leskovarlm.com

Monday, July 2, 2007

A wildfire in the Ashley National Forest has been blamed for three deaths and has led to the evacuation of about 500 residents of the communities of Whiterocks, Farm Creek, Paradise and Tridell in eastern Utah.

The fire broke out on Friday, June 29 at around 9:00 a.m. local time in Duschene county, north of Neola by state route 121, and proceeded to spread westward into Uintah county.

To date, the cause of the wildfire is unknown. An early report by public safety officials claimed it was caused by a faulty power line or transformer. However, a later announcement by Moon Lake Electric Association CEO Grant Earl disputed this.

By Saturday morning, the fire had spread across approximately 46 square miles of land and been blamed for three fatalities: George Houston, his son Tracy Houston, and Roger Roberson, all from Farm Creek. Eleven year old Duane Houston, George’s grandson, was able to escape the fire with only minor injuries.

The communities of Whiterocks, Farm Creek, Paradise and Tridell, consisting of approximately 500 local residents, were evacuated by Sunday, and at least five homes are known to have been destroyed. Those without family or friends to provide lodging have been relocated to the Ute Indian Tribe’s auditorium in Fort Duchesne and Union High School in Roosevelt.

The Federal Emergency Management Agency became involved in the management of fire fighting efforts on Sunday, and a specialized regional wildland fire team, the Rocky Mountain Type One Management Team, had begun to converge on the Uinta Basin to assist with the firefighting, along with about 100 members of the Utah National Guard.

Reports that same day claimed the fire was 5% contained, but that it had split into at least two separate smaller fires. Authorities declared their intention to prevent the fire from moving eastwards into Dry Fork Canyon and the town of Tridell.

Wednesday, March 20, 2013

The British Chancellor of the Exchequer George Osborne delivered the budget today, an annually-held audit of the country’s finances deciding how taxpayers’ money should be spent. He set out plans to boost the housing market in his fourth budget, as well as stating the economy will grow by 0.6% — half his prediction four months ago.

George Osborne revealed plans to improve the housing market, including a “Help to Buy” shared equity scheme which would offer buyers who can place a 5% deposit on a new house, a 20% loan to buy it. He said: “This is a budget for those who aspire to own their own home”. He also offered a new Mortgage Guarantee, created in conjunction with mortgage lenders — the scheme would allow them to offer loans to homeowners without the need for a large deposit and offer guarantees to support up to £130bn of lending for three years beginning in 2014.

As a measure to attract investment to the British economy, he announced to reduce corporation tax from 21% to 20% taking effect from April 2015. The rate of corporation tax has fallen from 28% in 2010 to the current level of 21%. The United Kingdom is to have lower rates of corporation tax than the USA at 40%, France at 33%, and Germany at 29%.

The Office for Budget Responsibility (OBR) stated the government debt reduction programme to reduce the budget deficit will miss its targets. The government has forecast the total public sector debt will begin to fall by the financial year 2015/2016, while OBR says national debt will reach a high of 85.6% of GDP, £1.58 trillion, in 2016/17. Osborne defended the government efforts to reduce the deficit and said: “Our judgement has since been supported by the IMF, the OECD and the Governor of the Bank of England.”

In response to the Budget speech, the Leader of the Opposition Ed Miliband said: “At the worst possible time for the country. It’s a downgraded budget from a downgraded Chancellor […] Debt is higher in every year of this Parliament than he forecast at the last Budget. He is going to borrow £200 billion more than he planned.”

The Shadow Chancellor of the Exchequer Ed Balls said to The Independent, “They are borrowing £245bn more in this Parliament, we said all along …said this two years ago, if they had moved more quickly with a sensible, targeted package of measures to kick-start the economy, which would have meant at that time more borrowing for a VAT [Value Added Tax] cut to bring forward housing investment, then we would have got the economy growing and the deficit coming down.”

The Business Secretary Vince Cable told the BBC in an interview, the “age of austerity” would probably end within the current decade, but made no more definite forecast.

