BNP Paribas SA will no longer help arrange bond deals if the issuer intends to use the proceeds

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SAN FRANCISCO--(BUSINESS WIRE)--Sep 12, 2023--

When archaeologists explored an underwater cavern in southern Mexico in 2014, they were shocked by what they found. The cavern is known as Sac Uayum, and is located in Mexico’s Yucatán peninsula. It is technically a cenote – a natural pit that comes about after limestone bedrock collapses, exposing groundwater beneath. Local villagers were said to be terrified of the spot, because pits like this were sometimes used by the ancient Maya for sacrificial offerings. Archaeologist Bradley Russell, from College of St Rose, and a group of divers scaled down roughly 20 metres into the unknown. Inside the pit were two chambers with human bones and skulls scattered across the floors of each. The skulls were elongated, as part of an ancient practice that is thought to have involved flattening people’s heads during infancy. Archaeologists still don’t know why the ancient culture did this – but it ain't pretty. The cenote sits just outside the ruins of the ancient Maya city of Mayapán, and the researchers think this shows that, like the modern day locals, the ancient Mayans kept their distance too. Local legend says that Sac Uayum is guarded by a feathered, horse-headed serpent. Older residents of the nearby village of Telchaquillo tell stories of people seeing the serpent perching in a tree, leaping up, spinning around three times, and diving into the water. Russell explained to National Geographic that the sinkhole is said to be “evil”. “To this day, people do not get drinking water from that cenote, it is generally considered taboo. “It’s off-limits, people do not let their children plan near there and there’s a lot of beliefs around this cenote having evil forces or malevolent forces associated with it. “Cenotes are important because the main access to the water that you get is through these sinkholes. “They are also believed to be access to the Mayan underworld and the homes of Gods. “Mayapan is a large city, it’s incredibly dense, there’s nothing like it in the classic period, it’s incredibly dense for Maya history, there’s nothing quite like it.” He added that the location of Sac Uayum – south of Mayapan – is a clue as to what was going on. In Maya beliefs, south is the direction associated with the underworld. Alternatively, Russell also suggested they could have been plague victims. "You wouldn't want them near the rest of the population. And you wouldn't want to drink the water either.” How to join the indy100's free WhatsApp channel Sign up to our free indy100 weekly newsletter Have your say in our news democracy. Click the upvote icon at the top of the page to help raise this article through the indy100 rankings.

China have embarked on an enormous project: to dig the biggest hole in the country. The planned 10,000 metre hole will aim to pierce through ten layers of rock and could even end up finding signs of life as suggested by discoveries in past boreholes. And the objective? To reach rocks and minerals that could date back to around 145 million years ago - or the Cretaceous period. Findings from the mission may help alert China to environmental hazards such as volcanoes and earthquakes, whilst also identifying potentially valuable minerals lurking below. Past expeditions have also unearthed signs of life - with one project discovering signs of life under the surface. Don't worry, it wasn't subterranean humans or any other horror movie tropes. That borehole unearthed plankton 4 miles below the surface. Sign up to our free Indy100 weekly newsletter That project won't be surpassed by this new - admittedly massive - attempt. The deepest ever dug - the one that discovered the plankton - was in Russia. The Kola Superdeep Borehole - just a really big hole in the ground - ended up reaching over 11,000 meters below sea level after being started by Soviet scientists in 1970. They had to abandon the project after hitting extremely high temperatures that they weren't expecting. Interesting. The Chinese project isn't going to be easy. It's not as simple as digging straight down into the Earth's crust and hoping for the best. It's also extremely costly and time-consuming. “The construction difficulty of the drilling project can be compared to a big truck driving on two thin steel cables,” Sun Jinsheng, an academic from the Chinese Academy of Engineering, told news agency Xinhua. So yeah, they'll need more than a JCB for this. Have your say in our news democracy. Click the upvote icon at the top of the page to help raise this article through the indy100 rankings.

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