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Tuesday, October 8, 2013

Unlike some parts of the US Federal Government, the Consumer Financial Protection Bureau (CFPB) has been open during the federal government shutdown and recording a record-low number of complaints submitted by consumers against mortgage companies, credit card companies, student loan providers, banks, money transfer providers, companies who provide credit reports, and other companies providing consumer loans.

With data not available for yesterday, the first four days of the shutdown had daily totals of 37, 16, 13, and 3 complaints. With the exceptions of September 29 with 15 complaints and September 28 with 23, it is the lowest daily total since March 16 of this year when 36 total complaints were recorded and February 23 of this year with 14. The total complaints are also down from the same dates last year, when the total complaints per day for the first four days of October 2012 were 272, 298, 288, and 225.

Of the 69 filed complaints recorded so far this month, 27 were complaints about mortgage companies, 21 were about bank accounts and 10 were about credit card companies. 40% of credit card companies complaints, 42.9% of bank account complaints and 48.1% of mortgage complaints are currently listed as still in progress. Most of the rest have been closed with an explanation.

Bank of America leads all companies in terms of total complaints filed this month with 9. Bayview Loan Servicing, LLC andJPMorgan Chase have 7 complaints each. Ally Bank, Sovereign Bank, and Wells Fargo have 4 each. Flagstar Bankand Equifax have 3 each. Citibank, Nationstar Mortgage, TD Bank, Amex, and FirstMerit Bank have 2 complaints each. 18 financial services companies have 1 complaint each filed against them.

During the government shutdown, some CFPB staff have voiced their opinions on Twitter. Dan Munz, deputy assistant director for consumer engagement at the CFPB, tweeted, “Boy, shutdown week has really created a sudden bumper crop of amateur federal management experts.”; “Also, seems like Boehner is singlehandedly undoing whatever progress he’d made in portraying this as a Dem [Democratic Party] shutdown.”; and “Basically, there’s now a strong incentive to fill legislation with minor symbolic things you can bargain away later to protect the core.”

The agency has been able to stay open during the government shutdown because it is funded by the Federal Reserve. According to Amanda Terkel at the Huffington Post, Republican members of the United States House of Representatives have put closing the CFPB on their wish list of items in negotiating for a new debt ceiling limit. Party members have previously stalled the appointment of Richard Cordray as the CFPB boss as a way of hindering it from engaging in oversight of financial organizations in the the US.

Friday, January 25, 2008

A fire has been confirmed at The Monte Carlo Resort and Casino in Las Vegas, Nevada in the United States.

Reports say the fire, which was reported at about 11:00 a.m. (Pacific Time) began in the top center of the hotel and quickly spread to the top five floors, burning a large section of the roof and facade. Flames were seen shooting out of the top of the hotel. Also visible was a plume of black smoke which according to witnesses, was visible for many miles.

At least three fire companies responded to the scene and quickly began to extinguish the fire. As of 12:00 p.m., the fire was nearly contained. The Strip has been closed off in front of the hotel while firefighters continue to fight the blaze.

All guests have been evacuated from the hotel with no injuries reported. The hotel has 3,002 guest rooms, 211 suites and is 32 stories high.

The cause of the fire is not known and is being investigated.

Tuesday, October 9, 2007

2007 the 33rd Taipei International Electronics Autumn Show (TAITRONICS Autumn), organized by Taiwan External Trade Development Council (TAITRA) and Taiwan Electrical and Electronic Manufactorers’ Association (TEEMA), started on October 9 -13 at Exhibition Hall 1 and 3 of Taipei World Trade Center (TWTC), and inconjunction with Taiwan International RFID Applications Show (RFID Taiwan) at TWTC Hall 3 and Taiwan International Photovoltaic Fourm & Exhibition (PV Taiwan) at Taipei International Convention Center (TICC). With the 3-in-1 combination, TAITRA and TEEMA hoped this show will integrate upper and lower companies of electronic manufacturers and companies in Taiwan.

This 3-in-1 show is mainly focused on electronics parts and components, RFID solutions, photovoltaic products, and medias on electrical industry. About 1000 exhibitors exhibited with 2100 booths at TWTC Hall 1 & 3 and TICC. In the theme pavilion section, iF Design Award in Hanover Fairs set “iF Design Pavilion” with lots of awarded 3C products in Taiwan first time, also, Industrial Technology Research Institute (ITRI) showed their solutions on home entertainment such as 3D LCD wide screen display and game projector.

Not only ITRI and iF Design, TAITRA and TEEMA also set “Taiwan Innovalue and Branding Taiwan”, “Product Certificates and Testing”, “Cross-Strait Electrical Products”, “Security Products”, and “Broadband Communications” pavilions at this exhibition.

With those pavilions, TEEMA also held lots of seminars and forums on Bluetooth technology, electrical industry, testings and certifications, and International Electrotechnical Commission Quality (IECQ) system. Furthermore, CARTS Asia 2007 is the most welcomed seminar by buyers and exhibitors.

According to TAITRA, this 3-in-1 exhibition opened daily from 9 a.m. to 5 p.m. at October 9 to 13, PV Taiwan forum and exhibition will be held only two days on October 11 and 12. For the quality and security issue, minors under 18 ages are not permitted to enter the showground.

