Page 54 of 124

Ontario Votes 2007: Interview with Liberal candidate Kate Holloway, Trinity-Spadina

Monday, October 1, 2007

Kate Holloway is running for the Ontario Liberal Party in the Ontario provincial election, in the Trinity-Spadina riding. Wikinews’ Nick Moreau interviewed her regarding her values, her experience, and her campaign.

Stay tuned for further interviews; every candidate from every party is eligible, and will be contacted. Expect interviews from Liberals, Progressive Conservatives, New Democratic Party members, Ontario Greens, as well as members from the Family Coalition, Freedom, Communist, Libertarian, and Confederation of Regions parties, as well as independents.

Retrieved from “https://en.wikinews.org/w/index.php?title=Ontario_Votes_2007:_Interview_with_Liberal_candidate_Kate_Holloway,_Trinity-Spadina&oldid=4495432”

Teachers at Australian school shocked at no warning over redundancies, can apply before ‘externals’

This article’s primary contributor, Patrick Gillett, is an alumnus of Sunshine Coast Grammar School.

Monday, August 30, 2010

A deal between Sunshine Coast Grammar School headmaster Nigel Fairbairn and the Independent Education Union of Australia has ended a week of uncertainty for 22 of the Queensland, Australia school’s staff.

Last week Wikinews obtained a list of 22 middle management teaching staff allegedly made redundant, or laid off due to restructuring. The restructuring is, apparently, designed to get teachers back into the classroom.

During the week, staff, students, alumni and parents had accused the headmaster of being dishonest and not “tak[ing] a single question” on the issue.

“At 10am there were 21 teachers with big question marks over their employment but by 1pm they had the assurance they would be able to apply for new positions before external applicants,” union secretary Terry Burke said. “Mr Fairbairn said it was clearly the school’s preference to continue the employment of existing staff. It is our view the existing staff are more than capable of taking on the new positions.”

Sunshine Coast Grammar is a private Christian school approximately 95 km (60 miles) north of the state capital, Brisbane.

Teachers at Sunshine Coast Grammar school have told the Sunshine Coast Daily that they received no warning of any pending redundancies. Independent Education Union of Australia representative and school careers counselor Maria Campanini said “teacher morale is very low and people are very disappointed and disillusioned”.

Ms Campanini said that staff were saddened by the handling of the situation by headmaster Nigel Fairbairn. “We got an email announcing a meeting and I thought it would just provide some feedback about the review,” Ms Campanini said. “But the 21 teachers whose jobs were directly affected were herded into a room, Mr Fairbairn read out a prepared statement, turned on his heel and left. He didn’t take a single question. We were just left sitting there in shock.”

An anonymous staff member told the Sunshine Coast Daily that, “Some teachers, who rely on the income and whose positions were abolished, were very distraught and they had to go to class. It appears we’re not valued in the school community, not to be even asked our opinion as to what might be the best outcome, to try and make it work.”

According to Ms Campanini, one of the teachers being made redundant is 30 weeks pregnant with another returning to work after maternity leave. “It’s really stressful for all the people involved,” Ms Campanini said. “People can understand the need for restructure when it’s explained, but we’re none the wiser.”

“When it all happened on Friday, it was morning tea time and a lot of us had to go back in the classroom and teach all afternoon,” the anonymous staff member said.

Parents have accused Fairbairn of constantly changing his version of events, with one telling the Sunshine Coast Daily that, “The school board does not have independent parents on the board, which makes no sense at all. From what I have gathered, Mr Fairbairn is not interested in having parents involved in the decision-making processes.”

Mr Fairbairn is trying to go into damage control and his story keeps changing. He’s told parents this restructure was not financially motivated but has told teachers the complete opposite thing. This is it. The gloves are off.

“Mr Fairbairn is trying to go into damage control and his story keeps changing,” said Julie Hopkins, another Grammar parent. “He’s told parents this restructure was not financially motivated but has told teachers the complete opposite thing. This is it. The gloves are off.”

Wikinews obtained a list of middle management staff allegedly made redundant, or laid off due to restructuring, by the Queensland, Australia school. Sources say that those staff have been told that they can apply for new positions that have opened up.

