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.
Tuesday, October 4, 2005
Reliant Energy and CenterPoint Energy–two local utilities in Houston, Texas–plan to increase consumer rates in response to increased demand and recent disasters.
Reliant Energy is expected to raise rates to effect a 14% increase on a 1,000 kilowatt-hour bill. A typical customer could see an increase up to $20 per month. Reliant has reached an agreement with the Texas Public Utilities Commission to raise rates in two steps, once at the end of October, and again on 1 January 2006.
CenterPoint Energy must increase charges for services such as meter-reading and customer service. The Texas Public Utilities Commission prohibits natural gas companies from buying wholesale product, raising rates, and reselling. Wholesale prices of natural gas also continue to rise due to increased demand and declining domestic supply. Natural gas cannot be easily shipped to other regions like oil.
Consumer energy prices are expected to rise across the state, in some cases as much as 20%.
The Texas Public Utilities Commission must approve rate increases before they go into effect, but approval is expected.
Reverse Mortgage Basics : A New Kind of Loan
by
springersf
If youre a home-owner who is sixty two years of age or older and youre having trouble making ends meet , consider a reverse mortgage. A
reverse mortgage
is a new type of mortgage that you can apply against your home. It converts part of the equity in your home into cash without requiring you to sell your home or pay monthly bills . Generally , the older you are when you apply, the higher the equity-to-cash ratio will be.
A reverse mortgage
doesnt have to be repaid as long as the home remains your primary residence, but it has to be repaid when the last surviving borrower dies , sells the home , moves out, refinances the home or fails to meet the obligations of the loan. When that time comes, you have six months to repay the loans balance or sell the home to pay off the balance. Its unlikely that your home will sell for less than the balance of the
reverse mortgage,
but if it does, you wont be held liable . If you or your heirs would like to retain ownership of the home , however, you must repay the loan in full, even if you owe more than the home is worth. If there are proceeds beyond the amount owed, they will be transferred to your spouse or estate.
[youtube]http://www.youtube.com/watch?v=MQP2jksXFSg[/youtube]
Reverse Mortgages vs. Traditional MortgagesReverse mortgages
are referred to as such because they are essentially the opposite of
traditional mortgages
. Homeowners with a conventional mortgage begin with little to no equity in the home and then gradually pay the lender until they have 100% equity and own the home outright. On the other hand, homeowners with a
reverse mortgage
begin with significant or complete equity in the home, and the lender makes payments to them. Over time, the homeowner loses equity and the lender obtains equity.
When you have a reverse mortgage
, you continue to own your home and pay property taxes, utilities, and homeowners insurance just like always. The difference is that the lender pays you each month and there are no principal and interest payments to worry about.
Reverse mortgage
loan advances arent taxable. To be eligible for a reverse mortgage, you must be 62 years of age or older, reside in your home, and own your home outright or have a low mortgage balance that can be paid off at closing with proceeds from the reverse mortgage.
Is a Reverse Mortgage Right for You? If your income is minimal and youre struggling to keep up with living expenses, a reverse mortgage
may be right for you. A
reverse mortgage
can help you stay in your current home or enhance your retirement years by covering the cost of medical care, home repairs, and more. If you are capable of meeting your financial obligations with the assets you have, however, obtaining a
reverse mortgage
probably isnt a good idea. Only those with significant financial need should consider a reverse mortgage, as it involves giving up equity in your home.
To determine whether a reverse mortgage
is a good option for you, assess your financial situation thoroughly and predict your future needs. It is also required under federal law that you meet with a housing counselor, who will explain what
reverse mortgages
are about and explore possible alternatives with you. If you determine that a
reverse mortgage
is indeed appropriate for your situation, investigate different lenders and ask friends and family for recommendations. As with any type of mortgage, it pays to shop around!
http://www.keithspringer.com
Article Source:
ArticleRich.com
Saturday, September 10, 2016
A cube of ice, weighing about ten tons (about 9000 kg) and measuring 80 inches (2m) per side, is melting in Seattle, Washington’s Occidental Park. The temporary art installation, set up yesterday morning, “showcases the stages of the natural water cycle as the ice shifts from opaque to translucent”, the artists said.
The project is part of the Seattle Design Festival, and was designed by Olson Kundig Architects’ Clay Anderson, Noah Conlay, Jarri Hasnain, Gregory Nakata, and Mark Olthoff. Crews began assembling blocks yesterday morning and had stacked all 64 blocks in place by 8:00 am.
