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Friday, April 15, 2005

The last British-owned volume car manufacturer, MG Rover, has closed down, with the loss of 5,000 jobs.

International accounting firm PriceWaterhouseCooper was brought in last week to put the company into administration. Today PwC announced that MG Rover’s only hope, the Chinese car company SAIC, had no interest in buying the ailing firm. With no further source of revenue, PwC has closed the company’s factory in Longbridge, Birmingham and has laid off 5,000 workers.

Some 1,000 workers will continue for a while to complete the remaining cars left on the production line.

The BBC reported PwC joint administrator Tony Lomas as saying “We’ll explore what we would describe as the break-up of the business, we will carry on with the interested parties who want to talk about pieces of the business.”. PwC said around 70 offers for various parts of the company had been made but no serious offers of money made.

Recent efforts to save the company had been centered on convincing SAIC (Shanghai Automotive Industry Corp.) to buy the company as a going concern, but the Chinese company stated it would only buy the company if it’s financial position could be guaranteed to be secure for at least two years. The British government could not make such a commitment due to European Union trade and competition rules.

The SAIC company did buy the designs for the 75 and 25 models and for the K-Series engines for £67m.

The Rover car company has a long but troubled history. It was formed in 1968 after a series of mergers of existing car manufacturers, and was nationalized in 1975 after it ran into financial difficulties. In 1979 a long-running deal to collaborate on developing new vehicles was established with the Japanese company Honda. In 1988 the company was privatized and was bought by British Aerospace. In 1994 British Aerospace sold the business to BMW, who then sold the Land Rover brand to Ford and finally sold the company in 2000 for just £10, retaining the well-known Mini brand for themselves. The MG Rover company was run by a private group until its collapse.

MG Rover has not launched a new model since the 75 was introduced in 1998 during the period of ownership by BMW. Their next newest model was the 25, originally launched as the 200 series some ten years ago. Rover also produced the 45, which dates from 1990, and the ZF sports car first launched in 1995. Sales of Rover cars accounted for just 3% of the UK car market in 2004.

Tony Blair announced a £150 million support package for the recently unemployed workers of the MG Rover plants, though it has been claimed that his generous offer may be more as a result of the nearby marginal seats in the upcoming elections than compassion on his part.

Sunday, December 5, 2010

Much of the interior of New South Wales, Australia continues to be affected by floods caused by heavy rains. With more rain predicted, the Australian Bureau of Meteorology has issued a flood watch for all western flowing rivers in New South Wales from the Namoi River in the north of the state to the Murrumbidgee River in the south.

Coonamble, in the central-western plains district of New South Wales, has been isolated by major flooding of the Castlereagh River. The State Emergency Service estimates that around 2,760 people are currently trapped in Coonamble. Mudgee, Canowindra, Eugowra, Dubbo, Wellington, and Young have also been severely affected.

A number of major highways in Western districts of the state have been closed or had diversions put in place, including the Newell Highway near Mirrool Bridge, the Castlereagh Highway between Gilgandra and Walgett, the Oxley Highway between Gilgandra and Warren, and the Lachlan Valley Way between 28km north of Cowra and 6km South Of Gooloogong. A number of local roads have also been affected.

Emergency Management NSW has declared the local government areas of Mid-Western Region, Weddin, Wellington, Warrumbungle, Cootamundra, Coonamble, Harden, and Young as natural disaster areas where significant damage to property and infrastructure has occurred.

Evacuation orders have been issued for parts of Wagga Wagga and parts of Coonamble due to flooding.

The SES is advising people who require assistance due to flooding to call 132 500 and to contact 000 for life threatening emergencies. For road closure information, residents are encouraged to contact their local council.

Monday, October 11, 2010

British journalist Andrew Marr has angered bloggers by suggesting they are “inadequate, pimpled and single.” Marr, who was formerly the BBC’s political editor, also said that citizen journalism is “spewings and rantings of very drunk people late at night”. He made the comments at the Cheltenham Literary Festival, saying: “A lot of bloggers seem to be socially inadequate, pimpled, single, slightly seedy, bald, cauliflower-nosed young men sitting in their mother’s basements and ranting. They are very angry people.”

Marr, who now hosts a flagship Sunday morning show, The Andrew Marr Show, on which he has recently interviewed British Prime Minister David Cameron and ousted BP executive Tony Hayward, added: “OK – the country is full of very angry people. Many of us are angry people at times. Some of us are angry and drunk”. His comments sparked outrage from bloggers, one of whom dismissed them as “stupid generalisations.” Another said that they were “sure that Andrew Marr did not mean all bloggers, but it is unfortunate that he did not seem to make much of a distinction in his statement.” Another blogger, writing on Twitter, said they supported Marr’s arguments. “Just read Andrew Marr’s comments on blogging,” they said. “I blog and I agree with most of what he says. I don’t read blogs for news, doubt I ever will.”

