4 flights have been cancelled at Belfast Metropolis Airport this morning, together with a swathe of delays after a aircraft’s nostril wheel collapsed throughout a tough touchdown in dangerous climate.
Virtually all flights set to depart earlier than 10am are delayed from Belfast Metropolis Airport, with one 6.35am flight to London Heathrow now as a result of depart 4 hours later.
The airport closed its runway on Sunday after an Aer Lingus regional flight, operated by Emerald Airways, was broken throughout touchdown at round 4pm.
There have been 4 crew members however no passengers on board, however the incident triggered emergency procedures.
Some flights had been additionally redirected to Belfast Worldwide Airport.
The journey was a “positioning flight” – to relocate an plane somewhat than carry passengers – and had taken off from Edinburgh Airport.
In an announcement early on Monday, the airport mentioned: “The aircraft has been moved – the runway has now reopened and can function as regular in the present day.
“Passengers impacted by the ensuing cancellations and diversions yesterday, or these as a result of journey in the present day ought to verify the standing of their flight with the airline earlier than making their option to the airport.”
Round 100 flights from Heathrow Airport had been cancelled on Sunday as a result of “robust winds and airspace restrictions” though the “overwhelming majority” operated as regular, a spokesperson mentioned.
Picture: Pic: NIResponseVids/Twitter
The Northern Eire Fireplace and Rescue Service (NIFRS) mentioned crews had been known as after an plane’s nostril wheel collapsed on touchdown.
“We had 24 personnel in whole in attendance and assisted Belfast Metropolis Airport Fireplace Service to make the scene protected. NIFRS have now left the scene,” a publish on X mentioned.
Belfast Worldwide Airport mentioned on Sunday that 4 flights had been redirected there as a result of closed runway on the metropolis airport.
“As we already had a heavier schedule than normal, we are actually, with these further flights, near capability so we’re restricted in what number of extra redirected flights we will take this night, nevertheless we are going to proceed to assist the place doable,” a spokesperson added.
From reproductive rights to local weather change to Huge Tech, The Unbiased is on the bottom when the story is creating. Whether or not it is investigating the financials of Elon Musk’s pro-Trump PAC or producing our newest documentary, ‘The A Phrase’, which shines a light-weight on the American ladies combating for reproductive rights, we all know how necessary it’s to parse out the details from the messaging.
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1000’s of on a regular basis buyers who used banking apps to gamify private finance have been left with mere pennies after a fintech firm collapsed earlier this yr.
The collapse and chapter of fintech intermediary Synapse in Could has left greater than 100,000 Individuals locked out of a collective $90 million of their very own cash, prompting a category motion lawsuit.
A type of prospects was Kayla Morris, a former college trainer from Texas who was saving cash to purchase a largerhome for her rising household.
When she and her husband bought their house in 2023, they took their earnings — $282,153.87 — and deposited it into fintech app Yotta, the place they believed their cash can be secure.
After the Synapse collapse, Evolve Financial institution & Belief labored to return the cash tied up in difficult ledger mishaps again to the purchasers, however Morris was left wanting.
“We have been knowledgeable final Monday that Evolve was solely going to pay us $500 out of that $280,000,” Morris mentioned throughout a courtroom listening to, in response to CNBC. “It’s simply devastating.”
Her scenario was not distinctive; Zach Jacobs, who had $94,468.92 deposited in Yotta mentioned he was getting lower than $130 again from his financial institution.
Morris, Jacobs and different prospects affected by the downfall of Synapse seemingly had by no means heard of the corporate earlier than Could 11. They used apps like Yotta or Juno — banking apps that weren’t banks, however gamified private funding platforms — which in flip relied on Synapse’s providers.
In April, roughly $265 million of customers cash was tied up in the long run of Synapse. Since then, some $90 million continues to be unaccounted for.
However that is not the worst half; not solely are the customers locked out of their funds, however because of alleged improper ledger preserving on Synapse’s finish, it is unclear precisely how all of these funds needs to be distributed.
How did a fintech intermediary find yourself within the middle of this degree of financial chaos?
The rise and fall of Synapse
Synapse was based in 2014 and was backed by enterprise capital agency Andreessen Horowitz. The corporate’s purpose was to supply fintech firms — like Juno or Yotta — with a way of offering banking providers regardless of not holding banking licenses.
Fintech platforms that do not have banking licenses aren’t protected by the Federal Deposit Insurance coverage Company. If a serious US financial institution fails, prospects who maintain cash with the financial institution aren’t left holding an empty bag — the FDIC will reimburse them as much as $250,000 per depositor, per banking establishment.
Because of this, fintech firms usually must associate with FDIC-insured banks to carry their prospects’ cash in particular accounts that give the businesses the flexibility to handle these funds. That additionally means fintech firms want a intermediary to carry out bookkeeping duties and preserve their ledgers; which is the place Synapse entered the image.
