Thursday, December 2, 2021

In a talk made to officials at a meeting of the Political Bureau of the Workers’ Party of Korea held on Wednesday, North Korean leader Kim Jong Un warned officials of a coming “very giant struggle” in the economic field, reported Party newspaper Rodong Sinmun. Present at the meeting, which was held in the headquarters building of the Central Committee, were high-ranking party members and military officials, including Party Secretariat Secretary Jo Yong-won and Premier Kim Tok-hun.

The meeting, which had been convened to discuss details on the upcoming fourth Plenary Meeting of the eighth Central Committee of the Workers’ Party of Korea (WPK), later released its resolution on said issue, with the last third of December being the chosen time frame for the Plenary Meeting and a review of Party work having been placed on the agenda, among other subjects.

At the Politburo meeting, Kim Jong Un said that “the successes registered by us show that the overall affairs that had been planned to lay a foundation for the economic development of the country and the improvement of people’s living standard have been vigorously pushed forward”, praising successes made in the agricultural and construction fields.

Kim followed by saying that “next year will be an important one as we should wage a very giant struggle as much as we did this year”, and that plans made for next year should “be dynamic, onward, scientific and detailed, and consolidate the foundation for implementing the five-year plan.”

North Korea’s economy has suffered as a result of various factors over the last two years, with a combination of COVID-19 border closures and heavier sanctions topping off a typhoon and heavy flooding. According to Al Jazeera, UN agencies are reporting food and electricity shortages which have been worsened by economic sanctions.

Sunday, January 10, 2010

Chinese officials have said that their country’s exports surged last December to edge out Germany as the world’s biggest exporter.

The official Xinhua news agency reported today that figures from the General Administration for Customs showed that exports jumped 17.7% in December from a year earlier. Over the whole of 2009 total Chinese exports reached US$1.2 trillion, above Germany’s forecast $1.17 trillion.

Huang Guohua, a statistics official with the customs administration, said the December exports rebound was an important turning point for China’s export sector. He commented that the jump was an indication that exporters have emerged from their downslide.

“We can say that China’s export enterprises have completely emerged from their all-time low in exports,” he said.

However, although China overtook Germany in exports, China’s total foreign trade — both exports and imports — fell 13.9% last year.

Monday, September 24, 2007

Andrew McAvoy is running for the Green Party of Ontario in the Ontario provincial election, in the Windsor-Tecumseh riding. Wikinews’ Nick Moreau interviewed him regarding his values, his experience, and his campaign.

Stay tuned for further interviews; every candidate from every party is eligible, and will be contacted. Expect interviews from Liberals, Progressive Conservatives, New Democratic Party members, Ontario Greens, as well as members from the Family Coalition, Freedom, Communist, Libertarian, and Confederation of Regions parties, as well as independents.

Thursday, September 25, 2008

The FBI is investigating 26 firms and 1,400 individuals involved in the US financial crisis for fraud and “sub-prime lending practices”. Freddie Mac, Lehman Brothers, Fannie Mae and AIG are among the firms being scrutinized after recently receiving federal bailouts.

Investigators, who are cooperating with the IRS, Postal Office, and other federal offices to complete their investigation, are concerned that major corporations may have also forced or bribed ratings agencies to favor them.

The probe, which is in early stages, began eight months ago when the FBI began taking a close look at the mortgage industry and widespread irresponsible loaning practices. At least one corporation has been raided, but so far no evidence of fraud has been found.

The FBI has questioned executives of each of the firms closely, and arrested two in June. An anonymous source told The Times that the firms had been ordered to “hold all papers and e-mails under lock and key” as the FBI scours the finances of each firm.

Many of the companies and individuals being investigated are at the center of the nationwide financial crisis and controversial bailout plans, and have been widely blamed for the country’s financial crisis. The investigation has come at a time when the eyes of many in the US and around the world are turned towards the financial markets, as Congress and politicians scramble to fix the crisis while the election date looms closer.

Officials told CNN that it would be a long time before the investigations were finished, adding a warning: “Don’t expect indictments tomorrow or next week or next month”.

Thursday, November 22, 2007

Steve McClaren and his deputy Terry Venables have both been sacked by the English Football Association after a unanimous decision by board members during an emergency meeting held earlier today.

The decision was announced by the FA chief executive Brian Barwick in a press conference held this morning after widespread speculation due to the poor performance of the English national team which last night failed to qualify for the UEFA Euro 2008 competition. The cost of removing him from his post is thought to cost £2.6 million.

