POWERFUL EARTHQUAKE JOLTS TURKEY AND GREECE
Turkey is reeling under the impact of an earthquake that shocked the country
on Friday as tremors of a magnitude of 7 on the Richter Scale hit the Aegean
Sea, leading to massive loss of life and property.
As per news agency AFP, the disaster relief agency last reported 22 deaths
and over 700 injuries, while in Greece two teenagers died while on their way
home from school on Samos when a wall collapsed.
The quake was felt across the eastern Greek islands and even in the Greek
capital Athens. Greek media said the residents of Samos and other islands
fled their homes, while some rockfalls were reported.
As per Turkey's media reports, about 196 aftershocks were felt in the
country with 23 even hitting over the magnitude of 4 following the major
earthquake.
Turkey's Disaster and Emergency Management Presidency has earlier informed
that the death toll reached 17, with 709 injured. As per news agency AFP,
the disaster relief agency last reported 20 deaths and nearly 800 injuries,
while in Greece two teenagers died while on their way home from school on
Samos when a wall collapsed.
The quake was felt across the eastern Greek islands and even in the Greek
capital Athens. Greek media said the residents of Samos and other islands
fled their homes, while some rockfalls were reported.
The United States hailed both leaders' gestures of diplomacy. "It's great to
see both countries putting their differences aside to help each other during
a time of need. The United States also stands ready to assist," said Robert
O'Brien, the national security advisor.
The World Health Organization's (WHO) director basic Tedros Adhanom
Ghebreyesus mentioned that the worldwide physique was "closely following"
the scenario in Greece and Turkey after the earthquake. "We will work with
the two countries to ensure that emergency medical care is provided for
those in need. Our thoughts are with all those affected," he mentioned.
PARIS WITNESSES 700-KM-LONG TRAFFIC JAM AS SECOND COVID-19 LOCKDOWN BEGINS
IN FRANCE
Traffic around Paris hit record levels just hours before a new national
lockdown came into force across France.
Jams stretched to a cumulative 430 miles (700 km) in the Ile-de-France
region early on Thursday evening, local media reported.
Lockdown measures came into force at midnight on Friday (23:00 GMT) to
tackle spiralling Covid infections.
People have been ordered to stay at home except for essential work or
medical reasons.
President Emmanuel Macron said the country risked being "overwhelmed by a
second wave that no doubt will be harder than the first".
Daily Covid-19 deaths in France are at the highest level since April, and on
Thursday, authorities reported 47,637 new cases and 250 new deaths.
French media report that many Parisians have left the city - and their often
cramped apartments - to spend lockdown in the countryside.
Some travellers may have also been Parisians returning to the city after
holidaying elsewhere in the country during a French school holiday, which
ends this weekend with All Saints' Day.
Heavier-than-usual traffic and long tailbacks were also reported around the
major cities of Lyon and Bordeaux in the hours before the lockdown came into
force.
JACK MA'S ANT IPO LURES $3 TRILLION OF BIDS IN RETAIL FRENZY
Retail investors placed bids for a record $3 trillion of shares in Ant Group
Co Ltd`s initial public offering (IPO), set to be the world`s biggest, as
mom-and-pop savers bet on demand for its financial services in China.
Ant Group's dual listing is set to raise about $34.4 billion, split fairly
evenly between Shanghai`s STAR Market and Hong Kong, topping Saudi Aramco`s
$29.4 billion listing last December.
Investors, both retail and institutional, are rushing to buy into Ant, which
operates China`s biggest payments platform and other financial services,
despite risks of greater scrutiny at home and abroad.
The Shanghai leg of the IPO drew about 19 trillion yuan ($2.8 trillion) of
bids from retail investors, or 872 times the number of shares earmarked for
them, a company filing to the stock exchange showed on Thursday.
The Hong Kong tranche got HK$1.3 trillion ($168 billion) in bids, or 389
times the shares on offer, said people with knowledge of the matter on
Friday, declining to be identified as the information is not public yet.
The bookbuilding for the Hong Kong leg of the IPO of Ant, backed by
e-commerce behemoth Alibaba, ran from Monday to Friday, while books for the
Shanghai leg were open for one day on Thursday.
The $3 trillion of retail investor bids, equivalent to the gross domestic
product of the United Kingdom, comes against the backdrop of shaky global
markets ahead of next week`s U.S. presidential election and a dour global
economic outlook.
Investors in the IPO, however, have brushed aside company-specific and
broader market concerns on hopes that Ant will continue to benefit from the
rapid digitization of financial services in China.
Starting as a payments processor in 2004, Ant has built an empire in China
by offering its users short-term loans that are credited within minutes, and
selling insurance and investment products.
The unprecedented retail frenzy for Ant shares is backed by massive amount
of margin lending by financial institutions, with brokerages in Hong Kong
lending billions.
ANTI-FRANCE PROTESTS IN MUSLIM COUNTRIES
Thousands of Muslims, from Pakistan to Lebanon to the Palestinian
territories, poured out of prayer services to join anti-France protests on
Friday, as the French President's vow to protect the right to caricature
Prophet Muhammed continues to roil the Muslim world.
