Seaspan Fairfax Ink Deal on USD 250 Mn of Investment

first_imgzoom Hong Kong-based ship owner and manager Seaspan Corporation has signed definitive agreements with Fairfax Financial Holdings Limited for USD 250 million of investment.In late December 2017, the company entered into a letter of intent pursuant to which Fairfax Financial Holdings Limited, through certain subsidiaries, will make the investment in exchange for the issuance of 5.5% interest bearing unsecured debentures and Class A Common Share purchase warrants.The parties informed that the transaction is expected to close before March 1, and Seaspan intends to use the proceeds from the investment to fund future growth initiatives, debt repayment and for general corporate purposes.“The Fairfax investment is a significant milestone that will better focus our efforts on leveraging our industry leading position to take advantage of accretive growth opportunities going forward,” Bing Chen, Chief Executive Officer of Seaspan, said.“We welcome the insights that Fairfax will bring to our board, while our extraordinary Seaspan team continues to provide the best solutions to our customers around the world,” Chen added.last_img read more

Province Helps Seed Potatoes Take Root

first_imgS&J Potato Farms is gearing up to expand its markets. The company, which has been operating since 1997, currently employs 25 full- and part-time seasonal workers to supply seed potatoes to the potato grower industry for regional and export markets. The province is investing $250,000 in S&J to upgrade equipment and ensure the operation remains competitive. The loan will enable the company to take advantage of opportunities to expand its markets. “We appreciate the support of the province,” said Steve Ellis, president of S&J Potato Farms Inc. “This loan will allow us to increase our efficiencies and grow the business.” The company manages 2,500 acres in the Amherst Shore area, where it rotates 750 acres of seed potatoes in a three-year rotation with grain and hay. -30-last_img read more

Minister Invites Public Input on Mikmaq Services

first_imgThe public is invited to respond to a report recommending improvements to the Department of Education’s Mi’kmaq service division. The report examines the structure, mandate and effectiveness of the division, which was created a decade ago to help address the unique academic and cultural needs of First Nations students. “There have been many improvements in the delivery of Mi’kmaq education over the years,” Education Minister Karen Casey said today, Oct. 5. “However, it is also important that we review our progress and look at what we need to do to continue to improve service to Mi’kmaq and other First Nations students.” Members of the Mi’kmaq community, including band councils and the Council on Mi’kmaq Education, provided input on the future direction of the division at four meetings last spring. The report makes recommendations in five key areas: communication, structure, policy, service delivery and curriculum. Members of the public can respond to the report by e-mail to mikmaqreport@gov.ns.ca or by writing to the Department of Education, Corporate Policy, P.O. Box 578, Halifax, N.S., B3J 2S9. Comments on the report will be accepted up until Nov. 9. The review was conducted by Theresa Meuse, a Mi’kmaq education consultant. A copy of the review can be viewed at http://mikmaq-services.ednet.ns.ca/last_img read more

We will be neutral wont take anyones opinion Gaekwad on coach selection

first_imgKolkata: The Kapil Dev-led Cricket Advisory Committee (CAC) tasked to appoint new head coach will not be prejudiced, former India coach and member of the panel Anshuman Gaekwad said on Wednesday. The Kapil Dev-led committee which also has Shantha Rangaswamy as the third member will conduct interviews as the deadline for filing the applications for the head coach and support staff got over on Tuesday. Incumbent Ravi Shastri, who was given a 45-day extension after their contract expired at the end of the World Cup 2019, has already got the backing of skipper Virat Kohli who said the team would be happy if the former India allrounder continues. Also Read – Puducherry on top after 8-wkt win over Chandigarh “There’s no question of what Kohli says or anybody says,” Gaekwad told PTI, pointing out that the same committee did not consult anyone while appointing WV Raman as India women’s coach last year despite a lot of controversy. “If you remember the appointment of women’s coach, there was a lot of controversy. But we didn’t take anyone’s opinion,” the former India batsman and coach said. “See, whatever (Virat) Kohli or (Ravi) Shastri may say, we have to adhere to BCCI. He was asked about his preference (at the press conference) and Kohli gave his preference for Ravi Shastri. We have nothing to do with that. We are neutral and we would go with an open mind,” the 66-year-old said. Also Read – Vijender’s next fight on Nov 22, opponent to be announced later He said the three committee members are awaiting the BCCI guidelines on coach selection as they are yet to discuss the matter among themselves. “We will act as per the guidelines. We are waiting for that. I have been a coach in the past so too was Kapil. The important thing is man-management, planning, and technical expertise,” he said. “These three things are most important for a coach to succeed. The Indian team is doing well. But to get them to do better these are the three things. There are a lot of things. But these are the main things.We the committee are yet to talk within ourselves. We have no idea when we’re meeting. So, just wait and watch,” the former India opener added. Asked about his comments in the media that Shastri has “done well”, Gaekwad said: “Everyone has seen our performance and what happened in the World Cup. “As a CAC member now, I do not want to give any opinion. At this juncture, I would not like to court anymore controversy by commenting about their show,” he said.last_img read more

