lwsimmons.org

Friday, December 12, 2008

A US$14 billion bailout package deal for the “Big Three” United States automakers — Chrysler, Ford, and General Motors — has been rejected in the United States Senate after failing a procedural vote.

The bill was rejected after bipartisan discussions on the bailout broke down when Republican Party leaders insisted that the United Auto Workers (UAW) union agree to increase wage cuts by next year in order to bring their pay into line with those of Japanese automobile companies in the United States. The UAW refused to meet the demands.

The final vote count in the Senate was 52-35, eight short of the 60 needed to pass. Only ten Republicans joined forty Democrats and two independents in voting for the bill. Three Democrats voted with thirty-one Republicans against it.

Senate Majority leader Harry Reid said that he was “terribly disappointed” by the failure of the bill to pass. “I dread looking at Wall Street tomorrow. It’s not going to be a pleasant sight,” Reid said. “Millions of Americans, not only the auto workers but people who sell cars, car dealerships, people who work on cars are going to be directly impacted and affected.”

Republican Senator Bob Corker was also unhappy about the rejection. “We were about three words away from a deal. We solved everything substantively and about three words keep us from reaching a conclusion,” he said.

Some Democrats now want U.S. President Bush to reserve a portion of the $700 billion bailout package earmarked for Wall Street to assist the flagging car industry.

Stock markets worldwide fell dramatically on the news, with Japan’s Nikkei average losing 484.68 points, or 5.6 percent, reaching a level of 8253.87 points. Shares in the auto companies Toyota, Nissan and Honda all dropped by no less than 10 percent apiece. European stocks, such as those in the United Kingdom and Germany, also lost ground, with the FTSE-100 index of leading shares falling 176.3 points to a level of 4,211 at midday.

Monday, February 18, 2013

Venezuela’s government has opened a granite processing plant in the state of Bolívar, with the intention of providing about 25% of the granite required nationwide.

Ricardo Menéndez, vice president of the Productive Economic Area, said Venezuelan President Hugo Chávez has yearned for the creation of this project to empower Venezuelan construction. Granito Bolívar is reportedly the most modern Venezuelan granite plant, not consuming community water or electricity, and is also the largest, with a daily capacity to supply enough material for use in construction of about 820 houses.

Menéndez said, “These granite blocks are the natural resources of our country, are the wealth we have as a country and often [some] simply decided to remove this richness from our country and take them to other countries” ^{((es))Spanish language: ?Esos bloques de granito son la riquezas naturales de nuestro país, son las riquezas que tenemos como patria y que muchas veces sencillamente esas riquezas decidieron sacarlas de nuestro territorio nacional y llevarlas a otros países}.

According to Menéndez, with the help of a state plan, Venezuela intends to exploit its 40,000 million cubic meters or more of granite reserves, generating a set of factories. “[T]he central theme is that these plants, all these factories, are for the construction of socialism; that means using our potential, develop the value chain within the country and of course that yields benefits from the point of view of the production system’s organization…. [Granito] Bolívar is not only the vision that historically we had of exposing richness, but the industries, basic industries we have, that level of our workers in the basic industries and in addition the development of the potential we have in the state” ^{((es))Spanish language: ?el tema central es que estas plantas todas estas fábricas son para la construcción del socialismo, eso significa utilizar nuestras potencialidades, dessarrollar la cadena de valor dentro del país y por supuesto que eso genere beneficios desde el punto de vista de la organización del sistema productivo … Bolívar no solamente es la visión que históricamente se tuvo de exponer las riquezas, sino que son las empresas, las empresas básicas que tenemos, ese nivel de nuestros trabajadores de la empresas básicas y adicionalmente el desarrollo del potencial que tenemos en el estado}.

For the construction of the plant, supplied by 23 quarries, the government of Bolívar provided about 30 million bolívares (US$4.7 million) and the national government €2.3 million (US$3 million). Bolívar reportedly has reserves of about 40,000 million tons of red, black, pink and white granite, sufficient for domestic demand for 200 years.

Thursday, October 4, 2007

Glenn Crowe is running for the NDP in the Ontario provincial election, in the Bramalea-Gore-Malton riding. Wikinews’ Nick Moreau interviewed him regarding his values, his experience, and his campaign.

Crowe did not reply to various questions asked.

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.

Saturday, January 28, 2006

The United States Food and Drug Administration (FDA) approved the use of an inhalable form of insulin for treating both forms of diabetes in adults. The product, manufactured by Pfizer Inc. is called Exubera and is a inhaled powder form of recombinant short-acting human insulin (rDNA).

Insulin is a hormone produced by the pancreas that, when released into the blood, controls the upper limits of glucose presence in the bloodstream. Diabetics cannot produce (enough) insulin on their own, and have to control their blood sugars by appropriate diet, exercise and medication. Untreated Diabetes can have a serious adverse effect on health, it can lead to higher risk of cardiovascular disease, kidney failure, retinal damage and diabetic shock, which can be fatal. Insulin has been used for the treatment of diabetes for many years now, but some patients find it difficult (and costly) to use as it has to be injected into the body, usually several times a day. Currently, about five million Americans take insulin injections. Also, the use of any form of insulin can cause blood sugar to drop below safe levels, a condition called hypoglycemia. As a result, the use of insulin must be accompanied by a careful and regular monitoring of blood sugar levels.

