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Monday, May 14, 2018

On Friday, German beer company Eichbaum issued a public apology and said they have halted their marketing campaign of printing caps of beer bottles with flags of 32 countries participating in next month’s FIFA World Cup in Russia. Saudi Arabia’s flag printed on a beer bottle was condemned by many on social networking platforms.

Alcohol is banned in Saudi Arabia. It is considered haraam in Islam, meaning Muslims are prohibited from consuming alcohol. Saudi Arabia’s flag bears the Islamic shahada, or the creed “Kalimat al-Tawheed”, that is “There is no god but Allah, and Muhammed is the messenger of Allah” ^{((ar))Arabic language: ???? ?????? ?????? ???? ????????? ??????? ????}. Saudi Arabia’s embassy in Germany published a statement on Twitter saying printing the flag with shahada on beer beverage “constitutes a violation to the holiness of the word, an insult to the flag and a provocation against the feelings of Muslims”.

The Mannheim-based company, in their statement, said, “We have no interest in religious or political manifestations — certainly not about our products. If we have offended you unintentionally, we apologise.” Company’s marketing director Holger Vatter-Schönthal said, “We did not know that the characters were a creed. We have only checked whether the flags of the participants are correct.”

The marketing strategy was condemned by Saudi Arabia’s embassy in German capital Berlin. Eichbaum said they are trying to remove all the beer bottles bearing the Saudi Arabian flag.

Friday, May 21, 2010

Cyclone Laila packing winds of 110 kilometres per hour closed in on the east coast of India on Thursday as tens of thousands of people evacuated their homes, fearing major storm damage.

Laila hit the state of Andhra Pradesh as heavy rain and strong gales battered the coast, state authorities said at least 30,000 people had been evacuated from low-lying areas. The armed forces were drafted in to help the evacuation efforts after Andhra Pradesh’s chief minister, K. Rosaiah, called Prime Minister Manmohan Singh to request extra assistance.

The Indian Meteorological Department graded the cyclone as “severe”, and said it was due to hit land near the city of Machilipatnam after moving from its current position 100 kilometres (62 miles) off the coast in the Bay of Bengal.

The department’s latest warning said a “storm surge” of up to two metres above the regular tide was likely to inundate parts of Andhra Pradesh. It said large trees were likely to be uprooted, houses damaged and escape routes from the coast flooded. All fishermen were ordered to stay on shore due to “very rough” sea conditions, and the Asian Tribune said Reliance Industries had suspended crude oil and gas production in the Bay as a precaution.

The agency said 40,000 people had been evacuated from hundreds of coastal villages, while some air flights and train services were also affected. State disaster officials said that besides existing cyclone shelters, schools and community halls were serving as relief camps to evacuees.

Three people were killed when a shed collapsed during heavy winds in Andhra Pradesh, while a fisherman drowned in rough sea in neighbouring Tamil Nadu state. Local unconfirmed reports put the total death toll at between 14 and 17.

India and Bangladesh are hit regularly by cyclones that develop in the Bay of Bengal, causing widespread damage to homes and fields. Last May, Cyclone Aila tore through southern Bangladesh killing 300 people and destroyed 4,000 kilometres of roads and river embankments, leading to major flooding.

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Thursday, September 20, 2007

The U.S. economy and its currency as an instrument of world trade has suffered a series of major setbacks in recent months. Some analysts say that the Federal Reserve‘s September 18^th dramatic rate cut to 4.75% from 5.25% may be a case of “too little, too late”, or that it was excessive and dooms the dollar.

Today, Saudi officials declined to cut interest rates in lockstep with the US Federal Reserve for the first time in decades. According to Ambrose Evans-Pritchard, International Business Editor for The Daily Telegraph, “it’s a signal that the oil-rich Gulf kingdom is preparing to break the dollar currency peg in a move that risks setting off a stampede out of the dollar across the Middle East.”

Hans Redeker, the Currency Chief at BNP Paribas, also stated today that Saudi Arabia’s move to not adjust their own interest rates in sync with the Fed’s cuts is a very dangerous situation for the US dollar. Redeker points out that “Saudi Arabia has $800bn (£400bn) in their future generation fund, and the entire region has $3,500bn under management. They face an inflationary threat and do not want to import an interest rate policy set for the recessionary conditions in the United States.”

Saudi central bank officials said that “appropriate measures” would be taken to stop the large capital inflows into the country. The Federal Reserve’s half-point rate cut has already caused a plunge in the world dollar index to a fifteen-year low, reaching the weakest level ever against the Euro at just under $1.40.

