US home sales fall at fastest pace on record

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US home sales fall at fastest pace on record

Monday, January 25, 2010

Sales of previously owned homes in the US fell at the fastest rate ever recorded last December, according to data from the National Association of Realtors (NAR).

According to the association, existing home sales fell 16.7% last month, to an annual rate of 5.45 million, the largest crash since 1968. The figure was less than the 5.90 million units, or an eleven percent drop, predicted by most analysts.

Sales of homes went up for the entire of 2009 to 5.156 million units, or 4.9% for the year, and prices dropped from 2008 by 12.4%.

NAR chief economist Lawrence Yun described the figures as being “probably the largest annual drop since the Great Depression”. He said that “the market is going through a period of swings driven by the tax credit. We’re likely to have another surge in the spring. Job creation is the key to a continued recovery in the second half of the year.”

Pierre Ellis, a senior economist for Decision Economics in New York, commented on the figures, saying: “The drop in home sales is the payback for the acceleration of sales that occurred with the original first-time home buyers tax credit. […] There is an issue as to whether the decline represents a fundamental weakening.”

“The housing market continues to face significant headwinds, including high unemployment, record delinquencies and foreclosures, the specter of rising mortgage rates as the Fed’s [mortgage-backed securities] purchase programs comes to a close in late March, and tight credit,” Omair Sharif, an economist for RBS Securities, noted.

“Still, the resale market showed resilience in the second half of 2009, and the expansion and extension of the tax credit to April 30 could boost purchases during the spring selling season,” he said.

“We’ll see a pickup in existing home sales in the next couple of months as people take advantage of the tax-credit extension”, economist Adam York of Wells Fargo Securities LLC in Charlotte, North Carolina claimed. He fore-casted a pace of 5.4 million. He said that there were unlikely to be buyers of homes, despite the fact that the U.S. was “past the bottom.”

All four regions of the country saw a decline in sales. In the Northeast, sales fell 19.5 percent, in the Midwest, they plunged 25.8 percent. The South, the country’s largest region, saw a 16.3% decline, while in the West, sales waned by 4.8%.

US stocks fell slightly after the announcement, but went back up later in the day.

Grandmother of Barack Obama dies at 86

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Grandmother of Barack Obama dies at 86

Monday, November 3, 2008

Madelyn Dunham, the maternal grandmother of United States 2008 presidential candidate Barack Obama, has died of cancer at 86, just one day before the election.

Dunham, who was born in Peru, Kansas in 1922, helped to raise Obama from the age of 10. She lived in Honolulu, Hawaii for most of her life, where she died peacefully in her apartment shortly before midnight local time.

She was the cornerstone of our family, and a woman of extraordinary accomplishment, strength, and humility.

“It is with great sadness that we announce that our grandmother, Madelyn Dunham, has died peacefully after a battle with cancer. She was the cornerstone of our family, and a woman of extraordinary accomplishment, strength, and humility,” said Obama and his sister Maya Soetoro-Ng in a joint statement to the press.

During his acceptance speech for Democratic presidential nominee he noted her with the words, “She’s the one who put off buying a new car or a new dress for herself so that I could have a better life… She poured everything she had into me.”

Obama took time out from his presidential campaign in October to visit her at her bedside a week before she died.

Obama’s opponent John McCain also issued a statement saying his “thoughts and prayers go out” to Obama and his family.

“We offer our deepest condolences to Barack Obama and his family as they grieve the loss of their beloved grandmother. Our thoughts and prayers go out to them as they remember and celebrate the life of someone who had such a profound impact in their lives,” said McCain in a statement to the press.

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How A Simple Home Remedy For Acne Got Rid Of My Acne

Submitted by: Alexander Marlin

As a sufferer of acne, I was finally glad to get my life back after using a simple home remedy for acne that worked and got rid of my acne.

I always hated life, I would awake in the morning and just couldn’t face the mirror in my room, the sight of my own face would turn me off even more, I would just sit there feeling depressed.

