Friday, November 3, 2006

On November 13, Torontonians will be heading to the polls to vote for their ward’s councillor and for mayor. Among Toronto’s ridings is Beaches—East York (Ward 32). Four candidates responded to Wikinews’ requests for an interview. This ward’s candidates include Donna Braniff, Alan Burke, Sandra Bussin (incumbent), William Gallos, John Greer, John Lewis, Erica Maier, Luca Mele, and Matt Williams.

For more information on the election, read Toronto municipal election, 2006.

Wednesday, February 22, 2006

The Bathurst Regional Council has begun preparing the Mount Panorama motor racing circuit for the inaugural Bathurst International Motorsport Festival (BIMF) to be held between April 13 and 16, 2006. The Mount Panorama motor racing circuit is considered to be the home of motorsport in Australia.

Council’s staff have been busy cleaning the facilities, erecting signage, checking pedestrian bridges and inspecting the track surface for the past few days.

The BIMF will be the first event to be held at the 6.2 kilometre circuit over Easter since 2000. In 2000, Event Management Specialists held the first motorcycle racing event since 1990, but due to EMS going bankrupt a short time after their 2000 event was ran and the inability of the then Bathurst City Council to find another promoter, the Easter event was canned.

The BIMF is inspired by the Festival of Speed and Goodwood Revival in the United Kingdom. The Bathurst Regional Council and event promoter Global Entertainment Team promise that the event “will cater for all motoring enthusiasts, collectors and historians”.

According to the BIMF website, the on-track program consists of:

• Manufacturers showcasing their vehicles and track times
• Historic touring car races
• Aussie racing car races
• Australian GT sports car
• Parade laps by car clubs
• Parade laps and races by “Legends of Motorsport”
• Stunt car and bike events
• Rally cars
• Displays of cars from all eras of Mount Panorama’s history
• The chance for patrons to purchase a ride around the circuit in a race car.

Off the track, the organisers have promised manufacturer displays, merchandise stands, music, joyflights, Off-road demonstrations and joyrides, autograph sessions and interviews with influential people in the Australian motor industry.

Tuesday, August 2, 2005

Massey Energy Co., the fourth largest coal producer in the U.S., filed a federal lawsuit against the Governor of West Virginia, Joe Manchin.

Massey’s CEO Don Blankenship alleged that Gov. Manchin acted in retaliation against the company’s coal mining operations because the company spent $650,000 in an advertising campaign to defeat the governor sponsored pension bond proposal. The $5.5 billion bond proposal, intended to shore up the state’s sagging pension plan, was defeated in a special election held in June.

The Massey lawsuit, filed last Tuesday on July 26 in the U.S. District Court in the W.V. southern district, was referred to by Gov. Manchin as having less to do with the bond proposal than with the newly increased state “severance tax” on coal. Nearly 40 million tons of coal production will be subject to the 56-cent tax.

According to Blankenship, that tax amounts to $22.4 million in additional costs for the company, but he denied the increase has anything to do with the lawsuit.

The company reported profits that almost tripled during the second quarter compared to a year ago. Of the company’s rosy earnings picture, Blankenship urged states to “show some frugality” by not placing tax burdens on coal to solve state budget shortfalls. He said his company is “playing a role” because there was no need for the bond sale and the state can afford to make payments into the pension system.

Blankenship acknowledged during a conference call the now-rescinded June 30 permit by the W.V. Department of Environment Protection (DEP). At issue was the department’s permit for mining operations near the Marsh Fork Elementary School, in Sundial, W.V. The school rests at the base of a mountain selected by Massey for “Mountain Top Removal” (MTR) mining techniques. Along with the mining equipment, a coal preparation plant and a sludge pond were established on the mountain. Protest groups, mainly the Coal River Mountain Watch and Mountain Justice Summer, presented a list of demands to Massey officials that included shutting down the preparation plant, ceasing all MTR mining above the Marsh Fork Elementary School, and abandoning plans for a second coal silo near the school. They also ask that the Marsh Fork school be cleaned up or relocated. The state permit for a second coal storage silo was rescinded by the DEP the same day Massey filed the Manchin lawsuit.

