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Friday, March 24, 2006A large explosion ripped through a research building of the École Nationale Supérieure de Chimie de Mulhouse (ENSCMu) in Mulhouse, eastern France. Mulhouse’s mayor, Jean-Marie Bockel, confirmed that the blast killed one person and injured another. Police declared Code Red, and the neighborhood was evacuated.

According to the French Press, TF1, the victim was in his forties and had worked at the institition for about a year. A young woman was seriously injured and about a dozen people received minor injuries, with two suffering from shock. 150 firefighters were on the scene.

The ENSCMu is a technology college, with an enrollment of 8,000 and a 25-hectare campus near the town’s centre. It is known for its museum of coloring agents (Musée des Colorants), which has about 2700 samples, mainly from the second part of the nineteenth century. The museum’s database is available online in French.

The blast occurred at 11:25 GMT (12:25 local time). It is reported to have been heard two kilometres away and to have broken the windows of nearby buildings. The blast was followed by a fire that was contained by about 15:00 (local time).

The explosion’s cause is not yet clear but it is believed to have happened in a ground-floor laboratory in an annex building constructed in 1977. The lab was apparently focused on industrial safety.

Thursday, October 3, 2013

A review this week by Wikinews of US Consumer Financial Protection Bureau (CFPB) complaints about mortgages in the United States shows Bank of America leads all lending institutions in complaints.

Since mortgages complaints were recorded in December 2011, 77,622 total have been added to CFPB’s database. 29.2% of these complaints involved Bank of America, with the second most received by Wells Fargo, accounting for 15.5% of all complaints. JPMorgan Chase ranked third by volume of complaints with 9.8%. Ocwen was fourth with 8.7% and Citibank was fifth with 4.8%. Nationstar Mortgage; Green Tree Servicing, LLC; HSBC; PNC Bank; U.S. Bancorp; OneWest Bank; SunTrust Bank; Flagstar Bank; and Select Portfolio Servicing, Inc. each had between 1.0 and 3.8% of total complaints. The remaining 14.4% of all complaints about consumer mortgages were divided between about 530 other lending institutions.

The Motley Fool reported last month that for the past fiscal quarter, the biggest US based mortgage lenders were from first to fifth Wells Fargo, JPMorgan Chase, Bank of America, Quicken Loans and U.S. Bancorp.

According to the US Federal Reserve, debt for family residences stands at US$10.706 trillion for the second quarter of 2013. As of the end of June of this year, Bank of America is the United States’s second largest commercial bank with US$1.343 trillion in domestic assets. Wells Fargo is the fourth largest commercial bank with US$1.251 trillion in domestic assets. JPMorgan Chase is the largest US commercial bank with US$1.329 trillion in domestic assets and US$1.947 trillion in total assets.

The mortgage complaints in the CFPB report include several subproducts. Conventional fixed mortgages account for 27.1% of all complaints. Conventional adjustable mortgages account for 10.0%. FHA mortgages account for 7.7% of all complaints. Home equity loans or lines of credit account for 3.8% of all complaints. VA mortgages are 1.4% of all complaints. Second mortgages and reverse mortgages each account for 0.6% of complaints. The remaining 48.7% of complaints are about other mortgages or other mortgage issues. A few years ago, FHA loans accounted for about 10% of all US mortgages while VA loans accounted for about 3%. Prime loans accounted for over 75% of the market and the rest were subprime mortgages.

California leads all states by volume of complaints with 14768. It is followed by Florida, New York, Georgia and Texas. When complaints are divided by a state’s total population, New Hampshire leads. The state is followed by Washington D.C., Maryland, Georgia and Florida. Complaints do not correlate with national rankings for August’s foreclosure rate by state where Nevada topped the list, followed by Florida, Ohio, Maryland and Delaware.

Two zip codes account for over 1,000 total complaints between them. 565 complaints originated in the 48382 zip code, which is in Commerce Township, Michigan, located in suburban Detroit. 553 complaints originated in the 33071 zip code, in Coral Springs, Florida. According to real estate website Zillow, there are currently 1,033 properties in foreclosure in Coral Springs while Commerce Township only has 131 properties currently in foreclosure. Four other zip codes have 100 plus complaints originating from them. 91730, in Rancho Cucamonga, California, had 158 complaints. 33409, in West Palm Beach, Florida, had 132. 92626, in Costa Mesa, California, had 125 complaints. 92660, in Newport Beach, California, had 122 complaints. Respectively, the towns had 534, 1,068, 153, and 134 properties currently in foreclosure. These numbers are higher than for the cities of a few sampled zip codes where there was only one complaint, such as Gold Hill, Oregon which has 4 properties in foreclosure, and Decatur, Illinois which has 6 properties in foreclosure.

