Sep
21
2020
0

Stock markets worldwide rise on hopes of US economic recovery

Friday, August 21, 2009

Stock indexes worldwide rose on Friday, after US bank chief Ben Bernanke said that the US economy was starting to recover from the recession.

Addressing a conference in Wyoming, the bank chief said that “the prospects for a return to growth in the near term appear good.”

He added, however, that “the economic recovery is likely to be relatively slow at first, with unemployment declining only gradually from high levels.”

The Dow Jones Industrial Average gained 155.91 points, or 1.67%, to end the day at 9505.96. The Nasdaq reached 2020.90 points after gaining 1.59%. The Standard & Poor’s 500 Index, meanwhile, struck a ten-month high, reaching a level of 1,026.13 at the closing bell, up 1.9%.

The British FTSE index rose about two percent, closing at 4,851. The French Cac index gained 3.1% and the German Dax 2.8%.

“Bernanke was a little bit more bullish than most people were expecting. He’s saying that the global economy is starting to emerge from the recession and that the fears of a financial collapse have receded substantially,” said Jacob Oubina, the currency strategist of Forex.com.

“I think the market is just taking those headlines as extreme positives for the outlook.”

Jean-Claude Trichet, the European Central Bank president, warned that talk of a complete recovery might be premature. “I am a little bit uneasy when I see that, because we have some green shoots here and there, we are already saying, ‘well, after all, we are close to back to normal,’ ” he said.

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Sep
20
2020
0

ACLU President Strossen on religion, drugs, guns and impeaching George Bush

Tuesday, October 30, 2007File:Nadine Strossen 5 by David Shankbone.jpg

There are few organizations in the United States that elicit a stronger emotional response than the American Civil Liberties Union, whose stated goal is “to defend and preserve the individual rights and liberties guaranteed to every person in this country by the Constitution and laws of the United States”. Those people include gays, Nazis, women seeking abortion, gun owners, SPAM mailers and drug users. People who are often not popular with various segments of the public. The ACLU’s philosophy is not that it agrees or disagrees with any of these people and the choices that they make, but that they have personal liberties that must not be trampled upon.

In Wikinews reporter David Shankbone’s interview with the President of the ACLU, Nadine Strossen, he wanted to cover some basic ground on the ACLU’s beliefs. Perhaps the area where they are most misunderstood or have their beliefs most misrepresented is their feelings about religion in the public sphere. The ACLU categorically does not want to see religion disappear from schools or in the public forum; but they do not want to see government advocacy of any particular religion. Thus, former Alabama Chief Justice Roy Moore’s placement of a ten ton monument to the Ten Commandments outside the courthouse is strenuously opposed; but “Lone Ranger of the Manger” Rita Warren’s placement of nativity scenes in public parks is vigorously defended. In the interview, Strossen talks about how certain politicians and televangelists purposefully misstate the law and the ACLU’s work in order to raise funds for their campaigns.

David Shankbone’s discussion with Strossen touches upon many of the ACLU’s hot button issues: religion, Second Amendment rights, drug liberalization, “partial-birth abortion” and whether or not George W. Bush should be impeached. It may surprise the reader that many ideas people have about the most visible of America’s civil libertarian organizations are not factually correct and that the ACLU often works closely with many of the organizations people think despise its existence.

Retrieved from “https://en.wikinews.org/w/index.php?title=ACLU_President_Strossen_on_religion,_drugs,_guns_and_impeaching_George_Bush&oldid=4540341”
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Sep
19
2020
0

Category:Health

This is the category for Health.

Refresh this list to see the latest articles.

  • 22 August 2020: Russia’s Navalny airlifted to Germany
  • 8 July 2020: 11-month old baby finds illegal drugs in playground in British Columbia, Canadian police report
  • 5 June 2020: Face coverings to be mandatory on public transport in England from June 15, transport secretary declares
  • 29 May 2020: SARS-CoV-2 surpasses 100,000 confirmed deaths in the United States
  • 29 April 2020: SARS-CoV-2 surpasses one million confirmed infections in the United States
  • 14 April 2020: English mathematician John Horton Conway dies after contracting COVID-19
  • 8 April 2020: Bangladesh reports five new deaths due to COVID-19, a daily highest
  • 7 April 2020: US state of Wisconsin holds 2020 election amidst COVID-19 concerns
  • 5 April 2020: SARS-CoV-2 surpasses one million infections worldwide
  • 20 March 2020: Arizona, Florida, Illinois hold 2020 US presidential primaries; Ohio postpones
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Sep
18
2020
0