Gov. Manchin in June said that Blankenship could expect tougher state scrutiny of his business affairs since the Massey media campaign against the pension bond proposal. “I think that is justified now, since Don has jumped in there with his personal wealth trying to direct public policy,” he said at an appearance at an American Electric Power event in Putnam County.

Monday, January 23, 2006

At 11:45am on January 16, in Vladivostok, Russia, a fire broke out on the three upper floors of the Sberbank building.

Photographs taken by eye-witnesses show people, who were trapped, dropping from 8th floor windows to their deaths. According to some reports the firemen who were dispatched to the scene were pre-occupied at the rear of the building. They had apparently been ordered to evacuate the bank and its management from the area, which was not under immediate threat.

Official Russian media initially denied the fire, accusing the reports of being false.

Russian media later confirmed 7 and then, 9 dead. Witnesses and those rescued from the burning building have claimed that the figure exceeds 50.

A maintenance employee who worked in the building was quoted as saying, “I know at least about 13 dead inside … that’s the least I’ve noticed, not to consider those who’ve dropped down … 8 of them dropped, looking at the three already dead on the ground, but they went through the windows without hope to be rescued … They collected and hid the dead bodies inside. I work at this building! I know its layout very well! To declare, as it become clear, a less number of the dead later.”

“My daughter worked in a justice department,” – Natalia, one of the witnesses said. “She said that there were actually much more dead – up to 70. She went on the dead bodies, getting out from the building … some of them were so scorched, that it was impossible to identify them… 9 victims? That’s a lie!”

Georic, a witness: “The cops (“menty”), whom I know, say that they’ve been loading the dead bodies all night long.”

Lelya has posted her evidence on January 21, 2006 on the web-site http://news.vl.ru/vlad/2006/01/18/tradegy/ “My brother worked in that building, on the 6th flour. So, the night after the fire they visited the building to collect the documents, etc. and they saw how workers transported the dead bodies. He said, there were 50-60..”

Saturday, May 31, 2008

Space Shuttle Discovery has successfully launched from Launch Complex 39A at the Kennedy Space Center in Florida, beginning mission STS-124. Discovery will deliver the main pressurised module of the Japanese Experiment Module to the International Space Station. Lift-off occurred at 21:02:12 GMT this evening, with the ascent to an initial sub-orbital trajectory lasting approximately eight and a half minutes. Orbital insertion occurred shortly afterwards, with a circularisation burn which concluded at 21:42 GMT.

This is the third Space Shuttle mission of 2008. STS-124 is the second of three missions to assemble the Japanese Experiment Module, also known as Kibo. The JEM Pressurised Module (JEM PM or JPM) is the largest laboratory module of the International Space Station, and one of the largest payloads ever launched by the Space Shuttle. The main Japanese robot arm, or RMS, will also be launched on this mission. Discovery’s mission is scheduled to last for fourteen days, however it can be extended by two days if necessary. Three spacewalks, or EVAs, are planned to be conducted.

STS-124 has a crew of seven astronauts; Mission Commander Mark E. Kelly, Pilot Kenneth Ham, Mission specialists Karen L. Nyberg, Ronald J. Garan, Michael E. Fossum and Akihiko Hoshide, and Expedition 17 crewmember Gregory Chamitoff. All crewmembers are American, except Hoshide, who is Japanese. The astronauts were awoken at 11:30 GMT on launch day, and began preparations for their launch. This is the first spaceflight for Ham, Nyberg, Garan, Hoshide and Chamitoff, the second for Fossum, and the third for Kelly. The launch coincides with Kelly’s father’s birthday.

Preparations for launch had been underway for several months. The External Tank arrived at the Kennedy Space Center in late March. Following tests in a checkout cell, it was mated with two solid rocket boosters which had been assembled on a Mobile Launch Platform. Discovery was then rolled from the Orbiter Processing Facility to the Vehicle Assembly Building for mating with the External Tank and boosters. Rollover occurred in late April, and was followed by rollout to the launch pad about a week later.

