Government Might Become Majority GM Shareholder
General Motors has offered its final plan to reorganize in an effort to avoid bankruptcy. The car company has proposed slashing bond debt, cutting over 21,000 more U.S. jobs and emerging as a nationalized automaker under majority control by the U.S. government. The proposed restructuring would also shut down GM’s Pontiac operations. As part of the restructuring, GM is asking the Treasury Department for an additional eleven point six billion dollars in loans, in addition to the fifteen point four billion it has already received.
GM CEO Fritz Henderson: “I do think that General Motors will remain a global corporation without a doubt, but I think there’s no question in my mind also that the nature of those global relationships will change.”
Henderson said GM would probably declare bankruptcy if the bondholders reject the terms. By the time it is finished, G.M. expects to have only 38,000 union workers and 34 factories left in the United States, compared with nearly 400,000 workers in more than 150 plants at its peak employment in 1970.
Report: UAW To Own 55% of Chrysler Under Restructuring Deal
There are major developments in the proposed restructuring of Chrysler. The car company and labor leaders have agreed to a tentative deal where the United Auto Workers union’s retiree health-care fund would become the majority shareholder of Chrysler in exchange for cutting in half what the automaker owes the health care trust.
WHO Raises Pandemic Threat Level Over Swine Flu Fears
The World Health Organization has raised its pandemic threat level one notch as more cases of swine flu become known. In Mexico officials say 149 people have died from influenza but only 26 of the deaths have been confirmed to be swine flu. Nearly 2,000 people have been hospitalized with serious pneumonia. In the United States, the Centers For Disease Control has doubles it s number of confirmed U.S. cases to 48. Cases have also been confirmed in Canada, Spain, Britain and Israel but no deaths have been reported outside Mexico.
Flu expert Dr. John McCauley: “I think we are facing the danger of pandemic for the following reasons. One, this is a new virus that humans have not seen before. We have not come across a virus exactly like that. We have seen other H1N1s but not this particular variant. And so it’s a new virus to which humans appear to have no significant immunity. Secondly, it is spreading human to human. And so these are the hallmarks of a virus that could become a pandemic virus.”
CDC Dismisses EU Travel Advisory
Mexico has responded to the outbreak by shutting down all schools nationwide for more than a week and placing limits on public gatherings. The European Union has urged travelers to avoid the United States and Mexico “unless it is very urgent for them.” Richard Besser, acting director of the Centers for Disease Control, criticized the EU travel warning.
Richard Besser: “Based on the situation in the United States right now, I think it is quite premature to be putting travel restrictions on people coming to the United States. We have 20 cases of swine flu, we’re doing active surveillance. So far we’ve seen one hospitalization.”
Researchers believe the outbreak of swine flu may have occurred near a Mexican factory pork farm partly owned by Virginia-based Smithfield Foods, the largest producer of hogs in the United States. At the United Nations, Secretary General Ban Ki-Moon warned poor nations may be hit particularly hard by the flu outbreak.
Ban Ki-Moon: “The swine flu outbreak shows yet again that in our interconnected world no nation can deal with threats of such dimension on its own. Poor nations are especially vulnerable. They have been hit hard by other crisis this year-food, energy, the global economy, climate change. We must ensure that they are not also hit disproportionately hard by a potential health crisis.”
380 Same-Sex Couples Marry in Iowa
In Iowa, more than 380 same-sex couples applied for marriage licenses Monday following a state Supreme Court ruling legalizing same-sex marriage. Dozens of couples held weddings Monday after being granted waivers of Iowa’s three-day waiting period.
Jennifer Waldron: “I’m actually quite overwhelmed right now with emotion which actually really surprises me. but just to have the validation from the public that we are in a loving and committed relationship and that it’s important.”
91 Disability Rights Activists Arrested Outside White House
Over 100 people were arrested in Washington on Monday during a series of unrelated demonstrations. 91 disability rights activists were arrested after members of the group ADAPT chained their wheelchairs to the White House fence. The protest was held to raise awareness of the Community Choice Act, pending legislation that they said would allow disabled individuals to use their Medicaid payments for community-based services.
