Thursday, January 26, 2012

Germany’s Chancellor Angela Merkel gave yesterday’s opening address to the 42nd meeting of the World Economic Forum (WEF), which is facing a distinctly different geo-political landscape from twelve months ago. Outside the WEF security cordon, in the sub-zero temperatures of Davos’ train station car park, the local incarnation of the Occupy movement are setting up ‘Camp Igloo’; but, with little hope of the archetypes of the 1%, ‘Davos Man’, arriving by public transport and seeing their sub-zero protest.

David Roth, heading the Swiss centre-left’s youth wing — and an organiser of ‘Camp Igloo’, echoes much of the sentiment from ‘Occupy’ protests around the world; “[a]t meetings the rest of society is excluded from, this powerful ‘1 percent’ negotiates and decides about the fate of the other 99 percent of this world, […] economic and financial concentration of power in a small, privileged minority leads to a dictatorship over the rest of us. The motto ‘one person, one vote’ is no longer valid, but ‘one dollar, one vote’.”

Roth’s characterisation of ‘Davos Man’, a term coined by the Professor Samuel Huntington of Harvard University, is more emotive than that of the late professor who saw ‘Davos man’ as “[having…] little need for national loyalty, view[ing] national boundaries as obstacles that thankfully are vanishing, and see[ing] national governments as residues from the past whose only useful function is to facilitate the elite’s global operations”.

As Reuters highlights, many attendees will opt to make their way from Zurich to Davos by private jet, or helicopter, and the WEF itself provides handouts indicating the cost of such is 5,100 Swiss francs (approx. 5,500 USD, 3,500 GBP, 4,200 EUR). In contrast: travelling by rail, even when opting for first class — without an advance booking, is 145 Swiss francs (approx. 155 USD, 100 GBP).

Shifting fortunes see several past attendees missing this year’s exclusive get-together in the alpine resort; for a second year running — and now caught up in the UK phone hacking scandal being scrutinised by Lord Leveson’s inquiry — media mogul Rupert Murdoch will not be attending. Nor will the former head of financial services company UBS Oswald Gruebel, who resigned in the wake of US$2.3 billion losses incurred through unauthorised trading; likewise, Philipp Hildebrand, the ex-head of the Swiss National Bank, is absent following scandal associated with his wife’s currency trading activities; and, although the sexual assault charges against Dominique Strauss-Kahn were dropped, having stepped down as managing director of the International Monetary Fund Strauss-Kahn will also be absent.

As the #OccupyWEF protesters were building igloos last weekend, an anti-WEF protest in the Swiss capital Berne was broken up by police, who stated their intent to prosecute participants in the illegal protest. Allegations of calls for violent protest action led to a high number of officers being involved. In the aftermath, charges of breach of the peace are to be brought against 153 people, with some targeted for more serious offences. At least one group involved in the protest described the police response as “disproportionate”.

At ‘Camp Igloo’ Roth says he is seeking discussions with the WEF’s expected 2,000 attendees; but his voice, and that of others in the worldwide ‘Occupy’ movement, is unlikely to be given a platform in the opening debate, “Is 20th-century capitalism failing 21st-century society?” He, and others taking part in this Swiss incarnation of the ‘Occupy’ movement, are still considering an invite to a side-session issued by the World Economic Forum’s founder, Klaus Schwab; commenting on the invite Roth told the Associated Press they would prefer a debate at a more neutral venue.

As has been the case for several years now, the annual Forum meeting in Davos was preceded with the release of a special report by the World Economic Forum into risks seen as likely to have an impact the in the coming decade. The 2012 Global Risks Report is a hefty document; the 64-page report is backed with a variety of visualisation tools designed to allow the interrelations between risks to be viewed, how risks interact modelled, and their potential impacts considered — as assessed by the WEF’s panel of nearly 500 experts.

As one would expect, economic risks top both the 2012 impact and likelihood charts. Climate change is pushed somewhat further down the list of concerns likely to drive discussions in Davos. “Major systemic financial failure” — the collapse of a globally important financial institution, or world currency, is selected as the risk which carries the most potential impact.

However, “Chronic fiscal imbalances” — failing to address excessive government debt, and “Severe income disparity” — a widening of the the gulf between rich and poor, top the list of most likely risks.

At the other end of the tables, disagreeing respectively with the weight last year’s Wikinews report gave to orbital debris, and the Motion Picture Association of America’s (MPAA) fight with the Internet over copyright legislation, the 2012 Global Risks Report places “Proliferation of Orbital Debris” and “Failure of intellectual property regime” bottom of the league in terms of potential impact.

