teficsa.com

Sunday, January 13, 2008

In response to higher than expected mortgage rate increases last week, Australian treasurer Wayne Swan flagged changes to banking regulations to increase competition between lenders on home mortgages.

Swan announced yesterday he had sought a Treasury report on the banking sector ahead of talks over the next fortnight on reforms to make it easier for bank customers to move mortgages between lenders by forcing banks to reduce exit fees, to “make the market more competitive”.

“Everybody knows we’ve been impacted upon by the U.S. sub-prime mortgage crisis that has pushed up the cost of money,” Swan said.

“But, as I said last week, some of the increases we saw by the banks were not justified. In my view, they were excessive. I urge people to vote with their feet. If there are obstacles to people voting with their feet, switching their accounts, we’ll have a look at those.”

The banking industry, however, insists that loan refinancing is not a complicated process currently, according to the head of the Australian Bankers Association (ABA), David Bell. “There is a competitive marketplace for home loans and the Cannex website shows the many products that are available,” said Bell. “Regarding the switching of transaction accounts, the Australian Payments Clearing Association is conducting a community consultation process on this issue. ABA member banks support this process.”

Saturday, May 24, 2008

Thailand’s National Film Archive in Salaya, Nakhon Pathom unveiled a new museum and cinema on Thursday night for the 100th anniversary celebration of the birth of Rattana Pestjoni, a filmmaker who is considered the “father of contemporary Thai cinema”.

With Pestonji’s family, movie stars, filmmakers, government officials and fans on hand, the National Film Archive’s museum was opened for tours, and the facility’s 120-seat cinema hosted the screening of a documentary film, Signature: The Life and Work of R.D. Pestonji.

Pestonji was born in Bangkok on May 22, 1908, to a Parsi-Indian (ethnic Persian) family. For his first short film, Tang, in 1937, he received an award from Alfred Hitchcock at a film festival in Scotland. Pestonji directed his first feature film, Dear Dolly, in 1951. He was known for his skills as a cinematographer, and he shot the first Thai feature film to be submitted to an overseas film festival. Pestonji also pushed for innovations in the Thai film industry, such as using 35mm film, and raising the level of cinematography as an artistic element of the films, said film historian Dome Sukwong, director of the National Film Archive.

The now-lost Santi-Weena was submitted to the Asia-Pacific Film Festival in 1954 in Tokyo. Pestonji served as cinematographer on it as well as Forever Yours, in 1955. He then directed four features, Country Hotel in 1957, Dark Heaven in 1958, Black Silk in 1961, and Sugar Is Not Sweet in 1964. His films were never box-office successes, which led to Pestonji retiring from feature-film work to make television commercials, Sukwong said.

Pestonji died of a heart attack on August 17, 1970 at the Montien Hotel Bangkok, while giving a speech to government officials and film industry executives about the prevalence of Hollywood films in Thailand’s cinemas.

Contemporary directors who were influenced by Pestonji include Wisit Sasanatieng and Pen-ek Ratanaruang (Last Life in the Universe). Sasanatieng was among the filmmakers present at Thursday’s event.

“Prae Dum [Black Silk] is the film that remains my single major influence,” Sasanatieng was quoted as saying by the Bangkok Post. Sasanatieng’s colorful features, Tears of the Black Tiger and Citizen Dog bear many of the hallmarks of Pestonji’s films. “Khun Ratana was not simply a master storyteller … he knew how to use color, art direction and camera angles to create subtle nuances and charge the movie with strong emotions.”

Pestonji’s sons, Santa and Edel, have continued in the film business. The Bangkok film production house their father started now houses a firm that hires out equipment and film crews to foreign films shooting on location in Thailand. Films that the company has been involved with include Heaven & Earth and The Beach. Pestonji’s daughter, Ratanavadi Ratanabhand, was the lead actress in 1961’s Black Silk.

