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Monday, May 26, 2008

The 27th Young Designers’ Exhibition 2008, recognized by the International Council of Societies of Industrial Design (ICSID) as the largest show of student creations, recently ended Sunday May 18. It was held at the Taipei World Trade Center. Improvements and expansions were seen with 107 academical and industrial units. Different design competitions participated and showcased their products and also received awards.

It’s no doubt that companies related to design and cultural industries want to discover creative talents from academical units in this exhibition. However, most companies still try to showcase different conceptional and applicative products in order to promote Taiwan’s designs into the world market. A typical example is Fora Series, a photo-voltaic product series by the Tsann Kuen Trans-nation Group.

Before entering into their careers, students participated in this show and showcased varied styles that differ from the usual industrial businesspeople. To get more opportunities and in order to interact with the design and cultural industries, students also participated in vast competitions and tried to get the top places. Some students also tried to design conceptional products in conjunction with industrial designs, especially in some design competitions.

In summary, not only did the 2008 YODEX, have companies which can discover talents and showcase achievements of industrial design in the exhibition, but students can make their stages to showcase excellences from their creations in several competitions related to YODEX.

Saturday, October 27, 2007

Gay Talese wants to go to Iraq. “It so happens there is someone that’s working on such a thing right now for me,” the 75-year-old legendary journalist and author told David Shankbone. “Even if I was on Al-Jazeera with a gun to my head, I wouldn’t be pleading with those bastards! I’d say, ‘Go ahead. Make my day.'”

Few reporters will ever reach the stature of Talese. His 1966 profile of Frank Sinatra, Frank Sinatra Has a Cold, was not only cited by The Economist as the greatest profile of Sinatra ever written, but is considered the greatest of any celebrity profile ever written. In the 70th anniversary issue of Esquire in October 2003, the editors declared the piece the “Best Story Esquire Ever Published.”

Talese helped create and define a new style of literary reporting called New Journalism. Talese himself told National Public Radio he rejects this label (“The term new journalism became very fashionable on college campuses in the 1970s and some of its practitioners tended to be a little loose with the facts. And that’s where I wanted to part company.”)

He is not bothered by the Bancrofts selling The Wall Street Journal—”It’s not like we should lament the passing of some noble dynasty!”—to Rupert Murdoch, but he is bothered by how the press supported and sold the Iraq War to the American people. “The press in Washington got us into this war as much as the people that are controlling it,” said Talese. “They took information that was second-hand information, and they went along with it.” He wants to see the Washington press corp disbanded and sent around the country to get back in touch with the people it covers; that the press should not be so focused on–and in bed with–the federal government.

Augusten Burroughs once said that writers are experience junkies, and Talese fits the bill. Talese–who has been married to Nan Talese (she edited James Frey‘s Million Little Piece) for fifty years–can be found at baseball games in Cuba or the gay bars of Beijing, wanting to see humanity in all its experience.

Below is Wikinews reporter David Shankbone’s interview with Gay Talese.

Tuesday, July 12, 2005

Dramatic developments today have revealed new information about last Thursday’s bomb attacks on London. One person has been arrested after a series of raids in Leeds.

The four men alleged to be responsible for the bombings travelled by train from Leeds to King’s Cross on Thursday morning, where they were seen on CCTV at 8.30am. Three of them, likely British citizens of Pakistani origin, came from Leeds while another joined them en route. One of the three from Yorkshire was reported missing by his family at 10pm that evening.

Three of them then boarded underground trains. The fourth alleged bomber – the man reported missing from Leeds – died onboard the bus, but there are no clear reasons for why he did not follow the same pattern as the others. It has been confirmed that at least three of the four bombers died in the blasts. Forensic evidence and items belonging to all of the men were found in the debris of the target vehicles.

Police also found a car at Luton train station, which is on the route from Leeds to King’s Cross. A series of controlled explosions was carried out on the car. It is understood that one of the bombers drove equipment in the car to Luton, while the others travelled by train.

Materials used to make explosives were also found at one of the houses in Leeds.

A second car was found on the property of a recovery company in Leighton Buzzard; it had been ‘routinely recovered’ from Luton train station on the evening of Tuesday, July 12. Bedfordshire Police, working in conjunction with the Metropolitan Police and the British Transport Police, sealed off the area within a 50 metre radius of the vehicle. The area was re-opened at 9.30pm BST, although a police presence remained until the next day. It has not yet been revealed why the car was towed away or what was contained inside it.

