Two dead after NZ quake, residents flee tsunami

November 14, 2016

Christchurch, New Zealand, Nov 14: At least two people were killed and more fatalities were feared after a powerful 7.8 earthquake struck New Zealand today, while residents in coastal areas fled following tsunami warnings.

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As dawn broke there was scant information from many rural villages in the South Island, which were isolated by landslips and fractured telephone communications as strong aftershocks continued for several hours.

Prime Minister John Key confirmed two people had died and said "we cannot rule out" that number will rise, nearly seven hours after the main quake.

Police were trying to reach the scene of one fatality at a remote property 150 kilometres north of Christchurch while another person died in a historic homestead which collapsed at the nearby fishing village of Kaikoura.

"At this point we are unable to give precise details of what caused those fatalities," Key said, adding that communication problems made it difficult to get information.
Helicopters were taking officials workers to the worst-affected area, he said.

"As soon as we can get a much better assessment of the actual damage then we can work out the next steps."

Soon after the earthquake, tsunami warning sirens were activated in South Island coastal towns and along the east coast of the North Island, with police and emergency workers going door to door to evacuate seaside properties.

The ministry of civil defence, responsible for emergency management in New Zealand, initially warned of a "destructive tsunami" with waves of up to five metres (16 feet).

The first waves were measured around two metres and four hours later authorities downgraded the warning, but said risks remained.

The earthquake struck at 12:02 AM Monday (16:32 IST Sunday) and was 23 kilometres deep, the US Geological Survey said, putting the epicentre near the alpine tourist village of Hanmer and the rural township of Cheviot in North Canterbury, South Island.

It was one of the most powerful shakes to rock earthquake-prone New Zealand and ignited painful memories for residents in Christchurch which was devastated five years ago by a 6.3 tremor which killed 185 people.

"It was massive and really long," Tamsin Edensor, a mother of two in Christchurch, told AFP, describing the powerful quake as the biggest since the 2011 tremor which was one of New Zealand's deadliest disasters.

"We were asleep and woken to the house shaking, it kept going and going and felt like it was going to build up."

The main tremor was followed by a series of strong aftershocks and there were reports of damaged houses. Roads were cut and rail and ferry services were halted.

People took to social media to report damage with goods tipped from shelves and shattered glass littering streets. "Family friends in Cheviot say some houses are gone," one person tweeted.

Marie Black, a local councillor who lives about 50 kilometres north of Christchurch, told the New Zealand Herald there were reports of damage to buildings in the North Canterbury region.

"It was a significant shake, I have felt several aftershocks and it is very unnerving," she said.

In the capital city Wellington, where shattered glass littered inner city streets, rail and bus services were cancelled and people were advised not to try to go to work today.

In several cities guests were forced to evacuate hotels when the quake hit, including Nelson, about 200 kilometres from the quake centre where the touring Pakistan cricket team are staying.

"Some of the boys were in prayer, some were watching the India-England Test on TV when we felt the windows shake," team manager Wasim Bari told ESPNcricinfo.

In September, a strong 7.1-magnitude earthquake struck the east coast of New Zealand, generating a small tsunami, but no significant damage or injuries were reported.

New Zealand is on the boundary of the Australian and Pacific tectonic plates, which form part of the so-called "Ring of Fire", and experiences up to 15,000 tremors a year.

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News Network
April 30,2020

London, Apr 30: The coronavirus is roiling global job markets, but the picture is not all gloomy. Finance, technology and consumer goods firms are hiring tens of thousands in the United States and other countries, according to data from Microsoft Corp's professional networking site LinkedIn.

Across seven countries in North America, Europe and Asia, healthcare providers are among the busiest recruiters given the ongoing battle against the novel coronavirus, which has killed over 200,000 people and infected over 3 million people worldwide, LinkedIn said. But lifestyle changes during lockdown are also driving demand for financial consultants, factory workers, animators and game designers, and delivery workers.

Overall, the hiring rate has plunged in the first quarter from the year-ago period, and in late April remains lower than a year ago across most countries surveyed by the platform. But the data offer a glimmer of hope with a gradual uptick in China, where the coronavirus emerged last year and which leads the world in surfacing from a months-long lockdown.

LinkedIn, with over 690 million users worldwide, counts new hires when people add a new employer to their profile. The rate is the number of new hires divided by the total number of LinkedIn members in a country.

The figures, tracked since mid-February, are not corroborated by official jobs data and do not represent the actual number of jobs in an economy. Government figures are usually released with a time-lag of several weeks.

"We are confident that our data is directionally correct in that there has been a huge decline in hiring in the U.S. and abroad," Guy Berger, principal economist at LinkedIn in California, told Reuters.

