Rescuers on the site of the collapsed motorway bridge that killed 39 people in Genoa signalled on Wednesday there was little hope of finding more survivors.
Over 400 firefighters have been deployed on the scene since the 100-metre-high motorway crumbled into rubble just before noon on Tuesday, trowing more than 30 vehicles into the void.
The Italian government declared a state of emergency amid anger and shock the bridge was able to give way.
As of Wednesday, 16 people have been extracted from the debris. After a full day of work in scorching temperatures, Alessandro Bussolino, regional coordinator for the Red Cross’ special rescue services, said his team had found “only bodies.”
"The dynamic of the bridge's collapse doesn't leave much hope," Mr Bussolino told The National. The rescue of a dog in the morning briefly lit a glimmer of hope in Bussolino's day but, as the layers of the collapsed bridge were peeled away, finding more survivors seemed increasingly like a miracle.
Firefighters, assisted by the Urban Search and Rescue team (USAR) specialized in the location and extrication of victims trapped under structural collapse, must also periodically monitor the structure, which risks falling on them.
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The Civil Protection evacuated over 600 people from their homes in the surrounding areas. "Some of them have found shelter with friends and family, others are being hosted in public spaces such as a sports centre," Pierfrancesco Demilito, local coordinator for the Civil Protection, told The National.
Looking onto the site of the collapse, a number of residents watched the unfolding rescue operations in disbelief.
Edmondo Iannuzzi, a 59-year-old health worker, used to live in one of the buildings overlooking the Morandi bridge, also known as Genoa’s “Brooklyn Bridge” for its architectural resemblance to the New York’s iconic structure. The site of the collapse is a view he still cannot believe.
“I grew up looking at this bridge, and now it’s gone,” Mr Iannuzzi said.
The bridge, designed by the engineer Riccardo Morandi, was built between 1963 and 1967 by the Italian Society for Water Pipelines. Renovations were ongoing and it is currently not clear what caused the collapse.
Taxi driver Guido Zavoli, 52, said he was on the motorway half an hour before it collapsed, but that other colleagues had even closer calls. "We all feel blessed not to have been on it at that time," Mr Zavoli told The National.
On an average day, the taxi driver said he crossed the bridge around 10 times to collect tourists from the port and take them to the airport. The motorway was also the main artery towards France and Italy’s northern Piemonte region.
“Traffic will be crazy once the holidays are over,” Mr Zavoli said, pointing out that the only remaining road connecting the eastern and western parts of Genoa is the one that bypasses the city.
At present, a number of trucks and cars are still on the extremities of the collapsed bridge, a few inches from the edge of the abyss. A truck belonging to the Basko supermarket chain is still a stone throw away from the point in which the bridge broke in half.
The man, a 37-year-old Italian who is married with children, was doing his daily delivery rounds when the structure collapsed in front of his eyes. The unnamed driver is said to still undergoing treatment for shock.
A former football player, Davide Capello, 36, was unscathed after an 80-metre fall. He was caught in between his vehicle and the rubble and was able to leave the car without aid.
Others have not been as lucky. The 39 victims include three children, aged 8, 12, 13.
Across the city, shock residents attempt to find a silver lining and few want to engage in speculation about the reasons behind the collapse. "The tragedy could have been even worse," Mr Bussolino, of the Red Cross, said. The bridge fell a few meters from private homes and close to an industrial compound. "Had it collapsed a bit further, it would have been a carnage. In the end, we were lucky."
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BEETLEJUICE BEETLEJUICE
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Will the pound fall to parity with the dollar?
The idea of pound parity now seems less far-fetched as the risk grows that Britain may split away from the European Union without a deal.
Rupert Harrison, a fund manager at BlackRock, sees the risk of it falling to trade level with the dollar on a no-deal Brexit. The view echoes Morgan Stanley’s recent forecast that the currency can plunge toward $1 (Dh3.67) on such an outcome. That isn’t the majority view yet – a Bloomberg survey this month estimated the pound will slide to $1.10 should the UK exit the bloc without an agreement.
New Prime Minister Boris Johnson has repeatedly said that Britain will leave the EU on the October 31 deadline with or without an agreement, fuelling concern the nation is headed for a disorderly departure and fanning pessimism toward the pound. Sterling has fallen more than 7 per cent in the past three months, the worst performance among major developed-market currencies.
“The pound is at a much lower level now but I still think a no-deal exit would lead to significant volatility and we could be testing parity on a really bad outcome,” said Mr Harrison, who manages more than $10 billion in assets at BlackRock. “We will see this game of chicken continue through August and that’s likely negative for sterling,” he said about the deadlocked Brexit talks.
The pound fell 0.8 per cent to $1.2033 on Friday, its weakest closing level since the 1980s, after a report on the second quarter showed the UK economy shrank for the first time in six years. The data means it is likely the Bank of England will cut interest rates, according to Mizuho Bank.
The BOE said in November that the currency could fall even below $1 in an analysis on possible worst-case Brexit scenarios. Options-based calculations showed around a 6.4 per cent chance of pound-dollar parity in the next one year, markedly higher than 0.2 per cent in early March when prospects of a no-deal outcome were seemingly off the table.
Bloomberg
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