Saturday, July 2

Day: July 17, 2016

Turkey says 6,000 detained over coup attempt as US relations fray
ENGLISH, Europe

Turkey says 6,000 detained over coup attempt as US relations fray

    Turkey says it has detained 6,000 people following Friday’s coup attempt, as Washington rejected claims that it was somehow involved in the failed putsch. “The cleansing [operation] is continuing,” said Bekir Bozdag, the Turkish justice minister, in a television interview. “Some 6,000 detentions have taken place. The number could surpass 6,000.” The US State Department released a statement denying any link to the events, after the Turkish government, a nominal US ally, blamed the coup on an exiled Turkish dissident who has been given sanctuary in the American state of Pennsylvania. “Public insinuations or claims about any role by the United States in the failed coup attempt are utterly false and harmful to our bilateral relations,” the State Department said, summarising a ...
Why Italy’s banking crisis will shake the eurozone to its core
ENGLISH, Europe

Why Italy’s banking crisis will shake the eurozone to its core

    Small savers protesting outside the Banca Etruria earlier this year. They call them le sofferenze the suffering. The imagery is striking, the thousands of sofferenze across Italy, unwanted and ignored, a problem unsolved. But despite the emotional name, these are not people. They are loans. Bad debts, draining banks of profits and undermining economic growth. The name is less clinical than the English term non-performing loans, a reflection of the Italian authorities’ emotional rather than business-like approach to the problem. None the less, the loans are indeed causing real suffering. The €360bn (£300bn) of sofferenze from Italian banks show borrowers are weighed down with debts they cannot afford, while the banks are struggling to offer new credit to the households and...
Ramifications of terror attacks in Bangladesh
Bangladesh, ENGLISH

Ramifications of terror attacks in Bangladesh

Dr Fahmida Khatun:  At a time when Bangladesh has broken the 6 percent growth trap and has begun its journey towards achieving a faster growth of about 7 percent, and at a time when Bangladesh has achieved the status of a lower middle income country with a per capita income of USD1314 in 2015, it experiences the greatest shock in recent times. This has suddenly changed the perspective on Bangladesh. The ruthless killing of 20 lives, including 17 foreigners at the Holey Artisan Bakery of Gulshan in Dhaka on July 1, 2016, by terrorists has brought new realities for Bangladesh. A country which boasts to be a moderately Islamic country, holding the values of Islam yet being tolerant to other religions and a country that is reputed for its warmth and hospitality towards foreign nationals, has c...
I am not embarrassed at all
Asia, ENGLISH

I am not embarrassed at all

    The brother of a murdered Pakistani celebrity yesterday said he is "not embarrassed" to have killed her, as Qandeel Baloch's death reignited polarising calls for action against the "epidemic" of honour killings. The strangling of Baloch, judged by many in deeply conservative Muslim Pakistan as infamous for selfies and videos that by Western standards would appear tame, has prompted shock and revulsion. "Yes of course, I strangled her," Baloch's brother Muhammad Wasim told reporters at a defiant press conference organised by police in the city of Multan early yesterday. "She was on the ground floor while our parents were asleep on the roof top," he continued. "It was around 10.45 pm when I gave her a tablet... and then killed her." "I am not embarrassed at all over what I d...
Nice attack: Killer’s sent photo of himself laughing as he walked through crowd before massacre, says brother
ENGLISH, Europe

Nice attack: Killer’s sent photo of himself laughing as he walked through crowd before massacre, says brother

    The identity of the driver of the truck, which rammed into the crowd at Bastille Day celebrations in Nice, France, has been confirmed as Mohamed Lahouaiej-Bouhlel. Claiming responsibility for the attack, Islamic State on July 16 issued a statement in its affiliated news agency Amaq saying: "The person who carried out the operation in Nice, France, to run down people was one of the soldiers of Islamic State." The police also arrested three more people in connection with the attack. On July 14, 2016, Lahouaiej-Bouhlel drove through the crowd for around 1.2 miles (two kilometers), which left at least 84 dead and injured hundreds at the famous Promenade des Anglais after a firework display. He was later neutralized by the security forces. The Tunisian man who killed at least 8...