Saturday, January 31, 2009

One of the world’s largest media conglomerates Sony has announced that its net profits have plummeted by 95% in the months of October and December quarter. Sony also stated that its revenue fell too by 25%, from $31.64 billion to $23.78 billion.

Sony’s most popular products: TV, digital cameras, mobile phones, and computers were hit by the crisis with a loss of $175.9 million as sales drop. This is a big difference to Sony’s last year profit of $2.2 billion.

The Chief Financial Officer Nobuyuki Oneda said, “From the second half of September last year, there has been a sudden deterioration in the economy, and with the effects of foreign exchange it has had severe consequences on our business.”

Analyst David Gibson stated that its TV’s sales really dragged them down this quarter.

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Saturday, October 9, 2010

The 10.10 version of Ubuntu (codename Maverick Merkaat), a free operative system is to be released in the next few days. French Wikinews contributor Savant-fou (Baptiste) has interviewed Fabrice (fabrice_sp on Ubuntu), an Ubuntu’s MOTU (Master Of The Universe), member of the development team of the operative system.

Ubuntu is a computer operating system, based on Debian, which is created collaboratively by thousands of people. There are three official Ubuntu versions: Ubuntu Desktop Edition (for desktop and laptop PCs); Ubuntu Netbook Edition (for netbooks); and Ubuntu Server Edition (for use in servers).

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Submitted by: Jhon Basta

The answer is to invest for economic events using Exchange Traded Funds

(ETF’ s).What do i mean by economic events?Examples would be the Dow

Jones Industrial Average going up or down, interest rates rising or falling,the oil

drilling boom in North Dakota and Texas,the US economy growing or shrinking,

US trillion dollar deficits ,etc,etc.These event and many more are easy to

ecognize.In 2014 the best investment return was on falling prices,an event

and trend that was easy to spot.What are these Exchange Traded Funds?Basically

it is the same as buying a mutual fund share. ETF’s are traded daily on the majo

exchanges and have the same liquidity as individual stocks.Exchange Traded

Funds made their debut around 1990 and held numerous individual stocks in

different industry segments such as energy and healthcare.By 2005 there were

enough Exchange Traded Funds available of different types to make investing fo

economic events feasible.Let’s give an Example, Suppose your brief review of

mortgage rates concludes that they will go up significant.Your next step would

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e to find an ETF that increased in value when interest rates rise.How?You could

“Google” “ETF for raising interest rates”.The result would be listing and

information about ETF’s but also information of what specific ETF’s increase in

value as interest rates rise.Next step.purchase the ETF shares.Another simple

example would be gold.Assume your review of the situation determined that the

price of gold would go down.Next step”Google” ” ETF for falling gold price”.

The result would be a description of various ETF’s that go up in value as the price

of gold drops.

AS you can see , this type of investing in economic events eliminates trying to

analyze which mutual fund or individual stock to purchase.No analysis of the

fundamentals, or technical analysis of price movements and chart patterns are


The only think missing now is risk management for the price movement of the

individual Exchange Traded Fund invested in.The solution is to follow the risk

management rules that i recommended and use:

The unbreakable rules that guarantee success with investing:

1)Review the price/value of your investment(s)twice a month.Look up the

price of the stock,mutual fund,ETF,etc.This rules allows you to see and

apply the rules of risk management,if necessary.

2)”Don’t lose money”.This is the cardinal rule espoused by world renowned

investor Warren Buffet,among others.While the rules is obvious,

people generally forget two things:

a) When you lose your principle, you are no longer able to invest.

) If you have 50% loss of principal , it takes a 100% gain to break even.

3)Control and minimize investment risk.You minimize investment risk by

applying the 10% trailing stop loss rule -always.When the investment

price/value drops 10% from the high point, sell no metter what.

Here is how the rule works.You bye Exchange Traded Fund (ETF) at $100 pe

share today. Two weeks from today it has declined to %89.50 per share.You sell

immediately because 10% of $100 is $10 and the ETF has declined $10.50.

On an ongoing basis the stop trails the price movement. Here is how it works:

Two manth ago you bought an Exchange Traded Fund for $100 per share. During

that two month’ time the share price went to $130. Today the price is $116.Sell

immediately.10% of $130 is $13, so when the ETF share went below $117 (10%

of $130 is $13) it is the signal to sell.As you can see, you now have locked in a

very acceptable profit.When you review your investment(s) twice a month,

sometimes no action is necessary.At other time you take a profit or prevent a loss.

That’s it.Simple and easy for the active investor as well as those non-technical

people who don’t have the desire to be active investors.

