Destroyed Kelso High School to be rebuilt

Thursday, December 22, 2005

Kelso High School ablaze

The future direction of Kelso High School has become a little clearer following an announcement by the New South Wales government that the school will be rebuilt on its former site as a year 7 to 12 secondary school.

The original school built in 1978 was destroyed by fire on August 18, 2005. The cause of the fire remains a mystery. Following the fire, students were receiving lessons at a number of locations around Bathurst, but have since returned to the Kelso High School site where they are housed in demountable buildings on the school’s oval. The ruins of the former school lay behind.

A report made following a series of community meetings into the replacement of the school earlier this month said that the community wished for Kelso High School to be rebuilt at its former site as a secondary school. The report also said that the community wished for Kelso and Bathurst High Schools to pool HSC resources by sharing subjects and allowing years 11 and 12 students to study across both campuses.

A number of models were proposed at the meetings. These included:

  • Rebuilding Kelso High School as a senior high school only (years 10 through 12) near Charles Sturt University and Bathurst TAFE. Under this plan Bathurst High School would cater for years 7 to 9.
  • Rebuilding Kelso High School as a middle school from years 6 to 9.
  • Rebuild Kelso High School as both a primary and secondary school, incorporating Kelso Public School.
  • Rebuilding Kelso High School as it was on its former site.

The proposal to rebuild Kelso High School as a secondary school and share HSC resources with Bathurst High School was made at the community meetings. Under this system, both schools will have separate principals and identities with a college director co-ordinating HSC activities between the two campuses. If one school does not offer a subject the student is interested in they will be able to take that subject at the other campus.

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US stock markets reach 12-year lows

Thursday, March 5, 2009

Logarithmic graph of the Dow from January 2000 through December 2008

US stock markets dropped to twelve-year lows on Thursday, amidst falling confidence in the financial sector and worries over whether the US automobile manufacturer General Motors will be able to keep operating.

The Dow Jones Industrial Average dropped by 4.08%, or 280.52 points, at the closing bell, reaching a level of 6595.32, a new 12-year low. The Nasdaq Composite lost 54.15 points, or 4%, to 1299.59, while the Standard & Poor’s 500 plunged by 30.27 points, or 4.25%, closing at 682.60.

Every stock in the Dow Jones, other than Wal-Mart, either lost ground or remained even, and all stocks in the S&P 500 index lost ground.

General Motors’ shares lost 15.5% after the auto firm announced that its auditors had “substantial doubt” over whether it would be able to keep operating.

Shares of financial companies were lower by nine percent, with Bank of America losing 11.7% and Citigroup falling by 9.7%.

“What’s most worrisome is that we haven’t hit the crescendo yet,” said Bill Groeneveld, the head trader for vFinance Investments. “Asset-management divisions are getting calls to just liquidate everything, and we haven’t seen the big players come back in at all.”

“This is one of the worst bear markets in the last 100 years; it started out with the credit crisis and the subprime [loans], but it is like a forest fire that has raced across the clearing and ignited other parts: Autos, auto parts, the insurance companies have been hit very hard. The credit crisis is causing an unraveling of industry after industry because the banks don’t lend,” said David Dreman, the chief investment officer of Dreman Value Management.

European markets were also lower today, with the London’s FTSE index losing 3.2% and the DAX index of Germany falling by five percent.

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China overtakes Germany as world’s biggest exporter

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.

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Controversial Queensland Premier of 19 years dies at 94

Saturday, April 23, 2005Queensland Australia’s Sir Joh Bjelke Petersen, a controversial figure who served as the State’s Premier for 19 years and reigned over the government that later became the subject of the Fitzgerald Inquiry, has died in hospital at Kingaroy, aged 94.

“By any measurement, Sir Joh was an exceptional state builder who will be remembered for consistently placing Queensland first,” said the Australian Governor General, Major General Jeffery, in a statement.

Australian Prime Minister, John Howard: “He was certainly a strong political figure and I extend my condolences to his wife and his family.”

But not all voices were sympathetic, prominent Queensland Aboriginal activist Sam Watson for example: “Aboriginal people will always remember him as a racist, a thug and a dictator.”

Having suffered severe ill-health for some weeks, and declining health for years, Sir Joh passed away at around 6pm AEST. He was surrounded by his family, who had been summoned yesterday by Lady Flo, his wife and one-time Senator, for final goodbyes.

Phrases such as “Don’t you worry about that” and “Goodness gracious me” were like trademarks to the maverick leader.

Known simply as ‘Joh’ to many, he would famously describe press conferences as ‘feeding the chooks’. Today Kingaroy locals taunted waiting press with cries from “You’re chooks, you’re chooks, ha ha” to “Go home, ya vultures”, and some obscenities, reported the Courier-Mail of Brisbane.

His fall from power at the end of the 80s was surrounded in controversy, with the state embroiled in corruption findings going to the level of his deputies, and Bjelke Petersen’s claims of ignorance coming under challenge with charges of perjury. The case was never heard due to a controversial hung jury: the foreman of the jury, Luke Shaw, had been an office-bearer of the Young Nationals — an arm of Bjelke Petersen’s National Party — as well as a member of a group calling themselves ‘Friends of Joh’.

