European finance ministers at the G-20 meeting which opened Saturday, November 20th, are expected to discuss the current exchange rate of the euro vs. the dollar. The euro is currently trading high against the dollar, so that it takes around $1.34 (as of December 4, 2004) to buy one euro. This has the effect of making exports from Europe to the USA more expensive, increasing the likelihood that US consumers will buy from a non-EU country. The exchange rate is set by the currency markets, although it is heavily influenced by the current account status (ie. the balance of trade between countries).
Some European leaders want the United States to take action to increase the value of its exchange rate. The US though is seen as not wanting to do this, for two reasons:
A low dollar relative the euro means that all exports from the US to Europe are cheaper for Europeans to buy, increasing the likelihood that Europeans will buy US items and thus helping the US economy
Many actions which governments have done in the past to bolster unnaturally their currency have been fought by the market, and the market won. The most famous example is George Soros’ “breaking of the Bank of England”
One side-issue that this discussion might evoke is that of the exchange rate between the dollar and the Chinese yuan, which is fixed by China. Studies of this exchange rate using the concept of purchasing power parity (ensuring that a dollar traded to Chinese yuan will still buy roughly the same amount in China) show that the Chinese yuan has been around 50% undervalued for the past two years. This makes things from China on average 50% cheaper for a US consumer than they should be. US officials have throughout 2004 repeatedly called for China to end this practice. Normally it would end itself, i.e. even with a fixed exchange rate this process could only go on for so long before the entire Chinese market becomes valued differently. But since the Chinese central bank has been constantly lending money to the United States government (via the purchasing of US treasury bonds), that effect is mitigated.
Peter Ormond is running for the Green Party of Ontario in the Ontario provincial election, in the Hamilton Centre riding. Wikinews’ Nick Moreau interviewed him regarding his values, his experience, and his campaign.
Ormond did not answer three questions: “Which of your competitors do you expect to pose the biggest challenge to your candidacy? Why? What makes you the most desirable of all candidates running in the riding?”, “Are the property taxes in your riding at a fair level for the amount of services received in the municipality?”, and “Of the decisions made by Ontario’s 38th Legislative Assembly, which was the most beneficial to your this electoral district? To the province as a whole? Which was least beneficial, or even harmful, to your this riding? To the province as a whole?”
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.
What you are about to read is an American life as lived by renowned author Edmund White. His life has been a crossroads, the fulcrum of high-brow Classicism and low-brow Brett Easton Ellisism. It is not for the faint. He has been the toast of the literary elite in New York, London and Paris, befriending artistic luminaries such as Salman Rushdie and Sir Ian McKellen while writing about a family where he was jealous his sister was having sex with his father as he fought off his mother’s amorous pursuit.
The fact is, Edmund White exists. His life exists. To the casual reader, they may find it disquieting that someone like his father existed in 1950’s America and that White’s work is the progeny of his intimate effort to understand his own experience.
Wikinews reporter David Shankbone understood that an interview with Edmund White, who is professor of creative writing at Princeton University, who wrote the seminal biography of Jean Genet, and who no longer can keep track of how many sex partners he has encountered, meant nothing would be off limits. Nothing was. Late in the interview they were joined by his partner Michael Caroll, who discussed White’s enduring feud with influential writer and activist Larry Kramer.
China is protesting Japan’s plans to authorize gas and oil drilling in disputed waters in the East China Sea.
Chinese Foreign Ministry spokesman Qin Gang told reporters that China is protesting Japan’s plan to allow drilling for gas and oil in disputed waters in the East China Sea, characterizing the move as “a serious provocation”.
On Wednesday, Japan announced that they would begin processing applications to allow oil and gas drilling firms to explore in the disputed area, east of the “demarcation line” which has held up applications to drill in the area for decades.
“The Chinese and Japanese positions differ on that matter, but we need to continue talks from a big point of view, without inflaming conflicts, and to turn the sea of conflict into a sea of coordination,” Japanese Prime Minister Junichiro Koizumi told a news conference.
Qin Gang said that China reserved “the right to take further reaction,” according to Xinhua.
“China has never ever recognized and will never recognize the demarcation line,” Qin told reporters.
Japan’s exploration of the disputed zone could start early next month, and will be defended by Japanese military vessels, according to the Sydney Morning Herald.