The Pestonji centennial celebration was the first major event held in the new facilities at the National Film Archive, which moved around 10 years ago to the Fine Arts Department compound in Nakhon Pathom Province, about 50 kilometers from Bangkok, where the archive had been previously located. The museum and cinema complex were built in the last year, and Thursday’s event was the first major function held at the facility, said Chalida Uabumrungjit of the Thai Film Foundation, which has worked closely with the National Film Archive to preserve Pestonji’s legacy. The foundation holds the rights to Pestonji’s films and plans to issue a DVD set of his works later this year.

The centerpiece of the archive’s museum is a wax figure of Pestonji, seated with his prized Mitchell camera in front of a recreation of the set from his 1957 musical comedy Country Hotel.

In a manner similar to Grauman’s Chinese Theatre in Hollywood, handprints, footprints and signatures of celebrities are being collected in the concrete outside the museum’s cinema. That initiative started on Thursday with actor Prompong Nopparit, a spokesman for the Ministry of Culture, being the first to make his marks.

Other stars making impressions included actor Suthep Wongkamheng, who starred in Pestonji’s Dark Heaven. A rain storm dampened the festivities, but didn’t keep 1970s action star Sombat Metanee from making his mark in the slab, albeit under cover of umbrellas. Other figures adding their marks to the wet cement were pioneering animator Payut Ngaokrachang and Santa Pestonji, Ratana’s eldest son.

Tuesday, March 31, 2009

Local municipal and provincial volunteers in Manitoba, Canada are exhausted in their efforts to divert the rising waters of the Red River of the North.

It has been hard work with little sleep for the residents who live on the shores of the Red River to shore up their defences with sandbags, build dikes, clear frozen culverts and break ice jams

Volunteers to spell relief for local volunteers and food are desperately needed.

“It’s a week now we’ve been doing this … you’re talking four, five, six public works guys. In my one community we’ve got 25 volunteer firefighters and those guys have been going 24/7, so of course it’s wearing them down.” said Paul Guyader, Manitoba’s emergency measures coordinator.

“We’re dealing with one of the biggest floods the province has ever seen,” said Steve Strang, mayor of St. Clements, Manitoba “We’ve put out hundreds of thousands of bags already. The municipalities are working very well, we’re working with the provincial government, we’ve brought in every possible resource we could to address this issue. The volunteerism within the community has been phenomenal.”

The Portage Diversion has taken some spring waters from the Assiniboine River and diverted the flow to Lake Manitoba.

Roseau River Anishinabe First Nation has been totally evacuated, as well as many homes near the Canada – United States border.

The cold weather is freezing the ice jams into place. Guyader has had 2 Amphibex Excavators operating on the river breaking up ice.

The Red River is right now 16.7 feet (5 metres) above spring ice conditions. The Red River Floodway gates cannot be opened with the current ice jams.

“If we operate now, we can get ice jamming going into the floodway, jamming up against the St. Mary’s bridge, as such, the floodway capacity would be reduced and would cause higher water levels in the city of Winnipeg.” said Steve Topping, Manitoba Water Stewardship spokesman

The floodway was constructed in 1968 following the 1950 flood to divert the overflow spring flooding waters of the Red River. The floodway has been widened the since the 1997 “flood of the century” and the expansion is expected to be completed this spring. As well Manitoba built permanent dikes around communities within the flood plain since the last two major floods..

The Red River waters will crest between the beginning of April to mid April, at which time also the weather should be warming up. Communities are bracing for higher water levels, more ice jams as well as melting snow in the warmer spring temperatures.

Tuesday, October 14, 2008

With the People’s Alliance for Democracy (PAD) having called off Monday’s demonstration and march on Bangkok‘s police headquarters, Thailand’s Queen Sirikit (Thai: ????????????????????????? ???????????????) and HRH Princess Chulabhorn Valayalaksana (Thai: ??????????????????? ???????????????????????? ?????????????) attended the cremation and funeral of Angkana Radubpanyawoot, one of the protesters killed in clashes between police and PAD protesters last Tuesday.

