Wikinews interviews painter Pricasso on his art and freedom of expression

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Monday, October 12, 2015

Wikinews interviewed Australian painter Pricasso on his unique artwork created using his penis, and how his art relates to freedom of expression and issues of censorship. He is to be featured at the upcoming adult entertainment event Sexpo Australia in Melbourne this November 5 to November 8.

Ford Motor Company cutting 30,000 jobs by 2012

Monday, January 23, 2006

The Ford Motor Company, the second-largest car manufacturer in America, will cut 30,000 jobs and 14 plants as part of a restructuring plan to relieve Ford after a US$1.6 billion loss last year in North American sales.

The plan, called “Way Forward”, the brainchild of Ford’s Chief Executive Officer, William Clay Ford Jr., is to end Ford’s North American losses by 2008. To accomplish this 30,000 jobs which make up 20 to 25 percent of Ford’s North American workforce of 122,000 people will be cut and 14 plants will be closed in order to bring Ford’s production capacity in line with demand.

By the end of this year, the Atlanta and St. Louis plants will be closed. Atlanta makes the Ford Taurus sedan, which is being phased out. The St. Louis plant is one of two plants that manufactures the Ford Explorer, whose sales had a 29% decline in 2005. It will also close its Wixom, Michigan plant, Batavia Transmission in Ohio the Windsor Casting plant in Ontario which was previously announced by Ford that it was to be closed after contract negotiations with the Canadian Auto Workers union.

The plant in St. Thomas, Ontario plant will have one shift cut from it. The plant makes the Crown Victoria and Grand Marquis cars. On this cut of the one shift, Whitey MacDonald, chairperson of Local 1520, Canadian Auto Workers union said “There is a lot of anger here today, there is no doubt about it. Any time a plant goes to one shift, it puts them in limbo. This car has made the company millions of dollars over the years they have invested in other products and locations – we are entitled to some new investment given our track record.”

Positive news for the plant is that Ford is still committed to invest $200 million into the plant to upgrade the appearance of the two cars manufactured there. On the contrary, according to Automotive analyst Dennis DesRosier believes that the factory is still “likely” to close. DesRoiser said, “The St. Thomas plant is old, the product is old, it make sense it is on that list. This may be just a short-term reprieve, it may be look at permanent closure in two to three years.”

Two more plants will close in 2008, another two in 2012. Two more plants to be closed are to be announced later this year. Also, Ford will fire 12% of its 53 executive officers.

Due to the company’s current contract with the United Auto Workers union, workers at the idled plants will still be receiving their pay and benefits until Ford negotiates a new contract with the union. However, the workers may not earn what they earn today because they will not be eligible for overtime.

The UAW President Ron Gettelfinger and Vice President Gerald Bantom called say the plan is “extremely disappointing.” The UAW issued statement saying “The impacted hourly and salaried workers find themselves facing uncertain futures because of senior management’s failure to halt Ford’s sliding market share. The announcement has further left a cloud hanging over the entire work force because of pending future announcements of additional facilities to be closed at some point in the future.”

India approves symbol for currency

Thursday, July 15, 2010

A symbol for the Indian Rupee was approved by the Government of India today. The Indian currency had previously lacked a distinctive symbol like those associated with the US dollar, euro, pound sterling and the yen.

Minister for Information and Broadcasting of India Ambika Soni announced the symbol chosen for the currency. “The symbol for the rupee would lend a distinctive character and identity to the currency and further highlight the strength and robustness of the Indian economy as a favored destination for global investments,” Soni stated.

A competition was held to select the symbol, which drew more than 3,000 entries. After evaluation by the head of the Reserve Bank of India, artists and designers, five were shortlisted. The winning design came from a post-graduate student, D Udaya Kumar, who won 250,000 (US$5,400).

The government announced that the symbol will not be printed on currency notes or coins, but would be added to the Unicode Standard and other scripts used in the world. Soni said the symbol would be adopted in India by the next two quarters and globally within a year and a half to two years. She mentioned that it would soon feature in worldwide keyboards for easy use.

The symbol is a blend of the Devanagari and Latin scripts. “It is a perfect blend of Indian and Roman letters — capital ‘R’ and ‘Ra’ [?] which represents rupaiah, to appeal to international and Indian audiences […] My design is based on the tricolour, with two lines at the top and white space in between,” Kumar, the designer of the symbol, said.

Making Payday Loan Comparison

Making Payday Loan Comparison

by

Lisa00

Many of the payday or cash lenders guarantee you regarding the low interest rate, instant approval and best terms. Here are some of the points that can help you in finding the best payday loan lender online. As payday loans range from $100 – $1500. Most of the payday lenders approve the loans up to $500. So, you must check whether the payday lender must satisfy your required amount or not.

