Author: Admin

Saturday, April 2, 2005

Regional U.S. telephone giant SBC Communications is one step closer to offering cable television to the 18 million households in its 13 state coverage area. The company announced a $195 million contract with Scientific-Atlanta Thursday to provide a video operations center and regional hubs for the new service. Under the brand name, U-verse, the SBC’s television rollout is set to launch in 2006 after field trials begin later this year.

The company is seeking the so-called “triple play,” where a telecommunications company offers voice, data and video in one bundled package. Local telephone companies like SBC have been losing business to cable TV companies, which have added telephone and Internet services in recent years.

In a slew of recent deals, SBC is looking to stop that trend. Within the past six months it has signed alliances with various technology firms to build out a fiber network to the home strategy. For instance, SBC has a $1.7 billion deal with Alcatel to build out its fiber optic network and a 10-year, $400 million, pact with Microsoft to license its IPTV technology to allow multi-channel television to stream over its Internet backbone.

In most of the U.S. only cable TV companies like Comcast have been able to offer the “triple play” of voice, video and data services. But traditional phone companies like SBC and Verizon have been upgrading their copper wire telephone networks to fiber optic. SBC says it plans to spend billions of dollars to overhaul its telecommunications network, saying the aging and brittle copper wires which were originally laid in the early 1900s do not have enough bandwidth to allow television capability.

Sunday, May 29, 2005

In a result predicted by polls, a 54.87% majority of French voters voted non in Sunday’s European Constitution referendum. Of France’s 42 million eligible voters, over 70% turned out at the 55 thousand polling stations across the country, which were open from 8:00 to 20:00 on Sunday (except in Paris and Lyon where voting finished at 22:00, and French oversea possessions and other polling centers in the Americas, which voted on Saturday in order not to have them vote when the results are already known). A 70% turnout is very large compared to Spain 42%.

The result comes as no surprise to European political commentators as opinion polls had consistently suggested that the “No” camp was on course for a strong victory. Indeed, the last opinion poll before the actual referendum suggested a 56% win for the “No” camp.

The treaty was supported by all 3 major political parties (center-left PS, center-right UMP, center-right UDF), though a significant minority of the PS, and some in the UMP, chose to oppose it.It was opposed by the French Communist Party, as well as Trotskyite movements such as the Revolutionary Communist League, other far-left movements such as the Party of the Workers, parts of the Socialist party, parts of The Greens some members of UMP, and the nationalist National Front.

According to polls, the vast majority of blue collar workers, farmers and other categories threatened by globalization and international concurrence voted against the treaty. The urban, better educated or richer population voted in favor.

Some supporters of the “No” camp have argued that the mainstream media was biased in favor of the “yes” cause, and this was supported by some analyses of times awarded by television to both camps. However, the “no” camp also waged an aggressive campaign, with the walls of major cities being plastered with posters linking the EU Constitution and the European Union to all kind of social ills, such as high unemployment.

You can read the entire proposed European Constitution at Wikisource

Saturday, October 20, 2007

Dell Inc. announced on Tuesday that it will partner up with the Microsoft-Nortel Innovative communications alliance (ICA) team to sell Unified Communications and VoIP products.

The announcement on Tuesday the 16th of October 2007 includes Dell selling VoIP, data and wireless networking products from Nortel and the Microsoft Office Communications Server 2007 and other unified communications products.

The partnership with both manufacturers should allow Dell to provide a pre-integrated solution.

In March 2007, competitors IBM and Cisco announced they would join in the competition for developing unified communications applications and the development of open technologies around the unified communications and collaboration (UC2) client platform an application programming interfaces (APIs) offered by IBM as a subset of Lotus Sametime.

“We want to make it simple for our customers to deploy unified communications so their end users can get access to all their messages in one place – whether its e-mail, phone or mobile device. This will pave the way for more business-ready productivity tools,” said vice president of solutions, Dell Product Group, Rick Becker.

• Customers have four options:
  • Core Office Communication Server 2007 – provides instant messaging and on-premise Microsoft Live Meeting.
  • Office Communication Server: Telephony – enables call routing tracking and management, VoIP gateway and public branch exchange (PBX) integration.
  • Audio and Video Conferencing – allows point-to-point conference, video conference and VoIP audio conference.
  • Exchange Unified Messaging – provides voicemail, e-mail and fax in Microsoft Outlook, and anywhere access of Microsoft Outlook Inbox and Calendar.

