UK tech tycoon Mike Lynch missing after yacht sinks – Newstrends
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UK tech tycoon Mike Lynch missing after yacht sinks

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British tech tycoon Mike Lynch

UK tech tycoon Mike Lynch missing after yacht sinks

British tech tycoon Mike Lynch and his 18-year-old daughter are among the six people missing after a luxury yacht sank off the coast of the Italian island of Sicily in the early hours of Monday morning.

The 56m (183ft) vessel was carrying 22 people including British, American and Canadian nationals. Fifteen people were rescued, including a one-year-old British girl, and authorities are continuing their search into the night.

Local media reported the yacht, named Bayesian, capsized at about 05:00 local time after encountering a heavy storm overnight that caused waterspouts, or rotating columns of air, to appear over the sea.

Mr Lynch, known by some as “the British Bill Gates”, co-founded software company Autonomy, which was later bought by tech giant Hewlett-Packard for $11bn (£8.6bn).

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Witnesses told Italian news agency Ansa that the Bayesian’s anchor was down when the storm struck, causing the mast to break and the ship to lose its balance and sink off the coast of village Porticello, near Sicilian capital Palermo.

A waterspout is similar to a tornado and can form over oceans, seas or large lakes.

Divers have identified a wreckage 50m below the water’s surface and are searching for those missing.

The director general of Sicily’s civil protection agency, Salvatore Cocina, told the BBC Mr Lynch, his daughter Hannah Lynch and the yacht’s chef were among the missing.

He said the search, involving caving and rescue diving teams, would continue overnight.

The body of one man was found outside of the wreckage. His nationality has not been confirmed.

UK tech tycoon Mike Lynch missing after yacht sinks

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UK visa: British govt raises financial requirements for students, workers

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UK visa: British govt raises financial requirements for students, workers

International students and skilled workers applying for visas to the United Kingdom will face higher financial requirements beginning January 2, 2025.

These changes, announced by the UK government, require applicants to show more money in their bank accounts to cover living expenses during their stay.

These updated regulations affect those hoping to study or work in the UK, with new financial thresholds set for students and skilled workers.

These changes are aimed at ensuring that applicants have the necessary financial resources to support themselves during their time in the UK.

Increased financial requirements for students 

International students seeking a UK study visa will now need to show higher amounts of money to cover their living expenses. For students attending courses in London, the required amount is £1,483 per month, while students studying outside London will need to show £1,136 per month, TravelBiz reports.

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For a typical one-year master’s program, students must show £13,347 if studying in London, and £10,224 for those outside London. The funds must be held in the applicant’s bank account for at least 28 consecutive days before submitting the visa application.

Comparison with current financial requirements 

According to reports, currently, the financial requirements are lower. For students in London, the monthly amount is £1,334, while those studying outside London need to show £1,023 per month. Under the new rules, these amounts will increase, placing additional financial burdens on prospective students.

Changes to skilled worker visa financial requirements 

Skilled workers applying for a visa to the UK will also face new financial thresholds. According to reports, to qualify for a skilled worker visa, applicants must have an annual income of at least £38,700 to cover living expenses and accommodation. In addition, applicants must secure sponsorship from an employer approved by the Home Office.

Like student applicants, skilled worker visa applicants must demonstrate that they have the required funds in their account for at least 28 consecutive days before submitting their application if they do not have employer sponsorship.

Updated UK visa fees and exemptions 

Visa application fees for 2025 have been revised to reflect inflation and improved services. The new fees for various visa categories are as follows:

  • Short-term Visit (6 months): $153 
  • Long-term Visit (2 years): $573 
  • Long-term Visit (5 years): $1,023 
  • Long-term Visit (10 years): $1,277 
  • Skilled Worker Visa: $827 
  • Student Visa (Outside UK): $647 
  • Parent of Student Child Visa: $845 

Priority visas are priced at $550, while super-priority visas cost $1,050. However, certain groups such as individuals with disabilities, carers, and professionals in specific sectors like healthcare, the armed forces, and talent-based roles will continue to benefit from fee waivers.

