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Australian National Archives release Loans Affair documents

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Australian National Archives release Loans Affair documents

Saturday, January 1, 2005

The National Archives of Australia have, as part of their standarddocument release cycle, released thirty year old documents from theWhitlam government.

The centre piece of the 1974 archives are a series of documents fromthe Australian Cabinet and the Treasury pertaining to the attempt toobtain a $US4 billion loan by the Whitlam government from the MiddleEast. The obtaining of these loans and the scandal generated becamecollectively known as the “Loans Affair,” and contributedsignificantly towards the dismissal of the Whitlam government by SirJohn Kerr the following year.

The documents from Treasury, which include descriptions of both theloan itself and the people involved in arranging them, are scathing.The “Points that might be made” document of December 13, 1974 clearlystates that Treasury believed the distinct possibility that the loansmight be part of “a confidence trick of major proportions”. Minutesfrom another meeting five days later state the “incredulity” on thepart of the Bank of England and the Federal Reserve Bank of New Yorkregarding the viability of the loan.

Those documents now available comprise the beginning of the LoansAffair, from the initial offers to the end of 1974. The remainder ofthe Loans Affair documents, as well as everything else from 1975 willbe released on January 1, 2006.

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The Technology Of Ivr And Speech Recognition

The Technology of IVR and Speech Recognition

by

Mark Bennette

One of the recent technology in the telecommunication industry is the IVR ( Interactive Voice Response). This technology allows users to interact with the computer and vice-versa through voice and dial-tone keypads. A user communicates with the computer with the help of voice recognition software that analyzes the voice and message.

[youtube]http://www.youtube.com/watch?v=nqygdMFz73o[/youtube]

in many of the industries. Nowadays, the IVR technology is also being introduced into automobile systems for hands-free operation. It is quite efficient and gaining more recognition. If you have an internet connection like Time Warner Internet, you can check it out for yourself. The history of IVR dates back to the age of Digital Computers. Seriously, the research for an efficient and cost effective mode of technology was going on and by the late 1970’s a full fledge system had been introduced. That time it was used in call centers and BPO, but the technology was complicated and expensive. Many of the companies were not able to afford it and it was a premium technology for huge multinational corporations. Besides the complicated technology and cost, the speech recognition system could identify limited keywords and sentences. But as years passed by and in the early 90’s lot of competitors started bombarding the market who introduced more better and innovative IVR services. The network configuration and the speech recognition software were improved and there were latest of them too. Slowly, the majority of the companies all around the world started investing in this technology and it became a vital one for their process. The typical usage of the IVR technology was to service high volume of calls, reduce cost, and improve the customer experience. It enabled to reduce the cost by resolving the customer’s need without queuing and incurring the cost of a live agent. Usually a live agent would have to sit down and deal with the issues and doubts for 24/7. With the IVR technology if customers do not find the information they need, or requires further assistance, the call can then be transferred to an agent. This makes for a more efficient system in which agents have more time to deal with complex interactions like customer retention, up selling, cross selling and issue resolution. This way, the customer is more likely to be satisfied with a personalized service and the interaction is likely to be more fulfilling and rewarding for the agent, as opposed to dealing with basic inquiries that require good responses, such as obtaining customer detail. The basic technology used in the IVR system is the voice recognition software and the dial-tone keypads. The dial tone keypads are quite similar to the normal ones we have, but with a slight modification. They are more advanced and user-friendly. The voice recognition software is the major one and the important part of this service. This software has the capabilities of recognizing the sounds of the users and their accents. The way people speak, their voice modulation, accents are recoded and programmed; making it quite efficient. Since every good technology has advantages, in the same way the IVR system has also got a lot of criticism and demerits. Some people have criticized the IVR system of being unhelpful and difficult due to the improper design and lack of appreciation of caller’s need. Some callers object to providing voice response to an automated system and prefer speaking with a human respondent.IVR is sometimes criticized as being unhelpful and difficult to use due to poor design and lack of appreciation of the caller\’s needs. Many companies have also been criticized for using IVR to reduce operational costs but not offering similar services using agents. Such methods tend to frustrate customers who feel that their right to speak to an agent is being restricted. Anyway the technology is good and if you want something that is fast and efficient, then go ahead for it.

