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September 16, 2008

Wikinews visits the 2008 Reno Air Races

Wikinews visits the 2008 Reno Air Races – Wikinews, the free news source

Wikinews visits the 2008 Reno Air Races

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Tuesday, September 16, 2008

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The last pass is flown, the final lap completed, the winner has long since left the circle with “Gold Unlimited” race trophy. The only thing left of the 45th National Championship Air Races & Air Show, in Reno, NV is the awards dinner, which will take place away from the airfields and hangars, and the photos and memories of the event.

The week’s festivities and hard fought races came to its climax on Sunday with the final races for the Biplane, Formula One, Jet, Sport, T-6, and Unlimited classes. This year saw some of the fastest races in its history as records were set in 4 classes; the Biplane Gold at 251 mph, the Jet Gold at 510 mph, the T-6 gold at 244 mph, and the Sport Class SuperSport Gold at 392 mph.

The highlight of the week was, of course, the Unlimited Gold Class race. The winner was Bill ‘Tiger’ Destefani in the P-51D Mustang, Strega. He finished the 8 lap, 66.9 mile course with a fastest lap of 483 mph. Additionally, this is Destefani’s 7th championship as well as his last year of racing. The Second and Third places went to Dan Martin in Dago Red and Michael Brown in September Fury, respectively.

Gallery

On the Ground / Pre-Race

Races

Demonstration flights

Sources

Wikinews
This article features first-hand journalism by Wikinews members. See the collaboration page for more details.

Location: 39°39′47.3″N, 119°52′39.1″W

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TV presenter Vernon Kay has to deny death claims after Wikipedia article claims he is dead

TV presenter Vernon Kay has to deny death claims after Wikipedia article claims he is dead

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Tuesday, September 16, 2008

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Vernon Kay, as illustrated in his Wikipedia article
Image: Michael G. Spiller.

News reports have said that British television and radio presenter Vernon Kay has been forced to state that he is not dead after an editor to the free content encyclopedia Wikipedia posted inaccurate claims that he was dead.

He said that “I am alive and kicking. A few friends rang to check that I was all right. I wish I was on a yacht in Greece,” in response to the claims.

After seeing these reports, Wikinews decided to investigate these edits further.

Wikinews learned that the first of these edits was made by a user contributing from the IP address 86.22.190.95. The IP address was from the United Kingdom and used by a user of the Virgin Media internet service.

The IP address added the claim at 10:05 UTC on September, 13 2008. They claimed that “Vernon Kay sadly passed away after falling off a yacht on Holiday in Greece.”

The next user to add to the claims was contributing from the IP address 86.22.191.253, which was also from the United Kingdom and used by a user of the Virgin Media internet service. This user claimed that “his funeral will be held on Friday the 19th of September in Bolton,” in addition to expanding on the report of his death.

At 11:11 UTC, over one hour after the claim was initially made, a new user, who identified himself as Woody55, removed the claims that he was dead, saying that Kay is “not dead.”

Just six minutes later, however, the claims were re-added. An edit war then took place with several contributors adding and removing the complaints over the next few days. The article was protected by a Wikipedia administrator from editing by new and anonymous users.



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Lehman Brothers files for bankruptcy

Lehman Brothers files for bankruptcy – Wikinews, the free news source

Lehman Brothers files for bankruptcy

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Tuesday, September 16, 2008

Lehman Brothers’ headquarters in New York City.
Image: David Shankbone.

Lehman Brothers, a major American investment banker, has filed paperwork for bankruptcy. It would be the largest collapse of an investment firm in 18 years.

Lehman attempted to find a buyer over the weekend but it met with no success. The last remaining bidder, Barclays PLC bank pulled out Sunday afternoon. Barclays, a United Kingdom-based bank, had become the sole bidder after a consortium led by Bank of America pulled out early Sunday morning citing that it would need government support before considering a bid. The support would consist of backing bad debts owed by Lehman. Barclays cited a similar reason for withdrawing its bid.

