Friday, June 24, 2005

Seoul — More than 300 “citizen reporters” hailing from countries as far apart as Chile and Norway are coming together at the OhmyNews International Citizen Reporters’ Forum from June 23 to June 26, 2005 in Seoul. OhmyNews is one of the most popular South Korean news websites, and it has played an important role in the election of reformist President Roh Moo-hyun. Unlike traditional news sources, OhmyNews allows any individual with an Internet connection to contribute stories. A professional staff of journalists vets incoming submissions and decides which stories are to be published.

The project is sponsoring the forum in order to promote its English edition, officially launched in May 2004. Citizen reporters writing in English exchange ideas and stories, and try to understand the inner workings of the Korean edition. The conference is sponsored by Korean corporations such as Samsung, SK Corporation, LG, Yuhan-Kimberly, and Asiana Airlines.

Friday, April 3, 2009

General Motors (GM) and Chrysler will receive bridge loans from the government of Canada and the provincial government of Ontario, however no more will be forthcoming from either Canadian or US governments unless the companies can reinvent themselves.

“This is a regrettable but necessary step to protect the Canadian economy. We are doing this on the assumption that we obviously cannot afford either in the United States or Canada a catastrophic short-term collapse.” said Stephen Harper, Prime Minister of Canada.

“We cannot, we must not, and we will not let our auto industry simply vanish. This industry is, like no other, an emblem of the American spirit; a once and future symbol of America’s success,” said Barack Obama, President of the United States. “These companies – and this industry – must ultimately stand on their own, not as wards of the state.”File:Sinsheim quer.jpg

Chrysler will receive CA$1 billion and may in fact be eligible for as much as CA$4 billion. If Chrysler succeeds in the next 30 days with a restructuring plan it would be eligible for a US$6 billion loan. A part of Chrysler’s restructuring plan must include a partnership with Fiat within 30 days to appease the US administration. Fiat is a supplier of smaller fuel-efficient vehicles, and the merger will help Chrysler to be viable in the North American market. A Chrysler court bankruptcy would inevitably lead to it being sold off.

As a part of Chrysler’s restructuring plans, Tom LaSorda, the president of Chrysler announced that Canadian operations would fold if it does not receive both the US commitment of $2.3 billion of aid and a new Canadian Auto Workers CAW contract to reduce all-in costs by CA$19 per hour. As a result of this announcement Chrysler’s auto sales volume in Canada dropped 23% compared to March of 2008.

GM has until the end of May to restructure its company to receive up to CA$7.5 billion. As part of the companies restructuring, General Motor’s chief executive Rick Wagoner was replaced Sunday with Fritz Henderson, the current chief operating officer. Henderson spoke out on Tuesday that GM has submitted a restructuring plan which would close five plants, and this may be increased to meet the requirements for financial aid. He is in full compliance with Obama’s auto task force to seek bankruptcy if GM cannot negotiate with their unions, bondholders and others.

GM recently brought forward the “GM Total Confidence” program providing consumer purchase protection for customers who lose their job for economic reasons within the first two years from purchase. As a result of Chrysler’s restructuring announcement in Canada, GM’s Canadian vehicle sales volume fell only 17.3% compared to 2008, an increase from the previous month.

GM must reduce some of its legacy costs which include its pensions and union health care costs. A part of GM’s ailments arose from investing in supplying truck and SUVs during an economy of high gas prices when consumers were demanding fuel efficient vehicles.

Tony Clement, Canada’s Minister of Industry, is hoping that the CAW will support the restructuring process and re-negotiate their agreement. Whereas a United Auto Workers negotiator has said, “I don’t see how the UAW will do anything until they see what the bondholders will give up.”

The Obama administration is looking toward bankruptcy proceedings for the automakers, “as a mechanism to help them restructure quickly and emerge stronger. [It will] quickly clear away old debts that are weighing them down. What we are asking is difficult. It will require hard choices by companies. It will require unions and workers who have already made painful concessions to make even more. It will require creditors to recognise that they cannot hold out for the prospect of endless government bailouts.” said Obama.

The auto parts suppliers and IT software exporters in India have already been affected by the declining auto sales. GM and Chrysler software contracts provide US$300 to 350 million a year to vendors in India. As well these two major automakers usually award US$1 billion contracts to auto parts suppliers. “We are worried and closely watching the developments in the US to gauge the impact. The decline in auto sales in the US has already hit the order books of Indian suppliers,” said a Delhi auto parts supplier.

“Going forward, the industry will undoubtedly be smaller, but if our efforts are successful it will be viable and it will support good jobs for Canadians,” said Clements.

Betty Sutton, Ohio’s Congresswoman put forward the CARS act which provides a US$3,000 to 5,000 incentive for those who trade in their vehicle for a fuel-efficient car. “It clearly stimulates the economy, and it gets the consumer into the showroom and gets them buying again. But importantly — and this is what I particularly like about it — it really helps the environment quite a bit in two respects.” said William Clay Ford Jr., executive chairman of Ford Motor Co.

Ford Motor Company has not come forward with requests for assistance.

Since December GM and Chrysler have received US$17.4 billion government loans.

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Saturday, August 27, 2005

Shoppers World in Brampton, Ontario, Canada asks its visitors to “look up, look way up” this October.

The Highway 10 and Steeles Avenue mall is encouraging Bramptonians to paint a ceiling tile for charity this summer, for their upcoming “Looking Up to the Arts” event. The tiles should represent either what Brampton means to you, or the arts in Brampton.

Anyone can paint a tile for the event by buying one at the customer service desk for $5. Once tiles are completed and returned for the event, participants receive a gift certificate for $5. The ceiling tiles must be finished and returned by October 7.

The tiles will be auctioned off at the end of the event, with money going to the Brampton Arts Council.

Local dance, music, theatre and visual arts group will perform and promote at the mall’s event, which will be held from October 12 to 22.

This isn’t Shoppers World’s only celebration of the arts. The mall is the permanent home of the Artway Gallery, a community exhibit space on the west side of the mall. Organized by Visual Arts Brampton, the space allows anyone in the community to exhibit publicly.

Thursday, September 13, 2007

Having worked as an aide, advisor, and Executive Assistant to municipal and provincial politicians, Sheila White is running for the Ontario New Democratic Party in the Ontario provincial election, in the Scarborough-Rouge River 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.

Friday, August 25, 2006

The bodies of a Canadian soldier killed in a suicide bombing in Kandahar, Afghanistan has been returned to Canada, Wednesday, the same day that the remains of a child killed by Canadian troops in the aftermath of the car bomb was returned to his family.

The soldier was killed in a suicide car bombing outside a military base two hours before the shooting took place. The 10-year old Afghan boy was riding on the back of a motorcycle when he and a teenaged driver sped to the scene of the attack, crossing a security perimeter that had been set up.

The boy’s death has angered Afghans in the area and military officials are concerned of a backlash from the incident.

The casket of Corporal David Braun, 27, was flown from Kandahar in a C-130 Hercules aircraft. He was the eighth Canadian soldier killed in Afghanistan this August and the 27th Canadian killed in Afghanistan since troops were deployed there in early 2002. Three other soldiers were injured in the suicide attack on the NATO convoy but are reported to be in good condition.