The Kibo pressurised module arrived at the Kennedy Space Center in May 2003 by ship. It was then moved to the Space Station Processing Facility. Electrical interface tests with the Harmony node were conducted in August 2003. At the end of April 2008, the module was placed in a transportation canister, and moved to the launch pad. The payload arrived at the launch pad about a week ahead of the Shuttle. Once Discovery arrived at the launch pad, the module was placed into Discovery’s payload bay. Owing to the size of the payload, there was no room in Discovery’s’ payload bay for the Orbiter Boom Sensor System (OBSS), a safety device used primarily to inspect the Shuttle Orbiter’s heat shield. As a result of this, Endeavour left its OBSS at the International Space Station, during the last Shuttle Mission, STS-123. Discovery’s crew will collect this during an EVA.

Fueling of Discovery’s External Tank in preparation for launch began at 11:50 GMT. By 12:50, it had been confirmed that initial tests on Engine Cutoff (ECO) sensors in the External Tank had been conducted successfully. ECO sensor failures had caused a number of delays to recent Shuttle launch attempts, and STS-124 is the first mission to use a modified tank, which is intended to eliminate such faults. At the time at which tanking began, weather forecasters predicted an 80 percent chance of acceptable conditions at the scheduled launch time. Fuelling was completed, and topping up of cryogenic propellant began, at 15:36. In addition to the ECO sensor modifications, this was the first mission to use an External Tank manufactured after the Columbia accident in 2003, and therefore the first tank to have all safety enhancements built into it, rather than retrofitted.

The terminal countdown resumed after a planned hold at T-3 hours, at 17:07 GMT. Crew walkout from the Operations and Checkout building at the Kennedy Space Center occurred at 17:12. Following walkout, the crew boarded a bus known as the “astrovan”, which was used to transport them to the launch pad. The crew arrived at the launch pad at 17:31, and began boarding Discovery at 17:38. As Mission Commander, Mark Kelly was the first to board the orbiter. He was followed by Chamitoff at 17:42, Ham at 17:52, Fossum at 17:55, Nyberg at 18:08 and Hoshide at 18:11. Ron Garan was the last to board the orbiter at 18:21. Pad technicians known as the closeout crew, assisted the astronauts with boarding the Shuttle, and getting strapped in. The pad technicians were cleared to close the orbiter’s access hatch at 19:02 GMT, and the hatch door was closed two minutes later at 19:04. Sealing the hatch was completed at 19:54.

A scheduled ten-minute hold at T-20 minutes began at 19:47 GMT. During this hold, the closeout crew put thermal insulation plugs into screwholes on the orbiter’s hatch, removed protective covers, and disassembled the white room, a collapsible structure at the end of the crew access arm which is used to access the spacecraft. The countdown resumed at 19:57. At that time, no problems were being worked.

The final built in hold, at T-9 minutes and lasting for 45 minutes and 12 seconds, began at 20:08. During this hold, flight controllers set the exact launch time to be 21:02:12 GMT, and confirmed that the launch window would end at 21:08:59 GMT. The countdown was set to resume at 20:53:12. Shortly before the end of the hold, the launch director described conditions as a “gorgeous day to launch”, and wished the crew “good luck and Godspeed”. Mark Kelly thanked him, and replied “whilst we tend to live for today, Discovery, with Kibo, will certainly deliver hope for tomorrow”. Countdown resumed on time at the end of the hold, and the automated Ground Launch Sequencer was initiated.

When giving clearance to retract the Orbiter Access arm from the Shuttle, seven minutes before launch, the Orbiter Test Conductor wished the crew “best of luck delivering JEM to the International Space Station”. Four minutes before launch, the engines were purged of gasses, and tests of the flight control surfaces began. Liquid hydrogen tanks were pressurised shortly after at T-3 minutes, and the fuel vent cap was retracted. Two minutes before lift-off, the crew were instructed to close and lock their visors, and the liquid oxygen tank was pressurised. At T-50 seconds, the orbiter switched to internal power, and the Shuttle’s flight computers took over control of the countdown at T-31 seconds.

