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G7 says “all available tools” will be used to solve crisis

G7 says “all available tools” will be used to solve crisis

Saturday, October 11, 2008

In the midst of the intensifying global financial crisis, finance ministers and central bankers of the G7 nations – Canada, France, Germany, Italy, Japan, the United States, and the United Kingdom – met in Washington, D.C. and released a joint statement.

With failures of large financial institutions in the United States, the crisis rapidly evolved into a global crisis resulting in bank failures in Europe and the Americas, and sharp reductions in the value of stocks and commodities worldwide. The crisis further lead to a liquidity problem and the de-leveraging of world assets, which further accelerated the problem. The crisis has roots in the subprime mortgage crisis and is an acute phase of the financial crisis of 2007–2008.

After the meeting, a joint statement was released with a commitment to “stabilize financial markets and restore the flow of credit.” The statement outlined five steps to achieve these goals:

  1. Take decisive action and use all available tools to support systemically important financial institutions and prevent their failure.
  2. Take all necessary steps to unfreeze credit and money markets and ensure that banks and other financial institutions have broad access to liquidity and funding.
  3. Ensure that our banks and other major financial intermediaries, as needed, can raise capital from public as well as private sources, in sufficient amounts to re-establish confidence and permit them to continue lending to households and businesses.
  4. Ensure that our respective national deposit insurance and guarantee programs are robust and consistent so that our retail depositors will continue to have confidence in the safety of their deposits.
  5. Take action, where appropriate, to restart the secondary markets for mortgages and other securitized assets. Accurate valuation and transparent disclosure of assets and consistent implementation of high quality accounting standards are necessary.
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“Central banks from around the world have acted together to provide additional liquidity for financial institutions, taking the necessary steps to support the global economy,” said US Secretary of the Treasury Henry Paulson in a statement after the meeting.

“We have taken a lot of actions,” said European Central Bank President Jean-Claude Trichet. “My experience of markets is that it always takes a little time to capture the elements [of the decisions taken].”

The Governor of the Bank of England Mervyn King said: “Central banks will work together as we demonstrated this week, to ensure sufficient short term liquidity is provided to stabilise banking systems. But it is also vital that governments work together to ensure their banking systems are recapitalised to enable them to lend to finance spending in the real economy.”

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Remedies Of Dry Skin}

Remedies of Dry Skin


dilbertgeekIf you ask me, we are witnessing a huge movement in the skincare world. How so? More and more people are realizing the fact that harmful synthetic chemicals and byproducts from other industries are being used as ingredients in the very skincare products we apply to your skin. It’s a hard truth to swallow (especially since these products are available to us at such low prices), but it’s something that more people are realizing is truthful each and every day.

There are 2 definitions for natural skin care: traditional products that contain ingredients derived from natural substances and homemade products. No matter what you believe, you can actually make or buy a variety of different skin care products for different skin problems.

This time around we’ll take a look at homemade products that are made to help treat dry skin problems. Dry skin is, quite possibly, the one type of skin that can benefit the most from these types of products.

Another thing that you need to consider is how much you go out in the sun. The sun can easily dry out your skin. Of course, you can’t always avoid going out in that. In fact, sometimes it can be great to escape to a sunshine-filled beach vacation. So, the trick is not to avoid the sun but, rather, to wear the right sunblock and use some common sense when you’re out and about in it, especially on cloud-covered days.

When I had Eczema I used to drink a lot of water and guess what! I really noticed a huge difference in my skin. My skin become less and less dry. I really recommend this treatment. Therefore If you have Eczema or know someone who has or just wants to keep his skin moisturized then I strongly recommend drinking plenty of water daily.

Ensure that you eat healthy foods; it is important to avoid starch and fatty foods because they are not good for your body. Strive to consume more of fruits, vegetables, fish and whole grains; these foods will give your body the vital nutrients that help to keep you in good health, nourish your body and balance your skin moisture and oil.

Thankfully, some small skin care companies (many are located in Europe and overseas) are concerned with creating superior products without using chemicals or synthetic additives. Usually, these specialty products are not found in stores, but you can get them online.

