Author: Admin

Thursday, May 7, 2009

United States automobile company General Motors announced it has lost US$6 billion in the first quarter of 2009, amidst heavy declines in revenues. Not including special items, the firm said it had lost a net $5.9 billion dollars, or $9.66 per share.

In the first quarter of last year, GM had reported a loss of $381 million, or $0.67 per share. Most financial analysts had forecast the automaker’s losses to be over $6.7 billion, or $11.05 per share. GM had also reported that it had spent $10.2 billion in an effort to prevent bankruptcy. The manufacturer has received over $15 billion in bailout money from the federal government.

The company has a deadline set at June 1 to draw up a restructuring plan. If it doesn’t do so by then, it will be obliged to file for bankruptcy protection.

“We’re focusing very much on the cost side of the business but once you start losing revenues you get into a vicious circle from which you can’t recover,” said Ray Young, the chief financial officer for GM.

“We continue to see a 60-80 percent chance of a GM bankruptcy. While the GM equity today is largely uninvestable, we increasingly believe GM may emerge substantially stronger from a bankruptcy – provided the Chapter 11 process is not overly drawn out – particularly given the scope of targeted dealer cuts,” analyst Himanshu Patel said.

Thursday, July 30, 2009

Eleven of the 25 workers at the Vestas factory in Newport, Isle of Wight, England who have been carrying out a sit-in since Monday July 20 have been sacked with immediate effect.

According to one of the protesters known as “Mike”, the occupiers were given their dismissal notices concealed under slices of their evening meal of pizza. The company said that the protesters have had ample opportunity to air their point of view, and had no choice but to sack eleven of the twenty five workers that they had positively identified; and that given that the fact that the action constituted a “fundamental breach” of trust, that the eleven would not be entitled to redundancy packages. A press release from the company said that Vestas “saw no other choice than to dismiss the 11 employees, who the company has positively identified as the employees currently participating in the occupation of the factory.”

The protesters remained upbeat, vowing to continue their occupation and have called upon the UK government to save the 625 jobs and to nationalise the Danish owned factory. Occupier Ian Terry told the BBC that if the occupiers are forced out, they plan to leave the building “peacefully”.

Vestas management were dealt a setback today in ending the occupation as Newport County Court ruled that the papers accusing the occupiers of aggravate trespass and requiring they surrender the office they occupy by July 29 were improperly served. The case has been adjourned until Tuesday August 4. In court, Judge Graham White said he was “distinctly uncomfortable” with what he perceived as Vestas’ effort to “get around the rules” in retaking the factory from the occupiers.

Legal representation for the Vestas workers had been offered by Bob Crow, secretary of the RMT trade union. Crow has pledged the “full solidarity” of the RMT and seven other unions with the workers occupying the plant.

Vestas management has also been providing the occupiers with hot meals in an apparent response to Crow’s announcement, made on July 24, that the RMT was planning on airlifting food into the factory by helicopter. Crow is meeting today with Ed Miliband, the Environment Minister.

Earlier in the week, Miliband pledged £6 million in funding to an expansion of Vestas’ Isle of Wight research and development centre, which currently employs 110 workers and could, said the Minister, be expanded to employ 40 more.

Rallies continued throughout the week in support of the Vestas occupiers. Since the occupation began, the Vestas workers have received declarations of support and solidarity from a wide swathe of the British left, including but not limited to: political parties Green Party, Respect, the Socialist Party, the Socialist Workers Party, the Alliance for Workers Liberty, and the Communist Party of Britain; the TUCG group, which brings together the BFAWU, FBU, NAPO, NUJ, PCS, POA, RMT, and URTU; and environmental groups Greenpeace, the Campaign against Climate Change, Climate Camp, and Workers’ Climate Action, who claims credit for initiating the campaign to occupy the factory. Attendees of the Big Green Gathering, a large annual environmentalist rally which was due to take place starting today but was suddenly canceled on Sunday, are being encouraged to go to the Isle of Wight and take part in support rallies for Vestas instead.

