Matein Khalid Dubai’s royal and merchant elite has always had a significant financial exposure to UK PLC, and thus sterling. The historical umbilical cord between Britain and Dubai goes back to even before the birth of the UAE Federation in December 1971. The late Sheikh Rashid al Maktoum, the father of the current ruler of Dubai, was a frequent guest at Buckingham Palace, Windsor Castle and Sandringham. […]
KUALA LUMPUR, MALAYSIA – Media OutReach – 5 September 2023 – Respond.io, a pioneer in customer conversation management solutions, proudly announces its attainment of the prestigious ISO 27001:2022 certification. This marks a significant milestone in the company’s ongoing pursuit of watertight data security, operational excellence and industry leadership. The respond.io Trust Center is a repository of the company’s privacy practices and security measures Elevating Standards in Data […]
The Vishva Hindu Parishad on Sunday attacked DMK leader Udhayanidhi Stalin over his remarks against ’Sanatan Dharma’ and asked him to refrain from making such statements as they can lead to “serious consequences”. In a statement, VHP working president Alok Kumar also asked the DMK-led Tamil Nadu government to clarify if it concurs with Udhayanidhi […]
The post Stalin son’s call: VHP warns of serious consequences first appeared on Latest India news, analysis and reports on IPA Newspack.
RMS Republic – Then and Now – Port
2022 Salvage Kit, 500 ft Salvage Barge, 1400 Ton Crane, 1000 Ton Grab – The Right Tools
Annotated Survey
Lords Of Fortune Releases its Expanded Report on a 45 Ton Tsarist State Bank Shipment of US Gold Eagle Coins, a Treasure by Itself Exceeding $7 Billion
MIAMI BEACH, FLORIDA, USA, August 31, 2023/EINPresswire.com/ — Lords of Fortune LLC today released its updated and greatly expanded research report RMS Republic, Cargo: Russian State Bank Shipment, authored by Capt. Martin Bayerle. “For years, I had focused all my research efforts on Republic’s oft-quoted cargo of $3 million in American Gold Eagle coins. That cargo was also the subject of my 2013 book The Tsar’s Treasure, and my 2016 History Channel nine-episode series Billion Dollar Wreck,” Bayerle said. In 2017, Bayerle came into information suggesting that the reported $3 million Russian State Bank shipment was only a part of a much larger $25 million shipment, today estimated to exceed $7 billion.
“This August we uncovered bank records which confirm our hypothesis and explain the transaction. In brief, the Russian State Bank redeemed $25 million in its 1904 War Bonds which Russia had issued to fight the Japanese. Those bonds matured in 1909. $25 million face-value in 1909 bearer bonds replaced the 1904 bonds. The 1909 bonds were sold on Wall Street at a discounted price of $22 million. The $3 million balance owed to the 1904 bondholders was paid in cash. That’s where the reports of Republic’s oft-quoted $3 million cargo originated. $3 million was only a part of the $25 million Russian State Bank shipment,” He continued, “That’s 45 tons of US gold coins. That makes us the G.O.A.T. We will be the largest treasure recovery of all time, bar none!”
RMS Republic was a 570-foot long, 15,000-ton White Star Line luxury liner that sank in January 1909 after leaving from New York for Europe, carrying many wealthy passengers and their baggage, thousands of sacks of mail, a large shipment of US Navy supplies (including a payroll for 16,000 sailors), as well as an only-rumored shipment of $3 million in U.S. gold coins. The ship was T-boned in very dense fog by an incoming Italian immigrant ship, the SS Florida, in the early morning hours of January 23, 1909, about 50 miles south of Nantucket, Massachusetts. She stayed afloat for 39 hours after the collision, allowing all passengers to transfer to other vessels via lifeboats and enough time for tug boats to begin towing Republic back to the U.S. coast for repairs. Passengers were told to hold onto their stateroom keys and they could retrieve all their belongings once the injured ship was safely back in port. However, Republic didn’t make it. The “unsinkable ship” slipped beneath the waves on the way back with all cargo and passenger belongings still on board. At the time, RMS Republic was the largest ship to sink in history until she would be surpassed 3 years later, in 1912, by another unsinkable luxury White Star Liner, Titanic. However, what was the end of Republic’s story as a reliable luxury liner transporting wealthy passengers and cargo transformed into the beginning of another one – that of a lost sunken shipwreck containing, as one treasure book author put it, “riches beyond most men’s wildest dreams.”
