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Sunday, September 6, 2009

24-year-old Aman Kassaye, of no fixed abode, is to face a charge of attempted murder for his alleged role in an armed robbery that netted £40 million ($65 million) worth of jewelry from a London store.

Kassaye is the seventh man to be charged, and is also facing prosecution for conspiracy to rob the Graff store in New Bond Street, false imprisonment, and using a handgun to resist arrest. He will appear at Wimbledon magistrates court on Monday.

The other six men have already been remanded in custody until October 23, when they will appear at Kingston Crown Court. All are facing charges of conspiracy to rob, and two of them are also charged with a firearms offense.

43 diamond rings, watches, and bracelets were taken from the store. The theft occurred when two armed and suited men walked in and took an employee hostage. It has been reported they used prosthetic masks made from liquid latex but police have not confirmed this. Amateur footage also shows a shot was fired. No-one was injured.

The robbery is one of the biggest the United Kingdom has seen. After the crime a string of getaway vehicles was used, with police believing several more offenders assisted with this stage of the plan. Although The Telegraph claims no stolen property has yet been recovered, this is also unconfirmed by police.

Wednesday, January 9, 2019

Planetary scientist Vlada Stamenkovi? of the NASA Jet Propulsion Laboratory and colleagues have developed a new chemical model of how oxygen dissolves in Martian conditions, which raises the possibility of oxygen-rich brines; enough, the work suggests, to support simple animals such as sponges. The model was published in Nature on October 22. Wikinews caught up with him in an email interview to find out more about his team’s research and their plans for the future.

The atmosphere of Mars is far too thin for humans to breathe or for lungs like ours to extract any oxygen at all. It has on average only around 0.6% of the pressure of Earth’s atmosphere, and this is mainly carbon dioxide; only 0.145% of the thin Martian atmosphere is oxygen. The new model indicated these minute traces of oxygen should be able to enter salty seeps of water on or near the planet’s surface at levels high enough to support life forms comparable to Earth’s microbes, possibly even simple sponges. Some life forms can survive without oxygen, but oxygen permits more energy-intensive metabolism. Almost all complex multicellular life on Earth depends on oxygen.

“We were absolutely flabbergasted […] I went back to recalculate everything like five different times to make sure it’s a real thing,” Stamenkovi? told National Geographic.

“Our work is calling for a complete revision for how we think about the potential for life on Mars, and the work oxygen can do,” he told Scientific American, “implying that if life ever existed on Mars it might have been breathing oxygen”.

Stamenkovi? et al cite research from 2014 showing some simple sponges can survive with only 0.002 moles of oxygen per cubic meter (0.064 mg per liter). Some microbes that need oxygen can survive with as little as a millionth of a mole per cubic meter (0.000032 mg per liter). In their model, they found there can be enough oxygen for microbes throughout Mars, and enough for simple sponges in oases near the poles.

In 2014, also suggesting multicellular life could exist on Mars, de Vera et al, using the facilities at the German Aerospace Center (DLR), studied some lichens, including Pleopsidium chlorophanum, which can grow high up in Antarctic mountain ranges. They showed those lichens can also survive and even grow in Mars simulation chambers. The lichens can do this because their algal component is able to produce the oxygen needed by the fungal component. Stamenkovi? et al’s research provides a way for oxygen to get into the Martian brines without algae or photosynthesis.

Stamenkovi? et al found oxygen levels throughout Mars would be high enough for the least demanding aerobic (oxygen-using) microbes, for all the brines they considered, and all the methods of calculation. They published a detailed map^[3] of the distributions of solubility for calcium perchlorates for their more optimistic calculations, which they reckoned were closer to the true case, with and without supercooling. The lowest concentrations were shown in the tropical southern uplands. Brine in regions poleward of about 67.5° to the north and about 72.5° to the south could have oxygen concentrations high enough for simple sponges. Closer to the poles, concentrations could go higher, approaching levels typical of sea water on Earth, 0.2 moles per cubic meter (6.4 mg per liter), for calcium perchlorates. On Earth, worms and clams that live in the muddy sea beds require 1 mg per liter, bottom feeders such as crabs and oysters 3 mg per liter, and spawning migratory fish 6 mg per liter, all within 0.2 moles per cubic meter, 6.4 mg per liter.

