Wednesday, March 23, 2005

A bill passed by India’s Parliament put an end to the manufacture of many cheap generic drugs copied from products protected by foreign company patents. A Patents Amendment Bill (2005) has been condemned by foreign aid groups who expect a significant rise in drug costs as a result of the bill.

Drug compounds in India were previously not protected by patents, meaning that research and developement costs borne by the originating manufacturers were avoided by generic drug producers. The new bill “will move India toward the patent mainstream and support and encourage innovation and investment in research and development in India,” said Ranjit Sahani, managing director of Novartis India.

As the world’s fourth-largest manufacturer of drugs by volume, the pharmaceutical industry in India is valued at US$5 billion – but ranks as only 13th by value, reflecting the low costs to consumers of the products. “Because India is one of the world’s biggest producers of generic drugs, this law will have a severe knock-on effect on many developing countries which depend on imported generic drugs from India,” said Samar Verma, regional policy adviser at Oxfam International.

Around half of African, Asian and Latin American HIV patients needing anti-retroviral drugs rely on low-cost drugs from India, which are sold at one twentieth the price of similar drugs produced in the West.

More than 90 per cent of drugs listed as essentials in India are either unpatented or expired. Drugs patented before 1995 — when the World Trade Organization [WTO] set a 10 year deadline to enact protection — will not be eligible under the bill.

Some degree of protection was mandated by WTO in order for India to have greater access to international markets. Opposers of the bill say it goes too far.

The Agreement on Trade-Related Aspects of Intellectual Property Rights [TRIPS], under WTO, allows developing countries to not provide patent protection for uses of known drugs, new dosages and formulations, or combinations of known drugs.

Wednesday, April 3, 2013

Last Tuesday early morning, a sea lion walked from the beach into Pantai Inn in La Jolla, California. The animal was rescued by local animal rescue authorities. Wikinews took an interview from Shane Pappas, a General Manager of the inn.

((Wikinews)) At what time of day did the sea lion enter the Inn?

Shane Pappas: Surveillance footage shows that our sea lion friend made her way onto our property at approximately 5:45am on Tuesday morning. She waddled through our courtyard and climbed up onto one of our lounge chairs.

((WN)) How long did he stay in the Inn before he was moved out of the building?

Shane Pappas: The sea lion was not seen by our staff until about 6:30am. At that point my front desk agent Veronica made frantic calls to the authorities to find someone to come rescue the sea lion. By the time we got a hold of Sea World they were able to come and rescue her at around 9:45am. All told the sea lion was here for about four hours.

((WN)) What do you think attracted the animal? Was it the radio sound? Was it heard as far as the beach?

Shane Pappas: We’re not sure what attracted the sea lion. We like to think that it was the beauty and relaxation of our courtyard. In regards to the radio sound I’m not sure what you are referring to.

((WN)) Who and how transported the animal out of the building?

Shane Pappas: A gentleman named Bill who is a rescue worker with Sea World came out to rescue the pup. He asked if I would assist in the rescue which I was more than happy to do. It’s not every day that you get to rescue a sea lion.

((WN)) Where was the animal transported to?

Shane Pappas: The sea lion was loaded into a crate on a truck and transported back to Sea World. She will be kept there for six weeks so that she can be nursed back to health and returned to the wild.

Monday, June 29, 2009

Kristina Higgins, who won the title of Miss Georgia 2009 Saturday evening at the RiverCenter for the Performing Arts in downtown Columbus, gave up the crown almost as quickly as she received it. On Sunday morning, Emily Cook, the first runner-up, received word that she would be the new Miss Georgia 2009, and would compete for the title of Miss America next January in Las Vegas, Nevada.

Higgins, 24, having previously won the title of Miss Capital City, beat out 34 other pageant hopefuls to take the crown, only to relinquish it privately the next morning. In a rather confusing twist, Higgins had competed twice before in the Miss Georgia pageant, placing second just last year.

In a prepared statement via the Miss Georgia Scholarship Pageant, Higgins said, “Due to my current job responsibilities as a middle school teacher and the responsibilities and time commitment as Miss Georgia, I have decided to not fulfill the duties of Miss Georgia 2009. I am grateful for the opportunity to have been chosen as Miss Georgia and fully support the system and wish Emily Cook the best of luck.” Higgins is a 2008 graduate from Georgia College & State University in Milledgeville, receiving her degree in special education.

Cook, 22, won the title of Miss Cobb County before eventually placing second in Saturday’s competition, and now takes over duties for Higgins effective immediately. A 2005 graduate of Kennesaw Mountain High School, Cook graduated this May with a degree in music from the University of Miami, and will be pursuing a law degree this year at the University of Georgia in Athens.

Cook was scheduled to make her first televised appearance as Miss Georgia 2009 on Sunday evening, during WTVM‘s six o’clock news.

Thursday, November 2, 2006

Winter Haven, Florida police chief Paul Goward was tired of seeing fat hanging out over the belts of some of his officers. So he posted a memo to encourage the so-called ‘jelly bellies’ to get in shape.

The memo, entitled ‘Are You A Jelly Belly?’ didn’t single anyone out, and, apart from the title, didn’t call anyone names.

Goward, a former deputy police chief in Wichita, wrote “If you are unfit, do yourself and everyone else a favor. See a professional about a proper diet and a fitness training program, quit smoking, limit alcohol intake…Don’t mean to offend, this is just straight talk. I owe it to you.”

It provided a list of 10 reasons cops should get fit. Goward said that overweight cops poorly represent the profession, are liable to ‘poop out’ when chasing suspects, and may have to use a higher degree of force.

In the end, Goward resigned from his position as police chief.

