Sunday, September 6, 2009

24-year-old Aman Kassaye, of no fixed abode, is to face a charge of attempted murder for his alleged role in an armed robbery that netted £40 million ($65 million) worth of jewelry from a London store.

Kassaye is the seventh man to be charged, and is also facing prosecution for conspiracy to rob the Graff store in New Bond Street, false imprisonment, and using a handgun to resist arrest. He will appear at Wimbledon magistrates court on Monday.

The other six men have already been remanded in custody until October 23, when they will appear at Kingston Crown Court. All are facing charges of conspiracy to rob, and two of them are also charged with a firearms offense.

43 diamond rings, watches, and bracelets were taken from the store. The theft occurred when two armed and suited men walked in and took an employee hostage. It has been reported they used prosthetic masks made from liquid latex but police have not confirmed this. Amateur footage also shows a shot was fired. No-one was injured.

The robbery is one of the biggest the United Kingdom has seen. After the crime a string of getaway vehicles was used, with police believing several more offenders assisted with this stage of the plan. Although The Telegraph claims no stolen property has yet been recovered, this is also unconfirmed by police.

Saturday, May 21, 2005

In an effort to ease complaints by the U.S. and Europe about a heavy influx of low priced Chinese goods, China will raise export tariffs on 74 categories of textile products in June. This follows plans from the U.S. to impose quotas on Chinese textiles and clothing.

Products likely to see an increase from the Chinese move include synthetic fiber shirts, trousers, knit shirts and blouses, cotton shirts, and combined cotton yarn. Last week, similar restrictions were imposed by the U.S. on cotton trousers, knit shirts, and underwear. Currently, a 2.5 cent charge per item is imposed; the new tariff will raise this to the equivalent of 12 cents per piece now. While this is a fourfold increase, it is not expected to affect consumer prices. Because of this, some doubt the tariff will have any effect on correcting the trade imbalance.

This move is in response to U.S. trade quotas imposed due to concerns that increased Chinese goods would put U.S. textile manufacturers out of business. According to Auggie Tantillo, executive director of the American Manufacturing Trade Action Coalition, a textile industry group in the U.S., the move will preserve 10,000 U.S. jobs. The new U.S. trade quota will limit the growth of Chinese textile imports to 7.5 percent compared with shipments over the past year.

Prior to January 1, a global quota system helped regulate the trade. With the quota system gone, fears have arisen that a flood of Chinese goods could undercut U.S. competitiveness in the market. China is able to market its goods cheaply due to an artificially weak yuan. The U.S. Treasury criticized the China yuan policy as “highly distortionary”, posing a major risk to China’s economy itself and to global economic growth. They challenged China to revalue its currency to bring it to a level they believe will allow fairer competition between global manufacturers.

China has disputed the charges of the U.S. Treasury. Chinese Commerce Minister Bo Xilai said, “I believe they are not reasonable”.

Laura Jones, a representative of large retailers, also criticized the move, saying “These restrictions on imports from China will do absolutely nothing to help the U.S. textile industry — and the government knows it.”

China has seen a boom in economic growth in recent years due to growing trade surpluses with the West, but economists worry that the trade gap will cause longer term global economic problems. China’s textile and apparel exports are the most noteworthy example, with exports up over 1,000 percent in some categories this year and the rapid loss of marketshare and jobs by U.S. textile manufacturers.

Beginning in 1978, the Chinese economy has been transforming from a Soviet-style centrally planned economy to more of a free market style system, under the rigid political control of Communist Party of China.

To this end, the government has leveraged foreign trade to stimulate economic growth. The result has been a fourfold increase in GDP, making China the sixth largest economy in the world. By 2012 the People’s Republic of China may have the highest GDP in the world.

According to U.S. statistics, from 1999 to 2004 China’s trade surplus with the U.S. doubled to $170 billion. Wal-Mart is China’s seventh largest export partner, just ahead of the United Kingdom.

However, the gains from their “socialist market economy” have not been without problems. The Chinese leadership has often experienced the worst results of socialism and capitalism: bureaucracy, lassitude, corruption, and inflation. Inflation rates have been an on-going challenge, reaching as high as 17% in 1995.

Environmental deterioration is a longer-term threat to economic growth. In 1998, the World Health Organization reported that China had seven of the 10 most-polluted cities on Earth. Another concern among some economists is that China’s economy is over-heating, and due to its global economic expansion this could have major repercussions among other nations.

Typically, wages have been low and working conditions poor, with workers living in restrictive dormitories and working at boring factory jobs. However, recent labor shortages have started improving conditions, and raising the minimum wage towards the equivalent of 100-150 US dollars per month. The labor shortages are in part a result of a demographic trend caused by strict family planning.