((Wikinews)) Does your paper’s value of up to 0.2 moles of oxygen per cubic meter, the same as Earth’s sea water, mean that there could potentially be life on Mars as active as our sea worms or even fish?

Stamenkovi?: Mars is such a different place than the Earth and we still need to do so much more work before we can even start to speculate.

Stamenkovi? et al studied magnesium and calcium perchlorates, common on Mars. They found the highest oxygen concentrations occur when the water is colder, which happens most in polar regions.

((WN)) The temperatures for the highest levels of oxygen are really low, -133 °C, so, is the idea that this oxygen would be retained when the brines warm up to more habitable temperatures during the day or seasonally? Or would the oxygen be lost as it warms up? Or — is the idea that it has to be some exotic biochemistry that works only at ultra low temperatures like Dirk Schulze-Makuch’s life based on hydrogen peroxide and perchlorates internal to the cells as antifreeze?

Stamenkovi?: The options are both: first, cool oxygen-rich environments do not need to be habitats. They could be reservoirs packed with a necessary nutrient that can be accessed from a deeper and warmer region. Second, the major reason for limiting life at low temperature is ice nucleation, which would not occur in the type of brines that we study.

Stamenkovi? et al’s paper is theoretical and is based on a simplified general circulation model of the Mars atmosphere — it ignores distinctions of seasons and the day / night cycle. Stamenkovi?’s team combined it with a chemical model of how oxygen would dissolve in the brines and used this to predict oxygen levels in such brines at various locations on Mars.

When asked about plans for a future model that might include seasonal timescales, Stamenkovi? told Wikinews, “Yes, we are now exploring the kinetics part and want to see what happens on shorter timescales.”

Stamenkovi? et al’s model also takes account of the tilt of the Mars axis, which varies much more than Earth’s does.

Wikinews asked Stamenkovi? if he had any ideas about whether and how sponges could survive through times when the tilt was higher and less oxygen would be available:

((WN)) I notice from your figure^[4] that there is enough oxygen for sponges only at tilts of about 45 degrees or less. Do you have any thoughts about how sponges could survive periods of time in the distant past when the Mars axial tilt exceeds 45 degrees, for instance, might there be subsurface oxygen-rich oases in caves that recolonize the surface? Also what is the exact figure for the tilt at which oxygen levels sufficient for sponges become possible? (It looks like about 45 degrees from the figure but the paper doesn’t seem to give a figure for this.)

Stamenkovi?: 45 deg is approx. the correct degree. We were also tempted to speculate about this temporal driver but realized that we still know so little about the potential for life on Mars/principles of life that anything related to this question would be pure speculation, unfortunately.

((WN)) How quickly would the oxygen get into the brines — did you investigate the timescale?

Stamenkovi?: No, we did not yet study the dynamics. We first needed to show that the potential is there. We are now studying the timescales and processes.

((WN)) Could the brines that Nilton Renno and his teams simulated, forming on salt/ice interfaces within minutes in Mars simulation conditions, get oxygenated in the process of formation? If not, how long would it take for them to get oxygenated to levels sufficient for aerobic microbes? For instance could the Phoenix leg droplets have taken up enough oxygen for aerobic respiration by microbes?

Stamenkovi?: Just like the answer above. Dynamics is still to be explored. (But this is a really good question ?).

Wikinews also asked Stamenkovi? how their research is linked to the recent discovery of possible large subglacial lake below the Martian South Pole found through radar mapping.

((WN)) Some news stories coupled your research with the subglacial lakes announcement earlier this year. Could the oxygen get through ice into layers of brines such as the possible subglacial lakes at a depth of 1.5 km?

Stamenkovi?: There are other ways to create oxygen. Radiolysis of water molecules into hydrogen and oxygen can liberate oxygen in the deep and that O₂ could be dissolved in deep groundwater. The radiolytic power for this would come from radionuclides naturally contained in rocks, something we observe in diverse regions on Earth.

((WN)) And I’d also like to know about your experiment you want to send to Mars to help with the search for these oxygenated brines.

