" href="http://www.crgeng.com/nyse-to-merge-with-archipelago-nasdaq-to-buy-instinet/" rel="bookmark">
NYSE to merge with Archipelago; NASDAQ to buy Instinet

Sunday, April 24, 2005

New York Stock Exchange (NYSE) announced last Wednesday that it has agreed definitively to merge with Chicago-based Archipelago Exchange (ArcaEx) and form a new publicly traded, for-profit company known as NYSE Group. This announcement was followed two days later by NASDAQ®, which independently announced a definitive agreement to purchase Instinet Group.

Archipelago and Instinet are innovative e-trading (electronic trading) companies, and formerly were the two largest American rivals to NYSE and NASDAQ, in recent years taking increasingly large portions of their market share. The Securities and Exchange Commission (SEC) and other regulatory agencies still have to review and approve the transactions, particularly with respect to US securities law and antitrust law, in order to ensure that the marketplace remains lawful and competitive.

Other pending issues for NASDAQ include obtaining the approval of Instinet shareholders, as well as customary closing conditions. NYSE must obtain the approval of its members and Archipelago shareholders.

These changes, a reaction to increased e-trading competition and a changed regulatory environment, will result in NASDAQ and NYSE trading each other’s shares and attempting to grab market share, which many hope will drive down transaction costs and ultimately benefit consumers. However, at least one commentator, Dan Ackman writing in Forbes, has noted that the trading commission at the NYSE currently averages less than a nickel (US$0.05) per share, and was less enthusiastic about potential efficiency gains from electronic trading at the exchange.

The transactions are also intended to make the two leading American stock exchanges more globally competitive with such exchanges as the London Stock Exchange, the Frankfurt Stock Exchange, the Toronto Stock Exchange, and the Australian Stock Exchange located in Sydney.

" href="http://www.crgeng.com/an-interview-with-gossip-columnist-michael-musto-on-the-art-of-celebrity-journalism/" rel="bookmark">
An interview with gossip columnist Michael Musto on the art of celebrity journalism

Sunday, October 7, 2007

There are two things one can expect on a trip to see Michael Musto at the offices of the Village Voice: a 20-minute round-trip wait for the elevator and rapid fire answers from one of the most recognizable gossip columnists in the United States. Musto, in addition to his appearances on Countdown with Keith Olbermann and the E! network, has been writing his column for the Voice since 1984. He has recently compiled the best of them in a book released this year titled, La Dolce Musto: Writings by the World’s Most Outrageous Columnist. He was Carrie Bradshaw, replete with a prodigious use of puns, before Sex in the City was a thought. His column is a romp through his life, spats and opinions on socio-political issues. As David Thigpen of the Chicago Tribune wrote, Musto is “a funny and caustic satirist who masquerades as a gossip and nightlife columnist.”

Musto, a Columbia University graduate, is a rarity in today’s celebrity world: he is accessible. He often corresponds with his readers and his public functions are a mix of parties, nightclubs, academic lectures, university panels and film premieres.

He is friendly and frank, and he welcomes people to join him in his world (“I just got a message that Michael Lucas died!” he says staring wide-eyed at his phone; the message turned out to be false). Wikinews reporter David Shankbone spoke with Musto about his life and his relationship to the world of celebrity journalism. And he did not hold back.


Contents

  • 1 On writing a gossip column
  • 2 On celebrities
  • 3 On the gay community
  • 4 On outing gay celebrities
  • 5 On New York City
  • 6 Musto on Musto
  • 7 Sources
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British Prime Minister David Cameron makes unannounced visit to Libya

Friday, February 1, 2013

British Prime Minister David Cameron made an unannounced visit to the Libyan capital city of Tripoli yesterday after visiting Algeria earlier in the day.

David Cameron pledged that Britain would help in training Libya’s security forces. He said in a joint press conference held with Libyan Prime Minister Ali Zeidan that “the British people want to stand with you and help you deliver the greater security that Libya needs”. Cameron also reiterated his support for the French-backed intervention in Mali, denying suggestions put to him that foreign intervention in Islamic countries would lead to a backlash against Western nations by al-Qaeda.

The security was tight during his walkabout in the Martyrs’ Square, where police attempted to hold back the locals as a police helicopter flew overhead. His visit to Tripoli comes in the aftermath of recent threats to the British embassy and just a week after British citizens were urged to leave the second largest city of Benghazi due to a “specific and imminent” threat to Westerners.

Police officers investigating the 1988 Lockerbie bombing from the Dumfries and Galloway Constabulary have been granted access to new information to help them with their inquiries. In 2001, Abdelbaset al-Megrahi was convicted of murder and sentenced to life imprisonment but was released in 2009 on compassionate health grounds and died last year.

