World stocks plunge on fears on US recession

">
World stocks plunge on fears on US recession

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.

Retrieved from “https://en.wikinews.org/w/index.php?title=World_stocks_plunge_on_fears_on_US_recession&oldid=744659”

Top Three Tips On How To Sell Guitars In Chicago

byAlma Abell

Guitars are incredibly versatile instruments, but not every guitar is right for every person or every type of music. Some musicians may find that the guitars they have are ill suited to their developing style, indicating that an upgrade or switch is in order. While shopping around for a new instrument can be a lot of fun, it can often be a bit harder to unload the one you are no longer playing. Here are the top three tips on how to sell guitars in Chicago.

Consider A Third-Party Reseller

[youtube]http://www.youtube.com/watch?v=tg00YEETFzg[/youtube]

Selling you own belongings can be incredibly time consuming and difficult. Some people find it hard to get a fair price, or to reach an audience interested in their items. When it comes to selling guitars, it’s a good idea to think about using a third party vendor. Pawn shops, brokers, and even gold and coin resellers will often buy and sell used guitars. They’re a great resource, as you can still get a fair price for your used guitar without the hassle of finding a buyer on your own.

Invest In New Strings

Before you bring your guitar to a potential buyer, invest in a new set of strings. Keep the guitar tuned as well. This will showcase the best part of the instrument, its sound, to the prospective buyer. Old strings, or an out of tuned instrument simply won’t have the same impressive nature to it, even if all other aspects are considered equal. It’s well worth the small investment in new strings to obtain a higher value for the instrument overall.

Get An Appraisal

Before you sell your guitar, it’s a good idea to have it appraised first. If you are thinking about using a third party vendor, you may be able to have it appraised and sold at the same location. While an appraisal isn’t the same thing as the value you are guaranteed to get for the instrument, it can give you a good idea the overall cost of the guitar, helping figure out a fair price.

For more information about how to sell guitars in Chicago, contact Chicago Gold Gallery at www.chicagogoldgallery.com.

Wikinews interviews Democratic candidate for the Texas 6th congressional district special election Daryl Eddings, Sr’s campaign manager

">
Wikinews interviews Democratic candidate for the Texas 6th congressional district special election Daryl Eddings, Sr’s campaign manager

Tuesday, April 20, 2021

Wikinews extended invitations by e-mail on March 23 to multiple candidates running in the Texas’ 6th congressional district special election of May 1 to fill a vacancy left upon the death of Republican congressman Ron Wright. Of them, the office of Democrat Daryl Eddings, Sr. agreed to answer some questions by phone March 30 about their campaigns and policies. The following is the interview with Ms Chatham on behalf of Mr Eddings, Sr.

Eddings is a federal law enforcement officer and senior non-commissioned officer in the US military. His experience as operations officer of an aviation unit in the California National Guard includes working in Los Angeles to control riots sparked by the O. J. Simpson murder case and the police handling of Rodney King, working with drug interdiction teams in Panama and Central America and fighting in the Middle East. He is the founder of Operation Battle Buddy, which has under his leadership kept in touch with over 20 thousand veterans and their families. He was born in California, but moved to Midlothian, Texas. He endeavours to bring “good government, not no government”. Campaign manager Faith Chatham spoke to Wikinews on matters ranging from healthcare to housing.

An Inside Elections poll published on March 18 shows Republican candidate Susan Wright, the widow of Ron Wright, is ahead by 21% followed by Democrat Jana Sanchez with 17% and Republican Jake Ellzey with 8% with a 4.6% margin of error among 450 likely voters. The district is considered “lean Republican” by Inside Elections and voted 51% in favour of Donald Trump in last year’s US presidential election. This is down from 54% for Trump in 2016’s presidential election, the same poll stated.

