Euro reaches one-year low against US dollar


Wednesday, May 5, 2010

The euro fell to a one-year low against the US dollar earlier yesterday, over fears that the bailout package proposed for the ailing Greek economy would not prevent financial troubles elsewhere in Europe.

The currency reached $1.3088 against the dollar — a level not seen since April of last year — although it recovered slightly to end the day at $1.3094. However, that was still lower than the $1.3212 it traded for on Monday. The euro also lost 1.6% against the yen, to a trading level of Y122.81, and 0.3% on the pound, going down to £0.8632.

The euro is losing strength as the Eurozone is struggling to prevent the Greek economy from defaulting on debts; a rescue loan package worth 110 billion euros (US$145.62 billion) is currently underway to help ease the crisis. Michael Hewson, who is a currency analyst for CMC Markets, commented that the euro probably will “continue to remain under pressure over the coming days.”

Two nuclear submarines collide in the Atlantic Ocean


Wednesday, February 18, 2009

The Nuclear ballistic missile submarines Triomphant, from France, and HMS Vanguard, of the British Royal Navy, collided deep under the middle of the Atlantic Ocean in the middle of the night between February 3 and 4, despite both vessels being equipped with sonar. The collision caused damage to both vessels but it did not release any radioactive material, a Ministry of Defence (MOD) official confirmed Monday.

A Ministry of Defence spokesman said nuclear security had not been breached. “It is MOD policy not to comment on submarine operational matters, but we can confirm that the U.K.’s deterrent capability was unaffected at all times and there has been no compromise to nuclear safety. Triomphant had struck ‘a submerged object (probably a container)’ during a return from a patrol, damaging the sonar dome on the front of the submarine,” he said.

A French navy spokesman said that “the collision did not result in injuries among the crew and did not jeopardise nuclear security at any moment.” Lack of communication between France and other members of NATO over the location of their SLBM deterrents is believed to be another reason for the crash.

According to Daily Mail, the vessels collided 1,000ft underwater in the Bay of Biscay (Golfe de Gascogne; Golfo de Vizcaya and Mar Cantábrico), a gulf of the North Atlantic Ocean. It lies along the western coast of France from Brest south to the Spanish border, and the northern coast of Spain west to Punta de Estaca de Bares, and is named for the Spanish province of Biscay, with average depth of 5,723 feet (1,744 m) and maximum depth is 9,151 feet (2,789 m).

Each submarine is laden with missiles powerful enough for 1,248 Hiroshima bombings, The Independent said.

It is unlikely either vessel was operating its active sonar at the time of the collision, because the submarines are designed to “hide” while on patrol and the use of active sonar would immediately reveal the boat’s location. Both submarines’ hulls are covered with anechoic tile to reduce detection by sonar, so the boats’ navigational passive sonar would not have detected the presence of the other.

Lee Willett of London’s Royal United Services Institute said “the NATO allies would be very reluctant to share information on nuclear submarines. These are the strategic crown jewels of the nation. The whole purpose of a sea-based nuclear deterrent is to hide somewhere far out of sight. They are the ultimate tools of national survival in the event of war. Therefore, it’s the very last thing you would share with anybody.”

First Sea Lord Admiral Sir Jonathon Band GCB, ADC of the United Kingdom, the most senior serving officer in the Royal Navy, said that “…the submarines came into contact at very low speed. Both submarines remained safe. No injuries occurred. We can confirm the capability remains unaffected and there was no compromise to nuclear safety.”

“Both navies want quiet areas, deep areas, roughly the same distance from their home ports. So you find these station grounds have got quite a few submarines, not only French and Royal Navy but also from Russia and the United States. Navies often used the same nesting grounds,” said John H. Large, an independent nuclear engineer and analyst primarily known for his work in assessing and reporting upon nuclear safety and nuclear related accidents and incidents.

President of the Royal Naval Association John McAnally said that the incident was a “one in a million chance”. “It would be very unusual on deterrent patrol to use active sonar because that would expose the submarine to detection. They are, of course, designed to be very difficult to detect and one of the priorities for both the captain and the deterrent patrol is to avoid detection by anything,” he said.

