Wikinews interviews 2020 Melbourne Lord Mayor Candidate Wayne Tseng

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Wikinews interviews 2020 Melbourne Lord Mayor Candidate Wayne Tseng
This article mentions the Wikimedia Foundation, one of its projects, or people related to it. Wikinews is a project of the Wikimedia Foundation.

Thursday, October 22, 2020

2020 Melbourne Lord Mayor candidate Wayne Tseng answered some questions about his campaign for the upcoming election from Wikinews. The Lord Mayor election in the Australian city is scheduled to take place this week.

Tseng runs a firm called eTranslate, which helps software developers to make the software available to the users. In the candidate’s questionnaire, Tseng said eTranslate had led to him working with all three tiers of the government. He previously belonged to the Australian Liberal Party, but has left since then, to run for mayorship as an independent candidate.

Tseng is of Chinese descent, having moved to Australia with his parents from Vietnam. Graduated in Brisbane, Tseng received his PhD in Melbourne and has been living in the city, he told Wikinews. Tseng also formed Chinese Precinct Chamber of Commerce, an organisation responsible for many “community bond building initiatives”, the Lord Mayor candidate told Wikinews.

Tseng discussed his plans for leading Melbourne, recovering from COVID-19, and “Democracy 2.0” to ensure concerns of minorities in the city were also heard. Tseng also focused on the importance of the multi-culture aspect and talked about making Melbourne the capital of the aboriginals. Tseng also explained why he thinks Melbourne is poised to be a world city by 2030.

Tseng’s deputy Lord Mayor candidate Gricol Yang is a Commercial Banker and works for ANZ Banking Group.

Currently, Sally Capp is the Lord Mayor of Melbourne, the Victorian capital. Capp was elected as an interim Lord Mayor in mid-2018 after the former Lord Mayor Robert Doyle resigned from his position after sexual assault allegations. Doyle served as the Lord Mayor of Melbourne for almost a decade since 2008.

Retrieved from “https://en.wikinews.org/w/index.php?title=Wikinews_interviews_2020_Melbourne_Lord_Mayor_Candidate_Wayne_Tseng&oldid=4598699”

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G20 agrees to avoid currency war, also agrees to reduce trade imbalances

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G20 agrees to avoid currency war, also agrees to reduce trade imbalances

Tuesday, October 26, 2010

The Group of 20 (G20) of the world’s leading developed and developing countries’ finance ministers agreed on Saturday to pursue a plan that would avoid dangerous currency devaluations and would also would attempt to reduce trade imbalances. The plan was introduced by the United States, and the G20 meeting was held in South Korea.

The plan was announced amid rising worries of a “currency war” that would lead to devalued currencies in order to get an export advantage and would damage the global economy. “Our cooperation is essential. We are all committed to play our part in achieving strong, sustainable and balanced growth in a collaborative and coordinated way,” a statement released by the G20 said.

On the topic of trade imbalances, the G-20 stated that “excessive imbalances” would be “assessed against indicative guidelines to be agreed.” This statement was weaker than a commitment proposed by United States Treasury Secretary Timothy Geithner, which would keep trade imbalances “below a specified share” of GDP for the next few years. This proposal was met with strong opposition from export-based economies such as Japan, whose Finance Minister Yoshihiko Noda argued that specific targets were “unrealistic”, but approved of unspecific “guidelines”. He added: “There are many perspectives on the current account issue. Every country has a different situation when it comes to surpluses and deficits. So we need to study this carefully.”

The United States said that they will continue to push for numerical targets and specific time frames at next month’s South Korean summit, where the heads of state of the G20 will convene. “If the world is going to be able to grow at a strong, sustainable pace in the future . . . then we need to work to achieve more balance in the pattern of global growth as we recover from the crisis,” US Treasury Secretary Geithner declared. The finance ministers also set China on the track to floating its currency more, and overhauling the International Monetary Fund (IMF) to give more representation to developing powers such as China and India.

The G20 was created in 1999, includes both developed and developing countries, and represents 85% of the world’s economy. The G20’s heads of state will meet in Seoul, South Korea, next month.

