Monday, September 24, 2007

Doug Anderson is running for the Green Party of Ontario in the Ontario provincial election, in the Whitby-Oshawa riding. Wikinews’ Nick Moreau interviewed him regarding his values, his experience, and his campaign.

Stay tuned for further interviews; every candidate from every party is eligible, and will be contacted. Expect interviews from Liberals, Progressive Conservatives, New Democratic Party members, Ontario Greens, as well as members from the Family Coalition, Freedom, Communist, Libertarian, and Confederation of Regions parties, as well as independents.

Saturday, October 20, 2007

Some say history tends to repeat itself. Today marked a day in history, when 20 years ago, the United States Dow Jones Industrial Average market crashed, on what is known as ‘Black Monday‘. The crash sent the market tumbling down 508 points, losing nearly 24%. On Friday, the Dow Jones nearly broke that record when the market closed at -366.94 points, down almost three percent.

Several factors could be to blame for the loss, one being Turkey’s government approving a measure on October 18 to send Turkish troops into Iraq in an attempt to take out militants of the Kurdistan Workers Party (PKK). This sent oil prices skyrocketing to the highest prices in history, with the highest record being just over US$89.00, which was set on October 18.

Fears that the housing market in the U.S. has come to a standstill has also lead Caterpillar Inc., which manufactures and sells construction equipment to issue a warning that the standstill would cause profits to drop, and the American economy to be severely hurt. On Friday their stocks lost nearly six percent to close at $73.57.

Investors and experts of the markets are disturbed by the losses calling the situation ugly.

“It’s pretty ugly. A company like Caterpillar should be a poster child for global growth and benefits of the weak dollar. It makes you question: Is global growth really that strong? Has the earnings kick from the weak dollar played itself out?” said Bell Curve Trading chief strategy expert, Bill Strazzullo.

Others believe that the losses were a way of emotionally responding to the events of ‘Black Monday.’

“Some of the earnings reports were a little disappointing but not that bad. I think we’re responding emotionally to the 20th anniversary of the October 1987 stock market crash. I’d like to laugh except it hurts,” said T Rowe Price Head trader, Andy Brooks.

The NASDAQ also took heavy losses to close down 74.15 points or -2.64%, closing at 2,725.16. The S&P 500 was also hit hard, losing 39.45 points, or -2.56%, closing at 1,500.63.

Thursday, March 17, 2005

Studies of Mars point to evidence of the presence of liquid water on the planet’s surface and a vast amount of underground ice near the equator within the past few million years. Liquid water is believed to be a key ingredient for life, therefore the presence of water on Mars helps support chances of extraterrestrial life, reported the journal Nature today. In the studies, strong indications of glacial and volcanic activity were presented. The combined research on this subject, including a study in December 2004 indicating that five volcanoes were active as recently as two million years ago, justifies further search for signs of life on Mars scientists say.

A few million years is a mere minute on the geological timescale of Mars which has been around for 4.5 billion years.

The scarred surface of Mars cannot be attributed solely to asteroids. New images of the landscape taken by the High Resolution Stereo Camera (HRSC) on the European Space Agency’s Mars Express Mission show that flowing water, large glaciers and active volcanoes have also taken their toll on the face of Mars.

Some evidence collected by two Mars rovers that NASA sent to explore the planet shows that Mars was hotter and more humid millions of years ago than it is today. Also important were active volcanoes that can stimulate the forming of microbial life as they do here on Earth. Scientists recently discovered bacteria near the mouths of undersea volcanic vents on Earth where bacteria live off sulfur instead of oxygen and discharge methane as a by-product of their life cycle. Though controversial, the discovery of signs of methane gas in Mars’ atmosphere also interests researchers who believe it indicates the possibility of subsurface life.

Geologist James Head of Brown University led a group of researchers who examined landforms thought to be glacial during the Viking program in the 1970s. They found evidence that glaciers moved from the poles to the equator between 3.5 and 4 million years ago, suggesting that Mars is currently in an interglacial period.

A third study looked at an area of frozen water roughly the size of the North Sea that formed near the equator around five million years ago. It is now thought that the ice was once liquid water carried along by volcanic eruptions in a region known as Cerberus Fossae.

