A police officer guards the street around the Noerrebro train station in Copenhagen where a gunman suspected of attacks on a cultural centre and synagogue was shot dead by police. AFP PHOTO / CLAUS BJORN LARSEN
A police officer guards the street around the Noerrebro train station in Copenhagen where a gunman suspected of attacks on a cultural centre and synagogue was shot dead by police. AFP PHOTO / CLAUS BJORN LARSEN
A police officer guards the street around the Noerrebro train station in Copenhagen where a gunman suspected of attacks on a cultural centre and synagogue was shot dead by police. AFP PHOTO / CLAUS BJORN LARSEN
A police officer guards the street around the Noerrebro train station in Copenhagen where a gunman suspected of attacks on a cultural centre and synagogue was shot dead by police. AFP PHOTO / CLAUS BJ

Police kill Copenhagen gunman suspected of terror attacks


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COPENHAGEN // Danish police killed a gunman suspected of murdering two people and conducted raids across the capital after terrorist attacks left the nation in shock.
The suspect was killed early Sunday after he opened fire on officers who had tracked him down in Copenhagen.
Police said the man is from the Danish capital, declining to identify him further, but Danish broadcaster TV2 reported that he was a 22-year-old who was born and raised in Denmark. The TV station said he was known to police due to his involvement in gangs.
He is suspected of being the lone gunman in shootings that killed one person at a cafe hosting a free-speech debate and another victim at a separate attack at a synagogue hours later.
Police also raided an internet cafe near the final shooting and several arrests were made, local media reported.
"Denmark has been hit by terror," prime minister Helle Thorning-Schmidt said. "There are many questions police are still working on to try to answer."
The attacks, just five weeks after the massacre at the Charlie Hebdo magazine in Paris, started with a burst of gunfire on Saturday afternoon at a cultural centre in the wealthy Oesterbro district.
The gathering to debate the role of art and free speech was organised by Swedish artist Lars Vilks, best known for a caricature of the Prophet Mohammed. Mr Vilks, who is under police protection, was rushed to safety.
A 55-year-old man, identified as a film maker who had probably been at the cafe to listen to the debate, was killed while three police officers were injured.
The suspect could have been "inspired by the recent events in Paris" or by ISIL, said Jens Madsen, head of the Danish Security and Intelligence Service, or PET.
"The person has been on PET's radar. It was someone we knew.
In a second attack just after midnight Sunday, a Jewish man, 37, was killed outside a synagogue. Two police officers that had been called in as increased security were also injured. The congregation was hosting a Bat Mitzvah at the time, with 80 guests on the scene.
The community "is in shock over the attack" but our thoughts go first and foremost to our member's family and to the wounded police officers and their families, the Jewish Community, an umbrella group, said.
Denmark's Islamic Council condemned the attacks.
Police used video surveillance and the help of a taxi driver to track down the suspect. Police staked out a location just northwest of the city centre. The man was killed after firing on police when he returned.
The massacre last month at Charlie Hebdo in Paris by radical extremists fueled debate on how Europe is dealing with challenges posed by immigration. As in France, Denmark's anti-immigration group – the Danish People's Party – has surged in the polls.
France sent its condolences on Saturday.
Denmark has "all the solidarity of France in this ordeal," said president Francois Hollande's office.
The US condemned the attack as "deplorable".
"We have been in close contact with our Danish counterparts and stand ready to lend any assistance necessary to the investigation," National Security Council spokeswoman Bernadette Meehan said.
This was an "appalling" attack on free speech and the freedom of religion, UK prime minister David Cameron said. "Denmark and Britain are both successful multi-ethnic, multi-faith democracies and we must never allow those values to be damaged by acts of violence like this," he said.
German Chancellor Angela Merkel called Ms Thorning-Schmidt to express her "deep condolences and empathy for the victims' families".
Denmark is home to the Jyllands-Posten newspaper, which in 2005 published a series of caricatures of the Prophet Mohammed that triggered violent protests across much of the Muslim world.
Mr Vilks's drawing depicting the prophet with the body of a dog left Swedish media divided, with some refusing to publish the image amid security concerns.
The 68-year-old is kept under police protection. In January last year, Colleen LaRose, an American was sentenced to 10 years in prison for her role in a plot to murder the Swedish artist. LaRose had pleaded guilty in February 2011 to conspiring to provide support to terrorists and commit murder in a foreign country.
* Bloomberg, additional reporting from Agence France-Presse

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Why are asylum seekers being housed in hotels?

