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.
US Homeland Security Department doubts credibility of New York subway threat
Posted: February 9th, 2023 by Admin
Wednesday, October 12, 2005
The US news agency CNN is reporting that the recent New York subway terrorist threat this past weekend was based on “false information.” The original tip lead to the arrest of three men in Iraq with suspected ties to the plot; however, under interrogation which included lie detector tests, investigators discovered they had no knowledge of any planned terror attacks on the New York subway system.
The Department of Homeland Security (DHS) was skeptical of the threat since it was first announced last week. More recently, Russ Knocke, a spokesman for the DHS, said “The intelligence community has been able to determine that there are very serious doubts about the credibility of this specific threat.”
Responding to the new comments from the DHS, New York City Mayor Bloomberg replied, “We’ve got to take every threat seriously and that is what we are going to do.” Even before the new questions about the tip’s accuracy, Mayor Bloomberg was already defending his decision to increase security and promised that the measures will remain in place for at least the near future. Mayor Bloomberg explained that, while he did not believe he made a mistake in calling for increased security, “If I’m going to make a mistake you can rest assured it is on the side of being cautious.” New York City Police Commissioner Raymond Kelly agreed, adding, “We did exactly the right thing.” Critics of Bloomberg have charged that the threat was a bid to “look strong” in support for his upcoming re-election attempt.
Wikinews interviews Goronwy Price about the upcoming by-election in the Bradfield electorate of the Australian parliament
Posted: February 8th, 2023 by Admin
Thursday, December 3, 2009
With two federal by-elections coming up in Australia, many minor parties and independents will be looking to gain a seat in the House of Representatives. Goronwy Price is a candidate representing the Environmentalists for Nuclear Energy party.
Mr Price is an environmentalist, adventurer and businessman from the Sydney suburb of Cremorne.
“In 1975 I founded the adventure travel company World Expeditions and built it to be the world’s largest adventure organisation. I am currently Managing Director of Learningportal.com a successful software company I founded in 1997. We export software around the world.,” Mr Price said.
Wikinews reporter Patrick Gillett held an exclusive email interview with Mr Price, candidate for the Division of Bradfield.
However, Colbert said that he would only run in his home state of South Carolina as a favorite son. He also said that he would represent both major political parties: the Republicans and the Democrats. It is not known how far Colbert will go with his character during his electoral run.
Colbert has hosted The Colbert Report, a spin-off to another satirical television series, The Daily Show, since its creation in 2005. “I didn’t have a job back then. I wonder what it was like to have a job back then. I am sure I could ask a dentist or a surgeon. He would know.” On the show he plays a right-wing political pundit, based on real-life pundits such as Bill O’Reilly and Stone Phillips. Colbert has been credited with popularizing certain words such as “Truthiness”, meaning to believe something intuitively, without regard for actual facts, logic or evidence.
Filling in for New York Times columnist Maureen Dowd on Sunday, Colbert wrote: “I am not ready to announce yet — even though it’s clear that the voters are desperate for a white, male, middle-aged, Jesus-trumpeting alternative.”
Smith at the MTV awards ceremony, Sydney 2005.Credit: Foraggio (Some rights reserved)
Anna Nicole Smith, who was born as Vickie Lynn Hogan, was found unconscious in the Seminole Hard Rock Hotel and Casino in Hollywood, Florida in her 6th floor hotel room. One of her attorneys has confirmed that she was pronounced dead at a hospital less than an hour later. She was 39.
Paramedics are reported to have performed CPR on the actress and had to have breathing equipment inserted into her chest after a nurse found her passed out in her hotel room and witnesses say that Smith was receiving CPR while the ambulance took her to the hospital around 2:00 p.m. [EST]. Smith’s bodyguard is reported to have given Smith “cardiopulmonary resuscitation” before paramedics arrived.
“I can confirm that she is deceased. It’s as shocking to me as to you guys. I don’t know what the cause was. This is just tragic and that’s all you can say right now and I don’t know anything further,” said one of Anna Nicole’s lawyers, Ron Rale.
Smith was taken by ambulance to Memorial Regional Hospital and “checked in Monday [to the hotel] at 8 p.m. as a guest. She was due to check out tomorrow,” said cafe spokeswoman, Danielle Giordaano.
“Our rescue crews got there, and they were escorted to a bedroom, where they found a female alone in her room and unresponsive. We then began our normal protocol for dealing with a non-breathing individual. The victim never regained consciousness and we continued with CPR and all life-support methods right up until the time we delivered her to the hospital and then the hospital takes over,” said a spokesman for the responding paramedics team. Smith was pronounced dead at the hospital at 2:49 p.m. [EST].
According to Broward County Medical Examiner’s Office investigator, Edwina Johnson, an autopsy will be performed on Smith on Friday and that her death is currently being investigated. Authorities are not yet treating her death as a crime.
One of Smith’s attorneys, Howard K. Stern, is reported to have been staying with Smith in her room, but authorities have yet to locate Mr. Stern. Mr. Stern is identified by TRIMSPA as Smith’s husband.
