Several people have been killed in a shooting at a university in the Russian city of Perm.
A gunman opened fire, sending lecturers and students fleeing into classrooms where they locked themselves in, the TASS news agency reported.
Russia's Investigative Committee, the agency that handles major crimes, said the gunman had been identified as a student at the university.
It originally put the death toll at eight but later revised it to six. Reports suggest up to 28 victims sought medical help, some of whom were rushed to hospital.
Perm State University’s press service told Reuters that the gunman is in his teens.
Initial reports suggested he had been killed. However, the Investigative Committee said he is being treated in hospital.
Video footage captured at the scene showed people jumping from first-floor windows to escape the building.
Students could be seen throwing their belongings out of windows before jumping out on to a pavement and grassy area.
An unverified video posted on social media purporting to be of the attacker showed a man dressed in black and wearing a helmet walking towards the university while carrying a weapon.
There was no immediate information on the gunman’s identity or possible motivation.
Russia has strict restrictions on civilian firearm ownership, but some categories of guns are available for hunting, self-defence or sport, once would-be owners have passed tests and met other requirements.
Another clip showed a pavement smeared with blood and a group of people attending to an injured man, who lay on the ground.
The victim appeared to be bleeding heavily from a leg wound.
Photos showed people hugging each other outside the university.
A source told TASS: "On Monday, an unidentified person entered the university building and opened fire.
“Some students locked themselves in the university's auditoriums to hide from the attacker. Some students jumped out of the windows.
“Law enforcement agents are heading to the site.”
Perm is about 1,150 kilometres east of Moscow, with a population of about one million. The university has about 12,000 students.
In May, a gunman opened fire at a school in the city of Kazan, killing seven students and two teachers.
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Title: Assistant dean of students and director of athletics
Favourite sport: soccer
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COMPANY%20PROFILE
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Who was Alfred Nobel?
The Nobel Prize was created by wealthy Swedish chemist and entrepreneur Alfred Nobel.
- In his will he dictated that the bulk of his estate should be used to fund "prizes to those who, during the preceding year, have conferred the greatest benefit to humankind".
- Nobel is best known as the inventor of dynamite, but also wrote poetry and drama and could speak Russian, French, English and German by the age of 17. The five original prize categories reflect the interests closest to his heart.
- Nobel died in 1896 but it took until 1901, following a legal battle over his will, before the first prizes were awarded.
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Avatar: Fire and Ash
Director: James Cameron
Starring: Sam Worthington, Sigourney Weaver, Zoe Saldana
Rating: 4.5/5
SPECS
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Amith's predicted winners:
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7.05pm: Etisalat
7.40pm: Mulfit
8.15pm: Pennsylvania Dutch
8.50pm: Mudallel
9.25pm: Midnight Sands
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- I would recommend writing out the text in the body
- And then copy into this box
- It can be as long as you link
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- Be wary of other embeds lengthy fact boxes could crash into
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Left Bank: Art, Passion and Rebirth of Paris 1940-1950
Agnes Poirer, Bloomsbury
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First Person
Richard Flanagan
Chatto & Windus
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Other key dates
-
Finals draw: December 2
-
Finals (including semi-finals and third-placed game): June 5–9, 2019
-
Euro 2020 play-off draw: November 22, 2019
-
Euro 2020 play-offs: March 26–31, 2020
Retirement funds heavily invested in equities at a risky time
Pension funds in growing economies in Asia, Latin America and the Middle East have a sharply higher percentage of assets parked in stocks, just at a time when trade tensions threaten to derail markets.
Retirement money managers in 14 geographies now allocate 40 per cent of their assets to equities, an 8 percentage-point climb over the past five years, according to a Mercer survey released last week that canvassed government, corporate and mandatory pension funds with almost $5 trillion in assets under management. That compares with about 25 per cent for pension funds in Europe.
The escalating trade spat between the US and China has heightened fears that stocks are ripe for a downturn. With tensions mounting and outcomes driven more by politics than economics, the S&P 500 Index will be on course for a “full-scale bear market” without Federal Reserve interest-rate cuts, Citigroup’s global macro strategy team said earlier this week.
The increased allocation to equities by growth-market pension funds has come at the expense of fixed-income investments, which declined 11 percentage points over the five years, according to the survey.
Hong Kong funds have the highest exposure to equities at 66 per cent, although that’s been relatively stable over the period. Japan’s equity allocation jumped 13 percentage points while South Korea’s increased 8 percentage points.
The money managers are also directing a higher portion of their funds to assets outside of their home countries. On average, foreign stocks now account for 49 per cent of respondents’ equity investments, 4 percentage points higher than five years ago, while foreign fixed-income exposure climbed 7 percentage points to 23 per cent. Funds in Japan, South Korea, Malaysia and Taiwan are among those seeking greater diversification in stocks and fixed income.
• Bloomberg
UAE currency: the story behind the money in your pockets