Food waste in Canada is staggering But is it our fault

first_imgWe waste enough food every year in Canada to feed a second country. The scope of the problem has finally been measured and it’s immense. But food waste is not what you probably think it is.How do we track the quantity of food we waste and, more importantly, figure out where it gets wasted? How can we begin to redirect some of that food to people who need it? Are we part of the problem, or is that produce you bought in bulk and let spoil in the fridge nothing more than a drop in the bucket? GUEST: Lori Nikkel, CEO, Second HarvestAudio Playerhttp://radio.pmd.rogersdigitalmedia.com/podcasts/thebigstory/tbs_05092019.mp300:0000:0000:00Use Up/Down Arrow keys to increase or decrease volume.You can subscribe to The Big Story podcast on iTunes or Google Play.You can also find it at thebigstorypodcast.ca.last_img read more

Christian Serratos Stars In New PETA Ad

first_imgWearing a corset and calaveras-inspired makeup and standing in a fog-filled graveyard, Twilight star Christian Serratos – known to fans of the series as Bella’s friend Angela – is featured in a new ad for PETA inspired by Día de los Muertos (the Day of the Dead) that reads, “Respect Life. Go Vegetarian”.The ad, which was shot by top celebrity photographer Robert Sebree, goes on to say, “Factory farms are hell for animals, and their death is slow and painful. Help animals by not eating them”.“When I stopped eating meat, I noticed that it was easier for me to focus, and I was really proud of myself for being green also. … I had a plethora of reasons for going vegetarian,” says Serratos, who has worked with PETA US since she was 14 years old. “I was eating meat and didn’t know how it affected my health …. I just felt better and brighter and lighter, and I had more energy …. It was a big deal to me, being an animal lover, that I realized what I was eating, and I didn’t separate myself from, say, my animals, my pets.”In today’s industrialized meat and dairy industries, chickens and turkeys can have their throats cut while they’re still conscious, piglets have their tails and testicles cut off without being given any painkillers, fish are suffocated or cut open while they’re still alive on the decks of fishing boats and calves are torn away from their mothers within hours of birth.Serratos’ previous work with PETA includes being the youngest person to appear in the group’s “I’d Rather Go Naked Than Wear Fur” campaign. She joins a long list of celebrities – including Twilight costars Kellan Lutz and Booboo Stewart as well as Justin Bieber, Penelope Cruz, Alicia Silverstone and Eva Mendes, among many others – who have teamed up with PETA to promote kindness to animals.last_img read more

