All posts by : Admin

Friday, May 12, 2006

Peter Costello’s budget announcement has led to rejoicing for small businesses, but the lack of joy for those pushing for radical corporate taxation reform has led to many businesses asking “what about us?”

Personal taxation and small business have been the big winners after this year’s federal budget. Although dampened by the twin economic threats of rising interest rates and petrol prices, there should be a reasonable amount of real income savings for both low and high income earners, with those receiving Medicare, or a superannuation benefit, privy to an even lower level of taxation (0% for those on super benefits).

Small business also has benefited from the Howard government’s 11th annual budget, with them receiving a higher level of reducing depreciation, leading to a higher level of deductions in the years following the uptake of new technology or other capital. They are also privy to a AU$435 million dollar tax cut to compensate for their changing accounting requirements under the government’s new AIFRS reporting standards, as well as increasing the uptake of both the small business tax relief scheme and CGT (Capital Gains tax) Concessions.

The budget was not a complete loss for big business however, as superannuation laws have been tweaked to streamline contribution and payment rules previously impeding those with multitudes of staff.

But this is not enough, says Big 4 accounting firm Ernst & Young. In their newly published paper “Taxation of Investment in Australia: the need for ongoing reform”. In it they lead the charge for a greater streamlining and organization of the corporate tax system in Australia, submitting that it will lead to reductions in “disincentives to work save and invest in Australia [as well as improving] the international competitiveness of Australian businesses.” This follows from a recent report brought out by Mr. Costello himself about the need for tax reform in Australia.

A budget night Mr. Costello was notably coy about any future reform of corporate tax in Australia. He alluded to the report by his ministers but kept from outlining the government’s plan precisely.

Monday, December 31, 2012

The Islamic Republic of Iran says it is conducting naval drills in the Strait of Hormuz. According to the Iranian navy’s Habibollah Sayyari, the “Velayat 91” drills — to be held for a six day period ending on Wednesday — are intended to showcase “the armed forces’ military capabilities.”

Iran’s state-run media reports that the Iranian government warns all ships to stay away until the end of the exercises. According to this report the drills — which began on Friday — are to be conducted over roughly half a million square miles (a million square kilometers) of waters stretching from the Strait of Hormuz to the northern part of the Indian Ocean which includes the Gulf of Oman.

The Strait of Hormuz is a major shipping route of great strategic importance. According to the U.S. Energy Information Administration, 17 million barrels of oil passes through this part of the Persian Gulf per day. That is nearly 20% of the worldwide oil trade and about 35% of oil transported by sea.

This is only one in a series of major naval drills held by Iran in the Strait of Hormuz. Ten days of drills, “Velayat 90”, was conducted last December and “Velayat 89” a year and a half before that in May 2010. Four months ago, the United States with some of its allies also conducted a series of exercises and naval drills, concerned with keeping the strait open. Iran has said it might close the strait if its nuclear program were attacked.

Thursday, October 18, 2007

On Wednesday, Turkey’s Grand National Assembly voted 507-19 to authorize sending troops into northern Iraq to pursue Kurdish rebels. Although the authorization is valid for one year, Turkish officials made clear that it would not necessarily result in military action. Both the United States and Iraq have recently warned Turkey against such an incursion.

Turkish Prime Minister Recep Tayyip Erdo?an said that although the motion does not indicate that a military operation is imminent, it is necessary for Turkey to be able to respond to bomb attacks which have been blamed on Kurdistan Workers Party (PKK) rebels in Iraq. Turkey has been asking for help in dealing with the PKK for months, and the Turkish public has grown frustrated with America’s perceived lack of action on the issue.

Both the United States and Iraq have recently warned Turkey against an incursion into Iraq. “The Iraqi government calls on the Turkish government to pursue a diplomatic solution and not a military solution to solve the [problem] of terrorist attacks which our dear neighbor Turkey has witnessed from the PKK,” Iraq government spokesperson Ali al-Dabbagh said earlier this week. White House National Security Council spokesman Gordon Johndroe called on Turkey “to continue their discussions with us and the Iraqis and to show restraint from any potentially destabilizing actions.”

Responding to the motion, U.S. President George W. Bush urged Turkey not to carry out an attack, saying “[we are] making it clear to Turkey it is not in their interest to send more troops in… there is a better way to deal with the issue.”

Syrian President Bashar al-Assad defended Turkey’s decision and criticized the U.S. position, saying “It is important to note that the powers that have invaded Iraq are those primarily responsible for the terror activities and attacks because they control the country.” “We certainly support and back the decisions by the Turkish government in combat against terror and terror activities,” he said.

Murat Karayilan, the leader of the armed wing of the PKK, warned Turkey of the consequences of an attack in an interview with The Times. “If the Turkish Army attacks Iraqi Kurdistan we will struggle and resist against this until the end,” he said. Karayilan nevertheless said he hoped that the crisis could be resolved peacefully but continues attacks on Turkish soldiers, killing 12 in an ambush yesterday.