Retrieved from “https://en.wikinews.org/w/index.php?title=Wikinews_interviews_Democratic_candidate_for_the_Texas_6th_congressional_district_special_election_Daryl_Eddings,_Sr%27s_campaign_manager&oldid=4684113”

French agency CNES to release UFO archives on the Internet

">
French agency CNES to release UFO archives on the Internet

Sunday, December 31, 2006

The French Space Agency will publish its UFO archive online by late January or mid-February. Most of the 6,000 reports have been filed by the public and airline professionals. Jacques Arnould, an official for the French Space Agency, said that the data had accumulated over a 30 year period and that they were often reported to the Gendarmerie.

Often they are made to the Gendarmerie, which provides an official witness statement … and some come from airline pilots – Jacques Arnould
Retrieved from “https://en.wikinews.org/w/index.php?title=French_agency_CNES_to_release_UFO_archives_on_the_Internet&oldid=4241146”

Spanish town council electee proposes nudist pool, marijuana field in park

">
Spanish town council electee proposes nudist pool, marijuana field in park
November 2nd, 2022 in Uncategorized | No Comments

Friday, June 1, 2007

A former mailman who proposed to paint the town hall pink, turn the local town square into a nudist pool, and to plant a marijuana field in the local park has been elected to the Reus, Spain town council.

Ariel Santamaria promised to show up to the town’s council meetings dressed up as Elvis Presley if he was elected and kept his word at the town’s first meeting on Thursday.

Before being elected, Santamaria who is a member of the Reus Independent Coordination, had also promised the town’s 100,000 residents that he would install a GPS system at the police department that would allow officers to track people who are smoking marijuana and provide them with a light if they need one.

An unnamed media consultant who works for Santamaria set up a website for his campaign and followed Santamaria wherever he went, dressed as a pirate.

Retrieved from “https://en.wikinews.org/w/index.php?title=Spanish_town_council_electee_proposes_nudist_pool,_marijuana_field_in_park&oldid=2514291”

Prachanda and Koirala resume Nepal peace talks

">
Prachanda and Koirala resume Nepal peace talks
November 1st, 2022 in Uncategorized | No Comments

Monday, November 6, 2006

The Communist Party of Nepal (Maoist) chairman Prachanda and Nepal Prime Minister Girija Prasad Koirala resumed the fifth round of peace talks today evening, following a meeting in the presence of UN Secretary General’s representative Ian Martin held on Sunday. The aim of the peace talk was to settle the issue of arms management.

The meeting was held at Baluwatar in Nepal to finalise the political package prepared by the ruling seven-party alliance (SPA) and CPN (Maoist). They tried to narrow down the differences to reach the final conclusion on all the issues.

Prachanda held a meeting with Communist Party of Nepal (Unified Marxist-Leninist) General Secretary, Madhav Kumar Nepal, and leader of the United Leftist Front, Prabhu Narayan Chaudhari, to discuss the political package in the morning before the talks.

The submit meeting was adjourned after six and half hours long talk. It is likely to resume in Tuesday morning.

Prachanda said that he will make his first public address in twenty five year in a mass meeting in Kathmandu this Friday.

Retrieved from “https://en.wikinews.org/w/index.php?title=Prachanda_and_Koirala_resume_Nepal_peace_talks&oldid=4542982”

Some General Introduction About Equestrian Clothing

October 29th, 2022 in Sports | No Comments

These basics equestrian clothing can be purchased online or your local tack shop. Here are some different items you may come across along with a description of their uses.Riding helmet or hat; investing in a quality of a riding hat or helmet is a priority for all riders of any ages. There is always an element of risk when you are riding .Every rider should have a professionally fitted helmet. There is a vast variety of riding helmets to choose from. Ventilated helmets are good for kids. If you are considering trail riding, there are sturdy leather helmets that will last longer and not get scratched or torn.Paddock Boots; these boots are specially designed to prevent your foot from getting caught in the stirrup should get thrown from your horse. Their shape allows your foot to slide easily from the stirrup. Proper paddock boots are much a safety necessity as a riding comfort. They will also give your ankles an adequate support during training.Protective Riding Vests; riding vests are specially designed to protect your vital organs if you fall. They have become mandatory for children at some equestrian centers. You can also talk to the trainer of your child if he suggests that your child needs a protective vest.Riding Breeches; riding breeches or riding pants are not essential for beginners riding. But they will probably make your experience more comfortable. Here is a large variety available online ranging from thin, lightly padded riding tights, to full seats riding breeches. If you bruise easily or feel you need extra padding around, full seat riding breeches may work well for you. They are designed to help you to feel comfortable while riding. These riding breeches are designed to protect your lower legs from the irritation or bruising due to rubbing against the stirrup straps.Gloves; gloves should be worn in cold weather. Most riders prefer unlined doeskin or cowhide. Lined gloves are too bulky. String gloves for wet weather are essential. Sturdy Oxford with low heels may be worn with Jodhpurs. Under no circumstances should the rider wear the sneakers, loafers or heelless foot wears. With such type of shoes the riders foot may by mistake slide.