As of Monday morning, no buyer has come through to take control of the firm. As a result, the firm filed for bankruptcy protection.

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The main sticking point for potential buyers appears to be the unwillingness for the U.S. government to provide financial support. Hank Paulson, Treasury secretary, has repeatedly said that no government money will be given to Lehman or used in any takeover the firm. Government money was used in the takeover of Bear Stearns by JPMorgan Chase in March of this year. Bear Stearns suffered similar problems as Lehman.

A spokesmen for Barclays told the Financial Times, “the proposed transaction required a guarantee for the trading operations of Lehman Brothers that was potentially open-ended, and we were not willing to provide that guarantee.”

Paulson, along with other government officials, proposed a solution that Lehman would get split into two separate entities. However, this proposal has been discarded by many of Wall Street banks.

Members of the G8 have reportedly been keep abreast of the situation by U.S. government.

The firm, which has over 25,000 staffers, has suffered bad results due to the subprime mortgage crisis.



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  • “Work on Lehman Brothers’ rescue to continue over weekend” — Wikinews, September 13, 2008

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Large particle accelerators to explore the frontiers of physics

Large particle accelerators to explore the frontiers of physics

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Tuesday, September 16, 2008

Tunnel of the Large Hadron Collider (LHC) at CERN

The Large Hadron Collider (LHC) that started preliminary experiments on September 10, 2008 in CERN, Geneva, and the planned International Linear Collider (ILC) will carry out a series of experiments in the future to validate the standard model of particle physics. The model predicts that Higgs boson particles gives mass to all fundamental particles and explains the existence of dark matter, or invisible matter in between galaxies.

The LHC is a 27 kilometer long circular high energy particle accelerator which took more than 20 years and USD $9 billion to build. In the next few weeks the machine will collide opposing beams of protons charged with approximately 7 TeV of energy resulting in cataclysmic conditions that will mimic the beginning of time, a re-creation of the Big Bang.

An upgraded version of the LHC was announced, nicknamed the “super LHC”. The new accelerator will perform ten times the number of collisions as the current LHC over the same time. The upgrade will feature a new injection system and enhanced detectors to cope with the increase in data packets from collisions.

The bigger International Linear Collider, nicknamed “Einstein’s telescope”, is planned by the International Technology Recommendation Panel (ITRP). The ILC will have a collision energy of 500 GeV and will collide electrons with particles of antimatter, called positrons, along a 30-40 km completely straight tunnel. The ILC’s two giant “guns” pointing at each other would be able to accelerate electrons and positrons to near-light speeds before smashing them together.

“The LHC smashes protons together to discover new particles but also generates lots of debris that obscures the fine detail. The ILC would be a much cleaner machine and tell us far more about their real nature.” says Brian Foster, professor of experimental physics at Oxford University and European director of the project. The host country for the ILC has not yet been chosen but it is planned to have the machine constructed by late 2010. The new machine will cost an estimated USD $7 billion to build. Physicists hope that ILC might be able to resolve some of the questions raised by Einstein’s theories of relativity.



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IMF and EU approve aid for Georgia

IMF and EU approve aid for Georgia – Wikinews, the free news source

IMF and EU approve aid for Georgia

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Tuesday, September 16, 2008

The International Monetary Fund and the European Union approved aid packages to help Georgia recover from its conflict with Russia, which occurred in early August. The IMF approved a US$750 million loan which will allow Georgia to rebuild its currency reserves. The European Union also approved an aid package of €500 million in aid by 2010, which is expected to help internally displaced people (IDPs) and economic recovery in the form of new infrastructure. Only €100 million of the EU aid will be given to Georgia this year.

These loans are aimed to restore confidence in Georgia’s economy and send a signal to international investors that Georgia’s economy is sound. According to the IMF, international investors have been “critical to Georgia’s economic growth in recent years.”

IMF Headquarters in Washington D.C.

Takatoshi Kato, Deputy Managing Director and Acting Chairman of the IMF executive committee, said the loan will “make significant resources available to replenish international reserves and bolster investor confidence, with the aim of sustaining private capital inflows that have been critical to Georgia’s economic growth in recent years.”

