36 dead in bus crash in Indian Himalayas

Update 36 dead in bus crash in Indian Himalayas
This handout photograph taken on November 4, 2024, and released by the Department of Information and Public Relations (DIPR) Uttarakhand shows people at the site of a bus accident after it fell into a gorge at Almora district in India's Uttarakhand state. (Department of information and public relations Uttarakhand/AFP)
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Updated 04 November 2024
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36 dead in bus crash in Indian Himalayas

36 dead in bus crash in Indian Himalayas
  • Hundreds of people die in road accidents in India every year
  • Indian PM offers condolences to victims of bus accident 

Dehradun, India: A bus in India plunged into a deep Himalayan ravine on Monday, killing at least 36 passengers and injuring several others, a government official said Monday.

Photographs released by government rescue teams showed the crumpled wreckage of the bus in thick undergrowth, with the twisted front of the vehicle squashed nearly flat.

Road accidents are common along the many mountainous roads in the Himalayan region, caused mostly by poor maintenance and reckless driving in the tortuous terrain.

“So far, 36 casualties have been confirmed,” Deepak Rawat, a senior official from the northern state of Uttarakhand told reporters.

“Three critically injured have been sent to hospital using a helicopter.”

A human chain of volunteers lined the steep slopes, and across a rushing river, helping pull out the wounded from the remains of the bus. Dead bodies were carried out and laid on the back of a truck.

Prime Minister Narendra Modi offered his “deepest condolences to those who have lost their loved ones in the unfortunate road accident.”

Modi’s office said in a statement that the families of those killed would receive 200,000 rupees ($2,380) in support, while those injured would get 50,000 ($595).

Uttarakhand Chief Minister Pushkar Singh Dhami said he had ordered an investigation into the accident, which took place in forested hills near the town of Almora.

Hundreds of people die in road accidents in India every year.


Turkiye detains 13 people in probe of fintech Papara, which acquired Pakistan’s SadaPay

Turkiye detains 13 people in probe of fintech Papara, which acquired Pakistan’s SadaPay
Updated 24 sec ago
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Turkiye detains 13 people in probe of fintech Papara, which acquired Pakistan’s SadaPay

Turkiye detains 13 people in probe of fintech Papara, which acquired Pakistan’s SadaPay
  • Papara is suspected of money laundering, illegal betting and establishing a criminal organization
  • Papara expanded by acquiring Pakistan-based SadaPay and Spain-based Rebellion Pay in 2023

ISTANBUL: Turkish authorities detained 13 people as part of an investigation into fintech company Papara over suspected money laundering, illegal betting and establishing a criminal organization, Interior Minister Ali Yerlikaya said on Tuesday.
Yerlikaya said authorities determined that the company, which provides online money transfers, foreign-exchange transactions and bill-payment services for its 21 million users, was allowing users to open accounts to transfer illegal betting income.
A report by state broadcaster TRT Haber said the detentions included Papara’s founder and chairman, Ahmet Faruk Karsli.
As part of the probe, the Savings Deposit Insurance Fund (TMSF) was appointed as a trustee to Papara by a court decision, following reports from the central bank, the Financial Crimes Investigation Board (MASAK), and other relevant institutions.
The central bank, which regulates payment firms, said on Tuesday it would implement daily limits to transactions made on the platform.
“In this process, which will be carried out in coordination with the relevant institutions, temporary daily limits will be applied to payment transactions at the institution,” the central bank said in a statement.
It also sought to reassure users, noting that “within the scope of the law, the funds of payment service users in payment and electronic money institutions are secured in protection accounts at banks.”
Yerlikaya said 10 companies, bank accounts and assets of the detained individuals were seized as part of the investigation.
A report by the financial crimes unit found that more than 26,000 accounts were used for illegal online betting, involving transactions worth 12.9 billion lira ($330 million), he added.
Papara, one of Turkiye’s fastest-growing fintech companies, did not immediately respond to a request for comment.
The company was founded in 2015 and received an electronic money institution license from the banking regulator BDDK the following year. It expanded abroad by acquiring Pakistan-based SadaPay and Spain-based Rebellion Pay in 2023.
According to its website, Papara had 21 million users as of last year. PPR Holding owns Papara, and Trade Registry data shows Karsli held about 90 percent of the company as of May 2024.


German army must use new funds responsibly, auditors say

German army must use new funds responsibly, auditors say
Updated 27 May 2025
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German army must use new funds responsibly, auditors say

German army must use new funds responsibly, auditors say
  • In March, Germany’s parliament approved plans for a massive spending surge
  • Key recommendations include a thorough review of tasks, prioritization of defense-critical duties

BERLIN: The German army must undergo significant organizational and personnel reforms to effectively utilize increased defense spending, the country’s federal audit institute said on Tuesday in a special report.