The Fed hopes that by making it cheaper to borrow, people will start spending and investing more. However, some analysts fear the cut will worsen inflation, making it harder to get personal loans, and further decrease confidence in the dollar around the world. There are already signs that global investors have started rejecting U.S. Treasury securities, and recent U.S. government data on foreign holdings show a decline in purchases of US securities from $97bn to just $19bn in July.

In response to Ben Bernanke‘s statements today about a potential mortgage and housing market crisis, CNN anchor Wolf Blitzer said, “If adjustable mortgage rates go up, people may not be able to afford their mortgage payments.” Former Federal Reserve chief Alan Greenspan said earlier this week that housing prices may fall by “double digits” as the subprime crisis bites harder, prompting households to cut back sharply on spending.

Jim Rogers, the economic commentator and former partner of George Soros, stated, “If Ben Bernanke starts running those printing presses even faster than he’s already doing, we are going to have a serious recession. The dollar’s going to collapse, the bond market’s going to collapse. There’s going to be a lot of problems.”

In recent months, the U.S. dollar has taken several other significant hits including Kuwait’s decision in May to also break its dollar peg, and threats by China to interfere with the U.S. economy, calling it their nation’s “nuclear option”. According to public sources, the Chinese government has begun a concerted campaign of economic threats against the United States, hinting that it may liquidate its vast holding of US treasuries if Washington imposes trade sanctions that seek to force a Yuan revaluation.

Saturday, April 17, 2010

Journalist, counselor, painter, and US 2012 Presidential candidate Joe Schriner of Cleveland, Ohio took some time to discuss his campaign with Wikinews in an interview.

Schriner previously ran for president in 2000, 2004, and 2008, but failed to gain much traction in the races. He announced his candidacy for the 2012 race immediately following the 2008 election. Schriner refers to himself as the “Average Joe” candidate, and advocates a pro-life and pro-environmentalist platform. He has been the subject of numerous newspaper articles, and has published public policy papers exploring solutions to American issues.

Wikinews reporter William Saturn? talks with Schriner and discusses his campaign.

Sunday, July 8, 2007

Since last Tuesday, following violent confrontations with Pakistan’s army, up to 1800 clerics and students are still holed up in Islamabad’s Red Mosque. Clashes began last week following mounting antagonism between the mosques hard-line leaders and the government lead by President Pervez Musharraf.

The mosque has been accused of enforcing its own Islamic law in the capital, notably the illegal detention of Chinese foreign nationals working in massage parlors.

20 people have been reported killed over the past six days, which have seen multiple gun battles and demolition of the mosques exterior walls. Currently, there seems little chance of a negotiated resolution. A delegation of Islamic leaders were refused access, and the mosques leader Abdul Rashid Ghazi has declared suicide a favourable option to surrender.

The mosques leaders follow the Hanafi school of thought, believing that the Koran is the authority by which justice should be metered. Historically the mosque has had close links with the Pakistan leadership, and members of the current administration have resisted calls for a crackdown on the mosques provocative behaviour.

The stand-off represents a decisive ideological challenge to the president who is walking a fine-line between Islamic extremists at home and foreign pressure to crack-down on militancy in the lawless tribal regions.

Saturday, March 26, 2005

Beijing’s city legislature has approved a bill, one year in the making, to safeguard the historical and cultural heritage of old Beijing. The new 41-article set of regulations will come into effect May 1, requiring the city to protect listed heritage sites and unlisted sites deemed of historical or cultural value. It also guarantees protection for the area within the city’s Second Ring Road.

Director of the Beijing Administrative Bureau of Cultural Heritage, Mei Ninghua, said “the most encouraging content of the regulations is that Beijing will pay more attention to protecting the old city’s landscape in its entirety, rather than just focussing on scattered heritage sites.” This means the old city layout, colours of buildings, and the names of houses and lanes will have legal protection.

“We took measures to protect the city’s siheyuan courtyard houses by tagging protection plates on more than 650 of them in 2003, preventing them from being demolished or damaged during the city’s massive housing reconstruction projects,” said Mei.

“Now the new regulations give legal buttress to the protection of siheyuan courtyard homes, as well as other unmovable ancient treasures, that have yet to be listed but are at risk of being demolished during urban renovation.”

Modern Beijing, capital of China for 850 years, was built by Mongul Emporer Kublai Khan in 1267 AD. In the vicinity of the current city once was Ji (?), the capital of the State of Yan (?), a power of the Warring States Period – but it has been lost in the mists of time.