Thursday, November 20, 2008

Vela International Marine, the Saudi Arabian company that owns the MV Sirius Star oil tanker which was captured by pirates on November 15, has begun negotiations with the Somali pirates.

The Saudi Foreign Minister Saud al Faisal said that talks had begun, but he did not say whether a ransom would be paid. Vela International Marine, which is owned by state-owned Saudi Aramco, would only say it is “working toward [the crew’s] safe and speedy return.”

“We do not like to negotiate with pirates, terrorists or hijackers,” said Saud al Faisal in Rome, after speaking with Franco Frattini, the Foreign Minister of Italy.

Dubai-based television network Al Jazeera broadcast an audiotape of a man who said he was with the pirates. He identified himself as Farah Abd Jameh.

“Negotiators are located on board the ship and on land. Once they have agreed on the ransom, it will be taken in cash to the oil tanker. We assure the safety of the ship that carries the ransom. We will mechanically count the money and we have machines that can detect fake money,” the man said. He did not mention any specific amounts for the ransom.

The British Foreign Office released a statement Wednesday which identified two of the crew as chief engineer Peter French and second officer James Grady. The rest of the 25-man crew are from Croatia (1), Poland (2), Philippines (19) and Saudi Arabia (1). They are all reported to be safe.

Foreign Secretary David Miliband said that the Royal Navy was coordinating a European response.

Dominique Montecer, the director of operations at GEOS Group, a corporate risk management firm, cast doubt on a military response.

“Everything is possible but it would take extraordinary means and organization, and the risk of an ecological disaster is very high. They are sitting on a bomb,” Montecer said.

“It’s certainly a very complex environment to work in — a Liberian-flagged vessel, owned by a Saudi company, in Somali waters, with so many different nationalities on board,” said Lt. Nate Christensen of the United States Navy when asked about the possibility of taking back the Sirius Star by force.

“Shipping companies are already making decisions not to go through the Gulf of Aden, and making the decision to take the much longer route around the south of Africa,” said Peter Hinchcliffe, marine director of the International Chamber of Shipping. “And with the increase in intensity of attacks, that is something that is going to be much more frequent. It’s adding let’s say an average of two weeks to the passage time.”

Since the capture of the Sirius Star, pirates in the Gulf of Aden have taken at least three other ships. These include a Chinese ship carrying wheat, a Greek bulk carrier, and a Thai fishing vessel.

The International Maritime Bureau reports that Somali pirates currently hold 14 ships along with an estimated 250 crew members. Since January, there have been over 30 hijackings in the area, while another 60 ships have been attacked.

Among the ships still held is the Ukrainian cargo ship MV Faina, which has a cargo of 33 Russian T-72 battle tanks, as well as other weapons. The Faina was hijacked on September 25.

Meanwhile, the Indian Navy has reported that it encountered and destroyed what it called a pirate “mother ship” on Tuesday. India dispatched frigate INS Tabar last month to protect its merchant shipping in the Gulf of Aden. The pirate vessel reportedly threatened the Indian frigate after it was hailed.

Several NATO members, as well as Russia, India and Malaysia have all sent warships to the region to protect merchant shipping in the area. The Combined Task Force 150, formed as a multinational coalition in the War on Terrorism, was restructured in 2006 to aid in anti-piracy efforts.

Friday, April 29, 2011

Apple Inc. CEO Steve Jobs announced on Wednesday that iPhone technology is not being used to monitor the location of its customers. The scandal arose from concern that data collected by Apple would make it possible for anyone with access to a person’s private computer to retrieve information about their movements.

Jobs acknowledged that while iPhones keep a database of Wi-Fi and cell tower hotspots these do not reveal anything about individual users’ location. “That’s what people saw on the phone and mistook it for location”

In a separate statement, Apple clarified the device is merely caching data in order to improve the speed of locating users in the future.

Jobs confirmed during the interview that Apple would testify before the United States Congress. “They have asked us to come and we will honour their request, of course.”