The development of stealth technology, making the submarines less visible to other vessels has properly explained that a submarine does not seem to have been able to pick out another submarine nearly the length of two football pitches and the height of a three-story building.

“The modus operandi of most submarines, particularly ballistic-missile submarines, is to operate stealthily and to proceed undetected. This means operating passively, by not transmitting on sonar, and making as little noise as possible. A great deal of technical effort has gone into making submarines quiet by reduction of machinery noise. And much effort has gone into improving the capability of sonars to detect other submarines; detection was clearly made too late or not at all in this case,” explained Stephen Saunders, the editor of Jane’s Fighting Ships, an annual reference book (also published online, on CD and microfiche) of information on all the world’s warships arranged by nation, including information on ship’s names, dimensions, armaments, silhouettes and photographs, etc.

According to Bob Ayres, a former CIA and US army officer, and former associate fellow at Chatham House, the Royal Institute of International Affairs, however, the submarines were not undetectable, despite their “stealth” technology. “When such submarines came across similar vessels from other navies, they sought to get as close as possible without being detected, as part of routine training. They were playing games with each other – stalking each other under the sea. They were practising being able to kill the other guy’s submarine before he could launch a missile.Because of the sound of their nuclear reactors’ water pumps, they were still noisier than old diesel-electric craft, which ran on batteries while submerged. The greatest danger in a collision was the hull being punctured and the vessel sinking, rather than a nuclear explosion,” Ayres explained.

Submarine collisions are uncommon, but not unheard of: in 1992, the USS Baton Rouge, a submarine belonging to the United States, under command of Gordon Kremer, collided with the Russian Sierra-class attack submarine K-276 that was surfacing in the Barents Sea.

In 2001, the US submarine USS Greeneville surfaced and collided with Japanese fishing training ship Ehime Maru (????), off the coast of Hawaii. The Navy determined the commanding officer of Greeneville to be in “dereliction of duty.”

The tenth HMS Vanguard (S28) of the British Royal Navy is the lead boat of her class of Trident ballistic missile-capable submarines and is based at HMNB Clyde, Faslane. The 150m long, V-class submarine under the Trident programme, has a crew of 135, weighs nearly 16,000 tonnes and is armed with 16 Trident 2 D5 ballistic missiles carrying three warheads each.

It is now believed to have been towed Monday to its naval base Faslane in the Firth of Clyde, with dents and scrapes to its hull. Faslane lies on the eastern shore of Gare Loch in Argyll and Bute, Scotland, to the north of the Firth of Clyde and 25 miles west of the city of Glasgow.

Vanguard is one of the deadliest vessels on the planet. It was built at Barrow-in-Furness by Vickers Shipbuilding and Engineering Ltd (now BAE Systems Submarine Solutions), was launched on 4 March, 1992, and commissioned on 14 August, 1993. The submarine’s first captain was Captain David Russell. In February 2002, Vanguard began a two-year refit at HMNB Devonport. The refit was completed in June 2004 and in October 2005 Vanguard completed her return to service trials (Demonstration and Shakedown Operations) with the firing of an unarmed Trident missile.

“The Vanguard has two periscopes, a CK51 search model and a CH91 attack model, both of which have a TV camera and thermal imager as well as conventional optics,” said John E. Pike, director and a national security analyst for http://www.globalsecurity.org/, an easily accessible pundit, and active in opposing the SDI, and ITAR, and consulting on NEO’s.File:Triomphant img 0394.jpg

“But the periscopes are useless at that depth. It’s pitch black after a couple of hundred feet. In the movies like ‘Hunt for Red October,’ you can see the subs in the water, but in reality it’s blindman’s bluff down there. The crash could have been a coincidence — some people win the lottery — but it’s much more possible that one vessel was chasing the other, trying to figure out what it was,” Pike explained.

