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Thursday, March 5, 2009

US stock markets dropped to twelve-year lows on Thursday, amidst falling confidence in the financial sector and worries over whether the US automobile manufacturer General Motors will be able to keep operating.

The Dow Jones Industrial Average dropped by 4.08%, or 280.52 points, at the closing bell, reaching a level of 6595.32, a new 12-year low. The Nasdaq Composite lost 54.15 points, or 4%, to 1299.59, while the Standard & Poor’s 500 plunged by 30.27 points, or 4.25%, closing at 682.60.

Every stock in the Dow Jones, other than Wal-Mart, either lost ground or remained even, and all stocks in the S&P 500 index lost ground.

General Motors’ shares lost 15.5% after the auto firm announced that its auditors had “substantial doubt” over whether it would be able to keep operating.

Shares of financial companies were lower by nine percent, with Bank of America losing 11.7% and Citigroup falling by 9.7%.

“What’s most worrisome is that we haven’t hit the crescendo yet,” said Bill Groeneveld, the head trader for vFinance Investments. “Asset-management divisions are getting calls to just liquidate everything, and we haven’t seen the big players come back in at all.”

“This is one of the worst bear markets in the last 100 years; it started out with the credit crisis and the subprime [loans], but it is like a forest fire that has raced across the clearing and ignited other parts: Autos, auto parts, the insurance companies have been hit very hard. The credit crisis is causing an unraveling of industry after industry because the banks don’t lend,” said David Dreman, the chief investment officer of Dreman Value Management.

European markets were also lower today, with the London’s FTSE index losing 3.2% and the DAX index of Germany falling by five percent.

Wednesday, May 4, 2005

NASA‘s Mars Reconnaissance Orbiter (MRO), the latest robotic spacecraft destined for Mars, arrived at Kennedy Space Center‘s Shuttle Landing Facility on April 30 aboard a C-17 cargo plane and was delivered to the Payload Hazardous Servicing Facility to begin processing. Launching is scheduled for August 10, 2005.

With a mission time line through 2010, the MRO will conduct studies of the Martian atmosphere, surface and subsurface in far greater detail than previous missions. Possible landing sites for future Mars landings will be evaluated and the orbiter will also act as a high-data-rate communications relay for surface missions.

“Great work by a talented team has brought Mars Reconnaissance Orbiter to this milestone in our progress toward a successful mission,” said Jim Graf of NASA’s Jet Propulsion Laboratory (JPL) project manager for the mission.

Multiple mechanical assembly operations and electrical tests are scheduled to verify the craft’s readiness for launch. A May test to verify communication abilities through NASA’s Deep Space Network will be conducted and in June deployment of the high gain communications antenna will be tested. A deployment test is also scheduled for the Orbiter’s large solar arrays.

The MRO will be filled with hydrazine fuel in July for its “Mars orbit insertion burn” which reduces the craft’s velocity and places it in orbit about the red planet. July 26 will see the Mars Reconnaissance Orbiter installed in an Atlas V rocket fairing for final assembly with the rocket on July 29.

After the scheduled launch, the MRO will spend seven months cruising to Mars and another six months aerobraking after orbital insertion. A variety of scientific instruments on board will be used to search for geological evidence of past seas, ancient shorelines.The craft was built near Denver by Lockheed Martin Space Systems which also supplies the Atlas V launch vehicle.

The Mars Reconnaissance Orbiter mission is managed by JPL, a division of the California Institute of Technology, Pasadena, for the NASA Science Mission Directorate, Washington. Lockheed Martin Space Systems is the prime contractor for the project. International Launch Services, a Lockheed Martin joint venture, and Lockheed Martin Space Systems are providing launch services for the mission.

More information about the Mars Reconnaissance Orbiter is available at: Mars Reconnaissance Orbiter website

Sunday, August 13, 2006

A power outage hit large parts of Tokyo, and Chiba, Japan. The electrical blackout occurred due to an industrial accident, in which a crane damaged some power lines accidentally at 7:40 AM local time (2240 UTC), the Kyodo News agency reported, quoting Tokyo Power Electric Co. Power was reported to have been restored to most areas within a few hours.