Wednesday, February 22, 2006

Just five years ago, when Jimbo Wales founded Wikipedia, the project’s goal of 100,000 articles [1] seemed ambitious. Yet today, the project, now one of the top 25 websites in the world according to Alexa, is nearing closer 1,000,000 articles in English, and 3.5 million articles across all languages. This week, we interviewed Jimbo Wales.

Color-free version

Wikinews: Raul654 asks: “Recently, there were revelations about organized attempts by US Congressmen to whitewash their articles. What is your take on this, as well as earlier reports of Corporate astroturfing?”

Jimbo Wales: The question is invalid. There were no revelations of organized attempts by US Congressmen to whitewash their articles. Not any evidence of “corporate astroturfing” of which I am aware. There was evidence that some congressional staffers edited Wikipedia in inappropriate ways. But the internal evidence of the type and style of these edits do not suggest “organized attempts”.

WN: Nichalp asks: “Budget permitting, are there any plans to increase the number of Wikipedia servers, specifically into the less developed countries?”

JW: We are always buying new servers. There are no specific plans to add servers in less developed countries, but we have looked into it as a possibility. We are particularly interested in doing so if it helps increase access and reduce costs for those users.

WN: An anonymous reader asks: “How much of a role do you feel the Wikipedia community (and the communities of its sister projects) should have in the running of the Wikimedia Foundation? Do you see an increasing separation of the organization from the projects? If so, do you regard that as beneficial or a potential problem?”

JW: The community has always been and will always be absolutely crucial to the running of the Wikimedia Foundation. We are increasing the community input and activity in the foundation through a new series of committees to delegate things to community members which have traditionally been handled by me or the Board. I do not see any increasing separation of the organization from the projects, quite the opposite. I consider the increasing integration of the community and the foundation as overwhelmingly beneficial.

WN: ALoan asks: “English Wikipedia is approaching 1 million articles, but less than 1 in a thousand are Featured articles. The list of featured articles English Wikipedia should have has few featured articles, and recent surveys of articles chosen at random show that many articles are poorly written. How can we get from here to an encyclopedia of well-written articles? Or should we not worry too much about coverage and content?”

JW: We should be tightly focused on the quality of our coverage and content. The goal of Wikipedia is to create and distribute a freely licensed high quality encyclopedia. The path to that goal will require us to be flexible and thoughtful. The first steps will come soon with the article review system, which will initially be used simply to gather data. After we have data, we can begin to work on how we will focus our attention to improve quality.

WN: GeorgeStepanek asks: “You’ve said that ‘Wikimedia’s mission is to give the world’s knowledge to every single person on the planet in their own language.’ But very few of the wikipedias in the languages of third-world countries are seeing as much activity as the first-world language wikipedias. Do you have any ideas on how this could be turned around?”

JW: I am a believer in outreach. I would like for the Foundation to raise money specifically to pay one or more minority language co-ordinators. The goal would be to reach out in a more organized way to professors and graduate students and expat communities who have good Internet access, to seed projects for languages where the majority of speakers have poor internet access.

WN: Jacoplane asks: “How do you feel we will be able to reach Wikipedia 1.0? The tools currently available for vetting our articles are crude at best. The Featured article process seems too slow, and the article validation feature seems to have died a quiet death. Are you planning a big push on this front?”

JW: Isn’t that the same question as the quality question? The article validation feature has not died a quiet death at all.

WN: Quadell asks: “Most important decisions on Wikimedia projects are handled with consensus. However, we sometimes have to deal with legal issues, especially related to copyright law. For instance, we as a community may need to decide whether to consider a certain use “fair”, or how to deal with conflicting copyright claims. Dealing with this through consensus is problematic, since we can’t do something illegal even if there is widespread misguided support for it. In general, how can we as a community deal with these issues?”

JW: I don’t think there is any real problem with this. The community is strongly in support of following the law. I don’t know of any particular cases of widespread misguided support for something illegal. In particular cases, there can of course be [dis]agreement, but I have never seen anyone in the community argue that we should not listen to the advice of our legal team.

WN: Raul654 asks: “Where do you see Wikipedia in 10 years?”

