Tuesday, October 7, 2008

The Icelandic internet bank, Icesave, has suspended all 300,000 of its UK customer accounts, leaving account holders in the United Kingdom unable to withdraw or deposit any funds. A message on its website posted this morning states:

“We are not currently processing any deposits or any withdrawal requests through our Icesave internet accounts. We apologise for any inconvenience this may cause our customers. We hope to provide you with more information shortly.”

The internet bank, owned by the Icelandic bank, Landsbanki (Landsbankinn), which was recently nationalised in an attempt to rescue it, has been hit by the global financial crisis. Reports from the United Kingdom suggest that the traders and city are preparing for the parent company to be declared insolvent, leaving customers to recover their monies through a financial compensation scheme being backed by the Icelandic Government. The plan will cover the first € 20,887 (Approx £16,300 / $28,720), the remainder of the customers funds being recovered through the UK’s own financial compensation system.

Following the decision to nationalise Landsbanki, the Icelandic Prime Minister, Geir Haarde, who introduced and signed the emergency legislation into law, stated:

In describing and explaining its actions in nationalising the bank, the Icelandic Financial Supervisory Authority issued this brief statement:

In response to the deepening world financial situation, the Dutch government has this afternoon increased its savers protection from €38,000 to €80,000 effective immediately, to help secure the financial status of its savers within Holland. Icesave also has a Dutch branch, icesave.nl – their website was unreachable at the time of this article.

Saturday, April 30, 2005

The first thing to catch my eye when I approached what used to be a Texeco gas station, was a guy up in a man-lift beside the pump price sign. Seeing heavy equipment being used to change what I thought were the gas prices, I thought, “Gawds, these prices are getting out of hand!”

After stopping in later and talking with the owner, I was impressed by how elated he was on the subject of bank processing fees. This was news to me. So I reported it.

The man-lift I saw earlier is absent from the photograph I took. They had used the lift to change the pump price sign from Texaco to Shell.

Saturday, October 16, 2010

US Texas Commissioner of Agriculture Todd Staples visited Orr Elementary school in Tyler, Texas on Wednesday to kick off National School Lunch week for the state. Commissioner Staples spoke to over 200 students during lunch about the importance of eating healthy. “During the old days, the Three R’s in school meant ‘Reading, ‘Writing and ‘Arithmetic’ […] but I want you students to remember the three E’s: Education, Exercise and Eating right,” he stated.

The Commissioner asked students a variety of questions about state trivia such as the names of the state bird, the state tree and the state fruit. Students who answered correctly were awarded prizes.

During a short press conference following, Commissioner Staples stated his concerns regarding the health of children in Texas: “Current indications are that over 30 percent of children in [the United States of] America are struggling with childhood obesity. Estimates indicate that this issue alone can cost this county one-billion dollars in healthcare costs per year in the future.” “I applaud the city of Tyler for taking the Fit City challenge,” the Commisioner further stated.

National School Lunch Week runs from October 11th–15th. President Barack Obama issued a presidential proclamation naming October 11th–15th the National School Lunch Week.

Saturday, October 4, 2008

The U.S. Senate passed a revised bailout bill designed to help the struggling U.S. financial economy, which has measures nearly identical to the bill rejected by the U.S. House of Representatives on Monday.

“Senate Democrats and Republicans believe it is essential that we work quickly on this important legislation to restore confidence to our financial system and strengthen the economy,” said Senate Majority Leader Harry Reid.

The new revisions include raising the FDIC insurance cap to $250,000, a move designed to please progressives. However, the $110 billion in tax breaks, earmarks and what has been called pork barrel spending is not offset by any increases in revenues and has added opposition to the bill from some Representatives in the House.

Earmarks added into the bailout bill included $192 million in tax rebates for the Virgin Islands rum industry, $148 million in tax cuts for the wool industry, $100 million tax cuts to the auto racing industry, and $48 million in Hollywood tax incentives.

Vice President of Taxpayers for Common Sense, Steve Ellis, offered his explanation for the pork and earmarks added in. “People who support some of these provisions will forget about the $700 billion and concerns they may have on that, and say, ‘If you give me a few million in tax breaks for my constituents, I’ll go along'”.

The tactic seems to have worked, however, managing to flip enough votes to pass the bill.