No one can imagine the many different acne treatment solutions I tried, one after the other, it seemed as if nothing worked. But, I just never gave up hope that one day I would finally be able to rid myself of acne.

I would face the day asking myself one question:

Is there a acne cure that works for me?

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I began to get depressed and tried to avoid my friends and family, my bedroom became my world, just living compound to those four walls. I used to spend hours and come up with very lame excuses, just to not face anyone.

The one day it happened, I saw an online ad, that stated that an overlooked yet simple home remedy for acne can rid you of acne.

I read that page at least one hundred times, and decided to take a chance and see if this would work, and I am glad I did.

Yes, it really worked, that simple home remedy for acne cured my acne. I was finally free.

That is where I also learned that many people believe they have acne, but they are actually only suffering from skin conditions that are related to acne, by simply balancing the skin PH value you can heal that condition.

It is very important to understand what causes your acne, because only then can you discover a cure to rid yourself of that skin disease.

Nothing can change the way I feel now, because I have had many years of hiding and not being able to look anyone in the face, but there is hope for all, take a chance, and see if this simple home remedy for acne can be the answer to your problems.

Another problem I hear people talking about is that adult acne isn’t as serious as teenage acne, well that is a whole load of hog wash.

Acne is horrible no matter at what age, I guess those touting that rumor has never suffered with acne, and they have no clue what they are talking about.

I can only offer you hope and insist you never give up trying to find your acne cure, as each one of us is different, but we seek the same gold and that is to find a simple home remedy for acne that will not cost too much.

My best friend face was constantly red, he thought he had acne, well he didn’t and that is where the problem starts, not because you think it’s acne, that means it is.

Get the facts, and learn the exact steps I took to cure my acne by following this simple home remedy for acne. I know my English isn’t the best and I am no doctor, but I do know what worked for me.

About the Author: Alexander Marlin, I discovered a simple

home remedy for acne

online, that rid me of my acne. Learn all the facts you ever wanted to know about acne here:

curedacne.com

Source:

isnare.com

Permanent Link:

isnare.com/?aid=24687&ca=Medicines+and+Remedies

Ontario Votes 2007: Interview with Family Coalition Party candidate Ray Scott, Algoma-Manitoulin

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Ontario Votes 2007: Interview with Family Coalition Party candidate Ray Scott, Algoma-Manitoulin

Tuesday, October 2, 2007

Ray Scott is running for the Family Coalition Party in the Ontario provincial election, in the Algoma-Manitoulin riding. Wikinews’ Nick Moreau interviewed him regarding his values, his experience, and his campaign.

Stay tuned for further interviews; every candidate from every party is eligible, and will be contacted. Expect interviews from Liberals, Progressive Conservatives, New Democratic Party members, Ontario Greens, as well as members from the Family Coalition, Freedom, Communist, Libertarian, and Confederation of Regions parties, as well as independents.

Congressman Cunningham admits taking bribes

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Congressman Cunningham admits taking bribes

Monday, November 28, 2005

U.S. Representative Randy “Duke” Cunningham (RCA) pled guilty today to conspiring to take bribes in exchange for using his influence as a member of the House Appropriations Committee to help a defense contractor get business. In total he pled guilty to one count of income tax evasion and four counts of conspiracy, namely mail fraud, wire fraud, bribery of public official and accepting bribes. U.S. District judge Larry A. Burns scheduled Cunnigham to be sentenced on February 27. He is facing up to 10 years in prison and nearly $500,000 in fines, as well as forfeiture of unspecified amounts of cash and property.

In the court hearing, Cunningham admitted to accepting “bribes in exchange for performance of official duties” between “the year 2000 and June of 2005”, taking “both cash payments and payments in kind” and following up by “trying to influence the Defense Department”.