JW: I don’t know. My favorite answer to this is to say, the real question is: where will the world be after 10 more years of Wikipedia. 🙂 Seriously, I think we’ll eventually see a tapering off of new article creation in the large language wikipedias as more and more “verifiable” topics are covered. At this point, most changes will be expansions and updates and quality improvements to existing articles. But in 10 years, it seems likely to me that many languages which are now quite small will have very large Wikipedia projects. Our community will continue to become more diverse as more and more people worldwide come online.

WN: Kevin Myers asks: “The values reflected in certain Wikipedia policies (anti-censorship, neutral point-of-view) are problematic in cultures where freedom of expression is limited, as the blocking of Wikipedia in mainland China and arguably the Muhammad cartoons controversy attest. As Wikipedia expands internationally, do you foresee Wikipedia becoming increasingly controversial in countries where “Western values” are seen as a potential threat?”

JW: I don’t think that neutrality and objectivity are really controversial among most people of the world. It is true that the leadership in some places does not value these things, and may actually work against these things, but we can not deviate from our goals to accommodate them.

WN: On a similar topic, Vsion asks: “Are there currently any efforts being undertaken by the Foundation to address the People’s Republic of China’s blocking of Wikipedia or to alleviate its effect?”

JW: Beijing-area Wikipedians are working to have the block lifted. Our position is that the block is in error, even given China’s normal policies. Wikipedia is not propaganda, it is basic information. We expect that the block will be lifted.

WN: David.Monniaux asks: “The Foundation receives daily accusations of libel from semi-well-known people who have an entry on Wikipedia or are mentioned in some Wikipedia entry. What do you propose? Would a strict application of the rule of citing controversial claims suffice, in your opinion?”

JW: Yes. I think that our current systems do a good job of addressing these sorts of complaints, although it is very time-consuming for us here in the office. What really works wonders is a very strict application of the rule of citing controversial claims particularly relating to biographies of living persons. The new policy on biographies of living persons is a very strong step in the right direction.

WN: Tony Sidaway asks: “In the past six weeks the number of userboxes on English Wikipedia has risen from 3500 to 6000 and, despite your appeals for restraint, the number pertaining to political beliefs has risen from 45 to 150. Can the problem of unsuitable userboxes still be resolved by debate?”

JW: My only comment on the userbox situation is that the current situation is not acceptable.

WN: Larsinio asks: “How can Wikipedia effectively explain to the public its open-contribution model without simultaneously worrying the public about inaccurate information?”

JW: I think we do a reasonably good job of that. The best thing is to point to our overall quality while at the same time pointing out that we are currently a work in progress. Over time, this answer will change as we move toward ‘1.0’. At that time, we can point to ‘1.0’ for those who are made nervous by the live editing.

WN: Rob Church asks: “Do you consider the encyclopedia to be ‘finished’? Do you think it ever can be?”

JW: Nothing is ever finished. Human knowledge is always growing.

WN: Raul654 and Pavel Vozenilek both asked, “What kind of cool new features/announcements can we expect to see in the next year or two?”

JW: I think this question is too hard for me to answer. I almost never “announce” anything, and features are developed publicly by the community. I think other people have a better idea than I do what will happen in the next year or two. 🙂 Ask Brion [Vibber].

WN: Celestianpower asks: “If you had not founded Wikipedia, and had just been referred to it by a friend, how active a contributor do you think you would be?”

JW: [I] dream fondly of such a scenario. I might actually get to edit articles then. Instead of spend the morning (this morning) documenting transactions and taking phone calls.

WN: OpenToppedBus asks: “The last fundraising drive was less successful than had been anticipated. Do you see a shortage of money holding back Wikipedia/Wikimedia in the short-to-medium-term, and are there any plans to bring in income from sources other than individual donations?”

JW: The last fundraising drive was more successful than had been anticipated, by a long shot. It was the most successful fund drive in our history. [Regarding a quoted goal of $500,000], Mav wrote something like that somewhere, in a scratchpad kind of way. That number was just a placeholder and had nothing to do with me or the official view of the foundation. He’s apologized repeatedly for it.

WN: Thryduulf asks: “What is your single greatest wish for Wikipedia?”

JW: I would have to just point back to our original goal: a freely licensed high quality encyclopedia for every single person on the planet. That’s what I remain focused on daily.

Saturday, March 5, 2005Simply massaging low birth weight babies with sunflower seed oil can protect them from potentially fatal infections.

Infections and complications from preterm birth cause more than half of all neonatal deaths, and very low birth weight babies are particularly vulnerable.

