Pallet, belts sighting boosts search for Malaysia Airlines MH370

March 23, 2014

Pallet_belts

Perth/Australia, Mar 23: The first visual sighting of objects that might be linked to Malaysia Airlines Flight MH370 boosted search operations on Sunday for the missing airliner that mysteriously disappeared more than two weeks ago.

Malaysia_Airlines_MH370Australian officials said a wooden cargo pallet, along with belts or straps, was spotted on Saturday in a remote stretch of the southern Indian Ocean that has become the focus of an intense international search in recent days.

"It's still too early to be definite," Australian Prime Minister Tony Abbott told reporters during a visit to Papua New Guinea.

"But obviously we have now had a number of very credible leads and there is increasing hope — no more than hope, no more than hope — that we might be on the road to discovering what did happen to this ill-fated aircraft."

The possible breakthrough came on the same day fresh Chinese satellite images emerged showing a large floating object in the same inhospitable region around 2,500 kilometres (1,500 miles) southwest of Perth.

The Australian Maritime Safety Authority (AMSA) confirmed it was the "first visual sighting" since Australian, New Zealand and US spotter planes began scouring the area on Thursday.

"Part of the description was a wooden pallet and a number of other items which were nondescript around it and some belts of some different colours," AMSA aircraft operations coordinator Mike Barton said.

Wooden pallets are quite common in aircraft and ship cargo holds.

The objects were spotted by observers on one of the civilian aircraft taking part in the search.

An air force P3 Orion aircraft with specialist electro-optic observation equipment was diverted to the same location, but only reported sighting clumps of seaweed.

"That's the nature of it," Barton said. "You only have to be off by a few hundred metres in a fast-travelling aircraft."

Sunday's search, involving four military and four civilian aircraft, would return to the area to try and zero in on the objects again, he added.

More ships, planes

China has dispatched seven ships to the hunt for the plane, adding to British and Australian naval assets involved.

"Obviously the more aircraft we have, the more ships we have, the more confident we are of recovering whatever material is down there," Abbott said.

If the plane did crash in the ocean, investigators are hoping to identify the impact site before the plane's black box stops emitting tracking signals — usually after 30 days.

The flight recorder will be crucial in solving the mystery of what caused the Boeing 777 with 239 passengers and crew aboard to suddenly veer off course over the South China Sea en route to Beijing.

Satellite and military radar data suggest the plane backtracked over the Malaysian peninsula and then flew on — possibly for hours — either north into South and Central Asia, or south over the Indian Ocean.

The question of what happened on board has become a topic of unbridled speculation, with Malaysian investigators standing by their assessment that the plane was deliberately diverted by someone on it.

Three scenarios have gained particular traction: hijacking, pilot sabotage, and a sudden mid-air crisis that incapacitated the flight crew and left the plane to fly on auto-pilot for several hours until it ran out of fuel and crashed.

A 'humanitarian' exercise

The long, largely fruitless search for the aircraft has been especially agonising for the relatives of the 227 passengers — two thirds of whom were Chinese — and 12 crew.

Their grief and frustration boiled over Saturday at a hotel in Beijing when police had to restrain angry family members confronting Malaysian officials they accused of withholding information.

Although the plane's disappearance is already the subject of a criminal investigation, Abbott stressed that the search was essentially a "humanitarian" exercise.

"We owe it to the almost 240 people on board the plane, we owe it to their grieving families, we owe it to the governments of the countries concerned, to do everything we can to discover as much as we can about the fate of MH370," he said.

The latest Chinese satellite images showed an object measuring 22.5 metres by 13 metres (74 by 43 feet).

Abbott said it was "consistent" with one of the objects identified in satellite images released by Australia on Thursday, but it was not clear if they were believed to be the same.

"Hope we find something today," Malaysian Transport Minister Hishammuddin Hussein said in a text message to AFP.

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Geneva, Jul 2: The World Health Organization (WHO) has estimated the overall number of coronavirus cases globally at 10,357,662, with 508,055 people having died from the disease.

The UN health agency said in the situation report published on late Wednesday that 163,939 new cases had been recorded in the past day, while further 4,188 patients had died.

Americas continue to lead the count with over 5.2 million cases, followed by Europe with more than 2.7 million.

The WHO declared the COVID-19 outbreak a pandemic on March 11.

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News Network
January 6,2020

Aboard Air Force One, Jan 6: US President Donald Trump threatened sanctions against Baghdad on Sunday after Iraq's parliament called on US troops to leave the country, and the president said if troops did leave, Baghdad would have to pay Washington for the cost of the air base there.

"We have a very extraordinarily expensive air base that's there. It cost billions of dollars to build, long before my time. We're not leaving unless they pay us back for it," Trump told reporters on Air Force One.

Trump said that if Iraq asked US forces to leave and it was not done on a friendly basis, "we will charge them sanctions like they've never seen before ever. It'll make Iranian sanctions look somewhat tame."

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News Network
June 2,2020

Jun 2: A new female billionaire has emerged from one of Asia's most-expensive breakups.

Du Weimin, the chairman of Shenzhen Kangtai Biological Products Co., transferred 161.3 million shares of the vaccine maker to his ex-wife, Yuan Liping, according to a May 29 filing, immediately catapulting her into the ranks of the world's richest.

The stock was worth $3.2 billion as of Monday's close.

Yuan, 49 this year, owns the shares directly, but signed an agreement delegating the voting rights to her ex-husband, the filing shows. The Canadian citizen, who resides in Shenzhen, served as a director of Kangtai between May 2011 and August 2018. She's now the vice general manager of subsidiary Beijing Minhai Biotechnology Co. Yuan holds a bachelor's degree in economics from Beijing's University of International Business and Economics.

Kangtai shares have more than doubled in the past year and have continued their ascent since February, when the company announced a plan to develop a vaccine to fight the coronavirus. They slipped for a second day Tuesday following news of the divorce terms, losing 3.1% as of 9:43 a.m. in Hong Kong and bringing the company's market value to $12.9 billion.

Du's net worth has now dropped to about $3.1 billion from $6.5 billion before the split, excluding his pledged shares.

The 56-year-old was born into a farming family in China's Jiangxi province. After studying chemistry in college, he began working in a clinic in 1987 and became a sales manager for a biotech company in 1995, according to the prospectus of Kangtai's 2017 initial public offering. In 2009, Kangtai acquired Minhai, the company Du founded in 2004, and he became the chairman of the combined entity.

China's rapidly growing economy has been an engine for the country's richest, and Du is not the only tycoon who's had to pay a steep price for a divorce. In 2012, Wu Yajun, at one point the nation's richest woman, transferred a stake worth about $2.3 billion to her ex-husband, Cai Kui, who co-founded developer Longfor Group Holdings Ltd. In 2016, tech billionaire Zhou Yahui gave $1.1 billion of shares in his online gaming company, Beijing Kunlun Tech Co., to ex-wife Li Qiong after a civil court settlement.

Sometimes, a goodbye can be time-consuming too. South Korean tycoon Chey Tae-won's wife filed a lawsuit in December asking for a 42.3% stake in SK Holdings Co. valued at $1.2 billion. That would make her the second-largest shareholder of the company should she win the case, which is still ongoing.

The most expensive divorce in history is that of Jeff and MacKenzie Bezos. The Amazon.com Inc. founder gave 4% of the online retailer to Mackenzie, who now has a $48 billion fortune and is the world's fourth-richest woman.

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