Captain of HMS Vanguard, Commander Richard Lindsey said his men would not be there if they couldn’t go through with it. “I’m sure that if somebody was on board who did not want to be here, they would have followed a process of leaving the submarine service or finding something else to do in the Navy,” he noted.

The Triomphant is a strategic nuclear submarine, lead ship of her class (SNLE-NG). It was laid down on June 9, 1989, launched on March 26, 1994 and commissioned on March 21, 1997 with homeport at Île Longue. Equipped with 16 M45 ballistic missiles with six warheads each, it has 130 crew on board. It was completing a 70-day tour of duty at the time of the underwater crash. Its fibreglass sonar dome was damaged requiring three or four months in Drydock repair. “It has returned to its base on L’Ile Longue in Brittany on Saturday under its own power, escorted as usual by a frigate,” the ministry said.

A Ballistic missile submarine is a submarine equipped to launch ballistic missiles (SLBMs). Ballistic missile submarines are larger than any other type of submarine, in order to accommodate SLBMs such as the Russian R-29 or the American Trident.

The Triomphant class of strategic missile submarines of the French Navy are currently being introduced into service to provide the sea based component (the Force Océanique Stratégique) of the French nuclear deterrent or Force de frappe, with the M45 SLBM. They are replacing the Redoutable-class boats. In French, they are called Sous-Marin Nucléaire Lanceur d’Engins de Nouvelle Génération (“SNLE-NG, literally “Device-launching nuclear submarine of the new generation”).

They are roughly one thousand times quieter than the Redoutable-class vessels, and ten times more sensitive in detecting other submarines [1]. They are designed to carry the M51 nuclear missile, which should enter active service around 2010.

Repairs for both heavily scraped and dented, missile-laden vessels were “conservatively” estimated to cost as much as €55m, with intricate missile guidance systems and navigation controls having to be replaced, and would be met by the French and British taxpayer, the Irish Independent reported.

Many observers are shocked by the deep sea disaster, as well as the amount of time it took for the news to reach the public. ”Two US and five Soviet submarine accidents in the past prove that the reactor protection system makes an explosion avoidable. But if the collision had been more powerful the submarines could have sunk very quickly and the fate of the 250 crew members would have been very serious indeed,” said Andrey Frolov, from Moscow’s Centre for Analysis of Strategies and Technologies.

“I think this accident will force countries that possess nuclear submarines to sit down at the negotiating table and devise safety precautions that might avert such accidents in the future… But because submarines must be concealed and invisible, safety and navigation laws are hard to define,” Frolov said, noting further that there are no safety standards for submarines.

The unthinkable disaster – in the Atlantic’s 41 million square miles – has raised concern among nuclear activists. “This is a nuclear nightmare of the highest order. The collision of two submarines, both with nuclear reactors and nuclear weapons onboard, could have released vast amounts of radiation and scattered scores of nuclear warheads across the seabed,” said Kate Hudson, chair of Britain’s Campaign for Nuclear Disarmament.

“This is the most severe incident involving a nuclear submarine since the Russian submarine RFS Kursk K-141 explosion and sinking in 2000 and the first time since the Cold War that two nuclear-armed subs are known to have collided. Gordon Brown should seize this opportunity to end continuous patrols,” Hudson added. Despite a rescue attempt by British and Norwegian teams, all 118 sailors and officers aboard Kursk died.

“This reminds us that we could have a new catastrophe with a nuclear submarine at any moment. It is a risk that exists during missions but also in port. These are mobile nuclear reactors,” said Stephane Lhomme, a spokesman for the French anti-nuclear group Sortir du Nucleaire.

Nicholas Barton “Nick” Harvey, British Liberal Democrat Member of Parliament for North Devon has called for an immediate internal probe. “While the British nuclear fleet has a good safety record, if there were ever to be a bang it would be a mighty big one. Now that this incident is public knowledge, the people of Britain, France and the rest of the world need to be reassured this can never happen again and that lessons are being learned,” he said.

SNP Westminster leader Angus Robertson MP for Moray has demanded for a government statement. “The Ministry of Defence needs to explain how it is possible for a submarine carrying weapons of mass destruction to collide with another submarine carrying weapons of mass destruction in the middle of the world’s second-largest ocean,” he said.

