Forex Grid Trading

Sunday, January 10, 2010

Chinese officials have said that their country’s exports surged last December to edge out Germany as the world’s biggest exporter.

The official Xinhua news agency reported today that figures from the General Administration for Customs showed that exports jumped 17.7% in December from a year earlier. Over the whole of 2009 total Chinese exports reached US$1.2 trillion, above Germany’s forecast $1.17 trillion.

Huang Guohua, a statistics official with the customs administration, said the December exports rebound was an important turning point for China’s export sector. He commented that the jump was an indication that exporters have emerged from their downslide.

“We can say that China’s export enterprises have completely emerged from their all-time low in exports,” he said.

However, although China overtook Germany in exports, China’s total foreign trade — both exports and imports — fell 13.9% last year.

Monday, February 26, 2007

Golfer Fuzzy Zoeller wants to sue the anonymous person who vandalised his article in the Wikipedia encyclopedia, a website resource almost anyone can edit.

An IP address from Josef Silny & Associates, a Miami education consulting firm, wrote a biased paragraph about him creating uproar from the golfer. The entry was posted twice: once sometime last year, and again in December 2006. The paragraph was removed last month, and deleted from the article history by Danny Wool, a staff member of the Wikimedia Foundation.

Zoeller is suing Josef Silny & Associates to find out who added this text.

“The Zoeller family wants to take a stand to put a stop to this. Otherwise, we’re all just victims of the Internet vandals out there. They ought not to be able to act with impunity,” said Zoeller’s attorney, Scott Sheftall.

The offensive edits, about which the suit is based, allegedly suggested that Zoeller admitted to consuming mass quantities of drugs and alcohol and beat his wife.

Through the court, Wikipedia can not be sued for a vandalous edit. The person or company, in this case, will be sued. In fact, the Wikimedia Foundation has not been contacted by Zoeller or his representatives about the lawsuit.

Tuesday, June 12, 2007

North America’s largest outdoor dog festival came back to Toronto last weekend for its fifth year. It ran from the 9th of June to the 10th of June at Toronto’s historical St. Lawrence Market. A Wikinews reporter was there on Sunday to report on some of the events that happened on the last day.

The “Woofstock” dog festival attracted as many as 140,000 people with their dogs. The festival had tons of accessories, sold under tents, to buy for dogs; food, toys, designer clothes, and more. About 400 vendors and exhibitors were there to promote their products, which also gave private dog companies or groups a chance to show their new products. The local SPCA and some animal rescues were under tents answering questions from visitors. While walking, all visitors could see the CN Tower and other very tall buildings.

One of the local TV stations, Citytv, was there. They hosted a live event at the show which was broadcast on TV. People came up on the stage and asked questions regarding their dogs and the host and co-host answered them.

A man, who called himself the “Chalk Master”, drew two pictures on pavement with chalk. He did it for free but donations were welcome. One was a picture of a girl’s head beside a dog’s head, and another with a wolf.

“Hello Humans. I’ve been invited here to provide your eyeball(s), with some pretty colours. I don’t get paid as I work this weekend strictly for tips… so, if you like what you see please make a DONATION. If you don’t like it simply reach into the pocket of the person next to you and give me their money. CHALK MASTER.”

A contest called “Canada’s top dog” had its own tent with a professional photographer taking pictures of dogs behind a white screen; the winning photo is to be published on the cover of “Puppy and dog basics” magazine.

Large “Gourmet” dog bones were also served from a cart and table.

Next year’s festival is expected to be bigger and better with even more attractions.

Thursday, July 3, 2014

Ian Narev, the CEO of the Commonwealth Bank of Australia, this morning “unreservedly” apologised to clients who lost money in a scandal involving the bank’s financial planning services arm.

Last week, a Senate enquiry found financial advisers from the Commonwealth Bank had made high-risk investments of clients’ money without the clients’ permission, resulting in hundreds of millions of dollars lost. The Senate enquiry called for a Royal Commission into the bank, and the Australian Securities and Investments Commission (ASIC).

Mr Narev stated the bank’s performance in providing financial advice was “unacceptable”, and the bank was launching a scheme to compensate clients who lost money due to the planners’ actions.

In a statement Mr Narev said, “Poor advice provided by some of our advisers between 2003 and 2012 caused financial loss and distress and I am truly sorry for that. […] There have been changes in management, structure and culture. We have also invested in new systems, implemented new processes, enhanced adviser supervision and improved training.”

An investigation by Fairfax Media instigated the Senate inquiry into the Commonwealth Bank’s financial planning division and ASIC.

Whistleblower Jeff Morris, who reported the misconduct of the bank to ASIC six years ago, said in an article for The Sydney Morning Herald that neither the bank nor ASIC should be in control of the compensation program.

Sunday, September 6, 2015

7,810 Jeep SUVs are to be recalled in order to address a software vulnerability in the vehicles’ entertainment systems which allows the vehicles to be “hacked” — allows vehicle software security to be compromised — Fiat Chrysler Automobiles US (FCA US) said on Friday. This recall affects some 2015 model Jeep Renegades.

FCA US said exploiting the vulnerability would take “unique and extensive technical knowledge, prolonged physical access to a subject vehicle and extended periods of time to write code.” They said there are no known instances where the software vulnerability has caused injury to anyone.

They said owners of affected cars can fix the software vulnerability by inserting a device containing a software patch into a USB port inside the car.