U.S.-Turkish relations have been strained recently after a U.S. House of Representatives resolution passed committee, labeling the World War I era killings of up to 1.5 million Armenians by the Ottoman Empire as “genocide”. Turkey strongly disputes these claims. Majority Leader Nancy Pelosi says the US House of Representatives will vote on the resolution “soon.”

President Bush criticized the resolution at a press conference on Wednesday, saying “One thing Congress should not be doing is sorting out the historical record of the Ottoman Empire.”

Wednesday, July 21, 2021

Wikinews correspondent J.J. Liu spoke with Technological University Dublin (TUD) senior lecturer at the School of Surveying & Construction Management, Dr Lorcan Sirr on Friday regarding the supply of housing in the Republic of Ireland and relevant parallels across the rest of Europe, as well as recent developments by the government and private sector that are causing a rise in rents and home prices in the Irish real estate market.

Dr Sirr is a regular contributor to The Irish Times and has provided commentary to Irish radio station Newstalk, national broadcaster Raidió Teilifís Éireann (RTÉ) and various other publications. In addition to being a chartered planning and development surveyor and assessor to the Society of Chartered Surveyors, Dr Sirr is a Peace Commissioner and former external examiner for the Galway-Mayo Institute of Technology, according to his profile on Worky.

Dr Sirr was a lecturer and former head of research for the Faculty of the Built Environment at the Dublin Institute of Technology, which entered a merger with two partner institutes to become TUD January 1, 2019. He received his bachelor’s degree in estate management at the University of Greenwich, United Kingdom, and master’s degree in urban design and PhD in town planning at the University of Manchester. He has a second master’s in literature from KU Leuven, Belgium, and speaks French.

Tuesday, February 19, 2008

While nearly all cover of the 2008 Presidential election has focused on the Democratic and Republican candidates, the race for the White House also includes independents and third party candidates. These parties represent a variety of views that may not be acknowledged by the major party platforms.

As a non-partisan news source, Wikinews has impartially reached out to these candidates, throughout the campaign. The most recent of our interviews is Laurens, South Carolina‘s John Taylor Bowles. Mr. Bowles is running with the endorsement of the National Socialist Order of America, a Minnesota-based Neo-Nazi party created after a recent rift in the National Socialist Movement.

Friday, November 2, 2007

Igor Moiseyev, who has been widely acclaimed as the greatest 20th-century choreographer of folk dance, has died today after a long illness. He was 101 years old.

Born Igor Alexandrovich Moiseyev on January 21, 1906 in Kiev, Moiseyev graduated from the Bolshoi Theatre ballet school in 1924 and danced in the theatre until 1939. His first choreography in the Bolshoi was Footballer in 1930 and the last was Spartacus in 1954.

Since the early 1930s, he staged acrobatic parades on Red Square and finally came up with the idea of establishing the Theatre of Folk Art. In 1936, Vyacheslav Molotov put him in charge of the new dance company, which has since been known as the Moiseyev Ballet. Among about 200 dances he created for his company, some humorously represented the game of football and guerrilla warfare. After visiting Belarus he choreographed a Belarusian “folk” dance Bulba (“Potato”), which over the years indeed became a Belarusian folk dance. According to the Encyclopædia Britannica, Moiseyev’s work has been especially admired “for the balance that it maintained between authentic folk dance and theatrical effectiveness”.

Moiseyev was named People’s Artist of the USSR in 1953, Hero of Socialist Labor in 1976, received the Lenin Prize (1967, for the dance show A Road to the Dance), four USSR State Prizes (1942, 1947, 1952, 1985), Russian Federation State Prize (1996), was awarded numerous orders and medals of the Soviet Union, Spain, and many other countries. On the day of his centenary, Moiseyev became the first Russian to receive Order for the Merits before the Fatherland, 1st class — the highest civilian decoration of the Russian Federation.

Friday, May 20, 2005

The Chilean Army acknowledges 65 recruits are missing in the Andes from a training exercise that was hit by severe snow storm. Colonel Carlos Mezano also reports 5 bodies have been recovered so far, apparently all had died from hypothermia.

433 Soldiers of the Regiment “Los Ángeles” went missing Thursday on the Los Barros range in southern central Chile, close to Argentine border, approximately 600 km southeast of the capital of Santiago. 316 recruits completed the exercise and are reported to be safe. 47 are reported safe, though incommunicado, in a high mountain refuge. The remaining 65 are still missing.

General Juan Emilio Cheyre, Chief Commander of the Army declared, “A unit of this type, surprised by a tsunami of snow, is trained to stop, so it is possible that they are all camping […] I do not want to raise false hopes. This is a unexpected situation, but to me a unit offers more hope than scattered soldiers.”

Rescue efforts have encountered trouble due to severe bad weather. A ‘no fly zone’ has been established in the Andes region. The Army and the media are avoiding, for now, speculation over the number of possibly dead soldiers, but the general mood of the families is pessimistic and allegations of neglect by Army officials have started to arise.

Most of the soldiers are men from the local area, from 18 to 19 years old.

• “Chilean troops in ‘snow tsunami'” — BBC News, May 20, 2005