Other journalists also criticised the comments. Krishnan Guru-Murthy, a newscaster for Channel 4 News, said that it is “true that flicking through the comment section of some political blogs can easily make you think the blogosphere is populated by obnoxious trolls. But there are plenty of thoughtful, insightful people writing online too: you just need to find them. They might not be household names, or worthy of a slot on Radio 4, but to dismiss them out of hand seems wrong. As for bloggers being ‘inadequate, pimpled and single,’ that’s no way to talk about Jon Snow. He isn’t single.”

“We know our viewers want commentary and analysis alongside their news and our blogs help us give more of that,” Murthy said. “Obviously we can’t give opinion in the way bloggers who aren’t also public service broadcasters can, but we enjoy reading other people’s opinions and the best blogs are much more than rants, often breaking stories, too. And anyway, I like reading the occasional rant. But as a blogger if you offer up something to the wider world you should expect people to say what they think of it.”

Roy Greenslade, a professor of journalism at City University London, and former editor of the Daily Mirror, said: “Aside from the paradox of him indulging in a rant to complain about other ranters, it is the one-sidedness of his argument that is so striking. None of us who write blogs are unaware of vituperative contributions from people who like to remain anonymous … It’s the price we [bloggers] pay –a small price, in my view– for a communications system that allows for public participation.” Greenslade added that he thought Marr “seems to be damning the whole blogosphere when, as we all know, there are thousand upon thousand of bloggers who are making valuable public interest contributions on the net day by day, even hour by hour. Marr, to use an archaic but apposite idiom, simply can’t see the wood for the trees.”

A compilation of brief news reports for Sunday, April 15, 2007.

Writing in PPR, the Institute of Public Policy Research’s journal, Jasper Gerard has argued that, “When it comes to booze, society seems to have lost its senses,” and implies the UK has lost-the-plot on alcohol regulation.

The claim in comes alongside calls for ‘tough-love’ tactics to tackle the UK’s drinking culture in which a fifth of 11-15 year olds drink alcohol at least once a week.

Amongst the recommendations, is the idea that the legal drinking age, in the UK, should be raised to 21. Gerard states that with such a move, “it is at least possible that those in their early and mid teens will not see drink as something they will soon be allowed to do so therefore they might as well start doing it surreptitiously now.”

Both industry, and alcoholism support groups have already challenged Gerard’s comments.

Sources

• “Call to raise drinking age to 21” — BBC News Online, Sunday, 15 April 2007
• Jasper Gerard. “From mother’s milk to alcopops is too short a step” — The Observer, April 15, 2007

A flash flood sent a torrent of water rushing over two waterfalls in southern Thailand. More than 100 tourists and people celebrating Songkran (Thai New Year) were cooling off in the water beneath the falls. “Seven more dead bodies were brought to hospital this morning, bringing the death toll up to thirty-five,” said Sinchai Rongdej, the hospital director at Yantakhao district. Fifteen of the dead were children. Thirty-four of the confirmed dead were Thai, Sinchai said, while one of the victims was a Laos national. Latest reports from the Bangkok Post indicate that the death toll had risen to 39 by Sunday nightfall, including 17 children. Of those injured, 25 have so far been discharged from hospital..

Provincial governor, Arnon Manasvanich said, “The search is continuing, but my belief is we might find more bodies of women and children as they couldn’t escape in time.”

“We are still searching in the hope of finding survivors — we do have hope left,” said Colonel Sonthichai Awatanakulthep, Yantakhao police chief. In a later statement, Trang Province police Major-General Kachorn Siriwan admitted that at least 30 people were still missing.

Sources

• “Update: Killer flash floods devastate Trang celebrations” — Bangkok Post, April 15, 2007
• “Thai flash-flood deaths reach 35” — BBC News Online, April 15, 2007
• “Thailand searches for flood survivors” — Brisbanetimes.com.au, April 15, 2007

Five Iranians captured in January by the United States during a security operation in Erbil, Iraq are continuing to be held by US authorities, despite objections from the Iranian government.

BBC News reported that US Secretary of State argued for the their releaseon the grounds they were “no longer useful,” but was overruled by the White House. Iran claims the five captured are diplomats, while the US maintains that they are members of the Revolutionary Guard and were supplying arms, money, and military training to Iraqi insurgents.

However, since that report, Iran said it has received some signals concerning the possible release of the five Iranians, state television reported.

