Thursday, July 15, 2010

On Thursday, the United States Senate approved the financial overhaul package in a 60-39 vote. The bill is now awaiting President Barack Obama’s signature.

Obama is expected to sign the legislation into law next week, and the focus now switches to how the new regulations will be implemented in the coming weeks and months. The legislation will give financial regulators significant discretion in shaping the rules.

The legislation also puts faith in regulators to spot developing problems in the financial system, and gives them the authority to act to attempt to prevent another financial crisis. The bill calls for banks to hold more money in their reserves to prepare for bad economic situations, but the details of how this will be done are also up to regulators.

Monday, September 21, 2009

Dozens of students and teachers were stung by yellow jacket wasps Monday at a middle school in Cranston. The attack occurred around 10:45 a.m., according to Ray Votto, the chief operating officer for Cranston Public Schools.

It is suspected that during a routine fire drill, students exiting the building disturbed the wasps’ nest in a field behind the school. Votto said, “When kids exited towards the back of the school building near our portable classrooms, they walked into a field and may have disrupted a nest”.

The Cranston Fire Department and school nurses responded to the scene to provide medical assistance. A total of 25 students, one of whom was hospitalized, and four teachers were stung, some multiple times. All of the students and one teacher were sent home.

Monday, February 18, 2013

Venezuela’s government has opened a granite processing plant in the state of Bolívar, with the intention of providing about 25% of the granite required nationwide.

Ricardo Menéndez, vice president of the Productive Economic Area, said Venezuelan President Hugo Chávez has yearned for the creation of this project to empower Venezuelan construction. Granito Bolívar is reportedly the most modern Venezuelan granite plant, not consuming community water or electricity, and is also the largest, with a daily capacity to supply enough material for use in construction of about 820 houses.

Menéndez said, “These granite blocks are the natural resources of our country, are the wealth we have as a country and often [some] simply decided to remove this richness from our country and take them to other countries” ^{((es))Spanish language: ?Esos bloques de granito son la riquezas naturales de nuestro país, son las riquezas que tenemos como patria y que muchas veces sencillamente esas riquezas decidieron sacarlas de nuestro territorio nacional y llevarlas a otros países}.

According to Menéndez, with the help of a state plan, Venezuela intends to exploit its 40,000 million cubic meters or more of granite reserves, generating a set of factories. “[T]he central theme is that these plants, all these factories, are for the construction of socialism; that means using our potential, develop the value chain within the country and of course that yields benefits from the point of view of the production system’s organization…. [Granito] Bolívar is not only the vision that historically we had of exposing richness, but the industries, basic industries we have, that level of our workers in the basic industries and in addition the development of the potential we have in the state” ^{((es))Spanish language: ?el tema central es que estas plantas todas estas fábricas son para la construcción del socialismo, eso significa utilizar nuestras potencialidades, dessarrollar la cadena de valor dentro del país y por supuesto que eso genere beneficios desde el punto de vista de la organización del sistema productivo … Bolívar no solamente es la visión que históricamente se tuvo de exponer las riquezas, sino que son las empresas, las empresas básicas que tenemos, ese nivel de nuestros trabajadores de la empresas básicas y adicionalmente el desarrollo del potencial que tenemos en el estado}.

For the construction of the plant, supplied by 23 quarries, the government of Bolívar provided about 30 million bolívares (US$4.7 million) and the national government €2.3 million (US$3 million). Bolívar reportedly has reserves of about 40,000 million tons of red, black, pink and white granite, sufficient for domestic demand for 200 years.

Wednesday, November 4, 2009

Some of the notable pieces from the gold and silver hoard which was found in a private field in Staffordshire, England by a metal-detector user have been put on display in the British Museum in the city of London.

Approximately 1,500 pieces were found in July of this year; the discovery was reported by news sources in September. The value of the hoard itself is still being checked. 18 of the pieces have now gone on display in the museum in London, England, and can be seen by members of the public.

Fred Johnson, who is the owner of the land in which the hoard was found, said: “It’s been an incredible experience. I’m overwhelmed by it all. They say this will change the history books; it’s a strange thought that came from something lying in my field all this time. I’m trying to keep a level head about it. I’m trying not to think at all about the value of it.” Johnson will share the sum of the value of the hoard with Terry Herbert, who found the pieces. The hoard is believed to date back to the 7th century.

“People laugh at metal detectorists,” Herbert said in late September. “I’ve had people go past and go ‘beep beep, he’s after pennies’. Well no, we are out there to find this kind of stuff and it is out there.”

Michael Lewis is the deputy head of the Department of Portable Antiquities in the British Museum. Speaking to BBC News about this event, he said: “The view is that it was probably in some sort of container but that has not survived and it was deliberately hoarded, put into the ground, what is unclear is why, and I suppose what we find is they would have been objects that had been stripped from the enemies’ weapons.

“What is interesting about the hoard as a whole is all the objects are associated with war to some or a greater extent. What the hoard consists of is mainly gold objects, there are some silver ones, basically they have been stripped from whatever they were on for instance sword fittings. What it demonstrates is that the Anglo-Saxons as a people were very able to do amazing things with objects and I reckon people nowadays attempting to make these objects would have great difficulty in doing so.”

