Kashmir: Non-local labourers leave after series of killings send shivers through Valley
·1 min read
On Monday, hundreds of labourers headed for the railway station at Srinagar's Nowgam to board trains for their hometowns. This, after Sunday witnessed the third attack on non-locals in Kashmir in two days. A street vendor from Bihar was previously killed in the Eidgah area of Srinagar on Saturday evening. Image courtesy: Quratulain Rehbar
In Srinagar, non-local labourers spent the entire day, without food, waiting for a train to take them home. Some said they hadn't slept all night after hearing about the killing of two more non-local labourers, who were shot dead in the evening hours of Sunday, in Kulgam. Image courtesy: Quratulain Rehbar
Russia said on Monday it was reinforcing its military base in Tajikistan with 30 new tanks and that its forces at the facility had carried out exercises with missile defence systems, highlighting Moscow's concern about turmoil in Afghanistan. The possibility of Islamist militants in Afghanistan infiltrating Tajikistan and other former Soviet republics in Central Asia is a worry for Moscow, which views the region as a defensive buffer to its south.
The dollar ticked higher on Monday as Treasury yields rose off last week's 2-1/2-month lows following news that initial observations suggested those suffering from the Omicron COVID-19 strain only had mild symptoms. That selloff had taken 10-year Treasury yields below 1.4% for the first time since late-September and boosted the safe-haven yen and Swiss franc. "The dollar is capitalising on the narrative of the Fed sticking to its plans for quicker tapering, which is what we had last week from (Fed Chair Jerome) Powell," said ING Bank FX strategist Francesco Pesole.
British new car registrations last month were 1.7% higher than a year earlier but almost a third below their average pre-pandemic level due to ongoing computer chip shortages, industry data showed on Monday. The Society of Motor Manufacturers and Traders (SMMT) said 115,706 new cars were registered in November, up from 113,781 in October but 31% below their average in the five years running up to the pandemic. Some 1.54 million new cars have been registered so far this year, compared with 1.50 million in the same period of 2020.
(Bloomberg) -- China Evergrande Group is planning to include all its offshore public bonds and private debt obligations in a restructuring that may rank among the nation’s biggest, people familiar with the matter said. The embattled developer’s stock tumbled to a record low, while a dollar bond suffered its biggest drop ever.Most Read from BloombergThe Hot New Trend For Hedge Funds Is—Finally—Female FoundersAutomating the War on Noise Pollution‘Ghost Signs’ Haunt London’s Reviving NeighborhoodsE
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Alec Baldwin has deleted his main Twitter account just days after his first sit-down interview about the Rust tragedy with ABC’s George Stephanopoulos. Overnight, the A-lister’s verified @AlecBaldwin account has been taken off Twitter and is listed as “this account doesn’t exist.” His other @AlecBaldwin___ account remains active although hasn’t been used for more than […]
China's central bank said on Monday it would cut the amount of cash that banks must hold as reserves, its second such move this year, releasing 1.2 trillion yuan in long-term liquidity to bolster slowing economic growth amid persistent COVID-19 cases. The People's Bank of China (PBOC) said on its website it would cut the reserve requirement ratio (RRR) for banks by 50 basis points (bps), effective from Dec. 15. The cut will not apply to financial institutions with existing RRR of 5%, it said, adding that the weighted average RRR for financial institutions will be at 8.4% after the new reduction.
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Orange, France's largest telecoms operator, and Britain's Vodafone discussed a merger of equals between mid-2020 and early 2021 but then abandoned the project due to French opposition, BFM TV reported, quoting sources. The French state, which owns 23% of Orange, was wary of losing some control and seeing the headquarters of the new company move to London, BFM said, adding that the two firms might still be discussing a smaller scale alliance. Orange declined to comment on the report.
CBC NL is kicking off the annual Make the Season Kind campaign for the month of December with special programming and a virtual coming together in support of food banks across the province. This year, CBC NL is continuing to partner with the Community Food Sharing Association, an organization that distributes to food banks across Newfoundland and Labrador year-round to help keep pantries stocked for people in need. Included is the annual Feed NL Day on Dec. 10, which in 2020 helped raise $193,81