Republic soon became a hot topic among salvage outfits of the time, but at 270 feet below the surface she was, at the time, technologically out of reach. Titanic was lost in 1912. World War I, the 1917 overthrow by the Bolsheviks of the Tsarist Government, and the Great Depression soon followed; the Republic’s rumored cargo, except in treasure lore, soon faded from history.
While the physical recovery of the cargo was impossible until the 1960s, and, even today remains technologically daunting, research was the greatest challenge: solving the mystery. Enter Martin Bayerle, who sought to locate the wreck, found her in 1981 and has been digging through archives all over the world and piecing together the details ever since. What kept the cargo in place was primarily the secrecy regarding the specifics of her cargoes, and the original government ownership interests. The Tsarist Government had ceased to exist in 1917, and the Bolsheviks soon repudiated all Tsarist debt. “There was simply no Government with whom to contract a salvage, and the British, French and Americans were not going to give the Bolsheviks this gold, gold acquired from their sale of repudiated, worthless bonds,” said Bayerle.
The US Government litigated with Bayerle’s company for over a decade claiming that it owned “all” the gold aboard. “We have also proven a 1909 $800,000 US Navy shipment, todays value at about $200 million. And the US Government ended up with a subrogated interest to the Tsarist gold. When the Bolsheviks repudiated Tsarist debt in 1918, the US Government bailed out the New York banks and investors who had purchased Tsarist bonds; the ownership then fell to them. The problem for the US Government is that, shortly after they had recognized the Soviet Union in 1933, they then paid themselves from seized Tsarist assets, assets which the US Government had frozen in 1918. So, the US Government couldn’t double dip into Republic’s gold,” Martin Bayerle said. The US Government’s claim has since been dismissed with prejudice and, in 2011, Bayerle’s company was awarded legal title to the wreck and all of her cargoes by the U.S. District Court in Boston. All future claims were also barred by the Court.
“The next step is to remove several thousand tons of collapsed decks and debris on top of where we believe the gold to be,” remarks Bayerle. “A minimum of $6.5 million is needed to reach the gold chamber. The total expense is expected to fall in the range of $20-25 million. But once gold is seen, on a $10 billion cargo, we can debt finance any amount needed to complete the recovery. If we could make a business case and decided, then, to raise the entire ship at a cost of $400 million, even that would be possible.”
“We’ll let the market determine our current valuation. We’re looking for the right partners to structure a deal,” said Bayerle.
Martin G. Bayerle
Lords Of Fortune LLC
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VANCOUVER, BRITISH COLUMBIA, CANADA, August 28, 2023 /EINPresswire.com/ — As …
By James M Dorsey Saudi Arabia’s stunning sports acquisition blitz, alongside Qatari and Emirati European club purchases, may reshape the beautiful game, just not in ways Crown Prince Mohammed bin Salman and other Gulf rulers like Qatari Emir Tamim bin Hamad Al Thani envisioned. The Gulf’s impact on European and world soccer could be determined […]
The post A Global Challenge Emerging To Shifting Of Global Sports Capital To Arabian Sands first appeared on Latest India news, analysis and reports on IPA Newspack.
The Northwest Arkansas singing/songwriting duo Haley Webster and Craig Brown of the band Project 1268 are gaining popularity in the U.K. with their new single Bravery and Apathy.
Cover of the new song “Bravery and Apathy,” which is generating a lot of airtime currently in the U.K.
