Friday, January 14, 2005

U.S. and Canada — North American movie box offices were dominated by Universal pictures last weekend as two of its films, a comedy, Meet the Fockers, and a horror flick, White Noise, together raked in a combined $52.6 million, more than half the $98.3 all films made over the Jan. 7 weekend, according to film tracking firm Box Office Mojo.

But Universal’s dominance of the North American box office receipts is in danger as 20th Century Fox, Paramount, Warner Brothers and Sony all have films debuting in wide release Friday.

After a two-week drought of new releases with Noise the only debut, the Jan. 14 weekend is relatively crowded as three new films bow and one Oscar-buzz movie expands into wide release.

• Elektra (PG-13) [1:37] Among the new entries is the Jennifer Garner star vehicle Elektra a semi-sequel to 2003’s comic-book based Daredevil where Garner reprise a role of anti-hero. Elektra bows in 3,204 theatres.

• Coach Carter (PG-13) [2:14]: Paramount pictures releases the 134-minute metaphor heavy Coach Carter, a production of MTV Pictures, featuring Samuel L. Jackson in an inspirational inner-city high school sports movie. Coach Carter will debut in 2,524 U.S. and Canadian movie houses.

• Racing Stripes (PG) [1:24]: Warner Bros. also enters the debut fray with its live-action talking animal family movie, Racing Stripes, featuring the voices from such a diverse cast as Snoop Dogg, Mandy Moore and Dustin Hoffman. Racing Stripes starts its run with 3,185 venues.

• House of Flying Daggers (PG-13) [1:59]: Sony Pictures Classics is expanding its wire fu Chinese war epic, House of Flying Daggers. The film has made it to several critics best-of-the-year lists and is considered a front runner for Academy Award nominations in several technical categories.

Monday, September 7, 2015

The US economy added 173,000 jobs in August, the Bureau of Labor Statistics reported on Friday. The unemployment rate fell from 5.3 to 5.1 percent, the lowest since April 2008.

Although August job gains were lower than most economists forecast, job growth numbers for June and July were revised upwards by a combined 44,000. Average job gains over the past three months stand at 221,000, compared to March-May’s 189,000 monthly average. Over the past twelve months, job growth has averaged 247,000 per month.

Average hourly earnings rose 0.3 percent, or 8 cents, marking the largest increase in earnings in seven months. Hourly earnings had risen by 6 cents in July. Wages have risen by 2.2 percent over the past year.

Job growth in August was primarily concentrated in the health care and social assistance, financial activities, and professional and business services sectors. Those three areas of the economy added a combined 108,000 jobs. Food service and drinking places employment increased by 26,000 over the month, and other economic sectors saw employment hold steady. Manufacturing, on the other hand, saw employment decline by 17,000 in August. A stronger dollar and worldwide economic weakness make US exports less desirable, leading to a flattening in manufacturing employment so far this year after steadily rising in the early years of the US economic recovery.

The solid overall job gains led analysts to slightly raise expectations for a decision by the Federal Reserve to raise interest rates this month. Investors raised the likelihood of a September rate increase from 26 percent before the jobs report to 30 percent, and stocks dropped by over one percent on Friday. “The payrolls data is certainly good enough to allow for a Fed rate hike in September,” said Deutsche Bank’s head of currency strategy, Alan Ruskin. “The big question is still whether financial market volatility will scupper the plans.”

“This is the first time the market has looked at a Fed meeting and really has no idea what the Fed is going to do,” said Mark Kepner, a New Jersey equity trader with Themis Trading. “Right now you’re looking at the overall uncertainty and that’s what’s hanging on the market. I don’t think this number in and of itself changes how somebody’s going to vote.”

Thursday, July 10, 2008

Over 1000 cases of illness have now been identified in a foodborne salmonellosis outbreak that began in mid-April 2008 in the United States.

As of July 8, the Centers for Disease Control and Prevention (CDC) has reported 1013 confirmed infections throughout the United States, along with four cases in Canada. 203 hospitalizations have been linked to the outbreak. It has caused at least one death, and it may have been a contributing factor in another. The pathogen responsible is the rare Saintpaul strain of Salmonella enterica.