Risk Factors In It Consulting And Services

Risk Factors In IT Consulting And Services

by

Anderson CardRisk Factors In IT Consulting And Services IT consulting and Professional IT Services have become big businesses drawing in big bucks. With the sudden expansion in the industry and an unprecedented growth in demand, we have seen an explosion in the number of firms offering consulting and professional IT Services. With this humongous increase in the number of professional IT Service companies demand has witnessed exponential growth leading to a lot of incompetent companies that have managed to enter the business taking advantage of the shortage in supply. Thus there is always the risk of a customer hiring one of these incompetent companies. There have also been cases where an unscrupulous customer has taken advantage of unwary professional IT Service Company. Thus in this industry of cut throat competition it is imperative that one understands the risk factors involved in IT Consulting and services. These risks can be viewed from the following anglesCompany point of view: — The first and the foremost risk is one of non-payment by the customer. The easiest way to avoid this would be to do a proper credit worthiness check on the customer before entering in to an obligation. — The company must also be aware of the periodic cycles of boom and recession that hits any industry. Studying economic records over a period of time can help overcome this risk. — If a company has outsourced its business to a country like India it must keep tabs on the socio-economic and political situation in that country at all times. — Pricing also is a major source of risk. Over pricing will drive the customers away to competitors and under pricing will affect base line profitability, thus pricing must be done with a lot of care. — The company must also take in to account the prevalent economic laws like anti trust or anti competition laws in the country of operation. If the company does not do this there is a very real possibility of violation and heavy fines. — A lot of IT consulting companies have gone bust due to corrupt management practices. A good internal control avoids this riskCustomer point of view — As already stated there are a lot of companies offering IT consulting services the challenge for the customer is to choose the right one according to his needs. There is always the risk of choosing the wrong company. In order to avoid this risk the customer has to first understand the exact nature of his requirement and choose the most appropriate company offering the service. Example: For a small requirement there is no point in going to a big consulting company. There are a lot of small and medium sized professional IT service companies, which may suit the customers need better. — It is imperative that the customer does a proper analysis of the consulting company he approaches. This will reduce the risk of incompetent and poor quality service. This could be done by talking to few of the already existing customers of the consulting company and compiling their feedback. — The customer has to be sure that he is not over charged for the service provided this can be done by keeping tabs on the average consulting fees charged in the industry. — In case the customer hires the consulting company for customized software development then quality after sales service is a very important aspect that the customer must insist on.Author Bio:

My name is William Smith and I ama IT Systems Engineer with over 10 Year Experience; L&C Sunshine Technology Services was started with the business fundamentals that a client should be dealt with on a one on one personal level, not treated like an account number.

For more information about this article see following link: Risk Factors In IT Consulting And ServicesArticle Source: ArticleRich.com

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Written by Admin in: It Services |
Sep
08
2020
0

FDA issues proposed rules requiring calorie content on menus

Sunday, April 3, 2011

The US Food and Drug Administration (FDA) has issued proposed calorie labeling rules requiring most retail food vendors to display the calorie counts in items on their menus and menu boards. The proposed rules, issued Friday and expected to be finalized in 2012, would apply to most restaurants, snack bars, vending machines, coffee shops, drive-through restaurants, and convenience and grocery stores.

The US Congress required the rules in the health-care reform law passed in 2010. The rules proposed by the FDA must undergo a public comment period before they are finalized and take effect, said Michael R. Taylor, Deputy Director for Foods at the FDA.

The proposed regulations pertain to businesses devoting more than 50 percent of their floor space to the sale of food or that consider themselves restaurants, specifically food-selling chains with at least 20 stores nationally. Included are candy stores, bakeries, and ice-cream parlors.

The FDA’s proposed guidelines specify that chains post the calorie counts of foods and drinks on menus and menu boards or next to the food item, such as at a salad bar. The menu is to prominently exhibit the calorie content of each item in a way customers can see easily, giving them the same information packaged foods prepared at home currently provide. The information must be displayed in “clear and conspicuous” print and colors.

Giving consumers clear nutritional information makes it easier for them to choose healthier options that can help fight obesity and make us all healthier.

Many cities and states have passed laws requiring calorie labeling on menus, beginning with New York City in 2008. California implemented a similar law in January, although many counties are waiting for the release of the federal guidelines before they begin enforcement. Some fast-food chains there, such as McDonald’s and Starbucks, are displaying calorie counts on menus in some of their stores.

The rules are intended to curb the national obesity epidemic since, according to FDA estimates, one third of the calories people consume yearly come from food eaten out. In a statement issued yesterday, Kathleen Sebelius, Secretary of Health and Human Services said, “Giving consumers clear nutritional information makes it easier for them to choose healthier options that can help fight obesity and make us all healthier.”