The list, published on the SCGS alumni Facebook page, contains the names of twenty-two staff members. Seventeen positions are reportedly being opened up, eight of which seem to significantly overlap the old ones.

Mr. Fairbairn “replaced the open and welcoming culture … with the tyrannical and oppressive one.”

The changes are, apparently, designed to get teachers back into the classroom. “We are not cutting subject choices and extracurricular activities, but retaining a student-driven curriculum that integrates with the new Australian Curriculum, in keeping with our commitment to teaching and learning opportunities,” said headmaster Nigel Fairbairn.

Wikinews understands that Fairbairn attracted criticism when he was a head teacher in Christchurch, New Zealand, where a former student claimed that Fairbairn “replaced the open and welcoming culture … with the tyrannical and oppressive one.” Fairbairn refused to comment on the criticism.

People are angry and shocked. I am aware of at least 10 families who have said they will pull their children out of the school – it’s that bad.

Fairbairn’s statement came under attack from 2009 graduates who, in a open letter posted on Facebook, said, “It is also hugely hypocritical to attack these teachers for not spending enough time in the classroom, when from firsthand experience the only time Mr. Nigel Fairbairn was ever sighted was during assembly (which he mysteriously stopped attending), never mind in the classroom, therefore, it is honestly astounding that he could make such unjust and incorrect statements.”

They also expressed embarrassment “to be associated with the name ‘Sunshine Coast Grammar School’ while you are at the head of the great community which Grammar once was.”

Four of the affected teachers “were the backbone of the school when [controversy surrounded founding headmaster John Burgess] happened,” a former prefect (student leader) said. “They got it through that crisis and this is the thanks they get.”

“People are angry and shocked,” they continued. “I am aware of at least 10 families who have said they will pull their children out of the school – it’s that bad.”

The student body has not ruled out protesting the schools plans. “It’s getting to that stage,” the former prefect said. “People are trying to look at it in an intelligent way but there is so much anger out there.”

Retrieved from “https://en.wikinews.org/w/index.php?title=Teachers_at_Australian_school_shocked_at_no_warning_over_redundancies,_can_apply_before_%27externals%27&oldid=3578772”

The Complete Guide To Choosing An Online Stock Broker

We are a generation of fast-paced technology and quick transactions. The transition from searching for reports in the systematic manner in the library for hours to saying “hello google” has been quite rapid. The financial market is not unknown to this changing attitude as well. Since the world saw an immense growth in the online system especially during the year of 2020, the online game changers have been the online stock brokers. Launched during the last decade and evolving in their functionality, they have their fair share in the market. What’s in it for you is that this particular decision could be the difference between an exciting source of income or a frustrating disappointment. While there is no magic trick to make quick profits, there is a still a way to set yourself a way to succeed. First, let us understand who these online stock brokers are and how they make a difference.

Who are the Online Stock Brokers? How are they different from the traditional brokers?

In plain terms, an online stock brokers is the one that interfaces with customers over the Internet instead of face-to-face. They work same as the middlemen like the traditional brokers but operate online but the work ability is quicker and efficient. They have a faster processing of trades and have greater control to execute any function. It is also convenient for you as you can place orders, check quotes and make changes from anywhere you want to. It is far easier now than ever to open an online brokerage account. Some of the common example are Zerodha, Upstox, Angel Broking, IIFL, etc.

The steps you need to know to choose your perfect online broker

There are several steps attached to choosing the right online broker which requires some due diligence to get the most for your money and investment:

Step 1: List down what you need

Before diving into this pool of brokers you must analyse where you stand in terms of your experience. As a rookie, you will be looking for basic education resources, easy practices to trade, support staff and other methods to check the level of the platform but as an experienced investor, you might want to look at the condition of order options, the fixed-income securities and ability to trade derivatives, mutual funds and others. You need to be honest with yourself and keep refining your goals as you will face further questions in your journey. Some questions you might have to answer yourself are:

  • Are you looking for a full time investing experience daily or a long hold position?
  • What is your experiences and what kind of trades you wish to execute?
  • What are your goals and what are you choosing investing for?

Once you are clear with the solutions of these questions, you’ll yourself be able to distinguish between the platforms.