Nearly half of the reported illnesses were in Texas and New Mexico. According to unnamed sources close to the investigation, most illness clusters in the outbreak involve Mexican restaurants. Illness clusters in the hard hit state of Illinois were publicly identified by local health departments as involving three Mexican restaurants.

The CDC is in the process of investigating the outbreak and trying to identify the contamination’s point of origin. The U.S. Food and Drug Administration (FDA) currently suspects that the contaminated food product is an ingredient in fresh salsa, such as fresh jalapeño pepper, fresh serrano pepper, fresh cilantro, or certain types of raw tomato.

Some produce industry insiders doubt that fresh produce is to blame for the outbreak. They point to the absence of Salmonella on all of the tested produce samples to date, as well as divergent results from produce tracebacks. They also say that the extended time frame of new sicknesses makes it unlikely that either raw tomatoes or fresh jalapeños, the government’s two main suspects, could be responsible. Will Steele, President and CEO of Frontera Produce, said that “the outbreak is probably related to processed goods and they’re looking in the wrong closets.”

Steele’s Texas based company has been forced to hold shipments of fresh jalapeño peppers after loads of produce were repeatedly flagged by the FDA for testing. Although independent testing of both loads showed no sign of Salmonella, the peppers are still on hold until the FDA finishes its own testing of the second load flagged on July 1st. “There are still no results,” Steele says. “The salability of that produce in two to three days is gone. We ceased harvesting. There is no sense in bringing in more product and having it rot.”

Steele, like others in the produce industry, believes that the FDA should be focusing on processed produce instead of fresh produce. “Methodology is backward,” he says. “FDA is reaching for answers. You can’t tie jalapeño pepper shipped on June 30 back to April 10.”

Still, the FDA and the CDC consider testing of fresh jalapeños and other fresh produce a high priority. The CDC writes that “the accumulated data from all investigations indicate that jalapeño peppers caused some illnesses.”

The FDA is cautioning that people who would be in the most danger if infected with Salmonella (infants, the elderly, and those with compromised immune systems) should avoid eating the suspected types of produce listed on their website.

Sunday, October 5, 2008

Independent U.S. presidential candidate Ralph Nader had harsh words for the Democrats who engineered yesterday’s passage of the Emergency Economic Stabilization Act of 2008, a bailout of the U.S. financial system. At a campaign stop in Waterbury, Connecticut on Saturday, Nader said that Democrats passed up a chance to enact re-regulation of the financial system and instead gave Wall Street everything it wanted.

According to Nader, Senator Chris Dodd (D-CT), Representative Barney Frank (D-MA), and other Democrats considered but rejected measures such as a tax on transactions of derivatives (a “speculation tax”) because of their financial ties to Wall Street and its lobbyists. He said that Representative Chris Murphy (D-CT), who represents Waterbury, had “become a toady” of Nancy Pelosi. He drew enthusiastic applause by calling Murphy “a dynamic fraud”, and referred to Senator Joe Lieberman as “the Hermaphrodite of American Politics”. For Murphy and Representative Chris Shays (R-CT), Nader said, supporting the bailout despite the opposition of constituents was a “profile in betrayal”. Because there were no public hearings where taxpayers and experts could weigh in on the bailout, Nader characterized it as a return to “taxation without representation“—under “King George IV” 225 years after the 13 colonies were taxed under King George III.

Asked about causes of the financial crisis, Nader pointed to the deregulation of the financial sector with the 1999 Glass-Steagall Act and further deregulation in 2000, as well as the rise of overly complex financial derivatives. He outlined a four-part reform plan:

1. Re-regulation of financial markets
2. Increasing shareholder control of corporations
3. Taxpayer equity as part of any bailout, as in the 1979 bailout of Chrysler Corporation
4. Making speculators pay by enacting a 0.1% tax on derivatives transactions (which Nader said will amount to over $500 trillion this year)

Regarding the equity warrants included in the passed bailout, Nader relayed word from an unnamed source that Treasury Secretary Henry Paulson had told Wall Street executives “don’t worry, it’s not enforceable”.