The head of the British Federation of Small Businesses, John Walker, said: “The Budget opens the door for small businesses to grow and create jobs. The Chancellor has pulled out all the stops with a wide ranging package of measures to support small business. […] [W]e are pleased to see the scrapping of the 3p fuel duty due in September”.

Len McCluskey, the General Secretary of Unite the Union, criticized the budget for not helping working families. He said: “This is a Budget for the few by the few that attacks the many. Millionaires are days away from getting a £40,000 tax cut from the Tories, but George Osborne is using the budget to attack hard-working public sector workers. The worst chancellor in British history has gone further by giving big business another tax cut while staff caring for the sick get pay cuts. […] [H]e should have raised the national minimum wage by £1 and drop the senseless plan to give millionaires a tax break in a few days’ time”.

Sunday, November 5, 2006

On November 5, 2006, King Abdullah II of Jordan met with 90 survivors of the Beslan school hostage crisis during their week long vacation in Jordan, organised at the King’s expense.

The King watched the students perform traditional dances and reviewed artworks that they had created celebrating the theme of cross-cultural communication and understanding. The event took place at the King’s Academy, in Madaba, Jordan.

Thursday, February 15, 2007

The year 2007 marks the meeting of the major representatives of the watch and jewelry industry at BaselWorld Show, Basel, Switzerland. The Show will take place in the period of April 12 – 19, 2007. The international event is to attract over 2000 companies from 45 countries and about 90,000 visitors.

At present day the luxury goods business holds quite strong positions in the world industry and is still developing at high rates due to appropriate economic climate. Thus, BaselWorld is perceived by watch and jewelry producers and their partners as favorable new grounds for their further development.

BaselWorld is organized annually by MCH Swiss Exhibition (Basel) Ltd with a purpose to provide new business opportunities for the participants who are expected to exhibit their latest products in the exhibition area of about 160,000 m2. Visitors come to BaselWorld to keep aware of the current trends of watch and jewelry making, while retailers and wholesalers discover new partners and strengthen their links with well-established ones.

The exhibition is divided into product sectors presented in the six exhibition halls, among them there are the Hall of Universe and the Hall of Elements. This year the management of the Show has taken care of updating and redecorating the design of the halls.

All the participants of the event will be able to expand their business contacts beyond the fair in the BaselWorld Village located nearby. The ‘village’ comprises special facilities for partners to discuss their matters in informal atmosphere.

Thursday, July 15, 2010

On Thursday, the United States Senate approved the financial overhaul package in a 60-39 vote. The bill is now awaiting President Barack Obama’s signature.

Obama is expected to sign the legislation into law next week, and the focus now switches to how the new regulations will be implemented in the coming weeks and months. The legislation will give financial regulators significant discretion in shaping the rules.

The legislation also puts faith in regulators to spot developing problems in the financial system, and gives them the authority to act to attempt to prevent another financial crisis. The bill calls for banks to hold more money in their reserves to prepare for bad economic situations, but the details of how this will be done are also up to regulators.

Tuesday, April 5, 2005Terry Vo, the 10-year old Australian boy who had two hands and a foot reattached by surgeons after losing them in an accident, has had to have the foot re-amputated. He will be given a prosthetic foot in its place.

The operation to re-attach three limbs was thought to have been a first – but was ultimately unsuccessful, with the foot having died inside, and receiving insufficient blood supply following the surgery to reattach it.

“That would lead to the small muscles in the foot actually constricting, the toes bending over and a deformed …. foot that is sort of clawed over and doesn’t have good sensation,” said plastic surgeon, Mr Robert Love today, on Australia’s ABC Radio.

“Even if you can get all of that to survive, he [would be] worse off than having had an amputation.”

“What is very disappointing is that for the first two days after [the operation] the foot looked absolutely magnificent,” he said.

Terry’s hands were healing well, said the surgeon. The prosthetic foot would allow him to walk normally, since his knee was intact.

