Sunday, July 5, 2009

The United Kingdom’s Serious Fraud Office is to launch an investigation into the collapse of car manufacturer MG Rover. The move follows the conclusion of a four-year enquiry started immediately after the firm became insolvent.

The group of four who owned MG Rover — John Towers, Nick Stephenson, Peter Beale and John Edwards — have been accused of asset stripping. The quartet, known as the Phoenix Four, paid a symbolic £10 (approximately €15) for Rover in 2000. At that time the company received an interest-free loan from former owner BMW for £427 million (approximately €700 million) and came with a large amount of unsold stock.

Between then and Rover’s April 2005 bankruptcy, by which time there were unpaid debts of £1 billion (approximately €1.5 billion), the Phoenix Four had removed an estimated £40 million worth of assets including pensions and salaries. An enquiry was launched by ministers that was expected to take a year, but the final report was not delivered to business secretary Lord Mandelson until three weeks ago.

The government used taxpayer’s money to fund a £6 million loan to MG Rover and attempted to negotiate a deal with a Chinese company, but these efforts failed. MG Rover’s collapse caused the loss of an estimated 15,000 jobs, including with various suppliers. A former MG Rover factory does still build a small number of MG sports cars in Longbridge by Shanghai Automotive Industry Corporation, who bought most of the designs.

The Phoenix Four released a statement criticising the criminal investigation. “There has never been any suggestion of improper conduct by the directors and this was confirmed in a report by the administrators PWC six months after they took over the running of the company. Four years on, any suggestion [of] another further investigation is frankly ridiculous and smacks of kicking this issue into the long grass. If the government has been so concerned to get to the heart of the matter why has it flatly refused more than 30 requests under the Freedom of Information Act which would have revealed correspondence and documents the directors believe would have shed some light on the government’s role in the affair?”

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.

Friday, February 17, 2006

Buffalo, New York —Savarino Construction Services Corp. has proposed a $7 million hotel project at the Forest and Elmwood Avenue intersection, according to The Buffalo News. The proposal calls for a 5-story, 45,000 square-foot 80-room hotel with underground parking for at least 50 vehicles, and 4,500 square-feet of retail space on the lower level.

Hans Mobius, the owner of the five properties to be purchased in the plan (1109 to 1121 Elmwood), reportedly signed a contract with Savarino to assemble the development.

“We saw a huge opportunity to bring something to the Elmwood Village that will make sense and bring a service that’s currently not available,” said Eva Hassett, vice president of Savarino. “Elmwood is such a wonderful place to eat, shop, walk and spend time. We believe this project will add to that vibrant environment.”

Some business owners in the area see it differently. Wikinews interviewed 2 of the 4 owners whose business’s would be demolished if the development goes through.

Nancy Pollina, of Don Apparel at 1119 Elmwood, who found out about the development only yesterday, said she is “utterly” against the proposal. Her apparel shop has stood at the same location for nearly 14 years. She has volunteered in the community, and helped create several gardens around bus shelters in the city, and served on Forever Elmwood Board for six years as head of Beautification. Patty Morris co-owns Don Apparel with Pollina.

“To say this is a good looking project, I want to say the emperor has no clothes. This [project] does not take into consideration the needs of the college students. I have been told by college students, these shops here, are the reason they leave the campus,” said Mrs. Pollina.

Buffalo State College is 500-feet from the intersection.

Michael Faust, the owner of Mondo Video said, “Well, I do not really want to get kicked out of here. The landlord was very open, and the deal he made with me when I moved in here was ‘the rent is cheap and I [the landlord] will not fix anything and that will not change.'” Faust said he first learned of the development plan, “about 48 hours ago. I found out on Tuesday when the Buffalo News called and asked for my opinion on this.” Faust has not said if he will make plans to relocate. “We have to see if this [house] is going to get knocked down first,” said Faust.

An “informational” meeting, where citizens can voice opinions and learn about the proposal, will be held on Tuesday February 21, 2006 at 5:00pm (eastern), at the Burchfield-Penney Art Center Gallery at Buffalo State College, Rockwell Hall.

