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<div class=US Federal Reserve prepares to take over AIG
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US Federal Reserve prepares to take over AIG

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Wednesday, September 17, 2008

The Federal Reserve took over American International Group (AIG) on Tuesday in an US$85 billion loan, in exchange for a 79.9% stake in the company.

A press release issued Tuesday stated that “the Board determined that, in current circumstances, a disorderly failure of AIG could add to already significant levels of financial market fragility and lead to substantially higher borrowing costs, reduced household wealth, and materially weaker economic performance.”

The deal allows AIG to draw up to US$85 billion in loans over the next 24 months to shore up the orderly sale of various divisions of the company without further interruption to the economy. In exchange, the Federal Reserve will have a 79.9% equity stake, primarily in the form of equity participation notes. The loan carries an interest rate of LIBOR plus 850 points. Should AIG fail, the loan is covered completely by company assets. Should AIG recover however, taxpayers could potentially recover large profits.

This news comes on the heels of the Federal Reserve refusing to bail out Lehman Brothers, forcing the company to file for bankruptcy on Monday after Bank of America(BoA) and Barclays PLC pulled out of negotiations over the weekend. The fact that AIG has thousands of divisions engaged in business across the globe sets them apart from the recent problems with other banks. AIG was built up over the last several years via the buyouts and mergers of many companies around the world, offering AIG’s stockholders a diverse base of income which allowed it to steadily increase profits.

It is this interconnectedness that had the Federal Reserve worried. Should AIG collapse, it could set off a global chain reaction in multiple markets. In an interview with the New York Times, former Treasury official Roger Altman said, “It’s the interconnectedness and the fear of the unknown. The prospect of the world’s largest insurer failing, together with the interconnectedness and the uncertainty about the collateral damage — that’s why it’s scaring people so much.”

While AIG, like many other banks, found itself embroiled in the middle of the sub-mortgage lending crisis, AIG has also been struggling to deal with controversies in other complex financial instruments such as credit default swaps. These markets have been exploding for several years, but due to lack of regulation by the government, recent reversals have seen AIG’s stock value tumble by over 90 percent in the last year.

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<div class=Volunteers endure bed-rest study
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Volunteers endure bed-rest study

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Tuesday, March 22, 2005Volunteers began a 60 day bed-rest marathon on March 19 to study simulated weightlessness effects on women astronauts. The study, Women International Space Simulation for Exploration(WISE), is conducted at the MEDES Space Clinic in Toulouse, France.

The 12 women, selected from 1600 applicants hailing from France,Great Britain, Germany, Finland, The Netherlands, Poland and the Czech Republic began the study after a 20 day screening for baseline comparison data as the study progressed.

The women will conduct all activities from eating, bathing, and reading while lying in hospital beds tilted headfirst at a six degree angle. This particular position, called head-down tilt bed rest was determined from previous studies to remove the vertical load of gravity on the body, inducing changes similar to what astronauts in a genuine weightless environment experience [1].

Long term exposure to weightlessness creates a number of physiological and psychological problems in astronauts such as:

  • Reduced capacity for physical exertion
  • Muscle atrophy
  • Affects of confinement and isolation
  • Impaired circulatory function

A total of 24 women will participate in the study. A second group of 12 will join in September.

Three groups of eight women each will be studied over the course of the two campaigns of bed rest. One group will serve as a control, receiving no specific treatments, the second will exercise, while the third will receive nutritional supplements.

The study is designed to fill in gaps of knowledge on the differences between men and women during extended weightlessness. It also aims to develop countermeasures for reducing the debilitating effects of long spaceflights.

Participating agencies in the study include the European Space Agency, NASA, the French Space Agency and the Canadian Space Agency.

[edit]

Retrieved from “https://en.wikinews.org/w/index.php?title=Volunteers_endure_bed-rest_study&oldid=440544”
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The Best Nursing Care Services In Bhopal: Know Our Facilities

The Best Nursing Care Services In Bhopal: Know Our Facilities

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A lot of us worry about getting old and becoming dependent. Some of us worry about our parents as they get older and we get busier in our lives. All of us want to spend our retirement days peacefully and luxuriously. High-quality assisted Nursing care services can ensure a good lifestyle and peaceful retirement. These facilities have multiple options to suit different budgets and are fully stocked with all the requirements. At home, we might not have advanced equipment, medical professionals, and other essentials. Assisted living facilities stay well prepared for such scenarios.