The cube drew tourists, workers at lunch, and photographers. Image: Dennis Bratland
The cube drew tourists, workers at lunch, and photographers. Image: Dennis Bratland
The cube drew tourists, workers at lunch, and photographers. Image: Dennis Bratland
It is not certain how long the 64 blocks of ice that make up the cube will take to melt, and discovering how the process unfolds is part of the intent. Olson Kundig contacted University of Washington meteorologist Cliff Mass to try to estimate the time it would take to melt, which Mass called “not a trivial calculation”. He said the variables included how much sun warms the block, in turn dependent on cloud cover; condensation on the block’s surface, thus variables like humidity, temperature, and wind; and heat conduction, both from the ground and from the surrounding air.
The installation inspired photographers at The Seattle Times, and under the hashtag #ok_icecube at Instagram and Twitter.
Tuesday, September 27, 2005
Brampton — Suresh Joachim of Mississauga, Ontario continues to amaze, breaking yet another world record, this time at The Bay Court in Shoppers World.
From Thursday, September 22 at 8 am, to Saturday, September 24 at 3:05 pm, Suresh ironed continuously for 55 hours and 5 minutes, in front of the thousands of onlookers shopping at the mall those three days.
The achievement, now submitted to the Guinness Book of World Records, breaks the previous record by Eufemia Stadler of Zurich, Switzerland. Stadler completed 40 hours of continuous ironing from September 16-18, 1999.
Originally from Sri Lanka and Australia, Joachim is no stranger to the folks at Guinness. He currently holds twenty other records, ranging from greatest distance travelled on ‘up’ and ‘down’ escalators (225.44 km between May 25 and May 31 1998), furthest travelled on a treadmill in one week (659.27 km at a gym in Paris, France), and longest dance marathon by an individual (100 hours at the Dixie Outlet Mall).
This September, Suresh watched television in the lobby of WABC in New York City for 69 hours and 7 minutes, breaking the previous record by 19 hours. The event was covered daily on the talk show “Live with Regis and Kelly” as part of their Guinness World Record Breaker Week. He also recently set the record for longest time rocking in a rocking chair, at 75 hours.
A DJ on BBC Radio Cambridgeshire recently tried to break Joachim’s record for longest continuous time as a DJ. He was unsuccessful, and Suresh’s 120-hour World Record set on Geethavaani Tamil Radio in Scarborough stands unharmed.
The event helped raise funds for the Universal Fund for Suffering Children, whose funds are “utilized to save the world’s children from poverty, disease and war.” All of Joachim’s stunts have been dedicated to this charity.
What’s next for Suresh? He plans to start static cycling from October 18th, 2005 to October 22nd, 2005, in Britain. Suresh’s goal is 150 world records, which would beat the long-time record breaker Ashrita Furman, who has accumulated 94 records. While Furman started two decades ago, Suresh only discovered the Guinness Book of World Records in 1991, and started record breaking in 1996.
You can visit Suresh online at www.sureshjoachim.org
|
|
This article features first-hand journalism by Wikinews members. See the collaboration page for more details. |
|
|
This article features first-hand journalism by Wikinews members. See the collaboration page for more details. |
| |
This page is archived, and is no longer publicly editable.
Articles presented on Wikinews reflect the specific time at which they were written and published, and do not attempt to encompass events or knowledge which occur or become known after their publication.
Got a correction? Add the template {{editprotected}} to the talk page along with your corrections, and it will be brought to the attention of the administrators.
Please note that due to our archival policy, we will not alter or update the content of articles that are archived, but will only accept requests to make grammatical and formatting corrections.
Note that some listed sources or external links may no longer be available online due to age.
|
| |
This page is archived, and is no longer publicly editable.
Articles presented on Wikinews reflect the specific time at which they were written and published, and do not attempt to encompass events or knowledge which occur or become known after their publication.
Got a correction? Add the template {{editprotected}} to the talk page along with your corrections, and it will be brought to the attention of the administrators.
Please note that due to our archival policy, we will not alter or update the content of articles that are archived, but will only accept requests to make grammatical and formatting corrections.
Note that some listed sources or external links may no longer be available online due to age. |
Friday, August 7, 2009
The remaining six workers staging an occupation in Newport, Isle of Wight, England have left peacefully after police entered their factory.
After barricading the office which has served as a living quarters for 19 nights against police entry, three of the workers, Justin Moody, Mark Smith, and Dave Arbuthnott, exited via a fire escape escorted by security staff; two, Ian Terry and Mark Flower, abseiled down the factory’s wall; and Jaymie Rigby jumped thirty feet from a balcony to the bushes below. Rigby was examined at a local hospital after the jump but was found to be in good condition and released. The six were processed by police but not arrested.
