability of his government in Madhya Pradesh, he said, “There is nothing to worry about.”

Reacting to Nath's statement, state BJP spokesman Rajneesh Agrawal told PTI that his party has nothing to do with the allegations.

“In fact, these speculations and allegations are part of the internal bickering of among Congress leaders to get nominated for the Rajya Sabha polls,” he said.

After Digvijaya Singh's remarks on Monday, senior BJP leader and former chief minister Shivraj Singh Chouhan accused the Congress veteran of making false statements to create sensationalism.

“Speaking lies to create sensationalism is Digvijaya's habit. Probably some of his (Digivijaya's) works were not done and he wants to create pressure on the CM to get them done,” Chouhan alleged.

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News Network
March 16,2020

New Delhi, Mar 16: Reliance Group Chairman Anil Ambani has been summoned by the ED in connection with its money laundering probe against Yes Bank promoter Rana Kapoor and others, officials said on Monday.

They said Ambani was asked to depose at the Enforcement Directorate office in Mumbai on Monday as his group companies are among the big entities whose loans went bad after borrowing from the crisis-hit bank.

The officials said Ambani, 60, has sought exemption from appearance on some personal grounds and he may be issued a new date.

Ambani's group companies are stated to have taken loans of about Rs 12,800 crore from the bank that turned NPAs.

Finance Minister Nirmala Sitharaman had said in a March 6 press conference that the Anil Ambani Group, Essel, ILFS, DHFL and Vodafone were among the stressed corporates Yes Bank had exposure to.

Officials said promoters of all the big companies who had taken large loans from the beleaguered bank which later turned bad are being summoned for questioning in the case to take investigation forward.

Ambani's statement will be recorded under the Prevention of Money Laundering Act (PMLA) upon deposition, they said.

Kapoor, 62, is at present in ED custody after he was arrested by the central probe agency early this month.

The ED has accused Kapoor, his family members and others of laundering "proceeds of crime" worth Rs 4,300 crore by receiving alleged kickbacks in lieu of extending big loans through their bank that later turned NPA.

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Agencies
March 9,2020

Mumbai, Mar 9: The mayhem in domestic stock markets deepened with the BSE Sensex falling over 2,400 points and the Nifty50 trading below 10,400 points.

The plunge in the domestic indices was in line with the global markets on persistent fears of economic impact of the coronavirus epidemic.

Stocks of Reliance Industries registered the biggest fall in over 10 years as it fell to Rs 1,094.95 per share. At 1.34 p.m., it was trading at Rs 1,100, lower by Rs 170.05 or 13.39 per cent from its previous close. The stock fell most since October 2008.

The benchmark index of BSE Sensex was trading at 35,232.67 points, lower by 2,343.95 points or 6.24% from the previous close of 37,576.62 points. 

It had opened at the intra-day high of 36,950.20 and has so far touched a low of 35,109.18.

The Nifty50 on the National Stock Exchange was trading at 10,314.25 points, lower by 675.20 points or 6.14% from the previous close. 

It was a sell-off across sectors, led by financial, metal, energy and IT stocks - which weighed on the markets.

Further, crude oil prices also slumped around 30% on Monday as Organization of Petroleum Exporting Countries (OEPC) failed to agree on an output cut deal, eventually causing Saudi Arabia to cut its prices as it is likely to increase its production. Saudi Arabia's stance has already raised concerns of an all-out price war.

Brent crude futures are currently trading around $34 per barrel.

On Saturday, Saudi Arabia announced massive discounts to its official selling prices for April, and the nation is reportedly preparing to increase its production above the 10 million barrel per day mark, according to reports.

As per analysts, the oil market witnessed the worst price fall on Monday since the 1991 Gulf War.

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