Family of Chile’s former leader Augusto Pinochet arrested on embezzlement charges

Friday, October 5, 2007

The widow and five children of former Chilean dictator Augusto Pinochet have been arrested in Chile on embezzlement charges. They are accused of illegally transferring USD27 million to foreign bank accounts during Pinochet’s rule from 1973 to 1990. Seventeen of Pinochet’s former associates, including his former personal secretary and three retired army generals, were also arrested.

Pinochet had been charged with tax evasion, fraud, and embezzlement following a 2004 U.S. Senate investigation. In December 2006, he died without having been brought to trial. However, Chilean Judge Carlos Cerda said there were “solid indications” that Pinochet’s family and associates had also “participated in the misuse of fiscal funds”.

Jose Miguel Vivanco of Human Rights Watch called the decision “an extremely important development for Chile’s democracy and the rule of law. Going after the relatives of the powerful and the fortunes they amassed used to be considered off limits,” he said.

Pinochet family lawyer Pablo Rodriguez said he was “astonished by this illegal and abusive decision by the judge”, and that he was “sure that it will be reversed by the Court of Appeals.”

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Ryanair profits jump 19% to €268.9m

Tuesday, May 31, 2005

Ryanair, the Irish low fares airline, which last week celebrated twenty years in business, has reported a 19% increase in profits. The airline, which operates over 200 routes, revealed in its annual results that after tax profits had increased to €268.9m (US $332 million), comfortably beating the median analyst forecast of €248m ($306 million).

Group revenue rose by 24% to a record €1.34bn ($1.66 billion), on the back of a 19% rise in passenger numbers to 27.6m ($34.1 million). By 10:30am UTC, Ryanair shares had risen by 4.48% to €6.53 ($8.06) ( on the Irish Stock Exchange (ISE), having hit €6.66 ($8.22) earlier in the morning – briefly valuing Ryanair above the €5bn ($6 billion) mark.

Despite the increase in profits, the firm told investors that the increased cost of fuel posed a serious threat for the future, however Ryanair has hedged 75% of next winters fuel needs at €38 ($47) a barrel. CEO Michael O’Leary, told the media in relation to fuel costs, “Our outlook for the coming 12 months is more positive than it was this time last year”…”Clearly fuel costs remain high, and the market is volatile.” He also reiterated that Ryanair would not impose fuel surcharges on customers.

Ryanair’s 2004 record profit is larger than that of Easyjet ($74m), British Airways ($240m), and even its role model Southwest Airlines ($313m). The fact that it made €248m on turnover of just €1.34bn makes it by some margin the world’s most profitable major airline. One of the key methods of keeping costs to a minimum at Ryanair is by using less staff to carry more passengers, in comparison to its main competitors:

  • Ryanair employs 2,300 staff and carries 27m people a year;
    • 11,700 passengers per staff member
  • easyJet employs 3,600 staff and carries 24m people a year;
    • 6,666 passengers per staff member
  • Aer Lingus employs 3,900 staff and carries 7m people a year;
    • 1,795 passengers per staff member
  • Air France-KLM employs 64,000 staff and carries 65m people a year;
    • 1,015 passengers per staff member
  • British Airways employs 51,939 staff and carries 35m people a year;
    • 674 passengers per staff member

Ryanair has a stated aim of raising its passenger numbers to above 70m within five years time, making it Europe’s largest airline. The Dublin-based airline currently is awaiting delivery of 200 new planes from Boeing which it hopes to use to achieve this ambitious aim and to replace its older aircraft.

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.
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Dan Rather resigns as anchor, to stay on as correspondent

Monday, November 22, 2004

Dan Rather has announced that he will retire on March 9th, 2005 as anchor of CBS Evening News. He will continue to be a correspondent for both of the 60 Minutes shows.

It is reported that Rather’s leaving has nothing to do with a report in 2004 regarding US President Bush’s National Guard service that was widely reported to be factually false. A CBS panel is looking into that report.

