Five construction workers shot dead in Afghanistan

Friday, March 5, 2010

According to reports from officials, four Pakistani and one Afghan road construction workers were killed in Afghanistan yesterday by armed men.

The interior ministry reported that the attack happened on Thursday morning, in the Panjwayi district in the Kandahar province, and noted that one other Pakistani and Afghan labourer were injured. The workers were reportedly en route to a building site operated by the SAITA construction firm.

“They were going to work when this incident took place. We are arranging transportation of their bodies back to Pakistan,” commented Ajmal Farooqi, an executive with the company.

Police official Agha said that two gunmen motorcycle opened fire on the workers, conflicting with reports from the interior ministry, which says that there were three gunmen.

Agence France-Presse reports that this incident bears the hallmarks of the Taleban; however, Taleban spokesman Yousuf Ahmadi remarked that “[o]ur friends did not say anything about it, we don’t have information about the incident”.

Friday, March 18, 2011

A power line to the Fukushima I Nuclear Power Plant in Japan was completed Thursday, which will allow cooling systems at one of the facility’s reactors.

The new line, roughly one kilometer (0.6 miles) in length, connects the power grid to the power plant’s second reactor. It was completed at about 1730 local time (0830 UTC) on Thursday, and will be energized once spraying of seawater over reactor three is complete.

According to a Tokyo Electric Power Company spokesperson, once the power line is energized “we will be able to activate various electric pumps and pour water into reactors and pools for spent nuclear fuel,” thus cooling temperatures within the reactor.

The International Atomic Energy Agency has said that the stricken power plant is currently stable, though there is still the chance of matters growing worse. An official at the agency said that “it’s reasonably stable at the moment compared to yesterday.”

Friday, October 9, 2009

US Senate Majority Leader Harry Reid has said that the Senate Finance Committee will vote on a sweeping health care reform bill next Tuesday. US President Barack Obama has made clear that extending health insurance coverage to as many Americans as possible is his top domestic priority.

Republican lawmakers, however, are still overwhelmingly opposed to the bill, saying it is too expensive and would expand the role of government in people’s health care.

Obama and his fellow Democrats in the Senate received some good news late Wednesday from the non-partisan Congressional Budget Office, which put the total cost of the Senate Finance Committee’s health care bill at $829 billion over the next decade, below Obama’s stated goal of $900 billion. The budget watchdog organization also said the health care bill would help reduce the federal budget deficit over the next ten years.

Harry Reid said he believed health care reform was moving forward. “And so today we stand closer than ever to fulfilling that fundamental promise, one for which we have fought for more than 60 years,” he said.

Senate Minority Leader Mitch McConnell, however said that the cost estimate was “irrelevant”, because the final bill that will actually emerge from both houses of Congress is likely to look very different and cost a lot more. “What matters is that the final bill will cost about a trillion dollars, vastly expand the role of government in people’s health care decisions, increase premiums and limit choice,” McConnell said.

McConnell said Republicans favor a step by step approach to health care reform, focusing on prevention and wellness programs and dealing with the high costs of malpractice insurance doctors have to pay due to fears of excessive lawsuits.

Under the Finance Committee’s bill, US residents would be required to get health insurance or face a penalty, and insurance companies would face tough new regulations. For example, insurance companies could no longer reject coverage for people due to pre-existing conditions.

The Senate Finance Committee is likely to pass the bill, which will then have to be merged with one passed by the Senate health committee before it goes to the full Senate floor for debate.

Friday, February 3, 2006

An Australian Senate inquiry into the abortion pill “RU486” has started public hearings in Melbourne. A controversial conscience vote on the issue to overturn laws which prohibit Australian women’s access to the drug, will be held in Federal parliament on February 9.

The Senate committee is considering a bill to remove ministerial control of the abortifacient drug Mifepristone – or RU486. Health Minister Tony Abbott says the issue of whether to allow women access to the drug “is one of principle.” Abbott, who is against abortion, insists he is the right person to control the drug’s use in Australia.

