Sunday, April 16, 2017

In order to put the cannabis drug (marijuana) out of reach of minors, the Canadian federal government announced a bill to legalise cannabis for the age group of eighteen and above, on Thursday. The bill would allow adults to possess cannabis publicly, previously a criminal offence.

Canada’s health minister Jane Philpott tweeted, “Today we tabled new legislation to legalise, strictly regulate, and restrict access to cannabis. Our goal: keep it out of the hands of youth, and profits out of the hands of criminals.”^{((fr))French language: Ajd nous avons déposé un nouveau projet de loi pour légaliser le cannabis, le réglementer de manière stricte et en restreindre l’accès. Notre objectif: garder le cannabis hors de la portée des jeunes, & les profits hors des mains des criminels.} The Canadian government, via their official website, explained cannabis is available illegally, and their measures to stop it did not work. Criminal organisations are making money selling cannabis. Under-aged people can obtain the drug easily; they said, “it is easier for our kids to buy cannabis than cigarettes.”

The bill allows provinces and territories to set the age limit above eighteen. In order to prevent criminal gangs from making a profit, selling the drug needs a license permitting its sale. Adults can purchase the drug online from a licensed producer if a retail shop is not available in the province.

Adults can carry up to 30 g (slightly over an ounce) of cannabis and grow at most four cannabis plants at home, for personal use. The plants should be no taller than a metre, the bill proposed. Selling cannabis to minors would be a specific criminal offence.

The legislation requires parliamentary approval and royal assent. If passed, the bill would be under effect by July 2018, the government said. Health and safety experts and law enforcement were consulted before proposing the legislation. Except for medical purposes, possession of the drug remains illegal until the bill is passed. Regardless of the status of the bill, import and export of the drug would be illegal.

Previously when the government increased the taxes on cigarettes to discourage citizens from smoking, a black market for cigarettes developed.

Along with legalising cannabis, the bill would also permit the police officials to use tools like oral fluid drug screeners to detect if drivers are under the influence of the drug. Zero tolerance against drivers under influence of drugs is proposed. The government would also implement a public awareness campaign on the perils of driving under the influence of drugs.

The government still working on the restrictions. Lawmaker and former police chief Bill Blair said, “We do accept that more important work remains to be done.” If the bill is passed, Canada would be the second country to legalise cannabis completely. Uruguay is the first. Some countries, such as Germany, allow medical use of cannabis, but recreational use is prohibited.

Saturday, October 9, 2010

Kolontar, Hungary is currently being evacuated as new damage was discovered at the burst reservoir that spilled hazardous sludge on Monday 04 October 2010 in Western Hungary. If the embankment dam of the storage pond that already released about 700,000 cubic meters of highly alkaline (pH ~13) red sludge into the area would entirely collapse, an extra volume of 500,000 cubic meters of red mud could be released.

A second spill containing more sediments from the bottom of the reservoir would be heavier and thicker than the first one, and would move less rapidly. The flash flood of Monday already killed seven people, chemically burnt 150 others, and left the land and the surface water devastated by the sodium hydroxide and the iron oxides bearing also traces of heavy metals. According to Reuters the prime minister of Hungary, Viktor Orban, arrived in the village Saturday morning.

It is also being reported that the newly discovered damage is minor; however, disaster crews do not want to take any chances and are evacuating the village’s 800 inhabitants as a precaution. The evacuees are being taken to a sports hall and two high schools, which are eight kilometers away from the reservoir in a town called Ajka.

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Thursday, August 23, 2007

Researchers say that new, ten million-year-old fossils found in Ethiopia, prove that the theory that humans may have evolved from a species of great apes eight million years ago, may not be true, but that humans may have split from apes as long as 10.5 million years ago.

At least nine fossilized teeth, one canine tooth and eight molars, of a previously unknown species of apes found in Africa were discovered by a team of researchers from Ethiopia and Japan who then compared the 3-D make up of the teeth to other fossils that date back as far as 8 million years and found that the fossils are likely a “direct ancestor” of apes currently living in Africa and that the new ape fossils were that of a species of gorilla who ate mostly plants high in fiber.

Current fossils and research say that the evolutionary split from apes to humans occurred at least eight million years ago. The new fossils say that the split may have happened as long as 10.5 million years ago.