Different payday lenders charge different rate of interest for the loans. You must compare the interest rates for each lender and chose the best lender whose interest rate is competitive. Many customers forgot to calculate the hidden charges or fees behind the loan and they realize that they have got the good deal. So, you must know the hidden charges or fees that are applicable to loan processing as these charges are directly going to affect the interest rates.

Make payday loan comparison with all lenders like procedure of repayment, due date and other things. Some lenders allow you to extend the loan in instalments by paying small amount of fees.

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With faster technology, you always expect a fast application process. The application process must be simple so that you can quickly fill and submit the form within 2 – 10 minutes. You must check whether the lender is offering loans without any faxing, document or credit check.

Make sure the customer service is very good and you can communicate any company representative easily through email, chat or telephone. As payday loans are taken in order to meet financial crisis, so you must check at how much time, lenders will deposit the cash into your checking account.

Payday Advances are one of the most common loan services in the online loan industry. There are online loan applications that can help you to connect with 1000 s of loan lenders online and find the best payday lenders in your area. Therefore, this loan application will serve as a mediator between the clients and the cash loan lenders. Online loan application is secure, safe and your information is kept as confidential.

If you want to apply for saving account payday loans, you need to know most loan lenders in order to get the better deal. There are two main things that you have to keep in mind for finding best loan lenders online. First is that you must try to find the lenders from your state or in your area who can quickly deposit the cash into your savings account. Second thing is that you must get the loan at the better interest rate. Compare the interest rate of different loan lenders in your state and select the best loan lender online.

Payday loans with bad credit are the one of the easiest way in order to get fast cash advances even without credit check account. Payday loans have been developed with one goal in mind – short-term payment of unwanted expenses that you did not expect. The terms of this loan allows debt-haters to think that they are only having a cash advance, not owing anyone anything except their salary. This will also keep them within their bounds as they can only borrow a certain amount that is less than their salary to come, hence actually not leaving them in debt.

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Lineup coming together for Manchester United charity match

Tuesday, March 6, 2007

Manchester United will be taking on eleven of the top players in Europe in a celebration match next Tuesday at Old Trafford, and the lineup for the European XI is coming together nicely. The game is a UEFA-Manchester United collaboration created to commemorate not only the 50th anniversary of the signing of the Treaty of Rome, but also the 50th anniversary of Manchester United entering into European club competitions. Funds raised in the match will go to support the Manchester United Foundation, which works with local charities as well as UNICEF to aid children in need. Italian Marcello Lippi will be in charge of coaching the European XI side, and his assistant will be Andy Roxburgh. Confirmed players have slowly been filing into the team, but with current Manchester United on-loan striker Henrik Larsson confirmed, the XI is now complete.

Fiat plans to buy majority stake in Chrysler

Sunday, May 29, 2011

Fiat announced on Friday that it intends to purchase the six percent of automaker Chrysler that the US government currently owns, which would give the Italian company a 52 percent majority stake in Chrysler.

According to Fiat’s announcement, the company has told the US Treasury that it intends to use its option to buy the share in Chrysler held by the US government, a deal that will be finalized by June 10. If a price is not agreed on by that time, Fiat will pay the average of the estimates of two investment banks.

In 2009, Fiat bought a twenty percent stake in Chrysler, which had just exited bankruptcy, and has since increased its holding to 46 percent, expected to increase to 57% by the end of this year.

According to analyst Maryann Keller, the deal is a good one for both companies, as “[n]either one has the ability to compete alone in the kind of global environment that they face.” Analyst Rebecca Lindland said that the move will also benefit the companies by getting “them out from underneath any hint of government ownership and any of that negativity that went along with the bailout.”

New Zealand’s South Island and southern North Island struck by storms

Monday, January 2, 2006

New Zealand’s warm sunny New Year’s weather has come to a sudden end as gale force winds and rain assault southern New Zealand.

In parts of the South Island New Year campers have finished their holiday early as winds averaging 120km/h (75 m/h), gusting at times up to 180km/h (112 m/h), have blown in.

Power went out to 1300 homes in the capital city Wellington; flights were grounded at the airport, with incoming flights diverted to Palmerston North airport.

“The North Island will also be affected by the low,” says MetService forecaster Michael Short, “with heavy rain around the Tararua Ranges and Mt Taranaki.”

The MetService has issued severe weather warnings for most of the South Island and the southern portion of the North Island; bad weather is also forecasted throughout the rest of the country.

The MetService says to expect bad weather for the next 10 days as a deepening low moves south of Stewart Island, but a flow of westerly winds is expected to stay put all week.

Holiday makers have been asked by MetService to review their holiday plans and keep up to date with the latest weather.

