Month: May 2018

Wednesday, September 24, 2008

United States presidential candidate John McCain announced today that he is suspending his campaign and sought to postpone a scheduled debate with his opponent, Barack Obama, to focus on the country’s financial crisis and says that Obama should also suspend his campaign.

McCain said he would be asking president George W. Bush to call a meeting for members of Congress in order to support Bush’s controversial $700 billion bailout plan, but also said that there is no consensus for the proposal and it will not pass in its current form.

He called the crisis “historic,” stressing the need for legislation and warning of “devastating consequences”.

“I am calling on the president to convene a meeting with the leadership from both houses of Congress, including Senator Obama and myself. It is time for both parties to come together to solve this problem. It has become clear that no consensus has developed to support the administration’s proposal and I do not believe that the plan on the table will pass as it currently stands. We are running out of time,” said McCain during a press conference.

Early this morning, Obama had called McCain and asked for the two to put aside partisanship and focus on the economic troubles. The two agreed to issue a joint statement supporting an economic fix, just minutes before McCain made his announcement. Bush is scheduled to speak to the people of the U.S. in a televised speech at 9:01 PM EDT tonight.

Obama responded to McCain’s speech minutes later, confirming that he would still attend the debate. He expressed a desire for fairness to taxpayers and an objection to rewarding those responsible for the financial crisis. Both candidates have stated that they intend to put politics aside to work on the financial crisis. Obama said, a president “is going to have to deal with more than one thing at a time.”

The proposal comes in the wake of Congressional hearings where US Federal Reserve chief Ben Bernanke and Treasury Secretary Henry Paulson have urged support of the measures proposed by the administration. Despite such appeals, both McCain and Obama have expressed skepticism over the proposed bailout, and the U.S. Congress has shown a noted concern that the measure may not benefit ordinary home owners as well as those on Wall Street.

Monday, December 29, 2008

At least nine people have been killed in a two-story house in Covina, California, after a man dressed in a full Santa Claus outfit opened fire at a Christmas Eve party and then set the house ablaze. Covina is a city in Los Angeles County, California about 22 miles (35 km) east of downtown Los Angeles.

According to local police, the Christmas party at the 1100 block of East Knollcrest Drive was attended by about 25 people. Trend News Agency said that the gunman fired two semi-automatic handguns and used an apparently home-made pressurized device to spread some kind of accelerant. As the guests tried in vain to escape, the gunman used his ‘present’ to spray inflammable liquid that started the raging blaze. Reports from the scene said Molotov cocktails were also used by the madman.

Media reports said the gunman was plotting vengeance against his ex-wife. Prime suspect, Bruce Jeffrey Pardo, age 45, six-foot-three-inch, 250 pound (1.9 meter, 113 kilogram), an electrical engineer, is long time Roman Catholic church usher and a laid-off aerospace worker. He worked with ITT Electronic Systems, Radar Systems, in Van Nuys from February 2005 to July 2008, and as an engineer at Northrop Grumman for five months in 2005, according to Court records. He had also worked for about nine years at NASA’s Jet Propulsion Laboratory in Pasadena until 1994.

Pardo’s ex-sister-in-law, who escaped from the Covina house alive with her injured daughter, called 911. Police on Friday released her 911 audio.

Msnbc.com has reported that Pardo “has brown hair and blue eyes, and known to frequent La Crescenta and La Verne.” Court records reveal that Mr Pardo’s wife acrimoniously divorced him last September. The divorce decree was finalized December 18. Until earlier this year, he lived in the Sylmar house with his ex-wife and her three children. The marriage lasted barely a year. However, Pardo held no criminal record and had no history of violence.

There is some speculation that the divorce may have been caused by Pardo concealing a paraplegic child from a previous relationship. Matthew, his nine-year-old son, by another former girlfriend, Elena Lucano, became brain damaged when he fell into a backyard swimming pool on Jan. 6, 2001. Pardo kept this child a secret from his wife. Pardo owed her $10,000 as part of the divorce settlement, according to court documents that detailed a bitter split. He also lost a dog he doted on and did not get back a valuable wedding ring. Pardo complained in a court declaration that Sylvia Pardo was living with her parents, not paying rent, and had spent lavishly on a luxury car, gambling trips to Las Vegas, meals at fine restaurants, massages and golf lessons.

After the mass murder, Pardo put on his street clothes and drove his rental Dodge Caliber car to the house of his brother, Jimmy Pardo, in Sylmar, approximately 30 miles away from the crime scene, where he committed suicide from a self-inflicted gunshot wound to the head. His brother was not present in the home and he broke inside to enter in. It was believed that Pardo intended to flee to Canada by plane as he had bought an airline ticket to a flight there from Los Angeles to Moline, Illinois. However due to suffering from severe third-degree burns on both arms stemming from the blaze, he decided to go against the initial plan.