Stamenkovi?: We are now developing at “NASA/JPL-California Institute of Technology” a small tool, called TH2OR (Transmissive H2O Reconnaissance) that might one day fly with a yet-to-be-determined mission. It will use low frequency sounding techniques, capable of detecting groundwater at depths down to ideally a few km under the Martian surface, thanks to the high electric conductivity of only slightly salty water and Faraday’s law of induction. Most likely, such a small and affordable instrument could be placed stationary on the planet’s surface or be carried passively or actively on mobile surface assets; TH2OR might be also used in combination with existing orbiting assets to increase its sounding depth. Next to determining the depth of groundwater, we should also be able to estimate its salinity and indirectly its potential chemistry, which is critical information for astrobiology and ISRU (in situ resource utilization).

((WN)) Does your TH2OR use TDEM like the Mars 94 mission — and will it use natural ULF sources such as solar wind, diurnal variations in ionosphere heating and lightning?

Stamenkovi?: The physical principle it uses is the same and this has been used for groundwater detection on the Earth for many decades; it’s Faraday’s law of induction in media that are electrically conducting (as slightly saline water is).

Stamenkovi?: However, we will focus on creating our own signal as we do not know whether the EM fields needed for such measurements exist on Mars. However, we will also account for the possibility of already existing fields.

Tuesday, April 14, 2009

The Red River at Winnipeg is almost clear of ice blocks and ice jamming, however there are still dangers from the Red River flood.

Ice blocks which were as high as two storey buildings were ripping out trees, fences and railway ties. “You’ll see huge pans of ice standing vertical, up to 20 feet (6.1 m) high,” said Steve Topping, an official with the provincial Water Stewardship Department. “Ice was shoved up on the shore and took out trees with a very devastating effect. It has changed people’s view of the river.”

“It is incredible, the force. One piece of ice pushed out of the river about 20 feet. You watch the force push this up right in front of your eyes,” said Dean North, of the Selkirk Golf and Country Club.

Royal Canadian Mounted Police are ticketing sight seers who are driving through road closure signs and approaching excavators, cranes and crews breaking up the ice. Vehicles, people, boats, and kayaks are getting in the way.

An eight year old boy is in critical condition after slipping on a culvert Thursday. He was pulled underwater by the speed of the flowing water and remained under for about five to ten minutes until adults could rescue him. The air ambulance supplied by Alberta’s STARS (Shock Trauma Air Rescue Society) remains in the city of Winnipeg, Manitoba.

“This is not a spectator sport. It’s not about getting the best pictures for the family albums. I know floods are seen as a bit of an event, but some of the instances I’m hearing about, people should give their head a shake, they really should,” said Steve Ashton Manitoba Emergency Measures Minister, “Those who fall into the river or get into trouble in another way would be not only endangering themselves but the emergency response crews trying to rescue them. I don’t want to see a situation … where we’re trying our darndest to prevent flooding and save lives and somebody [who] decides to go have a white-water experience ends up killing themselves.”

Early Easter Sunday morning floodwater reached the rural municipalities of St. Andrews and St. Clements north of Winnipeg. Residents were sent an evacuation advisory Good Friday, however some residents remained. Rescue efforts commenced Saturday night to find those stranded and unable to leave as their vehicles cannot travel in the swollen overland floodwaters. Some people were rescued from roof tops as entire houses were swept off of their foundations by the large ice blocks hurtling down the river.

Highways in the area remain closed. Neil Gobelle, of Manitoba Infrastructure and Transportation said to “definitely continue to watch the Red River Valley and north of the city up in the Selkirk area. Things are changing quite a bit, quite quickly, so we’ll keep an eye on those areas.”

As of Easter Sunday, Winnipeg is expected to be ice free on the Red River. The River rose 4 feet (1.2 m) in the course of 24 hours. Rain is in the forecast and the higher temperatures of 17 °C (62.6 °F) will cause melting of snow and ice.

A weather system caused by La Niña is being watched by the United States National Weather Service and its potential effects between April 16-18 for residents along the Red River Valley. “We want people to be aware there is a very real possibility of the river going higher than what is out there,” said Mark Ewens, data manager at the NWS, “To have spring floods like this back-to-back is just an unfortunate series of events that have come along to plague us this spring. We’re wanting people to understand that this is a potentially serious problem.”

