All posts by Admin

Thursday, February 28, 2008

Representatives from the British insurance industry have said that the cost of the earthquake which hit Britain early yesterday could be over 10 million GBP. The Association of British Insurers has said in a statement that the cost for the earthquake is “likely to run into the low tens of millions of pounds.”

The Senior claims manager at the UK bank Norwich Union has described the damage by saying that at the moment most insurance claims regarding the earthquake describe “minor damage such as tiles off roofs, breakages inside the homes and brick walls collapsing.” It has also been reported that approximately 1,200 insurance claims were made in the first twelve hours after the earthquake hit Britain.

These reports come one day after the United Kingdom was hit by a 5.2 earthquake. Tremors were reported as widespread as Edinburgh, Manchester, Sheffield, Middlesbrough, Cambridge, London, Birmingham and Southampton .

Friday, September 9, 2005

New Orleans, Louisiana —After Category 4 storm Hurricane Katrina slammed into New Orleans, on the night before August 29, 2005, several flood control constructions failed. Much of the city flooded through the openings. One of these was the flood wall forming one side of the 17th Street Canal, near Lake Pontchartrain. The U.S. Army Corps of Engineers (USACE) is the primary agency for engineering support during such emergencies. A USACE team was assessing the situation in New Orleans on the 29th, water flow was stopped September 2nd, and the breach was closed on September 5th.

Monday, January 21, 2008

Stock prices dropped sharply in Europe and Asia Monday, with fears of economic problems in the United States causing some of the biggest single-day losses in recent years.

In Hong Kong, the Hang Seng index fell 5.5 percent – its biggest fall since the September 11, 2001, terrorist attacks. Losses of between three and seven percent were recorded in India, China, Britain, France, Germany and Canada.

While there are many factors linking national economies, analysts blame recent losses on fears of a recession in the United States.

The United States is the main export market for many overseas businesses. Foreign investors also have bought large stakes in U.S. companies.

When American home loan companies began reporting large numbers of defaulting loans in late 2007, the losses spread to other financial institutions, tightening credit markets and sparking worries about Americans’ high levels of debt.

Last week, President Bush proposed a $145 billion stimulus plan to encourage more consumer spending. But analysts say the measure may not be able to prevent a recession – defined as a broad decline in a nation’s economy over a period of at least six months.

U.S. markets are closed on Monday for Martin Luther King Jr. Day, a national holiday, but stock futures trading indicates further losses are expected when markets reopen Tuesday.

Friday, June 26, 2015

Annabel Goldie, Scottish Conservative Party leader from 2005 to 2011, has announced she will stand down as an MSP at the next elections in 2016. Goldie, who has been an MSP for the West Scotland (previously West of Scotland) electoral region since the Scottish Parliament’s formation in 1999, said she intends to focus on her role in the House of Lords, where she has been a peer since 2013.File:Annabel Goldie.jpg

In a statement today, Goldie said leading the party was an “enormous honour” for her. She also said: “It has afforded me both satisfaction and pleasure to serve my constituents and to serve the parliament and I will look back with great happiness at my time as an MSP. I am grateful to friends and colleagues from all parties for their support. Sometimes we found common ground, sometimes we disagreed but never I hope with rancour nor disrespect. Politics is a rough trade but we have built a strong parliament in Scotland of which we can all be rightly proud.” She said because of Ruth Davidson, her successor as Scottish Conservative leader, the party is now “in fine fettle and stands a great chance of making real progress in the years ahead,” concluding by saying: “I look forward to continuing to work as part of that effort in the House of Lords in the years to come.”

Davidson responded to the news by calling Goldie an “unstoppable force”, adding: “She has been an inspiration to a whole generation of Scottish Conservatives, and she has been a tremendous mentor, support and friend to me. In Holyrood, she has fostered both affection and respect from all members – regardless of their political affiliation – and her retirement from the Scottish Parliament will leave an Annabel-sized hole which won’t ever quite be filled. She is unique.” Meanwhile, David Cameron, UK Conservative leader and UK Prime Minister, said: “Annabel is one of those rare breeds in Scottish politics, somebody known by her first name alone. When she was Scottish Conservative leader, I valued her sage advice. She has been a towering strength to our party in Scotland, a doughty debater in the TV studios and Scottish Parliament and has one of the sharpest wits around. I wish her a long and happy retirement after 17 years unstinting service at Holyrood – but look forward to seeing her on the red benches of the Lords for years to come.”

