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2008 Leisure Taiwan launched in Taipei World Trade Center

Saturday, July 19, 2008

This year’s Leisure Taiwan trade show (a.k.a Taiwan Sport Recreation and Leisure Show) started yesterday, with 131 companies participating including sports media companies such as ESPN and VideoLand Television, businesses selling sports equipment and fitness clubs.

There were also a variety of sports being played in the arena built for the trade show. The events included a 3-on-3 basketball tournament, free style shooting, and bicycle test-riding. In addition, conferences discussed issues related to sports and physical education.

A major topic in the trade show was energy-efficiency and, as a result, bicycles and similar sports equipment were being heavily promoted.

Next Tuesday, companies from the electronics industry plan to promote their industry at “2008 Digital E-Park.” In previous years, organizations from the electronics industry have showcased their products at Leisure Taiwan instead of at the Digital E-Park, so this move has reduced the number of markets covered by Leisure Taiwan.

Retrieved from “https://en.wikinews.org/w/index.php?title=2008_Leisure_Taiwan_launched_in_Taipei_World_Trade_Center&oldid=851720”
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Protesters rally for a second time against Buffalo, N.Y. hotel proposal

Buffalo, N.Y. Hotel Proposal Controversy
Recent Developments
  • “Old deeds threaten Buffalo, NY hotel development” — Wikinews, November 21, 2006
  • “Proposal for Buffalo, N.Y. hotel reportedly dead: parcels for sale “by owner”” — Wikinews, November 16, 2006
  • “Contract to buy properties on site of Buffalo, N.Y. hotel proposal extended” — Wikinews, October 2, 2006
  • “Court date “as needed” for lawsuit against Buffalo, N.Y. hotel proposal” — Wikinews, August 14, 2006
  • “Preliminary hearing for lawsuit against Buffalo, N.Y. hotel proposal rescheduled” — Wikinews, July 26, 2006
  • “Elmwood Village Hotel proposal in Buffalo, N.Y. withdrawn” — Wikinews, July 13, 2006
  • “Preliminary hearing against Buffalo, N.Y. hotel proposal delayed” — Wikinews, June 2, 2006
Original Story
  • “Hotel development proposal could displace Buffalo, NY business owners” — Wikinews, February 17, 2006

Sunday, March 26, 2006

Buffalo, New York —For the second weekend in a row, demonstrators protested the Elmwood Village Hotel proposal on the proposed site.

The Elmwood Village Hotel is a proposed hotel by Savarino Construction Services Corporation and is designed by architect Karl Frizlen of the Frizlen Group. It is to be placed on the corner of Elmwood and Forest Avenues in Buffalo and will require the demolition of at least five properties (1109-1121 Elmwood).

The proposal also required that all five properties, including 605 Forest, be rezoned to a “C-2” zone, or a “special development plan.” The rezoning was passed by Buffalo’s Common Council on March 21, 2006.

Russell Smith, owner of the Six Nation’s Gift Shop at 1121 Elmwood, also participated in the protest.

“I am a Native American and we opened a Native American gift shop and we are just brand new [and just] opened. Having started out a business for the first time, and it the only Native American shop in the city, and I do not see the use of any hotel, especially at this district. The Elmwood Strip is pretty well established. Some of these people have been here a long while you know and they’re [Savarino Construction] disrupting their livelihood,” said Smith to Wikinews.

When Smith was asked if he was going to be in any of the shops in the new hotel he replied, “we don’t have the option of getting into the hotel or any of the shops that are going to be there. We haven’t [had] any idea that they [Savarino] were even planning to tear these buildings down to put a hotel here until we had moved in. I think thats a little unfair.”

Former City of Buffalo Mayor Anthony Masiello was asked to sign the petition to stop the hotel when he walked by, but he declined saying, “I respect what you are doing, but I am for the hotel.”

Despite the cold weather, at least 45 people showed up to walk the picket line.

For the moment, no further protests have been scheduled, pending the final decision on the hotel proposal by the city’s Planning Board which meets Tuesday, March 28, 2006. The meeting begins at 8:00am and will be held in room 902 on the 9th floor of City Hall in downtown Buffalo.

On Saturday morning several individuals attended a meeting with a lawyer to see what could be done, if anything, about the proposal and about Hans Mobius, former Buffalo mayoral candidate and owner of the properties to be demolished at 1109-1121 Elmwood.

One of the attendees, Nancy Pollina, co-owner of Don Apparel with Patty Morris, stated that “there is a case” but that she is likely unable to afford the large attorney’s fees. Pollina reports that she is looking into a “legal fund.”