Nader told reporters that he had abandoned the Green Party because “Greens are not disciplined, and they’re not mature”, and also lack the fund-raising capabilities to break into mainstream political discussions. “They bicker and bicker,” he said, pushing out their best people. However, he endorsed several local Green Party candidates, including Chris Murphy’s opponent Harold Burbank.

The virtual media blackout for third party campaigns by national newspapers and networks has been a source of continual frustration for the Nader campaign, as well as the campaigns of Libertarian Bob Barr and Green Cynthia McKinney and the post-campaign activities of Republican Ron Paul. According to Nader, reporters tell him that editors of national media are “very bigoted against third party and independent candidacies”. Even journalists for taxpayer-supported media, such as National Public Radio‘s Terry Gross and the Public Broadcasting Service‘s Jim Lehrer, have shut him out during this campaign. Debates, he lamented, are controlled by corporate interests through the Commission on Presidential Debates.

Nader spoke to a supportive crowd of about 60 people and his campaign raised over $2000 at the event, their third visit to Waterbury. The event took place in the former building of a closed-down bank.

Saturday, February 27, 2010

At 06:34 UTC today, an 8.8 magnitude earthquake hit Chile, triggering a tsunami in the Pacific Ocean. The tsunami has already hit the French Polynesia islands, with waves reaching two metres (six feet) high damaging to the coast. In Fiji Japanese officials expect waves 2.3 metres (7.5 feet high). Australia and New Zealand are expected to receive waves of one metre (three feet) which are expected to hit within 24 hours of the earthquake.

The Pacific Tsunami Warning Center reported that there may be “widespread damage” from the waves, saying that “authorities should take appropriate action in response to this threat.”

In a special report, Wikinews looks at how different parts of the world have been affected by the disaster.

Hawaii is expecting to receive waves reaching 2.5 meters (8 feet) high. A warning went into effect at 6AM local time – 5 hours before the expected arrival of the Tsunami; Hawaiian Governor Linda Lingle declared a state of emergency. At present, there are confirmed reports from the Pacific Tsunami Warning Center of waves hitting the islands’ eastern coasts.

Additionally, the western coast of the United States – extending from California to portions of Alaska – is under a tsunami advisory.

The civil defence spokesman for the Hawaiian island of Oahu, John Cummings, encouraged people to “get off the shoreline. We are closing all the beaches and telling people to drive out of the area.”

The tsunami hit the Gambier archipelago at approximately 6:30 am local time. The Marquesas islands were hit about an hour later. Reports from the islands indicate that there was no significant damage or casualties yet. The islands followed the tsunami alert plans put in place following the major 2004 Indian Ocean tsunami.

In a statement, the New Zealand Ministry of Civil Defence and Emergency Management commented, “[the] current assessment is for a non-destructive tsunami for New Zealand with wave heights at the shore of between 0.2 and one metre [three feet]. The first wave may arrive later and may not be the largest. Waves may continue for several hours.”

The centre, which also confirmed the initial Chile earthquake, also added that “sea-level readings confirm that a tsunami has been generated which could cause widespread damage. “Authorities should take appropriate action in response to this threat.”

The government noted that the waves were not predicted to have destructive force. According to the Australian Broadcasting Corporation, the first waves would not hit the country’s shores until fifteen hours after the initial quake.

“Stay away from the beaches. Don’t go out on the water and if you are already out on the water up anchor and head to deeper water at least half a mile off shore,” warned Coastguard Northern Region duty officer John Cowan.

Meanwhile, the Marsden Point oil refinery, the only refinery in New Zealand, put all of its operations on hold as they were waiting for further information about the strength of the expected tsunami, according to production controller Ted Rye.

“We’ve just had a report from a trader fishing boat out at the Hen and Chick islands, about 10 kilometres off the coast, and they have noticed quite a significant surge,” he remarked.