Google News seeks patent for search system that returns ‘quality’ links

Tuesday, May 10, 2005

Google News submitted patent applications both in the United States and world-wide in September 2003 for a system of ranking search returns. The patent protection filings seek to control Google’s approach that filters headlines through a complicated algorithm, including the quality of the news organization. How much of this system is currently in use by the search engine giant is unknown.

Primitive search engines are expected to organically evaluate links based on how closely the keywords typed in the search field match an object link, and how many other links are attached to the object. Then a measure of relevance is calculated before returning a reply.

It seems some measure of the work being done at Google is a reaction to search engine optimization (SEO) campaigns which can, if done effectively, skew results to certain domains. A challenge for Google is to develop its technology to nullify efforts on the dark side of SEO and link-spamming.

What also seems to be coming out from this, according to research from the Internet Search Engine Database, is that Google does indeed have a ‘sandbox’ where domains are evaluated first by a human factor before being released into its algorithms.

In its first ever Securities and Exchange Commission filing since the company went public last year, Google indicated that it intends to spend US$500 million on technology development, more than double the $177 million it spent two years ago.

The language used in the lengthy patent application itself is difficult to understand. An excellent article titled “Google United – Google Patent Examined” found below, describes some of the nuts and bolts of Google’s techniques.

House approves Senate amended economic stimulus package

Friday, February 8, 2008

The United States House of Representatives has passed the bipartisan US$152 billion economic stimulus package that gives one-time rebates to United States citizens, US$600 for individuals or US$1,200 for couples plus US$300 for each child. US$300 checks would be sent to people on low-income including retirees on Social Security which was not included in the original bill backed by President George W. Bush. The plan would begin to decrease rebates for citizens with taxable incomes of US$75,000 for individuals and US$150,000 for couples. The checks would go out to more than a 130 million Americans according to Treasury secretary Henry Paulson.

The House overwhelmingly approved the more broad Senate amended bill which included the low-income portion mentioned above along with provisions that would keep illegal aliens from receiving a rebate check. Despite some opposition from some Congressmen, such as John B. T. Campbell III of California’s 48th congressional district, the plan passed overwhelmingly 380–34.

Campbell called the plan “wealth redistribution” and noted it did not have safeguards to prevent illegals from receiving these rebates and also claimed that stimulus plan would increase the deficit more and noted the cause of the looming recession was because of “credit problems.”

The United States Senate voted hours earlier on the bill which passed in the Senate, 81–16. after having to shed some incentives included by Senate Democrats which caused the bill to fail. Some of the incentives that were left out of the plan in a compromise to gain Republican support were demands for benefits for long-term unemployed workers and stipulation that would allow low-income citizens to pay off heating bills and let home builders pay off losses off the current year against previous tax years.

President Bush approved of the package, noting in a statement, “This plan is robust, broad-based, timely, and it will be effective, this bill will help to stimulate consumer spending and accelerate needed business investment.”

UK’s Financial Conduct Authority drop inquiry into culture of banking

Thursday, December 31, 2015

The Financial Conduct Authority, one of Britain’s banking sector regulators, indicated it has decided to drop an inquiry into banking culture, including practices and payment of banking staff. The inquiry was intended to review “whether culture change programmes in retail and wholesale banks are driving the right behaviour, in particular focusing on remuneration, appraisal and promotion decisions of middle management, as well as how concerns are reported and acted on”.

A spokesman for the Financial Conduct Authority stated: “A focus on the culture in financial services firms remains a priority for the FCA[…] There is currently extensive ongoing work in this area within firms and externally. We have decided that the best way to support these efforts is to engage individually with firms to encourage their delivery of cultural change as well as supporting the other initiatives outside the FCA.”

The Shadow Chancellor, Labour’s John McDonnell, said shutting down the inquiry would be a “dangerous and costly mistake” and said: “This will be a huge blow to customers and taxpayers who are all still paying the price for the failed culture in the banking sector that’s been widely attributed to be among the main causes of the crash and the scandals over Libor and price-fixing”.

Members of the Treasury Select Committee have also been critical of the cancellation of the review. On Twitter, Labour MP John Mann stated the “FCA surrender to big banks today is entirely from pressure from Treasury and Osborne”. Conservative MP Mark Garnier, told the BBC: “There has always been this great argument that perhaps the Treasury is having more influence over the regulator than perhaps it ought to and certainly, if I was looking for a Machiavellian plot behind what’s happened here and the tone of the regulator, then I suppose I would start looking at the Treasury.”

Richard Lloyd from the consumer group Which? expressed disappointment at the cancellation of the report: “It’s disappointing that the regulator has decided against publishing this report on the culture of banking. Cultural change doesn’t happen overnight, so despite signs of improvement, the FCA must not take their eye off the ball and should continue to clean up the industry”

The FCA has had no leader since Martin Wheatley resigned in July following an expression of no confidence by George Osborne, the Chancellor of the Exchequer.