Some of the affected are considering going to the New York State Supreme Court pro se to seek an injunction.

Some tenants of Mobius’s buildings have accused him of being a “slumlord” and claim that he “intentionally neglected” his properties with the intention of selling. Mobius, who has owned the properties for about 20 years, tried in 1995 to sell them to a developer who wanted to build a Walgreens Drugstore on the same site as the proposed hotel.

Mobius is expected to appear in housing Court on April 11, 2006. He has not returned any phone calls from Wikinews.

Retrieved from “https://en.wikinews.org/w/index.php?title=Protesters_rally_for_a_second_time_against_Buffalo,_N.Y._hotel_proposal&oldid=1981802”
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Fixed Rate Vs Variable Rate Home Loan: Which One\’S For You?

Fixed Rate VS Variable Rate Home Loan: Which One\’s For You?

by

Craig Reese

There are two main types of home loans: the fixed rate and the variable rate loans. Both have their own distinct pros and cons, depending on the preferences of the borrower. Accordingly, it would be beneficial if you know the various aspects of each loan type in order for you to make the right choice.

The Fixed Rate Loan

A fixed rate home loan is one that sets a fixed interest rate for the home loan starting from its approval until it is fully paid. The rate will not change–although interest payments may differ–depending on the principal amount owed. Again, it is only the rate which remains fixed, and not necessarily the monthly payments.

[youtube]http://www.youtube.com/watch?v=3LzHBVSZH1s[/youtube]

Pros: the main advantage of a fixed rate home loan for that matter is that it prevents the borrower from incurring any unwanted \”surprise\” interest rates as the rates remain constant. As it is, you can prepare your budget accordingly to accommodate loan payments.

Cons: qualifying for a fixed rate home loan is usually harder. This holds most especially true when the fixed interest rates are high as it usually results to more affordable monthly payments. And though you\’ll be paying for a fixed interest rate, its affordability will have to depend on the loan terms. In some cases, the monthly payments are more affordable, but the total overall cost is significantly higher compared to other terms. To get the best option, talk with a mortgage broker in a location near you.

The Variable Rate Loan

A variable home loan, as its name implies, does not charge a fixed interest rate. The amount imposable actually depends on the market. At first, this type of loan starts out with an interest rate lower than the costs of fixed rate loans. Over time (and depending on the terms), the former would then cost higher than the latter.

Pros: the initial payments for this loan type are lower. Being so, borrowers can qualify for larger loans and even enjoy lower interest rates (if the market dictates) without the need for refinancing.

Cons: the interest rates for this type of loan, being variable, means you run the risk of paying for higher interest rates in the future. Lower interest rates are usually imposed at the start of the loan, but depending on the market, your fees may go up based on the terms agreed upon and the economy.

Indeed, choosing the right loan can be quite complicated. To make the right choice, consult with a mortgage broker. By doing so, you\’ll be able to get a loan which can actually bring more financial benefits and reduced risks.

The author writes about

home loans

in Rockingham, Baldivis and Kwinana and anywhere in Australia at

scribd.com/homeloankwinana

Article Source:

ArticleRich.com

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Latin American Drug dealer Beira-Mar’s lawyers arrested

Monday, November 15, 2004

RIO DE JANEIRO, Brazil — Two lawyers of accused drug dealer Luiz Fernando da Costa (also known as Fernando Beira-Mar) were arrested Sunday November 14 in a restaurant located at Rio de Janeiro city in Brazil. They have been accused of bribing Brazilian federal police officers.

Luiz Fernando da Costa, known as Fernando Beira-Mar or Fernandinho Beira-Mar, is one of the biggest drug dealers of Latin America according to police. Beira-Mar was arrested by the Colombian army at April 20-21, 2001, in a FARC camp located at a forest near Colombia and Venezuela and then transferred to Brazil where he is been in prison until now.

According to officers the lawyers had offered R$200,000 (US$71,658.9) to police officers asking them to release Marcos José Monteiro Carneiro, another man accused of being a drug dealer.

Retrieved from “https://en.wikinews.org/w/index.php?title=Latin_American_Drug_dealer_Beira-Mar%27s_lawyers_arrested&oldid=809045”
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Feverfew compound gets at leukemia roots

Wednesday, February 23, 2005A compound in the common daisy-like plant feverfew kills human leukemia stem cells and could form the basis for newer, more effective drugs for the disease.

