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Saturday, November 17, 2007

Jokela High School in Tuusula, Finland, scene of the Jokela school shooting, has recommenced classes. Earlier this month, student Pekka-Eric Auvinen, 18, fatally wounded eight people with his handgun before turning the weapon on himself in the country’s worst ever school shooting. He died later in hospital, having never regained consciousness.

All last week repair teams have been working to eradicate all traces of the event, with large numbers of bullet holes in walls and doors being filled in, broken windows and torn blinds being replaced, and total renovation of one corridor which Auvinen had attempted to set fire to.

Students had previously been permitted into the school last week, in order to collect belongings left behind as they rushed to evacuate the school. On Monday, the school’s 450 pupils began to attend temporary facilities set up at nearby Tuusula Primary School as well as the local church.

Tuusula spokeswoman Heidi Hagman told reporters yesterday that at first school days would be considerably shortened, adding “Today the students will spend time getting used to the renovated and repaired school area.

“Students and teachers are getting support from Red Cross crisis workers and psychologists during the first days of school.”

Esa Ukkola, head of education in Tuusula, spoke to reporters about the fact that students had been shown around the renovated school. “We need to show there is nobody lurking in the cupboards any more. We’re trying to have as normal a school day as possible. There are dozens of extra people to ensure we can do everything in small enough groups.”

The shooting has prompted public anger in Finland at the media attention directed to it, with a feeling that it undermines the placid reputation of the country. People have questioned the decision of a survey last month to designate Finland as the world’s “most livable country”. Psycho-social service manager Anna Cantell-Forsbom from nearby Vantaa has spoken out about her view that the shooting was mainly caused by a lack of psychiatric care available to the Finnish youth and therefore did not reflect on Finnish society. The shooting has also prompted a move by the Finnish government to raise the legal age for gun ownership from 15 years to 18 years.

Finland is expected to set up a commission of inquiry this week to investigate the murders. The government will set aside resources for the ministry of social affairs, health and education as well as the local municipality for the investigation. Meanwhile, local authorities have shown a four-year response plan to the government, asking for five million Euro to fund it. Half will go towards therapy and occupational guidance for affected residents, while the other half would go to school guidance counsellors, psychologists, school healthcare personnel and other experts. The ultimate goal of the plan is the complete recovery of those adversely affected by the shooting.

Wednesday, January 25, 2012

Across Egypt hundreds of thousands have taken to the streets for the day, marking exactly one year since the outbreak of protests leading to 83-year-old longstanding ruler Hosni Mubarak’s downfall. The country’s decades-long emergency rule was partially lifted this week; meanwhile, a possible economic meltdown looms and a newly-elected parliament held their first meeting on Monday.

Despite the new parliament, military rule introduced following Mubarak’s fall last spring remains. Echoing the demands from a year ago, some protesters are demanding the military relinquish power; there are doubts an elected civilian leader will be permitted to replace the army.

The brief unity against Mubarak has since fragmented, with Secularists and Islamists marking the revolution’s anniversary splitting to opposing sides of Cairo’s famed Tahrir Square and chanting at each other. Initial demonstrations last year were mainly from young secularists; now, Islamic parties hold most of the new parliament’s seats — the country’s first democratic one in six decades.

Salafis hold 25% of the seats and 47% are held by the Muslim Brotherhood, which brought supporters to Cairo for the anniversary. Tahrir Square alone contained tens of thousands of people, some witnesses putting the crowd at 150,000 strong. It’s the largest number on the streets since the revolution.

Military rulers planned celebrations including pyrotechnics, commemorative coins, and air displays. The Supreme Council of Armed Forces took power after last year’s February 11 resignation of Mubarak.

Alaa al-Aswani, a pro-democracy activist writing in al-Masry al-Youm, said: “We must take to the streets on Wednesday, not to celebrate a revolution which has not achieved its goals, but to demonstrate peacefully our determination to achieve the objectives of the revolution,” — to “live in dignity, bring about justice, try the killers of the martyrs and achieve a minimum social justice”

Alexandria in the north and the eastern port city of Suez also saw large gatherings. It was bitter fighting in Suez led to the first of the revolution’s 850 casualties in ousting Mubarak. “We didn’t come out to celebrate. We came out to protest against the military council and to tell it to leave power immediately and hand over power to civilians,” said protestor Mohamed Ismail.