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The Benefits Of Using The Credit Risk Scorecard

Submitted by: Sam Miller

Financial institutions have used credit risk scorecards to measure the performance of credit companies in handling credit risks. These scorecards can be acquired from credit risk vendors. These vendors have developed scorecards to be used in the lending industry. However, in-house credit risk scorecards have increasingly replaced the credit risk scorecards obtained from outside sources. The advancement in technology has helped in the development of credit risk scorecards within the lending company.

The advantages that come with in-house credit risk scorecards are that they can be developed inexpensively and faster. Because the scorecard is developed within the entity for its own use, there is more flexibility in its creation.

Advancement in software applications is among the factors that lead to the shift to internal scorecard development in the assessment of credit risks in lending companies. Many individuals have become knowledgeable in using software and information technology products. Moreover, software applications have become more readily available. Companies may no longer have to invest heavily in infrastructures. Outsourcing has become a norm in many companies as well. Instead of hiring advanced programmers to do the job, these software applications have become user-friendly that it would only require short-term training for the user to know and develop scorecards.

[youtube]http://www.youtube.com/watch?v=Qlfu6uK7DkQ[/youtube]

Advances in the form of data storage have lessened the burden of compiling the necessary data into one area for storage subject to analysis. Moreover, lending companies have also realized that it is more advantageous developing the credit risk scorecard internally because of expertise in the credit field. The knowledge of companies developing their internal scorecards leads to the development of better performing credit risk metric.

The credit risk scorecard is seen as a mathematical model designed to assess the risks that come with extending debt instruments and derivatives. This is used to quantify the credit risk and to be able to determine the amount of capital to be held in reserve so that the lending company can keep its solvent state and financial stability.

Credit risk refers to the risk of loss from the default of payment of the debtor. This risk is inherent in lending companies. Statistical data have been utilized in assessing the credit risk. The credit score and credit rating can be seen as tools to measure the credit risk of a certain borrower.

There are two types of metrics to be integrated into the credit risk scorecard. These are Expected Loss and Economic Capital. Expected loss is the probable amount of losses per period a credit company must anticipate. On the other hand, economic capital is the measure of the resources that a credit company must allocate to cover the losses.

Determining the quality of the borrower to default a loan payment is a responsibility of the lending institution. The ability of the lending company to measure credit risks brings improvement to the risk management capability of the company.

Credit risk scorecard is a tool used in credit risk management, which is also a system lending companies employ to measure the level of credit risks so as to determine the amount of capital to be held in reserve.

About the Author: If you are interested in

credit risk scorecard

, check this web-site to learn more about credit risk metric.

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Google Taiwan: Building knowledge sharing center-stage with innovations

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Google Taiwan: Building knowledge sharing center-stage with innovations

Tuesday, December 25, 2007

Last Tuesday in Taipei, Google Taiwan held an annual summary press conference named “Collective Intelligence & Innovation” (In Chinese: ?????????). With many products had already been presented to the public like wikis, blogs, and photo albums in the Web 2.0 era, Google served to provide lots of services like Google Apps, Google Maps and YouTube with suitable versions in Taiwan differing other countries this year.

Global Deputy Director of Google Kai-Fu Lee said: “The contents on the Internet were mostly limited with some copyright issue in the past, but after many products in the Web 2.0 era are presented, several contents are progressively released and opened to the public in the presence. As those factors, we [Google] hope developers in Taiwan can develop useful tools for local people to apply with people’s life.”

“In order to change minds in public, we [Google] conjoined some required elements into people’s life, and services on iGoogle in Taiwan are progressively more and newer because of the improvements of developers. We hoped a simple service can be multiplied with releases of useful and functional tools,” he also said.

Also in this conference, the Engineering Director of the Google Taiwan R&D Center Li-feng Chien also announced the achievements on the “Google Taipei Developers’ Day” and invited developers named Chi-pao Hu and Yi-ru Lin to share some actual applications on iGoogle.