Besides its use internationally as an “abortion pill”, there may also be a small chance that it may help treat various other medical disorders including prostate cancer, breast cancer, and inoperable brain tumours amongst other conditions. Mifepristone is effectively banned in Australia, with Minister Abbott controlling whether it is made available.

The bill, sponsored by a group of female senators and MPs, would hand Mr Abbott’s powers over to the Therapeutic Goods Administration (TGA) – the body that controls all other pharmaceutical drugs in Australia. The bill seeks to have the TGA determine the drug’s availability and not the Health Minister.

Democrats Leader Lyn Allison, said she was “cautiously confident” the parliament will overturn the current arrangements when the conscience vote takes place. “Those who are in favour of the bill are saying this is a choice that ought to be available to women and that on the basis of the studies that have been done overseas it is at least as safe as surgical termination,” Senator Allison said.

Reproductive Choice Australia (RCA)say that medicine is placed at the whim of politics, saying that over 80% of Australians are pro-choice. A national survey found 87% of women aged 18 to 49 support a woman’s right to choose.

RU486 is available in much of western Europe and North America, but was effectively banned in Australia under laws initiated by now-retired pro-life senator Brian Harradine.

Christine Read, medical director of family planning group FPA Health, said Misoprostol, also known as Cytotec, is across the world to invoke contractions to expel the fetus after a woman had taken RU486. “It is used extensively in obstetrics and gynaecology for termination of pregnancy and to induce labour, so it’s used in the medical management of miscarriage,” Dr Read said.

Dr Sharman Stone, said yesterday the issue was not about Misoprostol, but rather that “the TGA should make the decision about any drugs – that is its job. Any other conversations about other drugs are simply irrelevant to this argument,” Dr Stone said.

Family First senator Steve Fielding says lifting a ban on RU486 would pave the way for do-it-yourself home abortions. “RU486 is different to other drugs in that it is an abortion drug which could see do-it-yourself home abortions,” he said in a statement. “The question is, should policy be made by bureaucrats or our elected leaders?

Senator Fielding claims Australians are worried about the high number of abortions in Australia, as reflected in submissions received by the Senate committee.

On Monday the committee will move to Sydney for a final day of hearings.

Sunday, June 21, 2020

On Thursday, UK-based retailer Tesco and Denmark-based retailer Salling Group announced their agreement over selling a large portion of Tesco’s Polish operation to Salling Group. Tesco stated its intention to leave the Polish market altogether, Salling its intention to strengthen its Netto chain in Poland.

The deal covers 301 stores, two distribution centers and the head office. With the acquisition Salling said it seeks to improve its coverage in Southern Poland and, over 18 months at a cost of one billion z?otys, intends to merge these stores into its currently 386 strong Netto chain. Salling also takes over about 7000 employees from Tesco — Netto Poland currently has about 5000 employees. Tesco continues to run 19 stores, which were not included in this package.

The sale price, to be payed in cash, is 900 million z?otys (181 million pounds). In the 2019/20 fiscal year, Tesco said its Polish branch had a 24 million pounds operating loss with a 1368 million pounds turnover; to which the sold units contributed with a 947 million pounds turnover for a 107 million loss. At fiscal year-end, the sold units held a value of 681 million pounds in the books.

UOKiK, the Polish anti-monopoly agency, has to approve the deal. The parties said they expect a decision this year.

Tesco has suffered losses from its Polish operation for several years, as customer preference has shifted away from hypermarkets, Tesco’s preferred store size, to smaller discount stores like Biedronka and LIDL. The Sunday trade ban, introduced in 2018, also hurt sales. According to Notes from Poland (NFP), some discount stores resorted to offer postal services, a loophole which allows Sunday opening hours.

In 2015, Tesco centralized its management in the Central European region, comprising Czechia, Hungary, Poland, and Slovakia, but reverted the decision later on. At the time, the company invested in e-commerce and started home deliveries, but Gazeta Prawna reports only 0.5% of Polish grocery turnover comes from this segment, compared to 7% in the United Kingdom.