New Zealand Civil Defence Minister John Carter also appealed for residents to heed officials’ warnings and stay away from shorelines throughout the day.

The east coast of Australia was placed under a tsunami alert; the impact expected in Sydney from 8:45am local time, Sunday there, and along other parts of the New South Wales coast. Areas in Tasmania potentially affected by the quake would be under tsunami alert until 7:45am local time.

“Boats in harbors, estuaries or shallow coastal water should return to shore. Secure your boat and move away from the waterfront. Vessels already at sea should stay offshore in deep water until further advised,” read a warning by the Joint Australian Tsunami Warning Center. “[…] Tsunami waves are more powerful than the same size beach waves, with the first wave not always the largest.”

The centre noted that among the areas with a “potential tsunami threat” include New South Wales state, Queensland state, Lord Howe Island and Norfolk Island. However, it also added that the bays and harbours of Sydney would not likely be affected by waves.

Wednesday, February 7, 2018

At 3:45 p.m. Tuesday, Eastern Time (2045 UTC), the SpaceX Falcon Heavy rocket launched from Kennedy Space Center in Florida, United States. Its cargo: a US$100,000 Tesla sportscar, the personal property of SpaceX CEO Elon Musk, which he hopes will soon be in its own orbit around the Sun. This is the most powerful rocket since the Saturn V of Project Apollo was retired in 1970. The rocket is meant to follow a course called a Hohmann transfer orbit.

“It’ll be a really huge downer if it blows up,” Musk told the press the day before the launch, but went on to say, “If something goes wrong, hopefully it goes wrong far into the mission so we at least learn as much as possible along the way. I would consider it a win if it just clears the pad and doesn’t blow the pad to smithereens. That’s four million pounds of TNT equivalent so there’s probably not going to be much left if that thing lets loose on the pad.” The car was equipped with a fully space-suited dummy, cameras to monitor its trip into space, a copy of Douglas Adams’ Hitchhiker’s Guide to the Galaxy, and a radio blasting Space Oddity by David Bowie.

The Falcon Heavy has a total of 27 engines and stands 230 feet (70.1 m) tall. According to SpaceX, the Falcon Heavy uses three boosters, the same kind as the company’s smaller cargo rockets. After the rocket exited the Earth’s atmosphere, two of these boosters detached from the main body of the rocket and, in a first for space technology, were successfully guided back down to the landing pad about ten minutes after launch. The third was to have landed on a drone ship, but missed by around 100 yards (about 90 meters) and hit the ocean “at around 200 miles per hour,” according to Musk. The reusability of the boosters makes an enormous difference in the cost of the launch.

Even the relatively heavy-hauling U.S. Space Shuttle program, which was closed in 2013, did not rely on rockets as powerful as those used in Project Apollo, the program in which NASA, the U.S. Government space agency, sent manned missions to the Moon in the 1960’s and 70’s. Most recent space projects have focused on smaller, lighter machinery, such as Scaled Composites’ SpaceShipOne in 2004, which reached space after being carried part of the way by a carrier jet instead of launching from the ground. As of last week, the most powerful rocket in use was the Delta IV, operated by the United Space Alliance. It costs about US$435 million per launch, while SpaceX says the Falcon Heavy will cost US$90 million per launch.

NASA is also working on a heavy-duty rocket, the Space Launch System, but there have been delays.

Sunday, February 18, 2018

On Thursday, Phil Scott of Vermont became the fourth governor in the United States to sign an executive order requiring all companies providing Internet access to state agencies to abide by net neutrality for all customers in his state. He said he did this because Vermonters rely on Internet access without blocking, throttling and paid prioritization, threatened by the December 14 decision of the US Federal Communications Commission (FCC) in the matter of “Restoring Internet freedom”. The first state governor to challenge the FCC in this way was Steve Bulllock of Montana, who did so on January 22. Andrew Cuomo of New York followed two days later. Philip Murphy of New Jersey signed a similar executive order on February 5. These four executive orders differ in details, but all require that state agencies purchase Internet access services only from companies with an enforceable commitment to net neutrality for all customers in their state.

