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Despite passage of bailout bill, two US states may need loans

Sunday, October 5, 2008

Despite the passage of a 700 billion USD bill by the United States House of Representatives on Friday and the Senate on Wednesday, two U.S. states may need loans totaling over 14 billion dollars.

California and Massachusetts are seeking at least 7 billion dollars each from the federal government as loans. Officials and lawmakers in both states say that the loans would be temporary.

According to Massachusetts’ state treasurer, Timothy P. Cahill, the state was unable to borrow money last week on a short term loan. He also states that the state can afford to pay its bills and debts for the next few weeks, but not beyond that without a short-term loan from the government. Cahill has asked the federal government for a loan similar to the recent one passed by Congress and the Senate.

“That’s all we would ask them to do: Treat us like the investment banks,” said Cahill to the Associated Press.

Officials in California say they need an emergency loan, or they will run out of money by the end of October. California’s governor, Arnold Schwarzenegger said the state is “not out of the woods” and needs a short term loan from the government.

“California and other states may be unable to obtain the necessary level of financing to maintain government operations and may be forced to turn to the federal treasury for short-term financing,” said Schwarzenegger in a letter to the Treasury Department, which is taking the letter under consideration.

On Friday, the U.S. House of Representative voted to pass a revised bailout bill which included raising the FDIC insurance cap to $250,000, a move designed to please progressives. However, the $110 billion in tax breaks, earmarks and what has been called pork barrel spending is not offset by any increases in revenues and has added opposition to the bill from some Representatives in the House. Earmarks added into the bailout bill included $192 million in tax rebates for the Virgin Islands rum industry, $148 million in tax cuts for the wool industry, $100 million tax cuts to the auto racing industry, and $48 million in Hollywood tax incentives, among others.

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US: Melamine from contaminated pet food enters human food chain

Sunday, April 29, 2007

At least 45 people are reported to have eaten pork which came from a hog farm in Ceres, California in the United States, where pigs from the farm were fed pet food which was recalled because it was contaminated with the chemical melamine.

So far none of the individuals have experienced signs of illnesses, but it is not known what effect the chemical, when ingested, has on humans because no major study has taken place on melamine.

On April 21, at least seven urine samples taken from pigs at hog farm, were tested and the results came back positive for the chemical melamine. At least three samples from the feed used to feed the pigs were tested and those results also came back positive for melamine.

Yesterday, the United States Food and Drug Administration or FDA, said in a statement that “we have no evidence of harm to humans associated with the processed pork product” and that “no recall of meat products processed from these animals is being issued.”

Despite the consumption of pork by humans, the FDA states that the risk to human health is minimal.

“The assessment that, if there were to be harm to human health, it would be very low, is based on a number of factors, including the dilution of the contaminating melamine and melamine-related compounds from the original rice protein concentrate as it moves through the food system. First it is a partial ingredient in the pet food; second, it is only part of the total feed given to the hogs; third, it is not known to accumulate in the hogs and the hogs excrete melamine in their urine; fourth, even if present in pork, pork is only a small part of the average American diet. Neither FDA nor USDA has uncovered any evidence of harm to the swine from the contaminated feed,” added the statement.

On March 19, the manufacturer of the food, Menu Foods, which is based in Mississauga, Ontario in Canada, recalled all of its dog and cat food which totaled over 60 million items. On April 28, Canadian officials announced that they will hold products, such as wheat and corn gluten, as well as soy and rice proteins that have been imported from China until they can be tested for melamine.

It is not known how extensive the outbreak is.

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How To Start Your Own Forex Trading Online

Submitted by: Mark Aucamp

This information is created for anyone who has an interest in forex trading online to generate income part-time or full-time. New traders will need to learn the basic principles of the foreign exchange market before starting. Whilst experienced traders can cosider this a refresher in forex trading online.

There are basically four steps to follow if you are considering trading forex online. Though, their order is not particularly important, the more important part is their content, to which the great attention and responsibility must be paid.