Saturday, November 4, 2006

On November 13, Torontonians will be heading to the polls to vote for their ward’s councillor and for mayor. Among Toronto’s ridings is Don Valley East (Ward 33). One candidates responded to Wikinews’ requests for an interview. This ward’s candidates include Zane Caplan, Shelley Carroll (incumbent), Jim Conlon, Sarah Tsang-Fahey, and Anderson Tung.

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

Tuesday, February 26, 2008

In New South Wales today, thousands of people joined a protest including 15 Labor Members of Parliament about the State Government’s plans to privatise the electricity industry.

The MPs included Paul Gibson, Upper House president Peter Primrose, and former MPs Kerry Hickey and Grant McBride.

Mr Gibson was reported as saying, “I’m a member of the Australian Labor Party and I’m sticking to the Labor platform and policy.”

The Government seems to have ignored the positions of the protesters, with Premier Morris Iemma expressing to the first sitting of Parliament for 2008 that his Government’s plans would proceed.

Related instances in Tamworth occurred, when workers in the Electricity Trade Union walked off the job.

Friday, July 1, 2011

Hundreds of thousands of British public sector workers went on strike across the country yesterday to protest planned changes to pensions. As industrial action swept the country, half of all schools were hit when teachers walked out, thousands of emergency service responders did not arrive at work, and there were warnings of immigration delays at Heathrow airport.

Police arrested 26 people as protesters picketed on a march in London, and riot police kettled demonstrators as clashes broke out. Reports vary, but it is thought that up to half of British state schools have been affected as employees did not turn up to work.

Mark Serwotka, the leader of the Public and Commercial Services Union (PCS), said the strikes would serve as a “wake-up call” to the coalition government. “It’s a very, very clear signal to the government that they have been rumbled,” Serwotka said. “This is not about pensions, this is about making public sector workers pay for the economic problems, and we are determined to keep going until they change direction.”

Government officials condemned the strike and said the planned changes to pensions, which would see teachers work until age 68 and get less from their pensions, were “fair to taxpayers” as Britain attempts to deal with a large budget deficit. A spokesperson for Downing Street insisted the strike was having a “minimal” impact and said the turnout suggested many public sector workers supported the pension changes.

Christine Blower, the general secretary of one of the striking unions, the National Union of Teachers (NUT), said the strike demonstrated “the anger and distress that this government is causing teachers.” She said the “unjustified attacks” on the pensions of teachers “are nothing short of disgraceful.” Speaking on BBC television programme Question Time, she added: “Much of this has already been imposed on teachers without negotiation, and when we say there are talks going on it’s perfectly true that the government is talking but it isn’t actually listening.”

But despite government claims that the strike was having little impact, 5,679 schools were closed and another 4,999 were affected as teachers did not turn up for work. Michael Gove, the education secretary attacked the walkouts as “disappointing and unnecessary”. Thousands of staff handling emergency 999 calls also striked and pickets were held outside courts as members of the PCS walked out in protest.

Francis Maude, the cabinet office minister, also maintained that the strikes were wrong and said the low number of people walking out showed many supported the government’s plans. “What today has shown is that the vast majority of hard-working public sector employees do not support today’s premature strike and have come into work today,” he said.

Senior Labour party figures including Ed Miliband, Tessa Jowell and John Denham said the strikes were unjustified until negotiations with the government had concluded. Mary Bousted of the NUT criticised Labour’s lack of support for the striking workers: “The response of Ed Miliband has been a disgrace – he should be ashamed of himself. If our strike is a mistake, what has he done to oppose this devastating attack on our pensions? If the opposition will not defend our pensions, we will.”

A largely peaceful march by 30,000 protesters took place through London, and the atmosphere was reported to be largely peaceful, but Metropolitan Police officials said 26 people had been arrested. At a meeting in Westminister, many left wing figures attacked the government plans. Ken Livingstone, a former mayor of London who is running for the job again next year, said the coalition government had “mishandled” the issue of pensions. “The government must end its attacks and negotiate on the core issues under contention,” he added.

Wednesday, June 2, 2010

The Supreme Court in Lausanne, Switzerland has ruled that Texas hold ’em poker is a game of luck, rather than a game of skill. As a result, only casinos can host poker tournaments in Switzerland. Private games with friends, even where money is at stake, are still permitted under the ruling.

Poker tournaments had been growing in popularity in the country, with many events held in hotels and bars. Such venues do not have to pay the 50% tax on profits levied on licensed casinos, nor comply with regulations combating money laundering and gambling addiction. Poker is now categorised alongside roulette and slot machines, which as games of luck can only be played inside casinos. Mathematics, strategy, and bluffing were less important in determining the result than chance, said the judges, overturning a lower court ruling to the opposite effect, and disagreeing with the stance of the country’s Federal Gaming Commission.

Before the ruling, it had been estimated by the Swiss Federation of Casinos that there were about 100 unlicensed poker tournaments every weekend. A Swiss poker website, SwissPokerTour.ch, has described the result as “a black day for all amateur poker players in Switzerland.”