sinks | Common News Update

Apr52021 by adminNo Comments

Ferry sinks after colliding in Bangladesh; at least 25 dead

World

An official says rescuers have recovered 25 bodies from a river outside Bangladesh’s capital after a ferry collided with another vessel and capsizedByThe Associated PressApril 5, 2021, 10:12 AM• 2 min readShare to FacebookShare to TwitterEmail this articleDHAKA, Bangladesh -- Rescuers have recovered 25 bodies from a river outside Bangladesh's capital after a ferry collided with another vessel and capsized, an official said Monday.The ferry ML Rabit Al Hasan sank Sunday night after being hit by a cargo vessel in the Shitalakkhya River in Narayanganj district, just outside Dhaka, officials said.Fire and civil defense official Ershad Hossain said rescuers recovered five bodies overnight and 20 others on Monday. Nine other people remained missing, he said.Hossain said the double-decker ferry w...

Sep22019 by adminNo Comments

Pound sinks after general election speculation

Business

The pound has continued to fall on currency markets amid intensified political uncertainty over Brexit.Reports of a possible snap general election weighed on sterling as MPs mulled efforts to push for a further three-month Brexit extension.Against the dollar, it sank more than a cent to $ 1.2050, while against the euro, it fell below the €1.10 mark.Prime Minister Boris Johnson has repeatedly insisted that the UK is ready to leave the EU without a deal.Brexit is currently scheduled to happen on 31 October.Pound v Dollar Under Mr Johnson, the government has toughened its stance on a no-deal Brexit, which it has said is "now a very real prospect".The pound was trading at about $ 1.50 against the dolla...

Dec112018 by adminNo Comments

Pound sinks after no confidence report

Business

Sterling fell against the dollar to a new 20-month low on Tuesday.The decline followed a Sky News report colleagues of Theresa May believed they had sufficient numbers to trigger a no-confidence vote in her leadership.Sky's deputy political editor Beth Rigby tweeted that Conservative MPs were "pretty confident" they had the 48 letters needed.But other media reported that total had not yet been reached.The pound fell to $ 1.2490, down more than half of one percent on the day, after earlier trading above $ 1.26.Investors spookedOn Tuesday a stronger dollar also dragged on the UK currency.Against the euro, sterling was at 90.555 pence, near a three-and-a-half-month low.Tuesday's weakness in the pound follows Mrs May's decision on Monday to delay a parliament...

Jun262017 by adminNo Comments

Nine dead after Colombia tourist boat sinks

World

A boat carrying around 170 tourists has sunk in a reservoir in northwestern Colombia.The accident on the Penol reservoir near the town of Guatape, which is approximately 45km east of Colombia's second largest city of Medellin, has left nine people dead and 28 others missing.The head of disaster relief for Antioquia province, Margarita Moncada, said: "At the moment we have nine people found dead. Another 99 people were rescued immediately and 40 more got out on their own."President Juan Manuel Santos and the mayor of Medellin said emergency services, scuba divers and the air force were involved in a major rescue operation.It is not yet clear where the tourists were from or what caused the accident.Images on social media showed smaller boats rushing towards the sinking ferry.Local media has ...

Jun122017 by adminNo Comments

Hung parliament sinks business confidence, IoD finds

Business

The uncertainty caused by the general election has led business confidence to sink "through the floor", according to a lobby group.A snap poll of 700 members of the Institute of Directors found a "dramatic drop" in confidence following the hung parliament.Members saw no clear way to resolve the political impasse quickly, the IoD said.However, it found there was "no desire" for another election this year.Going to the polls again before Christmas would have a negative impact on the UK economy, which was already facing global headwinds, the IoD said.The loss of the Conservatives' majority in the Commons has led Theresa May to seek the support of MPs from Northern Ireland's Democratic Unionist Party to govern.The resulting political uncertainty could have disastrous consequences for the UK eco...