Thursday, July 8, 2010

Antisa Khvichava, a woman from the country of Georgia, is said to be celebrating her 130th birthday, which would make her the oldest known person on Earth, past or present.

Reportedly born in 1880, documents state that Khvichava picked corn and tea for a living in 1965, at the age of 85. Prior to Khvichava, the record holder for the oldest known person to have lived on the planet was Jeanne Calment of France, who lived to be 122 years old. If confirmed, Khvichava would take the top spot with an eight year lead. The Justice Ministry in Georgia backs up her claim, but it was not independently verified by the Gerontology Research Group and her birth certificate was lost.

I’ve always been healthy, and I’ve worked all my life — at home and at the farm.

Khvichava lives in a small village in Sachino, in the Tsalenjikha district with her entire family, including her 70-year-old son Mikhail, who was apparently born when his mother was 60 years old, 10 of her grandchildren, 12 great-grandchildren and her other six great-great-grandchildren.

“I’ve always been healthy, and I’ve worked all my life — at home and at the farm,” said Khvichava to the Associated Press. Although she spends most of her time in bed, Khvichava can walk without aid, but has some difficulties. Despite her age, her family says she is “clear minded” and can “think rationally.”

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Study patterns have changed globally. Courses by distance learning are gaining immense popularity all over the world. Among all the professional courses that are pursued through distance learning, MBA courses are the most sought after ones. And if it is UK MBA, then it is better in all ways. A MBA course from a reputed university or institute adds a great value to the career of a person. Even, if it is an online course, the valuation is same. There was a barrier initially, when people valued regular courses over courses by distance learning programs. There was a notion that the education that was imparted in the distance learning courses for UK MBA was much below standard in comparison to regular courses of MBA in UK.

UK has the best colleges and universities in the world. Infact it is the dream of many students to complete their higher education from some university or institute from UK. With the advent of various kinds of professional courses like MBA, these institutes and universities have gained popularity on a larger scale. The most interesting thing is that online UK MBA courses are also available now. These courses help students to pursue the courses from any parts of the world. Thus, now students can pursue the courses by distance learning without needing to move out from their own countries. The expenses of doing UK MBA from courses by distance education are also less than regular MBA courses.

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UK MBA can be sought in various specializations related to MBA. You might notice that while some university is better in a particular specialization, the others are not very good in that. Therefore before registering for UK MBA courses make sure which specialization you want to opt for. Accordingly choose the university or the institute from which you want to pursue the courses by distance learning. There are some important things before registering to the online university. Try and do a little research and study about the university on the Internet. Check if the university or the institute has good reputation in providing courses by distance education, particularly UK MBA. If possible read some testimonials regarding the institute and also see if placement facilities are good.

UK MBA, which can be done through courses by distance learning programs, has many specializations. Some of them include:

  • Human Resource Management
  • Accounting and Finance Management
  • Sales and Marketing Management
  • Healthcare Management
  • International Business and Management
  • Public Relations Management
  • Information Technology Management
  • Quality Management
  • Sustainability and Environmental Management
  • Media and Communication Management
  • Product and Brand Management
  • Tourism and Hospitality Management
  • Sports and Leisure Management
  • Production and Operations Management
  • Economics and Statistics

Successfully completing a UK MBA program from a reputed university and institute can place you much higher than other candidates in the job field. Even the pay package of a candidate, who is a MBA holder, is much higher than that of a normal candidate with a general degree.

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Jems Morgan here focuses on the importance and advantages of courses by distance that are much more easier and convenient to pursue.For information on UK MBA please visit Morgan Jems

Friday, March 20, 2009

The United States House of Representatives approved a measure on Thursday to impose a heavy tax on bonuses to executives from companies that have been bailed out by the government. The bill was passed by a margin of 328-93.

Under the bill, executives making over US$250,000 a year would be charged a 90% tax on bonuses. The tax would apply to firms that have been given at least $5 billion in aid from the government.

The move comes after recent outrage at American International Group (AIG), which gave out $165 million in bonuses to its top executives after receiving no more than $180 billion in government bailouts. AIG has said that the bonuses had to be given out, as the company was legally required by contract to do so.

Is the government doing the right thing? Do you approve of the bill?
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Nancy Pelosi, the Speaker of the House, said that the bill was necessary because of the bad judgment shown by firms who received bailouts from the government.

“We must stabilize the financial system in order to strengthen our economy and create jobs. We must also protect the American taxpayer from executives who would use their companies’ second chances as opportunities for private gain. Because they could not use sound judgment in the use of taxpayer funds, these AIG executives will pay the Treasury in the form of this tax,” said Pelosi to reporters following the House vote.

The Senate is expected to vote upon a similar version of the bill. If approved, the differences between the two versions would have to be bridged before it could be signed into law.