Police had found $17,000 cling-wrapped on his legs inside a girdle, the car key, and his rental car that had been parked on Herrick Avenue, one block from his brother’s house, which had been rigged by remnants of his Santa suit that would ignite a flame and detonate the car with black powder if removed. Also recovered from the scene were four 13-round capacity handguns that were each empty, and at least 200 rounds of ammunition. Suggesting that what had been inside the car was being treated as a threat, police fired an incendiary device into it, destroying and burning it.

The police found on early Thursday, Mr Pardo bore a single gunshot wound to the head. According to LA County coroner’s official Ed Winter, the bodies found in the ashes were “extremely charred and burned.” All three of Sylvia Pardo’s children — Selina, Sal and Amanda — survived. According to the Scott Nord, the Ortega family lawyer, “the entire family was wiped out, and there’s basically like 16 orphans.”

Three other party guests have injuries, according to police. A 16-year-old girl was shot in the back, and an eight-year-old girl suffered facial gunshot wounds that were not life-threatening, while a 20-year-old woman had a broken ankle, after jumping from a second-story window, the police specified. About 80 firefighters put off the fire that soared fifteen metres (40 to 50 feet) high for more than one hour. The police discovered two handguns at the scene, and found two more in the in-laws’ house. Media reports on Friday said the 16-year-old daughter of Sylvia Pardo was released from Los Angeles County-USC Medical Center.

Meanwhile, investigators served a search warrant at Pardo’s Montrose house, where they retrieved evidence of high-octane racing fuel, five empty boxes for semi-automatic handguns, as well as two shotguns.

Covina police Lt. Pat Buchanan on Saturday said they are looking for Pardo’s rented gray 1999 RAV4, with California license plate 5RYD562. Police have found the second rental car Saturday night in a Glendale, California but found no bombs nor any explosives.

The police also revealed Saturday the names of nine people missing since the Christmas Eve massacre occurred. They are Pardo’s ex-wife, Sylvia Pardo, 43; her parents, Joseph Ortega, 80, and Alicia Ortega, 70; Alicia Ortiz, 46, and her son, Michael Ortiz, 17; Sylvia’s brother, Charles Ortega, 50, and his wife, Cheri, 45; another brother, James Ortega, 52, and his wife, Teresa, 51, according to Lt. Buchanan. “Hopefully, we’ll get positive identifications early next week,” Covina Police Chief Kim Raney said.

A murder-suicide is an act in which an individual kills one or more other persons immediately before, or at the same time as, killing him or herself. According to the psychiatrist Karl A. Menninger, murder-suicide or murder and suicide are interchangeable acts – suicide sometimes forestalling murder, and vice versa.

Friday, September 2, 2016

On Tuesday, Catalonian football club FC Barcelona announced signing of Spanish striker Paco Alcácer from Valencia C.F. for €30 million. Barcelona is obliged to pay €2 million as add-ons for the 23-year-old striker. Barcelona forward Munir El Haddadi was loaned to Valencia with an option to buy the player for €12 million.

Making hood professional debut in the 2010–2011 season, Paco Alcácer has played 146 domestic matches. He has scored 43 goals for Valencia in all competitions. Alcácer was loaned to Madrid based club Getafe CF for a season where he scored four goals.

Alcácer made his international debut under Vicente del Bosque in 2014 and has scored six goals. After passing hood medicals and signing a five-year contract, Alcácer said, “when I found out about the offer from FC Barcelona I asked the club to listen to it, as it was my decision to take a step forward in my career”^{((es))Spanish language: cuando conocí la oferta del FC Barcelona, le pedí al club que la escuchara, ya que era mi decisión dar un paso adelante en mi carrera}.

Munir graduated from Barça ‘s youth academy La Masia and made his professional debut playing a La Liga match at the age of eighteen. He also made his international debut under del Bosque’s management. Munir has played 45 matches for the Catalonians scoring ten goals. Valencia said Munir’s signing was “an important reinforcement for the frontline” of their team.

Paco Alcácer’s presentaton was to be postponed while he completed duties with the international team.

Munir has been allocated the number 9 jersey at Valencia. Barcelona has set the buy-out clause of Paco Alcácer at €100 million; he is Luis Enrique’s sixth signing this season. Previously, Barcelona signed Dutch goalkeeper Jasper Cillessen from Amsterdam-based club AFC Ajax.