United States 2003 National Adult Literacy Survey released

">
United States 2003 National Adult Literacy Survey released
October 27th, 2022 in Uncategorized | No Comments

Sunday, December 25, 2005

Preliminary results from the National Assessment of Adult Literacy (NAAL), released 15 December 2005 by the US National Center for Education Statistics, indicate gains and losses in literacy among minority adults between 1992 and 2003.

The nationally representative study among US adults age 16 and older found the over-all average prose and document literacy remained relatively unchanged, but quantitative literacy improved 8 points (on a scale of 500.) Results among minorities were mixed, with White and Asian/Pacific Islander minorities scoring significantly higher than Hispanic or Black ethnicities; Hispanic subjects in particular had sharp decreases in prose and document literacy (-9% and -8%, respectively) and quantitative illiteracy remained unchanged with 50% of subjects scoring at less than basic literacy levels.

The National Assessment of Adult Literacy is the most comprehensive measure of adult literacy in the USA. The 2003 NAAL, with 19 000 participants, was conducted by the Educational Testing Service, a non-governmental organization which charges for its services.

Retrieved from “https://en.wikinews.org/w/index.php?title=United_States_2003_National_Adult_Literacy_Survey_released&oldid=2145864”

Queen’s Speech sets out Coalition government’s final year agenda

">
Queen’s Speech sets out Coalition government’s final year agenda
October 27th, 2022 in Uncategorized | No Comments

Friday, June 6, 2014File:Queen Elizabeth II delivering 2013 Queen’s Speech.jpg

Queen Elizabeth II formally reopened Parliament on Wednesday and announced the legislative agenda of the UK government for the final year of the Coalition’s five year term. New measures introduced covered crime, the economy, energy and house building.

The next year of legislative changes would, the speech claimed, “deliver on [the government’s] long-term plan to build a stronger economy and a fairer society”. On economics, it promised the government would continue to lower taxes, produce an updated Charter for Budget Responsibility to “ensure that future governments spend taxpayers’ money responsibly”, and continue reduction of the deficit.

On employment law, the Queen’s Speech announced reduction in employment tribunal delays and plans to try and “improve the fairness of contracts for low paid workers” — a response to “zero-hours” contracts. The Institute of Directors support reforms to zero-hours contracts, specifically by removing “exclusivity” clauses. The speech also announced the introduction of a “collective pension” system similar to schemes in use in the Netherlands.

The government is also to increase penalties on companies that do not pay employees minimum wage, and reform National Insurance contributions by self-employed people. The government also plans to extend the ISA and Premium Bond savings schemes and abolish the 10% tax rate on savings. The speech also promised more house building, and also to introduce legislation to reduce the use of plastic bags.

The speech announced the government would seek to pass a new Serious Crime Bill “to tackle child neglect, disrupt serious organised crime and strengthen powers to seize the proceeds of crime”. Another bill will be introduced to deal with modern slavery and human trafficking and to support victims of these offences. The speech also said the government “will lead efforts to prevent sexual violence in conflict worldwide”.