“The inclusion of parity, tax extenders and the FDIC increases has caused me to reconsider my position,” said Representative Jim Ramstad (R Minnesota), who voted against the previous bill on Monday. “All three additions have greatly improved the bill.”

But Representative Marcy Kaptur (D Ohio) was not changing her no vote. “I will not support this legislation because it’s the wrong medicine,” she said.

The Senate took H.R.1424, a bill originating in the House concerning “equity in the provision of mental health and substance-related disorder benefits under group health plans, to prohibit discrimination on the basis of genetic information with respect to health insurance and employment,” and extended it with the bailout provisions.

H.R.1424 was introduced on March 9, 2007, by Rep. Patrick Kennedy (RI-1) and had the support of First Lady Rosalind Carter. It is noted on the Congressional Website that “On 10/1/2008, the Senate passed H.R.1424 as the vehicle for the economic rescue legislation. In the EAS version of the bill (Engrossed Amendment as Agreed to by the Senate), Division A (pp.1-110) is referred to as the Emergency Economic Stabilization Act of 2008; Division B (pp. 110-255) is referred to as the Energy Improvement and Extension Act of 2008; and Division C (pp. 255-441) is referred to as the Tax Extenders and Alternative Minimum Tax Relief Act of 2008.” It was not treated as an appropriations bill in the House.

There were two votes in the Senate. The first was to amend H.R.1424, which required 3/5 to be accepted, which it was. The second was a vote on the bill. Passage of the Bill required only a 1/2 majority. It was passed with 74 yeas and 25 nays. Senator Kennedy did not vote.

Friday, April 11, 2008

In the Opening Day of 2008 AutoTronics Taipei (April 9), the Industrial Technology Research Institute of Taiwan (ITRI) invited Jamie C. Hsu (Consultant of Ministry of Economic Affairs of the Republic of the China and Former Management Executive Director of General Motors Global Technology) for a speech in the “Pavilion of Taiwan Automotive Research Consortium (TARC)” to forecast the future of automobile industry in Taiwan, which echoed the “Taiwan Automotive International Forum & Exhibition”, held at TWTC Nangang in conjunction with 2008 Taipei AMPA.

Before the main show, Department of Industrial Technology of Ministry of Economic Affairs supervised the establishment of TARC by ITRI, Chung-Shan Institute of Science and Technology, Metal Industries Research & Development Center, and the other academical and industrial units to improve the level of research and development including applications on security, artificial intelligence, and energy-saving.

Monday, December 12, 2005

Cronulla Beach in Sydney, New South Wales was the scene of racist mob-violence yesterday. In what has been described as disgusting, un-Australian and shameful behaviour, participants in a 5000-strong mob assaulted people suspected of being of Lebanese origin. The angry, alcohol-fuelled crowd also turned on anyone who tried to help the victims, including police, security guards and ambulance officers.

Following an attack on two lifeguards earlier in the week, allegedly by men of Lebanese descent, a protest had been organised via text messages and a small number of usenet postings.

Sutherland Shire Mayor Kevin Schreiber says inflammatory text messages calling for revenge attacks fueled the violence. Mr Schreiber said the heavily-circulated messages ensured troublemakers went to the southern Sydney beach looking for a fight. Police had patrolled the area all weekend after text messages began circulating among the community calling for vigilante responses to unwelcome visitors on the beach.

“The sending out of that text message was foolish and irresponsible and ensured that people from all over Sydney came to Cronulla looking to cause trouble and this was further fueled by alcohol,” said Mr Schreiber.

Sydney’s popular talk-back radio station 2GB also promoted Sunday’s event. Breakfast announcer Alan Jones has been accused of “fanning the flames.” Callers who recommended vigilante action were not discouraged to take the law into their own hands. Mr Jones, notorious for inflammatory comments, repeated the text message for Cronulla residents to defend their territory several times.

As the crowd marched along the beach and foreshore area, waving Australian flags, the crowd chanted racist slogans, with many wearing clothes bearing racist sentiment.

Middle Eastern men were openly targeted and assaulted. A young Muslim woman wearing a veil was chased into a kiosk on Cronulla beach. Police tried to move her away from the chanting crowd but were unable to reach the security of the command post. While the woman and police officers hid in the kiosk, a crowd surrounded the kiosk and shouted “Kill the Lebs”, while others climbed on top of the kiosk.