Launch occurred on schedule at 21:02:12 GMT. The Solid Rocket Boosters separated about 120 seconds into the flight, and around eight and a half minutes after launch, the Main Engines (SSMEs) shut down, and the External Tank was jettisoned. At this time, Discovery was on a 65km x 217km x 51.6° sub-orbital trajectory. Orbital insertion followed about thirty minutes later, with a firing of Discovery’s OMS engines. This burn started at 21:39 GMT, and ended at 21:42, lasting two minutes and 44 seconds.

At the time of launch, the International Space Station was flying over the Atlantic Ocean, South-East of Canada. Following launch, a fault was detected with the backup electrical system controlling the left OMS engine gimbal actuator. As it was a backup, flight controllers predicted that it would have no effect on the mission, and all scheduled burns will go ahead. The fault was later traced to the failure of both transducers in the unit, and it was reported that the problem was probably due to an equipment malfunction as opposed to a faulty sensor. When asked about the faulty actuator, NASA Administrator Mike Griffin stated that at the “worst case it would be a loss of redundancy but we will still be able to use that system”. Discovery’s payload bay doors were opened at 22:35 GMT. At 23:09, the crew were cleared to begin on-orbit operations.

Processing and countdown progressed smoothly, and were described by Discovery’s processing and launch flow director, Stephanie Stilson, as being “a very clean flow”. Mission Commander Mark Kelly remarked that there had been a “historic low on spacecraft issues”. Around four hours prior to launch, Stilson remarked that there had been 73 anomalies detected so far. The smallest number of anomalies during the countdown for a previous mission was 76, for STS-103.

Moron AFB in Spain was considered the primary transoceanic abort landing (TAL) site, should an engine failure, or other major problem have occurred during early ascent. Istres in France was considered the backup TAL site. The weather at both of these sites was good, however no abort was required during the launch.

This is the 123^rd Space Shuttle mission, and the 35^th to be flown by Discovery. Ten further missions are planned, including two contingency logistics flights, prior to the Shuttle’s retirement in 2010. Discovery is assigned to three of these missions. It is next scheduled to fly in early 2009, on mission STS-119. The next Space Shuttle mission will be conducted by Atlantis, which will fly STS-125, the final mission to service the Hubble Space Telescope. This is the fourth manned, and 27^th orbital launch of 2008.

At a press conference following launch, NASA Administrator Mike Griffin stated that it was “a huge day for the space station partnership”, and that the International Space Station was “a place in orbit where we can learn to live and work in space”. He congratulated JAXA on the launch of the Japanese Experiment Module, saying that “Japan has now built a first class laboratory…which is capable of supporting humans in space”, and that “with this step Japan has shown itself to be capable of performing at the highest levels of space exploration”. Griffin also stated the STS-124 is “an essential step” in the Space Station programme. When asked by a reporter how he felt about recent NASA successes, including the STS-124 launch, and the landing of the Phoenix probe on Mars last Sunday, he joked that it felt “so great that not even having to do a press conference, two press conferences in a week can ruin it”. When asked about the difficulty of what NASA was doing, he remarked that flight controllers “make it look easy”, but “it is so far from being easy that I could talk until 6am tomorrow, and I wouldn’t touch on how difficult it is”.

NASA Associate Administrator for Space Operations Bill Gerstenmaier said that it was “a great day for the launch”, and described STS-124 as a “pretty challenging mission”. Gerstenmair stated that five foam debris impacts had been identified during ascent, but that NASA “don’t consider this a big deal, they were all late”. When asked what he meant by ‘late’, he explained that after 123 seconds into the flight, pieces of falling foam debris “can’t build up enough velocity to hit the orbiter, or if they hit the orbiter they will just bounce off” He went on to say that “things look really well and look really good”, and that NASA have “no concern” about foam, “It’s not an issue to us”.