Burqa Ban in Morocco A Debate Between Security and Freedom

Rabat – The Moroccan Ministry of Interior notified burqa producers and retailers of the immediate prohibition on the sale as the destruction of current stocks.Copies of the notices have circulated on social networks, resulting in heated debate.News website Le360 quoted a high ranking official at the Ministry of the Interior as saying, “We have taken the necessary measures to completely ban the import, manufacturing and marketing of this garment in all cities and towns of Morocco.” What is this ban about? Apparently, it is about “security,” further explains Le360. “Traders have confided that this decision is motivated by security reasons, some criminals having repeatedly used this garment to perpetrate their crimes,” it added.In fact, no Moroccan law prohibits the wearing of the burqa, nor is its manufacturing or sale prohibited. .“The decision of the Ministry of Interior is illegal and void since it’s not based on any legal text,” said the Observatory of the North of Human Rights (ONDH), which denounced the ban as a “Violation of women’s rights to express themselves and dress freely.” Moroccan media have been quick to point out that the burqa is not actually a Moroccan garment, but rather an Afghan fashion tradition.Hammad Kabbadj: A DistractionHammad Kabbadj whose candidacy for legislative election was rejected by the Ministry of the Interior because his views were deemed too extremist, finds it “unfair” to prohibit the integral veil while the “western” bikini is considered an unalienable right. “It is unacceptable to forbid citizens from wearing the oriental niqab, or to interfere in its marketing,” said the Salafist.In a post on Facebook, this member of the PJD argues that the prohibition “goes against the law and Human Rights.”“In my personal opinion, this is a perverse behavior of public authorities, the same ones that orchestrated the famous Casablanca demonstration against Abdelilah Benkirane,” he claimed. “It is false to think that the integral veil is a form of radicalism, it is on the contrary, a symbol of virtue agreed upon by the unanimity of our imams, or Malékites, who approve of it.”Kabbaj concludes sayins that this clothing should be allowed, and warns the Moroccan public opinion that this “controversy is only an attempt to divert public opinion from the deadlock in the formation of a coalition of the government.[screenshot of his FB post]Fizazi: “The burqa is not a Moroccan garment”Mohamed Fizazi, a former Salafist who was once imprisoned following the 2003 terrorist in Casablanca, does not disapprove of the ban, so long as Moroccans can always wear the hijab… “I do not know what a burqa is. All I know is the djellaba, the veil and the hayk, traditional Moroccan garments passed on from generation to generation,” he was quoted by website Badil as saying.The preacher insists that he is against the import of cultural dressing models of any state, whether that state is Afghanistan or Switzerland.  “We should not associate the   ban of the Burqa with the headscarf, which is the law of God and an obligation, and this ban can never be carried out in the Sherrifian Kingdom. The import of the burqa, which represents a certain tendency among some extremist or jihadist groups, is a different matter, he added.Civil Society: A violation of international conventionsCivil society activists were also quick to react. The ONDH, or Northern Observatory of Human Rights, published a press release immediately after the ban was announced on Monday, condemning the decision of the Ministry of the Interior. The ban is “arbitrary and infringes the rights of women to express themselves and dress freely. Clothing is a mean of expressing their identities, cultural, political and social convictions,” the ONDH said.The human rights watchdog added that the decision is in “contradiction with the international conventions of which Morocco is a participant. The decision of the Ministry of the Interior is illegal and void because it does not rely on any legal text. It is an attempt to impose conformity on Moroccan society by the parties behind this decision, to attack diversity and crack down on freedoms.On social media, the debate continues between supporters and opponents of the ban. While some agree this is the right initiative to take in times when the threat of terrorism is more pervasive than ever, others see the ban as an “infringement on women’s rights, and an unnecessary discriminatory step against Muslim women.” read more

