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Monday, July 4, 2011

Officials announced that a treasure containing sacks of diamonds and gold coins as well as golden idols, jewelry and other riches has been discovered in the secret subterranean vaults of Sree Padmanabhaswamy temple, in the southwestern state of Kerala, India. Estimates of its worth have been rising and it is now thought to be worth US$20 billion.

The Hindu temple was built in the 16th century by the kings of the then Kingdom of Travancore to serve as a royal chapel for the rulers of Travancore. The six vaults containing the treasure have been undisturbed for over a century. Assessment of the treasure began on June 27 after a lawyer concerned about the security of the treasure petitioned India’s Supreme Court, which then appointed a seven-member panel of experts to inventory the treasure. The panel does not have the power to determine to whom the treasure will belong. Estimates of the treasure’s worth are rising, provoking a heated debate as to how the treasure will be used in a country that has 450 million poverty-stricken people.

The chief minister of Kerala, Oommen Chandy, announced on Sunday the treasure would remain with the temple, and security matters would be decided in consultation with the Travancore Royal Family, the temple management, and the temple priest.

“The gold was offered to the lord. It is the property of the temple. The government will protect the wealth at the temple,” Oommen Chandy said. Meanwhile, hundreds of armed police have been deployed around the temple to protect the treasure.

However, the view that the treasure should remain at the temple has been disputed. Among the dissenters is eminent jurist V R Krishna Iyer, who said the treasure should be put in a national trust for the peoples’ benefit. “God’s wealth belongs to the people, not to the king. It’s meaningless to say that it belongs to Hindus or any particular religious community,” said Iyer. “A mechanism should be devised to ensure that the benefits of it reach the poor and the needy and not the rich.”

Five of the six vaults of the Sree Padmanabhaswamy Temple have been inventoried.

On Saturday, reports leaked to the press revealed that the treasure, including a golden idol of Mahavishnu and a golden ‘anki’, were found in one of the vaults, estimated to weigh 30 kilograms, along with precious stones, silver, two coconut shells of pure gold and another golden idol as well as other jewels and valuable coins. The panel hopes to find more treasure when the sixth and final vault is opened, but the attempt was suspended on Monday because the iron door inside presented “technical problems” requiring further consultation before opening. This vault is thought to contain the bulk of the wealth.

Keralan officials in a preliminary estimate said that the treasure was worth over US$11.2 billion; those estimates have now risen to US$20 billion. Historians say that the temple’s location on a site through which passed lucrative trade routes support the higher evaluations.

“Traders, who used to come from other parts of the country and abroad for buying spices and other commodities, used to make handsome offerings to the deity for not only his blessings but also to please the then rulers,” said P.J. Cherian, the director of Kerala Council for Historic Research

Some suggest that the profit from the sale of the treasure would be enough to wipe out the entire public debt of Kerala and fund future Kerala projects such as seaports, airports and highways.

Monday, July 17, 2006

The leaders of the Group of Eight (G8) nations met over the weekend in St. Petersburg in Russia for the 32nd G8 Summit, held under Russia’s presidency, to discuss the ongoing Israel-Lebanon crisis, the stalled world trade talks and other issues. They also met with other world leaders, the UN Secretary General Kofi Annan and World Trade Organisation chief Pascal Lamy.

Friday, February 2, 2007

An advertising campaign for shows on Adult Swim, a programming block on Cartoon Network, which is owned by Turner Broadcasting, gave local and federal law-enforcement a scare when devices were discovered on eight different bridges and roads.

The U.S. city of Boston was snarled in traffic jams January 31 as police investigated devices with flashing lights representing a cartoon character were placed around bridges and other areas throughout the city.

Different governmental agencies were brought in to help deal with the problem, which was later found to be no threat, as described by Boston Police Department spokesperson Eddy Chrispin. A bomb squad was deployed under supervision of the FBI, Boston police, the US Coast Guard, and different federal agencies.

The advertising campaign, for the widely popular program Aqua Teen Hunger Force, featuring characters from that series, was in place for two to three weeks in Boston, New York, Los Angeles, Chicago, and many other major US cities.

Two people have been arrested for alleged participation in this incident.

Turner Broadcasting Systems hired New York marketing firm Interference Inc. which in turn hired individuals in the various cities to place the devices promoting the cartoon’s fifth season, scheduled for a February 23 premiere. Road and rail traffic was disrupted by police as they investigated and removed the devices.

The mostly flat devices resemble two-foot-square Lite-Brites with batteries attached to the bottom and visible wires.

G4TV has dubbed the incident “Aquagate” on its broadcast of Attack of the Show segment The Feed.

It is not known why the devices took police several weeks to notice, nor why the devices were believed to be dangerous.

Monday, November 21, 2016

UK Prime Minister Theresa May and opposition leader Jeremy Corbyn both spoke at the annual Confederation of British Industry conference today, talking about Britain after its planned ‘Brexit’ from the European Union, and future plans for business.

May formally announced plans to cut corporation tax from 20%, without giving details, in order to discourage businesses from leaving the UK post-Brexit. Corbyn said in his speech he believes investment by the government on things such as infrastructure improvements is shared ground between Labour and businesses but “businesses will need to contribute” meaning “some increase in corporation tax” under his administration.

