The drink, similar to sparkling wine, is a non-alcoholic sparkling drink which is currently for sale in Alberta liquor stores. The bottle has the words “Party, Party!” with cartoon characters. Their slogan is “Celebrate like the grown-ups” and is shaped as a champagne bottle. It is under the approval of the Alberta Gaming and Liquor Commission.
Tracy Franklin, president of MADD in Calgary, said: “It’s calling out to kids, but the whole thing is geared as a champagne bottle, as an alcohol product … Do we want to give them something, although it’s non-alcoholic, and have them partying like an adult?”
Other “adult products” marketed to children, such as candy cigarettes, have been banned in Canada. Studies have shown a link between the marketing of candy cigarettes to children and the promotion of smoking in later life. It had been shown that tobacco companies cooperated with candy manufacturers in the design of candy cigarettes.
The Tobacco Act legislation in Canada has eliminated the ability of companies to market tobacco-looking products to children. In Section 27, the Act states, “No person shall furnish or promote a tobacco product if any of its brand elements is displayed on a non-tobacco product, other than an accessory, or is used with a service, if the non-tobacco product or service is associated with young persons or could be construed on reasonable grounds to be appealing to young persons.”
President of the German company responsible for the distribution of Robby Bubble, Darryl Weinbren, defended his product saying it is non-alcoholic and parents are responsible for serving their children the drink.
“I can understand Mothers Against Drunk Driving, and certainly I respect their objectives and what they are after. There wasn’t any intention from our point of view to encourage kids to drink alcohol. It was just a matter of trying to find something that would meet a family celebration with something for their kids.”
A spokeswomen for the Alberta Gaming and Liquor Commission, Marilyn Carlyle-Helms, said liquor stores can distribute non-alcoholic drinks and if there were a health concern they would have disapproved them.
Wall Street, the home of many U.S. stock exchanges Image: Urban.
Stock markets across the world have fallen sharply with several seeing the biggest drop in their history.
Asian markets saw the biggest sell-off. The Nikkei dropped 9.62% to reach a 20 year low. Japan also saw a collapse of a mid-size insurance company, Yamato Life Insurance Company, which declared bankruptcy. The Hang Seng, which was one of the few markets that was positive yesterday, fell 7.19%. Australia dropped by 8.4% and South Korea saw a 9% fall.
In Europe, markets dropped at the open with the FTSE losing 11%. They have recovered only sightly with all European markets losing more than 5%. The European sell off was more about the Asian lows then any specific news. European banks and financial institutes saw the most selling. Also, oil related companies saw large drops as an result of an expected decrease in oil consumption.
The U.S. markets opened lower with the Dow Jones Industrial Average falling below 8,000, before recovering slightly. President George W. Bush made an address on the economy and said markets were being “driven by uncertainty and fear.”
Oil has seen losses of more than US$6 in trading with the current price of a barrel of oil less than $80. This is a year low for oil. News also came out that OPEC will hold an emergency meeting on November 18 to discuss the falling price of oil.
Charities, such as Cats Protection, today said that they have lost much of their funds in collapsing banks. Cats Protection had a total of £11.2 million saved in the now-collapsed Kaupthing bank.
Charles Henry Dow created the Dow Jones index. Image: Unknown, copyright expired.
The Dow Jones Industrial Average fell to its lowest level in five years at 8,579.19, falling 679 points in one day. This, at 7.3%, is the eleventh largest percentage fall in the history of the index. The growth then continued, with the index being up over 150 points on the start of the day at one point.
The index, did however, recover, and as of 19:30 UTC was up 17.68 points, or 0.21%, pushing the index up to almost 8600.
Peter Cardillo, chief market economist at Avalon Partners, commented on these massive falls. “What we’ve seen here was one big margin call that just kept feeding on itself, so the opposite could happen. But you need a catalyst,” he said. “I’m more convinced now than ever that this market has made a bottom. The capitulation came when we breached 8,000,” he continued. “It doesn’t mean we can’t go back and revisit that level.”
The headquarters of the FTSE Group are in Canary Wharf Image: Adrian Pingstone.