Are there other things you can do to help reduce or prevent dry skin around eyes? Stress can cause this to happen, so if you can find safe and effective ways to reduce stress, then that will help as well as getting plenty of rest.

The development of dry skin beneath eyes is most likely due to the many processes of the body that begin to slow down as we get older. What you need in order to treat this problem is formulas that contain all natural plant derived oils and waxes. These natural components are capable of moisturizing your skin more effectively than other compounds due to the fact that their properties so closely resemble those of our own sebum.

Ringworm is actually a parasitic infection. The parasites populating the surface of your dermis eat your skin’s natural keratin component. This will then lead to the appearance of superficial redness that is circular in appearance. The fact that it feeds on keratin is alarming as it can contribute to the progress of skin aging. Keratin is a vital skin component that is necessary in the renewal of collagen and elastin. When supply of this is low, it can lead to premature development of wrinkles on the dermis.

This is actually a more complicated question that it might seem, but in simple terms, there are many factors that influence dry skin. Pollution, extreme temperatures, a dry atmosphere, harsh soaps and lack of moisturiser are the main causes of dry skin in most people, so to alleviate the disorder it is necessary to confront these leading causes and do what you can to fix them.

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Reality TV star sought after model found dead in California dumpster

Reality TV star sought after model found dead in California dumpster

Wednesday, August 19, 2009

A millionaire reality TV star is being sought by police over the murder of a model whose body was found in a Californian dumpster. 28-year-old Jasmine Fiore was found dead in an unzipped suitcase in Buena Park, Orange County.

Police are seeking real estate tycoon Ryan Jenkins, 32, a contestant on the reality show Megan Wants a Millionaire, in which former Rock of Love hopeful Megan Hauserman dates several rich men with the aim of ultimately becoming the girlfriend of one of them. Jenkins reportedly met Fiore at a Las Vegas strip club and married her two days later.

Jenkins reported the swimsuit model missing hours after the discovery of her body. Since then he has not returned calls from investigators and is considered a person of interest. Police suspect he may be on the run and are trying to trace him as well as a black and white Mercedes car he may be driving.

It is thought that Jenkins may have returned to his homeland of Canada. Fiore, who had worked for Playboy, had been strangled according to police. Her body was found by someone searching for goods to recycle. She was last seen alive at 8:30 p.m. on Friday and had not contacted her family since then.

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Canada’s Beaches—East York (Ward 32) city council candidates speak

Canada’s Beaches—East York (Ward 32) 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 Beaches—East York (Ward 32). Four candidates responded to Wikinews’ requests for an interview. This ward’s candidates include Donna Braniff, Alan Burke, Sandra Bussin (incumbent), William Gallos, John Greer, John Lewis, Erica Maier, Luca Mele, and Matt Williams.

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

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categories Uncategorized | August 2, 2022 | comments Comments (0)

Things To Consider When Getting Health Insurance In Austin Tx

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Staying in good health is a lot easier said than done. For most people, visiting the doctor on a regular basis is important to their overall level of well-being. Visiting the doctor can be a very expensive proposition for people who do not have health insurance. Finding the right Health Insurance in Austin TX is not easy due to the variety of options out there. The best way to get these options narrowed down is by taking the time to find the right professionals to help. A great insurance agency will be able to help a person find the right policies to suit their needs. Here are some of the things that a person will need to consider when trying to find the right insurance policy.

What are the Limitations?

Before going out to find an insurance policy, a person will need to think about the things they need the most. Having a list of needs is a great way for a person to narrow the options they have right away. The insurance agent will be able to find policies that match the needs of the customer. Getting a policy with that pays for wellness checks is a great way for a person to stay healthier over time.

Getting a Grasp on the Total Cost

When trying to find the right health insurance, a person will also have to think about how much it is going to cost them. The monthly cost of the policy is just a tip of the iceberg. A person will also need to think about what their major medical deductible cost is. An insurance agent will be able to breakdown the costs of a policy so that the buyer can make the right decision. Neglecting to find out this type of detailed information will put a person at a disadvantage when it comes time to choose the right policy.