Georgia has requested $2 billion in international aid to help it recover from the conflict. So far, the United States has pledged $1 billion in aid. Further assistance and loans to Georgia are expected from other organizations. Kato noted that “…Georgia is expected to receive financial assistance from multilateral and bilateral donors and creditors in support of the reconstruction effort.” It is expected that an international donors’ conference will take place next month to solicit more aid for the country.

Georgia’s government expects that economic growth will be more than cut in half as a result of the conflict. Last year, Georgia’s GDP increased 12.4% and it is predicted by the IMF that growth will be less than 4 percent in the coming year.



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At least two grenades kill eight during the Independence Day in Mexico

Filed under: Crime and law,Disasters and accidents,Disputed,Mexico — admin @ 5:00 am

Tuesday, September 16, 2008

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At least two hand grenades have left eight dead and 101 injured as of 17:48 (UTC) in Morelia, Michoacán downtown zócalo. This happened during the late night celebrations for the Mexican Independence Day or Grito de Dolores as it’s best known, when people congregate down each state capital’s main square to recreate Miguel Hidalgo‘s cry for rebellion on the night of September 16, 1810. Governor Leonel Godoy has stated this might as well be a result or organized crime, and has announced it as a terrorist attack. According to Jorge Romero Alvarado, head of the local civil defense unit, three grenades were detonated. President Calderón has exhorted every Mexican citizen to keep on fighting against organized crime and dividing is unacceptable.

Help Wikinews! This article is currently a brief. You can help Wikinews by expanding it.

Sources

  • “Dejan muertos y heridos estallidos en Morelia”. MSN, September 16, 2008
  • “Suman 8 muertos y 101 heridos por explosiones en Morelia”. La Jornada, September 16, 2008
  • Miguel García “Blasts at Mexico national day, three dead”. Yahoo!, September 16, 2008
  • Julie Watson “Independence Day attack kills 7 in Morelia, Mexico”. Chron, September 16, 2008
This text comes from Wikinews. Permission is granted to copy, distribute and/or modify this document under the terms of the GNU Free Documentation License, Version 1.2 or any later version published by the Free Software Foundation; with no Invariant Sections, no Front-Cover Texts, and no Back-Cover Texts. For a complete list of contributors for this article, visit the corresponding history entry on Wikinews.

World nose-blowing balloon record set in New York

Tuesday, September 16, 2008

Teen Andrew Dahl set an arcane world record today on the television show Live with Regis and Kelly. Starting before the show, Dahl started blowing up balloons with his left nostril, continuing for the next hour, hoping to beat the existing 213 balloon record.

On finishing, Guinness World Records judge Stuart Claxton announced Dahl had “literally blown the record away”, blowing 308 balloons in the 60 minute span. All balloons had to be at least 8 inches wide when blown, and could only be blown with one nostril; Dahl chose his left nostril.

Dahl claims to have started the attempt with a slight cold, making breathing harder. He warned show hosts Regis Philbin and Kelly Ripa that “the first few balloons are a little gross”.

When 7- or 8-years-old, Andrew was waiting behind in a car, while Dahl’s father and uncle were in a tuxedo shop. He stuck a balloon up to his nose, began to blow, and over the years has had increasing success, leading up to the record.

“Live’s Guinness World Record Breaker Week”, an annual feature on the program, continues until Friday.


Sources

This article was based on the September 15, 2008 broadcast of Live with Regis and Kelly, as aired terrestrially on CTV in Canada, a rebroadcast of live feed from ABC.

External links

  • Live with Regis and Kelly Guinness Week, official site
This text comes from Wikinews. Permission is granted to copy, distribute and/or modify this document under the terms of the GNU Free Documentation License, Version 1.2 or any later version published by the Free Software Foundation; with no Invariant Sections, no Front-Cover Texts, and no Back-Cover Texts. For a complete list of contributors for this article, visit the corresponding history entry on Wikinews.

