14 dead in twin attacks as Spanish police launch manhunt

Agencies
August 18, 2017

Barcelona, Aug 18: Spanish police hunted Friday for the driver who ploughed a van into crowds of pedestrians on a busy avenue in Barcelona, just hours before a second such assault hit a nearby resort, in twin attacks that left 14 dead and over 100 injured.

Police said they killed five "suspected terrorists" during the night and three others were arrested as Spain reeled from the double tragedy in Barcelona and in Cambrils, some 120 kilometres (75 miles) south.

But the driver responsible for the carnage in Spain's second largest city remained at large, authorities warned, while police said they believed the two attacks were connected.

In a poignant moment, Prime Minister Mariano Rajoy, King Felipe VI and the president of Catalonia where both places are located held a minute of silence in Barcelona that was followed by applause and shouts of "not afraid."

Both attacks followed the same modus operandi, with drivers deliberately targeting pedestrians with their vehicles, slamming them to the ground or sending them flying in the latest such assault in Europe where cars and vans have been used as weapons of terror before.

Javier Zaragoza, a prosecutor advising the attorney general in terrorism matters, told AFP the attacks were most likely the work of an organised "cell."

Otso Iho of Jane's Terrorism and Insurgency Centre added there appeared to be "a much higher level of coordination than has been typically present in previous attacks."

In an additional twist, police said an explosion in a house in another part of Catalonia Wednesday evening was potentially linked to the attacks, believing those inside "were preparing an explosive device."

As world leaders united in condemning the violence, the Islamic State group propaganda agency Amaq claimed one of its "soldiers" carried out the rampage in Barcelona.

In the Barcelona incident, a white van sped down the popular Las Ramblas avenue packed full of tourists on Thursday afternoon, knocking people down and killing 13 in a scene of chaos and horror.

The driver left the vehicle on the busy boulevard lined with shops and restaurants, and fled on foot.

Witnesses recounted how the van pushed through the crowd, leaving bodies strewn along the boulevard as other people fled for their lives, screaming in panic in scenes of chaos and confusion.

"We were on the city tour bus, we were 20 feet from the accident when it happened. We heard the van and the impact with people and then we saw people running," said Alex Luque, a 19-year-old student from New York.

"We got separated from my grandparents and I had to take my younger sister to try to find safety," he said Friday, adding he has since been reunited with his relatives.

Then just eight hours later attackers struck again in the early hours of Friday morning, this time in the seaside resort of Cambrils where an Audi A3 car rammed into pedestrians, injuring six civilians and a police officer. One of the civilians later died.

Gunfire ensued during which police killed the five attackers.

Markel Artabe, a 20-year-old restaurant worker, said he was on the seaside promenade when he heard what he initially thought were fireworks, but soon realised were gunshots.

He said he saw a person lying on the floor "with a gunshot in the head. His friends were crying out 'help'."

Police announced the arrest of three suspects, including a Spaniard and a Moroccan.

Carles Puigdemont, Catalonia's president, warned the suspect still on the run was potentially dangerous, saying "these types of people have already demonstrated they have the will to harm whatever happens."

There were at least 34 nationalities among the dead and injured, who came from countries as varied as France, Venezuela, Australia, Ireland, Peru, Algeria and China, according to Spain's civil protection agency.

At least two Italians were among the dead, according to the foreign ministry in Rome and the employer of one of the victims, while Belgium said one Belgian national died.

"We're united in grief," Rajoy said Thursday in a televised address after rushing to Barcelona, the biggest city in Catalonia, a region in Spain's northeast whose separatist government is defying Madrid with a drive for independence.

Spain, the world's third most popular tourism destination, had until now been spared the recent extremist attacks that have rocked nearby France, Belgium and Germany.

It had even seen a surge in tourists as visitors fled other restive sunshine destinations like Tunisia and Egypt.

But it is nevertheless no stranger to jihadist attacks, having been hit by what is still Europe's deadliest in March 2004, when bombs exploded on commuter trains in Madrid, killing 191 people in an attack claimed by Al Qaida-inspired extremists.

It also had to deal with a decades-long campaign of violence waged by Basque separatist group ETA, which only declared a ceasefire in 2011.

Police said Thursday that one of the arrested suspects in the Barcelona attack was a Spaniard born in Melilla, a Spanish territory in North Africa, and the other a Moroccan named as Driss Oukabir.

This is believed to be the first IS claim of an attack in Spain.

Catalonia has the highest concentration of radicalised Islamists in the country along with Madrid and the Spanish territories of Ceuta and Melilla that border Morocco.

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News Network
June 11,2020

Beijing, Jun 11: Floods and mudslides in south China have uprooted hundreds of thousands of people and left dozens dead or missing, state media reported Thursday.

The bad weather has wreaked havoc on popular tourist areas that had already been battered by months of travel restrictions during the coronavirus outbreak.