Others believe that Rather is stepping down due to this report and investigation. Howard Kurtz, a reporter for the Washington Post, states that “It’s pretty clear that Dan Rather faced a very unpalatable choice… His contract had at least two more years to run. [Should he] step down now before the outside investigative report, commissioned by CBS News expected in the next few weeks about his botching — and the network’s botching — of that story about President Bush’s National Guard service? Rather [decided] today that it would be better for him to step down on his own terms.”

Dan Rather, 74, has been the anchor for CBS Evening News for 24 years, succeeding Walter Cronkite. Rather is the third most watched anchor on United States television.

All links dated November 23, 2004.

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Annual rich list shows Ireland now has six billionaires

Sunday, April 3, 2005The annual Sunday Times Rich List published today showed that Ireland now has six euro billionaires, up from four last year. The combined wealth of Irelands 250 wealthiest is €42.3bn.

Topping the list was the new entrant Hilary Weston with a fortune estimated at over €7.2bn. Weston was excluded in previous lists because the majority of her wealth was made abroad, however a rule change this year allowed the Dublin born model to enter in first place. Mrs Weston, 63, grew up in Ireland and built her modeling career there before becoming wed to Galen Weston, heir to his grandfathers multi-billion euro retailing fortune in Canada. The couple permanently moved to Canada in 1983 after a kidnap attempt by the IRA.

The top six on the list were as follows:

  1. Hilary Weston and family; €7.286bn – Retailing
  2. Sir Tony O’Reilly; €1.897bn – Food, media and inheritance
  3. John Dorrance; €1.857bn – Inheritance
  4. Dermot Desmond; €1.239bn – Finance
  5. Sean Quinn; €1.157bn – Quarries, hotels, insurance and industry
  6. Tony Ryan; €1.114bn – Airline

The iconic rock group U2 placed 10th with a combined fortune of €629m.

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Greek police arrest more than 60 people for gold smuggling

Saturday, December 1, 2018

On Wednesday, Greek police announced they arrested 63 people for gold smuggling. According to a report from Associated Press (AP), police seized cash, gold bars, and other items, totaling about two million euros (roughly 2.3 million US dollars).

Police said on Friday the police operation, started on Tuesday, involved 50 homes and 30 stores. Police accused the suspects of buying stolen gold from foreigners who allegedly robbed homes.

Police said the scheme had involved at least two collaborating criminal networks over two years or longer. The suspects had allegedly been melting the gold items and exporting the gold to Turkey using tour buses to avoid taxes, and to Germany. The gold was allegedly smuggled through a number of pawn shops, according to AP.

Press reported pawn shops have multiplied in Greece in the financial crisis ongoing there since 2010, which reportedly has caused people to buy an increased amount of gold and silver to store their assets.

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Apple plans to sell movies on iTunes

Tuesday, June 20, 2006

Apple Computer is planning to sell full-length feature films for download via the online iTunes Music Store. The store currently sells digital music tracks, and more recently has begun to sell TV episodes.

Apple executives are in negotiations with film studios to arrange the deal and settle on pricing structures. It is expected that films will retail for around $9.99 US dollars, although some studios are reported to want to set a higher price.

iTunes is currently by the biggest online retailer of digital music, with its software tightly integrated with the popular iPod line of products. Newer versions of the iPod include a colour screen capable of displaying videos, and so consumers could watch the films on the devices, but it is not yet clear how many people will want to do this.

Apple CEO Steve Jobs is also the largest single shareholder of Disney, which now owns animation studio Pixar, however he could end up playing a wider role within the film industry if iTunes becomes the dominant online distributor.

A full-length TV movie, ‘High School Musical‘ from Disney, is already available on iTunes, suggesting that the technical infrastructure is already in place.

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Canada’s Scarborough-Agincourt (Ward 40) city council candidates speak

This exclusive interview features first-hand journalism by a Wikinews reporter. See the collaboration page for more details.

Friday, November 3, 2006

On November 13, Torontonians will be heading to the polls to vote for their ward’s councillor and for mayor. Among Toronto’s ridings is Scarborough-Agincourt (Ward 40). One candidate responded to Wikinews’ requests for an interview. This ward’s candidates include Sunny Eren, Norm Kelly (incumbent), George Pappas, and Winston Ramjeet.

