Iceland nationalises Kaupthing Bank

Thursday, October 9, 2008 Iceland’s Financial Services Authority has nationalised the Kaupthing Bank as a response to the financial crisis which may result in a total collapse of the nation’s economy. Kaupthing, together with Glitnir Bank and Landsbanki, owe a total of US$61 billion, which is twelve times the estimated size of the economy of the Nordic country. The Financial Services Authority says Iceland will guarantee all domestic deposits and aims to provide a “functioning domestic banking system” by management of the banks. Iceland has asked for aid to Russia…

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Generic Tamiflu in India

Friday, January 13, 2006 Tamiflu (generic name: Oseltamivir) a common antiviral drug used in the treatment and prophylaxis of both Influenza virus A and Influenza virus B, will be marketed in a generic form in India. It is a prodrug, which is hydrolysed hepatically to the active metabolite, the free carboxylate of oseltamivir. It was developed by Gilead Sciences and is currently marketed by Hoffmann-La Roche (Roche) under the trade name Tamiflu. Cipla received marketing approval from the drug controller-general of India and will launch a generic version of Oseltamivir,…

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Somali pirates hijack Indonesian tugboat and Turkish container ship

Wednesday, December 17, 2008 Two more vessels have been hijacked in Somalia. Pirates have captured an Indonesian tugboat with a barge that was working for French oil firm Total and a Turkish container ship. The Turkish vessel’s seizure was confirmed by a US Fifth Fleet spokesman. MV Bosphorus Prodigy is a 330 ft (100 m) container vessel flagged in Antigua and Barbuda. It is owned and operated by Isko Marine Company based in Istanbul. The Fifth Fleet could not confirm the tugboat’s seizure, but an anonymous official with Total in…

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Democratic holdout agrees to support health care reform in US

Sunday, December 20, 2009 A conservative Democratic United States senator has agreed to supply the key 60th vote needed for passage of a sweeping health care reform package. Senate Democrats have reached a breakthrough in their struggle to pass sweeping heath care reform legislation, lining up the 60 votes needed to overcome fierce Republican opposition. Senators met Saturday in Washington, D.C. during a driving snowstorm in a frenzied effort to move forward on President Barack Obama’s top domestic priority. The spotlight was on moderate Democratic Senator Ben Nelson of Nebraska,…

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Driver hits median strip, rolls vehicle in NSW, Australia

Tuesday, May 29, 2007 Bathurst, New South Wales, Australia — A driver in the New South Wales city of Bathurst, West of Sydney has had a lucky escape after rolling his vehicle onto its side and narrowly avoiding other vehicles. The accident occurred shortly before 9 a.m. AEST today when a small Sports Utility Vehicle sped out of Gilmour Street, Kelso onto the Great Western Highway before attempting to turn into Lee Street. Witnesses told Wikinews that the car hit the median strip, spun and then rolled onto its side.…

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On the campaign trail in the USA, October 2016

Sunday, November 6, 2016 The following is the sixth and final edition of a monthly series chronicling the U.S. 2016 presidential election. It features original material compiled throughout the previous month after an overview of the month’s biggest stories. In this month’s edition on the campaign trail: the Free & Equal Foundation holds a presidential debate with three little-known candidates; three additional candidates give their final pleas to voters; and past Wikinews interviewees provide their electoral predictions ahead of the November 8 election. Contents 1 Summary 2 Free & Equal…

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Polish drug company Jelfa ordered to shut-down over mislabelled drugs

Wednesday, November 8, 2006 Polish Prime Minister Jaros?aw Kaczy?ski has ordered the pharmaceutical company Jelfa to halt production following revelations that Jelfa had placed mislabelled medication on the market, whose use could be potentially fatal. Jelfa distributed vials labelled as Corhydron, a hydrocortisone used to treat allergies and inflammation, but in fact containing Suxamethonium chloride, a drug normally used to cause muscle paralysis during emergency surgery. The Health Ministry has appealed to people suffering from asthma or allergies to check their medication and return any Corhydron ampoules they possess to…

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Viktor Schreckengost dies at 101

Sunday, January 27, 2008 Viktor Schreckengost, the father of industrial design and creator of the Jazz Bowl, an iconic piece of Jazz Age art designed for Eleanor Roosevelt during his association with Cowan Pottery died yesterday. He was 101. Schreckengost was born on June 26, 1906 in Sebring, Ohio, United States. Schreckengost’s peers included the far more famous designers Raymond Loewy and Norman Bel Geddes. In 2000, the Cleveland Museum of Art curated the first ever retrospective of Schreckengost’s work. Stunning in scope, the exhibition included sculpture, pottery, dinnerware, drawings,…

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No oil spillage after platform explodes in the Gulf of Mexico

Thursday, September 2, 2010 An oil platform owned by Mariner Energy has exploded in the Gulf of Mexico throwing thirteen people into the water, reports indicate. All thirteen men who fell into the water have been accounted for, according to the U.S. Coast Guard. No injuries were reported. Smoke was billowing from the oil rig named Vermilion 380, which is reported to still be on fire. The blast occurred at around 9:19 a.m., approximately 80 miles south of Vermilion Bay off the coast of Louisiana. The Coast Guard confirms the…

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