Here is a list of facilities you can expect at some of the best nursing care services in Bhopal.

Supervision & Personal Care

Due to mobility issues, many people need assistance to maintain their daily lifestyle. Elderly home care service providers have trained and skilled personnel to help people with day-to-day activities. It can be anything from taking them on a walk to assisting them with baths. A reputed organization will have experienced staff to help its residents with day-to-day activities.

Nutritional Home Cooked Meal

Food impacts not only our health but also our mind. As we grow older, take out gets lower and lower on our preferred meal list. A good assisted living facility should provide nutritional and well-balanced home-cooked meals to the residents. It is essential to have options for people with different preferences, allergies, and health issues. Many people have allergies since childhood, and many of us develop intolerance to different food types as we age. It is crucial to be able to find suitable and nutritional meals to stay healthy and happy.

Help with Medications

With growing age, it is essential to monitor our health regularly and stay vigilant. Trained professionals at elderly home care services can ensure that residents follow the suitable prescription and are up to date with all the medical requirements.

Medical and Dental Needs

These organizations also have an in-house certified medical professional present at all times. Some of them even have dentists for oral care of the residents. People with heart conditions,

Alzheimer’s, Dementia, and others critical ailment find it extremely useful and assuring.

Housekeeping and Laundry Services

This is one of the essential services that is provided in most of the nursing care service centers. Some of them might have an extra charge for some specific service, while some options might be all-inclusive.

It is essential to create a list of services you expect from an elderly best home nursing services in Jabalpur. This way, it becomes easier to compare the offered facilities and needed facilities. You can finalize the center once you find the best match.

<div class=US automaker bailout deal fails to pass Senate
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US automaker bailout deal fails to pass Senate

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Friday, December 12, 2008

A US$14 billion bailout package deal for the “Big Three” United States automakers — Chrysler, Ford, and General Motors — has been rejected in the United States Senate after failing a procedural vote.

The bill was rejected after bipartisan discussions on the bailout broke down when Republican Party leaders insisted that the United Auto Workers (UAW) union agree to increase wage cuts by next year in order to bring their pay into line with those of Japanese automobile companies in the United States. The UAW refused to meet the demands.

The final vote count in the Senate was 52-35, eight short of the 60 needed to pass. Only ten Republicans joined forty Democrats and two independents in voting for the bill. Three Democrats voted with thirty-one Republicans against it.

Senate Majority leader Harry Reid said that he was “terribly disappointed” by the failure of the bill to pass. “I dread looking at Wall Street tomorrow. It’s not going to be a pleasant sight,” Reid said. “Millions of Americans, not only the auto workers but people who sell cars, car dealerships, people who work on cars are going to be directly impacted and affected.”

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Republican Senator Bob Corker was also unhappy about the rejection. “We were about three words away from a deal. We solved everything substantively and about three words keep us from reaching a conclusion,” he said.

Some Democrats now want U.S. President Bush to reserve a portion of the $700 billion bailout package earmarked for Wall Street to assist the flagging car industry.

Stock markets worldwide fell dramatically on the news, with Japan’s Nikkei average losing 484.68 points, or 5.6 percent, reaching a level of 8253.87 points. Shares in the auto companies Toyota, Nissan and Honda all dropped by no less than 10 percent apiece. European stocks, such as those in the United Kingdom and Germany, also lost ground, with the FTSE-100 index of leading shares falling 176.3 points to a level of 4,211 at midday.

Retrieved from “https://en.wikinews.org/w/index.php?title=US_automaker_bailout_deal_fails_to_pass_Senate&oldid=4365303”
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<div class=Wikinews interviews former Republican U.S. Senator Bob Smith on his latest run for office
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Wikinews interviews former Republican U.S. Senator Bob Smith on his latest run for office

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Sunday, June 21, 2009

Earlier this month, former Republican U.S. Senator Bob Smith announced his candidacy for Florida’s open Senate seat in the 2010 midterm election. Smith, who was one of New Hampshire’s senators for two terms — which amounts to twelve years — said he is running for office in his recently adopted home state due to his disapproval of the direction in which America is headed. He is very optimistic about the conservative change he can potentially bring to Congress which is currently controlled by liberal-minded members of the Democratic Party.

