Tuesday, January 13, 2009

A federal court in New York, New York ruled Monday that American financier Bernard Madoff can remain free on a US$10 million bond. Madoff faces charges of securities fraud in case that may reveal losses as large as US$50 billion. He was originally arrested on December 11, 2008.

Federal prosecutors had argued that Madoff had violated terms of his bail by mailing valuables to relatives from his Manhattan apartment, where he is under house arrest.

Judge Ronald L. Ellis ruled that, “The government fails to provide sufficient evidence that any potential future dissemination of Madoff’s assets would rise to the level of an economic harm.”

The judge, however, did say that “it is appropriate that his ability to transfer property be restricted as completely as possible.” Madoff will be required to submit a complete inventory of items in his apartment.

A Wall Street adviser, Madoff was arrested and charged by the FBI last December with a single count of securities fraud, also known as stock fraud and investment fraud. He allegedly told senior employees of his firm on December 10, that his business “is all just one big lie” and that it was “basically, a giant Ponzi scheme [since at least 2005].”

Thursday, August 27, 2015

Austrian police today found an estimated 20–50 decomposing corpses in an apparently abandoned lorry.

Roadworkers who spotted the vehicle, which had been there since yesterday at least, alerted police. Responding officers found it full of corpses. The lorry is on the so-called “Eastern Motorway”, the A4, close to the Hungarian border. It was on the hard shoulder between Neusiedl and Parndorf, closer to Parndorf.

The victims are thought to have suffocated. Police are seeking the driver. The Krone published an image of a non-articulated food lorry on the hard shoulder, which they report is the vehicle in question. The photo shows a pool of dark liquid on the ground beside the vehicle.

Video from a passing motorist shows at least one helicopter on-scene. The truck, which has pictures of meat on the side, shows branding for Slovakian food firm Hyza. Earlier today the company’s website sported an apparent anti-immigration graphic, which has since been removed.

Wikinews got in touch with Hyza. “We are truly sorry about [the] tragedy” they told us in a statement. They said they have checked GPS trackers on their fleet and all their vehicles remain in Slovakia. The statement says the lorry in question was one of 21 Hyza vehicles sold on last year. It was then sold again and exported to Hungary, where it is now registered. Hyza told us the new owners have not changed the branding on the vehicle. According to the Bild newspaper, Agrofert — the parent company of Hyza — said in a statement the new owners were required to do so.

Hyza says they will “actively cooperate with Slovak police”, and “express [their] sincere condolences to the bereaved families.”

Interior Minister Johanna Mikl-Leitner called it “a dark day” and called for European Union-wide measures to protect immigrant refugees and tackle human traffickers. Neighbouring Hungary is constructing a border fence across its entire frontier with Serbia. Yesterday alone saw a record 3,241 attempts to enter Hungary illegally, according to authorities there.

Conflict in Syria and other parts of the world has led refugees to Europe. Once inside, they can move freely inside the Schengen Area, which covers most of the EU.

Austrian police earlier this week arrested three motorists suspected of people smuggling. One driver is accused of moving 34 people, ten of them children, into Austria from Serbia. The group were left by the roadside near Bruck an der Leitha and reported struggling to breathe in the van.

Sunday, February 21, 2016

A growing number of cities in the Indian state Haryana have been under curfew since Friday. At least eight people are reported dead, with government offices, property, dozens of buses, and eight railway stations burned after protests over job quotas for the Jat caste turned violent in several cities including Rohtak, Bhiwani, and Jhajjar. Reportedly some protesters broke into an armory in Rohtak, stealing arms and ammunition.

Shoot-at-sight was ordered for Rohtak, Bhiwani, Sonipat, Panipat, Jhajjar, Jind and Hisar. Shops, hotels, and restaurants were set afire by protesters. Thirteen national army columns were called, and helicopters were used to reach various places in the state. Internet was disabled in affected districts, and the state government ordered blocks of all social networking websites.

Chief Minister Manohar Lal Khattar held a meeting to decide if Jats should also gain the reservation rights for government jobs and colleges by classifying them under Other Backwards Castes.

