Shooting at California synagogue kills 1, wounds 3

Agencies
April 28, 2019

California, Apr 28: A 19-year-old gunman opened fire inside a synagogue near San Diego as worshippers celebrated the last day of a major Jewish holiday, killing a woman and wounding the rabbi and two others Saturday, authorities said.

President Donald Trump and other elected officials decried what they called an anti-Semitic attack exactly six months since 11 people were killed at a Pittsburgh synagogue in the deadliest assault on Jews in US history.

An off-duty Border Patrol agent working as a security guard at the Chabad of Poway fired at the shooter as he fled, missing him but striking his getaway vehicle, San Diego County Sheriff William Gore said.

The gunman, identified as John Earnest, used an AR-type assault weapon, Gore said. There were indications that the gun might have malfunctioned after firing numerous rounds inside the synagogue, the sheriff said.

Shortly after fleeing, Earnest called 911 to report the shooting, San Diego Police Chief David Nisleit said. When an officer reached the man on a roadway, “the suspect pulled over, jumped out of his car with his hands up and was immediately taken into custody,” Nisleit said.

A girl and two men were wounded as the Jewish congregation gathered for Passover, a weeklong commemoration of the deliverance of the ancient Hebrews from slavery in Egypt. The three were in stable condition, authorities said.

Earnest has no criminal record, but investigators were looking into a claim he made in an online manifesto about setting a fire at a mosque in nearby Escondido last month, Gore said. There was damage but no injuries.

Gore said authorities were reviewing copies of his social media posts and were investigating the attack as a possible hate crime.

A person identifying themselves as John Earnest posted an anti-Jewish screed online about an hour before the attack that contained some elements not to be believed, like an allegation a YouTube star helped plan and fund the shooting. The post says he was in nursing school and cited the suspects accused of carrying out deadly attacks on mosques in New Zealand last month and at Pittsburgh’s Tree of Life synagogue Oct. 27.

There was no known threat after Earnest was arrested, but authorities boosted patrols at places of worship as a precaution, police said.

Minoo Anvari, a member of the synagogue, told media outlets that her husband was inside during the shooting. She said he called to tell her the shooter was shouting and cursing.

She called the shooting “unbelievable” in a peaceful and tight-knit community.

“We are strong; you can’t break us,” Anvari said.

Donny Phonea, who lives across the street from the synagogue, turned off his power drill and heard someone shout, “Police!” Then he heard three or four shots.

The 38-year-old bank auditor looked over his backyard fence facing the synagogue and saw people hiding behind an electrical box in the parking lot of a neighboring church. At that point, he knew something was “very, very wrong,” went inside and closed his doors and garage.

“I’m a little taken aback,” said Phonea, who moved to Poway two weeks ago. “I moved here because safety was a factor. Poway is very safe.”

Trump offered his sympathies Saturday, saying the shooting “looked like a hate crime” and calling it “hard to believe.” The mayor of Poway, who tweeted that he got a call from the president offering help, also denounced what he called a hate crime.

“I want you know to you this is not Poway,” Mayor Steve Vaus said. “We always walk with our arms around each other and we will walk through this tragedy with our arms around each other.”

Democratic Gov. Gavin Newsom said he joins the community in grief.

“No one should have to fear going to their place of worship, and no one should be targeted for practicing the tenets of their faith,” he said.

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News Network
March 10,2020

Mar 10: Indian energy tycoon Mukesh Ambani is no longer Asia’s richest man, relinquishing the title to Jack Ma after oil prices collapsed along with global stocks.

The rout, exacerbated by mounting fears that the spread of the novel coronavirus will thrust the world into a recession, erased $5.8 billion from Ambani’s net worth on Monday and pushed him to No. 2 on the list of Asia’s richest people, according to the Bloomberg Billionaires Index. Ma, the Alibaba Group Holding Ltd. founder who relinquished the No. 1 ranking in mid-2018, is back on top with a $44.5 billion fortune, about $2.6 billion more than Ambani.

Oil plunged the most in 29 years on Monday as Saudi Arabia and Russia vowed to pump more in a struggle for market share. The slump comes just as the coronavirus is spurring the first decline in demand in more than a decade. That raises questions about whether Ambani’s flagship Reliance Industries Ltd. will be able to cut net debt to zero by early 2021, as he has pledged. The plan hinges on a proposal to sell a stake in the group’s oil and petrochemicals division to Saudi Arabian Oil Co., the world’s biggest crude producer.

While the coronavirus has curtailed some of tech giant Alibaba’s businesses, the damage has been mitigated by increased demand for its cloud computing services and mobile apps.

Reliance Industries, by comparison, has no such silver lining. The Indian conglomerate’s shares plunged 12% on Monday, the most since 2009, extending this year’s decline to 26%. Alibaba’s American depositary receipts have slipped 6.8% so far in 2020.

Ma reclaims crown after Reliance shares were pummeled in 2020.

