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Guyana’s growth rate plummets to 2.1%

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first_imgFirst quarter financial report…as economy struggles to rebound from recessionary modeBy Samuel SukhnandanThere is no positive indication that Guyana has so far managed to manoeuvre its way out of the economic slow lane it has been stuck in for the past three years, as the country’s finances are expected to reflect a minimal Gross Domestic Product (GDP) growth rate of approximately 2.1 per cent.Initially, Government had projected that Guyana’s economy would have grown by a 3.8 per cent growth rate for 2017. This projection was reduced to 3.1 per cent and then again to 2.9 per cent.According to the Finance Ministry’s Mid-Year Report for 2017, economic growth in the first half of 2017 rose to some 2.2 per cent, compared to 2.0 per cent in the first half of 2016.Guyana’s last best growth rate was 5.2 per cent in 2013. But since then, it never surpassed that figure. World Bank records show growth rates in 2014 was 3.8 per cent, 2015 at 3.2 per cent, and 2016 at 3.3 per cent.This is a clear indication that there has been a massive decline in economic growth ever since the new Government assumed office. But the worst of it is 2017, and that is because of certain policy decisions.A senior source at the Finance Ministry indicated to this newspaper that tabulation of the GDP growth rate for 2017 has been finalised and would be presented to the public soon.This was confirmed by Public Relations Officer of the Finance Ministry, Wanita Huburn, who told <<<>>> that the growth rate for 2017, among other economic and financial indicators, has indeed been finalised and will be presented in short time.Huburn indicated that this presentation will come in the form of the End of Year Outcome statement, which will be laid in Parliament on April 26.But the a growth rate between 2.1 per and 2.4 per cent is nothing to boast about, according to the source, who highlighted that Guyana has seen a marked decreased in its growth rate, which continues to drop even further.“Ideal growth for Guyana, a developing country, is six per cent. Anything six and above would be putting Guyana on the right path for advancement to develop status in the medium-term,” he explained.The source said the growth rate now explains why many Guyanese will start to feel like they are having less money in their pockets. He observed that a five-year decline in the growth rate does not auger well for the current Government and shows the weak performance to manage the economy in a responsible and efficient manner.Public policy action“This calls for amended public policy action. The first thing they need to do is understand what stimulates the economy, which is investment in the productive sector and other investments, exports, bringing back confidence in the consumers, and having a stable spending and execution of capital projects,” he said.According to the source, the main contributing factor for this minimal growth rate is ultimately sugar because it is fundamentally important ‘growth tissue’ for the country. “It is one of the main productive sectors and it’s the six sisters the President David Granger talks about,” he added.While there is hope that this could turn around for the next few years, the source noted that it may be highly impossible to do so, especially given the fact that sugar’s contribution has decreased.The source is of the opinion that until monies from the oil sector starts to trickle in, only then will Guyana be able to record greater economic growth. But until then, due to the massive downsizing of sugar and the weak performance of other sectors, achieving a higher growth rate is far from reality.Opposition Leader and former President Bharrat Jagdeo has repeatedly criticised Government for what he described as their lack of vision to present a substantial economic policy. Jagdeo, an economist, has also warned Government against borrowing large loans which could put Guyana in greater debt.last_img read more

2 votes boost Mukasey’s AG prospects

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first_imgLeaders in both parties have said they expect Mukasey to get at least 70 votes when the full, 100-member Senate votes on his confirmation. But Majority Leader Harry Reid, D-Nev., had said he would not bring it up for a vote without Judiciary Committee action first. Schumer’s announcement followed a private meeting Friday with Mukasey to discuss waterboarding. “I deeply oppose it,” Schumer said of waterboarding. “Unfortunately, this nominee, indeed any proposed by President Bush, will not agree with this. I am, however, confident that this nominee would enforce a law that bans waterboarding.” Schumer, who was Mukasey’s chief Democratic sponsor, said the retired judge told him that if Congress passes a law banning waterboarding “the president would have absolutely no legal authority to ignore such a law.” Schumer said Mukasey said he would enforce any congressional ban on the controversial interrogation method. Human Rights Watch called Schumer and Feinstein’s support for Mukasey “extremely disappointing.”160Want local news?Sign up for the Localist and stay informed Something went wrong. Please try again.subscribeCongratulations! You’re all set! By Devlin Barrett and Lara Jakes Jordan The Associated Press WASHINGTON – Michael Mukasey drew closer to becoming attorney general Friday after two key Senate Democrats said they would vote for him despite his refusal to say whether waterboarding is torture. AD Quality Auto 360p 720p 1080p Top articles1/5READ MOREGame Center: Chargers at Kansas City Chiefs, Sunday, 10 a.m.The decision by Sens. Charles Schumer and Dianne Feinstein to back President Bush’s nominee came shortly after the chairman of the committee, Patrick Leahy, D-Vt., announced he would vote against Mukasey, a former federal judge. “This is an extremely difficult decision,” Schumer, D-N.Y., said in a statement, adding that Mukasey “is not my ideal choice.” In announcing her support for Mukasey, Feinstein, D-Calif., said “first and foremost, Michael Mukasey is not Alberto Gonzales,” referring to the former attorney general who resigned in September after months of questions about his honesty. Including Leahy, five of the Judiciary Committee’s 10 Democrats had said they would vote against Mukasey’s confirmation after the nominee earlier this week refused to say that waterboarding, an interrogation technique that simulates drowning, is torture and therefore illegal. But with nine Republicans on the panel, Schumer and Feinstein’s support for Mukasey virtually guarantees that a majority of the committee will recommend his confirmation when it votes on it next Tuesday. last_img read more

