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Monday, July 11, 2011

China’s National Bureau of Statistics released data Saturday showing that the consumer price index (CPI) for June climbed 6.4% from a year ago. That compares with a 5.5% rise in May, which was the largest since a 6.3% increase in July 2008. The major factor contributing to this figure was the steep rise in food prices which climbed 14.4%. Pork is a major food staple in China, and its price rose 65% from last year.

Analysts predicted that China’s inflation would peak in June, but particularly worrisome was the steep rise in the cost of food from the same time last year and up from 11.7% in May, indicating that Beijing may have difficulty in controlling inflation.

China is the world’s second largest economy, having grown robustly in the last two years driven by a 2009 governmental stimulus package of $586 billion and low interest rates offered by state-owned banks. These were directed at promoting investments in real estate construction and government infrastructure projects, enabling China to lead the global recovery after the collapse of the U.S. mortgage market led to a worldwide recession.

Now Beijing is attempting to slow its fast pace of growth, fearful of inflation, by restricting bank lending and raising interest rates. High inflation along with high property values could hurt the economy. Since October, China’s Central Bank has raised interest rates five times.

Many factors are contributing to China’s inflation, including higher wages for migrant workers, increases in the prices of food and gasoline, as well as diminished output from crucial agricultural areas cause by droughts and flooding this spring.

Today, China’s Premier Wen Jiabao indicated that the war on inflation was continuing and controlling inflation was a top priority for the government, increasing expectations that interest rates would be further increased.

“We must treat stabilising overall price levels as the top priority of our macro-economic controls and keep the direction of macro-economic adjustments unchanged,” Wen said today in comments reported on the central government’s website. He had said in March that the ruling Communist Party is worried that a continuing rise in food prices could result in public protests.

Wen said the government would boost the supply of hogs to keep the price of pork stable, the price of pork being the major contributor to China’s food inflation index and the most closely watched item on it.

“If they signal any comfort with inflation, and inflation is as high as it is now, they could create an environment in which people would panic, and they can have a real problem on their hands,” said Tim Condon, Asian researcher at ING.

As markets worried about the news of Chinese inflation as well as concerns about the European debt crisis, oil dropped below US$95 a barrel today.

Thursday, November 8, 2007

What you are about to read is an American life as lived by renowned author Edmund White. His life has been a crossroads, the fulcrum of high-brow Classicism and low-brow Brett Easton Ellisism. It is not for the faint. He has been the toast of the literary elite in New York, London and Paris, befriending artistic luminaries such as Salman Rushdie and Sir Ian McKellen while writing about a family where he was jealous his sister was having sex with his father as he fought off his mother’s amorous pursuit.

The fact is, Edmund White exists. His life exists. To the casual reader, they may find it disquieting that someone like his father existed in 1950’s America and that White’s work is the progeny of his intimate effort to understand his own experience.

Wikinews reporter David Shankbone understood that an interview with Edmund White, who is professor of creative writing at Princeton University, who wrote the seminal biography of Jean Genet, and who no longer can keep track of how many sex partners he has encountered, meant nothing would be off limits. Nothing was. Late in the interview they were joined by his partner Michael Caroll, who discussed White’s enduring feud with influential writer and activist Larry Kramer.

Saturday, May 13, 2017

Despite the White House’s initial assertion that Federal Bureau of Investigation (FBI) Director James Comey was dismissed Tuesday over mishandling the Hillary Clinton email case, United States President Donald Trump on Thursday told NBC that “this Russia thing” was among his reasons, mentioning Comey’s repeated claims that he, Trump, was not being investigated. He also accused Comey of “showboating” and said “the FBI has been in turmoil.”

James Comey was leading an investigation into the Trump campaign’s alleged ties to Russia and possible Russian involvement in the 2016 US presidential election that placed Trump in power. The official reason given for his dismissal, overly harsh treatment of then-presidential candidate Hillary Clinton, was met with skepticism from politicians and the press.

President Trump also told NBC’s Lester Holt that, despite statements to the contrary by Vice President Pence and Sean Spicer, recommendations from deputy attorney general Rod Rosenstein did not have anything to do with his decision, which he made before receiving Rosenstein’s memo. “Regardless of recommendation I was going to fire Comey. Knowing, there was no good time to do it[…] And, in fact, when I decided to just do it, I said to myself, I said: ‘You know, this Russia thing with Trump and Russia is a made up story, it’s an excuse by the Democrats for having lost an election that they should’ve won.'” He went on to express regret that firing Comey might prolong the investigation and said Comey had told him that he, Trump, was not under investigation when asked.

Trump told NBC that he had asked Comey if he, Trump, were under investigation, to which Comey had replied in the negative. While it is not illegal under U.S. law for President Trump to ask if he is under investigation, former U.S. Department of Justice spokesperson Matthew Miller described it as “completely inappropriate” and pointed out that Comey would not be allowed to answer under Department rules.

Deputy White House Press Secretary Sarah Huckabee Sanders disagreed with Miller’s assessment. “I don’t see it as a conflict of interest and neither do many of the legal scholars who’ve been commenting on it over the last hour.” She did not elaborate on the reference to legal scholars.

While some sources have said Comey requested more resources for the Russia investigation only days before being fired, one of his associates told news outlets this was not true and the investigation had no shortage of resources.

In his interview with Holt, President Trump affirmed that his campaign had no connections to Russia.

Four candidates for Comey’s position were scheduled to be interviewed today: a lawyer named Alice Fisher, an appeals court judge named Michael Garcia, Senator John Cornyn of Texas, and Andrew McCabe, who is currently serving as acting director of the FBI. McCabe has promised to “vigorously and completely” continue the Russia investigation and to tell Congress if any pressure is brought to bear to stop it.

