NEW DELHI—India’s military chief, Gen. Bipin Rawat, and 12 others were killed Wednesday in a helicopter crash in southern Tamil Nadu state, the air force said. It said in a tweet that the helicopter “met with a tragic accident.” The dead included Rawat’s wife. The air force said one officer, Group Capt. Varun Singh, survived…
Top Military Chief Among 13 Dead in Indian Helicopter Crash
A military helicopter carrying 14 people went down in southern India, and only one person on board the aircraft survived, the Indian Air Force (IAF) confirmed on Wednesday. The dead included India’s military chief, Gen. Bipin Rawat, and his wife, Madhulika Rawat, the air force said—adding that one officer, Group Capt. Varun Singh, survived the crash…
Helicopter Carrying Indian Military Chief Crashes; 13 Dead
NEW DELHI—A helicopter carrying India’s military chief crashed Wednesday in southern Tamil Nadu state, killing 13 of the 14 people on board, a senior government official said. Chief of Defense Staff Bipin Rawat’s condition was not immediately announced. S.P. Amrith, a senior civil administrator of the area where the crash took place, said rescuers were…
Lamine Diack, Ex IAAF Chief Convicted of Corruption, Dies
DAKAR, Senegal—Lamine Diack, the controversial long-time leader of track and field who was convicted of extorting money from athletes and accused of taking bribes in an Olympic hosting vote, has died, his family said Friday. He was 88. Awa Diack, niece of the former International Olympic Committee member, told The Associated Press that “my uncle…
Reforming Global Trade Rules Is Tough but Doable: WTO Chief
December 1, 2021
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GENEVA—The head of the World Trade Organization stressed the importance of reforming the global trade body to prevent further trade wars but warned it would be “very tough” amid high geopolitical tensions. The 27-year-old global trade body, under pressure to prove its relevance, was due to have held a major ministerial meeting this week and…
US SEC Enforcement Chief Says FY2021 Enforcement Figures Will Be ‘Slightly Down’
WASHINGTON—The U.S. Securities and Exchange Commission’s (SEC) director of enforcement on Friday said the agency’s fiscal year 2021 enforcement figures will be “slightly down” from the prior year. Speaking to a gathering of attorneys, SEC enforcement director Gurbir Grewal said the data, expected to be published within weeks, will show a decline versus fiscal 2020,…
Bundesbank Chief Weidmann Quits Early With One Last Inflation Warning
FRANKFURT—Bundesbank President Jens Weidmann, a relentless critic of the European Central Bank’s ultra easy monetary policy, will step down more than five years early, opening the door for Germany’s new government to pick a less confrontational successor. Weidmann said he would leave for personal reasons on Dec. 31, just days after the ECB must make…
Delhi Chief Minister Warns of Power Crisis Due to Coal Shortage
NEW DELHI—Delhi Chief Minister Arvind Kejriwal on Saturday warned of a power crisis in the Indian capital due to a coal shortage, which has already triggered electricity cuts in some of the country’s eastern and northern states. “Delhi could face a power crisis,” Kejriwal said in a tweet in which he also shared a copy…
Senate Banking Chief Plans Bill to Address Fed Officials’ Stock Trades
September 28, 2021
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The head of the U.S. Senate Banking Committee on Tuesday said he plans to introduce legislation that would ban ownership of individual stocks by Federal Reserve officials in the aftermath of revelations that two reserve bank presidents had been active investors. Democratic Senator Sherrod Brown of Ohio told Fed Chair Jerome Powell of his intent…
US Commerce Chief: More Action To Be Taken on Huawei if Needed
September 24, 2021
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WASHINGTON—U.S. Commerce Secretary Gina Raimondo said on Thursday the Biden administration will take further action against Chinese telecoms firm Huawei if necessary, after some Republican lawmakers pressed for more steps. Washington says Huawei is a national security threat on a variety of grounds and aggressively lobbied other countries not to use Huawei equipment in next-generation…
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