Friday, December 12, 2008

Top broker and Wall Street adviser Bernard L. Madoff, aged 70, was arrested and charged by the FBI on Thursday with a single count of securities fraud, also known as stock fraud and investment fraud. He allegedly told senior employees of his firm on Wednesday that his $50 billion business “is all just one big lie” and that it was “basically, a giant Ponzi scheme (since at least 2005).” Mr. Madoff faces up to 20 years imprisonment and a fine of up to $5 million. FBI agent Theodore Cacioppi said Mr. Madoff’s investment advisory business had “deceived investors by operating a securities business in which he traded and lost investor money, and then paid certain investors purported returns on investment with the principal received from other, different investors, which resulted in investors’ losses of approximately $50 billion dollars.”

The former chairman of the Nasdaq Stock Market is also the founder and primary owner of Bernard L. Madoff Investment Securities LLC, the closely-held market-making firm he launched in 1960. The firm is one of the top market maker firms on Wall Street. He founded his family firm with an initial investment of $5,000, after attending Hofstra University Law School. He saved the money earned from a job lifeguarding at Rockaway Beach in Queens and a part time job installing underground sprinkler systems.

A force in Wall Street trading for nearly 50 years, he has been active in the National Association of Securities Dealers (NASD), a self-regulatory organization for the U.S. securities industry. His firm was one of the five most active firms in the development of the NASDAQ, having been known for “paying for order flow,” in other word paying a broker to execute a customer’s order through Madoff. He argued that the payment to the broker did not alter the price that the customer received. He ran the investment advisory as a secretive business, however.

Dan Horwitz, counsel of Mr. Madoff, in an interview, said that “he is a longstanding leader in the financial-services industry with an unblemished record; he is a person of integrity; he intends to fight to get through this unfortunate event.” Mr. Madoff was released on his own recognizance on the same day of his arrest, after his 2 sons turned him in, and posting $10 million bail secured by his Manhattan apartment. Without entering any plea, the Court set the preliminary hearing for January 12.

Madoff’s hedge fund scheme may rank among the biggest fraud in history. When former energy trading giant Enron filed for bankruptcy in 2001, one of the largest at the time, it had $63.4 billion in assets. The scheme would dwarf past Ponzis, and it would further be nearly five times the telecommunication company WorldCom fraud and bankruptcy proceedings in 2002.

The Securities and Exchange Commission filed a separate civil suit on Thursday against Bernard L. Madoff Investment Securities and its eponymous founder Mr. Madoff. It was docketed as “U.S. v. Madoff,” 08-MAG-02735, by the U.S. District Court for the Southern District of New York (Manhattan). SEC, New York associate director of enforcement, Andrew M. Calamari, asked the judge to issue seizure orders on the firm and its assets, and appoint a receiver. The SEC pleads, among others, that “it was an ongoing $50 billion swindle; our complaint alleges a stunning fraud that appears to be of epic proportions.” It further accused the defendant of “paying returns to certain investors out of the principal received from other, different investors” for years. Madoff’s hedge fund business had previously claimed to have served between 11 and 25 clients and had $17.1 billion in assets under management. But virtually all of the assets were missing.

United States District Court for the Southern District of New York Louis L. Stanton on Thursday appointed Lee Richards, a Manhattan lawyer, as the firm’s receiver. A hearing is set for Friday, for a ruling on the SEC’s petition to grant plenary powers to the receiver over the entire firm, and an absolute asset sequestration.

Doug Kass, president of hedge fund Seabreeze Partners Management said that “this is a major blow to confidence that is already shattered — anyone on the fence will probably try to take their money out.”

Sunday, July 23, 2006

Indonesian officials have said an underwater earthquake measuring 6.6 on the Richter scale has erupted off the Indonesian island of Sulawesi. At first, officials told residents to flee coastal areas as a safety measure, but they later said there had been no tsunami. According to reports, no damage has been caused.

Last week, an underwater quake with a magnitude of 7.7 produced a tsunami that ravaged a 200km stretch of Java’s southern coast. Six hundred and fifty people perished after the deadly two-metre high tidal wave struck, and it is estimated that over three hundred people are still missing.

Navy boats and marine police have been searching for dead bodies off Java’s coast, but according to the Associated Press, rough seas today have forced teams to abort their operations.

Regions hardest hit, like the small town of Pangandaran, are starting to return to normality. However, people who have taken refuge in camps are refusing to return home due to fears of another tsunami.

Indonesia’s President has said efforts to build an early warning system planned after the 2004 Asian tsunami are to be accelerated. His government has been criticised as to why local people weren’t informed that a tsunami was imminent last week.

