DIRS.INFO The most relevant business & tech news

☆ Ivory Coast Seizes 100 Tons of Cocoa at the Border With Guinea
▼ + stars: | 2024-02-16 | by ( Feb. | At A.M. | ) www.usnews.com time to read: +2 min

That compares with 1,000 CFA francs a kilogram in Ivory Coast, where the price is fixed and guaranteed throughout the year. Global cocoa prices have hit record highs in recent months amid worries about a bean deficit this season and with concerns growing for the next. Ivory Coast and neighbouring Ghana, the world's second biggest producer, have said smuggling hampers their effort to meet their yearly production target. "This year, despite the high price in both countries compared to Ivory Coast, there is less leakage... People are really finding it hard to get cocoa out of Ivory Coast," said Abel Gbale, a cocoa buyer in Danane, the country's last major town before the borders with Liberia and Guinea. Amadou Konate, a cocoa buyer based in Man, the main city in western Ivory Coast, said cocoa producers earn nothing from smuggling and the middlemen pocket all the money.

Persons: Ivory Coast's, Yves Brahima Kone, Kone, Abel Gbale, Amadou Konate, Ange Aboa, Anait Miridzhanian, Bate Felix, Frances Kerry Organizations: Ivory, Cocoa Council, CFA, Reuters Locations: ABIDJAN, Guinea, West African, Liberia, Ivory Coast's, Ivory Coast, Sipilou, Ghana, Danane

☆ Chinese stocks are starting to turn around. How to play it
▼ + stars: | 2024-01-28 | by ( Evelyn Cheng | ) www.cnbc.com time to read: +5 min

Chinese stocks ended the week with four straight days of gains — a rare upswing after a dismal start to the year. "Investing in China, you have to have an active strategy," he said, emphasizing the need to focus on industries that receive policy support. All three are listed on mainland Chinese stock exchanges. In the past six months, foreign investors have pulled around $30 billion from mainland Chinese A shares, the report said. Citi analysts also include adidas and Kone in their basket of European stocks with China exposure.

Persons: David Chao, Chao, Pan Gongsheng, Edward Chan, Schelling Xie, Xie, CRRC, —, Peter Alexander, Alexander, — CNBC's Michael Bloom Organizations: Asia Pacific, People's Bank of China, PBOC, . Federal Reserve, Financial Regulatory Administration, CNBC, HSBC, Hong, Citi, adidas, Kone Locations: Asia, Japan, Invesco, China, Beijing, Hong Kong, Shanghai, U.S

☆ Investors spy value in cheap Finnish stocks after China and Russia pain
▼ + stars: | 2023-11-29 | by ( Danilo Masoni | ) www.reuters.com time to read: +4 min

Finnish stocks are Europe's biggest laggards this year, as risks stemming from tensions with Russia and concerns over China's stuttering recovery have hurt its exporters. The top 25 stocks in Helsinki are worth a combined $150 billion. The OMX Helsinki 25 (.OMXH25) has lost 10% this year, versus the STOXX 600's (.STOXX) 8% rally. "Finnish stocks are attractively valued and a lot of bad news is priced in," Alava said. "If the European economy recovers in 2024 as I expect, Finnish cyclical stocks should recover too... this could be a good time for long-term investors to increase holdings".

Persons: Finland's, Tomas Hildebrandt, EVLI, Hilderbrant, Hertta Alava, Henrik Ehrnrooth, Schindler, Nordea's Alava, LSEG, Danilo Masoni, Christina Fincher Organizations: OMX Helsinki, STOXX, Nordic, Novo Nordisk, Deutsche Bank, NATO, Russia, Zurich, Otis, Metsa Board, Thomson Locations: Russia, Helsinki, Finland, Europe, China, Ukraine, U.S, French, OMX Helsinki, Alava

☆ Amazon wants businesses to use its palm-scanning tech to let employees into the office
▼ + stars: | 2023-11-28 | by ( Annie Palmer | In Annierpalmer | ) www.cnbc.com time to read: +2 min

Amazon is expanding its palm-scanning technology beyond grocery stores and is rolling out a version that's designed for the business world. Companies already signed up for the biometric technology include IHG Hotels and Resorts, turnstile manufacturer Boon Edam, and Kone, an escalator and elevator provider. Amazon didn't disclose pricing for the service, which is available in preview in the U.S. starting Monday. Advocacy groups have criticized the service over privacy and security concerns, arguing it leads to increased surveillance. Earlier this month, Amazon debuted Astro for Business, a version of its household robot that it's framing as a roving security guard for businesses.

