Tag Archives: ‘hurt

At least 18 dead, hundreds hurt as quake hits eastern Turkey

At least 18 dead, hundreds hurt as quake hits eastern TurkeyA 6.8-magnitude earthquake rocked a sparsely-populated part of eastern Turkey on Friday, killing at least 18 people, injuring more than 500 and leaving some 30 trapped in the wreckage of toppled buildings, Turkish officials said. Rescue teams from neighboring provinces were dispatched to the affected areas, working in the dark with floodlights in the freezing cold, and Defense Minister Hulusi Akar said troops were on standby to help. TV footage showed rescuers pull out one injured person from the rubble of a collapsed building in the district of Gezin, in the eastern Elazig province.



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Impeachment trial fallout: Trump could get his wish — to hurt Biden

Impeachment trial fallout: Trump could get his wish — to hurt BidenDetails about Hunter Biden could complicate life for Joe Biden — exactly what Trump was trying to do with his Ukraine scheme last summer.  



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Asia’s Big Trade Pact Will Hurt the Global Economy

Asia’s Big Trade Pact Will Hurt the Global Economy(Bloomberg Opinion) — From a political perspective, India’s decision overnight to walk away from immediate involvement in a trade zone encompassing half the world’s population and a third of its economy is good for almost everyone.The government of Prime Minister Narendra Modi no longer needs to make difficult concessions on agricultural trade. Other members of the Regional Comprehensive Economic Partnership group, or RCEP, won’t need to open their home markets to India’s thriving, and low-cost, services sector. China, the linchpin of a zone that also includes the Association of Southeast Asian Nations, Japan, South Korea, Australia and New Zealand, will be able to move forward faster with an agreement that was at risk of being jeopardized by India’s foot-dragging.The U.S., meanwhile, can take satisfaction from the fact that its key regional ally in New Delhi is remaining outside of Beijing’s orbit. A stronger RCEP that included India would almost certainly have revived politically fraught question of whether Washington should rejoin the rival Trans-Pacific Partnership agreement or TPP, which died in Congress under the Obama administration and was formally killed off by President Donald Trump. That’s precisely the problem, though. Trade agreements are hard precisely because deals that are worthwhile economically tend to be politically hazardous, and vice versa. India’s pause on the RCEP isn’t the cause of the parlous state of international commerce in 2019, but it’s another telling symptom of a global trading system where volumes are now falling at the fastest pace since the 2009 financial crisis.Both the RCEP and the pared-down, U.S.-free version of the TPP are better understood as attempts to harmonize trading standards than reduce tariff barriers.In part this is a result of the success of previous trade agreements, which have lowered border levies to the point where the more potent restraint on commerce is often non-tariff barriers, governing areas such as food safety, licensing, and rules of origin. Even within the more protectionist RCEP zone, the median trade-weighted tariff had fallen in 2017 to about 5.15%, a lower average rate than Australia or Canada imposed in the mid-1990s.Still, the effect of harmonizing standards at the regional-agreement rather than global level is the opposite of an opening of trade. The objection to the original TPP — that it resulted in the U.S. imposing its standards on other economies within the bloc — comes with the territory in such deals. The standards that are established across the zone inevitably resemble those of its largest member. That would be fine in a global agreement, but in a regional deal the effect is to raise barriers to nations outside the bloc with different rules.In the case of RCEP, that means smaller and lower-income countries in Southeast Asia are likely to become more closely entwined with China, while their links with potential partners outside the zone will fall behind. The reformed TPP, likewise, will bind those nations closer to each other than to the rest of the world. Only the handful of countries in both blocs — Japan, Australia, New Zealand and Singapore — stand a chance of benefiting as much as China.The result suggests that trade is moving in a similar direction to tech, with the world bifurcating into separate zones as tensions between China and the U.S. force nations to take sides. It’s a path that’s grimly reminiscent of the aftermath of World War II, when the U.S.-led Marshall Plan and Soviet-centered Comecon developed into rival trading blocs. That division split the global economy for the duration of the Cold War. We shouldn’t welcome its revival. To contact the author of this story: David Fickling at dfickling@bloomberg.netTo contact the editor responsible for this story: Matthew Brooker at mbrooker1@bloomberg.netThis column does not necessarily reflect the opinion of the editorial board or Bloomberg LP and its owners.David Fickling is a Bloomberg Opinion columnist covering commodities, as well as industrial and consumer companies. He has been a reporter for Bloomberg News, Dow Jones, the Wall Street Journal, the Financial Times and the Guardian.For more articles like this, please visit us at bloomberg.com/opinion©2019 Bloomberg L.P.