Saturday, January 5, 2008

An eight-month old boy, Andrew, was attacked and killed by a Doberman Pinscher in Brooklyn, New York. The dog was a three-year old named Mackabee, who is also neutered.

The grandmother was babysitting the boy. While she was in the kitchen she heard the boy scream and ran next door to a neighbor for help. The neighbor took the dog off the boy, rescued him and brought him to his house to try and perform CPR on the boy, while he called 911 for help.

Police said the baby’s head was in bad shape and the dog broke the boy’s skull. Andrew was sent to Kings County Medical.

The doctors tried to save his life by working on him for nearly an hour, but the boy died at 3:06 pm local time. The parents of the child were not home at the time of the incident. The dog was shot with a tranquilizer and was sent to a care center. The city Department of Health is investigating. The dog may have to be put down because of the incident.

According to the US Centers for Disease Control, the Doberman Pinscher is not frequently involved in fatal attacks on humans in comparison to several other dog breeds such as German Shepherds , Rottweilers and others.

Tuesday, December 1, 2009

With two by-elections coming up in Australia, many minor parties and independents will be looking to gain a seat in the House of Representatives. Stephen Murphy is one of the independents.

Mr Murphy is a computer programmer from the Melbourne suburb of Brunswick.

“After growing up in South-East Melbourne I studied Science at Monash with first class Honours, worked in Europe for 10 years and have recently returned to Australia. I work in finance as a computer programmer and speak five languages,” Mr Murphy said.

Wikinews reporter Patrick Gillett held an exclusive email interview with Mr Murphy, candidate for the Division of Higgins.

((WN)) Why do you want to get into parliament?

Stephen Murphy: I am standing up for what I believe is the correct course of action on the biggest issue in Australian politics in 100 years – Kevin Rudd’s flawed emissions trading scheme (ETS).

((WN)) What would the three main policies you are taking into this by-election be?

SM: I will oppose the emissions trading scheme, ensure that all government policy is based on accurate scientific evidence and return common sense to Canberra

((WN)) How would you address these policies?

SM: By asking for a Royal Commission into climate change so that the facts (such as that global warming stopped in 2001 and the emissions trading scheme will not change the climate one bit) are openly presented to the Australian people.

((WN)) Sending asylum seekers to Indonesia: good or bad?

SM: Any government policy that does not properly consider all implications (be it emissions trading, or any other issue) is a bad one.

((WN)) Is the Australian dollar’s near parity with the US dollar a sign that the Australian economy is healthy, the US economy in chaos or both?

SM: It’s a sign of both. Many countries around the world look with envy at how well (relatively) Australia is doing, to our credit! It is of concern that the American economy is in such bad shape and that their levels of debt seem unsustainable.

((WN)) How do you rate the governments economic stimulus package?

SM: The economic stimulus package was poorly targeted and poorly carried out. When we could have been building roads, dams, railways and hospitals yet instead we were paying for tattoos, PlayStations and overseas holidays.

((WN)) Should it be wound back?

SM: The question about levels of stimulus spending is a complicated one and requires expertise in economics, however one could say in general terms that all government spending should be well targeted and spent in the most efficient way.

((WN)) Is Kevin Rudd a better Prime Minister than John Howard?’

SM: Australian voters are the best judge of that and we will know in 2019 🙂

((WN)) Is the Carbon Pollution Reduction Scheme an effective solution to climate change? Why?

SM: Absolutely not. The CPRS will not change the climate by any amount that we can measure – it’s just a new tax that will hurt Australians and drive businesses and jobs overseas. Since 2003 there has been mountains of new scientific data which contradicts the popular theory that human carbon dioxide emissions are causing significant global warming. Recently, many of the scientists who wrote the IPCC report (on which the ETS / CPRS is based) have been reported as manipulating scientific data to create scary global warming scenarios. The science is definitely not settled

((WN)) Is there a better solution?

SM: We can very easily refocus the momentum and goodwill that has been generated on climate change and channel this energy into other worthwhile environmental projects in Australia that will make a difference.

((WN)) Why should the electorate vote for you?

SM: I will oppose the ETS and support responsible environmental policies instead of radical environmental policies that could end up costing every Australian taxpayer $4550 per year in new taxes.

Wednesday, January 26, 2011

Car manufacturer Toyota is to recall almost 1.7 million cars in two simultaneous recalls, that include the Toyota Avensis and Lexus IS 250, after concerns over fuel systems, which, if combined, amount to the biggest Toyota recall for six years.

Japan’s transport ministry stated it was possible for slight cracks to appear in fuel pipes in Avensis models, which may widen if the cars continue to be used. In the United Kingdom, Toyota GB are offering free repairs, which are expected to take around four and a half hours each. The Lexus IS 250 is involved in a separate recall, with around 280 thousand models outside of Japan being recalled over a faulty fuel pressure sensor, which can possibly come loose, causing a fuel leak.