The number of asylum applications in the UK has reached a new record high, driven by those illegally entering the country in small boats crossing the English Channel.

A total of 111,084 people applied for asylum in the UK in the year to June 2025, the highest number for any 12-month period since current records began in 2001.

Asylum seekers and their families can be housed in temporary accommodation while their claim is assessed.

The Home Office provides the accommodation, meaning asylum seekers cannot choose where they live.

When there is not enough housing, the Home Office can move people to hotels or large sites like former military bases.

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Mercer, the investment consulting arm of US services company Marsh & McLennan, expects its wealth division to at least double its assets under management (AUM) in the Middle East as wealth in the region continues to grow despite economic headwinds, a company official said.

Mercer Wealth, which globally has $160 billion in AUM, plans to boost its AUM in the region to $2-$3bn in the next 2-3 years from the present $1bn, said Yasir AbuShaban, a Dubai-based principal with Mercer Wealth.

Within the next two to three years, we are looking at reaching $2 to $3 billion as a conservative estimate and we do see an opportunity to do so,” said Mr AbuShaban.

Mercer does not directly make investments, but allocates clients’ money they have discretion to, to professional asset managers. They also provide advice to clients.

“We have buying power. We can negotiate on their (client’s) behalf with asset managers to provide them lower fees than they otherwise would have to get on their own,” he added.

Mercer Wealth’s clients include sovereign wealth funds, family offices, and insurance companies among others.

From its office in Dubai, Mercer also looks after Africa, India and Turkey, where they also see opportunity for growth.

Wealth creation in Middle East and Africa (MEA) grew 8.5 per cent to $8.1 trillion last year from $7.5tn in 2015, higher than last year’s global average of 6 per cent and the second-highest growth in a region after Asia-Pacific which grew 9.9 per cent, according to consultancy Boston Consulting Group (BCG). In the region, where wealth grew just 1.9 per cent in 2015 compared with 2014, a pickup in oil prices has helped in wealth generation.

BCG is forecasting MEA wealth will rise to $12tn by 2021, growing at an annual average of 8 per cent.

Drivers of wealth generation in the region will be split evenly between new wealth creation and growth of performance of existing assets, according to BCG.

Another general trend in the region is clients’ looking for a comprehensive approach to investing, according to Mr AbuShaban.

“Institutional investors or some of the families are seeing a slowdown in the available capital they have to invest and in that sense they are looking at optimizing the way they manage their portfolios and making sure they are not investing haphazardly and different parts of their investment are working together,” said Mr AbuShaban.

Some clients also have a higher appetite for risk, given the low interest-rate environment that does not provide enough yield for some institutional investors. These clients are keen to invest in illiquid assets, such as private equity and infrastructure.

“What we have seen is a desire for higher returns in what has been a low-return environment specifically in various fixed income or bonds,” he said.

“In this environment, we have seen a de facto increase in the risk that clients are taking in things like illiquid investments, private equity investments, infrastructure and private debt, those kind of investments were higher illiquidity results in incrementally higher returns.”

The Abu Dhabi Investment Authority, one of the largest sovereign wealth funds, said in its 2016 report that has gradually increased its exposure in direct private equity and private credit transactions, mainly in Asian markets and especially in China and India. The authority’s private equity department focused on structured equities owing to “their defensive characteristics.”

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2025 Fifa Club World Cup groups

Group A: Palmeiras, Porto, Al Ahly, Inter Miami.

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