By selecting the right Health Insurance in Austin TX professionals, a person will be able to get the help they need to make the right policy in place. State Farm has been in the insurance business for a number of years. Be sure to Click Here for more information on what they have to offer.

categories Farming | August 1, 2022 | comments Comments (0)

Wikinews interviews candidate for New York City mayor Vitaly Filipchenko

Wikinews interviews candidate for New York City mayor Vitaly Filipchenko

Wednesday, June 16, 2021

In early May, Wikinews extended an invitation to Vitaly Filipchenko, an independent candidate in the 2021 New York City mayoral election, set to take place November 2nd, alongside other candidates. Filipchenko answered some questions about his policies and campaign during a phone interview.

Filipchenko, registered on the New York City Campaign Finance Board as Vitaly A. Filipchenko, is the first Russian candidate for New York City mayor, being born in Tomsk, Siberia in 1973, according to news agency Sputnik. He has since naturalised as a United States citizen. According to the web site, Filipchenko has been educated in road construction and maintenance and owns a moving services company; he describes himself on his web site as a “small business owner”. On his web site’s platform page, he says that “[m]y English may not be perfect – but my platform is.”

Incumbent Democrat mayor Bill de Blasio, who won re-election in the 2017 New York City mayoral election by 66.5%, cannot run for a third term under term limits. As of April 28, 22 candidates are currently running, the majority of whom are also Democrats. Ahead of the June Democratic primary for New York City mayor, a poll conducted May 23 and 24 by WPIX and Emerson College of 12 Democratic candidates with a margin of error of 3.2 per cent has former commissioner for the New York City Department of Sanitation Kathryn Garcia and Borough President of Brooklyn Eric Adams leading with 21.1% and 20.1%, respectively.

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categories Uncategorized | July 31, 2022 | comments Comments (0)

New Ghanaian currency introduced

New Ghanaian currency introduced

Tuesday, July 3, 2007

New currency notes are being introduced in Ghana today. The new currency, to be called the Ghanaian cedi, replaces the previous cedi which has been in circulation since 17 February, 1967.

The Ghanaian cedi will be exchanged at 10,000 old cedis to one new Ghanaian cedi. The exchange rate against the U.S. dollar starts at GH¢0.92 to one U.S. dollar. The new ISO code for the currency is GHS, and the new symbol, GH¢.

The change, which was originally scheduled by the Bank of Ghana to start on July 1, 2007, will instead start on Tuesday July 3, as the original date is Ghana’s Republic Day.

Monday, July 2, was declared a public holiday as the actual Republic Day fell on a Sunday. July 3, is thus the first day that the currency will be available to the public as banks open to the general public. This is because ATMs were shut down over the weekend so that the currencies could be checked and replaced in all of them nationwide. The old and new currencies will be used concurrently until the end of December 2007, when the old currency will cease to be legal tender.

This is the third Ghanaian cedi to be introduced in the country since 1965.

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City of Buffalo, N.Y. fighting lawsuit against hotel proposal

City of Buffalo, N.Y. fighting lawsuit against hotel proposal
Buffalo, N.Y. Hotel Proposal Controversy
Recent Developments
  • “Old deeds threaten Buffalo, NY hotel development” — Wikinews, November 21, 2006
  • “Proposal for Buffalo, N.Y. hotel reportedly dead: parcels for sale “by owner”” — Wikinews, November 16, 2006
  • “Contract to buy properties on site of Buffalo, N.Y. hotel proposal extended” — Wikinews, October 2, 2006
  • “Court date “as needed” for lawsuit against Buffalo, N.Y. hotel proposal” — Wikinews, August 14, 2006
  • “Preliminary hearing for lawsuit against Buffalo, N.Y. hotel proposal rescheduled” — Wikinews, July 26, 2006
  • “Elmwood Village Hotel proposal in Buffalo, N.Y. withdrawn” — Wikinews, July 13, 2006
  • “Preliminary hearing against Buffalo, N.Y. hotel proposal delayed” — Wikinews, June 2, 2006
Original Story
  • “Hotel development proposal could displace Buffalo, NY business owners” — Wikinews, February 17, 2006

Saturday, April 29, 2006

Buffalo, New York —Councilmember Joesph Golombek has responded to the lawsuit filed against the city of Buffalo for allegedly ‘fast-tracking’ a hotel that will be built on the corner of Elmwood and Forest Avenues in Buffalo. The lawsuit, filed by Attorney Arthur J. Giacalone, was filed in New York State Supreme Court on April 21, 2006.