Forex Trading Online – The First step

Selecting the right Forex Trading Broker online is your first step.. You could have a great strategy, good technical analysis skills or an outstanding intuition but you will ultimately fail if you choose a bad broker. A good forex broker is one that will not steal your money, will perform real trading with your positions and will support your chosen deposit and withdraw methods and has fast and helpful user support service. Look for a broker that is registered with some sort of governmental financial ombudsman. Probably the most important aspects of the broker is it s trading platform – but for a new trader this part is not so crucial as for expert traders. Still you ll want to trade with some powerful and informative platform as a MetaTrader or its analogs. For new traders the more important is a demo account which is often used to trade virtual money while you are training your forex skills. If you’re new trader, start only with the demo account! Don t lose your cash on your first mistakes! Take advantage of learning forex trading using a demo account even if you are eager to start earning money -play it cautious!

[youtube]http://www.youtube.com/watch?v=PsCOjBXUlmA[/youtube]

Forex Trading Online – The second step

Learning basic fundamentals of forex trading is an important second step. If you have already found your Forex Trading Online broker, you will easily get all information from its website or user support. There are numerous articles and websites dedicated to forex basics in the World Wide Web. All you have to do is just Google for forex trading basics and you ll find everything you wanted plus much more. This approach shouldn t be underestimated, because aiming to trade without learning the market works is not only very risky, it will also become boring soon.

Forex Trading Online – Third step

Education is a crucial third step to forex trading online. FX trading education is not similar to any other education you probably have got in your life. Forex Trading market is very chaotic, so is the training – there are no fixed rules and all time laws, it is unstable and dynamical. So, to be on the top you must learn new things about Forex Trading regularly and constantly. Aim to read plenty of books, articles other traders opinions as you can. The more you learn, the more educated you will be. And with good Foreign exchange education you will be able to create very sophisticated and effective trading strategies.

Forex Trading Online – Fourth step

To achieve the successful results in Forex Trading market you need to develop your very own strategies. While you are learning you ll be satisfied with known strategies and probably even forex signals. But true goal which results in successful forex trading is always to develop your own strategies. Not one strategy, but to follow the market day by day, developing new strategies and improving those which began to fail. And this comes not only to the trading strategy (this part is obvious), but also to the money management strategy (this part is often underestimated). While you gain experience of trading you ll inevitably build such strategies that will fit your trading style, you character and your life as best as they can. And after that, trading can become a genuine pleasure, which will eventually result in your financial freedom.

About the Author: Mark Aucamp continues to provide Talk Money Blog followers with Finance Advice in the areas of

Debt Management

, Financial Debts , and more. Mark has worked for quite some time as a Consultant and Advisor offering Debt Management and

Logbook Loan Advice

to fee paying customers. http://talkmoneyblog.co.uk

Source:

isnare.com

Permanent Link:

isnare.com/?aid=1153703&ca=Finances

SpaceX scrubs Falcon I rocket launch

Monday, November 28, 2005

TacSat-1 spacecraft, which was supposed to be the successor to the Falcon I

SpaceX called off the much-delayed inaugural launch of their new Falcon 1 rocket on Saturday from Kwajalein’s Omelek Island launch site. The intent was to launch the U.S. Air Force Academy’s FalconSat 2 satellite, which will monitor plasma interactions with the Earth’s upper atmosphere and magnetosphere.

The launch was delayed, then finally cancelled after an oxygen boil-off vent had accidentally been left open. The oxygen was unable to cool the helium pressurant, which then proceeded to evaporate faster than it could be replenished. A main computer issue, probably serious enough to cause a scrub on its own, was also discovered.

This long-anticipated flight was originally expected to be launched in January 2005, however a series of setbacks forced a series of delays, with the flight most recently scheduled to be in early 2006. It was intended to be launched from the Kwajalein atoll in the middle of the Pacific Ocean.

The maiden voyage was originally intended to launch from Vandenberg Air Force Base in California with a Naval Research Laboratory satellite and a Space Services Incorporated space burial payload.

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Gastric bypass surgery performed by remote control

Sunday, August 21, 2005

A robotic system at Stanford Medical Center was used to perform a laparoscopic gastric bypass surgery successfully with a theoretically similar rate of complications to that seen in standard operations. However, as there were only 10 people in the experimental group (and another 10 in the control group), this is not a statistically significant sample.

If this surgical procedure is as successful in large-scale studies, it may lead the way for the use of robotic surgery in even more delicate procedures, such as heart surgery. Note that this is not a fully automated system, as a human doctor controls the operation via remote control. Laparoscopic gastric bypass surgery is a treatment for obesity.