Torrential downpours unleashed floods and mudslides that caused nearly 230,000 people to be relocated and destroyed more than 1,300 houses, official state news agency Xinhua reported, citing the Ministry of Emergency Management.

In southern Guangxi Zhuang Autonomous Region, six people were reported dead and one missing, Xinhua said.

Streets were waterlogged in popular tourist destination Yangshuo, forcing residents and visitors to evacuate on bamboo rafts.

The local government said more than 1,000 hotels had been flooded and more than 30 tourist sites damaged.

One owner of a family-run hotel told Xinhua that the guest rooms were submerged in one metre (three feet) of rainwater.

The extreme weather has dealt a hefty blow to the region's tourism sector, which is still reeling from the COVID-19 epidemic.

The emergency management ministry said there were direct economic losses of over 4 billion yuan (more than $550 million) from the flooding, Xinhua reported.

In Hunan Province, at least 13 people were killed in rain-triggered disasters, and another eight people are missing or killed in southwestern Guizhou province, according to the local emergency response departments, Xinhua said.

The heavy downpours began at the beginning of June and have led to "dangerously high water levels" in 110 rivers, Xinhua reported.

Further rainstorms are expected in the next few days across the south.

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News Network
January 20,2020

New Delhi, Jan 20: Surging inflation and slowing growth are raising serious concerns about the future growth prospects of the economy and as a remedial measure the government should resolve supply-side hurdles and ensure more stringent governance norms, a report said on Monday.

According to the Dun and Bradstreet Economy forecast, even though the Index of Industrial Production (IIP) turned positive in November 2019, it is likely to remain subdued.

"Slowdown in consumption and investment along with high inflationary pressures, geopolitical issues and uncertainty over the recovery of the economic growth are likely to keep IIP subdued," the report noted.

Dun and Bradstreet expect IIP to remain around 1.5-2.0 percent during December 2019.

As per government data, industrial output grew 1.8 percent in November, turning positive after three months of contraction, on account of growth in the manufacturing sector.

On the price front, uneven rainfall along with floods in many states and geopolitical issues have led to a surge in headline inflation even as demand remains muted.

The Consumer Price Index (CPI) in December rose to about five-and-half year high of 7.35 percent from 5.54 percent in November, mainly driven by high vegetable prices.

"The sharp rise in inflation has constrained monetary policy stimulus while revenue shortfall has placed limits on the government expenditure," Dun & Bradstreet India Chief Economist Arun Singh said.

According to Singh, growth-supporting measures and deceleration in growth are likely to cause slippage in fiscal deficit target by a wider margin.

"The government should focus on taking small steps to address the slowdown; in particular, resolve the supply-side hurdles and ensure more stringent governance norms," Singh said.

Unless these concerns are addressed through a comprehensive policy framework, it will not be easy for India to clock a sustainable growth rate to become a USD 5 trillion economy, he added.

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News Network
May 24,2020

New Delhi, May 24: The Indian economy is likely to slip into recession in the third quarter of this fiscal as loss in income and jobs and cautiousness among consumers will delay recovery in consumer demand even after the pandemic, says a report.

According to Dun & Bradstreet's latest Economic Observer, the country's economic recovery will depend on the efficacy and duration of implementation of the government's stimulus package.

"The multiplier effect of the stimulus measures on the economy will depend on three key aspects i.e. the time taken for effecting the withdrawal of the lockdown, the efficacy of implementation and duration of execution of the measures announced," Dun & Bradstreet India Chief Economist Arun Singh said.

The report noted that the government's larger-than-expected stimulus package is likely to re-start economic activities.

Besides, measures taken by the Reserve Bank of India like reducing the repo rate by a further 40 basis points to 4 per cent, extending the moratorium period by three months and facilitating working capital financing will also help stimulate the momentum.

Singh said while the measures announced by the government are "positive", most of them have been directed towards strengthening the supply side of the economy, and "it is to be noted that supply needs to be matched with demand", he said.

Besides, "in the absence of cash-in-hand benefits under the government's stimulus package, demand for goods and services is expected to remain depressed", he added.

He further said the loss in income and employment opportunities, and cautiousness among consumers, will lead to a delayed recovery in consumer demand, even after the pandemic. As debt and bad loan levels increase, the banking sector might face challenges.

The report further noted that even as the monetary stimulus is expected to inject liquidity and stimulate demand for a wider section of the economy, the channelisation of funds from the financial institutions will be subjected to several constraints.

The foremost concern being increase in risk averseness, as the balance sheets of firms, households, and banks/NBFCs have weakened considerably and low demand for funds by firms as production activities have been on a standstill during the lockdown period, Singh said.

India has been under lockdown since March 25 to contain the spread of the coronavirus, resulting in supply disruptions and demand compression.

Prime Minister Narendra Modi imposed a nationwide lockdown to control the spread of coronavirus on March 25. It has been extended thrice, with some relaxations. The fourth phase of the lockdown is set to expire on May 31. 

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