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Thursday, June 4, 2009

In a New York press conference at 16:15 UTC, June 1st, Fritz Henderson, the Chief Executive Officer of General Motors, which filed for bankruptcy and Chapter 11 protection from its creditors earlier today, outlined a plan for what he called a “New GM”.

Speaking to the press under safe harbor provisions of U.S. law, Henderson described the events of today as a “defining moment” in the history of General Motors. Speaking to the public he said that “The GM that let you down is history,” and described a “New GM” that he expected to result from the bankruptcy process.

Henderson stated that he envisioned the bankruptcy process would take between 60 and 90 days. He stressed several times his view that the process would be one that is executed quickly, saying that not just a sense of urgency but “pure unadulterated speed” was his expectation of the process. He emphasized that “GM remains open for business” during the bankruptcy period, continuing to sell and to support its products, and that day one motions had been filed in the bankruptcy court in order to allow this.

Regarding the bankruptcy process he said, “We will do it right. And we will do it once.”

He stated that the plan for General Motors had the support of the United Auto Workers union, the Canadian Auto Workers union, the GM VEBA, and a majority of the unsecured bondholders of GM. He also mentioned that GM had already received €1.5 million in bridge financing from the German government.

In response to questions about the possibility of the United States federal government, a majority shareholder in the restructured company, dictating future product development and strategy, such as the sale of more fuel-efficient and green vehicles; he first observed that the federal government had already stated to him that it had “no real interest in running our business” and that he expected that still to be his job. Of the specific hypothetical scenario where the management of GM wants to make one type of car, because it thinks that it is the right thing for the business, and the U.S. government wants to make another type of car, he stated that “I don’t think it’s going to happen.” Expanding on that point he stated that he expected the “New GM” to focus upon “highly fuel-efficient and green technology”, and that operating both in accordance with U.S. environmental laws and in response to customer demand would naturally result in the New GM producing the types of vehicles that the U.S. government would encourage.

The “New GM” he also expected to focus on “four core brands”, and will size its dealership to match that. He stated that GM would offer a “deferred termination” package to dealers, to allow them to cease dealing in GM vehicles in a managed and gradual way.

He stated that the bankruptcy filings did not cover General Motors’ businesses in Latin America, Europe and the Middle East, and Asia and the Pacific. Of GM’s profitable ventures in China, specifically, he stated that they were “a critical part of the New GM”. In response to questions of whether the New GM would import cars from China to the U.S., he stated the formative company’s core principle that “We build where we sell” applied in both directions, with GM building in China to sell in China and building in the U.S. to sell in the U.S., stating that this shortened supply chains.

He declined to predict when the New GM would return to profitability, stating that the goal was rather to lower the break-even EBIT point for the company. He also declined to speculate upon when the U.S. government would sell its stake in the company, saying that that was a question “better addressed to the U.S. Treasury”, and merely saying that he expected it to be “years, not months” when the U.S. Treasury felt it would give “the right return for taxpayers.”

Monday, June 21, 2010

Sweden’s first royal wedding since 1976 took place Saturday when Crown Princess Victoria, 32, married her long-time boyfriend and former personal trainer, Daniel Westling, 36. The ceremony took place at Stockholm Cathedral.

Over 1,200 guests, including many rulers, politicians, royals and other dignitaries from across the world, attended the wedding, which cost an estimated 20 million Swedish kronor. Victoria wore a wedding dress with five-metre long train designed by Pär Engsheden. She wore the same crown that her mother, Queen Silvia, wore on her wedding day 34 years previously, also on June 19. Victoria’s father, King Carl XVI Gustaf, walked Victoria down the aisle, which was deemed untraditional by many. In Sweden, the bride and groom usually walk down the aisle together, emphasising the country’s views on equality. Victoria met with Daniel half-way to the altar, where they exchanged brief kisses, and, to the sounds of the wedding march, made their way to the the silver altar. She was followed by ten bridesmaids. The couple both had tears in their eyes as they said their vows, and apart from fumbling when they exchanged rings, the ceremony went smoothly.

Following the ceremony, the couple headed a fast-paced procession through central Stockholm on a horse-drawn carriage, flanked by police and security. Up to 500,000 people are thought to have lined the streets. They then boarded the Vasaorden, the same royal barge Victoria’s parents used in their wedding, and traveled through Stockholm’s waters, accompanied by flyover of 18 fighter jets near the end of the procession. A wedding banquet followed in the in the Hall of State of the Royal Palace.