“He was here with her. I don’t know where he’s at right now,” said Charlie Tiger the chief of the Seminole Police Department also adding that Smith’s 5 month old baby was not with them.
Smith was a spokeswoman for the company TRIMSPA when she passed, and TrimSpa has removed all content from their site for now, shutting it down and posting only a message in response to her death.
“Today, Anna Nicole Smith’s grief stricken and tumultuous personal life came to an end. Anna came to our Company as a customer, but she departs it as a friend. While life for Anna Nicole was not easy these past few months, she held dear her husband, Howard K. Stern, her daughter, Dannielynn Hope, her most cherished friends, beloved dogs, and finally, her work with TRIMSPA. Anna knew both the joy of giving life, and the heartache of losing a child. We pray that she is granted the peace that eluded her more recent days on earth, and that she find comfort in the presence of her son, Daniel,” said the statement on TRIMSPA’s website posted by Alex Goen, CEO and Founder of TRIMSPA.
Smith was rushed to the hospital in November of 2006 after she was suffering from symptoms of pneumonia. Smith’s son, Daniel Smith, died on September 10, 2006 shortly after Anna gave birth to a baby girl 5 months ago.
Smith was shopping for a new boat in Florida and reports say she felt ill and had a fever for at least a day.
Wikinews interviews Rocky De La Fuente, U.S. Democratic Party presidential candidate
Posted: February 3rd, 2023 by Admin
Thursday, March 31, 2016
Businessman Rocky De La Fuente took some time to speak with Wikinews about his campaign for the U.S. Democratic Party’s 2016 presidential nomination.
The 61-year-old De La Fuente resides in San Diego, California, grew up in Tijuana, and owns multiple businesses and properties throughout the world. Since getting his start in the automobile industry, De La Fuente has branched out into the banking and real estate markets. Despite not having held or sought political office previously, he has been involved in politics, serving as the first-ever Hispanic superdelegate to the 1992 Democratic National Convention.
De La Fuente entered the 2016 presidential race last October largely due to his dissatisfaction with Republican front-runner Donald Trump. He argues he is a more accomplished businessman than Trump, and attacks Trump as “a clown,” “a joke,” “dangerous,” and “in the same category as Hitler.” Nevertheless, De La Fuente’s business background begets comparisons with Trump. The Alaskan Midnight Sun blog described him as the Democrats’ “own Donald Trump.”
While receiving only minimal media coverage, he has campaigned actively, and according to the latest Federal Election Commission filing, loaned almost US$ 4 million of his own money to the campaign. He has qualified for 48 primary and caucus ballots, but has not yet obtained any delegates to the 2016 Democratic National Convention. Thus far, according to the count at The Green Papers, De La Fuente has received 35,406 votes, or 0.23% of the total votes cast. He leads among the many lesser-known candidates but trails both Senator Bernie Sanders who has received nearly 6.5 million votes and front-runner Hillary Clinton who has just shy of 9 million votes.
With Wikinews reporter William S. Saturn?, De La Fuente discusses his personal background, his positions on political issues, his current campaign for president, and his political future.
Canada’s St. Paul’s West (Ward 21) city council candidates speak
Posted: February 3rd, 2023 by Admin
Friday, November 3, 2006
On November 13, Torontonians will be heading to the polls to vote for their ward’s councillor and for mayor. Among Toronto’s ridings is St. Paul’s West (Ward 21). One candidate responded to Wikinews’ requests for an interview. This ward’s candidates include John Adams, Tony Corpuz, Joe Mihevc (incumbent), and John Sewell.
Polyurethane plastic substitute can biodegrade in seawater, say scientists
Posted: February 1st, 2023 by Admin
Tuesday, September 27, 2022
On Thursday, September 22, scientists at the University of California San Diego reported in the journal Science of the Total Environment that a type of polyurethane already used in biodegradable land-based products can also break down when immersed in seawater. This polyurethane is already used as a substitute for plastic in foams and shoes.
The research team performed their experiments at the Ellen Browning Scripps Memorial Pier and Experimental Aquarium. They cut the polyurethane into cubes similar in size and shape to those naturally formed by EVA plastics. They wrote that several types of marine bacteria and fungi stick to the polyurethane and break it down to its component chemicals, which they then consume for food. The polyurethane microbes had already made detectable progress when the scientists checked the samples after four weeks in the water.
“Improper disposal of plastic in the ocean breaks down into microplastics and has become an enormous environmental problem,” said study co-author Stephen Mayfield, director of the California Center for Algae Biotechnology. “We’ve shown that it’s absolutely possible to make high performance plastic products that also can degrade in the ocean.”
Humans deposit roughly 8 billion kg of plastic in the ocean each year, where it can be mistaken for food by marine organisms. Natural forces break the plastic into the small pieces that we call microplastic, while larger chunks form near-islands, such as the Great Pacific Garbage Patch. By mass, about half the patch is commercial fishing waste, such as discarded nets, but reducing the amount of post-consumer plastic in the ocean would still make a considerable dent in the planet’s plastic problem.
This type of polyurethane can be used to make flip-flops and parts of other shoes, which make up a large portion of the world’s plastic waste.