Nik Wallenda, first man to complete 1800-feet tightrope walk across Niagara Falls

June 16, 2012

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Ontario, Canada, June 16: Daredevil Nik Wallenda became the first person to walk on a tightrope across the Niagara Falls, taking steady, measured steps Friday night for 1,800 feet across the mist-fogged brink of the roaring falls separating the U.S. and Canada.

"I feel like I'm on cloud nine right now," an exuberant Wallenda told reporters after accomplishing what he said was his childhood dream before an estimated 112,000 people crowding the shores of both countries and millions more who watched a live television broadcast.

He described wind "coming from every which way," mist so powerful he had to blink it away to maintain his vision and a breathtaking view during the nighttime walk illuminated by spotlights that "compared to nothing."

"There was no way to focus on the movement of the cable," said Wallenda, 33. "If I looked down at the cable there was water moving everywhere. And if I looked up there was heavy mist blowing in front of my face. So it was a very unique, a weird sensation."

He said he accomplished the feat through "a lot of praying, that's for sure. But, you know, it's all about the concentration, the focus, and the training."

The seventh-generation member of the famed Flying Wallendas had long dreamed of pulling off the stunt, never before attempted. Other daredevils have wire-walked over the Niagara River but farther downstream and not since 1896.


"This is what dreams are made of, people," said Wallenda, who wore a microphone for the broadcast, shortly after he stepped off from a platform on the American shore.

Along the way, he calmly prayed aloud.

After passing the halfway mark, Wallenda expressed fatigue. "I'm strained, I'm drained," he said. "This is so physical, not only mental but physical."

Toward the end, as he neared the Canadian shore, Wallenda dropped to one knee and pumped his fist while the spectators cheered.


He broke into a playful run about 15 feet from the finish line, where his wife and three children waited.

"I am so blessed," he said later. "How blessed I am to have the life that I have."

ABC televised the walk and insisted Wallenda use a tether to keep him from falling in the river. Wallenda said he agreed because he wasn't willing to lose the chance to perform the walk it took him well over a year to win permission from two countries to do. Such stunts are normally illegal. ABC's sponsorship helped offset some of the $1.3 million cost of the spectacle.

Wallenda said he thought about the tether, which was secured at his waist and dragged behind him, at several points along the 30-minute walk but wasn't hindered by it as he'd feared.

"Awesome! The whole thing is awesome," 8-year-old William Clements of Dresden, Ontario, said after watching the walk with his family from the Canadian side, adding he wouldn't want to walk "even over something not high."

"He was meant to do it. The weather was perfect," said Glenda Rutherford of Ontario. "It was amazing."

For Wallenda, who has grown up on the high wire and holds six Guinness records for various stunts, the Niagara Falls walk was unlike anything he'd ever done. Because it was over water, the 2-inch wire didn't have the usual stabilizer cables to keep it from swinging. Pendulum anchors were designed to keep it from twisting under the elkskin-soled shoes designed by his mother.

The Wallendas trace their roots to 1780 Austria-Hungary, when ancestors traveled as a band of acrobats, aerialists, jugglers, animal trainers and trapeze artists. The clan has been touched by tragedy, notably in 1978 when patriarch Karl Wallenda, Nik's great-grandfather, fell to his death during a stunt in Puerto Rico.

Wallenda said that at one point in the middle of the walk, he thought about his great-grandfather and the walks he had taken:


"That's what this is all about, paying tribute to my ancestors, and my hero, Karl Wallenda."

About a dozen other tightrope artists have crossed the Niagara Gorge downstream, dating to Jean Francois Gravelet, aka The Great Blondin, in 1859. But no one had walked directly over the falls, and authorities hadn't allowed any tightrope acts in the area since 1896. It took Wallenda two years to persuade U.S. and Canadian authorities to allow it, and many civic leaders hoped to use the publicity to jumpstart the region's struggling economy, particularly on the U.S. side of the falls.




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Agencies
July 3,2020

The dollar's dominance will slowly melt away over the coming year on weakening global demand and a sombre U.S. economic outlook, according to a Reuters poll of currency forecasters whose views depend on there being no second coronavirus shock.

Despite fears a surge in new Covid-19 cases would delay economies reopening and stymie a tentative recovery, world stocks have rallied - with the S&P 500 finishing higher in June, marking its biggest quarterly percentage gain since the height of the technology boom in 1998.

Caught between bets in favour of riskier investments, weak U.S. economic prospects as well as an easing in the thirst for dollars after the Federal Reserve flooded markets with liquidity, the greenback fell nearly 1.0 per cent last month. It was its worst monthly performance since December.

While there was a dire prognosis from the top U.S. medical expert on the coronavirus' spread, the June 25-July 1 poll of over 70 analysts showed weak dollar projections as Fed Chair Jerome Powell on Monday reiterated the economic outlook for the world's largest economy was uncertain.

"The dollar rises in two instances: when you see risk off or when there is a situation where the U.S. is leading the global recovery, and we don't think that's going to be the case anytime soon," said Gavin Friend, senior FX strategist at NAB Group in London.

"The U.S. is playing fast and loose with the virus, and chronologically they're behind the rest of the world."

Currency speculators, who had built up trades against the dollar to the highest in two years during May, increased their out-of-favour dollar bets further last week, the latest positioning data showed.