In March, Germany’s parliament approved plans for a massive spending surge, largely removing defense investment from the rules that cap borrowing.

The Bundesrechnungshof report highlights that despite relaxed debt rules, the Bundeswehr must prioritize its core mission of national and alliance defense while reducing administrative processes.

“’Whatever it takes’ must not become ‘money doesn’t matter!’” said Kay Scheller, president of the institute, emphasising the need for responsible financial management and increased efficiency in defense spending.

Key recommendations include a thorough review of tasks, prioritization of defense-critical duties, and restructuring the Bundeswehr to focus on “more troops, less administration.”

The Bundesrechnungshof recommends careful justification of financial needs, conducting efficiency analyzes, as well as maintaining a balance between time, cost and quality.

“It is crucial that these funds are used responsibly to significantly increase the effectiveness of defense spending,” Scheller said.


GCC, ASEAN leaders hold first trilateral summit with China

GCC, ASEAN leaders hold first trilateral summit with China
Updated 27 May 2025
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GCC, ASEAN leaders hold first trilateral summit with China

GCC, ASEAN leaders hold first trilateral summit with China
  • GCC, ASEAN leaders agree to increase trade volume to $180 billion, engage in FTA negotiations
  • Strategic cooperation between the regional blocs was established during their 2023 Riyadh summit 

KUALA LUMPUR/DUBAI: Leaders of the Gulf Cooperation Council and Association of Southeast Asian Nations convened in Kuala Lumpur on Tuesday for the second ASEAN-GCC Summit and a historic three-way meeting with China.

The ASEAN-GCC Summit and the inaugural ASEAN-GCC-China Trilateral Summit were held alongside the 46th ASEAN Summit, which Malaysia is hosting as the Southeast Asian bloc’s chair this year.

Malaysian Prime Minister Anwar Ibrahim, who opened the sessions, said the ASEAN-GCC relationship would be “key in enhancing inter-regional collaboration, building resilience and securing sustainable prosperity for all.”

Strategic cooperation between the 10-member grouping of Southeast Asian nations and the alliance of six Gulf states was established in October 2023, when they held their first summit hosted by Saudi Arabia.

Their meeting in Kuala Lumpur — and the inclusion of China in the talks — comes against a backdrop of geopolitical uncertainty, recently heightened by global tariffs imposed last month by US President Donald Trump.

While most countries were granted a 90-day reprieve from the measures, Southeast Asia’s major economies have since been engaged in efforts to diversify their trading networks.

ASEAN and GCC representatives — including Qatari Emir Sheikh Tamim Al-Thani, the crown princes of Bahrain and Kuwait, and Saudi Foreign Minister Prince Faisal bin Farhan — have agreed to increase bilateral trade and engage in free trade negotiations.

The GCC is now ASEAN’s seventh-largest trading partner, with total trade reaching $130.7 billion in 2023.

“We aim to increase this figure to $180 billion by 2032, as there remains substantial untapped potential in bilateral trade and investment,” Kuwait’s Crown Prince Sheikh Sabah Al-Khalid, who is also the president of the current session of the Supreme Council of the GCC, said during the summit.

“We would like to underscore the importance of continuing cooperation in the fields of economy, trade, investment and the arts, and we look forward to the positive outcomes of free trade agreement negotiations between both sides, which will open up investment opportunities and support regional development.”

As the Southeast Asian and Gulf leaders were joined by Beijing’s delegation, led by Chinese Premier Li Qiang, Anwar welcomed the tripartite meeting as a “landmark moment” in international cooperation.

“I am confident that ASEAN, the GCC and China can draw upon our unique strengths to shape a future that is more connected, more resilient and more prosperous for generations to come,” he said.

“ASEAN has long demonstrated that regionalism, anchored in consensus, respect and openness, can succeed. We have thrived in our longstanding partnerships with the GCC and China. Today, we have the opportunity to elevate these ties.”

The combined economies of the GCC, ASEAN, and China now total nearly $25 trillion, with a combined population exceeding 2 billion.

“China has long been a very strategic partner with ASEAN, being the largest trading partner of all ASEAN countries, and it has long taken part in ASEAN-related meetings ranging from ASEAN Plus to ARF (ASEAN Regional Forum),” Dr. Oh Ei Sun, principal advisor at the Pacific Research Center in Kuala Lumpur, told Arab News.

“China has the technology, GCC the money, and ASEAN the market ... As protectionism and unilateralism are on the rise globally, these groupings see the need to strengthen multilateralism, not the least with bringing themselves closer together.”