The six, who as part of a group of around 25 entered the factory on the evening July 20, had been conducting their occupation in a bid to get the government to nationalise the factory. Despite rising profits and rising orders, Vestas has decided to close their production facilities in the United Kingdom and most of their facilities in Denmark, at a cost of 1900 jobs, in order to concentrate on growth in North and South America and in Asia. The Vestas factory in Newport does not produce blades for the UK market and the company has refused both a £6 million grant and offers from the government to assist the company in re-tooling the plant for production of British blades.
The company, in turn, blames the British government for making it too hard to obtain planning permission for on-shore wind farms. A Vestas spokesman, commenting to the BBC about the end of the occupation, said, “we have always understood the frustrations of the workers but have been surprised at the length of this action.”
The evicted workers say that, after spending time with their families, they plan to return to the protests against Vestas, joining the impromptu camp of hundreds of protesters which has sprung up outside the factory gates. The Vestas occupiers have received support from a broad coalition of left-wing political parties, trade unions, environmental groups, the Tory-dominated Isle of Wight Council, and a handful of MPs; today, the last major left party which had not joined the coalition, Arthur Scargill‘s Socialist Labour Party, released a statement saying
|
does it make sense that Vestas should be closed and the green ecology so beloved of this government should be transported here from the far corners of the world? The only sensible demand is for the nationalisation of the entire energy industry. |
|
The SLP’s spokesman, Alan Johnson, went on to tell Wikinews that the occupiers “have our full support.” None of the three large parties dominating the British parliament have backed the Vestas workers, however, although the ruling Labour Party has recently sponsored talks between among the coalition of trade unions supporting the occupiers.
Police served the remaining occupiers notice to vacate the premises yesterday at noon; Vestas’s first attempt at obtaining a warrant was stymied in court when the defence successfully argued that notice requiring possession had not been correctly served to the occupiers.
The occupiers lived in the factory twenty-four hours a day during the occupation, sleeping in a 1600-square-foot (149-square-metre) office, maintaining hygiene as well as possible in the factory’s bathrooms, and eating one small meal a day — initially from the contents of vending machines, then from what the company management supplied supplemented by whatever protesters were able to get over the fence surrounding the factory. The RMT, which has arranged legal representation for the Vestas occupiers, has accused Vestas of violating human rights and at one point said it would arrange to have a helicopter airlift food into the workers.
The end of the Newport occupation does not represent the end of unrest at Vestas’s facilities in the Isle of Wight, however. A number of workers at Vestas’s smaller plant in Cowes occupied the plant there on the evening of August 4, with activists from the RMT and environmental groups taking to the roof and waving flags proclaiming the occupation.
byAlma Abell
A stylish fireplace can form a wonderful addition to any home, adding class, style, a great centrepiece, and practicality. With some great designs and styles available these days, you can find the perfect fireplace for your home whether you live in a traditional or a new property. With the right fireplace you can make your living room really stand out, drawing attention to your centrepiece as soon as people enter the room.
Of course, cost is an important factor when it comes to buying a fireplace. Luckily, when it comes to stylish fireplaces in Stoke Newington residents can find some great deals these days. With competitive prices available on both traditional and contemporary fireplaces, you can find the perfect one for your home.
What to look for in a fireplace for your home
Price is a very important consideration for those who are choosing a fireplace for the home, but there are also other factors that you need to look at in order to make sure you find the right fireplace for your needs. Some of the factors to consider include:
1. The design of the fireplace: You can choose from both traditional and contemporary fireplaces these days, so you need to make sure the design and style you choose is going to fit in with the surroundings and decor of your home. Therefore, take some time to think about the style that will most suit the room in which the fireplace will be installed.
2. Colour and material: You can get fireplaces in a range of materials and colours these days, so you need to think about what you want for your home. Remember, factors such as your budget and the style of your home will affect your choice when it comes to colours and materials.
3. The size of the fireplace: You need to make sure you choose a size that is going to suit the room in which the fireplace will go. Therefore, take some measurements to see how much room you have to play with in terms of width and height. You can then choose an appropriately sized fireplace for your room.
Taking all of these factors into consideration in addition to the cost aspect of your purchase will help you to make the right choice.
Thinking of installing fireplace in your home? Ash & Embers provides full design and installation service for fireplaces in Stoke Newington. Visit them online!
Monday, April 20, 2009
The government has announced 13 June as the date for the upcoming Mount Albert by-election.
The by-election has been caused by former Prime Minister Helen Clark‘s departure to head the United Nations Development Program. While it is considered to be a safe Labour seat, the by-election is expected to be heavily contested.
Candidates must be nominated by 19 May.
