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Weekly News from Fyksland

Coverage and translation provided by Vaijskä Radio

Sunday, 18 August, 2002

Air guitar legends strike a chord

NIEKOPENHAAG, Jølantä (AP) - Proving once and for all it's no game for airheads -- or headbangers -- the world's top non-musical guitar maestroes have been showing their mettle. The 7th annual world air guitar championships have been taken place in Niekopenhaag, proving you don't have to be able to play a note to be a world rock star. Top bands like Pink Floyd, Deep Purple and the Grateful Dead have long inspired their fans to a frenzy of imaginary guitar strumming. Full story...

Monday, 19 August, 2002

ORT profit dips, stands by outlook

KAANSÄ, (VKK) - Banking and insurance group ORT on Monday stood by its outlook for higher profits this year after reporting slightly lower first half earnings which included 625 million krons in loan loss provisions. Fyksland's biggest financial group reported 2.354 billion krons in first half operational net profit - the core operating profit figure after tax and excluding items like capital gains on the sale of investments. It said operational earnings per share fell to 11.22 krons from 14.45 krons. Full story...

Tuesday, 20 August, 2002

Eurozone industry output weaker than expected

BRUSSELS, Belgium (Reuters) - Euro zone industrial output was weaker than expected in June and contracted slightly in the second quarter, according to data on Tuesday which suggested economic recovery is struggling to gather momentum. Industrial output in the 12-member region rose 0.5 percent from the previous month and fell 1.2 percent from a year earlier, the European Union statistics office said. Full story...

Wednesday, 21 August, 2002

City not impressed with urban revitalisation presentations

NIEKOPENHAAG, Jølantä (AP) - It's been eight months since the Niekopenhaag waterfront has been rezoned for residential and commercial redevlopment. Today, the City of Niekopenhaag is still searching for the right plan to redevelop the 325-hectare strip of former industrial wasteland. "The proposals we've seen do not coincide with the vision of Niekopenhaag as an affluent centre of Fyksland," said city planner Tina Vestmen who have declined to name the bidders. "The presentations have not been very impressive," Vestmen added. Full story...

Thursday, 22 August, 2002

New York adjusts terroist death toll downward

NEW YORK, U.S.A. (VKK) - Less than three weeks before the first anniversary of the 11 September attacks, New York is still unsure how many people were killed at the World Trade Center that day. The city's police department now counts 2,807 victims in Lower Manhattan. But the total is expected to go lower. About 50 Fyksian nationals were reported missing on 11 September, but the exact number of Fyksian victims are still unknown. Rumours are still surfacing that some of the reported victims have been spotted in countries like Fiji, Greece and the Cayman Islands. "It is sick some people will use this tragedy for personal gain," said SMU detective Lina Hensen who is currently investigating 2 cases of fraud related to 11 September. Full story...

Europe surges to 6-week highs

KAANSÄ (VKK) - European markets closed at six-week highs on Thursday as reassuring corporate results were supported by another positive start on Wall Street. London's FTSE 100 rose 1.6 percent to 4,434.7 and the CAC 40 blue chip index in Paris gained 3.1 percent to 3,592.6, whilst Kaansä's electronically traded Vastoki Index was up 0.5 percent to 3,831.67 in late trading. Full story...

Friday, 23 August, 2002

EU maintains complaint over tarrifs

BRUSSELS, Belgium (VKK) - Europe says it is too early to say whether America's partial withdrawal of tariffs on steel imports will be enough to avoid retaliatory action. The United States acted on Thursday to exempt some steel products from its new increased steel tariffs. Taken with earlier action, more than 50 percent of European Union steel exports are now excluded. But the European Commission says that many EU steel products will still be affected by the remaining tariffs, and says it will continue to pursue a World Trade Organisation complaint. Full story...

Saturday, 24 August, 2002

McAfrika attack for burger giant

KAANSÄ (AP) - Fast food giants McDonald's are being attacked for launching the "McAfrika" burger in Fyksland at the time southern Africa is facing famine. The sale of the new hamburger in one of Europe's most affluent countries has provoked the anger of the Fyksian Red Cross and the country's Christian Aid campaign who say the launch is "tasteless." The pita-style sandwich containing beef, cheese, tomatoes and salad is said to be based on an authentic African recipe and is sold for around 35.50 krons. Full story...

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