Step 2: Negation works well

Remember when in the MCQs, you didn’t know an answer so you removed the ones which seemed far-fetched and came down to 2 out of 4. Similarly, you can narrow down the brokers based on the services you are looking for. One should check out if the brokerage firm a member of the Securities Investor Protection Corporation (SIPC), Financial Industry Regulatory Authority (FIRA), and offers checking or saving accounts covered by the Federal Deposit Insurance Corporation (FDIC). You should also question on their insurance policy, protection against fraud and the reviews of their current customers. Some other points to look at are:

  • Technology used to keep your account safe.
  • If the company selling your information (Beware of that)
  • What kinds of account does the broker offer beside the standard investment accounts?

Step 3: Figure out the Fees

A clear idea should be there in your mind when you have to pay a higher or a lower price for the same features on different platforms. Also, you would like to lose as little of your investment returns as possible to accounting fees and trading commissions. There are several charges attached so note these ones to compare and consider:

  • Fees for opening an account
  • The minimum amount of balance to be kept
  • Annual and monthly charges accompanied
  • The margin rates and the minimum loan amount
  • The factors on which trading commission depends
  • Commission rates for different securities
  • Are there any free or reduced priced trades?
  • What is the costing for the advisory services?

Step 4: The Platform is the Master

The access of online brokers requires everyone to have a fast processing interface which provides easy accessibility and have variety of tools. One must analyse all the platforms, their tools, their packages, features and how the trade is taken place on those platforms. Some questions you might ask yourself here are:

  • Do the platform allow to trade all types of securities?
  • Do you have a real time screening of the stock prices?
  • Can you set up watch list and alert for further news and notifications?
  • Kinds of orders that you can place
  • Your control over the whole trade transaction
  • And other features as available

Step 5: Education Component

Consider yourself who wants to inquire and know about certain terms, will you keep on switching between tabs or want them altogether at one place? User-friendly is one thing but to search the broker’s platform to know about the educational offerings, the source of the information, the accessibility of the information, and the beginner’s guide to investing.

Step 6: The Ease of depositing and Withdrawing Funds

To transact is to deposit and withdraw and you should compare the modes through which you can deposit your money, the duration for your deposited funds to settle, the regular checks of the funds, the duration for your sale of investments to settle and the ease to withdraw funds.

Step 7: Customer Service

Till this point, you might have made your choice but if you still not there, you might consider during and after services of the online broker. See if they are easily available around the clock or not is there any reporting system if you are into any troubles or an automated number for general queries.

Should you prefer them in the long run?

With the progress, there lies some insecurities as well. To trust, it needs care and you need to be careful to avoid any scammers out there. There are many online broking platforms out there but you must be aware not to get trapped in the web of low price or additional features. Check the authenticity because it’s your money after all.

Conclusion

Since we know all about the online broking system and how to select the best one for us, what are you waiting for? It is time for you to select the best of the best and invest in the company of your profitable choice. Keep refining your market knowledge with legal, financial and daily news where you get to learn through which you earn. For any further doubts or queries, if your online stock broker is not able to provide it, you know the right place to come to.

Japan to use renewable energy

Tuesday, August 16, 2011

A new law which seeks to utilise reusable energy and minimise cost impact on consumers is under development in Japan. The new law, which would be effective from July 1 next year, would seek to reduce Japan’s dependency on nuclear power.

The new legislation would urge power utilities to cut costs by purchasing renewable energy from outside companies and private businesses. Japan’s decision has been referred to as opening the door on renewable energy, which currently only contributes to six percent of Japan’s energy sources.

Politicians have amended the bill, allowing the revised bill to pass through parliament later this month. Prime Minister Naoto Kan who is pushing for the bill to be passed in return for his resignation, has stated that the ‘feed-in-tariff on renewable energy will be set at a fixed price so that utilities are limited to purchasing electricity from renewable power generators. Kan hopes that this will encourage more business and private corporate partners to enter into the renewable energy market.

“As a medium-term revolutionary energy and environmental strategy, we have decided to start a thorough review of nuclear power policy and draw a roadmap for a reduction of the dependence on nuclear power” Mr Kan said.

