Good morning Bendigo! 30.03.14

Good morning Bendigo! I hope you're having a terrific weekend. Send your news tips to hannah.knight@fairfaxmedia.com.au

TODAY'S WEATHER

A morning shower or two with a top of 28 degrees.

For more detailed weather news click here.

TRAINS

No reported delays. 

NEWS OVERNIGHT

Missing Malaysia Airlines plane: relatives told there is still a 'remote chance' of survivors

Kuala Lumpur: After three weeks of fruitless searching for any evidence of missing Malaysia Airlines flight MH370, the Malaysian government said on Saturday it had not fully given up hope of finding survivors.

Although aviation experts have said there is no chance of survival, acting transport minister and defence minister Hishammuddin Hussein told the distraught relatives in the Malaysian capital that there was still a remote chance.

Relatives of passengers and crew have already begun filing insurance claims against the airline and aircraft manufacturer Boeing, while the Malaysian Prime Minister Najib Razak has said the 777's flight "ended" in the remote southern Indian Ocean off the coast of Western Australia.

Mr Hishammuddin said he still hoped for a miracle in the Australian-led search.

"I cannot give them (relatives) false hope," he said. "The best we can do is pray and be sensitive to them, that as long as there is even a remote chance of a survivor, we will pray and do whatever it takes."

Mokbel man Tom Karas deep in loan sharking

A network of underworld figures and associates have used a licensed finance business as a front to run a loan sharking operation that charges desperate borrowers interest rates of up to 792 per cent.

The firm, Capital One Securities, is owned and run by former bankrupt Tom Karas, who was accused by the Purana anti-gangland taskforce of laundering criminal proceeds on behalf of the Mokbel drug empire.

Karas' control of the company seems to be in contravention of finance industry regulations, which could now be the subject of a review by the Australian Securities and Investments Commission.

Despite links to organised crime and a history of financial impropriety, Karas was granted a national credit licence by ASIC in 2011 after being deemed ''fit and proper''.

BIRTHDAYS

If today is your big day, happy birthday! 

You share a birthday with Francisco Goya, Spanish artist (1746-1828); Tracy Chapman, US singer; Ian Ziering, US actor of Beverly Hills 90210 fame; Celine Dion, Canadian singer; Troy Bayliss, Australian motorbike champion; Norah Jones, American singer-songwriter; and Samantha Stosur, Australian tennis player.

ON THIS DAY IN HISTORY

1406 - On his way to France, James I of Scotland is captured at Flamborough Head and imprisoned by King Henry IV of England.

1863 - Denmark incorporates Schleswig; Poland is divided into provinces by Russia.

1885 - Russian occupation of Penjdeh, Afghanistan, provokes crisis in Anglo-Russian relations.

1945 - Soviet troops enter Austria.

1974 - Chinese jetliner arrives in New York in what is described as first civilian flight from Chinese mainland to United States.

1986 - Death of actor James Cagney, aged 86.

1992 - The United Nations starts an effort to return nearly 370,000 refugees to Cambodia.

1998 - Ousted Cambodian co-premier Norodom Ranariddh returns to Phnom Penh from exile, almost nine months after being toppled from power.

2003 - In America, New York's bars and restaurants become no-smoking zones.

2010 - The world's largest atom smasher throws together minuscule particles racing at unheard of speeds in conditions simulating those just after the Big Bang - a success that kick-starts a megabillion-dollar experiment that could one day explain how the universe began.

JOKE OF THE DAY

So a duck walks into a pharmacy and says, "Give me some chap-stick... and put it on my bill".

Have a great day,

Hannah

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