Cyprus and Malta adopt the euro

Tuesday, January 1, 2008

Today at midnight, the Republic of Cyprus and the Republic of Malta, both small island states in the Mediterranean and former British colonies, adopted the euro as their official currency; less than four years after their accession to the European Union. Because Cyprus and Malta are in different time zones, Cyprus adopted the euro one hour before Malta did the same. In both countries the euro was welcomed with outdoor celebrations, including a fireworks display in Malta’s capital Valletta. According to the BBC Cypriot Finance Minister Michalis Sarris has said the euro “will benefit consumers and businesses alike because of the eurozone’s low inflation, low interest rates and large market.”

The BBC reports that Cypriot and Maltese leaders “made symbolic withdrawals of euros from cash machines just minutes into the New Year.” TIME reports that Maltese Prime Minister Lawrence Gonzi had to wait a little while before getting his hands on the new currency because “an automated teller machine did not work when Gonzi tried to withdraw euros, and he was obliged to use a different ATM.”

The Cypriot pound (CYP) and the Maltese lira (MTL) will remain in use during a dual circulation period that will last until the end of this month, at which point they will cease to be legal tender. However, it will still be possible to exchange them for Euro free of charge after the end of this period. Commercial banks in Cyprus will exchange Cypriot pounds for Euro until 30 June, but only for amounts up to CYP 1000 per customer and per transaction in banknotes and up to CYP 5O in coins. The Central Bank of Cyprus will exchange coins until the end of 2009 and banknotes until the end of 2017. Maltese commercial banks will exchange Maltese lira for Euro until the end of March, with a limit for non-customers of MTL 250, whereas the Central Bank of Malta will exchange coins until 1 February 2010 and banknotes until 1 February 2018.

We’re sorry to say goodbye to our pound but happy to welcome the euro.

The single currency has replaced the Cypriot pound and the Maltese lira at a rate of one euro to 0.585274 Cypriot pound and 0.4293 to the Maltese lira, or 1.71 euro per Cypriot pound and 2.33 per Maltese lira. This conversion rate had been fixed on 10 July 2007 by Ecofin, the council comprising the finance ministers of the EU Member States.

Today with the adoption of the Euro, Cyprus and Malta have become even more integrated in the heart of the European Union, less than four years after they joined the EU.

Cyprus and Malta are the 14th and the 15th country to join the Eurozone, which already includes Austria, Belgium, the Netherlands, Finland, France, Germany, Ireland, Italy, Luxembourg, Portugal, Spain, Greece and Slovenia. All EU Member States are required to join the Eurozone once certain conditions are fulfilled, except Denmark and the United Kingdom which have negotiated a so-called opt-out that allows them not to adopt the single currency.

The Turkish Republic of Northern Cyprus, the de facto independent Turkish-controlled area in the north of Cyprus, will not join the Eurozone. Northern Cyprus is not part of the European Union and is recognised only by Turkey. As a result, the Turkish lira will remain the official currency in the north of the island; however, TIME reports that “many Turkish Cypriot merchants will also accept euros along with Turkish lira.” Cypriot Euro coins are inscribed in both Greek and Turkish.

The euro will also be legal tender in the Sovereign Base Areas, British military bases in Cyprus.

The national sides of the Cypriot Euro coins feature three separate designs for the three series of coins. The 1, 2 and 5-cent coins feature the mouflon, or wild sheep, the 10, 20 and 50-cent coins feature the Kyrenia ship, the wreck of a 4th century BC Greek merchant ship discovered in 1967 and salvaged closed to Kyrenia, and the €1 and €2 coins feature the Idol of Pomos, a prehistoric sculpture from the village of Pomos, three national symbols of Cyprus. The designs were jointly created by Tatiana Soteropoulos and Erik Maell.

The Maltese euro coins’ national sides will also feature national motifs. The 1, 2 and 5-cent coins will feature the altar of the Mnajdra temple grouping, a complex of three Neolithic temples on the southern coast of Malta and one of the oldest free-standing temple groupings in the world, the 10, 20 and 50-cent coins will feature the Coat of Arms of Malta, and the €1 and €2 coins will bear the Maltese cross, a symbol associated with an order of Christian warriors known as the Knights Hospitaller or Knights of Malta, which was based on Malta for more than 250 years after they had been given the islands by Charles V, Holy Roman Emperor. The designs of Maltese engraver Noel Galea Bason were selected after two rounds of public consultations in which people were invited to vote via SMS.