The 28-day rule for financial documentation 

A key new regulation is the “28-day rule”. Applicants must ensure that the required funds remain in their bank account for at least 28 consecutive days, without dipping below the required amount.

Bank statements or certified letters submitted as part of the financial documentation must show that the closing balance is no older than 30 days when the visa application is submitted. Failure to comply with this rule may result in visa rejection

UK visa: British govt raises financial requirements for students, workers

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Moscow attacks Ukraine with drones, missiles

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Moscow attacks Ukraine with drones, missiles

Kyiv said Tuesday that Russia had launched a barrage of drones and missiles across Ukraine, conceding that there were successful strikes in the east of the country and near the capital.

Authorities did not elaborate on what had been hit but in the wider Kyiv region, the governor said debris from a downed projectile had damaged a private home and wounded a woman.

Moscow said its forces had used attack drones and precision weapons in a “combined” assault on a military airfield and a munitions production facility, claiming that the targets were struck.

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The Ukrainian air force said Russia had launched 21 missiles of various types and 40 drones in the barrage, adding that seven missiles and 16 unmanned aerial vehicles were downed.

“As a result of the Russian attack, there were ballistic missile hits in Sumy and Kyiv regions,” the air force said.

Russia has launched aerial attacks on Ukraine at night almost every day since its forces invaded in February 2022, targeting military and civilian infrastructure, too, like energy facilities.

Ukraine has stepped up its own drone and missile attacks inside Russian territory in response, and urged its Western allies to supply more air defence systems.

A Ukrainian drone attack in western Russia caused a fuel spill and fire at an oil depot, a Russian regional governor said earlier Tuesday.

 

Moscow attacks Ukraine with drones, missiles

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Catholic priest sentenced to 11 years for criticising his president

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Catholic priest sentenced to 11 years for criticising his president

A Catholic priest in Belarus on Monday was convicted on charges of high treason for criticising the government and handed an 11-year sentence, in the first case of politically-driven charges against Catholic clergy since Belarus became independent after the Soviet Union collapsed in 1991.

The conviction and sentencing of Rev. Henrykh Akalatovich comes as Belarusian authorities have intensified their sweeping crackdown on dissent ahead of the Jan. 26 presidential election that is all but certain to hand authoritarian President Alexander Lukashenko a seventh term in office.

The Viasna Human Rights Centre said Akalatovich, 64, rejected the treason charges. The group has listed him among 1,265 political prisoners in the country.

“For the first time since the fall of the Communist regime, a Catholic priest in Belarus was convicted on criminal charges that are levelled against political prisoners,” said Viasna’s representative Pavel Sapelka. “The harsh sentence is intended to intimidate and silence hundreds of other priests ahead of January’s presidential election.”

Akalatovich, who has been in custody since November 2023, was diagnosed with cancer and underwent surgery just before his arrest. The priest from the town of Valozhyn in western Belarus, who was critical of the government in his sermons, has been held incommunicado, with prison officials turning down warm clothing and food sent to him.

Arkatovich is among dozens of clergy — Catholic, Orthodox and Protestant — who have been jailed, silenced or forced into exile for protesting the 2020 election that gave Lukashenko a sixth term. The disputed vote that the opposition and the West said was marred with fraud triggered mass protests,. The authorities then responded with a sweeping crackdown that saw more than 65,000 arrested and thousands beaten by police.

Catholic and Protestant clergy who supported the protests and sheltered demonstrators at their churches were particularly targeted by repressions. Belarusian authorities openly seek to bring the clergy into line, repeatedly summoning them for “preventive” political talks, checking websites and social media, and having security services monitor sermons.

While Orthodox Christians make up about 80% of the population, just under 14% are Catholic and 2% are Protestants.

Lukashenko, who has ruled Belarus for nearly 30 years and describes himself as an “Orthodox atheist,” lashed out at dissident clergy during the 2020 protests, urging them to “do their jobs,” and not fuel unrest.

Lukashenko is one of Russian President Vladimir Putin’s closest allies, allowing Russia to use his country’s territory to send troops into Ukraine in February 2022 and to deploy some of its tactical nuclear weapons in Belarus.

Catholic priest sentenced to 11 years for criticising his president

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