The Elmwood Village Hotel is a 72-room, seven-million-dollar hotel proposed by Savarino Construction Services Corporation and designed by architect Karl Frizlen of the Frizlen Group. Its construction would require the demolition of at least five buildings, currently at 1109-1121 Elmwood, which house several shops and residents. Although the properties are “under contract,” it is still not known whether Savarino Construction actually owns the buildings. It is believed that Hans Mobius, a resident of Clarence, New York and former Buffalo mayoral candidate, is still the owner. The hotel is expected to be a franchise of the Wyndham Hotels group. Buffalo’s Common Council, Planning Board, Mayor of Buffalo, Byron W. Brown, Savarino Construction Services Corporation, Hans J. Mobius and his son Hans S. Mobius owners of the properties at stake, Pano Georgiadis, owner of Pano’s Restaurant on Elmwood, and Cendant Corporation, the parent company of Wyndham Hotels are among those named in the suit.

Councilmember Joesph Golombek said that the Law Department is “fighting the lawsuit because they believe that we did everything fairly and properly (as well as legally).”

Golombek also stated that the lawsuit “could delay the start of the project” and that if he were “Mr. Savarino I would counter sue for any damages a postponement could bring.”

“Except for the lawsuit the city is finished with the project. In my opinion I believe those opposed to the project are simply use to the city procrastinating on projects. This one was passed quickly by comparison. Thus part of their frustration.” said Golombek.

“I understand the frustration of some of the people opposed to the project. But, in order for Elmwood to grow and thrive it will need to change. This change is a positive for that community,” he added.

Golombek also said that he is looking into “helping the displaced businesses.”

At least five businesses, Six Nations Gift Shop, Don Apparel, H.O.D. Tattoo, Skunk Tail Glass Company, and Mondo Video, will be forced to close their doors or relocate. Many of the buildings are also home to residents who will also have to move.

“I have personally contacted adjacent and nearby business associations and property owners to ask about the possibility of helping the displaced businesses. Hopefully the project will go through in a timely fashion and the displaced businesses will be able to relocate,” said Golombek.

A preliminary hearing is scheduled to take place at 9:30 a.m. on June 8, 2006 in the Supreme Court building at 50 Delaware Avenue in Buffalo, on the 8th floor, part 31.

==Related Wikinews==

This article features first-hand journalism by Wikinews members. See the collaboration page for more details.
This article features first-hand journalism by Wikinews members. See the collaboration page for more details.
  • “Others named in lawsuit against Buffalo, N.Y. hotel proposal” — Wikinews, April 26, 2006
  • “Lawsuit sends Buffalo, N.Y. hotel proposal to New York Supreme Court” — Wikinews, April 25, 2006
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categories Uncategorized | July 29, 2022 | comments Comments (0)

The First Step To Becoming Mortgage Free

Submitted by: Bruce Leach

Unless you are a member of Canada s privileged few, one of the initial steps on the road to becoming a

mortgage free

homeowner is obtaining a mortgage in the first place. And for those finding it increasingly harder to justify the recent returns on their investments, or their monthly rent cheque, now just may be the time to do so.

In the Greater Toronto Area, listings were up by 26% for the first half of September. However, sales for the same area were down by 16% compared to last year at this time. The Toronto Real Estate Board (TREB) further reports that not only were there more houses on the market, but that potential buyers had more time to shop; up to 37 days from just 31 days a year ago. Could this mean the beginning of the end for above list offers and bidding wars? It seems very likely.

