T-Junction 'crisis' looms near end of Thai cave rescue

Agencies
July 8, 2018

Mae Sai, Jul 8: Twelve boys and their football coach trapped in a flooded Thai cave will have to squeeze through an extremely narrow tunnel in pitch blackness -- the main "crisis" point that looms near the end of their treacherous escape bid.

Authorities have highlighted the tiny passageway near T-Junction, or Sam Yak in Thai, as the most dangerous element of the journey for the "Wild Boars" team that began Sunday morning, but there are many other potential pitfalls.

The rescue effort is likely to take two to three days to complete, Major General Chalongchai Chaiyakorn, an army commander, told reporters, adding it "depends on other factors like the weather".

Here are some of the challenges that the boys and their coach will face leaving the cave they ventured into on June 23, becoming trapped more than four kilometres (2.4 miles) from the entrance because of monsoon rains.

The boys, aged from 11 and 16, have no diving experience and some can not even swim. They have received training in recent days in preparation for the extraction effort, but they will have to swim using scuba gear through fast-flowing water in darkness, a challenge for even elite divers.

The difficulty of the journey was underscored when a former Thai Navy Seal diver died on Friday after running out of oxygen in the cave.

Thirteen "world class" foreign divers and Thai Navy Seals are involved in the rescue effort. Two divers will escort each of the boys and the coach, aged 25.

The sliver of space is 1.9 kilometres (1.2 miles) from the shelf where the boys have been sheltering above the waters. After energy-sapping efforts navigating jagged tunnels and clambering up or down rock walls for this distance, they will confront Sam Yak.

"The biggest crisis spot for diving is on the left from the T-Junction," said Narongsak Osottanakorn, the rescue mission chief, in a briefing on July 2.

"There is a tunnel that has a passageway going up and coming down narrowly and you have to turn a bit and it's very small."

After that though, the tunnels widen, the waters subside, and walking is even possible, according to authorities, with the rest of the journey expected to be relatively safe as they will have reached a forward operating base inside the cave.

The journey will be a long one. The rescue mission chief, Narongsak Osottanakorn, told reporters on Sunday that the first boy was not expected to emerge until 9pm (1400 GMT) on Sunday. This tallies with previous estimates from officials that it would take the divers five hours to reach the ledge where the team is trapped, and six hours for the journey out.

The boys were found dishevelled and weak nine days after they ventured in. Although they have been receiving food and medicine since then, their lack of strength could be a crucial factor in determining their fate.

The water in the cave is muddy and unclear, with one diver comparing it to a cafe latte. The labyrinth has no outside light. The boys will be helped through the darkness by guiding rope, torches and the escorts.

Nevertheless, the poor visibility is one of the factors raising concerns about the boys -- already traumatised after spending so long in the cave and having to swim underwater -- potentially panicking.

"The mental side of this has to be one of the top considerations," Andrew Watson, an experienced rescuer of mineworkers, previously told AFP.

"Just one individual panicking can cause a problem," he said.

The operation was launched after several days of relatively mild weather, as more than 100 million litres of water were pumped out of the cave.

Kobchai Boonyaorana, deputy director-general of the Disaster Prevention and Mitigation Department of the Interior Ministry, told reporters Sunday that the water level in the cave had continued to recede, and that rainfall was less than expected.

But weather forecasters warned heavy rain was on its way, which could flood the area completely. They said there was a 60-per cent chance of moderate to heavy rain on Sunday afternoon, and that heavier rain would continue from Monday to Thursday.

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Agencies
February 14,2020

Lucknow, Feb 14: Uttar Pradesh doctor Kafeel Khan was on Friday booked under the National Security Act (NSA) over his alleged anti-CAA speech at Aligarh Muslim University on December 12, 2019.

The Uttar Pradesh slapped NSA on Kafeel Khan on Friday even as the doctor waited to be released from jail despite being granted bail on Monday in connection with his alleged inflammatory speech.

SP Crime Dr Arvind said that there were sufficient grounds to book the doctor under NSA.

The suspended pediatrician, Kafeel Khan, was arrested for allegedly delivering a controversial speech during Anti-CAA protests on December 12 at the Aligarh Muslim University or AMU. While he was granted bail on Monday, his family members claimed on Thursday that he was yet to be released.

Dr Kafeel Khan's brother Adeel Ahmed Khan had issued a statement saying that despite being granted bail Mathura jail authorities had not honoured the court's order.

Dr Kafeel Khan was arrested by the UP Special Task Force from Mumbai on January 29 for participating anti-CAA protest at AMU. A case was registered against him at the Civil Lines police station here for promoting enmity between different religions.

After his arrest in Mumbai, Dr Khan was brought to Aligarh, from where he was shifted to the district jail in neighbouring Mathura.

According to police, this was done as a precautionary measure in view of the anti-CAA protests on the AMU campus and at the Eidgah grounds in the old city. Police had said that the Dr Khan's presence in the Aligarh jail could have aggravated the law and order situation in the city.

The doctor was earlier arrested for his alleged role in the death of over 60 children in one week at the BRD Medical College in Gorakhpur in August 2017. Short supply of oxygen at the children's ward was blamed at that time for the deaths.

