Thursday, March 17, 2005

A letter and motion to be debated by Italian Parliament this week calls for action to address speculative bubbles and potential future financial crashes in the global economy. The motion asks for a global summit similar to the 1944 Bretton Woods United Nations Monetary and Financial Conference, which gave us the IMF and World Bank.

The letter raises questions about the sustainability of current financial trends, based on the highly speculative nature of today’s markets. For example, according to the letter, “It is estimated that the entire financial bubble, counting all financial derivatives and all other forms of existing debt, is equal to about $400 trillion, compared to a worldwide GDP of slightly more than $40 trillion”.

Last years collapse of Italian dairy company Parmalat, with “14.3 billion euros that must still be accounted for”, is given as evidence for “a lack of effective tools and controls regarding financial operations”. Enron, which famously collapsed in November 2001 revealing faudulent accounting practices from previously respected accounting firm Arthur Andersen, is given as another example.

Oddly, the largest collapse on record, that of WorldCom, is not mentioned, though the set of examples is not purported to be exhaustive. A number of other crashes are mentioned: the LTCM fund, Argentine bonds, Cirio, and Finmatica.

The motion, linked to supporters of the Lyndon LaRouche movement, is signed by Parliamentarians Lettieri, Soro, Delbono, Tolotti, Widmann, Villani Miglietta, Rosato, Albertini, Morgando, Diana, Luigi Pepe, Damiani, Ostillio, De Brasi, Maccanico, Carbonella, Paola Mariani, Grandi, Pistone, Giovanni Bianchi, Giacco, Benvenuto, Piscitello, Camo, Realacci, Squeglia, Rocchi, Iannuzzi, Intini, Meduri, Santino Adamo Loddo, Boccia, Villari, Chianale, Siniscalchi, Sandi, Cusumano, Cennamo, Annunziata, Rotundo, Bonito, Buemi, Pennacchi, Fanfani, Tarantino, Rodeghiero, Angioni, Detomas, and Nesi.

Debate was scheduled for March 14-18.

Friday, December 14, 2007

Reggie Bibbs is a 43-year-old-man living in Houston, Texas. Mr Bibbs was born with a genetic disease called neurofibromatosis (NF), which causes him to develop tumors on his body (see infobox on the right). NF can be a subtle disease, but in Bibbs’ case it has left him with a disfigured face and deformed leg. But he is happy with the way he looks, and doesn’t want to change his appearance to please other people. He has launched a successful campaign entitled “Just Ask”, and that’s just what Wikinews did in a video-interview.

The interview was prepared by Wikinews reporter Michaël Laurent with the help of Bertalan Meskó (who has a popular genetics and web 2.0 blog). Their questions were sent to a close friend of Mr. Bibbs, Lou Congelio, who kindly conducted the interview.

Sunday, April 6, 2008

Convicted cult leader and murderer Charles Manson has released his album One Mind under a free content license. The album was already released on April 7, 2005, but now it has become available under the Creative Commons Attribution Non-Commercial Share-Alike 2.0 License. This means that anyone can remix and share the album for non-commercial purposes, as long as they give proper credit and use the same license.

The website Family Jams (Manson’s record label), which offers hard-copies of the CD, says that “ONE MIND is pure Charlie, no additions, no corrections, no added opinions, filters or editing… consisting of songs, trance-poetry, conversations, raps, ramblings, musings and more.” The cover-art is a painting by Manson, liner notes include excerpts from his letters, and, as the sites mentions, song titles and interludes are by friends or editors.

The disc has 16 tracks, totalling almost 76 minutes of Manson’s work. The CD can be bought on the Family Jams site for $15.00 in the U.S. and Canada, and for $17.50 in other countries. Because of the new license, the tracks can be legally downloaded, and samples can be used for derived works.

Manson was part of the Los Angeles music scene before his conviction as leader of the Manson Family commune. He was close to Beach Boy Dennis Wilson —Manson wrote the song ‘Never Learn Not to Love‘ for the Beach Boys.

In 1970, Manson released the album Lie: The Love & Terror Cult to finance his trial. The Manson Family also released The Family Jams, with songs written by Manson. Manson has released several albums since.