About the Author: Jhon Basta is the author of five financial
books including “Successful Investing for
Economic events.”
John Basta’s brief resume follows:
* Has practiced as a Certified Public Accountant (CPA) greater than 20 years
*Has been the Chief Financial Officer (CFO) at both small & mid-size companies
*Is a Real Estate Investor and has 35+ years of experience
*Is a Business Consultant
*Is a Precious Metals and Exchange Traded Fund Investor
*Is a Financial Author and Lecturer
*Is a licensed Real Estate Agent
Visit him at


Permanent Link:

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Monday, June 7, 2010

Access to search engine Google has been limited and most of Google’s online services cannot be accessed in Turkey. The access limitation happened due to the blocking of an IP set that belongs to Google. These IP addresses were shared between YouTube and other Google services.

The Turkish news site Hürriyet Daily News reports that Turkey’s Telecommunications Communication Presidency (TCP) (a government agency that manages Turkish ISPs) indefinitely shut off access to several Google services. The shut-off came after the banning of YouTube for alleged insults against Turkish Republic founder Mustafa Kemal Atatürk. TCP released an official statement Friday, saying it had blocked access to some Google IP addresses “because of legal reasons”. Under Turkish law, it is an offence to “insult Turkishness.”

Softpedia states that the limited access to Google could be a result of the government trying to block specific DNS addresses that relate to Google, as part of its ongoing attempts to block YouTube. Since Google services share common software and IP addresses, the search engine itself suffers from access restrictions. Turkish citizens are concerned that this move of the governmental agency was another step towards a complete ban on Google, as exists in China.

Several Internet sites have been banned in Turkey in recent years, and although some of them were subsequently unbanned, most of them remain inaccessible. Engelli Web, a website listing banned sites reports that currently YouTube (since May 2008), (since June 26, 2009), and Spanish newspaper El Mundo (since May 14, 2010) are among the banned sites in Turkey. MySpace and WordPress were also among banned sites for a period of time. Websites will be blocked following a court decision or if TCP decides to block on its behalf.

RetweetToday reports that Turkish citizens on Twitter have also reported access problems. Comments about the blockage are being shared using hashtags such as TurkeyCensorGoogle and TurkeyGoogleBan, as well as NoGoogleNoWeb.

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Monday, December 14, 2020

On Tuesday, US-based software company Red Hat announced their plans to shift their focus away from CentOS in favour of CentOS Stream.

In the blog post Chris Wright, the Chief Technological Officer of Red Hat said Red Hat had informed the CentOS governing board that Red Hat was “shifting our investment fully from CentOS Linux to CentOS Stream”. At least five of the nine CentOS Governing Board listed on the project are Red Hat employees.

Started in 2004, CentOS has been a free-of-cost free/libre open source software which provided binary-code compatibility with Red Hat Enterprise Linux (RHEL) — Red Hat’s GNU General Public Licensed paid operating system. CentOS was absorbed into Red Hat in 2014, with Red Hat gaining the trademark rights of “CentOS”.

Red Hat also sponsors the Fedora operating system. Red Hat even gives the software engineering interns laptops with Fedora on it. Till now, software development took place on Fedora, which was later adopted in RHEL, which the Red Hat maintained and provided support for, for those customers who had RHEL subscription. CentOS would then follow RHEL to provide the same features free of cost, but without the support.

Stream was announced in September 2019, just two months after Red Hat was acquired by IBM. CentOS Stream’s development cycle had new features added to it before the features became a part of RHEL. Stream receives more frequent updates, however, it does not follow RHEL’s release cycle.

With CentOS Stream, developments from the community and the Red Hat emplyees would take place beforehand on both Fedora, and Stream as a rolling release, before those features are absorbed into RHEL. CentOS followed the release cycle of RHEL and therefore it was a stable distribution. Features available in CentOS were tried and tested by Fedora, and then RHEL maintainers. Stream, on the other hand, has features added to it before those features become a part of RHEL. That implies Stream would be ahead of RHEL’s development, containing new features which are not yet tried and tested by RHEL developers, and not be binary code-compatible with RHEL.

Writing “The future of CentOS Linux is CentOS Stream”, Wright further wrote in the announcement, CentOS Stream “provides a platform for rapid innovation at the community level but with a stable enough base to understand production dynamics.” Wright also said, “CentOS Stream isn’t a replacement for CentOS Linux; rather, it’s a natural, inevitable next step intended to fulfill the project’s goal of furthering enterprise Linux innovation.”