Nominations for the Labour Party close on Wednesday. So far four candidates have put their names forward: Auckland city councillor Glenda Fryer, former candidate Hamish McCracken, University of Auckland political studies lecturer Meg Bates and employment lawyer Helen White. List MP Phil Twyford, widely expected to succeed Ms Clark, has not put his name forward.
The National Party has narrowed its possible candidates down to two: list MP Melissa Lee or unsuccessful 2008 candidate Ravi Musuku. The decision will be made at a party meeting on 4 May.
The Greens and ACT New Zealand will both contest the by-election, but have yet to select candidates.
Tuesday, June 30, 2020
Recently, Finnish open-source video game developer Perttu Ahola discussed Minetest, his “longest ever project”, with Wikinews.
Started in October 2010, Minetest was an attempt by Ahola to create a sandbox game similar to Minecraft. Minecraft is a multi-platform commercial game, which was in alpha version when Ahola challenged himself to create something similar to it from scratch, he told Wikinews.
Minetest is an open-source game, which is free for anyone to download and play. It is written in the C++ programming language, and the source code is available on code-hosting site GitHub. According to Ahola, Minetest attempts to run on older hardware, with limited graphics, but to be accessible to more people: those who have outdated technology, and making it available for no cost. Minecraft, on the other hand, is a paid game, currently costing USD 26.95 for its computer version. Minecraft is currently owned by Microsoft, and performs poorly on older hardware.
A correspondent from French Wikinews contacted Perttu Ahola via Internet Relay Chat a few weeks ago, discussing Minecraft. This interview is built on top of the previous interview, as we take a deeper dive into knowing more about this free game which is about to turn ten years old in a few months.
Saturday, October 23, 2021
China property giant Evergrande Group wired USD83.5 million in interest owed in an offshore bond from September 23 on Thursday, temporarily averting default, according to a Reuters source and Chinese newspaper Securities Times.
The wire to a Citibank fiduciary account following a 30-day grace period came after assurances by various members of the Chinese government, Reuters reported. At a Beijing forum Wednesday, Chinese Vice Premier Liu He described the risks as controllable, and chairman of the China Securities Regulatory Commission Yi Huiman said that while authorities needed to curb excessive debt more broadly by “improv[ing] the effectiveness of the constraint mechanism on debt financing”, the matter would be dealt with properly.
Once China’s top real estate developer, Evergrande had accumulated approximately USD305 billion in liabilities, two per cent of the Chinese gross national product, after “dwindling resources” cut its value by 80%, according to Reuters. September data revealed Chinese home sales by value fell by nearly 17% year-on-year, according to The Guardian, and fears over its default led to a slowdown in China’s third quarter GDP growth to a year low of 4.9%. Two sale negotiations with rival developers Hopson Development and Yuexiu, valued at USD2.6 billion and USD1.7 billion, respectively, were suspended, reportedly due to a lack of consent by the government of Guangdong province currently overseeing Evergrande’s restructuring.
News of Evergrande’s remittance caused its shares to rise by as much as 7.8% this morning after a two-week pause in trading for the anticipated sale of 50.1% in Evergrande Property Services Group, and offering some reprieve for bondholders, according to Reuters. Portfolio manager at GaoTeng Global Asset Management James Wong, interviewed by The Guardian, called the news “a positive surprise”, adding “[i]f Evergrande pays this time, I don’t see why it won’t pay the next time.” Jun Rong Yeap for IG Asia pte., interviewed by Bloomberg, said the report “overturned” the narrative “that Evergrande will face difficulty in securing cash ahead”.
Further missed payments are due October 29 and November 11 after similar 30-day grace periods; including yesterday’s USD83.5 million, nearly USD280 million is owed to bondholders.
Stocks have been down for many major Chinese developers: Reuters Wednesday reported year-to-date stock prices fell 87.8% for Sinic Holdings, currently in Fitch Ratings’ ‘restricted default’ after failing to make an October 18 bond payment valued, according to The Guardian, at USD246 million; 80.2% for Evergrande itself; 78.3% for E-House, 58.5% for Fantasia Holdings and 54.6% for Kaisa Group, which defaulted in 2015 and had bonds reach record lows.
Estimates of the Chinese real estate market’s size range from 16 to 25% of the Chinese gross domestic product, according to The Guardian. Chinese President Xi Jinping’s aim to transform the country’s economy from one of debt-fuelled “inflated” growth to one of improved “quality and returns” included imposing regulations on developers that limited their capacity to borrow. A Guardian comment piece from economist George Magnus published on October 15 made reference to China’s “ghost cities” and “rampant credit creation” that has given rise to high vacancy rates and the “financialisaton of housing”.