Smith has, however, some major hurdles to overcome in the Republican primary. He is facing two well known politicians who have been elected to statewide office numerous times. The chief of these is current Governor Charlie Crist, a moderate-to-liberal who is currently leading in the polls. The second is former Speaker of the Florida House Marco Rubio, a center-right 38-year-old who has been criticizing Crist for months on the support he has shown for President Barack Obama’s controversial economic stimulus package.

Despite trailing both in recent polls, Smith believes that the polls themselves are irrelevant as the primary is over one year away. He is devoting the remainder of this summer to building up grassroots and financial support for his campaign.

Wikinews reporter Joseph Ford had the opportunity to speak with him about his run this past weekend.

“We must deliver a message that appeals to all members of the Republican Party, and that will appeal to Floridians in the general election,” Smith proclaimed. “I am in this race because I want to make my experience as a U.S. Senator available to my fellow Floridians.”

Retrieved from “https://en.wikinews.org/w/index.php?title=Wikinews_interviews_former_Republican_U.S._Senator_Bob_Smith_on_his_latest_run_for_office&oldid=3096467”
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<div class=BBC Resources sale could be unprofitable
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BBC Resources sale could be unprofitable

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Thursday, November 8, 2007

The sale of the BBC subsidiary BBC Resources Ltd., has hit a hurdle after it emerged that the BBC could be left with a loss of up to £15 million on the deal. The cost of transferring the pensions of BBC Resources staff from the BBC pension scheme to its new owners could be up to £50 million according to a Guardian Newspaper report.

Managers from the division will meet with union representatives from BECTU on Monday to discuss this and related sale issues. BECTU general secretary, Gerry Morrissey is quoted as saying: “If the BBC gets less than £50 million for BBC Resources then how can it fulfil [sic] its duty of care to licence fee payers?”

It is believed that the BBC had hoped that a surplus in its pension fund could be used to bridge the possible £50 million gap — but the trustees of the fund have said “no”. A BBC source said: “This is being discussed at the highest level”.

Since April 2004 members of the BBC pension scheme have seen their contributions into it increase regularly, the BBC — like many other employers — having reduced its contribution (to 4.5% of payroll) over a ten year period when the stock market was booming in the 1990s.

The Guardian is seen as a reliable source on BBC matters, having reported the proposed sale of BBC Television Centre back in January 2007, with the formal announcement finally being made by BBC Director General Mark Thompson on October 18, 2007.

The Resources business-to-business unit was formed in 1998 and operates television studios, post-production and outside broadcast facilities for it’s parent share-holding company, the BBC. It does not own any studios or premises, its assets being staff and equipment.

Advertised for sale on 16th August in the Financial Times, The Times and Broadcast and last year making profits of £5.2 million with a revenue of £126 million, the disposal — led by Ernst & Young — invited expressions of interest for the whole division or for each of its three operations separately. The BBC has yet to release the names of the short-listed companies.

BBC Resources was the first of the BBC’s commercial business-to-business divisions to be set up as a limited company and will be the last to be sold, the BBC having previously divested itself of BBC Technology and BBC Broadcast — BBC Worldwide, formerly BBC Enterprises, will remain in-house as it earns revenue from the archive, media and licensing of products — in the year to 31 March 2007 Worldwide had a turnover of £810.4 million, generating profits of £111 million.

The BBC wants to use any money raised to be put into international commercial expansion and content, most probably through Worldwide.

It had been intended to float Resources back in 2005, but this was postponed for two years following strike action and ACAS talks in June 2005 — the BBC giving an undertaking that there would be no preparations made to sell the company until January 2007, and no sale allowed before July of this year. The current time-scale would see its disposal by the end of the current financial year in March 2008.

 This story has updates See BBC Outside Broadcasts to be sold to Satellite Information Services? 

Retrieved from “https://en.wikinews.org/w/index.php?title=BBC_Resources_sale_could_be_unprofitable&oldid=1979395”
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How To Spot A Candida Symptom And What To Do About It?

