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US unemployment rate reaches 9.4 percent

Friday, June 5, 2009

Data from the United States Labor Department says that the unemployment rate in the U.S. has reached its highest level in over 25 years, namely 9.4%.

The job loss rate, however, was only 345,000, which is the lowest monthly job loss rate since September of last year. Analysts had predicted that the loss could be as high as 525,000.

The news suggests that the US economy may be improving, as the job loss rate, which peaked at 741,000 jobs this January, has started to ease.

“Even as we see things start to stabilize and hopefully grow again, we do know that unemployment tends to lag, and so that the unemployment rate is going to be high and probably stay high for a while, precisely because that is sort of the normal pattern as we come out of recession,” said an economic adviser for the White House, Christina Romer.

Since the recession officially started in December 2007, the economy has shed over six million jobs, with 14.5 million residents now unemployed.

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World AIDS Day events held around the globe

Sunday, December 2, 2007

The 20th annual World AIDS Day was December 1, 2007. The theme selected by the World AIDS Campaign is “Stop AIDS: Keep the Promise” as it will be through 2010. The day was marked by thousands of events around the world.

“It is now time for bold leadership at all levels in order to turn the tide of HIV,” said Felicita Hikuam, Global Programmes Manager, World AIDS Campaign. An estimated 33.2 million people around the world—one in every 200—are living with HIV, and approximately 6,800 people are infected with HIV and 5,700 people die of AIDS-related illnesses every day.

“The trend is encouraging but still for every person receiving treatment four others are newly infected,” said Nelson Mandela, speaking at a concert in Johannesburg, South Africa. “If we are to stop the Aids epidemic from expanding, we need to break the cycle of new HIV infections. All of us working together with government, communities and civil society can make the difference that is needed,” he continued.

As many as 50,000 people attended the concert in Johannesburg, South Africa, which was telecast around the world. It was organized by Nelson Mandela’s 46664 AIDS campaign and featured performances by artists such as Peter Gabriel, Ludacris, Razorlight, the Goo Goo Dolls and Annie Lennox.

At a fundraiser in the town of Midrand, in the province Gauteng, near Johannesburg on Friday, singer Annie Lennox had strong words for the South African government’s AIDS policies.

“AIDS, as Madiba [Mandela] has said, is a human rights issue and should be treated as such in order to avoid this genocide that is affecting millions and millions of people around the world,” said Lennox in a speech. Lennox has previously been critical of the South African government’s position on suggesting some AIDS medications were toxic. “It is unacceptable that treatment has not been made available to those who need it most,” said Lennox.

The rock band Queen, which lost its lead singer Freddie Mercury to AIDS, released a new song entitled, Say It’s Not True, to coincide with World Aids Day. It has been made available as a free download from the band’s website. “By making the song available for free, we hope to help Nelson Mandela with his campaign to get across the message that no-one is safe from infection,” said Queen drummer Roger Taylor. “We have to be aware, we have to protect ourselves and those we love.”

In China, people distributed AIDS prevention brochures in the streets and promoted safe sex in cities like Beijing and Shanghai. In Changsha, official warning signs were put on hotel bedstands. The government announced on Friday an allocation of CNY860 million for AIDS prevention and control. According to official reports, there are estimated to be 700,000 people living with HIV/AIDS in China.

Also in China, the Miss World 2007 was in Sanya on World AIDS Day. The pageant presented a special tribute to the fight against AIDS, with a televised speech from former South African President Nelson Mandela, along with traditional dancers from South Africa who joined the contestants in a special song.

Friday, United States President George W. Bush urged the United States Congress to double the 2003 Emergency Plan for AIDS Relief to US$30 billion over the next five years. “Above all, we rededicate ourselves to a great purpose: We will turn the tide against HIV/AIDS—once and for all,” he said.

“I’m pleased to announce that Laura and I will travel to sub-Sahara Africa early next year,” Bush said. Sub-Saharan Africa suffered nearly three-quarters of AIDS-related deaths during 2006 and is home to two-thirds of those living with HIV/AIDS.