Euro 2016: Croatia fined by UEFA after crowd trouble v Czech Republic

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first_imgThe Croatian Football Federation (HNS) has been fined 100,000 euros (£77,000) for incidents including the use of fireworks and racist behaviour of supporters, UEFA has announced.A series of disturbances occurred during Croatia’s 2-2 draw with the Czech Republic in the Euro 2016 group stages in Saint-Etienne on Friday.The HNS has also been banned from selling tickets to fans identified as hooligans for the remainder of the tournament, a sanction that is deferred under a probationary period.The HNS was charged by tournament organisers UEFA following incidents relating to crowd disturbances, use of fireworks, throwing of missiles and racist behaviour.The Group D game, during which Croatia surrendered a 2-0 lead, was halted for five minutes by English referee Mark Clattenburg when flares were thrown onto the pitch in the 86th minute. One steward appeared to be thrown from his feet when one exploded near him.The HNS issued an apology and appealed for help from government and footballing authorities to tackle hooliganism and other crowd issues in Croatia.Just last month Croatia were sanctioned by world governing body FIFA following discriminatory chanting during friendlies and ordered to play their next two home World Cup qualifiers behind closed doors.Following a meeting of UEFA’s control, ethics and disciplinary body, a statement read: “Charges relating to crowd disturbances, use of fireworks, throwing of missiles and racist behaviour had been brought against the HNS, and the CEDB decided to impose the following sanctions:“A fine of E100,000.“To prohibit the HNS from selling tickets to certain fans (identified by the HNS and the Croatian authorities as hooligans) for the remainder of UEFA Euro 2016. This sanction is deferred under a probationary period until the end of the tournament.”There have been a number of issues of crowd trouble throughout the tournament.UEFA has also announced that charges have brought against Romania and Albania following the latter’s 1-0 victory over the former in Lyon on Sunday.The federations of both countries will face charges over the setting off of fireworks and throwing of objects with Albania having to answer an additional charge relating to a field invasion. A date for these matters to be dealt with is yet to be determined.Cases are also pending against Turkey, Hungary, Belgium and Portugal, while Russia have been hit with a suspended disqualification following the violence which marred their draw with England. 1 Trouble emerged in the stands during Croatia’s match with Czech Republic last_img read more

Arsenal will not entertain ANY offers for Alexis Sanchez – Insider Trading

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first_imgtalkSPORT’s transfer guru, Warren Haughton, joins Hawksbee and Jacobs to round up all the very latest rumours and gossip.He discusses Manchester United’s continued interest in Paul Pogba, claiming Jose Mourinho is hopeful of sorting a world record deal for the Juventus midfielder.There’s also an update on Saido Berahino’s future as the West Brom striker is again linked with a move away from the Hawthorns.Plus, our man insists there is no chance Arsenal will sell Alexis Sanchez this summer amid interest in the Chilean from Juventus, while he reveals Newcastle have slapped a huge price tag on midfielder Moussa Sissoko.Here are some of the latest transfer rumours from talkSPORT.com:Transfer report: Kalidou Koulibaly turns down new Napoli deal amid interest from Chelsea and EvertonLiverpool FC transfer news: Benfica star Talisca targeted in £21million dealTransfer latest: AZ Alkmaar striker Vincent Janssen set for medical as he edges closer to long-awaited Spurs switchTransfer report: Everton set for disappointment over Axel Witsel as Belgium star closes in on Napoli switchTottenham transfer news: Mauricio Pochettino wants World Cup winner Mario Gotze as marquee summer signingTransfer report: Sunderland and West Ham both keen on £7m-rated Lazio midfielder Ogenyi OnaziNewcastle United put staggering £35million price tag on wantaway France midfielder Moussa SissokoCrystal Palace working on £3m deal for Davide Santon after proposed Sunderland move falls throughlast_img read more