How To Spot A Candida Symptom And What To Do About It?

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By Jane Symms

When a person suffers with a candida overgrowth, there is generally more than one candida symptom to look out for. An infection usually creates multiple symptoms, which may seem unrelated to a yeast infection, and this can make it harder for it to be diagnosed.

Candida normally resides in the moist and warm areas of the body, and an infection will generally occur in the mouth, vagina, nose or the respiratory system, although it can sometimes also attack the Gastrointestinal (GI) tract too.

The symptoms that are often associated with candida are:

1. Feeling drained and fatigued

2. Abdominal pain, bloating usually accompanied by diarrhea or constipation. This is mostly linked to the release of carbon dioxide and alcohol when the candida yeast ferments sugar.

3. There seems to often be an increased sensitivity to antigens, so that a person reacts to food and airborne particles that they would have previously not had a reaction to. This can cause inflammation, and effect other organs in the body.

4. There can be damage to the bowel wall, which may lead to “leaky gut”, which can cause additional toxins to be released into the bloodstream, as well as cause food intolerance and effect the bodies ability to absorb nutrients.

[youtube]http://www.youtube.com/watch?v=e14Kxo0bzwA[/youtube]

Also, candida has been shown to release a cocktail of dozens of toxins, that can have many different effects on the body and the major organ’s, including auto immune disorders, metabolic abnormalities and even psychological problems.

Other symptoms that can be a more obvious sign of candida infections include:

– Patches of skin that are irritated, and there may be evidence of white pustules

– Vaginal itching and a burning sensation and its often painful to have intercourse. There may also be a ‘white, thick, cheesy’ discharge and unusual menstrual cramping and pain.

– Urinary tract infections that keep reoccurring, even after treatment

– Feeling pain when urinating

– There may be visible mucus in the stool

– Difficulty swallowing

– Bleeding gums, a dry or cracked tongue and a dry mouth

– Heartburn, acid reflux and indigestion

– A loss of concentration, headaches, depression and sometimes mood swings and anxiety.

– There can also be swelling and pain in the joints

This is not a full and comprehensive list of symptoms, as others become apparent as infection progresses that are more severe.

Continue reading to discover how to sign up for the free relieving Candida newsletter, and find out how to identify and combat the signs and symptoms of a candida infection.

If you suspect that you have a candida infection then you should make an appointment to see a medical professional. Although, ensure that you have kept a close track of the symptoms you have been experiencing, as there are a number of other conditions that can cause many of the same symptoms of candida, and a wrong diagnosis can lead to a worsening infection.

No diagnosis can be made if only one candida symptom is considered on its own. The sufferer needs to be clear about all their symptoms to ensure an effective diagnosis.

About the Author: Grab your free copy of Jane Symms’ brand new Candida & Yeast Infection Newsletter – Overflowing with easy to implement methods to help you learn to recognize a

Candida symptom

.

Source:

isnare.com

Permanent Link:

isnare.com/?aid=148490&ca=Wellness%2C+Fitness+and+Diet

<div class=Wikinews reports from 2008 Taiwan Open Source Developers’ Conference
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Wikinews reports from 2008 Taiwan Open Source Developers’ Conference

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Sunday, April 13, 2008

Developers involved in open source products across Taiwan gathered together at the 2008 Taiwan Open Source Development Conference on Saturday and Sunday to present a variety of research relevant to the open-source community.

A variety of different issues were discussed at the conference, including 3D Graphical User Interfaces,web developing tools, new software platforms,and various hardware. Google, Yahoo, and Canonical also gave talks about Google Gears, Yahoo UI, and Ubuntu Mobile.

Retrieved from “https://en.wikinews.org/w/index.php?title=Wikinews_reports_from_2008_Taiwan_Open_Source_Developers%27_Conference&oldid=4144643”
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<div class=Explosion in Turkey kills seventeen
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Explosion in Turkey kills seventeen

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Saturday, August 2, 2008

Reuters, AFP, the Associated Press are reporting that a gas explosion in a Turkish school killed at least seventeen girls Friday.

Reuters reports the initial death toll at sixteen, with 27 injured. The number of deaths later rose to 17 when a body was removed from the rubble. Two survivors were pulled from the rubble as rescuers worked into the night. One girl is still missing.