About two years later, a state government probe cleared Khan of all major charges, prompting him to seek an apology from the Yogi Adityanath government.

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Agencies
May 17,2020

New Delhi, May 17: Eight of the 10 most valued domestic firms suffered a combined erosion of Rs 1,37,311.31 crore in market valuation last week, with Reliance Industries (RIL) taking the biggest knock.

Only Bharti Airtel and ITC from the top-10 list managed to close the week with gains.

RIL's market cap plunged Rs 65,232.46 crore to Rs 9,24,855.56 crore.

The market valuation of HDFC Bank declined Rs 22,347.07 crore to Rs 4,87,083.88 crore and that of Hindustan Unilever Limited tanked Rs 13,192.26 crore to Rs 4,77,458.89 crore.

ICICI Bank's market cap dropped Rs 9,770.06 crore to Rs 2,08,900.79 crore.

Infosys witnessed a decline of Rs 9,518.84 crore in valuation to reach Rs 2,77,814.09 crore while that of HDFC tumbled Rs 9,370.38 crore to Rs 2,83,293.70 crore.

The m-cap of Kotak Mahindra Bank slipped by Rs 7,805.2 crore to Rs 2,25,327.22 crore.

Tata Consultancy Services' market valuation dipped Rs 75.04 crore to Rs 7,10,439 crore.

In contrast, Bharti Airtel added Rs 13,147.89 crore to its valuation to stand at Rs 3,02,292.43 crore.

ITC's valuation also rose by Rs 7,744.11 crore to Rs 2,02,330.13 crore.

In the ranking of top-10 firms, RIL retained the number one spot, followed by TCS, HDFC Bank, HUL, Airtel, HDFC, Infosys, Kotak Mahindra Bank, ICICI Bank and ITC.

During the last week, the Sensex declined 544.97 points or 1.72 per cent.

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News Network
March 6,2020

New Delhi, Mar 6: As panicky depositors rushed to withdraw money from Yes Bank whose control was seized by the RBI in a dramatic late-night move, Finance Minister Nirmala Sitharaman on Friday assured depositors that their money is safe and said the central bank was working for an early resolution of the crisis.

The Reserve Bank of India (RBI) on Thursday evening capped withdrawals at Rs 50,000 for the next one month and imposed strict limits on operations at the country's fourth-largest private lender that faced "regular outflow of liquidity" after an effort to raise new capital failed.

"I am in continuous interaction with the RBI. The RBI is fully seized of the matter and has assured they will give a quick resolution," Sitharaman said here.

She said no depositor will lose his or her money and insisted that the immediate priority is to ensure Yes Bank customers are able to withdraw money within the stipulated cap.

"I want to assure every depositor that their money shall be safe. Their monies are safe," she said. "I am constantly in contact with the RBI and the steps that are taken are taken in the interest of depositors, banks and economy. We are fully seized of the development."

She was talking to reporters after meeting State Bank of India (SBI) Chairman Rajnish Kumar. On Thursday, the SBI board gave its "in-principle" approval to exploring investment opportunities in Yes Bank.

"So I repeat, the depositors can be assured that their money is safe," she said.

Soon after the RBI takeover, depositors thronged Yes Bank ATMs to withdraw money and police had to be deployed in some places to control the crowds.

Yes Bank has 1,000 branches across the country.

Refusing to elaborate on her meeting with the SBI chairman, the minister said that "was on a completely different matter".

"RBI governor has given me assurance that there will be an appropriate resolution soon. No depositor will lose (money)," she said. "Reserve Bank has taken cognizance of the problem."

The central bank, she said, has gone through the "process over and over again to find out an amicable solution".

"And that has been over the last couple of months. So it is not as if they have come in suddenly now. We have been monitoring the situation," she said adding the RBI has appointed an administrator who previously was with the SBI.

"Both the RBI and the government are looking at this with all the details before them, not just today. I have personally monitored the situation over the last couple of months with the RBI. Therefore we have taken a course which will be in everybody's interest," she added.

Yes Bank had been seeking new capital since last year to bolster its ratios and quell questions about its stability due to its exposure to the non-banking finance industry entangled in a prolonged crunch in the local credit market.

The SBI chairman said the resolution to the Yes Bank crisis will come "very shortly".

"This is not a sectoral problem. It is a bank-specific problem," he said. "The RBI will take all steps to ensure financial stability."

On SBI picking up a stake in Yes Bank, he said the lender already has an in-principle approval for doing so.

"If SBI has to pick up a stake in Yes Bank, we have an in-principle approval for that," he said.

Commenting on the crisis at Yes Bank, Alka Anbarasu, Vice President – Senior Credit Officer, Financial Institutions, Moody's Investors Service, said: "RBI's moratorium on Yes Bank is credit negative as it affects timely repayment of bank depositors and creditors."

"While Moody's expects Indian authorities will take steps to prevent the weakness in the bank's viability from significantly impacting its depositors and senior creditors, the lack of a coordinated and timely action highlights continued uncertainty around bank resolutions in India," she said.

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