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Wednesday, December 21, 2011

Yesterday, the United States House of Representatives voted to effectively reject the Senate version of a bill, passed with bipartisan support, to extend a payroll tax cut two months past its year-end expiration date. The House voted instead to create a conference committee to settle differences between members of both bodies.

Although the tax cut extension itself has support among Republicans and Democrats, lawmakers disagree on how Congress should go about compensating for the cost of extending the cut and the policy changes it would entail.

During an appearance yesterday, President Obama condemned opposition to the Senate-passed version of the bill, accusing Republicans in the House of trying to negotiate on matters unrelated to the bill. Republicans, in response, say there is still time to negotiate the bill, insisting that lawmakers ought to concentrate on a year-long plan rather than a two-month extension. Senate Democratic leader Harry Reid, however, says he will not agree to negotiate the tax cut extension until the Senate-approved bill is passed by the House.

If the tax cut is not extended and instead expires on December 31, approximately 160 million Americans will be affected by the tax increase; President Obama insists the only way to prevent the tax hike beginning January 1 is for the House to pass the Senate bill. In response, House Speaker and Republican John Boehner wants Obama to “call on the Senate to return” to negotiate. The Senate, shortly after passing the bill, adjourned for the Holiday break.

Also included in the bill is a provision that would require President Obama to make a decision regarding the construction of the Keystone XL pipeline, a pipeline that would transport oil from Canada to Texas.

House Democratic leader Nancy Pelosi blamed the congressional year-end impasse on “Tea Party Republicans.” In a letter to President Obama, Speaker Boehner requested he galvanize the Senate to negotiate on the bill’s provisions, writing “The differences between the two different bills can be quickly reconciled to provide the American people the certainty of a full-year bill. There are still 11 days before the end of the year, and with so many Americans struggling, there is no reason they should be wasted. You have said many times that Congress must do its work before taking vacation”.

Wednesday, March 18, 2009

United States President Barack Obama stated Monday that insurance giant AIG is in financial trouble due to “recklessness and greed,” and called for legal action to stop the company from giving out millions of dollars in bonuses to its executives.

“It’s hard to understand how derivative traders at AIG warranted any bonuses, much less $165 million in extra pay,” Obama said. “How do they justify this outrage to the taxpayers who are keeping the company afloat.”

Obama’s statement comes after reports surfaced last weekend saying the insurance agency, which is in deep financial trouble, had paid US$165 million to executives in bonuses, after receiving $170 billion as part of a government bailout plan.

AIG has said that the bonuses have to be given out, as the company is legally required by contract to do so. A representative with the National Economic Council, Lawrence H. Summers, also said that the bonuses were required to be given out. If AIG had refused to give out the bonuses, employees could file a lawsuit against the company for the money.

“We cannot attract and retain the best and the brightest talent to lead and staff the A.I.G. businesses — which are now being operated principally on behalf of American taxpayers — if employees believe their compensation is subject to continued and arbitrary adjustment by the U.S. Treasury,” AIG CEO Edward M. Liddy said in a letter addressed to Treasury Secretary Timothy F. Geithner on Saturday.

Liddy said that he asked Geithner “to use that leverage and pursue every legal avenue to block these bonuses and make the American taxpayers whole.”

“I want everybody to be clear that Secretary Geithner’s been on the case,” Obama said. “He’s working to resolve this matter with the new CEO, Edward Liddy, who, by the way, everybody needs to understand, came on board after the contracts that led to these bonuses were agreed to last year.”

If the bonuses cannot be stopped, the U.S. Congress says they want AIG to reimburse the government. Congress is looking to impose stiff new taxes on the pay, or ordering the company to return the money which was originally granted from a government bailout. In a letter to House Speaker Nancy Pelosi on Tuesday, senator Richard Shelby promised that the treasury will recover all of the money. Several U.S. senators along with Liddy have sent letters to AIG asking for the bonuses to be renegotiated, something AIG agreed to and says they will reduce future bonuses by 30%. Senators state that if Libby does not respond by renegotiating the bonuses, the Senate Finance Committee will propose an excise tax. Not only will an excise tax be proposed on AIG, but all companies receiving bailout money and their employees who receive bonuses.

Numerous House Democrats have introduced legislation which would place a 100% tax on any bonuses of over $100,000 from companies that are receiving government bailout funds. Meanwhile in the Senate, a bipartisan proposal by Max Baucus (D-Montana) and Charles Grassley (R-Iowa) would levy a special 90% excise tax on AIG’s bonuses. Asked Senator Baucus, who chairs the Senate Finance Committee: “What is the highest excise tax we can impose that will stand up in court? Let’s find out.”

Wednesday, May 26, 2010

A Cirrus SR-20 aircraft crashed into an office building in Markham, a town near Toronto, at 12:30 p.m. local time yesterday. Both people on board were killed.

The aircraft, which crashed into the roof of the two-storey building at Woodbine and Hooper streets, was engulfed in flames. Witnesses say that it looked as if the pilot was trying to find somewhere to land and that the aircraft was trailing smoke and rolled before it crashed.

