Co-pilot dies while preparing for emergency landing

In the United States, an unusual accident occurred in which the co-pilot fell and died while preparing for an emergency landing due to a breakdown.

The pilot who was with him at the time stated that the co-pilot seemed to have escaped from the broken plane and jumped off himself to fall into the lake.

According to local media such as NBC News on the 1st, at 2:40 pm on the 29th of last month, a 10-seater small cargo plane with only the pilot and co-pilot on board made an emergency landing on the runway at Raleigh-Durham International Airport, North Carolina.

At that time, the pilot revealed to the control tower that one wheel of the plane did not come out and landed on the fuselage.

The plane slid off the runway and came to a halt as it entered a nearby lawn.

When firefighters arrived and retrieved the wrecked aircraft, only one pilot was found. In addition to the pilot at the time, co-pilot Charles Hugh Crooks, 23, was also on board, but his appearance could not be found.

However, the pilot brought up an unexpected story. Crooks himself jumped out of his aircraft during the flight.

The pilot stated that Crooks jumped from the aircraft during the flight to fall into a nearby river as the plane was about to crash land in an accident.

In fact, Crooks was found dead the day after the accident in the back yard of his home in a residential area 48 kilometers from the airport.

A resident near the house where Crooks crashed said in an interview with the local media, “At that time, there was a loud ‘thump’ from the backyard.

At the time, it was reported that Crooks’ body did not appear to be wearing a parachute.

But for now, there are only statements from the pilot. The Federal Aviation Administration (FAA) and the National Transportation Safety Board (NTSB) are investigating the details of the accident, believing that it cannot be ruled out that Crooks may have fallen from the plane in an accident.

The plane that crashed was a C-212 transport aircraft built in 1983 by the Spanish company CASA.

The pilot suffered minor injuries and was treated at the hospital and discharged.

Newport City Folk Music Festival, Environment Friendly Music

People pedalling their bicycles vigorously under the clear summer sky! It looks like an outdoor sports facility in a village park, but this is the so-called ‘Bike Stage’ that became a hot topic at the Newport City Folk Music Festival in the United States.

This outdoor performance stage, which debuted this year, was born from the idea of an indie musician to think about the environment along with music. For this reason, unlike the existing outdoor concert halls, it is said that the power required for stage instruments and sound facilities is supplied by connecting solar panels and bicycle generators.

In particular, the bicycle generator, which is powered by human power, drew more attention as spectators could directly participate.

In addition, spectators who contributed to the generation of electricity were provided with front-row seats and free drinks to enjoy the performance up close.

Ukrainian Cargo Plane Crashes in Northern Greece

A Ukrainian civilian cargo plane carrying munitions crashed in northern Greece on the 16th (local time), killing all eight crew members, AFP/Reuters reported.

According to reports, the freighter, an Antonov (AN)-12, owned by a Ukrainian transport company, crashed into a cornfield near Kavalasi, northern Greece, while leaving Serbia on the same day for Bangladesh.

It was confirmed that all eight Ukrainian crew members were killed in the accident.

Serbian authorities said the cargo plane was loaded with about 11.5 tons of domestic munitions, including training mortar shells.

He also emphasized that the buyer was the Bangladesh Ministry of Defense and had nothing to do with the Ukrainian war.

Serbia’s defense ministry countered, “Some media speculated that it was munitions destined for Ukraine, but this is completely false.”

The Greek military dispatched a specialized CBRN unit to the site to conduct a detailed investigation, but could not detect radioactive or chemical or biological hazardous substances harmful to the human body.

The cause of the accident was first identified as an engine failure.

According to Greek aviation authorities, the pilot of the cargo plane urgently informed the authorities that there was a problem with one of the plane’s engines before the crash.

In response, the aviation authorities arranged for landing at either the northern Thessaloniki airport or the Kavala airport, and the pilot chose the closer Kavala airport for an emergency landing, but communication was lost afterwards.

A resident who witnessed the accident said, “The engine of the accident was engulfed in flames.”

Cashless Overseas Travel is on the Rise

Andrew Dawson, 35, and his wife Erin, 32, of Traverse, Michigan, ran into an unexpected problem during a recent trip to the UK. No matter how hard I tried, I couldn’t use the cash I had exchanged in the US. “I’ve traveled all over the country, including small towns, and even small pubs only accept cards,” he said. “Many of these establishments didn’t take cash at all,” said Dawson, marketing manager for Tentcraft, which makes custom tents and accessories. Towards the end of the trip, we had a nice meal at an Indian restaurant and tried to use the exchanged cash. But they said they don’t take cash anymore.” Finally, a London hotel accepts cash payments, so they don’t have to bring their money back and exchange it for dollars.