Hiring in China plummeted 50% during the height of its coronavirus crisis in mid-February from 12 months earlier. Since restrictions were eased in early April, the hiring rate has inched up, and for the week ending April 24 was 3% lower than the same period in 2019.

Hiring in the United States, United Kingdom, France and Italy - which lead the world in coronavirus-related deaths - remains hugely depressed, but is falling less rapidly than a few weeks ago as the countries pass the peak of their epidemics.

Retailers including Walmart Inc, Amazon.com Inc and Instacart have said they would hire a total of over 700,000 workers to meet a surge in demand for groceries and household essentials during the coronavirus outbreak.

Coronavirus state-wise India update: Total number of confirmed cases, deaths on April 30

Consumer goods manufacturers such as Unilever, whose products include soap and shampoo, confirmed on Wednesday it was hiring to fill 300 jobs globally, but declined to elaborate.

Nestle told Reuters it was looking to fill 5,000 full-time U.S. positions in "a variety of levels across corporate and frontline."

Fidelity Investments, a Boston-based financial services firm, said it had accelerated recruitment because of the pandemic and was looking to fill at least 2,000 full-time roles for financial consultants, software engineers and customer service staff in the United States in 2020.

Companies hiring in the United States and other countries also include Apple Inc; ByteDance, the Chinese parent of video-sharing social network TikTok; Takeda Pharmaceutical Co Ltd; and aerospace and defence company Lockheed Martin Corp. These companies did not immediately respond to requests for comment.

DIRE WARNINGS

The International Labour Organization warned on Wednesday that 1.6 billion workers, or nearly half of the global workforce, especially in the informal economy, could lose their livelihoods.

Record numbers of people have applied for U.S. jobless benefits since mid-March, and the unemployment rate is expected to soar to 16%, White House economic adviser Kevin Hasset said this week, from a 50-year low of 3.5% before the pandemic hit.

Both Italy and France, in lockdown for nearly two months, have seen hiring rates drop by around 70% from a year ago, according to LinkedIn.

Since China is ahead of other countries on the pandemic timeline, improvements there could suggest the same is in store elsewhere, Berger said. Several American states and European countries have begun allowing some non-essential businesses and schools to reopen in the hopes of restarting the economy and allowing a gradual return to normal life.

"It's still slightly early to call it a firm recovery," Berger said, referring to improving prospects in China. "We're not expecting a full recovery but rather it's an indication that parts of the economy will switch on as lockdowns are eased, at least relative to the worst point of the pandemic."

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Agencies
March 1,2020

Washington, Mar 1: Beginning April 1, Indians wishing to immigrate to America will now have to pay an additional $50,000 for the EB-5 or the US investor visa, a media report said.

Although, this additional tax would impact all visa categories, it will predominantly create a barrier for people investing in the EB-5 visa programme, the American Bazaar daily said in the report on Friday.

In 2019, the EB-5 investor visa programme, for the first time since the 1990's, increased the minimum investment amount to $900,000.

With this increase in minimum investment, the new 5 per cent additional tax would mean that applicants would have to pay the extra $50,000, when they move money to an escrow account in the US to fulfil their application criterion.

"The changes to the tax on remittances is a reminder to Indians to carefully plan their tax position before making the move to the US," the American Bazaar quoted Mark Davies, Global Chairman, Davies & Associates LLC, as saying.

"People seeking to emigrate who do not wish to pay this tax at source and rather account for it later may wish to move their money ahead of the new rules coming into effect.

"It is possible to pre-emptively move money into an escrow account in the US until such a time as they are ready to proceed with emigration process," he added.

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Agencies
January 16,2020

Moscow, Jan 16: Russia's government resigned in a shock announcement on Wednesday after President Vladimir Putin proposed a series of constitutional reforms.

In a televised meeting with the Russian president, Prime Minister Dmitry Medvedev said the proposals would make significant changes to the country's balance of power and so "the government in its current form has resigned".

"We should provide the president of our country with the possibility to take all the necessary measures" to carry out the changes, Medvedev said.

"All further decisions will be taken by the president." Putin asked Medvedev, his longtime ally, to continue as head of government until a new government has been appointed.

"I want to thank you for everything that has been done, to express satisfaction with the results that have been achieved," Putin said.

"Not everything worked out, but everything never works out." He also proposed creating the post of deputy head of the Security Council, suggesting that Medvedev take on the position.

Earlier Wednesday Putin proposed a referendum on a package of reforms to Russia's constitution that would strengthen the role of parliament.

The changes would include giving parliament the power to choose the prime minister and senior cabinet members, instead of the president as in the current system.

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