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Market Data

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Market Data

Warning: The information on this page may be incorrect and/or outdated. Don’t trust it.


Information about the world’s markets index, no longer maintained.

Index Name Description Current Value Change Updated
^MERV MerVal (Argentina) 1479.650 25.720 Tuesday, July 26, 2005
^AORD All Ordinaries (Australia) 4338.100 0 Tuesday, July 26, 2005
^ATX ATX (Austria) 4.898,18 -0.1% Friday, June 22, 2007
^BFX BEL-20 (Belgium) 3198.57 11.59 Tuesday, July 26, 2005
^BVSP Bovespa (Brazil) 24868.471 337.682 Tuesday, July 26, 2005
^GSPTSE S&P TSX Composite (Canada) 10367.89 5.34 Tuesday, July 26, 2005
^SSEC Shanghai Composite (China) 1072.807 27.407 Tuesday, July 26, 2005
^PX50 PX50 (Czech Republic) 0 0 Monday, January 01, 0001
^KFX KFX (Denmark) 348.10 -0.22 Tuesday, July 26, 2005
^CCSI CMA (Egypt) 1753.22 -16.36 Tuesday, July 26, 2005
^FCHI CAC 40 (France) 4420.78 -1.34 Tuesday, July 26, 2005
^GDAXI DAX (Germany) 4843.49 0.79 Tuesday, July 26, 2005
^HSI Hang Seng (Hong Kong) 28,228.04 +457.75 (1.65%) Monday, October 09, 2007
^BSESN BSE 30 (India) 7612.00 -3.99 Wednesday, August 24, 2005
^JKSE Jakarta Composite (Indonesia) 2,846.24 0 Wednesday, May 5, 2010
^TA100 TA-100 (Israel) 694.76 -0.52 Tuesday, July 26, 2005
^MIBTEL MIBTel (Italy) 25703.000 28.000 Tuesday, July 26, 2005
^N225 Nikkei 225 (Japan) 11737.96 -24.69 Tuesday, July 26, 2005
^KLSE KLSE Composite (Malaysia) 935.74 -4.10 Tuesday, July 26, 2005
^MXX IPC (Mexico) 14067.730 -67.510 Tuesday, July 26, 2005
^AEX AEX General (Netherlands) 395.55 1.01 Tuesday, July 26, 2005
^NZ50 NZSE 50 (New Zealand) 3348.232 0 Tuesday, July 26, 2005
^OSEAX OSE All Share (Norway) 330.032 0.104 Tuesday, July 26, 2005
^MTMS Moscow Times (Russia) 0 0 Monday, January 01, 0001
^STI Straits Times (Singapore) 2321.77 0 Tuesday, July 26, 2005
^KS11 Seoul Composite (South Korea) 1090.6 0 Tuesday, July 26, 2005
^SMSI Madrid General (Spain) 1085.59 2.30 Tuesday, July 26, 2005
^SXAXPI Stockholm General (Sweden) 265.55 0.44 Tuesday, July 26, 2005
^SSMI Swiss Market (Switzerland) 6521.02 17.08 Tuesday, July 26, 2005
^TWII Taiwan Weighted (Taiwan) 6366.16 0 Tuesday, July 26, 2005
^XU100 ISE National-100 (Turkey) 0 0 Monday, January 01, 0001
^FTSE FTSE 100 (United Kingdom) 5256.20 -14.50 Tuesday, July 26, 2005
^DJI Dow Jones Industrials (USA) 11,076.34 +104.06 March 11, 2006
^NYA NYSE Composite (USA) 8,079.24 +71.41 March 11, 2006
^IXIC NASDAQ Composite (USA) 2175.99 9.25 Tuesday, July 26, 2005
^GSPC S&P 500 (USA) 1231.16 2.13 Tuesday, July 26, 2005

Index Description Last Change As of
^DJI Dow Jones Industrials (USA) 11,076.34 +104.06 March 11, 2006
^NYA NYSE Composite (USA) 8,079.24 +71.41 March 11, 2006
^IXIC NASDAQ Composite (USA) 2175.99 9.25 Tuesday, July 26, 2005
^AORD All Ordinaries (Australia) 4338.100 0 Tuesday, July 26, 2005
^FTSE FTSE 100 (United Kingdom) 5256.20 -14.50 Tuesday, July 26, 2005
more indices