Goldie, the Scottish Conservatives’ first ever female leader, was elected unopposed. She took up the role in the aftermath of David McLetchie’s resignation from the role in an expenses usage controversy and subsequent resignation of Brian Monteith from his Conservative whip role in the Scottish Parliament for briefing the media against him. Meanwhile, as Scottish Conservatives won 18 seats in the Scottish Parliament in 1999 and 2003, the party had been less successful in UK general elections in Scotland; Conservatives went up from zero out of a possible 72 UK MPs in Scotland in 1997 to one in 2001. This led to Goldie remarking in her inaugural speech in 2005 that: “The wheels are back on the wagon – and I’m the nag hitched up to tow it.” She also said: “The party is still way ahead of where it was in 1997. And my first task is to take it forward to 2007.” However, under Goldie’s leadership, the number of seats the Scottish Conservatives won in the Scottish Parliament slightly decreased from 18 in 2003 to 17 in 2007 and to 15 in 2011. At the same time, the number of Conservative MPs stood at one out of a possible 59 after the 2010 UK general election.

In the aforementioned 2005 speech, she also said the party could be trusted with devolution in Scotland, adding: “making devolution work better means real devolution: not the lumbering and cripplingly expensive array of government departments, government advisers, consultants, quangos, quasi-quangos and agencies with all their expensive appendages, but devolving down to people and their communities, their right to make their own decisions about their lives, how for example they procure healthcare and how they educate their children.” Goldie would go on to sit on the advisory board for the Smith Commission, which was set up to examine which further political powers should be devolved to Scotland following the 2014 Scottish independence referendum. More recently, Goldie supported a reduction in the voting age for Scottish Parliament elections from 18 to 16 in a vote earlier this month, commenting: “I think it is an opportunity for them to continue their high level of engagement in topical affairs that we saw with the independence referendum.”

Goldie, a member of the Salvation Army’s West of Scotland Advisory Board and a Church of Scotland elder, is not the only Scottish Conservative MSP intending to stand down in 2016. Mary Scanlon, Gavin Brown, Alex Fergusson and Nanette Milne all reportedly intend to leave the Scottish Parliament next year.

Tuesday, May 15, 2007

The first website in the world allowing consumers to buy life insurance online instantly has been launched today, targeting specifically New Zealanders.

The website, run by life insurance company Pinnacle Life, allows New Zealanders in many countries in the world to buy life insurance online without the need for a medical examination. Once the application has been approved, which is done immediately, the consumer can receive a $500,000 life insurance policy via an automatic e-mail. However, if certain conditions have been highlighted, then person to person contact is required to finalise the process.

Ed Saul, senior partner and architect of the new website, says, “We’re giving consumers a quicker and easier way to buy life insurance. Instead of submitting an application form and waiting days for a policy to be approved and issued, we do it online and we do it immediately.”

“The revolutionary website gives consumers complete control over the buying process whilst eliminating the previously obligatory involvement of people and paper. This is a global test case eagerly watched by the insurance industry around the world,” Mr Saul said.

When applying online, a few typical questions are asked on personal information and if the applicant has had any previous illnesses or diseases.

The countries where New Zealand citizens are allowed to apply are UK, Ireland, Canada, Australia, Hong Kong, Singapore and the USA.

Thursday, March 5, 2009

An internal investigation by the United States Marine Corps into the crash of an F/A-18 jet into a San Diego house has blamed errors on the part of the pilot, his superiors and maintenance personnel for the accident which killed four people.

The report found that mechanics had noticed the aircraft had a faulty fuel transfer system in June 2008 but repairs were never made, with the defective jet performing 146 more sorties in this state before the December accident.

“While we did not find any evidence of criminal wrongdoing, the responsible parties are being held accountable for their part in this tragic accident,” said Maj. Gen. Randolph Alles of the 3rd Marine Aircraft Wing. Four Marine squadron officers have been relieved of duty, as well as Navy officers. Eight enlisted Marines and one Navy sailor have been reprimanded. The pilot has been grounded.

On the day of the accident the pilot, Lt. Dan Neubauer, had just taken off from the aircraft carrier USS Abraham Lincoln when he reported that the aircraft’s right engine had low oil pressure.