The Serious Crime Bill would also include an increase in the sentence for those who bring about “cyberattacks which result in loss of life, serious illness or injury or serious damage to national security, or a significant risk thereof”. Under the Computer Misuse Act 1990, these are currently subject to a ten year prison sentence, but the punishment would now risk imprisonment for life. Punishment for cyberattacks that cause “a significant risk of severe economic or environmental damage or social disruption” would increase from the current ten year maximum tariff to fourteen years.

Jim Killock from the Open Rights Group said existing laws already allow effective prosecution of those engaging in cyberattacks.

The speech also announced legislation would be introduced “to provide that where a person acts heroically, responsibly or for the benefit of others, this will be taken into account by the courts”.

Constituents would be able to “recall” an MP who had been found guilty of misconduct under a proposed law that will be debated. The Conservative MP Zac Goldsmith described the current plans as “meaningless” and said voters had been “duped”. The Bill would force a by-election if 10% of voters signed a petition within eight weeks, but only if a Commons committee had decided the MP could be recalled. This latter requirement will make it “impossible to recall anyone” according to Goldsmith.

Business minister Michael Fallon defended the recall proposals: “we have to protect MPs from being recalled by people who just disagree with them[…] What you have to ensure is an MP can’t be hounded out just because people disagree with them back in their constituency.”

Deputy Prime Minister Nick Clegg said he agreed with Goldsmith the bill was not perfect, and he wanted “a radical California-style recall” system, but he had settled for a “modest” bill to satisfy “Conservative Party resistance”. Goldsmith claimed Clegg had been “the architect of the current Recall Bill”.

Tim Aker, head of policy for the UK Independence Party, said: “The decision to only offer recall voting on a signed-off-by-Parliament-basis reflects a political class that does not know, does not trust and certainly does not represent its people.”

The speech included measures to make it easier for businesses to engage in hydraulic fracturing (“fracking”) of shale gas. The Institute of Directors said laws “must be updated if the UK is to enjoy the benefits of our shale potential”, specifically by scrapping laws on trespass to allow the gas extraction to occur. The British Chamber of Commerce also support such a reform: “While fracking may be unpalatable to some, it is absolutely essential, and business will support legislative measures to exploit Britain’s shale gas deposits”. Activists from Greenpeace fenced off Prime Minister David Cameron’s home in Oxfordshire with a sign reading “We apologise for any inconvenience while we frack under your home”, and delivered a £50 cheque — identified as the maximum compensation suggested for property owners.

Simon Clydedale from Greenpeace UK said of the fracking proposals: “The prime minister is about to auction off over half of Britain to the frackers, including national parks and areas of outstanding natural beauty like the Cotswolds. Fracking won’t deliver energy on a meaningful scale for years, if ever, by which time we’ll need to have moved away from dirty fossil fuels and towards high-tech clean power if we’re to head off dangerous climate change.”

Caroline Lucas, Green Party MP, spoke in opposition to the fracking proposals after the Queen’s Speech: “Not only does this bill defy public opinion, it denies people a voice. To allow fracking companies to drill under people’s homes and land without their permission is to ignore public interest in pursuit of the vested interests of a few.” A poll conducted by YouGov found 74% of respondents opposed the plans.

Following the Queen’s Speech, politicians from all parties debated the direction of the government in the year ahead.

Prime Minister David Cameron said that the Queen’s Speech showcased “a packed programme of a busy and radical government”, whose “long-term economic plan is working but there is much, much more to do”, and it would “take the rest of this Parliament and the next to finish the task of turning our country around”.

Labour leader Ed Miliband said: “We would have a Queen’s Speech with legislation which would make work pay, reform our banks, freeze energy bills and build homes again in Britain. A Queen’s Speech which signals a new direction for Britain, not one which offers more of the same.”

Cameron described Miliband as having a “rag bag, pick-and-mix selection of statist Seventies ideas [… a] revival of Michael Foot’s policies paid for by Len McCluskey’s money” — a reference to controversies surrounding the substantial funding Labour gets from trade union Unite.

