Thursday, March 5, 2009

US stock markets dropped to twelve-year lows on Thursday, amidst falling confidence in the financial sector and worries over whether the US automobile manufacturer General Motors will be able to keep operating.

The Dow Jones Industrial Average dropped by 4.08%, or 280.52 points, at the closing bell, reaching a level of 6595.32, a new 12-year low. The Nasdaq Composite lost 54.15 points, or 4%, to 1299.59, while the Standard & Poor’s 500 plunged by 30.27 points, or 4.25%, closing at 682.60.

Every stock in the Dow Jones, other than Wal-Mart, either lost ground or remained even, and all stocks in the S&P 500 index lost ground.

General Motors’ shares lost 15.5% after the auto firm announced that its auditors had “substantial doubt” over whether it would be able to keep operating.

Shares of financial companies were lower by nine percent, with Bank of America losing 11.7% and Citigroup falling by 9.7%.

“What’s most worrisome is that we haven’t hit the crescendo yet,” said Bill Groeneveld, the head trader for vFinance Investments. “Asset-management divisions are getting calls to just liquidate everything, and we haven’t seen the big players come back in at all.”

“This is one of the worst bear markets in the last 100 years; it started out with the credit crisis and the subprime [loans], but it is like a forest fire that has raced across the clearing and ignited other parts: Autos, auto parts, the insurance companies have been hit very hard. The credit crisis is causing an unraveling of industry after industry because the banks don’t lend,” said David Dreman, the chief investment officer of Dreman Value Management.

European markets were also lower today, with the London’s FTSE index losing 3.2% and the DAX index of Germany falling by five percent.

Monday, March 13, 2006

Mayra Ramirez, a 16 year old Chicago, USA student is blind. In order to graduate, she and dozens of other visually impaired students in Chicago schools are required to pass a written rules-of-the-road exam. “In other classes, you don’t really feel different because you can do the work other people do,” Ramirez said. “But in driver’s ed, it does give us the feeling we’re different. In a way, it brought me down, because it reminds me of something I can’t do.”

Michael Vaughn, a spokesman for Chicago schools said, “I can’t explain why up to this point no one has raised the issue and suggested a better way for visually impaired students to opt out of driver’s ed.”

Blind students are typically told that they must take the class to graduate; although, by law, any parent can request a change in a disabled student’s education plan. This law is rarely, if ever, disclosed to the students, according to the Chicago Tribune.

Sunday, March 27, 2005

After almost a decade off the air, the science fiction television series Doctor Who returned with new episodes to BBC airwaves on Saturday night, drawing a large audience.

Starring movie actor Christopher Eccleston, the ninth actor cast to play the Doctor, as the newly reincarnated Time Lord, the new series showed off a bigger budget with expensive special effects and a much darker — and sexier — tone. The new star and series got a blessing from actor Sylvester McCoy, who played the Doctor in the 1980s.

“I am very envious about not being in it. The writing is terrific and the toys they play with are much more sophisticated than they were in my day,” McCoy wrote in a column for BBC News. “My only criticism was about the TARDIS. It was far too clean. It needs to look a bit more battered and bruised as if it’s been through the odd asteroid or two,” he said.

The Doctor’s new sidekick is played by Billie Piper, whose marriage to Chris Evans ended during filming.

“We’re pleased so many people sat down as a family to watch the return of the Doctor,” a spokesperson said. Families apparently sat down in droves. Preliminary ratings figures show Who wooing 10.5 million viewers at its peak, or more than 44 percent of all television households in the United Kingdom, for the debut episode.

This made it the most-watched show of the evening, easily outpacing second-place Ant and Dec’s Saturday Night Takeaway on ITV, which attracted an average of 7.2 million households.

The series will run for another twelve episodes.

One of the longest-running dramas in British history, Doctor Who has been airing sporadically since its debut in 1963. Ironically, the series cancellation in 1989 was due to low ratings.

Thursday, June 7, 2007

Team New Zealand has beaten Luna Rossa Challenge 5-0, thus having the right to challenge current America Cup holder, Alinghi.

Team New Zealand racing in NZL-92, beat Italian team, Luna Rossa five times in a row and won the Louis Vuitton Cup.

NZL-92 completed the race 22 seconds ahead of ITA-94, the Italian’s yacht.