New Zealand has received praise from the Secretary General of NATO for their role in Afghanistan.
Jaap de Hoop Scheffer, Secretary General of NATO has praised New Zealand’s role in providing security, and aiding with reconstruction in Afghanistan. He made the comments in Wellington during a three-day visit of New Zealand.
“The fact that we are in Afghanistan, and that we see New Zealand participation in Afghanistan is proof that we are fighting this fight together,” said Mr. Scheffer.
After talking with Mr. Scheffer, Prime Minister Helen Clark said “Later this year when the parliamentary elections are held in Afghanistan, the Bonn process will have run its course. We need to start talking with our partners in Nato, in the Afghanistan Government itself, about what is the post-Bonn process.”
Mr. Scheffer is scheduled for further talks with the Prime Minister, as well as other ministers and officials Wednesday. On Thursday he will address Victoria University’s Institute of Policy Studies and the Institute of International Affairs. He is the first head of NATO to visit New Zealand.
Mr. Scheffer will leave on Thursday for Australia and then Japan.
Rescue efforts in the San José Mine, on August 10. Image: desierto_atacama.Laurence Golborne, Mining Minister of Chile. Image: Ministerio Secretaría General de Gobierno de Chile.
The rescue of the Chilean miners trapped in the San José Mine in Copiapó, codenamed Operación San Lorenzo (San Lorenzo Operation), began on Tuesday night, at around 20:00 local time (23:00 UTC).
Florencio Ávalos was the first miner to be rescued, at 00:12 local time (03:12 UTC) on Wednesday. He was wearing a shirt signed by all his fellow miners. “The first miner is already with us. We saw it all, him hugging his wife Monica and his son Byron,” said President Piñera shortly after the first rescue. “We still have a long journey.”
“This will be recorded on every single Chilean heart forever,” Piñera added. “I hope the miners’ hope stay with us, just like the [February] earthquake victims’ [hope] and what the earthquake took off. We know that the disasters unite us all.”
All the 33 miners were rescued. The last miner, Luis Urzúa, was rescued at 21:55 Chile time (00:55 UTC). “It is a pleasure to be Chilean, [I’m] proud,” said Luis Urzúa to President Piñera. “In honour of the miners, their families, the rescuers […] let’s sing our national anthem. Viva Chile Mierda!,” said Piñera. Urzúa thanked Mining Minister Golborne and the First Lady Cecilia Morel for “fighting for their lives.” “I’m proud of my fellow miners,” Urzúa added.
Six rescuers, including a miner and a paramedic, descended to the miners’ shelter using the Fénix 3 capsule which was specially constructed for the rescue. They performed check-ups and talk with the miners before taking them back to the surface. The rescuers still don’t leave the mine.
The Fénix 3 capsules are 3.95 metres in height and weigh about 460 kilograms. They have an armour, an oxygen tube and a microphone. The occupants helmets contain an intercom to keep them in contact with the rescue team on the surface.
President of Chile Piñera assisted to the rescue. Bolivian President Evo Morales could not attend Carlos Mamani’s rescue. Mamani is the only Bolivian miner in the group.
A mass for the miners was conducted at 18:00 local time (21:00 UTC). The rescue takes between 15 and 20 minutes for each miner.
On Tuesday, Mayor of Copiapó Maglio Cicardini announced that the municipal schools in the city will have no classes this Wednesday “to transform the rescue of the Atacama’s 33 in a familiar meeting,” Radio Cooperativa reported.
“The miners will be taken to the Copiapó Regional Hospital for medical checkup, where they will have to stay for 48 hours,” Health Minister Mañalich said to Televisión Nacional de Chile.
Celebrations are taking place in several Chilean cities. In Santiago de Chile, people gathered in one of the most important points of the city, Plaza Italia. In Pichilemu, tens of cars are passing over its most important streets. In Copiapó, people gathered in its main square to assist a massive concert.
Rescue worker Patricio Sepúlveda inside the Fénix capsule, before descending to the miners’ shelter. Image: Hugo Infante / Government of Chile.
On August 5, 33 miners were trapped more than 700 meters (2,300 ft) underground, in the San José copper–gold mine, located about 40 kilometers north of Copiapó, Chile.