Synapse had no lack of consumers in want of its providers; earlier than its chapter, it had contracts with 100 fintech firms representing roughly 10 million finish customers, in response to an April courtroom submitting.
After Synapse declared chapter in April, its 4 banking companions misplaced entry to a vital system they used to establish the corporate’s data. That meant that end-users utilizing fintech apps like Yotta have been left with their cash tied up, and their banks with out the means to find out who had what deposited the place.
In response to the chaos, the FDI proposed a brand new report preserving rule in September requiring extra sturdy ledger preserving for any financial institution deposit acquired from a third-party or non-bank entity — fintech firms — in the event that they settle for deposits from shoppers or companies.
Because the chaos started, the associate banks working with Synapse have been attempting to reconcile with prospects. A report filed by the Troutman Pepper lawsuit, printed in September, discovered that the between $65 million and $95 million of the $265 million continues to be unaccounted for.
FDIC response and lawsuit
The FDIC’s rule proposes new necessities for any “custodial deposit accounts with transactional options,” in response to Banking Dive.
The purpose is to pressure banks to keep up “direct, steady, and unrestricted entry to the data” of any third-party teams sustaining ledgers for third-party entities, like fintech firms.
The rule was a direct response to what occurred with Synapse, and can, hopefully, forestall one thing like this from occurring once more sooner or later.
However what occurs sooner or later is not going to make complete the customers who nonetheless haven’t got entry to their cash.
American Financial institution, AMG Nationwide Belief, Lineage Financial institution, and Evolve Financial institution & Belief — Synapse’s banking companions — have been hit with a lawsuit looking for class motion standing in a federal courtroom in Colorado.
That lawsuit, filed in late November, was introduced primarily by Yotta and Juno prospects who allege the banks engaged in “gross mismanagement of money deposits of extraordinary shoppers who’ve misplaced entry to their holdings” within the wake of Synapse’s chapter.
“Sadly, the Companion Banks did not adequately preserve and safeguard prospects’ funds,” the lawsuit mentioned.
The lawsuit comes because the banks are nonetheless working to get the cash again to the purchasers.
Final month, Evolve introduced it was able to disburse $46 million again to Synapse finish customers.
“It has been an extended highway for everybody concerned, however the appropriate highway, and we’re proud to have accomplished this exhaustive reconciliation course of, which we consider was the accountable plan of action to correctly return finish consumer funds,” an Evolve spokesperson informed Banking Dive in an electronic mail.
Nevertheless, a few of these payouts have left prospects overwhelmed; in response to a Banking Dive report, some Evolve prospects who’ve acquired payouts report receiving as little as $0.84 on greater than $10,000 in funds, and $9.01 on a $28,660 deposit.
Because of this, it is unlikely the suing prospects can be backing off anytime quickly.
“The result’s that many shoppers are left with out entry to their money deposits and with no clear skill to discern which of the Companion Banks holds their cash,” the lawsuit mentioned. “However their cash is essentially held by a number of of the Companion Banks.”
From reproductive rights to local weather change to Huge Tech, The Unbiased is on the bottom when the story is creating. Whether or not it is investigating the financials of Elon Musk’s pro-Trump PAC or producing our newest documentary, ‘The A Phrase’, which shines a light-weight on the American girls preventing for reproductive rights, we all know how essential it’s to parse out the info from the messaging.
At such a important second in US historical past, we want reporters on the bottom. Your donation permits us to maintain sending journalists to talk to each side of the story.
The Unbiased is trusted by Individuals throughout your entire political spectrum. And in contrast to many different high quality information retailers, we select to not lock Individuals out of our reporting and evaluation with paywalls. We imagine high quality journalism ought to be obtainable to everybody, paid for by those that can afford it.
Your assist makes all of the distinction.
Hundreds of on a regular basis traders who used banking apps to gamify private finance have been left with mere pennies after a fintech firm collapsed earlier this yr.
The collapse and chapter of fintech intermediary Synapse in Might has left greater than 100,000 Individuals locked out of a collective $90 million of their very own cash, prompting a category motion lawsuit.
A type of prospects was Kayla Morris, a former faculty trainer from Texas who was saving cash to purchase a largerhome for her rising household.
When she and her husband offered their residence in 2023, they took their earnings — $282,153.87 — and deposited it into fintech app Yotta, the place they believed their cash can be secure.
After the Synapse collapse, Evolve Financial institution & Belief labored to return the cash tied up in sophisticated ledger mishaps again to the purchasers, however Morris was left wanting.
“We have been knowledgeable final Monday that Evolve was solely going to pay us $500 out of that $280,000,” Morris stated throughout a courtroom listening to, based on CNBC. “It’s simply devastating.”