Retrieved from “https://en.wikinews.org/w/index.php?title=Google_Taiwan:_Building_knowledge_sharing_center-stage_with_innovations&oldid=738670”

Posted: May 25th, 2022 by Admin

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New Jersey woman identified after fifteen years in psychiatric home

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New Jersey woman identified after fifteen years in psychiatric home

Sunday, March 22, 2009

A Jane Doe who had been living in a New Jersey psychiatric home for 15 years has finally been identified.

The 74-year-old woman, who has been staying at a Hunterdon County psychiatric hospital since she was found wandering lost and disoriented in Woodbridge Township in 1994, has been identified as Elba Leonor Diaz Soccarras.

The state New Jersey Department of Human Services Police has been searching for the identity of Soccarras for years. She was found well-dressed and clean, but alone and with no memory, at the Woodbridge Center mall in Middlesex County with no identification in her purse.

After receiving multiple tips in response to newspaper stories about the woman, Human Services Police Lt. Eduardo Ojeda said the department was able to slowly piece together fragments of information until her identity was confirmed.

Police have still not determined how she ended up at the mall alone or why nobody reported her missing. Authorities will later determine whether a criminal investigation is necessary.

According to The Star-Ledger, Soccarras has said the name “Elba Leonor Soccarras” during her brief stint at the Marlboro Psychiatric Hospital, but no records of the name could then be found, and Malboro officials could not be sure it was her real name due to her deteriorating condition.

Soccarras previously worked at various factories making dolls, dresses, and blouses. She never married, and had one daughter, who refused to comment to media outlets.

In the late 1980s, her health began to decline and she was evicted from her home, and began frequently wandering the streets and other locations, the Star-Ledger reported.

Retrieved from “https://en.wikinews.org/w/index.php?title=New_Jersey_woman_identified_after_fifteen_years_in_psychiatric_home&oldid=3130784”

Posted: May 25th, 2022 by Admin

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Many Uses For Self Storage Units

Submitted by: Adrianna Notton

There are so many reasons why people need a self storage unit. Storage units are convenient when you have items that you may only need to use now and then. Other people simply have too much stuff and don’t know where else to put it in the house.

Self storage units are also great for that temporary move between homes. Many people may have to temporarily move into a smaller place before finalizing a home sale or when they are building their own home. The storage unit can keep their things safe until the are ready to move into their new homes.

College students also find storage units handy to keep their stuff safe while they are away for the summer. It’s a lot easier and probably cheaper for college students to store their stuff instead of spending the money moving it back home.

Contractors might also find great use for self storage units. It’s a great way to store all of their equipment and materials when in between jobs. Some contractors might consider several units across various parts of town to cut down on drive time and get their jobs done faster.

The are many amenities that storage places offer to their customers, and the prices will vary depending on the amenities and size of the unit that is needed.

[youtube]http://www.youtube.com/watch?v=2zK5JmGZ8QQ[/youtube]

Climate Controlled

Some items are just too valuable not to be stored in a climate controlled unit. Climate controlled units protect your possessions from heat and humidity, which can ruin just about anything. Climate controlled units will be more expensive than non-climate controlled units, so only store items in climate controlled units if you absolutely need to.

Access

Some storage units offer 24 hour access to the units while others are only open during normal business hours. Other units will have gate access, either 24 hours or during normal hours. Determine the times you will need your items to figure out what type of access you should choose.

Security

In addition to access gates, storage places may also have door access that is controlled with a keyed entry pad. This prevents people that don’t patronize the storage unit from entering. Security cameras may also be important to some people when choosing a storage unit.

Other Items

Choose storage units that offer the small things for free, like the use of dollies and furniture carts. Some places offer boxes, blankets, packing materials and more for the same prices as a normal store.

Business Office

It’s a good idea to choose a storage unit that gives you several options to pay your bill. Many places now offer you a chance to pay online, make a payment through a mail drop, or debit the monthly payment directly through a bank account.

Self Storage units are located in many places where you may live. Whatever your reasons for needing a storage unit, be sure to shop around, if you can, for the perfect unit that offers the amenities you need at the prices you can afford.

