UK bank gets emergency support

Friday, September 14, 2007 British bank Northern Rock received emergency loans from the Bank of England yesterday, as it felt the effects of the financial crisis originating in the U.S. subprime mortgage market. Queues formed outside branches as many customers sought to withdraw their savings, and shares fell heavily. Northern Rock, based in Newcastle, is […]

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Search and rescue beacons soon to make the digital jump

Tuesday, January 27, 2009 Starting February 1, Cospas-Sarsat will discontinue monitoring the frequencies that are used for analog-based emergency position-indicating radio beacons (EPIRB), the 121.5 and 243 MHz frequencies. Search and rescue (SAR) groups worldwide will only monitor the 406 MHz frequency, which is dedicated to digital locators. The 406 MHz digital band has many […]

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