Wednesday, October 25, 2006

On November 1, 2006 the old five, ten, twenty and fifty cent coins will be illegal tender, but the Reserve Bank of New Zealand says there are still at least 100 million still to be returned.

According to the Reserve Bank, most of the old coins have been lost in drains or buried in rubbish. “We think there is still another 100 million sitting around in people’s homes,” Brian Lang, currency manger for the Reserve Bank, said.

Lang said: “So far, just over 280 million coins have been returned, but there are more out there. Since 1967 the Reserve Bank has issued more than a billion of the old ‘silver’ coins. So if you don’t want to be stuck with loads of old coin – there’s never been a better time to empty your coin jars, sweep the car glove box and rummage behind the couch cushions.”

The coins still awaiting to be handed in, by either spending them, taking them to a bank or donating them to charity, are estimated to be worth between NZ$5 million and $50 million.

“A last-minute burst of publicity may convince people to bring the coins in. It’s a bit of a hassle though. Human nature being what it is, people just don’t care,” Lang said.The Karori Wildlife Sanctuary located in Wellington say that they have collected over $9,000 in old coins. Sanctuary spokesman, Alan Dicks said: “The campaign was particularly fitting because the old coins depicted tuataras and kiwis, both of which can be found living at the sanctuary. The money will go towards supporting general ecological restoration of the sanctuary. We want to get over ten grand, but the more the better.”

Lang said: “Though the coins will no longer be legal tender, banks will continue to exchange them until at least the end of the year,” and the Reserve Bank will always exchange them. “We are still getting people coming in with two-dollar notes,” Lang added.

Thursday, April 7, 2005

The U.S. House Energy and Commerce Committee passed an amendment on Wednesday to extend daylight saving time by two months. The bipartisan measure is sponsored by Representative Fred Upton, Republican of Michigan, and Representative Ed Markey, Democrat of Massachusetts.

“The more daylight we have, the less electricity we use,” Representative Ed Markey said. Markey also supported the measure by pointing out the business benefits. “There’s more economic activity, because people feel they can walk around safely,” he said.

“Extending daylight-saving time makes sense, especially with skyrocketing energy costs,” Rep. Fred Upton said.

The bill extends daylight saving time to begin on the first Sunday in March and to end on the last Sunday in November. Daylight saving time currently begins on the first Sunday in April and ends on the first Sunday in October.

The U.S. Department of Transportation estimates that extending daylight saving time would save 10,000 barrels of oil per day. The United States consumes approximately 20 million barrels of oil per day.

The House is planning to approve the energy bill to which the amendment was attached in several weeks. Several other amendments to the bill are still being debated.

Friday, April 20, 2007

Around 1:40 p.m. CDT, NASA employees reported that two shots were fired in the NASA Building 44 in the Johnson Space Center in Houston, Texas. A SWAT team later reported that Bill Phillips, a contract engineer with Jacobs Engineering, had killed David Beverly as well as himself, leaving a female hostage physically unharmed.

Phillips entered a conference room with gun drawn and ordered all but one person out. Phillips barricaded himself on the second floor of the two-story building, with David Beverly and another female hostage. The building was evacuated and police were summoned. NASA security, Houston police and a SWAT team were on the scene.

Houston news reported at 5:22 p.m. CDT that Bill Phillips, the gunman, and David Beverly, the hostage, were both dead. Police reported that the SWAT team heard one shot and decided to engage, but before they reached the room they heard another shot. When SWAT reached the scene, the male hostage was dead from a bullet to the chest, the gunman was dead from a bullet to the head, and the female hostage, Fran Cranshaw, was gagged and bound to a chair with duct tape, but was otherwise unharmed.

All NASA employees had first been warned to stay in their buildings but were later told by NASA they were free to go home if their working day was over. Mission Control locked its doors during this incident, as this is a standard procedure in such situations. No NASA Mission has been affected by this incident, according to NASA.

In the first press conference, police said that communication to the gunman had not yet been established, but that negotiators had already tried it two times unsuccessfully.

The motive of the hostage-taking, and whether the three people had any connection to each other, is currently under investigation.

The Houston Chronicle reports that last month Phillips had received one e-mail from his employer, Jacob engineering Inc., “describing problems with his work and offering suggestions on improvement.” Jacobs printed that e-mail on March 18, the same day he bought the 38-caliber gun that police suspect was used in the shooting.

Despite reassurances by Cranshaw and Beverly, Phillips would not believe that management was not going to fire him, according to Cranshaw. During the 3-hour standoff, Phillips used a dry-erase board in the room indicating he was tired of being called “stupid,” police said last Saturday.