WOMAN SPAT IN THE FACE OF GARDA AND CALLED HIM A PAEDOPHILE

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first_imgFrampton spat in the face of a Garda.A young woman chased a Garda and then spat in his face as officers arrested her partner on suspicion of burglary.Shannon Frampton appeared at Letterkenny District Court yesterday charged with assaulting Garda Pat Kilcoyne on September 23rd, 2014. Ms Frampton was on the scene at Manor View, Letterkenny during the course of an investigation after two men were arrested by Gardai.Ms Frampton was a partner of one of the suspects and when she arrived on the scene she began to confront Gardai.Garda Inspector Michael Harrison revealed that when the two suspects were arrested, Ms Frampton chased the car, opened the door and called Garda Kilcoyne a paedophile.The accused, 26, of 14 Glenard Park, Letterkenny, then leaned into the window of the Garda car and spat at the Garda before telling him she had HIV and AIDS.However her solicitor Patsy Gallagher said he wanted to stress that his client was NOT HIV positive or did not have AIDS.He said Ms Frampton was now seven months pregnant and was very concerned that her family would think she had AIDS or was HIV Positive which was NOT the case, he stressed.“She is a young lady under immense pressure, she is pregnant but I want to stress that she is very concerned that it is portrayed that she has AIDS or is HIV Positive which she is NOT,” he said.Ms Frampton continually tried to interrupt the court and was asked to sit down on a number of occasions by Mr Gallagher.Judge Paul Kelly asked Mr Gallagher if his client would like it if she was called a paedophile.He added “My concern today is that she is portraying herself as a victim. I have a Garda who is the victim of vile abuse and name calling.”And Judge Kelly added “She needs to start thinking before she opens her mouth. That’s why she is here today.”He adjourned the case for a probation report until September 19th.WOMAN SPAT IN THE FACE OF GARDA AND CALLED HIM A PAEDOPHILE was last modified: April 19th, 2016 by StephenShare this:Click to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Reddit (Opens in new window)Click to share on Pocket (Opens in new window)Click to share on Telegram (Opens in new window)Click to share on WhatsApp (Opens in new window)Click to share on Skype (Opens in new window)Click to print (Opens in new window) Tags:courtdonegalGardaPatsy GallagherShannon Framptonspatlast_img read more

Street racing leads to fatal accident

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first_img AD Quality Auto 360p 720p 1080p Top articles1/5READ MORE11 theater productions to see in Southern California this week, Dec. 27-Jan. 2 OXNARD A man died this morning while racing another car on Highway 101, authorities said. The man, whose name was not immediately released, was racing a female driver when the crash occurred about 10:30 a.m., according to witness reports. The victim, who was driving a Mustang south on the 101 near Rice Avenue, lost control of his vehicle, said Steve Reid, California Highway Patrol spokesman. The crash caused traffic to back up for hours. 160Want local news?Sign up for the Localist and stay informed Something went wrong. Please try again.subscribeCongratulations! You’re all set!last_img read more