Monday, December 2, 2013

Police in the West Midlands in England today said nearly 200 kilograms worth of drugs with value possibly as great as £30 million (about US$49 million or €36 million) has been seized from a unit in the town of Brownhills. In what an officer described as “one of the largest [seizures] in the force’s 39 year history”, West Midlands Police reported recovering six big cellophane-wrapped cardboard boxes containing cannabis, cocaine, and MDMA (“ecstasy”) in a police raid operation on the Maybrook Industrial Estate in the town on Wednesday.

The seized boxes, which had been loaded onto five freight pallets, contained 120 one-kilogram bags of cannabis, 50 one-kilogram bags of MDMA, and five one-kilogram bricks of cocaine. In a press release, West Midlands Police described what happened after officers found the drugs as they were being unloaded in the operation. “When officers opened the boxes they discovered a deep layer of protective foam chips beneath which the drugs were carefully layered”, the force said. “All the drugs were wrapped in thick plastic bags taped closed with the cannabis vacuum packed to prevent its distinctive pungent aroma from drawing unwanted attention.” Police moved the drugs via forklift truck to a flatbed lorry to remove them.

Detective Sergeant Carl Russell of West Midlands Police’s Force CID said the seizure was the largest he had ever made in the 24 years he has been in West Midlands Police and one of the biggest seizures the force has made since its formation in 1974. “The impact this seizure will have on drug dealing in the region and the UK as a whole cannot be underestimated”, he said. “The drugs had almost certainly been packed to order ready for shipping within Britain but possibly even further afield. Our operation will have a national effect and we are working closely with a range of law enforcement agencies to identify those involved in this crime at whatever level.”

Expert testing on the drugs is ongoing. Estimates described as “conservative” suggest the value of the drugs amounts to £10 million (about US$16.4 million or €12 million), although they could be worth as much as £30 million, subject to purity tests, police said.

Police arrested three men at the unit on suspicion of supplying a controlled drug. The men, a 50-year-old from Brownhills, a 51-year-old from the Norton area of Stoke-on-Trent in Staffordshire, and one aged 53 from Brownhills, have been released on bail as police investigations to “hunt those responsible” continue. West Midlands Police told Wikinews no person has yet been charged in connection with the seizure. Supplying a controlled drug is an imprisonable offence in England, although length of jail sentences vary according to the class and quantity of drugs and the significance of offenders’ roles in committing the crime.

Friday, February 9, 2007

Violent clashes have broken out between Palestinians and Israeli police near the al-Aqsa Mosque and Temple Mount in Jerusalem, from controversy over Israeli construction near the site, which is holy to both Muslims and Jews.

The construction work reportedly is to repair a pedestrian bridge that leads to the Mugrabi Gate, the entrance to the mosque used by Palestinians, and runs over the Jewish Western Wall area of the complex. The earthen ramp bridge leads to a hilltop compound known as the Temple Mount to Jews and as the Noble Sanctuary to Muslims. The bridge collapsed in 2004 and was temporarily replaced with a wooden bridge which Israelis say is weakening and unsafe. Israel has controlled the contentious compound since the 1967 Mideast War,

The construction involves excavation work and digging at the site, which Palestinian leaders contend is part of an attempt to dig under the mosque to find evidence of the Jewish Second Temple and/or to deliberately weaken the foundation of the mosque. Muslims dispute that the Temple was located at the site. Some artifacts have been salvaged from the digging work.

Israeli forces locked down Palestinian neighborhoods of Jerusalem in anticipation of backlashes from the construction. The Old Jerusalem city limits were blockaded, allowing only Palestinians over 45 years old from entering and only on foot. Palestinians from the West Bank were completely barred. Opponents have declared the blockades and the construction work a deliberate act to prevent Muslims from accessing the holy site. The mass of protesters at the site have in turn blocked Jewish access to the Western Wall.

Palestinian president Mahmoud Abbas declared the construction and blockade as “hostile measures” against Muslims. Palestinian chief justice Tayssir al-Tamimi declared a “day of anger” and called on Palestinians to defend the mosque.