The CFPB categorizes complaints into six categories: “Loan modification, collection,foreclosure” or problems when a person is unable to pay; “Loan servicing, payments, escrow account” or problems with making a payment; “Application, originator, mortgage broker”; “Credit decision / Underwriting”; “Settlement process and costs”, and “Other”. The CFPB says the complaint types indicate consumers “appear to be driven by a desire to seek agreement with their companies on foreclosure alternatives. The complaints indicate that consumer confusion persists around the process and requirements for obtaining loan modifications and refinancing, especially regarding document submission timeframes, payment trial periods, allocation of payments, treatment of income in eligibility calculations, and credit bureau reporting during the evaluation period.” Currently, 59.6% of all complaints against lenders deal with being unable to pay. 25.1% deal with problems in making a payment. 7.0% have to do with the application process.

Of the complaint-heavy zip codes, for 48382 in Commerce Township, Michigan, 98.9% of all complaints have to deal with being unable to pay. Accounting for 23.4% of all mortgage complaints in Commerce Township, 132 of the complaints for being unable to pay were made regarding Bank of America, accounting for 97.8% or all but 3 complaints against them from the zip. 121 of the Bank of America responses in Commerce Township were closed with explanation and 12 were closed with non-monetary relief. 33071 in Coral Springs is different, with 537 of the 553 complaints being categorized under other. Only 11 complaints relate to foreclosure and issues with being able to pay. 92626 in Costa Mesa, where 32% of the mortgage complaints were about Bank of America and 26.4% were about Wells Fargo, had 93.6% of its complaints dealing with being unable to pay. 5 total complaints dealt with payment issues and 3 dealt with applications.

Beyond regional variance in complaint types lodged, the top five mortgage lenders by volume of complaints all had being unable to pay as their top complaint category, ranging between 55.8% for Citibank and 69.4% for Bank of America. Problems with payment accounted for the second largest area of complaints, with Ocwen having the largest percentage of complaints at 31.9% and Bank of America having the smallest at 18.8%. Foreclosure was the top area of complaints for a number of other lending institutions including 1st Alliance Lending, OneWest Bank, Ally Bank, Banco Popular de Puerto Rico, Bank of the West, BMO Harris, BOK Financial Corp, Caliber Home Loans, Inc, Capital One, Deutsche Bank and EverBank.

Nationally, complaints reached a high of 5,840 for January 2013, 1,107 more than the next highest month of April 2013. The total emerging for September is the second lowest since records were first kept in December 2011. On a state by state level, this pattern largely repeats with a major exception for Florida which saw a peak of 849 complaints in June 2012. Then, as now, Florida was one of the top five states in the nation in its foreclosure rate. The national January spike came as the Qualified Mortgage standard required by the The Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010 came into play. It required mortgage lenders to take steps to insure borrowers could repay their mortgages.

Bank of America’s complaint volume follows the national trend, with a spike in January 2013 with 1,925 total complaints. Unlike nationally, the next month by volume of complaints was February of this year with 1,598 complaints. Prior to that, the highest month was May 2012 with 1,418 complaints. The lowest volume of complaints is September this year with 334.

Wells Fargo matched national trends for volume of complaints by month, with the exception of the current month being the lowest on record for number of complaints with 197 compared to the next lowest month, December 2011, when they had 221. JPMorgan’s complaint volume by month spiked in January and March of this year with 504 complaints. April of this year was the next highest month with 493 complaints, edging out May of last year with 488 complaints. September this year is on track to be the lowest month by complaint volume.

The federal government shutdown is unlikely to impact the current mortgage situation in the United States directly for most consumers, though mortgage processing by the Federal Housing Administration could be slower, resulting in fewer mortgages processed.