American researchers at the University of Rochester Medical Center in New York say that it could take months to develop a useable drug from the compound, parthenolide.

However, they are working to do so with chemists at the University of Kentucky who have identified a water-soluble molecule with the same properties. The US National Cancer Institute has also accepted the work into its rapid access program, which aims to speed experimental drugs into human clinical trials.

“This research is a very important step in setting the stage for future development of a new therapy for leukemia,” says Rochester researcher Craig Jordan. “We have proof that we can kill leukemia stem cells with this type of agent, and that is good news.”

Parthenolide appears to target the roots of myeloid leukemia, stem cells, while current treatments including the relatively new drug Gleevec don’t. So, “You’re pulling the weed without getting to the root,” says Jordan.

Used for centuries to fight fevers, inflammation and arthritis, feverfew earned interest from the Rochester researchers after other scientists showed that it could prevent skin cancer in animal models.

So the researchers investigated how a concentrated form of the plant component parthenolide would affect leukemia cells and normal cells.

Comparing the impact of parthenolide to the common chemotherapy drug cytarabine, they found that parthenolide selectively killed leukemia cells while sparing normal cells better.

While the findings suggest that parthenolide is a good starting point for new drugs, people with leukemia aren’t being encouraged to take high doses of feverfew as they could not take enough of the remedy to halt the disease.

The research is reported in the journal Blood.

Retrieved from “https://en.wikinews.org/w/index.php?title=Feverfew_compound_gets_at_leukemia_roots&oldid=1985493”
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Market Data

Warning: The information on this page may be incorrect and/or outdated. Don’t trust it.


Information about the world’s markets index, no longer maintained.

Index Name Description Current Value Change Updated
^MERV MerVal (Argentina) 1479.650 25.720 Tuesday, July 26, 2005
^AORD All Ordinaries (Australia) 4338.100 0 Tuesday, July 26, 2005
^ATX ATX (Austria) 4.898,18 -0.1% Friday, June 22, 2007
^BFX BEL-20 (Belgium) 3198.57 11.59 Tuesday, July 26, 2005
^BVSP Bovespa (Brazil) 24868.471 337.682 Tuesday, July 26, 2005
^GSPTSE S&P TSX Composite (Canada) 10367.89 5.34 Tuesday, July 26, 2005
^SSEC Shanghai Composite (China) 1072.807 27.407 Tuesday, July 26, 2005
^PX50 PX50 (Czech Republic) 0 0 Monday, January 01, 0001
^KFX KFX (Denmark) 348.10 -0.22 Tuesday, July 26, 2005
^CCSI CMA (Egypt) 1753.22 -16.36 Tuesday, July 26, 2005
^FCHI CAC 40 (France) 4420.78 -1.34 Tuesday, July 26, 2005
^GDAXI DAX (Germany) 4843.49 0.79 Tuesday, July 26, 2005
^HSI Hang Seng (Hong Kong) 28,228.04 +457.75 (1.65%) Monday, October 09, 2007
^BSESN BSE 30 (India) 7612.00 -3.99 Wednesday, August 24, 2005
^JKSE Jakarta Composite (Indonesia) 2,846.24 0 Wednesday, May 5, 2010
^TA100 TA-100 (Israel) 694.76 -0.52 Tuesday, July 26, 2005
^MIBTEL MIBTel (Italy) 25703.000 28.000 Tuesday, July 26, 2005
^N225 Nikkei 225 (Japan) 11737.96 -24.69 Tuesday, July 26, 2005
^KLSE KLSE Composite (Malaysia) 935.74 -4.10 Tuesday, July 26, 2005
^MXX IPC (Mexico) 14067.730 -67.510 Tuesday, July 26, 2005
^AEX AEX General (Netherlands) 395.55 1.01 Tuesday, July 26, 2005
^NZ50 NZSE 50 (New Zealand) 3348.232 0 Tuesday, July 26, 2005
^OSEAX OSE All Share (Norway) 330.032 0.104 Tuesday, July 26, 2005
^MTMS Moscow Times (Russia) 0 0 Monday, January 01, 0001
^STI Straits Times (Singapore) 2321.77 0 Tuesday, July 26, 2005
^KS11 Seoul Composite (South Korea) 1090.6 0 Tuesday, July 26, 2005
^SMSI Madrid General (Spain) 1085.59 2.30 Tuesday, July 26, 2005
^SXAXPI Stockholm General (Sweden) 265.55 0.44 Tuesday, July 26, 2005
^SSMI Swiss Market (Switzerland) 6521.02 17.08 Tuesday, July 26, 2005
^TWII Taiwan Weighted (Taiwan) 6366.16 0 Tuesday, July 26, 2005
^XU100 ISE National-100 (Turkey) 0 0 Monday, January 01, 0001
^FTSE FTSE 100 (United Kingdom) 5256.20 -14.50 Tuesday, July 26, 2005
^DJI Dow Jones Industrials (USA) 11,076.34 +104.06 March 11, 2006
^NYA NYSE Composite (USA) 8,079.24 +71.41 March 11, 2006
^IXIC NASDAQ Composite (USA) 2175.99 9.25 Tuesday, July 26, 2005
^GSPC S&P 500 (USA) 1231.16 2.13 Tuesday, July 26, 2005