In 2011, with the current global economic crisis well under-way, “Fiscal crises” topped the WEF risks with the largest potential impact in the next ten years. However, perceived as most likely a year ago, “Storms and cyclones”, “Flooding”, and “Biodiversity loss” — all climate-change related points — were placed ahead of “Economic disparity” and “Fiscal crises”.

More mundane risks overtake the spectre of terrorism when contrasting this year’s report with the 2011 one; volatility in the prices of commodities, consumer goods, and energy, and the security of water supplies are all now ranked as more likely risks than terrorism — though the 2011 report did rank some of these concerns as having a higher potential impact. A significant shift in perception sees the 2012 report highlight food shortages almost as likely a risk the world will face over the next decade; and, one with a far more significant impact.

Attending the World Economic Forum at Davos is more than just an opportunity to discuss the current state of the global economy, and review the risks which face countries around the world. With such a high number of political and business leaders in attendance, it is an ideal opportunity to pursue new trade deals.

Canadian Prime Minister Stephen Harper is, in addition to being a keynote speaker, expected to pursue improved relations with European and Asian trade partners at private meetings on the Forum sidelines. The Toronto Star reports Harper is likely to push forward an under-negotiation Canadian-European free-trade agreement, and hold closed-door discussions prior to next month’s planned trip to China.

Similarly, Canadian trade minister Ed Fast is expected to meet South Korean counterparts to discuss an equivalent deal to the preferential ones between the Asian nation and the US and Europe. Fast’s deal does, however, face opposition at home; the Canadian Auto Workers union asserts that such a deal would put 33,0000 jobs at-risk.

British Prime Minister David Cameron and chancellor George Osborne are expected to discuss a possible increase of UK funding to the International Monetary Fund (IMF); however, with the UK responsible for 4.5% of the US$400 billion in the IMF’s lending fund, backbench MPs have warned that committing any additional funds could provoke a Conservative revolt in parliament. Tuesday’s IMF cut of predicted global growth from 4% to 3.3%, warnings of a likely Eurozone recession in 2012, and ongoing problems with Greek financial restructuring, are likely discussion topics at Davos — as well as amongst UK backbench MPs who see adding to the IMF war-chest as bailing out failed European economies.

South Africa, less centre-stage during the 2011 Forum, will be looking to improve relationships and take advantage of their higher profile. President Jacob Zuma and several cabinet members are attending sessions and discussions; whilst former UK Prime Minister Gordon Brown is to moderate a session, “Africa — From Transition to Transformation“, with Nigeria, Guinea, and South Sudan’s presidents on the panel. Wal-mart’s CEO Doug McMillon is to lead a dinner session, “Shared Opportunities for Africa’s Future” — highlighting larger multinationals looking towards the continent for new opportunities.

Davos may also serve as a place to progress disputes out of the public eye; a high-profile dispute between Chile’s state-owned copper mining business, Codelco, and Anglo American plc over the 5.39 billion USD sale of a near-quarter stake in their Chilean operations to Japan’s Mitsubishi, prompted the Financial Times to speculate that, as the respective company chiefs — Diego Hernández and Cynthia Carroll — are expected to attend, they could privately discuss the spat during the Forum.

Saturday, October 21, 2006

The upcoming 2006 Brampton municipal election, to be held November 13, features an array of candidates looking to represent their wards in city council or the council of the Peel Region.

Wikinews contributor Nick Moreau contacted many of the candidates, including Innocent Watat, asking them to answer common questions sent in an email. This ward’s incumbent is Bob Callahan; Balbir Babra, Manny Bianchi-Morfino, Dolly Khokhar, Maria Peart, Tim Turcott, and Sheila White.

Wednesday, June 20, 2007

Nine firefighters were killed on Monday while battling a massive fire at a furniture warehouse in Charleston, South Carolina.

Firefighters were called to the scene of a massive blaze at the Sofa Super Store in Charleston, S.C. at around 6:30 p.m. EST. At around 7 p.m., nine firefighters were sent inside the inferno to rescue people who were trapped inside the building. They rescued two before the ceiling collapsed on top of them. All nine firefighters who were inside the warehouse died. They are:

• Capt. William Hutchinson, 48
• Capt. Mike Benke, 49
• Capt. Louis Mulkey, 34
• FF Mark Kelsey, 40
• FF Bradford Baity, 37
• FF Michael French, 27
• FF James “Earl” Drayton, 56
• FF Brandon Thompson, 27
• FF Melven Champaign, 46

The disaster recalls Worcester Cold Storage Warehouse fire that killed six firefighters on Dec. 3, 1999, in Worcester, Massachusetts. The chief of the Worcester Fire Department flew down to South Carolina for the memorial service.