Michael Thomas Hancock, CBE, a Liberal Democrat Member of Parliament for Portsmouth South and a City councillor for Fratton ward, and who sits on the Commons defence committee, has called on the Ministry of Defence Secretary of State John Hutton to make a statement when parliament sits next week.

“While I appreciate there are sensitive issues involved here, it is important that this is subject to parliamentary scrutiny. It’s fairly unbelievable that this has happened in the first place but we now need to know that lessons have been learnt. We need to know for everyone’s sakes that everything possible is now done to ensure that there is not a repeat of the incident. There are serious issues as to how some of the most sophisticated naval vessels in the seas today can collide in this way,” Mr. Hancock said.

Tory defence spokesman Liam Fox, a British Conservative politician, currently Shadow Defence Secretary and Member of Parliament for Woodspring, said: “For two submarines to collide while apparently unaware of each other’s presence is extremely worrying.”

Meanwhile, Hervé Morin, the French Minister of Defence, has denied allegations the nuclear submarines, which are hard to detect, had been shadowing each other deliberately when they collided, saying their mission was to sit at the bottom of the sea and act as a nuclear deterrent.

“There’s no story to this — the British aren’t hunting French submarines, and the French submarines don’t hunt British submarines. We face an extremely simple technological problem, which is that these submarines are not detectable. They make less noise than a shrimp. Between France and Britain, there are things we can do together….one of the solutions would be to think about the patrol zones,” Morin noted, and further denying any attempt at a cover-up.

France’s Atlantic coast is known as a submarine graveyard because of the number of German U-boats and underwater craft sunk there during the Second World War.

Japanese Used Cars For Sale: Import Fa Qs For Mozambique


Japanese Used Cars for Sale: Import FAQs for Mozambique

by

Kyoko Nitori

For Mozambicans looking to buy Japanese used cars for sale, import regulations are necessary to know. These regulations can function as guidelines for anyone who is interested in purchasing secondhand car units from Japan. In addition, these regulations also provide information on the importation process, the requirements that need to be submitted, the taxes that have to be paid, and the clearing process for pre-owned cars coming into the country. Here are the frequently asked questions about importing used cars into Mozambique.

Where are the imported cars shipped?

The most popular port for shipments from Japan going to Mozambique is the maritime port of Maputo. Some importers also prefer Durban because of its more frequent shipping schedules; however, it comes with a higher price. If you are purchasing two or more vehicles, you may also have your container shipped to Beira or Nacala.

What is the minimum or maximum age of imported cars in Mozambique?

[youtube]http://www.youtube.com/watch?v=_Xbh2ivT0gg[/youtube]

There is no age restriction for importing pre-owned vehicles to Mozambique, so buyers can choose from vehicles of any age just make sure these are in good working order! There are Japanese models that are known to be reliable, fuel-efficient, and high-performing even with age. Secondhand units also usually have low mileage and are well-maintained by their previous owners.

Should import cars be left-hand drive or right-hand drive?

Mozambique allows the import of both left-hand drive and right-hand drive vehicles, but it is mainly a right-hand driving country. Buyers can choose from both lists of LHD and RHD vehicles for sale.

What is the pre-shipment inspection programme?

The pre-inspection is mandatory for goods and Japanese used cars for sale (imported into Mozambique). This is a roadworthiness inspection that makes sure a car about to be shipped is in proper condition.

Who will inspect the car?

The-pre-shipment testing is done by an inspection center appointed by the Government of Mozambique. The Intertek Government and Trade Services is the official company that has been appointed by the Mozambican government to carry out the pre-shipment inspection for used cars in Japan.

What is the inspection process?

