GM and Chrysler receive Canadian loans amid US restructuring ultimata

Friday, April 3, 2009

General Motors (GM) and Chrysler will receive bridge loans from the government of Canada and the provincial government of Ontario, however no more will be forthcoming from either Canadian or US governments unless the companies can reinvent themselves.

“This is a regrettable but necessary step to protect the Canadian economy. We are doing this on the assumption that we obviously cannot afford either in the United States or Canada a catastrophic short-term collapse.” said Stephen Harper, Prime Minister of Canada.

“We cannot, we must not, and we will not let our auto industry simply vanish. This industry is, like no other, an emblem of the American spirit; a once and future symbol of America’s success,” said Barack Obama, President of the United States. “These companies – and this industry – must ultimately stand on their own, not as wards of the state.”File:Sinsheim quer.jpg

Chrysler will receive CA$1 billion and may in fact be eligible for as much as CA$4 billion. If Chrysler succeeds in the next 30 days with a restructuring plan it would be eligible for a US$6 billion loan. A part of Chrysler’s restructuring plan must include a partnership with Fiat within 30 days to appease the US administration. Fiat is a supplier of smaller fuel-efficient vehicles, and the merger will help Chrysler to be viable in the North American market. A Chrysler court bankruptcy would inevitably lead to it being sold off.

As a part of Chrysler’s restructuring plans, Tom LaSorda, the president of Chrysler announced that Canadian operations would fold if it does not receive both the US commitment of $2.3 billion of aid and a new Canadian Auto Workers CAW contract to reduce all-in costs by CA$19 per hour. As a result of this announcement Chrysler’s auto sales volume in Canada dropped 23% compared to March of 2008.

GM has until the end of May to restructure its company to receive up to CA$7.5 billion. As part of the companies restructuring, General Motor’s chief executive Rick Wagoner was replaced Sunday with Fritz Henderson, the current chief operating officer. Henderson spoke out on Tuesday that GM has submitted a restructuring plan which would close five plants, and this may be increased to meet the requirements for financial aid. He is in full compliance with Obama’s auto task force to seek bankruptcy if GM cannot negotiate with their unions, bondholders and others.

GM recently brought forward the “GM Total Confidence” program providing consumer purchase protection for customers who lose their job for economic reasons within the first two years from purchase. As a result of Chrysler’s restructuring announcement in Canada, GM’s Canadian vehicle sales volume fell only 17.3% compared to 2008, an increase from the previous month.

GM must reduce some of its legacy costs which include its pensions and union health care costs. A part of GM’s ailments arose from investing in supplying truck and SUVs during an economy of high gas prices when consumers were demanding fuel efficient vehicles.

Tony Clement, Canada’s Minister of Industry, is hoping that the CAW will support the restructuring process and re-negotiate their agreement. Whereas a United Auto Workers negotiator has said, “I don’t see how the UAW will do anything until they see what the bondholders will give up.”

The Obama administration is looking toward bankruptcy proceedings for the automakers, “as a mechanism to help them restructure quickly and emerge stronger. [It will] quickly clear away old debts that are weighing them down. What we are asking is difficult. It will require hard choices by companies. It will require unions and workers who have already made painful concessions to make even more. It will require creditors to recognise that they cannot hold out for the prospect of endless government bailouts.” said Obama.

The auto parts suppliers and IT software exporters in India have already been affected by the declining auto sales. GM and Chrysler software contracts provide US$300 to 350 million a year to vendors in India. As well these two major automakers usually award US$1 billion contracts to auto parts suppliers. “We are worried and closely watching the developments in the US to gauge the impact. The decline in auto sales in the US has already hit the order books of Indian suppliers,” said a Delhi auto parts supplier.

“Going forward, the industry will undoubtedly be smaller, but if our efforts are successful it will be viable and it will support good jobs for Canadians,” said Clements.

Betty Sutton, Ohio’s Congresswoman put forward the CARS act which provides a US$3,000 to 5,000 incentive for those who trade in their vehicle for a fuel-efficient car. “It clearly stimulates the economy, and it gets the consumer into the showroom and gets them buying again. But importantly — and this is what I particularly like about it — it really helps the environment quite a bit in two respects.” said William Clay Ford Jr., executive chairman of Ford Motor Co.

Ford Motor Company has not come forward with requests for assistance.

Since December GM and Chrysler have received US$17.4 billion government loans.

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Video details tortures by Saddam’s soldiers

Wednesday, January 19, 2005

A video provided by the American Enterprise Institute intends to show tortures committed by the soldiers of Saddam Hussein during his rule.