“Martyrs, sleep and rest. We will complete the struggle,” chanted crowds in Alexandria, a reference to the 850 ‘martyrs of the revolution’. No convictions are in yet although Mubarak is on trial. Photos of the dead were displayed in Tahrir Square. Young Tahrir chanters went with “Down with military rule” and “Revolution until victory, revolution in all of Egypt’s streets”.

If the protestors demanding the military leave power get their way, the Islamists celebrating election victory face a variety of challenges. For now, Field Marshall Mohamed Hussein Tantawi — whose career featured twenty years as defence minister under Mubarak — rules the nation and promises to cede power following presidential elections this year.

The economy is troubled and unemployment is up since Mubarak left. With tourism and foreign investment greatly lower than usual, budget and payment deficits are up — with the Central Bank eating into its reserves in a bid to keep the Egyptian pound from losing too much value.

Last week the nation sought US$3.2 billion from the International Monetary Fund. The IMF insists upon funding also being secured from other donors, and strong support from Egypt’s leaders. IMF estimates say the money could be handed over in a few months — whereas Egypt wanted it in a matter of weeks.

The country has managed to bolster trade with the United States and Jordan. Amr Abul Ata, Egyptian ambassador to the fellow Middle-East state, told The Jordan Times in an interview for the anniversary that trade between the nations increased in 2011, and he expects another increase this year. This despite insurgent attacks reducing Egyptian gas production — alongside electricity the main export to Jordan. Jordan exports foodstuffs to Egypt and has just signed a deal increasing the prices it pays for gas. 2011 trade between the countries was worth US$1 billion.

The anniversary also saw a new trade deal with the US, signed by foreign trade and industry minister Mahmoud Eisa and U.S. Trade Representative Ron Kirk. President Barack Obama promises work to improve U.S. investment in, and trade with, nations changing political systems after the Arab Spring. Details remain to be agreed, but various proposals include US assistance for Egyptian small and medium enterprises. Both nations intend subjecting plans to ministerial scrutiny.

The U.S. hailed “several historic milestones in its transition to democracy” within a matter of days of Egypt’s revolution. This despite U.S.-Egypt ties being close during Mubarak’s rule.

US$1 billion in grants has been received already from Qatar and Saudi Arabia but army rulers refused to take loans from Gulf nations despite offers-in-principle coming from nations including Qatar, Saudi Arabia, and United Arab Emirates. Foreign aid has trickled in; no money at all has been sent from G8 nations, despite the G8 Deauville Partnership earmarking US$20 billion for Arab Spring nations.

A total of US$7 billion was promised from the Gulf. The United Kingdom pledged to split £110 million between Egypt and Arab Spring initiator Tunisia. The European Bank for Reconstruction and Development says G8 money should start arriving in June, when the presidential election is scheduled.

The African Development Bank approved US$1.5 billion in loans whilst Mubarak still held power but, despite discussions since last March, no further funding has been agreed. The IMF offered a cheap loan six months ago, but was turned away. Foreign investment last year fell from US$6 billion to $375 million.

Rights, justice and public order remain contentious issues. Tantawi lifted the state of emergency on Tuesday, a day before the revolution’s anniversary, but left it in place to deal with the exception of ‘thuggery’. “This is not a real cancellation of the state of emergency,” said Islamist Wasat Party MP Essam Sultan. “The proper law designates the ending of the state of emergency completely or enforcing it completely, nothing in between.”

The same day, Amnesty International released a report on its efforts to establish basic human rights and end the death penalty in the country. Despite sending a ten-point manifesto to all 54 political parties, only the Egyptian Social Democratic Party (of the Egyptian Bloc liberals) and the left-wing Popular Socialist Alliance Party signed up. Measures included religious freedom, help to the impoverished, and rights for women. Elections did see a handful of women win seats in the new parliament.

The largest parliamentary group is the Freedom and Justice Party of the Muslim Brotherhood, who Amnesty say did not respond. Oral assurances on all but female rights and abolition of the death penalty were given by Al-Nour, the Salafist runners-up in the elections, but no written declaration or signature.