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The Canadian Mortgage and Housing Corporation (CMHC) reports that the current gap between listings and sales is expected to continue to widen through the end of 2009. This means that potential home buyers will have significantly more choice in the marketplace and that sellers will have to learn to be patient.

In addition, the increased number of sellers vying for the buyer s nod of approval is also expected to keep prices in check. In fact, TREB reports that September s price for an average home in the GTA was $366,158, up just $1,794 from 2007. This moderate price growth is expected through 2009 when CMHC predicts housing prices will align closely with inflation, putting the price of an average home in the GTA at $404,000. The prediction of pricing stability is good news for those seeking mortgage pre-approval.

For those opting for a smaller mortgage or less expensive housing, the apartment condominium market will be worth watching. As building projects wrap up, the CMHC foresees that some investors may begin to sell off their units. It is argued that in the GTA investors represent anywhere from 21% to 33% of the apartment condo market. A release of this number of properties onto the market is expected to affect the value of condominiums. Though significant reductions are not foreseen, market price adjustments are expected to veer well away from the 10+% increases buyers experienced in 2007.

For those who have determined that they are ready to take advantage of the current relaxed market conditions, it is comforting to know that the more flexible mortgage products developed over the last couple of years have helped to personalize mortgage payment options. Be sure to shop around. A certified mortgage broker has access to products and rates from different lenders. That can be a good place to start.

For those less confident that housing is the right investment option for them, TREB President, Maureen O Neill reports that the state of the current market shows that, consumers still regard real estate as a sound investment . This is very good news for those already committed to Canadian home ownership.

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categories Mortgage Broker | July 28, 2022 | comments Comments (0)

Wikinews interviews Spanish shooter Paulo Fontán

Wikinews interviews Spanish shooter Paulo Fontán

Wednesday, November 6, 2013

This week, Wikinews interviewed Spanish Paralympic sport shooter Paulo Fontán Torreiro. Late last month, Galician Fontán competed at the Alicante hosted 2013 IPC European Shooting Championship, where he finished twenty-third in the R4 10-meter air rifle standing event, and fortieth in the R5 10-meter air rifle prone event.

((Wikinews)) : So you competed at the IPC European Shooting Championships last month? How did you do? Are you happy with the result? ((es))Spanish language: ?¿Compitió en el pasado Campeonato de Europa de Tiro? ¿Qué tal le fue? ¿Satisfecho por el resultado?

Paulo Fontán Torreiro: Yes, I competed in the European Championship in Alicante. It was my first important event and I felt very nervous, I wanted to perform well. Despite improving my previous scores and achieving the minimum qualifying score for next year’s World Championship, I think I could have done better. ((es))Spanish language: ?Si he competido en el cto de Europa de Alicante. Era mi primer campeonato de tanta importancia y me noté bastante nervioso, con ganas de hacerlo bien. Aunque he mejorado mis marcas anteriores y he conseguido las marcas mínimas para tener la posibilidad de participar en el campeonato del mundo del año que viene, si es cierto que considero que lo debí haber hecho algo mejor.

((WN)) : What do you think you need to improve to possibly compete at the 2016 Rio Paralympics and get a medal? ((es))Spanish language: ?¿Qué cree que necesita mejorar para poder competir en los Juegos Paralímpicos de Rio en 2016 y ganar una medalla?

Paulo Fontán: Basically I would need to be able to train more constantly, obtain financial resources to participate in international events, and have a bit of luck on the day of the competition. ((es))Spanish language: ?Fundamentalmente necesitaría poder entrenar con más constancia, conseguir recursos económicos para poder participar en competiciones internacionales y despues tener algo de suerte el día de la competición.

((WN)) : What are the biggest challenges you face on the road to the Rio Games? Money? Good competition? The support network to travel and compete at the highest level? Disability access at training venues? ((es))Spanish language: ?¿Cuáles son los mayores desafíos a los que se enfrenta en el camino a los Juegos de Rio? ¿Presupuesto? ¿Buenos rivales para aumentar su nivel? ¿Una red de apoyo para viajar y competir al máximo nivel? ¿Acceso para discapacitados en lugares de entrenamiento?