Her scenario was not distinctive; Zach Jacobs, who had $94,468.92 deposited in Yotta stated he was getting lower than $130 again from his financial institution.
Morris, Jacobs and different prospects affected by the downfall of Synapse possible had by no means heard of the corporate earlier than Might 11. They used apps like Yotta or Juno — banking apps that weren’t banks, however gamified private funding platforms — which in flip relied on Synapse’s companies.
In April, roughly $265 million of customers cash was tied up ultimately of Synapse. Since then, some $90 million remains to be unaccounted for.
However that is not the worst half; not solely are the customers locked out of their funds, however as a consequence of alleged improper ledger holding on Synapse’s finish, it is unclear precisely how all of these funds ought to be distributed.
How did a fintech intermediary find yourself within the middle of this degree of financial chaos?
The rise and fall of Synapse
Synapse was based in 2014 and was backed by enterprise capital agency Andreessen Horowitz. The corporate’s intention was to supply fintech corporations — like Juno or Yotta — with a method of offering banking companies regardless of not holding banking licenses.
Fintech platforms that do not have banking licenses aren’t protected by the Federal Deposit Insurance coverage Company. If a significant US financial institution fails, prospects who maintain cash with the financial institution aren’t left holding an empty bag — the FDIC will reimburse them as much as $250,000 per depositor, per banking establishment.
In consequence, fintech corporations usually must companion with FDIC-insured banks to carry their prospects’ cash in particular accounts that give the businesses the flexibility to handle these funds. That additionally means fintech corporations want a intermediary to carry out bookkeeping duties and keep their ledgers; which is the place Synapse entered the image.
Synapse had no lack of consumers in want of its companies; earlier than its chapter, it had contracts with 100 fintech corporations representing roughly 10 million finish customers, based on an April courtroom submitting.
After Synapse declared chapter in April, its 4 banking companions misplaced entry to a important system they used to determine the corporate’s data. That meant that end-users utilizing fintech apps like Yotta have been left with their cash tied up, and their banks with out the means to find out who had what deposited the place.
In response to the chaos, the FDI proposed a brand new report holding rule in September requiring extra strong ledger holding for any financial institution deposit obtained from a third-party or non-bank entity — fintech corporations — in the event that they settle for deposits from shoppers or companies.
For the reason that chaos started, the companion banks working with Synapse have been making an attempt to reconcile with prospects. A report filed by the Troutman Pepper lawsuit, revealed in September, discovered that the between $65 million and $95 million of the $265 million remains to be unaccounted for.
FDIC response and lawsuit
The FDIC’s rule proposes new necessities for any “custodial deposit accounts with transactional options,” based on Banking Dive.
The intention is to pressure banks to take care of “direct, steady, and unrestricted entry to the data” of any third-party teams sustaining ledgers for third-party entities, like fintech corporations.
The rule was a direct response to what occurred with Synapse, and can, hopefully, stop one thing like this from occurring once more sooner or later.
However what occurs sooner or later is not going to make complete the customers who nonetheless haven’t got entry to their cash.
American Financial institution, AMG Nationwide Belief, Lineage Financial institution, and Evolve Financial institution & Belief — Synapse’s banking companions — have been hit with a lawsuit in search of class motion standing in a federal courtroom in Colorado.
That lawsuit, filed in late November, was introduced primarily by Yotta and Juno prospects who allege the banks engaged in “gross mismanagement of money deposits of odd shoppers who’ve misplaced entry to their holdings” within the wake of Synapse’s chapter.
“Sadly, the Accomplice Banks did not adequately keep and safeguard prospects’ funds,” the lawsuit stated.
The lawsuit comes because the banks are nonetheless working to get the cash again to the purchasers.
Final month, Evolve introduced it was able to disburse $46 million again to Synapse finish customers.
“It has been a protracted street for everybody concerned, however the correct street, and we’re proud to have accomplished this exhaustive reconciliation course of, which we imagine was the accountable plan of action to correctly return finish person funds,” an Evolve spokesperson informed Banking Dive in an e-mail.
Nonetheless, a few of these payouts have left prospects overwhelmed; based on a Banking Dive report, some Evolve prospects who’ve obtained payouts report receiving as little as $0.84 on greater than $10,000 in funds, and $9.01 on a $28,660 deposit.
In consequence, it is unlikely the suing prospects will likely be backing off anytime quickly.
“The result’s that many shoppers are left with out entry to their money deposits and with no clear capability to discern which of the Accomplice Banks holds their cash,” the lawsuit stated. “However their cash is essentially held by a number of of the Accomplice Banks.”
The son of a person who died after collapsing at a soccer match has launched an enchantment to seek out his Rolex watch value greater than £14,000.
Jay Grey mentioned he was watching Wolverhampton Wanderers play towards West Ham in Stratford, London, final Monday when his father collapsed and was carried away for CPR.