Theresa May also toned down plans to put ordinary workers on corporate boards, a campaign promise from running to become leader of the ruling Conservative Party. She said she is working to create a “model that works for everyone” after consulting firms and the general public, with possible plans including panels or advisory committees. The General Secretary of the Trades Union Congress responded by saying “Theresa May made a clear promise to have workers represented on company boards […] This is not the way to show that you want to govern for ordinary working people.” Jeremy Corbyn also criticised this announcement saying “we need to see genuine employee representation at board level, which the prime minister promised, but I see is already backing away from.”

Theresa May also announced she wishes to spend £2Bn annually in research and development, as well as plans to start a small business research initiative to look into helping innovators get ahead. Jeremy Corbyn however said he plans to spend 3% of the UK’s GDP on R&D, significantly more than specified by May.

Jeremy Corbyn’s plans for the UK’s economy focussed on investment. Speaking at the conference he said “First and foremost, a Labour government will prioritise investing in our economy.” As well as the investment in research, Corbyn also promised funds for areas including house building and infrastructure. This would be controlled by the proposed “National Investment Bank”. Corbyn said “Our National Investment Bank will deliver long term strategic investment in our under-powered infrastructure and provide the patient finance that our businesses need across the country.”

May told the conference she would not give “a running commentary on every twist and turn” of the Brexit negotiations. This comes after allegation in the press that she she has no plan to keep under wraps, a claim that has been backed up by an alleged leaked internal government memo that talks about a “lack of overall negotiation strategy” within government.

Sunday, April 29, 2012

As many states across the US continue to struggle financially, many individuals, including some economists report multiple positive indicators for Texas.

The chief economist with Comerica Bank told media sources this week that most of the improvements are attributed to strong creations of jobs in both the energy and manufacturing and services sectors. More specifically, that report called the state’s recent job growth, “robust”.The state’s unemployment rate in March was more than 1% lower than the nationwide rate, according to recent data.

When asked her opinion about the state’s present economic trajectory, Chantal Woodhull, a middle school teacher in Tyler, Texas told Wikinews, “It’s getting better.” Other sources indicate slight improvements in the real estate sector.

According to a recent report, retail job growth in Houston outstretched all other states, increasing its number of workers by over 4%. Across the US, retail jobs are improving at a slow pace in many large metropolitan areas.

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Monday, September 14, 2009

Local police reports say that 47 people were injured and 60 arrested in Hamburg, Germany, following violence between police and protestors over the past two days.

2,000 officers were deployed to help contain the riots. They deployed water cannons against the demonstrators, whose numbers were reported by different sources as 2,000 and 6,000. The demonstrators, protesting a rally held by about 100 members of the far-right National Democratic Party, had been throwing stones and other objects in the neighbourhood of Schanzenviertel. Several cars were set on fire and the demonstrators destroyed a bus stop.

Senior police official Peter Born said 28 police officers were wounded in the clashes.

Tuesday, November 15, 2005

People rallied in 300 locations across Australia today to protest the Federal Government’s proposed changes to industrial relations laws, WorkChoices. According to police, around 150,000 people congregated in Melbourne, from where speeches were broadcast throughout the country. In Sydney, thirty thousand gathered in Belmore Park and Martin Place to watch the broadcast before marching to Chifley Square.

Sharan Burrow, President of the Australian Council of Trade Unions (ACTU), said that under the changes many working conditions would be under threat, including “penalty rates, public holidays, overtime pay, control over rostered hours, shift penalties, even 4 weeks annual leave.” The government has claimed, despite various expert assesment to the contrary, and opposition from major Australian religious and charity organisations and some concern from its own backbench, that the IR changes will improve the economy and ultimately benefit workers, and dismissed the protests as having “little effect”.

Monday, August 27, 2007

The government of Finland has announced it will offer to send three specialist firefighting helicopters, 25 firefighters and 2-3 forest fire experts to Greece via the European Union to assist with the forest fire emergency Greece is currently experiencing.

Greece is currently in urgent need of fixed-wing aircraft with water-bombing capabilities, assets which Finland does not posses. If the Greek authorities deem Finland’s offers to be suitable, they will be dispatched with immediate effect, within six hours of Greece requesting the rotorcraft and personnel.

It is thought that the men would most likely be put to use protecting built-up areas in an attempt to prevent the death toll, already over 60, from rising any higher.

The helicopters have been sourced via a private company. Finland said that the country could not commit to send the aircraft any sooner without arrangements being made to cover their removal from service, as otherwise safety in Finland would be severely jeopardised, with emergency aircraft unavailable should Finland experience any fires of its own.

The helicopters Finland have available can each carry up to 800 litres of water or foam retardant, whereas large firefighting planes can carry tens of thousands of litres.

Finland had previously thought they would be unable to spare any help for Greece, and it was only after much sourcing of aircraft from the private sector that Finland was able to make the offer. Finland are also looking into whether they may be of assistance in reforestation efforts after the fires have been extinguished.