Boycott Sales Figures Drop for Sidi Ali Centrale Danone

Rabat – According to the latest figures, the boycott has negatively impacted the earnings of the companies it targeted.The boycott, launched on April 20, targeted three companies with large market shares for high prices in the Moroccan market: Sidi Ali, Centrale Danone, and Afriquia Gaz.Significant financial loss for Centrale Danone The main actor in the Moroccan dairy sector, Centrale Danone, experienced the largest loss. The company suffered a net loss of MAD 115 million in the first half of 2018 in comparison to a net gain of MAD 56 million during the same period in 2017.The dairy company found itself forced, in the face of angry boycotters, to reduce the quantity of milk it purchased from farmers and release more than 800 employees working under interim contracts.The company broke its silence less than two weeks into the boycott and launched consulting campaigns with consumers in Casablanca, Marrakech, Rabat, Meknes, and Agadir, to collect proposals from consumers in order to find a compromise on a price for milk. The campaigns ended by reducing the price of 1 liter of milk from MAD 7 to MAD 6.40 to satisfy and meet the purchasing power of consumers.Centrale Danone is a subsidiary of the multinational French company Danone, managed by Emmanuel Faber. Faber visited Morocco in the midst of the boycott to attempt to reconcile with consumers.Read also: Centrale Danone Cuts Profits, Lowers Prices to Please Customers Sidi Ali’s sales drop by 87%Oulmes Mineral Water, known for its subsidiary Sidi Ali, has netted only MAD 9.74 million in the first half of 2018, down 87 percent from net earnings in the first half of 2017. A dominating shareholder of the bottled water market with 72 percent of the market, Sidi Ali attributed its high prices to the government’s high taxes. Sidi Ali said it paid MAD 657,072,912 in taxes, which includes VAT, water resource utilization fee, a local domestic consumption tax, the environmental tax and tax mark fees. The 2017 tax burden represented an increase of 9.8 percent in comparison to 2016.The tax paid to the Oulmes locality was MAD 99,056,958, while the water abstraction fee was MAD 48,288,916.Oulmes pointed out that Sidi Ali’s profit margin, after deducting all expenses, is 7 percent, or MAD 0.40 per liter.According to the company’s data, released in fiscal year 2017, its profits exceeded 195 million, a growth of 16 percent compared to 2016, which generated MAD 165 million in profits. The former president of the General Confederation of Enterprises of Morocco (CGEM), Miriem Bensaleh-Chaqroun, owns Oulmes Mineral Water company and its subsidiaries, Sidi Ali; Ait Atlas; Bahia; and carbonated water, Oulmes. The company distributes its products in the Middle East, Africa, and Europe.Read also: Boycott: Sidi Ali-Oulmes Earned MAD 195 Million in 2017Afriquia Gaz continues it’s silence Afriquia Gaz’s net profits are not available, as the company is not on the stock market and not responsible to release any financial data.Afriquia Gaz and other fuel companies have raised their profit margin since the liberalization of fuel prices in December 2015 under Abdelilah Benkirane’s government.An MP in the Federation of the Democratic Left (FGD), Omar Balafrej, strongly criticized national fuel companies and called for the government to retrieve the amount that customers paid above the previously regulated price since liberalization.The minister of agriculture and fisheries, Aziz Akhannouch, owns Afriquia Gaz, which is part of the holding group, Akwa Group, founded by Akhannouch’s father. Akhannouch strongly defended Centrale Danone during the boycott but did not speak out about his own company.Read also: Boycott in Morocco: Is This the End of the PJD?The Moroccan government, under Head of Government Saad Eddine El Othmani, said that the boycott would discourage foreign investors.Official data show that during the period of August 2017-2018, foreign direct investments fell to MAD 14.6 million, according to El Othmani.  The boycott has raised calls to set a cap on fuel, dairy, and mineral water prices to meet Moroccans’ purchasing power and reactivate the regulatory body to open the field for competition and combat companies with large market shares. read more