Groups such as Nine Inch Nails have previously released some of their work under a free license.

In a related story, Lindsay Lohan will play Nancy Pitman in an upcoming movie called Manson Girls. Lohan has previously revealed that she was fascinated by Manson during her “dark period” before she sought help for drug and alcohol addiction in 2007: “Yeah, I have a dark side. I watched all those videos on Charles Manson for a while.” Lohan also stars in the movie Chapter 27 about John Lennon‘s assassination.

Wednesday, May 26, 2010

A Cirrus SR-20 aircraft crashed into an office building in Markham, a town near Toronto, at 12:30 p.m. local time yesterday. Both people on board were killed.

The aircraft, which crashed into the roof of the two-storey building at Woodbine and Hooper streets, was engulfed in flames. Witnesses say that it looked as if the pilot was trying to find somewhere to land and that the aircraft was trailing smoke and rolled before it crashed.

First reports state that the pilot and passenger were killed on impact, and the 14 employees at Thinkway Toys manufacturing all escaped the two-storey building and explosions from the crash.

The crash site is near Buttonville airport where many amateur and flight training flights occur.

Monday, October 1, 2007

Kate Holloway is running for the Ontario Liberal Party in the Ontario provincial election, in the Trinity-Spadina riding. Wikinews’ Nick Moreau interviewed her regarding her values, her experience, and her 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.

Thursday, February 24, 2011

Two individuals are in custody after eleven secondary school students were injured in a firearms incident near a school Auchinleck Academy, in East Ayrshire, Scotland, yesterday afternoon. Police have said they are carrying out “extensive enquiries” into the incident, which reportedly involved an air gun or BB gun.

One pupil said he was walking near the school during the lunch hour and “saw two people behind a hedge.” There was a sound “like a small explosion,” he said. “I wasn’t really frightened at first but I’m quite shaken now as I know what damage has been done.”

Strathclyde Police said officers were attending an incident near the secondary school, which has approximately 950 students. Chief Superintendent John Thompson, who is leading the police inquiry into the incident, confirmed two people, aged 15 and 18, were detained in the area of the incident, in which eleven youths were injured.

“Subsequent inquiries directed us towards a house in Auchinleck where we have detained an 18-year-old male and a 15-year-old male,” Thompson said. “Both of those individuals are being interviewed at present and our inquiries are ongoing.” He appealed for people in the area of the incident to contact police.

East Ayrshire council stated “[t]he school responded immediately, informing the police and parents of the children involved, and sought appropriate medical attention”, and added officials were supporting pupils. Auchinleck Academy has not replied to a request for a comment from Wikinews.

Saturday, July 17, 2010

A car bomb that exploded at about 20:00 MDT Thursday (01:00 Friday UTC) in a violent area of Ciudad Juárez, Mexico killed several people and injured more.

Police spokesman Jacinto Seguro said Friday that Mexican federal police received a call that an officer was dead. Seguro went on to say, “When they went to check the car, there was a dead body in there, dressed up like a police officer, but it wasn’t one of ours. They put him in a civilian car but dressed him up in a municipal police uniform. That’s when the bomb went off. It’s like an act of terrorism.”

Federal police spokesman Ramon Salinas said the blast killed two officers, a paramedic, and one civilian, although Mayor Jose Reyes said that only three died. At least six others were injured, although reports have said the total injured may be as high as sixteen. Four remain in the hospital, including three paramedics and one civilian.

Mexican authorities say it was a car bomb, but counter-terrorism experts are still unsure as to what caused the vehicle to explode. Intelligence expert Fred Burton said, “For this to be an improvised grenade attack, in some capacity, it doesn’t surprise me.”

The Juárez Cartel, one of the two drug-traffickers in the area, claimed responsibility for the bombing in a graffiti message. “We have more car bombs,” the graffiti said.

Ciudad Juárez has a history for trafficking drugs to the United States, especially into Texas.

Before the explosion, the police arrested a suspected leader of the Juarez cartel, Jesus Armando Acosta Guerrero.

This year more than 7,000 people have died as a result of drug-related violence in Mexico since this year began. Attorney General Arturo Chavez on Friday said nearly 25,000 people have died in the last three and a half year period.