Persons: Edam, Kone, Dilip Kumar, It's Organizations: Companies, Resorts, Amazon, Foods, Sports, Business Locations: U.S

☆ Target says it's closing 9 locations over crime, but New York City crime stats surrounding its East Harlem store tell another story
▼ + stars: | 2023-10-07 | by ( Dominick Reuter | Jennifer Ortakales Dawkins | Alex Bitter | ) www.businessinsider.com time to read: +8 min

The company plans to open a location on 125th Street — less than 2 miles from the East Harlem store. A police cruiser outside a boarded-up retail store near Union Square in San Francisco in November 2021. Ethan Swope/Getty ImagesIn San Francisco, another complicated narrative on crimeIn San Francisco, a Target on Folsom Street location went viral earlier this year for its aisles of locked-down merchandise . AdvertisementAdvertisementWalgreens had been closing thousands of stores for years before it decided the fate of the five San Francisco locations. "That's why we're actively collaborating with legislators, law enforcement, and retail-industry partners to advocate for public-policy solutions to combat organized retail crime."

Persons: —, Djeneba Kone, she's, Brian Cornell, Jim Joice, Jennifer Ortakales Dawkins, Kone wasn't, That's, there's, Ethan Swope, shoplifters, James Kehoe, Kehoe, Cornell, we're Organizations: Service, Target, Aldi, Costco, East Harlem, New York City Police, St, Herald, East, Seattle Times, San Francisco Police Department, Walgreens, San, San Francisco Chronicle Locations: Harlem, Manhattan , New York, New York, San Francisco, Seattle, Spanish Harlem, El Barrio, Manhattan, Bronx, East Harlem, Columbus, SoHo, Folsom, Target's, Francisco

☆ I visited one of the 9 Target stores about to close. I found sad customers, many of whom blamed theft, and throngs of students hanging out in the aisles.
▼ + stars: | 2023-09-29 | by ( Jennifer Ortakales Dawkins | ) www.businessinsider.com time to read: +7 min

Jennifer Ortakales Dawkins/InsiderNaturally, customers like Michelle Rodriguez were stocking up on their cleaning and beauty supplies in preparation for the store's closure. Jennifer Ortakales Dawkins/InsiderEmployees were tight-lipped. Jennifer Ortakales Dawkins/InsiderParents like Krystle Rogers carted their children through the toy section. Jennifer Ortakales Dawkins/InsiderDjeneba Kone used to be one of those kids. Jennifer Ortakales Dawkins/InsiderWhile most of the kids I saw were respectful, that's not to say they don't cause some trouble.

Persons: It's, —, it's, Jennifer Ortakales Dawkins, Michelle Rodriguez, Rodriguez, she's, Let's, Krystle Rogers, She's, she'll, Djeneba Kone, doesn't, I've, that's, seltzer Organizations: Service, East, East Harlem locals, Yankee, Bronx ., Costco, Employees, Starbucks, Walmart Locations: East Harlem, Harlem, Manhattan, Bronx, New Jersey

☆ Inside Myanmar’s Escalating Assault on Civilians
▼ + stars: | 2023-07-31 | by ( Haley Willis | Weiyi Cai | ) www.nytimes.com time to read: +16 min

Your browser does not support the video tag. Your browser does not support the video tag. Your browser does not support the video tag. Your browser does not support the video tag. Your browser does not support the video tag.

Persons: Anthony Davis, “, Mr, Davis, ”, Maung, “ It’s, you’ve, Nyaung Kone, Maung Maung, Ngun Hoi, Hram Ling “, Ngun, Daw Thein Htay, Thein Htay, Htoke, Ma Gyi Sauk, Paung Hle Kone, Hle Kone, ” Mr, Tun Sein, Tragically Organizations: New York Times, Rohingya, National Unity Government, The Times, United Nations, Human Rights, “, Janes, Amnesty, Amnesty International, Education, Facebook, Myanmar, Myanmar Witness, Times Locations: Myanmar, trickling, Myanmar’s, Rakhine State, Rakhine, China, Russia, Sagaing, Kachin State, Pazigyi, Naypyidaw, Yangon Yangon, Yangon, Nyaung, Khuafo, Thantlang Township, Ngun, Thantlang, Salai, Ma Gyi, Paung, Sagaing’s Son, “

☆ Exclusive: Ivory Coast halts cocoa forward sales as rains hit production
▼ + stars: | 2023-07-13 | by ( Ange Aboa | ) www.reuters.com time to read: +4 min

