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Tragedy Strikes at Turkish Ski Resort: 66 Dead, 51 Injured in Hotel Fire

A devastating fire engulfed the Grand Kartal Hotel at the popular Kartalkaya ski resort in northwestern Turkey early Tuesday morning, claiming at least 66 lives and injuring 51 others. The fire, which broke out around 3:30 a.m. local time in the hotel's restaurant section, spread rapidly, trapping guests on the upper floors. Guests, many of whom were families on holiday during the school semester break, faced harrowing conditions as they tried to escape the flames. Some resorted to jumping from windows in a desperate attempt to flee the blaze, while others used sheets and blankets to climb down from their rooms. The hotel's fire detection system reportedly failed to operate, adding to the chaos and confusion. Emergency services, including 30 fire trucks and 28 ambulances, were dispatched to the scene, but the fire's intensity and the hotel's chalet-style wooden exterior hampered firefighting efforts. The Turkish government has launched an investigation into the incident...

S&P/TSX Composite Index Rises on Industrial Stocks

 


The S&P/TSX composite index closed up 61.71 points at 20,756.73 on Thursday, January 18, 2024. The index was buoyed by strength in industrial stocks, while U.S. markets rose, more than reclaiming Wednesday’s losses. 

The Dow Jones Industrial Average was up 201.94 points at 37,468.61. The S&P 500 index was up 41.73 points at 4,780.94, while the Nasdaq composite was up 200.03 points at 15,055.65

The Canadian dollar traded for 74.05 cents US compared with 73.95 cents US on Wednesday.



 


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