Speaking to Wikinews about the “red–green” coalition supporting the occupation, a spokesman for the Alliance for Workers’ Liberty said: “We think this struggle is important on at least three grounds — it is central to the struggle for jobs, it is central to the struggle for the environment, and it is central to the struggle for rebuilding the labour movement.”

Photographs shared with Wikinews by the occupiers show the occupiers, mostly young men, talking, carrying out everyday tasks, and keeping in touch with the outside world via mobile phones. The use of mobile telephones in the Vestas occupation has given the press remarkable access to the occupiers and provided an effective platform for relaying their demands and feelings to the media. In contrast, Vestas’s designated media contact for the United Kingdom is on vacation. Attempts to reach Vestas Newport factory manager Patrick Weir, whom a Vestas representative at the company’s Danish headquarters stated was handling press inquiries regarding the occupation, received no reply.

Vestas plans to close the factory on July 31, citing the difficulties of obtaining planning permission for wind farms in the United Kingdom. All blades manufactured at Vestas’ Newport plant are sent to the United States. 1900 employees of the company in Northern Europe face job losses, 625 of them in Vestas’s plants in the south of England.

December 22, 2004

The controversial European Union Directive on the Patentability of Computer Implemented Inventions, also called the “software patent directive” has been put to rest for 2004. The directive was expected to easily pass through the European Council’s Fisheries Council on Tuesday, December 21, but was removed from the agenda at the request of Poland’s Minister of Science and Computerisation, Wlodzimierz Marcinski.

The directive’s opponents, some of whom had conceded defeat on Tuesday before the vote was taken, will continue the debate informally until meetings resume in 2005.

Software developers, who supported the European Parliament‘s proposal last year to definitively rule out software patents, welcomed the delay as a chance to reintroduce those provisions into the current draft.

Florian Mueller, campaign manager of NoSoftwarePatents.com, which is supported by three IT companies (1&1, Red Hat, and MySQL AB), applauded Poland’s move.

“The Polish government deserves greatest admiration for its courage!” said Mueller in a press release. “Now Europe has the opportunity to have a constructive debate on the severe shortcomings of the current Council text, under the new Luxembourgish EU presidency next year.”

Germany’s representative also backed the delay, saying it would allow everyone to align the current proposal to changes proposed by the European Parliament last year.

“We were well aware that [the current proposal] has room for improvement with an eye to the objective of arriving at a consensus position between the EU Council and the European Parliament,” Germany’s Federal Minister of Justice Brigitte Zypries said in a Tuesday statement. “We will continue to work constructively toward finding a solution that even better meets the needs of those concerned than the decision taken in May of this year.”

On May 18, 2004 EU Council reached a political agreement on a “Common Position” on the directive which ignored the European Parliament’s vote from last year. The Council vote generated a lot of controversy. Later, the Dutch parliament failed to convince its EU representatives to reverse their vote.

According to the new voting weights which took effect on November 1, the majority needed to formally adopt the Common Position (after translations were done) is questionable. The 20 countries that supported the Directive on May 18 fall short of the new qualified majority by 16 votes.

Sunday, September 6, 2009

Two jockeys have been killed in a fire in a block of flats on Saturday.

At 0200 BST on Saturday a fire broke out in a three-storey block of apartments in Buckrose Court near Malton, North Yorkshire, England. The two jockeys have been identified as Jamie Kyne, who was only 18, and Jan Wilson, who was just 19. Both were described as promising young jockeys.

Two other men had also been taken to a hospital in York due to the effects of minor burns and smoke inhalation. One of the men has now been released from the hospital and the other man’s injuries are not thought to be life-threatening.

A police investigation is currently taking place in the area and a man in his 30s living in the area has since been arrested on suspicion of arson with intent. North Yorkshire Police are going to interview the man and try and establish whether he was involved or not.