Being a freelance writer and active blogger, I like to share my thoughts with the rest of the world and to source out some great deals on home services like the one offered by

Time Warner Internet

Article Source:

ArticleRich.com

Markets dragged down by credit crisis

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Markets dragged down by credit crisis

Friday, August 10, 2007

Global stock markets fell today, in a mass sell-off stemming from the sub-prime mortgage crisis in the United States. The Dow Jones Industrial Average rebounded late in the day after falling more than 250 points, ending the day down about 31 points. The UK’s FTSE-100 index fell 232.90 points to 6038.30, and Japan’s Nikkei 225 fell 406.51 points to 16764.09.

Central banks across the world are injecting funds into their banking systems to add liquidity, fearing that many financial firms with subprime ties will be insolvent. Yesterday, the U.S. Federal Reserve transferred US$24 billion to temporary reserves, following the European Central Bank, which authorized a record €83.6 billion addition to its banks, its biggest cash infusion ever. On Friday, the Fed entered into a $38 billion repurchase agreement of mortgage-backed securities, easing stockholder worries. Also on Friday, the Bank of Japan injected ¥1 trillion into Japan’s financial system.

The Federal Reserve met this week, but decided to maintain its target rate of 5.25%, although on Friday the federal funds rate was hovering around 6%, indicating a drop in liquidity.

The volatile week began last Friday with Bear Stearns tumbling as a result from its complete loss of two major hedge funds worth more than $1.5 billion. The hedge funds had been dangerously exposed to the massive sub-prime mortgage failure, and the company announced it was unable to return any money to investors.

Washington Mutual, and Countrywide Financial, both very large U.S. home loan lenders, saw shares fall. Countrywide Financial made a statement this week, saying they will be forced to retain a greater proportion of mortgage. American Home Mortgage Investment Corp, another large lender, recently filed for bankruptcy. The U.S. housing market has been declining for more than two years after the Federal Reserve raised interest rates 17 times. Now, lenders are in a quagmire from millions of people who are unable to repay loans after taking adjustable rate mortgages, teaser rates, interest-only mortgages, or piggyback rates.

Jim Cramer, of CNBC’s Mad Money, remarked that as many as seven million people will lose their homes from bad mortgages. Last Friday, Cramer went on a tirade on CNBC’s Street Signs, saying that the “Fed was asleep” and called for them to lower rates immediately.

Asian and European markets have become increasingly entangled in the subprime mortgage crisis in the U.S. Deutsche Bank of Germany lost almost $3.5 billion in share value, forcing the government to organize a bail-out. France’s largest bank, BNP Paribas SA, halted withdrawals from three large investment funds which were crippled by sub-prime exposure.

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Bangladesh security tightened following Pilkhana massacre and Bashundhara City fire

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Bangladesh security tightened following Pilkhana massacre and Bashundhara City fire

Friday, March 20, 2009

Following the Pilkhana massacre which occurred February 25 and 26 leaving 74 dead and the inferno at the Bashundhara City shopping mall complex March 13 leaving seven dead, Prime Minister Sheikh Hasina said security measures are being tightened countrywide across Bangladesh.

Fire drills will be enacted at all key-point installations (KPI). Fire fighting systems will be examined by the fire brigade and the public works department (PWD) to ensure functionality. Security measures will be enhanced supplementing areas under private security such as at the Bashundhara City Complex.

The Fire Service and Civil Defence Department requires modernization and needs new equipment to fight fires past the sixth floor of buildings. The Fire Brigade says it needs turntable ladders, snorkels, foam-tenders, lighting units, emergency tenders, fireproof uniforms, and rescue ropes for fire fighting and rescue operations. Transportation to fires is also an issue due to narrow roads, low electrical wires and congestion.

The Bangladesh National Building Code requires fire fighting equipment installed in buildings over seven floors. This code is to be monitored by authorities to ensure compliance with the new guidelines and to make sure buildings are being maintained.

The Bashundhara City Complex opened Monday for shoppers two days after Friday’s blaze. A probe is underway to determine the cause of the fire and to assess structural damage.