Related news

• “US raids Iran ‘liaison office’, Russia says it is unacceptable” — Wikinews, January 12, 2007

Sources

• “US ‘will keep Iranian detainees’” — BBC News Online, April 15, 2007
• AP. “Iran: Signals on 5 Diplomats” — The Washington Post, April 15, 2007

Sunday was another violent day in Baghdad. Bomb attacks on a market place and a mini-bus, claimed the lives of as many as 35 people in Shi’ite neighborhoods of Iraq’s capital city.

Two car bombs went off within minutes of each other at a market place in the al-Shurta al-Arabaa district. The second bomb may have been targeting rescuers. At least eighteen are dead and many wounded.

In Kadhimiya in northern Baghdad, a suicide bomber boarded a minibus. Six were killed and eleven wounded when the explosives belt detonated.

In Karrada, an affluent neighborhood of Baghdad, a parked minibus blew up in a street with electronics shops, possibly targeting a police patrol. Five were left dead and another ten injured.

Separately, two British Puma transport helicopters crashed after they reportedly collided. Two crew members were killed.

Sources

• “Bomb attacks strike Iraqi capital” — BBC News Online, April 15, 2007
• Paul Tait. “Baghdad bombs kill 26, British helicopters crash” — Reuters, April 15, 2007

Wednesday, December 27, 2006

At least 68 different pieces of luggage has been found behind a pet store inside a garbage dumpster in Houston, Texas. The luggage came from several different international flights and authorities do not know how they got there or if the contents of the luggage have been stolen.

“We’re going to be investigating and the authorities are going to be investigating,” said spokeswoman for Continental Airlines, Mary Clark. All luggage was handed over to Continental Airlines.

The luggage is reported to have been sifted through, and most pieces have come from all over the world. The luggage is reported to have come from Bush Intercontinental Airport. Some pieces of the luggage have name tags and Clark states that “we’re trying to reach whoever we need to let them know the bags are there.”

Officers with the Houston Police Department are in charge of the investigation. The luggage was found by individuals who own the pet store.

The FBI has stated that the bags do not pose any danger.

Sunday, March 13, 2011

Amongst the aftermath of a magnitude 8.9 earthquake which struck on Friday, followed by a tsunami, Naoto Kan, the prime minister of Japan, claimed that the country is experiencing its largest difficulties since the end of World War II in 1945.

“The current situation of the earthquake, tsunami and the nuclear plants is in a way the most severe crisis in the past 65 years since World War II,” Kan said. Speaking on television, he stated that “[w]hether we Japanese can overcome this crisis depends on each of us. I strongly believe that we can get over this great earthquake and tsunami by joining together.”

Kan reported that there were limited supplies of electricity due to the closure of numerous power stations, including a nuclear power plant located in Fukushima Prefecture. According to NHK, a broadcasting organization in Japan, approximately 310,000 individuals have been transported to safety in shelters that, in various cases, do not contain electricity.

The Government of Japan has reported the deaths of one thousand individuals, although thousands of others have not been taken into account. The police have claimed that the death toll in the Miyagi Prefecture as a result of the earthquake and tsunami could be in excess of ten thousand. 100,000 troops – which equates to approximately 40% of the country’s armed forces – are said to have been committed to assisting with the survivors of the disasters.

The nuclear agency of Japan consider the circumstances at the Fukushima I Nuclear Power Plant to be Level 4 on the International Nuclear Event Scale, which is an accident with local consequences. According to BBC News Online, incidents like this usually cause one person to die from causes related to radiation. No individuals from the power plant are reported to have died.

Sunday, October 5, 2008

Independent U.S. presidential candidate Ralph Nader had harsh words for the Democrats who engineered yesterday’s passage of the Emergency Economic Stabilization Act of 2008, a bailout of the U.S. financial system. At a campaign stop in Waterbury, Connecticut on Saturday, Nader said that Democrats passed up a chance to enact re-regulation of the financial system and instead gave Wall Street everything it wanted.

According to Nader, Senator Chris Dodd (D-CT), Representative Barney Frank (D-MA), and other Democrats considered but rejected measures such as a tax on transactions of derivatives (a “speculation tax”) because of their financial ties to Wall Street and its lobbyists. He said that Representative Chris Murphy (D-CT), who represents Waterbury, had “become a toady” of Nancy Pelosi. He drew enthusiastic applause by calling Murphy “a dynamic fraud”, and referred to Senator Joe Lieberman as “the Hermaphrodite of American Politics”. For Murphy and Representative Chris Shays (R-CT), Nader said, supporting the bailout despite the opposition of constituents was a “profile in betrayal”. Because there were no public hearings where taxpayers and experts could weigh in on the bailout, Nader characterized it as a return to “taxation without representation“—under “King George IV” 225 years after the 13 colonies were taxed under King George III.