“We won’t stop until we find her,” village mayor Mehmet Demirgul, told the Associated Press.

About fifty students and teachers were in the school, where some had gathered on for Islamic study in the three-story structure in the village of Balcilar, near Taskent in the Konya province .

Merve Avci, a 13-year-old, slightly injured student spoke to the Anatolian news agency: “I was in the part of the building which didn’t collapse with five of my friends immediately after the explosion, and we felt flames rising from the downstairs to upper floors.”

Anatolian says that Avci was in the process of washing before pre-dawn prayers, when a noise in the building’s kitchen led Avci and some teacher to investigate. She says she saw a loose gas pipe before being ordered back to her room. She says she smelled gas coming from somewhere above her room before the explosion.

“We think the collapse was caused by a gas canister explosion in the building, given the burns on the injured,” Konya province health service official Galip Sef told Reuters.

Mayor Demirgul said a leak in a pipe carrying liquefied petroleum gas is the probable cause of the pre-dawn blast.

“We are hearing voices. I believe those inside the rubble will be saved,” Demirgul told reporters, according to the Associated Press and Reuters.

The Associated Press reports that a small portion of all three stories of the building were left standing. This is confirmed by images displayed on the Reuters website.

The building is owned by a religion foundation and is under investigation when Turkish authorities found an non-approved annex to the structure, according to AFP.

The explosion is unrelated to the bomb blast in northern Turkey on July 28.

Retrieved from “https://en.wikinews.org/w/index.php?title=Explosion_in_Turkey_kills_seventeen&oldid=3787886”
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<div class=Astronomer tells Wikinews about discovery of closest black hole known so far
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Astronomer tells Wikinews about discovery of closest black hole known so far

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Friday, May 22, 2020

A study published in journal Astronomy & Astrophysics last month reported astronomers from the European Southern Observatory (ESO) and elsewhere discovered a black hole in the Telescopium constellation. The study stated the black hole is about 1010 ± 195 light years (310 ± 60 parsec) away from the Solar System, meaning it is the nearest known black hole from the Earth. The nearest previously known black hole — V616 Mon — the study noted was usually estimated at more than 3000 light years away.

The black hole described in the study is located in the HR 6819 stellar system of Telescopium constellation, making it the first system visible to the naked eye to contain a black hole. HR 6819 contains two stars, and they are visible from the Southern Hemisphere. The astronomers started observing the system in 1999. Initially, they thought it was just a binary system, consisting of two stars. However, upon examination, the researchers concluded there was a third unseen object in the system. One of the two stars in the HR 6819 system is close to the black hole and orbits the black hole in just 40.333 ± 0.004 days.

This newly discovered black hole does not have an accretion disk. A black hole forms an accretion disk when a significant amount of matter orbits the black hole, as depicted in the image. Accretion disks often emit electromagnetic radiation. Since this black hole does not have an accretion disk, researchers had to rely on the gravitational effect of the black hole on the nearby star in order to discover it.

Researchers used the binary mass function to conclude the black hole had a mass of at least 4.2 M? (Solar masses; 1 Solar mass = mass of the Sun). Its companion star, which orbits the black hole in about 40 days, is classified as a B3 III star. The outer star is classified as a Be star. Be stars rotate very quickly around their axes. Since the outer star rotates so rapidly, the star is not exactly spherical, but instead oblate, bulged at its equator, forming a gas disk around the equator.

The research suggested HR 6819 was very similar to another system LB-1. The HR 6819 system is estimated to be between 15–75 million years old (myr). The inner star has estimated mass of at least 6.3 ± 0.7 M?. Using the mass and the speed at which the inner star rotates, the researchers concluded the black hole had an estimated mass of 5.0 ± 0.4 M?. Researcher and co-author of the study Thomas Rivinius told Wikinews the inner star and the black hole are closer than the Sun and the Earth (1au; 150 million km; 93 million miles).

The researchers dedicated the paper to Stanislav Štefl, one of the fellow researchers who died in a car accident in 2014 in Santiago, Chile.

Wikinews caught up with Thomas Rivinius to discuss about this discovery.

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