Thursday, October 5, 2006

A volcano alert has been issued after a moderate 2.8 magnitude earthquake occurred at Mount Ruapehu last night at 10.30 p.m. (NZDT). The quake also broke the Crater Lake cable which generated a call-out from the lahar response team.

The New Zealand Department of Conservation has issued a high risk warning for the crater at Mount Ruapehu and Dave Wakelin, community relations officer for Tongariro-Taupo, said: “The warning was issued Thursday morning, in case more volcanic activity follows.”

It is yet to be confirmed if there was an eruption, as poor weather made it hard to see the crater from plane. Craig Miller, vulcanologist for Geological and Nuclear Sciences (GNS Science), said: “I had hoped to see if the lake was surrounded by blackened snow. All we could see was cloud.” Steve Sherburn, duty vulcanologist for GNS Science, said: “The cause of the alert would remain uncertain until the weather cleared and there could be a proper examination. Part of the DOC lahar monitoring system appears to have been damaged at the time of the earthquake which suggests there may have been an eruption, but other monitoring data says that any eruption must have been relatively small.” If there was an eruption it was probably only a small one.

The alert level is remaining at one, which means there are signs of volcanic unrest.

Monitoring of Mount Ruapehu will continue.

This was the first reported call-out since 1995.

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 North Carolina, Tom Millican, an independent corporate manager and Vietnam veteran.

Saturday, April 23, 2005

Insurgents in Iraq struck across numerous regions using suicide car bombings, planted bombs and mortars, aiming at American and Iraqi soldiers alike, and taking a civilian toll as well. There are 19 reported dead and over 3 dozen wounded.

A total of 10 bombs were reported, one of them near Abu Ghraib prison, where the photos of abused inmates were taken. While Baghdad was hit the hardest, hostilities were widespread.

Thus far, there is no single group responsible Saturday’s following attacks:

• 9 Iraqi soldiers killed in suicide car bombing west of Baghdad
• 20 Guardsmen wounded at Abu Ghraib on Saturday car bombing of National Guard convoy
• 1 Iraqi killed, 10 wounded in suicide bombing attack on a US convoy near Baghdad airport
• 1 Iraqi woman killed, 7 men wounded in separate Baghdad bombing
• 1 Guardsman killed, two wounded by roadside bomb at Yusufiya
• 1 Marine killed in Al Haswah by roadside bomb
• 1 AP camera man killed by gunfire in Mosul
• 2 suicide car bombers wound 7 Iraqi police officers in southern city of Basra
• 2 truck drivers killed in separate incidents near oil refinery town of Beiji
• 7 injured in mortar attack at Iraqi military base in southern Baghdad
• 1 US soldier killed in bomb explosion beside convoy west of Baghdad
• 2 Marines killed by roadside bomb near Ar Ramadi
• 2 civilians killed by roadside bombs in Al Baquba

On the day previous to Saturday, these attacks occurred:

• 11 Iraqi killed, 20 wounded from car bomb at Shia mosque in eastern Baghdad
• 6 detained in connection with shooting down commercial helicopter the killed 6 Americans

Friday, March 28, 2008

2008 Taipei International Cycle Show (Taipei Cycle) & Taipei International Sporting Goods Show (TaiSPO) not only did a best reunion with conjunctions of the launch of Taipei World Trade Center Nangang Exhibition and the concurrent cycling race of 2008 Tour de Taiwan but also provide opportunities and benefits for sporting goods, bicycle, and athlete sports industries to establish the basis of the sourcing center in Asia and notabilities on the international cycling race.

Although the Taipei cycle was split from the TaiSPO since 1988, but the trends of sporting good industry in Taiwan changed rapidly and multiply because of modern people’s lifestyles and habits. After the “TaiSPO Innovation Award” was established since 2005, the fitness and leisure industries became popular stars as several international buyers respected on lifestyle and health.

For example, some participants participated Taipei Cycle and TaiSPO with different product lines to do several marketing on bicycle and fitness equipments, this also echoed the “Three New Movements” proposed by Giant Co., Ltd. to make a simple bicycle with multiple applications and functions. As of those facts above, Wikinews Journalist Rico Shen interviewed Ideal Bike Corporation and Gary Silva, designer of “3G Steeper” to find out the possibilities on the optimizations between two elements, fitness and bicycle.

Friday, September 24, 2010

People in American Samoa were given only eight minutes warning that a tsunami, which killed 32 people in the unincorporated territory, resulting from the 2009 Samoa earthquake, was approaching. A report published by the United States Congress admits that the warning was issued sixteen minutes after the 8.0 magnitude earthquake struck Samoa. The tsunami killed nearly 200 people in American Samoa, Samoa and Tonga.