Kyne was due to ride at Haydock on Saturday afternoon, while Wilson was due to ride at Thirsk on the same day, while riding her mother’s horse, Imperial Sword — and so both were staying in the apartment as a means of accommodation, as Jamie came from Ireland and Jan was from Forfar, Scotland. “The family are devastated and Jamie was a star,” Kyne’s aunt said. “They [his parents] are so proud of him. At the moment they are just devastated and shocked.”

David Barron, Wilson’s trainer, paid tribute to her as “a tremendous jockey”. He said: “She was just at the start of her career and was only in her first year of riding as an apprentice. She joined me at the end of last year and had ridden three winners for me out of only a handful of rides. She was very good, very capable and had tremendous potential. Everyone in the yard is just devastated.”

Wednesday, July 25, 2007

Liverpool FC revealed the plans for its new Stanley Park Stadium today. The stadium is to be built over the next three years in Stanley Park, to replace Liverpool’s long time home at Anfield. The plans as submitted would provide for a capacity of 60,000, with a possible increase towards 80,000.

The design by HKS is situated approximately 8 meters below the surface to lessen its impact. The cost of construction is said to be £300 million.

Monday, August 9, 2010

German authorities have closed a mosque in Hamburg that 9/11 plotters used for meetings, because authorities fear that it is being used again by Islamic extremists. The Taiba mosque, formerly known as the al-Quds mosque, was raided, closed and the association that runs it was also banned. Police officers confiscated computers and other material.

“We have closed the mosque because it was a recruiting and meeting point for Islamic radicals who wanted to participate in so-called jihad or holy war,” Frank Reschreiter, a spokesman for Hamburg’s state interior ministry, said. The spokesman also said that this was the first time the mosque had been shuttered and that for “quite a long time” it had been closely examined and watched by intelligence officers.

A May report by the Interior Ministry also said that the mosque “remains the central attraction for the Jihadist scene”, and a 2009 Hamburg intellegence report stated that many people involved with the Taiba mosque had been getting training by radical Islamic groups, including a group of 11 people who traveled to military training camps at Uzbekistan in March of last year. Their militant group had been formed at the mosque, and the report stated that “a very important factor for the radicalization of the group members was certainly their joint visits to the mosque.”

Sunday, November 4, 2007

Australian federal member of Calare, Peter Andren died on Saturday after a short battle with pancreatic cancer. He was aged 61.

Mr Andren who had held the seat since being elected in 1996 had previously announced his intention to run for the senate after his electorate was changed for the 2007 federal election. After Mr Andren was diagnosed with cancer in July, he announced that he would be retiring from politics at the election.

Mr Andren’s 1996 campaign platform was based upon retaining services in regional Australia, particularly banking, health and telecommunications. Over the next 11 years, Mr Andren’s primary vote grew and at the 2001 and 2004 elections was elected without preferences, achieving a majority primary vote.

In 2001, Mr Andren disagreed with his electorate on refugees. The electorate supported the government’s tough stance but Mr Andren could not support the government’s border protection measures. Following this, a vicious letter-box campaign rose up saying “you might like Peter Andren … but you won’t like what he’s got to say about keeping our borders safe”.

Fellow NSW independent member, Tony Windsor said Mr Andren’s stance on asylum seekers was just one sign of his compassion and strong belief in human rights.

Mr Windsor described Mr Andren as the “conscience” of parliament. “Peter Andren was a true representative of the people of the Calare electorate, a man of the highest integrity and the conscience of the Parliament,” he said.

“He was subjected to vitriol from time to time within the Parliament over issues, but if he believed in something he stuck to it. He didn’t compromise and I think that’s a lasting legacy that Peter will leave.”

Prime Minister John Howard said despite having a difference of opinion with Mr Andren on many issues, he had a lot of respect for him.

“I respected his skills as a local member,” he said.

“Mr Andren and I frequently disagreed on major issues and he made no bones about that and I made no bones about it either but that didn’t stop me respecting him and acknowledging the tremendous work he did for his electorate.”