Thursday, September 21, 2017

On Monday night, New Jersey, US-based toy retail giant Toys R Us filed for bankruptcy in the US as well as in Canada. The retailer filed it from Richmond, Virginia for Chapter 11 bankruptcy code in the US, and a judge allowed a loan of over US$2 billion.

According to the filing, the retail chain owns US$6.6 billion in assets, but has a debt of US$7.9 billion. They were under a roughly US$5 billion debt since the company underwent a three-way acquisition in 2005. Kohlberg Kravis Roberts, Bain Capital, and Vornado Realty Trust acquired Toys R Us for around US$7 to US$7.5 billion. After the US judge approved a loan, Toys R Us received about US$3 billion from the lenders to continue the business and survive a competitive market, and restructure their business model. E-commerce giant Amazon.com, Walmart and Target are some of the competitors for the conventional ‘brick and mortar’ toy shop, with lower priced-merchandise and fast, cheap delivery. In a conference call in June, CEO Dave Brandon said “very, very aggressive pricing online” was causing problems. He also said the company was experiencing “significant weakness in demand for their products globally”. Toys R Us are to clear a debt of US$400 million by May 2018.

Toys R Us said they would continue to operate for the holiday season. Bankruptcy lawyer Jeff Gleit said Toys R Us “need to do both a financial restructuring as well as an operational restructuring” and “needs to modernize with the times”. Last holiday season, Toys R Us made sales around US$4.5 billion. Overall, the company reported a US$29 million loss in 2016. CEO Brandon said, “Our objective is to work with our debt holders and other creditors to restructure the US$5 billion of long-term debt on our balance sheet, which will provide us with greater financial flexibility to invest in our business”.

Toys R Us employs more than 60 thousand people in 38 countries around the world in more than 1600 stores. The company’s stocks fell by six percent after filing for Chapter 11 protection. US bankruptcy code Chapter 11 allows the company to restructure under a plan approved by the court. The company would also be shielded from creditors’ claims during the process. For the stores located in Canada, Toys R Us filed bankruptcy in Ontario and are to undergo reorganisation. However, 259 stores located outside the US or Canada will not undergo reorganisation, the company said.

Over 300 US-based retailers have filed for bankruptcy this year, and hundreds of stores closed.

Tuesday, October 2, 2007

Dan McCreary is running for the Progressive Conservative in the Ontario provincial election, in the Brant 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.

Tuesday, July 29, 2008

As gas prices have risen in the United States, the regional transport authority for southeastern Pennsylvania, SEPTA, has seen a sharp increase in ridership, which has caused overcrowding on the trains.

“As fuel prices have continued to rise, SEPTA ridership has steadily increased and is the highest in 18 years,” said SEPTA General Manager Joseph Casey. Monthly ridership was 22 percent higher last month than a year ago.

“They have crushed loads on their rail lines, already where people are standing, and there’s not enough seats,” said Rich Bickel, the director of the Delaware Valley Regional Planning Commission.

“At peak times some railcars are standing room only and commuter parking lots are nearly full. All Regional Rail lines are running near full capacity and the train station parking lots are at about 90 percent capacity or more,” SEPTA spokesperson Felipe Suarez said.

While SEPTA awaits new Silverliner V trains from Hyundai Rotem, which begin arriving in 2009, it had hoped to lease eight rail cars from New Jersey Transit, at an agreed-upon rate of US$10,000 per month. However, due to problems with insurance and liability indemnification, the deal fell through, according to Casey.

SEPTA has entered a new agreement to purchase the eight rail cars from NJ Transit. The transit authority will pay US$670,000 for the cars and assorted supplies plus one additional inoperative car which will be used for spare parts. The rail cars will be operated using a SEPTA provided locomotive as they are not self-propelled.

The cars are being disposed of by NJ Transit because it has switched from single-floor cars to double-decker cars.

SEPTA is expecting to raise US$3.1 million by selling rail that has been out of service since 1981 at auction.

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.