Road accidents, suicide, pregnancy and violence among top killers of world’s youth

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Road accidents, suicide, pregnancy and violence among top killers of world’s youth
Author:

1 Apr

Saturday, September 12, 2009

A World Health Organisation study published in The Lancet has revealed the main causes of death for people aged 10–24. It has described the majority of these deaths as preventable and suggested solutions to the problems.

97% of the 2.6 million fatalities annually occur in low- and middle-income countries. The age group comprises 1.8 billion people, 30% of the total population. 15% of female deaths were down to “maternal mortality” which included pregnancy complications, unsafe abortions, and mutilation of genitals. Road traffic accidents accounted for 10% of deaths.

6.3% of the deaths were suicides and 6% were down to violence. Tuberculosis and similar lung infections took 10% of the lives and HIV/AIDS killed 5.5%. Most of the deaths were in sub-Saharan Africa and Southeast Asia. Africa and Southeast Asia were also the only places where male deaths were not above those of females, as much of the maternal mortality occurred there. The data came from 2004.

In developed countries, 32% of the deaths were down to road accidents. “There has long been an assumption that young people are healthy, fit and they don’t die,” explained the report’s lead author, Australian children’s health expert George Patton. He goes on to say “I’ve certainly heard politicians and policy-makers make statements of that kind… Some of these problems, related to emotion, are actually very prominent causes not only of death in adolescence, but health problems later in life.”

The study said safer speed limits, more use of helmets and seatbelts, and better enforcement of drunk driving law could greatly curb the road deaths. Maternal deaths and sexually transmitted disease rates could be cut by sexual education, safe abortion clinics, pregnancy support, HIV testing and treatment, and access to contraceptives.

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Violence and suicide could be reduced by education in life skills and an improved role of parents, the study found. It also sought reduction of availability of poisons, firearms, and other dangerous items. In the case of suicide, the study said more work was needed to help young people recover from acts of violence, sexual assault, and child abuse in both the short and long term. Alcohol access reduction was also requested.

The study was conducted by University College London’s Russell Viner, World Health Organization’s Krishna Bose and George Patton of the Royal Children’s Hospital in Melbourne, Australia.

Athletes prepare for 2012 Summer Paralympics at the Paralympic Fitness Centre

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Athletes prepare for 2012 Summer Paralympics at the Paralympic Fitness Centre
Author:

30 Mar

Monday, August 27, 2012

London, England — As Paralympians ready for the Games which are set to open later this week, they have access to a world class fitness center inside the Paralympic Village which is designed to maximise their pre-Game preparations.

According to volunteers staffing the center, instead of being a single large room, as in Beijing, the building has numerous rooms. It, along with the adjacent Village Services Centre, is designed to be converted into a school after the games conclude. Rooms have been structured as a gym, an auditorium, and science laboratories.

Gym equipment is supplied by Technogym, an Italian firm that has supplied gym equipment for the Olympics since 2000. Equipment has been provided not just for for the Fitness Centre, but for gyms at all the Olympic venues. The newest equipment is oriented toward maximum flexibility, allowing athletes to exercise the particular muscles that they most require for their sport.

In addition to the equipment, the Fitness Centre also provides instructors trained in the use of the equipment, the likes of which athletes from many countries have never seen before. There are also a number of instructors available to provide motivational training.

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Jindal signs Intelligent Design law

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Jindal signs Intelligent Design law
Author:

29 Mar

Saturday, June 28, 2008

Louisiana Republican Governor Bobby Jindal signed a controversial bill hailed by intelligent design supporters, such as the Discovery Institute, and Louisiana Family Forum, a creationist group. Critics of the bill, including several major science organizations, say it allows for the teaching of “creationism” in public schools.

The law, Louisiana Science Education Act, allows teachers to use “supplemental materials” when discussing evolution, but it does not state what the materials would be.

Citing the 1987 Supreme Court ruling in Edwards v. Aguillard, “Louisiana has a long and unfortunate history of trying to substitute dogma for science in classrooms,” said Reverend Barry W. Lynn, an executive director for Americans United for Separation of Church and State. In addition, the American Association for the Advancement of Science, National Center for Science Education, and the Louisiana Coalition for Science opposed the bill arguing it would cause detriment to students’ education by letting in unapproved curriculum.

According to Reuters, Jindal’s office declined to comment on Friday.

Similar Academic Freedom bills have been promoted by the Discovery Institute in other states, but so far they have failed.

Thirteen people died in London bus bombing

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Thirteen people died in London bus bombing
Author:

29 Mar

Friday, July 8, 2005

The Commissioner of London’s Metropolitan Police, Sir Ian Blair, has announced that thirteen people died when a bomb exploded on a bus in Tavistock Square. Initially, only two people were thought to have been killed.