The queen, consort of the highly popular and revered eighty-year old Thai monarch Bhumibol Adulyadej (Thai: ??????????????), was joined by police chiefs, leaders of the PAD movement, and many protesters. Presiding over the ceremonies, the queen was accompanied by army chief Anupong Paojinda (Thai: ??????? ?????????), the opposition Democrat party leader, Abhisit Vejjajiva (Thai: ????????? ?????????), and newly elected Bangkok Governor, Apirak Kosayodhin (Thai: ???????? ?????????). Founder and de-facto head of the People’s Alliance for Democracy movement, Sondhi Limthongkul (Thai: ???? ??????????) attended as the protest group’s representative, along with thousands of others mainly from the PAD.

Queen Sirikit spoke with Angkhana’s father, Jinda Radappanyawut during the Buddhist cremation ceremony. He later discussed their conversation, detailing that the queen had given moral support and said that his daughter was a decent person who had been helping the King and working for the good of the nation. Jinda’s wife, Angkhana’s mother, was not present at the funeral; she continues to be treated for injuries sustained during the protest outside parliament. The Bangkok Post report detailing this meeting mentions that the king has donated funds to help those injured in the police clampdown.

At the closing of the funeral services there were scuffles between PAD protesters and the Army’s Commander-in-Chief, Anupong Paojinda, as he attempted to leave. Security guards had to assist him in reaching his car and protesters banged on the car as it drove away.

With a sub-committee appointed by the country’s Human Rights Commission due to report within the week, details are beginning to emerge accounting for the number of injuries and severity of some in last Tuesday’s clashes outside parliament. Nearly 500 were injured as police employed tear gas to try and disperse the crowd of PAD protesters blockading parliament. The group, originally formed seeking to topple deposed former prime minister Thaksin Shinawatra and his Thai Rak Thai party, had disbanded in September 2006 following Thaksin being removed by a coup. The 2007 general election saw them reform to oppose the new government formed by the People’s Power Party (PPP) who are widely regarded as a proxy for the ex-PM living in exile in the UK. The PAD protest aimed to stop the PPP government from announcing their legislative programme which included measures to amend the constitution and rehabilitate Thaksin and others from the now-outlawed Thai Rak Thai party. Investigations started during the coup period leave Thaksin and others accused of vote buying and electoral fraud.

Porntip Rojanasunan, the director of Thailand’s Central Institute of Forensic Science has indicated that the tear gas employed was likely responsible for the many injuries during the October 7 crackdown. A number of the canisters were found to contain RDX, a militarily employed explosive. RDX is considered a powerful explosive and the quantities likely involved would have left craters. Other types of tear gas were employed, manufactured in the United States and Spain, but during the protest it was the RDX-laced variety which originated in China that had been favoured. Porntip’s agency demonstrated the firing of these tear gas canisters from a shotgun to the Human Rights Commission committee on Sunday, noting that one exploded canister “left a hole in a metal pipe”. It is claimed that the lethal tear gas was sourced from a third party and not directly from China.

Along with the two fatalities, fifteen people remain hospitalised from last week’s police action, with one critically injured having lost his right arm.

Monday’s planned PAD protest and march on Bangkok police HQ was cancelled to allow people to attend the cremation and funeral services for the two dead. No new date for the protest has been announced.

Monday, December 8, 2008

More details have emerged over the weekend after the surprise announcement last week of Honda‘s intention to sell its Formula One racing team, Honda Racing F1. The team management, Nick Fry and Ross Brawn, have already announced confidence in their ability not only to find a buyer for the team but also to deliver the performance expected of Honda’s 2009 car. Prices as low as £1 have been put forward as possible prices tags for the Northampton based team, with Honda CEO Takeo Fukui stating that “Just to make the team possible to exist, a small price tag is acceptable”.

On Saturday the Japanese car giant said that before selling the team it was going to offer British driver Jensen Button, who had given the Honda team its only victory, a way out of his recently signed multi-million pound contract with the team so he could try to get a drive with other teams. However, Ross Brawn appears eager to retain the Briton and either retain Brazilian Rubens Barrichello or sign GP2 driver Bruno Senna, nephew of legendary racer Ayrton Senna. At an industry awards dinner, Button indicated his desire for a buyer to be found for Honda, saying any buyer would get “… a great team with excellent facilities. And with the leadership of Ross Brawn, and the whole team as they are, we can come through this and be on the grid in 2009”. Button has also spoken of his shock and pain at Honda’s decision.