Sunday, July 4, 2010

Russia’s Internal Affairs Ministry’s Department for Own Safety says it will begin a “check” on Russian Militsiya lieutenant colonel Artem Kuznetsov, who is publicly accused by a group of American lawyers of illegitimately imprisoning and then torturing Russian lawyer Sergei Magnitsky to death. Later, head of Investigating Committee of the Prosecution Office Alexander Bastrykin said he will “personally check” the course of investigation into actions by Kuznetsov and his coworkers. In 2007 and 2008, Magnitsky worked in Russia for American investment fund company Hermitage Capital Management and was involved in the disclosure of a large-scale corruption among several top law enforcement officials in Moscow.

Lawyers concerned with the death of Magnitsky, which occurred in Butyrka prison on November 16 of last year, started the bilingual website russian-untouchables.com, where they presented evidence of Artem Kuznetsov’s alleged efforts to cloak the crimes. As reported by the website’s authors, Kuznetsov was a key player in a US$230 million theft from the Russian government and then successfully brought criminal charges against everyone who reported his theft.

The central part of website material is a ten-minute video providing a summary of the case. Its main point is the fact that multiple large-scale luxury buyings registered to members of Kuznetsov’s family; they are not comparable to official income of all of these persons. It is emphasized in the video that Kuznetsov’s official monthly income is $850 per month (in roubles), and to gain all the assets found to be connected with him he would have to work for 322 years. The video was released in the middle of last week, and gained enormous popularity within Russian blogosphere, and drew attention of some mass media.

One of the American lawyers, Jamison Firestone, states at the website that last month he directed several petitions to check the sources of Kuznetsov’s family wealth to Russian authorities: the President of Russia, Prosecutor General Yury Chaika, Department for Own Safety and Department for Preventing Corruption and Other Crimes of Interior Ministry. News website Lenta.ru states that addresses were directed on May, 21, but there were no replies since then.

Magnitsky’s case has received international attention for several months. In April 2010 US Senator Ben Cardin proposed the cancellation of US visas to 60 Russian officials allegedly connected with Magnitsky’s death. He directed an appeal to US State Secretary Hillary Clinton.

There has been no decision on it yet, but last Tuesday Clinton urged Russia to bring officials responsible for the death of Magnitsky to justice, The Daily Telegraph says. She told the US-Russia “Civil Society to Civil Society” summit in Washington that the Obama administration is “deeply concerned about the safety of journalists and human rights activists in Russia”. In the meantime Barack Obama and Russian President Dmitry Medvedev were meeting last week during Medvedev’s visit to US.

Magnitsky’s advocates emphasize that Kuznetsov, since committing his crimes, was promoted in service; previously, he was working for the Department of Tax Crimes of the Central Internal Affairs Directorate of Moscow, and at the start of 2010 began to work in Department for Economic Safety of the Interior Ministry. Recently there were many cases when civil groups and private persons publicly reported alleged large-scale corruption crimes within top Russian authorities, with some evidence provided.

Tuesday, December 1, 2009

With two by-elections coming up in Australia, many minor parties and independents will be looking to gain a seat in the House of Representatives. Stephen Murphy is one of the independents.

Mr Murphy is a computer programmer from the Melbourne suburb of Brunswick.

“After growing up in South-East Melbourne I studied Science at Monash with first class Honours, worked in Europe for 10 years and have recently returned to Australia. I work in finance as a computer programmer and speak five languages,” Mr Murphy said.

Wikinews reporter Patrick Gillett held an exclusive email interview with Mr Murphy, candidate for the Division of Higgins.

((WN)) Why do you want to get into parliament?

Stephen Murphy: I am standing up for what I believe is the correct course of action on the biggest issue in Australian politics in 100 years – Kevin Rudd’s flawed emissions trading scheme (ETS).

((WN)) What would the three main policies you are taking into this by-election be?

SM: I will oppose the emissions trading scheme, ensure that all government policy is based on accurate scientific evidence and return common sense to Canberra

((WN)) How would you address these policies?

SM: By asking for a Royal Commission into climate change so that the facts (such as that global warming stopped in 2001 and the emissions trading scheme will not change the climate one bit) are openly presented to the Australian people.

((WN)) Sending asylum seekers to Indonesia: good or bad?

SM: Any government policy that does not properly consider all implications (be it emissions trading, or any other issue) is a bad one.

((WN)) Is the Australian dollar’s near parity with the US dollar a sign that the Australian economy is healthy, the US economy in chaos or both?