Both Cyprus and Malta have taken a number of steps to address fears of undue price rises. 7,130 Cypriot companies have subscribed to a Fair Pricing Code launched by the authorities and the Cypriot government urged companies to round their prices down. In Malta, the FAIR initiative, a fair pricing scheme, was put in place in January 2007. This scheme, which provides for administrative fines for those failing to respect their commitment, now involves 80% of all retail outlets. Malta, according to the BBC, has also signed 12 price stabilisation agreements with importers, which will last until March 2008.

In both countries, the authorities will monitor retailers to ensure they do not exploit the changeover for unfair gain by rounding up their prices, contributing to inflation.

Bangladesh security tightened following Pilkhana massacre and Bashundhara City fire

Friday, March 20, 2009

Following the Pilkhana massacre which occurred February 25 and 26 leaving 74 dead and the inferno at the Bashundhara City shopping mall complex March 13 leaving seven dead, Prime Minister Sheikh Hasina said security measures are being tightened countrywide across Bangladesh.

Fire drills will be enacted at all key-point installations (KPI). Fire fighting systems will be examined by the fire brigade and the public works department (PWD) to ensure functionality. Security measures will be enhanced supplementing areas under private security such as at the Bashundhara City Complex.

The Fire Service and Civil Defence Department requires modernization and needs new equipment to fight fires past the sixth floor of buildings. The Fire Brigade says it needs turntable ladders, snorkels, foam-tenders, lighting units, emergency tenders, fireproof uniforms, and rescue ropes for fire fighting and rescue operations. Transportation to fires is also an issue due to narrow roads, low electrical wires and congestion.

The Bangladesh National Building Code requires fire fighting equipment installed in buildings over seven floors. This code is to be monitored by authorities to ensure compliance with the new guidelines and to make sure buildings are being maintained.

The Bashundhara City Complex opened Monday for shoppers two days after Friday’s blaze. A probe is underway to determine the cause of the fire and to assess structural damage.

Loss of life was minimized as the blaze broke out on a Friday, the beginning of the weekend in Bangladesh, so offices in the upper floors were empty. The lower eight floors are used for shopping and the upper floors are all Bashundhara Group offices.

The mall is valued at Tk 7.0 billion (US$100 million). It is not known if the complex is covered by fire insurance.

It is estimated that it will take over two years to rebuild the area damaged by flames which were burned down to a skeleton. Bashundhara City’s technical advisor, Latifur Rahman, estimated damages at Tk 2.0 billion (US$29m).

Only one television cameraman has been allowed in to film the burnt area. None of the 2,500 shops, cinemas or cafes were burnt by the inferno. The seventh and eighth floors still experience smoke damage, and there was water damage to merchandise.

A three member committee is currently investigating the cause of the fire which will consist of Iqbal Khan Chowdhury, joint secretary of the ministry, representatives of the police, IGP Noor Muhammad, and fire brigade, Director General Abu Nayeem Md Shahidullah. The committee is required to report within the week with their findings. The forensics department is also sifting through the burnt remains.

The Dhaka Chamber of Commerce and Industries has also formed a committee which has begun interviewing witnesses and recording their testimony alongside the government committee.

It has been discovered that 150 closed circuit cameras were not being used when the fire started. Another mystery is why the mall fire fighting system has been found unused.

Why the fire burnt so fiercely is a matter to think….These matters seem to be mysterious

“In the shopping mall there is an ultra-technology elevator which runs even without electricity but we have found that locked,” Iqbal Khan Chowdhury, joint secretary (Police) of the home ministry, said. “Why the fire burnt so fiercely is a matter to think. We have to see if there was any incendiary substance there. These matters seem to be mysterious.”