Large companies are concerned about the new legislation as it will continue to affect profit margins which are low due to power shortages and high priced exports. The bill was changed to reduce the surcharge for large power companies after complaints from the Japanese steel industry. If the scheme is launched then consumers will face an increase on electricity bills as utilities can pass their costs onto end-users. Despite the governments promise to cap the surcharge for the next ten years, there is no reference to it in the revised bill.

Lawmakers hope that by adding a provision requiring utilities to streamline their operations, the impact on consumers will be minimized.

A third party group will be set up within the under the Agency for National Resources and Energy to ensure that the setting of fixed prices are fair and just.

Retrieved from “https://en.wikinews.org/w/index.php?title=Japan_to_use_renewable_energy&oldid=3977977”

UN Report: Earth ecosystem in peril

Thursday, March 31, 2005A report Tuesday from a United Nations-backed project, consulting more than 1,300 scientists from 95 countries, and written over the last four years, warns that 60 percent of the basics of life on Earth — water, food, timber, clean air — are currently being used in ways which degrade them. Furthermore, fisheries and fresh water use-patterns are unsustainable, and getting worse.

“The harmful consequences of this degradation could grow significantly worse in the next 50 years,” according to a press release from the Millennium Ecosystem Assessment (MA), a massive four-year study begun in 2001.

“We’ve had many reports on environmental degradation, but for the first time we’re now able to draw connections between ecosystem services and human well-being,” Cristian Samper, director of the Smithsonian Institution’s National Museum of Natural History in Washington and a chief architect of the study, told the Christian Science Monitor.

The project’s Synthesis Report, first in a series of eleven documents and published yesterday, explains the objective: “to assess the consequences of ecosystem change for human well-being and to establish the scientific basis for actions needed to enhance the conservation and sustainable use of ecosystems and their contributions to human well-being.”

It then goes on to report on four main findings:

  • Changes over the last 50 years to meet rapidly growing demands for food, fresh water, timber, fiber and fuel, have effected substantial and largely irreversible loss in the diversity of life on Earth.
  • Net gains in human well-being and economic development are offset by growing costs, in the form ecosystem degradation, the possibility of abrupt and unpredictable ecosystem changes, and worsened poverty for some groups. Unless addressed, these problems will substantially diminish the benefits that future generations obtain from ecosystems.
  • Ecosystem degradation could grow significantly worse over the next 50 years, presenting a barrier to meeting UN Millennium Development Goals.
  • The challenge of reversing the degradation while meeting increasing ecological demands can be partially met under some scenarios, but only with significant changes in policies, institutions and practices — changes that are not currently under way.

Walter Reid, the study’s director, speaking at yesterday’s London launch of the report said it shows that over the last 50 years “humans have changed ecosystems more rapidly and extensively than in any comparable time in human history.”

“This has resulted in substantial and largely irreversible loss in the diversity of life on Earth,” he said.

It is unclear what this will mean to future generations or the possible emergence of new diseases, absence of fresh water and the continuing decline of fisheries and completely unpredictable weather.

With half of the urban populations of Africa, Asia, Latin America and the Caribbean suffering from several diseases associated with these problems, the death toll is reaching 1.7 million people a year. Entire species of mammals, birds and amphibians are disappearing from the planet at nearly 1,000 times the natural rate, according to the study. Oxygen-depleted coastal waters and rivers result from overuse of nitrogen fertilizer – an effect known as “nutrient loading” which leads to continuing biodiversity loss.

With the United States’ non-participation in the Kyoto Treaty, former U.S. Senator Timothy Wirth, president of this U.N. Foundation, says “U.S. leadership is critical in providing much-needed expertise, technological capabilities and ingenuity to restore ecosystems.

“We can take steps at home to reduce our nation’s adverse impact on the global environment.”

“At the heart of this assessment is a stark warning,” said the 45-member board.

Retrieved from “https://en.wikinews.org/w/index.php?title=UN_Report:_Earth_ecosystem_in_peril&oldid=1882112”

I Feel Like My Husband Doesn’t Love Me Anymore 5 Questions To Ask Yourself

By Susan Willis

Only a wife who no longer feels loved by her husband knows what it is like to spend the whole night with someone and yet still feel cold and lonely. Being with a man who does not seem to love you anymore can really feel like you are already living your life alone. Sure, the two of you still share a house, financial concerns, and maybe children – but your lives are basically being lived apart.