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Unsecured Debt Consolidation Loans: The Perfect Debt Settlement Medium

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By Gilbert Imlay

If you are upset due to the ever-increasing number of debts and want to consolidate them at once, then there are some loan schemes that can help you in making it possible. Since a large number of people are struggling to pay off their due debts, banks, financial institutions and other money lending authorities are offering debt consolidation loans. Usually, people show a very careless attitude towards debt consolidation and leave their debts unpaid due to the unavailability of sufficient finance. If you are one of those people who are facing problems in settling their debts then, unsecured debt consolidation loans can help you in settling them at ease. There are n numbers of lenders and financial institutions in the market who offer one of the most delighting credit proposals, so that you may be able to settle up your previous loans. Since making a single monthly payment is less burdensome rather than paying to number of creditors, these loans consolidates all your loans by clustering them into one loan.

Unsecured debt consolidation loans do not demand any collateral against loan amount; therefore, you can apply for this loan without arranging any collateral. Basically, collateral is a backing for the loan, as it reduces the risk of default payment. Since these loans are not secured against home or property, the lender charges a high interest rate to compensate the risk. However, if in any case the borrower does not pay the loan amount, the lenders has the right to take legal action against the borrower. In some unfeasible cases, this legal action can lead to liquidation of property, as this is the only possible way to recover the loan amount. Despite of the fact that unsecured debt consolidation loans offer high interest rate and stiff repayment terms, most of the bad credit borrows are going for these loans.

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Obligation of collateral submission with secured loans makes them especially useless for people who do not possess any high valued property. Unsecured debt consolidation loans are also ideal for people, who do not want keep their homes as collateral. These loans can also be arranged with reasonable interest rate, provided the lender is reputable and reliable. If you do not have proper time to analyze the market trends and available loan offers then you can take help from a loan service provider.

Such loan service providers arrange for the most reasonable loan deals for you; in fact, they can extract the most suitable deal from the market place, as they have tie-ups with all renowned lenders. With the help of these firms, you will never have to worry about affordability of the loan, as representatives of these firms will negotiate with the creditor. Moreover, with them you can be free from the hassle of settling various debts, you just need to give a list of your due debts and adequate arrangement of debt settlement is made by them. Therefore, do not tolerate the burden of debts anymore and apply for unsecured debt consolidation loans with a reliable lender to get best benefits.

About the Author: Gilbert Imlay is a financial advisor with years of experience and specializations in Unsecured debt consolidation loans ,fast unsecured loans UK, unsecured personal loans for tenant. For more information visit: ukunsecuredloans.me.uk

Source: isnare.com

Permanent Link: isnare.com/?aid=221048&ca=Finances

U.S. warns of al Qaeda threat to stock trading and banking websites

Friday, December 1, 2006

The U.S. government warned private financial services that al Qaeda is planning a cyber attack on the U.S. stock and bank accounts, officials said on Thursday.

Homeland Security spokesman Russ Knocke says: “There is no information to corroborate this aspirational threat. As a routine matter and out of an abundance of caution, US-CERT issued the situational awareness report to industry stakeholders.”

The officials said that the attacks are aimed at destroying the databases of U.S. banking and stock market web sites. The Homeland Security group claims that the threat was for all of December.

A U.S. official said that the threat was posted on an website and called for the attack to avenge the imprisonment of Muslims in the Guantanamo detention camp.

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US reveals Nazi war criminal’s location was known two years before his capture

Wednesday, June 7, 2006

The 27,000-pages of documents released on Tuesday reveal that while the United States and West Germany knew the location of Nazi war criminal Adolf Eichmann two years before his capture, the fact was kept secret. The documents were declassified as part of the Nazi War Criminals Disclosure Act of 1998.

West German Intelligence informed the US in March 1958 of the whereabouts of the senior Gestapo officer, who was living under the alias “Clemens” in Argentina where he had arrived seven years earlier.

