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“Pilots were very funny, very smart, very nice guys” – Lion Air boss

Thaiger

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“Pilots were very funny, very smart, very nice guys” – Lion Air boss | Thaiger

PHOTO: Indonesian media agency

Indonesia’s national search and rescue agency says it’s located the crashed Lion Air plane’s landing gear, wheels and a large section of the fuselage.

Investigators have also found the flight data recorder, the “black box,” from Lion Air Flight JT610.

The data recorder, more than anything else, will likely provide vital information about the plane’s functions and performance in the minutes before the plane plumetted into the sea, just 19 kilometres off the coast of Java Island, Indonesia.

The Boeing 737 Max 8 crash on Monday killed all 189 people on board.

Muhammad Syauqi, heading up the search, says divers from the agency, the Navy, and the police were sent to sweep the search area. They plan on using a ship crane today to lift up the landing gear debris.

At this stage they have not heard the “ping” from the cockpit voice recorder, which records audio from the cockpit. It remains somewhere on the seabed, some 35 metres underwater. Along with the data recorder, the cockpit voice recorder will capture the actual conversations and communications between pilots and air traffic control.

Capt. Daniel Putut Kuncoro Adi, MD of the Lion Group declined to speculate on the causes for the crash.

“As a company we are waiting for the result from the National Transportation Safety Committee working with the black box” to determine what went wrong, Adi told CNN.

“They were very funny, very smart, very nice guys.”

“We are sure they conducted themselves professionally and they struggled to save the aircraft.”

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Coronavirus (Covid-19)

Australia and New Zealand welcome the first passengers in the southern travel bubble

Tim Newton

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Australia and New Zealand welcome the first passengers in the southern travel bubble | Thaiger

Whilst travel bubbles remain a bureaucratic nightmare for most SE Asian countries, Australia and New Zealand have opened their first green lanes since April last year, nearly 400 days. For the two countries it allows family and friends to re-unite. For New Zealand it opens the gates for its largest chunk of tourists. In 2019 some 1.5 million tourists visited New Zealand from Australia.

The first flights landed this morning taking advantage of the quarantine-free travel bubble between the 2 countries.

The arrangement means that passengers can fly across the Tasman Sea without going through the mandatory Covid quarantine when they arrive at either end of their journey.

The New Zealand PM Jacinda Ardern hailed the success of the 2 countries in coming to grips with Covid-19 and somewhat containing the spread of the virus, allowing the travel corridor to open today.

Australia is home to hundreds of thousands of New Zealand expats who regularly shuffled across the Tasman Sea on the 3 hour flights. Both Air New Zealand and Qantas were scheduling flights for the tentative re-opening to travel.

Meanwhile, Australia’s Deputy PM Michael McCormack says the Oz government remains in active discussions with Singapore as it looks to create another quarantine-free travel bubble.

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World

Doctors in India see alarming rise in severe Covid symptoms in younger patients

Maya Taylor

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Doctors in India see alarming rise in severe Covid symptoms in younger patients | Thaiger
PHOTO: Trinity Care Foundation / Flickr

Doctors in India are reporting a worrying rise in the number of young patients being hospitalised with severe Covid-19 symptoms. One medical practitioner in the western state of Gujarat says more young people are developing serious symptoms affecting their lungs, hearts and kidneys, with one hospital opening the state’s first paediatric Covid-19 ward. Other states are reporting a similar increase in severe symptoms among the younger population.

A new wave of infections has struck India, just as the country thought the worst was over and had begun to roll out vaccines. It has now recorded 1 million positive cases in a nation of 1.3 billion people. Despite this, hundreds of thousands of people gathered for the recent Kumbh Mela religious festival, with social distancing and face masks dispensed with. There were similar scenes at election rallies.

According to an AFP report in Thai PBS World, doctors in India are warning of a steep rise in infections among the younger generation. Around 35% of India’s population is under the age of 65 and Arvind Kejriwal, chief minister of New Delhi says around 65% of new Covid cases are in patients under the age of 45. Khusrav Bajan, a hospital consultant in Mumbai, has also expressed concern at the number of children being admitted

“We are also seeing children under the ages of 12 and 15 being admitted with symptoms in the second wave. Last year there were practically no children.”

