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How to prevent repeat of US Capitol attack

As details emerge about the Janaury 6 attack on the Capitol, it’s become clear that some of the rioters were planning far worse acts of violence, and national-security officials at all levels of government were utterly unprepared. Congress should conduct an urgent and thorough investigation to determine what went wrong and how to stop it from happening again. The immediate ...

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India’s ‘richest men’ caught in crossfire over farming laws

Bloomberg Two of India’s richest men have landed in an unlikely controversy over farming laws, becoming targets of protesters who allege the tycoons have benefited from their close links to PM Narendra Modi. For weeks, tens of thousands of farmers have camped outside the nation’s capital, demanding the withdrawal of recently passed legislation they say, without evidence, was designed to ...

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Malaysia says ‘not slow’ in getting vaccines

Bloomberg Malaysia isn’t a laggard in securing vaccines, Science Minister Khairy Jamaluddin said, seeking to allay concerns about the speed of the country’s purchases of shots. The nation is set to get its first delivery of vaccines before the end of February and the government will try its best to get as many people inoculated within a year, he said. ...

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Covid-19: China to donate vaccine doses to Philippines

Bloomberg China will donate 500,000 coronavirus vaccine doses to the Philippines and vowed to accelerate infrastructure investment in the Southeast Asian nation as ties between the two improve. The pledge was made by Chinese Foreign Minister Wang Yi during meetings with Filipino counterpart Teodoro Locsin and President Rodrigo Duterte in Manila, according to statements from Duterte’s office and the Philippines’ ...

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India gold sales likely to climb as buyers unleash pent-up demand

Bloomberg Gold demand in the world’s second-biggest user will rebound this year after collapsing in 2020 as the rollout of vaccines pushes life back closer to normal, according to the World Gold Council (WGC). Some of the weddings and festive buying that had been postponed because of the pandemic will come back in 2021, and this pent-up demand will boost ...

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HK expects jobless rate to top 16-year high

Bloomberg Hong Kong’s unemployment rate for the three months ended December is likely to exceed the highest level in 16 years because of the impact of tightened coronavirus restrictions, Financial Secretary Paul Chan said on his blog on Sunday. The latest jobless rate is scheduled to be released on Tuesday. Unemployment stood at a high of 6.4% for the three ...

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Billionaire-backed game startup kicks off India’s tech IPO rush

Bloomberg Nazara Technologies Ltd, the cricket games developer backed by billionaire Rakesh Jhunjhunwala, became the first Indian gaming technology company to seek a market debut as mobile entertainment takes off across the world’s No. 2 smartphone arena. The Mumbai-headquartered startup filed initial public offering documents with India’s market regulator. Its impending debut on the local exchanges could encourage other Indian ...

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Man arrested near Capitol with gun, 500 rounds of ammunition

Bloomberg A Virginia man was arrested when he tried to enter a restricted area near the US Capitol with unauthorised credentials, a loaded handgun, and hundreds of rounds of ammunition, according to police. Wesley Allen Beeler of Front Royal, Virginia, was stopped by US Capitol Police at about 6:30 pm, according to a police report. He had driven up to ...

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Roubini fears violence, cyber attacks during Joe Biden’s presidency

Bloomberg US economist Nouriel Roubini fears Joe Biden’s presidency will be marked by unrest and cyber attacks, according to an interview he gave to Der Spiegel. There will be additional armed riots, especially from white nationalists, and Russia and China will orchestrate more cyber attacks against the US and spread false information, Roubini, a professor at the Stern School of ...

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Indonesia volcano spews ash nearly 2.5 miles into sky

Bloomberg Mount Semeru volcano on Indonesia’s main Java island spewed hot ash as high as 4 kilometers (2.5 miles), prompting authorities to warn people to keep a distance. People shouldn’t carry out any activities within a radius of 1 kilometer from the crater, the country’s national disaster mitigation management in a statement. The volcano alert level was at “watch,” two ...

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