According to a study by the Centre for Economic and Business Research, missing out on Euro 2008 could cost the British economy as much as £1 billion.

The recruiting process has already started to find the next manager for the team, only 18 months after 46-year-old McClaren was given the role. During the press conference the FA admitted that not qualifying for the competition was “embarrassing”.

Saturday, April 21, 2007

The contaminated pet food that was recalled after it was found to contain a harmful industrial chemical called melamine, has been used as pig feed at a hog farm in Ceres, California, located in the United States.

At least seven urine samples taken from pigs at the American Hog Farm, were tested and the results came back positive for the chemical melamine. At least three samples from the feed used to feed the pigs were tested and those results also came back positive for melamine.

Reports say that at least 100 pigs from the farm were slaughtered and sold from the “custom slaughterhouse” that is operated on the farms site. The meat is then sold to different places as “individual orders” and is not sold commercially for supermarkets. The affected meat goes as far back as April 3 and the company is asking anyone who bought it to return the product or throw it out.

Despite the sale, California State Veterinarian Dr. Richard Breitmeyer says that no evidence has turned up to suggest that the meat that was sold entered the human consumption chain.

“There is no evidence that any products from this farm have entered the food supply. The risk to people right now is minimal,” said Breitmeyer who also said that pet food from bags or boxes that have been torn or ripped, is sometimes reused as feed for small farms.

California’s Department of Food and Agriculture investigated the company and found that it had received the contaminated pet food from Diamond Pet Foods, which supplies retailers with the pet food Natural Balance, one of the over 100 recalled brands of pet food. Authorities then quarantined the farm to further investigate the situation.

At least 1,500 pigs are on the farm.

As of the moment, no other farms are being investigated, but officials say that other farms may also be affected.

“In the course of our investigation, we may find similar situations in other parts of the country,” said head of the Center for Veterinary Medicine at the U.S. Food and Drug Administration, Stephen Sundlof.

The FDA is continuing to investigate and Sundlof says that there is a possibility that the contamination of the pet food may be intentional.

“It would certainly lend credibility to the theory that it may be intentional. That will be one of the theories we will pursue when we get into the plants in China,” said Sundlof.

Last month, Menu Foods was the first to recall all of its 60 million products of dry and wet dog and cat food after pets began to fall ill and in some cases died of kidney failure. The FDA found melamine in samples of Menu Foods pet food and in samples of wheat gluten, imported from China, which was used as an ingredient.

Sunday, September 12, 2010

The Finnish communications corporation Nokia announced that its Head will change on September 21. The previous chief executive Olli-Pekka Kallasvuo will continue to chair in non-executive capacity. The head of Microsoft Business division Stephen Elop will take the position. It is the first time a non-Finn becomes Nokia president and chief executive.

The change follows Nokia’s fall in world markets. It includes a decrease in Nokia’s American market share to less than ten percent after failed negotiations with a number of leading American phone providers. An analyst at a market analyst company Canalys, Pete Cunningham, said, “Despite holding 38 percent market share of the smartphone market, Nokia’s failure to compete with the iPhone and high-tier Android devices, combined with its lack of progress in gaining significant traction in the United States, has led to press and investor dissatisfaction.”

Some commenters suggested that Nokia chose Mr. Elop partly because he is a Canadian, following criticism of American candidates by the Finnish press. However a Nokia spokesman rejected this, saying, “Nationality was not a selection criteria.”

Stephen Elop was president and CEO of the graphics and web-development software house Macromedia prior to its acquisition by Adobe in 2005. He then joined Microsoft as President of Microsoft’s Business Division in January, 2008. Commenting on his new role he said, “Nokia has a unique global position as well as a great brand upon which we can build. The Nokia slogan clearly states our key mission: Connecting People, which will acquire new dimensions as we build our portfolio of products, solutions and services.”

In the announcement the Chairman of the Nokia Board of Directors Jorma Ollila stressed an expected shift of focus from hardware to software. “His [Stephen Elop’s] strong software background and proven record in change management will be valuable assets as we press harder to complete the transformation of the company. We believe that Stephen will be able to drive both innovation and efficient execution of the company strategy in order to deliver increased value to our shareholders”.

Nokia stated in an official blog post, “Nokia is transitioning from a hardware manufacturer of mobile devices to a software and solutions business. …Stephen’s background in the software industry is one of his key strengths.”