“We challenge the new parliament to use the opportunity of drafting the new constitution to guarantee all of these rights for all people in Egypt. The cornerstone must be non-discrimination and gender equality,” said Amnesty, noting that the first seven points were less contentious amongst the twelve responding parties. There was general agreement for free speech, free assembly, fair trials, investigating Mubarak’s 30-year rule for atrocities, and lifting the state of emergency. A more mixed response was given to ensuring no discrimination against LGBT individuals, whilst two parties claimed reports of Coptic Christian persecution are exaggerated.

Mubarak himself is a prominent contender for the death penalty, currently on trial for the killings of protesters. The five-man prosecution team are also seeking death for six senior police officers and the chief of security in the same case. Corruption offences are also being tried, with Gamal Mubarak and Alaa Mubarak accused alongside their father Hosni.

The prosecution case has been hampered by changes in witness testimony and there are complaints of Interior Ministry obstruction in producing evidence. Tantawi has testified in a closed hearing that Mubarak never ordered protesters shot.

Hisham Talaat Moustafa, an ex-MP and real estate billionaire, is another death penalty candidate. He, alongside Ahmed Sukkari, was initially sentenced to death for the murder of his ex-girlfriend, Lebanese pop star Suzanne Tamim. A new trial was granted on procedural grounds and he is now serving a fifteen-year term for paying Sukkari US$2 million to slit 30-year-old’s Tamim’s throat in Dubai. Her assassin was caught when police followed him back to his hotel and found a shirt stained with her blood; he was in custody within two hours of the murder.

The court of appeals is now set to hear another trial for both men after the convictions were once more ruled unsound.

A military crackdown took place last November, the morning after a major protest, and sparking off days of violence. Egypt was wary of a repeat this week, with police and military massed near Tahrir Square whilst volunteers manned checkpoints into the square itself.

The military has pardoned and released at least 2,000 prisoners jailed following military trials, prominently including a blogger imprisoned for defaming the army and deemed troublesome for supporting Israel. 26-year-old Maikel Nabil was given a three year sentence in April. He has been on hunger strike alleging abuse at the hands of his captors. He wants normalised relations with Israel. Thousands have now left Tora prison in Cairo.

Monday, April 6, 2009

Leaders and central banks in Russia, China, Malaysia, Indonesia, Thailand, and Kazakhstan have called for an international currency system.

Speaking on April 1 in advance of the G-20 summit in London, Russian president Dmitry Medvedev argued that the international finance system needed a “new construction” including “new currency systems”, saying that such a new system could be the purpose of a revamped IMF and World Bank. The IMF was originally founded in 1946 as the overseer of the Bretton Woods system, which from its founding until the 1970s tied the western world’s currencies to the US Dollar, which was in turn backed by gold. Russia’s proposal was for the new currency to serve as a reserve currency, one which would take the place of the dollar, euro, and other heavily-traded currencies as an international standard of exchange.

Medvedev’s comments are a reversal of Russian position from a lukewarm response following a looser outline for a worldwide currency by Kazakhstani president Nursultan Nazarbayev. On March 11, Nazarbayev suggested the establishment of the “acmetal”, a portmanteau of “acme” and “capital“, as a reserve currency replacing the ruble in international transactions, first for Central Asia and then worldwide. 1999 Economics Nobel laureate Robert Mundell, speaking to the Daily Telegraph, endorsed the idea, saying “It would be a very good idea if the G-20 took that idea up in London”.

2001 Nobel economics prize winner Joseph Stiglitz, meanwhile, said the new currency could come about quickly if it was based on an expansion of the IMF’s already established system of Special Drawing Rights, units of exchange used by the IMF which already have some of the features of currency. Stiglitz argued that, as the US dollar has become the standard global reserve currency, it has inadvertently created a system which hurts the world economy. “It’s a net transfer, in a sense, to the United States of foreign aid,” he argued, reasoning that when other countries purchase US dollars in order to use them on international markets (such as for the buying and selling of petroleum), they effectively give the US a zero-interest loan — sometimes at times when they can least afford it. Stiglitz made his comments as head of a United Nations panel of economists giving recommendations to address the global financial crisis.

