Friday, July 15, 2011

On Tuesday, the Euro fell to a new record low in relation to the Swiss Franc, and to multi-month lows against the U.S. Dollar and Japanese yen; all considered by investors to be safe currencies during times of economic turmoil.

The Wall Street Journal reported earlier that recent comments from the newly installed head of the International Monetary Fund, France’s Christine Lagarde, resulted in a sell-off of the Euro. At a roundtable discussion in Washington, Lagarde noted that the IMF had not yet reached discussion of terms and conditions of a second Greek bailout plan. In fact, a representative from the IMF is currently meeting with Eurozone policymakers to draft such a new proposal. The yield differential between Italian bonds and German bonds has spread to more than 300 basis points, something not seen in over a decade and evidence of investors’ concern.

Adding to the Euro’s woes is the upcoming release of the bank stress tests on Friday. The European Bankers Association said that they expect the data release to shed new light on the Eurozone’s banking situation. Representatives of several of the Eurozone’s governments, including Germany, have requested that the association consider releasing fewer specific details for fear that investor panic will ensue. The inadequacy of the capitalization rates has been an issue with the European Central Bank, whose president recently called upon Eurozone banks to make every effort to put their balance sheets in order.

For the time being at least, an unsubstantiated rumor reported by the Wall Street Journal states that the Eurozone’s central banks’ purchase of periphery debt has helped to quell the downward momentum of the Euro.

Tuesday, February 16, 2016

Yesterday, UK singer Ed Sheeran won the Grammy Award for Song of the Year for his song Thinking Out Loud from his album × ahead of Kendrick Lamar’s Alright; Wiz Khalifa’s, featuring Charlie Puth, See You Again; Little Big Town’s Girl Crush; and Taylor Swift’s Blank Space. Girl Crush won the Grammy Award for Best Country Song.

Welsh singer Amy Wadge co-wrote the song. Sheeran during the ceremony said they wrote the song on a couch in his house. In remarks to the Western Mail, Wadge said the album was already complete when they wrote the song.

Thinking out Loud remained #2 on Billboard Hot 100 for almost two months, and topped the UK rankings last year. Its video song has 969 Million YouTube views and has more than four million likes. The song also won the Grammy Award for Best Pop Solo Performance.

US singer Stevie Wonder announced the winner for the Song of the Year, and the envelope was written in Braille script. He joked about it saying “You can’t read it, you can’t read Braille!”

Along with Ed Sheeran’s first Grammy, Canadians The Weeknd and Justin Bieber won Grammy awards for the first time.

Tuesday, January 18, 2005

AUSTRALIA —Following hospitalisation for pancreatitis and ongoing speculation about his leadership, Mark Latham has resigned from his roles as leader of the Australian Labor Party (ALP) and also the Federal Member for Werriwa. He cited as reasons the media harassment, and a desire to put his family and health first.

Mr Latham became leader of the ALP just over a year ago, on 2 December, 2003, leading the party during the October 2004 federal election. He was hospitalised in the run-up to that election, also for treatment of pancreatitis. Following the defeat of his party, his leadership increasingly came under question.

He fell ill a second time almost simultaneously with last year’s Indian Ocean tsunami disaster. His failure to issue a statement on the tsunami drew criticism from the media and calls for his resignation from within his own party, even after it was revealed that he had been incapacitated at the time.

Mr Latham’s resignation sidesteps the possibility of a leadership challenge by other members of the party and leaves no clear successor.

Monday, May 14, 2007

Buffalo, New York —A massive warehouse complex of at least 5 buildings caught on fire in Buffalo, New York on 111 Tonawanda Street, sending a plume of thick, jet black colored smoke into the air that could be seen as far away as 40 miles.

As of 6:40 a.m., the fire was under control, and firefighters were attempting to stop it from spreading, but could not get to the center of the fire because of severe amounts of debris. Later in the morning, the fire was extinguished.

“The fire is mostly under debris at this point. It’s under control, but it’s under some debris. We really can’t get to it. We’re just going to have to keep on pouring water on it so it doesn’t spread,” said Thomas Ashe, the fire chief for the North Buffalo based fire division who also added that at one point, at least 125 firefighters were on the scene battling the blaze. One suffered minor injures and was able to take himself to the hospital to seek medical attention.

Shortly after 8:00 p.m. as many as 3 explosions rocked the warehouse sending large mushroom clouds of thick black smoke into the air. After the third explosion, heat could be felt more than 100 feet away. The fire started in the front, one story building then quickly spread to three others, but fire fighters managed to stop the flames from spreading onto the 3 story building all the way at the back.

According to a Buffalo Police officer, who wished not to be named, the fire began at about 7:00 p.m. [Eastern time], starting as a one alarm fire. By 8:00 p.m., three fire companies were on the scene battling the blaze. Police also say that a smaller fire was reported in the same building on Saturday night, which caused little damage.

At the start of the fire, traffic was backed up nearly 4 miles on the 198 expressway going west toward the 190 Interstate and police had to shut down the Tonawanda street exit because the road is too close to the fire.

At one point, traffic on the 198 was moving so slow, at least a dozen people were seen getting out of their cars and walking down the expressway to watch the fire. That prompted as many as 10 police cars to be dispatched to the scene to force individuals back into their cars and close off one of the 2 lanes on the westbound side.

