Daily Mail 
Friday, March 26, 2010
A South Korean naval ship with 104 on board was sinking today after a suspected torpedo attack by North Korea.
The 1,500-tonne vessel is going down near Baengnyeong island, with rescue crews fearing many sailors have died.
In apparent retaliation, the South Korean navy shot at an unidentified ship in the direction of North Korea.
The incident is viewed as a potential flashpoint which could plunge the two countries into all-out conflict.
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South Korea’s Joint Chiefs of Staff said that it is not clear what caused the ship to sink. It is believed 59 sailors have been rescued.
South Korea’s government has convened an emergency meeting of security ministers, according to state television.
Authorities say the ship began sinking around 10:45 pm local time (1.45pm GMT) in the Yellow Sea.
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