The youngest trapped miner is 19 years old, and the oldest is 63. There were several rescue attempts before reaching the miners’ shelter on August 22. The National Emergencies Office of Chile (ONEMI) released a list of the trapped miners on August 6, which included Franklin Lobos Ramírez, a retired footballer.
Chile is the worlds top producer of copper, according to The Economist. The San José Mine is owned by the San Esteban Mining Company (Empresa Minera San Esteban). The mine was closed down in 2007, after relatives of a miner who had died sued the company executives, but the mine was re–opened in 2008.
It was originally estimated that “it would take three to four months to complete the rescue of the trapped miners”. There were three plans to reach the miners: “Plan A” using a Strata 950 drill, “Plan B” using a Schramm T130XD drill, and “Plan C” using a RIG-422 drill. The first to reach the miners was “Plan B”, early on Saturday 9.
The last step of their rescue, announced by Health Minister Jaime Mañalich, was originally due to begin on Tuesday. Laurence Golborne, Minery Minister said “If it is possible, and the cement sets before and we don’t have any impediments to doing it, it would be wonderful,” in a press conference on Monday. The men will be extracted in a steel rescue capsule 54 cm (21 inches) in diameter.
On September 4, Chilean filmmaker Rodrigo Ortúzar announced plans to film a movie about the accident, called “Los 33” (“The 33”). The film will be released in 2011.
One miner is Bolivian, and the other 32 are Chilean.
Raúl Bustos, 40 years old, is an hydraulics engineer. He left his job in Talcahuano after the February 27 earthquake to work in the mine.
Daniel Herrera after his rescue. Image: Hugo Infante / Government of Chile.
Daniel Herrera, 27 years old, is a lorry driver. He has acted as paramedic assistant in the mine. He said to La Tercera “the miners were unhappy with the psychologist in the rescue team.”
Claudio Acuña, miner, is fan of the Colo-Colo football club. The BBC reports he is aged 56, but El Comercio says he is 44.
Pedro Cortez is aged 24. He joined the mine with his friend Carlos Bugueño. Cortez is an electrician, and lost a finger in the mine a year ago.
File:Juan Aguilar with President Piñera.jpg
Juan Carlos Aguilar after he was rescued with President Sebastián Piñera. Aguilar’s shirt says “In his hand are the depths of the earth. And the heights of the hills are his;” “His is the Honor and the Glory.” Image: Hugo Infante / Government of Chile.(Image missing from Commons: image; log)
A native of Los Lagos, Juan Aguilar is 49 years old. Aguilar is married to Cristy Coronado, according to El Comercio. Aguilar works as a supervisor.
Mario Sepúlveda is a 39 years old electrician native of Parral; he is married. He has been the spokesman of the most of the miners’ videos. Mario Sepúlveda was the second miner to be rescued, on Wednesday at 01:10 local time (04:10 UTC).
Víctor Zamora is a 33 years old auto mechanic. Zamora is married to Jéssica Cortez, who confirmed she was pregnant while he was in the mine.
Osman Araya is 30 years old, and married. He began working as miner four months before the accident.
Florencio Ávalos was the first miner to be rescued. Image: Government of Chile TV.
Florencio Ávalos is 31 years old. He is the brother of Renán Ávalos, who is also trapped in the mine. He worked as driver in San José. Ávalos filmed videos, sent later to his relatives.
Ávalos was the first miner to be rescued, on Wednesday at 00:10 local time (03:10 UTC).
Jorge Galleguillos, 56 years old, has worked all his life in the mine. He said in one video he was feeling unwell; he takes medication for hypertension.
Carlos Barrios is a 27 years old miner. His father, Antenor Barrios, told Agence France-Presse: “I find he’s very strong and has enthusiasm. He spoke loud and clear. I was excited.”
Franklin Lobos shortly after his rescue. Image: Gabriel Ortega / Government of Chile.
Franklin Lobos Ramírez is a 53 years old retired footballer. He played for Cobresal, Deportes Antofagasta, Club de Deportes Santiago Wanderers and Unión La Calera, and briefly for the Chile national football team. Lobos had worked as a truck driver in the mine.
Yonni Barrios, called “The Doctor”, is a 50 years old electrician. He has knowledge of first aid, and was given responsibility for monitoring the health of his colleagues. “I felt I was in hell,” Barrios said in a letter to his wife.