Another 1.4 million vehicles manufactured by the company have also been recalled last month, when white hat hackers discovered they were able to hack and disable the engines of the affected vehicles remotely.

Sunday, June 19, 2016

Microsoft announced on Thursday they are partnering with KIND Financial to help governments track the production and distribution of legal marijuana. Kind Financial, a California-based start-up company, began selling its Agrisoft Seed to Sale software three years ago. Microsoft is admitting Kind’s software on the Government portion of its Azure cloud service.

Although Kind Financial CEO David Dinenberg stressed to The Guardian they “absolutely do not touch the plant”, his company does business with growers and distributors of marijuana, as well as the governments that regulate it. State law in twenty-five US states — but not US federal law — has legalized marijuana, whether medicinally or for recreational use. Kimberly Nelson, Microsoft executive director of state and local government solutions, said they expect significant demand for technology to help states make sure cannabis distribution within their state is done according to their laws.

Kind also provides kiosks similar to automated tellers (ATMs) to facilitate marijuana transactions in dispensaries. The distribution of marijuana is often done only with cash or through machines like the ones Kind offers since many banks in the United States shy away from the marijuana industry entirely. Microsoft is not interacting with this part of Kind’s operations, however.

Microsoft and Kind will apply for contracts with state governments for their software. Currently, they have applied to Puerto Rico, a US territory, where medical marijuana has recently been made legal. BioTrackTHC, a company similar to Kind Financial, already has contracts with Washington, New Mexico, and Illinois.

Dinenberg said his company’s partnership with Microsoft is a major step in advancing the legitimacy of cannabis-related businesses.

Wednesday, February 18, 2009

The United States auto manufacturer Chrysler, which has been badly affected by the ongoing recession, has asked the US government for an additional US$5 billion in aid on top of the four billion it has already received, saying that it plans to fire three thousand employees. At the end of last year, the auto maker had just over 54,000 employees, meaning that the layoffs will equal about six percent of its total workforce.

In addition, Chrysler will cut the Chrysler Aspen, PT Cruiser, and Durango from production.

Another automaker, General Motors (GM), announced that it seeks $16.6 billion in loans from the government, in addition to the $13.4 billion that it has already received. GM plans to lay off 47,000 employees and close five factories. GM says that it might need as much as $30 billion from the US Treasury Department, an increase over their previous estimate of $18 billion. The company has warned that it might run out of money by March if more aid was not given.

Rick Wagoner, GM’s chief executive, described the firm’s plan as “comprehensive, responsive, achievable, and flexible”. “We have a lot of work in front of us, but I am confident it will result in a profitable General Motors,” he said, adding that “today’s plan is significantly more aggressive because it has to be.” GM says that it could be profitable in two years’ time, and might be able to repay all its loans by 2017.

A third US car manufacturer, Ford Motor Company, has said that it can make it through this year without any government aid.

The US Treasury Department will review the car makers’ survival plans for several weeks before a decision is made on whether or not to extend the loans. That decision is due by the end of next month.

Monday, January 28, 2019

Twin bombings yesterday struck the Jolo Cathedral in Mindanao, Philippines. The second blast affected first responders following the first; between the two blasts, at least 20 were killed.

According to Chief Superintendent Graciano Mijares of the police of the Autonomous Region in Muslim Mindanao, the confirmed deaths are fourteen civilians, five Armed Forces personnel, and one member of the Coast Guard. This revised downwards an earlier toll of 27 dead. Mijares further claimed 90 civilians were wounded, as were seventeen from the Armed Forces, and two each from the Coast Guard and the National Police. Some victims were airlifted to nearby Zamboanga.

“We will use the full force of the law to bring to justice the perpetrators behind this incident,” said Delfin Lorenzana, the Defence Secretary; he described the attacks as a “dastardly act” and urged vigilant locals to assist authorities and “deny terrorism any victory”. The first bomb went off within the Roman Catholic cathedral; the second in its car park. Lorenzana said he had ordered ‘heightened alert’ from troops, and that the army protect places of worship.

The Philippines is a Catholic majority nation. This week saw a referendum seeking to create a new autonomous, self-administered region in Muslim-majority Mindanao, potentially ending decades of conflict with the Moro Islamic Liberation Front. Of the 2.8 million who voted, 85% were in favour and on Friday the government announced the new region, to be called Bangsamoro, would be governing itself from 2022.

Jolo, and the Sulu region it is within, were among the areas to vote against the measure. Bangsamoro is nevertheless to include them within it.

Arnel dela Vega of the army’s Western Mindanao Command said the Abu Sayyaf Group are the suspected perpetrators. The first bomb went off during Mass; video footage from the scene shows wooden pews broken and scattered within the building. Regional Governor Mujiv Hataman agreed, saying only this organisation appeared capable of the double bombing. The Islamic State of Iraq and the Levant, which is linked to the Abu Sayyaf Group, subsequently claimed responsibility.

The Coast Guard said their casualties were attending mass. The deceased seaman was identified as Jaypee Galicha by a Coast Guard spokesperson. The Coast Guard has announced an order by Coast Guard Commandant Admiral Elson Hermogino directing Coast Guard units nearby to “join personnel from the [army and police] in the investigation and pursuit of the perpetrators.”

Statements of condemnation have come from Organisation of Islamic Cooperation (OIC) head Yousef Al-Othaimeen, Pope Francis, and a spokesperson for President Rodrigo Duterte. The OIC is the largest group representing nations with mainly Muslim populations.