Loss of life was minimized as the blaze broke out on a Friday, the beginning of the weekend in Bangladesh, so offices in the upper floors were empty. The lower eight floors are used for shopping and the upper floors are all Bashundhara Group offices.

The mall is valued at Tk 7.0 billion (US$100 million). It is not known if the complex is covered by fire insurance.

It is estimated that it will take over two years to rebuild the area damaged by flames which were burned down to a skeleton. Bashundhara City’s technical advisor, Latifur Rahman, estimated damages at Tk 2.0 billion (US$29m).

Only one television cameraman has been allowed in to film the burnt area. None of the 2,500 shops, cinemas or cafes were burnt by the inferno. The seventh and eighth floors still experience smoke damage, and there was water damage to merchandise.

A three member committee is currently investigating the cause of the fire which will consist of Iqbal Khan Chowdhury, joint secretary of the ministry, representatives of the police, IGP Noor Muhammad, and fire brigade, Director General Abu Nayeem Md Shahidullah. The committee is required to report within the week with their findings. The forensics department is also sifting through the burnt remains.

The Dhaka Chamber of Commerce and Industries has also formed a committee which has begun interviewing witnesses and recording their testimony alongside the government committee.

It has been discovered that 150 closed circuit cameras were not being used when the fire started. Another mystery is why the mall fire fighting system has been found unused.

Why the fire burnt so fiercely is a matter to think….These matters seem to be mysterious

“In the shopping mall there is an ultra-technology elevator which runs even without electricity but we have found that locked,” Iqbal Khan Chowdhury, joint secretary (Police) of the home ministry, said. “Why the fire burnt so fiercely is a matter to think. We have to see if there was any incendiary substance there. These matters seem to be mysterious.”

Mall management has been asked to submit substances and items which would have been in the upper floors when the fire started. The fire erupted on the 17th floor and spread quickly to the two floors above and engulfed the three floors below. The aerial ladders belonging to the Fire Service and Civil Defence reached as high as the 13th floor of the 21-storey building.

Videos have been sent to the United States (US) for examination to assist in determining the cause of the fire and to help in the damage assessment. Experts from the US are expected to arrive soon.

Firefighters were brought to the rooftop of the 20-storey tower by helicopter. The only fatality in this operation was Baki Billa, a firefighter of Bashundhara City firefighting department, who fell when climbing down a rope from a helicopter to the roof of the building. Three other firefighters made the transition safely. At this same time, the chief security officer was safely rescued by the Bangladesh Air Force helicopter, a Bell 212. Six security officers of the complex also lost their lives.

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Top 7 Exotic Pets

Top 7 Exotic Pets

by

Maria Kruk

It is a fact of common knowledge that people usually take cats and dogs as their pets. However, there are some exotic animal species, which also might appear as domestic animals due to their harmless and playful behavior. Here as a list of the most exquisite and unusual pets.

[youtube]http://www.youtube.com/watch?v=MX3yBV65E1c[/youtube]

1.A potto (kinkajou, Potos flaws) is a small animal, the closest relative of a raccoon and a small panda, but in appearance and behavior it is more like a monkey. Kinkajou resembles a mixture of different animals: he looks like a teddy bear, has the body of an otter, the tail of a monkey and imitates raccoon’s curiosity and playfulness. 2.Piranhas are much adored and domesticated by Hollywood stars. They are very aggressive and moreover they are true meat-eaters. So, it is better to feed them without hands involvement. 3.Kangaroo are very playful and can jump all day long. The most wide-spread pet is wallaby, but if you would like to take it as pet, remember: different types of wallabies may be more or less prone to various diseases, an effect of low temperatures, etc., so approach the idea consciously and choose the type of animal carefully. 4.Soldier crab is very easy to domesticate. It prefers to live in a spacious cage and is unassuming in care. He is very sociable and adaptable, despite the name. If keeping it in a house, you need to create an aquarium with all conditions of tropical climate. 5.Japanese frog is considered quarrelsome animal. However, it is also easy to keep as a pet, but be careful – it can bite. In terms of clean water and proper nutrition the Japanese frog lives up to 15 years. 6.Flying squirrel differs much from common squirrels. She will be happy to play with your child even all day long. Its body is soft and fluffy. Tender character attract many people and children. 7.Giant tarantulas

. Do not forget that since ancient times many people were convinced that the spider is people’s assistant. However, this does not negate the fact that a tarantula is a very special animal and, particularly, nocturnal. It does not require you a lot of attention – he\’s very unpretentious in its content. The cage of tarantula should be carefully covered with glass; otherwise, it can get out by weaving a web on terrarium’s angles. Tarantula should only one of its species, as far as they are very aggressive towards relatives (they eat them).