Arab and Muslim countries including Jordan, Malaysia and Indonesia criticized Israel for the controversial work and urged it to halt construction. Israeli defense minister Amir Peretz also warned against starting construction. The leader of the Pakistan Muslim League urged Muslim countries to freeze diplomatic ties with Israel in protest of the work.

Around 150 Muslims were inside the mosque for morning prayers when the construction and blockade began. An Israeli Muslim journalist reported that the worshippers were unable to leave and received loud messages from Israeli loudspeakers.

The al-Aqsa mosque is the third holiest site in Islam, having once been the central point of prayer (qibla) for Muslims and allegedly the place where Muhammad ascended into heaven. Conventional Judaism believes it is also the historic site of the First and Second Temples, the holiest temple in Judaism, which is prophesised to be rebuilt ahead of the coming of the Messiah.

No deaths have been reported in the clashes, which simmered by evening.

Demonstrations also took place at mosques throughout the Muslim world, including Egypt and Jordan. Protests were expected later in the day in Nazareth.

The incident comes only a few days after rival Palestinian political factions, Hamas and Fatah, came to an agreement for a unity government aimed at restoring international support of Palestine and a return to Israeli negotiations.

Friday, August 4, 2017

Yesterday, French capital football club Paris Saint-Germain triggered a €222 million (about US$263m, £198m) buyout clause of Brazilian winger Neymar to sign him from FC Barcelona, making him the most expensive footballer of all time by breaking the previous fee record of Paul Pogba’s transfer from Juventus FC to Manchester United. Neymar signed a five year contract with Paris SG which runs until June 2022.

25-year-old Neymar made his professional debut for Santos FC in January 2009, netting 138 goals in 229 matches. He was signed by FC Barcelona in 2013. Since then, Neymar has scored 105 goals and provided 80 assists in 186 games for Barça. In four seasons at Camp Nou, Neymar won two LaLiga titles, three Copa del Rey trophies, and one each of Champions League trophy Supercopa de España. Neymar was part of Barcelona’s treble winning squad in 2014–15, and finished third in 2015’s FIFA Ballon d’Or. Neymar made an international debut at the age of eighteen. He has scored 52 goals in 77 games for Brazil.

Paris SG’s Qatari president Nasser Al-Khelaifi said, “Today, with the arrival of Neymar Jr, I am convinced that we will come even closer, with the support of our faithful fans, to realizing our greatest dreams”.

After penning a five-year contract, Neymar said, “I am extremely happy to join Paris Saint-Germain. Since I arrived in Europe, the club has always been one of the most competitive and most ambitious. And the biggest challenge, what most motivated me to join my new teammates, is to help the club to conquer the titles that their fans want.”

Neymar’s lawyer submitted a check of €222m to deposit Neymar’s buy-out clause at LaLiga’s headquarters, but it was rejected. LaLiga officials issued an official statement, which read, “We can confirm that the player’s lawyers came to the La Liga offices this morning to deposit the clause and that it has been rejected.[…] That’s all the information we are giving out at this moment.”

Later, Neymar’s legal representative delivered the check to FC Barcelona. A statement from Barcelona confirmed they received the payment and Neymar was no longer contracted to the club. The statement read, “On Thursday afternoon Neymar Jr’s legal representatives visited in person the Club’s offices and made the payment of 222 million euros in the player’s name with regards to the unilateral termination of the contract that united both parties.” ^{((es))Spanish language: ?Esta tarde, representantes legales de Neymar Jr. se han personado en las oficinas del Club y han hecho efectivo, en nombre del jugador, el pago de 222 millones de euros, en concepto de indemnización por la rescisión unilateral y sin causa del contrato que unía a ambas partes.} It also said, “the Club will pass on to UEFA the details of the above operation so that they can determine the disciplinary responsibilities that may arise from this case.” ^{((es))Spanish language: ?el Club trasladará a la UEFA los detalles de esta operación para que depuren las responsabilidades disciplinarias que puedan derivarse de este caso.} Financial fair play rules prevents European clubs from spending more than €30 million from their earnings. Paris SG was fined by UEFA in 2014 for violating financial fair play rules.