= STG£0.5349 = €0.7727 = ¥106.4000
= STG£0.6923 = $1.2942 = ¥137.6900
= US$1.8694 = €1.4443 = ¥198.8550
= STG£0.0050 = $0.0094 = €0.0073

(Commodities & currencies as of 2005-03-24 T 23:00 UTC, or last close were applicable. None of this data is guaranteed to be correct. Please read our General disclaimer and Risk disclaimer.)|}

  • Market Data/Energy
Retrieved from “https://en.wikinews.org/w/index.php?title=Market_Data&oldid=1321145”

African nations gather to support a ban on cluster bombs

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African nations gather to support a ban on cluster bombs

Thursday, April 3, 2008

A 39-nation coalition in Africa passed a declaration on Tuesday to ban cluster bombs in a nearly unanimous vote. The gathering in Lukasa, Zambia was the first meeting of the Cluster Munition Coalition (CMC) in Africa.

“Africa is ready for Dublin,” summarised Zambian delegate Robert Mtonga, referring to the upcoming May 19-30 meeting in Ireland to discuss a global ban on the weapons. “Too often Africa’s voice is pushed to the margins in international decision-making. But in banning cluster bombs worldwide, a common African voice will speak volumes and win the day”.

Too often Africa’s voice is pushed to the margins in international decision-making. But in banning cluster bombs worldwide, a common African voice will speak volumes and win the day.

Mtonga was critical of South Africa, the lone voice against Monday’s decision and the continent’s largest producer and stockpiler of cluster bombs, and called on the country to destroy its munitions and join the coalition to outlaw their use. Egypt, the only other African nation to produce the controversial weapons, voiced support for the ban.

“Strong political will” was credited with the resolution, by CMC co-ordinator Thomas Nash in recognising the drive “to stop the proliferation of this outdated weapon”.

In a released statement the CMC said that 19 African countries, including South Africa, have endorsed the Wellington Declaration. The Wellington Declaration is the basis for the upcoming negotiations at the Dublin Diplomatic Conference in Ireland in May.

While countries such as Germany and the United Kingdom have tabled the idea of a “transition period” during which time cluster bombs would remain a legitimate weapon of war, the African delegation was resolutely against the idea, calling for an immediate ban.

Cluster munitions are dropped from aircraft, opening in mid-air and releasing a large number of smaller explosives over a wide area. Writer Theodora Williams stated that their use usually results in “…the death and maiming of thousands of innocent civilians”.

There are currently 13 African nations that possess cluster bombs although Uganda has recently announced they are destroying their stockpiles. The weapons have been used in eight African conflicts in the past 35 years. In addition to Ethiopia, Morocco, Nigeria and the Sudan, other nations known to have used the weapons are the former Yugoslavia, Eritrea, France, Israel, the Netherlands, Russia, Saudi Arabia, Sudan, Tajikistan, the United Kingdom and the United States.

According to the San Francisco Chronicle, the United States, China, Russia, and Israel have resisted any ban on cluster bombs, arguing that they can be used in self-defense. The San Francisco Chronicle reported that the United States has lobbied allies to create loopholes in the upcoming Oslo treaty, to allow for the use of cluster bombs. Reuters reported that a U.S. official had stated that cluster bombs should not be banned if they are used responsibly in state conflicts.

In October 2007, Uganda became the first African country to state it would destroy its cluster bomb stockpiles. Uganda has announced a pan-African meeting to take place after the Dublin meeting, which would seek to garner support for the signing of a treaty in Oslo set to take place in December 2008. The weapons have been used in eight African conflicts in the past 35 years.

The CMC is an international network composed of over 250 civil society organizations in 60 countries, with the stated aim of protecting civilians from cluster munitions. Members of the CMC have been working to complete an international treaty to ban cluster munitions by 2008.

At the February CMC committee meeting in New Zealand, only 82 of the 122 nations present endorsed a draft ban on the production, usage or storage of cluster bombs.

Retrieved from “https://en.wikinews.org/w/index.php?title=African_nations_gather_to_support_a_ban_on_cluster_bombs&oldid=774203”

Feverfew compound gets at leukemia roots

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Feverfew compound gets at leukemia roots

Wednesday, February 23, 2005A compound in the common daisy-like plant feverfew kills human leukemia stem cells and could form the basis for newer, more effective drugs for the disease.