Labor leader Kevin Rudd described Mr Andren as a true independent.

“Peter Andren will be a great loss to the Australian parliament,” he said.

“He was a man of principle, a man of commitment, a man who was an absolute independent.”

Leader of the Greens, Bob Brown said Mr Andren was an example of how a politician should be.

“He was an exemplar of representative politics for his electorate and the people of Calare kept returning him with a bigger and bigger majority,” he said.

“[If] anybody ever asks me how a politician should be, I am going to say, ‘Look at the record of Peter Andren'”

“He was a great Australian representative and he is a great loss to this country.”

During his political career, Mr Andren fought the sale of Telstra, introduced a bill to allow MPs to opt-out of their generous superannuation schemes, opposed the Iraq war and campaigned on environmental issues.

Mr Andren was born at Gulargambone, near Dubbo in Western NSW in 1946. Before he entered politics Mr Andren worked as a teacher before moving into journalism. Mr Andren worked as a news producer in Sydney for the Seven and Nine networks, before moving back to regional NSW where he worked as the news editor for both Radio 2GZ and Prime Television.

Mr Andren is survived by his partner and two sons.

Wednesday, November 17, 2004

ENGLAND — UK Health Secretary John Reid has proposed widespread legislative and health care changes in a new white paper on public health released Tuesday. Titled “Choosing Health”, the paper details government plans to restrict smoking in public places, limit ‘junk food‘ advertisements to children, make available “lifestyle trainers”, campaign against sexually transmitted diseases and tobacco, and improve food labelling.

The white paper comes after extensive public comment that involved 150,000 people.

Smoking would be restricted in enclosed public spaces, restaurants, workplaces, and some pubs. The ban would be enacted gradually, affecting government and NHS buildings in 2006, enclosed public places in 2007, and private property in 2008. Permanent exemption would be granted to pubs that do not serve prepared food — though not at the bar — as well as private clubs, a decision that has provoked some to call the measure incomplete. Up to 90% of pubs are expected to be affected. The Scottish executive proposed a complete ban on smoking in enclosed public places last week, and Ireland has already banned smoking in pubs and restaurants.

Food advertisements targeted to children would be banned until 9pm, under the White Paper’s proposals. The restriction is a measure to tackle rising rates of childhood obesity. The government also intends to develop voluntary standards on food and drink advertisements to children with industry, only threatening legislation if an acceptable standard is not reached by 2007. Additionally, low income families would receive vouchers for fresh fruit, vegetables, milk, and infant formula. School lunches would also be held to stricter nutritional standards. Reid has warned that unless childhood obesity is tackled, “we face the prospect of children having shorter life expectancy than their parents”.

Food labelling would also be improved, with a “traffic light” system implemented. Packaged food would be evaluated based on its fat, sugar, and salt content.

The paper is unusual for suggesting a more holistic approach to health care, offering for the first time “lifestyle trainers.” The National Health Service would be funding with an additional £1bn to make people’s overall lives healthier, which is expected to save £30bn in preventable illness.

The paper additionally makes mention of reducing accidents, which affected 2.7m people last year and is a leading cause of child death, curb binge drinking, and reduce substance abuse among youths.

The paper has been criticized by many parties. The Tory Shadow Health Secretary has criticized the Labour government’s comprehensiveness and creation of a “new nanny state approach”. He has additionally described it as “gimmicks”. The Liberal Democrats have accused the government of not being comprehensive enough. It has also been criticized by the British Medical Association as being implemented too slowly, saying “When lives need saving, doctors act immediately”.

Mr. Reid has argued against the nanny state label, saying “In a free society, men and women ultimately have the right within the law to choose their own lifestyle, even when it may damage their own health. But people do not have the right to damage the health of others, or to impose an intolerable degree of inconvenience or nuisance on others … This is a sensible solution which balances the protection of the majority with the personal freedom of the minority in England”.

The full white paper “Choosing Health” can be read here.