Living in what feels like a loveless marriage is in many ways harder to bear than being actually single. Of course, actually getting a divorce and living alone means facing a number of harsh realities. But, when the love seems to have left a marriage, you have to ask yourself: why go on in your marriage? And: is there any way to get the love back?

If you find yourself saying to yourself or friends, “I feel like my husband doesn’t love me anymore,” here are 5 questions to ask yourself:

1. Do you still love him?

Of course, with this and each of the other questions posed below, it is very important to be 100% honest with yourself. Now, here goes: do you still love your husband? If you do not love him but just feel you should be married because it is the thing to do, you need to seriously examine whether your marriage is worth saving.

[youtube]http://www.youtube.com/watch?v=tbeB4xQrPg0[/youtube]

2. Has he done anything to make it impossible to respect or trust him?

If your husband has done one or more things – such as cheating on you, being physically abusive, or draining your family’s savings to feed a gambling problem – to make it impossible to respect or trust him anymore, your relationship already may be past the point of no return.

3. Do you suspect he is distracted by something outside the relationship?

Sometimes, a lack of interest in a marriage on the part of the husband or wife is due entirely to outside factors not related to the marriage itself. For example, if your husband is having financial problems, challenges at work, or is having health-related issues, he may come across to you as being much less warm and loving than he otherwise might be.

4. Does he have interest in sex, even if it is not with you?

One way that couples keep the momentum of their relationship going strong is by maintaining a healthy sexual relationship. If your husband has lost interest in your mutual sexual relationship, one question you should be asking is whether he has lost his sex drive overall, or just with you. If you believe that he has lost his overall sex drive, it could be a sign that he has a condition called Low T or low testosterone. Or, he could have depression problems. Both of these issues have nothing to do with you.

5. Does he have friends and other outside interests that make him happy?

Apart from his seeming relative lack of interest in your relationship, does your husband have other areas in his life that make him happy? For example, does he have hobbies, friends or activities that put a smile on his face? If not, one of your husband’s problems could be just a general lack of excitement about life or even depression (see above). Getting him to take the time to enjoy himself a bit more could do wonders for your marriage.

Based upon your answers to these 5 questions, you probably have a better idea now about where your relationship is and what other potential causes there could be in your husband’s seeming lack of interest in your marriage.

Now, if you still feel you want to fight for your marriage, it is time to get an action plan together to revive the love in your marriage.

About the Author: Get your difficult marriage back on track with expert relationship advice from someone who has saved thousands of marriages at:

Bring My Husband’s Love Back

.

Source:

isnare.com

Permanent Link:

isnare.com/?aid=599286&ca=Marriage

New Zealand dog saves five children; receives international attention

Saturday, May 5, 2007

A small, “nicely trained” Jack Russell Terrier gave his life to help save a group of five children from two aggressive pitbulls last Sunday in Manaia, Taranaki, New Zealand.

The dog named George is being described as a hero, gathering a huge amount of international media interest in the process.

The dog suffered massive injuries that the vet had never seen to that extent before, which resulted in 69-year-old Alan Gay, the dog’s owner, allowing George to be put down. He now regrets this decision.

The two pitbulls rushed at the group of children that George was following to the dairy, including a four-year-old. George then started barking loudly at the pair of dogs, and put himself between the dogs and the children. Mr Gay told Fox News, “If it wasn’t for George, those kids would have copped it.”

Despite having received offers of new dogs, Mr Gay has said that he will wait a while before getting another Jack Russell Terrier, as he is afraid it could happen again.

It is also believed that the two attacking dogs, which have been destroyed, were bred to be aggressive, including being fed the drug methamphetamine, commonly referred to as “P” in New Zealand.

Mr Gay has said that Manaia has had a problem with stray dogs before, but he never expected that George would become a victim.

One story ran in USA Today, which prompted over 120 comments, and one reader to personally call Alan Gay expressing their condolences.