Carlos Bugueño, 27 years old, joined the mine with Pedro Cortez. Previously, he worked as a watchman.
Miner Vega after being rescued at 08:53 local time (11:53 UTC). Image: Hugo Infante / Government of Chile.
Alex Vega Salazar is a 31 years old heavy machinery mechanic. He is married to Jessica Salgado, and celebrated his birthday in the mine on September 22.
Ariel Ticona is a 29 years old miner. His wife, Margarita gave birth to his daughter on September 14. She was named Esperanza (Hope), at Ticona’s request.
Richard Villarroel is a 27 years old mechanic from Coyhaique.
Edison Peña is a 34 years old miner. “I want to go out soon,” he said on his first contact with his relatives. “I want to be free, I want to see the sun,” he added. He is a fan of Elvis Presley.
Claudio Yáñez is 34 years old, and works as drill operator.
José Ojeda leaving the Fénix capsule. Image: Hugo Infante / Government of Chile.
José Ojeda, 46 years old, is the master driller. Ojeda is widowed and diabetic.
Luis Urzúa is a 54 year old topographer. He is the shift-leader, and was the first miner to talk with authorities. He is known as Don Lucho among the miners. He draw plans of the area of the mine where they are trapped.
Urzúa will be the last miner to leave the mine.
José Henríquez is a 54 years old drill master. He is also an evangelical preacher, and has worked in mines for 33 years.
Víctor Segovia was the fifteenth miner to be rescued. Image: Hugo Infante / Government of Chile.
Víctor Segovia is a 48 years old electrician. He is in charge of writing down everything that happens in the mine.
Pablo Rojas is a 45 years old explosives loader. Married, he had been working less than six months in the mine.
Juan Illanes is a 51 year old miner. He was a sergeant in the Beagle border conflict between Chile and Argentina in 1978, the incident which almost provoked a war between the countries.
Illanes was rescued on Wednesday, at 02:07 local time (05:07 UTC).
Jimmy Sánchez, 19, is the youngest miner. He had been working in the mine for five months before the accident. His role is to check the temperature and humidity in the mine.
Samuel Ávalos is a 43 years miner. His wife Ruth said “he was addicted to the cocaine.” His role in the rescue is to check air quality in the area the miners are living. According to the BBC, “Ávalos has worked in the mine for five months.”
Mario Gómez, the oldest miner was rescued at 08:00 local time (11:00 UTC). Image: Hugo Infante / Government of Chile.
Mario Gómez, aged 63, is the oldest of the miners. He has worked 51 years as miner. His father was also a miner, and is nicknamed “El Navegao” (“The Sailed One”). He was thinking of retiring in November.
Gómez also wrote the message “Estamos bien en el refugio los 33” (“We are fine in the shelter the 33 [of us]”).
Segovia is 48 years old. He is married to Jessica Chille, who said “To hear his voice was a confort to my heart,” after talking with him for the first time in 24 days. His sister María, was nicknamed “La Alcaldesa” (“The Mayoress”) for her leading role at Campamento Esperanza. His father, Darío Senior, was trapped in a mine for a week, and suffered serious injuries after two other mining accidents, according to the BBC.
Carlos Mamani is a 23 years old heavy equipment operator. He is also the only non-Chilean miner; Mamani is Bolivian. He began working in the mine just five days before the accident.
He was rescued at 03:11 local time (06:11 UTC) on Wednesday.
Renán Ávalos after his rescue. Image: Gabriel Ortega / Government of Chile.
Renán Ávalos is a 29 years old miner, single, who had been working for five months in the mine before the accident. Florencio Ávalos is his brother.
Omar Reygadas is a 56 year old electrician. He began working in the mine shortly before the accident.
Esteban Rojas is a 44 years old miner. Rojas is married to Jessica Yáñez.
This year’s Leisure Taiwan trade show (a.k.a Taiwan Sport Recreation and Leisure Show) started yesterday, with 131 companies participating including sports media companies such as ESPN and VideoLand Television, businesses selling sports equipment and fitness clubs.
There were also a variety of sports being played in the arena built for the trade show. The events included a 3-on-3 basketball tournament, free style shooting, and bicycle test-riding. In addition, conferences discussed issues related to sports and physical education.
A major topic in the trade show was energy-efficiency and, as a result, bicycles and similar sports equipment were being heavily promoted.