In the 24-year history, Team New Zealand has become the first team to defeat another team five times in a row, without losing once. Dean Barker, helsman, said that they are very proud of what they have achieved.

Both teams had not been changed for the yacht race, though Luna Rossa did make an approved change to ITA-94.

On June 23 the best-of-nine challenge for America’s Cup will start. The fourth time straight New Zealand will be competing.

Even without LaDainian Tomlinson and Philip Rivers, the Chargers made sure the Indianapolis Colts won’t repeat as Super Bowl champions.

Now San Diego must make sure it doesn’t repeat its last performance at New England.

That will be especially difficult without an injured L.T., who departed in the first half with a bruised left knee, and starting quarterback Rivers, who went out in the third quarter with a damaged right knee in the Chargers’ stunning 28-24 victory Sunday.

With Billy Volek at quarterback and Michael Turner as the main runner, San Diego went 78 yards on eight plays, with Volek sneaking in from the 1 with 4:50 remaining for the lead. The Chargers’ big-play defense then held on downs at its 7, and stopped Indy again in the final moments to preserve their eighth straight win.

To make it nine in a row and advance to their second Super Bowl — the other was a loss to San Francisco after the 1994 season — the Chargers will need all the resourcefulness they showed at Indianapolis. Being undermanned against undefeated New England hardly is an enticing prospect.

Still, with All-Pro cornerback Antonio Cromartie getting an interception and fumble recovery, and linebackers Shawne Merriman and Shaun Phillips plaguing Peyton Manning, the Chargers showed they have the ability to throw off any offense. Maybe even the most prolific attack in NFL history.

The Chargers didn’t come close against the Patriots in Week 2, falling 38-14. That was the beginning of a slide to 5-5 for San Diego, but the Chargers (13-5) are rolling now.

It was a gutty showing by Rivers, who threw for three scores — he banged his right knee on a 56-yard screen pass TD by Darren Sproles to end the third quarter. And Turner, who could be a starter elsewhere but usually sits behind league rushing leader Tomlinson, gave the offense the balance it desperately needed in the late stages of the upset, rushing for 71 yards.

The Chargers’ opportunistic defense, which led the league in takeaways (48) and turnover margin (plus-24), grabbed two interceptions — both on tipped balls — and a fumble. While San Diego couldn’t stop Manning’s offense from steadily marching downfield most of the game, it could make the key plays that get you closer to the Super Bowl.

Still, if Tomlinson is limited or sidelined, how much chance do the Chargers have against the perfect Patriots? Not to mention perhaps missing Rivers or tight end Antonio Gates, who courageously played much of the day on a dislocated toe.

For the Colts (13-4), it was a bitterly quick elimination from the postseason.

A year ago, they won three playoff games, then beat Chicago in the Super Bowl. They couldn’t recapture their touch on offense or defense this time, and a defense that allowed the fewest points during the season wore down against the equally physical Chargers.

Manning did throw for 402 yards, completing 33 of his 48 throws, but both interceptions killed deep scoring threats.

Rivers was 14-of-19 for 264 yards, and Volek went 3-of-4 for 48 yards in his clutch relief role. Vincent Jackson became Rivers’ top target and had seven catches for 93 yards and a score.

[edit]

Wednesday, October 13, 2010

The rescue of the Chilean miners trapped in the San José Mine in Copiapó, codenamed Operación San Lorenzo (San Lorenzo Operation), began on Tuesday night, at around 20:00 local time (23:00 UTC).

Florencio Ávalos was the first miner to be rescued, at 00:12 local time (03:12 UTC) on Wednesday. He was wearing a shirt signed by all his fellow miners. “The first miner is already with us. We saw it all, him hugging his wife Monica and his son Byron,” said President Piñera shortly after the first rescue. “We still have a long journey.”

“This will be recorded on every single Chilean heart forever,” Piñera added. “I hope the miners’ hope stay with us, just like the [February] earthquake victims’ [hope] and what the earthquake took off. We know that the disasters unite us all.”

All the 33 miners were rescued. The last miner, Luis Urzúa, was rescued at 21:55 Chile time (00:55 UTC). “It is a pleasure to be Chilean, [I’m] proud,” said Luis Urzúa to President Piñera. “In honour of the miners, their families, the rescuers […] let’s sing our national anthem. Viva Chile Mierda!,” said Piñera. Urzúa thanked Mining Minister Golborne and the First Lady Cecilia Morel for “fighting for their lives.” “I’m proud of my fellow miners,” Urzúa added.