SummaryCompanies Torrential rains hit Ivory Coast cocoa farmsIvory Coast CCC cocoa regulator says output could declineBlack pod fungal disease spreading in farmsABOISSO, Ivory Coast, July 13 (Reuters) - Ivory Coast has stopped selling contracts for cocoa exports for the 2023-2024 season after heavy rains battered and flooded farms in the world's top cocoa-producing nation in recent weeks, the head of the country's cocoa sector regulator told Reuters. Ivory Coast is in the middle of its April to November rainy season. But Ivory Coast and other major cocoa producers Ghana, Nigeria and Cameroon that account for around 70% of global production, have witnessed heavy tropical downpours in recent weeks. On May 15, tropical rains fell continuously for eight hours with unprecedented intensity in the Aboisso region in southeastern Ivory Coast, farmers and residents told Reuters. Farmers, cocoa pod counters, and cocoa exporters based in Ivory Coast, also told Reuters that they expected a significant decline in output during the first part of the main harvest.

Persons: Yves Brahima Kone, Barry Callebaut, Kone, Jean Paul Kadjo, Soubre, Kouman Kouadio, Kouadio, CCC's Kone, Ange Aboa, Bate Felix, Elaine Hardcastle Organizations: Ivory Coast, Reuters, United Nations, Cocoa Council, Cargill, Hershey, Nestle, Plantations, Thomson Locations: Ivory, ABOISSO, Ivory Coast, United, Ghana, Nigeria, Cameroon, Aboisso, Farmers, Akressi, San Pedro, Tai

CNN —Ma Khin Hla and her five siblings didn’t have time to run when a fighter jet buzzed over their village in Myanmar’s central Sagaing region. We didn’t get to run as it immediately dropped bombs.”When she opened her eyes after the strike on Tuesday, Ma Khin Hla said she saw her siblings’ bodies scattered around her. A monastery hit by the junta airstrike in Pale township, Sagaing region, Myanmar. CNN reached out to junta spokesperson Maj. Gen. Zaw Min Tun for comment on the airstrike but did not receive a response. Ma Khin Hla, whose five siblings were killed, said she has been forced to take shelter with relatives in another village.

Persons: Khin Hla, didn’t, ”, Ma Khin Hla, Zaw Htet, ” Zaw Htet, Min Aung Hlaing, “, Zaw Min Tun, Ar Lu Organizations: CNN, Facebook, Administration, Peoples Defense Forces, National Unity Government, SAC, United Locations: Myanmar’s, Sagaing, Nyaung Kone, Pale, Myanmar, Zaw, “, United Nations, Russia, China, Singapore

☆ These European companies cut jobs this year
▼ + stars: | 2023-05-16 | by ( ) www.reuters.com time to read: +4 min

TECH* ERICSSON (ERICb.ST): the telecom equipment maker will lay off 8,500 employees globally as part of its plan to cut costs, a memo seen by Reuters said. * NOKIA (NOKIA.HE): the Finnish telecom equipment maker said on May 3 it plans to cut up to 208 jobs in Finland. * PHILIPS (PHG.AS): the Dutch medical equipment maker on Jan. 30 said it would cut 6,000 jobs to counter falling sales and after a massive recall of its respiratory machines. * SAP (SAPG.DE): the German software company said on Jan. 26 it planned to shed 3,000 jobs, 2.5% of its global workforce, to cut costs and focus on its cloud business. * EVONIK (EVKn.DE): the German specialty chemicals producer said on April 3 it would cut 200 jobs as part of restructuring of its pet food unit.

☆ Artists give new life to Ivory Coast's neglected 'Pyramid'
▼ + stars: | 2023-04-24 | by ( Loucoumane Coulibaly | ) www.reuters.com time to read: +2 min

REUTERS/Luc GnagoABIDJAN, April 24 (Reuters) - International and local artists paint giant, colourful murals on the exterior of a 15-storey building in Ivory Coast's commercial capital called "the Pyramid," an architectural gem that fell into disuse 20 years ago. A symbol of Ivorian prosperity in the 1970s and one of the first towers built in the central business district of Plateau in Abidjan, this futuristic pyramid-shaped building was neglected for years. The project "Pyramid 2023, tomorrow is already born" aims to give it a second life. Through this initiative, Ivorian artistic director Lemon Otto renovates external facades of older building such as Pyramid, which was completed in 1973 under the direction of the Italian architect Rinaldo Olivieri. Many buildings in the business district are internationally known and could teach Ivorians about their own urban history, architects say.