Researchers have long assumed water on Mars had all evaporated into the Martian atmosphere. A 1991 hypothesis, then considered outrageous by suggesting Mars was no stranger to floods, is now supported by recent findings. The HRSC data suggests water is still present both in liquid form and ice. Mars Express will deploy a special radar instrument in early May which should be able to detect water and ice even several miles beneath the surface.

Should water be found on Mars, the chances of finding life are great. Many extremophiles, bacteria living under extreme conditions such as extreme salinity or heat, have already been discovered on Earth. In February 2005, scientists announced the discovery of bacteria that survived in a state of frozen suspension for 32,000 years.

Likewise on Mars, a sample of ice could offer great insight into the evolution of the Martian environment and atmosphere. These discoveries may offer a great chance to get objective evidence for Mars research.

Tuesday, August 23, 2011

A former Marsh & McLennan Cos. executive has hit former New York Governor Eliot Spitzer with a $60 million defamation lawsuit over an online magazine article regarding an insurance bid-rigging scandal.

William Gilman, a former Marsh managing director, filed a complaint last Friday in the U.S. District Court in Manhattan, over allegations Mr. Spitzer defamed him in a Slate article published a year ago. A copy of the complaint was made public on Monday.

Gilman, who had a final insurance fraud charge dismissed in January, said Spitzer acted with “actual malice” by suggesting that he was guilty of crimes of which he was never accused.

Although he wasn’t named in the article, Mr. Gilman complained that Spitzer defamed him by writing that “Marsh’s behavior was a blatant abuse of law and market power: price-fixing, bid-rigging and kickbacks all designed to harm their customers and the market while Marsh and its employees pocketed the increased fees and kickbacks.”

“While Mr. Spitzer’s statements do not refer to Mr. Gilman by name, Mr. Gilman is readily identifiable as the subject of the defamatory comments,” said the complaint. “Mr. Spitzer was well aware of his own allegations as attorney general and the resolution of those allegations in favor of Mr. Gilman and yet, recklessly disregarded these facts.”

In 2004 Mr. Spizter, then the state’s Attorney General, announced an investigation into the practices at Marsh & McLennan, particularly fees paid by insures to brokers who place business with them. Gilman, who worked for the company at the time, was charged in 2005 with 37 counts of insurance fraud. Gilman’s final charge was dropped last January.

“I haven’t seen the lawsuit and so will not comment on it,” said Spitzer. “The illegalities rampant at Marsh & McLennan leading to their fine of $850 million and the multiple judicial findings of illegality are clear from the public record.”

Mr. Gilman is now seeking at least $10 million in compensatory damages; $20 million in general damages, including damage to his reputation; and $30 million in punitive damages.

Wednesday, March 8, 2006

The Congo’s population of Bonobo, or Pygmy, Chimpanzee (Pan paniscus) is dwindling, according to researchers.

Dr. Ino Guabini, a primatologist with the World Wildlife Fund reports that only about 5,000 remain in Congo. In 1984, their numbers were estimated at 100,000.

It is illegal to hunt Bonobos, but their meat is considered tasty; and is a traditional food in the Congo. The meat is often sent to expensive & secretive restaurants in Congolese cities.

The Bonobo is best-known for resolving squabbles through sex rather than violence. Rivals are greeted with genital handshakes and sensual body rubs. Fights are often settled with a “French kiss” and sex, either heterosexual or homosexual. Bonobo’s communication is primarily vocal.

DNA evidence suggests that the Bonobo and Common Chimpanzee separated just 500,000 years after they diverged from the last common ancestor with humans, between four to seven million years ago. Chimpanzees are the closest living relatives to humans, and are an important research model in both biology and psychology.

Saturday, November 13, 2010

A plane crash at about 6:00 pm local time yesterday at the Palm Beach International Airport in West Palm Beach, Florida killed four people. The aircraft involved in the incident was a twin-engine Piper PA-44 registered to FIT Aviation LLC, a Melbourne, Florida flight school.

According to the National Transportation Safety Board when the plane took off it encountered trouble with the left engine. It crashed into the tarmac, causing a fiery explosion. The dead have been identified as 26-year-old flight instructor Dheni Frembling, 21-year-old and 22-year old flight students Jordyn Agostini and 22-year-old Kristopher Henegar, and his 26-year-old brother Kyle Henegar.

The plane was flying a training flight from the Bahamas to Melbourne via Palm Beach when it crashed.