Responding to the huge amount of media interest, Mr Gay said, “This really surprises me, and it’s marvellous. I never expected this … I’m surprised it got around the world as it did.” He says he has been getting a huge amount of phone calls from the media and the public. “The phone has been going since about half past seven this morning. Every time I hang up it rings again. It’s worn out; I might have to get a new one.”

Retrieved from “https://en.wikinews.org/w/index.php?title=New_Zealand_dog_saves_five_children;_receives_international_attention&oldid=1109239”

Bangladesh security tightened following Pilkhana massacre and Bashundhara City fire

Friday, March 20, 2009

Following the Pilkhana massacre which occurred February 25 and 26 leaving 74 dead and the inferno at the Bashundhara City shopping mall complex March 13 leaving seven dead, Prime Minister Sheikh Hasina said security measures are being tightened countrywide across Bangladesh.

Fire drills will be enacted at all key-point installations (KPI). Fire fighting systems will be examined by the fire brigade and the public works department (PWD) to ensure functionality. Security measures will be enhanced supplementing areas under private security such as at the Bashundhara City Complex.

The Fire Service and Civil Defence Department requires modernization and needs new equipment to fight fires past the sixth floor of buildings. The Fire Brigade says it needs turntable ladders, snorkels, foam-tenders, lighting units, emergency tenders, fireproof uniforms, and rescue ropes for fire fighting and rescue operations. Transportation to fires is also an issue due to narrow roads, low electrical wires and congestion.

The Bangladesh National Building Code requires fire fighting equipment installed in buildings over seven floors. This code is to be monitored by authorities to ensure compliance with the new guidelines and to make sure buildings are being maintained.

The Bashundhara City Complex opened Monday for shoppers two days after Friday’s blaze. A probe is underway to determine the cause of the fire and to assess structural damage.

Loss of life was minimized as the blaze broke out on a Friday, the beginning of the weekend in Bangladesh, so offices in the upper floors were empty. The lower eight floors are used for shopping and the upper floors are all Bashundhara Group offices.

The mall is valued at Tk 7.0 billion (US$100 million). It is not known if the complex is covered by fire insurance.

It is estimated that it will take over two years to rebuild the area damaged by flames which were burned down to a skeleton. Bashundhara City’s technical advisor, Latifur Rahman, estimated damages at Tk 2.0 billion (US$29m).

Only one television cameraman has been allowed in to film the burnt area. None of the 2,500 shops, cinemas or cafes were burnt by the inferno. The seventh and eighth floors still experience smoke damage, and there was water damage to merchandise.

A three member committee is currently investigating the cause of the fire which will consist of Iqbal Khan Chowdhury, joint secretary of the ministry, representatives of the police, IGP Noor Muhammad, and fire brigade, Director General Abu Nayeem Md Shahidullah. The committee is required to report within the week with their findings. The forensics department is also sifting through the burnt remains.

The Dhaka Chamber of Commerce and Industries has also formed a committee which has begun interviewing witnesses and recording their testimony alongside the government committee.

It has been discovered that 150 closed circuit cameras were not being used when the fire started. Another mystery is why the mall fire fighting system has been found unused.

Why the fire burnt so fiercely is a matter to think….These matters seem to be mysterious

“In the shopping mall there is an ultra-technology elevator which runs even without electricity but we have found that locked,” Iqbal Khan Chowdhury, joint secretary (Police) of the home ministry, said. “Why the fire burnt so fiercely is a matter to think. We have to see if there was any incendiary substance there. These matters seem to be mysterious.”

Mall management has been asked to submit substances and items which would have been in the upper floors when the fire started. The fire erupted on the 17th floor and spread quickly to the two floors above and engulfed the three floors below. The aerial ladders belonging to the Fire Service and Civil Defence reached as high as the 13th floor of the 21-storey building.

Videos have been sent to the United States (US) for examination to assist in determining the cause of the fire and to help in the damage assessment. Experts from the US are expected to arrive soon.

Firefighters were brought to the rooftop of the 20-storey tower by helicopter. The only fatality in this operation was Baki Billa, a firefighter of Bashundhara City firefighting department, who fell when climbing down a rope from a helicopter to the roof of the building. Three other firefighters made the transition safely. At this same time, the chief security officer was safely rescued by the Bangladesh Air Force helicopter, a Bell 212. Six security officers of the complex also lost their lives.

