New Age Xtra is postponing the ‘Reader Base’ section till Facebook is unblocked in Bangladesh. Till then, we will be publishing news from around the world in this page.
– New Age Xtra team
News of the World: November 21- 26, 2015
Breaking his silence on the raging debate over acts of intolerance, actor Aamir Khan on Monday expressed ‘alarm’ and despondency over the rise in such cases ‘in the last six to eight months’. In conversation with Anant Goenka, Wholetime Director & Head — New Media, The Indian Express, at the eighth edition of the Ramnath Goenka Excellence in Journalism Awards, Khan said a sense of ‘insecurity’ and ‘fear’ had seeped deep within society, even in his family. Film fraternity members Anupam Kher, Ram Gopal Varma and Ashoke Pandit, however, criticized Bollywood actor-producer Aamir Khan for his views on ‘rising intolerance’ in the country and have said as a widely followed superstar, he must spread hope and not fear.
– The Indian Express
Wall Street is betting the horrific terrorist attacks in Paris will force the United States and its allies to ramp up military spending. Shares of Lockheed Martin (LMT) and other defense contractors rose sharply on following Monday after Paris attack as Western leaders pledged to accelerate efforts to defeat the terrorist group ISIS. Shares of Raytheon (RTN) bounced 4% on Monday, its second-biggest gain over the past three years. Raytheon makes GPS-guided Tomahawk missiles that have been fired at ISIS from ships more than 1,000 miles away. The company generates more of its revenue from international sales than many of its peers. Lockheed, which makes the Hellfire missile used to target the ISIS terrorist known as “Jihadi John” last week, also gained 3.5% on Monday. Shares of Northrop Grumman (NOC) jumped more than 4%. The defense contractor recently won a contract that could be worth $80 billion to build the new stealth bomber. Drone maker AeroVironment (AVAV) soared 6%.
Turkey shot down a Russian warplane on Tuesday that it said ignored repeated warnings and crossed into its airspace from Syria, killing at least one of the two pilots in a long-feared escalation in tensions between Russia and NATO. The shoot down — the first time in half a century that a NATO member has downed a Russian plane — prompted an emergency meeting of the alliance. The incident highlighted the chaotic complexity of Syria’s civil war, where multiple groups with clashing alliances are fighting on the ground and the sky is crowded with aircraft bombing various targets.
On Tuesday, Italian Prime Minister Matteo Renzi opened a new front, directed at the influx of refugees into Italy from conflict zones like Syria and Iraq. He proposed spending $1 billion to fight terrorism with culture, namely Western art and architecture. Among other efforts, he plans to offer $500 to 18-year-olds to go to concerts, museums, and theaters. Italy, after all, has plenty of art to go around, from Greek temples to the La Scala opera house. Mr. Renzi hopes to improve security by instilling a ‘cultural identity’ among the new immigrants. He was inspired to act after the Nov. 13 attack on a concert hall in France by IS militants and the group’s destruction of ancient treasures in the Middle East, such as the Parthian city of Hatra.