Friday, February 5, 2010

Japan’s Nikkei newspaper reported that Toyota is poised to recall 270 thousand gas-and-electric Prius vehicles (model ZVW30) sold in the US and Japan between May and December 2009, due to a flaw in the car’s anti-lock braking system.

Takayuki Fujimoto, a transport ministry official, said the government has yet to receive a recall notice from Toyota. “Nothing has been decided on whether we will recall or not”, he stated. Toyota cannot announce a recall in Japan until it notifies the ministry, but said it was currently discussing how to deal with the issue with Japan’s transport ministry and U.S. safety authorities.

Toyota has faced a US lawsuit alleging it covered up safety problems. The U.S. National Highway Traffic Safety Administration launched a formal investigation into the braking problems on Thursday after 124 complaints from consumers.

Since May 2009, two hundred thousand new Prius cars (model ZVW30) have been sold in Japan and another 103,200 in the United States.

Wednesday, June 20, 2007

A man who was trying to protect the driver of a vehicle that had hit a child pedestrian was killed by an angry crowd the evening of Wednesday, June 20, in Austin, Texas.

The man was identified today by Austin police as David Rivas Morales, age 40. The driver had just dropped Morales off at his sister’s townhouse moments before. Then while still in the parking lot, he allegedly bumped the toddler with the vehicle. The child was not injured and was not taken to the hospital. A group of 3 or 4 men confronted the driver and Morales came back to assist him. The assailants then turned on Morales. Police indicated the driver, who had escaped the scene of the crime, was cooperating with the investigation. Morales died at the hospital from injuries that included a cracked skull and brain hemorrhaging.

The neighborhood was crowded at the time with some 2,000 to 3,000 people who were participating in the annual Juneteenth celebration, which commemorates the day the emancipation of slaves was announced in Texas. It was not immediately known whether any of the attackers had been part of the celebration.

In a news conference on Wednesday, members of League of United Latin American Citizens called on the community not to assume the killing was racially motivated solely because Juneteenth celebrants are predominately African-American and the victim was Latino. Police officers stated that early reports were incorrect in implying thousands of potential witnesses, as investigations suggested only 10 to 15 people had been in the parking lot when the incident occurred and most of these were residents of apartments nearby.

Saturday, April 28, 2012

Mount Stromlo, Canberra — Earlier today, Capital Punishment, the Canberra based 50km and 100km mountain bike race, was unofficially won by Shaun Lewis in the 100km distance in about four hours. Official results are set to be announced tomorrow at cyclenation.com.au because of a minor computer glitch. In a parallel youth competition run as part of the event, Zoe Cuthbert won the girls 10 and 11 year old three lap event.

Last year’s event was marred by rain, but this year the weather was ideal with no precipitation. First time on site, paramedics Theodora Magar and Chris Runcher reported no serious injuries, only a few minor cuts and bruises with the exception of one dislocated collar bone. They were backed up by other medical personnel located on the course. Events started at 7:00 a.m. at Sparrow Hill for the 100km race and and on through Canberra’s downtown where the 50km started before going to the Black Mountain Reserve and the National Arboretum and ending at Mount Stromlo.

Capital Punishment was part of a series of seven races organized by CycleNation which between 6,000 and 8,000 total riders participated in. There were a variety of cyclists of different skill levels including former Australian national team members, casual cyclists like Michael Courtney and Tracey Kloos alongside youth cyclists like Zoe Cuthbert. 40 year old Courtney traveled from Sydney to ride, finishing the 50km race in about 4 hours, 30 minutes but not setting a personal best. He enjoys riding in Canberra and finds the pain of going up the hills worth the ride down. Kloos also participated in the 50km race as a member of the 20 strong Newcastle women’s based club, Newy Cogheads’s Team Torque Talk. In her second time in the race, she did not set a personal best.

Of the youth event, Cuthbert’s father Paul said his first place finishing daughter regularly participated in mountain biking events, with the sport being her primary one though she does play netball casually. The eleven year old was celebrating her birthday on race day.

Organizer Theo Grobler said most cyclists would be done by 3:00 p.m. Canberra Time (5:00 UTC) and that some would need the eight hours to complete the 100km course.

Another 50km and 100km race, the Convict 100, will be held in Australia in the Sydney area next weekend on Saturday with a start time of 6:00 a.m. Sydney Time (20:00 UTC).