Since the announcement was made, many people expressed their anger on Internet Relay Chat (IRC), Reddit and CentOS project’s mailing list. CentOS 8’s End of Life (EOL) has been moved up from May 2029 to December 31, 2021, while CentOS 7 is expected to receive maintenance updates through June 2024, outliving CentOS 8.

Gregory Kurtzer, who had started the CentOS project, announced a new operating system, Rocky Linux. Rocky Linux describes itself as “a community enterprise Operating System designed to be 100% bug-for-bug compatible with Enterprise Linux”. The project said “Rocky Linux aims to function as a downstream build as CentOS had done previously, building releases after they have been added to the upstream vendor, not before.” The project maintainers have not decided a date for when the operating system will be released.

Kurtzer explained the reason to call the OS as Rocky Linux: “Thinking back to early CentOS days… My cofounder was Rocky McGaugh. He is no longer with us, so as a H/T [hat tip] to him, who never got to see the success that CentOS came to be, I introduce to you…Rocky Linux”.

Wikinews reached out to the members of the CentOS project, Pablo Greco and Rich Bowen, to discuss this move, its implications as well as the future of CentOS. Greco is a maintainer of armhfp (32-bit processors) and is a part of the CentOS’ quality assurance team. Bowen — who unlike Greco, works for Red Hat — is the community manager of the CentOS project.

 This story has updates See Gregory Kurtzer discusses plans for Rocky Linux with Wikinews as Red Hat announces moving focus away from CentOS, December 18, 2020 

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Tuesday, July 20, 2010

Singapore police arrested British author and journalist Alan Shadrake one day after the launch of his book about the country’s use of the death penalty.

Shadrake, 75, was arrested on Sunday morning at a hotel in Singapore and taken into custody by police on charges of criminal defamation, in response to a complaint lodged by the city-state’s Media Development Authority (MDA) over the contents of his new book, Once a Jolly Hangman: Singapore Justice in the Dock. Separately, the Attorney-General served Shadrake with an application for an order of committal for contempt of court, accusing him of “cast[ing] doubt on the impartiality, integrity, and independence” of Singapore’s courts through his book.

Shadrake’s latest book discusses alleged “double standards” in the country’s application of the death penalty, and contains interviews with local human rights activists, lawyers, and former police officers, including retired Changi Prison executioner Darshan Singh; Singh later claimed that he had been “tricked” into the interview. In earlier media comments, Shadrake stated that he expected “trouble” but no concrete action from authorities over his book, lest they draw even more attention to its claims. Retailers took his book off shelves after inquiries by the MDA; a spokesman for the MDA stated that the book was not banned, but suggested that booksellers “seek legal advice to ensure that the books they sell do not contravene Singapore laws”.

Shadrake has written for a variety of newspapers, including The Daily Telegraph of London as well as the New Straits Times of neighbouring Malaysia. His previous book, The Yellow Pimpernels, told the tale of various attempts to escape from East Germany over the Berlin Wall. If convicted, he faces a two-year imprisonment and a fine.

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When we firstly get connected with the interior designer for the house then he or she foremost gave huge preference to the tiles. Tiles play a very important role for making the house look beautiful and stunning. Tiles are easily accessible in different styles and shapes but little attention has to be undertaken before dealing with the purchase of tiles. No matter whether the tiles have to be placed in bathroom or in the floor section it always demands for finest material and textile for decoration. Tiles have been categorized into diverse forms and types. All such people who are interested in gathering additional details about the types of tiles they must read this article because we are discussing some of the prominent and notable forms of tiles. LETS TAKE A LOOK. Firstly we have the Ceramic Tiles. When you will visit any office, store or even home you will probably discover the use of ceramic tiles. Ceramic tiles are obtainable in two main forms including glazed and unglazed. For preparing the ceramic tiles they are firstly made from clay and afterwards they are heated for making them strong. After heating the glaze is added in the ceramic tiles for serving tem with shiny color schemes. In unglazed category we have the Quarry Tile. This tile is quite inexpensive and less costly and is probably utilized in the offices, hotels and commercial sectors. The main advantages of these tiles are its durability that grants the tiles with strength and less breakage chances. In the same such tiles does not offer any dangers of getting scratches or even stains as well. However, such tiles are not much accessible in many color shades but such colors that have been so far included are red, black, white, grey and blue. While cleaning the tiles always use less water because excessive use of water can make the tiles appear dull and drab. Second we have the marbles. Marbles has been one of such tile types that are increasingly getting used by the people for over quarter of the centuries. These tiles lend the house with the glorious and beautiful image that even adds the taste of traditional look to the house. Those people who may discover the use of tiles as expensive and costly they gave their huge preference to the marble use on floors. Furthermore, Porcelain is another form of tile for home use. The main similarity between the Porcelain and Ceramic is the heating procedure but the difference arrives in the heating sense. Porcelain is heated at huge level of temperature as compare to the ceramic tiles. Such tiles can be sued for both the indoor and outdoor facilities. Lastly we have the Mosaics Tile. Such tiles are much utilized for the bathrooms and kitchen corners. Such tiles are normally gained in square, octagon, hexagons and diverse unique shapes. Well this was all for the types of the tiles and we are sure through this article you would have definitely acquire huge knowledge about the tiles.

