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Wednesday, May 30, 2007
In trading Wednesday, the Chinese stock markets plunged after the government tripled a tax on securities transactions. The so-called stamp tax was raised from 0.1% to 0.3% in an effort to cool the rapidly rising market.
The Shanghai Composite Index of A-shares fell 6.5%. The CSI 300 fell 6.8%, with over half of the listed companies falling the single day limit of 10%.
The market has already doubled in value this year, after rising 130% in 2006. It is estimated that some 300,000 new brokerage accounts are opened on an average day. Novice investors are reportedly sinking their life savings into the market.
Meanwhile, the World Bank raised its forecast for GDP growth for China in 2007, from 9.6% to 10.4%.
“The stamp tax is the latest gesture by the Chinese government to warn investors,” Phil Chen of Grand Cathay Securities Investment Trust Co. told Bloomberg. “The trouble is, Chinese investors probably won’t care if a few breadcrumbs are dropped in the transaction as they have such extraordinary returns on their investments.”
Saturday, December 15, 2007
2007 Taipei International Travel Fair (Taipei ITF), supported by governments with new premiums promoted by Executive Yuan in the future, started with a great new scale at December 14 to 17. In the opening morning yesterday, governmental people and ambassadors from several countries including Taiwan successively visited this show.
The show organizer, Taiwan Visitors Association (TVA), held 2 opening ceremonies for Cross-Strait Pavilion and the main show. In the side of Cross-Strait, several teams performed traditional entertainment shows like “Bian Lian” (Face-Changing) and Martial Arts of Shaolin Monastery (In Chinese: Shaolin Kungfu) successively at press conference and welcome reception yesterday and opening ceremony today. Participants from China and Taiwan hoped the relation from Cross-Strait can be improved with tourism industry.
In the main opening ceremony, Premier of the Republic of China Chun-hsiung Chang not only announced the premiums of “2008-2009 Visit Taiwan Year” but also said: “We (the Executive Yuan) will still encourage foreign visitors visit Taiwan and also provide premiums for groups with a charter airline. with our ‘2008-2009 Visit Taiwan Year’ in the future”.
Not only Chun-hsiung Chang, Minister of Transportation and Communications Duei Tsai, Commissioner of Tourism Bureau of MOTC Janice Lai, and the current President of Palau Thomas Esang Remengesau, Jr. visited this show. Governments in several divisions participated in this show to showcase traditional cultures from several divisions with unlimited potentials on tourism industry in Taiwan.
Wednesday, February 18, 2009
According to media reports, a Colombian air force AC-47 (registration FAC1670) spy plane carrying five people has crashed near the Colombian city of La Dorada, in the department of Caldas.
All on board the plane are believed to have been killed, according to Colombia Reports. Among the dead, according to Monsters and Critics, are two technicians, a major and two second lieutenants. ABS-CBN News reports that the dead included three high ranking officials and two lower ranking ones.
Jorge Ballesteros, a Colombian air force official, says that the plane took off from an air force base in the city of Puerto Salgar and was on an exercise mission when it crashed. He also states that although it was on a training exercise, the plane was carrying bombs and machine guns.
A military team has been dispatched to the area to investigate the incident, but they have already put the blame on mechanical failure. Ballestero noted that investigators have ruled out a rebel attack and terrorism as possible causes.
AC-47’s have been used by the Colombian air force for nearly 20 years, most of which were donated from the United States. They were provided to the country in an attempt to fight the illegal drug market and to defend citizens and the military against rebel attacks. They are also used to gather intelligence and come equipped with a state-of-the-art communications system, radar and infrared detection systems.
Wednesday, March 21, 2007
In a Public Safety Bulletin released March 20, 2007, a coroner in Victoria, British Columbia, Canada, warns on the dangers of purchasing pills from online companies.
Rose Stanton, Regional Coroner for the Vancouver Island area, has linked the purchase of pills on the Internet to the recent death of a British Columbia woman.
The woman, a 57-year old from the Campbell River area, died from poisoning, according to preliminary test results. The precise cause of death is still being investigated by police and the coroners service, according to Stanton.
In late December 2006, the woman had told friends of feeling unwell with flu-like symptoms, and had experienced hair-loss and blurred vision. She died a few days later.
Pills found in the possession of the dead woman were traced back to a purchase the woman made on a health-related website. The death is thought to be the first in Canada caused by pills purchased on the Internet.
Analysis of the pills by the Provincial Toxicology Centre revealed that some contained an anti-anxiety drug, obtained normally with a prescription in Canada. In addition, the pills contained a sedative not legally sold in Canada, which has been linked to overdose deaths in other countries.