Having had his start in life as a peanut farmer in remote Kingaroy, the former Premier was fit up until the very end, but palsy was paralyzing his muscles and organs, to which he eventually succumbed.

“Throughout his life Sir Joh combined enormous energy, vision and an immense capacity for hard work, most especially during his 19-year term as Premier of Queensland,” the Governor General said.

“What looked to us to be huge risks at the time turned out to be nation building,” said Bob Katter, a former minister of Joh’s Government, who credited Sir Joh with starting the Queensland coal, aluminum and tourism industries.

He is also remembered for dismantling many of the State’s unions, and for a somewhat totalitarian and heavy handed style of keeping control.

Under Joh, street protests were banned and Special Branch monitored extensively those the authoritarian leader saw as subversives, measures prompting Queenslander, Australian Civil Liberties Council, Terry O’Gorman, to comment Sir Joh was “the most appalling premier Queensland has ever had in terms of civil liberties and human rights”.

Joh was also influential in the famous case of the Dismissal by the Governor General of then-Prime Minister Gough Whitlam, in 1975.

In his last years as Premier, he had taken his cause to the nation’s capital, with the “Joh for PM” campaign. But this distraction has been credited with the downfall of his government, with corruption investigations at last being conducted by his stand-in, Bill Gunn.

The body of Sir Joh, who was of Lutheran faith, is to be buried at Bethany, the family property near Kingaroy.

Unsolicited quotes from ordinary Australians, many ex-Queenslanders seeking refuge in southern states, on hearing the news:

“Outrageous bastard! Oh God! That was polite!” — “Karen”

“Guilty as Hell. And that’s where he is now.” — “Michael”

“Yay! Good riddence to bad rubbish” — “Liza”

“The dictator is gone our time 2 sing” — “John. H.”

“Yeah he took a while — about 90 f*cking years overdue!” — “Hose Man”

“The pope an joh at least somethin going right” — “Helen”

“Corrupt f*cking sh*teating Bible-bashing f*ckw*t is dead. And thank f*ck. I haven’t been so happy since September 11!” — “Greg”

“I don’t drink but I’ll be having a red whilst dancing on his grave.” — “Cellest”

“Ding dong the d*ck is dead!” — anon.

“Yeahhh!!! Fucking finally” — “Leo”

“It’s a great day today the Rednecks are silent a great victory has been won” — “Zenner”

Wikinews
This article features first-hand journalism by Wikinews members. See the collaboration page for more details.
Wikinews
This article features first-hand journalism by Wikinews members. See the collaboration page for more details.
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Surgeon declares that Fidel Castro does not have cancer

Wednesday, December 27, 2006File:Fidel Castro 102006.jpg

Fidel Alejandro Castro Ruz in October 2006(Image missing from Commons: image; log)

José Luis García Sabrido, the chief surgeon at Gregorio Marañón hospital in Madrid who treated 80-year-old Fidel Castro last week, announced that the intestinal bleeding which led to surgery was not caused from cancer. Rather, he had a “benign illness” with a series of complications. He is currently recovering from a serious operation. When asked if Castro had cancer, Sabrido responded, “From what I know, I absolutely deny it.”

Sabrido refuses to declare which caused Castro’s illness, keeping in the Cuban government’s wishes, however The New York Times says diverticulitis is a common, non-cancerous cause of intestinal bleeding.

US politicians still believe that Castro is seriously ill; there is speculation in Washington and among Cuban exiles that Castro has colon cancer. John D. Negroponte, the United States Director of National Intelligence, told The Washington Post that Castro is “terminally ill” and will be dead in “months, not years.”

Fidel Castro transferred his position to his brother Raul on July 31 due to intestinal surgery. The Cuban government has since kept his health situation relatively secret; this is the first time a medical expert outside the Cuban government has commented on his health since he dropped from the public view in July.

According to recent reports, Castro will be healthy enough to be President of Cuba again.

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Ukrainian ship MV Faina with cargo of tanks freed by pirates

Thursday, February 5, 2009

Pirates standing on the vessel’s deck on October 19, 2008.

Pirates in Somalia have released the MV Faina, a Ukrainian ship carrying a cargo of 33 T-72 tanks, along with 20 of its crew of 21, the Russian captain having been killed by hypertension during the hijack.

A ransom of US$3.2 million was paid for the ship’s release, compared to the $20 million previously demanded and also down from the initial request for $35 million after the capture in September. By January 16 the ransom sought was $5 million, with negotiations occurring directly between the pirates and the ship’s owner. In October the pirates threatened to blow the ship up unless this was paid within days, and stated they were willing to die and take the crew with them, but this threat was never carried out.

The ransom came in on Wednesday, and after counting the money the pirates left the vessel on Thursday. One pirate, Segule Ali, said of the payment that “no huge amount has been paid, but something to cover our expenses.”

No huge amount has been paid, but something to cover our expenses

The ownership of the cargo, which includes ammunition, rocket launchers, small arms and spare parts as well as tanks, is uncertain. Although the shipment was said to be for Kenya, as acknowledged by the Kenyan government, the pirates claim to have documents proving they were destined for Sudan, currently the subject of a United Nations arms embargo. Sudan denies this.