To apply for the Intetek Inspection, the owner will first apply for a MOZ number for their car from the Intertek office in Rua da Namaacha, 492 (Complexo de Frexpo) in Maputo. The owners have to bring the invoice with the engine number sent by their exporter. Buyers and importers are required to accomplish a Pre-Advice Form for the car/s subject to inspection. When Intertek has received the form, Intertek will contact the exporter/seller and arrange for the inspection in Japan. All buyers Japanese used cars for sale (imported to Mozambique) will undergo this process. The inspection can take up to ten days. If the inspection findings are satisfactory, Intertek will issue a DUC or certification to the owner, and the shipment schedule will be arranged by the exporter.

Cars that have been shipped but don t have a certificate will have to be inspected at the destination port or customs clearance point. Full shipment costs and ten percent of the car s CIF value are required to be paid before the car is cleared. To avoid this, make sure that Japanese used cars for sale imported into Mozambique go through the pre-shipment roadworthiness inspection while it s still in Japan. Just follow these steps and you ll be well on your way to having your own car in Mozambique!

Hi I\’m Kyoko Nitori and I\’m here to post some really cool stuff.

You can Follow me on twitter

. If you\’re looking for a

japanese used cars

,visit the site www.tradecarview.com

Article Source:

ArticleRich.com

Hillary Clinton’s song contest reaches final round


Friday, June 1, 2007

U.S. Democratic Party presidential candidate Senator Hillary Clinton has been asking webizens to vote on her official campaign song. Campaign Manager Patti Solis Doyle sent an email today to previous voters, urging them to choose a song in the second and final round of voting.

Clinton, as many of the other candidates, have been using “Web 2.0” applications like YouTube, Flickr, MySpace, Facebook, and blogs to try and engage young voters.

The top five songs in Round One were “Suddenly I See” by KT Tunstall, “Rock This Country!” by Shania Twain, “Beautiful Day” by U2, “Get Ready” by The Temptations, and “I’m a Believer” by Smash Mouth. Five top write-ins were also added to the list of round 2 nominees: “Are You Gonna Go My Way” by Lenny Kravitz, “Ain’t No Stoppin’ Us Now” by McFadden & Whitehead, “Every Little Thing She Does Is Magic” by The Police, “You and I” by Celine Dion, and “The Best” by Tina Turner.

Many of the nominated songs are from international artists; Tunstall is Scottish, Twain is Canadian, and U2 are Irish.

Wikinews interviews Joe Schriner, Independent U.S. presidential candidate


Saturday, April 17, 2010

Journalist, counselor, painter, and US 2012 Presidential candidate Joe Schriner of Cleveland, Ohio took some time to discuss his campaign with Wikinews in an interview.

Schriner previously ran for president in 2000, 2004, and 2008, but failed to gain much traction in the races. He announced his candidacy for the 2012 race immediately following the 2008 election. Schriner refers to himself as the “Average Joe” candidate, and advocates a pro-life and pro-environmentalist platform. He has been the subject of numerous newspaper articles, and has published public policy papers exploring solutions to American issues.

Wikinews reporter William Saturn? talks with Schriner and discusses his campaign.

California meat packing firm recalls 143M pounds of beef


Sunday, February 17, 2008

I am dismayed at the in-humane handling of cattle that has resulted in the violation of food safety regulations at the Hallmark/Westland Meat Packing Company.

In a press release today, California-based Hallmark/Westland Meat Packing Co. indicated that it has voluntarily recalled just over 143 million pounds (65 million kilograms) of raw and frozen beef products, which is considered to be the largest single recall of beef products in U.S. history. The move follows an investigation by the United States Department of Agriculture (USDA) into allegations of animal cruelty and mishandling of cattle destined for the human food chain.

The USDA’s Food Safety and Inspection Service (FSIS) had determined that beef products produced by the Chino, California company were unfit for human consumption as the cattle had not received “complete and proper inspection.”

The recall has been designated as Class II, which the USDA describes as “a health hazard situation where there is a remote probability of adverse health consequences from the use of the product.”

On Friday, Secretary of Agriculture Ed Schafer indicated that charges had been laid against employees of the plant alleged to have taken part in the mistreatment of cattle. “Today [Friday], the San Bernardino District Attorney filed felony animal cruelty charges against two employees who were terminated by Hallmark/Westland Meat Packing Company,” said Schafer. “It is regrettable that these animals were mistreated and I am encouraged and supportive of these actions by the San Bernardino District Attorney in response to this mistreatment.”