Next Tuesday, companies from the electronics industry plan to promote their industry at “2008 Digital E-Park.” In previous years, organizations from the electronics industry have showcased their products at Leisure Taiwan instead of at the Digital E-Park, so this move has reduced the number of markets covered by Leisure Taiwan.
Large plume of black smoke and flames shoots from buliding on Boston Street. Source: Patrick Mannion
A two-story building caught fire yesterday afternoon on Boston Street in Lynn, Massachusetts. The fire engulfed the entire second floor and left nothing of the Essex County building.
According to a witness, the fire started while children were cooking french fries in an apartment on the second floor.
The fire took its toll on the firefighters, many were suffering from heat exhaustion. However, a tent was set up by a rehab truck, offering firefighters a chance to recover.
The building after the fire was mostly put out. Source: Patrick Mannion
The fire was finally put out, however, some portions of the structure did reignite with small flames. Firefighters climbed onto the roof and began tearing it open in order to find the source of the ignition. A ladder truck also sprayed down the roof.
According to a witness, the roof was a tarred double roof, which may have been a factor that caused the fire to be so troublesome.
The first floor consisted of storefronts for a convenience store and a video store. The second floor held apartments.
Approximate depiction of the estimated ash cloud at 18:00 UTC on 17 April 2010. The current forecasts are updated at London Volcanic Ash Advisory Centre site (Met Office, UK).Area in which aviation was endangered by volcanic ash. Situation estimated for April 15, 2010 at 18:00 UTC.
Hundreds of thousands of air travelers had their travel plans disrupted in Europe by volcanic ash from the Eyjafjallajökull eruption.
Tens of thousands of air travelers were stranded when all flights into and out of the United Kingdom were grounded, as it became one of the first nations to be affected. The grounding was even more extensive than that following the September 11 attacks of 2001 when only trans-Atlantic flights were canceled.
Eurocontrol released a statement saying “…most air traffic in the United Kingdom, Ireland, Denmark, Norway and Sweden is suspended.”
The grounding is because the volcanic ash drawn into the jet stream is of a particle size which allows it to remain aloft in the atmosphere. Ingestion of this foreign matter, because of its distribution, would lead to flame outs in all aircraft engines. The composition of the ash also means that it would first melt into glass if it were to enter the engine of an aircraft before solidifying again as it cooled. This could lead to damage to the compressors and fan blades, which would make it impossible to restart the engines, even if the aircraft were to exit the cloud.
The current contingency is informed by the experience of British Airways Flight 9, which on June 24, 1982 suffered just such complete engine flame outs when it flew through the plume of Mount Galunggung in Indonesia. In that case, the flight crew after many efforts was able to restart the engines, though one failed shortly after, and the aircraft landed without casualties.
The UK National Air Traffic Services (NATS) has stated that “restrictions will remain in place in UK controlled airspace until 1300 (UK time) tomorrow, Friday 16 April, at the earliest,” and that “We will review further Met Office information and at 0230 (UK time) tomorrow we will advise the arrangements that will be in place through to 1800 (UK time) tomorrow.” The NATS statement concluded “…the situation cannot be said to be improving”.
In addition to Northern Europe, the ash is drifting south; Berlin and Hamburg airports in Germany are closed, and airports in the Netherlands, Belgium and Northern France are described as now being closed or closing. Some flights from Spain and Portugal, together with upwards of 4,000 flights across Northern Europe, have been affected, and the knock-on effect of aircraft and crews out of position could disrupt air travel worldwide for up to 72 hours.
At least eleven people have died in a crash between a van and a tractor-trailer on Interstate 65 south of Munfordville, Kentucky. The collision occurred around 5:16 a.m. CDT (1016 UTC) yesterday morning near the 63-mile marker.
According to officials the tractor-trailer crossed the median and struck the 18 passenger van head-on. The truck then hit a rock wall and burst into flames. The driver of the truck is reported to have died along with ten passengers in the van. The family in the van were Mennonites from Kentucky on their way to a wedding in Iowa.
Officials said that one infant was killed but two other children in the van aged four and five that were in child restraint seats survived with minor injuries. Northbound Interstate 65 was to be closed until at least 4 p.m. CDT (2100 UTC) according to the Kentucky Department of Transportation.