Key developments in the crash of AirAsia jet en route from Indonesia

An AirAsia jet with 162 people on board crashed Sunday morning while flying from Surabaya, Indonesia, to Singapore on a scheduled two-hour flight. Here’s a look at the latest developments:___BODIES AND DEBRIS FOUNDAfter searching for two days, searchers on Tuesday found bodies and debris floating in waters about 160 kilometres (100 miles) from land and 10 kilometres (6 miles) from Flight 8501’s last known co-ordinates.Searchers discovered what appeared to be a life jacket and an emergency exit door. Part of the plane’s interior, including an oxygen tank, was brought to the nearest town, along with a suitcase that appeared to be in perfect condition.Several corpses were spotted off Borneo island. Search and rescue teams were lowered on ropes from a hovering helicopter to retrieve the corpses, their efforts hindered by 2-meter-high (6-foot-high) waves and strong winds. They were recovered, swollen but intact, and taken to an Indonesian navy ship.___ANGUISHED RELATIVESTelevision coverage of the discovery sent a spasm of pain through the room at the Surabaya airport where relatives were waiting for news, especially as it showed a half-naked man floating in the water, a shirt partially covering his head.Many screamed and wailed uncontrollably, breaking down into tears while they squeezed each other. One middle-aged man collapsed and had to be carried out on a stretcher.___CEO’S RESPONSEMalaysian businessman Tony Fernandes, AirAsia’s chief and the face of the company, tweeted Tuesday: “My heart is filled with sadness for all the families involved in QZ 8501. On behalf of AirAsia my condolences to all. Words cannot express how sorry I am.” By evening, he had flown back to Surabaya to meet passengers’ families.Fernandes is a vocal leader who enjoys interacting with the public at airports and on social media. AirAsia passengers often tweet him photos of their vacations, images Fernandes then shares with his followers.___INTERNATIONAL EFFORTSeveral countries are helping Indonesia retrieve the wreckage and the passengers.The United States on Tuesday announced it was sending the USS Sampson destroyer, joining at least 30 ships, 15 aircraft and seven helicopters in the search for the jet, said Indonesia’s Search and Rescue Agency chief Henry Bambang Soelistyo.A Chinese frigate was also on the way, while Singapore said it was sending two underwater beacon detectors to try to detect pings from the plane’s all-important cockpit voice and flight data recorders. Malaysia, Australia and Thailand also are involved in the search.___AIR ASIA PLANE OVERSHOOTS RUNWAYAn AirAsia Zest plane carrying 159 people overshot the runway and got stuck in a muddy field Tuesday at an international airport in the central Philippine resort town of Kalibo in Aklan province after landing from Manila in windy weather, officials said. There were no reports of injuries.The incident came two days after an AirAsia Zest plane developed a tire problem in the central Philippine city of Tagbilaran while its 184 passengers and crew were boarding, prompting the airline to cancel the flight to Manila. No reason was given for the problem.AirAsia Zest is partly owned by AirAsia Philippines. by The Associated Press Posted Dec 30, 2014 5:02 am MDT Relatives of passengers of the missing AirAsia Flight 8501 react upon seeing the news on television about the findings of bodies on the waters near the site where the jetliner disappeared, at the crisis center at Juanda International Airport in Surabaya, East Java, Indonesia, Tuesday, Dec. 30, 2014. Bodies and debris were seen floating in Indonesian waters Tuesday, painfully ended the mystery of AirAsia Flight 8501, which crashed into the Java Sea and was lost to searchers for more than two days.(AP Photo/Trisnadi) Key developments in the crash of AirAsia jet en route from Indonesia to Singapore AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to RedditRedditShare to 電子郵件Email read more

Gretzky trade shattered Canadas hockey innocence sports writer

Stephen Brunt speaking to Sport Management students at BrockFor Canadian hockey fans possessive of their country’s talent, Wayne Gretzky’s 1988 trade to the Los Angeles Kings was a tear jerker, says Stephen Brunt, Globe and Mail sports writer and author of seven books.The Great One summed it up for all of us during the pivotal news conference announcing his trade from the Edmonton Oilers to sunny California. The spin was working well for the American franchise, Brunt told a Brock audience Dec. 3. Then Gretzky began to cry.“It was as if this guy was being dragged away against his will,” Brunt said. “It was something of ours that was being taken from us.“It was an American coming in, plunking down money and saying ‘I want that.’ And that resonates pretty deeply in our culture.”Brunt spoke at Brock to promote his new book, Gretzky’s Tears: Hockey, Canada and the Day Everything Changed. It is an account of the trade and its impact on Canadian sports culture. The Department of Sport Management hosted the event.With the trade, Brunt said, Gretzky showed that he was a new breed of athlete. His girlfriend, Janet Jones, was a Hollywood actress. He was already living in Los Angeles during the off-season anyway, Brunt said.“He understood how big he could be,” he said. “He was maxed out in Canada in terms of how much he could make.”Gordie Howe once took a jacket from the Detroit Red Wings in lieu of a pay raise, Brunt said, because playing hockey in Detroit was still better than working on a farm in Saskatchewan. Gretzky introduced a new concept – the “athlete entrepreneur.”Brunt answered questions from the floor on a range of topics, including recent attempts by the Buffalo Bills to hold home games in Toronto.The attempts, Brunt said, overlook why sports teams are so successful – the loyalty of the hometown crowd.“(Buffalo) is selling out this year because people live and die with that team,” he said. “That’s something you can’t just transport to Toronto. It’s not that Toronto isn’t big enough, or that it doesn’t like football. It’s that Toronto doesn’t care about that team. If Toronto was on the front of those jerseys, it would be a different story.”Stephen Brunt signs copies of his new book, Gretzky’s Tears read more