The USDA learned of the possible inhumane handling of non-ambulatory (disabled) cattle at the packing plant on January 30 and has since suspended activities at the plant. “We continue to conduct a thorough investigation into whether any violations of food safety or additional humane handling regulations have occurred,” said Secretary Schafer in a press release. “On February 8, our Office of the Inspector General took the lead on the investigation. At that time, USDA extended the administrative hold on Hallmark/Westland Meat Packing Company products for the National School Lunch Program, the Emergency Food Assistance Program and the Food Distribution Program on Indian Reservations while the investigation continues,” said Schafer.

The FSIS reported that Hallmark/Westland had not contacted the FSIS public health veterinarian, as required, when cattle became ill or disabled after undergoing ante-mortem (slaughter) inspection, putting the company out of compliance with FSIS regulations. “Because the cattle did not receive complete and proper inspection FSIS has determined them to be unfit for human food and the company is conducting a recall,” explained Secretary Schafer.

The cruelty charges stem from an undercover video that reportedly showed sick cattle being moved by crews using forklifts.

“Words cannot accurately express how shocked and horrified I was at the depictions contained on the video that was taken by an individual who worked at our facility from October 3 thru November 14, 2007,” said Steve Mendell, President, Westland Meat Co. and Hallmark Meat Packing. “We have taken swift action regarding the two employees identified on the video and have already implemented aggressive measures to ensure all employees follow our humane handling policies and procedures. We are also cooperating with the USDA investigators on the allegations of inhumane handling treatment which is a serious breech of our company’s policies and training.”

The USDA stressed that it is “extremely unlikely” that the cattle involved were at risk for Bovine spongiform encephalopathy (BSE) or mad-cow disease due to the employment of multiple safeguards. The USDA felt the recall was required, however, as the plant had allegedly violated USDA regulations.

The recall involves raw and frozen beef products produced on various dates from February 1, 2006 to February 2, 2008. For further information about the recall, consumers, media, and distributors are encouraged to contact Hallmark/Westland’s Plant Manager Stan Mendell or Food Safety Consultant Steve Sayer at (909) 590-3340 or the FSIS website, www.fsis.usda.gov.

How Can 4 Pillars In Victoria Help With Your Debt?


byAlma Abell

If you are in debt, and you know that you are unable to climb out of your financial problems on your own, you will want to find someone who can help. 4 Pillars in Victoria is a great option that has provided much-needed relief for many clients who are living on Vancouver Island, and they can do the same for you. Let’s look at some of the ways that they can help you.

Helping With Debt Relief

Naturally, if you are currently in debt, you need to find some debt relief sooner rather than later. When you work with 4 Pillars in Victoria, they will work with you to help create a strategy to reduce your overall debt by up to 80%. Imagine just how much this could end up helping you save and how good it is going to feel once you are finally out of debt. One of the clients who worked with 4 Pillars was $87,400 in debt, and the client was able to reduce that amount to just $12,000. No matter how far in debt you are and no matter how hopeless you feel it might seem, there is help for you.

Could Bankruptcy Be the Right Option

In some cases, the best option possible for a client to file for bankruptcy. While this might seem like a scary thing to do, and you worry that your finances are never going to get back under control if you file for bankruptcy, that’s not the case. In fact, bankruptcy Pillars in Victoria can explain how this will impact you now and in the future and help you through the process to recover from bankruptcy as you work with a Licensed Insolvent Trustee.

When You Are Out of Debt

Once you are finally out of debt, you will find that 4 Pillars in Victoria can still help you. They will provide you with an aftercare plan that helps you to get your credit back on track, so that you can rebuild it. Having a path and following that path will help you to make sure that you never again find yourself in the financial problems that you are facing right now. The sooner you get started on this path, the sooner you will be out of debt and able to get back to your life.