“Based on this fossil, that means the split is much earlier than has been anticipated by the molecular evidence. That means everything has to be put back,” said researcher at the Rift Valley Research Service in Ethiopia and a co-author of the study, Berhane Asfaw.

Despite the finds, other researchers are not convinced that the findings are correct.

“It is stretching the evidence to base a time scale for the evolution of the great apes on this new fossil. These structures appear on at least three independent lineages of apes, including gorillas, and they could relate to a dietary shift rather than indicating a new genetic trait,” said a Professor at the London Natural History Museum in the United Kingdom, Peter Andrews who also added, “but the fossil evidence for the evolution of our closest living relatives, the great apes, is almost non-existent.

Researchers have named the newly discovered species Cororapithecus abyssinicus whose remains were found in the Afar Region of Ethiopia, the same place where the remains of Lucy were discovered in 1974.

Tuesday, October 26, 2010

At least 113 people are now dead and hundreds more are missing after a 10 foot (3 m) tsunami destroyed several villages in a series of remote islands in western Indonesia. The tsunami was caused by a magnitude 7.7 earthquake which struck on Monday at 9:42 p.m. local time (14:42 UTC). The epicenter of the earthquake was 78 kilometers (48 mi) west of South Pagai, one of the Mentawai Islands off the west coast of Sumatra.

“We are predicting that people will need food supplies and shelter. The rain is coming down very hard, the wind is very strong,” a local police officer said, addind that emergency posts had been set up and patrols were being made to try and locate the missing. An official said that they had purchased 200 body bags “just in case.”

A local official said that most of the buildings in the coastal village of Betu Monga had been destroyed when the tsunami struck. “Of the 200 people living in that village, only 40 have been found. 160 are still missing, mostly women and children,” he said. “We have people reporting to the security post here that they could not hold on to their children, that they were swept away. A lot of people are crying.” Food supplies, he added, were running low.

Wisnu Wijaya, the preparedness director with the National Disaster Management Agency, said that the government is getting aid to the islands. “We already sent a rapid response team to this area, coordinated by the provincial government. We have local disaster management at Padang, because right now the condition of the wave is quite high,” he said. Wijaya added that high waves and stormy weather have made it difficult to reach the affected areas, and communication was a problem. Emergency shelters have been set up and the first team from Sumatra was arriving Tuesday evening to begin a rapid assessment of the aid that was needed. “Up to now, I think we still can manage this problem. Maybe also we’ll send staff to go there and make a better coordination. If they need national resources to deploy there, we’ll be ready to support local government,” Wijaya said.

The head of the regional government in the affected area told local television that some of the people recorded as missing may have moved to higher ground to take refuge from the waves. Rick Hallet, who was aboard his boat when the earthquake struck, told Australian television: “We threw whatever we could that floated—surfboards, fenders—then we jumped into the water. Fortunately, most of us had something to hold on to … and we just washed in the wetlands, and scrambled up the highest trees that we could possibly find and sat up there for an hour and a half.” The Australian Department of Foreign Affairs and Trade issued a statement saying that radio contact had been lost with a tourist boat in the area which could have been nine Australians and a Japanese national. A humanitarian organisation said that there were “genuine fears” for those aboard.

A spokesperson for a surfing resort on the coast of North Pagai said that they had “experienced a level of devastation that has rendered the resort inoperable”. Witnesses suggested that villas at the resort had been “wiped out” by the tsunami. One report suggested that a 10 feet (3 m) wave had hit the resort, causing boats to burst into flames. “There was a lot of debris floating in the water, including bar stools and other pieces of furniture from Macaronis Resort,” a member of staff said. Reports suggested that water had reached rooftops in North Pagai.

Indonesia sits on the Pacific Ring of Fire, an area prone to seismic shifts that spark earthquakes and volcanic activity. A massive earthquake in 2004 caused a tsunami that killed more than 230,000 people across the Indian Ocean. After that disaster Indonesia worked to establish early warning systems and disaster management programs to help deal with future quakes.

Sunday, June 19, 2005

The Indianapolis Formula One Grand Prix descended into farce when just six cars started the race on Sunday. The problem arose when Michelin discovered that its tires were incapable of more than ten laps at race pace.