Launch Integration manager LeRoy Cain described it as a “flawless countdown and a flawless launch”. He said that STS-124 is “a big milestone for us”, and went on to explain that “this is the most important mission we have going right now”. He also stated that the “tank’s performance looks really good”.

Launch Director Mike Linebach stated that it was a “Fantastic launch”, that was tying for the lowest faults during a countdown, with 74 issues reported. Stephanie Stilson has previously stated that the record was 76 issues, so it is unclear whether STS-124 has set a new record, or is tying with the previous record. Linebach went on to describe the launch as “outstanding”.

Keiji Tachikawa, the President of JAXA said that he “was very delighted to see the Shuttle Discovery successfully launched”. He stated that the Kibo module would “significantly enhance the capability to perform experiments in orbit”, and that experiments conducted aboard the Space Station, and the Kibo module, would lead to “better daily lives for the people of our planet”. He also expressed his “profound appreciation to NASA, and all international and domestic organisations” involved in the launch, explaining that the mission is “very significant to Japan”.

Friday, December 21, 2007

A judge has issued a ruling in the 1998 bombing in the Northern Ireland town of Omagh. Defendant Sean Hoey, who faced 56 charges relating to a car bomb that killed 29 people and injured more than 200, has been found not guilty.

A stunned silence in the public gallery of Belfast Crown Court greeted the verdict in the worst bombing during three decades of so-called troubles in Northern Ireland. Electrician Sean Hoey, 38, was accused of being the principle bomb-maker in a group of conspirators. Only one other person was charged in the case and he is awaiting retrial after having his conviction overturned.

Hoey was said to have been among those who broke away from the Irish Republican Army months after the Good Friday Peace Agreement was negotiated.

In summing up, Judge Reginald Weir said he was critical of forensic evidence presented by the prosecution that relied heavily on a new kind of DNA testing. He also criticized the police for how they handled and stored the evidence, with possible cross-contamination. The judge also singled out two police officers who he said had exaggerated in order to gain a conviction.

For families of the victims, it was a disappointment after waiting nearly a decade for justice. Lawrence Rush lost his wife in the blast. He was in the courthouse when the decision was announced.

“It is devastating,” he said. “It is a disaster the way that this investigation was held, and I can say no more about it. All I know is that I am tired, you know, and I am exhausted. It has been a long corridor, 10 years of pain and hope.

“The legal system is here to protect human rights,” said Victor Barker, who lost his son in the attack. “It is here to protect Sean Hoey’s human rights. I am a lawyer, I believe in the system. Sometimes I find it hard to live with, but I must stand by it because that is the system of justice which ordinary decent people in this country live by. It is only a great shame that my son and the 29 people that died in Omagh had no human right at all.”

Families of those killed are now calling for a full public inquiry into the bombing. It is also possible that a civil case may be pursued next year.

A compilation of brief news reports for Monday, February 5, 2007.

Friday, May 6, 2005

On Thursday the 22nd of March, 2005, Anna Ayala, a woman from Las Vegas, claimed to have found a human finger in her bowl of chili at a Wendy’s restaurant located at 1405 Monterey Highway, just south of downtown San Jose, California, owned by Fresno-based Jern Management.. The finger, which probably belonged to a woman as it had a long and manicured fingernail, did not belong to any of the restaurant employees. The food supplies were seized by officials to be traced back to its manufacturers, while the restaurant was permitted to open again later with chili prepared from fresh ingredients.

Wikinews reporter David Vasquez drove his car up to the drive-thru menu and found that chili was still on the menu, at a price of US$1.19 for a small serving. He also witnessed workers unloading supplies from a semi-trailer truck in the restaurant’s parking lot, and carting them into the back door of the establishment.

Initially, county health officials said Ayala was fine and the finger had been cooked, which would have killed any bacteriae in the finger. However, on March 27, officials admitted they were not so sure anymore. Tests were done on the finger to determine this. Dr. Martin Fenstersheib, Santa Clara County’s health officer, said that even if the finger was still raw when Ayala bit into it, the risk was low that she would have become infected with anything. However, he advised that Ayala should undergo a series of precautionary follow-up tests.

