Connect with us
https://tickernews.co/wp-content/uploads/2023/10/AmEx-Thought-Leaders.jpg

News

Titanic sub “in race against time”

Published

on

There is now only a slim chance of rescuing five people aboard the still missing submersible Titanic.

“More people been to outer space than this depth of the ocean,” Titanic expedition leader, G. Michael Harris told Fox News.

“The worst situation is something happened to the hull and our fear is it imploded at (a depth of) 3200m .’’

The sub, according to retired US submarine commander David Marquet, “might as well be on the dark side of the moon”. Even if it is found, it would need to be raised and brought back aboard the mother ship – an extraordinarily difficult operation.

“It needs us to rescue them,” he said.

Even if the sub is found intact near the Titanic wreck, Mr Harris warned, bringing the vehicle to the surface in time would be next to impossible.

Harris reiterated, “You have to make sure you cross every “t” and dot every “i” and follow every step to the letter.”. Throwing a bunch of tourists into a new sub created over the last couple of years, it’s not looking good.’’

Titan had about 40 hours of oxygen remaining for five people on board, Captain Jamie Frederick, of the First Coast Guard District, said at a press conference this morning.

The search is “complex” and requires the involvement of multiple agencies.

Only the most optimistic scenario is that Titan has floated to the surface after ditching ballast and is waiting to be found by the increasing number of C-130 Canadian and US coast guard aircraft that are sweeping the region.

Deep Energy, a deep sea cable boat, has been moving slowly over the wreck of the Titanic since Tuesday afternoon Australian time. Upon receiving the STD-C – a marine satellite service – emergency message on Sunday, the vessel was the first to respond. On Monday evening, the ship changed its bearings and headed to the Titanic wreck site.

On June 19, the STD-C alert was issued at 10.25 Zulu (GMT), more than 12 hours after the sub had been scheduled to surface after a 12 hour descent, observation of the Titanic, and ascent.

Continue Reading

News

The EV transformation expands to legacy vehicles

Published

on

This week witnessed another milestone in the automotive industry as the legendary Mercedes-Benz G-Wagen embarked on its electric journey, aligning with global sustainability efforts.

Simultaneously, Toyota and Mazda debuted EV offerings tailored for the booming Chinese market, signalling a strategic shift towards collaboration with advanced Chinese partners.

While the electric G-Wagen promises both eco-friendliness and off-road prowess with its innovative design, questions arise about Japanese automakers’ perceived lag in EV development, countered by the strategic imperative to tap into the rapidly growing Chinese EV market. As automotive icons embrace electrification and traditional players adapt through partnerships, it’s clear that collaboration and innovation will drive the future of mobility.

Continue Reading

News

The degree dilemma, income shifts, debt, and dream homes

Published

on

As individuals face the daunting choice between paying off student debt, saving for a first home deposit, or exploring alternative options like rentvesting, careful consideration of various factors becomes imperative.

 

In the midst of these challenges, a couple in the inner north ingeniously employed a strategy to realise their dream of a larger home while managing HECS debt and affordability hurdles.

Rentvesting emerges as a viable solution for individuals grappling with the burdens of high HECS debt and property affordability issues.

Moreover, the decreasing income premium tied to a university degree is closely intertwined with changing economic dynamics and shifts in the job market, underscoring the need for innovative approaches to education and financial planning in today’s society.

Continue Reading

News

President Biden signs TikTok bill – what’s next?

Published

on

TikTok users could soon find that the popular social media service is either under new ownership or could be outright banned in the United States.

President Joe Biden signed a bill into law that requires TikTok to find a new owner—or face a ban in the United States.

Over the past several months, Washington D.C. has been under pressure to ban the popular Chinese-owned social media app.

Lawmakers and security experts have long raised concerns that the Chinese government could tap TikTok’s trove of personal data about millions of U.S. users.

TikTok’s CEO said the bill is disappointing and reiterated that the company has committed to challenge it.

David Zhang from China Insider. joins Veronica Dudo to discuss

Continue Reading
Live Watch Ticker News Live
Advertisement

Trending Now