Excluded from the rules are businesses whose primary product is not food sales but that sell it, such as bowling alleys, airports and airplanes, amusement parks, hotels and movie theaters. Alcohol is also excluded.

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Sep
07
2020
0

Chinese chemical plant explosion threatens water supply for major city

Thursday, November 24, 2005

A large scale environmental accident is causing wide-spread disruptions to water supplies in Harbin, China after an accidental release of toxins two weeks ago at a chemical plant. Water supplies are being shipped in amidst a relative calm, Thursday. Local officials have suggested normal water supplies may resume in some form as early as Sunday.

An explosion at a workshop of the No. 101 Chemical Plant of the Jilin Petrochemical Company in Jilin City on November 13 resulted in the accidental release of benzene and benzene-like organic compounds, including nitrobenzene, into the Songhua River. The upstream position of the plant relative to the Chinese city of Harbin made the pollution a risk to the health of its populace; the solution of ceasing public water production will leave more than 3.8 million people without public drinking water for three or more days. Harbin, the capital of the neighboring Heilongjiang province, is located about 380km (230 miles) from the plant and is itself located near the middle of the 1,897 km long Songhua River–from which it derives the majority of its water supplies. Benzene is a carcinogen, and the levels initially released into the Songhua River were 108 times the national safety levels for the country. By November 21, the polluted area included roughly 80 kilometers of the Songhua River.

The State Environmental Protection Administration (SEPA) as well as local experts and officials have worked on a pollution-control campaign and emergency schemes have been launched by the two provincial governments to limit the effects of the environmental incidents. Jilin also quickly acted to block the further entry of the pollutants into the river and released large volumes of water from a reservoir in order to dilute them; at this time, Harbin added active carbon powders in quantities reaching 1,400 tons and more in order to purify the water. The densities of the benzene and nitrobenzene substances in the river near Jilin have dropped to levels within the state safety guidelines since the accidental release. The water that will pass through Harbin is expected to contain only small amounts of the toxic pollutants and to pass through Friday morning based upon its current speed. In preparation for the passage of these pollutants, the municipal government of Harbin has established an emergency medical care system composed of 15 hospitals to treat residents that may be exposed to contamination.

Zhang Dingbang, deputy secretary of the municipal government, said, at the first press conference since the incident that was held Wednesday, that Harbin is drilling 100 new wells in order to obtain 80,000 tons of underground water in addition to its current output from 918 wells of 320,000 tons every day. Nevertheless, thousand of tons of purified water have been provided by neighboring regions and enterprise donations, which will further increase this supply. Harbin residents have collected more than 300,000 tons of water as of Tuesday. Liu Yuzhu, a senior official with the municipal water supply and drainage corporation, has said that this supply is expected to provide for the daily average use of 18,600 tons per day for the three days required for the clear passage of the pollutants through the area.

Retrieved from “https://en.wikinews.org/w/index.php?title=Chinese_chemical_plant_explosion_threatens_water_supply_for_major_city&oldid=435022”
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Sep
04
2020
0

2006 U.S. Congressional Elections

Wednesday, November 8, 2006

As of 10:00 p.m EST November 8, 2006, the Democratic Party is projected to have gained control of both the United States House of Representatives and the United States Senate in the 2006 United States general elections. MSNBC projects that the Democrats now control 234 seats in the House of Representatives, 16 more seats than the 218 needed to control the House of Representatives as all 435 seats were up for election. In the Senate, where the balance of power is closer, one-third of all seats were up for grab. As of 10:00 p.m. EST, AP and Reuters were projecting that the Democrats had picked up all six seats they needed to retake the Senate, including the seats of incumbents Rick Santorum (Penn.), Lincoln Chafee (R.I.), Jim Talent (Missouri), Mike DeWine (Ohio), John Tester (Montana), and Jim Webb (VA). The Tester victory by less than 3,000 votes was projected at approximately 2 p.m. EST after the State of Montana announced the results of overnight recounts. Democrat Jim Webb has prevailed in that race by slightly more than 7,000 votes, though his opponent has not conceded and a recount may still occur.

Retrieved from “https://en.wikinews.org/w/index.php?title=2006_U.S._Congressional_Elections&oldid=4553927”
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Sep
01
2020
0

Australia/2005

[edit]

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Aug
25
2020
0

Media round-up: April Fools’ Day 2008

Tuesday, April 1, 2008

Many media outlets traditionally deliberately spread hoaxes on April Fools’ Day, including notable quality sources such as National Geographic and Science.