For more information on the election, read Toronto municipal election, 2006.

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Obama, Medvedev sign treaty cutting nuclear stockpiles

Friday, April 9, 2010

U.S. President Barack Obama and Russian President Dmitri Medvedev have signed a treaty to reduce their countries’ nuclear stockpiles by 25 to 30 percent over seven years.

In the Spanish Hall, an ornate chamber within the Czech capital’s Prague Castle, the two countries, which own more than 90 percent of the world’s nuclear weapons, agreed to downsize their arsenals.

Presidents Obama and Medvedev sat in front of U.S. and Russian flags and signed their countries’ first major nuclear arms reduction accord in almost two decades.

The new ten-year pact, which is called the “New START Treaty”, requires the U.S. and Russia to cut their inventory of nuclear warheads to about 1,500 each in the next seven years. Both countries are estimated to have well over 2,000 warheads now.

The agreement also slashes by more than half the number of missiles, submarines and bombers that carry the weapons.

The pact replaces the 1991 Strategic Arms Reduction Treaty (START I), which was signed by U.S. President George H.W. Bush and Soviet President Mikhail Gorbachev in the final days of the Soviet Union. START I expired in December of last year. The treaty complements the other two nuclear arms reduction treaties signed by the United States and Russia, which where the 1993 Russia, which where the 1993 START II treaty and the 2002 Moscow Treaty also known as SORT.

Obama said the treaty is a big step forward for world security. “Today is an important milestone for nuclear security and nonproliferation and for U.S.-Russia relations,” he said.

Medvedev said because of this treaty, the entire world community has won. The Russian leader said the year-long negotiations were tough, but hard work on both sides brought success.

“That enabled us to do something that just a couple of months ago looked like ‘mission impossible.’ Within a short span of time we prepared a full-fledged treaty and signed it,” he said.

Obama says, in addition, that the treaty paves the way for future arms reduction talks with Russia, mainly on short-range nuclear weapons. “This treaty will set the stage for further cuts, and going forward, we hope to pursue further discussions with Russia on reducing both our strategic and tactical weapons, including non-deployed weapons,” he said.

Tom Collina, research director at the Arms Control Association, says the new treaty is significant in reducing the threat from U.S. and Russian nuclear weapons, but more significant because it could lead to further cuts.

“We think we can even go to deeper reductions, and we hope they sign a new treaty after this one relatively soon. But this treaty is a great step forward, it is very important, and it puts U.S. and Russian arms control back on a firm footing, and, again, sets us up for deeper cuts,” he said.

The signing of the “New START” treaty is one of several arms control developments taking place in several weeks.

Earlier in the week, President Obama announced a major shift in U.S. nuclear policy. He said for the first time that preventing nuclear proliferation and nuclear terrorism is at the top of the U.S. nuclear agenda. The threat of destruction by Russian warheads is now considered a secondary menace.

Under Obama’s nuclear posture review, the U.S. pledges not to use nuclear weapons on non-nuclear countries that abide by their nonproliferation obligations.

Frank Gaffney, a former arms control adviser to President Ronald Reagan, says the president’s nuclear posture review is based on a false and dangerous premise. “The idea that he can, by reducing America’s nuclear arsenal, contribute to the universal abandonment of nuclear weaponry. It will not happen. It will not happen on his watch. It will not happen ever,” he said.

Obama also plans to hold a conference on nuclear security next week in Washington, D.C..

In their hour-and-a-half meeting before the ceremony, President Obama urged Medvedev to support new U.N. sanctions against Iran for its refusal to stop enriching uranium. The Russian leader said the issue is not whether to impose sanctions, but what kind of sanctions.

“Smart sanctions should be able to motivate certain parties to behave properly, and I am confident that our teams that will be engaged in consultations will continue discussing this issue,” he said.

Obama said, “We are working together at the United Nations Security Council to pass strong sanctions on Iran and we will not tolerate actions that flout the NPT (Nuclear Non-Proliferation Treaty).” He added, “My expectation is that we are going to be able to secure strong, tough sanctions on Iran this spring.”