Friday, May 26, 2006

Rail services between Melbourne and Adelaide in Australia are expected to be disrupted until early next week following a fatal crash between a truck and freight train in Lismore, Victoria 170 Km (105 miles) South-West of Melbourne.

The B-Double truck hit the side of a 1,375 metre long freight train at a level crossing at 7:13 a.m. AEST on Thursday in heavy fog, derailing two locomotives and 44 goods wagons. Victorian police said that the truck had been wedged beneath the wreckage of the train.

The driver of the truck, thought to be a 34-year-old man from Wedderburn in Victoria’s North-West died in the crash. The train driver and an observer escaped uninjured. Police said it could take a number of days to retrieve the truck driver’s body. “It could possibly take days to retrieve the body” a Victorian police spokesperson said.

Great Southern Railways, which operates “The Overland” passenger train service between Melbourne and Adelaide said it expected rail services to be disrupted up until early next week. The company will transfer passengers to bus services or allow them to claim a full refund.

The crash will also disrupt freight services between Melbourne and Adelaide.

Local residents and the Victorian opposition are blaming the crash on the level crossing itself, which has no booms, lights or bells.

Rob Dennis, a local resident said the level crossing is the cause of the crash, as it is not fitted with boom gates or flashing lights.

“And it’s a blind turn for anything in a large vehicle,” he said.

Terry Mulder, the opposition’s transport spokesperson said the Bracks Government should have spent part of the $750 million allocated to fast rail projects to upgrading level crossings in Victoria.

“The State Labor Government has wasted $750 million on fast rail projects,” Mr Mulder said.

Mr Mulder said that Victoria has 2,274 level crossings, 1,468 which have no warning systems in place.

Monday, September 24, 2007

Doug Anderson is running for the Green Party of Ontario in the Ontario provincial election, in the Whitby-Oshawa riding. Wikinews’ Nick Moreau interviewed him regarding his values, his experience, and his campaign.

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.

Wednesday, May 23, 2007

A 19-year-old male student, who is now identified as Mark David Uhl, of Liberty University in Lynchburg, Virginia, was arrested after authorities were notified from a family member that he had packed his car trunk with home made bombs, and was planning to attend funeral services of the late Reverend Jerry Falwell who passed away on Tuesday last week.

A family member called police at approximately 11:00 p.m. [local time] on Monday evening saying that Uhl “mentioned some explosive devices he had made.”

The funeral services for Falwell were held at the Thomas Road Baptist Church, the first church Falwell founded, at age 22. It was attended by mourners numbering 6,000 in a chapel that exceeded its capacity to host all who came to attend. More room was made for a people who attended the funeral at the university’s basketball arena and football stadium.

Police do not believe that Uhl was going to target the funeral directly. Instead they believe he was going to target protesters of Falwell who were going to attend the funeral. The group is known as the Kansas-based Westboro Baptist Church and believed that Falwell befriended homosexuals, despite the fact that Falwell was against homosexuality.

“I do not believe it was their intent to disrupt the funeral service. We do not believe the Falwells were ever in any danger,” said Terry Gaddy, the Sheriff for Campbell County, Virginia who also said the bombs looked like “napalm” and were about “the size of soda cans.” Gaddy also said there were at least five bombs. Maj. Steve Hutcherson, who is also affiliated with the Campbell County Sheriff said “what appeared to be about six explosive devices” were found and that the “canisters were filled with liquid.”

Several students from the high school Uhl attended, who are believed to have helped make the bombs, are also being questioned by authorities. They are all believed to have been in the same Reserve Officer Training Corps class at Liberty University.

Saturday, January 6, 2007

An avalanche on U.S. Route 40, which was 100 feet wide and 15 feet deep, has buried many cars, caused other cars to be pushed over the edge of an expressway, and injured eight people, just outside of Denver, Colorado. The avalanche started at 10:30 AM, starting about 12 miles off Interstate 70, and taking three different paths down the mountain before coming to a stop.

“Our crews said it was the largest they have ever seen. It took three paths,” said a spokeswoman for the Colorado Department of Transportation, Stacey Stegman.

All eight (7 adults, 1 minor) have been taken to the St. Anthony Central Hospital in Denver. According to a hospital spokeswoman, all of the victims suffered minor injuries. Seven patients were released on Saturday. There were no casualties.

U.S. route 40 is currently closed to traffic. According to Winter Park spokesman Matt Sugar, there are no plans to close the ski hills. “We’ve gotten calls from all over the country asking if the resort is closed,” he said, “and the answer is no.”

This is the third snow storm to hit the Denver area in three weeks.

Wednesday, January 18, 2006

The New Zealand Prime Minister Helen Clark will be attending Waitangi Day commemorations on February 6th; however she will not visit the lower Te Tii Marae, which has been a focal point for protest in recent years.

Her office has said that she would be doing a walkabout on the Treaty Grounds before attending a reception hosted by the Governor General that night.

The Prime Minister hopes her attendance will be trouble free.

The Leader of the Opposition Dr Don Brash is also to attend the attend a reception hosted by the Governor General and the Dawn Service. In 2004 Brash was showered with mud at the entrance of the lower Te Tii Marae.

Although this is New Zealand’s national day, the commemoration has often been the focus of protest by Maori activists, and is often marred by controversy.

This year co-ordinators will allow all media to attend the Waitangi Day commemorations. In 2003 and 2004 all Non-Maori media were banned from the Marae.