In the weeks leading up to the G-20 conference, the People’s Republic of China also began discussing a new system for reserve currencies. In a March 23 speech, Zhou Xiaochuan, governor of the People’s Bank of China, endorsed a new reserve currency, saying “the desirable goal of reforming the international monetary system, therefore, is to create an international reserve currency that is disconnected from individual nations and is able to remain stable in the long run, thus removing the inherent deficiencies caused by using credit-based national currencies.” Zhou went on to endorse the expansion of the SDR system in the long-term creation of a reserve currency government by the IMF. While Zhou did not mention the US dollar specifically, analysis by Qu Hongbin, chief China economist for HSBC, for the Financial Times said that the speech “is a clear sign that China, as the largest holder of US dollar financial assets, is concerned about the potential inflationary risk of the US Federal Reserve printing money”.

China holds $740 billion as assets; inflation in the US economy, which has been low in recent years, would directly cause those assets to lose value.

While the Chinese government has engaged in currency swaps with several other growing economies, such as South Korea, Argentina, Malaysia and Indonesia, the Chinese Yuan cannot be used itself as a reserve currency as it cannot be freely traded on the global market.

The Chinese-Russian proposal was not entered onto the agenda at the G-20 meeting itself. Nonetheless, British Prime Minister Gordon Brown said that the G-20 was open to considering the proposal if and when a detailed one is presented. United States President Barack Obama, meanwhile, endorsed the continuation of dollar supremacy, saying that the US dollar is “extraordinarily strong” and arguing that its strength was the result of the intrinsic stability of the United States economic and political system; US treasury secretary Timothy Geithner had, the week before, made comments that while he supported an expansion in the SDR mechanism he rejected the idea of a global currency. Rather than change the role of SDRs, the G-20 meeting instead added $250 billion in support to the fund backing SDRs.

After the G-20 conference ended on Thursday, Malaysia’s The Star BizWeek reported that the central banks of Indonesia, Malaysia and Thailand had endorsed the Chinese proposal. All three countries have close economic ties with China and suffered heavily from the collapse of their currencies in the 1997 Asian Financial Crisis; the sudden growth in the value of the US dollar relative to those countries’ native currencies sharply increased debt in Southeast Asia’s economies, leading to a wave of bankruptcies.

International reaction from other economies has been mixed and guarded. Luiz Inacio Lula da Silva, President of Brazil, said that the currency proposal was important to discuss but did not give extensive comment. And while UPI reports that India supported the SDR proposal at the G-20 conference, the Indian Press Trust quotes Indian Prime Minister Manmohan Singh as saying last month, “It is too early to talk about common currency.”

Calls for an independent global reserve currency are not new. In 1944, John Maynard Keynes proposed the “bancor“, a unit like the SDR supported by a basket of commodities. Keynes’ idea was rejected and the US dollar took the equivalent role under the Bretton Woods system. Keynes proposed that the bancor system would be reinforced by a tax on participating countries’ current accounts, the difference between their exports and their imports, in order to encourage balanced trade. Meanwhile, monetary unions have become more popular since the end of the gold standard, with most of the European Union now trading the euro, and several countries outside the EU using it as a de facto currency; five West African countries adopting the eco at the end of this year; and the African Union planning to introduce the afro in 2028. Proposals for a North American currency union based around the so-called “amero” have been frequently discussed as the focus of conspiracy theories in the United States, but none of the US, Canada or Mexico have actively pursued the establishment of any such monetary union, however the dollar is the currency of several Latin American countries.

Thursday, July 31, 2008

From the middle of July, Sony Corporation refreshed their senior laptop brand VAIO from “Video Audio Integrated Operation” to “Visual Audio Intelligent Organizer”. According to Sony Taiwan Limited, this refreshment is an attempt to relocate the laptop consuming market for business and entertainment factors.

In the “VAIO Experience 2008” press conference in Europe, Sony promoted their new product series for different populations including BZ for business, FW for home entertainment, Z for ultra-slim, and SR for complex applications.

Different with past series, Sony added “Clear Bright” screening technology for high-definition display, and “full-carbon production” features. BD-burning and Intel Centrino 2 processing technologies will be featured in all the new models. For security issue, Sony also embedded fingerprint system to prevent personal data to be stolen. Continued from TZ series, innovative designs including “Green Power Button”, “Situational Switch” are also added in newly-launched series.