☆ Union squeeze past Gladbach 1-0 to hold on to third place
▼ + stars: | 2023-04-23 | by ( ) www.reuters.com time to read: +1 min

BERLIN, April 23 (Reuters) - Union Berlin secured a 1-0 victory at Borussia Moenchengladbach on Sunday courtesy of a sumptuous Sheraldo Becker volley to remain in third place and stay on course for a Champions League-qualifying spot with five matches remaining. Gladbach tried to bounce back but Marcus Thuram and Manu Kone could not beat goalkeeper Frederik Ronnow. Union stay third on 55 points with Borussia Dortmund leading the title race on 60. Bayern Munich dropped to second place with 59 following Saturday's 3-1 loss at Mainz 05. Freiburg moved up to fourth spot, two points behind Union, after their 4-0 demolition of Schalke 04 earlier on Sunday.

☆ Sustainability Is the Focus of Building Refurbishment
▼ + stars: | 2023-04-13 | by ( Sponsor Post | Created Insider Studios With Kone | ) www.businessinsider.com time to read: +7 min

Both are mostly high-rise communities, growing fast and densely populated, but they represent two very different realities from a climate and sustainability perspective. One way is to focus on modernizing the buildings we already have, to create neighborhoods that adapt to the individual needs of residents. In a climate-aware, post-COVID-19 world, with an aging and tech-savvy population, the focus is now on the needs of connected micro-communities within livable cities." Data, including information from KONE elevators, can provide insights into people's movement in cities, and their changing behavior and needs. Kone"Modernizing an elevator, in an existing building, means we can reduce energy consumption by up to 70%, and a KONE elevator today is up to 90% more energy-efficient than its 1990s counterpart.

Nestle (NESN.S) and Hershey (HSY.N) said they paid the LID premium. But when the COVID pandemic cratered demand, global cocoa prices plunged before they built up a cushion. Ivory Coast and Ghana say companies should pay both premiums. Industry data from the International Cocoa Organisation (ICCO) shows cocoa output in Ivory Coast rose to record levels in the 2020/21 season. Of the roughly 2 million tonnes of cocoa Ivory Coast produces each year, between 20-30% is grown illegally in protected forests by an estimated 1.3 million people, many of them children.

☆ A portfolio manager at a $41 billion investment firm explains why US stocks aren't as attractive as their international counterparts — and shares 5 recession-resistant stocks to buy now
▼ + stars: | 2023-03-29 | by ( Lisa Kailai Han | ) www.businessinsider.com time to read: +8 min

Portfolio manager Emily Leveille shared 7 international stocks investors should consider buying now. After lagging behind their American counterparts for years, international equities may finally give US stocks a run for their money in 2023. Leveille is a portfolio manager who oversees the international growth strategy at Thornburg Investment Management, a firm with $41 billion in assets under management. As growth becomes more scarce during an economic slowdown, she believes that companies with resilient growth characteristics are best positioned to outperform. Another luxury brand Leveille owns is LVMH (LVMHF), which is known for its signature Louis Vuitton handbags.

☆ Key Finnish industries resolve wage disputes
▼ + stars: | 2023-02-05 | by ( ) www.reuters.com time to read: +1 min

HELSINKI, Feb 5 (Reuters) - Wage disputes in the Finnish technology and chemicals industries have been resolved, ending the risk of labour strikes that were due to begin next week, employers and a workers' union said on Sunday. The agreement is a key step in defining workers' pay rises in Finland as the tech industry has traditionally been considered a benchmark for other unions' demands. The Finnish Industrial Union said it had agreed to a two-year wage deal which will increase wages by 7% over two years for employees, including a one-off extra payment of 400 euros this year. The wage deal covers some 90,000 industrial employees, it said, adding a similar deal was reached for some 13,000 chemical industry employees. Reporting by Anne Kauranen and Essi Lehto, editing by Terje Solsvik and Toby ChopraOur Standards: The Thomson Reuters Trust Principles.

☆ An ex-McKinsey consultant shares 5 myths about management-consulting interviews — and what to prepare for instead
▼ + stars: | 2023-01-27 | by ( Hendrikje Rudnick | Nathan Rennolds | Business Insider Deutschland | ) www.businessinsider.com time to read: +4 min

An ex-McKinsey consultant listed five common myths about management-consulting interviews. Top management-consulting firms such as McKinsey & Company, Boston Consulting Group, and Bain & Company, known collectively as MBB, are notorious for their challenging interviews. Interviewers are trained to refrain from asking such things," Koné said. Instead, you'll face a series of case-study interviews where the interviewer will give you a problem from a previous project, he continued. "If you depend on specific knowledge to solve problems, you'll struggle when you have to tackle problems that take you out of your comfort zone.

