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KATHMANDU, Nepal (AP) - In the rubble of Nepal's 2015 earthquake, a team of dedicated woodworkers is finding inspiration to recreate what was lost.<br><br>Centuries-old Char Narayan and Hari Shankara temples were completely destroyed by the massive April 2015 earthquake that shook the Himalayan nation, killing nearly 9,000 people. The temples were the jewel of the Patar Durbar Square, which is thronged by thousands of tourists and local visitors every day. The structures were crumpled by the force of the tremor and the carved doors, roof and brick structure lay in ruins.<br><br>A team of dedicated woodworkers is now trying to restore Nepal's heritage. They have been working six days a week, for nearly two years, repairing the beautifully hand-carved wooden doors and windows.<br><br>This photo taken Wednesday, July 19, 2017, shows a detail of a wooden crafted window partially damaged during Nepal's 2015 earthquake. A team of dedicated woodworkers is now trying to restore Nepal's heritage. They have been working six days a week, for nearly two years, repairing the beautifully hand-carved wooden doors and windows. (AP Photo/Niranjan Shrestha)<br><br>The broken wooden beams are being replaced by new ones, but the workers are trying to use the salvaged portions as much as possible.<br><br>The "Silpakars" - as woodworkers from the Newar ethnic community are known - have passed down their craft and skills for generations.<br><br>"I am proud to continue by ancestral trade and help restore a big part of Nepal's history that was destroyed by the earthquake," said Shyam Krishna, chiseling away the wood pieces.<br><br>But he and his fellow workers are paid only about $15 a day each, which is much less than what they would earn as building furnishers.<br><br>"It is not about the money. We might make less money, but this is a moment of pride for us to be able to restore the heritage of our country," he said.<br><br>Already two years at work, they will likely another year to just get those windows, doors and beams ready.<br><br>Nepal faces criticism from the international community for slow progress in reconstruction work despite a $4.1 billion international pledge and the fact that the restoration of heritage sites has not been given a priority.<br><br>___<br><br>Associated Press writer Binaj Gurubacharya contributed to this report.<br><br>In this photo taken Wednesday, July 19, 2017, Puspa Lal Shilpakar crafts a wooden piece on a courtyard in Lalitput, Nepal. In the rubble of Nepal's 2015 earthquake, a team of dedicated woodworkers is finding inspiration to recreate what was lost. They have been working six days a week, for nearly two years, repairing the beautifully hand-carved wooden doors and windows. (AP Photo/ Niranjan Shrestha)<br><br>In this photo taken Wednesday, July 19, 2017, a woodworker from the Newar ethnic community carves wood in Lalitput, Nepal. In the rubble of Nepal's 2015 earthquake, a team of dedicated woodworkers is finding inspiration to recreate what was lost. Centuries-old Char Narayan and Hari Shankara temples were completely destroyed by the massive April 2015 earthquake that shook the Himalayan nation, killing nearly 9,000 people. The temples were the jewel of the Patar Durbar Square, which is thronged by thousands of tourists and local visitors every day. The structures were crumpled by the force of the tremor and the carved doors, roof and brick structure lay in ruins. (AP Photo/Niranjan Shrestha)<br><br>In this photo taken Wednesday, July 19, 2017, shows a sketch of the Harishankar temple, which was destroyed during Nepal's 2015 earthquake in Lalitpur. A team of dedicated woodworkers is now trying to restore Nepal's heritage. They have been working six days a week, for nearly two years, repairing the beautifully hand-carved wooden doors and windows. (AP Photo/Niranjan Shrestha)<br><br>In this photo taken Wednesday, July 19, 2017, "Silpakars" or woodworkers from the Newar ethnic community work on a restoration project in Lalitpur, Nepal. Centuries-old Char Narayan and Hari Shankara temples were completely destroyed by the massive April 2015 earthquake that shook the Himalayan nation, killing nearly 9,000 people. The temples were the jewel of the Patar Durbar Square, which is thronged by thousands of tourists and local visitors every day. A team of dedicated woodworkers is now trying to restore Nepal's heritage. (AP Photo/Niranjan Shrestha)<br><br>In this photo taken Wednesday, July 19, 2017, a woodworker from the Newar ethnic community carves wood in Lalitput, Nepal. In the rubble of Nepal's 2015 earthquake, a team of dedicated woodworkers is finding inspiration to recreate what was lost. Centuries-old Char Narayan and Hari Shankara temples were completely destroyed by the massive April 2015 earthquake that shook the Himalayan nation, killing nearly 9,000 people. The temples were the jewel of the Patar Durbar Square, which is thronged by thousands of tourists and local visitors every day. The structures were crumpled by the force of the tremor and the carved doors, roof and brick structure lay in ruins. A team of dedicated woodworkers is now trying to restore Nepal's heritage. They have been working six days a week, for nearly two years, repairing the beautifully hand-carved wooden doors and windows. (AP Photo/ Niranjan Shrestha)<br><br>In this photo taken Thursday, July 