Hundreds chant anti-India slogans in seething Kashmir on eve of Muslim holy festival

Pakistani Christian shout slogans in support of Kashmiris at a rally in the connection of the country Independence Day in Quetta on August 11, 2019, after the Indian government stripped Jammu and Kashmir of its autonomy. Angry Kashmiris gathered at a mosque in Srinagar’s Soura neighborhood after afternoon prayers on Sunday and began shouting anti-India slogans, according to two Reuters witnesses. Protesters carried a large banner carrying the words “Save Article 35A,” referring to the constituti


Pakistani Christian shout slogans in support of Kashmiris at a rally in the connection of the country Independence Day in Quetta on August 11, 2019, after the Indian government stripped Jammu and Kashmir of its autonomy. Angry Kashmiris gathered at a mosque in Srinagar’s Soura neighborhood after afternoon prayers on Sunday and began shouting anti-India slogans, according to two Reuters witnesses. Protesters carried a large banner carrying the words “Save Article 35A,” referring to the constituti
Hundreds chant anti-India slogans in seething Kashmir on eve of Muslim holy festival Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-08-12
Keywords: news, cnbc, companies, eve, slogans, indian, soura, kashmirs, holy, jammu, hundreds, chant, india, seething, antiindia, kashmiris, marching, kashmir, region, festival, muslim


Hundreds chant anti-India slogans in seething Kashmir on eve of Muslim holy festival

Pakistani Christian shout slogans in support of Kashmiris at a rally in the connection of the country Independence Day in Quetta on August 11, 2019, after the Indian government stripped Jammu and Kashmir of its autonomy.

Hundreds of people protested in Kashmir’s main city of Srinagar on Sunday against India’s decision to curb its autonomy, despite new restrictions on travel and a seventh straight day of communications blackout.

Restrictions that had been temporarily eased on Friday and Saturday — allowing some bakeries, pharmacies and fruit shops to open ahead of the Muslim holy festival of Eid al-Adha — were reinstated in major parts of the city on Sunday afternoon.

Police vans drove around some areas ordering people to shut shop and go home, and most streets were silent by evening, as thousands of troops kept vigil, witnesses said.

Indian Prime Minister Narendra Modi’s government locked down the Muslim-majority region last Sunday, cutting off communications, detaining more than 300 political leaders and activists, and putting a “virtual curfew” into force with numerous roadblocks stopping movement.

Seeking to tighten its grip on the region also claimed by neighboring Pakistan, India announced last Monday that it was scrapping Jammu and Kashmir’s right to frame its own laws and allowed non-residents to buy property there.

Angry Kashmiris gathered at a mosque in Srinagar’s Soura neighborhood after afternoon prayers on Sunday and began shouting anti-India slogans, according to two Reuters witnesses.

Protesters carried a large banner carrying the words “Save Article 35A,” referring to the constitutional provision that India revoked last week. A swarm of women and girls in colourful headscarves followed the marching men.

“What do we want? Freedom! When do we want it? Now!” the crowd shouted, marching around the neighborhood.

Some of them held up paper banners, including one that read: “Modi, Kashmir is not your father’s property.”

India’s Home Ministry did not immediately respond to a request for comment. The demonstration in Soura followed a much larger protest in the same area on Friday, when pro-independence youths marched before being repelled by tear gas and pellets.

Leaders in Kashmir had warned of a backlash against the stripping of autonomy in a territory where militants have been fighting Indian rule for nearly 30 years, resulting in the deaths of more than 50,000 people.


Company: cnbc, Activity: cnbc, Date: 2019-08-12
Keywords: news, cnbc, companies, eve, slogans, indian, soura, kashmirs, holy, jammu, hundreds, chant, india, seething, antiindia, kashmiris, marching, kashmir, region, festival, muslim


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Dow is ‘marching towards 30,000,’ analyst says

In fact, he said, many indicators show that the U.S. is in “great shape.” “I think we’re still marching towards 30,000” on the Dow Jones Industrial Average. While volatility has crept into equities, “the economy’s in great shape,” Hennessy added. “The job numbers are in great shape. “The difference is there’s no euphoria in this marketplace, and that’s what would actually end the bull market,” he said.


In fact, he said, many indicators show that the U.S. is in “great shape.” “I think we’re still marching towards 30,000” on the Dow Jones Industrial Average. While volatility has crept into equities, “the economy’s in great shape,” Hennessy added. “The job numbers are in great shape. “The difference is there’s no euphoria in this marketplace, and that’s what would actually end the bull market,” he said.
Dow is ‘marching towards 30,000,’ analyst says Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2018-10-30  Authors: tyler clifford
Keywords: news, cnbc, companies, analyst, youre, market, bull, dow, shape, pride, 30000, hennessy, theres, euphoria, worst, great, marching


Dow is 'marching towards 30,000,' analyst says

There’s no euphoria, but euphoria is what ends the bull market, says portfolio manager 2 Hours Ago | 03:08

The recent market sell-off is not an indication of the nation’s economic health, Wall Street analyst Neil Hennessy told CNBC on Tuesday.

In fact, he said, many indicators show that the U.S. is in “great shape.”

“When I look at the market and economy, they’re completely different,” the Hennessy Funds investment chief said on “Power Lunch.” “I think we’re still marching towards 30,000” on the Dow Jones Industrial Average.

While volatility has crept into equities, “the economy’s in great shape,” Hennessy added. “The job numbers are in great shape. Corporate cash is in great shape. Cash flow’s up. The whole nine yards.”

He said he would look for value because it is always in the market in both good times and bad times.

U.S. equities have had a rocky month. The Dow is off by 6.9 percent, its worst performance since May 2010. The S&P 500 is down 8.7 percent in October, its worst month since February 2009.

The recent action prompted “Mad Money” host Jim Cramer to assert on Monday that “the stock market is signaling that the economy is in for pretty rapid deterioration, just like 2008 … fortunately, there’s no systemic risk.”

Jason Pride, CIO of Glenmede Trust Company, agrees with Hennessy. He said his firm would not change its portfolios “all that much” as its strategy has been to tilt portfolios “towards defensiveness and towards value.”

Glenmede has been concerned about the narrow growth in glamour stocks roughly over the past year, Pride said, but there’s more to come.

In order to broaden the base, Pride says: “Come in at lower valuation levels, set up for the next part of this ongoing bull market, we think makes sense, but it doesn’t mean that investors should be really reacting that dramatically.”

Looking forward over the next 12 months, Hennessy said, the market reminds him of the phase between 1982 and 2000 when “the market was up each and every year” except for 1990.

“The bottom line is, if you’re just patient, you’re going to make money,” although not as much as in 1999, Hennessy said.

“The difference is there’s no euphoria in this marketplace, and that’s what would actually end the bull market,” he said.

— CNBC’s Tom Franck contributed to this report.


Company: cnbc, Activity: cnbc, Date: 2018-10-30  Authors: tyler clifford
Keywords: news, cnbc, companies, analyst, youre, market, bull, dow, shape, pride, 30000, hennessy, theres, euphoria, worst, great, marching


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