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    Global Banking & Finance Review® is a leading financial portal and online magazine offering News, Analysis, Opinion, Reviews, Interviews & Videos from the world of Banking, Finance, Business, Trading, Technology, Investing, Brokerage, Foreign Exchange, Tax & Legal, Islamic Finance, Asset & Wealth Management.
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    Global Banking and Finance Review is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    Finance

    Posted By Global Banking and Finance Review

    Posted on January 2, 2025

    Featured image for article about Finance

    By Brian Thevenot

    NEW ORLEANS (Reuters) - Investigators in New Orleans were searching on Thursday for what motivated a U.S. Army veteran flying an ISIS flag from his truck to plow into a crowd of New Year's revelers, killing 15 people and injuring 30 more before dying in a shootout with police.

    The probe was focused on whether the suspect, Shamsud-Din Jabbar, 42, a U.S. citizen from Texas who once served in Afghanistan, had help in planning the deadly attack on a city that will host the NFL Super Bowl next month.

    FBI officials said they were also looking for any links between the deadly attack and a separate incident on Wednesday in which a Tesla Cybertruck exploded in flames outside the Trump International Hotel in Las Vegas, just weeks before President-elect Donald Trump returns to the White House on Jan. 20.

    The New Orleans attack injured about 30 other people, including two police officers wounded by gunfire from the suspect, taking place a mere three hours into the New Year in the historic French Quarter.

    The victims included the mother of a 4-year-old who had just moved into a new apartment after getting a promotion at work, a New York financial employee and accomplished student-athlete who was visiting home for the holidays, and an 18-year-old aspiring nurse from Mississippi.

    Witnesses described a horrifying scene.

    "There were people everywhere," Kimberly Strickland of Mobile, Alabama, said in an interview. "You just heard this squeal and the rev of the engine and this huge loud impact and then the people screaming and debris - just metal - the sound of crunching metal and bodies."

    Meanwhile authorities vowed to continue to search for any evidence that Jabbar had accomplices.

    One New Year's Day tradition - the classic college football known as the Sugar Bowl - was rescheduled for Thursday afternoon. Kickoff for the game between Notre Dame and Georgia was put off for nearly 24 hours while police swept parts of the city looking for possible explosive devices and converged on neighborhoods in search of clues.

    The city will also host the NFL Super Bowl on Feb. 9.

    Police found weapons and a potential explosive device in the vehicle, while two potential explosive devices were found in the French Quarter and rendered safe, the FBI said.

    ISIS FLAG

    An ISIS flag was attached to a staff protruding from the trailer hitch of the rented vehicle, prompting an investigation into possible links to terrorist organizations, the Federal Bureau of Investigation said.

    U.S. President Joe Biden condemned what he called a "despicable" act and said investigators were looking into whether there might be a link to a Tesla truck fire outside a Trump hotel in Las Vegas. So far, there was no evidence linking the two events, the president and FBI said.

    Public records showed Jabbar worked in real estate in Houston. In a promotional video posted four years ago, Jabbar described himself as born and raised in Beaumont, a city about 80 miles (130 km) east of Houston.

    Jabbar was in the regular Army from March 2007 until January 2015 and then in the Army Reserve from January 2015 until July 2020, an Army spokesperson said. He deployed to Afghanistan from February 2009 to January 2010 and held the rank of staff sergeant at the end of service.

    CNN, citing officials briefed on the investigation, said the suspect recorded videos in which he mentioned dreams about joining ISIS and once contemplated killing his family after a divorce.

    ISIS - also called Islamic State or ISIL - is a Muslim militant group that once imposed a reign of terror over millions of people in Iraq and Syria until it collapsed following a sustained military campaign by a U.S.-led coalition.

    Even as it has been weakened in the field, ISIS has continued to recruit sympathizers online, experts say.

    "This is not just an act of terrorism, this is evil," Police Chief Anne Kirkpatrick said.

    (Reporting by Reuters staff; Editing by Scott Malone)

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