Controversy has surrounded the engagement and wedding between the Crown Princess and Westling, a “commoner”. Victoria met Westling as she was recovering from bulemia in 2002. He owned a chain of gymnasiums and was brought in to help bring Victoria back to full health. Westling was raised in a middle-class family in Ockelbo, in central Sweden. His father managed a social services centre, and his mother worked in a post office. When the relationship was made public, Westling was mocked as an outsider and the king was reportedly horrified at the thought of his daughter marrying a “commoner”, even though he did so when he married Silvia. Last year, Westling underwent transplant surgery for a congenital kidney disorder. The Swedish public have been assured that he will be able to have children and that his illness will not be passed on to his offspring.

Westling underwent years of training to prepare for his new role in the royal family, including lessons in etiquette, elocution, and multi-lingual small talk; and a makeover that saw his hair being cropped short, and his plain-looking glasses and clothes being replaced by designer-wear.

Upon marrying the Crown Princess, Westling took his wife’s ducal title and is granted the style “His Royal Highness”. He is now known as HRH Prince Daniel, Duke of Västergötland. He also has his own coat-of-arms and monogram. When Victoria assumes the throne and becomes Queen, Daniel will not become King, but assume a supportive role, similar to that of Prince Phillip, the husband of the United Kingdom’s Queen Elizabeth II.

Sunday, June 1, 2008

A couple from Vancouver, British Columbia, Canada has been arrested on charges of public mischief after listing their seven day old baby girl on the popular Internet classified ads website Craigslist.

The listing claimed that the baby was unexpected, “healthy and very cute”. It asked CAN 10 000 for the baby. It also listed a phone number belonging to a stolen cellphone, which was used to find the couple.

It was first noticed by a 62-year old grandmother browsing the website for furniture, who said “I was shaking, and I thought, ‘Come on, how did this even get through?'” The couple claimed that the listing, which has since been removed, was a hoax.

The father, Jeremy Pete, had a history of car thefts and evasion of police, while the mother, 23-year-old Bethany Granholm, had convictions of property theft, fraud and impersonation. The parents have now been released, but charges are still being considered. The baby has been placed in provincial care.

A suspected copycat incident occurred just four days later, also offering a seven-day-old baby girl for CAN 10 000 on Craigslist. This incident turned out to be a hoax, and no child was in danger.

Last week saw a similar incident in Germany, where a couple listed a seven month old baby on eBay. In this case the police have launched a child trafficking investigation, despite the parents’ assertion that the listing was a joke.

Monday, February 16, 2009

In the 1970s, she was one of the most popular female vocalists in France, and became well-known internationally. Anne Marie David, from Arles in the south of France, parlayed her initial success from playing Mary Magdalene in the French production of Jesus Christ Superstar into taking home the “grand prix” at the Eurovision Song Contest in 1973. Her winning song, “Tu te reconnaîtras” (You will recognize yourself), became a Europe-wide hit that spring.

At the height of her popularity, David perfomed world tours, and even lived abroad in Turkey for a time. In 1979, she tried once again to win the Eurovision, and placed a respectable third. Her song “Je suis l’enfant soleil” (I’m a child of the sun) became similarly popular across France and in the Francophone nations.

As time went on, however, her place in the French music scene became less certain. Touring the world had taken a personal toll, and David decided to retire from music completely in 1987. However, with the help of her fan base, she was coaxed out of retirement in 2003 and is returning to a part of her life that she tried to leave, but never left her. Celebrating four decades in the music scene, David is looking forward to adventurous new projects and a newfound zest for life.

Anne Marie David corresponded with Wikinews’ Mike Halterman about her eventful career, her personal anecdotes regarding living abroad, her successes in past Eurovision contests and her grievances with the way the show is produced today. This is the second in a series of interviews with past Eurovision contestants, which will be published sporadically in the lead-up to mid-May’s next contest in Moscow.

Monday, February 1, 2010

A decades-old building collapsed along Ma Tau Wai Road in Hong Kong at about 1:30pm on Friday, local time. That building was located at 45J, Ma Tau Wai Road in Hung Hom. A shop on its ground floor was undergoing renovations when the building collapsed. The street was full of dust afterwards. Firefighters arrived at the scene to search survivors and they asked residents in the buildings nearby to evacuate the area. Those buildings included 45G and 45H.

Chief Executive Donald Tsang called for an investigation into the cause of the building collapse. He aimed at preventing similar incidents. The government required all old buildings with similar structures to undergo inspection, according to Secretary for Development Carrie Lam.