20, 2017, a woodworker from the Newar ethnic community carves wood in Lalitput, Nepal. In the rubble of Nepal's 2015 earthquake, a team of dedicated woodworkers is finding inspiration to recreate what was lost. Centuries-old Char Narayan and Hari Shankara temples were completely destroyed by the massive April 2015 earthquake that shook the Himalayan nation, killing nearly 9,000 people. The temples were the jewel of the Patar Durbar Square, which is thronged by thousands of tourists and local visitors every day. The structures were crumpled by the force of the tremor and the carved doors, roof and brick structure lay in ruins. (AP Photo/Niranjan Shrestha)<br><br>In this photo taken Friday, July 21, 2017, anelderly Nepalese man takes a rest at Patan Durbar Square in Lalitpur, Nepal. Centuries-old Char Narayan and Hari Shankara temples were completely destroyed by the massive April 2015 earthquake that shook the Himalayan nation, killing nearly 9,000 people. The temples were the jewel of the Patar Durbar Square, which is thronged by thousands of tourists and local visitors every day. The structures were crumpled by the force of the tremor and the carved doors, roof and brick structure lay in ruins. (AP Photo/Niranjan Shrestha)<br><br>In this photo taken Wednesday, July 19, 2017, a woodworker from the Newar ethnic community carves wood in Lalitput, Nepal. In the rubble of Nepal's 2015 earthquake, a team of dedicated woodworkers is finding inspiration to recreate what was lost. They have been working six days a week, for nearly two years, repairing the beautifully hand-carved wooden doors and windows. (AP Photo/ Niranjan Shrestha)<br><br>This photo taken Friday, July 21, 2017 shows a general view of Patan Durbar Square, in Lalitpur, Nepal. Centuries-old Char Narayan and Hari Shankara temples were completely destroyed by the massive April 2015 earthquake that shook the Himalayan nation, killing nearly 9,000 people. The temples were the jewel of the Patar Durbar Square, which is thronged by thousands of tourists and local visitors every day. A team of dedicated woodworkers is now trying to restore Nepal's heritage. (AP Photo/ Niranjan Shrestha)<br><br>Should you loved this information and you want to receive more information regarding jewel star generously visit our own page.
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OSLO, July 26 (Reuters) - Offshore drilling contractor Seadrill delayed the restructuring of its $14 billion in debt and liabilities on Wednesday and reiterated that Chapter 11 bankruptcy proceedings were likely.<br><br>Once the world's biggest offshore rig firm by market value, its shares have plunged 99 percent since a peak hit in September 2013.<br><br>The crown jewel in the business empire of billionaire of John Fredriksen, has struggled as energy firms have slashed investment due to a more than 50 percent fall on crude prices since 2014.<br><br>"(Seadrill) has reached an agreement with its bank group to extend the comprehensive restructuring plan negotiating period until Sept 12," the firm said in a statement, pushing back a previous July 31 deadline.<br><br>In April, Seadrill warned its shares would lose almost all of their value and its bonds would be hit as it was preparing for potential bankruptcy proceedings. It reiterated the statement on Wednesday.<br><br>"We continue to believe that implementation of a comprehensive restructuring plan will likely involve Chapter 11 proceedings," it said.<br><br>The company said such a plan would require a substantial impairment or conversion of its bonds, impairment and losses for other stakeholders, including shipyards, while shareholders are likely to receive minimal recovery for their existing shares. (Reporting by Ole Petter Skonnord and Gwladys Fouche; editing by Jason Neely)<br><br>If you have any questions relating to the place and how to use jewel star, you can call us at the page.

Revision as of 11:19, 25 November 2017

OSLO, July 26 (Reuters) - Offshore drilling contractor Seadrill delayed the restructuring of its $14 billion in debt and liabilities on Wednesday and reiterated that Chapter 11 bankruptcy proceedings were likely.

Once the world's biggest offshore rig firm by market value, its shares have plunged 99 percent since a peak hit in September 2013.

The crown jewel in the business empire of billionaire of John Fredriksen, has struggled as energy firms have slashed investment due to a more than 50 percent fall on crude prices since 2014.

"(Seadrill) has reached an agreement with its bank group to extend the comprehensive restructuring plan negotiating period until Sept 12," the firm said in a statement, pushing back a previous July 31 deadline.

In April, Seadrill warned its shares would lose almost all of their value and its bonds would be hit as it was preparing for potential bankruptcy proceedings. It reiterated the statement on Wednesday.

"We continue to believe that implementation of a comprehensive restructuring plan will likely involve Chapter 11 proceedings," it said.

The company said such a plan would require a substantial impairment or conversion of its bonds, impairment and losses for other stakeholders, including shipyards, while shareholders are likely to receive minimal recovery for their existing shares. (Reporting by Ole Petter Skonnord and Gwladys Fouche; editing by Jason Neely)

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