Brock alumnus competes on The Amazing Race Canada

Brock alumnus Gino Montani (left) and his brother Jesse will compete on The Amazing Race Canada, which kicks off its third season Wednesday night on CTV.To most people, a tangerine is just a citrus fruit.To brothers Gino and Jesse Montani, a tangerine is an opportunity.After all, it was their idea to have a tangerine-eating contest against each other that got them cast in a national television series.When Gino, who graduated from Brock with his human geography degree in 2008, and Jesse put together an audition tape for The Amazing Race Canada, they sealed their fate with a spontaneous challenge to see who could wolf down a tangerine quickest.“I knew in order to beat him, I couldn’t chew it,” Gino, 28, said. “I gulped it. He looked over and started laughing. He wasn’t expecting that so I guess I’m a tangerine-eating champion.”But they worked for five weeks this spring to be champions together of the Canuck version of the travel contest show, which kicks off its third season Wednesday night on CTV.Though contracts have sworn them to secrecy about how they fared, or even what challenges they embarked upon during filming, they won’t hesitate to say they had the “time of our lives” doing the show.There was also a sentimental component to landing spots in what’s being dubbed as this week’s must-see TV by the Toronto Sun.The Monatnis’ father, Gino Sr., was a loyal fan of The Amazing Race. He passed away last fall, but Gino and Jesse are fairly certain what he’d think of his boys competing on one of his favourite programs.“He’d be very critical of everything we did, but we know he’d be super stoked. He’d be telling everyone,” Jesse, 25, said.“He had high expectations and every little mistake, he’d be very critical,” added Gino, who fondly remembers his years at Brock.It’s easy to be an armchair Amazing Racer, knowing what contestants should be doing, and dissecting their decisions when watching them on TV. Being in the heat of competition, however, brings with it new perspective, Gino noted.“When you’re actually in a situation and you feel pressure, and you don’t want people passing you… every game plan goes out the window,” he explained. “I didn’t want to let Jesse down or Canada.”Still, even all that brotherly love couldn’t keep at bay the tension that sometimes comes with navigating one’s way to the next level of a contest that boasts a grand prize of $250,000.That’s because growing up with someone doesn’t mean you know everything about them. So spending five weeks running around Canada in search of reality television glory was a bonding experience unlike any other.Whatever the outcome of The Amazing Race Canada – the winner will be revealed in September – the brothers win at conflict resolution.“The thing about me and Gino is, we’re Italian brothers, so we bicker,” Jesse said. “But it always ends in a hug.” read more

Ohio States JT Barrett named Big Ten Freshman of the Year

Despite being out for the remainder of the season with a fractured ankle, redshirt-freshman quarterback J.T. Barrett was named the Big Ten Thompson-Randle El Freshman of the Year on Tuesday.Barrett picked up the award a day after he was named first team All-Big Ten by both the coaches and the media, and received the conference’s Quarterback of the Year award.The Wichita Falls, Texas, native started all 12 games during the regular season for OSU and set school records for total touchdowns in a season, passing touchdowns in a season and total yards in a season. He also broke the Big Ten record for total touchdowns, compiling 34 touchdown passes and 11 scores on the ground.Barrett added two single-game program records during the Buckeyes’ win over Minnesota when he had a quarterback record 86-yard touchdown run and a quarterback single-game high 189 rushing yards.The Rider High School product totaled 2,834 passing yards and threw 10 interceptions this season. He added 938 rushing yards to go with his 45 total touchdowns.Barrett also picked up weekly awards regularly throughout the season as he was named the Big Ten Freshman of the Week a record seven times and the Big Ten Offensive Player of the Week three times.In addition to being named the the conference’s quarterback of the season, Barrett was also named the Big Ten’s Hardest Working Player of the Year on Monday.Barrett is the eight Buckeye to be named the Big Ten’s top freshman, and the third OSU quarterback to garner the honor in the past seven years. Senior quarterback Braxton Miller — who Barrett replaced after Miller was lost for the season when he tore the labrum in his throwing shoulder during fall camp — won the award in 2011.With Barrett injured, OSU is expected to turn to redshirt-sophomore quarterback Cardale Jones for the remainder of the season.The Buckeyes are scheduled to play Wisconsin on Saturday in the Big Ten Championship Game. Kickoff is set for 8:17 p.m. at Lucas Oil Stadium in Indianapolis. read more