All bodies have now been removed from the wrecked bus. The rear of the bus and the roof of the upper deck was torn off in the blast. The bomb was either on the floor or resting on a seat at the rear of the upper deck when it detonated. It is thought that it contained less than 10 pounds (5kg) of explosives.

Former Irish footballer Liam Miller dies at 36

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Former Irish footballer Liam Miller dies at 36
Author:

29 Mar

Monday, February 12, 2018

On Friday, former Irish footballer Liam Miller died aged 36, his first professional club Celtic FC said. The Scottish club tweeted, “Everyone at Celtic FC is deeply saddened to hear of the passing of former midfielder Liam Miller. Our thoughts and prayers are with his family and friends at this time. RIP Liam, YNWA.” According to reports in November, Miller was suffering from pancreatic cancer.

The Irish international joined Celtic at the age of sixteen, making his professional debut in 2000. He spent four years at the Glasgow club, and won the Scottish Premiership title in 2004. He then moved to English club Manchester United on a free transfer in 2004 under Sir Alex Ferguson’s management; the same year he made his international debut for the Republic. Miller was briefly with Leeds United on loan, before moving to Sunderland AFC, Queens Park Rangers, and then Hibernian F.C. Liam Miller also played in Australia for Perth Glory, Brisbane Roar and Melbourne City FC, before playing for his hometown club Cork City FC, and moving to the US to play for Wilmington Hammerheads.

Internationally, he had featured in 21 matches from 2004 to 2009. He retired in 2016 after a spell at Wilmington Hammerheads. His former international teammate Kevin Kilbane said, “Sad hearing the awful news that Liam Miller has passed away this evening, taken far too soon by a terrible disease. Proud to have shared a dressing room with him over the years.”

US Department of Health proposes priorities for flu vaccine distribution

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US Department of Health proposes priorities for flu vaccine distribution
Author:

28 Mar

Thursday, December 20, 2007

Draft guidelines issued by the United States Department of Health and Human Services in November have established a series of tiers and categories for distribution of scarce vaccine in the event of pandemic flu. These guidelines give strong preference for emergency responders, military and national security personnel, and socially important occupations, such as top politicians, energy sector and communications personnel, bankers, and newborn infants. Distribution of vaccine to the elderly occupies a low priority, especially in the event of a severe pandemic with a case-fatality rate of 2% or more causing more than 1.8 million deaths. The scheme differs significantly from that proposed in Britain in 2005, which gave high priority to the elderly, noting that most of the deaths in recent years – ranging from 12,000 to 29,000 annually – were in elderly patients.

U.S. 2007 Britain 2005
Tier 1. Deployed/mission critical national security, health care providers, police, fire, vaccine manufacturers, top politicians Priority 1. Health care workers, nursing home staff
Tier 1*. Pregnant women, infants (*Sub-tier plan places at lower priority than other Tier 1) Priority 2. Fire, police, security, communications, utilities, undertakers, armed forces
Tier 2. Intelligence, border, national guard, other domestic national security, community support, electricity, natural gas, communications, water, critical government personnel, children, household contacts of infants Priority 3. High medical risk (e.g. diabetes, immunosuppressed)
Priority 4. All over 65 years of age
Tier 3. Other active duty military, important health care, transport, food, banking, pharmaceutical, chemical, oil sector personnel, postal and other government, children Priority 5. Selected industries, e.g. pharmaceuticals
Tier 4. High risk conditions, all over 65 years of age Priority 6. Children
Tier 5. General public Priority 7. General public

The plan is open to public comment under U.S. Federal Register guidelines until December 31.

Spain to vote on EU constitution

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Spain to vote on EU constitution
Author:

28 Mar

Sunday, February 20, 2005

Madrid – Spain today will be the first of the European Union nations over the next few years to vote on the treaty establishing a EU constitution. The referendum being held, one of 9 confirmed by member countries, is expected to draw 40 to 50% of Spain’s 35 million voters.

Polling stations have been opening since 0800 UTC, with a small stream of people casting their ballot. The question on the ballot paper is:

“¿Aprueba usted el Tratado por el que se establece una Constitución para Europa?” (“Do you approve the treaty establishing a constitution for Europe?”)

It is expected that a yes vote will come from the referendum, though the referendum is non-binding, with parliament having the final say.

However, despite constant media bombardment, as many as 90% of Spaniards are unsure of the content of the constitution, according to a government poll.

Spain has been a member of the European Union since 1986 and has received large amounts of development grants and subsidies. Since joining, it has grown into one of biggest economies in Europe and the world.

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