Preterm babies have immature skin that lacks a protective film called vernix that has antimicrobial properties.

In some countries, such as India, newborns are routinely massaged with mustard oil.

But mustard oil, says Gary Darmstadt of John Hopkins University in Baltimore, Maryland, can delay recovery of the skin barrier and have a toxic effect on skin.

Seeking an alternative low-cost product, Darmstadt and colleagues experimented with sunflower oil and an ointment called Aquaphor that comprises petrolatum, mineral oil, mineral wax and lanolin.

The researchers tested the treatments on 497 newborns (72 hours old or less) and preterm babies (less than 33 weeks gestation) between 1998 and 2003 in Bangladesh.

They applied the treatments to the entire body besides the scalp and face three times daily for the first 14 days and then twice daily until discharge.

Babies treated with sunflower oil were found 41% less likely to develop infections than controls.

“Evidence is emerging that the skin is much more important as a barrier to infection than previously recognized, particularly in preterm infants whose skin is underdeveloped,” says Darmstadt. “The good news is that treatment is available to strengthen the function of the skin as a barrier in these vulnerable newborns.”

Monday, June 2, 2008

Today, United States Senator Ted Kennedy underwent surgery for a brain tumor at Duke University Medical Center. Kennedy, 76, was diagnosed with malignant glioma, a common but dangerous form of cancer, after suffering a seizure on May 17.

Kennedy has met repeatedly with friend and medical advisor Dr. Lawrence C. Horowitz to plan a course of treatment. The first, of the major phases of that treatment has now been completed, and it is expected that chemotherapy and radiotherapy will follow.

“I am pleased to report that Senator Kennedy’s surgery was successful and accomplished our goals,” said Dr. Allan Friedman, the chief of neurosurgery at Duke, who performed the surgery. “After a brief recuperation, he will begin targeted radiation at Massachusetts General Hospital and chemotherapy treatment,” Friedman added.

In talks with the press, the senator has focused on his future beyond surgery. In a prepared statement issued by his office, Kennedy stated, “after completing treatment, I look forward to returning to the United States Senate and to doing everything I can to help elect Barack Obama as our next president.”

Friday, July 9, 2010

A California jury in a Humboldt County courthouse ordered nursing home operator Skilled Healthcare (SH) to pay $671 million (about €531 million) in a class action lawsuit from patients of SH’s 22 California facilities and their families. The jury found that SH failed to properly staff its facilities to comply with California state law.

The jury has not heard the case for punitive damages; however, it awarded the plaintiffs $613 million (about €484 million) in statutory damages. The remaining $58 million (about €46 million) was in restitution.

After the verdict was issued, Skilled Healthcare stocks plunged over 75% to a record low.

An official statement from SH says it “strongly disagrees” with the jury’s verdict. SH plans on filing an appeal to the decision. The company could possibly face bankruptcy because of this verdict.

One of the lawyers for the nearly 32,000 plaintiffs, Timothy Needham, claimed that inadequate staffing levels put SH’s patients at risk. He said, “The company knows that this lack of staffing causes a higher risk of problems for patients. Call lights don’t get answered, persons don’t get proper hygiene, persons don’t get their medications on time or the care they need.”

This lawsuit does not apply to SH’s facilities in Arizona, Iowa, Kansas, Missouri, Nevada, New Mexico, and Texas.

Friday, September 10, 2010

BP released their report into the causes of the Deepwater Horizon disaster earlier this year on Wednesday, and shifted much of the blame for the explosion and subsequent oil spill in the Gulf of Mexico, the largest accidental marine oil spill in the history of the petroleum industry, onto Transocean, the company managing the rig. The report concludes by stating that decisions made by “multiple companies and work teams” contributed to the accident which it says arose from “a complex and interlinked series of mechanical failures, human judgments, engineering design, operational implementation and team interfaces.” The report, the product of a four-month investigation conducted by BP’s Head of Safety Operations, Mark Bly, criticizes the oil rig’s fire prevention systems, the crew of the rig for failing to realize and act upon evidence that oil was leaking from the surface of the ocean, and describes how BP and Transocean “incorrectly accepted” negative pressure test results. The document goes on to note that the blow-out preventer failed to operate, likely because critical components were not operational.