“Due to consuming market differences, Sony only promoted BZ series in Europe and America but not included Asia. Although the TICA Show in Taipei will be different, functionality will be the greatest issue when a consumers choose a notebook [computer] before buying.” addressed by executives from Sony Taiwan Limited, during the “VAIO Experience 2008” press conference in Taiwan.

Sunday, January 27, 2019

In findings published earlier this month in Ecological Applications, scientists from the University of Washington and Center for Ecosystem Sentinels examine the reason for the plummeting numbers of female Magellanic penguins, Spheniscus magellanicus, that have been reported at the birds’ breeding sites in South America over the past twenty years and more. Wikinews caught up with postdoctoral researcher and study co-author Natasha Gownaris to learn more.

In a press release, Gownaris said, “Two decades ago, there were about 1.5 adult male Magellanic penguins for every adult female at Punta Tombo[…] Today, it’s approaching three males for every female.” The findings suggested a disparity in the death rate of juvenile and adult penguins, rather than differences in chick survival, account for this difference.

Punta Tombo is one of the annual breeding sites for the species; it is in Argentina. The penguins travel thousands of miles each year to reach these sites.

The work involved building population models out of over thirty years of data collected by tagging individual penguins. Findings also suggested the pronounced sex disparity might make population models used to predict survival among other birds with a more even gender balance inappropriate for use on Megallanic penguins.

According to the data, since 1987, overall population of Magellanic penguins in Punta Tombo at one of their annual breeding sites in Argentina has declined 40%, while the male-to-female ratio has greatly increased.

Since 1983, the research team has been putting stainless steel bands on tens of thousands of chicks hatched at the Punta Tombo breeding site in Argentina, noting which juvenile and adult birds make it back to the site the next year and extrapolating how many lived and died. Among juveniles, there was a 17% survival rate for males and 12% for females. Among adults, it was 89% and 85%. These effects became compounded every year, reaching as high as six males to one female among older penguins.

The researchers noted implications for penguin conservation: Gownaris remarked, “Over the years, this team has helped preserve the land and waters around breeding colonies like Punta Tombo[…] But now we’re starting to understand that, to help Magellanic penguins, you have to protect waters where they feed in winter, which are thousands of miles north from Punta Tombo.”

Gownaris answered a series of questions for our correspondent.

((Wikinews)) What prompted your curiosity about Magellanic penguins?

Natasha Gownaris: I’ve wanted to be a marine scientist since I was a child, when I would collect sand crabs (Emerita talpoida) from local beaches in New York. I studied fish as a graduate student, but I have a pair of adopted parrots and I am generally fascinated by birds. Plus, penguins eat fish! Studying penguins seemed like a great way to merge my love for the ocean and my love for birds. Penguins and other seabirds are also important to study because they tell us something about the health of the ocean ecosystems they feed in, similar to the use of canaries to test air quality in coal mines. Unfortunately, the decline of many seabird species worldwide is yet another warning sign of the negative and widespread impacts humans are having on the ocean.

((WN)) How did you approach putting together such a large-scale study?

NG: This study started in 1982, long before my joining the lab in March of 2016. Dr. Dee Boersma began this study as a response to a Japanese company’s interest in harvesting penguins for their skin, meat, and oil. Although the project has evolved over time, Dr. Boersma had the foresight to start banding chicks in 1983 and to set up a standard protocol that we follow each year. Since then, over 44,000 chicks have been banded at Punta Tombo. We’ve been able to follow some individuals for 30+ years, collecting detailed information on things like how often they breed and how many mates they’ve had.

((WN)) How much time did you end up spending in Argentina? What was it like at the breeding site?

NG: Members of the Boersma lab and volunteers spend approximately six months each year at Punta Tombo. I was fortunate enough to spend nearly four months at the colony between 2015 and 2017. It’s an incredible, otherworldly place. Magellanic penguins nest in burrows or bushes, and some areas of the colony are so dense with burrows that you feel like you’re on a different planet. The colony has declined by over 40% since the study started…so I can’t even imagine what it was like in the 1980s. My favorite time of the day is around 8PM, when (hopefully fat) penguins are returning to the colony en masse after a foraging trip. They are also most vocal in the morning and evening, making their characteristic braying sound— the related African penguin earned the name “jackass penguin” because they sound a bit like donkeys. The colony is also full of other beautiful and interesting creatures, including a llama-like species called the guanaco and an ostrich-like species called the rhea.