Six rescuers, including a miner and a paramedic, descended to the miners’ shelter using the Fénix 3 capsule which was specially constructed for the rescue. They performed check-ups and talk with the miners before taking them back to the surface. The rescuers still don’t leave the mine.

The Fénix 3 capsules are 3.95 metres in height and weigh about 460 kilograms. They have an armour, an oxygen tube and a microphone. The occupants helmets contain an intercom to keep them in contact with the rescue team on the surface.

President of Chile Piñera assisted to the rescue. Bolivian President Evo Morales could not attend Carlos Mamani’s rescue. Mamani is the only Bolivian miner in the group.

A mass for the miners was conducted at 18:00 local time (21:00 UTC). The rescue takes between 15 and 20 minutes for each miner.

On Tuesday, Mayor of Copiapó Maglio Cicardini announced that the municipal schools in the city will have no classes this Wednesday “to transform the rescue of the Atacama’s 33 in a familiar meeting,” Radio Cooperativa reported.

“The miners will be taken to the Copiapó Regional Hospital for medical checkup, where they will have to stay for 48 hours,” Health Minister Mañalich said to Televisión Nacional de Chile.

Celebrations are taking place in several Chilean cities. In Santiago de Chile, people gathered in one of the most important points of the city, Plaza Italia. In Pichilemu, tens of cars are passing over its most important streets. In Copiapó, people gathered in its main square to assist a massive concert.

On August 5, 33 miners were trapped more than 700 meters (2,300 ft) underground, in the San José copper–gold mine, located about 40 kilometers north of Copiapó, Chile.

The youngest trapped miner is 19 years old, and the oldest is 63. There were several rescue attempts before reaching the miners’ shelter on August 22. The National Emergencies Office of Chile (ONEMI) released a list of the trapped miners on August 6, which included Franklin Lobos Ramírez, a retired footballer.

Chile is the worlds top producer of copper, according to The Economist. The San José Mine is owned by the San Esteban Mining Company (Empresa Minera San Esteban). The mine was closed down in 2007, after relatives of a miner who had died sued the company executives, but the mine was re–opened in 2008.

It was originally estimated that “it would take three to four months to complete the rescue of the trapped miners”. There were three plans to reach the miners: “Plan A” using a Strata 950 drill, “Plan B” using a Schramm T130XD drill, and “Plan C” using a RIG-422 drill. The first to reach the miners was “Plan B”, early on Saturday 9.

The last step of their rescue, announced by Health Minister Jaime Mañalich, was originally due to begin on Tuesday. Laurence Golborne, Minery Minister said “If it is possible, and the cement sets before and we don’t have any impediments to doing it, it would be wonderful,” in a press conference on Monday. The men will be extracted in a steel rescue capsule 54 cm (21 inches) in diameter.

On September 4, Chilean filmmaker Rodrigo Ortúzar announced plans to film a movie about the accident, called “Los 33” (“The 33”). The film will be released in 2011.

One miner is Bolivian, and the other 32 are Chilean.

Raúl Bustos, 40 years old, is an hydraulics engineer. He left his job in Talcahuano after the February 27 earthquake to work in the mine.

Daniel Herrera, 27 years old, is a lorry driver. He has acted as paramedic assistant in the mine. He said to La Tercera “the miners were unhappy with the psychologist in the rescue team.”

Claudio Acuña, miner, is fan of the Colo-Colo football club. The BBC reports he is aged 56, but El Comercio says he is 44.

Pedro Cortez is aged 24. He joined the mine with his friend Carlos Bugueño. Cortez is an electrician, and lost a finger in the mine a year ago.

File:Juan Aguilar with President Piñera.jpg

A native of Los Lagos, Juan Aguilar is 49 years old. Aguilar is married to Cristy Coronado, according to El Comercio. Aguilar works as a supervisor.

Mario Sepúlveda is a 39 years old electrician native of Parral; he is married. He has been the spokesman of the most of the miners’ videos. Mario Sepúlveda was the second miner to be rescued, on Wednesday at 01:10 local time (04:10 UTC).

Víctor Zamora is a 33 years old auto mechanic. Zamora is married to Jéssica Cortez, who confirmed she was pregnant while he was in the mine.

Osman Araya is 30 years old, and married. He began working as miner four months before the accident.