As police horses and special operations officers formed a line and pushed the crowd away, they were bombarded with beer bottles. After half an hour, an ambulance arrived at the kiosk and people were loaded into it. The ambulance, transporting six injured youths, escorted by police and police horses, was also bombarded with beer bottles. One struck an ambulance officer on the head. His colleague suffered lacerations to the arm.

Sunday, September 30, 2007

Vodafone McLaren Mercedes driver Lewis Hamilton starting from pole wins the FIA Formula-1 2007 Japanese Grand Prix at the Fuji Speedway, Oyama, Japan. It was the first race on this circuit since 1977, when James Hunt won the race for McLaren–Ford.

A rainy and foggy weekend at Fuji appeared to be very hard for all drivers as the race ran longer then expected and the drivers have to concentrate more due to severe weather conditions. The race started behind the safety car which stayed on a track for an unusually long time, about 40 minutes.

Both Ferrari drivers, who managed to get the second row on the starting grid in the Saturday qualifying session were out of the game on the first laps due to their tyre selection mistake – drivers were forced to change to extreme wet tyres after a few driving errors. When the pace car finally turned off the lights giving the drivers a clear road Hamilton quickly got away from his teammate, Fernando Alonso, who had more fuel on board and thus had a heavier car. Alonso would be eliminated after 41 laps in a driving accident.

Heikki Kovalainen driving for Renault finally leads to a first podium finish for the team in this season, the Finn managed to get second place. On the final laps of the race he masterly defended his position from Kimi Räikkönen, who returned to the battle for podium after the Ferrari start failure.

Sebastian Vettel and Mark Webber both nearly finished on the podium, but a collision between their Toro Rosso and Red Bull sponsored vehicles took them out of the race.

Renault-engined cars did well in the race with David Coulthard and Giancarlo Fisichella finishing in 4th and 5th places.

Robert Kubica got a drive through the pit-lane penalty after some dangerous driving and a collision with Hamilton, causing the Polish driver to be rolled back to 7th place. Felipe Massa took 6th place for Ferrari in his hard battle with Kubica in the sprint to the finish line.

Vitantonio Liuzzi rounded out the top eight for Toro Rosso.

Adrian Sutil did his best for Spyker, finishing ahead of both Hondas. It was confirmed that Spyker will change owners next season becoming the first Indian national Formula One team in history.

In the Drivers’ Championship Hamilton, with 107 points, has increased his lead over teammate Alonso to 12 points. Kimi narrowed the gap to the McLaren drivers, now only five points behind Alonso.

Friday, June 19, 2009

Several organizations have increased their Farsi services in the wake of the events surrounding the recent presidential election. Google has added Farsi-to-English translation as one of its translation options to its Google Translate service. Similarly, Facebook has launched a Farsi version of its web site. The BBC has increased the number of broadcasting satellites that it uses for its Farsi news channel, BBC Persian Television.

Google’s translation services currently only provide translation from Farsi to English. Franz-Josef Och stated that this was to enable people in Iran to communicate directly via the Internet with the outside world, saying “Like YouTube and other services, Google Translate is one more tool that Persian speakers can use to communicate directly to the world, and vice versa — increasing everyone’s access to information.”. The company states that it is working to provide translation between Farsi and the other 40 languages that it provides on its Translate service.

Facebook’s Farsi version of its web site, which is still marked as a beta-test version, was launched rapidly, with, the company states, the assistance of more than 400 Farsi speakers who submitted translations of the contents of the site.

Both companies state that their reasons for expanding their services are to promote communication, and are not politically motivated.

The BBC has increased the number of broadcasting satellites that it uses for broadcasting its Farsi news channel. This is, it states, in response to signal jamming of its broadcasts by the Iranian government. (The Iranian government accuses BBC Persian Television, which is funded by the British Foreign Office, of being a propaganda service for the British Government.) It states that its broadcasts on the Hot Bird 6 satellite had been aggressively jammed, and that therefore it was now also broadcasting from the Eutelsat W2M satellite, and planned to start broadcasting from Nilesat as well in the near future.

Tuesday, August 23, 2016

The following is the third edition of a monthly series chronicling the U.S. 2016 presidential election. It features original material compiled throughout the previous month after an overview of the month’s biggest stories.

In this month’s edition on the campaign trail: two individuals previously interviewed by Wikinews announce their candidacies for the Reform Party presidential nomination; a former Republican Congressman comments on the Republican National Convention; and Wikinews interviews an historic Democratic National Convention speaker.