This is part of a flurry of state-level net neutrality actions. The New York State Assembly introduced bill A01958 on January 17, 2017, three days before the inauguration of Donald Trump as President of the United States, anticipating action by him to overturn the 2015 “Title II Order” that made net neutrality enforceable in the US. Two other bills were introduced into the Washington House of Representatives in the ten days before the official decision of Trump’s FCC on this issue. In addition to these, 63 other state-level responses by net neutrality supporters were documented by Fight for the Future (FFTF) by February 16, 2018, including at least 27 bills introduced into the legislatures of 17 states with others reportedly under consideration.

These bills are in addition to the lawsuit filed on January 16 by the Attorney General of New York on behalf of 21 states and the District of Columbia claiming this FCC decision was “arbitrary, capricious, and an abuse of discretion within the meaning of the Administrative Procedure Act” (APA) of 1946 and other grounds. These states were New York, California, Connecticut, Delaware, Hawaii, Illinois, Iowa, Kentucky, Maine, Maryland, Massachusetts, Minnesota, Mississippi, New Mexico, North Carolina, Oregon, Pennsylvania, Rhode Island, Vermont, Virginia, and Washington state. New Jersey reportedly later committed to join the suit.

These four executive orders are the only actions on FFTF’s list of actions by net neutrality supporters that seem immediately enforceable. All others require approval by democratic bodies. The four executive orders might be challenged in courts as conflicting with “Preemption authority” claimed by the US Federal Communications Commission’s “Declaratory ruling, report and order” adopted December 14 and released January 4. The FCC order was described by dissenting Commissioner Clyburn as “Destroying Internet Freedom” rather than “Restoring Internet Freedom” as the order is titled. She wrote that this order “will put profits and shareholder returns above what is best for” consumers.

Wednesday, July 10, 2019

Leaders of African Union (AU) member states met in Niamey, Niger’s capital, for an AU summit where on Sunday Presidents Muhammadu Buhari of Nigeria and Patrice Talon of Benin signed the African Continental Free Trade Area (AfCFTA) agreement.

Nigeria previously announced it planned to join the AfCFTA in the week leading up to the summit. AU trade and industry commissioner Albert Muchanga announced Benin was to join. The commissioner said, “We haven’t yet agreed on rules of origin and tariff con[c]essions, but the framework we have is enough to start trading on July 1, 2020”.

Niger’s president Mahamadou Issoufou said, “Nigeria is Africa’s biggest economy and most populous country. Without Nigeria the free trade zone would’ve been handicapped.”

The agreement seeks to remove tariffs on 90 percent of commodities and better intregrate African economies.

At the opening of the AU summit, AU chairperson President Abdel Fattah el-Sisi of Egypt said, “The success of the AfCFTA will be the real test to achieve the economic growth that will turn our people’s dream of welfare and quality of life into a reality”.

With Sunday’s signings, all but one of the member states of the 55-member AU have signed on to the agreement, with Eritrea the only state unsigned. African leaders have negotiated the deal over the last four years. While 54 nations have signed onto the AfCFTA, only 27 have ratified the agreement.

While many transactions in Africa occur using U.S. dollars or euros, the AU announced an electronic pan-African payment system.African Export–Import Bank president Okey Oramah said the use of third-party currencies “costs Africa between $5 and $7 billion,” further saying, “Beyond that, it also reduces trade because Africa has a scarcity of foreign exchange.”

There are reportedly 1.3 billion people in the free trade area, with the combined economies of the countries worth US$3.4 trillion. One of the stated goals of AfCFTA is to encourage more intra-Africa trade. Currently about 16–17 percent of African trade occurs between African countries. This is in contrast to the European Union members, where intra-European trade accounts for over 60 percent of trade.

The International Monetary Fund said in May the AfCFTA might be for African countries comparable to the European and North American trade blocs as an “economic game changer”.

Seven members states had bid to host the AfCFTA secretariat, the operational organ of the free trade agreement, with Ghana winning the bid.