((WN)) Do you have any theories on why more female juveniles die at sea? You mention starvation; what might be the causes of that, and are there other possible explanations you can think of?

NG: We are not yet certain why females are more likely to die, but we think it must be related to their smaller body size. Because the mortality is most uneven in juveniles, higher mortality doesn’t seem to be related to greater costs of breeding for females than for males. Female Magellanic penguins are about 17% lighter than males and have smaller bills. We think that, because of this size difference, females have a lower storage capacity, can’t dive as deep, and can’t take as wide a range of prey as males — all disadvantages when faced with limited and unpredictable food resources. These disadvantages hit juvenile females even harder, as juveniles are still learning how to forage and often travel further than adults do in the non-breeding season. Counts of carcasses in the species’ migration range support starvation as the main cause of female-biased mortality; while oiled carcasses have a sex ratio of 1:1, females outnumber males in carcasses of starved birds. The only other possibility is that females are moving to other colonies at higher rates than are males, but this species is known to almost always return to its natal colony to breed.

((WN)) You suggest conservation efforts should look at protection of feeding grounds. What sort of measures do you think might be beneficial?

NG: Because penguins migrate such long distances over the non-breeding season, a mixture of tools (including no-take marine protected areas and traditional fisheries management tools, like catch limits) is likely to be needed. Although there is currently some spatial protection surrounding the species’ breeding colony, this protection does not extend to their migratory route. And, of course, everyone can contribute to penguin conservation by reducing their plastic waste, making more sustainable food choices, and reducing their carbon footprint.

((WN)) What do you think might be causing pressure on food sources for the penguins?

NG: The two main threats to the food sources of this colony are climate change, which cause shifts in primary productivity and fish stocks, and fisheries. Fisheries compete with penguins for fish species such as hake and anchovy.

((WN)) Have you noticed differences in behavior among the penguins as the ratios become increasingly skewed?

NG: In a separate study currently under review, we have shown that aggression between males of Magellanic penguins is higher when the sex ratio at the colony is more skewed towards males. We also showed that nearly all females at the colony breed but that, over time, fewer and fewer males find mates. Single male penguins sometimes intrude [on] nests of mated pairs and interrupt the incubation of eggs or feeding of chicks, leading to mortality. In some cases, they will even attack and kill chicks.

((WN)) Your release mentioned sexing the penguins was problematic; how did you achieve it with confidence?

NG: We have some methods of sexing penguins that we feel confident about — using genetics or measures of cloaca size around egg laying, for example. However, these methods are time intensive, so we have also developed visual cues for sex penguins (bill size, behavior, forehead shape). We looked at individuals that had been sexed using both a certain method (e.g. genetics) and visual methods to calculate how often we got it right based on visual cues alone and found that we have very high accuracy. We also used statistical tools to help to deal with uncertainty in the sex of some individuals.

((WN)) How well can you extrapolate population trends at Punta Tombo based on the birds you tagged? More broadly, how well do you think this work represents global populations?

NG: It is likely that females have higher mortality than males at other colonies of this species and in other penguin species. We unfortunately do not have enough information from other colonies of this species (e.g. sex ratio and population trends) for an accurate global assessment of population trends. We do know that some colonies of the species are growing but that, at the global level, the species is still in decline.

((WN)) In your opinion, for how much longer are penguin populations sustainable without intervention?

NG: This is nearly impossible to answer without more information on other colonies of the species, but the Punta Tombo colony is declining rapidly. We estimate declines of at least 43% since 1987 from our annual surveys at the colony, but it is likely that actual declines are higher because of the increasingly skewed sex ratio.

((WN)) What are your next plans moving forward with your work?

NG: We are currently studying the sex ratio in Magellanic penguin chicks (at hatching and at fledging) to determine how this influences the sex ratio in adults. There are two priorities moving forward — 1) estimating sex ratio at other colonies of this species and determining whether females are more likely to leave Punta Tombo for other colonies than are males and 2) determining the mechanisms underlying lower female survival, e.g. by studying the foraging behavior and diet of males and females and the individual characteristics (like body size) that correlate with survival.

