Ghana buries late President Mills

Friday, August 10, 2012

After two days of mourning, the West African nation Ghana is giving its late president John Atta Mills a state and military burial today at Geese Park, a bird sanctuary near the seat of government, Osu Castle, along the Atlantic Ocean.

His mortal remains, which were moved from the Banquet Hall in Accra, currently lie in a Ghana flag-draped casket at Ghana’s Independence Square (Black Star Square). The burial ceremony is ongoing as thousands have gathered to bid him farewell.

Eighteen heads of state; President of the ECOWAS Commission, Kadre Quedraogo; and Hillary Clinton, US Secretary of State are among the dignitaries present for the ceremony.

The Chief Officiating Minister of the ceremony the Most Reverend Professor Emmanuel Asante, in an interview with Radio Ghana earlier, has congratulated Ghanaians for uniting to mourn the dead leader.

Mills was 68.

Saturday, October 22, 2016

The California Department of Justice on Wednesday released the warrant and affidavit of a criminal investigation of the Wells Fargo bank. The State of California served the warrant on October 5 to search the San Francisco headquarters of Wells Fargo for felonious activities related to identity theft.

The warrant said property to be seized at the bank’s San Francisco headquarters was related to the unauthorized creation of accounts by Wells Fargo employees including the names of individuals for the accounts; account information and fees; the names of employees and their managers who created accounts without the consent of the Wells Fargo customers in question; and all communications including emails referencing the unauthorised accounts.

California Attorney General Kamala Harris’s criminal probe is part of an increasing list of officials nationwide questioning the business practices of Wells Fargo such as California State Treasurer John Chiang who announced a one-year suspension of State investment with the bank on September 28; Illinois State Treasurer Mike Frerichs followed suit with a year-long ban on October 3; and Democratic United States Senators Bob Menendez of New Jersey, Jeff Merkley of Oregon, and Elizabeth Warren of Massachusetts, who wrote to the U.S. Security Exchanges Commission (SEC) suggesting investigation on September 29.

Tuesday, August 29, 2006

Assuming the role of Rene Oswin, spokesperson for United States Department of Housing and Urban Development (HUD) in New Orleans, Louisiana, a member of The Yes Men gave a satirical 15-minute speech claiming that HUD had reversed its decision to demolish four serviceable public housing complexes — a controversial action, suspected by many former residents and the NAACP as a policy intended to drive out poor black families. The media coordinator for the Survivors Village, Annie Chen, applauded Oswin.

Alternatively, Oswin proposed for Wal-Mart “to withdraw from areas near low-income New Orleans neighborhoods and to help nurture local businesses to replace them,” “partnership with health departments and the CDC” to “insure there is at least one well-equipped public health clinic for every public housing development,” and “that Exxon and Shell have agreed to finance the rebuilding of the protective wetlands from part of their 60 billion dollars in profits this year.”

From Washington, D.C., HUD spokeswoman Donna White confirmed the speech as a hoax and that no one named Rene Oswin works for the department. She said, “I’m like, who the heck is that?”

Friday, June 27, 2008

Newspaper The Guardian reports today that the sale of the BBC subsidiary BBC Resources Ltd., has cost £3.4m in consultancy fees — over £1m more than the £2.3m trading profit the commercial division is estimated to have made for the last financial year. Details of the failed privatisation were released by the BBC following a freedom of information request, and prior to publication of its annual report on July 8.

Fourteen months after advisers were appointed to try to sell BBC Resources Ltd., only one of the three main business units has been sold — its Outside Broadcast division to Satellite Information Services Limited (SIS), for an estimated £20m. On March 7, 2008 it was also announced that the studios operation would remain in BBC ownership and in early June, the fate of the third business was put on hold with the BBC stating that “like Studios, Post Production will remain within BBC Resources, which will continue to operate as a wholly-owned commercial subsidiary of the BBC.”

BBC Resources Ltd. made an operating profit of £6.1m for 2005-06, down from £7.4m the year before, with the BBC accounting for 83.3% of its turnover, down from 87.4% for 2004-05. Last year’s published figure for 2006-07 was £5.2 million — with BBC business at 80% of turnover.

BECTU Assistant General Secretary Luke Crawley is quoted as saying: “It’s fairly outrageous that around half the profit of the company [announced last year] has been spent trying to sell it. It’s an inordinate amount of money. The BBC was promised big returns if it sold BBC Resources but it’s only managed to sell outside broadcasts and we do not know how much it made out of that. We think the £3.4m is a poor investment.”

Monday, November 3, 2008

Sunday, a fire rushed through seven businesses at the Whitestone Shopping Center in Whitestone, Queens, New York, near the Cross Island Parkway in New York City.

The fire started at around 1:00 AM EST (UTC-5) on November 2, 2008 in a diner known as Lollipops. According to local sources, Lollipops was a popular restaurant in the area. The fire spread through the stores, up an awning and continued all the way to a corner of the shopping center. In the end, seven businesses were destroyed, including two banks, two restaurants and a GNC Nutrition Center. It took dozens of firefighters to put out the large blaze.

