atxhomeguide.com

Sunday, October 5, 2008

Despite the passage of a 700 billion USD bill by the United States House of Representatives on Friday and the Senate on Wednesday, two U.S. states may need loans totaling over 14 billion dollars.

California and Massachusetts are seeking at least 7 billion dollars each from the federal government as loans. Officials and lawmakers in both states say that the loans would be temporary.

According to Massachusetts’ state treasurer, Timothy P. Cahill, the state was unable to borrow money last week on a short term loan. He also states that the state can afford to pay its bills and debts for the next few weeks, but not beyond that without a short-term loan from the government. Cahill has asked the federal government for a loan similar to the recent one passed by Congress and the Senate.

“That’s all we would ask them to do: Treat us like the investment banks,” said Cahill to the Associated Press.

Officials in California say they need an emergency loan, or they will run out of money by the end of October. California’s governor, Arnold Schwarzenegger said the state is “not out of the woods” and needs a short term loan from the government.

“California and other states may be unable to obtain the necessary level of financing to maintain government operations and may be forced to turn to the federal treasury for short-term financing,” said Schwarzenegger in a letter to the Treasury Department, which is taking the letter under consideration.

On Friday, the U.S. House of Representative voted to pass a revised bailout bill which included raising the FDIC insurance cap to $250,000, a move designed to please progressives. However, the $110 billion in tax breaks, earmarks and what has been called pork barrel spending is not offset by any increases in revenues and has added opposition to the bill from some Representatives in the House. Earmarks added into the bailout bill included $192 million in tax rebates for the Virgin Islands rum industry, $148 million in tax cuts for the wool industry, $100 million tax cuts to the auto racing industry, and $48 million in Hollywood tax incentives, among others.

Wednesday, February 22, 2006

The Bathurst Regional Council has begun preparing the Mount Panorama motor racing circuit for the inaugural Bathurst International Motorsport Festival (BIMF) to be held between April 13 and 16, 2006. The Mount Panorama motor racing circuit is considered to be the home of motorsport in Australia.

Council’s staff have been busy cleaning the facilities, erecting signage, checking pedestrian bridges and inspecting the track surface for the past few days.

The BIMF will be the first event to be held at the 6.2 kilometre circuit over Easter since 2000. In 2000, Event Management Specialists held the first motorcycle racing event since 1990, but due to EMS going bankrupt a short time after their 2000 event was ran and the inability of the then Bathurst City Council to find another promoter, the Easter event was canned.

The BIMF is inspired by the Festival of Speed and Goodwood Revival in the United Kingdom. The Bathurst Regional Council and event promoter Global Entertainment Team promise that the event “will cater for all motoring enthusiasts, collectors and historians”.

According to the BIMF website, the on-track program consists of:

• Manufacturers showcasing their vehicles and track times
• Historic touring car races
• Aussie racing car races
• Australian GT sports car
• Parade laps by car clubs
• Parade laps and races by “Legends of Motorsport”
• Stunt car and bike events
• Rally cars
• Displays of cars from all eras of Mount Panorama’s history
• The chance for patrons to purchase a ride around the circuit in a race car.

Off the track, the organisers have promised manufacturer displays, merchandise stands, music, joyflights, Off-road demonstrations and joyrides, autograph sessions and interviews with influential people in the Australian motor industry.

Friday, November 6, 2009

The Centers for Disease Control and Prevention (CDC) is a US government agency. In an interview with Wikinews, Jeff Dimond, a member of the Division of Media Relations for the CDC, answered a few question regarding the current situation of the H1N1 swine flu pandemic.

The CDC reported that during week 42 (October 18–24) of this year, the swine flu activity increased in the United States with 19 confirmed deaths by swine flu, while week 43 (Oct. 25–31) faced 15 confirmed deaths.

((Wikinews)) How does the CDC feel the media has handled the H1N1 flu pandemic?

Jeff Dimond: Media coverage has been quite good.

((WN)) What measures are the CDC taking to combat the swine flu?

JD: Public health information is being distributed nationwide, scientists worked hard to identify the H1N1 virus and produce a vaccine in record time.