The popular British tabloid The Sun wrote that French President Nicolas Sarkozy is to undergo stretch surgery to make him taller than his wife, Italian artist and model Carla Bruni. The report claimed the 5 foot 5 inch leader would be made 5 inches taller in one year using a method by Israeli professor Ura Schmuck. The Sun noted that during his visit to Britain last week, Sarkozy had high-heel shoes while his wife wore a pair of flat pumps.

The Guardian on the other hand ran an article that suggested that Carla would head an initiative by Prime Minister Gordon Brown to bring more glamour, good taste and sophistication to the U.K. general population. This would involve collaboration with Marks & Spencer for high-street fashion and Jamie Oliver for meals and wine.

BBC News had real-looking footage of flying penguins fronted by documentary host Terry Jones, which were actually an advertisement for its new iPlayer.

Retrieved from “https://en.wikinews.org/w/index.php?title=Media_round-up:_April_Fools%27_Day_2008&oldid=4496428”
Written by Admin in: Uncategorized |
Aug
11
2020
0

Mysterious power failure takes down Wikipedia, Wikinews

This article mentions the Wikimedia Foundation, one of its projects, or people related to it. Wikinews is a project of the Wikimedia Foundation.

Wednesday, February 23, 2005

On Monday, at 10.14 pm UTC, the Wikimedia server cluster experienced a total power failure, taking down Wikipedia, Wikinews, and all other Wikimedia websites.

The servers are housed in a colocation facility (colo) in Tampa, Florida, USA. They occupy two racks, with each rack receiving electricity from two independent supplies. However, both supplies have circuit-breakers in them, and both opened at the same time, leading to a total power failure. All computers immediately went down. It’s normal for fire safety regulations to prohibit uninterruptible power supplies in colos, with the colo providing its own UPS and generator instead. The circuit breakers were on the computer side of this emergency power system, so none of the computers continued to receive power to survive the breaker trip or shut down safely.

The actual reason why the circuit breakers tripped is currently unknown.

When power was restored, it was discovered that most of the MySQL databases that store the data which makes up Wikipedia et al had been corrupted. The main database and the four slaves had all damaged the data on their hard disk drives beyond the ability of the auto-correction to repair. Only one copy survived safely, on a machine that is used for report generation and maintenance tasks, which remained 31 hours backlogged while catching up after an unusually heavy update load during the previous week.

Volunteer Wikimedia engineers worked through the night rebuilding the databases from the sole good copy onto the other servers. The Wikipedia database is over 180Gb in size, making the copying process last 1.5 – 2 hours for every server it was performed upon.

Regular back-ups of the database of Wikipedia projects are maintained – the encyclopedia in its entirety was not at risk. The last database download was made on February 9; all edits since then could only have been laboriously rebuilt from logs and recovered from the damaged database requiring much more time and effort.

Limited read-only service was established late Tuesday afternoon, with editing becoming possible 24 hours after the power failure. Final repairs continue now, as well as upgrades to prevent similar issues in the future. Server-intensive features, such as categories and ‘watchlists’ that display recent changes to selected articles to registered users, remain disabled to ease the load on the recovering systems.

The process which led to the damage originated with the operating system, disk controllers, or hard drives failing to flush the data correctly.

If the power to a database server is cut mid-write, the database may be corrupted and unreadable, however the operating system, hardware, and software are designed to make this very unlikely. In a previous incident in 2004 power was also lost to a server but the database was undamaged.

To avoid such damage, each database server saves a copy of an edit to be applied to the database on a separate storage system before making the actual update to the database itself. This so-called ‘write-ahead logging’ should ensure that in the event of a system crash, the database can be rebuilt from a ‘last-good’ state by replaying the edits saved in the log.

Earlier this year popular blogging site LiveJournal suffered a similar power failure when another customer at their colocation facility pressed an Emergency Power Off button, intended for use only by firefighters. The company suffered database corruption similar to that seen at Wikimedia.

LiveJournal are now fitting UPS to their servers to ensure that they have time to shut down safely in the event of a power failure. Wikimedia was said to be investigating the possibility of fitting similar equipment at the time of this failure.

Several pundits have suggested that the use of another database, such as the proprietary database Oracle or the free PostgreSQL, would have avoided the database corruption seen at the server cluster. A post-mortem of the incident show the failure was in the operating system, or the hardware, or some combination of the two. LiveJournal, which also uses MySQL, reported similar database corruption after their power cut.

The Wikimedia foundation only allows the use of free software on its systems, and future versions of the Mediawiki software will support the PostgreSQL database.

Users are reminded that during times of system failure or excessive demand, they can still search Wikipedia using Google. The articles may be viewed using Google’s cache.

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