The film shows extremely graphic scenes and it is NOT SUITABLE FOR CHILDREN. It depicts Iraqi soldiers singing and praising Saddam, beating prisoners and cutting prisoners’ fingers and hands off.

During Saddam Hussein’s regime, about a quarter of a million Iraqis were executed. Many individual Iraqis of all faiths and ethnicities were tortured and killed for real or perceived opposition to Iraq’s government. Torture during Saddam’s regime was characterized by: medical experiments, crucifixions, genital amputations, hot iron marking, tongue fixing with a nail, teeth extraction with pincers, public beheadings, etc.

The four minute video (27.4 MiB) can be downloaded from the AEI website.

This video was released in June 2004. Most of the American and international media didn’t show it until now, despite the fact that channels of mass communication regularly released Abu Ghraib’s torture photos.

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Canada’s Don Valley West (Ward 26) 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 Don Valley West (Ward 26). Four candidates responded to Wikinews’ requests for an interview. This ward’s candidates include Muhammad Alam, Bahar Aminvaziri, Orhan Aybars, Michele Carroll-Smith, Mohamed Dhanani, Abdul Ingar, Geoff Kettel, Debbie Lechter, Natalie Maniates, John Masterson, John Parker, David Thomas, Csaba Vegh, and Fred Williams.

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

Contents

  • 1 Geoff Kettel
  • 2 Natalie Maniates
  • 3 John Parker
  • 4 Csaba Vegh
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General, Cosmetic, And Emergency Dental Services

byAlma Abell

While most people don’t give it a second thought, the teeth are an incredibly important part of our overall health and appearance. Taking care of them can ensure that they are healthy and beautiful for many years to come. The care of CA Dentists will help patients achieve great oral health and get the smile of their dreams. Dentists can help with general dentistry, cosmetic dentistry, and dental emergencies.

It’s important to get regular dental care. General dentistry covers a wide range of issues, but is generally seen as regular examinations and maintenance. During a regular visit, dentists will examine the teeth to ensure that they are getting proper care. They’ll also be able to find any issues before they arise. A dentist will know what to look for and be able to find a solution before the issue worsens. Dentists are there to help people of all ages achieve healthy smiles while developing good habits. Children will especially benefit from general dentistry. They’ll learn the necessary skills and habits to ensure that they are set up for a life of great teeth.

Having a beautiful smile is important to many people. The smile is often the first thing people see, and can make or break a first impression. CA Dentists offer a variety of different procedures to help make the smile sparkle. One common procedure is teeth whitening. There are a number of ways to achieve whiter teeth. A dentist will assess the teeth and determine he best way to approach. These procedures often only take an hour to complete, so patients can get their desired outcome fast. In addition to whitening, dentists can provide veneers, implants, and a number of other procedures.

There are a number of issues that are considered to be dental emergencies. These issues need to be taken care of fast to help alleviate pain and avoid further issues. Tooth extraction or root canals are just some of the types of dental emergencies. It’s important to find a dentist that offers emergency services. Dentists such as Dr George Braithwaite DMD offer same day service without an appointment. All in all, dentists can help with a number of different things to help make the smile the best it can be. It’s important to take care of the teeth to ensure they are there for years to come.

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Bryan brothers announce retirement from Davis Cup

Tuesday, January 24, 2017

On Sunday, the Bryan brothers announced their retirement from the United States’ Davis Cup team. Twins Bob and Mike Bryan have participated in the tennis tournament representing the US for almost fourteen years.

Mike and Bob Bryan hold the record of winning sixteen grand slam titles together. The 38-year-old duo made the announcement via Instagram with Bob saying, “Mike and I want to formally announce our decision to step down from our role as active members of the U.S. Davis Cup team”. They won the Davis Cup for the USA in 2007 calling it “one of the greatest highlights” of their career and first represented the country in 2003.

The duo defeated their compatriot Brian Baker and his Croatian partner Nikola Mekti? 6–3, 7–6 in the Australian Open’s Round of 16 today. They have won six Australian Open together. They have won an Olympics gold medal in London in 2012 and one bronze medal in Beijing in 2008. In mixed-doubles, Bob betters the two winning seven Grand Slams as compared to Mike’s four.

The United States is to play against Switzerland in the upcoming Davis Cup tournament next month.

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Scottish Borders minibus crash kills one, injures 23

Monday, December 31, 2018

A minibus overturned on the A6089 road between Gordon and Carfraemill in the Scottish Borders on Saturday night. The rural accident killed one man and injured 23 more.