At one point, with the ship anchored off Harardhere, the pirates claimed they had put down an attempted revolt by the crew. However, the Faina’s owner has expressed doubts about the veracity of this report, which originated with the pirates themselves.

The remaining crew are reported to be healthy by the Ukrainian Presidency and the ship is now heading to Mombasa under US Navy escort. There are 17 Ukrainians, two Russians and a Latvian on board.

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Murder, rape of Albert Namatjira’s great-granddaughter makes belated news

Monday, April 3, 2006

Sometime during the night of Friday, January 28, 15 year-old Jenissa Ryan was assaulted and raped in Alice Springs. She was discovered near the entrance of Centralian Senior Secondary College around 10:30 a.m., and a college employee called an ambulance. The attack was not reported in the mainstream national media until this week, when it became known that the victim was the great-granddaughter of famous indigenous artist Albert Namatjira.

In an article published in Saturdays Sydney Morning Herald, Russell Skelton said that the fact that she was an Aborigine, and the location of her bashing, contributed to her death. “If Jenissa had been white, she might be alive today, though the scars of her brutal bashing and rape could never be erased. If she had been bashed and left for dead almost anywhere else, assistance would have been immediate and the outrage strident.” He also said that if her connection to Namatjira had been known, Jenissa’s death would have been a “national scandal.”

Police believe that she was attacked by a number of youths her own age while walking home. She continued to walk home, but collapsed unconscious near the entrance to the college. Here, according to police, she was found by three teenage boys, who dragged her out of view and raped her.

Jenissa was still alive when found. Skelton considered it likely that people had seen her during the morning but done nothing. “That means a number of residents of middle-class Grevillea Drive probably noticed. The white T-shirt and striped tracksuit pants were hard to miss,” he said.

She was taken to Alice Springs Hospital, and then flown to Adelaide’s Women and Children’s Hospital.

On February 13 Northern Territory Police charged a 16 year-old male and a 15 year-old female with assaulting Jenissa Ryan. Three other males, aged 14, 15, and 16, have been charged with having unlawful sexual intercourse with Jenissa Ryan. Police expressed gratitude for the assistance they had received from members of the public.

Father Asaeli Raass said that both indigenous and non-indigenous people were in denial about the incident. “Yes, it’s a painful thing, but people are sweeping it under the carpet when they should be confronting the big issues Jenissa’s death raises,” he said. He also said that the initial wave of publicity “never travelled outside Alice Springs.”

Jenissa’s mother, Carmel Ryan, said that her daughter wanted to be a painter, like her great-grandfather. “She wanted to be like him, to make a creative contribution we would all be proud of. Tragically that can never be, but I feel nothing but sorrow for the parents of the children involved in this terrible event,” she said.

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Ontario Votes 2007: Interview with Communist Party candidate Johan Boyden, Toronto Centre

Friday, October 5, 2007

Johan Boyden is running for the Communist Party in the Ontario provincial election, in the Toronto Centre riding. Wikinews interviewed him regarding his values, his experience, and his campaign.

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Sub-prime lenders send jitters through global markets

Tuesday, March 13, 2007

Just two weeks after China sent global markets into a tumble, growing worries about sub-prime mortgage lenders in the United States are sending jitters through stock exchanges around the globe. The three major US stock market indices each fell two percent from Monday’s closing price, marking the second-biggest loss of 2007. London’s FTSE 100, Paris’ CAC 40 and Frankfurt’s DAX 30 indices each closed down more than 1 percent.

As the Mortgage Bankers Association reported that late payments on mortgages and home foreclosures in the US homes rose in the fourth quarter to their highest level in years, investors are concerned that not only US banks but also multi-national banks around the globe could have exposure.

More than two dozen sub-prime lenders have closed or sold operations as defaults on those mortgages have risen. “The delinquencies and defaults have started to soar,” said Nicolas Retsinas, director of Housing Studies at Harvard University. “A lot of these lenders started to make loans and lost track of some of the fundamentals.”

New Century Financial Corporation, the second largest sub-prime lender in the US, has recently revealed that its creditors were no longer providing funds and, further, it has become subject of an SEC investigation. The New York Stock Exchange has said it will delist New Century. Accredited Home Loan Lending, another major sub-prime mortgage specialist, said it was seeking fresh capital and waivers on its lending covenants.

Sub-prime lenders provide mortgages to people who do not qualify for loans from mainstream lenders, typically due to their credit histories. The lenders then bundle these mortgages as collateral for loans that they obtain from other financing firms, such as GMAC. Such firms can then repackage these loans and sell them as mortgage-backed securities. These securities may end up in the hands of major multi-national banks such as Citibank, HSBC, and Commerzbank. Each level of lending assumes a level of financial risk, but trouble can arise when the risk tolerances are exceeded. If too many homeowners default on their mortgages, the sub-prime lender can end up defaulting. If too many of these lenders default, as it is feared may be happening now, the defaults can cascade upward. While no one is predicting major bank failures at this point, it is feared that their profits could be hurt.

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