One woman, who wished not to be named as she is close to the owner of the warehouse, said the building is filled with “classic cars, forklifts, and money” and that owner “does not have insurance” coverage on the property. The building is not considered abandoned, but firefighters said that it is vacant.

Officials in Fort Erie, Ontario were also swamped with calls to fire departments when the wind blew the smoke over the Niagra River and into Canada.

It is not known what caused the fire, but a car is suspected to have caught on fire and there are reports from police and hazmat crews, that there were also large barrels of diesel fuel being stored in one building. Firefighters say the cause of the blaze is being treated as “suspicious.” The ATF is investigating the fire and will bring dogs in to search the debris.

Sunday, April 3, 2005

Volunteers from across the United States and some foreign countries gathered Friday to start an unofficial border patrol project.

They converged on the town of Tombstone, Arizona to take part in what organizers call the Minuteman Project.

Many came with personal firearms, cell phones or walking canes.

Most estimates numbered the group at 400 to 450 people, recruited from the Internet, far less than the 1,300 the organizers had hoped for, but “it was enough to send a message,” according to Rep. Tom Tancredo, R-Colo.

“The federal government has walked away from this border,” he told some volunteers. He gained support and popularity for his stance against illegal immigration, but was characterized as anti-immigration in general.

“We are here to exercise what is a basic American right: free speech and the right to assemble,” he said.

Local citizens such as Luis Martinez, a third-generation Tombstone-area resident, were very unhappy with the developments. “They’ve come here to cause problems — to fight. Not to solve problems.

“I work in a ranch and all the ranchers use labor from the other side” of the border.

As Martinez fought back tears, he said he wanted to see the throngs leave Tombstone and go home.

During speeches delivered at orientation meetings, Rep. Tancredo was applauded loudly as he dismissed criticism from those who have called the volunteers racists and xenophobes. His fellow [[Republican Party (US)|Republican}}, President George Bush, described the group as “vigilantes.” Mexican President Vicente Fox used the term cazamigrantes — immigrant hunters.

Tancredo said: “We are saying to our government, ‘Please enforce the law,’ That is not a radical idea. That is not a vigilante idea. It is an American concept: the rule of law.”

Many of the volunteers, some from as far away as Italy, are bedding down in the nearby Miracle Valley Bible College for about $5 a night. Others are camping on the grounds of the run-down campus, about two miles north of the border.

Opposing sides were on the streets in Tombstone, although it appeared there was little contact or friction. Local, state and federal officers had mobilized in case confrontations arose.

James Gilchrist, a former Marine and a retired accountant from Aliso Viejo, Arizona, who ran the sign-up effort, said he expected more than 1,000 volunteers to help highlight the 30-day effort. The project’s goal is to patrol 23 miles of the San Pedro Valley, watch the border, and report illegal activity to law enforcement officials.

Many people fear that the project could result in vigilante violence. Organizers hope it causes the U.S. government to increase border patrols.

Tombstone is best known as the site of the 1881 shootout at the OK Corral.

Friday, July 20, 2007

On Friday, a group of hikers and 18 boy scouts were airlifted by helicopters away from a wildfire in Nephi Canyon, Utah. The hikers and scouts escaped into a rough rocky area to keep a safe distance from the dangerous wildfire after it advanced on their campground.

The wildfire started in a campground in Salt Creek Canyon, 85 miles from Salt Lake City, and has burned 13,000 acres across 20 square miles as of Friday. The fire has burned a campground and motel, and forced the evacuation of all campgrounds and cabins in its path.

Wednesday, December 21, 2011

Former Salt Lake City mayor and human rights activist Rocky Anderson took some time to discuss his 2012 U.S. presidential campaign and the newly-created Justice Party with Wikinews reporter William S. Saturn.

Anderson served as mayor of Salt Lake City for eight years (2000–2008) as a member of the Democratic Party. During his tenure, he enacted proposals to reduce the city’s carbon emissions, reformed its criminal justice system, and positioned it as a leading sanctuary for refugees. After leaving office, Anderson grew critical of the Democratic Party’s failure to push for impeachment against President George W. Bush, and for not reversing policies on torture, taxes, and defense spending. He left the party earlier this year and announced that he would form a Third party.

Anderson officially established the Justice Party last week during a press conference in Washington D.C.. He proclaimed “We the people are powerful enough to end the perverse government-to-the-highest-bidder system sustained by the two dominant parties…We are here today for the sake of justice — social justice, environmental justice and economic justice.” The party promotes campaign finance reform and is attempting to appeal to the Occupy Wall Street movement. It is currently working on ballot access efforts, and will hold a Founding Convention in February 2012 in Salt Lake City.

Among other issues, Anderson discussed climate change, health care, education, and civil liberties. He detailed his successes as mayor of Salt Lake City, stressed the importance of executive experience, and expressed his views on President Barack Obama and some of the Republican Party presidential candidates. He spoke in depth about former Massachusetts governor Mitt Romney, with whom he worked during the 2002 Winter Olympics, and fellow Utahan, former governor and U.S. ambassador to China Jon Huntsman, Jr..

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