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Wednesday, July 5, 2006

The Ministry of Defence has named a British soldier from the 3 Para Battle Group who died while on patrol in Afghanistan’s Helmand Province.

The soldier, 19 year-old Private Damien Raymond Jackson, of South Shields, Tyne and Wear, came under fire from Taliban forces in the town of Sangin. He died while being given treatment.

His father, Daniel Jackson said: “I wish everyone to know just how extremely proud I am of my son Damien – of all that he has achieved in his lifetime and of the fact that he died, when duty called, protecting others, in the service of his country.

“A fine, upstanding South Shields lad, Damien was immensely proud to have achieved his ultimate ambition in becoming a member of the finest regiment in the British Army.”

He also condemned the government’s policy in Afghanistan, saying that UK forces are in “dreadful danger”. “We fully support the British Army in Afghanistan whilst in no way supporting or condoning a government policy, which has placed our young men and women in such dreadful danger.”

Private Jackson’s death means six British soldiers have died in the unstable Helmand region in the last four weeks. Since 2001 when operations began in Afghanistan, thirteen British soldiers have lost their lives.

On Saturday, two British soldiers were killed after a rocket-propelled grenade struck the headquarters they were in.

Prime Minister Tony Blair said he would give more resources to British troops to assist them in their fight against the Taliban, but he said the British Army has not yet made such a request.

“If they need more, we will make sure that they get more,” he told the House of Commons during Prime Minister’s Questions on Wednesday.

Along with the Conservative Party leader David Cameron, Mr Blair also commended the efforts of British soldiers by praising their “extraordinary and heroic job”.

“They are fighting a battle that I think is important not just for the security of Afghanistan. It is important for the security of the wider world,” the Prime Minister said.

Approximately 4,000 British soldiers are stationed in Afghanistan, and almost 3,000 of them work in Helmand Province.

In general, they are in Afghanistan to help train the country’s troops, provide security, and assist with reconstruction. As 20% of the world’s opium is produced in Helmand Province, the main task for troops there is to control drugs lords.

Sunday, April 24, 2005

New York Stock Exchange (NYSE) announced last Wednesday that it has agreed definitively to merge with Chicago-based Archipelago Exchange (ArcaEx) and form a new publicly traded, for-profit company known as NYSE Group. This announcement was followed two days later by NASDAQ®, which independently announced a definitive agreement to purchase Instinet Group.

Archipelago and Instinet are innovative e-trading (electronic trading) companies, and formerly were the two largest American rivals to NYSE and NASDAQ, in recent years taking increasingly large portions of their market share. The Securities and Exchange Commission (SEC) and other regulatory agencies still have to review and approve the transactions, particularly with respect to US securities law and antitrust law, in order to ensure that the marketplace remains lawful and competitive.

Other pending issues for NASDAQ include obtaining the approval of Instinet shareholders, as well as customary closing conditions. NYSE must obtain the approval of its members and Archipelago shareholders.

These changes, a reaction to increased e-trading competition and a changed regulatory environment, will result in NASDAQ and NYSE trading each other’s shares and attempting to grab market share, which many hope will drive down transaction costs and ultimately benefit consumers. However, at least one commentator, Dan Ackman writing in Forbes, has noted that the trading commission at the NYSE currently averages less than a nickel (US$0.05) per share, and was less enthusiastic about potential efficiency gains from electronic trading at the exchange.

The transactions are also intended to make the two leading American stock exchanges more globally competitive with such exchanges as the London Stock Exchange, the Frankfurt Stock Exchange, the Toronto Stock Exchange, and the Australian Stock Exchange located in Sydney.

Tuesday, January 24, 2006

January’s second Interview of the Month was with Danny O’Brien of the Electronic Frontier Foundation (EFF) on 23 January in IRC.

The EFF is coming off a series of high-profile successes in their campaigns to educate the public, press, and policy makers regarding online rights in a digital world, and defending those rights in the legislature and the courtroom. Their settlement with Sony/BMG, the amazingly confused MGM v Grokster decision by the Supreme Court of the United States, and the disturbing cases surrounding Diebold have earned the advocacy organization considerable attention.

When asked if the EFF would be interested in a live interview in IRC by Wikinews, the answer was a nearly immediate yes, but just a little after Ricardo Lobo. With two such interesting interview candidates agreeing so quickly, it was hard to say no to either so schedules were juggled to have both. By chance, the timing worked out to have the EFF interview the day before the U.S. Senate schedule hearings concerning the Broadcast flag rule of the FCC, a form of digital rights management which the recording and movie industries have been lobbying hard for – and the EFF has been lobbying hard to prevent.

Wednesday, October 4, 2006

The US Army Corps of Engineers decision to place restrictions on issuance of nationwide pollution permits has been upheld by a federal court. In National Association of Home Builders v. Army Corps of Engineers, the District Court for the District of Columbia found that the Corps of Engineers had not acted in an “arbitrary” or “capricious” manner in changing the terms and conditions for issuance of a national pollution permit, including reducing the size of area into which pollutants may be discharged from 10 acres to 1 acre, raising the threshold for requiring additional permits from 1 acre to 1/10 acre,

A nationwide permit allows an organization to engage in certain industrial activities on a national basis (such as mining and construction), reducing the amount of paperwork and filings needed for otherwise minor environmental impacts, as opposed to an ordinary permit for a specific location which will engage in activities which generate water pollution.