About the Author: Looking for reliable

moving boxes London Ontario? Look no further, we have

storage London Ontario solutions for whatever your storage needs may be.

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Posted: May 23rd, 2022 by Admin

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Building partially collapses in New York City’s Upper West Side

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Building partially collapses in New York City’s Upper West Side

Thursday, July 14, 2005

A building being prepared for demolition collapsed this morning in New York‘s Upper West Side around 9 a.m. EDT. Five people are known to be injured from the accident, as well as one rescue worker who was injured in the aftermath. None of the injuries were life-threatening.

The building was a supermarket, which was being taken down to make room for a high-rise building, something that residents took issue with. The roof, front wall, and scaffolding all fell to the ground, as stated by Fire Commissioner Nicholas Scoppetta.

Soon after the incident at least 100 police and fire department personnel combed the wreckage for more victims, using search and rescue dogs to find people by scent. They quickly accounted for the twenty-five construction workers who were working on the supermarket. Most of the victims’ injuries were broken bones, including one person who broke all four extremities.

Subway lines 1, 2, and 3 have been closed or redirected in response, along with the M104 bus.

Retrieved from “https://en.wikinews.org/w/index.php?title=Building_partially_collapses_in_New_York_City%27s_Upper_West_Side&oldid=434499”

Posted: May 22nd, 2022 by Admin

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Police stop LGBT march in Istanbul for third consecutive year

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Police stop LGBT march in Istanbul for third consecutive year

Wednesday, June 28, 2017

On Sunday, police stopped Istanbul Pride, a yearly LGBT march in Turkey’s largest city, Istanbul. Police officials reportedly used rubber and plastic bullets and sprayed tear gas to prevent the participants from parading, after the Istanbul Governor’s office ordered them on Saturday not to conduct the march, asserting security reasons. This marks the third consecutive year activists were banned from holding the rally.

The statement released by the governor’s office read, “no application that suits the methods was made to our governor’s office”, though the organisers of the march disagreed. Homosexuality has been legal in Turkey for almost a century, but the governor’s office reported “serious reactions against the march.” Activists found checkpoints and a large number of police near Istiklal Avenue.

The pride organisers reported 41 were arrested by the police. Far-right Alperen Hearths was amongst nationalist groups calling for prohibiting the parade. Last week, on June 19, Kür?at Mican of Alperen said, “We will not allow them to walk. Wherever they march, we’ll also go. We will close down that street and they will not be able to go there. If we want, our numbers can reach 200,000”.

In a statement by the organisers of the rally, on Sunday, they said, “Our security will be provided by recognising us in the constitution, by securing justice, by equality and freedom”. Turkish legislators have yet to enact laws shielding the LGBT community from hate speech and ensuring civil rights. In 2010, Selma Aliye Kavaf, then-Minister of Women and Family Affairs said, “I believe homosexuality is a biological disorder and this disease needs treatment.” ((tr))Turkish language: ?Ben e?cinselli?in biyolojik bir bozukluk, bir hastal?k oldu?una inan?yorum. Tedavi edilmesi gereken bir ?ey bence. After the unsuccessful attempt to conduct the parade, organisers released a statement on Sunday, saying, “We are not scared, we are here, we will not change[…] You are scared, you will change and you will get used to it.”

Istanbul Pride was first organised in 2003, attracting by varying reports from tens of thousands to possibly a hundred thousand people in 2014. That was the last actual march before it was blocked three times in the last three years. Last year, the organisers were not granted permission for Istanbul Pride after Istanbul faced militant attacks. The 2015 march was stopped as it was about to start, and police used water cannons and tear gas to disperse the protesters.

Retrieved from “https://en.wikinews.org/w/index.php?title=Police_stop_LGBT_march_in_Istanbul_for_third_consecutive_year&oldid=4344753”

Posted: May 21st, 2022 by Admin

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Playing With Luck With Your Lottery Merchant Account

Submitted by: Bailey Thompson

Feeling lucky today? With a lottery merchant account, the good fortune is a few steps closer to your doorstep.