The UK’s FTSE 100 index fell dramatically to close below 4000, in the index’s worst week in history. This is despite the fact that just a few days ago the index was above 5000, and the index peaked above 5500 in September.The FTSE 100 index has fallen by 41% this year.
Barclays Wealth analyst Henk Potts commented on this massive fall. “We are drowning in a sea of red numbers,” he claimed. “Investors are concerned about the exacerbation of the credit crunch and the gloomy forecasts for economic growth. The reality is that most investors have been spooked by the sheer pressure that the credit crunch is putting on the global economy.”
A graph showing the Nikkei 225 since January 1970 Image: Monaneko.
The Japanese Nikkei 225 has recorded it’s third biggest drop in history with a massive sell-off in the exchange that has resulted in USD 250 billion being knocked of the index’s value.
Toyota, which is the second largest carmaker in the world, fell by the largest amount in 21 years, while Elpida Memory, the world’s largest manufacturer of computer memory, dropped in value to a record low.
Masafumi Oshiden, a fund manager in Toyota commented on the drop.”It’s capitulation,” he said. “There are lots of forced sellers. If you’re a fund that’s going bust you need to close out all your positions.”
George Bush speaking on the economy earlier today Image: White House.
George W. Bush commented on the financial situation earlier today. “Over the past few days, we have witnessed a startling drop in the stock market — much of it driven by uncertainty and fear,” he said. “This has been a deeply unsettling period for the American people. Many of our citizens have serious concerns about their retirement accounts, their investments, and their economic well-being.”
Bush then continued by promoting the government’s plan’s to get through the crises. “Here’s what the American people need to know: that the United States government is acting; we will continue to act to resolve this crisis and restore stability to our markets. We are a prosperous nation with immense resources and a wide range of tools at our disposal. We’re using these tools aggressively.”
Gordon Brown: We can not solve problems in the economy by improving liquidity Image: International Monetary Fund.
Gordon Brown, the UK Prime Minister, also spoke on the economy. “I think we quickly realised that we cannot solve the problems we have got as a result of the sub-prime market collapse simply by improving liquidity,” he said speaking in Birmingham to business leaders earlier today. “That would simply not be enough to deal with the bigger problem of rebuilding the banking system for the future and restoring trust is a fundamental element of that.”
Jim Flaherty Image: Joshua Sherurcij.
Jim Flaherty, the Canadian minister for finance, also commented today on the recent incidents in the economy. “It is important to underline that Canada’s banks and other financial institutions are sound, well capitalized and less leveraged than their international peers,” he claimed. “Our mortgage system is sound. Canadian households have smaller mortgages relative both to the value of their homes and to their disposable incomes than in the U.S.”
“”However, it is becoming increasingly clear that the continuing disruption of global credit markets, which has been severe and protracted, is making it difficult for our financial institutions to raise long-term funding. This is beginning to affect the availability of mortgage loans and other types of credit in Canada,” he continued. “The Government has therefore decided to act to address the current scarcity of private sector lending to Canadian mortgage markets and lending markets overall. This is going to make loans and mortgages more available and more affordable for ordinary Canadians and businesses.”
Earlier today, the Prime Minister of Bangladesh Sheikh Hasina chaired a cabinet meeting which decided to grant official government recognition of people who gender identify as Hijras, people who identify as neither male nor female.
Recognition brings several government related benefits to Hijras including priority in education, housing and health. Their gender designation will also appear on their passports as Hijras. English language documents will refer to them as Hijras as the government claims any English translation would be misleading. The decision was announced by Cabinet Secretary Musharraf Hossain Bhuiyan at a media briefing following the meeting.
Hijras already have voting rights in Bangladesh. A survey by the Ministry of Social Welfare says 10,000 people who identify as Hijras live in the country.
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Kristen Monster is running for the Family Coalition Party in the Ontario provincial election, in the Willowdale riding. Wikinews’ Nick Moreau interviewed her regarding her values, her experience, and her 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.
