Friday, June 26, 2015

Six In The Morning Friday June 26

'Man decapitated' in French attack

A man has been beheaded and at least one other person injured in a suspected Islamist attack on a factory near the French city of Lyon.
Several small explosive devices were also set off at the Air Products factory in Saint-Quentin-Fallavier, sources said.
The alleged attacker is said to have been carrying an Islamist flag, which was found nearby.
A man has been arrested, officials say.
Interior Minister Bernard Cazeneuve is said to be on his way to the scene.


Is the Chinese stock market bubble about to burst?


The value of Chinese equities has grown at a phenomenal rate over the past year. But some now fear the only way is down


 
 

Shanghai Duolun Industry, a Chinese real estate company, managed to win over investors with a little re-branding in May.
In the midst of a boom for technology stocks, the company changed its name to “P2P Financial Information Service Co”. The company hasn’t actually developed a peer-to-peer lending business – it just bought the domain name www.p2p.com – but its shares jumped 10 per cent anyway.
P2P Financial Information Service wasn’t alone in this strategy. One Chinese floorboard company doubled its share price by shifting to online gaming. A hotel group became a high-speed rail company and a ceramics specialist re-branded itself as a clean-energy group. Investors rewarded these decisions.






Thailand blocks human rights group's launch of Vietnam report

Police prevent launch of report on Vietnam’s persecution of ethnic minority, saying it could affect national security and bilateral relations


Thailand’s military government has forced a human rights group to cancel the launch of its report on the Vietnamese government’s persecution of an ethnic minority, saying it could affect national security and bilateral relations. 
The 33-page report by the New York-based Human Rights Watch describespersecution of Montagnard Christians in Vietnam’s central highlands, whose religious practices have been described by the government as “evil”.
Thai police said in a statement on Friday the scheduled event at the Foreign Correspondents Club of Thailand (FCCT) could “have an impact on the country’s security or could affect the friendship and cooperation between Thailand and Vietnam”.

Turkey stands accused as Islamic State attacks Kobane

June 26, 2015 - 3:41PM

Richard Spencer


London: Turkey has been accused of allowing fighters from the so-called Islamic State to cross its border to attack the Kurdish town of Kobane, months after the jihadists were driven out.
Twin car bombs were detonated close to the border crossing at the Turkish town of Mursitpinar, and Kurdish activists and residents claimed the bombers had crossed from the Turkish side, despite a heavy police presence.
A convoy of cars carrying up to 40 IS fighters - reportedly using the uniform of Kurdish YPG militia as a disguise - then attacked Kobane from three sides in the early hours of yesterday.
Kobane became an important symbol in the battle against IS after the group launched an offensive against the town last year. Kurdish forces backed by US-led air strikes waged a four-month battle to repel the group, finally securing the town in January.

Tanzanian court orders extradition of Islamist rebel leader to Uganda

The leader, Jamil Mukulu, said he would appeal against the decision.



Tanzanian court ordered an Islamist rebel leader on Thursday to be extradited to Uganda to face murder charges, though he said he would appeal against the decision.
Jamil Mukulu was described as the head of the Allied Democratic Forces (ADF), an organization blamed for a string of attacks in western Uganda and the capital Kampala that killed 1,000 people between 1998 and 2000.
He is also wanted in connection to fighting in neighboring Democratic Republic of Congo (DRC) and Uganda's government has said his organization is linked to Somalia's Islamist al Shabaab militants.

Japan in twist over controversial 'bike helmet' design for Olympic stadium


Updated 0446 GMT (1146 HKT) June 26, 2015


Japan appears set to proceed with a controversial design -- likened by some critics to a giant bike helmet -- for its centerpiece stadium for the 2020 Tokyo Olympics, despite heated objections to the project, an official said Wednesday.
Furthermore, the cost of the project is now predicted at 250 billion yen ($2.02 billion) -- a huge rise from the 162 billion yen ($1.31 billion) proposed earlier.
Iraqi-British architect Zaha Hadid's ultramodern design for the stadium, selected as the winner of an international competition, will be significantly larger and more expensive than its recent predecessors, and has faced scathing criticism since it was unveiled.

Flawed police plan blamed for Marikana massacre

South African President Jacob Zuma releases much-awaited report on police operation in 2012 that killed 34 miners.


Azad Essa |  

The police operation that led to the deaths of at least 34 striking miners in the mining town of Marikana in 2012 was tactically defective, a Commission of Inquiry into the killings has found. 

Releasing the commission's report to the public on Thursday night, South African President Jacob Zuma said: "The commission found that the police operation should not have taken place because of the defects in the [tactical] plan."

The commission, which was chaired by retired judge Ian Farlam, and appointed by the presidency in August 2012 to investigate the events in Marikana that left 44 people dead during a protracted wage strike, "found that it would have been impossible to disarm and disperse the strikers  without significant bloodshed".










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