On further testing, the pills were found to contain a non-medicinal filler and revealed the presence of heavy metals, some of which can cause serious illness, according to the Bulletin.
“We cannot impress upon the public strongly enough the dangers of buying medications online from a company you don’t know,” said Stanton. “There is just no way of knowing what you are getting.”
The website in question belonged to a group of companies which, according to the coroner’s investigation, change websites and Internet addresses every few days.
The B.C. Coroners Service is recommending that if someone has purchased drugs over the Internet that they are uncertain about, they should bring them, in the original packaging, to a pharmacy for proper disposal.
Tuesday, May 31, 2005
One thousand residents of the Defense Department-managed Armed Forces Retirement Home in Washington, D.C. filed a class-action lawsuit on May 24, asserting that the cut-backs in medical and dental services imposed by Secretary of Defense Donald Rumsfeld are illegal. The operating budget for the home was reduced from $63 million in 2004 to $58 million for 2005. The residents cite cuts in on-site X-ray, electrocardiogram, physical and dental services, and the closing of the home’s main clinic and an on-site pharmacy.
Chief Financial Officer Steve McManus responded that the changes not only save money but also achieved improved efficiencies. “We’re really trying to improve the benefits to our residents,” he said.
Most of the home’s costs are paid for by a trust fund and monthly fees paid by residents. By law, the Armed Forces Retirement Homes are required to fund, “on-site primary care, medical care and a continuum of long-term care services.”
Saturday, April 17, 2010
Journalist, counselor, painter, and US 2012 Presidential candidate Joe Schriner of Cleveland, Ohio took some time to discuss his campaign with Wikinews in an interview.
Schriner previously ran for president in 2000, 2004, and 2008, but failed to gain much traction in the races. He announced his candidacy for the 2012 race immediately following the 2008 election. Schriner refers to himself as the “Average Joe” candidate, and advocates a pro-life and pro-environmentalist platform. He has been the subject of numerous newspaper articles, and has published public policy papers exploring solutions to American issues.
Wikinews reporter William Saturn? talks with Schriner and discusses his campaign.
Tuesday, July 7, 2009
English actress Rachel Weisz thinks that Botox injections should be banned for all actors.
The 39-year-old actress, best known for her roles in the Mummy movie franchise and for her Academy Award-winning portrayal in The Constant Gardener, feels facial Botox injections leave actors less able to convey emotion and that it harms the acting industry as much as steroids harm athletes.
In an interview with UK’s Harper’s Bazaar, coming out next month, Weisz says, “It should be banned for actors, as steroids are for sportsmen,” she claims. “Acting is all about expression; why would you want to iron out a frown?”
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Currently living in New York, she also mentions that English women are much less worried about their physical appearance than in the United States. “I love the way girls in London dress,” she claimed. “It’s so different to the American ‘blow-dry and immaculate grooming’ thing.”
Sunday, January 27, 2008
Viktor Schreckengost, the father of industrial design and creator of the Jazz Bowl, an iconic piece of Jazz Age art designed for Eleanor Roosevelt during his association with Cowan Pottery died yesterday. He was 101.
Schreckengost was born on June 26, 1906 in Sebring, Ohio, United States.
Schreckengost’s peers included the far more famous designers Raymond Loewy and Norman Bel Geddes.
In 2000, the Cleveland Museum of Art curated the first ever retrospective of Schreckengost’s work. Stunning in scope, the exhibition included sculpture, pottery, dinnerware, drawings, and paintings.
Friday, April 7, 2006Legislators in the Massachusetts General Court, their name for the state legislature, approved legislation on Tuesday, April 4, that would make it the first state in the United States to require all residents to have health insurance and impose penalties for non-compliance. Massachusetts Governor Mitt Romney, a Republican who is expected to run for U.S. President in 2008, is expected to sign the bill.
The bill passed the lower house, the Massachusetts House of Representatives by a vote of 155-2, and unanimously by the state senate. The Democratic Party holds supermajorities in both houses of the legislature.
Among the bill’s provisions are these:
- Businesses that employ more than 10 people are required to provide health insurance for all staff or face fines of $295 per year per uninsured worker.
- Individuals will be required to enroll in a health plan by July 1, 2007, or face tax penalties.
- Health insurers will provide partially to fully subsidized coverage for low-income residents.
At least one other state (Hawaii) requires employers to provide employee health insurance, but no other state holds individuals accountable for coverage.