((WN)) What areas around the world are affected most by the swine flu?

JD: This is a question for the WHO (World Health Organization).

((WN)) Are the current anti-flu vaccines effective and how sufficient is the current supply?

JD: All current anti-flu vaccines are effective. Manufacturers are producing doses as fast as possible. Spot shortages may occur, but there is not an overall shortage of vaccine. For the most severe cases, a drug called Peramivir has been authorized for emergency use by the FDA.

((WN)) How can one avoid infection and how deadly is this disease?

JD: Proper hand sanitation and avoidance of individuals who have flu-like symptoms is the best way to avoid becoming ill. To date more than 1000 Americans have died from LABORATORY CONFIRMED cases of H1N1 and of those 129 are under the age of 18. The most at-risk populations are pregnant women, younger people in the 18–49 age group and those with other complicating conditions such as asthma, COPD, diabetes and morbid obesity.

((WN)) What efforts have the CDC made to insure vaccines are available for those with no or poor health-care?

JD: Distribution of vaccine is up to the state health departments. CDC is not a regulatory agency.

((WN)) If someone suspects they have swine flu what would the best course of action be?

JD: They should seek medical attention.

((WN)) When will the swine flu die down and cease being a pandemic?

JD: No idea.

((WN)) Besides the CDC, what other entities, governmental and private, are involved in stopping this disease and how?

JD: All public health and medical agencies with a stake in H1N1 are cooperating to control the spread of H1N1.

((WN)) Is there a significant risk of H1N1 mutating and becoming more deadly?

JD: Flu viruses are unpredictable so there is no way of answering this question. The CDC is constantly monitoring these viruses.

Thursday, November 8, 2007

India is the latest of the countries where the One Laptop Per Child (OLPC) experiment has started. Children from the village of Khairat were given the opportunity to learn how to use the XO laptop. During the last year XO was distributed to children from Arahuay in Peru, Ban Samkha in Thailand, Cardal in Uruguay and Galadima in Nigeria. The OLPC team are, in their reports on the startup of the trials, delighted with how the laptop has improved access to information and ability to carry out educational activities. Thailand’s The Nation has praised the project, describing the children as “enthusiastic” and keen to attend school with their laptops.

Recent good news for the project sees Uruguay having ordered 100,000 of the machines which are to be given to children aged six to twelve. Should all go according to plan a further 300,000 machines will be purchased by 2009 to give one to every child in the country. As the first to order, Uruguay chose the OLPC XO laptop over its rival from Intel, the Classmate PC. In parallel with the delivery of the laptops network connectivity will be provided to schools involved in the project.

The remainder of this article is based on Carla G. Munroy’s Khairat Chronicle, which is available from the OLPC Wiki. Additional sources are listed at the end.

Saturday, August 25, 2007

South Africa have beaten Zimbabwe by eight wickets in the second One-Day International of the series at Harare Sports Club, Harare, Zimbabwe.

Zimbabwe lost the toss and were put in to bat first. Despite losing opener Vusi Sibanda cheaply, Brendan Taylor and Tatenda Taibu added 44 and 43 runs respectively, followed by a partnership of 84 runs from Stuart Williams (54) and Stuart Matsikenyeri (52) to record a competitive score. Zimbabwe’s innings finished after fifty overs at 247-7. Of the South African bowlers, Dale Steyn took 3-65 and Morne Morkel took 2-39.

Graeme Smith and Herschelle Gibbs shared an opening partnership of 174 runs as South Africa cruised towards the 248 run target. Smith, the South African captain, fell just short of a century when he was caught behind off the bowling of his Zimbabwean counterpart Prosper Utseya. Gibbs went on to score 110 runs from 100 balls and South Africa reached the target with just under eleven overs to spare.

South Africa have an unassailable 2-0 lead in the three match series, with the final match to be played tomorrow in Harare.

Toss: South Africa won, and chose to field first.