Economics take over Canadian leaders\’ talking points

Economics take over Canadian leaders’ talking points

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Day
Day 34 of the 2008 Canadian elections
Stories from the 2008 Canadian Federal Elections
National Parties

Bloc Québécois
Conservative Party of Canda
Green Party of Canada
Liberal Party of Canada
New Democratic Party

Tuesday, September 16, 2008

With Bay Street in turmoil in sympathy with Wall Street, Canadian party leaders traded slurs over the slowing economy and measures to secure it against the slump happening south of the border.

“We have the worst economy in the G8, our labour productivity has fallen for nine months straight and over the summer in July we saw the largest single month of jobs losses in 17 years,” Stéphane Dion said as the Liberal leader worked through St. John’s, N.L. Dion is hoping to sweep Newfoundland and Labrador’s 7 seats, capitalizing on N.L. Premier Danny Williams’s feud with the federal Conservatives over broken promises made by Stephen Harper in the Atlantic Accord.

Campaigning in Nova Scotia, New Democratic Party’s Jack Layton lashed the Conservatives for failing to protect consumers. “Of course with Mr. Harper, we don’t see any willingness to really address the need to stand on behalf of Canadian consumers. He won’t even support the notion of the monitoring of gas prices, let alone the kinds of initiatives that really should be taken here in Canada to make sure that the consumers of investment products are being protected.”

Harper was working the Liberal-held riding of Ottawa-Vanier, where he announced a program to allow entrepreneur’s to extend their maternal leave up to 6 months using the Employment Insurance program with an estimated cost of $147 million. He said the country wasn’t ready for “wild experiments”, but should adopt a cautious approach to the economy in uncertain times.

“Canada has been brought to the brink of a deficit for the first time in over a decade,” Elizabeth May of the Greens said in a press release on their website on Monday. “Stephen Harper’s leadership deficit is driving us into economic deficit and his failure to manage the economy in uncertain times must not be allowed to continue.”

The parties also threw out economic planks for their platforms: to support the fishermen of N.L as well as the environment, Dion announced a $250 million dollar fund to help fishermen upgrade their equipment with “green” technology as well as $70 million to retire licenses. The Greens suggested their financial plan, which includes embracing a low-carbon economy, would improve Canada’s economic outlook. The NDP promised $1 billion over 5 years for more nurses and doctors.

The backdrop to all these economic statements was a 515 point drop on the TSX as markets reacted to the bankruptcy filing of 158 year old financial firm Lehman Brothers, as well as a surprising drop in the Canadian dollar relative to the US dollar which itself lost ground against the Euro and other world currencies. Even as the dollar dropped, so did the price of oil futures and gold, partially explaining the Canadian dollar’s weakness.

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Are Canadian economics really affected by the parties? Should the Conservatives be taking the blame for the current economic situation, or have their actions in two and half years in office helped insulate the country from the volatility of the US markets?
Add or view comments


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Hammad\’s mobile snached

Filed under: Cleanup,Disputed,Pakistan — admin @ 5:00 am

Tuesday, September 16, 2008

Other stories from Pakistan
…More articles here
Location of Pakistan

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Hammad Javed, A true friend of Bilawal Bhutto Zardari, Chariman Pakistan Peoples Party mobile snatched in Habib Metropolitan Bank, West Wharf Road Branch, Karachi today morning at 12:00 Noon.

Concern authorities blocked phone and sim card over orders of Mian Raza Rabbani, Deputy Secretary General, Pakistan Peoples Party.


Sources

  • Muneer Ahmed “Hammad call Bilawal”. GEO Tv, September 16, 2008
This text comes from Wikinews. Permission is granted to copy, distribute and/or modify this document under the terms of the GNU Free Documentation License, Version 1.2 or any later version published by the Free Software Foundation; with no Invariant Sections, no Front-Cover Texts, and no Back-Cover Texts. For a complete list of contributors for this article, visit the corresponding history entry on Wikinews.