PSC urges respect for CCJ ruling

See below statement from PSC on the CCJ rulingThe Private Sector Commission has noted the ruling of the Caribbean Court of Justice that the no-confidence motion was validly passed on December 21, 2018 and the appointment of the GECOM Chairman was unconstitutional. The Commission looks forward to an early consensual agreement between the President and the Leader of the Opposition on a new GECOM Chairman.The Commission is heartened by the recommendation of the CCJ to the parties involved to meet and agree on a course of action that will be in the best interest of the nation.The Private Sector Commission urges all Guyanese to respect the ruling and the statement by His Excellency President David Granger that his government will abide by the ruling of the Court. Share this:Click to share on Twitter (Opens in new window)Click to share on Facebook (Opens in new window)RelatedNew GECOM Chairman: PSC urges appointment of Chairman from Opposition’s listJuly 15, 2019In “latest news”PSC urges GECOM to continue election preparationsMarch 23, 2019In “latest news”PSC fires back …says “disgraceful, offensive, behaviour” by Govt-aligned Commissioner has no place at GECOMJuly 30, 2019In “latest news” read more

Boris Johnson becomes UKs new prime minister

Boris Johnson has given key cabinet roles to leading Brexiteers after becoming the UK’s new prime minister.Dominic Raab and Priti Patel return to government as foreign secretary and home secretary respectively.Sajid Javid has been named as the new chancellor as more than half of Theresa May’s old cabinet, including leadership rival Jeremy Hunt, quit or were sacked.Earlier, Mr Johnson said the Brexit “doomsters and gloomsters” were wrong and the UK would leave on 31 October.Speaking outside No 10, he said the UK would meet that deadline “no ifs, no buts”, adding: “The buck stops with me.”Mr Johnson then turned his attention to a radical overhaul of the government, with 17 of Mrs May’s former senior ministers being axed or stepping down.Announcing his departure, Foreign Secretary Mr Hunt said he had been offered an alternative role but had turned it down.Defence Secretary Penny Mordaunt, a leading Brexiteer who is popular across the party, was the most surprising departure. She has been replaced by Ben Wallace, a former soldier and longstanding ally of Mr Johnson’s.Another prominent Brexiteer, International Trade Secretary Liam Fox, was also ousted, along with Business Secretary Greg Clark – a vocal opponent of a no-deal Brexit.All three supported Mr Hunt in the Tory leadership contest.Education Secretary Damian Hinds, Northern Ireland Secretary Karen Bradley, Immigration Minister Caroline Nokes, Culture Secretary Jeremy Wright and Communities Secretary James Brokenshire have also gone, along with Chris Grayling, whose record as Transport Secretary was much criticised.Scottish Secretary David Mundell, who has left his position after four years, joked whether there would be “room” on the backbenches after all the dismissals.This comes on top of the earlier resignations of four leading ministers, including Chancellor Philip Hammond, Justice Secretary David Gauke and Cabinet Office minister David Lidington.Conservative MP Nigel Evans described the changes as a “summer’s day massacre”. (Excerpted from BBC) Share this:Click to share on Twitter (Opens in new window)Click to share on Facebook (Opens in new window)RelatedTheresa May quits: UK set for new PM by end of JulyMay 24, 2019In “latest news”Boris Johnson wins race to be Tory leader and PMJuly 23, 2019In “latest news”British PM on the rocks as foreign, Brexit ministers quitJuly 9, 2018In “World” read more

Irishman dies following stabbing in Australia

first_imgTHE DEPARTMENT OF Foreign Affairs has confirmed that Wexford man Kenny Meyler has died following an attack in which he was stabbed in the neck last week in Australia.The victim was reportedly stabbed in the neck with a large carving knife at around 2.30pm last Sunday afternoon local time at a property in Helmsley Street in Perth, Western Australia.A spokesperson for the department told TheJournal.ie that a number of family members are heading to Perth and the department is offering consular assistance to them.A 32-year-old man appeared before Perth Magistrates Court on Monday charged in connection with the incident. He was remanded to appear again before the court later this month.Related: Irishman, 21, stabbed in western Australia>last_img read more