Maria Kruk, an author for

Species.com

Article Source:

ArticleRich.com

Dance party broken up by police in Utah, USA

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Dance party broken up by police in Utah, USA

Monday, August 22, 2005

About 90 law enforcement officers from multiple agencies broke up what they said was a rave party on public and private property in the Diamond Fork area of Spanish Fork canyon, an hour outside of Salt Lake City, Utah, at about 11:30 p.m. Saturday (5:30 Sunday UTC).

According to the county, the Sheriff’s Office had been investigating similar parties since the beginning of the season. In a press release from the Sheriff’s Office in Utah County, the department states that previous allegations of sexual abuse at other raves, as well as various firearm and theft violations, were reasons for the investigation. The release continues on to state that the proper permit was not obtained before the event started.The promoters deny this allegation and insist that all permits were legally obtained before the event.

Armed with semi-automatic assault rifles, tasers, and tear gas, the police used dogs to sweep the crowd for narcotics. At least one helicopter was used in the operation, which served as a large spotlight for the ground teams. Prior to raiding the show, several unnamed police informants had reportedly told police that they had observed some “illegal activities”.

The promoter says the party took place on private property, named Child’s Ranch, with express permission from the owner. The property owner has apparently had at least one previous lawsuit with police over a similar event. Utah County requires a permit, bond and county commission approval for all gatherings with more than 250 people present and which can be expected to continue for 12 hours or more. DJ time slots and Pro Audio and Lighting contracts show that the party was scheduled to go on for no more than ten hours. According to a DJ at the event, “They presold 700 tickets and they expected up to 3,000 people total.” He added that by the time police arrived “the crowd was about 1,500”.

The police have publicly stated that only a permit from the health department was obtained, and that a Utah mass gathering permit was needed. The promoters have stated that they had the required permit, and have given a permit number (# 2005-11). Jay Stone, who handles mass gathering permits for the Utah County Health Department’s Bureau of Environmental Health Services, has confirmed that the permit was applied for and granted for the party. Officials also claim that the party had spilled over onto public land, and that more than 60 arrests were made in total – for driving under the influence of alcohol or drugs, underage drinking, drug possession and distribution, resisting arrest, assault on a police officer, disorderly conduct, and one instance of a weapons offense, a pistol which was found in the home of the private property owners. Among the confiscated items and drugs found were cocaine, ecstasy, marijuana, mushrooms, alcohol, and drug paraphernalia. Some of the drugs may include those confiscated from attendees by private security guards – who were also arrested.

Amateur video from the scene shows a number of SWAT police (Sheriff’s press release places the figure at 90) screaming orders at the DJs to “Shut it down now!” and yelling at others to “get out now, or I’ll kick your ass in jail.” Armed police are also seen tackling two attendees, Alaisha Matagi and Paul Maka. It is unclear from the video footage whether these actions were provoked or not. However, those shown on the two-minute long footage that are being forced to the ground do not appear to be resisting arrest. Both Matagi and Maka are charged with failure to obey a police officer and resisting arrest – Maka is also charged with interfering with police. Sheriff Jim Tracy stated in an email that both of them were tackled and arrested after assaulting a deputy, however, neither of them are being charged with assaulting a police officer.

A first hand account from a DJ booked to play at the party stated that while police were arresting a man accused of possession, the suspect was beaten to the ground and continually “kicked in the ribs” by four armed “soldiers” dressed in camouflage. The item was not shown on the video footage. According to the account, nobody resisted the policemen, and the crowd was orderly, but tear gas was thrown at the partiers as they attempted to leave as instructed. The DJ also states that police were attempting to confiscate video equipment, but an amateur video has still surfaced on the internet (see sources below). The video appears to have been taken near the DJ stand before it was moved to show more of the action.