Monday, January 5, 2009

Amidst ongoing Israeli bombings of Gaza, with the death toll of the bombardments up to 537 with another 2,500 people wounded, UN food agencies again warned that the people of Gaza are facing a heavy humanitarian crisis.

“The current situation in Gaza is appalling, and many basic food items are no longer available on the market,” Said Christine van Nieuwenhuyse, the World Food Program‘s (WFP) representative in the Palestinian territory, in a statement that was released on Friday. “This area … is one of the poorest and most heavily affected by the recent conflict,” she added.

WFP officials said that they have begun to give bread to 15,000 new recipients, a number which added to the already large group of people that had been lining up for bread after two years of Israeli blockades of Gaza, the most recent of which began in early November. The blockades, surely a catalyst for violent Hamas attacks, have been condemned by Human Rights Watch as a “violation of international humanitarian law.”

Struggling Gazan hospitals say that they are completely out of even the most basic medical supplies and have little or no capacity to deal with further casualties. In addition, Israeli ground forces entered Gaza on Saturday causing an immediate spike in casualties and even attacks on the hospitals and paramedics themselves.

As sewage runs through the streets, many Gazans are trying to flee the area by storming the border with Egypt, a move which Egyptian police blocked on Sunday and are planning to do so again today as Egyptian leaders ordered their policemen to open fire on Gazans trying to flee into Egypt.

Hasan Khalaf, Gaza’s assistant deputy health minister, described the ongoing assault on Gaza as “an Israeli massacre”.

“There is no comparison between what we have and what [Israel] are doing to us. The international community are standing unable to help us, and yet we know they have been helping Israel for tens of years.”

Friday, January 21, 2022

The Australian Federal Police (AFP) launched an investigation into allegations of price gouging for COVID-19 rapid antigen tests (RATs) today following referrals from the Australian Competition & Consumer Commission (ACCC). The AFP warned that price gouging could attract a five year term of imprisonment and a AUD66,000 fine.

Under Australian law, price gouging occurs where an individual or business purchases a rapid antigen test kit from a retailer and then sells it for more than 20% of the purchase price. It does not apply to businesses who purchase kits from wholesalers. The AFP has power where it suspects price gouging is occurring to seize test kits and send them to the national medical stockpile.

The AFP said in a statement that it has commenced two investigations in New South Wales and Queensland, and expects more to follow. Investigations will be coordinated by Taskforce LOTUS, which was formed by the AFP in 2021 in response to threats surrounding the COVID-19 vaccine rollout. The taskforce will refer allegations of price gouging to strike teams which are deployed Australia-wide.

AFP Assistant Commissioner Crime Command Nigel Ryan warned that the AFP would have zero tolerance for profiteering from rapid antigen tests.

“The AFP will use its full powers to crack down on RAT price gouging. Not only is price gouging of RATs unethical but it is illegal, and the AFP will use its significant resources to ensure it protects the public from the unlawful greed of others,” Assistant Commissioner Ryan said.

“Commonwealth and state agencies are working together on this issue, and under Taskforce LOTUS, the AFP makes no apologies for upholding the law to help keep Australians safe.”

“Those who breach the law face penalties of up to 5 years’ jail or a AUD66,000 fine. My message is clear. Do not risk jail time or a significant fine for a few extra dollars.”

On Monday, the ACCC said it had received 1800 reports from consumers since 25 December, with claims tests were sold as high as AUD500 for two on online marketplaces and AUD70 per test at convenience stores. “At the extreme end, we have received reports or seen media coverage of tests costing up to $500 for two tests through online marketplaces, and over $70 per test through convenience stores, service stations and independent supermarkets, which is clearly outrageous,” ACCC Chair Rod Sims said.

“There are several businesses that have repeatedly come to our notice thanks to the information provided by the public. We are asking those businesses to urgently explain the prices they are charging.”

Sunday, November 28, 2010

Over 800 National Health Service staff in Scotland are earning more than £140,000 each year—more than First Minister Alex Salmond. New figures also reveal that 3,000 NHS workers are earning over £100,000. One NHS board alone, NHS Greater Glasgow and Clyde, employs 893 staff earning more than £100,000, and 181 being paid over £140,000.

