Saturday, March 27, 2010

A meeting in Brussels has produced a plan, supported by all 16 countries in the eurozone, to make available up to 22 billion euros in financing to support Greece, which is laden with debt.

The deal would come into force only if Greece was unable to borrow money from commercial lenders, and would require approval from all 16 eurozone countries. While no figures were included in the agreement, anonymous officials said the total package would be around 22 billion euros, of which European countries would provide two-thirds. The remainder would be supplied by the International Monetary Fund.

Germany and France were the architects of the document, which was subsequently approved by the other members of the eurozone. While it is seen as a partial retreat for countries such as France that previously opposed any IMF participation in the loans, it is nevertheless regarded as a breakthrough in negotiations. Germany had been insistent on relatively strong terms for the plan, a large amount of which was in the final version.

Despite the agreement, there are no plans for it to take immediate effect, as the Greek government has not requested financial aid, and officials said that they hoped the option would never have to be used. The president of the European Central Bank, Jean-Claude Trichet, said that “the mechanism decided today will not normally need to be activated.”

Sunday, May 1, 2005

The FOX Morning News broadcast from Harvard Square this morning in Cambridge, Massachusetts. Anchors Liz Carrigan and Gene Lavanchy profiled a restaurant and a musician who will take part in the 22nd annual Mayfair, which starts on Sunday, May 1. The restaurant, Grafton Street, is on Massachusetts Avenue.

The Mayfair is a festival that takes place in Harvard Square on an annual basis. On Sunday, the Square will be closed from noon until 6 pm to vehicular traffic; according to the Mayfair website, “200 artists and merchants” will participate in the event this year.

The musician, Halsey Burgund, works for a computer security firm, but plays the drums and piano in his spare time. This morning, he had set up his portable recording booth to demonstrate the means by which he records passersby for voice samples in his music. Burgund will have his booth set up on Sunday and hopes to record festival visitors. Eventually, Burgund hopes to release his music under a Creative Commons license. Burgund noted that he previously tried recording people on the street with just a microphone, but he found that there was too much ambient noise for the quality of recording he desired.

Wednesday, October 21, 2009

Kapil Sibal, India’s Minister of Human Resource Development (HRD) held a meeting Monday to present his reform plans for the Indian Institutes of Technology (IIT) sector by increasing the entrance percentage to 80% and above in the class XII (final year) board exams. A three-member committee was set up to review the proposal.

Sibal said, “The present criteria is that students need to secure 60% in class XII for appearing in IIT-JEE. This is not acceptable”, pointing out that the current criteria where students getting more than 60% in the board exam of the twelfth class are eligible for IIT-JEE is not good enough and that it has to be raised to 80-85%.

He also stated that students undervalue final year board exams, preparing instead for the Indian Institute of Technology Joint Entrance Examination (IIT-JEE); they enrol in coaching institutes and concentrate on their study material in order to enter IIT. He wants to abolish these “teaching shops.”

The meeting decided that they would set up two committees, one headed by Anil Kakodkar, Atomic Energy Commission (Chairman) and other by T. Ramasamy, Department of Science and Technology (Secretary). The first committee is scheduled to decide final year board percentage and the second one is scheduled to set the curriculum.

The Kakodkar committee also plans to decide how to abolish coaching institutes and how to move IIT field forward with a greater emphasis on research. The committee is expected to submit its report in the next six months. The minister also clarified that some of these will be implemented from the 2010 academic year and some from 2011.

The meeting was also expected to reduce the fee for African and South Asian Association for Regional Cooperation (SAARC) countries as their fees are higher than those of Indians. The review committee says that people of other countries are tempted to study in India but they refrain due to high fees. The Ramasamy committee is expected to submit its report in the next three months.

Lastly, the meeting said that it will appoint board members and directors on the basis of nominations and independent rank and power to ensure IIT’s activity.

Friday, August 18, 2006

Two New Zealand men, Richard Stuart Hayes and Troy Jonathon Elliot, have been convicted of running an illegal mobile text based competition after 27 winners did not receive the car prizes. The pair were found guilty yesterday in a decision reached by Judge Nicola Mathers in Auckland District Court, following a February hearing.

The two convicts, whose names were suppressed until yesterday, are the directors of the company which ran the ‘TxtDrive’ competition in March 2004, the Watch and Win Company. The company had hoped to gain a profit of NZ$2.5 million, but due to lack of interest and entrants they could not afford to honour the daily prizes as they had only raised $414,595.

“I am satisfied that the Department of Internal Affairs (DIA) has proved to me beyond reasonable doubt that Mr Hayes and Mr Elliot organised an illegal lottery. I consider they deliberately entered into the scheme and were careless as to the legality of this novel scheme.” Judge Mathers said.

During the 27-day competition, cellphone users had to send a $0.99 text message during television adverts on TV 2 for the opportunity to win a Peugeot car a day or free products from Pizza Hut.