Amid global turbulence, economic fragmentation and shifting power dynamics, the Kuala Lumpur summits showed the growing ambitions of Southeast Asia and the Gulf region to play a more influential role in international markets and geopolitical affairs.

“This isn’t just another summit, it signals that these regions want a bigger say in how the global economy is run and despite the external factors,” said Kamles Kumar, associate director at Asia Group Advisors in Kuala Lumpur.

“The Global South is no longer content to be on the sidelines.”

China’s participation could be seen as Beijing’s intent to stay close to rising regional alliances, especially in the face of US policies.

“It’s about influence with securing energy links with the Gulf and reinforcing trade ties with ASEAN, while positioning itself as an indispensable partner in South-South cooperation,” Kumar said.

“There is a recognition that momentum is shifting. The quiet push for deeper ASEAN economic cooperation, including conversations around regional supply chains, green infrastructure, and trade integration, is drawing attention. China’s presence underscores that no major player wants to be left out of what comes next.”


Ukrainian climber released from detention days after record-breaking Everest ascent

Ukrainian climber released from detention days after record-breaking Everest ascent
Updated 27 May 2025
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Ukrainian climber released from detention days after record-breaking Everest ascent

Ukrainian climber released from detention days after record-breaking Everest ascent
  • “Andrew is now out of custody after a misunderstanding,” said Ushakov’s public relations team
  • “He is currently working to clarify all matters with the relevant authorities“

KATMANDU: Ukrainian climber Andrew Ushakov, who completed a journey from sea level to the summit of Mount Everest in a record four days, has been released on bail following his arrest for carrying undeclared foreign currency, a Nepali official told Reuters on Tuesday.

“He has to face the charges in court,” said Chandi Prasad Ghimire, director general of the Department of Revenue Investigation. “If he chooses to raise hands (not fight the case in court) he forfeits the bail money.”

Ghimire had previously said that the bail was set at $60,000 — three times the amount allegedly carried by Ushakov, 40, when he was taken into custody on Sunday.

“Andrew is now out of custody after a misunderstanding,” Ushakov’s public relations team told Reuters on Tuesday. “He is grateful for the support he has received and is currently working to clarify all matters with the relevant authorities.”

Ushakov, a structural engineer who lives in the United States, flew from New York to Nepal on May 15 before scaling Everest without the usual period of several weeks of acclimatization.

He said he did not use Xenon, the gas inhaled by four British former special forces soldiers who scaled Earth’s highest mountain last week, in five days, after leaving London. The climbers used Xenon to pre-acclimatize themselves to the low-oxygen environment they would encounter as they journeyed toward the 8,849-meter summit.

Police official Nakul Pokhrel said that the undeclared foreign currency was detected during baggage screening as Ushakov readied to board a plane leaving Katmandu, Nepal’s capital city.

Anyone carrying foreign currency worth more than $5,000 is required to declare it to the authorities in Nepal.


Trump administration moves to cut $100m in federal contracts for Harvard

Trump administration moves to cut $100m in federal contracts for Harvard
Updated 27 May 2025
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Trump administration moves to cut $100m in federal contracts for Harvard

Trump administration moves to cut $100m in federal contracts for Harvard
  • President Donald Trump has railed against Harvard in an intensifying clash
  • Harvard filed a lawsuit April 21 over the administration’s calls for changes to the university’s leadership

WASHINGTON: The Trump administration is asking federal agencies to cancel contracts with Harvard University worth about $100 million, a senior administration official said Tuesday.

The government already has canceled more than $2.6 billion in federal research grants for the Ivy League school, which has pushed back on the administration’s demands for changes to several of its policies.

A draft letter from the General Services Administration directs agencies to review contracts with the university and seek alternate vendors. The administration is planning to send a version of the letter Tuesday, the official said. The official spoke on the condition of anonymity to describe internal deliberations.

The New York Times first reported on the letter.

President Donald Trump has railed against Harvard in an intensifying clash with the nation’s oldest and wealthiest university, calling it a hotbed of liberalism and antisemitism.

Harvard filed a lawsuit April 21 over the administration’s calls for changes to the university’s leadership, governance and admissions policies. Since then the administration has slashed the school’s federal funding, moved to cut off enrollment of international students and threatened its tax-exempt status.

The administration has identified about 30 contracts across nine agencies to be reviewed for cancelation, according to another administration official who was not authorized to speak publicly and provided these details on the condition of anonymity. The contracts total roughly $100 million, including executive training for Department of Homeland Security officials.

Agencies with contracts that are deemed critical are being directed not to halt them immediately, but to devise a plan to transition to a different vendor other than Harvard.

The letter applies only to federal contracts with Harvard and not its remaining research grants.