Venturing into operating a lottery business seem ideally convenient, but when you go to a bank to apply for a merchant account to be able to get lottery bets through credit card payments, a different scenario comes in. Delving into the world of lottery is a good pale to start understanding the reasons why it’s close to anything but perfect.

To begin, lottery is a form of gambling. Each ticket has a unique number or symbol corresponding to a individual lot. These lots are subjected to a draw, either by a person or a machine, if your lot is the one drawn, then you hit the jackpot.

Early sightings

Lottery first surfaced approximately 200 years before Christ was born. Main purpose was to raise funds for constructing dams, houses, temples, and significant landmarks, ultimately the Great Wall of China, which is now part of the prestigious Wonders of the World list.

[youtube]http://www.youtube.com/watch?v=7SDlg0-9PPM[/youtube]

Leisure was the driving force of lottery existence in Europe during the Roman Empire. During this period, the elite were the only group of people who can participate in this game. What happens in the tea parties is that each arriving guest receives a ticket, with impeccable dinnerware as the prize pot.

Winning money became the main goal for the Dutch. Every participant had an average of four tickets with a probability of only one of those tickets hitting the prize money. The modern-day name of lottery came from their tongue, loterij, which came from lot meaning fate. It is interesting to note that their staatsloterij still exists and is considered as th e oldest existing lottery.

Transfigurations

There are many forms of lotteries. Organizers lure participants into offering prizes which are either money or goods. If all the tickets are not sold, the organizers have to come up with ways to get enough funds to fill the prize money or goods.

Another form is the 50-50 draw wherein the prize will be half of the revenue. This is to ensure that even if all of the tickets were not sold, a prize will still be awarded.

In order to gain more participants to join, a new form emerged. Instead of randomly giving tickets, this involves allowing the participants to choose the numbers that they feel will be drawn. This strategy is the one being adapted today.

High risk, high returns

Most of the lottery operations are run by the government. This is to ensure that the taxes go to the state. In some countries, they have made lottery a legal form of gambling. Casinos are now being established and run by the state.

The thought of winning on a slim chance has an enormous appeal. More often than not, the great anticipation and excitement is what makes lottery tick. Even if you have lots of tickets, the probability of getting drawn is still undetermined.

Since governments have the upper hand in running lotteries, this makes it harder for private operators to get into the zone. One of the levels they’re having a hard time is applying for merchant accounts. Banks already considered lottery as high risk because of its high chargebacks and tax complications, but with the government as the applicant, banks feel a little more secured.

Having a lottery merchant account enables you to accept payments for tickets using via credit cards. Accepting credit card payments is good for business since almost everyone has a credit card. Modern lottery and lottery websites makes the draw using the mark sense technology. Mark sense is an optical reader found within most computer scanners that captures visual information and translates the image into digital information the computer is capable of understanding and displaying. Incorporate mark sense and your merchant account’s payment gateway, you success as a lottery owner and operator is inevitable.

They say success is a combination of luck and your own work. But with a lottery merchant account, it’s not really about the winning, it’s about enjoying the ride.

About the Author: Bailey Thompson works as a freelance financial consultant for an international investor relations company. Also works as freelance financial executive for

offshoremerchantexperts.com

Gracefully quit her job at a merchant account provider company.

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Posted: May 20th, 2022 by Admin

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Residents fear environmental hazard on site of partially collapsed building in Buffalo, New York

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Residents fear environmental hazard on site of partially collapsed building in Buffalo, New York

Wednesday, June 18, 2008

Buffalo, New York —Residents in Buffalo, New York fear that demolishing a nearly 200-year-old livery and stable which partially collapsed on Wednesday June 11, could cause an environmental hazard.

Wikinews has learned that according property records with the city, the stable was converted into a gasoline station and auto repair shop in 1950, and is designated as a body shop. During that time at least four fuel storage tanks were installed on the property. Two are listed as 550 square feet while the other two are 2,000 square feet. All of the tanks are designated as a TK4, which New York State says is used for “below ground horizontal bulk fuel storage.” The cost of installing a tank of that nature according to the state, at that time, included the tank itself, “excavation and backfill,” but did not include “the piping, ballast, or hold-down slab orring.”

