Monday, March 17, 2008

Indonesian budget airline Adam Air has been given a three-week ultimatum by the authorities to prove its economic stability or its license will be revoked, said Transportation Minister Jusman Djamal. This is because major financial difficulties have become apparent today, with two major shareholders pulling out of the company.

PT Global Transport Service (GTS) and Bright Star Perkasa, who between them own a 50% stake in the company, have decided to sell back all their shares to their original owners, who control the other 50%. These are the family of founder Adam Suherman and Sandra Ang.

The companies invested in the airline last year, when the company was struggling after the New Year’s Day disappearance of Adam Air Flight 574 with 102 on board. The Boeing 737 (B737) was ultimately determined to have crashed into the sea near Sulawesi, and all on board are presumed dead. Shortly afterwards, Adam Air Flight 172, another B737, snapped in half during a hard landing, but held together preventing fatalities. These were not the first serious accidents for the company, as in February 2006 Flight 782 became lost for several hours after navigation systems failed and the plane entered a radar blackspot, forcing a subsequent emergency landing many miles from the intended route. The given reasons for the withdrawal are a lack of improvement in safety and financial irregularities.

The company has now also defaulted on debt payments to aircraft lease firms, resulting in 12 of their 22 planes being seized, and has cut the number of routes served from 52 to 12. The remaining ten planes are also in default and at risk of seizure. Adam Air owes leasing companies US$14 million compared to free capital of $4.8 million of free capital. They have agreed to buy back shares gradually for $11 million (100 billion rupiah), $6 million less than the investment firms paid for them. The cost difference will be borne by Harry Tanoesoedibyo’s family, the founder of PT Bhakti Investama, of which GTS is a wholly owned subsidiary. The companies have also lost 157 billion rupiah worth of investment in the company since the April 2007 deal. 9,325 Rupiah are currently worth US$1.

GTS director Gustiono Kustianto said that “Since we joined, our priority has been safety” but that Adam Air’s management had been unresponsive to pressure from the new investors to improve its poor record. Last weeek another company B737 shot off the runway during landing, damaging the plane and injuring five.

Lawyer Marx Andryan of Hotman Paris Hutapea, representing the investment firms, said they have documents proving the company has not adequatly seen to pilot recruitment, maintenance and insurance.

Suherman said “We have defaulted and the investors have done nothing about it. We’ll continue to operate as long as we have planes,” adding that there are no current plans to declare bankruptcy.

“Out of 22 planes, now we only have 10 because 12 of them have been declared in default. The other 10 have been declared in default as well, but I’m still trying to work out a way to restructure the payments,” he told Reuters. He went on to say that a cash injection is required, and that “There is a possibility starting on March 21 Adam Air will temporarily cease operations until there is a decision from the shareholders regarding the insurance premium.”

Saturday, December 9, 2006

The International Federation of Netball Associations (IFNA) has stripped the rights from Fiji to host the World Netball Championships in 2007 because of the military coup that took place on December 5.

The Netball Championships were to take place between 10 July and 21 July, 2007 at Fiji’s capital, Suva.

IFNA president, Molly Rhone, said: “It is deeply regretted that we have had to take this decision, recognising the hard work that has been done by the Organising Committee in preparing to host their first senior World Championships.”

“We know that many supporters around the world were looking forward to this great sporting event in Fiji,” Ms Rhone said.

Alisi Tabete, president of Fijian netball, said that today is a very sad day for sports and that they had wasted many years preparing to host the championships. “We had been working on this event from 1999 and right now I am trying to reason with myself as to why the championships has been lost and just thinking ‘what if’.”

“We have to think positive and am still thankful that we had been given a chance for the champs,” Ms Tabete said.

The IFNA is yet to announce a replacement venue for the games. Ms Rhone said: “IFNA will now be working assiduously to find a new venue to host the Championships.”

Sunday, April 1, 2007

A magnitude 8.1 undersea earthquake triggered a tsunami that has killed at least fifteen people, including six children, in the Solomon Islands. Tsunami warnings have been issued for parts of Australia as well.

According to the US Geological Survey, the magnitude 8.0 quake struck Sunday, April 1, 2007 at 20:39:56 (UTC) about 45 km (25 mi) south-southeast of Gizo, New Georgia Islands, Solomon Islands, at a depth of 10 km.

Saturday, June 20, 2009

For the past ten years, the United States Environmental Protection Agency (EPA) has been overseeing the asbestos clean-up in the small town of Libby, Montana, which has been on the EPA’s Superfund National Priorities List since 2002.

