GUARDIAN Fri, 03 Feb 2012 08:41:27 GMT
Search teams battle rough seas and strong winds in search for further survivors of Rabaul Queen sinking
A day after rescuing nearly 250 survivors from a ferry that sank off Papua New Guinea's east coast, rescue teams searching for more than 110 others have so far been unsuccessful.
Many of the people missing are thought to be still be on board the vessel, which now lies at the bottom of the sea.
The MV Rabaul Queen sank on Thursday and large waves and strong winds continued to hamper rescue efforts. However, the rescue co-ordinator for Papua New Guinea's National Maritime Safety Authority, Captain Nurur Rahman, said he had not given up hope of finding more survivors.
The ferry was hit by three big waves before sinking. A survivor recovering in hospital, Alice Kakamara, said: "The sea was really rough, windy, big waves. The boat tilted once, then twice, then three times and it went over. There was oil everywhere."
The ferry's owners, Papua New Guinea-based Rabaul Shipping.......
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ECONOMIST Thu, 26 Jan 2012 16:02:59 GMT
IT IS rare in Japan to find one bold political leader, and even rarer to find two. Yet since the start of the year, two men with wildly different personalities, political styles and power bases have launched daring projects that they hope will help shake Japan out of its long economic funk. They may end up colliding with each other.The first is the prime minister, Yoshihiko Noda. At the opening of the Diet, or parliament, on January 24th, he said he would present a bill by the end of March that aims to double the consumption tax, to 10%. For well over a decade, the political establishment has acknowledged the need for an increase, but its nerve has failed it time and again, despite a ballooning government debt and rising social-security costs for an ageing population. Mr Noda is now gambling his political life on such a tax rise. He also wants to slash the number of Diet members from 480 in the lower house to 395, cut the salaries of civil servants by 8%, and reduce their........
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