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blog

Brussels Daily On Belgian Raid Linked To Paris Attacks

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Le Soir, March 16, 2016

"Deadly search in Forest," writes Brussels-based daily Le Soiron its front page Wednesday, a day after Belgian and French police killed a gunman linked to the terror attacks in Paris, in a raid on an apartment in a Brussels suburb.

At press conference in Brussels early Wednesday, a spokesperson for the Belgian prosecutor's office said the slain gunman had been identified as Mohamed Belkaid, a 35-year-old Algerian man living illegally in the country and who was not known by police services, except for a petty theft in 2014. A Kalashnikov rifle, an ISIS flag and a book on Salafism were also reportedly found next to the body of the shooter.

Two suspects involved in the shooting who had originally managed to flee from the scene were apprehended today, according to Dutch-language VTM Nieuws TV channel. Authorities are still looking for two other suspects.

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Economy

The West Has An Answer To China's New Silk Road — With A Lift From The Gulf

The U.S. and Europe are seeking to rival China by launching a huge joint project. Saudi Arabia and the Gulf States will also play a key role – because the battle for world domination is not being fought on China’s doorstep, but in the Middle East.

Saudi Crown Prince Mohammed bin Salman, Indian Prime Minister Narendra and U.S. President Joe Biden shaking hands during PGII & India-Middle East-Europe Economics Corridor event at the G20 Summit on Sept. 9 in New Delhi

Saudi Crown Prince Mohammed bin Salman, Indian Prime Minister Narendra and U.S. President Joe Biden during PGII & India-Middle East-Europe Economics Corridor event at the G20 Summit on Sept. 9 in New Delhi

Daniel-Dylan Böhmer

-Analysis-

BERLIN — When world leaders are so keen to emphasize the importance of a project, we may well be skeptical. “This is a big deal, a really big deal,” declared U.S. President Joe Biden earlier this month.

The "big deal" he's talking about is a new trade and infrastructure corridor planned to be built between India, the Middle East and Europe.

Indian Prime Minister Narendra Modi described the project as a “beacon of cooperation, innovation and shared progress,” while President of the European Commission Ursula von der Leyen called it a “green and digital bridge across continents and civilizations."

The corridor will consist of improved railway networks, shipping ports and submarine cables. It is not only India, the U.S. and Europe that are investing in it – they are also working together on the project with Saudi Arabia, Israel and the United Arab Emirates.

Saudi Arabia is planning to provide $20 billion in funding for the corridor, but aside from that, the sums involved are as yet unclear. The details will be hashed out over the next two months. But if the West and its allies truly want to compete with China's so-called New Silk Road, they will need a lot of money.

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