Thursday, October 9, 2008

The head of the International Monetary Fund (IMF) says the world is on the brink of a global recession but predicts the economy will begin to recover by late 2009.

Dominique Strauss-Kahn, Managing Director of the IMF, stressed nations must work together to avert a global recession and warns there is “no domestic solution” to the crisis. He also said this week’s coordinated interest rate cuts around the world are a good example of the international cooperation needed to restore faltering economies.

Furthermore, he announced the IMF has activated an emergency program Wednesday that allows the fund to provide loans more easily and quickly to emerging countries in economic trouble. This program was first used during the 1997 Asian crisis.

The program might be used in Iceland, which has seen major problems hitting the financial sector. Iceland has been forced to nationalize the three largest banks and, most recently, Kaupthing Bank.

The IMF chief made these remarks in Washington D.C. on Thursday, as top officials from IMF nations and the G-7 industrialized countries are gathering for meetings on economic issues. U.S. President George Bush is set to meet with G-7 finance ministers at the White House on Saturday.

Monday, July 23, 2007

Alexandre Vinokourov of Kazakhstan has won stage 15 of the 2007 Tour de France in a time of 5h 34′ 28″.

Michael Rasmussen of Denmark kept his overall lead by 2′ 23′ over Alberto Contador of Spain. The two extend their lead on Cadel Evans of Australia by 1′ 37″, and more on the rest of the contenders.

Today’s 196 km stage is one of the major stages of the Tour, with no fewer than five major mountain passes – including the Col de Port, the Col de Portet d’Aspet (5.7 km climb at 6.9%), the Col de Menté (7.0 km climb at 8.1%), the Port de Balès (19.5 km at 6.2%), (the first time this climb has featured in the Tour), and finally the Col de Peyresourde (9.7 km climb at 7.8%) with a downhill finish in Loudenvielle.

Tomorrow is a rest day for the Tour.

Sunday, May 15, 2011

The solar-powered airplane Solar Impulse touched down at the Brussels National Airport late Friday night, after completing a 13-hour flight from its home base in Payerne, Switzerland. It was the first international flight by a fully solar-powered aircraft.

The experimental aircraft was piloted by André Borschberg, co-founder and chief engineer for the Solar Impulse project, which hopes to circumnavigate the globe using only the sun’s energy in 2013. “Our goal is to create a revolution in the minds of people…to promote solar energies — not necessarily a revolution in aviation,” Bertrand Piccard, the group’s other co-founder, said in an interview after the flight.

The aircraft collects energy from the sun using 12,000 extremely thin solar cells affixed to the wings and tail section. An on-board battery can store enough electricity to fly all night, allowing the Solar Impulse to stay aloft indefinitely. This allowed the aircraft to maintain a holding pattern over the Brussels airport as other flights landed and conditions were right for the Solar Impulse to land. Because the aircraft weighs only about 3,500 pounds and has a wingspan of 200 feet, it is extremely sensitive to wind and needs calm conditions to land safely.

Saturday, October 20, 2007

At least six people are confirmed murdered inside a high rise apartment located in Surrey just outside of Vancouver, British Columbia in Canada, in what is being called a “graphic mass-murder”. The bodies were discovered on October 19 at approximately 4:30 p.m. (PT).

Residents living near the house called authorities when they reported the smell of what they believed to be natural gas, coming from inside the house and that there were possibly several people inside. The fire department and police arrived in full force and told nearby residents to evacuate, shutting down the roads and stopping train service surrounding the property. When police later entered the home, they discovered the six individuals. The murder is still under investigation, along with the reports of a gas-like smell.

“We’re looking at perhaps a very dramatic homicide scene with as many as six dead. Initially, it was [a report of] a gas leak. A very large area was cordoned off for fear of an explosion. As to how this [call] comes in as a gas leak, that’s going to come out in the investigation”, said Royal Canadian Mounted Police spokesman, Sgt. Roger Morrow.

The identity, race and sex of the individuals are not known. Police also have not yet determined if the mass murder was a result of a murder-suicide. Police have not stated the form of murder and there are no reports of any suspects being in custody.

“It’s hard to say whether its gang-related, some sort of attack on a group of individuals, or whether it’s a murder-suicide. Certainly it’s a concern to us and we understand it’s a concern in the community”, said Integrated Homicide Investigation Team member, Cpl. Dale Carr.

Monday, March 20, 2006

Fears of contaminated bone and skin grafts are being felt by unsuspecting patients following the revelation that funeral homes may have been looting corpses.

Janet Evans of Marion Ohio was told by her surgeon, “The bone grafts you got might have been contaminated”. She reacted with shock, “I was flabbergasted because I didn’t even know what he was talking about. I didn’t know I got a bone graft until I got this call. I just thought they put in screws and rods.”

The body of Alistair Cooke, the former host of “Masterpiece Theatre,” was supposedly looted along with more than 1,000 others, according to two law enforcement officials close to the case. The tissue taken was typically skin, bone and tendon, which was then sold for use in procedures such as dental implants and hip replacements. According to authorities, millions of dollars were made by selling the body parts to companies for use in operations done at hospitals and clinics in the United States and Canada.

A New Jersey company, Biomedical Tissue Services, has reportedly been taking body parts from funeral homes across Brooklyn, New York. According to ABC News, they set up rooms like a “surgical suite.” After they took the bones, they replaced them with PVC pipe. This was purportedly done by stealth, without approval of the deceased person or the next of kin. 1,077 bodies were involved, say prosecuters.

Investagators say a former dentist, Michael Mastromarino, is behind the operation. Biomedical was considered one of the “hottest procurement companies in the country,” raking in close to $5 million. Eventually, people became worried: “Can the donors be trusted?” A tissue processing company called LifeCell answered no, and issued a recall on all their tissue.

Cooke’s daughter, Susan Cooke Kittredge, said, “To know his bones were sold was one thing, but to see him standing truncated before me is another entirely.” Now thousands of people around the country are receiving letters warning that they should be tested for infectious diseases like HIV or hepatitis. On February 23, the Brooklyn District Attorney indicted Mastromarino and three others. They are charged with 122 felony counts, including forgery and bodysnatching.

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Monday, March 12, 2007

The United States Army’s Surgeon General Lt. Gen. Kevin C. Kiley resigned Monday due to the recent Walter Reed Army Medical Center neglect scandal. Lt. Gen. Kiley is the third official to be stripped of command due to the scandal.

Although he officially resigned, Pentagon officials made it clear that he had been dismissed over the scandal that has outraged veterans’ groups and appalled America.

Lt. Gen. Kiley was heavily criticized for his actions at Walter Reed Army Medical Center, where the hospital was kept in very poor condition and its patients neglected.