There were concerns that doctors, in the future, might only be trained in the remote control procedure. Ronald G. Latimer, M.D., of Santa Barbara, CA, warned “The fact that surgeons may have to open the patient or might actually need to revert to standard laparoscopic techniques demands that this basic training be a requirement before a robot is purchased. Robots do malfunction, so a backup system is imperative. We should not be seduced to buy this instrument to train surgeons if they are not able to do the primary operations themselves.”

There are precedents for just such a problem occurring. A previous “new technology”, the electrocardiogram (ECG), has lead to a lack of basic education on the older technology, the stethoscope. As a result, many heart conditions now go undiagnosed, especially in children and others who rarely undergo an ECG procedure.

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Wikinews interviews candidate for New York City mayor Vitaly Filipchenko

Wednesday, June 16, 2021

Vitaly Filipchenko. Image: Campaign to Elect Vitaly for NYC Mayor.

In early May, Wikinews extended an invitation to Vitaly Filipchenko, an independent candidate in the 2021 New York City mayoral election, set to take place November 2nd, alongside other candidates. Filipchenko answered some questions about his policies and campaign during a phone interview.

Filipchenko, registered on the New York City Campaign Finance Board as Vitaly A. Filipchenko, is the first Russian candidate for New York City mayor, being born in Tomsk, Siberia in 1973, according to news agency Sputnik. He has since naturalised as a United States citizen. According to the web site, Filipchenko has been educated in road construction and maintenance and owns a moving services company; he describes himself on his web site as a “small business owner”. On his web site’s platform page, he says that “[m]y English may not be perfect – but my platform is.”

Incumbent Democratic mayor Bill de Blasio, who won re-election in the 2017 New York City mayoral election by 66.5%, cannot run for a third term under term limits. As of April 28, 22 candidates are currently running, the majority of whom are also Democrats. Ahead of the June Democratic primary for New York City mayor, a poll conducted May 23 and 24 by WPIX and Emerson College of 12 Democratic candidates with a margin of error of 3.2 per cent has former commissioner for the New York City Department of Sanitation Kathryn Garcia and Borough President of Brooklyn Eric Adams leading with 21.1% and 20.1%, respectively.

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Know About A New And Improved Form Of Taking Cannabis Is Twisted Extracts Jelly Bomb

There are many people who use cannabis for its beneficial effects. Cannabis has been a popular drug for centuries as every country’s people have used cannabis for social, medical or spiritual reasons. These reasons may be distinct or they may overlap. For example, in Canada cannabis in the form of twisted extracts lego brick jelly bomb was used as a medicine and for fun until it became a part of the controlled substance list.

Reasons to use cannabis

  • Social: In ancient times the use of alcohol was prohibited but social cannabis usage was appreciated. Cannabis seed desserts were also famous in Rome and till date on special occasions, cannabis is served as a sign of hospitality and good fortune. Nowadays, the youth and adults use cannabis to relax and enjoy their lives a little. It helps people to concentrate better, makes socializing more enjoyable and even increases their creative thinking ability. If cannabis is used socially then it becomes a part of the person’s life without having any negative effect on their health, social status, legal status or economical situations.
  • Medical use: people use cannabis for medical reasons. Many patients prefer using twisted extracts indica THC Jelly Bomb that is basically weed in the form of a candy so that the users do not have to focus on the smoke but just eat the edibles. People use cannabis to manage physical and mental health properly for a balanced body.

Different forms of cannabis edibles.

Cannabis can be ingested through a number of ways. Many at times people think that pot brownies or cookies are the only way possible to enjoy weed without smoking it. However, it has been observed that people use cannabis as a garnishing on almost everything, whether it is breakfast, smoothie, coffee, lunch, desserts, appetizer or even in drinks like soups, entrees, beer and wine. Moreover, twisted extracts jelly bomb sativa gummies are popular food item. People are not recommended to try raw weed as it doesn’t have as great an effect. Therefore, to feel relatively high one would need to use a lot of it.

