Showing posts from 2018

150 killed in 24 hours in battle for Hodeidah

At least 150 people have been killed in 24 hours of clashes in Yemen’s Hodeidah, medics and military sources said on Monday. Government loyalists supported by a Saudi-led coalition are fighting to oust the Iran-backed Houthi rebels from the Red Sea city, whose docks are a lifeline to 14 million Yemenis at risk of starvation. In a statement sent via the Telegram messaging app, the Houthis said they had “lured” loyalists up the western coastline of Hodeidah, where the rebels then launched an attack. Government forces, led on the ground by Emirati-backed troops, have made their way into Hodeida after 11 days of clashes, reaching residential neighbourhoods in the east on Sunday. Medics in hospitals across Hodeidah province reported 111 rebels and 32 loyalist fighters killed overnight, according to a tally. Nearly 600 people have been killed since clashes erupted in Hodeidah on November 1.

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Stan Lee, creator of a galaxy of Marvel superheroes, dies at 95

As the top writer at Marvel Comics and later as its publisher, Stan Lee was widely considered the architect of the contemporary comic book. He revived the industry in the 1960s by offering the costumes and action craved by younger readers while insisting on sophisticated plots, college-level dialogue, satire, science fiction, even philosophy.
Stan Lee, the creative dynamo who revolutionized the comic book and helped make billions for Hollywood by introducing human frailties in Marvel superheroes such as Spider-Man, the Fantastic Four and the Incredible Hulk, died Monday. He was 95. Lee was declared dead at Cedars-Sinai Medical Center in Los Angeles, according to Kirk Schenck, an attorney for Lee’s daughter, J.C. Lee. As the top writer at Marvel Comics and later as its publisher, Lee was widely considered the architect of the contemporary comic book. He revived the industry in the 1960s by offering the costumes and action craved by younger readers while insisting on sophisticated plots…

Met sounds heavy rain alert for Kerala,India till Monday, most districts already under water

The India Meteorological Department announced a red alert for Idukki and Wayanad till August 14 and orange alert till August 15. Kannur has been put on red alert till August 13 and orange alert till August 15.
Union Minister K J Alphons said that 11 out of Kerala’s 14 districts have been inundated by floods and teams of armed forces, sent by the Centre, have been helping the state government tackle the situation over the last three days even as the rain eased up a bit on Saturday after three days of heavy downpour. Alphons, who hails from the state, also said that National Disaster Response Force (NDRF) personnel have also been sent and Prime Minister Narendra Modi has spoken to Chief Minister Pinarayi Vijayan on the situation Meanwhile, the India Meteorological Department announced a red alert for Idukki and Wayanad till August 14 and amber alert till August 15. Kannur has been put on red alert till August 13 and amber alert till August 15. At least 30 people were killed, nearly 54,0…

No-confidence motion back on table as Monsoon Session of Parliament begins today

According to the rules, a notice of no-confidence motion can be moved only in the Lok Sabha with support from at least 50 MPs. The Speaker can allow debate if the House is in order; at the end, voting takes places

Trump to pardon controversial Indian American pundit Dinesh D’Souza

D’Souza’s pardon is also possibly the first for the Indian American community. US President Donald Trump on Thursday announced he will grant a full pardon to controversial Indian American conservative pundit Dinesh D’Souza, who pleaded guilty in 2014 to violating campaign funding law. “Will be giving a Full Pardon to Dinesh D’Souza today,” Trump tweeted. “He was treated very unfairly by our government!” This is Trump’s fifth pardon. Beneficiaries include controversial Arizona sheriff Joe Arpaio, who had been convicted of criminal contempt of a court, and Scooter Lobby, a George W Bush White House staffer convicted in 2007 of leaking the identity of an undercover CIA officer. D’Souza’s pardon is also possibly the first for Indian Americans, a tiny but prosperous community of 4 million that has been called a model minority for staying on the right side of law, among other things. D’Souza, who came to the US as a student from Mumbai and went on to work in the Reagan White House, pleaded …