It was not US policy at the time to go after Nazi criminals since they were still recruited for Cold War operations.

“It now appears that West Germany could have captured him in 1958, if it wished to,” said University of Virginia historian Timothy Naftali. He also said that CIA helped West Germany at the time to suppress part of Eichmann’s diary – which was in the possession of Life magazine – that would have embarrassed West German national security adviser Hans Globke, himself a former Nazi.

Eichmann was captured by Israelis in 1960 in Argentina. He was tried in Jerusalem and received the death penalty.

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Wikinews interviews John Wolfe, Democratic Party presidential challenger to Barack Obama

Sunday, May 20, 2012

U.S. Democratic Party presidential candidate John Wolfe, Jr. of Tennessee took some time to answer a few questions from Wikinews reporter William S. Saturn.

Wolfe, an attorney based out of Chattanooga, announced his intentions last year to challenge President Barack Obama in the Democratic Party presidential primaries. So far, he has appeared on the primary ballots in New Hampshire, Missouri, and Louisiana. In Louisiana, he had his strongest showing, winning 12 percent overall with over 15 percent in some congressional districts, qualifying him for Democratic National Convention delegates. However, because certain paperwork had not been filed, the party stripped Wolfe of the delegates. Wolfe says he will sue the party to receive them.

Wolfe will compete for additional delegates at the May 22 Arkansas primary and the May 29 Texas primary. He is the only challenger to Obama in Arkansas, where a May 10 Hendrix College poll of Democrats shows him with 38 percent support, just short of the 45 percent for Obama. Such an outing would top the margin of Texas prison inmate Keith Russell Judd, who finished 18 percent behind Obama with 41 percent in the West Virginia Democratic primary; the strongest showing yet against the incumbent president. Despite these prospects, the Democratic Party of Arkansas has already announced that if Wolfe wins any delegates in their primary, again, due to paperwork, the delegates will not be awarded. Wolfe will appear on the Texas ballot alongside Obama, activist Bob Ely, and historian Darcy Richardson, who ended his campaign last month.

Wolfe has previously run for U.S. Congress as the Democratic Party’s nominee. On his campaign website, he cites the influence “of the Pentagon, Wall Street, and corporations” on the Obama administration as a reason for his challenge, believing these negatively affect “loyal Americans, taxpayers and small businesses.” Wolfe calls for the usage of anti-trust laws to break up large banks, higher taxes on Wall Street, the creation of an “alternative federal reserve” to assist community banks, and the implementation of a single-payer health care system.

With Wikinews, Wolfe discusses his campaign, the presidency of Barack Obama, corporations, energy, the federal budget, immigration, and the nuclear situation in Iran among other issues.

Contents

  • 1 Campaign
  • 2 Challenging the incumbent
  • 3 Policy
  • 4 Related news
  • 5 Sources
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UK Chancellor of the Exchequer makes 2005 Budget speech

Wednesday, March 16, 2005

The United Kingdom Chancellor of the Exchequer, the Right Honourable Gordon Brown PC MP, in a speech to the British House of Commons today presented his ninth Budget, what is very likely to be his last Budget before the next UK General Election. This opened the parliamentary debate on the 2005 Finance Bill, and was followed by responses from the opposition parties.

In a 48 minute long speech, the Chancellor presented a Budget of “tax cuts that are reasonable, spending that is affordable, and [economic] stability that is paramount”, that was “the prudent course for Britain”. There were few surprises that had not already been indicated in his 2004 pre-Budget report. The increase in the threshold on stamp duty was greater than that forecast by commentators, as was the amount of the Council Tax rebate to households with pensioners.

Contents

  • 1 The Budget in detail
    • 1.1 Duty
    • 1.2 Taxes
    • 1.3 Benefits
    • 1.4 Business
    • 1.5 Employment
    • 1.6 Savings
    • 1.7 Spending
    • 1.8 Memorials
  • 2 Responses from opposition parties
    • 2.1 Conservative
    • 2.2 Liberal Democrat
  • 3 Sources
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CanadaVOTES: NDP candidate Paul Arbour in Carleton—Mississippi Mills

Friday, October 10, 2008

In an attempt to speak with as many candidates as possible during the 2008 Canadian federal election, Wikinews has talked via email with Paul Arbour. Arbour is a candidate in Ontario’s Carleton—Mississippi Mills riding, running under the New Democratic Party (NDP) banner.