The federal investigation against Cunningham was triggered by his sale of his California residence to defense contractor Mitchell Wade in late 2003. However, Wade never moved in and sold the house at a $700,000 loss three quarters of a year later. At the same time Wade’s company MZM won tens of millions of dollars in defense contracts. Subsequent investigations discovered more questionable business transactions, including interactions with the defense contractor ADCS. In his plea agreement he testified that, among other charges, he “demanded, sought and received at least $2.4 million in illicit payments and benefits from his co-conspirators in various forms, including cash, checks, meals, travel, lodging, furnishings, antiques, rugs, yacht club fees, boat repairs and improvements, moving expenses, cars and boats.”

Cunningham announced his resignation after the hearing. In a written statement released by his law firm O’Melveny & Myers LLP he declared “The truth is — I broke the law, concealed my conduct, and disgraced my high office. I know that I will forfeit my freedom, my reputation, my worldly possessions, and most importantly, the trust of my friends and family.”

nJCuYQdn | Uncategorized | 07 16th, 2018 | No Comments »

Several groups seek to purchase Saturn auto brand

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Several groups seek to purchase Saturn auto brand

Thursday, May 7, 2009

Penske Automotive Group, Inc., an Ohio-based investment group and Telesto Ventures have indicated separately that they are interested in purchasing the Saturn auto brand from General Motors (GM).

According to The Wall Street Journal, Nissan-Renault is interested in purchasing Saturn. Bloomberg, however, indicated that Nissan-Renault may be a partner of Penske’s potential bid. If Penske acquired the brand, they would distribute Saturn vehicles and outsource the assembly.

GM revealed that the Saturn brand along with Saab and Hummer were up for sale when unveiling their restructuring plans to Congress for governmental loans. While the Pontiac brand was originally to be a niche brand, GM had changed their plans recently and decided to eliminate the brand.

Telesto Ventures is an investment group that includes private equity firm Black Oak Partners LLC of Oklahoma City and several Saturn dealerships. Initially, Telesto will purchase Saturn branded cars from GM then act as a general retailer for foreign brands. Telesto is in talks with several foreign manufacturers.

The Ohio group includes many former senior auto company managers plus private financial backers, chemists and engineers who live in Michigan, Ohio, Indiana and Florida. This group plans to initially purchase cars from GM then purchase existing but closed plants due to automaker restructuring. Additionally, one of the partners indicated a willingness to accept some “legacy” cost in relation to the United Auto Workers. The Ohio group is also pursuing possible loans or other support from national and state governments.

GM is reviewing several offers for Saturn. GM has contracted with S.J. Girsky & Co. to advise them on the sale.

nJCuYQdn | Uncategorized | 07 15th, 2018 | No Comments »

Hiring A Personal Injury Lawyer In Bethlehem, Pa

byAlma Abell

Accidents happen everyday. If you are in an accident due to someone else’s negligence, you may be entitled to compensation for your medical bills, pain and suffering and any other losses you may face. Some of the most common accidents people deal with are car and Motorcycle Accidents in Easton, PA. If you’re involved in this type of accident, it may be difficult to deal with the automobile insurance companies on your own. They’re out to protect themselves, not the injured party. Hiring a Personal Injury Lawyer in Bethlehem, PA will ensure that your legal rights are protected and you get the compensation that you deserve.

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Most personal injury attorneys offer free consultations to learn about your case. They’ll want you to explain the accident to them in detail. If you have any police reports, accident reports or medical records, bring them to the consultation, as they’ll prove to be helpful to the attorney. Make sure you tell the entire story and are truthful about what happened. It’s imperative that the attorney know everything to be able to represent you well. Make sure the attorney you choose is someone you’re comfortable speaking with. You’ll be working closely with him or her during the duration of your case and it’s important that you’re able to communicate well.

Don’t worry if you don’t have money to pay for an attorney, if you’ve been hurt in an accident. Most personal injury attorneys work on a contingency basis. This means that they don’t expect money upfront. They take a predetermined percentage of your settlement, if and when your case settles. This is standard procedure for a personal injury case. Most attorneys take somewhere between 33 – 40% of the settlement as payment. Many will also take additional office expense out of your settlement too. This covers copies, telephone calls, and additional legal fees. Though this is all standard, make sure you understand what the fees will be prior to signing anything so you aren’t surprised at the deductions to your settlement check, when it arrives.