Manchester United’s manager José Mourinho, who spent about €105 million last season to sign Paul Pogba, and a reported fee of €75 million to sign Belgian striker Romelu Lukaku from Everton FC this season, said, “Expensive are the ones who get into a certain level without a certain quality. For £200m, I don’t think [Neymar] is expensive. […] I think he’s expensive in the fact that now you are going to have more players at £100m, you are going have more players at £80m and more players at £60m. And I think that’s the problem. […] So I think the problem is not Neymar, I think the problem is the consequences of Neymar.”

Liverpool manager Jürgen Klopp said, “I thought Fair Play was made so that situations like that can’t happen. That’s more of a suggestion than a real rule.”

French club Lille director general Marc Ingla, who had once served as Barça’s vice-president said, “It’s a blow for Barcelona. Neymar is an accelerator to this bright future of Ligue 1. The young talent pool we have here is the best in Europe. For sure we can still compete with PSG. Once you get on the pitch it’s 11 v 11 and all the transfer fees and salaries narrow a bit.”

Before the official announcement of the agreement, yesterday, Arsenal’s manager Arsène Wenger also remarked about the financial fair play and said, “Once a country owns a club, everything is possible. It becomes very difficult to respect the financial fair play because you can have different ways or different interests for a country to have such a big player to represent [that] country. It can’t justify the investments and looks unusual for the game. That’s why I always [support] football living with its own resources. You don’t look at the numbers in their absolute value anymore. Football has been for a long time out of normal society and the numbers are like the NBA in basketball, so it’s not comparable to normal life anymore. Those are the numbers. It was already out of context of society, so after it just becomes a bit extra. You cannot calculate what it brings in anymore, it’s just a number.”

On Wednesday, Neymar’s Lionel Messi posted on Instagram: “It was a great pleasure to have shared all these years with you, friend @neymarjr [Neymar]. I wish you good luck in this new stage of your life. See you tomorrow” ^{((es))Spanish language: ?Fue un placer enorme haber compartido todos estos años con vos, amigo @neymarjr [Neymar]. Te deseo mucha suerte en esta nueva etapa de tu vida. Nos vemos Tkm}.

Barcelona’s striker Luis Suárez dedicated an Instagram post for Neymar after Lionel Messi, and said, ” My friend i wish you the best in everything that comes!!! Also thank you for your support, for everything that i learned with you and for the unique moments that we spent together!!!! Keep like this and never change love you little bro” ^{((es))Spanish language: ?Amigo desearte todo lo mejor en lo que viene!!! También agradecerte todo el cariño que me diste, por lo que aprendí contigo y por los momentos únicos que pasamos!!!! Seguí así y no cambies nunca te quiero hermanito}.

Neymar has been assigned number 10 jersey.

Monday, November 14, 2016

On Wednesday, India demonetised ?500 (about US$7.50) and ?1000 notes, announced as a measure to fight corruption, fake notes, and black money. Prime Minister Narendra Modi addressed the Indian citizens late Tuesday, and said 500 and 1000 rupee notes would cease to be legal tender at midnight.

To minimise possible difficulties to citizens, transactions using old 500 and 1000 rupee notes were accepted at government hospitals, railway ticket bookings, government buses, and airports. The notes were also accepted at public-sector petrol-pumps, government-authorised consumer co-operative stores, milk booths authorised by State governments, and cremation grounds till Friday midnight. These shops were obliged to have a record of their stocks and sales.

In his announcement, Modi said, “For your immediate needs, you can go to any bank, head post office or sub post office, show your identity proof like Aadhar card, voter’s card, ration card, passport, income tax PAN card number or other approved proofs and exchange your old 500 or thousand rupee notes for new notes.” ^{((hi))Hindi language: ??????? ???????? ?? ??? ???? ?? ?? ?? ???? ?? ?????? ????? ?? ??? ??? ?????? ????? ?? ??? ?? ????? ?? ??? ?????? ?? ?? ???? ?? ???? ?? ?????? ?? ?? ??? ?? ?? ?????? ?? ???? ????? ????, ???? ??, ???? ?????, ?????? ?????, ???? ?????, ????????, ???? ????? ??? ????? ??????? ???? ?? ??? ??? ??? ???? ?? ??? ??? ???? ???}

Modi also announced those who failed to change their currency till December 30 can exchange the notes at Reserve Bank of India (RBI)’s office along with a declaration form till March 31. The notes can be exchanged till December 30 at any branch of any bank across India.