Index Description Last Change As of
^DJI Dow Jones Industrials (USA) 11,076.34 +104.06 March 11, 2006
^NYA NYSE Composite (USA) 8,079.24 +71.41 March 11, 2006
^IXIC NASDAQ Composite (USA) 2175.99 9.25 Tuesday, July 26, 2005
^AORD All Ordinaries (Australia) 4338.100 0 Tuesday, July 26, 2005
^FTSE FTSE 100 (United Kingdom) 5256.20 -14.50 Tuesday, July 26, 2005
more indices

= STG£0.5349 = €0.7727 = ¥106.4000
= STG£0.6923 = $1.2942 = ¥137.6900
= US$1.8694 = €1.4443 = ¥198.8550
= STG£0.0050 = $0.0094 = €0.0073

(Commodities & currencies as of 2005-03-24 T 23:00 UTC, or last close were applicable. None of this data is guaranteed to be correct. Please read our General disclaimer and Risk disclaimer.)|}

  • Market Data/Energy
Retrieved from “https://en.wikinews.org/w/index.php?title=Market_Data&oldid=1321145”
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Know More About Mens Health And Treat It

Erectile dysfunction (ED) is the inability to get or keep an erection firm enough to have sexual intercourse. It’s sometimes referred to as impotence, although this term is now used less often.

Sexual Dysfunction in Males

Sexual dysfunction can influence men, everything being equal, yet is particularly normal in more seasoned men. The most well-known issues identified with sexual dysfunction incorporate discharge problems, erectile dysfunction and hindered sexual craving. These issues can regularly be adjusted by treating the fundamental causes.

OVERVIEW

What is sexual dysfunction in males?

Sexual dysfunction is any physical or mental issue that holds you or your associate back from getting sexual satisfaction. Male sexual dysfunction is a typical medical condition influencing men, all things considered, yet is more normal with expanding age. Treatment can frequently help men experiencing sexual dysfunction.

The main types of male sexual dysfunction are:

  • Erectile dysfunction(hard to get & keep an erection).
  • Premature ejaculation(reach orgasm too fast).
  • Delayed or inhibited ejaculation (reach orgasm too slow or never).
  • Low libido (no interest in sex).

SYMPTOMS AND CAUSES

What causes sexual dysfunction in males?

Physical causes of overall sexual dysfunction may be:

  • Lower testosterone levels.
  • Prescribed drugs.
  • Blood vessel disorders andhigh blood pressure.
  • Stroke or nerve damage.
  • Smoking.
  • Alcoholismanddrug abuse.

Psychological causes might include:

  • Concern about sexual performance.
  • Problems in Marital or relationship.
  • Depression, feelings of guilt.
  • Effects of past sexual trauma.
  • Stressed and anxiety.

How does sexual dysfunction affect men?

The most well-known issues men face with sexual dysfunction are issues with discharge, getting and keeping an erection, and decreased sexual longing.

Ejaculation disorders

Problems with ejaculation are:

  • Premature ejaculation (PE)
  • Inhibited or delayed ejaculation
  • Retrograde ejaculation

The exact cause ofpremature ejaculation (PE)is not known. While in many cases PE is due to performance anxiety during sex, other factors may be:

  • Stress.
  • Temporary depression.
  • History of sexual repression.
  • Low self-confidence.
  • Insufficient communication or unresolved conflict with partner.

Studies recommend that the breakdown of serotonin (a characteristic compound that influences disposition) may assume a part in PE. Certain meds, including a couple of antidepressants, may impact release, as can nerve damage to the back or spinal string.

Actual reasons for restrained or deferred discharge may incorporate ongoing (long haul) medical conditions, prescription results, liquor misuse, or medical procedures. The issue can likewise be brought about by mental factors like melancholy, nervousness, stress or relationship issues.