Hiring an attorney to help you navigate through your personal injury case is a good idea. The attorney will help protect your best interests and ensure you get the compensation you deserve.

Category:Iain Macdonald (Wikinewsie)/Aviation

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Category:Iain Macdonald (Wikinewsie)/Aviation
Aviation articles by Wikinewsie Iain Macdonald.
  • Rescue helicopter crash kills six in Abruzzo, Italy
  • UK Civil Aviation Authority issues update on Shoreham crash response
  • Nigerian jet attacks refugee camp, killing dozens
  • Fighter jet crashes during Children’s Day airshow in Thailand
  • Plane carrying 92 crashes into Black Sea near Sochi
  • Hijackers divert Libyan passenger jet to Malta
  • Pakistan International Airlines sacrifices goat, resumes ATR flights
  • Judge rules Air Canada Flight 624 victims can sue Transport Canada
  • PIA flight crashes near Havelian, Pakistan
  • Indonesian police plane crashes near Batam, fifteen missing
  • Investigators blame pilot error for AirAsia crash into Java Sea
  • New Polish government takes down findings on Russian air disaster
  • Pakistani female fighter pilot Marium Mukhtiar dies in jet crash
  • Investigators blame pilot error for deadly jet crash near Boston
  • Airshow collision kills one in Dittingen, Switzerland
  • Vintage plane crashes into road during Shoreham Airshow in England
  • Planes carrying parachutists collide, crash in Slovakia
  • Indian army helicopter crash kills two in Jammu and Kashmir
  • Divers retrieve 100th corpse from Java Sea jet crash
  • Taipei plane crash toll reaches 40
  • AirAsia disaster: Bodies, wreckage found
  • AirAsia jet vanishes over Indonesia, 162 missing
  • Inquiry finds proper maintenance might have prevented 2009 North Sea helicopter disaster
  • Ryanair sue Associated Newspapers, Mirror Group
  • Ryanair sack, sue pilot over participation in safety documentary
  • Ryanair threaten legal action after documentary on fuel policy, safety
  • US Marine Corps blame deadly Morocco Osprey plane crash on pilots
  • Kenyan helicopter crash kills security minister
  • Indonesians retrieve missing recorder from crashed Russian jet
  • Report blames New Zealand skydive plane crash that killed nine on overloading
  • Russian passenger jet crashes on Indonesian demonstration flight
  • European Commission clears British Airways owner IAG to buy bmi from Lufthansa
  • US Air Force upgrades F-22 oxygen system after deadly crash
  • Cypriot court clears all of wrongdoing in Greek air disaster
  • Boeing rolls out first 787 Dreamliner to go into service
  • Air France, pilots union, victims group criticise transatlantic disaster probe
  • South Korean troops mistakenly attack passenger jet
  • 27 believed dead in Indonesian plane crash
  • Russian police say Moscow airport bomber identified
  • ‘Unacceptable’ and ‘without foundation’: Poland rejects Russian air crash report
  • Serb pilots defend colleague in Air India Express disaster
  • Investigation into US Airways river ditching in New York completed
  • Reports issued after jets collided twice in same spot at UK airport
  • Final report blames London passenger jet crash on ice
  • Concorde crash trial begins
  • Iranian air politician blames pilot error for yesterday’s jet crash
  • US charges homeless man after plane stolen and crashed in Maryland
  • German jet bound for US searched in Iceland after suitcase loaded without owner
  • Mexican helicopter crash leaves soldier dead
  • Indonesian court overturns Garuda pilot’s conviction over air disaster
  • Zimbabwean cargo plane crashes in Shanghai; three dead
  • Italian Air Force transport wreck kills five
  • UK lawyer comments on court case against Boeing over London jet crash
  • Victims of London jetliner crash sue Boeing
  • Family seeks prosecution over loss of UK Nimrod jet in Afghanistan
  • British Airways and Iberia agree to merge
  • At least nine missing after Russian military plane crashes into Pacific
  • Search continues for nine missing after midair collision off California
  • Russian military cargo jet crash kills eleven in Siberia
  • Nine missing after US Coast Guard plane and Navy helicopter collide
  • Jet flies 150 miles past destination in US; pilots say they were distracted
  • Airliner crash wounds four in Durban, South Africa
  • Cypriot court begins Greek air disaster trial
  • Japan blames design, maintenance for explosion on China Airlines jet
  • Lockerbie bomber Abdelbaset Ali al-Megrahi released on compassionate grounds
  • Lockerbie bombing appeal dropped
  • Australian receives bravery award for rescues in Indonesian air disaster