SM: It’s a sign of both. Many countries around the world look with envy at how well (relatively) Australia is doing, to our credit! It is of concern that the American economy is in such bad shape and that their levels of debt seem unsustainable.

((WN)) How do you rate the governments economic stimulus package?

SM: The economic stimulus package was poorly targeted and poorly carried out. When we could have been building roads, dams, railways and hospitals yet instead we were paying for tattoos, PlayStations and overseas holidays.

((WN)) Should it be wound back?

SM: The question about levels of stimulus spending is a complicated one and requires expertise in economics, however one could say in general terms that all government spending should be well targeted and spent in the most efficient way.

((WN)) Is Kevin Rudd a better Prime Minister than John Howard?’

SM: Australian voters are the best judge of that and we will know in 2019 🙂

((WN)) Is the Carbon Pollution Reduction Scheme an effective solution to climate change? Why?

SM: Absolutely not. The CPRS will not change the climate by any amount that we can measure – it’s just a new tax that will hurt Australians and drive businesses and jobs overseas. Since 2003 there has been mountains of new scientific data which contradicts the popular theory that human carbon dioxide emissions are causing significant global warming. Recently, many of the scientists who wrote the IPCC report (on which the ETS / CPRS is based) have been reported as manipulating scientific data to create scary global warming scenarios. The science is definitely not settled

((WN)) Is there a better solution?

SM: We can very easily refocus the momentum and goodwill that has been generated on climate change and channel this energy into other worthwhile environmental projects in Australia that will make a difference.

((WN)) Why should the electorate vote for you?

SM: I will oppose the ETS and support responsible environmental policies instead of radical environmental policies that could end up costing every Australian taxpayer $4550 per year in new taxes.

Sunday, January 25, 2009

As a storm swept across parts of France and Spain on Saturday and Sunday, it left 15 people dead. Its winds were recorded up to 190km/h (118 mph), which are hurricane-force winds.

The storm made landfall near to Bordeaux, France at 5:00 am Central European Time on Saturday the 24th January. It traveled south-eastwards towards the south-east coast of France throughout Saturday morning, finally reaching there at 1:00 pm. It is expected to head north-eastwards over Italy and the Adriatic Sea, but without causing damage. Low pressure systems are fairly common in Europe at this time of year. Some reports have called it the storm of the decade; BBC meteorologist Alex Deakin said “Saturday’s storm is being described as the most damaging since that of December 1999 which killed 88 people.”

Four children aged between 9 and 12 died at a sports hall in Sant Boi de Llobregat, near Barcelona. The children intended on playing baseball, but sought shelter inside a covered area made of concrete with a corrugated iron roof. The structure collapsed, as a result of the wind. Local people and fire-fighters were at the scene in aiding children to escape the rubble. Three children died at the scene, a fourth died in hospital and 16 have been treated for injuries.

Other fatalities include a woman, who died after a wall collapsed and a man struck by a falling tree in the Barcelona area. In Landes, south-west France, a falling tree struck a driver; a 78-year-old man was hit by debris and another man, aged 75, was crushed by a tree. A wall crushed a man in Aigues de Busot in the south-east of Spain. A policeman was struck by a falling tree as he directed traffic in Burela and a sailor from a cargo ship died when the vessel got into trouble off the coast of Galicia. In Burgos, Spain, a woman was crushed by a door.

Approximately 1.7 million homes in France and tens of thousands of homes in Spain experienced power cuts. A woman, aged 73, died in France after a power-outage stopped her breathing machine. Road and rail links were blocked and airports closed. Airports in Bordeaux, Biarritz, Pau and Toulouse were shut, as well as train services, leaving hundreds of passengers stranded overnight.

Michèle Alliot-Marie, the French interior minister, stated that in addition to the 300 civil security agents located in the Landes region of France, another 715 agents would be deployed. She also expressed her intent to fly there today, after the high winds have decreased. French President Nicolas Sarkozy told reporters he would travel to the affected area tomorrow. In Bordeaux’s Gironde region, 19 residents of a retirement home were evacuated by rescuers following its rooftop being blown away. Authorities have also evacuated campers from the pine forests in Landes.

Thousands were evacuated from nearby housing estates in La Nucía, north of Benidorm in Alicante, as the Spanish Army helped to fight a forest fire, which was started by a felled electricity pylon. There were also forest fires in the region of Catalonia, while Spain put emergency services on high alert. Waves over 20 metres high were registered off the northern coast of Spain and dolphins were stranded on beaches in the region as a result of high winds.