Five Members of Congress Arrested At Sudanese Embassy
Five members of Congress were arrested Monday outside the Sudanese embassy during a demonstration condemning Sudan’s decision to expel 16 aid agencies from Darfur.
The arrested included Democrats John Lewis of Georgia, Keith Ellison on Minnesota, Lynn Woolsey of California, Donna Edwards of Maryland and Jim McGovern of Massachusetts. They were charged with crossing a police line, a misdemeanor, and released.
Seven Greenpeace Activists Arrested
Also on Monday seven Greenpeace activists were arrested for scaling a construction crane and unfurling a banner with a picture of Earth and the message “Too big to fail.”
Blackwater Training Site in Illinois Picketed; 22 Arrested
In Mt. Carroll, Illinois, 22 people were arrested Monday at a protest outside a training site run by Xe, the company formerly known as Blackwater.
30,000 Pakistanis Flee Fighting in Northwest Region
In Pakistan as many as 30,000 people have fled Northwest Pakistan in recent days to escape fighting between the Taliban and Pakistani military. Al Jazeera reports civilians left their homes after the Pakistani military began their assault on Sunday against Taliban fighters in Lower Dir, near the Taliban-held Swat valley. The military action in Lower Dir comes weeks after the government allowed the Taliban to implement their interpretation of Islamic law in the neighboring Swat valley. Critics of Pakistan’s deal with fighters in Swat say that it has only emboldened the Taliban.
Sri Lanka Blocks UN Aid Mission
The Sri Lankan military has blocked a United Nations aid mission from entering the area where the Sri Lankan military continues to attack Tamil Tiger separatists. Some 50,000 civilians are believed to be trapped in the conflict zone. John Holmes, the UN humanitarian affairs chief, failed in his attempt to bring a halt to the fighting.
John Holmes: “I think our view is that the key point is when this conflict comes to an end, however it ends, I think it is much better if it ends without more civilian bloodshed, then there is a real need to address the political issues, to define solutions to the political problems which underlie all this, to react in a generous way to make sure that not only win the military victory but win the peace as well. Obviously that is the solution.”
Meanwhile Sweden’s foreign minister has been refused entry to Sri Lanka. Carl Bildt was due to visit Sri Lanka on a European mediating mission aimed at bringing about an immediate ceasefire between the Sri Lankan military and the LTTE. On Sunday the Sri Lankan government rejected a Tamil Tiger call for a unilateral ceasefire.
Obama Admin Seeks Reversal of Mountaintop Mining Rule
The Interior Department said Monday it will try to overturn a Bush administration rule that made it easier for coal mining companies to dump mountaintop debris into valley streams. Interior Secretary Ken Salazar said he will ask the Justice Department to go to the courts to withdraw the Bush regulation and send it back to Interior to stop the policy.
Report: Israel Built 9,000 Homes in Occupied Territories Under Olmert
A new report has determined the Israeli government under Ehud Olmert built or issued bids for some 9,000 settlement homes for Israelis in the occupied West Bank and Jerusalem. The Israeli watchdog groups Peace Now and Ir Amim urged President Barack Obama to step in quickly and pressure Israel’s new prime minister, Benjamin Netanyahu, to halt further settlement expansion.
Group: 2008 Was Deadliest Year For Palestinians Since 1948
The Palestinian Centre for Human Rights says more than 1,000 Palestinians were killed in 2008 in the Gaza Strip and West Bank, making it the deadliest year since Israel was founded in 1948. A total 860 Palestinians were killed by Israeli troops in Gaza and the West Bank. Another 161 Palestinians were killed in factional fighting.
Detained Iranian-American Journalist Continues Hunger Strike
The Iranian-American journalist Roxana Saberi has entered her second week of a hunger strike protesting her imprisonment in Iran. She was sentenced earlier this month to eight years of imprisonment this month on charges of spying for Washington. Her father, Reza Saberi, said she plans to continue her hunger strike until she is released. Roxana turned 32 on Sunday.
Conde Naste Closes Portfolio Magazine
And in media news, Conde Nast has decided to close the two-year-old magazine Portfolio. Meanwhile newly released statistics show paid weekday newspaper circulation has fallen seven percent over the past six months.