Posted in Quarry Products

Wednesday, July 21, 2021

Wikinews correspondent J.J. Liu spoke with Technological University Dublin (TUD) senior lecturer at the School of Surveying & Construction Management, Dr Lorcan Sirr on Friday regarding the supply of housing in the Republic of Ireland and relevant parallels across the rest of Europe, as well as recent developments by the government and private sector that are causing a rise in rents and home prices in the Irish real estate market.

Dr Sirr is a regular contributor to The Irish Times and has provided commentary to Irish radio station Newstalk, national broadcaster Raidió Teilifís Éireann (RTÉ) and various other publications. In addition to being a chartered planning and development surveyor and assessor to the Society of Chartered Surveyors, Dr Sirr is a Peace Commissioner and former external examiner for the Galway-Mayo Institute of Technology, according to his profile on Worky.

Dr Sirr was a lecturer and former head of research for the Faculty of the Built Environment at the Dublin Institute of Technology, which entered a merger with two partner institutes to become TUD January 1, 2019. He received his bachelor’s degree in estate management at the University of Greenwich, United Kingdom, and master’s degree in urban design and PhD in town planning at the University of Manchester. He has a second master’s in literature from KU Leuven, Belgium, and speaks French.

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Friday, May 23, 2008

Borussia Dortmund have hired Jürgen Klopp as their new Head Coach after Thomas Doll resignation after their worst league position in 20 years. Klopp’s contract will run until the June 30, 2010. Klopp was the Head Coach for FSV Mainz since 2001 before leaving for Dortmund.

“I am delighted to be here. I am honoured”, said Klopp. “Now I want to help bring the club back on track.” Klopp has high expectations of the club, current players and target signings for the summer transfer window and wants to give the matches of Borussia Dortmund a “recognition factor.”

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Thursday, March 13, 2008

Members of Australia’s Health Services Union (HSU) will go on strike in Victoria next week in a dispute over stalled wage and career structure negotiations. Over 5000 physiotherapists, speech pathologists and radiation therapists will walk off the job next week, effectively closing the state’s 68 largest health services.

The strike will force the closure of intensive care units and emergency departments across the state.

It is feared the strike could continue into Easter.

National secretary of the HSU, Kathy Jackson said admissions would be crippled, while intensive care patients would have to be evacuated to New South Wales, Tasmania and South Australia as hospitals will not be able to perform tests or administer treatment.

“When an ambulance shows up you can’t admit a patient without an X-ray being available, you can’t intubate them and you can’t operate on them,” she said.

“If something goes wrong in an ICU you need to be able to X-ray, use nuclear medicine or any diagnostic procedure,” said Ms Jackson.

Ms Jackson said the HSU offered arbitration last year, but the state government refused. “They’re not interested in settling disputes, they hope that we are just going to go away.”

“We’re not going away, we’ve gone back and balloted the whole public health workforce in Victoria, those ballots were successful, 97 percent approval rating,” she said.

The HSU is urging the government to commence serious negotiations to resolve the dispute before industrial action commenced.

The government has offered the union a 3.25 per cent pay increase, in line with other public sector workers but the union has demanded more, but stopped short of specifying a figure.

Victorian Premier John Brumby said the claim would be settled according to the government’s wages policy. “The Government is always willing and wanting to sit down and negotiate with the relevant organisations . . . we have a wages policy based around an increase of 3.25 per cent and, above that, productivity offset,” he told parliament.

The union claims it is also arguing against a lack of career structure, which has caused many professionals to leave the health service. Ms Jackson said wages and career structures in Victoria were behind other states.

Victorian Opposition Leader Ted Baillieu said he was not in support of the proposed strike and called on the government to meet with unions. “There could not be a more serious threat to our health system than has been announced today.”

“We now have to do whatever is possible to stop this strike from proceeding,” he said.

The opposition leader will meet with the union at 11:30 AM today.

Victorian Hospitals Industry Association industrial relations services manager Simon Chant said hospitals were looking at the possible impact and warned that patients may have to be evacuated interstate if the strike goes ahead.

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