Economy shrinks to 2005 level in second quarter

first_img Facebook Twitter: @NeosKosmos Instagram The second quarter of 2012 was the Greek economy’s worst in the last eight years, and the outlook remains bleak despite the fact that the recession eased compared to the first quarter.The Hellenic Statistical Authority (ELSTAT) announced Monday that gross domestic product shrank 6.2 percent in the second quarter from the same period last year to 43.6 billion euros, after contracting 6.5 percent in the first.The figure is the lowest for a second quarter since 2005, while the drop brought the cumulative contraction to 9.2 billion euros — or 17.4 percent — since the second quarter of 2008, the first year of recession.The European Commission in May forecast that Greece’s economy will shrink 4.7 percent this year but ministers are reportedly much more downbeat now.According to sources, they see no tangible signs that the economy will be extricated from the spiral of recession any time soon and project the contraction at around 6.8 percent for the year as a whole.The economy has contracted in 14 of the past 15 quarters.The two general elections in May and June caused serious delays in the reform program, while austerity measures have extracted considerable resources from the real economy and deepened the recession.The drops in consumption and investment are considered the two factors most responsible for the continued shrinking of GDP, which is nevertheless lower than the 7.3 percent contraction seen in the second quarter of 2011.Public investment in the January-July period came to 2.3 billion euros, against a target of 4.2 billion.Separately, the Bank of Greece said Monday that the central government cash deficit fell to 7.2 billion euros in the first seven months of 2012, compared with 15 billion in the same period a year earlier.Government revenue declined to 26 billion euros from 27.3 billion euros in the seven months through July 31 a year earlier, while expenditure decreased to 32.6 billion euros from 40.9 billion euros last year.Source: Kathimerinilast_img read more

Sinodinos back in the engine room

first_img Facebook Twitter: @NeosKosmos Instagram Liberal senator Arthur Sinodinos was fast-tracked from the backbench into Cabinet this week after backing Malcolm Turnbull in the leadership showdown with Tony Abbott.Prime Minister Turnbull confirmed on Sunday that he was reintroducing the position of cabinet secretary in his dramatically revamped ministry, a model used by previously by Kevin Rudd after the 2007 election.Senator Sinodinos, a former chief of staff to John Howard, will use the position to ensure the roles of ministers, MPs, their staff, and the public service, are more clearly defined in the Turnbull administration.Praising his past experience, Mr Turnbull said Sinodinos’ appointment was about ensuring a “proper and consultative” cabinet system and that “the gold standard of good Coalition cabinet government was during the Howard government”.“Arthur was at the centre of that as John Howard’s chief of staff,” said the PM.Senator Sinodinos told Neos Kosmos it was a privilege to have been selected for the Cabinet.“The prime minister expects that we conduct Cabinet business in an orderly and effective manner,” said the Newcastle-born senator. “It’s important that we observe the principle of Cabinet solidarity so that the government projects a clear and consistent message about its strategies and priorities.”Following almost two years of ‘captain’s picks’ and controversy around Tony Abbott’s former chief of staff Peta Credlin, Sinodinos said that “best use [be made] of that tremendous resource known as the Australian public service”, and that “clear demarcation of responsibilities between ministers, ministerial staff and public servants will assist this process”.Senator Sinodinos became a vocal critic of Mr Abbott after tensions grew with the prime minister’s office late last year when he agreed to give up his assistant treasury portfolio after the Independent Commission Against Corruption (ICAC) called him as a witness in their investigation into Australian Water Holdings. AWH (of which Sinodinos was a director between 2008 and 2010 ) was accused of using payments from government-owned Sydney Water to make political donations to the Liberal party at a time when Sinodinos was NSW Liberal treasurer and later chairman. Asked whether there was a risk to the government arising from any future ICAC findings, Sinodinos told ABC TV on Sunday that he would not have put himself forward for a position in the Turnbull ministry “if I didn’t think that I could deal with anything that might potentially come out of those processes”.“I am happy to do whatever Malcolm or others want me to do and I’m prepared to stand in the public square to defend myself,” he said.last_img read more

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