Retrograde discharge is generally normal in guys with diabetes who experience the ill effects of diabetic nerve harm. Issues with the nerves in the bladder and the bladder neck power the discharge to stream in reverse. In different men, retrograde discharge might be a symptom of certain meds, or occur after a procedure on the bladder neck or prostate.

Erectile dysfunction (ED)

Erectile dysfunction (ED) is the frailty to get and save an erection for exotic time. ED is very normal, with examines showing that around one portion of American men over age 40 are influenced. Causes for ED include:

  • Diseases resisting blood flow.
  • Nerve diseases.
  • Stress, relationship conflicts, depression and performance anxiety.
  • Penis Injuries.
  • Chronic illness.
  • Harming habits like smoking, over drinking, over eating and less exercise.

Low libido (reduced sexual desire)

Low libido implies your longing or interest in sex has diminished. The condition is frequently connected with low levels of the male hormone testosterone. Testosterone keeps up with sex drive, sperm creation, muscle, hair and bone. Low testosterone can influence your body and temperament.

Decreased sexual craving may likewise be brought about by misery, uneasiness or relationship challenges. Diabetes, hypertension, and certain prescriptions like antidepressants may likewise add to a low libido.

DIAGNOSIS AND TESTS

How is male sexual dysfunction diagnosed?

Your counsellor may start the analysis cycle with an actual test. Physical tests may include:

  • Blood tests for testosterone levels, blood sugar (for diabetes) and cholesterol.
  • Blood pressure checking.
  • Rectal exam to check prostate.
  • Examination of penis and testicles.

Different tests can show on the off chance that you have issues with blood stream to the penis.

Your primary care physician may likewise pose inquiries about your indications and your clinical and sexual history. However, these inquiries may appear to be close to home, don’t be humiliated. Answer really so all that treatment can be suggested. You might be shipped off an alternate kind of specialist (urologist, endocrinologist or sex advisor, for instance) who can help you.

MANAGEMENT AND TREATMENT

How is male sexual dysfunction treated?

Numerous instances of sexual dysfunction can be rectified by treating the psychological or actual issues that cause it. Medicines include:

  • Medications: Medications that assist with working on sexual capacity by expanding blood stream to the penis. Sildenafil (Viagra, Aurogra 100, Suhagra 100), vardenafil (Levitra), and tadalafil (Cialis) are protected and compelling for most men.
  • Hormone therapy: Low degrees of testosterone raised by chemical substitution treatments that incorporate infusions, fixes or gels.
  • Psychological therapy: A mental guide to help you address sensations of tension, sadness, dread or blame that may influence sexual capacity.
  • Mechanical aids:Vacuum gadgets and penile implants that can assist a few men with erectile dysfunction.

PREVENTION

Can male sexual dysfunction be prevented?

While male sexual dysfunction can’t be forestalled, managing the reasons for the dysfunction can assist you with bettering and adapt to the issue when it occurs. To assist with keeping up with great sexual capacity you ought to follow the very program that is prescribed to keep up with cardiovascular wellbeing.

  • Stick to doctor’s treatment plan.
  • Limited alcohol intake.
  • No to smoking.
  • Only heart healthy diet.
  • Do daily aerobic and weight building exercise.
  • Get treatment for stress, depression and anxiety.
  • Communicate better and more with your partner.
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Russian troops provoked a humanitarian catastrophe in Trostyanets

Friday, March 4, 2022

The head of the Sumy Regional Military Administration Dmitry Zhivitsky announced that the Russian army was killing civilian population of Trostyanets city, Sumy Oblast, Ukraine. Dmitry wrote the announcement on his Facebook page and on Telegram, in the Ukrainian language, on March 1, 2022.

“Russian troops turned Trostyanets into hell after occupying the railway station and placing military equipment there. It is impossible to deliver humanitarian supplies to the city and take away people, as well as to bring refrigerated cars to store the corpses of Russians. The Russian military plunder local shops, patrol the streets of the city with machine guns. It is not safe for local residents to go outside. Also, the occupying troops do not allow them to take corpses from the streets. Therefore, the townspeople put them in their cellars and sheds in order to somehow save them and the dogs would not eat them” – Zhivitsky reported, as translated by Wikinews.

In addition, Russian soldiers reportedly blocked the emergency station and shot at a funeral service car.