Few of the world’s billionaires fared well in Monday’s collapse as the S&P 500 Index and Dow Jones Industrial Average each plunged more than 7.5%, the most since the 2008 financial crisis, threatening to end the longest bull market in history. But no one did worse than those whose fortunes are underpinned by oil. Wildcatter Harold Hamm’s fortune was cut almost in half to $2.4 billion and fellow oil magnate Jeff Hildebrand lost $3 billion, bumping both from Bloomberg’s 500-member wealth ranking.

In a pivot toward new businesses such as telecommunications, technology and retail, Ambani’s Reliance Industries has piled on billions of dollars of debt over the years.

It spent almost $50 billion -- most of it funded by borrowings -- to build Reliance Jio Infocomm Ltd., which became India’s No. 1 wireless carrier within about three years of its debut. As the mobile venture took off, Ambani also unveiled plans for an e-commerce empire to rival Amazon.com Inc. in India.

Addressing concerns over the liabilities, Ambani pledged in August to cut the group’s net debt to zero from about $21 billion as of last March. The Aramco deal is crucial to that plan for which Reliance Industries has valued its oil-to-chemicals division at $75 billion including debt, implying a $15 billion valuation for the 20% stake that’s for sale.

Signs of a potential delay to that deal unnerved some investors, hammering the stock since it touched a record high on Dec. 19.

Reliance Industries expected the Aramco transaction to be completed by March, but people familiar with the matter said in February that talks were still ongoing to bridge differences between the two parties over the deal’s structure.

Adding to the uncertainty, Indian Prime Minister Narendra Modi’s administration has petitioned a court to halt the proposed stake sale, threatening a key source of funds needed to pare net debt.

But Ambani, 62, may soon bounce back from the setback, said Harish H.V., managing partner at ECube Investment Advisors in Bengaluru, India.

“The game isn’t over,” he said. “Ambani has successfully built a robust business model which would keep him in the game. Moreover, his telecom business will start yielding results in coming years.”

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SmR
 - 
Tuesday, 10 Mar 2020

The curses of the bank depositors savings which vanished with collapsing economy and fraudlent seems to have gradully affecting riches of Ambani's.

 

AU
 - 
Tuesday, 10 Mar 2020

in Holy Quran Allah says; but they plan and Allah plans, and Allah is the best planners..(Surah Al Anfal 8:30)

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coastaldigest.com web desk
June 27,2020

New Delhi, June 27: The Prime Minister Narendra Modi-led union government of India is not ready to stop all imports from aggressive China in spite of mount calls to boycott Chinese products in India.

The Centre is reportedly considering to stop only non-essential imports from the neighbouring country.

However, the Inward shipment in sectors such as automobiles, pharmaceuticals, certain electronics and others will continue until a domestic alternative is found.

“India will gradually move towards import substitution. It will not happen overnight. In the meantime, attention has to be paid on production and job creation. We cannot throttle our industry. There are certain absolutely essential imports. Needless to say, those will keep going,” official sources said.

Sources said that both the government and the industry are in the process of identifying products that can be domestically manufactured in the medium term. There are certain chemicals, automotive components, handicrafts, cosmetics, agriculture items and certain consumer electronics, which can be manufactured domestically in the short to medium term. The government is doing all it can to raise the capacity of domestic industries.

However, there are certain other imports in the automobile and the pharmaceutical sectors which cannot be done away within the short to medium term. Their domestic production at the moment may not be that cost-effective.

The six-crore strong traders’ body CAIT has been at the forefront of such a demand and has launched a campaign to celebrate Indian Diwali this year with a total absence of Chinese goods.

“Ease of doing business, capital availability at lower rates and globally competitive logistics and energy costs are some of the prerequisites that the government should look into to ensure the growth of the domestic auto component industry,” according to Automotive Component Manufacturers Association of India (ACMA) Director General Vinnie Mehta.

Maruti Suzuki Chairman R C Bhargava said, “People who are boycotting Chinese goods have to remember that in some cases it may lead to their being asked to pay more for the same product."

Meanwhile, domestic rating agency Acuite Ratings & Research has analysed the current import portfolio from China and found 40 sub-sectors have the potential to lower their import dependency on China. These sectors contribute to $33.6 billion worth of imports from China and about 25% of these imports can be substituted by local manufacturing without any significant additional investments.

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News Network
March 21,2020

New Delhi, Mar 21: A couple was deboarded from a Delhi-bound Rajdhani train on Saturday after co-passengers observed a home quarantine seal on the husband's hand, the Railways said Saturday.

Officials said the Delhi-based couple boarded the Bangalore City-New Delhi Rajdhani at Secunderabad on Saturday morning.

When the train reached Kazipet in Telangana at 9:45 am, a co-passenger noticed the quarantine mark authorities are putting on suspected coronavirus cases —on the husband's hand when he was washing his hands. Other co-passengers then informed the TTE onboard.

The train was briefly detained and the couple was taken to a hospital. The coach was completely sanitised in Kazipet and was locked, officials said.

The air conditioning was also switched off.

The train left for its destination at 11.30 am.

People fleeing quarantine has been a common problem reported from different parts of the country.

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