According to WCBS-TV, with his diner Lollipops destroyed, the owner was too upset to comment.

Nearby Chinese restaurant, King’s Chef, was also damaged. “I cannot open because of whatever rules – tomorrow’s Monday, Tuesday is a holiday,” the owner, Patrick Chan, told WCBS-TV. “If I cannot get them to come tomorrow, I am going to lose big time.”

Nearby residents reacted to the situation. Several residents have reported that it is a major loss to the community as they considered Lollipops to be a landmark. Several residents have reported knowing members of either the victim stores or others in the strip mall.

State Senator Frank Padavan commented on the loss of the shopping center.

“This is a calamity for many of these small businesses to be out of business, particularly in this economy,” he said.

The next day, investigators were boarding up the windows of the damaged stores. No one was hurt because all the stores were closed at the time of the blaze.

Thursday, November 7, 2019

On Monday, Hungarian daily newspaper Magyar Nemzet revealed a deal whereby, on October 29, Hungarian state-owned enterprise HDT Védelmi Ipari Kft. (HDT Limited) acquired Austrian mortar and shell manufacturer Hirtenberger Defence Group. Hirtenberger Defence Group also acknowledged the deal.

In the deal, Austrian, United Kingdom and New Zealand production sites are to be kept, with market sales expected to cover for the price in the long run. A government-guaranteed loan covered the costs, but the exact figure was kept secret.

The November 4 issue of Magyar Nemzet published an interview with Gáspár Maróth, the Hungarian Government commissioner responsible for defence, defence industries and coordinating defence modernization, in which the deal was announced. On the same day, the Hirtenberger Defence Group issued a corresponding press release.

While not naming any other bidders, Maróth said the Hungarian bid won after lengthy negotiations, out of mulitple competing offers. He said he expects no political turmoil between the neighboring Austria and Hungary over the sale. He also noted the acquisition fits into the Hungarian “outward investment” ^{((hu))Hungarian language: ?t?kekihelyezési} strategy of Prime Minister Viktor Orbán.

The Austrian partner asked for the price to be kept secret, but the commissioner stated the purchase was financed by a loan, so it is not a burden on the state budget. With government resolution No. 1430/2019, the state issued an indemnity bond to cover for HDT’s 38.8 million euro loan, and daily Népszava covered the story with a headline pointing out that amount as the presumed price. The creditor Hungarian Development Bank is state-owned as well. Already-queued orders won’t leave idle capacity for some years, Maróth said, and paying back this loan seems realistic; unnamed industry experts called this dubious to Népszava, as the market is saturated and margins are thin, while noting this kind of equipment is needed by the Defence Forces.

The company structure remains unchanged and all sites continue to operate, but Hungarian engineers are to join the research and development team. Maróth pointed out it would have been much more costly and time-consuming to research mortar technology than to acquire it this way. He noted, “the army modernization does not just cover buying ‘hardware’ but technology transfer as well.” ^{((hu))Hungarian language: ?a hader? modernizációja a „vas” megvétele mellett a tudástranszferre is kiterjed.}

Népszava noted the purchase appeared to circumvent the Ministry of Defence. HDT Limited was registered on August 6, 2019 and is under the aegis of Hungarian National Asset Management, Inc.

To modernize its military, in 2018, Hungary licensed Czech firearm technology and started assembling firearms in Kiskunfélegyháza, then agreed with Airbus to open a helicopter parts factory as a joint venture in Gyula.

US President Trump has called for NATO members to increase military spending. According to a March 14, 2019 NATO press release, Hungary spent an estimated 1.15% of its GDP on military expenditures in 2018; NATO guidelines call for 2%. Maróth noted the military had been “effectively disarmed” ^{((hu))Hungarian language: ?gyakorlatilag lefegyverzett} by 2010, when Viktor Orbán regained the prime ministry of Hungary for his second term. Hungary launched a military development program dubbed “Zrínyi 2026” in 2017 to address structural and financial challenges faced by the Defence Force and to renew its equipment.

Sunday, November 6, 2005

Authorities are looking for USD$75,000 in frozen bull semen stolen Sunday from liquid nitrogen tanks at a farm in Frederick County, Maryland. Eric Fleming, the owner, says the semen took 4 to 5 years to collect from 40 to 50 bulls. He had planned to sell the semen at an upcoming Denver cattle show.

The collection and storage of semen can be a very profitable business—the ease of transportation reduces the costs normally associated with insemination, namely the transport of bull and cow to one another. Collection can be tricky, however, as bulls do not always produce as expected and the process is not particularly easy.

“I will give a nice fat reward for any information on semen that was stolen from my tank today,” Fleming posted to a livestock breeder’s message board. “It was a mother load of semen.”