The bus was reportedly carrying an all-male group from Newtongrange to Kelso. Following the accident, local authorities declared a major incident, with Police Scotland, the Scottish Ambulance Service, the Scottish Fire and Rescue Service, NHS Scotland, and Scottish Borders Council all collaborating on the response.

Per the reports, an air ambulance ferried one survivor to Glasgow’s Queen Elizabeth University Hospital; fourteen casualties were taken to Borders General Hospital in Melrose; and eight were taken to Edinburgh Royal Infirmary. The minibus held 23 passengers plus a driver. Authorities closed the road after the crash at around 10:50am, reopening it at 9:00pm.

59-year-old East Lothian man Ross Jones Barker has been identified as the man killed at the accident location. Barker and some other passengers were traveling to Kelso to attend the Kelso Races, a local horse race. Images of the bus showed it upended in a field perpendicular to the road, with extensive crush damage to the roof. BBC reported the minibus left tyre marks on the road.

Traffic Scotland took to Twitter on the day of the accident to warn of strong wind gusts affecting driving in the area. The road has a poor safety reputation among locals, who know it for its multiple blind summits. Police Scotland’s Road Policing Unit carried out on-site investigations and was working to establish the circumstances. The vehicle has since been righted and recovered.

Reverend Malcolm Muir of Newtongrange described “a solemnity across the village at the moment” in the “tight-knit community” which “has a very strong sense of identity.”

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Rapper Kanye West denounces Bush response, American media at hurricane relief telethon

Saturday, September 3, 2005

Grammy award-winning rapper/producer Kanye West appeared on a live on-air telethon simulcast on NBC, MSNBC, CNBC and PAX for Hurricane Katrina victims. Live on air, West said “George Bush doesn’t care about black people,” after saying “America is set up to help the poor, the black people, the less well-off as slow as possible.” He also said “the Red Cross is doing everything they can,” and stated that he was going to see what the maximum amount of money he can donate is. West criticized government authorities and stated that “They’ve given them permission to go down and shoot us.”

West first deviated from the script he and comedian Mike Myers were using by commenting on the recent uproar over differently captioned photos for black and white people in the aftermath of the hurricane: “I hate the way they portray us in the media. If you see a black family, it says they’re looting. See a white family, it says they’re looking for food.”

Though a several-second delay was in place, the comments were let through uncensored on the EST live broadcast as the person in charge “was instructed to listen for a curse word, and didn’t realize he had gone off-script,” according to an NBC spokeswoman.

NBC has released a statement after the broadcast: “Tonight’s telecast was a live television event wrought with emotion. Kanye West departed from the scripted comments that were prepared for him, and his opinions in no way represent the views of the networks. It would be most unfortunate if the efforts of the artists who participated tonight and the generosity of millions of Americans who are helping those in need are overshadowed by one person’s opinion.”

The sponsor of the event, the American Red Cross, also issued a statement on the telethon, stating: “During the telecast, a controversial comment was made by one of the celebrities. We would like the American public to know that our support is unwavering, regardless of political circumstances. We are a neutral and impartial organization, and support disaster victims across the country regardless of race, class, color or creed.”

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Scientists report chemotherapy cocktail may cause adult women to grow new egg cells

Wednesday, December 7, 2016

Chemotherapy is usually associated with a collection of side effects ranging from digestive problems to hair loss, but a study published this week in Human Reproduction demonstrated that female cancer patients may find they have something in common with much younger women in one specific area — their ovaries.

Scientists from the University of Edinburgh examined donated ovarian tissue from fourteen female cancer patients, most of whom had Hodgkin lymphoma, and compared it to tissue from healthy women. They found the samples from women who had been treated with a specific chemotherapeutic regimen known as ABVD not only contained greater numbers of dormant ova — egg cells — than those from women treated with harsher regimens but also more than samples from healthy women. ABVD is named for combining several drugs known as adriamycin, bleomycin, vinblastine, and dacarbazine.

These reproductive cells were not merely more plentiful in ABVD patients. They also appeared immature, “new” in the words of lead researcher Evelyn Telfer. This challenges the conventional belief that girls are born with all the ova they will ever have and the numbers can only go down as the cells are either used up by the reproductive cycle or succumb to damage or natural aging. However, further research is needed to confirm this. The study covered relatively few patients by scientific standards, and David Albertini of the Center for Human Reproduction in New York has suggested the cells may not actually be freshly grown. Instead, they may have always been there and were merely rendered more detectable by ABVD treatment.

The ability to grow new egg cells may have significant implications for women in Western societies, many of whom postpone childbearing to establish careers, sometimes into their late thirties or forties. However, Telfer warns against making use of these findings too soon: “There’s so much we don’t know about the ovary. We have to be very cautious about jumping to clinical applications.”