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France Concerned Turkey Offensive Could Hurt Islamic State Fight

France Concerned Turkey Offensive Could Hurt Islamic State Fight(Bloomberg) — France said Monday it was concerned about Turkish plans to launch an offensive against Kurdish militants in northern Syria, urging it not to take any measures that would undermine international efforts to defeat Islamic State.Islamic State “remains a significant threat to our national security. In Syria, the organization still has significant resources and capacities for action,” the French Foreign Ministry said in a statement. “We call on Turkey to avoid an initiative that would run counter to the interests of the global coalition” against Islamic State.France, which along with the U.S. and U.K. is part of the coalition to fight IS, has much at stake in Syria. The Kurdish YPG that Turkey wants to push from border areas in northeastern Syria was a key partner in the fight against the jihadist group and has tens of thousands of IS fighters and their families in its custody in camps and centers. They include foreign fighters that traveled to Syria to join Islamic State from European countries including France, which does not want them back.Donald Trump has expressed frustration that European countries have refused to take the IS fighters, and said Monday that his country would not stand in Turkey’s way.U.S. Won’t Stop Turkish Advance Into Syria in Major Policy Shift“Terrorist combatants in detention, including those of foreign nationality, must be tried where they have committed their crimes,” the French statement said. “This trial and their safe detention in northeastern Syria are also a security imperative to prevent them from strengthening the ranks of terrorist groups.”Foreign Minister Jean-Yves Le Drian told Parliament in May that about 450 French citizens, including children of Islamic State followers, were either being held by the Kurds or were active in northern Syria.To contact the reporter on this story: Helene Fouquet in Paris at hfouquet1@bloomberg.netTo contact the editors responsible for this story: Ben Sills at bsills@bloomberg.net, Lin NoueihedFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.



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Camp Shelby accident: What you need to know about the camp where 22 paratroopers were hurt

Camp Shelby accident: What you need to know about the camp where 22 paratroopers were hurtCamp Shelby, where an accident occurred Wednesday, is unfamiliar to many. What is it? Where is it? What happens there? Find answers to your questions.



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Trump's efforts to discredit Joe Biden backfired on him. Will they hurt the former VP anyway?

Trump's efforts to discredit Joe Biden backfired on him. Will they hurt the former VP anyway?The impeachment inquiry targeted at President Trump over Ukraine has created a complicated dynamic for former vice president Joe Biden's 2020 campaign.



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Eight dead, 100 hurt in 5.8 magnitude Pakistan quake

Eight dead, 100 hurt in 5.8 magnitude Pakistan quakeMUZAFFARABAD, Pakistan/ISLAMABAD (Reuters) – An earthquake of magnitude 5.8 shook northern Pakistan on Tuesday, killing eight people and injuring 100, government and police officials said. Media photos and video showed a collapsed building and cracks in roads large enough to swallow cars in Mirpur, a town on Pakistan’s side of the disputed territory of Kashmir near India. District commissioner Mohammad Tayyab said eight people were killed, including three children.



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More than 120 U.S. military construction projects to be hurt by Trump's border wall funding

More than 120 U.S. military construction projects to be hurt by Trump's border wall fundingMore than 120 U.S. military construction projects will be adversely affected as the Pentagon prepares to use $ 3.6 billion to help build or enhance 175 miles (282 km) of the border wall with Mexico, U.S. officials said on Tuesday. Earlier this year, President Donald Trump declared a national emergency in a bid to fund his promised wall at the U.S.-Mexico border. The emergency declaration allows the Trump administration to use money from the military construction budget and the Pentagon has said it could use $ 3.6 billion from the budget.



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More than 120 U.S. military construction projects to be hurt by Trump's border wall funding

More than 120 U.S. military construction projects to be hurt by Trump's border wall fundingMore than 120 U.S. military construction projects will be adversely affected as the Pentagon prepares to use $ 3.6 billion to help build or enhance 175 miles (282 km) of the border wall with Mexico, U.S. officials said on Tuesday. Earlier this year, President Donald Trump declared a national emergency in a bid to fund his promised wall at the U.S.-Mexico border. The emergency declaration allows the Trump administration to use money from the military construction budget and the Pentagon has said it could use $ 3.6 billion from the budget.



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Five dead, 21 hurt in Texas mass shooting

Five dead, 21 hurt in Texas mass shootingA gunman hijacked a US postal truck and opened fire at random in the US state of Texas Saturday, shooting dead at least five people and wounding many others before dying in a shootout with officers. Police identified the suspect as a white man in his mid-30s, but could not yet name him or say why he carried out the attack in the West Texas cities of Midland and Odessa. Coming less than a month after a gunman killed 22 people in the Texas city of El Paso, the latest bloodshed immediately ignited fresh calls for gun control to stem the US scourge of mass shootings.



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