  • Fighter jets collide, crash into houses near Moscow
  • Abdelbaset Ali al-Megrahi moves to drop Lockerbie bombing appeal
  • Iranian passenger jet’s wheel catches fire
  • Tourist plane crash in Papua New Guinea leaves thirteen dead
  • UK’s BAA forced to sell three airports
  • Scotland denies bail to terminally ill man convicted of Lockerbie bombing
  • Pilot error blamed for July crash of Aria Air Flight 1525 in Iran
  • Plane carrying sixteen people vanishes over Papua, Indonesia
  • Airbus offers funding to search for black boxes from Air France disaster
  • 20 years on: Sioux City, Iowa remembers crash landing that killed 111
  • Two separate fighter jet crashes kill two, injure two in Afghanistan
  • Helicopter crash kills sixteen at NATO base in Afghanistan
  • U.S. investigators probe in-flight hole in passenger jet
  • Four Indonesian airlines allowed back into Europe; Zambia, Kazakhstan banned
  • Brazil ceases hunt for bodies from Air France crash
  • Airliner catches fire at Indonesian airport
  • Garuda Indonesia increases flights, fleet; may buy rival
  • False dawn for Air France flight; debris not from crash, search continues
  • US investigators probe close call on North Carolina runway
  • Spanish general, two other officials jailed for false IDs after air disaster
  • Indonesian court jails Garuda pilot over air disaster
  • Pilots in 16-death crash jailed for praying instead of flying
  • New Zealand pilots receive bravery awards for foiling airliner hijack
  • US, UK investigators seek 777 engine redesign to stop repeat of London jet crash
  • Schiphol airliner crash blamed on altimeter failure, pilot error
  • Marine jet crash into San Diego house attributed to string of errors
  • Fatal US Army helicopter collision in Iraq blamed on enemy fire
  • Brazil’s Embraer plans to cut around 4,200 jobs
  • Virgin Atlantic jet fire investigation finds faulty wiring in A340 fleet
  • Six indicted over jet crash at New Jersey’s Teterboro Airport
  • Man arrested in India after mid-air hijack threat on domestic flight
  • British Airways plans to cut carbon dioxide emissions by 50% by 2050
  • US Airways jet recovered from Hudson River
  • Mount Everest plane crash blamed on pilot error
  • Cyprus charges five over 2005 air crash that killed 121
  • 20 years on: Lockerbie victims’ group head talks to Wikinews
  • US, UK investigators collaborating after US 777 incident similar to London crash
  • Brazil blames human error for 2006 midair airliner collision
  • NTSB continues investigation of near-collision in Pennsylvania, United States
  • Turbulence likely cause of Mexico jet crash that killed ministers
  • Bomb ruled out in Mexico plane crash that killed twelve
  • Afghan president Hamid Karzai opens new terminal at Kabul International Airport
  • Cyprus to charge five over 2005 plane crash that killed 121
  • India’s Jet Airways posts biggest quarterly loss in three years
  • Indian aviation sector hit by financial trouble; domestic traffic at five-year low
  • Spanish airline LTE suspends all flights
  • Spanair mechanics to be questioned under criminal suspicion over Flight 5022 crash
  • Oscar Diös tells Wikinews about his hostel within a Boeing 747
  • Preliminary report released on Spanair disaster that killed 154
  • Dozens injured by sudden change in altitude on Qantas jet
  • Soldier dies as military helicopters collide in Iraq
  • No evidence of engine fire at Aeroflot-Nord Flight 821 crash site
  • Indonesian parliament approves privatising of three major state firms
  • Controversy after leak of preliminary report into Spanair disaster
  • Researcher claims unmarked grave contains 1950 Lake Michigan plane crash victims
  • Interim report blames ice for British Airways 777 crash in London
  • Service held in Nova Scotia on tenth anniversary of Swissair crash that killed 229
  • UK government sued over deaths in 2006 Nimrod crash in Afghanistan
  • Four British Airways executives charged with price fixing
  • Unprecedented review to be held on Qantas after third emergency in two weeks
  • British Airways enters merger talks with Iberia
  • EU maintains ban on Indonesian airlines amid accusations of political motivation
  • US military confirms three deaths after B-52 crash off Guam
  • One-Two-Go Airlines cease operating over fuel costs as legal action begins over September air disaster
  • US FAA to make airliner fuel tank inertion mandatory over 1996 air disaster
  • British Airways give medals to Flight 38’s crew
  • Honduran capital’s main airport reopens six weeks after jetliner crash
  • Death toll in Arizona helicopter collision at seven as only survivor dies
  • Continental Airlines to face charges over Air France Concorde disaster