Monday, October 12, 2009

The British stock index FTSE 100 closed at its highest levels in over a year on Monday, following news of stronger commodity prices.

The share index increased by 48.3 points, or 0.9% to finish the day at a level of 5,210.17, a figure not seen since last September.

The best performer was the Old Mutual insurance company, reaching a sixteen-month high after gaining 4.6%.

Some economic analysts think that the FTSE index could continue to gain for the remainder of the week. David Jones, the chief market strategist at IG Index, said that “the next FTSE target traders are eyeing in the short term is the 5,350 high hit in September last year and the way sentiment is going it would not be a surprise to see that hit this week.”

Other European markets also posted gains on Monday. The German DAX index gained 71.35 points to a level of 5,783.23, while the French CAC 40 increased 46.19 points to 3,845.8.

Monday, November 28, 2005

SpaceX called off the much-delayed inaugural launch of their new Falcon 1 rocket on Saturday from Kwajalein’s Omelek Island launch site. The intent was to launch the U.S. Air Force Academy’s FalconSat 2 satellite, which will monitor plasma interactions with the Earth’s upper atmosphere and magnetosphere.

The launch was delayed, then finally cancelled after an oxygen boil-off vent had accidentally been left open. The oxygen was unable to cool the helium pressurant, which then proceeded to evaporate faster than it could be replenished. A main computer issue, probably serious enough to cause a scrub on its own, was also discovered.

This long-anticipated flight was originally expected to be launched in January 2005, however a series of setbacks forced a series of delays, with the flight most recently scheduled to be in early 2006. It was intended to be launched from the Kwajalein atoll in the middle of the Pacific Ocean.

The maiden voyage was originally intended to launch from Vandenberg Air Force Base in California with a Naval Research Laboratory satellite and a Space Services Incorporated space burial payload.

Sunday, December 4, 2016

A fire broke out at a record release party in Oakland, California late on Friday night. Nine were confirmed dead the following morning with the death toll rising to 24 the next day.

The warehouse, known as Ghost Ship, was hosting a party for the release of the newest album by Joel “Golden Donna” Shanahan. It is in Oakland’s Fruitvale neighborhood, a mix of commercial and residential buildings nestled together. The structure is one block away from Fire Station No. 13 and at least 55 firefighters spent four hours containing and stopping the fire which began at approximately 11:30 p.m.

Firefighters and police cordoned off the block to spectators. The two-story, mixed-use structure also housed the artist collective Satya Yuga who hosted the show and is being searched by firefighters. Out of approximately 50 attendees, at least 25 were declared missing. Shanahan was among the survivors.

Efforts to rescue partygoers were compounded by the roof caving in during the inferno as well as the stacks of furniture, art pieces, and supplies which turned into obstacles for first responders.

Oakland mayor Libby Schaaf:

The structure is owned by Chor N. Ng, who is also the proprietor of several other buildings in the East Bay. On November 13 Ng was cited by the city for having stacks of garbage in and around the warehouse. Most fatalities were reported to have occurred in the upstairs portion of the building where escape was hampered by unstable stairs and miscellaneous art pieces lying in the way. The building lacked any smoke detectors and sprinklers; fire extinguishers were found outside of the premises.

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Monday, June 21, 2010

Sweden’s first royal wedding since 1976 took place Saturday when Crown Princess Victoria, 32, married her long-time boyfriend and former personal trainer, Daniel Westling, 36. The ceremony took place at Stockholm Cathedral.

Over 1,200 guests, including many rulers, politicians, royals and other dignitaries from across the world, attended the wedding, which cost an estimated 20 million Swedish kronor. Victoria wore a wedding dress with five-metre long train designed by Pär Engsheden. She wore the same crown that her mother, Queen Silvia, wore on her wedding day 34 years previously, also on June 19. Victoria’s father, King Carl XVI Gustaf, walked Victoria down the aisle, which was deemed untraditional by many. In Sweden, the bride and groom usually walk down the aisle together, emphasising the country’s views on equality. Victoria met with Daniel half-way to the altar, where they exchanged brief kisses, and, to the sounds of the wedding march, made their way to the the silver altar. She was followed by ten bridesmaids. The couple both had tears in their eyes as they said their vows, and apart from fumbling when they exchanged rings, the ceremony went smoothly.

Following the ceremony, the couple headed a fast-paced procession through central Stockholm on a horse-drawn carriage, flanked by police and security. Up to 500,000 people are thought to have lined the streets. They then boarded the Vasaorden, the same royal barge Victoria’s parents used in their wedding, and traveled through Stockholm’s waters, accompanied by flyover of 18 fighter jets near the end of the procession. A wedding banquet followed in the in the Hall of State of the Royal Palace.