Asked about causes of the financial crisis, Nader pointed to the deregulation of the financial sector with the 1999 Glass-Steagall Act and further deregulation in 2000, as well as the rise of overly complex financial derivatives. He outlined a four-part reform plan:

1. Re-regulation of financial markets
2. Increasing shareholder control of corporations
3. Taxpayer equity as part of any bailout, as in the 1979 bailout of Chrysler Corporation
4. Making speculators pay by enacting a 0.1% tax on derivatives transactions (which Nader said will amount to over $500 trillion this year)

Regarding the equity warrants included in the passed bailout, Nader relayed word from an unnamed source that Treasury Secretary Henry Paulson had told Wall Street executives “don’t worry, it’s not enforceable”.

Nader told reporters that he had abandoned the Green Party because “Greens are not disciplined, and they’re not mature”, and also lack the fund-raising capabilities to break into mainstream political discussions. “They bicker and bicker,” he said, pushing out their best people. However, he endorsed several local Green Party candidates, including Chris Murphy’s opponent Harold Burbank.

The virtual media blackout for third party campaigns by national newspapers and networks has been a source of continual frustration for the Nader campaign, as well as the campaigns of Libertarian Bob Barr and Green Cynthia McKinney and the post-campaign activities of Republican Ron Paul. According to Nader, reporters tell him that editors of national media are “very bigoted against third party and independent candidacies”. Even journalists for taxpayer-supported media, such as National Public Radio‘s Terry Gross and the Public Broadcasting Service‘s Jim Lehrer, have shut him out during this campaign. Debates, he lamented, are controlled by corporate interests through the Commission on Presidential Debates.

Nader spoke to a supportive crowd of about 60 people and his campaign raised over $2000 at the event, their third visit to Waterbury. The event took place in the former building of a closed-down bank.

Wednesday, February 6, 2008

In appearances before Congress on Wednesday, Defense Secretary Robert Gates and a top military official are expected to underscore decreased violence in Iraq. But they are likely to face strong questioning from lawmakers about ongoing war costs.

When President George W. Bush‘s budget for the 2009 fiscal year was sent to Congress this week, Secretary Gates defended the $515 billion request from the Pentagon.

In the overall figure, he noted, are billions of dollars to support U.S. military operations in Iraq and Afghanistan and the administration’s global war on terrorism. “A $70 billion emergency bridge fund that would cover war costs into the next calendar year,” he said.

The story behind that figure is the ongoing struggle between President Bush and the Democratic-controlled United States Congress over war funding.

Last year, the president asked for about $190 billion in a supplemental request outside the regular defense budget for war costs in the current 2008 fiscal year. The amount approved by Congress, just over $86 billion, left a large gap.

When Gates and military Joint Chiefs of Staff Chairman Admiral Michael Mullen appear before the House and Senate armed services committees, they will be pressed for harder cost projections, as Congress continues to assess the impact for the U.S. economy of the Iraq and Afghanistan conflicts.

White House Budget Director Jim Nussle was asked this week if the Bush administration has a realistic hope it can obtain its Pentagon regular budget and supplemental war funding requests from an opposition Congress. “It’s worth whatever we need to spend and we have made, I think, a very careful determination of what that is. So, I don’t believe it is just a negotiation point. I think it is what it takes for us to be safe, and to be the kind of super power that can maintain that safety,” he said.

Asked why budget figures do not appear to reflect a reduction in costs because of the eventual withdrawal of about 30,000 troops from Iraq to pre-military surge levels, expected to be complete later this year, Nussle would only refer reporters to the Pentagon.

And while the question of troop levels will be a key topic for lawmakers, in the context of questioning on the overall Pentagon budget, Gates may not provide much in the way of enlightenment.

Media reports quoting testimony prepared for the House and Senate hearings say he will point to what he calls significant variables weighing against making any realistic estimate of how much Congress may be asked for in the final year of the Bush administration.

Based on numerous supplemental requests for Iraq and Afghanistan in recent years, members of Congress expect the $70 billion bridge fund to be followed by additional requests to sustain U.S. forces.

As for the $100 billion or so in 2008 supplemental funds that has been held up by bickering between Capitol Hill and the White House, congressional Democrats are looking to testimony in April from the U.S. commander in Iraq, General David Petraeus.

That will provide Congress with an update on progress by Iraqi forces toward shouldering more of the security burden, what that means for U.S. troop numbers, and what Americans can expect to be paying as President Bush leaves office and a new administration takes over in 2009.