It was customary for Americans traveling abroad to exchange their local currency. Either at the bank or at the A.T.M. or money changer in that country. However, with the contactless payment trend accelerated by the pandemic, it is now possible to travel abroad without touching a physical currency or coin such as pounds, krone or euros.

Charuta Padinis, senior vice president at Focusrite, a research firm in the entertainment industry said, “The act of making payments by tapping with a card or phone will continue in the future,”.

Of course, the change to cashless travel did not start as a pandemic. Digital payment methods and mobile wallets are a long-term trend that has continued in Asia over the past decade and other regions over the past three years, said Michael Orlando, COO of Yapstone, a global payment company.

“But there’s no doubt that the pandemic has accelerated this trend,” said Matt Schultz, chief credit analyst at Lending Tree, an online lender. When the pandemic began, consumers began to order more things online and by phone. He pointed out, “I felt more comfortable handing over a card or using a QR code or mobile app rather than using cash.”

If you’re traveling abroad this summer for the first time since the pandemic, how do you know when you need cash next (tips and toilets) and when you don’t (shopping and restaurants), and how to optimize your credit and bank card and digital payment options?

Many businesses outside the US these days only accept contactless cards. “I put a chip in or swipe on a mobile card reader that the waiter brought,” Dawson said throughout the trip, “but every time I was told I had to ‘tap’.” Contactless technology has “became the de facto standard for almost a decade” outside the US, said Ben Sofitt, executive director of digital wealth management platform Unifimoney. According to Mastercard, half of its global transactions are now done contactless.

Check your card before heading overseas to ensure you have the contactless payment option.  If you are unsure, call your credit card company to find out before you travel. Make sure the card you carry doesn’t swell with foreign exchange transaction fees. Nick Iwen, director of Points Guy, a website dedicated to travel-related content, said Capital One VentureOne was a good choice.

If you’re asked if you want to pay in your national currency or in US dollars, say you want to pay in your local currency to avoid ‘heavy currency exchange fees’. Max Jones, owner of Change Travel, travel advisor and concierge agency at Virtuoso Network. has advised

You can use contactless cards to pay for bus and train fares in many places (including New York City). There is no need to pay extra or worry about how much to top up for a transit card. You also don’t have to struggle with confusing instructions at the kiosk. With the ease of contactless fares and the app’s instructions, you can use public transport as if you were a local.

Nicole Gustas, 51, marketing director for an insurance company, said while traveling to New Zealand and Australia, he was often embarrassed by merchants who refused to use his credit card because it was not a contactless card. To solve her problem, she installed her Google Pay on her own phone.

Once you scan the QR code using your phone’s camera, you can complete the payment using your digital wallet or by entering your card information.

Despite the widespread use of cashless payments, there may be cases in which cash is required. If you’re traveling in a big city like London, or if you’re on a group tour, there’s nothing wrong with relying solely on your card. However, if you are backpacking or use the small shops and small restaurants, there may be situations where you will need to spend some cash.

This situation differs slightly from country to country. Germany was the country with the most cash use before the pandemic. But even stores that previously accepted cash only are now displaying signs saying they prefer contactless payments. In contrast, Scandinavia, Australia and New Zealand have been “the most active card holders” over the past decade. Spain and France are being mixed, Jones said.

You may need cash when using your car. Some toll roads will not accept US debit or credit cards. You may also need coins for parking. Another case where cash is required is a tip. As a tip for people who clean your hotel room or lift your luggage, it’s a good idea to have around $100 in change, said Pauline Frommer, editor of the travel guide Frommer Guidebook and related websites.

Vacation Holiday in Maine – Welcoming Tourists After 2 Years

(Cutler, Maine) Maine will again be full of tourists this summer, and vacation stayers will finally be there after two summers of deprivation. But nothing dooms visitors to elbowing on the beaches in the south of the state. To the east, the coast, much less frequented, still looks wild.

Many tourists will return to Maine this summer. They will reconnect with the fine sandy beaches, but also the endless traffic jams on Route 1. However, with the thousands of kilometers of coast of the State, there is always a way to find a little calm by the sea.

The path has been advancing for almost 2 km in a dense forest on the ground covered with flowers when the air suddenly takes on the salty smell of the sea. A few steps further, the horizon opens. On the left as on the right, large conifers play acrobats, sometimes with a root in the air, at the top of the cliffs. Here and there, small pebble beaches are revealed between the rock walls. There is a fishing boat offshore to break the silence, but no road or house for miles around.

Yes, against all odds, nature has retained its full rights over parts of Maine’s coast, like here in Cutler’s public lands.