American researchers at the University of Rochester Medical Center in New York say that it could take months to develop a useable drug from the compound, parthenolide.

However, they are working to do so with chemists at the University of Kentucky who have identified a water-soluble molecule with the same properties. The US National Cancer Institute has also accepted the work into its rapid access program, which aims to speed experimental drugs into human clinical trials.

“This research is a very important step in setting the stage for future development of a new therapy for leukemia,” says Rochester researcher Craig Jordan. “We have proof that we can kill leukemia stem cells with this type of agent, and that is good news.”

Parthenolide appears to target the roots of myeloid leukemia, stem cells, while current treatments including the relatively new drug Gleevec don’t. So, “You’re pulling the weed without getting to the root,” says Jordan.

Used for centuries to fight fevers, inflammation and arthritis, feverfew earned interest from the Rochester researchers after other scientists showed that it could prevent skin cancer in animal models.

So the researchers investigated how a concentrated form of the plant component parthenolide would affect leukemia cells and normal cells.

Comparing the impact of parthenolide to the common chemotherapy drug cytarabine, they found that parthenolide selectively killed leukemia cells while sparing normal cells better.

While the findings suggest that parthenolide is a good starting point for new drugs, people with leukemia aren’t being encouraged to take high doses of feverfew as they could not take enough of the remedy to halt the disease.

The research is reported in the journal Blood.

Retrieved from “https://en.wikinews.org/w/index.php?title=Feverfew_compound_gets_at_leukemia_roots&oldid=1985493”

The Bounty Hunter And His Role In The Bail Bond Business

Submitted by: Anna Hong

Bounty hunters are an integral part of the legal system in the United States and some of the other countries in the planet. Bounty hunters or the unofficial law enforcement agents, who’re responsible to track down the escaped defendants and fugitives, are banned in quite a few countries, and their work is performed by the official law enforcement agents. Bounty hunters are responsible to perform many functions; nonetheless, one of their major functions would be to track down and capture the defendants, who’ve failed to fulfill their promise to appear in the court at a specific date for their hearings. When defendants don’t show up in the court, the agencies generally hire bounty hunters to track them down and arrest them. They work independently and like freelancers, even though, they are primarily hired by the bail bond agencies and organizations, who would like to track their flown clientele down, and to redeem their income.

Bounty hunters are allowed to work in the United States of America and in the country of Philippines. In the rest of the states in the planet, the standard local law enforcement agencies perform these functions of tracking down and capturing the escaped defendants. So that you can have to work as a bounty hunter in any place, the individual needs to take a look at the local laws, and see if the chance is there or not.

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Education is not a real issue in the profession of a qualified bounty hunter. There is not any specific set of necessary education and/or qualification which is deemed necessary so as to work as a bounty hunter. Nevertheless, a simple understanding of the legal systems and the local laws could prove to become highly valuable for the individual. Understanding in the above stated dimensions are generally seemed as a big plus for the candidate to work as a bounty hunter. As there’s generally not an education or qualification for this field, the person who is willing to work as a bounty hunter would may have to acquire a license to work in the state.

Getting a job is not that uncomplicated in case of a bounty hunter. Considering that most of the bounty hunters are appointed by the bail bond organizations and companies, the individual needs to have some sort of contact in this industry. A bounty hunter should go and method these bail bonding agencies or lawyers to possess a kick start in his career. Advertisement might also prove to become a useful source in getting work. A lot of companies can be discovered in need of bounty hunters, by the sources of ads and job portals.

The work, even so, is sort of difficult for a certain group of folks. The work involves risks, adventures, odd timings, contacts and also a bit of heroism. A bounty hunter operates mainly as a freelancer and the work timing is generally odd. Generally the T.V. shows disguise the work as rather adventurous and exciting; however, numerous people have claimed it to become boring, even though other people have reported otherwise. In short, the results had been mixed. Among the many responsibilities of a bounty hunter, some of the significant responsibilities are to: investigate, chase, track down the defendant, arrest them, and safely bring them back to the agencies.