Michael Sampson, the co-manager of the space agency’s Electronic Parts and Packaging Program, who had known Beverly for ten years, described him as friendly, peaceful person, with a positive attitude to his co-workers.

Relatives describe Phillips as a loner who always kept to himself. He had lost his father in 2003, but had decided not to return to his hometown in Tennessee. Smith, a cousin of Phillips, remarked that in the Christmas card he had received from him last year, Phillips said that he was feeling lonely and without family, but nothing in the card suggested anything so tragic.

Wednesday, October 25, 2006

On November 1, 2006 the old five, ten, twenty and fifty cent coins will be illegal tender, but the Reserve Bank of New Zealand says there are still at least 100 million still to be returned.

According to the Reserve Bank, most of the old coins have been lost in drains or buried in rubbish. “We think there is still another 100 million sitting around in people’s homes,” Brian Lang, currency manger for the Reserve Bank, said.

Lang said: “So far, just over 280 million coins have been returned, but there are more out there. Since 1967 the Reserve Bank has issued more than a billion of the old ‘silver’ coins. So if you don’t want to be stuck with loads of old coin – there’s never been a better time to empty your coin jars, sweep the car glove box and rummage behind the couch cushions.”

The coins still awaiting to be handed in, by either spending them, taking them to a bank or donating them to charity, are estimated to be worth between NZ$5 million and $50 million.

“A last-minute burst of publicity may convince people to bring the coins in. It’s a bit of a hassle though. Human nature being what it is, people just don’t care,” Lang said.The Karori Wildlife Sanctuary located in Wellington say that they have collected over $9,000 in old coins. Sanctuary spokesman, Alan Dicks said: “The campaign was particularly fitting because the old coins depicted tuataras and kiwis, both of which can be found living at the sanctuary. The money will go towards supporting general ecological restoration of the sanctuary. We want to get over ten grand, but the more the better.”

Lang said: “Though the coins will no longer be legal tender, banks will continue to exchange them until at least the end of the year,” and the Reserve Bank will always exchange them. “We are still getting people coming in with two-dollar notes,” Lang added.

Tuesday, July 29, 2008

As gas prices have risen in the United States, the regional transport authority for southeastern Pennsylvania, SEPTA, has seen a sharp increase in ridership, which has caused overcrowding on the trains.

“As fuel prices have continued to rise, SEPTA ridership has steadily increased and is the highest in 18 years,” said SEPTA General Manager Joseph Casey. Monthly ridership was 22 percent higher last month than a year ago.

“They have crushed loads on their rail lines, already where people are standing, and there’s not enough seats,” said Rich Bickel, the director of the Delaware Valley Regional Planning Commission.

“At peak times some railcars are standing room only and commuter parking lots are nearly full. All Regional Rail lines are running near full capacity and the train station parking lots are at about 90 percent capacity or more,” SEPTA spokesperson Felipe Suarez said.

While SEPTA awaits new Silverliner V trains from Hyundai Rotem, which begin arriving in 2009, it had hoped to lease eight rail cars from New Jersey Transit, at an agreed-upon rate of US$10,000 per month. However, due to problems with insurance and liability indemnification, the deal fell through, according to Casey.

SEPTA has entered a new agreement to purchase the eight rail cars from NJ Transit. The transit authority will pay US$670,000 for the cars and assorted supplies plus one additional inoperative car which will be used for spare parts. The rail cars will be operated using a SEPTA provided locomotive as they are not self-propelled.

The cars are being disposed of by NJ Transit because it has switched from single-floor cars to double-decker cars.

SEPTA is expecting to raise US$3.1 million by selling rail that has been out of service since 1981 at auction.

Wednesday, April 2, 2008

For the first time in 40 years, the Royal Mint has chosen a new set of designs for the reverse of the coins, first introduced in the Coin Design Competition 2005. The designer, Matthew Dent of Bangor, North Wales, was paid £35,000 (GBP) for his designs, which depict the Shield of the Royal Arms spread over the six denominations below £1, with the entire shield embossed on the £1 coin.

The new coins are expected to come into circulation this summer – and Mr Dent envisions a success: “I can imagine people playing with them, having them on a tabletop and enjoying them. I felt it was important to have a theme running through from one to another.” he said, referring to the puzzle-like nature of the new design, which requires the coins to be arranged in a particular way to see the Shield of the Royal Arms.

The chief executive of the Royal Mint, Andrew Stafford, has said that the obverse of the coins will still depict the portrait of the Queen, like it has since 1998. The old coins will remain legal tender until they slip out of circulation.