On Wednesday, the Obama administration declared Libby and the immediate area a “public health emergency”. Under this state of emergency the EPA is increasing clean-up assistance and medical care. According to federal prosecutors, asbestos has taken 200 lives and is the root cause of at least 1,000 illnesses in the surrounding area.

“This is a tragic public health situation that has not received the recognition it deserves by the federal government for far too long,” according to EPA Administrator Lisa P. Jackson.

In the 1920’s The Zonolite Company began producing vermiculite, a mineral that is often used in insulation. Between 1963 and 1990, W.R. Grace & Company took over the mine operations. Tremolite asbestos was discovered in the vermiculite product. A study conducted by the Agency for Toxic Substance and Disease Registry discovered that the incidence of asbestosis in the population of the mine site area is far higher than the national average.

Airborne asbestos exposure can lead to mesothelioma, a cancer which develops in the sac surrounding the lungs and chest cavity, the abdominal cavity, or the sac surrounding the heart. Prolonged exposure can lead to lung scarring, asbestosis, and lung cancer. Patients diagnosed with malignant mesothelioma generally are left with six months to a year before death.

The tremolite dust from the mine began leaking into the air from the plant in 1919. This resulted in a hazy asbestos dust cloud covering lawns, cars, clothing, and school athletic fields, creating an issue that citizens of Libby had to deal with on an everyday basis. The large amount of dust gave the impression of the aftereffects of a light sandstorm.

W. R. Grace and Company did not deny that asbestos was found contaminating the vermiculite in the old mine. They said they proceeded in a responsible manner to clean up contamination following the mine closure. Grace will reimburse the EPA for US$250 million of the US$333 million that the EPA and the Department of Health and Human Services has set aside for medical expenses and asbestos clean-up. This money will be invested over the next five years, and does not include the millions in medical costs already footed by the company for residents of Libby and the nearby town of Troy.

“Today is the day that after years of work we were able to succeed in getting this [emergency declaration] done,” Senator from Montana Max Baucus said, speaking at the EPA press conference. “We will continue to push until Libby has a clean bill of health.”

Thursday, July 29, 2010File:Loya7.jpg

A Tennessee politician has been criticised by Islamic groups and Islamic leaders by suggesting that Islam is a cult and is therefore ineligible for protection under the first amendment of the United States constitution, which guarantees freedom of religion.

Though Tennessee Lieutenant Governor Ron Ramsey, at a campaign stop in Chattanooga earlier in the month, said he’s “all about freedom of religion”, he also said that “[y]ou could even argue whether that being a Muslim is actually a religion, or is it a nationality, way of life, cult or whatever you want to call it”.

Lt. Gov. Ramsey had been asked about a proposed Islamic mosque and community centre that has been slated for construction in the town of Murfreesboro, Tennessee, and also about the “threat that is invading our country from Muslims”.

Ramsey’s comments have been scrutinized by groups all over the country, while Ramsey’s rivals for the lieutenant governor position tried to avoid the controversy.

Ibrahim Hooper, national communications director of the Council on American-Islamic Relations, called Ramsey’s remarks “part of an unfortunate trend in our society” and part of “a disturbing trend in our nation in which it is suggested that American Muslims should have fewer or more restricted constitutional rights than citizens of other faiths.” Hooper also encouraged Ramsey to find people “who can offer him balanced and accurate information about Islam.”

Ramsey’s Republican rivals, U.S. Representative Zach Wamp and Knoxville Mayor Bill Haslam, both tried to avoid the controversy about the cult comments. According to campaign spokesman Sam Edelen, Wamp declined to comment as he was “busy with voting”. Meanwhile Bill Haslam’s campaign spokesman Dave Smith stated in an e-mail that “The mayor’s faith is very important to him, and he respects the right of others to practice their faith, so long as they are respectful of the communities in which they live and the laws of the land.”

Later, Ramsey clarified his position by stating that he has “no problem — and I don’t think anyone in this country has a problem — with peace-loving, freedom-loving Muslims that move to this country and assimilate into our society.” However, Ramsey said he’s concerned that “far too much of Islam has come to resemble a violent political philosophy more than peace-loving religion. It’s time for American Muslims who love this country to publicly renounce violent jihadism and to drum those who seek to do America harm out of their faith community.”

According to the Council on American-Islamic Relations, there are 1.2 billion Muslims in the world and 7 million in the United States. The U.S. Religious Landscape Survey by the Pew Forum on Religion & Public Life has stated that there are 63,000 Muslims in Tennessee, or 1% of that state’s population.