Ross Brawn, who was brought into the Honda team with much fan fare before the 2008 season, has spoken of his shock at finding out about the sale of the team. Brawn, who is credited with helping Michael Schumacher and Ferrari dominate Formula One for much of the last decade, indicated he was expected funding cuts and had prepared a reduced budget but hadn’t expected the full withdrawal of support that Honda announced. Brawn has also indicated understanding of Honda’s reasoning, with their sales down 40% in some markets and Honda F1’s £200m+ budget a cost they were unwilling to bear.

Though Honda has committed to providing a budget for the team until March, the budget is lower than that which had been expected and so the team has had to pull out of the crucial winter tests at Jerez. This has denied Formula One hopeful Bruno Senna another test with the team and has combined with the engine implications of Honda’s withdrawal to push the new car’s final testing from January to March, just weeks before the first Grand Prix in Australia. Ross Brawn however remains confident of competing with new Formula One frontrunners BMW Sauber and Formula One supremo Bernie Ecclestone has tipped the team as a great buy, saying “I’ve no doubt Honda would have been in top four next year without any problems. They’ve spent a lot of money to put themselves in that position so if anyone does want to be in F1 this is a team they should look to buy. It’s a big opportunity for any company that’s run efficiently to benefit”.

Tuesday, June 24, 2008

Buffalo, New York —Two weeks after a 19th century stable and livery on Jersey Street partially collapsed and caused 15 homes to be evacuated in Buffalo, New York, residents still do not have answers from the city despite a court order to work with them and come to an agreement on a way to save some or all of the building, Wikinews has learned. Despite the frustration from residents, the city is planning on suing the building’s owner. A rally was held at the stable’s site where residents are hoping to bring more awareness to the situation and gain more support to save the building.

On June 11, a significant portion of the stable’s right side wall collapsed into the yard of a resident’s home. Authorities, including the Buffalo Fire Department were called to the scene to evaluate the collapse and evacuate 15 homes of residents surrounding the stable as a precautionary measure. The following day, the city ordered an emergency demolition on the building, which was stopped by a restraining order residents with Save The Livery (www.savethelivery.com) won on June 14. Two weeks later, five homes are still evacuated and residents don’t know when they will be able to return.

On June 19, Judge Justice Christopher Burns of the New York State Supreme Court ordered a halt to the emergency demolition and ordered the city and residents to come to an agreement to save the building, or at least a significant portion of it. Despite a court date today, no agreement has yet been reached between the two parties.

“It is in the interest of the city to have a safe environment–but also important to maintain a sense of historical preservation,” stated Burns in his June 19th ruling. The court ruled that a limited demolition could take place and that the city was only allowed to remove material in immediate danger to residents and pedestrians, but stated that the demolition could only be performed with “hand tools.” The court also ordered that any rubble which had fallen into neighboring yards when the building collapsed, to be removed. Since then, most of not all the significantly damaged portions of the building or portions in immediate danger of falling have been demolished. The roof has also been removed to put less stress on the stable’s walls.

“Its been over three years since we have been having problems with part of the livery falling down. There was an implosion two weeks ago and suddenly the city wanted to have an emergency demolition,” said Catherine Herrick who lives on Summer Street immediately behind the stable and is the main plaintiff in the lawsuit against the city. Many homes on Summer are small cottages which were used as servants quarters when the stable was in operation, many of which were built in the 1820’s. At least seven homes on Summer border the stable’s back walls. Residents in those homes have significant gardens which have been planted against the building and growing for decades.

“Both parties are to continue to work together to see how we can meet everybody’s needs. This is the third time we have been in that courtroom, and that is what we were basically told to do,” added Herrick who said the rally was held today because this “is Buffalo’s history. Buffalo is a wonderful place to live because of its history and this is a historical, beautiful building and we need to keep those beautiful buildings.”

Herrick states that the city is working with residents, but also believes that its “slow moving” and they are allowing the owner to get away with neglect on the property.