At least two elevators stopped with an unknown number of people trapped inside, said a fire official in Tokyo. Some train services were halted. The number of passengers was lower than normal due to a holiday. About 800,000 residences were affected by the blackout, according to the power company. Most services have since then been restored.

Tokyo Disneyland and Tokyo DisneySea delayed opening by an hour as many rides did not function due to the power problems.

Thursday, August 25, 2011

Japanese officials have admitted for the first time that certain radiation-stricken areas around the crippled Fukushima Daiichi nuclear power plant may remain uninhabitable for decades. Japanese media this week reported that embattled Prime Minister Naoto Kan is to visit affected areas within days to tell residents and local officials that it will remain too dangerous to return to parts of Fukushima Prefecture in the foreseeable future.

Chief Cabinet Secretary Yukio Edano said, “We cannot deny the possibility that there will be some areas where it will be hard for residents to return to their homes over a long period of time.”

The dangers of radiation exposure in certain areas are expected to remain unacceptably high well after the plant finally undergoes a cold shutdown in the coming months. A final decision on which areas are to be declared off-limits will be made following detailed radiation monitoring and the creation of a comprehensive decontamination plan. Japanese officials have so far declined to specifically name any areas likely to be affected.

Scientists have for months warned of such an eventuality following the meltdown of three reactors at the Fukushima site in March. The government, criticised for its management of evacuations in the wake of the disaster, had hoped to lift current evacuation orders for most areas around the plant. However, it cannot do so amidst dangerously elevated radiation readings, including in the town of Okuma, situated about three kilometres from the Fukushima site, where cumulative radiation levels are over 25 times higher than government-mandated limits.

Media reports have also focused on uncertainty surrounding compensation for the many thousands of residents affected by the ongoing evacuations. The government may possibly purchase or rent the properties of those who cannot return to their homes and businesses.

Although the plant operator, the Tokyo Electric Power Company, has recently claimed radiation leaks from all three reactors have declined, concern continues to mount over the true scale of contamination. Scientists have detected widespread contamination of topsoil on agricultural land, further jeopardising the future habitability of significant areas, and uncertainty remains as to the true extent of radioactivity in numerous areas.

“Caesium-137, the main radioactive element thrown out during the various explosions, has a half-life of 30 years, and it is not going to disappear overnight,” said Didier Champion, a French nuclear safety expert.

Saturday, September 12, 2009

On Friday, the Institute of Electrical and Electronics Engineers (IEEE) ratified the next generation of Wi-Fi Alliance certification known as 802.11n. The path to ratification began on September 11, 2003 with 11 major drafts of the specification over the course of six years. Even though just approved, wireless devices have been available on the the market for over two years, running on what is known as “draft n” or “pre-N”.

The 802.11n standard operates on both the 2.4Ghz and 5.0Ghz frequencies. This will allow it to be backwards compatible with 802.11a, 802.11b and 802.11g, provided that the base station has dual radios. The speeds of 802.11n are substantially faster than that of its predecessors with a maximum theoretical throughput of 600Mbit/s.

Very few additions were made to the 802.11n draft standard over the last two years, so most if not all “draft n” hardware available on the market today is expected to be compatible with n-standard devices available in the future. In a similar process of the upgrade from “pre-G” to 802.11g, it is expected that most manufacturers of wireless hardware will release new firmware to bring all draft devices up to full standard compliance.

Tuesday, September 26, 2006

Safia Ahmed-jan, the director of the Afghan Ministry of Women’s Affairs for the Khandahar province and an advocate of women’s rights and a strong critic of the Taliban‘s repression of those rights, was shot dead by unidentified gunmen outside her home in Khandahar city in southern Afghanistan on Monday.

Safia Ama-jan, as she was known locally, is the first woman official to be targeted by the Taliban-led insurgency since it was deposed in 2001.

Safia Ahmed-jan taught at a girls’ school and was a high-school principal in Khandahar prior to the Taliban’s 1996 rise to power in Afghanistan. When the Taliban regime banned education for girls and forbade women from working outside the home, she ran an underground school for girls at her home, said her son Naqibullah, speaking to the Associated Press.