Bob Dudley, who will become chief executive of BP, described the accident as “tragic”. He said, “we have said from the beginning that the explosion on the Deepwater Horizon was a shared responsibility among many entities. This report makes that conclusion even clearer, presenting a detailed analysis of the facts and recommendations for improvement both for BP and the other parties involved. We have accepted all the recommendations and are examining how best to implement them across our drilling operations worldwide.” The report included 25 recommendations, according to a press release, “designed to prevent a recurrence of such an accident.” The oil company has previously blamed Transocean and Halliburton, the well contractor, for the disaster and BP executives feel they have been unfairly blamed by US politicians for the disaster, and the report continues this view.

Tony Hayward, who was fired from the position of BP’s chief executive following multiple public relations issues, squarley places the blame for the disaster on Halliburton. “To put it simply, there was a bad cement job,” he said in a statement, also claiming that BP should not be the only company to take the blame for the explosion. “It would appear unlikely that the well design contributed to the incident,” he argues. The report blames the type of cement used by Halliburton, designed to prevent harmful hydrocarbons from reaching the seabed, as well as criticizing the crew of Deepwater Horizon, for failing to realize for forty minutes that oil had started to leak from the well, and once it was realized, the crew “vented” the hydrocarbons “directly onto the rig”.

Describing how the explosion, which killed eleven rig personnel, occurred, the report states that “the heating, ventilation and air conditioning system probably transferred a gas-rich mixture into the engine rooms,” where the hydrocarbons ignited and a fireball engulfed the rig. But, the report states, the blowout preventer, the ultimate failsafe on the Deepwater Horizon failed, likely due to the fire on the rig. An automated system was not operational because the batteries powering it, located in a control pod, had gone flat, and another control pod contained a faulty solenoid valve.

The report was likely, however, written with the company’s legal liability for the disaster in a prominent position, since they are facing hundreds of lawsuits and criminal charges as a result of the spill. The executive summary is four and a half pages long and the first page is made up entirely of legal disclaimers saying if BP was found to be negligent in their operations of the rig, they could be fined a good deal more.

Questions have also been raised as to why BP has chosen to release their report before authorities examine the blowout preventer. The energy editor of The Guardian, Terry Macalister, wrote that the “catalougue of errors – both human and mechanical” in the report “demolish” the oil industry’s “much quoted mantra” of safety first. “It may come first in the board room but it does not down at the wellhead where the real dangers are faced,” he wrote. “It is worth remembering that BP, its rig operator Transocean and the main well contractor Halliburton are the blue chip companies in the wider oil and gas sector. If the shoddy work practices highlighted here are what the best-in-class do, then what is happening in the lower reaches of this industry?”

Transocean described the report as a “self-serving” attempt to “conceal the critical factor that set the stage for the Macondo incident: BP’s fatally flawed well design. In both its design and construction, BP made a series of cost-saving decisions that increased risk – in some cases, severely.” In a statement, the company listed five issues they felt had contributed to the disaster that were no fault but BP’s. “Transocean’s investigation is ongoing, and will be concluded when all of the evidence is in, including the critical information the company has requested of BP but has yet to receive.” Members of Congress, who are also carrying out a review into the disaster, also dismissed the report. Ed Markey, the Massachusetts democrat who has been investigating the spill in Congress, said that he felt the report was simply a lengthy defense of the oil company’s handling of the spill. “BP is happy to slice up blame, as long as they get the smallest piece,” he said.

Bly acknowledged during a press conference in Washington that the report did not detail the charges raised against the company in Congress and that BP permitted a culture of recklessness to flourish. He did, however, reject suggestions that cost-cutting had put lives at risk and the rig was a disaster waiting to happen. “What we see instead is, where there were errors made they were based on poor decision-making process or using wrong information,” he said. The Guardian reported that “the report is narrowly focused on the final days before the explosion rather than on earlier decisions about well design and safety procedures. It is also closely focused on the rig itself. No BP officials have been sacked for their role in the explosion, and Bly said there was no indication of any blame beyond the well-site managers.”

The Associated Press reported that Bly “said at a briefing in Washington that the internal report was a reconstruction of what happened on the rig based on the company’s data and interviews with mostly BP employees and was not meant to focus on assigning blame. The six-person investigating panel only had access to a few workers from other companies, and samples of the actual cement used in the well were not released.” The report continued, “Steve Yerrid, special counsel on the oil spill for Florida Gov. Charlie Crist, said the report clearly shows the company is attempting to spread blame for the well disaster, foreshadowing what will be a likely legal effort to force Halliburton and Transocean, and perhaps others, to share costs such as paying claims and government penalties.”