Economics take over leaders\’ talking points

Day
Day 10 of the 2008 Canadian elections
Stories from the 2008 Canadian Federal Elections
National Parties

Bloc Québécois
Conservative Party of Canda
Green Party of Canada
Liberal Party of Canada
New Democratic Party

Tuesday, September 16, 2008

With Bay Street in turmoil in sympathy with Wall Street, Canadian party leaders traded slurs over the slowing economy and measures to secure it against the slump happening south of the border.

“We have the worst economy in the G8, our labour productivity has fallen for nine months straight and over the summer in July we saw the largest single month of jobs losses in 17 years,” Stéphane Dion said as the Liberal leader worked through St. John’s, N.L. Dion is hoping to sweep Newfoundland and Labrador’s 7 seats, capitalizing on N.L. Premier Danny Williams’s feud with the federal Conservatives over broken promises made by Stephen Harper in the Atlantic Accord.

Campaigning in Nova Scotia, New Democratic Party‘s Jack Layton lashed the Conservatives for failing to protect consumers. “Of course with Mr. Harper, we don’t see any willingness to really address the need to stand on behalf of Canadian consumers. He won’t even support the notion of the monitoring of gas prices, let alone the kinds of initiatives that really should be taken here in Canada to make sure that the consumers of investment products are being protected.”

Harper was working the Liberal-held riding of Ottawa-Vanier, where he announced a program to allow entrepeneur’s to extend their maternal leave up to 6 months using the Employment Insurance program with an estimated cost of $147 million. He said the country wasn’t ready for “wild experiments”, but should adopt a cautious approach to the economy in uncertain times.

“Canada has been brought to the brink of a deficit for the first time in over a decade,” Elizabeth May of the Greens said in a press release on their website on Monday. “Stephen Harper’s leadership deficit is driving us into economic deficit and his failure to manage the economy in uncertain times must not be allowed to continue.”

The parties also threw out economic planks for their platforms: to support the fishermen of N.L as well as the environment, Dion announced a $250 million dollar fund to help fishermen upgrade their equipment with “green” technology as well as $70 million to retire licenses. The Greens suggested their financial plan, which includes embracing a low-carbon economy, would improve Canada’s economic outlook. The NDP promised $1 billion over 5 years for more nurses and doctors.

The backdrop to all these economic statements was a 515 point drop on the TSX as markets reacted to the bankruptcy filing of 158 year old financial firm Lehman Brothers, as well as a surprising drop in the Canadian dollar relative to the US dollar which itself lost ground against the Euro and other world currencies. Even as the dollar dropped, so did the price of oil futures and gold, partially explaining the Canadian dollar’s weakness.

HAVE YOUR SAY
Are Canadian economics really affected by the parties? Should the Conservatives be taking the blame for the current economic situation, or have their actions in two and half years in office helped insulate the country from the volatility of the US markets?
Add comment


Sources

  • Norma Greenaway, Mike De Souza, David Akin and Paul Northcott “Day 9: Tories, Grits spar over economic plans”. Canwest News Service, 15 September 2008
  • “Newfoundland and Labrador simple as ‘ABC’ for Liberal Leader Dion”. The Western Star, 15 September 2008
  • “Leaders trade barbs over economy as markets slide”. CBC.ca, 15 September 2008
  • Paul Chiasson “Dion accuses Tories of economic mismanagement as markets tumble”. Canadian Press, 15 September 2008
  • “Harper’s “steady hand” guides Canada toward economic ruin”. Press Release, 15 September 2008
  • Christina Spencer “Grit leader blasts Harper, Layton”. Winnipeg Sun, 15 September 2005
  • “Layton pledges $1B over 5 years for more doctors, nurses”. CBC.ca, 15 September 2008
This text comes from Wikinews. Permission is granted to copy, distribute and/or modify this document under the terms of the GNU Free Documentation License, Version 1.2 or any later version published by the Free Software Foundation; with no Invariant Sections, no Front-Cover Texts, and no Back-Cover Texts. For a complete list of contributors for this article, visit the corresponding history entry on Wikinews.
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