Florencio Ávalos is 31 years old. He is the brother of Renán Ávalos, who is also trapped in the mine. He worked as driver in San José. Ávalos filmed videos, sent later to his relatives.

Ávalos was the first miner to be rescued, on Wednesday at 00:10 local time (03:10 UTC).

Jorge Galleguillos, 56 years old, has worked all his life in the mine. He said in one video he was feeling unwell; he takes medication for hypertension.

Carlos Barrios is a 27 years old miner. His father, Antenor Barrios, told Agence France-Presse: “I find he’s very strong and has enthusiasm. He spoke loud and clear. I was excited.”

Franklin Lobos Ramírez is a 53 years old retired footballer. He played for Cobresal, Deportes Antofagasta, Club de Deportes Santiago Wanderers and Unión La Calera, and briefly for the Chile national football team. Lobos had worked as a truck driver in the mine.

Yonni Barrios, called “The Doctor”, is a 50 years old electrician. He has knowledge of first aid, and was given responsibility for monitoring the health of his colleagues. “I felt I was in hell,” Barrios said in a letter to his wife.

Carlos Bugueño, 27 years old, joined the mine with Pedro Cortez. Previously, he worked as a watchman.

Alex Vega Salazar is a 31 years old heavy machinery mechanic. He is married to Jessica Salgado, and celebrated his birthday in the mine on September 22.

Ariel Ticona is a 29 years old miner. His wife, Margarita gave birth to his daughter on September 14. She was named Esperanza (Hope), at Ticona’s request.

Richard Villarroel is a 27 years old mechanic from Coyhaique.

Edison Peña is a 34 years old miner. “I want to go out soon,” he said on his first contact with his relatives. “I want to be free, I want to see the sun,” he added. He is a fan of Elvis Presley.

Claudio Yáñez is 34 years old, and works as drill operator.

José Ojeda, 46 years old, is the master driller. Ojeda is widowed and diabetic.

Luis Urzúa is a 54 year old topographer. He is the shift-leader, and was the first miner to talk with authorities. He is known as Don Lucho among the miners. He draw plans of the area of the mine where they are trapped.

Urzúa will be the last miner to leave the mine.

José Henríquez is a 54 years old drill master. He is also an evangelical preacher, and has worked in mines for 33 years.

Víctor Segovia is a 48 years old electrician. He is in charge of writing down everything that happens in the mine.

Pablo Rojas is a 45 years old explosives loader. Married, he had been working less than six months in the mine.

Juan Illanes is a 51 year old miner. He was a sergeant in the Beagle border conflict between Chile and Argentina in 1978, the incident which almost provoked a war between the countries.

Illanes was rescued on Wednesday, at 02:07 local time (05:07 UTC).

Jimmy Sánchez, 19, is the youngest miner. He had been working in the mine for five months before the accident. His role is to check the temperature and humidity in the mine.

Samuel Ávalos is a 43 years miner. His wife Ruth said “he was addicted to the cocaine.” His role in the rescue is to check air quality in the area the miners are living. According to the BBC, “Ávalos has worked in the mine for five months.”

Mario Gómez, aged 63, is the oldest of the miners. He has worked 51 years as miner. His father was also a miner, and is nicknamed “El Navegao” (“The Sailed One”). He was thinking of retiring in November.

Gómez also wrote the message “Estamos bien en el refugio los 33” (“We are fine in the shelter the 33 [of us]”).

Segovia is 48 years old. He is married to Jessica Chille, who said “To hear his voice was a confort to my heart,” after talking with him for the first time in 24 days. His sister María, was nicknamed “La Alcaldesa” (“The Mayoress”) for her leading role at Campamento Esperanza. His father, Darío Senior, was trapped in a mine for a week, and suffered serious injuries after two other mining accidents, according to the BBC.

Carlos Mamani is a 23 years old heavy equipment operator. He is also the only non-Chilean miner; Mamani is Bolivian. He began working in the mine just five days before the accident.

He was rescued at 03:11 local time (06:11 UTC) on Wednesday.

Renán Ávalos is a 29 years old miner, single, who had been working for five months in the mine before the accident. Florencio Ávalos is his brother.

Omar Reygadas is a 56 year old electrician. He began working in the mine shortly before the accident.

Esteban Rojas is a 44 years old miner. Rojas is married to Jessica Yáñez.