Fall of wickets: 1-12 (Sibanda, 5.5 ov), 2-47 (Masakadza, 15.4 ov), 3-106 (Taibu, 26.4 ov), 4-147 (Taylor, 34.2 ov), 5-231 (Williams, 47.1 ov), 6-238 (Chigumbura, 48.5 ov), 7-245 (Matsikenyeri, 49.5 ov)

Did not bat: P Utseya, C B Mpofu

Fall of wickets: 1-174 (Smith, 28.2 ov), 2-246 (Gibbs, 37.6 ov)

Did not bat: L L Bosman, S M Pollock, V D Philander, J A Morkel, M Morkel, D W Steyn, M Ntini

Zimbabwe: H Masakadza, V Sibanda, B R M Taylor, T Taibu (wkt), S C Williams, S Matsikenyeri, E Chigumbura, P Utseya (capt), G B Brent, K M Dabengwa, C B Mpofu

South Africa: G C Smith (capt), L L Bosman, H H Gibbs, A B de Villiers (wkt), J P Duminy, S M Pollock, V D Philander, J A Morkel, M Morkel, D W Steyn, M Ntini

Man of the Match: H H Gibbs (South Africa)

Umpires: S J Davis (Australia) and R B TiffinTV umpire: K C BarbourMatch referee: J Srinath (India)Reserve umpire: T Tapfumaneyi

Saturday, October 1, 2005

The British Education Secretary, Ruth Kelly, announced during the week that junk food is to be banned from schools in England from September 1st 2006. Items such as crisps, sweets, chocolate bars and chewing gum are expected to be among the items banned.

Junk foods are classified as those high in fat, salt or sugar. Recently the British government committed £280m to improving school food over the next three years. That followed a campaign by celebrity chef, Jamie Oliver, to improve school food.

The action by the British government to ban junk food has already sparked debate in Ireland whether they should follow suit.

Monday, October 1, 2007

Jim Reeves is running for the Green Party of Ontario in the Ontario provincial election, in the York-Simcoe 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.

Sunday, August 31, 2008

Michael Griffin, administrator of the American space agency, NASA has ordered a study into considering the possibility of continuing the usage of the Space Shuttle, a space vehicle that takes astronauts to the International Space Station. The agency originally planned to retire all shuttles in 2010 after mission STS-134, but concerns over staff job losses that were created by the Space Shuttle program caused Griffin to order the study. The space crafts have been in use since 1981 and it’s replacements, the Ares rockets, will not be in use until 2015 causing a 5 year gap where NASA will have no manned space flights, which is the reason the agency is considering extending usage for five more years, when the vehicles can be immediately replaced by their successors.

The news came from a leaked email which was obtained from the Los Angeles Times. NASA officials have confirmed the email’s authenticity, but have stated that it is too early to decide whether or not the shuttle use will continue.

Griffin has originally been against the continuation of the shuttle, as it would damage the funding of Project Constellation, a project that involves sending astronauts to the Moon and Mars.

If NASA chooses not to continue the space shuttle, they would rely on the Russian Federal Space Agency and their Soyuz space vehicles in the five year gap of no American space flights. To do this, they would have to purchase seats on Soyuz missions. However, because of the recent events that have transpired over the Georgia conflict, US and Russian relations have been damaged, so it is believed unwise to work with the Russian agency.

Sunday, May 29, 2011

Fiat announced on Friday that it intends to purchase the six percent of automaker Chrysler that the US government currently owns, which would give the Italian company a 52 percent majority stake in Chrysler.

According to Fiat’s announcement, the company has told the US Treasury that it intends to use its option to buy the share in Chrysler held by the US government, a deal that will be finalized by June 10. If a price is not agreed on by that time, Fiat will pay the average of the estimates of two investment banks.

In 2009, Fiat bought a twenty percent stake in Chrysler, which had just exited bankruptcy, and has since increased its holding to 46 percent, expected to increase to 57% by the end of this year.

According to analyst Maryann Keller, the deal is a good one for both companies, as “[n]either one has the ability to compete alone in the kind of global environment that they face.” Analyst Rebecca Lindland said that the move will also benefit the companies by getting “them out from underneath any hint of government ownership and any of that negativity that went along with the bailout.”