Due to concerns over the amount of discharge taking place in waterways, the Corps of Engineers began in the 1980s to reduce the authority granted by nationwide permits and to bar use of the permits in certain ecologically sensitive areas.

Some industry groups, including the plaintiff in the above case, The National Association of Home Builders, sued the Corps of Engineers in 2000 over the change in an attempt to block its implementation. Environmental groups, including the Sierra Club, were given permission to intervene in the case in support of the actions of the Corps.

Environmental groups were pleased with the decision, but are concerned over other actions of the Bush Administration, such as the attempts to weaken provisions of the 2002 Clean Water Act to allow additional dumping of construction and mining waste into waterways as fill material.

Thursday, November 1, 2007

London’s Metropolitan police force has been found guilty of endangering the public during an anti-terrorism operation that lead to the death of an innocent Brazilian man in July of 2005.

The British jury at Old Bailey convicted the police force of violating the Health & Safety legislation because the operation was deemed an excessive threat to the public. They also stressed that no individual culpability should be placed on Cressida Dick, the officer in charge of the operation. The police force was fined £175,000 and ordered to pay £385,000 for legal expenses.

“This was very much an isolated breach brought about by quite extraordinary circumstances,” said Justice Henriques. “One person died and many others were placed in potential danger.”

Sir Ian Blair, the Commissioner of Police of the Metropolis, was at Old Bailey to hear the verdict. He said he plans to “continue leading the Metropolitan police.” Len Duvall, chair of the Metropolitan Police Authority, said it “fully supported” Blair. A spokesperson for Gordon Brown said that Blair continues to have the confidence of the Prime Minister of the United Kingdom.

However, Asad Rehman, a spokesperson for the victim’s family, called for Blair’s resignation. “Whilst it was a difficult day, that does not mean that procedure and the Metropolitan Police did not fail,” he said.

Electrician Jean Charles de Menezes died in the Stockwell Tube Station after being shot in the head by police officers seven times. They mistook him for another man, Hamdi Adus Isaac (aka Osman Hussain), who failed in the July 21, 2005 attack on the London underground one day before.

Monday, November 21, 2016

UK Prime Minister Theresa May and opposition leader Jeremy Corbyn both spoke at the annual Confederation of British Industry conference today, talking about Britain after its planned ‘Brexit’ from the European Union, and future plans for business.

May formally announced plans to cut corporation tax from 20%, without giving details, in order to discourage businesses from leaving the UK post-Brexit. Corbyn said in his speech he believes investment by the government on things such as infrastructure improvements is shared ground between Labour and businesses but “businesses will need to contribute” meaning “some increase in corporation tax” under his administration.

Theresa May also toned down plans to put ordinary workers on corporate boards, a campaign promise from running to become leader of the ruling Conservative Party. She said she is working to create a “model that works for everyone” after consulting firms and the general public, with possible plans including panels or advisory committees. The General Secretary of the Trades Union Congress responded by saying “Theresa May made a clear promise to have workers represented on company boards […] This is not the way to show that you want to govern for ordinary working people.” Jeremy Corbyn also criticised this announcement saying “we need to see genuine employee representation at board level, which the prime minister promised, but I see is already backing away from.”

Theresa May also announced she wishes to spend £2Bn annually in research and development, as well as plans to start a small business research initiative to look into helping innovators get ahead. Jeremy Corbyn however said he plans to spend 3% of the UK’s GDP on R&D, significantly more than specified by May.

Jeremy Corbyn’s plans for the UK’s economy focussed on investment. Speaking at the conference he said “First and foremost, a Labour government will prioritise investing in our economy.” As well as the investment in research, Corbyn also promised funds for areas including house building and infrastructure. This would be controlled by the proposed “National Investment Bank”. Corbyn said “Our National Investment Bank will deliver long term strategic investment in our under-powered infrastructure and provide the patient finance that our businesses need across the country.”

May told the conference she would not give “a running commentary on every twist and turn” of the Brexit negotiations. This comes after allegation in the press that she she has no plan to keep under wraps, a claim that has been backed up by an alleged leaked internal government memo that talks about a “lack of overall negotiation strategy” within government.

Sunday, January 10, 2010

Chinese officials have said that their country’s exports surged last December to edge out Germany as the world’s biggest exporter.

The official Xinhua news agency reported today that figures from the General Administration for Customs showed that exports jumped 17.7% in December from a year earlier. Over the whole of 2009 total Chinese exports reached US$1.2 trillion, above Germany’s forecast $1.17 trillion.

Huang Guohua, a statistics official with the customs administration, said the December exports rebound was an important turning point for China’s export sector. He commented that the jump was an indication that exporters have emerged from their downslide.

“We can say that China’s export enterprises have completely emerged from their all-time low in exports,” he said.

However, although China overtook Germany in exports, China’s total foreign trade — both exports and imports — fell 13.9% last year.