  • Nine oil workers die as helicopter crashes in Siberia
  • Boeing 767 cargo plane seriously damaged by fire at San Francisco
  • Cargo plane crashes near Khartoum; at least four dead
  • Cargo plane crash in Sudan leaves seven dead with one survivor
  • Air safety group says airport was operating illegally without license when Garuda Indonesia Flight 200 crashed
  • Sudan Airways grounded
  • Peacekeeping helicopter crash kills four in Bosnia
  • Report finds LOT Airlines plane was lost over London due to pilot error
  • Indonesian police hand over Garuda Indonesia Flight 200 report to prosecutors
  • US B-2 bomber crash in Guam caused by moisture on sensors
  • Silverjet ceases operations and enters administration
  • Nine killed as Russian cargo plane crashes in Siberia
  • Boeing pushes back 737 replacement development
  • Airliner hijacker found working for British Airways
  • Five of six accused over 9/11 to be tried; charges against ’20th hijacker’ dropped
  • British Airways Flight 38 suffered low fuel pressure; investigation continues
  • Ex-head of Qantas freight operations in US jailed for price fixing
  • Search for Brazilian plane with four UK passengers called off after seven days
  • Spectator killed and 10 injured in German airshow crash
  • Japan Airlines fined US$110 million for price fixing
  • Indonesia angered as nation’s airlines all remain banned in EU airspace
  • Airbus parent EADS wins £13 billion UK RAF airtanker contract
  • Final report blames instrument failure for Adam Air Flight 574 disaster
  • Indonesia grounds Adam Air; may be permanently shut down in three months
  • Adam Air hits severe financial problems; may be shut down in three weeks
  • Alitalia conditionally accepts joint bid by Air France and KLM
  • One year on: IFALPA’s representative to ICAO, pilot and lawyer on ongoing prosecution of Garuda Indonesia Flight 200 pilot
  • Adam Air may be shut down after string of accidents
  • Five injured as Adam Air 737 overruns Batam island runway
  • Northrop Grumman and Airbus parent EADS defeat Boeing for $40 billion US airtanker contract
  • Garuda Indonesia Flight 200 pilot released on bail
  • Concern as Garuda Indonesia Flight 200 pilot arrested and charged
  • 16-year-old arrested over alleged plot to hijack US airliner
  • 2007 was particularly good year for aviation safety
  • No injuries after Antarctica research station support plane crashes
  • Indian Air Force jet catches fire and crashes after refuelling at Biju Patnaik Airport
  • Cathal Ryan, early board member and son of co-founder of Irish flag carrier Ryanair, dies at 48
  • Indonesia’s transport minister tells airlines not to buy European aircraft due to EU ban
  • Indonesian air industry signs safety deal ahead of EU ban review
  • Australia completes inquest for victims of Garuda Indonesia Flight 200
  • Five injured as Mandala Airlines 737 overshoots runway in Malang, Indonesia
  • Calls made for prosecution in light of Garuda Indonesia Flight 200 report
  • Four killed as helicopter escorting Pakistani President Pervez Musharraf crashes
  • Dozens killed in Congo plane crash, transport minister fired
  • Death toll in One-Two-Go crash reaches 90
  • American Airlines MD-80 engine fire prompts emergency landing
  • Aircraft crashes during mock dogfight at Shoreham Airshow, United Kingdom
  • Adam Air ticket sales revive after post-crash slump
  • Comair Flight 5191 co-pilot, pilot’s widow sue FAA, airport, chart manufacturer
  • Four Boeing 737’s found with similar fault to China Airlines plane; inspection deadline shortened
  • Pakistan test fires nuclear-capable cruise missile
  • Black boxes retrieved from lost Indonesian airliner after eight months
  • EU bans all Indonesian airlines as well as several from Russia, Ukraine and Angola
  • Indonesia shuts down 4 airlines and grounds 5 others over safety concerns
  • Scottish Criminal Cases Review Commission to review Pan Am Flight 103 conviction
  • European Union to fund scheme to reduce aircraft emissions and noise pollution
  • Air Independence and Libyan Airlines place orders for Bombardier aircraft valued at $190 million
  • Cessna to display seven aircraft and new cabin concept at Paris Air Show
  • Light plane flips over during landing at air show in Worcester, UK
  • Aeroflot negotiates purchase of 22 new Boeing 787 Dreamliner aircraft
  • Aer Lingus buys twelve new long-haul Airbus jets
  • NTSB announces safety recommendations to be made in aftermath of Comair Flight 5191 disaster
This Category ‘sub-page’ will display up to 500 articles which one of the project’s contributors has written on a specific topic.