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Source:

isnare.com

Permanent Link:

isnare.com/?aid=1430534&ca=Business

Wikinews interviews Flame about special effects at New Zealand’s Rock2Wgtn festival

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Wikinews interviews Flame about special effects at New Zealand’s Rock2Wgtn festival

Thursday, August 7, 2008

Across Easter weekend Wellington, New Zealand was host to Rock2Wgtn, an international two-day hard rock festival. Large crowds showed up at Westpac Stadium to see the various acts. The world has never seen an event of this kind before, and New Zealand has never had any kind of major rock festival or multi-day music festival.

Day one featured three theatrical acts. Finnish band Lordi, known for their monster costumes, opened the night. They were followed by the US shock rocker Alice Cooper, whose themed set included the horror theatrics regularly associated with him and a hanging stunt he recently restarted after a gallows collapse nearly killed him two decades ago. The night was headlined by the distinctively costumed band KISS, complete with their famed black-and-white makeup.

The first major act on the stage on day two was the American hard rock/glam metal band Poison. After Poison, British act Whitesnake took to the stage and performed their set to the crowd. British-born American rocker Ozzy Osbourne, who, as well as a solo career, fronts the world-famous Black Sabbath, was the second night’s headline act.

The festival’s entertainment did not stop at the six main acts. There was also support performances from three New Zealand bands – The Symphony of Screams, The Valves and Sonic Altar. Their sets were accompanied by a special effects package from award-winning studio Weta Workshops, who are known for their work on movies such as The Lord of the Rings film trilogy. This came in the form of ‘Drusila the Dragon’, which rose up to a height of six foot and wigspan and moved for the audience, shining lasers from its eyes and breathing red smoke. Flame Fire Productions were hired to put on a fire show featuring several dancers alongside the performers. Also performing were six local guitarists and a group of ‘zombie‘ cheerleaders.

Wikinews was able to secure two exclusive interviews with those responsible behind the scenes for putting on such a show. Weta Workshop’s Philip Sharpe, who supervised the project and Milly Bea, current manageress of Flame Fire Productions, discussed their roles. In the first installment, Milly Bea tells us about “a definite highlight” for Flame and lets us know everything from her thoughts on Gene Simmons’s tongue to just how much kerosene it takes to put on a fire show at a rock fest.

Retrieved from “https://en.wikinews.org/w/index.php?title=Wikinews_interviews_Flame_about_special_effects_at_New_Zealand%27s_Rock2Wgtn_festival&oldid=2524761”

Wikinews interviews 2020 Melbourne Lord Mayor Candidate Wayne Tseng

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Wikinews interviews 2020 Melbourne Lord Mayor Candidate Wayne Tseng
This article mentions the Wikimedia Foundation, one of its projects, or people related to it. Wikinews is a project of the Wikimedia Foundation.

Thursday, October 22, 2020

2020 Melbourne Lord Mayor candidate Wayne Tseng answered some questions about his campaign for the upcoming election from Wikinews. The Lord Mayor election in the Australian city is scheduled to take place this week.

Tseng runs a firm called eTranslate, which helps software developers to make the software available to the users. In the candidate’s questionnaire, Tseng said eTranslate had led to him working with all three tiers of the government. He previously belonged to the Australian Liberal Party, but has left since then, to run for mayorship as an independent candidate.

Tseng is of Chinese descent, having moved to Australia with his parents from Vietnam. Graduated in Brisbane, Tseng received his PhD in Melbourne and has been living in the city, he told Wikinews. Tseng also formed Chinese Precinct Chamber of Commerce, an organisation responsible for many “community bond building initiatives”, the Lord Mayor candidate told Wikinews.

Tseng discussed his plans for leading Melbourne, recovering from COVID-19, and “Democracy 2.0” to ensure concerns of minorities in the city were also heard. Tseng also focused on the importance of the multi-culture aspect and talked about making Melbourne the capital of the aboriginals. Tseng also explained why he thinks Melbourne is poised to be a world city by 2030.

Tseng’s deputy Lord Mayor candidate Gricol Yang is a Commercial Banker and works for ANZ Banking Group.

Currently, Sally Capp is the Lord Mayor of Melbourne, the Victorian capital. Capp was elected as an interim Lord Mayor in mid-2018 after the former Lord Mayor Robert Doyle resigned from his position after sexual assault allegations. Doyle served as the Lord Mayor of Melbourne for almost a decade since 2008.