However as he was moved, the Rolex Submariner Date he was mentioned to be carrying disappeared.
Mr Grey posted an enchantment on X saying his household was “determined” to have the “sentimental” watch returned.
Picture: Rolex Submariner Date. Pic: Rolex
Recounting his ordeal, Mr Grey mentioned: “My dad sadly collapsed and handed away on the Wolves sport final Monday night time, he needed to be carried up stairs from his seat in block 123 to have the ability to have CPR carried out on him, his watch went lacking when he was moved and we desperately need it again.
“Please can anybody related to West Ham, in addition to anybody else that wishes to assist get this sentimental bit of jewelry again to our household on this robust time please RT [retweet].”
Mr Grey added the lacking Rolex has been reported to the Metropolitan Police.
From reproductive rights to local weather change to Huge Tech, The Impartial is on the bottom when the story is growing. Whether or not it is investigating the financials of Elon Musk’s pro-Trump PAC or producing our newest documentary, ‘The A Phrase’, which shines a lightweight on the American ladies preventing for reproductive rights, we all know how vital it’s to parse out the information from the messaging.
At such a essential second in US historical past, we’d like reporters on the bottom. Your donation permits us to maintain sending journalists to talk to each side of the story.
The Impartial is trusted by Individuals throughout the whole political spectrum. And in contrast to many different high quality information retailers, we select to not lock Individuals out of our reporting and evaluation with paywalls. We consider high quality journalism needs to be obtainable to everybody, paid for by those that can afford it.
Your assist makes all of the distinction.
A Georgia Volleyball participant collapsed throughout apply and later died after an ambulance did not arrive and supply assist, in accordance with officers.
Amanda Sylvester, 15, bumped into “bodily misery” throughout warm-ups along with her volleyball workforce on the Tracey Wyatt Recreation Advanced in School Park on Thursday night when she slumped onto the court docket flooring, stated the Metropolis of School Park Authorities.
Regardless of a number of calls being made to emergency companies an ambulance by no means arrived to her support.
Her volleyball coach, Catherine Murray, informed Atlanta Information First it was “unacceptable” that she was pressured to attend for over an hour earlier than workers needed to intervene themselves.
A Metropolis assertion learn: “Not lengthy after 6 p.m. Thursday night, 9-1-1 calls have been made, and EMT’s have been onsite in moments from the School Park Fireplace and Rescue and EMS.
“EMT’s have been in a position to stabilize the teenager, who appeared alert and was in a position to communicate. An ambulance dispatch for transport by Grady EMS had additionally been requested, by way of 911 and School Fireplace Rescue.”
Sylvester collapsed on the Tracey Wyatt Recreation Advanced in School Park (pictured) and later died from coronary heart failure, stated officers (Google Maps)
The Grady EMS by no means absolutely responded to the decision and the request was reportedly not canceled, stated officers.
After “a number of follow-up calls, the ambulance had nonetheless not arrived” and the lady was desperately positioned in her mom’s van and pushed to the hospital.
Grady EMS informed the outlet that the preliminary name was categorized as a scenario of “low acuity” or low severity.
“A School Park Fireplace unit responded to the scene and was outfitted to offer medical care and transport if essential. Following an replace on the affected person’s situation, the decision was reclassified, and a Grady EMS unit was promptly dispatched,” the ambulance service stated.
“Nevertheless, as our unit was en route, School Park Fireplace decided that further EMS assist was not wanted as a result of affected person being transported to the hospital by way of private car.”
Upon arrival at Kids’s Healthcare of Atlanta, Hughes Spalding Hospital, Sylvester was stabilized and medical doctors rapidly established that she had suffered a cardiac failure. She was revived however couldn’t be saved.
The youngsters’ workforce, The Dream Chasers Volleyball Membership, launched a press release on Saturday that paid tribute: to the teenager.
“It’s with nice disappointment we inform the volleyball neighborhood of the passing of our candy, Amanda Sylvester. Amanda was a vivid gentle, not simply in our health club, however within the lives of everybody she encountered. We’re honored to have encountered such an incredible younger spirit!
“That is private. Be a part of us in our struggle for Justice for Amanda. #justiceforAmanda”
It continued by sharing the small print of a GoFundMe web page arrange in her reminiscence.
Metropolis Supervisor, Dr. Emmanuel Adediran, stated: “We’re all devastated by this tragic lack of life at such a younger age.
“Our Recreation & Cultural Affairs Division workers, School Park Fireplace Rescue in addition to the volleyball membership coaches, dad and mom and workers adopted all protocols associated to an damage or well being care misery.”
Metropolis officers are nonetheless making an attempt to find out why an ambulance did not arrive on the scene and an investigation is underway.
The Fulton County Medical Examiner’s Workplace is anticipated to conduct a full post-mortem to find out trigger and time of demise, stated the discharge.