The first indication of trouble was when the rear left tire of Ralf Schumacher’s Toyota racecar exploded during practice on Friday. Schumacher’s car collided with the track wall while travelling at 300 km/h (approx. 186 miles/h), leaving him shaken but generally unharmed. However, further investigations by Michelin revealed that another ten tires had suffered problems, with one also failing on track.

All the problems occurred on the rear left tire during the two long 90 degree corners leading onto the main straight. The nine degree banking and grooves cut into the surface of the track compounded problems.

It is believed that Michelin may not have properly accounted for the grooves cut into the Indianapolis track to improve grip for Indy cars after the track was resurfaced. Indy cars have smaller down-force generating wings so need more grip from their tires than Formula One cars.

Bridgestone, the other tire manufacturer currently in Formula One, did not have similar problems. It is possible that their US subsidiary, Firestone, who supplied tires for an Indy car race after the resurfacing, may have sent information back to their Formula One tires department in Japan. The three teams running Bridgestone tires – Ferrari, Jordan and Minardi – were therefore able to compete without any safety concerns.

Under FIA racing regulations, the only course of action was for the Michelin runners to withdraw from the race on safety grounds. Rules prevented alternative tires from being flown from France overnight, although Michelin were unsure whether these tires were also affected by the problem.

Drivers and teams had also suggested building a chicane to slow cars down between the corners, but Ferrari opposed the idea, and ultimately the FIA rejected the idea under regulations.

Actually the FIA rules states that the tyres manufacters should provide two sets of tyres for the race. One normal, optimized for performance, and one optimized for safety, to be used when the normal one set could not be used. In this case the safe set was not present.

The 123,000 fans watching from the stands were unaware of the farce unfolding below them until the parade lap before the race.

The fourteen Michelin runners peeled off into the pit lane rather than take up their starting positions on the grid. However, at least one driver, David Coulthard told his team that he was willing to race on the tires in question, had the decision been left up to him.

Fans jeered and booed as they realised what was happening, and a small number began throwing bottles and cans onto the track.

Rubens Barrichello, in a Ferrari, ran over one bottle of water at high speed which exploded in a spray of droplets.

Fans started stamping in the stands on the finish line straight, causing them to shake.

A British ITV filmcrew spoke to some fans. “I paid $85 for three-day ticket. I travelled nine hours from Baltimore to be here. Indy cars wouldn’t do this. NASCAR wouldn’t do this. I’ll never attend a race again – only watch on TV.”

Other fans had travelled from Mexico and Panama to watch the race, and said they wanted refunds.

A Police Captain also talked to ITV, saying he’d never seen fans as angry as this before. If trouble flared, they could call on 400-500 officers from local and state police, Indianapolis Police Department and the FBI under contingency plans.

The race was eventually won by Michael Schumacher from his Ferrari teammate Rubens Barrichello. Jordan’s Tiago Monteiro finished third. Despite what was clearly a one-manufacturer race for the win, both Ferrari drivers did indeed race one another hard, with them almost colliding following Schumacher’s exit from the pit lane after his second pitstop, with Barrichello having to take to the infield to avoid spinning off. Following the race, the two drivers did not speak.

Monday, January 12, 2009

Byrraju Ramalinga Raju, founder and chairman of Satyam Computer Services, and his brother, B. Rama Raju, the company’s managing director, were arrested late Friday by Andhra Pradesh police. The brothers were placed under judicial custody in a Hyderabad, India jail and will remain there until January 23. Facing charges of criminal breach of trust (Section 406 of IPC), criminal conspiracy (Section 120-B), cheating (Section 420), falsification of records and forgery (Section 468), and fraudulent cancellation of securities (Section 477-a), they face up to ten years imprisonment if convicted.

After 18 hours of interrogation by the Crime Investigation Department (CID) at the state police headquarters, the Raju brothers were sent to the Chanchalguda prison and slept Saturday night on the floor along with 26 other low-risk inmates.

S. Bharat Kumar, the Rajus’s lawyer, asked the magistrate to issue orders for health monitoring. “His blood pressure is fluctuating and he needs medical treatment,” said Bharat Kumar. Mr. Raju appeared before the court Saturday while a team of doctors visited him after he had complained of chest pain.