Wikinews’ overview of the year 2008


Wednesday, December 31, 2008

Also try the 2008 World News Quiz of the year.

What would you tell your grandchildren about 2008 if they asked you about it in, let’s say, 20 years’ time? If the answer to a quiz question was 2008, what would the question be? The year that markets collapsed, or perhaps the year that Obama became US president? Or the year Heath Ledger died?

Let’s take a look at some of the important stories of 2008. Links to the original Wikinews articles are in all the titles.

Australian government announces $52.5 million financial assistance package for Ford


Friday, May 5, 2006

Australian Prime Minister John Howard and federal industry minister Ian MacDonald today announced that the federal government would be providing Ford Australia with a AU$52.5 million (US$40.4 million) “financial assistance package”. Additional assistance will also be provided by the Victorian state government.

According to Mr Howard, the injection will secure Ford’s manufacturing operations in Australia “for the long term”.

From the package, AU$40 million will be used for the design and manufacture of Ford’s next model Falcon and Territory vehicles, which will be built in Australia.

Despite being given a major facelift in 2002 and another in 2005, the Falcon’s bodyshell dates back to 1998. The current Falcon will need to serve the company until at least 2007 when the new model is anticipated. In the meantime, it will face stiff competition from the completely new Holden Commodore (the Falcon’s major competitor) which will be released in the second half of this year.

The additional AU$12.5 million will be spent on the development of a light commercial vehicle platform, which will be built overseas and marketed to around 80 countries. Mr Howard said that the light commercial project would involve construction of a research and development centre, which will become the base for R&D projects in the region.

Mr MacFarlane said that the research facility was exciting for Australia and that it would put the Australian automotive in the spotlight.

“The funding has helped Ford Australia secure the largest automotive R&D project ever undertaken in Australia which is equally exciting news for local Ford employees and Australian component producers” he said.

“The project will see Ford Australia become a centre for automotive design and engineering excellence in the Asia Pacific region which will bring spin-off benefits for the broader industry,”

“This opportunity will put both Ford Australia, and the Australian automotive and components sectors on the world map as far as our automotive design and engineering capabilities are concerned.” Mr MacFarlane said.

Mr Howard claims that the projects will create 273 jobs and secure the future of the “iconic” Ford Falcon, which has been built in Australia since 1960.

The financial package is conditional upon Ford Australia giving the Australian automotive component industry an opportunity to supply components for the vehicles produced by the two projects.

California employees owe state US$13.3 million in unpaid loans


Sunday, April 24, 2011

The California Controller’s office reports that eleven state agencies have given US$13.3 million in pay and travel advances that have not been collected.

Governor Jerry Brown issued an executive order to recover uncollected loans by the agencies. A press release from the governor’s office states, “The Governor’s Executive Order seeks to recover taxpayer dollars by directing state agencies and departments to clear salary and travel advances within 30 days through an expense claim.” Any outstanding balance will be deducted from employees’ paychecks under the governor’s order after the 30 days.

Under California state law, state employees are permitted to receive advances for hardship, travel, and other circumstances. These advances cannot be collected by agencies after three years without the employee’s consent.

State Controller John Chiang said in a statement, “The state’s poor debt collection and accounting practices are fleecing public coffers at a time when vital public programs are being decimated by unprecedented budget cuts.” Chiang’s office expects there will be more money unaccounted for, including some from the California Highway Patrol (CHP). California state law mandates that anyone convicted of driving under the influence of alcohol is required to pay for the investigation. The CHP has not collected this money.

The California Department of Transportation, also called Caltrans, has the largest debt of the eleven agencies: $3.2 million. Cal Fire, or the California Department of Forestry and Fire Protection, “had an outstanding balance of $1.44 million as of June 30, 2008. An overwhelming portion of that balance was related to employee salary and travel advances,” according to a controller’s office audit.

Chiang’s office had informed former California governor Arnold Schwarzenegger there were outstanding debts, but Schwarzenegger’s administration did not take action.

All eleven agencies have agreed to hand over any delinquent accounts to the controller’s office, who will collect these debts.