The report, written by the National Research Council, describes the length of time between the earthquake and the initial tsunami warning being issued as “relatively long”, and states that the standard time for such a warning to be issued to be around two minutes. The study also revealed that one third of tsunami sensors are not working at any given time.

John Orcutt, a [seismologist and head of the committee that wrote the report, described the delay as a “major concern”, but he also said that “a large number of people” in American Samoa “didn’t understand and there were lives that were lost because people simply didn’t take the action to get away from the shore when they felt this huge earthquake. People have to understand the signs of a tsunami and head to higher ground.”

The Federal Emergency Management Agency, whose purpose is to coordinate the response to a disaster that has occurred in the United States and that overwhelms the resources of local and state authorities, and the Government of American Samoa did not respond to e-mails regarding the news.

The study also notes that people living in other coastal cities around the world are at risk of being unprepared for tsunamis that arrive soon after the earthquake occurs, stating that in many places, warnings might not be issued in time. “If the source were so close to shore that only minutes were available before the tsunami reached the coast, the public would need to recognize natural [signs of a tsunami approaching].” The report states that when they fear a tsunami is imminent, people should know to evacuate even “without official warnings.”

The report warns that because tsunamis are so rare, people living near the coast do not know what to do, but it also criticises authorities for not informing citizens of how to react when a tsunami is approaching. “Everybody thought that the tsunami was a single wave, and once the expected landfall time came and left, they thought it was over,” said Costas Synolakis, who is director of the Tsunami Research Center at the University of Southern California, and one of the report’s authors. He continued, “In fact, tsunamis are a series of waves that can last for three to four hours.”

He said that the United States must take action, training first responders in low-lying coastal areas, and adding more tsunami sensors to give advance warning of approaching waves. Synolakis added that, after receiving warning that there may have been a tsunami on the way after the Chile earthquake earlier this year, the response of firefighters at the Port of Los Angeles was poor because they were unfamiliar with how to deal with such a threat.

In the capital of American Samoa, Pago Pago, the tsunami measured 1.57 meters in height. The superintendent of the National Park of American Samoa Mike Reynolds reported four waves as high as six meters. People who experienced the quake said it was long, lasting from 90 seconds to three minutes. “Pago Pago city streets were strewn with overturned vehicles, cars, and debris. Some buildings located only slightly above sea level were completely destroyed by the waves, and power in some locations is not expected to be restored for up to a month,” Wikinews reported at the time.

Didi Afuafi, 28, who was riding on a bus in American Samoa when the tsunami struck, described her experiences. “I was scared. I was shocked. All the people on the bus were screaming, crying and trying to call their homes. We couldn’t get on cell phones. The phones just died on us. It was just crazy,” she said. “This is going to be talked about for generations.” U.S. President Barack Obama said of the disaster: “My deepest sympathies are with the families who lost loved ones and many people who have been affected by the earthquake and the tsunami.”

The people of American Samoa will, next Wednesday, according to a press release by the government, “hold island-wide services to honor the memories of the 34 loved ones who lost their lives” during the tsunami. Church services will be held at 6:00 a.m., followed at 6:48 a.m.—the time when the earthquake occured—thirty-two bells will be rung in memory of those who perished.

Thursday, May 13, 2010

The Russian and Turkish governments today signed an agreement that would lead to Russia building a US$20 billion nuclear power plant in Turkey, the country’s first.

The plant will be built on the coast of the Mediterranean Sea, and construction will commence as soon as the deal is approved by both countries; the building process is expected to take around seven years. The reactor will also be owned by Russia, which will hold “no less than a controlling stake,” according to Sergey Kiriyenko, who is the head of Rosatom, a Russian nuclear energy corporation.

The reactor to be built is the second proposed power plant in the same location; a separate proposal for a four-reactor complex built by a Russian-led consortium was rejected by a Turkish court last year. Russia has attempted to build a nuclear power plant in Turkey, and the contract signed Wednesday “really looks rather impressive,” according to Russian President Dmitry Medvedev.

The contract for the reactor was one of 20 signed by the two countries today, expected to result in around US$25 billion of Russian investment in Turkey. Other major contracts signed include projects to transport Russian oil and natural gas through Turkey to ports on the Mediterranean Sea. One such project is a major pipeline between the Turkish ports of Samsun on the Black Sea and Ceyhan on the Mediterranean Sea, built in conjunction with an oil refinery in Ceyhan.

In a press conference, Russian President Medvedev said that the agreements signal “a new page in our cooperation…Our talks today showed that Turkey and Russia are strategic partners not only in words but in deeds.” Turkish President Abdullah Gul said that the two countries “share a determination to increase the trade volume from a current US$38 billion to US$100 billion in five years.”