Apple have since made plans to release software updates that will cut the size of the wireless hotspot location database stored on its iPhones.

The data scandal, coined ‘Location-gate’ has overshadowed news of Apple’s announcement for sales of the delayed white iPhone 4 which will begin shipping from Thursday.

Wednesday, January 19, 2005

Yahoo!, the world’s favorite Internet destination, reported $373 million in net income for the three month period ended December 31. Revenues were $1,078 million for the fourth quarter of 2004, a 62 percent increase compared to $664 million for the same period of 2003. “We are attracting more and more users to Yahoo!’s network of services and driving their usage deeper with more relevant products and services. This deeper usage is the real magic behind the surpassing of our financial objectives,” explained Susan Decker, the company’s chief financial officer.

• Revenues excluding traffic acquisition costs (“TAC”) were $785 million for the fourth quarter of 2004, a 54 percent increase compared to $511 million for the same period of 2003
• Gross profit for the fourth quarter of 2004 was $691 million, a 56 percent increase compared to $443 million for the same period of 2003
• Operating income for the fourth quarter of 2004 was $235 million, a 149 percent increase compared to $94 million for the same period of 2003
• Operating income before depreciation and amortization for the fourth quarter of 2004 was $327 million, an 84 percent increase compared to $178 million for the same period of]] 2003

Wednesday, September 15, 2010

A headless man was found near a suburban Chicago, Illinois school early Tuesday morning. The man had a pipe bomb near him. Another explosive device had decapitated the man, according to Evanston, Illinois police.

After the body was found in a field near Evanston’s Nichols Middle School by a man walking his dog, police searched a nearby apartment and a bomb squad was called to the area. The FBI is also helping with the investigation.

Residents of the area said that around 3:50 AM Central time they heard a loud explosion. Dale Wyatt, who was walking his dog, Buddah, said that his dog found the body around 5:15 AM.

Classes at Nichols were canceled Tuesday and are also, according to website, canceled for Wednesday.

Tuesday, April 14, 2009

French fishing vessels have blockaded the English Channel ports of Calais, Bolougne, and Dunkirk.

The protest is an industrial action over tighter fishing quotas imposed by the European Union, with French fishing unions asking for their government to provide financial assistance or take a tougher line. CFTC Fishermans Union spokesman Bruno Dachicourt told Agence France Presse: “There are easily twenty boats blocking the port of Boulogne-sur-Mer in organized ranks. Not a boat will go in nor out.”

The fishermen are protesting the lowering of European Union quotas on fishing, which place a ceiling on the amount of fish that the fishermen of each member country are allowed to catch and sell. The EU has lowered quotas in response to concerns about the sustainability of fisheries, but each drop in quota reduces the amount of work each fishing vessel can do. “The feeble amount of the quota obliges us to close the fishing zones three months after the beginning of the catch”, said Stéphane Pinto, spokesman for the CFDT trade union group representing fishermen in Boulogne.

Ferry sailings between Dover in the United Kingdom and Calais were suspended, with UK authorities implementing the Operation Stack management plan in response. Under the plan sections of the M20 motorway are closed to traffic and used as a managed lorry park. Motorists have been advised to seek alternative routes if possible. Most cars and passengers from the P&O Calais-Dover sailings at 16.10 (apparently the first sailing affected), 17.40 and 18.25 left on the “Pride of Dover” at 11.47 arriving Dover at 12.30. Two SeaFrance ferries, Renoir and another, left slightly earlier.

Fishermen have also used fires and roadblocks to interfere with access to the ports by road.

The blockades come eight days after a similar incident in the Mediterranean, when French fishermen in Marseille, Ajaccio, Toulon and other port cities interfered with oil tanker movements and blockaded ports throughout the south of the country.

Wikinews is unaware of any official statement from the British or French Governments in response to the blockade.

Saturday, September 8, 2007

A minimum of 85 Hindu pilgrims have been killed in India and 64 injured after their lorry and trailer plunged 24m (80ft) into a river gorge late last night.