The riding is currently represented by Gordon O’Connor, a Conservative. The Minister of National Revenue, O’Connor is up against the NDP’s Arbour, Liberal Justin Mackinnon, and Green Jake Cole. Previous MPs in the riding were Progressive Conservative, Liberal, and Canadian Alliance members. A riding since 1988, Carleton—Mississippi Mills is in the Capital region.

The following is an interview with Arbour, conducted via email. The interview has had very limited editing, to eliminate in-text mentions of website addresses, but is otherwise left exactly as sent to Wikinews.

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Chinese premier Wen Jiabao visits Shakespeare’s birthplace

Monday, June 27, 2011

Chinese premier Wen Jiabao paid a visit to the birthplace of English playwright and poet William Shakespeare on Sunday. The visit to Stratford-upon-Avon was included in his three-day tour of various industries in Britain. The UK is one of China’s biggest trading partners, second only to the EU.

[Stratford-upon-Avon] has produced a figure who belongs not only to the UK but to the world. A great man who belongs not just to his era but to entire history.

The 68-year-old Wen, reportedly a fan of Shakespeare, was met upon his arrival at Stratford-upon-Avon by dozens of flag-waving individuals from the UK’s Chinese community. He visited Shakespeare’s birthplace, which is now a museum and then attended a scene from Shakespeare’s “Hamlet”, his favourite play, while sitting in the “sun-drenched” garden. He toured the collection of treasures at the town’s Shakespeare Birthplace Trust. On his tour at the Trust, lasting half an hour longer than planned, he looked through a 17th-century folio of Shakespeare’s famous plays. Trust director Diana Owen, who talked with Wen during his informal tour, said Wen described Shakespeare as “the greatest writer of all time.”

Wen told Sky News that his love of Shakespeare began as a child.

“The local people here have every reason to take pride that this place has produced a figure who belongs not only to the UK but to the world,” Mr Wen said to Sky News. “A great man who belongs not just to his era but to entire history.”

The Chinese leader’s arrival in England came days after the announcement of activist and dissident sculptor Ai Weiwei’s release by Beijing last Wednesday, after a global call for his release. The announcement, made before Wen’s meeting today with British Prime Minister David Cameron, was likely discussed along with the issue of China’s record on human rights and trade deals. There were several protesters outside Downing Street, who held a banner that read “Cameron and Wen: human rights before trade”.

The goal of the visit, part of a three-nation tour of Europe, is the strengthening of economic ties between the two countries. China is increasingly outsourcing its own manufacturing to less costly labour markets and wants to increase its investments in established European brands. Today, China and Britain announced contracts worth over one billion pounds.

I am hoping that a billion Chinese might see some pictures on their TV of their premier coming and visiting the birthplace of Shakespeare, and thinking: ‘Well, I’d like to go there as well.’

British Culture Secretary Jeremy Hunt, whose wife is Chinese, was hopeful that Wen’s visit would have a positive effect on the country’s tourism industry. He told Sky News, “I am hoping that a billion Chinese might see some pictures on their TV of their premier coming and visiting the birthplace of Shakespeare, and thinking: ‘Well, I’d like to go there as well.’ ” Hunt noted that 150,000 Chinese visit the UK yearly and thinks that is “the tip of the iceberg”.

Hunt stressed that Wen’s visit is not only about jobs. It is also about developing broader cultural ties “which is the best possible way to make sure we understand each other and avoid the kind of misunderstanding that so can bedevil relationships, as has happened in the past,” he told the BBC.

The Chinese are interested in British happenings. About 30 million Chinese watched the recent Royal wedding.

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