In the past few years, Tesco Polska has cut expenditures by streamlining its product range, halving its staff, shutting off home deliveries in parts of the country, and closing off stores, reportedly including last year its Poznan distribution center. Deutsche Welle (DW) reported in mid-2019, 62 Tesco outlets had closed within a year. Staff layoffs left meat, fish and delicatessen departments without designated shop assistants, and forced staff canteen closures and administration simplifications.

Tesco sold its roughly 2000 Thai and 74 Malaysian stores to Charoen Pokphand in March; announced leaving its joint venture with China Resources Holdings in February; and in 2015 sold its South Korean chain HomePlus. Speaking to Portfolio.hu, Matt Simister, Tesco’s CEO for Central Europe, explained that the company held a 4% share of the Polish retail market, compared to its 16% share in Hungary, and stated they want to stay in Hungary. In a DW report in March of last year, Dave Lewis, CEO of Tesco, stated they did not have intentions of leaving Thailand or Poland.

Tesco’s Polish operation, according to Gazeta Wyborcza in March, is too big for a single monolithic sale. The chain’s press release reported 22 sold units in the past year and a half, for around 200 million pounds. NFP named the Kaufland chain and property developer Echo Investment among the buyers.

Both Tesco and Salling entered the Polish market in 1995.

Wednesday, September 16, 2015

Fifty years after starting his first sandwich shop as a teenager, Subway CEO and co-founder Fred DeLuca died on Monday. He was 67 and suffering from cancer.

Subway yesterday announced his death, but not the location. He had developed leukaemia, which the company announced in 2013. The business was founded with friend Peter Buck who lent DeLuca $1,000 to open Pete’s Super Submarines in Bridgeport, Connecticut. The company remains based in the state.

By 1968 the business was renamed Subway and the two young entrepreneurs began looking at franchising as a method of expansion. It worked: With over 44,000 locations Subway is the world’s largest fast food franchise. The company has locations in 110 countries.

Subway brands itself as a healthy alternative on the fast food market. It has faced various controversies: ingredients, contracts with franchisees, and longtime advertiser Jared Fogle have all come under scrutiny. Fogle left the company this year after admitting underage sex and child pornography offences.

“I knew nothing about making sandwiches, nor the food industry,” DeLuca would later write of his 1965 startup. Growing up he lived in state-owned housing in The Bronx, New York City. Forbes estimated his 2015 wealth at around $3.5 billion.

Tuesday, April 6, 2010

US regulators intend to fine Toyota Motor Company $16.4 million over allegations that the company failed to notify government officials in “a timely way” about flaws in its vehicles that led to a major recall earlier this year.

The fine is the maximum penalty allowed under current US law, and would be the largest ever against an automaker, dwarfing a $1 million fine against General Motors in 2004. The U.S. Transportation Department is also considering the possibility of further fines if it was determined that the company had committed other violations of US law. The fine is the result of an investigation opened on February 16 into Toyota’s actions during the recall of 2.3 million vehicles in the US. Toyota now has a period of two weeks in which it can appeal the fine.

Current law requires an automaker to notify the US government within five days if it has determined that a safety issue exists in one of its vehicles. Internal Toyota documents obtained by the government showed that the company was aware of the issues in its cars as early as September 2009, well before it reported the problems to the US government in January.

US Transportation Secretary Ray LaHood said that the government has “proof that Toyota failed to live up to its legal obligations,” and that “they knowingly hid a dangerous defect for months from U.S. officials and did not take action to protect millions of drivers and their families.”

Toyota, in a statement posted on their website, said that “We have already taken a number of important steps to improve our communications with regulators and customers on safety-related matters as part of our strengthened overall commitment to quality assurance.” The statement added, “These include the appointment of a new Chief Quality Officer for North America and a greater role for the region in making safety-related decisions.”

Monday, July 17, 2006

The leaders of the Group of Eight (G8) nations met over the weekend in St. Petersburg in Russia for the 32nd G8 Summit, held under Russia’s presidency, to discuss the ongoing Israel-Lebanon crisis, the stalled world trade talks and other issues. They also met with other world leaders, the UN Secretary General Kofi Annan and World Trade Organisation chief Pascal Lamy.