Burning of stations and uprooting of tracks affected 810 scheduled trains, according to The Indian Express. Police said protesters torched Finance Minister Captain Abhimanyu’s house. The state might face water crises. Central Board of Secondary Education (CBSE) was to hold the Haryana Central Teacher Eligibility Test today, but cited “administrative difficulties” for suspending it.

Back in 2014, the UPA government appealed for a Jat quota which was rejected by the Supreme Court. This morning, Manohar Khattar tweeted “I appeal to all my fellow Haryanvis to maintain law & order in the State, and ensure that harmony is maintained in society.”

Last year, similar protest took place in Gujarat as Patels protested for reservation led by Hardik Patel.

Wednesday, December 21, 2011

Former Salt Lake City mayor and human rights activist Rocky Anderson took some time to discuss his 2012 U.S. presidential campaign and the newly-created Justice Party with Wikinews reporter William S. Saturn.

Anderson served as mayor of Salt Lake City for eight years (2000–2008) as a member of the Democratic Party. During his tenure, he enacted proposals to reduce the city’s carbon emissions, reformed its criminal justice system, and positioned it as a leading sanctuary for refugees. After leaving office, Anderson grew critical of the Democratic Party’s failure to push for impeachment against President George W. Bush, and for not reversing policies on torture, taxes, and defense spending. He left the party earlier this year and announced that he would form a Third party.

Anderson officially established the Justice Party last week during a press conference in Washington D.C.. He proclaimed “We the people are powerful enough to end the perverse government-to-the-highest-bidder system sustained by the two dominant parties…We are here today for the sake of justice — social justice, environmental justice and economic justice.” The party promotes campaign finance reform and is attempting to appeal to the Occupy Wall Street movement. It is currently working on ballot access efforts, and will hold a Founding Convention in February 2012 in Salt Lake City.

Among other issues, Anderson discussed climate change, health care, education, and civil liberties. He detailed his successes as mayor of Salt Lake City, stressed the importance of executive experience, and expressed his views on President Barack Obama and some of the Republican Party presidential candidates. He spoke in depth about former Massachusetts governor Mitt Romney, with whom he worked during the 2002 Winter Olympics, and fellow Utahan, former governor and U.S. ambassador to China Jon Huntsman, Jr..

Saturday, September 8, 2007

United States First Lady Laura Bush underwent elective surgery on Saturday at George Washington University Hospital and is now “resting comfortably at the White House,” according to spokeswoman Sally McDonough. Last month, the First Lady injured her neck and shoulder during a hiking trip.

The neck surgery, called posterior cervical foraminotomy, was performed to alleviate pressure on several pinched nerves in her neck.

Laura was not able to accompany President George W. Bush for the annual Asia-Pacific Economic Cooperation (APEC) forum in Sydney, Australia because of the procedure.

The spokeswoman said the outpatient surgery was a minimally invasive procedure, and lasted about two-and-a-half hours.

After unsuccessful physical therapy treatments, doctors reportedly suggested surgery.

The First Lady reportedly spoke with the President during his trip back from the APEC forum and according to White House deputy press secretary Dana Perino “he [Bush] said she sounded very well…He looks forward to getting back to help her in the recovery.”

Friday, October 14, 2005

The Ubuntu Foundation released its third version of the popular GNU/Linux operating system distribution yesterday. Codenamed “Breezy Badger”, the release improves on its predecessor, Hoary Hedgehog, with updated versions of packages such as OpenOffice.org, new computer management tools, special installation modes for computer manufacturers, and a “thin client” mode for large networks of homogenous computers. The new version also improves support for laptop computers, portable media players, Bluetooth devices, PowerPC processors, and other hardware.

Because the software in the GNU/Linux operating system comes with permission for everyone to modify and redistribute it, there are many versions (called “distributions”) of the operating system available. Ubuntu builds on the popular Debian GNU/Linux distribution. Like Debian, it is made almost entirely of free software.

Users quickly swarmed the Ubuntu Foundation’s servers trying to download the new version. The servers are currently responding slowly; moderators at the Ubuntu Forums suggested that users download with BitTorrent if at all possible, which is much less prone to such slowdowns.