Retrieved from “https://en.wikinews.org/w/index.php?title=Wikinews_interviews_2020_Melbourne_Lord_Mayor_Candidate_Wayne_Tseng&oldid=4598699”

The Opportunities In Construction Jobs Abroad

By Duncan Freer

The Construction Industry operates on a global scale with many opportunities to work abroad. The developed world maintains many types of project, including continuation, decommissioning and environmental work, much of which is implemented by some of the industry’s leading companies, who are diversifying into new markets. Factors such as tourism and the continuing rise in the global population have increased the demand for housing, commercial buildings, high-rise constructions, industrial processing plants and new and improved transport infrastructures.

New markets are arising in countries with unused natural resources. Countries such as South Africa, South America and Russia are providing budding opportunities in this area, whilst countries in the Middle East, such as Saudi Arabia and Dubai are plowing billions of pounds worth of investment into housing, hospitals as well as residential and tourist developments. Other industries are having a positive effect on the construction industry; India has achieved an almost overnight success within its IT sector. As outsourcing and the off-shoring of international business have grown in conjunction with the development of this IT industry so, too, has the demand for commercial, residential and retail constructions. China is also offering substantial opportunities for jobs in construction as its changing infrastructure demands new housing and power developments.

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UK qualifications are well-respected worldwide by construction recruitment organizations, offering British workers considerable opportunities to work overseas. Whilst overseas project tend to favour more experienced graduates, many multinational companies will readily take on more-recently qualified graduates into their ranks. Contracts overseas can mean long periods of time away from the UK and, in some cases, working longer hours than UK contracts stipulate. However, in these circumstances, many companies offer employees additional pay allowances and extra money to assist the costs of intermittent flights back to Britain. Many consider this to be a career for single people, as the long periods away from home and the frequent lack of facilities to cope with dependants often take a toll on married couples or those in relationships.

Construction jobs overseas require a variety of employees with a variety of skills, such as site managers, site engineers, plant engineers, electricians, quantity surveyors, structural engineers, store managers, finance personnel, personnel managers, catering staff and procurement managers. Working abroad can also present language and cultural challenges, whilst trying to oversee a large build, but this leaves extra room for graduates to use their qualifications to their best advantage.

Of course, British engineers and specialists are not confined to finding construction jobs overseas; with the advent of the 2012 Olympics in the UK. Since 2006, the Olympic Committee has been sourcing the best candidates for the required builds and competition between companies is fierce for the relevant contracts. As the Games approach, there will be more and more opportunities for qualified candidates to consider making their mark on British soil, as well as taking into account the benefits offered by working overseas. The Olympics are being heralded as a showcase for the talents of UK construction companies, which is hoped to generate further work abroad.

About the Author: Duncan freer – Director – Construction Jobs Search is a job site dedicated to the specific needs of candidates who work in the building services and construction industry in the UK. We also provide recruiters with an online service that is effective in terms of cost and ease of use. Contacts For interviews, images or comments contact: John Roberts Marketing Manager Email: john@thejobsearchgroup.com

Source: isnare.com

Permanent Link: isnare.com/?aid=306030&ca=Jobs

Chris Benoit mystery editor confesses: claims “terrible coincidence”

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Chris Benoit mystery editor confesses: claims “terrible coincidence”

Friday, June 29, 2007

This article mentions the Wikimedia Foundation, one of its projects, or people related to it. Wikinews is a project of the Wikimedia Foundation.

The anonymous individual responsible for suggesting, 14 hours before police discovered the body, that WWE wrestler Chris Benoit’s wife was dead is saying his/her comment was a “terrible coincidence.”

I feel incredibly bad for all the attention this got because of the fact that what I said turned out to be the truth. Like I said it was just a major coincidence, and I will never vandalize anything on wikipedia or post wrongful information. I’ve learned from this experience. I just can’t believe what I wrote was actually the case, I’ve remained stunned and saddened over it….

In a post made at 12:26 AM EDT Friday morning to the talk page of a Wikinews article headlined as the “Death of Nancy Benoit rumour posted on Wikipedia hours prior to body being found”, the user admitted to writing that Nancy Benoit was dead at the Wikipedia article page for Benoit came from information that was garnered from “rumors and speculation online.”