Mall management has been asked to submit substances and items which would have been in the upper floors when the fire started. The fire erupted on the 17th floor and spread quickly to the two floors above and engulfed the three floors below. The aerial ladders belonging to the Fire Service and Civil Defence reached as high as the 13th floor of the 21-storey building.

Videos have been sent to the United States (US) for examination to assist in determining the cause of the fire and to help in the damage assessment. Experts from the US are expected to arrive soon.

Firefighters were brought to the rooftop of the 20-storey tower by helicopter. The only fatality in this operation was Baki Billa, a firefighter of Bashundhara City firefighting department, who fell when climbing down a rope from a helicopter to the roof of the building. Three other firefighters made the transition safely. At this same time, the chief security officer was safely rescued by the Bangladesh Air Force helicopter, a Bell 212. Six security officers of the complex also lost their lives.

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Scottish archaeology student discovers 5,000 year old chewing gum in Finland

Thursday, August 23, 2007

An archaeology student from Scotland has discovered a 5,000 year old piece of chewing gum on a dig in Finland.

Sarah Pickin, a 23-year-old part-time barmaid studying archaeology with Derby University, discovered the gum during a dig in the north-west of the country. The gum is a lump of birch bark tar, and still has visible tooth marks. It has been sent away for analysis, and radio carbon dating is predicted to show the gum to be 5,000 years old.

Ms Pickin said of her discovery “I had heard of ancient chewing gum being found before on previous European digs so when I found it in the trench, it was the first thing that crossed my mind.

“However, it looks just like a dirty piece of modern chewing gum with no smell or taste and I was also worried it could have been a bit of fossilised poo, so I asked a few of the other students to make sure.

“Thankfully they agreed that it was birch-bark gum and it’s now away to be carbon dated and have the teeth marks analysed before it goes on display.”

It will be displayed in Finland’s Kierikki centre, which is devoted to finds from the area. Sarah Pickin also discovered a piece of an amber ring, a slate arrowhead and a hair needle. All the finds date to the Neolithic period.

It is believed the gum was chewed as an aid against gum disease, as it contains antiseptics.

Wikinews Shorts: January 20, 2012

A compilation of brief news reports for Friday, January 20, 2012.

Contents

  • 1 Dissident Republicans bomb Londonderry
  • 2 Kodak files for bancruptcy
  • 3 Republican contender Newt Gingrich refutes open marriage accusations
  • 4 Dolce & Gabbana make apology over Hong Kong photography ban
  • 5 Magnitude 6.1 earthquake strikes New Zealand, no damage reported

If you believe any of these stories deserves more in-depth coverage, feel free to write a full article on the issues raised.

UK Government announce same-sex weddings to start from March 29

Tuesday, December 10, 2013

The British government announced today that marriages in England and Wales between members of the same-sex will be conducted from March 29 of next year. The change follows the passage of the Marriage (Same Sex Couples) Act earlier this year.

The equalities minister Maria Miller said: “Marriage is one of our most important institutions, and from 29 March 2014 it will be open to everyone, irrespective of whether they fall in love with someone of the same sex or opposite sex. This is just another step in the evolution of marriage and I know that many couples up and down the country will be hugely excited that they can now plan for their big day and demonstrate their love and commitment to each other by getting married.”

The government have not given details of how couples already in a civil partnership will be able to convert to a marriage. The government are also working on arrangements for those who wish to change their legally recognised gender while married. Miller said arrangements on both of these issues would be in place by the end of 2014.

Ben Summerskill from the gay rights group Stonewall said: “This historic step will mean that, for the first time, every gay person in England and Wales will finally enjoy exactly the same rights as their heterosexual friends and family.”

The deputy prime minister, Nick Clegg, said on Twitter that it was “great news”.

Wikinews attends appearance by Bob from Sesame Street, at Sesame Place

Friday, June 8, 2007

“Bob from Sesame Street”, actor and singer Bob McGrath, visited Sesame Place this Sunday for singing and book reading. One of the last remaining cast members from the 1969 first season, he is an accomplished singer with six children’s albums to his credit, he performs family pop concerts and has appeared with more than 100 symphony orchestras in the U.S. and Canada. McGrath has authored eight books including Uh-Oh Gotta Go and Oops, Excuse Me Please.