Several attendees felt they should have the right to attend an event where drugs may be present, so long as they don’t personally use them. “While it may be true that some individuals choose to take drugs at said events like this, myself as well as many others choose to go for the music. Just like anything, you have bad apples, but you shouldn’t cut down the tree,” said one attendee. “Raves are not the only musical gatherings where drugs are used and distributed,” said another.

Other event-goers felt that the use of force in the shutdown was excessive – numerous eyewitness accounts by concertgoers describe people being beaten, tasered, or attacked with dogs. An email from Sheriff Jim Tracy stated that dogs and tasers were present at the raid, however, he also states that the tasers were not used on anyone, and that no dogs were deployed against concertgoers.

One account from an attendee, identified as “Colby”, states:

“I saw at least two people being beaten on the ground while barking, snarling dogs are held just a few feet from them. Weapons were being pointed at unarmed, peaceful civilians. A friend of mine was forced at gunpoint to put his hands on his head and turn around, because he asked if he could get his things from the tent.”

Utah County sheriff’s Sergeant Darren Gilbert also alleged that a 17-year-old girl was found overdosed on ecstasy, and was treated and released to her parents. According to an advertisement for the event, an attorney was present at the party. The local sheriff is scheduled to appear on Utah TV.

This article features first-hand journalism by Wikinews members. See the collaboration page for more details.
This article features first-hand journalism by Wikinews members. See the collaboration page for more details.
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NASA calls end to Mars Phoenix mission

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NASA calls end to Mars Phoenix mission

Tuesday, November 11, 2008

NASA officials have decided to call an end to the Mars Phoenix Mission, after winter took hold of the red planet. NASA calls the mission a total success.

“Phoenix has given us some surprises, and I’m confident we will be pulling more gems from this trove of data for years to come,” said Phoenix Principal Investigator Peter Smith of the University of Arizona in Tucson, Arizona in a statement on NASA’s website.

The Phoenix lander last sent a signal to Earth on November 2. NASA says that colder temperatures, lack of sunlight and increased dust particles on the lander’s solar arrays has stopped its on board batteries from charging, causing the instruments to fail.

Despite the news, Phoenix had operated two months longer than scheduled. The lander had been operating for over five months.

Phoenix was responsible for several discoveries on Mars, including the confirmation of the presence of water-ice, which had previously only been detected from space.

“Phoenix provided an important step to spur the hope that we can show Mars was once habitable and possibly supported life. Phoenix was supported by orbiting NASA spacecraft providing communications relay while producing their own fascinating science. With the upcoming launch of the Mars Science Laboratory, the Mars Program never sleeps,” said Doug McCuistion, director of the Mars Exploration Program.

NASA officials will continue to listen for a signal from Phoenix, in hopes that it will phone home again in the near future.

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Report urges Kenya to ban plastic bags

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Report urges Kenya to ban plastic bags

Wednesday, March 9, 2005File:Plastic bag stock sized.jpg

They are cheap, useful, and very plentiful, and that is exactly the problem, according to researchers. A report issued on Feb. 23 by a cadre of environment and economics researchers suggested that Kenya should ban the common plastic bag that one gets at the checkout counter of grocery stores, and place a levy on other plastic bags, all to combat the country’s environmental problems stemming from the bags’ popularity.

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Home Safety Tips For Women Living Alone

By Richard Armen

Living alone can be an exciting new experience for anyone. Living by your own rules rather than following someone else’s desires and routines can feel liberating, but it also comes with some important safety concerns. Especially if you are a woman, living alone requires more precautions in order to stay safe. In order to minimize safety threats, women living alone should follow these basic security principles:

First, do not advertise that you live alone. Be smart about the information you give out to the general public. Avoid making unnecessary comments about your living situation to anyone, such as the cashier at the grocery store or a new acquaintance you’ve met in any setting. Your mailbox should say only a first initial and last name; the same goes for avoiding identifying information on your answering machine. Keep the curtains closed. An open window giving view to a woman who is constantly alone will make you appear to be an easy target.

Call in for safety checks. Does your mother still say ‘call me when you get home’ anytime you leave her house? Do you ever follow through? If not, you should! The same goes for times when you’re heading out to a date, to the bar, or anywhere else alone, particularly at night. Even though you don’t have a roommate, you can check in with friends. Always make sure that a friend or family member knows where you are at night and when you plan to be home. Start this habit now so that someone will notice if you don’t come home when planned. If you have other friends who live alone, offer to do the same for them.