Property reports give the tanks a ‘construction code’ of a “C – Average”, meaning the tanks were not designed to last for a significant period of time. That rating has residents concerned that the tanks could pose an environmental hazard if they are not properly taken care of.

Wikinews has not been able to determine if the tanks have been removed or if they were emptied when the gas station closed sometime in the 1980’s. Wikinews has also contacted the city of Buffalo for a comment regarding the tanks, but has yet to receive a response.

The building was scheduled for emergency demolition on Thursday June 12, but was stopped by police after residents raised concerns for the safety of those living around the building. According to New York law, since the city ordered the demolition, they are required to perform an ‘Environmental Impact Assessment’ or SEQR when a project or demolition has the possibility of posing an environmental hazard.

According to New York law, a SEQR should be performed “to incorporate the consideration of environmental factors into the existing planning, review and decision-making processes of state, regional and local government agencies at the earliest possible time. To accomplish this goal, SEQR requires that all agencies determine whether the actions they directly undertake, fund or approve may have a significant impact on the environment, and, if it is determined that the action may have a significant adverse impact, prepare or request an environmental impact statement.”

The law states, “SEQR requires the sponsoring or approving governmental body to identify and mitigate the significant environmental impacts of the activity it is proposing or permitting.” It also states that it is the duty of the governmental body in charge of a project to enforce the laws of the SEQR. It also states that agencies must give “appropriate weight with social and economic considerations” when undergoing major projects.

The law also allows citizens to enforce the regulation stating, “citizens or groups who can demonstrate that they may be harmed by this failure [SEQR], may take legal action against the agency” or governmental body behind such a project. The court system in New York has been known to “consistently” rule in favor of plaintiffs who file lawsuits against agencies who do not perform a SEQR.

Residents won a restraining order to stop demolition after State Supreme Court Justice Judge John. F. O’Donnell signed a temporary injunction. Residents are concerned demolition crews moved too fast, and are not doing enough to protect them and their surrounding properties. They are also concerned that the city did not consider all the options or risks before ordering the building to be demolished.

On June 15, Judge Jerome C. Gorski ruled that the city can resume demolition, but “on a limited basis” only to remove fallen rubble that landed on properties, and to remove any loose bricks or material from the building, but not below its truss line. Because of the risk of further collapse, the workers are ordered “to use only hand tools.” to remove the loose material and debris. Residents are attempting to save portions of the building’s side walls and its facade. The demolition crew began to remove some materials, as ordered by the court on Tuesday, June 17.

Judge Gorski also ordered that the plaintiffs present their case in front the State’s Supreme Court in Rochester. The hearing took place on Monday morning on June 16 at 10:00 a.m. (eastern time), and the case is currently “being discussed,” said an anonymous source close to the lawsuit to Wikinews.

Bob Freudenheim is the building’s owner who has housing violations against him for neglecting the building. Residents state that Freudenheim should be “100% responsible” for his actions, and many are afraid that once the building is demolished, Freudenheim’s charges of neglect will be abolished. According to WGRZ Channel 2 News, in the past three months, Freudenheim has received at least five housing code violations from the city. WGRZ states that the orders, which they obtained, were to fix the building “to a safe condition.”

Freudenheim gave the city permission to demolish the building on Thursday June 12 during an emergency Preservation Board meeting, because he would not be “rehabilitating the building anytime soon.” Freudenheim, along with his wife Nina, were part-owners of the Hotel Lenox at 140 North Street in Buffalo and were advocates to stop the Elmwood Village Hotel from being built on the corners of Forest and Elmwood Avenues in 2006 and 2007, which Wikinews extensively covered. They also financially supported a lawsuit in an attempt to stop the hotel from being built. Though it is not known exactly how long Freudenheim has owned the stable, Wikinews has learned that he was the owner while fighting to stop the hotel from being built.

Freudenheim has not released a statement, and Wikinews has not been able to contact him regarding the issue.

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Posted: May 19th, 2022 by Admin

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