Project 1268 logo.
Arkansas songwriting duo making waves in the United Kingdom. The pair has original songs currently playing on Britain’s largest Internet station.
BENTONVILLE, ARKANSAS, UNITED STATES, August 24, 2023/EINPresswire.com/ — FOR IMMEDIATE RELEASE
August 23, 2023
NW Arkansas Band Project 1268 Hitting Airwaves in U.K.
Northwest Arkansas’ hottest pop band Project 1268 is hitting the airwaves in the United Kingdom with their new song Bravery and Apathy. The song, which was released earlier this summer, has become quite popular with the British getting up to 20 plays a week on Britain’s largest Internet radio station Amazing Radio, along with plays in the U.S.
The song hits the rock segment with this remastered anthem and is gaining the attention of rock listeners and reviewers alike.
British music reviewer Tamera Jenna said the song was “a roaring statement of defiance, introspection, and raw power.”
“The song isn’t just about powerful music. It’s also about meaningful content,” she said. “The lyrics are thought provoking, demanding multiple listens to truly unpack the layers of meaning.”
In the true style of the band, “Bravery and Apathy” focuses on the thoughts of society and reflects the challenges between letting your voice be heard or remaining complacent in the challenges of the world.
The band was formed by the songwriting and performing duo of Craig Brown and Haley Webster, two high school friends from Oklahoma. The duo recently placed sixth in a national contest for the chance to perform in New York City.
Brown said it’s always amazing when they hear their songs get picked up by stations heard around the world.
“We can’t believe it sometimes. Our daily life goes by then we hear our songs are getting multiple plays on Britain’s largest Internet radio station. To think someone over there is driving along and listening to something we wrote and recorded is sometimes overwhelming,” he said.
Webster said each of their songs has their own message, but each one speaks to the same thing – connecting with human beings regardless of where they live.
“Our purpose in our lyrics is to connect with other human beings. To say, ‘I’ll start the conversation: here’s my experience.’ I reach out to them, and they hear my story; we are connected,” she said. “If that story resonates with them, it strengthens and encourages both of us because we feel understood and acceptable. Knowing that is powerful.”
“Bravery and Apathy” is the fourth song by the group to be picked up by the station this year. Other songs that have resonated with listeners both here in the U.S. and abroad include “Happiness” and “Put The Needle Down” as well as the album “Scarce Commodities.”
The new single and the group’s other songs are available on Spotify and many of their music videos can be seen on YouTube. For more information, visit the group’s website at www.project1268.com. The group can also be reached through Instagram, Facebook, and YouTube. For bookings go to https://project1268.com/bookings or contact [email protected].
###
Randy D Gibson
RDG Communications
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In 2019, Narendra Modi went to the electorate seeking another term, harping on the much talked about Balakot strike in which the Indian Air Force went deep inside Pakistan to mount an aerial attack on February 26, 2019. The air strike — India’s response to the Pulwama attack — was piloted by 12 Mirage 2000 […]
The post Swadeshi may be theme song of BJP for 2024 first appeared on Latest India news, analysis and reports on IPA Newspack.
KUALA LUMPUR, MALAYSIA – Media OutReach – 21 August 2023 – Respond.io, a pioneering customer conversation management software provider, has relocated its headquarters to Permata Sapura Tower in Kuala Lumpur’s central business district to support its rapid growth. Respond.io’s new office comprises spaces for deep work, collaboration and leisure. Since its inception in 2017, respond.io has quickly established itself as a key industry player with 10,000 companies […]
BURNABY, BRITISH COLUMBIA, CANADA, August 20, 2023 /EINPresswire.com/ — What is Synthetic …
By Harihar Swarup Prime Minister Narendra Modi’s Independence Days speech seems to have disappointed two very different kinds of political observers. For Modi admirers, the speech does not offer any new mantra. Except for the slogan, “demography, democracy and diversity”. Modi did not make any extraordinary or unexpected claim that could be highlighted as master […]
The post Prime Minister’s Tenth Address From Red Fort Makes A Distinctive Political Statement first appeared on Latest India news, analysis and reports on IPA Newspack.