Sunday, March 13, 2011

The tsunami caused by Japan’s magnitude 8.9 quake on Friday destroyed the commercial fishing harbor of Crescent City, California, a coastal town still recovering from a devastating tsunami in 1964. Although most of the fishing boats were removed in advance, the 198 docking slips that the harbor had provided for boats, enabling the livelihoods of the fishing crews, were lost.

Harbormaster Richard Young said that the harbor is destroyed. “We’re facing not only physical but financial disaster,” he said during a briefing. “Our business activity came to a screeching halt yesterday, and that affects the entire community.” Councilwoman Kelly Schellong said, “This is going to have a trickle-down effect beyond the lost jobs.”

Crescent City’s unemployment rate was 13 percent before Friday’s tsunami destroyed its commerical fishing industry.

The 1964 tsunami that hit Crescent City killed 11, demolished the harbor and heavily damaged large portions of the business district. Although the city subsequently rebuilt, another tsunami again damaged the harbor in 2006. The city was in the midst of reconstructing the harbor when Friday’s tsunami hit. The harbor is surrounded by land and a breakwater built after the 1964 disaster. The tsunami’s huge waves entered through a small opening provided for the entrance and exit of boats.

Lori Dengler, director of the Humboldt Earthquake Education Center, says Friday’s tsunami was one of as many as 38 tsunamis to strike Crescent City within the last 78 years. She calls the city a “tsunami magnet” because of the topography of the ocean floor that contributes to its vulnerability. She also blames the breakwater built after the 1964 tsunami because it traps tsunami waves in the harbor, causing them to boil and churn.

A county supervisor found the view painful on Saturday as she surveyed the wreckage accompanied by state officials. She is hoping they will provide emergency assistance. “We don’t have the financial resources,” she said. “We need money. That’s what it takes to fix things…. Our poor little harbor.”

Friday, February 8, 2008

The United States House of Representatives has passed the bipartisan US$152 billion economic stimulus package that gives one-time rebates to United States citizens, US$600 for individuals or US$1,200 for couples plus US$300 for each child. US$300 checks would be sent to people on low-income including retirees on Social Security which was not included in the original bill backed by President George W. Bush. The plan would begin to decrease rebates for citizens with taxable incomes of US$75,000 for individuals and US$150,000 for couples. The checks would go out to more than a 130 million Americans according to Treasury secretary Henry Paulson.

The House overwhelmingly approved the more broad Senate amended bill which included the low-income portion mentioned above along with provisions that would keep illegal aliens from receiving a rebate check. Despite some opposition from some Congressmen, such as John B. T. Campbell III of California’s 48th congressional district, the plan passed overwhelmingly 380–34.

Campbell called the plan “wealth redistribution” and noted it did not have safeguards to prevent illegals from receiving these rebates and also claimed that stimulus plan would increase the deficit more and noted the cause of the looming recession was because of “credit problems.”

The United States Senate voted hours earlier on the bill which passed in the Senate, 81–16. after having to shed some incentives included by Senate Democrats which caused the bill to fail. Some of the incentives that were left out of the plan in a compromise to gain Republican support were demands for benefits for long-term unemployed workers and stipulation that would allow low-income citizens to pay off heating bills and let home builders pay off losses off the current year against previous tax years.

President Bush approved of the package, noting in a statement, “This plan is robust, broad-based, timely, and it will be effective, this bill will help to stimulate consumer spending and accelerate needed business investment.”

Thursday, July 3, 2014

Ian Narev, the CEO of the Commonwealth Bank of Australia, this morning “unreservedly” apologised to clients who lost money in a scandal involving the bank’s financial planning services arm.

Last week, a Senate enquiry found financial advisers from the Commonwealth Bank had made high-risk investments of clients’ money without the clients’ permission, resulting in hundreds of millions of dollars lost. The Senate enquiry called for a Royal Commission into the bank, and the Australian Securities and Investments Commission (ASIC).

Mr Narev stated the bank’s performance in providing financial advice was “unacceptable”, and the bank was launching a scheme to compensate clients who lost money due to the planners’ actions.

In a statement Mr Narev said, “Poor advice provided by some of our advisers between 2003 and 2012 caused financial loss and distress and I am truly sorry for that. […] There have been changes in management, structure and culture. We have also invested in new systems, implemented new processes, enhanced adviser supervision and improved training.”