First reports state that the pilot and passenger were killed on impact, and the 14 employees at Thinkway Toys manufacturing all escaped the two-storey building and explosions from the crash.

The crash site is near Buttonville airport where many amateur and flight training flights occur.

Saturday, January 15, 2005

United States —”IBM hereby commits not to assert any of the 500 U.S. patents listed below, as well as all counterparts of these patents issued in other countries, against the development, use or distribution of Open Source Software.” [1]

So begins the pledge IBM has made to “any individual, community, or company” writing or using software defined as “open source” by the Open Source Initiative (OSI).

The patents include software for text recognition and database management.[2]

“True innovation leadership is about more than just the numbers of patents granted. It’s about innovating to benefit customers, partners and society”, said Dr. John E. Kelly, IBM senior vice president, Technology and Intellectual Property. “Our pledge today is the beginning of a new era in how IBM will manage intellectual property.”[3]

“This is not a one-time event”, said Dr. Kelly. “While IBM will continue to demonstrate leadership in patent output, through measures such as today’s pledge, we will increasingly use patents to encourage and protect global innovation and interoperability through open standards and we urge others to do so as well.”

Lawrence Lessig, law professor at Stanford Law School and free software proponent commented: “This is exciting. It is IBM making good on its commitment to encourage a different kind of software development and recognizing the burden that patents can impose.”[4]

Not all are confident of IBM’s motives, though.

Florian Mueller, campaign manager of anti-patent website,NoSoftwarePatents.com, accused IBM of hypocrisy because of lobbying in the European Union to push through theComputer Implemented Inventions Directive.

“IBM is just being hypocritical because they want to appease the open source community and make themselves popular,” said Mueller.

“In Europe, IBM is a driving force behind the extension of the scope of patentability with respect to software. If IBM wants to assume the role of a post-Christmas benefactor, they’d better stop their aggressive patent lobbying in the EU and their shameless squeezing of small and medium-sized companies with its patent portfolio.” [5]

Sunday, October 18, 2020

The spread of coronavirus led to a global pandemic, affecting various daily activities. Originated in Wuhan, China, the virus spread globally, and by March, drastic measures were taken by the Indian government. Some branches of the South Western Railway of India had started taking precautions by distributing masks to ticket collectors and guards from as early as March 8. Some colleges were suspended by March 13, their exams post-poned as the government introduced lockdown and enforced social distancing.

Announced in the evening, Indian Prime Minister asked the countrymen to get the essential products and avoid going out as much as possible. Long queues outside the grocery shops, people in masks, some in N-95 masks, and hand sanitisers at the gates of megamarts were a common sight. There were reduced items in the shops, and some stores had a limit of number of customers allowed in the store at any given time. Food delivery services, and taxi services were on haitus — workers who dependent on the profession for their daily income, while software engineers were working from home. Physical classes in schools and colleges were replaced by online lectures to prevent social gatherings.

While many relied on technology for continuing their work and earn their livelihood, Wikinews reached out to sex workers in Mysore in June who unlike others can’t maintain social distancing for their work. Two sex-workers, Akram Pasha, and Jaya (a pseudonym), who were a part of sex-worker’s group called “Ashodaya Samithi” discussed how their lives had been affected by the coronavirus, the lockdown and the restrictions they had faced.

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Wednesday, June 3, 2009

Over 60 miners were killed in an abandoned gold mine shaft near Welkom, in the Free State province of South Africa, after a fire broke out inside the mine.

36 bodies from the Harmony Gold mining company Eland mine shaft were brought up earlier on the weekend from depths up to 1.4 kilometers (1 mi). On Tuesday, 25 more bodies were recovered by other illegal workers.

“We suspect there was a fire on the 18th of May. We never saw any smoke. Over the weekend [30 May] we were informed by other illegal miners that people had died,” said Tom Smith, Chief Operating Officer for Harmony’s South Region, “The bodies are not burnt. It seems more of a case of gas or smoke inhalation. I don’t know if there are any more bodies down there, we just have to wait.”

The workers may have died from poisonous gasses, smoke inhalation, suffocation, cave-ins or carbon monoxide poisoning.

Harmony gold mine will not send anyone in to the mine as the conditions are extremely dangerous and abandoned shafts are without safety equipment. Illegal workers may gain access bypassing security at one mine site, and exit via a series of interconnected underground tunnels many miles away.

Harmony is internationally the fifth largest gold mining company and has bought up old, abandoned mines.

Police were seeking relatives to help identify the bodies, and are instigating an investigation into the circumstances.

Almost 300 “gold pirates” were arrested over the past two weeks at the Eland mine shaft alone. Thousands of illegal workers can be underground, and remain working for weeks and months continuously. “These are ex-miners and unemployed people – we need to target the syndicates,” said Smith.

There are over 4.18 million unemployed in South Africa due to the economic decline, and another 1 million may soon join the ranks.

Susan Shabangu, the minister of mining, extended her condolences.

Welkom, with a population of over 400,000 is located 160 kilometers (99 mi) northeast of Bloemfontein, the provincial capital.