Settlements have been reached with the winners; only one received a car.

Hayes and Elliot argued that it was not a lottery but a sales promotion, which means it didn’t need to be licensed by the DIA.

Mark Woolford, DIA lawyer, said “Internal Affairs had to prove that the Hayes and Elliot organised the competition, that it was a lottery under the definition of the Gaming and Lotteries Act 1977, and that it was not authorised as a lottery by Internal Affairs.”

A sales promotion is defined as “Any competition promoted by a manufacturer, distributor, wholesaler or retailer for the purpose of promoting the sale of goods or services.” Judge Mathers said she was satisfied the TxtDrive competition was an illegal lottery.

The two men are to appear back in court on 6 October, they face either a fine of $4,000 or three months in prison under the maximum penalties.

Tuesday, August 1, 2006

A new report released by the New Zealand Ministry of Health titled “Suicide Trends” shows that the suicide rate in New Zealand has decreased 15% since its peak in the late 1990’s, but the attempted suicide rate is increasing.

There were 12 deaths per 100,000 people between 1983-’85. 16.7 deaths per 100,000 people between 1996-’98. And 14.2 deaths per 100,000 people between 2001-’03. But there were 73.1 attempted suicides per 100,000 people between 1995-’97 compared to 82.5 in 2002-’04.

Jim Anderton, Associate Health Minister, said “It provides some comfort to see the long-term trend still appears to be heading in the right direction, with a continued decline or levelling off of self-inflicted deaths but there is no room for complacency.”

The suicide report also shows that:

• The 25- to 34-year-old age group has the highest suicide rate
• Between 2000-’03 Maori has the highest suicide rate
• Men were less likely than woman to go to hospital for attempted suicide because more men died from suicide.

The New Zealand Government has put NZ$10.3 million towards direct suicide prevention. New Zealand News agencies are banned by law from reporting suicide deaths.

Monday, November 3, 2008

Sunday, a fire rushed through seven businesses at the Whitestone Shopping Center in Whitestone, Queens, New York, near the Cross Island Parkway in New York City.

The fire started at around 1:00 AM EST (UTC-5) on November 2, 2008 in a diner known as Lollipops. According to local sources, Lollipops was a popular restaurant in the area. The fire spread through the stores, up an awning and continued all the way to a corner of the shopping center. In the end, seven businesses were destroyed, including two banks, two restaurants and a GNC Nutrition Center. It took dozens of firefighters to put out the large blaze.

According to WCBS-TV, with his diner Lollipops destroyed, the owner was too upset to comment.

Nearby Chinese restaurant, King’s Chef, was also damaged. “I cannot open because of whatever rules – tomorrow’s Monday, Tuesday is a holiday,” the owner, Patrick Chan, told WCBS-TV. “If I cannot get them to come tomorrow, I am going to lose big time.”

Nearby residents reacted to the situation. Several residents have reported that it is a major loss to the community as they considered Lollipops to be a landmark. Several residents have reported knowing members of either the victim stores or others in the strip mall.

State Senator Frank Padavan commented on the loss of the shopping center.

“This is a calamity for many of these small businesses to be out of business, particularly in this economy,” he said.

The next day, investigators were boarding up the windows of the damaged stores. No one was hurt because all the stores were closed at the time of the blaze.

Thursday, October 22, 2020

2020 Melbourne Lord Mayor candidate Wayne Tseng answered some questions about his campaign for the upcoming election from Wikinews. The Lord Mayor election in the Australian city is scheduled to take place this week.

Tseng runs a firm called eTranslate, which helps software developers to make the software available to the users. In the candidate’s questionnaire, Tseng said eTranslate had led to him working with all three tiers of the government. He previously belonged to the Australian Liberal Party, but has left since then, to run for mayorship as an independent candidate.

Tseng is of Chinese descent, having moved to Australia with his parents from Vietnam. Graduated in Brisbane, Tseng received his PhD in Melbourne and has been living in the city, he told Wikinews. Tseng also formed Chinese Precinct Chamber of Commerce, an organisation responsible for many “community bond building initiatives”, the Lord Mayor candidate told Wikinews.

Tseng discussed his plans for leading Melbourne, recovering from COVID-19, and “Democracy 2.0” to ensure concerns of minorities in the city were also heard. Tseng also focused on the importance of the multi-culture aspect and talked about making Melbourne the capital of the aboriginals. Tseng also explained why he thinks Melbourne is poised to be a world city by 2030.

Tseng’s deputy Lord Mayor candidate Gricol Yang is a Commercial Banker and works for ANZ Banking Group.

Currently, Sally Capp is the Lord Mayor of Melbourne, the Victorian capital. Capp was elected as an interim Lord Mayor in mid-2018 after the former Lord Mayor Robert Doyle resigned from his position after sexual assault allegations. Doyle served as the Lord Mayor of Melbourne for almost a decade since 2008.