Pakistan signs $1.5 billion defence deal with Turkey

Following sharp cuts in military aid from the United States, Pakistan has turned to other countries for purchasing military hardware. Pakistan has signed a deal with Turkey for the purchase of 30 attack helicopters estimated to be worth about $1.5 billion, against the backdrop of a massive cut in military aid for Islamabad from Washington. The confirmation of the deal that had been in the pipeline for more than three years was made in the manifesto released by Turkey’s ruling Justice and Development Party (AK Parti) ahead of the general election scheduled for June, Jane’s Defence Weekly reported. The manifesto said that “a very short while ago a contract for the sale of 30 attack helicopters was signed with Pakistan”. It did not give further details. The Turkish government did not disclose the cost of the deal for the T129 ATAK helicopters, but aerospace industry sources estimated the contract to be worth about $1.5 billion, almost equivalent to Turkey’s annual defence exports. This w…

Kairana bypoll results blot BJP’s election playbook ahead of 2019 Lok Sabha test

The BJP won two of four seats in the Lok Sabha bypolls, and just one of 10 seats in the assembly by-elections, while losing the critical Kairana seat in Uttar Pradesh. The results of the latest round of by-elections to the Lok Sabha before the 2019 general elections, a set of nine assembly by-elections, and an election for one assembly seat in Karnataka delivered a major political setback to the Bharatiya Janata Party (BJP), raised questions about the sustainability of its electoral dominance, and generated much cheer in the opposition ranks on Thursday. The BJP-led National Democratic Alliance won two of the four Lok Sabha bypolls (Palghar in Maharashtra and the sole seat in Nagaland) and only one of the 10 assembly seats (Tharali in Uttarakhand). The Nationalist Congress Party (NCP), in alliance with the Congress, won the Bhandara-Gondia parliamentary seat in Maharashtra. But in what is being seen as the most politically significant outcome, and a boost to prospects of opposition un…

Israel-Iran flare-up raises spectre of major confrontation

Deadly strikes by Israel against alleged Iranian sites in Syria have raised fears of a dramatic escalation in regional conflict
Deadly strikes by Israel against alleged Iranian sites in Syria have raised fears of a dramatic escalation in regional conflict, but the situation remains shrouded by conflicting accounts and uncertainty. Israel says its raids early Thursday were in immediate response to Iranian missiles raining down on the occupied Golan Heights. But there has been no official statement from Iran, and analysts in Tehran say any missile strikes were conducted by the Syrian military. Outside observers see a dangerous game of brinkmanship. “The rules of the game are worked out by trial and error, by push and shove. The pushing and shoving has become more intense,” said Heiko Wimmen, of the International Crisis Group. “We are getting closer to the brink,” he said. Israel has repeatedly warned that it considers an entrenched Iranian military presence in war-ravaged Syria to be a …

Australian police find 7 dead, including 4 children, with gunshot wounds

Australian police found seven dead people on Friday, including four children, in a rural town in the Margaret River wine-growing region

India at greater risk of crude prices staying high for a long period

Oil is India’s biggest import and elevated prices along with a weaker rupee will widen the trade deficit, fuel imported inflation and squeeze government finances. India sees a greater probability of global crude oil prices remaining high for a longer period, a scenario that threatens to dent growth and fan inflation in Asia’s third-largest economy. The government will have to watch crude prices before preparing any policy response, a finance ministry official told reporters in New Delhi, asking not to be identified, citing rules. Oil supplies from Iran are also likely to be constrained after the US reinstated financial sanctions on the Islamic Republic, the official said. Brent crude rose as much as 3.1% Wednesday to $77.20 per barrel, its highest level since November 2014. India’s central bank estimates oil at $78 a barrel would shave off 10 basis points from its 7.4% forecast for gross domestic product growth in the year to March 2019. Moreover, it expects costly crude could stoke i…

Walmart’s $16 billion deal makes Flipkart’s Bansals billionaires again

Flipkart’s founders have been billionaires before, but they lost that status as the firm’s valuation dipped. It was valued at about $12 billion last year, according to researcher CB Insights. The world’s wealthiest family has just bestowed billionaire status on two of India’s most feted tech entrepreneurs. Walmart Inc., controlled by the Walton family, led a group that bought a 77% stake in Flipkart Online Services Pvt. The deal valued the Indian company at about $21 billion. Flipkart co-founders Binny and Sachin Bansal (who aren’t related) were both Inc. employees who quit to start their own e-commerce firm. Before the deal they each owned about 5%, according to a Bloomberg analysis of the company’s annual return filed in Singapore. Sachin Bansal will sell his entire stake to Walmart while Binny Bansal will sell part of his to the American retailer. The deal should give each a fortune of about $1 billion, although that status may be short-lived as the pair may have to pay …