Saturday, April 23, 2011

Apple Inc.’s iPhone and iPad periodically send location information back to the company, according to new reports. The data is transmitted to a secure database that only it can access, Apple claims.

Bruce Sewell, an attorney for Apple, sent a letter to two US Representatives last year, discussing the company’s data collection techniques and policies. The thirteen-page letter states that location information is recorded and sent to Apple every twelve hours, but only if the user enables the device’s location settings.

Apple began building a location database of its own when it decided to stop using similar services offered by Google & SkyHook Wireless. Location data is used in social networking applications and call routing.

In a statement to the Associated Press, Democratic Massachusetts Representative Edward Markey said, “Apple needs to safeguard the personal location information of its users to ensure that an iPhone doesn’t become an iTrack.”

Such data collection is not unique to Apple. Google’s Android operating system uses similar technology to provide location-based services to its users. Google has said that it also uses the data collected to provide accurate traffic data through its “Maps” applications on both Apple and Android devices. However, the company declined to comment on the latest findings regarding its data collection.

Apple was also recently in the spotlight after it was discovered that the iPhone and iPad were retaining location data on the device itself. This information is collected in an unencrypted file and is not transmitted elsewhere. The data file reportedly contains a variety of information, including longitude and latitude, cell phone tower identification data, wireless hotspot identification, and timestamps.

 This story has updates See Steve Jobs denies ‘location-gate’ 

Tuesday, October 30, 2007

Bryan Habana, a rugby player for the South Africa national rugby union team and the Blue Bulls, was tackled by a fan who tried to grab the Webb Ellis Cup from Habana while he was accepting the award at Newlands Stadium in Cape Town.

“[The fan] came like a bullet, flying through a crowd of people that were behind Bryan. Bryan luckily saw him and kept the trophy tight,” said Rayaan Adriaanse, a spokesman for South African Rugby who said that the man was the only “individual intent on spoiling the enjoyment of a lot of people.”

The fan can be seen coming out of the left of the screen and jumping up in an attempt to grab the trophy, which Habana was raising above his head. The trophy did fall, but was not damaged despite its lip hitting the ground.

The unnamed man was immediately apprehended by stadium officials and was given a warning. He was not arrested. He was reported as an “overexcited fan.”

Saturday, May 7, 2005

Testing began on a chemical reactor at the Newport Chemical Depot near Terre Haute, Indiana on Friday morning. If successful, the reactor will be put to use destroying the large VX nerve gas stockpiles stored at the facility over the course of the next two years. After the disposal project experienced several delays, the facility announced it would begin pumping VX into a completed disposal unit for testing. The unit consists of a chemical reactor in which the VX will be mixed with water and sodium hydroxide, heated to 194°F while mixed with paddles. The resulting chemical, called hydrolysate, is chemically similar to commercial drain cleaners and has similar properties. If the test is successfully completed , the unit will continue processing the VX until the entire stockpile has been neutralized, a process projected to take two years. Administrators expect to complete testing on May 10, 2005.

According to the controversial plan, the finished waste product would be shipped to New Jersey for final reprocessing. The inert chemical would then be emptied into the Delaware River where natural attenuation would occur.

Residents near the proposed river disposal site in New Jersey oppose this idea. The contractor for the final component of this disposal would be the DuPont Corporation.

NCD is a bulk chemical storage and destruction facility in west central Indiana, thirty miles north of Terre Haute. Originally founded during World War II to produce RDX, a conventional explosive, it later became a site for chemical weapons manufacturing during the Cold War. It is now used to securely store and gradually neutralize part of the US stockpile of VX.

VX was manufactured by the U.S. in the 1950s and 60’s as a deterrent to possible Soviet Union use. It was never deployed, and the manufacture was halted in 1969 after an order signed by then-president Richard Nixon.

In 1999, the Army announced it awarded a disposal contract to Parsons Infrastructure & Technology, Inc., a business unit of Parsons Corporation. Some 220 civilian Parsons employees work at the facility, which is supervised by an Army officer reporting to the U.S. Army Chemical Materials Agency, and a board of civilian government overseers called the Indiana Citizens’ Advisory Commission, some of whose members are appointed by the state governor.

Security at the facility is controversial. A private security service, supplemented by a complement of Indiana National Guard soldiers, guarded the facility until April 14, 2005, when the soldiers were withdrawn. An Indianapolis television station has questioned security measures in some of its special reports.

Saturday, November 22, 2008

The National Socialist Movement is, according to its website, the largest and most active Nazi party in the United States. Accordingly, it refers to itself as ‘America’s Nazi Party’ and aims to instigate major change in the US.

Wikinews was able to conduct an interview with the head of the party, Commander Jeff Schoep. Fresh back from a march in Missouri, Commander Schoep told Wikinews his views on Barack Obama, the economy and much more.

Read the full exclusive interview below:

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