More than 1 million without power as Irma bears down on Florida

Boats ride out Hurricane Irma in a marina in Miami, Florida, on September 10, 2017. (AFP)
Updated 10 September 2017

More than 1 million without power as Irma bears down on Florida

MIAMI/FORT MYERS, Florida: Packing 130-mph (210-kph) winds, Hurricane Irma knocked out electricity to more than 1 million Florida homes and businesses on Sunday and threatened the state’s Gulf Coast with potentially catastrophic flooding.
The storm, one of the most powerful ever recorded in the Atlantic, passed over the Florida Keys archipelago off the state’s southern tip and was on a course for the state’s western coast, which was expecting storm surges — water driven ashore by the winds — of up to 15 feet (4.6 m), according to the National Hurricane Center.
“I am very concerned about the west coast,” Florida Governor Rick Scott told “Fox News Sunday.” The coastline is home to cities like Tampa and St. Petersburg.
Irma, which prompted one of the largest evacuations in US history, is expected to cause billions of dollars in damage to the third-most-populous US state, a major tourism hub, with an economy comprising about 5 percent of US gross domestic product.
About 1.1 million Florida homes and businesses had lost power by mid-morning as the storm pummeled the southern part of the state, utility Florida Power & Light said.
Irma is currently a Category 4 hurricane that has now passed over the lower Florida Keys and is headed toward the mainland, the NHC said in its latest update.
Irma, which killed at least 22 people as it tore through Caribbean islands toward Florida, has already claimed at least one life in the state. Emergency responders in the Florida Keys said they pulled a man’s body from his pickup truck, which had crashed into a tree in high winds.
The storm winds downed trees and signs and shook buildings in Miami, which was still 100 miles (160 km) from Irma’s core.
“We’re going to get 100-mile-an hour winds,” said Bob Korosec, an 83-year-old retiree who planned to ride out the storm with his wife in their St. Petersburg home. “We picked up all the stuff outside that could be a missile into our house. I just hope it doesn’t blow off our roof.”
STORM BABY
One woman in Miami’s Little Haiti neighborhood delivered her own baby, with medical personnel coaching her on the phone because emergency responders were not able to reach her, the city of Miami said on Twitter. The two are now at the hospital, it said.
Ahead of the storm, officials in Florida had ordered a total of 6.3 million people, or about a third of the state’s population, to evacuate.
But some people decided to ride out the storm in their homes. Midway up the state’s Gulf Coast in Clearwater, Sarah Griffin said she planned to hunker down in a closet in her boarded-up concrete house.
“You’ve just got to have plenty of beer, Captain Morgan, vodka, (and) you’ll get through,” said Griffin, 52.
The NHC has put out a hurricane warning and a tropical storm warning stretching through almost all of Florida into Georgia and South Carolina, home to more than 20 million people.
Irma comes just days after Hurricane Harvey dumped record-setting rain in Texas, causing unprecedented flooding, killing at least 60 people and leaving an estimated $180 billion in property damage in its wake. Almost three months remain in the Atlantic hurricane season, which runs through November.


New bid to find buyer for Air India slammed as ‘selling family silver’

Updated 2 min 56 sec ago

New bid to find buyer for Air India slammed as ‘selling family silver’

  • Indian government aims to offload entire stake in debt-ridden national carrier after failed 2018 sale attempt
  • Critics blame country’s struggling economy for decision to sell airline

NEW DELHI: Renewed government attempts to find a buyer for “debt trap” national carrier, Air India, have been slammed as “selling the family silver.”

Politicians from opposition and pro-government parties condemned the move by the Indian government to offload its entire stake in the flag-carrier airline, which comes more than a year after a failed bid to sell a controlling share.

A document released on Monday said that any bidder would have to absorb around $3.3 billion of debt along with other liabilities.

Speaking in New Delhi on Tuesday, Kapil Sibal, senior leader of India’s main opposition party, the Indian National Congress, said: “When governments don’t have money this is what they do.

“The government of India has no money; growth is less than 5 percent and millions of rupees are outstanding under several social schemes. This is what they will do, sell all the valuable assets we have.”

Derek O’Brien of the Trinamool Congress, the regional party ruling West Bengal, said in a video statement that “the government has decided to sell more family silver by selling 100 percent stake in Air India. You can well imagine how bad the economy (is).”

And on Twitter, Subramanian Swamy, parliamentarian from the ruling Bharatiya Janata Party (BJP), said: “This deal is wholly anti-national, and I will (be) forced to go to court. We cannot sell our family silver.”

Monday’s document gave the deadline for submission of initial expressions of interest in purchasing the airline as March 17. In 2018, the Indian government tried to sell 76 percent of the carrier but got no takers.

To justify the latest sale attempt, Aviation Minister Hardeep Singh Puri, said: “Despite infusing 30,500 crore rupees ($4.3 billion) in AI (Air India) since 2012, the airline has been running into losses year after year. Due to its accumulated debt of about 60,000 crore rupees, its financial position is very fragile.”

He described the company as being in a “debt trap” but added that it could be saved through privatization. “We have learnt lessons from the 2018 bid.”

Referring to critical comments from fellow BJP members, the minister said they were expressing their “personal opinion.”

Jitender Bhargava, former executive director of corporate communication at Air India, said the current offer would attract potential buyers.

“India is a growth market, so anybody would like to be part of it and take the advantage. The acquisition of Air India provides the fastest way to become a global carrier,” he told Arab News.

According to Bhargava, the move had nothing to do with the current state of the Indian economy. “All the important international carriers want to expand their footprints in India because of the potential of the Indian market. The government has taken a pragmatic view on the sale of the national carrier,” he said.

“Ownership of the airline does not matter, leadership matters. Once it came into the hands of the government, bureaucracy killed it,” added Bhargava, who authored “The Descent of Air India” chronicling the airline’s downfall. “Air India under the government’s ownership cannot run, cannot survive.”

He predicted that the carrier would become a marginal player if there was no change in ownership.

Air India has a fleet of 146 aircraft and employs around 21,000 people. It was founded by prominent industrialist J.R.D. Tata in 1932 and nationalized in 1953.