Demonstrations in Pakistan's capital Islamabad turned violent as some 2,000
people who tried to march toward the French Embassy were pushed back by
police firing tear gas and beating protesters with batons.
A few hundred demonstrators in Lebanon's capital Beirut flocked toward the
Palais des Pins, the official residence of the French Ambassador to Lebanon,
but found their way blocked by lines of police officers in riot gear. Waving
black and white flags with Islamist insignia, the Sunni Islamist activists
cried, "At your service, oh prophet of God."
The sight of anti-France protests in Lebanon is an embarrassment for Prime
Minister-designate Saad Hariri, who is trying to form a new government that
would implement a French plan for reform.
In Jerusalem, hundreds of Palestinians protested against Macron outside the
Al-Aqsa Mosque, the third holiest site in Islam, chanting, "With our souls
and with our blood we sacrifice for our Prophet, Muhammed."
Cries of "Death to France" rang out in Afghanistan's capital of Kabul and
several other provinces as thousands filled the streets. Demonstrators
trampled on portraits of Mr. Macron and called on Afghan leaders to shut
down the French Embassy, halt French imports and ban French citizens from
visiting the country.
In Bangladesh's capital Dhaka, tens of thousands marched through streets,
chanting "boycott French products" and carrying banners calling Mr.Macron
"the worlds biggest terrorist".
UK'S LABOUR WARNS AGAINST 'CIVIL WAR' AFTER CORBYN SUSPENSION
Britain's main opposition Labour party on Friday urged shocked members to
stand united against anti-Semitism, appealing against a renewal of
internecine "civil war" following the suspension of its left-wing former
leader.
Jeremy Corbyn was exiled pending an investigation after he refused to accept
all the findings of a report by the Equality and Human Rights Commission
(EHRC), which said his office had broken the law in its handling of
complaints by Jewish members.
New leader Keir Starmer, calling the report a "day of shame" for Labour,
said he was "deeply disappointed" in Corbyn for blaming party critics as
well as the media for exaggerating the scale of anti-Semitism.
Starmer has won strong backing from Jewish groups which, in evidence to the
EHRC, detailed a deluge of anti-Semitic abuse online and in party meetings
during Corbyn's leadership, including death threats at the hands of
left-wingers.
Jewish Labour Movement chair Mike Katz said the decision to suspend Corbyn
was "brave and correct," vowing to work with Starmer "and put this shameful
period behind us."
But Starmer acknowledged on BBC TV that the suspension had overwhelmed his
efforts to "recognize the hurt, draw a line and move on," even as he wages
increasingly effective attacks on the Conservative government's handling of
the coronavirus pandemic.
Prime Minister Boris Johnson's Conservatives are trying to exploit Labour's
divisions, noting Starmer had continued to serve in Corbyn's shadow Cabinet
when anti-Semitic incidents were on the rise.
Veteran socialist Corbyn vowed to fight the suspension and his supporters
are mobilizing, with the radical group Momentum planning an online rally
against Starmer's "naked attack on the left."
Corbyn ally Len McCluskey, the head of the Unite union, one of Labour's
biggest financial backers, said the suspension would "create chaos within
the party and in doing so compromise Labour's chances of a general election
victory."
UN DEFEATS RUSSIA RESOLUTION PROMOTING WOMEN AT PEACE TABLES
The U.N. Security Council has defeated a Russian resolution to commemorate
the 20th anniversary of a U.N. measure demanding equal participation for
women in activities promoting global peace. Opponents objected to its
failure to adequately address human rights and the key role of civil society
in pushing for gender equality and said it weakened the U.N. resolution
adopted in 2000 - claims Russia denied. The vote on the resolution was 5-0,
with 10 countries abstaining, less than the minimum nine "yes" votes
required for adoption. Germany's U.N. Ambassador Christoph Heusgen said
what's needed is action and implementation "not more words."
ACTIVISTS CONVERGE ON WARSAW FOR 'BIGGEST' PROTESTS AGAINST ABORTION RULING
Protesters converged on Warsaw from across Poland on Friday for what police
said would likely be the biggest demonstrations yet against a court ruling
that amounted to a near-total ban on abortion.
Tens of thousands of activists have mounted daily rallies, marching through
cities and disrupting church services in the predominantly Catholic country
since last week's Constitutional Court decision.
"We expect these to be the biggest protests since the verdict," Warsaw
police spokesman Sylwester Marczak said, adding: "Considering how big they
can be, we always use the support of the police from other garrisons."
Military police began erecting barriers near the parliament and in other
parts of the capital.
Protest group Strajk Kobiet (Women's Strike) said on its Facebook page
demonstrators would gather in three locations in the city centre from 1600
GMT.
The movement's leader, Marta Lempart, told activists to report any attacks
and to resist any attempt to prosecute or fine them for taking part. "We are
doing nothing wrong by protesting and going out on the streets," she told a
news conference.
Prime Minister Mateusz Morawiecki said this week the rallies could help the
coronavirus to spread. Last week the government banned gatherings of more
than five people, saying it was part of its efforts against COVID-19.
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