The Managing Director of Toyota GB stated “We are committed to putting the customer first and have a total focus on the quality of all our products. We will liaise with our customers to carry out the repair procedures as efficiently as possible, with minimal disruption”.

Toyota has recalled over 16 million cars globally since late 2009.

Friday, January 8, 2010

Tsutomu Yamaguchi, the only Japanese civilian to be officially recognized as having survived both the atomic bombings of Hiroshima and Nagasaki by the United States in August of 1945 at the conclusion of World War Two, has died this Monday at the age of ninety-three, due to stomach cancer—one of the numerous illnesses that he suffered throughout his lifetime as a direct result of his exposure to nuclear radiation.

Mr. Yamaguchi, although he was against his nation’s involvement in the War, worked as a engineer for Mitsubishi—a company that helped equip and supply the Japanese Imperial Army. He was on business in Hiroshima at the time of the first bombing on August sixth. His almost direct exposure to the atomic explosion temporarily blinded him, ruptured his ear drum (leaving him permanently deaf in his left ear), and severely burnt the top half of his body. Three days later, having gone back to work in Nagasaki, he was approximately three kilometers away from the site of the second bomb. Although he was exposed to significant radiation in this instance as well, Mr. Yamaguchi was left relatively unscathed.

Following Japan’s surrender and the end of the War days later, Mr. Yamaguchi worked as a translator for the occupying American forces and later as a local schoolmaster, before eventually returning to Mitsubishi—which had since then become an automobile manufacturer.

In his later years, Mr. Yamaguchi became a respected lecturer who gave talks about his experiences, and publicly spoke out against the stockpiling of nuclear weapons.

For instance, in 2006, he addressed the United Nations General Assembly. “Having been granted this miracle, it is my responsibility to pass on the truth to the people of the world,” Mr. Yamaguchi said to the Assembly. He went on to say, “My double radiation exposure is now an official government record. It can tell the younger generation the horrifying history of the atomic bombings even after I die.”

When asked by the British Broadcasting Corporation what his reaction was to Mr. Yamaguchi’s death, the mayor of Nagasaki said that “a precious storyteller has been lost.”

Among the family and friends Mr. Yamaguchi left behind were his three adult children—who have also had health issues in their lifetimes thus far that they think may have be related to their father’s initial exposure.

Saturday, September 20, 2008

The parliament of Indonesia has approved government plans to make an Initial Public Offering (IPO) of shares in three major state-owned firms, privatising them. They are steelmaker Krakatau Steel, Bank Tabungan Negara (BTN) and national flag carrier Garuda Indonesia.

The parliament has left the process fully in the hands of the government, and has set the maximum stake to be sold at 30% for BTN and Krakatau, and 40% for Garuda. Although Indonesia has been known to fund budget deficits with privatisation, the intention is for the funds from this scheme to go to the businesses themselves to allow expansion.

Krakatau expects 3.2 trillion Rupiah (IDR) from the sale, while the estimated price for their stock is between IDR3 and IDR4 trillion (321 – 428 million USD). Both ArcelorMittal SA, the biggest steelmaker in the world, and BlueScope Steel Ltd, the largest in Australia, have expressed an interest in the IPO. Krakatau will use the funds to help finance an expansion scheme which aims to have production doubled to five million tonnes in 2011.

BTN, which focuses on home owner loans, has set itself a target income of IDR36.12 trillion (3.86 billion USD) in 2010 compared to a projected IDR22.9 trillion ( 2.45 billion USD) this year. Net profit for this year is projected at IDR472 billion (50.5 million USD)and is hoped to rise to IDR1.39 trillion (148.7 million USD) in 2010. The bank’s loan to deposit ratio is predicted to rise from 105.05% this year to 144.93% in 2012. BTN hopes to conduct its IPO before the end of 2008.

Garuda is not quite 100% state-owned to start with, unlike the other two, but is very close with 95.44% of the company belonging to the government. Like all of Indonesia’s 51 airlines, Garuda is on the list of air carriers banned in the EU due to safety concerns raised after a string of air accidents in the nation. Garuda expects to raise IDR4.2 trillion (449.4 million USD) in funds from the IPO, and will use IDR2.5 trillion (267.5 million USD) to pay off its debts and invest IDR1.7 trillion (181.9 million USD) in new aircraft.

The government is still working to get a deal to make IPOs for architectural firm Yodya Karya and three plantation firms called Perkebunan Nusantara III, IV and VII.

Friday, March 18, 2011

A week ago today, at 2:46 pm JST, a magnitude 9.0 earthquake struck off the coast of the T?hoku region in Japan. The earthquake created an extremely destructive tsunami that spawned 10 metre (33 ft) high waves just moments later. The tsunami travelled 10 km (6 mi) inland causing massive destruction in the country’s northeast, including crippling a nuclear plant.

The earthquake and resulting tsunami have left 5,692 dead and over 9,506 missing, with nearly 450,000 homeless. The death toll is expected to rise.

In this special photoessay, Wikinews looks at the earthquake and tsunami, the destruction that resulted and efforts to bring aid to the Japanese people.