US gunman opens fire in theatre showing ‘Trainwreck’



LAFAYETTE, USA // A lone gunman sitting in a packed movie theatre stood up about 20 minutes into the showing of “Trainwreck” and began firing into the crowd, killing two and wounding at least nine others on Thursday night before fatally shooting himself, authorities said.

The gunman initially tried escaping by blending into the fleeing crowd, but turned back when he saw police heading inside from the car park, authorities said. Officers tailing him back into the theatre then heard a single gunshot and found him dead inside, police said.

They described the shooter as a 58-year-old “lone white male” with a criminal history but did not immediately disclose his name. Lafayette police chief Jim Craft said the gunman was by himself and started the rampage by shooting the two people sitting in front of him.

At least one theatergoer described the attack, saying an older man stood up about 20 minutes into the 7:10pm showing of the movie “Trainwreck” at the Grand 16 theatre in Lafayette and began shooting.

“We heard a loud pop we thought was a firecracker,” Katie Domingue told The Advertiser.

“He wasn’t saying anything. I didn’t hear anybody screaming either,” said Ms Domingue, who added that she heard about six shots before she and her fiance ran to the nearest exit, leaving behind her shoes and purse.

Stories of heroism immediately began to emerge with presidential hopeful Gov Bobby Jindal, who travelled to the scene within hours of the shooting, telling reporters that a teacher who was in the theatre jumped in front of a second teacher, saving her life. The second teacher then managed to pull a fire alarm to alert other moviegoers, he said.

“Her friend literally jumped over her and, by her account, actually saved her life,” Mr Jindal said.

President Barack Obama was briefed on the shooting aboard Air Force One by Lisa Monaco, his homeland security adviser, while on his way to Africa for a two-nation visit, the White House said.

Mr Obama asked his team to keep him updated on the investigation and the status of those wounded. He also offered his thoughts and prayers to the community and to the families of those killed.

The shooting took place a week after the man who shot and killed 12 people at a movie theatre in Aurora, Colo., was convicted and on the very day a jury said his attack was cruel enough to consider sentencing him to death.

* Associated Press

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The bio

His favourite book - 1984 by George Orwell

His favourite quote - 'If you think education is expensive, try ignorance' by Derek Bok, Former President of Harvard

Favourite place to travel to - Peloponnese, Southern Greece

Favourite movie - The Last Emperor

Favourite personality from history - Alexander the Great

Role Model - My father, Yiannis Davos

 

 

Company%20Profile
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Company profile

Date started: January, 2014

Founders: Mike Dawson, Varuna Singh, and Benita Rowe

Based: Dubai

Sector: Education technology

Size: Five employees

Investment: $100,000 from the ExpoLive Innovation Grant programme in 2018 and an initial $30,000 pre-seed investment from the Turn8 Accelerator in 2014. Most of the projects are government funded.

Partners/incubators: Turn8 Accelerator; In5 Innovation Centre; Expo Live Innovation Impact Grant Programme; Dubai Future Accelerators; FHI 360; VSO and Consult and Coach for a Cause (C3)

Anti-semitic attacks
The annual report by the Community Security Trust, which advises the Jewish community on security , warned on Thursday that anti-Semitic incidents in Britain had reached a record high.

It found there had been 2,255 anti-Semitic incidents reported in 2021, a rise of 34 per cent from the previous year.

The report detailed the convictions of a number of people for anti-Semitic crimes, including one man who was jailed for setting up a neo-Nazi group which had encouraged “the eradication of Jewish people” and another who had posted anti-Semitic homemade videos on social media. 

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.”

COMPANY PROFILE
Name: Kumulus Water
 
Started: 2021
 
Founders: Iheb Triki and Mohamed Ali Abid
 
Based: Tunisia 
 
Sector: Water technology 
 
Number of staff: 22 
 
Investment raised: $4 million 

My Cat Yugoslavia by Pajtim Statovci
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Company profile

Date started: 2015

Founder: John Tsioris and Ioanna Angelidaki

Based: Dubai

Sector: Online grocery delivery

Staff: 200

Funding: Undisclosed, but investors include the Jabbar Internet Group and Venture Friends

Wicked
Director: Jon M Chu
Stars: Cynthia Erivo, Ariana Grande, Jonathan Bailey
Rating: 4/5