News Dabba for 14 March 2023: Five stories for a balanced news diet
Here are the daily updates that the internet is talking about through various news websites.
Indie Journal brings you the daily updates that the internet is talking about through various news websites. Here's a glance through some of the National and International news updates, from slump in global bank stocks, ruckus in Parliament, to Cyclone Freddy's devastation in <alawi, Mozambique.
Global bank stocks slump despite Biden reassurances on Silicon Valley Bank, BBC
BBC reports that bank shares in Asia and Europe have slumped, despite reassurances from the US president that America's financial system is safe following the collapse of two US lenders. The falls come after authorities moved to protect customer deposits when the US-based Silicon Valley Bank (SVB) and Signature Bank collapsed. As per the report, US President Joe Biden promised to do "whatever is needed" to protect the banking system. But investors fear other lenders may still be hit by the fallout. Read the full report here.
NDTV reports Congress counter BJP demands on Rahul Gandhi
Union Minister Piyush Goyal on Tuesday said Parliament cannot sit and watch as a member goes abroad and talks against the democracy of India, stepping up the offensive against Congress leader Rahul Gandhi. NDTV reported that both Lok Sabha and Rajya Sabha were adjourned soon after they met as the heated exchange between the BJP and Congress over Gandhi's remarks continued for the second day. Gandhi said at a London event that India's institutions are under attack and a large chunk of Indian democracy had "come undone". The report adds that Congress has trashed the ruling party's allegations and said "those crushing democracy are talking of saving it". Read the full report here.
Turkiye government races to build container cities, Arab News reports
The death toll in Turkiye from last month’s major earthquakes has risen to 48,448, Interior Minister Suleyman Soylu said. Arab News reports that authorities rush to set up container cities to the house for the longer term those left homeless by the disaster. The combined death toll including those killed in Syria has climbed to more than 54,000. The report adds that the earthquake and subsequent powerful tremors injured more than 1,15,000 in Turkiye and left millions sheltering in tents or seeking to move to other cities. President Tayyip Erdogan has pledged to rebuild homes within a year. Read the full report here.
Indian Express Investigation: India treasure trove in US museum linked to smuggler in TN jail
An investigation by The Indian Express, in association with the International Consortium of Investigative Journalists (ICIJ) and UK-based Finance Uncovered, has found that 77 antiquities in a New York Museum are linked to Subhash Kapoor, who is serving a 10-year prison term in Tamil Nadu for smuggling antiquities. The museum, Met, says they are ‘committed to responsible collecting of art’. The antiquities include 59 paintings. The report adds that the museum’s antiquities catalog reveals that the provenance of the 77 antiquities only shows that they were acquired from or “donated” by Kapoor, or his associate the late Doris Weiner and her daughter Nancy Weiner, or Kapoor’s gallery in Manhattan, Art of the Past (AOP). Read the full report here.
Al Jazeera: Cyclone Freddy death toll in Malawi, Mozambique passes 100
Al Jazeera reports that more than 100 people have been killed in Malawi and Mozambique after Cyclone Freddy. Freddy barrelled through Southern Africa at the weekend for the second time in a few weeks. Malawi bore the brunt, with at least 99 deaths. The report says another 134 people were injured and 16 are reported missing. In neighbouring Mozambique, at least 10 people died and 14 were wounded. Read the full report here.