Controversy has surrounded the engagement and wedding between the Crown Princess and Westling, a “commoner”. Victoria met Westling as she was recovering from bulemia in 2002. He owned a chain of gymnasiums and was brought in to help bring Victoria back to full health. Westling was raised in a middle-class family in Ockelbo, in central Sweden. His father managed a social services centre, and his mother worked in a post office. When the relationship was made public, Westling was mocked as an outsider and the king was reportedly horrified at the thought of his daughter marrying a “commoner”, even though he did so when he married Silvia. Last year, Westling underwent transplant surgery for a congenital kidney disorder. The Swedish public have been assured that he will be able to have children and that his illness will not be passed on to his offspring.

Westling underwent years of training to prepare for his new role in the royal family, including lessons in etiquette, elocution, and multi-lingual small talk; and a makeover that saw his hair being cropped short, and his plain-looking glasses and clothes being replaced by designer-wear.

Upon marrying the Crown Princess, Westling took his wife’s ducal title and is granted the style “His Royal Highness”. He is now known as HRH Prince Daniel, Duke of Västergötland. He also has his own coat-of-arms and monogram. When Victoria assumes the throne and becomes Queen, Daniel will not become King, but assume a supportive role, similar to that of Prince Phillip, the husband of the United Kingdom’s Queen Elizabeth II.

Sunday, May 17, 2009

Sudan blamed Chad on Sunday of launching an air strike on its territory, a day after accusing the country of mounting two other raids.

“This morning at 10.30 local time [0.730 GMT], another visit took place on the same location and using the same method,” said Othman al-Aghbash, a spokesman for the Sudanese army.

Sudan also accused Chad earlier on Friday of launching a pair of airstrikes 60 kilometers (37 mi) into Sudanese territory. Chad promptly dismissed the accusations, claiming that Sudan was “the robber who cries thief.”

Ali Youssef Ahmed, the head of the Sudanian foreign ministry, called the Friday air strikes an “act of war”. He did not comment on whether Sudan was considering to retaliate to the alleged attacks, only saying that “we are considering all options.”

A spokesman for the Chadian government told reporters that “is surprised to learn that the regime in Khartoum is protesting against action by the Chadian air force on Sudanese territory”. A confrontation would be “simply the consequence of the attack on Chad organised by Sudan, using mercenaries armed, trained, financed and directed by satellite by the Khartoum regime”, he said.

Sunday, May 18, 2014

The governor of the Bank of England, Mark Carney, has warned that the state of the housing market in the United Kingdom is the current biggest domestic threat to the country’s economy, due to lack of house building, and regulatory issues.

In an interview to be aired on Sky News today, he said the housing market is the “biggest risk” to the economy and has “deep, deep structural problems”. Of house building he said: “There are not sufficient houses built in the UK. To go back to Canada, there are half as many people in Canada as in the UK, twice as many houses are built every year in Canada as in the UK and we can’t influence that.”

“We’re not going to build a single house at the Bank of England. We can’t influence that. What we can influence […] is whether the banks are strong enough. Do they have enough capital against risk in the housing market?”

Carney also said the Bank of England would look into the procedures used to issue loans and mortgages to see if they were being granted appropriately: “We’d be concerned if there was a rapid increase in high loan-to-value mortgages across the banks. We’ve seen that creeping up and it’s something we’re watching closely.”

Kris Hopkins responded to Carney on behalf of the government, saying the government “inherited a broken housing market, but our efforts to fix it are working”. “We’ve scrapped the failed top-down planning system, built over 170,000 affordable homes and released more surplus brownfield sites for new housing. We’ve also helped homebuyers get on the housing ladder, because if people can buy homes builders will build them. Housebuilding is now at its highest level since 2007 and climbing. Last year councils gave permission for almost 200,000 new homes under the locally-led planning system and more than 1,000 communities have swiftly taken up neighbourhood planning. It’s clear evidence the government’s long-term economic plan is working.”

Earlier this month, the Organisation for Economic Co-operation and Development called on the UK government to “tighten” access to the ‘Help to Buy’ scheme introduced by George Osborne and the coalition government in 2013. ‘Help to Buy’ has also recently been criticised by three former Chancellors of the Exchequer — the Conservatives Norman Lamont and Nigel Lawson, and former Labour Chancellor Alistair Darling. Darling said: “Unless supply can be increased substantially, we will exacerbate that situation with schemes like Help to Buy.”