An investigation by Fairfax Media instigated the Senate inquiry into the Commonwealth Bank’s financial planning division and ASIC.

Whistleblower Jeff Morris, who reported the misconduct of the bank to ASIC six years ago, said in an article for The Sydney Morning Herald that neither the bank nor ASIC should be in control of the compensation program.

Sunday, December 12, 2010

In diplomatic cables released by the whistle blowing website Wikileaks on Friday, it is revealed that the United States embassy in Rangoon suspects the North Korean and Burmese military are participating in “covert military or military-industrial” activities. In the cables dating back as early as January 2004, the embassy reports the military activities could include the construction of a nuclear reactor in or near Minbu, along with “SAM missiles” and an underground facility with as many as 300 North Korean military personnel assisting the Burmese military in the construction. Burma is primarily controlled by its military.

In the January 2004 cable, a businessman reportedly told the U.S. embassy in Rangoon that “massive” barges were bringing in large pieces of equipment to Minbu from the Irawaddy River. He suggested that “the quantities involved as well as the diameter of the rebar suggested a project larger than ‘factories.'” In the same cable, the U.S. acknowledges that rumors of a nuclear reactor being constructed in the area date back to 2002, with suspected Russian involvement. “Rumors of ongoing construction of a nuclear reactor are surprisingly consistent and observations of activity such as that described [sic] appear to be increasing,” said Martinez, the reported cable author. According to a news report in March, The Irrawaddy claims Burma was close to completing at least three nuclear reactors. The country’s leadership claims the nuclear research that is taking place is to be used for peaceful purposes.

In August of the same year, the U.S embassy receives more information that North Korea military is assisting in the construction of “SAM missiles (surface to air missiles) of unknown origin” and an “underground, concrete reinforced” facility in Minbu. The construction allegedly includes buildings which would house at least “20 Burmese army battalions that will be posted near the site.” The correspondent again says that the report “tracks with other information Embassy Rangoon and others have reported in various channels.”

“This account is perhaps best considered alongside other information of various origins indicating the Burmese and North Koreans are up to something. Something of a covert military or military-industrial nature. Exactly what, and on what scale, remains to be determined,” said McMullen, the reported cable author. He also admits that the number of North Koreans thought to be assisting the Burmese military “is much higher than our best estimates of North Koreans in Burma.” According to the Agence France-Presse in 2002, citing an unnamed U.S State Department official, the U.S. warned Burma not to pursue a nuclear program saying that it expects Burma “to live up to its obligations [under the non-proliferation treaty] and to not pursue production of weapons grade fissile material.” However a 2008 cable says that Burma may already be in possession of weapons grade uranium. The cable reports that a civilian tried to sell 2,000 kilograms of uranium-238 which “could be dug up” from the ground at a site in Kayah State. Uranium-238 could be used in the construction of nuclear weapons.

“A Burmese civilian met with members of USDAO [United States Defense Attaché Office] Rangoon and offered to sell Uranium-238. The individual had initially contacted the USDAO eight days prior with the offer. The individual provided a small bottle half-filled with metallic powder and a photocopied certificate of testing from a Chinese university dated 1992 as verification of the radioactive nature of the powder,” said the cable. “The individual claimed to be able to provide up to 2000 kg of uranium-bearing rock from a location in Kayah State, and further stated if the U.S. was not interested in purchasing the uranium, he and his associates would try to sell it to other countries, beginning with Thailand,” it added. The cable adds that the Burmese government was unaware that such a transaction was taking place and that they “would likely seize any additional samples or stocks of the material if aware of their existence.” However, a cable in January of 2007 says that the Burmese military may have received a shipment of uranium at the end of that month. The “sensitive shipment” was said to have come from Singapore via shipping freighter.

“[An unnamed witness] claimed that metals are usually exported in blocks, whereas the bags in this shipment were filled with loose earth and mud. The source of the mixed ore, Maw Chi, is also a source for uranium, they claimed. Security was tighter than usual, surveillance was heavier, and officials paid closer attention to the movement of the shipment and activity at the port,” said the cable. The cable author, ‘Villarosa,’ later states that the embassy in Rangoon was given allegedly detailed information on the shipping methods, weight and cost. No further cables have yet to be released on the matter.