Head of Greenpeace’s energy campaign Jim Footner said that it was “highly likely that a truly independent report would be even more damning for BP.” However, he said, “the real problem is our addiction to oil, which is pushing companies like BP to put lives and the environment at risk. The age of oil is coming to an end and companies like BP will be left behind unless they begin to adapt now. The time has come to move beyond oil and invest in clean energy.” Alfred R Sunsen, whose oyster company operating in the Gulf of Mexico is facing the prospect of going out of business after 134 years, reacted angrily the the report. “The report does not address the people, businesses, animals, or natural resources that have been impacted by the disaster and will be dealing with the consequences of their inadequate and slow response to the disaster,” he said. The New York Times said that the report is “unlikely to carry much weight in influencing the Department of Justice, which is considering criminal and civil charges related to the spill,” and described it as “a public relations exercise” and a “probable legal strategy as it prepares to defend itself against possible federal charges, penalties and hundreds of pending lawsuits.”

Wayne Pennington, head of the geological engineering department at Michigan Technical University, also alleged that BP was wrong to blame other parties involved with the disaster. “The blowout and subsequent explosion and spillage appear to the result of an overall attitude that encouraged unwarranted optimism in the quality of each component of the job, allowing the omission of standard testing procedures, and the misinterpretation of other tests in the most-favorable light.” He continued: “Instead, skepticism should reign on any drilling job, and testing and evaluation at each stage of the drilling and completion would then be routine; instead of questioning the need for such things as the cement bond log, the companies involved should insist on checking and double-checking quality at each step of the process. This was clearly not done, repeatedly, in the case of the Macondo well, and disaster resulted.”

4.9 million barrels of crude oil leaked into the Gulf of Mexico, causing damage to marine and wildlife habitats as well as the Gulf’s fishing and tourism industries. Extensive measures were used to prevent the oil from reaching the coastline of Louisiana, including skimmer ships, floating containment booms, anchored barriers, and sand-filled barricades. Scientists have also reported immense underwater plumes of dissolved oil not visible at the surface. The U.S. Government has named BP as the responsible party, and officials have committed to holding the company accountable for all cleanup costs and other damage.

Dudley went on to say that BP “deeply regret” the disaster. “We have sought throughout to step up to our responsibilities. We are determined to learn the lessons for the future and we will be undertaking a broad-scale review to further improve the safety of our operations. We will invest whatever it takes to achieve that. It will be incumbent on everyone at BP to embrace and implement the changes necessary to ensure that a tragedy like this can never happen again.”

Tuesday, July 19, 2005

After months of rumor and speculation, the Colombian brewery Grupo Bavaria, which was founded in 1889 and is the second largest in South America, has been acquired by SABMiller in the biggest merger in Colombian history. In a buyout in which the multinational with headquarters in London will obtain 71.8% of Grupo Bavaria’s stock, previously owned by the Santo Domingo family (owner of Caracol Televisión and, until recently, of Avianca). The Santo Domingo family is in turn to receive 225 million shares of SABMiller, which is equivalent to 15.1% of the company. SABMiller is to pay nearly $7.8 billion to complete the transaction.

The news was announced Tuesday at dawn (Colombian local time).

Thus SABMiller, the second largest brewery in the world — surpassed only by Belgian InBev, enters South America through Bavaria’s operations in Colombia, Peru, Ecuador, and Panama, where it controls between 79% and 99% of the beer market.

Of the $7.8 billion paid by SABMiller, $3.5 billion worth is stock for the Santo Domingo family, $1.5 billion is cash to buy out the minority stockholders, and the rest, $1.8 billion, will cover the present debts of the Colombian brewing giant.

During recent months, Ricardo Obregón, president of Grupo Empresarial Bavaria, denied the persistent rumors of a possible sale. In addition to SABMiller, Heineken and InBev had been interested in the Colombian company. Obregón will have to inform the head of the Colombian stock market of the acquisition.

Monday, when the international media reported the transaction, Grupo Bavaria’s stock rose 5.36% in the Colombian stock market and reached a price of 49,100 COP ($21.23). The dollar fell 13 COP and finished the day Monday at 2,315.55 COP. Nevertheless, Tuesday morning, the stock fell 14.26% to 42,100 COP ($18.19), after the price of the stock had been constant for half an hour. In contrast, SABMiller’s stock rose nearly 9 points on the London stock market.