Liberal Democrat president Tim Farron said of the Queen’s Speech: “I suspect the pensions proposals will be around for a generation or more and will be remembered. It’s about making sure they are fairer, cheaper, more secure, more reliable and potentially better for people.”

Plaid Cymru MP Elfyn Llwyd said: “This was an uninspired Queen’s Speech delivered by a government that has well and truly run out of steam.”

Angus Robertson, the leader of the Scottish National Party in Westminster, said the Queen’s Speech barely mentioned Scotland: “The absence of any mention at all of the Westminster parties’ plans for Scotland in the Queen’s Speech is extraordinary. […] In this – the year of the biggest opportunity in Scotland’s history – Scotland hardly even gets a nod at Westminster, and not a single mention of future plans for improving government in Scotland.”

The speech made brief mention of Scotland: “My government will continue to implement new financial powers for the Scottish Parliament and make the case for Scotland to remain a part of the United Kingdom.”

Retrieved from “https://en.wikinews.org/w/index.php?title=Queen%27s_Speech_sets_out_Coalition_government%27s_final_year_agenda&oldid=3356011”

What Are Pipe Coatings And Their Numerous Benefits And Advantages}

October 27th, 2022 in Pipes | No Comments

What Are Pipe Coatings And Their Numerous Benefits And Advantages

by

James CampbellMetal pipes plus pipeline systems are being used everywhere. Their uses cover anything from plumbing to the transfer of fossil fuels. However, establishing an effective pipeline system demands more than simply connecting pieces of metal piping together. By way of example, a lot of pipes are offered bare, this means there are no protective coatings on the exterior or interior of the pipe. It’s of importance to safeguard this bare piping from damage, both externally and internally. This can be done by applying pipe coating. Pipe coating is often applied by professionals on site.

The best coating is a UV curable coating. These are usually epoxy-based coatings and may be sprayed on the pipe, which makes for quick application. After the coating dries, the UV barrier protects the piping from rust damage attributable to the elements. The all-weather protection in the coating protects the piping from corrosion. These coatings also provide other benefits.

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

When sprayed on the inside of the piping, the coating defends the interior from damage due to deposits, as well as preventing internal corrosion of the pipe. This heightens flow capacity of the pipe. Also, the coating smoothes out the pipe lining which raises flow under high pressure. When the inside of the pipe is not coated, the flow capacity will be less. This benefits one’s financial well being as well, for the reasont that higher flow capacity means greater productivity. Greater productivity indicates greater profits.

When the inside of a pipe is coated, the resulting increased flow capacity lowers some of the burden of the compressor stations and pumping. This means energy costs of the compressor and pumping are diminished, which helps you to save money. Piping using an internal coating may provide for a reduction in the size and capacity of compressor stations. Based on the type of piping system involved, the coating can be so effective to allow for the reduction in the number of compressor stations.

Mentioned above previously, the key goal of pipe coatings are to protect against corrosion. Corrosion from deposits or rust damage can greatly decrease the pipeline’s life span. Depending on the size of your operation, this might lead to high economic losses on account of multiple piping replacements. The time it’s going to take to replace the piping also triggers monetary loss, as the system is out of commission during replacement. Not only does pipe coating greatly slow the rate of corrosion, but it also cuts down piping repairs and replacements.

Metal pipes in addition to pipeline systems are widely used around the world. Their uses cover anything from plumbing to the transfer of fossil fuels. However, setting up an effective pipeline system requires more than simply connecting pieces of metal piping together. Such as, lots of pipes are sold bare, which means there are no protective coatings on the exterior or interior of the pipe. It’s of importance to safeguard this bare piping from damage, both externally and internally. It’s done this way by applying pipe coating. Pipe coating will likely be applied by professionals on site.

If you have a piping system, you should consider pipe coatings, such as UV curable

pipe coatings

. There are many companies found online that can apply the coating for a price. The price for the coating will vary from company to company, but the money you’ll save from fewer pipe repairs and replacements makes it worth the investment. For more information about

UV curable coating

, click the link.

Article Source:

eArticlesOnline.com}