About 80 per cent of analysts, 53 of 66, said the likely path for the dollar over the next six months was to trade around current levels, alternating between slight gains and losses in a range. That suggests the greenback may be at a crucial crossroad as more currency strategists have turned bearish.

But more than 90 per cent, or 63 of 68, said a second shock from the pandemic would push the dollar higher. Five said it would push the U.S. currency lower.

Much will also depend on debt servicing and repayments by Asian, European and other international borrowers in U.S. dollars.

While an early shortage of dollars in March from the pandemic's first shock pushed the Fed to open currency swap lines with major central banks, international funding strains have eased significantly since. In recent weeks, usage of the facility has reduced dramatically.

That trend is expected to continue over the next six months with major central banks' usage of swap lines to "stay around current levels", according to 32 of 46 analysts. While 13 predicted a sharp drop, only one respondent said use of them would "rise sharply".

The dollar index, which measures the greenback's strength against six other major currencies, has slipped over 5 per cent since touching a more than three-year high in March.

When asked which currencies would perform better against the dollar by end-December, a touch over half of 49 respondents said major developed market ones, with the remaining almost split between commodity-linked and emerging market currencies.

"The dollar is so overvalued, and has been overvalued for a long time, it's time now for it to come back down again, as we head towards the (U.S.) election," added NAB's Friend.

Over the last quarter, the euro has staged a 1.8 per cent comeback after falling by a similar margin during the first three months of the year. For the month of June, the euro was up 1.2 per cent against the dollar.

The single currency was now expected to gain about 2.5 per cent to trade at $1.15 in a year from around $1.12 on Wednesday, slightly stronger than $1.14 predicted last month. While those findings are similar to what analysts have been predicting for nearly two years, there was a clear shift in their outlook for the euro, with the range of forecasts showing higher highs and higher lows from last month.

"In comparison to even a month or two ago, the outlook in Europe has improved significantly," said Lee Hardman, currency strategist at MUFG.

"I think that makes the euro look relatively more attractive and cheap against the likes of the dollar. We're not arguing strongly for the euro to surge higher, we're just saying, after the weakness we have seen in recent years, there is the potential for that weakness to start to reverse."

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News Network
June 3,2020

Washington, Jun 3: US President Donald Trump's administration on Tuesday announced investigations into foreign digital services taxes it says are aimed squarely at American tech firms.

Following a similar trade investigation against France last year, the US Trade Representative office now is looking into taxes in Britain and the European Union, as well as Indonesia, Turkey and India.

"President Trump is concerned that many of our trading partners are adopting tax schemes designed to unfairly target our companies," USTR Robert Lighthizer said in a statement.

"We are prepared to take all appropriate action to defend our businesses and workers against any such discrimination."

Washington opposes the efforts to tax revenues from online sales and advertising, saying they single out US tech giants like Google, Apple, Facebook, Amazon and Netflix.

The US and France have agreed to negotiate till the end of the year over a digital services tax Paris approved in 2019, after USTR found them to be discriminating and threatened retaliatory duties of up to 100 percent on French imports such as champagne and camembert cheese.

Trump has embroiled the US in numerous trade disputes since taking office in 2017, including a months-long trade war with China that cooled with the signing of a partial deal in January.

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News Network
June 18,2020

Amsterdam, Jun 18: A statue of Mahatma Gandhi has been vandalised here in the capital of Netherlands by unknown miscreants with graffiti and spray painting, amid a wave of attacks on controversial figures following the protests around the world after the custodial killing of African-American George Floyd, according to media reports.

The statue of Gandhi on the Churchilllaan in Amsterdam was covered with red paint and the pedestal has 'racist' and an abbreviation for an expletive against the police chalked on it, Metro, the Dutch newspaper, reported.

According to alderman Rutger Groot Wassink, the municipality will file a declaration for daubing.

"Obviously, we are opposed to any form of vandalism and daubing of these things is completely unacceptable," the city official was quoted as saying by the AD.nl.

"It is logical that we will file a declaration, the image will be cleaned," Wassink said.

It is not yet known who is behind the daubing. An employee of the Kunstwacht, who provides maintenance and repairs, says that the cleaning work can take hours.

A 75-year-old man saw the daubs on Wednesday and called the municipality. “I have lived here for forty years and I have never experienced this. I have been watching the statue for years," the man said.

Since the death of 46-year-old Floyd on May 25 in Minneapolis, US, and subsequent worldwide Black Lives Matter protests, there has been much debate about street names and statues of people with a colonial past. All over the world, statues of controversial historical figures are brought down or defaced.

Recently, images and buildings have been defaced in various places that refer to the colonial past of the Netherlands, including the Tropenmuseum in Amsterdam and the statue of Piet Hein in Rotterdam. These are anti-racist expressions that follow the death of Floyd through a white police officer, Metro reported.

Gandhi was known as a champion of human rights and non-violence. But in his twenties, which he spent in South Africa, he still called black people “troublesome, very dirty and they live like beasts” and found that the white people were the “dominant race”. Later he renounced those ideas, the report added.

The statue was unveiled on the Churchillaan on October 2, 1990 in honour of Gandhi's 121st birthday.

The design was made by the sculptor Karel Gomes, who died in 2016. At the time, the plan for the statue came from the Hindu organisation Triveda.

Gandhi is depicted walking, featuring robes around the body, slippers on the feet, a book in one hand and a stick in the other.

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