Although its first release was only a year ago, Ubuntu Linux has quickly become one of the most popular Linux distributions. It is intended to be user-friendly without being insecure by design, a charge sometimes leveled against other beginner-friendly distributions like Linspire. The distribution is offered for free, and CDs are available for order via the Internet without charge (including shipping).

Friday, July 20, 2007

Between 143 and 152 people have now been hospitalized in the wake of Monday’s train derailment near Lviv, Ukraine, and subsequent phosporous cloud. According to the Ukrainian Healthcare Ministry’s spokesperson, Igor Gerych, 43 of the injured are children, 13 are firemen and three are medical personnel. None are considered to be in mortal danger, yet some cases remain at medium risk level.

Nearly 400 people are involved with the clean-up operations. Among them are military specialists for chemical warfare. The Ukrainian Army alert state was raised to “high readiness” state on Tuesday, when the scale of the accident became clear. 27 medical brigades, 13 consultants and seven specialists are inspecting the surrounding inhabited areas.

Two of the fifteen phosphor containers that were involved in the accident have been raised and put on new transports; nine of them need more work to treat leaking and damaged areas. All containers are to be transported to a more secure location by Saturday.

The situation on the ground appears to be confusing. Political TV channel, Kanal 5, reports that the village closest to the accident, Ozhidovo, is still requesting volunteers to send medicines and water, as they do not have any. Journalists of three TV channels (Inter, Novyj Kanal, ICTV) needed medical care themselves after being in the village.

TV channel, UT-1 reports this evening that the Ukranian President, Viktor Yushchenko, has called an urgent meeting of the National Security Council.

The accident appears to be likely to become a topic of contention in the long-standing rivalry between the President and the Prime Minister Viktor Yanukovych. Yesterday, the President publicly criticized the government’s work.

Politicization of the disaster is likely to be the main reason behind the extreme differences among the versions of the Ukrainian media. Some declared the accident “ended” a few hours after it occurred, while others are still making alarming reports.

On July 18, the Monitoring and Information Centre (MIC) of the European Commission reportedly offered EU assistance to the Ukrainian government. The same sources say that Ukraine has not officially requested the help. Without a formal request, EU assistance cannot begin.

On the same date, NATO Spokesman in Brussels, Mr. James Appathurai, is reported by Podrobnosti to have declared that the Alliance is following the situation, and that NATO has not received any request for help from the Ukraine, either.

[edit]

Thursday, March 5, 2009

US stock markets dropped to twelve-year lows on Thursday, amidst falling confidence in the financial sector and worries over whether the US automobile manufacturer General Motors will be able to keep operating.

The Dow Jones Industrial Average dropped by 4.08%, or 280.52 points, at the closing bell, reaching a level of 6595.32, a new 12-year low. The Nasdaq Composite lost 54.15 points, or 4%, to 1299.59, while the Standard & Poor’s 500 plunged by 30.27 points, or 4.25%, closing at 682.60.

Every stock in the Dow Jones, other than Wal-Mart, either lost ground or remained even, and all stocks in the S&P 500 index lost ground.

General Motors’ shares lost 15.5% after the auto firm announced that its auditors had “substantial doubt” over whether it would be able to keep operating.

Shares of financial companies were lower by nine percent, with Bank of America losing 11.7% and Citigroup falling by 9.7%.

“What’s most worrisome is that we haven’t hit the crescendo yet,” said Bill Groeneveld, the head trader for vFinance Investments. “Asset-management divisions are getting calls to just liquidate everything, and we haven’t seen the big players come back in at all.”

“This is one of the worst bear markets in the last 100 years; it started out with the credit crisis and the subprime [loans], but it is like a forest fire that has raced across the clearing and ignited other parts: Autos, auto parts, the insurance companies have been hit very hard. The credit crisis is causing an unraveling of industry after industry because the banks don’t lend,” said David Dreman, the chief investment officer of Dreman Value Management.

European markets were also lower today, with the London’s FTSE index losing 3.2% and the DAX index of Germany falling by five percent.