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nJCuYQdn | Uncategorized | 07 15th, 2018 | No Comments »

Oil rig in Gulf of Mexico sinks after explosion; eleven missing

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Oil rig in Gulf of Mexico sinks after explosion; eleven missing

Friday, April 23, 2010

The oil rig Deepwater Horizon sank yesterday after an explosion Tuesday night that left eleven people missing.

According to an officer from the US Coast Guard, the rig sank sometime in the morning. The rig had caught fire after an explosion of unknown origin occurred two days ago. 115 of the 126 workers on board the time of the explosion have been rescued after evacuating in lifeboats, either by the Coast Guard or from other ships in the area.

The remaining eleven have not been located, although Coast Guard officials have expressed optimism that they are still alive.

The environmental impacts of the explosion and subsequent sinking of the rig are unclear. While up to 13,000 gallons of crude oil per hour has been released from the rig, until now, the effects have been considered minimal, as it had been burned off in the fire. That does have the potential to change, though, according to David Rainey, vice president of the lessor of the rig, BP. The rig, built in 2001 by Hyundai Heavy Industries was owned and operated by Transocean.

The rig was located roughly 50 miles southeast of the coast of Louisiana, and was under lease to BP since 2007. It was completing the construction of a new oil well, and was constructing a layer of cement in the well to reinforce it. This is considered dangerous, as it has the potential to produce an uncontrolled release of case, called a blowout. While the cause of the explosion has yet to be determined, a blowout is considered a possibility.

One survivor of the explosion, who declined to give his name, told the The New York Times that he was laying in bed when the explosion happened. “It caught me by surprise. I’ve been in offshore 25 years, and I’ve never seen anything like that,” he recalled.