Raju has Hepatitis-C, and both brothers have high blood pressure, so health precautions are necessary while imprisoned. Prison rules mandate service of jail food thrice a day. The menu includes 650 gm of rice thrice a day with 250 gm of vegetable curry and 125 gm of ‘daal’ plus tea twice a day.

Satyam’s chief financial officer Vadlamani Srinivas, who was also arrested Saturday, had undergone preliminary investigation and appeared Sunday before a special court, according to A. Sivanarayana, Andhra Pradesh additional director general of police. Srinivas was remanded to judicial custody until January 23 by Mr. D. Ramakrishna, Sixth Chief Metropolitan Magistrate, and sent to the Chanchalguda jail with the Raju brothers after interrogation by CID’s Crime Branch (the CB-CID). During his Saturday night arrest and probe by CB-CID, Srinivas made revelations which are contained in his confession letter as submitted to Network 18. “According to me fixed deposits are unreal and fictitious which were managed and was an understanding between the audit section management,” Srinivas stated.

The Hyderabad court on Monday postponed the bail hearings of the Raju brothers and Srinivas to January 16. To be defended by a battalion of 25 lawyers, the three accused will remain in Chanchalguda Central Jail until further court order. The Raju brothers were shifted Sunday to a mid-size Old Hospital Barrack cell shared with a bootlegger.

In 2008, the company struggled to purchase two infrastructure companies founded by family members of company founder and CEO Dr. Raju – Maytas Infrastructure and Maytas Properties – for $1.6 billion, despite concerns raised by independent board directors. Dr. Raju tendered his resignation on January 7 after due notice of falsified accounts to board members and the SEBI.

Since January 7 when two lawsuits were commenced, dozens of other class action law suits were filed against Satyam for hundreds of millions of dollars damages based on fraud in the United States District Court for the Southern District of New York in Manhattan, among others. The securities fraud class-action lawsuits have been filed on behalf of investors who bought Satyam American Depositary Receipts (ADRs) since 2004.

On Wednesday Dr. Raju admitted to falsifying and overstating Satyam’s cash reserves by $1B US dollars (£661m) or 94% of its cash and bank balances on books at the end of September.

The fraud was perpetrated several years ago to bridge “a marginal gap” between actual and accounting books operating profits, and continued for several years. “It was like riding a tiger, not knowing how to get off without being eaten,” B. Raju said.

In a letter to the board, Dr. Raju said that neither he nor the managing director had benefited financially from the inflated revenues. Further claiming that none of the board members had any knowledge of the dire company situation, he noted that Satyam’s balance sheet as of the September 30, 2008, carried inflated figures for cash and bank balances of INR 5,040 crore (as against INR 5,361 crore reflected in the books). He alleged it also carried an accrued interest of INR 376 crore which was non-existent. He confessed that he himself prepared an understated liability of INR 1,230 crore on account of funds amid an overstated debtors’ position of INR 490 crore (as against INR 2,651 crore in the books).

Indian analysts have compared the Satyam-Raju scandal to the infamous American Enron scandal. Immediately following the media expose, PricewaterhouseCoopers, auditor of Satyam’s accounts, was set to be probed for complicity in the controversy. Times Now has reported that the Andhra Pradesh CID arrested PricewaterhouseCoopers (PWC) representative Gopal Krishnan for investigation on Saturday night.

New York-listed Satyam Computer Services Ltd., India’s fourth-biggest software firm, is a consulting and information technology services company based in Hyderabad, India. Founded in 1987 by Dr. Byrraju Ramalinga Raju, Satyam’s network spans 67 countries on six continents. It employs 53,000 professionals in India, the United States, the United Kingdom, the United Arab Emirates, Canada, Hungary, Singapore, Malaysia, China, Japan, Egypt and Australia. Its monthly salary outflow is estimated at six billion rupees ($125 million). Deriving more than half of its revenues from the United States, it serves 700 global companies, 185 of which are Fortune 500 corporations.

Satyam’s clients include Nestle, Ford, General Electric Co., General Motors Corp., Nissan Motor Co., Applied Materials Inc., Caterpillar Inc., Cisco Systems Inc. and Sony Corp., and brought in about $40bn last year.