By Saturday, Finance Minister Arun Jaitley said demonetised money equivalent to almost US$30 billion was deposited in banks across India. According to estimate, the old notes accounted for 85% of the total money in circulation. New 500 rupee and 2000 rupee notes are to be issued. Modi said RBI would exercise caution from past experience and limit the circulation of large-value notes.

International tourists could purchase up to 5000 rupees using the old notes at airport exchanges till Friday.

A limit was imposed on cash withdrawal; a maximum of 10000 rupees each day, and 20000 rupees each week, can be withdrawn. Moreover, from Thursday (November 10) till November 24, 4000 rupees can be exchanged in the banks and post offices. The amount is credited to the bank account.

Government workers were informed about demonetising when the announcement was made. Modi announced all banks would remain closed for public work on Wednesday.

In the United States, Donald Trump won the 2016 presidential election on Tuesday, immediately after which stock markets dropped globally. Following the US election and demonetising the money, the Indian stock market fell by 1700 points on Wednesday. Sensex lost 1,688.69 points and Nifty lost 111.55 points on the same day. Indian technology sector companies experienced loss. TCS suffered 4.93% loss and Infosys lost 2.74%.

The Indian rupee is also used in the neighbouring countries of Bhutan and Nepal. The border area uses Indian currency for day-to-day transactions. The Royal Monetary Authority of Bhutan (RMA) has announced the exchange of old notes will be facilitated till December 15. RMA governor Dasho Penjore informed Indian news site The Wire, “We do not know exactly how much Indian currency of Rs 500 and Rs 1,000 is in circulation in Bhutan. We will get a better idea after the deadline to deposit their amount”. RMA has 30% of its international exchange reserve in Indian rupees. Nepal Rastra Bank directed all Nepali banks to stop conducting transactions using the Indian rupee.

On Thursday, there were long queues in front of ATMs and banks to exchange the old notes and withdraw money. BBC reported some banks ran out of cash. Police were called to some banks to maintain discipline. Banks were open on Saturday and Sunday for money exchange.

Shops did not accept the old 500 and 1000 rupee notes. Some emphasised cash-less transaction as well. BBC reported some traders and small business owners in Delhi threatened to call a strike as this move affected their business.

eRetail websites like Amazon and Flipkart announced they would not accept the old 500 and 1000 rupee notes on Cash on Delivery orders. Amazon also announced 15% discount on gift cards worth 500 or 1000 rupees.

The government ceased all transactions using the old 500 and 1000 rupee notes before Saturday. But a Wikinews correspondent noticed a jeweler shop accepting the demonetised notes on Saturday. When questioned, the jeweler said they were accepting the old notes only on purchase. When the correspondent, who did not identify as a reporter to the shop owners, said the old 500 and 1000 rupee notes were not legal money, they said they will exchange the notes in a bank since there were 50 days to exchange with a new and legal tender. They refused to exchange old 500 rupee notes with change, asserting the customer needs to buy merchandise from their shop.

Monday, May 3, 2010

The British oil company BP has said it will pay the cleanup costs from a severe oil spill in the Gulf of Mexico.

In a statement on its website posted earlier today, BP pledged to take responsibility for cleaning up after the Deepwater Horizon oil well ruptured, adding it would pay what it called “legitimate and objectively verifiable” compensation for claims of damage or injury.

“We are responsible, not for the accident, but we are responsible for the oil and for dealing with it and cleaning the situation up,” said BP chief executive Tony Hayward on the TV show Good Morning America, claiming the company was not at fault for the collapse of the oil rig itself, whose equipment was provided by another company, Transocean.

Transocean spokesman Guy Cantwell responded by saying: “We will await all the facts before drawing conclusions and we will not speculate.”

The Deepwater Horizon exploded on April 20 and killed eleven workers. The cause of the disaster is not known.