The FDA has issued guidelines that the inhalable form should not be used by smokers, patients with asthma, bronchitis, or emphysema as tests have shown that its use can reduce the breathing capacity of the lungs. Other side effects associated with Exubera therapy seen in clinical trials included cough, shortness of breath, sore throat, and dry mouth. The FDA has given its approval on the basis of safety studies of short-term use and studies of its effects over long-term use are underway.

Pfizer has said the product wouldn’t be widely available until June or July and that exact prices haven’t been set. A Pfizer spokesperson has said that the price will be “competitive” to injected insulin.

Thursday, October 4, 2007

Glenn Crowe is running for the NDP in the Ontario provincial election, in the Bramalea-Gore-Malton riding. Wikinews’ Nick Moreau interviewed him regarding his values, his experience, and his campaign.

Crowe did not reply to various questions asked.

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.

Friday, April 28, 2006

The Qingzang Railway is a project by the Chinese Government to build a unique railway linking Tibet with Mainland China. The railway will include sections at high altitude, crossing 5000 metre high mountains, long tunnels and lots of track laid on permafrost. The railway is being hailed in China as “an engineering miracle”, but has attracted criticism from across the world over fears that the railway, the first to link it to outside the region, will increase Chinese control over the Tibetan autonomous region and will erode Tibetan culture and traditions.

Currently, Tibet can only be reached by air and by road. Departing from lower-altitude airports to fly into Tibet carries the risk of experiencing high altitude sickness, and the landing at Lhasa can be ‘hair-raising’. Travelling by road means several days on a bus or hitchhiking on trucks over windy mountain roads. When the Quingzang Railway opens, it is expected that direct trains will run from Beijing and other cities.

China has long received criticism over its treatment of Tibet. The Tibet Autonomous Region excludes many areas claimed to be part of ‘historic Tibet’, and the former government of Tibet, headed by the Dalai Lama, now live in exile in India. China claims that the railway will bring greater freedoms and economic opportunities to the people of Tibet. For an area that has long been in relative isolation though, the railway is bound to have a profound effect. Locals may worry about what would happen to their trade if they were suddenly forced to compete with businesses from Mainland China. Much of Tibet is also ancient, with old buildings and traditional practices, which may be under threat from the new physical link with China.

There are also concerns from environmentalists. The passage between Tibet and China contains some unique flora and endangered animal species, such as Tibetan antelope, which may be threatened by the railroad. Construction of the railway will generate 7,000 tons of rubbish from 20,000 builders. Some of this rubbish will have been buried on the spot whilst some forms of non-degradable rubbish which may pollute water is said to have been transported to Golmud or Lhasa for treatment. A bridge is also said to have been built at Wudaoliang Basin to enable animals to cross. Once open the railway will generate more waste, and whilst the carriages are said to be enclosed, preventing passengers from throwing out rubbish, it remains to be seen what additional impact the running of the railway will create.

As well as passengers, the railway will also have a strong use in transporting freight, currently carried on trucks. This will mean that more coal and petroleum-based products will be brought into Tibet. Whilst China claims that this will enable Tibetans to stop logging pine trees for fuel, aiding the local ecology, the railway will accelerate Tibet’s use of climate-damaging fossil fuels.

Some Canadian student groups had called for a boycott of the Bombardier Transportation group, who has a contract with China to provide some of the carriages.

Most of the line is now complete, ahead of schedule. Signaling equipment is currently being installed, with trials said to begin in July. The railway is scheduled to open fully in 2007. Luxury carriages will carry tourists, with sleeping compartments and oxygen tanks to enable breathing within the high-altitude areas.

Wednesday, January 18, 2012

Meteorites that fell to Earth during a meteor shower in July of 2011 have been confirmed to be from Mars. The rocks, discovered in Morocco, were likely ejected off the surface of the planet during an ancient asteroid impact.

This is believed to be the fifth time in history that people have observed what turned out to be chemically confirmed martian material falling to Earth. Out of the approximately 24,000 known meteorites to have fallen to Earth, only about 34 have been verified to be martian in origin. Fifteen of these rocks are attributed to the meteorite shower last July. Some of the rocks, which are very rare on Earth, are being sold from US$11,000 to $22,500 per ounce, which is about ten times more than the cost of gold.

Meteorites confirmed to be from Mars fell to Earth in 1815, 1865, 1911 and 1962. The sooner the rocks are recovered after landing on Earth, the less they are contaminated by its natural processes. This allows scientists to examine specimens and gain insight about the geology of Mars. “Because it’s so fresh, if you find organics in this sample, you can be pretty sure those organics are Martian,” Carl Agee, director of the Institute of Meteoritics at the University of New Mexico, told Space.com.

Scientists postulate that a large object’s impact into Mars millions of years ago was the cause of the material’s ejection from the surface of the planet.