Sales at Wendy’s went down because of the incident. Wendy’s International, Inc. (WEN) closed at US$39.43 on Thursday the 22nd, and as the stock exchange was closed for the Good Friday holiday, traders did not weigh in the stock until the next Monday.

By Tuesday the 5th of April, officials had still not succeeded in tracking down the owner of the finger. The fingerprint on the detached digit has been run through an FBI database as well as the local criminal database in Santa Clara County, but no matches were found. According to Rich Reneau, who was leading the investigation at the time, the fingerprint was marginal, and the likelihood of finding a match was slim.

Wendy’s stock did not go down significantly and was trading at US$39.37 that morning.

The next day, on Wednesday the 6th, Las Vegas police searched the home of Anna Ayala. About a dozen officers conducted the search at Ayala’s home at Maryland Parkway and Serene Street at about 4 p.m. local time (23:00 UTC), according to witnesses at the scene. Ayala and other residents were handcuffed and brought out of the house. Ayala said that her teenage daughter, Genesis Reyes, had torn shoulder ligaments as a result of the search. The Las Vegas Review-Journal ran a photo of Reyes wearing a sling in their Friday edition. In San Jose, police spokeswoman Gina Tepoorten confirmed to reporters that investigators had served the warrant in cooperation with Las Vegas police on Wednesday, but she refused to reveal specific details about the warrant. By that time, Wendy’s was offering a US$50,000 reward for information leading to the source of the finger.

Research by the Associated Press uncovered Ayala’s history of lawsuits. Ayala successfully won her suit for medical expenses against the national El Pollo Loco chicken-chain, a previous employer, after her daughter Genesis contracted salmonella poisoning, allegedly from eating at the restaurant. However, Ayala lost another suit against General Motors in 2000 claiming that a wheel fell off her car. She also started a sexual harassment suit against her former boss in 1998. A total of 13 lawsuits in California and Nevada had been filed. Ayala replied the focus should be on Wendy’s, and not her record of law suits. Nick Muyo, a spokesman for the San Jose Police department, said not to expect new information in the case for at least a week.

On Wednesday the 13th there was a potential new lead in the investigation. A spotted leopard had torn off part of a finger from an owner of exotic animals, Sandy Allman, in Pahrump, Nevada. The portion of Allman’s torn off finger was approximately the same size – 1 1/2-inches long. Pahrump is approximately 45 miles away from Las Vegas. Carol Asvestas, who owns an exotic animal sanctuary, told the San Jose Mercury News she witnessed the leopard tear off the finger. She reported the incident to a hotline run by Wendy’s offering the US$50,000 reward. Cindy Carroccio told the San Jose Mercury News that the finger was not reattached, and that the clinic “gave it back to her (Allman) in a little bag of ice.” On the same day the lead was announced, Ayala decided to drop her lawsuit against Wendy’s, due to emotional stress.

However, when Allman’s prints were sent to San Jose police, they didn’t match. Two days later, on Friday the 15th, Wendy’s doubled the reward to US$100,000. The company revealed that employees had passed polygraph tests. Wendy’s continues to claim that there is no evidence that the finger ever entered their supply chain, pointing to a lack of any accidents among the workers at their suppliers. Wendy’s tip line had received reports from across the United States, from “folks who either have lost a finger, or know somebody who lost a finger,” San Jose police Sgt. Nick Muyo told the Associated Press.

On Thursday the 21st of April, Anna Ayala was arrested at or near her home in Las Vegas on Thursday evening, in connection with the case, shortly after Wendy’s finished its own internal investigation. According to court documents, she has been charged with one count of attempted grand larceny related to the chili case, and one count of grand larceny in an unrelated real estate deal, and is being held without bail in Clark County, Nevada, pending extradition. A press conference by the San Jose Police and Wendy’s was held on Friday, April 22, at 13:00 PDT. The charge related to the case states the finger could not have been prepared at Wendy’s, where the chili is heated to 170 degrees for 3 hours. There is also an inconsistency in Ayala’s account of finding the finger and claiming it caused her to vomit compared with police saying there was no vomit at the scene. The incident has caused Wendy’s 2.5 million dollars worth of damages, which Ayala could be criminally responsible for. Until recently, the San Jose police had not accused Ayala of planting the finger herself.