Thursday, October 18, 2007

It can be difficult to be John Reed.

Christopher Hitchens called him a “Bin Ladenist” and Cathy Young editorialized in The Boston Globe that he “blames the victims of terrorism” when he puts out a novel like Snowball’s Chance, a biting send-up of George Orwell‘s Animal Farm which he was inspired to write after the terrorist attacks on September 11. “The clear references to 9/11 in the apocalyptic ending can only bring Orwell’s name into disrepute in the U.S.,” wrote William Hamilton, the British literary executor of the Orwell estate. That process had already begun: it was revealed Orwell gave the British Foreign Office a list of people he suspected of being “crypto-Communists and fellow travelers,” labeling some of them as Jews and homosexuals. “I really wanted to explode that book,” Reed told The New York Times. “I wanted to completely undermine it.”

Is this man who wants to blow up the classic literary canon taught to children in schools a menace, or a messiah? David Shankbone went to interview him for Wikinews and found that, as often is the case, the answer lies somewhere in the middle.

Reed is electrified by the changes that surround him that channel through a lens of inspiration wrought by his children. “The kids have made me a better writer,” Reed said. In his new untitled work, which he calls a “new play by William Shakespeare,” he takes lines from The Bard‘s classics to form an original tragedy. He began it in 2003, but only with the birth of his children could he finish it. “I didn’t understand the characters who had children. I didn’t really understand them. And once I had had kids, I could approach them differently.”

Taking the old to make it new is a theme in his work and in his world view. Reed foresees new narrative forms being born, Biblical epics that will be played out across print and electronic mediums. He is pulled forward by revolutions of the past, a search for a spiritual sensibility, and a desire to locate himself in the process.

Below is David Shankbone’s conversation with novelist John Reed.

Thursday, September 21, 2017

On Monday night, New Jersey, US-based toy retail giant Toys R Us filed for bankruptcy in the US as well as in Canada. The retailer filed it from Richmond, Virginia for Chapter 11 bankruptcy code in the US, and a judge allowed a loan of over US$2 billion.

According to the filing, the retail chain owns US$6.6 billion in assets, but has a debt of US$7.9 billion. They were under a roughly US$5 billion debt since the company underwent a three-way acquisition in 2005. Kohlberg Kravis Roberts, Bain Capital, and Vornado Realty Trust acquired Toys R Us for around US$7 to US$7.5 billion. After the US judge approved a loan, Toys R Us received about US$3 billion from the lenders to continue the business and survive a competitive market, and restructure their business model. E-commerce giant Amazon.com, Walmart and Target are some of the competitors for the conventional ‘brick and mortar’ toy shop, with lower priced-merchandise and fast, cheap delivery. In a conference call in June, CEO Dave Brandon said “very, very aggressive pricing online” was causing problems. He also said the company was experiencing “significant weakness in demand for their products globally”. Toys R Us are to clear a debt of US$400 million by May 2018.

Toys R Us said they would continue to operate for the holiday season. Bankruptcy lawyer Jeff Gleit said Toys R Us “need to do both a financial restructuring as well as an operational restructuring” and “needs to modernize with the times”. Last holiday season, Toys R Us made sales around US$4.5 billion. Overall, the company reported a US$29 million loss in 2016. CEO Brandon said, “Our objective is to work with our debt holders and other creditors to restructure the US$5 billion of long-term debt on our balance sheet, which will provide us with greater financial flexibility to invest in our business”.

Toys R Us employs more than 60 thousand people in 38 countries around the world in more than 1600 stores. The company’s stocks fell by six percent after filing for Chapter 11 protection. US bankruptcy code Chapter 11 allows the company to restructure under a plan approved by the court. The company would also be shielded from creditors’ claims during the process. For the stores located in Canada, Toys R Us filed bankruptcy in Ontario and are to undergo reorganisation. However, 259 stores located outside the US or Canada will not undergo reorganisation, the company said.

Over 300 US-based retailers have filed for bankruptcy this year, and hundreds of stores closed.

Friday, July 11, 2008

Yesterday, Milan Lu?i?‘s family returned home and found their home ransacked by burglars. It was discovered that the young NHL star’s prized Memorial Cup ring and several valuable tournament watches were stolen from their home in Vancouver, Canada .

Lu?i?’s mother, Snežana, has said that the thieves gained entrance to the family’s home by smashing in the back door.

Lu?i?, 20, who lives with his parents, Dobrivoje and Snežana, is a player for the Boston Bruins and flew to Boston on Wednesday to help out at a rookies camp.

“We don’t know if it was random,” she said. “They went into his room upstairs and took his Memorial Cup ring and three of his Esquire watches.”

Other rooms in the home were ransacked and alcohol was stolen.

“He was very disappointed,” said Snežana, referring to Lu?i?’s reaction when she called her son in Boston shortly after the robbery.

Before Lu?i? flew to Boston. he told Snežana before flying to Boston he was thinking about his memorabilia and recalled how, last summer, former goalie for the Edmonton Oilers, Bill Ranford, was robbed of memorabilia from his New Westminster home.

“So in a way he wasn’t surprised,” Snežana said.

Lu?i? was raised in East Vancouver. He carried the Vancouver Giants to a Memorial Cup victory in 2007. He was awarded as the Most Valuable Player and led the Giants in scoring for the 2006-07 season.

Lu?i? accumulated 27 points and 89 penalty minutes in his play for with the Boston Bruins last season.

According to Snežana the NHL has been advised of the burglary and intends to monitor websites like Craigslist and eBay to see if someone attempts to sell the distinctive ring.

The Vancouver Police Department‘s investigation is ongoing.