South Korea opens investigation into deadly Halloween stampede

Published

2 years ago

November 1, 2022

South Korean authorities have begun an investigation into the deadly Halloween stampede, which claimed the lives of more than 150 people.

People in Seoul’s nightlife district said crowd control measures were not in place at the time of the incident.

Some witnesses said people fell ““like dominoes”, while emergency services provided CPR at the scence.

The investigations will seek to determine why there were limited guidelines to deal with the influx of people.

Many of the victims’ families spent hours and days attempting to locate their missing relatives.

Foreigners were also killed in the incident as authorities race to identify the bodies of those who perished.

Crime scene investigators and forensics officers have arrived at the scene, as many of the local shops and businesses shut their doors.

“A tragedy and disaster that should not have happened took place in the heart of Seoul last night.”
Yoon Suk-yeol, SOUTH KOREA’S PRESIDENT

The incident took place in the Itaewon district, which is a popular neighbourhood for tourists.

South Korea’s President Yoon Suk-yeol has declared a period of national mourning. He described the incident as “truly tragic”.

Elon Musk is projected to become the world’s first trillionaire

Published

7 hours ago

September 9, 2024

ticker NEWS

Elon Musk, the visionary entrepreneur behind Tesla and SpaceX, is projected to achieve an unprecedented financial milestone by becoming the world’s first trillionaire by 2027.

Currently the richest person alive, Musk holds a staggering net worth of $251 billion, with Tesla playing a major role in his fortune.

At this rate, experts predict his wealth could skyrocket, reaching the trillion-dollar milestone in just three years.

Tesla itself is growing at a remarkable pace, with a market value nearing $670 billion. #featured #trending

Money

Treasury Secretary believes the U.S. are on track for a “safe landing”

Published

10 hours ago

September 9, 2024

ticker NEWS

Treasury Secretary Janet Yellen pointed to a “soft landing” for the economy, with unemployment slightly down despite slower job creation.

In a recent interview on Bloomberg, Yellen stated that “For the US, the kinds of metrics that we would monitor that would summarise risks — whether it’s asset valuations or a good degree of leverage — things look good, I don’t see red lights flashing”. #featured #trending

Leaders

Trump promises to slap unprecedented tariffs on foreign allies

Published

12 hours ago

September 9, 2024

ticker NEWS

Former President Donald Trump has promised to slap unprecedented Tariffs on foreign allies, including the European Union, if he wins the 2024 presidential election.

Trump pledged to reduce the corporate tax rate from 21% to 15% for companies that make their products in the U.S.

While he had already said he wanted to cut the corporate tax rate to 15%, he had not previously tied that lower rate to keeping manufacturing inside the country. #featured #trending