Executive director of Forever Elmwood Corporation, Justin P. Azzarella would not comment on whether or not the organization supports the development, saying, “you will just have to come to the meeting.”

Forever Elmwood Corp. is designed to preserve and protect the unique and historic nature of Elmwood Avenue and its surrounding neighborhoods and encourage neighborhood commercial revitalization. The organization was founded in 1994.

Nearly two years ago, the Forever Elmwood Corp. assisted in the blocking of the demolition of the Edward Atwater house at 1089 Elmwood next to Pano’s Restaurant which is at 1081 Elmwood. Owner Pano Georgiadis wanted to expand his restaurant onto the property where the house now stands, but the Common Council denied his permit to demolish saying the house is a historical landmark and needs to be protected. Georgiadis, who has a bleeding ulcer, said that all the court cases landed him in the hospital. “I got a bleeding ulcer, and since then, I don’t care about this house anymore, or this city. I just go to work every day. I think [preservationists] are parasites,” said Georgiadis.

Georgiadis will not be attending Tuesday’s meeting saying, “I will be out of town.”

In 1995 Hans Mobius proposed a plan to develop a Walgreens, that was to be placed in the same location, but residents and business owners shot down the proposal. Walgreens eventually withdrew its request for a variance after pressure from the community.

Thursday, September 20, 2007

A highly dynamic Bluetongue (or catarrhal fever) infection of sheep herds is underway in Germany. From August 2006 till September 9, 2007, 1,833 farms had reported the presence of the infection. From Sept 9. till September 14, 2007, the number of farms reporting infections has grown to 5,686. The number of deaths is estimated around 15,000 sheep.

Bluetongue infection is of viral origin and is harmless to humans. It is an insect-borne viral disease of ruminants, mainly sheep and less frequently of cattle, goats, buffalo, deer, dromedary camels and antelope. There are no reports of human transmission.

The origin of the infection is not clear but it is one of the diseases which is still feared to invade Northern Europe as a consequence of global warming. No official sources are as yet available as the affected sheep farmers have tried to get the news on the media but to no avail.

The disease has also been found in Belgium, France, the Netherlands and Luxembourg. The United Kingdom Department for Environment Food and Rural Affairs says the virus could spread from Northern Europe to the UK, but is unlikely.

Monday, March 12, 2007

A CSX freight train traveling from Buffalo to Selkirk derailed in Oneida, New York.

No injuries have yet been reported as a result of the accident. It is not yet known what caused the accident; CSX and NTSB officials are investigating.

Twenty six of the train’s 79 cars derailed around 7:00 a.m. local time; the derailment led to the explosion of at least one tank car carrying propane. Two other cars are known to contain hazardous materials. As many as seven cars have been reported as burning.

As a precaution, 23 miles (37 kilometers) of the adjacent Thruway have been closed between Syracuse and Verona. Authorities have ordered a complete evacuation for a one-mile radius around the derailment site, including a jail and two elementary schools. Amtrak’s Empire Service between Albany and Syracuse is suspended and Lake Shore Limited between Syracuse and Chicago is also affected; passengers on these routes are being bused around the affected area.

At the time of the accident the train had a two-man crew and was traversing a section of track that has a 60 mile per hour (MPH) speed limit. The train crew were not injured; it is not yet known what speed the train was traveling when the accident occurred.

Thursday, December 13, 2007

Victoria Wyndham was one of the most seasoned and accomplished actresses in daytime soap opera television. She played Rachel Cory, the maven of Another World‘s fictional town, Bay City, from 1972 to 1999 when the show went off the air. Wyndham talks about how she was seen as the anchor of a show, and the political infighting to keep it on the air as NBC wanted to wrest control of the long-running soap from Procter & Gamble. Wyndham fought to keep it on the air, but eventually succumbed to the inevitable. She discusses life on the soap opera, and the seven years she spent wandering “in the woods” of Los Angeles seeking direction, now divorced from a character who had come to define her professional career. Happy, healthy and with a family she is proud of, Wyndham has found life after the death of Another World in painting and animals. Below is David Shankbone’s interview with the soap diva.