The level of effect

Ingesting cooked cannabis provide a long and slow building effect that lasts much longer than its smoking counterpart. The compound created by liver on consuming edible marijuana products makes the effect of it last twice as long. There is a difference in the effect felt by taking sativa products or indica products, THC rich strains or CBD rich strains. Many new marijuana takers overdose on twisted extracts jelly bomb sativa edibles. So, be aware. A person feels more in control when eating edibles and therefore establishes more control over their brain. Over consumption of anything, however is not good for health. Properly determining dosage is an excellent way of preventing miss happenings.

Wikileaks crashes under cyber attack

Wednesday, August 31, 2011

Wikileaks today announced via twitter that its website has crashed under an apparent cyber-attack; this following the recent release of tens of thousands of US State Department cables. Sources in the US say the mass-disclosure of cables is causing diplomatic setbacks, and embarrassment, for the administration of Barack Obama.

Diagram of a Distributed Denial of Service attack, commonly used to bring down websites. Image: Everaldo Coelho and YellowIcon.

These previously unreleased cables are said to contain the names of sensitive sources that the authors asked higher bodies to “strictly protect”. The authenticity of the latest documents has not been confirmed but, US State Department spokeswoman Victoria Nuland said, “the United States strongly condemns any illegal disclosure of classified information”.

After more than 2,000 cables were reviewed by the Associated Press, they were found to contain dozens of sources who had sought identity protection. 125,000 sensitive documents have been disclosed in the past week, and their rapid release is said to be causing complications and endangering US foreign policy goals.

“In addition to damaging our diplomatic efforts, it puts individuals’ security at risk, threatens our national security and undermines our effort to work with countries to solve shared problems. We remain concerned about these illegal disclosures and about concerns and risks to individuals”, Nuland said.

The first series of leaks began last November. With each release, officials from the State Department crisis management team went through the leaked documents, informing sources that had been named, and – where possible – warning those in authoritarian countries their identities may have been exposed.

Wikileaks responded via twitter to the criticism as the cyber attack occurred, “Dear governments, if you don’t want your filth exposed, then stop acting like pigs. Simple”.

News organisations were previously cooperating with Wikileaks in exchange for copies of documents, including uncensored State Department messages; the new flood of publishing in recent weeks reflects the collapse of those relationships between Wikileaks and the mainstream media.

“We continue to carefully monitor what becomes public and to take steps to mitigate the damage to national security and to assist those who may be harmed by these illegal disclosures to the extent that we can”, said Nuland.

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Ransomware attack hits over 200 US companies, forces Swedish grocery chain to close

Monday, July 5, 2021

On Friday, a ransomware attack which initially targeted software company Kaseya spread to over 200 companies in the US through Kaseya’s network management software. Huntress Labs, a cybersecurity company, alleged the attack was carried out by REvil, a Russia-based ransomware group. Kaseya told its customers to stop using its services when it learned of the attack.

According to NBC News, the ransomware first spread to about 40 of Kaseya’s customers, which are mainly companies that manage Internet services for their customers, some of which manage them for thousands of companies. John Hammond, a security researcher at Huntress Labs, said that “It’s reasonable to think this could potentially be impacting thousands of small businesses”. Kaseya notified its customers of the attack on Friday afternoon and warned them to stop using its services immediately.

Business Insider reported REvil is a Russian-based organization which provides ransomware-as-a-service. BleepingComputer reported receiving a sample of the ransomware used in REvil’s attacks and says that they demand USD five million for the ransomed files to be decrypted, though it is unknown if every victim received a demand for that same amount. Fabian Wosar, Chief Technical Offier (CTO) at the Emsisoft security firm, said affected customers had received demands for USD 44,999.

Swedish grocery chain Coop was also affected by the attack, and had to close all 800 of its stores because its checkout tills could not process payments due to the ransomware. Speaking to Swedish Television, Therese Knapp, a Coop spokesperson, said “We have been troubleshooting and restoring all night, but have communicated that we will need to keep the stores closed today”. Swedish company Visma Esscom, which manages servers for businesses, was using Kaseya software, according to Reuters. Railway services in Sweden were also disrupted.

On Saturday, US President Joe Biden directed intelligence agencies to investigate who was behind the attack. He said that “we’re not certain” who is behind the attack, adding “[t]he initial thinking was it was not the Russian government but we’re not sure yet”. The US Cybersecurity and Infrastructure Security Agency stated that it is “taking action to understand and address the recent supply-chain ransomware attack”.

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