Retrieved from “https://en.wikinews.org/w/index.php?title=Bangladesh_security_tightened_following_Pilkhana_massacre_and_Bashundhara_City_fire&oldid=4231268”

Cyprus and Malta adopt the euro

Tuesday, January 1, 2008

Today at midnight, the Republic of Cyprus and the Republic of Malta, both small island states in the Mediterranean and former British colonies, adopted the euro as their official currency; less than four years after their accession to the European Union. Because Cyprus and Malta are in different time zones, Cyprus adopted the euro one hour before Malta did the same. In both countries the euro was welcomed with outdoor celebrations, including a fireworks display in Malta’s capital Valletta. According to the BBC Cypriot Finance Minister Michalis Sarris has said the euro “will benefit consumers and businesses alike because of the eurozone’s low inflation, low interest rates and large market.”

The BBC reports that Cypriot and Maltese leaders “made symbolic withdrawals of euros from cash machines just minutes into the New Year.” TIME reports that Maltese Prime Minister Lawrence Gonzi had to wait a little while before getting his hands on the new currency because “an automated teller machine did not work when Gonzi tried to withdraw euros, and he was obliged to use a different ATM.”

The Cypriot pound (CYP) and the Maltese lira (MTL) will remain in use during a dual circulation period that will last until the end of this month, at which point they will cease to be legal tender. However, it will still be possible to exchange them for Euro free of charge after the end of this period. Commercial banks in Cyprus will exchange Cypriot pounds for Euro until 30 June, but only for amounts up to CYP 1000 per customer and per transaction in banknotes and up to CYP 5O in coins. The Central Bank of Cyprus will exchange coins until the end of 2009 and banknotes until the end of 2017. Maltese commercial banks will exchange Maltese lira for Euro until the end of March, with a limit for non-customers of MTL 250, whereas the Central Bank of Malta will exchange coins until 1 February 2010 and banknotes until 1 February 2018.

We’re sorry to say goodbye to our pound but happy to welcome the euro.

The single currency has replaced the Cypriot pound and the Maltese lira at a rate of one euro to 0.585274 Cypriot pound and 0.4293 to the Maltese lira, or 1.71 euro per Cypriot pound and 2.33 per Maltese lira. This conversion rate had been fixed on 10 July 2007 by Ecofin, the council comprising the finance ministers of the EU Member States.

Today with the adoption of the Euro, Cyprus and Malta have become even more integrated in the heart of the European Union, less than four years after they joined the EU.

Cyprus and Malta are the 14th and the 15th country to join the Eurozone, which already includes Austria, Belgium, the Netherlands, Finland, France, Germany, Ireland, Italy, Luxembourg, Portugal, Spain, Greece and Slovenia. All EU Member States are required to join the Eurozone once certain conditions are fulfilled, except Denmark and the United Kingdom which have negotiated a so-called opt-out that allows them not to adopt the single currency.

The Turkish Republic of Northern Cyprus, the de facto independent Turkish-controlled area in the north of Cyprus, will not join the Eurozone. Northern Cyprus is not part of the European Union and is recognised only by Turkey. As a result, the Turkish lira will remain the official currency in the north of the island; however, TIME reports that “many Turkish Cypriot merchants will also accept euros along with Turkish lira.” Cypriot Euro coins are inscribed in both Greek and Turkish.

The euro will also be legal tender in the Sovereign Base Areas, British military bases in Cyprus.

The national sides of the Cypriot Euro coins feature three separate designs for the three series of coins. The 1, 2 and 5-cent coins feature the mouflon, or wild sheep, the 10, 20 and 50-cent coins feature the Kyrenia ship, the wreck of a 4th century BC Greek merchant ship discovered in 1967 and salvaged closed to Kyrenia, and the €1 and €2 coins feature the Idol of Pomos, a prehistoric sculpture from the village of Pomos, three national symbols of Cyprus. The designs were jointly created by Tatiana Soteropoulos and Erik Maell.