The unrelated charge stems from an incident, also in San Jose, when Ayala allegedly received an $11,000 down payment on a mobile home she did not own.

Ayala was incarcerated at the Clark County Detention Center, awaiting a fugitive review hearing on Tuesday, April 26, 2005, at 7:30 a.m. local time. She was processed and given inmate ID 01964047. Her case number was 05F07229X. Ayala waived extradition at the hearing, and her attorney said they were ready to come to San Jose to defend against the charges.

On Friday, May 6, 2005, Ayala was transported to San Jose, California. Ayala was booked into the main Santa Clara County jail, and is awaiting arraignment. Ayala will likely be arraigned on Monday or Tuesday at the Santa Clara County Superior Court, according to Santa Clara County Deputy District Attorney David Boyd.

On September 9, 2005, Ayala plead guilty to conspiring to file a false claim and attempted grand theft, and will be sentenced on November 2, 2005. She faces up to ten years in prison, and her husband faces up to 13 years behind bars.

Until the middle of May, the owner of the finger still had not been found.

But on May 13, 2005, police announced that they had identified the finger tip as belonging to an associate of Ayala’s husband [1]. The associate had lost his finger tip in an industrial accident at an asphalt company[2] in December, 2004. Police had received the information from an undisclosed caller to Wendy’s hot-line.

Photos related to this incident:

• The Wendy’s location where the finger was discovered, shortly after closing time March 22

• Chili was still on the menu as the restaurant closed for the evening on March 22

• Workers unload fresh supplies after closing time on March 22

• The Wendy’s location on March 27

• Ayala residence in Las Vegas, Nevada, shot on April 22, 2005 by Wikinews contributor David Vasquez

• Note on Ayala residence door, photographed on April 22, 2005 by David Vasquez

Thursday, September 18, 2008

Stock indexes around the globe reacted favorably after several national banks announced a joint effort to pump more money into the markets.

At 0800 UTC, the Bank of Canada, the Bank of England, the European Central Bank (ECB), the United States Federal Reserve, the Bank of Japan, and the Swiss National Bank jointly announced that they would be working together to provide reciprocal credit arrangements to institutions facing a financial crush from the U.S. dollar. The credit arrangements, also known as “swap lines“, will be used to help short-term funding of smaller loan groups.

Totaling US$180 billion, the Federal Reserve arranged to increase existing swap lines with the European Central Bank from US$55 billion to US$110 billion, and with the Swiss National Bank from US$12 billion to US$27 billion. Additionally, it opened new swap lines with the Bank of Japan for up to US$60 billion, up to US$40 billion with the Bank of England, and up to US$10 billion with the Bank of Canada. These swap lines will be available until January 30, 2009.

In its press release, the Federal Reserve stated, “These measures, together with other actions taken in the last few days by individual central banks, are designed to improve the liquidity conditions in global financial markets. The central banks continue to work together closely and will take appropriate steps to address the ongoing pressures.”

In the first 90 minutes in the American stock markets, the Dow Jones surged nearly 200 points, the NASDAQ was up nearly nine points, and the S&P 500 was up nearly 15 points. Mid-day trading in the European markets saw the UK’s FTSE 100 was up 25 points, the DAX was up over 54 points, and the CAC 40 was up nearly 15 points. While Japan’s Nikkei index closed at a three-year low of 11,489.30 points, and the Hang Seng bottomed out at 16,283.72 points before closing at 17,849.97 points.

The Russian markets continued to remain closed for a third day under orders of the Russian government. Russia announced that it would be infusing their own markets with an additional US$19.7 billion, half of which would come from the federal budget. Russia’s exchanges will re-open on Friday morning.