[youtube]http://www.youtube.com/watch?v=6UqB6bYEkD8[/youtube]

Don’t let strangers into your home for any reason. If you must call a plumber or repairman, have someone come over so you’re not alone. Never let strangers in if they arrive unannounced, even if they seem to have a really good excuse. Even opening the door to say ‘no’ can be a dangerous threat to your home security, as they can easily overpower you and force their way inside.

Protect yourself and your home with security devices such as window and door alarms and pepper spray. These simple alarms will alert you to anyone trying to come in your home, while pepper spray will reduce your chance of becoming a victim of physical assault. Every woman should have these tools at her disposal, whether living alone or with others.

Date carefully. Never give out your home address to someone you’ve just met; instead, arrange to meet them in a public place, such as a restaurant or coffee shop. If possible, have a friend tag along; at the very least, let someone know where you’re going and who you’re meeting.

Be cautious when in common areas of the apartment complex. Gyms, mail rooms, parking lots, and laundry rooms can be relatively deserted, especially at night, and are often targeted by thieves and other criminals. Talk to the building managers if these areas are not well lit, and always pay attention to your surroundings when there. Never let strangers into your apartment building, and avoid fumbling with your keys by the door.

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FAA orders review of Boeing 787 Dreamliners following week of incidents

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FAA orders review of Boeing 787 Dreamliners following week of incidents
By Admin | Posted in Uncategorized

Sunday, January 13, 2013

The United States Federal Aviation Administration (FAA) ordered a review Friday into the design and manufacture of the Boeing 787 Dreamliner, following five incidents in five days involving the aircraft and two Japanese airlines.

On Monday, an electrical fire broke out aboard a Japan Airlines 787 at Boston’s Logan International Airport, when a battery pack which powers the auxiliary power unit, for when the plane is on the ground, caught fire. The fire was discovered by maintenance workers after passengers and crew disembarked following their flight from Tokyo’s Narita Airport.

The next day, a separate Japan Airlines 787, also at Logan International Airport, heading to Tokyo, suffered a fuel leak that spilled around 40 gallons, which was spotted by the crew of the aircraft taxiing behind them. “That Japan Air may know it, but they’ve got fuel or something spilling out the outboard left wing. Quite a bit,” said the pilot of aircraft behind them on local air traffic control frequencies.

Wednesday, in Japan, an All Nippon Airways 787, the launch customer for the aircraft, cancelled a flight after a brake problem was reported.

Earlier Friday, two All Nippon Airways suffered separate incidents in Japan. An oil leak was noticed in the engine after one aircraft had landed in Miyazaki, coming from Tokyo’s Haneda Airport. Another flight, flying between Haneda Airport and Matsuyama said the pilot’s side window in the cockpit suffered a crack.

The FAA in a statement said “In light of a series of recent events, the FAA will conduct a comprehensive review of the Boeing 787 critical systems, including the design, manufacture and assembly.” Further adding, “The purpose of the review is to validate the work conducted during the certification process and further ensure that the aircraft meets the FAA’s high level of safety.”

According to the statement, “The review will also examine how the electrical and mechanical systems interact with each other.” The Boeing 787 relies more on electrical, as opposed to mechanical, systems than past aircraft from the manufacturer including having electronics operate hydraulic pumps and using electric brakes. Large portions of the plane’s structure use lightweight carbon fiber composite instead of more traditional metal airframe.

U.S. Transportation Secretary Ray LaHood said, “The safety of the traveling public is our top priority […] This review will help us look at the root causes and do everything we can to safeguard against similar events in the future.”

“We are confident that the aircraft is safe. But we need to have a complete understanding of what is happening,” said newly sworn-in FAA Administrator Michael P. Huerta. “We are conducting the review to further ensure that the aircraft meets our high safety standards.”

Boeing released a statement saying, “[The company] is confident in the design and performance of the 787. It is a safe and efficient airplane. The airplane has logged 50,000 hours of flight and there are more than 150 flights occurring daily.”

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