In December 2008, a failed acquisition attempt involving the company Maytas led to a plunge in Satyam’s share price. After Wednesday’s confession, Satyam stocks fell further by more than 70%, while the BSE SENSEX dropped to 7.3% Wednesday, causing the removal of Satyam Computer Services from its indices on Thursday. The shares free fell to 11.50 rupees on Friday, their lowest level since March 1998, compared with around last year’s high of 544 rupees.

The New York Stock Exchange has terminated trading in Satyam stock as of January 7, while the National Stock Exchange of India said it will remove Satyam from its S&P CNX Nifty 50-share index from January 12.

India’s biggest-ever corporate fraud has seriously tainted India Inc.‘s strong corporate governance image. “The admission of fraud in financial affairs has created an adverse impression in the minds of trade, business and industry across the world,” the Indian government admitted. The government intervened on Friday night, dismissing Satyam’s board of directors, announcing it will appoint representatives to manage the affairs of the insolvent outsourcing giant. The board would meet within seven days. Dr Yeduguri Samuel Rajasekhara Reddy, chief Minister of State of Andhra Pradesh, India, on Sunday said that the main agenda is to protect the jobs of the software professionals. “We are taking all needful steps in coordination with the government of India to ensure that the jobs of 53,000 engineers are protected and the shareholders’ money is salvaged,” Reddy said.

“We are working on the names. The Satyam case is an aberration. The credibility of the Indian corporate sector in general, and IT sector in particular, should not be allowed to suffer because of this.” Prem Chand Gupta, the Corporate Affairs Minister said. The Federal Government of India appointed a three-member independent board with full authority for Satyam on Sunday and was set to convene within 24 hours. “We have appointed Deepak Parekh, chairman of Housing Development Finance Corporation, Kiran Karnik, former president of IT industry body NASSCOM and C. Achutan, former member of Securities and Exchange Board (SEBI) of India,” Mr. Gupta said.

In early Monday trading (0535 GMT) after the creation of the three-member board, Satyam shares rocketed upwards 60% to 38.15 rupees, even though the main Mumbai market was down more than 2%. BBC reported that Satyam shares have jumped 51% to 36.05 rupees on Monday after the stock lost 87% last week. “The constitution of the new board is seen as a positive step by the market. It’s a confidence boosting measure,” K.K. Mital, Globe Capital, New Delhi head of portfolio management services said. “But the rally will depend largely on the financial situation at the company and the kind of measures that are taken to improve liquidity,” he added.

The Company Law Board, however, has requested Satyam’s interim board not to implement its decisions. “We are asked by the Company Law Board not to implement the decisions of the board. But we are allowed to continue our activity. The team which was constituted recently is continuing its work,” Satyam head global marketing and communications, Mr. Hari Thalapalli, said.

Lazard Ltd., who has a 7.4% stake in Satyam, sought representation on the new board and wrote as much to The Indian Ministry of Corporate Affairs. “As the largest shareholder in the company, we want to be consulted in whatever decisions are being taken by the Indian government. We have written to the Ministry of Corporate Affairs and are awaiting a reply from them,” Hitesh Jain, a partner at ALMT Legal, who claimed to represent Lazard, said. “It is a fair proposal and we will take a decision as and when we clear other issues. No decision on this has been taken yet,” P.C. Gupta replied.

Meanwhile, the Securities and Exchange Board of India (SEBI) also announced it will try to control the damage and take steps to boost investor confidence. “This exercise will be undertaken after the third quarter results and is expected to be completed by end of February this year,” a SEBI official statement said. A SEBI team is also investigating acting-CEO Ram Mynampati whose salary was greater than that of founder Dr. Raju and all the directors combined. Dr. Raju had just one fifth of Mynampati’s total package of over Rs 3.5 crore as of March 2008. All the directors comparably received only a total of Rs 2.6 crore as salary, commissions, sitting fees, professional fees and other receivables.

Further, the Andhra Pradesh Police CID and teams assigned by the Economic Offences Wing of the CB-CID conducted searches Sunday of homes of the accused including the ex-CFO’s office to gather documentary evidence about the financial fraud.