Word of the day

September 4, 2011

Theriake – antitdote against a poisonous bite; practice of giving medicine in sugar syrup to disguise its taste.


6/10

September 4, 2011

6/10 in the Herald’s Question Time.


Fonterra holds forecast payout

September 4, 2011

Fonterra has held its forecast payout at $7.15 – $7.25  per kilo of milk solids for the 2011/12 season in spite of uncertainty in global markets and a high dollar.

Chairman Sir Henry van der Heyden said the Board had reconfirmed the forecast against a background of significant volatility in global markets and foreign exchange rates.

Sir Henry said the recent fall in food commodity prices was largely anticipated when Fonterra announced its opening forecast for 2011/12.

“In volatile economic and market conditions, we could face a range of factors that may affect the season’s Milk Price. But at this very early stage of the season we see no reason to alter the forecast,” Sir Henry said.

“We will continue to monitor possible slowing global economic growth that might translate into weaker dairy demand.”

The final payout for the 2010/11 season will be announced later this month. It is expected to be at or close to the forecast  of $8.00-$8.10 per kilo before retentions although iPredict has an 88% probability it will be higher than that.

The forecast is a valuable tool for farm budgeting and the company does its best to ensure it is as accurate as it can be given the difficulty of that with so many financial, political and climatic variables which can affect both demand and supply of milk all over the world.

However, the drop in payout from the forecast a couple of seasons ago was a reminder for farmers to budget conservatively and most have used this season’s higher returns to reduce debt.


National’s list

September 4, 2011

National Party president Peter Goodfellow is announcing the party’s list for the November election at a media conference which started a couple of minutes ago.

As one of the party’s regional chairs I’m a member of the list ranking committee which spent yesterday on the difficult and demanding task of deciding who went where.

The process is confidential so I will make no comment on the hows and whys of where people are but will copy the list below as soon as it’s public.

1 John Key
2 Bill English
3 Lockwood Smith
4 Gerry Brownlee
5 Tony Ryall
6 Nick Smith
7 Judith Collins
8 Anne Tolley
9 Chris Finlayson
10 David Carter
11 Murray McCully
12 Tim Groser
13 Steven Joyce
14 Paula Bennett
15 Phil Heatley
16 Jonathan Coleman
17 Kate Wilkinson
18 Hekia Parata
19 Maurice Williamson
20 Nathan Guy
21 Craig Foss
22 Chris Tremain
23 Jo Goodhew
24 Lindsay Tisch
25 Eric Roy
26 Paul Hutchison
27 Shane Ardern
28 Amy Adams
29 Peseta Sam Lotu-Iiga
30 Simon Bridges
31 Michael Woodhouse
32 Chester Borrows
33 Nikki Kaye
34 Melissa Lee
35 Kanwaljit Bakshi
36 Jian Yang
37 Alfred Ngaro
38 Katrina Shanks
39 Paul Goldsmith
40 Tau Henare
41 Jacqui Dean
42 Nicky Wagner
43 Chris Auchinvole
44 Louise Upston
45 Jonathan Young
46 Jackie Blue
47 Todd McClay
48 Alan Peachey
49 David Bennett
50 Tim Macindoe
51 Cam Calder
52 John Hayes
53 Colin King
54 Aaron Gilmore
55 Jami-Lee Ross
56 Paul Quinn
57 Paul Foster-Bell
58 Maggie Barry
59 Ian McKelvie
60 Mark Mitchell
61 Mike Sabin
62 Scott Simpson
63 Claudette Hauiti
64 Joanne Hayes
65 Leonie Hapeta
66 Sam Collins
67 Jonathan Fletcher
68 Heather Tanner
69 Denise Krum
70 Carolyn O’Fallon
71 Viv Gurrey
72 Karen Rolleston
73 Brett Hudson
74 Linda Cooper
75 Karl Varley

 Update: Kiwiblog has calcluated the party vote percentage which will determine which list canddaitesa re likely to enter, or stay in, parliament.


Glenn donating $100m if we keep National-led govt

September 4, 2011

Owen Glenn has pledged to donate $100 million to youth and education in New Zealand if we still have a National-led government after the election.

Mr Glenn says the money would be invested from primary school through to tertiary education, and beyond to help New Zealand market its products and services overseas.

The story in the link doesn’t stipulate the condition but it is clear  in the video (from 19:44 )Duncan Garner Sean Plunket who was interviewing Glenn asked him directly if the donation was dependent on National and Act winning the next election and Gleen said that was correct.


Surely next year will be better

September 4, 2011

Who would have thought that today, on the first anniversary of the Canterbury earthquake, life in Christchurch would be no better, and for many worse, than it was a year ago?

A friend had gas hot water until the February quake and he hasn’t had a hot shower in his own home since then.

Many people are in far more difficult circumstances than that. Even those whose homes and businesses aren’t badly affected are feeling the emotional strain from the on-going shakes.