[edit]

Retrieved from “https://en.wikinews.org/w/index.php?title=Russian_troops_provoked_a_humanitarian_catastrophe_in_Trostyanets&oldid=4665457”
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Harvard University officials update Agassiz Neighborhood Council about local construction in Cambridge, Massachusetts

Thursday, April 28, 2005

Cambridge, Massachusetts —Harvard University planners met with the Agassiz Neighborhood Council to update the community about Harvard’s construction and expansion plans in the neighborhood on April 26, the Harvard Crimson reported today. The two major topics discussed were the Northwest Science Building, which is currently under construction on Oxford Street, and the expansion of the Harvard Law School. According to the Crimson, Harvard officials outnumbered the number of community members present at the meeting.

The plans for law school expansion are still unfinished, the Crimson reported. The director of community relations at Harvard, Thomas Lucey, said that Wyeth Hall may be demolished. According to the Law School website, Wyeth Hall is “the most popular dormitory at Harvard Law School”. It is adjacent to the Berkman Center for Internet and Society on Massachusetts Avenue, just south of Three Aces pizzeria.

The Crimson also noted that Tom Murray, the project manager for the Northwest Science Building, was slated for completion by May of 2007, with landscaping completed the following spring.

A visit to the science building site by Wikinews reporter Pingswept last week verified that the pouring of cement had begun. Four large cranes had been brought to the site; one of them was being used with a clamshell attachment twice the height of a grown man to dig a deep trench. The truck “wheel wash” station marked on the site plan was operational, in the form of a man with a pressure washer, though in this reporter’s brief observations, more windshields were washed than dirty tires.

Retrieved from “https://en.wikinews.org/w/index.php?title=Harvard_University_officials_update_Agassiz_Neighborhood_Council_about_local_construction_in_Cambridge,_Massachusetts&oldid=435784”
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Greek parliament votes in favor of new Papandreou cabinet as debt crisis deepens

Thursday, June 23, 2011

Greek Prime Minister George Papandreou survived a confidence vote by the Greek parliament late Tuesday night, thus allowing Papandreou to form a new cabinet constituted to address Greece’s severe financial debt crisis. The vote’s outcome is viewed as a measure of confidence in the government’s ability to resolve the problems of the deeply-indebted nation and implement the stringent austerity measures necessary for Greece to receive future bailout packages from the European Union (EU).

Papandreou managed to face down internal dissent within his own Panhellenic Socialist Movement over the extremely unpopular austerity measures (he has said the measures are an issue of “life or death”) and the final vote of 155 to 143, with two abstentions, matched Papandreou’s 155 seats. Meanwhile, Greeks were angrily demonstrating against the measures outside, throwing bottles at the parliament building as riot police stood by.

Following the confidence vote, Greece will be in a position to look for further financial aid from the EU to avoid defaulting on its enormous debt, but help from the EU is dependent on the real work that must be done first: the Greek parliament’s implementation of the hugely unpopular austerity measures.

Government spokesman Elias Mossialos said in an interview with Skai Television before the vote that Greece will be unable to pay wages and pensions after July 15 if the government does not secure the EU financing.

Nothing has been done to enhance growth. No single [Greek] indicator has shown strength.

The vote came in the midst weeks of widespread anti-austerity protests and strikes in major cities throughout Greece, involving clashes between police and demonstrators angry with the proposed slew of layoffs in the public sector which are to accompany the Socialist cabinet’s program.

On Wednesday, Pimco, the biggest bond fund in the world, said it was unimpressed with Tuesday’s vote of confidence, saying it believes Greece and perhaps other European economies will ultimately default on their debts. Mohamed El-Erian, chief executive of Pimco, said, “Nothing has been done to enhance growth. No single (Greek) indicator has shown strength.”

We have a unique opportunity [to change the country]. If we falter, if we lose heart and squander it… history will judge us very harshly.

“For the next three years, we’re going to see different economies work out different problems. For European economies, especially Greece, it would be through default,” said Mohamed El-Erian in a video conference.

The euro fell against the dollar on Wednesday as financial markets indicated that the eurozone debt crisis is far from over.

George Papandreou gave an emotional speech to parliament on Wednesday, saying “We have a unique opportunity (to change the country). If we falter, if we lose heart and squander it… history will judge us very harshly.”

Meanwhile, when the new austerity measures move to parliament for a vote, Greece’s major unions are planning to hold a 48-hour general strike.

Retrieved from “https://en.wikinews.org/w/index.php?title=Greek_parliament_votes_in_favor_of_new_Papandreou_cabinet_as_debt_crisis_deepens&oldid=4630089”