Stanley Murray, the father of another survivor named Chad, an electrician, said: “My son had just walked off the drill floor.” However, Murray said that a neighbor did not make it in time, adding that his son told him that the missing eleven workers could not have made it out alive. “The eleven that’s [sic] missing, they won’t find them,” Murray said.

nJCuYQdn | Uncategorized | 07 13th, 2018 | No Comments »

Italy and France draw 1-1; Italy wins FIFA World Cup on penalties

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Italy and France draw 1-1; Italy wins FIFA World Cup on penalties

Sunday, July 9, 2006

Italy converted five immaculate penalties to win the 2006 FIFA World Cup after a drawn game and thirty minutes of extra-time in the spectacular arena of the Olympiastadion Berlin, Sunday.

French captain Zinedine Zidane did not help his team when, 20 minutes into extra time, he lost control of his emotions and got a red card after ramming his head into the chest of Italian player Marco Materazzi.

The game was closely contested with the play makers on both sides – Andrea Pirlo and Zidane, on his last game before retirement – not getting much space with which to dominate the play. For Italy and France Gennaro Gattuso and Claude Makelele tackled hard.

However; both creative midfield stars made important contributions to the only goals of the game. Zidane converted a chipped penalty after five minutes while Pirlo’s magnificent corner, a quarter of an hour later, thundered into the net off Marco Materazzi’s head.

Materazzi had previously conceded the penalty when he tapped Florent Malouda on his ankle as he ran past him in the penalty area.

In the first half Italy’s left and right defensive backs Gianluca Zambrotta and Fabio Grosso penetrated down the French flanks. But after the break France came out the strongest. The flow of the game was disrupted when Patrick Viera pulled-up injured and Marcello Lippi made two substitutions on the hour. A deadlock resulted as teams tired and individuals battled for every ball without thinking too hard about constructing team attacks.

Materazzi was never far from the action in the final and though Italy had 55 percent of ball possession was one of the busier players on the pitch. France were slightly more potent offensively with 13 shots – out-shooting the Azzurri by eight attempts.

In Extra Time France came closest to a goal – Zidane, unmarked, headed to goal from 12 yards but was tipped over one-handed by Gianluigi Buffon.

Zidane’s next contribution to the game was not so graceful and appeared to be sparked by the close marking of the ubiquitous Materazzi. After a verbal altercation the 34-year-old turned around and drove his head violently into the Italian’s upper chest.

Materazzi was knocked backwards on the floor but the incident occurred off the ball and was not immediately noticed by the referee or his assistants. Buffon soon ran out of his penalty area to an assistant referee and the game was stopped.

Horacio Elizondo ran to the touchline to consult with officials and returned waving a red card for the violent conduct of Zidane. It is likely FIFA used information from fourth and fifth official to confirm the decision. However FIFA denied video evidence claims alleged by France team’s coach Raymond Domenech[1].

The headbutt and red card was Zidane’s last action in football as he had said he would retire after the tournament.

A penalty shootout was necessary to decide the winner. Eight shots went in; David Trezeguet missed the one that mattered. His shot hit the crossbar and unlike Zidane’s penalty in the first half, bounced down inches the wrong side of the goal line.

While Zidane was hanging his boots up Marco Materazzi scored Italy’s third. Grosso, who in the second round had won a last minute penalty against Australia, powered in the fifth to give Italy the cup.

The only goal Marcello Lippi’s Italy conceded during free play in the tournament proved to be an own goal from Cristian Zaccardo against the United States of America.

Italy captain Fabio Cannavaro, on the occasion of his 100th cap, was instrumental in their defensive achievement. Amid wild scenes of joy on the pitch he jumped onto the podium and lifted the trophy, the fourth of Italy’s history.

Post match celebrations

Following the match the streets and plazas of Italy were filled with celebrating fans, with flags waving from thousands of cars and motorbikes.

Contents

  • 1 Final
  • 2 Penalties
  • 3 Formations
    • 3.1 France
    • 3.2 Italy
  • 4 Officials
  • 5 Related news
  • 6 Sources

nJCuYQdn | Uncategorized | 07 11th, 2018 | No Comments »