The IP Address of the individual making the apology was identical to that of the one who posted the Nancy Benoit rumor, a strong confirmation of the admission’s authenticity. The lengthy apology was not signed, with the individual claiming, “I am just an everyday individual who posted a wrongful remark at the time that received so much attention because it turned out to actually happen.”

Wikinews originally broke the story about the suspicious edit after receiving a tip from Wikipedia administrators. The fact the edit originated from a computer in Stamford, Connecticut (the site of WWE headquarters) appears to be another coincidence.

The anonymous editor left a lengthy apology to the Wikimedia community, explaining, “I hope this puts an end to this speculation that someone knew about the tragedy before it was discovered.”

Wikinews is continuing to follow the story, but the anonymous user has declined an interview.

Below is the full, unedited apology:

Hey everyone. I am here to talk about the wikipedia comment that was left by myself. I just want to say that it was an incredible coincidence. Last weekend, I had heard about Chris Benoit no showing Vengeance because of a family emergency, and I had heard rumors about why that was. I was reading rumors and speculation about this matter online, and one of them included that his wife may have passed away, and I did the wrong thing by posting it on wikipedia to spite there being no evidence. I posted my speculation on the situation at the time and I am deeply sorry about this, and I was just as shocked as everyone when I heard that this actually would happen in real life. It is one of those things that just turned into a huge coincidence. That night I found out that what I posted, ended up actually happening, a 1 in 10,000 chance of happening, or so I thought. I was beyond wrong for posting wrongful information, and I am sorry to everyone for this. I just want everyone to know it was stupid of me, and I will never do anything like this again. I just posted something that was at that time a piece of wrong unsourced information that is typical on wikipedia, as it is done all the time.

Nonetheless, I feel incredibly bad for all the attention this got because of the fact that what I said turned out to be the truth. Like I said it was just a major coincidence, and I will never vandalize anything on wikipedia or post wrongful information. I’ve learned from this experience. I just can’t believe what I wrote was actually the case, I’ve remained stunned and saddened over it.

I wish not to reveal my identity so I can keep me and my family out of this since they have nothing to do with anything. I am not connected to WWE or Benoit at all in anyway. I am from Stamford as the IP address shows, and I am just an everyday individual who posted a wrongful remark at the time that received so much attention because it turned out to actually happen. I will say again I didn’t know anything about the Benoit tragedy, it was a terrible coincidence that I never saw coming.

I hope this puts an end to this speculation that someone knew about the tragedy before it was discovered. It was just a rumor that I had heard about from other people online who were speculating what the family emergency Chris was attending to. I made a big mistake by posting this comment on his page, since all we had were what we thought was going on and nothing about what actually was going on yet, and sadly what happened turned out to be my speculation at the time. I assumed wiki would edit out my information, which they did, so thats why I didn’t go back to edit it out myself.

I know I keep repeating it but I feel terrible about the mainstream coverage this has received, since it was only a huge coincidence and a terrible event that should of never happened. I am not sure how to react, as hearing about my message becoming a huge part of the Benoit slayings made me feel terrible as everyone believes that it is connected to the tragedy, but it was just an awful coincidence. That is all I have to say, I will never post anything here again unless it is pure fact, no spam nothing like that. Thank you, and let this end this chapter of the Benoit story, and hopefully one day we will find out why this tragedy ever actually happened.

Retrieved from “https://en.wikinews.org/w/index.php?title=Chris_Benoit_mystery_editor_confesses:_claims_%22terrible_coincidence%22&oldid=4598221”

‘Davos man’ versus ‘Camp Igloo’; 42nd World Economic Forum convenes in Swiss alps

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‘Davos man’ versus ‘Camp Igloo’; 42nd World Economic Forum convenes in Swiss alps
By Admin | Posted in Uncategorized

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.

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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.

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Wikinews 2020: An ‘Original reporting’ year in review

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Wikinews 2020: An ‘Original reporting’ year in review
By Admin | Posted in Uncategorized

Friday, January 1, 2021

After an active year of original content published on the English-language Wikinews, we take a look back at some of the two dozen-plus original reports from our contributors during 2020.

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