The Maltese euro coins’ national sides will also feature national motifs. The 1, 2 and 5-cent coins will feature the altar of the Mnajdra temple grouping, a complex of three Neolithic temples on the southern coast of Malta and one of the oldest free-standing temple groupings in the world, the 10, 20 and 50-cent coins will feature the Coat of Arms of Malta, and the €1 and €2 coins will bear the Maltese cross, a symbol associated with an order of Christian warriors known as the Knights Hospitaller or Knights of Malta, which was based on Malta for more than 250 years after they had been given the islands by Charles V, Holy Roman Emperor. The designs of Maltese engraver Noel Galea Bason were selected after two rounds of public consultations in which people were invited to vote via SMS.

Both Cyprus and Malta have taken a number of steps to address fears of undue price rises. 7,130 Cypriot companies have subscribed to a Fair Pricing Code launched by the authorities and the Cypriot government urged companies to round their prices down. In Malta, the FAIR initiative, a fair pricing scheme, was put in place in January 2007. This scheme, which provides for administrative fines for those failing to respect their commitment, now involves 80% of all retail outlets. Malta, according to the BBC, has also signed 12 price stabilisation agreements with importers, which will last until March 2008.

In both countries, the authorities will monitor retailers to ensure they do not exploit the changeover for unfair gain by rounding up their prices, contributing to inflation.

Retrieved from “https://en.wikinews.org/w/index.php?title=Cyprus_and_Malta_adopt_the_euro&oldid=4456535”

The Special Jabiru Usa Sport Aircraft J250 Sp

The Special Jabiru USA Sport Aircraft J250-SP

by

A. James David

Purchasing any kind of aircraft is really expensive. You really need to spend a lot if you want to own that thing. You need to prepare a sum of money to acquire that thing. If you don t have any idea with regards to the basics of buying any kind of aircraft, then you should really need a companion who is knowledgeable in this field. You need to be sure of what you are buying because you are spending a lot of money with it. You need to be responsible enough with your acts because you might regret it in the future.

If you want to own a kind of light sport aircraft, there are lots of them in the market. You just need to determine first what you really want. Light Sport Aircraft Cost varies depending on the make and model you want. There are light sport aircrafts made up from full carbon fiber which is quite expensive compared to other materials being used like steel.

Light Sport Aircraft Cost also varies with regards to its additional built-in system in place. You need to take into account different factors in buying an aircraft for you to help decide which one is really better. It s really not a joke to buy an aircraft; you need to take it seriously.

[youtube]http://www.youtube.com/watch?v=WNJ7nbhd_eU[/youtube]

If Light Sport Aircraft Cost is not a problem, you are free to take a look with the different special light sport aircrafts. They are really magnificent. An example of this is the Jabiru USA Sport Aircraft J250-SP.

Jabiru USA Sport Aircraft J250-SP is manufactured by Jabiru Aircraft. This kind of aircraft is proudly produced in the United States of America. It has a wide range of features that you will really enjoy. It has a length of 21 feet 5 inches and a height of 7 feet 10 inches. It has a wingspan of 30 feet and a wing area of 120 square feet.

Jabiru USA Sport Aircraft J250-SP has an empty weight of 780 lbs with a gross weight of 1,320 lbs. It has a useable load of 540 lbs. This type of special aircraft uses the powerful Jabiru 3300 6-cylinder type of engine at 120 hp. It is equipped of 2 bladed fixed pitch type of propeller. It has a fuel capacity of 140 liters.

Jabiru USA Sport Aircraft J250-SP never goes beyond the speed of 138 kts. It has a maximum speed of 90 kts with a cruise speed of 120 kts at 75% power. It has a stall speed of 44 kts with a climb rate of 1,000 feet/min at a service ceiling of 15,000 ft.

With all of these superb qualities, you will not regret owning this kind of aircraft. Buy one and enjoy its company as you fly in the sky.

Reference:

jabirupacific.com/specs/j250sp.htm#specs

James David teaches people how to buy single engine airplanes & has a passion for the

Light Sport Aircraft Cost

You can find out more about his airplane training site at

best-aviation-sites.com/Light-Sport-Aircraft-Cost.php

Article Source:

The Special Jabiru USA Sport Aircraft J250-SP

Page 54 of 124

Powered by WordPress & Theme by Anders Norén