The government has confirmed that four people were dead in the incident. Rescue efforts ended on Saturday morning when the government confirmed that no one was missing. Lam visited the scene on Saturday afternoon and sought advice from the police and Buildings Department. The police has started its investigation into the incident. Secretary for Labour & Welfare Matthew Cheung said that the government would do its best to meet the victims’ needs.

The collapsed building was more than 50 years old. The government had inspected its five-storey structure before the incident and had ordered repairs. After the tragedy, the government announced that it would inspect buildings older than 50 years in one month. The government has restricted access to buildings at 45G and 45H as they were in danger.

Sunday, September 8, 2013

File:Robert Kelly File Photo.JPG

A group of volcanologists from the UK and USA have traveled to North Korea to assist them with conducting scientific investigations and installing equipment near the volcano Mount Paektu.

Wikinews interviewed Dr. Robert Kelly of Pusan National University (PNU) in South Korea, who specialises in security and diplomacy and Dr. Jim Gill from the University of California who has visited the Chinese side of Mount Paektu.

((Wikinews)) Given that the UK, USA have strained political relations with North Korea, what is the purpose of these scientists working together?

Dr. Robert Kelly: Mt Paektu erupted massively about 1100 years ago and has been dormant since. Recently there has been seismic activity, and should it explode again, it could be gigantic — and devastating. It is everyone’s interest in East Asia to know about such a possibility, so this kind of cooperation can be above politics. But it is also always good to engage North Korea to try to draw them out. Such engagement can occur in nonpolitical, technical areas like this most easily.

((WN)) Does North Korea understand that it needs the specialism of British and American scientists to plan for when the volcano erupts?

RK: It does. North Korea does actually engage in various track II programming, including student and administrative exchanges. This is not well-known due to the nuclear issue however. The North Korean government is aware of its technological backwardness, and they often dangle concessions to other states in exchange for tech transfers like this.

((WN)) The North Korea underground nuclear test site is very close to the volcano, do you think this affected North–South Korean relations?

RK: Not very much. It does upset South Koreans somewhat, because Mt. Paektu is actually [a] national landmark. It is the mythological birthplace of the Korean people. And there is some scientific concern that major seismic activity could impact nuclear facilities.

((WN)) Do you think that the field work being carried out by the scientists, being near a militarised border is very difficult?

RK: No, because it is in the interest of all local parties — NK, Chinese, even Russian — that Mt. Paektu is properly monitored. Indeed, I could imagine that, behind the scenes, the Chinese pushed North Korea toward this cooperation, as this is somewhat unusual for NK.

((WN)) May the North Koreans be wary and suspicious of their British and American counterparts, given the secretiveness of the state?

RK: Absolutely. I have been to NK, and I can say positively that the scientists will be monitored and accompanied at all times they are away from their hotels. They will also be isolated from the NK wider population. They will only interact with specially chosen minders who speak excellent English and have proven their loyalty to the state. And there will be security personnel with them at all times outside their hotels too.

((WN)) Do you think that Western scientists collaborating together with the North Koreans could set as an example of political things to see in the future?

RK: Not really. I hope so, but North Korean^[sic] has a tendency to pretend to open itself, and then to re-close after it gets what it wants. All sorts of interaction with North Korea gets hyped as ‘a new beginning’ or a ‘historic opening,’ only to come to naught. That does not mean it could not happen, just that I am skeptical. Instead, NK is likely to continue to interact when and where it has certain specific needs, as in this case. And that interaction will be tightly monitored. Fifteen years [ago], at the start of the Sunshine Policy by SK, there was hope that increased interaction would grow organically and slowly open up NK. That was the spirit behind the Kaesong industrial zone. But in fact, the North Koreans tightly controlled Kaesong to capture its gains and limit spillovers. I imagine the same will happen here.

((WN)) Do natural hazards pay attention to international political differences?

Dr. Jim Gill: Of course not.

((WN)) Is there a high risk and increased seismic activity in relation to Mount Paektu?

JG: Not currently. There was unrest at the volcano during 2002–05 but it has returned to normalcy.

((WN)) Would an eruption of Mount Paektu have consequences for multiple countries?

JG: Yes. The most likely widespread consequence will be an interuption of air traffic between North Asia and North America and Europe. More locally, the tourist industry on the Chinese side of the border will be very impacted. Most ash fall will be in the DPRK.

For perspective, there was an extremely large eruption of the volcano at about 940 AD — one of the largest historical eruptions anywhere on Earth. It is uncertain how often it has erupted since, and how large the eruptions were, but nothing has been big enough to cause serious problems scores of kilometers away. So yes there is risk — it is large mountain with a long history of eruptions — but nothing indicates a high level of concern now.