☆ Elevator-maker Kone to slash 1,000 jobs, sees recovery in Asia
▼ + stars: | 2023-01-26 | by ( Anne Kauranen | ) www.reuters.com time to read: +1 min

HELSINKI, Jan 26 (Reuters) - Finnish elevator-maker Kone (KNEBV.HE) said on Thursday it would slash up to 1,000 jobs globally as it cuts costs and it expects demand to pick up in its main market China and elsewhere in Asia this year. The cuts will save 100 million euros annually from the beginning of next year, the company said, with 150 of the job losses coming from Finland. Kone posted stronger-than-expected fourth-quarter core earnings but its order intake declined more than analysts had expected. Its October-December adjusted operating profit rose by 1.6% to 365 million euros ($398 million) from 359.4 million euros a year earlier, beating the 333.6 million expected by 21 analysts in a poll provided by the company. ($1 = 0.9178 euros)Reporting by Anne Kauranen, editing by Terje Solsvik and Elaine HardcastleOur Standards: The Thomson Reuters Trust Principles.

☆ Gladbach crush Dortmund 4-2 for second straight defeat
▼ + stars: | 2022-11-11 | by ( ) www.reuters.com time to read: +1 min

BERLIN, Nov 11 (Reuters) - Borussia Moenchengladbach fired four goals past hapless Borussia Dortmund for a 4-2 victory on Friday to leave their opponents in sixth place following their second straight league loss. Gladbach, who have now won six of their eight home games so far, are in seventh place on 22 points, three behind Dortmund. Jonas Hofmann, fresh from his Germany World Cup squad inclusion, slotted in for the lead after four minutes before Julian Brandt, another World Cup-bound Germany international, drew the visitors level. Dortmund pulled a goal back with Nico Schlotterbeck's volley on the rebound but the Ruhr valley club were badly leaking at the back. Thuram should have added at least one more goal but he missed a string of golden chances as Dortmund faltered.

☆ Seeing a shift from elevator installation to servicing: KONE CEO
▼ + stars: | 2022-10-20 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailSeeing a shift from elevator installation to servicing: KONE CEOHenrik Ehrnrooth, CEO of KONE explains the company's pivot to servicing contracts as elevator and escalator installation volumes decline.

☆ Factbox: Companies sell their businesses in Russia
▼ + stars: | 2022-10-10 | by ( ) www.reuters.com time to read: +9 min