The nuclear treaty is almost certain to be approved in the Russian Duma. However, Russian Foreign Minister Sergei Lavrov has said Russia reserves the right to drop out of the pact if it believes U.S. missile defense plans for Europe threaten its security.

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Many experts agree passage in the U.S. Senate is not as certain, but that its prospects are good. To ratify the treaty, it will require 67 votes, to pass it will require Republican votes. Republicans in the Senate have expressed concerns that too many restrictions have been placed on America’s nuclear arsenal.

However, Obama is confident the treaty will be ratified when asked during a press conference following the signing. Obama stated, “And so I’m actually quite confident that Democrats and Republicans in the United States Senate, having reviewed this, will see that the United States has preserved its core national security interests, that it is maintaining a safe and secure and effective nuclear deterrent, but that we are beginning to once again move forward, leaving the Cold War behind, to address new challenges in new ways.”

Obama also noted, “[T]hat both in Russia and the United States, it’s going to be posed on the Internet, appropriate to a 21st century treaty. And so people not only within government but also the general public will be able to review, in an open and transparent fashion, what it is that we’ve agreed to.” Copies of the treaty and it’s protocol have been posted on the State Department’s website.

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Football: Chelsea sacks Frank Lampard as club’s manager

Thursday, January 28, 2021

On Monday, English football club Chelsea announced the sacking of their manager Frank Lampard. This came amid a decline in form in the Premier League. The 42 year-old was first appointed as manager 18 months ago in July 2019, and had also previously played for the club for thirteen seasons. The club had only won two of their last eight matches and had sunk to ninth in the Premier League.

Chelsea stated “This has been a very difficult decision, and not one that the owner and the board have taken lightly”, adding “There can never be a good time to part ways with a club legend such as Frank, but after lengthy deliberation and consideration it was decided a change is needed now to give the club time to improve performances and results this season.”

Lampard stated he was “disappointed not to have had the time this season to take the club forward and bring it to the next level”. Chelsea owner Roman Abramovich said “This was a very difficult decision for the club, not least because I have an excellent personal relationship with Frank and I have the utmost respect for him”.

Last summer, Lampard spent over £200 million on seven signings, including £71 million for Kai Havertz from Bayer Leverkusen and £45 million on Ben Chilwell from Leicester City. The club has only won 29 points in the Premier League this season, eleven short of current table leaders, Manchester United.

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New HIV drug could stop virus from spreading

Friday, June 9, 2006

In a small-scale trial on humans, American scientists say they may have developed a new drug that could stop the spread of HIV and “rapidly clears” the blood of the virus.

“There is a lot of interest in this product,” said editor Keith Alcorn of the National Aids Manual.

The drug called PA-457, which is derived from betulinic acid and comes from by-products from paper manufacturers, is being manufactured and developed by Maryland drug manufacturer Panacos Pharmaceuticals. The drug is known as a maturation inhibitor, which is a new group of drugs. Its purpose is to break down the protective protein coating of HIV. The drug exposes the inner genetic material by making holes in the coating of the virus essentially causing it to break down and disabling its ability to be passed from one human to the next. The drug also shows that it works on strains of HIV that are resistant to other medications. The drug is also compatible with other HIV drugs.

“It’s a truly novel new class of drugs, and I really support their development. If PA-457 turns out to be non-toxic, easy to use and not to select for resistance, it will find good use,” said Charles Boucher who researches HIV at Utrecht university medical center in the Netherlands.

“It stops the virus by interfering in one of the final stages in its assembly and stops it from ‘budding out’ from the wall of a cell,” said Alcorn.

Scientists are expected to begin a larger scale test on 48 people in one month, whose drugs are no longer working; however, the drug itself is not likely to be available for wide-scale use for at least 3 years. Test subjects will be administered either a placebo or PA-457 that will be taken in combination with the medication they already take.

“This provides the basis for future studies that will be designed to provide a detailed understanding of the interaction between PA-457 and its target as well as insights into the design of new generations of maturation inhibitors,” said CEO of Panacos Pharmaceuticals, Graham Allaway.

At least 80% of those suffering from the disease have shown resistance to other medications.

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