Paulo Fontán: All that are included in the questions. In order to train effectively, you need adequate facilities, and that’s not the norm here. And to increase my level, I would need to compete against good rivals, basically at international events. For that, I require money and support, something that’s not too available. ((es))Spanish language: ?Pues todos los que aparecen en las preguntas. Para entrenar con garantías hace falta contar con instalaciones adecuadas, y no es lo habitual. Y para mejorar mi nivel necesitaría competir con buenos rivales (basicamente en competiciones internacionales) y para ello hace falta dinero y apoyos, algo que escasea.

((WN)) : Why did you chose to compete in shooting? Why not compete in another sport? ((es))Spanish language: ?¿Por qué eligió competir en tiro? ¿Por qué no otro deporte?

Paulo Fontán: I first tried other sports but finally focused on shooting because it fits my capabilities better, I’m not bad at it, and there is a very agreeable atmosphere at the competitions. ((es))Spanish language: ?Probé primero otros deportes pero finalmente me he centrado en el tiro porque se ajusta mejor a mis capacidades, no se me da mal y he respirado un ambiente muy agradable en las competiciones.

((WN)) : Who are your role models in shooting? Are there any shooters you particularly admire? ((es))Spanish language: ?¿Quién es su modelo a seguir en tiro? ¿Existen tiradores/as a los que particularmente admire?

Paulo Fontán: I must thank the support Juan Saavedra has given me since I started, and which he keeps giving me when I need it. I would like to mention Marciano Vázquez, the Spanish national team coach, too for his advice and trust in me when he called me up for the European Championship: I hope to return his trust with some future triumph. ((es))Spanish language: ?Tengo que agradecer el apoyo que siempre me ha brindado Juan Saavedra desde que empecé, y que me sigue brindando cuando lo necesito. Citar también a Marciano Vázquez, seleccionador nacional de Tiro Olímpico, por sus consejos y por su confianza en mi persona a la hora de convocarme para el cto de Europa; espero poder devolverle la confianza con algún éxito futuro.

((WN)) : What is the sport shooting culture like in Spain? Are people generally supportive when you tell them what sport you compete in? ((es))Spanish language: ?¿Cómo es recibido este deporte culturalmente en España? ¿La gente le apoya cuando dice que es tirador?

Paulo Fontán: I don’t think it’s very well known, and there could be some rejection because of the “pegar tiros” part, but that’s out of ignorance since it is mainly a mental sport, a sport requiring focus. ((es))Spanish language: ?Creo que no es muy conocido y quizá pueda haber cierto rechazo por eso de “pegar tiros” pero es fruto del desconocimiento ya que fundamentaolmente es un deporte mental, de concentración.

((WN)) : Do you think the classification system in shooting is fair? Do you think it should be changed? ((es))Spanish language: ?¿Piensa que el sistema de clasificación en tiro es justo? ¿Piensa que se debería cambiar?

Paulo Fontán: I’ve only been doing this for three years and haven’t had time to analyze it deeply so as to have an opinion about it. ((es))Spanish language: ?Llevo sólo tres años y no he tenido tiempo de analizarlo en profundidad como para tener una opinión al respecto.

((WN)) : Would you recommend the sport to other people with disabilities? What are reasons they should or should not take up the sport? ((es))Spanish language: ?¿Recomendaría este deporte a otras personas con discapacidad? ¿Cuáles son las razones por las que deberían -o no deberían- practicar este deporte?

Paulo Fontán: Yes, I would recommend it, and I would because it is a sport which can be practiced by a wide array of different disabilities, and for a long time. The biggest problem is the high initial investment, the lack of adequate facilities or the cost of travelling to competitions since there are not many places that allow people with disabilities to participate. ((es))Spanish language: ?Si lo recomendaría, y lo recomiendo porque es un deporte que se pude practicas por una gran diversidad de discapacidades diferentes, y durante mucho tiempo. El mayor problema es la elevada inversión inical, la ausencia de infraestructuras adecuadas o el coste de los desplazamientos a las competiciones (ya que no hay muchas en las que permitan participar a personas con discapacidad).
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