The logo of French tyre maker Michelin is seen at a company building in Boulogne-Billancourt, near Paris, France, August 6, 2022. REUTERS/Sarah Meyssonnier/File PhotoOct 10 (Reuters) - Some Western companies have agreed to sell their Russian assets or hand them over to local managers as they seek to comply with sanctions over the Ukraine conflict and deal with threats from the Kremlin that foreign-owned assets may be seized. Below is a list of firms by sector that have sold their businesses in Russia:AUTOS** British car distributor Inchcape (INCH.L) sold its Russian business to local managementRegister now for FREE unlimited access to Reuters.com Register** Italian truck and bus maker Iveco (IVG.MI) transferred its 33% stake in its AMT truck assembly joint venture in Russia to a local partner** French tyre maker Michelin (MICP.PA) intends to transfer its activities in Russia to a new entity under local management by end-2022** French carmaker Renault (RENA.PA) sold its majority stake in Avtovaz (AVAZI_p.MM) to a Russian science institute, and transferred all shares in Renault Russia to the city of Moscow** MAN Truck & Bus and Scania, units of German truck maker Traton (8TRA.DE), expect to sell their sales companies in Russia to local partners along with Scania's Russian financing business by Q1 2023BANKS** Britain's HSBC (HSBA.L) agreed to sell its Russian business to Expobank, subject to regulatory approvals in Russia** Czech investment group PPF sold its Russian banking assets, including consumer lender HCFB and its subsidiaries, to investors led by Ivan Tyryshkin** France's Societe Generale (SOGN.PA) sold its Russian business Rosbank (ROSB.MM) to Interros Capital, a firm linked to Russian oligarch Vladimir PotaninCONSUMER ELECTRONICS** Swedish home appliance maker Electrolux (ELUXb.ST) transferred its business in Russia to local management** Its Electrolux Professional (EPROb.ST) branch also sold its Russian business to local management** Whirlpool (WHR.N) sold its Russian operations to Turkey's Arcelik (ARCLK.IS)ELECTRICAL COMPONENTS & EQUIPMENT** Finland's Boreo (BOREO.HE) sold its 90% stake in YE Russia to companies controlled by its current director Yrjö Pönni** U.S. industrial firm Emerson Electric (EMR.N) agreed to sell its Russia business to the local management** Finnish elevator maker Kone (KNEBV.HE) expects to close the sale of its Russian business to local management in Q4 2022** France's Schneider Electric (SCHN.PA) expects to close the sale its Russian unit to local management by end-2022** U.S. elevator maker Otis (OTIS.N) sold its Russia business to local investment firm Ice DevelopmentENERGY** French industrial gases producer Air Liquide (AIRP.PA) agreed to shift its Russian assets to local management, subject to regulatory approvals in Russia** Baker Hughes (BKR.O) agreed to sell its oilfield services business in Russia to local management, with closing expected in H2 2022** Italian utility Enel (ENEI.MI) sold its 56.43% stake in Enel Russia to Lukoil (LKOH.MM) and private fund Gazprombank-Frezia** Norway's Equinor (EQNR.OL) transferred assets of its Russian oil and gas joint ventures to state-owned partner Rosneft (ROSN.MM), and its 30% stake in the Arctic Kharyaga oilfield to state-controlled Russian operator Zarubezhneft** U.S. oilfield services firm Halliburton (HAL.N) sold its Russia operations to a management team made up of former employees** Oil major Shell (SHEL.L) sold its Russian retail and lubricants business to Lukoil** Singapore-based commodities trader Trafigura sold its 10% stake in Vostok Oil project in Siberia to Hong Kong-registered trading firm Nord Axis** Total Energies (TTEF.PA) sold its remaining 20% interest in the Kharyaga oil project to Zarubezhneft, and its 49% stake in Terneftegaz to joint venture partner NovatekFOOD & BEVERAGES** Finland's Atria (ATRAV.HE) sold its fast food business in Russia, Sibylla Rus, to Russian meat producer Cherkizovo (GCHE.MM)** Finland's Fazer sold its Russian unit to Moscow's Kolomenskij Bakery and Confectionery Holding** Irish ingredients giant Kerry Group (KYGa.I) sold its Russian subsidiary to local management and agreed to offload its Belarusian unit to a local operator** Fast food chain McDonald's (MCD.N) sold its Russian business to its licensee Alexander Govor** Finnish food and drinks company Paulig sold its operations in Russia to private Indian investor Vikas Soi** Yum Brands (YUM.N) sold its Pizza Hut business in Russia to a local operator** Finnish food processing firm Raisio (RAIVV.HE) sold its consumer business in Russia to Copacker Agro** Finnish dairy producer Valio sold its Russian business to GK VelkomINDUSTRIAL MACHINERY** Polish measuring devices maker Apator's (APTP.WA) Powogaz unit divested its entire stake in Russia-based AO Teplovodomer** Danish industrial firm Danfoss agreed to sell its Russian and Belarusian business to local management, subject to approval by shareholders and regulatory approvals in Russi

☆ Myanmar army helicopters fire on school, killing 13, residents say
▼ + stars: | 2022-09-21 | by ( ) www.nbcnews.com time to read: +3 min

At least 13 people, including seven children, were killed when army helicopters shot at a school in Myanmar, media reports and residents said, as the military said it opened fire because rebels were using the building to attack its forces. Myanmar has been gripped by violence since the army overthrew an elected government early last year. Opposition movements, some of them armed, have since emerged across the country, which the military has countered with lethal force. According to reports by the Radio Free Asia, Mizzima and Irrawaddy news portals, army helicopters opened fire on the school housed in a Buddhist monastery in the village. Some people were killed on the spot by the shooting, while others died after troops entered the village, the reports said.

CNN —At least six children were killed and 17 wounded when army helicopters shot at a school in Myanmar, media reports and residents said on Monday, as the military said it opened fire because rebels were using the building to attack its forces. Myanmar has been gripped by violence since the army overthrew an elected government early last year. According to reports in the Mizzima and Irrawaddy news portals, army helicopters had opened fire on the school housed in a Buddhist monastery in the village. Since seizing power early last year, the military junta led by Min Aung Hlaing has embarked on a bloody crackdown against any opposition to its rule. “European Union member states, the United States, and other governments should show the junta that there will be a reckoning for its crimes.”

Search resuls for: "Kone"

23 mentions found