After the Taliban government was overthrown in 2001, Ahmed-jan became the provincial chief for women’s affairs in 2002, when the ministry was established and has since then held that position, worked for women’s rights and particularly, championed the cause of educating girls. Her secretary, Abdullah Khan told Associated Press that among her most successful projects were the vocational training schools she opened in Khandahar, where almost 1000 women were taught baking, tailoring and other skills.

Ahmed-jan has also been fiercely critical of the repression of women during the Taliban rule, in a region that has remained conservative and emerged as a hotbed of the Taliban’s insurgent activity. Her requests for personal security guards and transport went unheeded by the government, according to local media reports, though her nephew, Muhammad Asif told the New York Times that Ahmed-jan preferred to keep a low profile and used a taxi or public transport even though her office maintained cars and drivers.

Ahmed-jan was shot dead outside her house at about 7:30 a.m. local time (UTC+4:30) on Monday, as she left for work in a taxi. The gunmen are believed to have left scene on a motorcycle, and tyre marks have been found by the police, said the provincial governor Asadullah Khaled, who visited the scene of the attack.

Ahmed-jan was shot four times with a pistol, Muhammad Haidar, who worked in her office told the New York Times. Mohammad Nader, the head nurse at Khandahar’s main hospital where Ahmed-jan was taken to, confirmed to the Chicago Tribune that she was shot four times, including once in the head.

She was about 65 years old.

Accounts of the shooting are sketchy, several reports suggesting no one witnessed it. However, one man, identified as Allaudin told Al Jazeera that he saw two men on motorcycles waiting on the road, who attacked Ahmed-jan as she left her house.

A spokesman for the Khandahar governor, Daud Ahmadi confirmed the death and said that Ahmed-jan had died on the spot. An investigation into the attack has begun, and local officials have blamed the Taliban.

Hundreds of men and women, including the Governor Asadullah Khaled were present at Ahmed-jan’s funeral on Monday evening, which took place in Khandahar’s main Shia mosque.

The killing has been strongly condemned by the Afghan President Hamid Karzai as well as aid and human rights organisations in Afghanistan.

Aleem Siddique, a spokesman for the United Nations Assistance Mission in Afghanistan (UNAMA), said that UNAMA was “appalled at the senseless murder” of a woman who was working to ensure a full and equal part in the future of Afghanistan for its women. He added, “We share the sentiment of the majority of Afghan people who are appalled at this killing.”

Abdul Quadar Noorzai, head of the Afghan Independent Human Rights Commission (AIHRC) for the Khandahar region told IRIN News that Ahmed-jan’s death will have a “serious impact on women’s activities in the south where women are already suffering from … the deteriorating security and conservative traditions,”.

Fariba Ahmedi, a woman MP from Khandahar who was present at Ahmed-jan’s funeral told the Associated Press, “The enemy of Afghanistan killed her, but they should know it will not derail women from the path we are on. We will continue on our way,”.

Sonja Bachmann, a U.N. political officer who knew Ahmed-jan well told the New York Times that Ahmed-jan “did a good job, she worked in a very low-key way and worked hard to raise awareness about women’s issues.”

Reuters and Associated Press received phone calls, claiming responsibility for the attacks on behalf of Mullah Sadullah, a regional Taliban commander, but no confirmation of the claim has been possible.

Another caller, who identified himself as Taliban commander Mullah Hayat Khan told Al Jazeera that Ahmed-jan was killed because she worked for the government.

The Taliban-led insurgency has stepped up attacks in recent months, killing hundreds of people this year.

Last week, 19 Afghans working for reconstruction projects in the region were killed after their bus was ambushed.The Governor of Paktia province, a close associate of President Karzai, was killed in a suicide bombing on September 10.

Attacks on schools have also been stepped up. According to the Afghan education ministry, there have been 158 attacks on schools this year, compared to 146 last year. The attacks on schools are believed to be due partly to the Taliban’s opposition to educating girls, as well as a way to undermine the Afghan government and it’s reconstruction efforts.

Twelve suspected militants and two Afghan police officers were reported killed on Monday in separate incidents which also left eight others and a U.S. soldier wounded.

“People are scared, of course,” Ahmad-jan’s co-worker Haidar said, “How can we feel secure when the head of our department is killed in front of her house?”