Sunday, January 01, 2017

Today's Headlines

  • Erdogan Vows to ‘Destroy Threats’ After Istanbul Gunman Kills 39. Turkey’s president vowed to “destroy threats” targeting the nation after a gunman opened fire inside a popular Istanbul nightclub, killing at least 39 people, including 15 foreigners -- an act of terrorism that has become grimly familiar in Turkey. The assailant escaped and a manhunt has been launched, Turkish Interior Minister Suleyman Soylu said on Sunday. No one has claimed responsibility for the attack, the latest in a string of assaults that have multiplied as Turkey steps up its war against Islamic State and Kurdish militants. Prime Minister Binali Yildirim said the gunman left his rifle at the scene before fleeing.
Wall Street Journal:
  • China PBOC Adviser Calls for Lower Growth Target. Chinese government should set more flexible target for economic growth in 2017 to provide room for reform, Huang Yiping, member of PBOC's montetary policy committee, tells Xinhua. Huang proposes GDP growth target of 6-7% in 2017, compared with 6.5-7% in 2016. Large-scale monetary  loosening unlikely, while possible of tightening cannot be ruled out, Huang said.

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