Thursday, October 7, 2010

An apartment complex in Tyler, Smith County, Texas, incurred substantial damage during a major fire on Wednesday evening. Fire authorities were forced to close Shiloh Road, a busy street which runs adjacent to the complex, for several hours while multiple city units fought to douse the blaze. Eye witnesses report that screams of animals and people were heard. A local news source described the blaze as “massive”, adding that while no-one was injured during the blaze, one cat was killed. One witness told a local news agency: “It engulfed it pretty quick. It’s amazing to see how quick a fire can go like that. It just started on one end and took over.”

8 apartment units were reportedly totally destroyed in the incident. Initial reports indicate that the fire started in an upstairs apartment and spread rapidly. Local medical personnel were alerted to expect a large number of casualties. A woman, who lives in the neighboring apartment complex and was present during much of the event, spoke to Wikinews on the condition of anonymity. “It was unbelievable,” she said. “There were firetrucks and police cars everywhere. It was the biggest fire I’ve ever seen.”

Fire officials have stated that they believe the cause of the fire may have been faulty wiring, adding that there was no evidence to suggest arson. On Thursday morning, local news outlet KLTV reported that many residents of the complex praised the fast and aggressive response of local firefighters. 61-year-old Cecile Hughston said that she was in her home about one block from the fire when she saw the flames. She said: “I was inside my house and I could see the flames, they were stretching up toward the sky. I was terrified.” Multiple clean-up workers were present at the complex on Thursday morning and the damaged building was cordoned off with police tape.

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Sunday, February 17, 2008

Grameen Bank of Bangladesh has made the first loans to U.S. citizens who do not have a bank account. Grameen Bank is experienced in micro-financing in its home country, lending money to poor women that want to start small businesses.

Since the start of the mortgage-crisis more people in the U.S. tend to turn to fringe financial institutions bypassing the mainstream bank institutes. “Now is a good time because of … the subprime crisis and that highlights the issue that the financial system is not perfect,” , says the bank’s founder and 2006 Nobel Peace Prize winner Muhammad Yunus. Grameen Bank started in 1976 by lending a total amount of $27.00 to 42 Bangladesh women. To date the bank has made over $6.5 billion in loans to 7 million people in Bangladesh.

Grameen Bank’s first loans of approximately $50,000.00 in total in the U.S. was to a group of women in Jackson Heights, Queens, New York City. Garmeen Bank plans to offer $176 million in loans in New York City the next five years, and after that expanding into business as remittances and mortgages all over the U.S., as it has done in Bangladesh.

A view of the Leonard Zakim bridge from the construction site. The warehouses at right will be replaced by a five-acre park within two years. The elevated roadway in the foreground is the John F. Gilmore Bridge.

Wednesday, March 23, 2005

Cambridge, Massachusetts —Construction of two condominium buildings and a five-acre park began on March 21, in East Cambridge, Massachusetts. The buildings and park are part of the 45-acre Northpoint development, which will take 15 years and more than $2bn to complete, according to the Boston Globe. The buildings, designated as “Building S” and “Building T” by the planners of the project, Spaulding & Slye Colliers, have been designed by local architectural firm Childs Bertman Tseckares and Architects Alliance from Toronto. Buildings S and T are the first of an eventual 20 buildings planned at the site.

The development will fill what used to be a railroad yard for the Guilford Rail System, a subsidiary of Guilford Transportation Industries. According to Hoovers.com, Guilford is controlled by Timothy Mellon, heir to the Mellon banking fortune. Guilford Rail Systems has its headquarters in North Billerica and owns 1600 miles of railroad throughout New England. The tracks in the Northpoint plot have been removed, though Boston subway’s Lechmere station remains within walking distance of the site, along with parts of Boston and Cambridge. The site is bordered by Route 93 on its eastern side, Monsignor O’Brien Highway to the west, and the Gilmore Bridge to the south.

The landscape architecture of the park is provided by Michael Van Valkenburgh Associates, a landscape architecture firm on Concord Avenue in Cambridge. The firm’s principal teaches in Harvard’s Graduate School of Design. MVVA is also completing the landscape for Harvard’s Northwest Science Building.