Neubauer, who was still in training, shut the engine down as a precaution, leaving the plane operating on the left engine. The Abraham Lincoln’s captain and the ‘air boss’ suggested an emergency landing at the North Island military base, which was about 100 miles from the carrier. This would have given an approach from over the ocean.

Neubauer contacted his squadron bosses and instead opted to try to land at Marine Corps Air Station Miramar, which was 11 more miles away and involved a flight path over San Diego. Neubauer also failed to read his own emergency checklists, instead having sections read to him by his squadron representatives on the ground. The squadron representatives at Miramar were unaware of all the details of the situation on board and did not read out all the relevant sections.

Officers at Miramar were informed of the fact that a warning light indicated the remaining engine was running low on fuel. However, they did not take heed in what was described by the report as a “critical mistake”. In fact, the plane’s tanks had plenty of fuel, but the engine trouble was caused by the faulty fuel flow system, which fed the left engine. Officers also failed to watch the plane’s location properly.

Upon final approach to Miramar, Neubauer thought, incorrectly, that he could not turn right, towards his inoperative engine. Instead, he conducted a long leftwards loop to line up. The maneuver took around ninety seconds to complete and starved the left engine of fuel, causing it to flameout. At this point the jet fell towards the ground and the pilot attempted to aim the aircraft for a canyon, where it could crash safely. However, the plane did not stay airborne and struck a house at an estimated 150 mph. It is thought that two more seconds would have been enough for the plane to reach the canyon.

Instead, the crash killed four people inside the house; a grandmother, her daughter and her two granddaughters. The children’s father, Dong Yun Yoon, was among those briefed on the publication of the report, alongside politicians in Washington and San Diego. The pilot safely ejected after holding on as long as possible, the report stating that a second or two more would have likely resulted in his death.

The investigation has a number of implications. The fuel problem was not followed up on as it was not on a list of faults requiring immediate repair, but nonetheless 3rd Marine Aircraft Wing operations officer Col. John Rupp said keeping it in the air “was collectively poor judgment on the part of the squadron’s maintenance department.” The commanding officer, operations officer, aviation maintenance officer and operations duty officer have all been relieved of duty, while eight other marines and a sailor were reprimanded.

Maintenance standards have been upgraded and emergency training enhanced as a result. Flight simulators are set to include a scenario based on the accident. Lt. Dan Neubauer has been grounded and it is up to the deputy commandant for aviation whether he will be allowed to return to the air. Immediately after the accident, all F/A-18s were grounded and inspected. The Marines issued a bulletin to all other operators of the aircraft worldwide to warn them of the circumstances.

So far, the Marines and the United States Navy have identified 40 F/A-18 Hornets with the same problem. None of these have crashed.

Thursday, December 13, 2007

Victoria Wyndham was one of the most seasoned and accomplished actresses in daytime soap opera television. She played Rachel Cory, the maven of Another World‘s fictional town, Bay City, from 1972 to 1999 when the show went off the air. Wyndham talks about how she was seen as the anchor of a show, and the political infighting to keep it on the air as NBC wanted to wrest control of the long-running soap from Procter & Gamble. Wyndham fought to keep it on the air, but eventually succumbed to the inevitable. She discusses life on the soap opera, and the seven years she spent wandering “in the woods” of Los Angeles seeking direction, now divorced from a character who had come to define her professional career. Happy, healthy and with a family she is proud of, Wyndham has found life after the death of Another World in painting and animals. Below is David Shankbone’s interview with the soap diva.

Tuesday, February 9, 2010

Dr. Conrad Murray has been charged with involuntary manslaughter in connection to the death of Michael Jackson, who Murray was doctor to. Dr. Murray was with the singer when he died on June 25 last year.

The doctor is alleged to have acted “unlawfully and without malice“. The prosecution’s complaint said that when Dr. Murray gave Michael Jackson a powerful sedative to attempt to assist Jackson with his sleeping, he acted “without the caution and circumspection required”. During rehearsals for a series of return concerts planned in London, England last year, the entertainer had employed the doctor to be his personal physician for the spring. If convicted of the charges, Dr. Murray could be imprisoned for up to four years.

According to Ed Chernoff, Dr. Murray’s lawyer, he will not plead guilty. Speaking on Monday, before the charge was filed, Chernoff stated: “We’ll make bail, we’ll plead not guilty and we’ll fight like hell.” The coroner’s office in Los Angeles, California, US reported that the death of Michael Jackson was a homicide, with the cause being an overdose of sedatives.