What would you tell your grandchildren about 2007 if they asked you about it in, let’s say, 20 year’s time? If the answer to a quiz question was 2007, what would the question be? The year that you first signed on to Facebook? The year Britney Spears and Amy Winehouse fell apart? The year author Kurt Vonnegut or mime Marcel Marceau died, both at 84?
Let’s take a look at some of the international stories of 2007. Links to the original Wikinews articles are in bold.
The 2006 Liverpool Biennial art festival will start its ten week run on September 16, finishing on the November 26. The exhibition uses public places located across the city.
The international ’06 exhibition includes 35 commissioned works, while the 24th John Moores Exhibition of Contemporary Painting is the UK’s longest running open painting competition.
The Independents is an art exhibition that runs alongside the Biennial. Several shorter festivals will run over this period including the Hope Street festival.
Teen depression is not different from adult depression. It is not just a mere act of rebellion or an exaggeration of sad emotions. Like the one affecting adults, this type of depression can also be a serious psychological condition which can bring about severe consequences in their lives. Teenage years are the time for exploring and identifying ones personality. With depression, it makes it harder for them to decide who and what they want to become in their lives.
A lot of factors can cause teen depression. The most common reason is peer pressure. This happens when they cannot achieve what is expected of their peers from them or when they face consequences in life for following after their peers. Failure in their academic responsibilities or the pressure they feel when their parents tell them they should excel can also make them feel depressed. With the influence of media and celebrities, body figure and the way they perceive themselves can also put them at risk for this condition. Depression can be hereditary. When they have a family member who has undergone or is suffering from depression, they may also experience it. Traumatic events such as accidents, abuse or loss of a loved one can make them feel depressed.
Depression can have a grave effect in teens. Others may result to alcohol and drug abuse, thinking that alcohol and drugs can make them forget about their depression. Some result to hurting themselves, like cutting their skin and even commit suicide. Depressed teens can isolate themselves from their family, causing misunderstanding and their society, making it hard for them to reach out to others.
In order to cope with depression, parents and family members must be active in the treatment of the teen. Learn about depression, what causes it, how it can be prevented and ways it can be treated. Show the teen that you are ready to support and stick with them throughout the healing process. Parents need to talk to their child. A good relationship between parents and children can help a lot in making the teen feel that he or she is not alone and is not left behind. Let your teen talk to a psychologist or a counselor. It is important that the teen can talk to a professional about his or her feelings, concerns, fears and emotions. The professionals know how to ask the right questions and have the answers to the possible questions that the teen might ask regarding their condition. Prevent them from isolating themselves by personally inviting them to join in family activities and get-togethers. Even just by eating dinner together as a family can already make them feel better. Since most of them are attracted to drugs and alcohol, steer them away from these dangerous substances. Drugs and alcohol may relieve them from depression temporarily, but an abuse of these can just worsen the way they are feeling. Allow them to rest, from pressures and stress that they may feel from their environment. Give them time for themselves so that they can also contemplate and heal on their own.
Teen depression is not something that can be taken for granted, thinking that it is not at all serious. Depression is not part o being a teenager. Teenagers must be allowed to explore and express without harming themselves.
About the Author: Sharon Campbell enjoys writing for Uniformhaven.com which sells
This B737-400 is roughly comparable to the aircraft involved in all the accidents mentioned in this story.
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 Boeing737 (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.”
Former National Basketball Association (NBA) player Eddie Griffin died on August 17, 2007, at age 25 due to injuries sustained in a car crash, the Harris County medical examiner’s office confirmed on Tuesday.
The former Minnesota Timberwolves forward, who was waived in March for violating the League’s substance abuse program, ignored a railroad warning, drove his SUV through a barrier, and collided with a moving train at about 1:30 a.m., according to Houston Police. His vehicle caught fire and was soon engulfed in flames.
No identification was found and the body was badly burned. For that reason, dental records were used to identify him. Griffin, who played college Basketball at Seton Hall University, played for the Houston Rockets from 2001–2003, and the Minnesota Timberwolves from 2004–2007. The five-year veteran had been battling alcoholism since leaving Seton Hall. He is survived by his three-year-old daughter Amaree.