Sesame Place opened for the season in May, adding Abby Cadabby to its cast of life-size Muppets. The park offers a variety of wet and dry rides, as well as stage attractions. Christy Carlson Romano performed at the park four times over last weekend, as well as riding in its daily Rock Around the Block Parade. Previously this season, Christy had four concerts at the park.

Wikinews is sending Lloyd David Photography to many of the concerts and Sesame Street cast meet-and-greets that are happening this year at the park. David specialises in headshots, models, event, and wedding photography.

21-year-old man sexually assaulted in New Zealand

Tuesday, January 2, 2007

A 21-year-old New Zealander, who has not been named, was sexually assaulted by another man early yesterday morning (NZDT) in Wellington, New Zealand. The New Zealand police have described the sexual attack as “prolonged and terrifying”.

The man was first threatened with a weapon at a shopping center located in Riddiford Street, Newtown, Wellington and was then forced into a dark and isolated carpark where the sexual attack occurred.

Detective Sergeant Zane Smith, said that they have been given a very good description of the attacker and with that description have released an identikit picture. The attacker is a male M?ori aged between mid-20s and early 30s, measures around 1.8 metres and has a solid build. The most identifiable feature is a M?ori tattoo located on his chin. The attacker was also wearing a ‘50 Cent‘ green hooded top, faded black baggy jeans and was wearing sneakers coloured red and white.

The attacker has still not been found and police are asking for anyone who may have been in the Riddiford Street shopping centre between 2:00 a.m. and 3:30 a.m.

CCTV (closed-circuit television) cameras are being examined.

Athletes prepare for 2012 Summer Paralympics at the Paralympic Fitness Centre

Monday, August 27, 2012

London, England — As Paralympians ready for the Games which are set to open later this week, they have access to a world class fitness center inside the Paralympic Village which is designed to maximise their pre-Game preparations.

According to volunteers staffing the center, instead of being a single large room, as in Beijing, the building has numerous rooms. It, along with the adjacent Village Services Centre, is designed to be converted into a school after the games conclude. Rooms have been structured as a gym, an auditorium, and science laboratories.

Gym equipment is supplied by Technogym, an Italian firm that has supplied gym equipment for the Olympics since 2000. Equipment has been provided not just for for the Fitness Centre, but for gyms at all the Olympic venues. The newest equipment is oriented toward maximum flexibility, allowing athletes to exercise the particular muscles that they most require for their sport.

In addition to the equipment, the Fitness Centre also provides instructors trained in the use of the equipment, the likes of which athletes from many countries have never seen before. There are also a number of instructors available to provide motivational training.

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UK beer, soft drinks delivery drivers vote to strike

Friday, August 30, 2013

Workers including drivers for Kuehne and Nagel Drinks Logistics (KNDL) have voted in favour of striking. KNDL, which delivers beer and soft drinks to about 30,000 locations in the UK, was in talks with Unite yesterday to try and resolve the dispute.

The vote is a response to a proposed restructuring in which a number of operations currently performed at the firm’s 29 distribution centres would be relocated to three new ‘super-hubs’. Although no distribution centre closures are currently planned, the union says workers fear future job losses, and are also concerned products will spend more time on the road, spoiling the taste of beer.

A Unite official said “We have tried to engage with the company but they have repeatedly failed to resolve this dispute.” A KDNL spokeswoman said “We are committed to continuing dialogue with Unite in order to reach a resolution before any action is taken.” She also pointed out Unite is yet to decide dates for the strike; Unite has described “one final chance” to resolve the dispute.

A Unite ballot of 970 KNDL employees produced a turnout of 64% of which 85% voted to strike. The distribution centres involved are mostly in England, but sites in Aberdeen, Dundee, Bathgate, and Inverness in Scotland and Swansea in Wales are also affected.

KNDL delivers high-profile brands including Britvic soft drinks and Heineken, Kronenbourg, and Fosters beer. Customers include chains Weatherspoons, Enterprise Inns, and Trust Inns, and airports, cinemas, and leisure centres. Even Premier League football clubs are among KNDL’s delivery rounds.