The experiments had been discussed earlier this year at the annual conference of the European Society of Human Reproduction and Embryology.

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GM and Chrysler receive Canadian loans amid US restructuring ultimata

Friday, April 3, 2009

General Motors (GM) and Chrysler will receive bridge loans from the government of Canada and the provincial government of Ontario, however no more will be forthcoming from either Canadian or US governments unless the companies can reinvent themselves.

“This is a regrettable but necessary step to protect the Canadian economy. We are doing this on the assumption that we obviously cannot afford either in the United States or Canada a catastrophic short-term collapse.” said Stephen Harper, Prime Minister of Canada.

“We cannot, we must not, and we will not let our auto industry simply vanish. This industry is, like no other, an emblem of the American spirit; a once and future symbol of America’s success,” said Barack Obama, President of the United States. “These companies – and this industry – must ultimately stand on their own, not as wards of the state.”File:Sinsheim quer.jpg

Chrysler will receive CA$1 billion and may in fact be eligible for as much as CA$4 billion. If Chrysler succeeds in the next 30 days with a restructuring plan it would be eligible for a US$6 billion loan. A part of Chrysler’s restructuring plan must include a partnership with Fiat within 30 days to appease the US administration. Fiat is a supplier of smaller fuel-efficient vehicles, and the merger will help Chrysler to be viable in the North American market. A Chrysler court bankruptcy would inevitably lead to it being sold off.

As a part of Chrysler’s restructuring plans, Tom LaSorda, the president of Chrysler announced that Canadian operations would fold if it does not receive both the US commitment of $2.3 billion of aid and a new Canadian Auto Workers CAW contract to reduce all-in costs by CA$19 per hour. As a result of this announcement Chrysler’s auto sales volume in Canada dropped 23% compared to March of 2008.

GM has until the end of May to restructure its company to receive up to CA$7.5 billion. As part of the companies restructuring, General Motor’s chief executive Rick Wagoner was replaced Sunday with Fritz Henderson, the current chief operating officer. Henderson spoke out on Tuesday that GM has submitted a restructuring plan which would close five plants, and this may be increased to meet the requirements for financial aid. He is in full compliance with Obama’s auto task force to seek bankruptcy if GM cannot negotiate with their unions, bondholders and others.

GM recently brought forward the “GM Total Confidence” program providing consumer purchase protection for customers who lose their job for economic reasons within the first two years from purchase. As a result of Chrysler’s restructuring announcement in Canada, GM’s Canadian vehicle sales volume fell only 17.3% compared to 2008, an increase from the previous month.

GM must reduce some of its legacy costs which include its pensions and union health care costs. A part of GM’s ailments arose from investing in supplying truck and SUVs during an economy of high gas prices when consumers were demanding fuel efficient vehicles.

Tony Clement, Canada’s Minister of Industry, is hoping that the CAW will support the restructuring process and re-negotiate their agreement. Whereas a United Auto Workers negotiator has said, “I don’t see how the UAW will do anything until they see what the bondholders will give up.”

The Obama administration is looking toward bankruptcy proceedings for the automakers, “as a mechanism to help them restructure quickly and emerge stronger. [It will] quickly clear away old debts that are weighing them down. What we are asking is difficult. It will require hard choices by companies. It will require unions and workers who have already made painful concessions to make even more. It will require creditors to recognise that they cannot hold out for the prospect of endless government bailouts.” said Obama.

The auto parts suppliers and IT software exporters in India have already been affected by the declining auto sales. GM and Chrysler software contracts provide US$300 to 350 million a year to vendors in India. As well these two major automakers usually award US$1 billion contracts to auto parts suppliers. “We are worried and closely watching the developments in the US to gauge the impact. The decline in auto sales in the US has already hit the order books of Indian suppliers,” said a Delhi auto parts supplier.

“Going forward, the industry will undoubtedly be smaller, but if our efforts are successful it will be viable and it will support good jobs for Canadians,” said Clements.

Betty Sutton, Ohio’s Congresswoman put forward the CARS act which provides a US$3,000 to 5,000 incentive for those who trade in their vehicle for a fuel-efficient car. “It clearly stimulates the economy, and it gets the consumer into the showroom and gets them buying again. But importantly — and this is what I particularly like about it — it really helps the environment quite a bit in two respects.” said William Clay Ford Jr., executive chairman of Ford Motor Co.

Ford Motor Company has not come forward with requests for assistance.

Since December GM and Chrysler have received US$17.4 billion government loans.

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