Not everything is wild in this part of the country. But driving east on Route 1, the landscape changes once you pass the junction to Bar Harbor. Mini golf courses have disappeared, and motels are rare, some are even abandoned. The opulent mansions, so numerous in Camden, have given way to modest colonial-style residences, with their weathered wooden cladding. Around Lubec and Eastport, the two easternmost (small) towns in the United States, many houses even seem to come straight out of an Edward Hopper canvas, melancholy included.

Eastern Maine, known as the Downeast, is fishing country. Especially lobster. Almost every successive cove on the coast is home to a small port. Cluttered with cages and buoys. And surrounded by a handful of houses. In the bays at low tide, cockle pickers emerge from the mist. And on land, the vast fields of wild blueberries hug the hills for a long time.

Visitors are fewer. Life seems tougher. “The pandemic has been tough in this part of the state,” says Lisa Hanscom, who operates a blueberry farm and rents two small cabins in Roque Bluffs. “A lot of businesses have closed.”

However, the attractions of the Downeast are not lacking for those who love the great outdoors.

You can do countless hikes by the sea, such as Cutler, but also at the foot of the West Quoddy Head lighthouse, and in many reserves or state parks, especially on the shores of the immense Cobscook Bay, where birdwatchers come to observe around 300 species of birds.

Is The United States’ Economy Already in Recession?

“The US economy is already in recession,” said Cassie Wood, CEO of Arc Investment Management, who is called the “money tree sister” in Korea. He appeared on CNBC’s popular program ‘Squawk Box’ on the 28th (local time) and argued that “the inventory increase is serious.”

“The United States underestimated the seriousness and enduring power of inflation,” she admitted. “Inflation was much hotter than expected due to the disruption of the supply chain caused by the coronavirus and geopolitical risks such as the Ukraine crisis,” he said.

Inflation in the US was the biggest increase since December 1981, when the consumer price index (CPI) rose 8.6% in May compared to the previous year. As a result, the consumer sentiment index surveyed by the University of Michigan fell to 50 in June, the lowest level since the University of Michigan began the related survey. 0

People who invest heavily in technology stocks, are having the most difficult time this year as a sell-off in technology stocks has emerged. His flagship fund, the Ark Innovation ETF, has fallen 52% this year and 66% from its 52-week high.

US Dollar Dominates. Japanese Yen Lowest in 24 Years

The US dollar dominates the foreign exchange market. Demand for safe assets such as the Swiss franc and the Japanese yen, which is often accompanied by concerns about an economic slowdown and rising uncertainty, has continued to rise, but only the dollar continues to rise. Foreign investors are buying U.S. dollars with the money they sold stocks and bonds amid an unsettling flow.

Foreign dollar holdings, record high The Wall Street Journal (WSJ) reported on the 21st (local time) that the amount of foreign dollar cash holdings is approaching an all-time high. Amid soaring inflation (inflation), central banks around the world are raising interest rates, and fears of a global economic downturn are mounting. Deutsche Bank foreign exchange strategist George Sarabellos pointed out in his analysis note that “the dollar is one of the rare financial assets that provides a return as a hedge against stagflation around the world.” Stagflation is a phenomenon in which both inflation and economic slowdown occur.

An unstable market as central banks around the world fail to control inflation, rapid rate hikes are driving the global economy into recession, while concerns over stagflation that inflation will not be able to catch are driving the financial markets to hell. All financial products, including stocks, bonds, cryptocurrencies, and commodities, are falling. Although it started a strong rebound today, the S&P 500 index, a market condition indicator for the New York Stock Exchange, has fallen more than 20% from its previous high on the 13th, entering an official bear market. Meanwhile, the dollar is attracting investors from all over the world by offering the only stable value.

Swiss Franc, Endo The WSJ Dollar Index, which measures the value of the US dollar against 16 currencies, has risen 3% this month. The dollar has risen about 12% over the past year, although the upward trend slowed last week when the Federal Reserve raised interest rates by 0.75 percentage points. The Swiss franc and Japanese yen, which served as safety valves along with the dollar when the market was unstable, are also failing this time. As the Bank of Japan (BOJ) continued its zero-interest rate policy, the yen lost its attractiveness as a store of value, and the Swiss franc has not received much attention.

There is no alternative Fund managers are acknowledging that the current high dollar value is a bubble, but they continue to buy the dollar because there is no other alternative. As the central bank’s interest rate hikes and the flow of risky assets continue to flow, they believe that the dollar, the key currency, will have no choice but to maintain its highest level in decades.

There is a high pessimism that the US economy will almost certainly fall into recession within next year at the latest, but there is no alternative. “In theory, we can expect the dollar to fall in the long run due to high inflation in real terms,” said Hugo Ranzioni, head of global foreign exchange management at Neuberger Berman. Rancioni predicted that the dollar would depreciate by then when concerns about a global economic slowdown subside and geopolitical tensions such as the Ukraine