Meanwhile, in India’s own “Silicon Valley”, Bangalore, 58% of Covid-19 infections in early April were in people under the age of 40, a 46% increase compared to last year. Tanu Dogra, a 28 year old book publicist in New Delhi, spent a week in bed after testing positive for the virus last month.

“I haven’t seen such a rise in cases in the last 1 year as I’ve seen in the last 1 week. Everybody on my timeline, on my WhatsApp, is frantically messaging each other because they’ve all tested positive.”

Medical professionals are critical of the slow vaccination rollout in India, with jabs currently limited for those over the age of 45. They are calling for inoculation to be extended to everyone, with many young people saying they feel exposed in the workplace, but have no choice, as the sole earners for their families.

Venkat Ramesh, a specialist in infectious diseases in the southern city of Hyderabad, feels the worst is yet to come.

“When I speak to my colleagues in major metropolitan cities across India, they have numerous calls from patients trying to find a bed. I’m quite afraid for the next month. Given the rapidity of the rise in cases, it is certainly worrying.”

SOURCE: Thai PBS World

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Business

Bitcoin sheds nearly 15% of its ‘value’ in one day

Tim Newton

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Bitcoin sheds nearly 15% of its ‘value’ in one day | Thaiger

After a meteoric, and probably unsustainable rise and rise over the past 12 months, Bitcoin has suffered a short and sharp mini-crash over the weekend, dropping nearly 15% of its value in less than an hour – a stark warning of the cryptocurrency’s unpredictable volatility.

Bitcoin dropped in ‘value’ from about US$59,000 to US$51,000 before rebounding. Ethereum and Dogecoin also suffered dramatic and sudden losses, before clawing back some of their losses.

This time last year Bitcoin was simmering around US$7,725 after bumping up and down on the spot since 2018. But last year, fuelled by fears of an over-heated US stock market, Covid volatility (whatever that is), government handouts and people-with-too-much-time-on-their-hands, Bitcoin went on a spectacular climb to peak at US$63,588 last Tuesday. But Newton’s first law (the scientist, not me) kicked into action, and with venom.

The price of a single Bitcoin hit a low of US$52,810.06 Saturday after tumbling more than US$7,000 in just one hour, before stabilising.

The drop on Saturday appears to have been triggered by a Twitter rumour that the US Treasury would crack down on money laundering schemes involving cryptocurrencies. Separately, Reuters reported a power blackout in China’s Xinjiang region, where a lot of Bitcoin ‘mining’ happens, was blamed for the steep dive.

That information came from data website CoinMarketCap.

The sudden rise of the cryptocurrencies over the past 12 months has drawn a lot of attention from governments and investors, and RobinHood-esque day trade brigade. Coinbass went public, and therefore ‘mainstream’, last Wednesday.

“All eyes are on Coinbase… as the cryptocurrency exchange prepares for its first day of trading as a public company on Nasdaq under the ticker symbol ‘COIN’.

Coinbase’s market debut is a special event for several reasons. First, it will be Nasdaq’s first major direct listing, an unusual route for companies to go public without the underwriting of an investment bank.” – USA Today

Then Dogecoin had a 500% rally – an ‘asset’ that was created as a joke 8 years ago – on April 16. 500%!!!

The fervent supports of cryptocurrencies, almost a cult, are having their moment and proving, for now, that they can have their day in the financial sun as well. With Coinbase’s successful debut on Wall Street last week, they’ve gone all suit and tie.

Last year’s sharp, and very tempting, rise in Bitcoin values has the wider financial market talking about the bubble in the cryptocurrency market – Bitcoin has more than doubled in value since the start of this year. The market will decide whether that bubble will continue to grow or do what bubbles eventually do.

At the end of 2017 the Bitcoin digital token rose in value to nearly US$20,000 before crashing to almost US$3,000 the following year.

For now, it’s all eyes on the cryptos to see which way they move. The only thing that can be guaranteed is that their valuations will remain volatile and that there will be winners and losers.

Bitcoin sheds nearly 15% of its 'value' in one day | News by Thaiger

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