One problem is the bottle neck of stalled property sales because insurance companies won’t provide cover for them. Another is the difference in the price of land in much of the red zone and other parts of the city where people might be able to build new homes.

People are living in limbo waiting for decisions and progress and are understandably running out of patience.

In a rare move, Cabinet will meet in Christchurch on Monday. They will be able to see for themselves the extent of the problems and get a better idea of what is needed to help with the recovery.

They can’t stop the shakes but hopefully they will be able to do something to ensure that the next year will be a better one for the city and its people.


September 4 in history

September 4, 2011

476 Romulus Augustus, last emperor of the Western Roman Empire, was deposed when Odoacer proclaimed himself King of Italy.

626  Li Shimin, posthumously known as Emperor Taizong of Tang, assumed the throne of the Tang Dynasty of China.

1666 In London, the worst damage from the Great Fire occurred. 

1781 Los Angeles, California, was founded as El Pueblo de Nuestra Señora La Reina de los Ángeles de Porciúncula (The Village of Our Lady, the Queen of the Angels of Porziuncola) by 44 Spanish settlers.

1812  War of 1812: The Siege of Fort Harrison began when the fort was set on fire.

1862  Civil War Maryland Campaign: General Robert E. Lee took the Army of Northern Virginia, and the war, into the North. 

1863 Soon after leaving Nelson for Napier, the newly built brig Delaware was wrecked. Accounts of the incident often focus on the heroism of Huria Matenga, the only woman in a party of five local Maori who assisted the crew to shore.

1870  Emperor Napoleon III of France was deposed and the Third Republic  declared.

1884  The United Kingdom ended its policy of penal transportation to Australia.

1886  Indian Wars: after almost 30 years of fighting, Apache leader Geronimo, with his remaining warriors, surrendered to General Nelson Miles.

1888  George Eastman registered the trademark Kodak and received a patent for his camera that used roll film.

1894  In New York City, 12,000 tailors struck against sweatshop working conditions.

1901 William Lyons, British industrialist (Jaguar cars), was born (d. 1985).

1917 Henry Ford II, American industrialist, was born (d. 1987).

1919 – Mustafa Kemal Atatürk gathered a congress in Sivas to make decisions as to the future of Anatolia and Thrace.

1923 – Maiden flight of the first U.S. airship, the USS Shenandoah.

1937 Dawn Fraser, Australian swimmer, was born.

1941  World War II: a German submarine mades the first attack against a United States ship, the USS Greer.

1944  World War II: the British 11th Armoured Division liberated the Belgian city of Antwerp.

1948  Queen Wilhelmina of the Netherlands abdicated for health reasons.

1949  Maiden flight of the Bristol Brabazon.

 

1949  The Peekskill Riots erupted after a Paul Robeson concert in Peekskill, New York.

1950  First appearance of the “Beetle Bailey” comic strip.

1950  Darlington Raceway was the site of the inaugural Southern 500, the first 500-mile NASCAR race.

 

1951 Martin Chambers, English drummer (The Pretenders), was born.

1951  The first live transcontinental television broadcast took place in San Francisco, California, from the Japanese Peace Treaty Conference.

1956  The IBM RAMAC 305 was introduced, the first commercial computer to use magnetic disk storage. 

1957  American Civil Rights Movement: Little Rock Crisis – Orval Faubus, governor of Arkansas, called out the National Guard to prevent African American students from enrolling in Central High School. 

1957  The Ford Motor Company introduced the Edsel

1963  Swissair Flight 306 crashed near Dürrenäsch, Switzerland, killing all 80 people on board.

1964  Scotland’s Forth Road Bridge near Edinburgh officially opened.

1967  Vietnam War: Operation Swift began: U.S. Marines engaged the North Vietnamese in battle in the Que Son Valley.

1971  A Boeing 727 Alaska Airlines Flight 1866 crashed near Juneau, Alaska, killing all 111 people on board.

1972 Mark Spitz became the first competitor to win seven medals at a single Olympic Games.

1975  The Sinai Interim Agreement relating to the Arab-Israeli conflict was signed.

1977 The Golden Dragon Massacre in San Francisco, California.

1984  Brian Mulroney led the Canadian Progressive Conservative Party to power in the 1984 federal election, ending 20 years of nearly uninterrupted Liberal rule.

1995 The Fourth World Conference on Women opened in Beijing with morethan  4,750 delegates from 181 countries in attendance.

1996  War on Drugs: Revolutionary Armed Forces of Colombia (FARC) attacked a military base in Guaviare, starting three weeks of guerrilla warfare in which at least 130 Colombians were killed.

1998  Google was founded by Larry Page and Sergey Brin, students at Stanford University.

2010 – Magnitude 7.1 earthquake rocked Canterbury.

Sourced from NZ History Online & Wikipedia


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