Americans Milgrom, Wilson win Nobel prize in economics
Stockholm: Americans Paul R Milgrom and Robert B Wilson have won the Nobel Prize in economics for improvements to auction theory and inventions of new auction formats.
The winners were announced Monday in Stockholm by Goran Hansson, secretary-general of the Royal Swedish Academy of Sciences.
The award caps a week of Nobel Prizes at a time when much of the world is experiencing the worst recession since World War II because of the impact of the coronavirus pandemic.
Technically known as the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel, the award was established in 1969 and is now widely considered one of the Nobel prizes.
Last year's award went to two researchers from the Massachusetts Institute of Technology and a third from Harvard University, for their groundbreaking research into efforts to reduce global poverty.
Few economists could have predicted last fall that the globe would come to a virtual standstill within months, as governments closed their borders, imposed lockdowns and ordered other measures to stop the spread of COVID-19, triggering a sharp dip in business activity worldwide.
The prestigious award comes with a 10-million krona (USD 1.1 million) cash prize and a gold medal. On Monday, the Nobel Committee awarded the prize for physiology and medicine for discovering the liver-ravaging hepatitis C virus.
Tuesday's prize for physics honoured breakthroughs in understanding the mysteries of cosmic black holes, and the chemistry prize on Wednesday went to scientists behind a powerful gene-editing tool.
The literature prize was awarded to American poet Louise Gl ck on Thursday for her candid and uncompromising work. The World Food Programme won the Nobel Peace Prize on Friday for its effort to combat hunger worldwide.
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Protests in several parts of India over killing of Iran's supreme leader Ali Khamenei
Srinagar/Lucknow (PTI): From Kashmir to Karnataka, Shia mourners took to the streets in various parts of India to express outrage and grief over the death of Iranian supreme leader Ayatollah Ali Khamenei in a US-Israel strike.
Khamenei was killed in an airstrike in Tehran on Saturday during a joint Israel-US attack on Iran. Iranian state media confirmed the same on Sunday, triggering a wave of protests and mourning across the world, including India.
Kashmir — which has about 15 lakh Shias — witnessed major protests at Lal Chowk, Saida Kadal, Budgam, Bandipora, Anantnag and Pulwama, an official said.
The protesters were seen beating their chests as they shouted anti-US and anti-Israel slogans.
J&K Chief Minister Omar Abdullah expressed deep concern over the developments in Iran and appealed for calm amid widespread protests.
"Chief Minister has expressed deep concern over the unfolding developments in Iran, including reports of the killing of Iran's Supreme Leader, Ayatollah Ali Khamenei. He has appealed to all communities to remain calm, uphold peace, and avoid any actions that could lead to tension or unrest," the Office of Chief Minister said in a post on X.
Abdullah also said that his government is in close coordination with the Union Ministry of External Affairs to ensure the safety and well-being of J-K residents, including students, currently in Iran.
Expressing "profound anguish" over the assassination of Khamenei, National Conference chief Farooq Abdullah urged the administration to handle the situation with sensitivity and discretion, ensuring that those who wish to mourn are able to do so respectfully.
Mirwaiz Umar Farooq, the chief priest of Kashmir, said he was deeply saddened and outraged at Khamenei's killing.
"Deeply saddened and outraged at the brutal killing of Iran's Supreme Leader, Ayatollah Syed Ali Khamenei by the US and Israel that has shaken the Muslim world. The people of JK collectively condemn this brutality and the ongoing aggression against Iran, as well as the massacre of innocent girl students in Minab," the Mirwaiz said in a post on X.
Many Muslim bodies and organisations across the country announced a multiple-day mourning period and scheduled their protests on Monday as well in memory of the Iranian leader.
In Uttar Pradesh's capital, Lucknow, scores of people gathered near the Bara Imambara mosque and shouted slogans during the protest, with women mourners clinging to the Iranian leader's photo and weeping.
Maulana Yasoob Abbas, general secretary of All India Shia Personal Law Board, announced that effigies of US President Donald Trump and Israel's Prime Minister Benjamin Netanyahu will be burnt during the protest on Monday.
The Shia community has declared a three-day mourning, during which people will wear black, hoist black flags at their homes and organise special prayers, Abbas added.
Punjab, which has a minuscule Muslim population, saw protests and effigies being burnt in Ludhiana.
Shahi Imam Maulana Mohammad Usman Rahmani Ludhianvi, who led the protest, demanded that the central government declare a week-long national mourning.
Rehmani urged Muslims worldwide to unite against such challenges, terming Khamenei a great martyr and condemning his killing in the strongest terms.
The Shia community in Ajmer also announced a three-day mourning over the killing of Khamenei.
The announcement was made by Syed Asif Ali, a community leader, who appealed to members of the Shia community to observe mourning and refrain from celebrations during the period.
Condolence meetings were also organised at Dargah in Dorai and Taragarh in Ajmer, where members of the community offered prayers and expressed grief over the incident.
Meanwhile, several devotees from Jodhpur are stranded in Dubai after their return flights were cancelled following attacks near Dubai and Abu Dhabi.
Scenes of extreme distraught and slogannering were also witnessed in New Delhi, Bihar, Jharkhand, and Telangana, where protesters, holding Khamenei's posters, voiced their anger against the US and Israeli military actions.
However, in Karnataka’s Chikkaballapur district, where Khamenei once visited, observed silence, and shops and commercial establishments voluntarily closed.
Villagers announced a three-day mourning period as a mark of tribute to the Shia supreme leader.
All celebrations and public events have been suspended to maintain a peaceful environment in this village.
According to villagers, Ali Khamenei visited Alipura in 1986.