“I believe right now that they are letting the owner get off. The owner was negligent for 20 years, and hasn’t done anything to it despite what he has claimed to say. Now that this is an emergency situation, the city has a lot to say about it,” added Herrick.

Currently the building is owned by Bob Freudenheim who has several building violations against him because its poor condition. He has received at least five violations in three months and residents who live near the building state that Freudenheim should be “100% responsible” for his actions.

Freudenheim gave the city permission to demolish the building on June 12 during an emergency Preservation Board meeting, because he would not be “rehabilitating the building anytime soon.” Freudenheim, along with his wife Nina, were part-owners of the Hotel Lenox at 140 North Street in Buffalo and were advocates to stop the Elmwood Village Hotel from being built on the Southeast corner of Forest and Elmwood Avenues. They also financially supported a lawsuit in an attempt to stop the hotel from being built. Though it is not known exactly how long Freudenheim has owned the stable, Wikinews has learned that he was the owner while fighting to stop the hotel from being built. Residents say that he has been the owner for at least 22 years. Attorneys for Freudenheim confirm that the city is starting proceedings against him for his violations beginning as early as Wednesday June 25. Freudenheim has not released a statement and could not be reached for comment.

Many residents want the building preserved and Herrick states that their engineer can have it stable in “four days” as opposed to the 14-30 days it would take to demolish the building and “at a lesser cost than what it costs to demolish it.”

It will cost the city nearly US$300,000 to demolish the building which is paid for with tax money collected from residents in the city. The Buffalo News reports that fees are approaching $700,000. Though reports say there is a potential buyer of the stable, Wikinews cannot independently confirm those reports.

Residents say the stable was designed by Richard A. Waite, a 19th century architect, and was first owned by a company called White Bros., used as a stable and housed at least 30 horses at any given time. It also stored “coaches, coupes, broughams, Victorias and everything in the line of light livery,” stated an article from the West Side Topics dated 1906. According to the article, The company first opened in 1881 on Thirteenth Street, now Normal Avenue, and later moved into the Jersey building in 1892. The Buffalo Fire Department believes the building was built around 1814, while the city property database states it was built in 1870. It is believed to be only one of three stables of this kind still standing in the country.

At about 1950, the stable was converted into an automobile body shop and gasoline station.A property record search showed that in 1950 at least four fuel storage tanks were installed on the property. Two are listed as 550 square feet while the other two are 2,000 square feet. All of the tanks are designated as a TK4, which New York State says is used for “below ground horizontal bulk fuel storage.” The cost of installing a tank of that nature according to the state, at that time, included the tank itself, “excavation and backfill,” but did not include “the piping, ballast, or hold-down slab orring.” It is not known if the tanks are still on the property, but residents are concerned the city was not taking the precautions to find out.

Wikinews has called the city along with the Mayor’s office several times, but both have yet to return our calls. There are conflicting reports as to the date of the next hearing. According to Herrick, the next hearing is July 1, 2008 though the Buffalo News states the next hearing is July 8. The News also states that Burns will make a final ruling on the stable at this time.

Sunday, December 9, 2007

NASA have today announced that the launch of Space Shuttle Atlantis, mission STS-122, which is a module delivery mission to the International Space Station (ISS), will be delayed until January 2nd, 2008 at the earliest, after scrubbing today’s launch attempt, and an earlier attempt on December 6th.

The decision to scrub the launch attempt was made at 7:24 a.m. EST by shuttle program managers. The reason behind the scrubbing is to allow shuttle engineers to spend time diagnosing and fixing the erroneous readings presented to the crew and Mission Control by the intermittent malfunctioning of a critical engine cutoff sensor (ECO). While only one of the four sensors was malfunctioning, the current launch criteria for the mission state that all four ECOs must be functioning correctly in order to launch.

At a meeting held at 9 a.m., NASA’s Mission Management Team for STS-122 decided on a postponement until January 2nd at the very earliest. Atlantis is due to deliver the European Space Agency’s (ESA) Columbus laboratory module to the ISS. Alan Thirkettle, ESA’s Space Station Program Manager, said, regarding the delay in launch: “In the big picture, it’s not a setback. [But] it is disappointing because we have 750 people over here.”