Jackie Baillie, health spokeswoman for the Labour Party, which uncovered the figures, said they were “astonishing”, and urged health boards to examine if savings can be made by reducing salaries of top earners. “This is a far better option than cutting frontline staff like nurses and midwives. In tough financial times we need to make sure that our focus is on patient care and every penny is spent in the most efficient way.” She further said: “In the current economic climate, it is impossible to justify huge salaries for consultants and senior executives when health boards are planning 4000 job losses this year, including 1500 nurses and midwives.”

Britain’s largest health service industrial union, Unison, questioned the amount of money the NHS was paying. A spokesperson said: “Unison doesn’t begrudge anybody the rate of pay for the job but obviously our membership will be concerned that while they are to face a pay freeze and people delivering frontline services are losing their jobs, there is a cohort of folk who appear to earn more than the most senior politician in the land.”

Thursday, March 13, 2008

Family First Senator Steve Fielding arrived at Parliament today, dressed as a beer bottle to raise awareness of a bill he intends to move in the Senate today. Senator Fielding will introduce a bill to establish a nationwide refund scheme for bottles and cans.

A similar scheme has operated in South Australia since 1977.

Family First wants a rebate of 10 cents per container, while the Australian Greens want 20 cents.

Speaking to reporters outside parliament dressed as a beer bottle, the Senator said the legislation would reduce litter by 25 per cent. “There’s a message in this bottle.”

“I am no longer trash, I’m cash.”

“We should get the litter off the streets and off the creeks and into recycling – that’s good for the environment and good for the community”

“It’s a win-win and I can’t understand why nationally we don’t have a scheme,” said Senator Fielding.

Senator Fielding said that recycling not only reduced litter, but also consumes less energy than making new containers from scratch. “Recycling a plastic bottle saves more than 80 per cent of the energy used to make a bottle from scratch and recycling aluminium cans uses just five per cent of the energy used making a can from scratch,” said the Senator.

Senator Bob Brown, leader of the Greens said while there were environmental benefits from recycling, it would also create thousands of new jobs.

“This is a very good way of recycling and reducing energy because a lot of energy goes into making cans and bottles,” Senator Brown told reporters.

“It will employ tens of thousands of people across Australia.”

Tuesday, January 19, 2010

A Scottish woman who set out before Christmas to purchase a turkey finally made it home on Monday, after being cut off by snow for a month. Kay Ure left the Lighthouse Keeper’s cottage on Cape Wrath, at the very northwest tip of Great Britain, in December. She was heading to Inverness on a shopping trip.

However on her return journey heavy snow and ice prevented her husband, John, from travelling the last 11 miles to pick her up. She was forced to wait a month in a friend’s caravan, before the weather improved and the couple could finally be reunited.

They were separated not just for Christmas and New Year, but also for Mr Ure’s 58th birthday. With no fresh supplies, he was reduced to celebrating with a tin of baked beans. He also ran out of coal, and had to feed the couple’s six springer spaniels on emergency army rations.

“It’s the first time we’ve been separated”, said Mr Ure in December. “We’ve been snowed in here for three weeks before, so we are well used to it and it’s quite nice to get a bit of peace and quiet.”

Sunday, August 21, 2005

A robotic system at Stanford Medical Center was used to perform a laparoscopic gastric bypass surgery successfully with a theoretically similar rate of complications to that seen in standard operations. However, as there were only 10 people in the experimental group (and another 10 in the control group), this is not a statistically significant sample.

If this surgical procedure is as successful in large-scale studies, it may lead the way for the use of robotic surgery in even more delicate procedures, such as heart surgery. Note that this is not a fully automated system, as a human doctor controls the operation via remote control. Laparoscopic gastric bypass surgery is a treatment for obesity.

There were concerns that doctors, in the future, might only be trained in the remote control procedure. Ronald G. Latimer, M.D., of Santa Barbara, CA, warned “The fact that surgeons may have to open the patient or might actually need to revert to standard laparoscopic techniques demands that this basic training be a requirement before a robot is purchased. Robots do malfunction, so a backup system is imperative. We should not be seduced to buy this instrument to train surgeons if they are not able to do the primary operations themselves.”

There are precedents for just such a problem occurring. A previous “new technology”, the electrocardiogram (ECG), has lead to a lack of basic education on the older technology, the stethoscope. As a result, many heart conditions now go undiagnosed, especially in children and others who rarely undergo an ECG procedure.