By Binoy Viswam The month of August calls upon every Indian to recall the unfading saga of great struggles and heroic sacrifices. This is the month that brought the long-awaited freedom to our people. Our long-drawn freedom struggle was an unparalleled one where various streams of struggles, from Satyagraha to Armed Revolt, flowed together and […]
The post Prime Minister’s Red Fort Address Was A Pitiable Show By A Failed Politician first appeared on Latest India news, analysis and reports on IPA Newspack.
By P. Sudhir Prime Minister Narendra Modi’s Red Fort speech on the occasion of the 77th Independence Day had all the hallmarks which have become typical of his Independence Day speeches of the past years. There were the boastful claims of how, since 2014, India has made tremendous progress in all fields. The only new […]
The post Narendra Modi’s Tenth Independence Day Speech Was A Display Of Toxic Politics first appeared on Latest India news, analysis and reports on IPA Newspack.
Fobi AI Inc. (TSX:FOBI)
VANCOUVER, BRITISH COLUMBIA, CANADA, August 16, 2023 /EINPresswire.com…
The Bharatiya Nyaya Sanhita (BNS) Bill which is proposed to replace the British-era Indian Penal Code (IPC) does away with two contentious provisions on unnatural sex and adultery that were diluted and struck down respectively by the Supreme Court in 2018. Under the IPC, Section 377 says “whoever voluntarily has carnal intercourse against the order […]
The post New laws to de-criminalise unnatural sex, adultery first appeared on Latest India news, analysis and reports on IPA Newspack.
By Tirthankar Mitra Manipur is passing through the worst of times. The border state in one of the hinges of India’s North East needs special treatment from the centre. Bordering Myanmar, after having witnessed one of the bloodiest battles of freedom struggle where Netaji Subhash Chandra Bose led Indian National Army fought with British forces, […]
The post Suffering People Of Manipur Need Concrete Action On Ground, Not Lipservices first appeared on Latest India news, analysis and reports on IPA Newspack.
By K Raveendran Home Minister Amit Shah’s legislative package in relation to the country’s criminal law system, hailed by his ruling party as pathbreaking, has more symbolism than real reform and even includes a good measure of deception. Of course, there are a couple of good things, such as stringent punishment for mob lynching, though […]
The post Indian Govt Steps Into Mould Of British Who Considered Themselves As Aliens first appeared on Latest India news, analysis and reports on IPA Newspack.
The BJP on Friday hailed the three bills introduced in Lok Sabha which seek to overhaul the criminal justice system, saying they remove the colonial legacy of the past and are pathbreaking and pro-people. Senior party leader and former law minister Ravi Shankar Prasad told reporters that the changes prescribed by the proposed legislations, introduced […]
The post BJP lauds criminal law bills as ‘pro-people’ first appeared on Latest India news, analysis and reports on IPA Newspack.
The Oval Partnership, a Patron of the Singapore Night Festival 2023, presents a journey to Kampong Port Cities of the 14th Century through an exhibition, artists interpretation and a panel discussion. SINGAPORE – Media OutReach – 11 August 2023 – DORMANT stories of our land from 700 years ago — a woman village leader, sustainable kampung life, and street dancing — will be reawakened at the Singapore […]
The government has introduced a bill for the complete overhaul of colonial-era Indian criminal laws. The Indian Penal Code, Code of Criminal Procedure and Indian Evidence Act will be replaced by the Bharatiya Nyaya Sanhita. The Bharatiya Nagarik Suraksha Sanhita will replace the Code of Criminal Procedure and the Bharatiya Sakshya will replace Indian Evidence […]
The post Bill to revamp British-era criminal laws moved first appeared on Latest India news, analysis and reports on IPA Newspack.