Approximately 150 people were on board when the driver lost control on a sharp bend near the village of Nagbavji, Rajasthan, smashing through a concrete crash barrier and continuing down into the valley, coming to rest inverted.

An overnight rescue operation was initiated, removing both survivors and bodies of the dead from the wreck, with the aid of cranes and spotlights. Ambulances and medical teams rushed to the scene from surrounding areas. Of the 64 who were hospitalised, three are reported to be in critical condition. The Press Trust of India reported that as many as 130 were injured, and Al Jazeera reported that there may have been 200 people on board. It is believed the death toll could rise still further, as many people remain trapped beneath the trailer.

The truck was a 12-wheeled model designed for hauling shipping containers, and was carrying pilgrims from three nearby villages Shiwal, Madri and Bhawa. The driver had offered to take them to their destination for free, a practise common in India, despite the fact that such trucks are not safe for passenger transport, being designed primarily as freight transporters.

The vehicle had been destined for the temple of Ramdev, a site considered by both Hindus and Muslims as being of high spiritual significance. The temple is the subject of an annual ten-day pilgrimage every September, which begins on September 13, although most of the 250,000 pilgrims who flock to the site arrive several days in advance of the festival.

The Chief Minister of Rajasthan Vasundhara Raje visited the three villages in which the victims resided. The local government has initiated a full inquiry into the disaster.

A compilation of brief news reports for Tuesday, December 9, 2008.

The United States media group Tribune Company has filed for bankruptcy protection on Monday as it struggled to sort out its US$13 billion debt. It is the second-largest newspaper publisher in the United States, responsible for the Chicago Tribune and the Los Angeles Times, among others.

The firm has been hit hard by the industry-wide slump in newspaper advert revenues this year. Sam Zell, the billionaire who owns Tribune, took out large loans in order to buy the firm back in June of 2007.

The United States Chapter 11 bankruptcy protection law states that a company can continue trading whilst it sorts out its finances.

Sources

• “US publisher in bankruptcy move” — BBC News Online, December 8, 2008
• “Tribune files for Chapter 11 bankruptcy” — MarketWatch.com, December 8, 2008

The Quebec general election is underway in the Canadian province of Quebec. Premier Jean Charest called the elections, saying he needed a majority to guide Quebec through a period of economic difficulties caused by the worldwide financial crisis.

Polls indicate that the Charest may obtain a majority, with support for his Quebec Liberal Party increasing to 45%, while support for the Parti Québécois remains at around 30%.

The polls will close at 01:00 GMT (20:00 local time), and the results will probably come in soon after that.

Sources

• “Quebec voters head to the polls” — BBC News Online, December 8, 2008
• “Quebec votes in provincial elections” — Agence France-Presse, December 8, 2008

The United States government is reportedly close to an agreement for a US$15 billion bailout plan for the country’s three largest auto firms.

According to a draft obtained by the Associated Press, the deal would give loans to Detroit‘s struggling Big Three automobile manufacturers — Ford, General Motors, and Chrysler — but under the condition that the auto industry restructures itself to survive. Another condition is that the incumbent US President, George W. Bush, would appoint an overseer to supervise the effort.

Analysts suggest that the agreement could be signed into law by the end of this week.

Sources

• “White House cool to plan for auto bailout” — MSNBC, December 8, 2008
• “US car bail-out nears agreement” — BBC News Online, December 8, 2008

Tuesday, November 11, 2008

On Monday, United States electronics retailer Circuit City announced that it would file for Chapter 11 bankruptcy protection. Second largest in its field, behind Best Buy, the company has previously announced that it would close down 155 of its locations leaving an estimated 8000 employees jobless.

The retailer also said more cutbacks will be on the way. “Circuit City was incredibly successful in the 1980s and 1990s, but they never changed after that,” says David Schick, an analyst at Stifel Nicolaus.

In August, Best Buy, reported that its profits had gone up to show a quarterly profit of US$200 million. Meanwhile, Circuit City reported a loss of $239 million in September.