REGISTRATION OPENS TONIGHT FOR THE NORTH WEST 10K

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first_imgInterventionalist Cardiologist Dr Santosh David with Friends of Letterkenny General members Donna Henderson, Paddy Rooney and Peter Cutliffe supporting the North West Charity 10k.Preparations for the North West Charity 10k are gathering momentum this weekend with runners and walkers being reminded by the organizing committee that an office is being opened at Letterkenny Community Centre from Monday evening for registrations.The charity event sponsored by DonegalDaily.com and Brian McCormick Sports & Leisure is taking place on Sunday, May 5th in Letterkenny.Entrants will be able to collect their numbers, t-shirts and those running will be able to pick up their chip timers. The portacabin office at the Community Centre will be open from 6 to 8 p.m. each evening from Monday to Friday and also on Saturday afternoon from 2 – 6 p.m. As many people as possible are encouraged to come early in the week so as to avoid congestion on the day of the event. It is also important that those who have registered on-line come and collect their numbers, t-shirts and chip timers before Sunday. The first 2,500 entrants will get the new t-shirts.A designated person can block register for a club, charity or a group of friends meaning not everyone has to be physically present to register. This will especially helpful for participants outside the general Letterkenny area.This year the three charities who will benefit from the North West 10k are the Friends of Letterkenny General Hospital, the Special Needs Accessible Playpark group SNAP and Donegal Mountain Rescue.The entry fee is 15 euro for runners and 10 euro for walkers. For information visit www.northwest10k.com FOCUS ON FRIENDS OF THE HOSPITALThe Friends of Letterkenny General Hospital will be one of the main beneficiaries of the North West Charity 10k with the organization currently concentrating all their energies on providing a suite of rooms on the campus to install vital equipment for cardiac investigations and treatment.When the new Cardiac Catherisation Laboratory is up and running it will mean that a huge number of people across Donegal will be able to have heart problems diagnosed and treated at Letterkenny General rather than having to go to either Dublin or Galway. Around half a million euro is required to complete the project and the Friends are very optimistic that with the public’s support that the figure will be reached by the end of the year.The campaign to provide the Catherisation Laboratory is already well underway and now with the backing of the massive financial pulling power of the North West 10k on Sunday, May 5th the Friends would hope to bring this absolutely vital medical facility a step closer.The new cardiac unit would allow diagnostic angiographies to be carried out by Interventionalist Cardiologist Dr Santosh David who is already based at the hospital. It will allow for the early detection of heart disease by checking blood supply and scanning for blockages. In addition the cardiologist will be able to insert stents and pacemakers to correct heart problems while also allowing for a procedure called angioplasty which helps to clear plaque from the coronary arteries.It will be a ‘win win’ situation for both the patient and the HSE in terms of minimizing stress and cutting costs.When the Friends of Letterkenny General Hospital was setup in 1991 to purchase a CT Scanner not many would have envisaged that the organization in the next 21 years would raise close to six million euro for a range of specialist medical equipment and infrastructural improvements that have been hugely beneficial to the people of Donegal.The latest Friends project has already been raised €750,000 to buy the high tech equipment for a Cardiac Cathederisation Laboratory which is to be located in the hospital. Now with the help of the North West 10k committee the Friends are aiming to raise some of the estimated half a million euro finance for the provision of the actual laboratory on the hospital campus. Currently Dr David has the use of a mobile suite every Thursday at the hospital for carrying out some of these investigations but there is no facility to actually provide treatment after a diagnosis.The bulk of the surgical procedures are undertaken at St. James’s Hospital in Dublin while around 10% of patients are sent University Hospital Galway. So it will be a huge boost to the people of Donegal when the Cathederisation Lab is up and running. At a time when the patient is already trying to cope with the stress of facing cardiac surgery the fact that that procedure can be done at Letterkenny General will be a huge relief.The burden for families will also be lessened by being able to visit their loved ones more regularly and it also save on the costs of travel and accommodation in Dublin or Galway. It will ease the pressure on the HSE ambulance transport budget.Senior management is currently finalizing a site on the hospital campus for the facility. Letterkenny General equipped with a Cathederisation Laboratory will be a massive development for county cardiac services at a time when the public is hearing so much about health cutbacks.Over the past 23 years the Friends of Letterkenny General Hospital has raised over €5.5 million for a range of state of the art medical devices for investigative and treatment purposes as well as money for service development and patient care.The aim this year is to raise €365,000 for the Cat Lab project.The Friends objective is to raise €21,000 every 21 days through a number of initiatives including the North West 10k. Among the other significant achievements of the ‘Friends’ over the years is the MRI and Dexa Scanners and the 750,000 euro for the new Acute Mental Health Unit which opened in September 2011.REGISTRATION OPENS TONIGHT FOR THE NORTH WEST 10K was last modified: April 29th, 2013 by StephenShare this:Click to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Reddit (Opens in new window)Click to share on Pocket (Opens in new window)Click to share on Telegram (Opens in new window)Click to share on WhatsApp (Opens in new window)Click to share on Skype (Opens in new window)Click to print (Opens in new window)Tags:Friends of the HospitalNorth West 10last_img read more

Ray Ratto: Sharks learn series won’t be simple; what else is new?

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first_imgYou almost certainly watched the Battle of Winterfell rather than Avalanche-Sharks 2 because, well, most of your chums and chumettes at work would be talking about it a lot more readily than the second game of this dysrhythmic series.You did the right thing. Besides, there are going to be lots more games in this series. Sunday night pretty well guaranteed that.Colorado’s 4-3 victory in Game 2 of this series at Le Centre du SAP was essentially as head coach Jared Bednar would have wanted it in …last_img read more

No new U.S. classic scrapie cases since April 2016

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first_imgShare Facebook Twitter Google + LinkedIn Pinterest In the January 2017 National Scrapie Eradication Program (NSEP) report, the U.S. Department of Agriculture’s Animal and Plant Health Inspection Service conveyed that no new positive U.S. classical scrapie cases have been reported in either sheep or goats in fiscal year 2017, which runs Oct. 1, 2016, through Sept. 30, 2017. Also, no new infected or source flocks have been identified in fiscal year 2017.In fact, the last case of classical scrapie was reported in April 2016. This is the longest period without a positive case since the beginning of the NSEP.As of Jan. 31, 2017, there were two open infected and source flock statuses for classical scrapie. One flock was designated as a Nor98-like source flock in October 2016 as a result of a sheep sampled in September 2016 that tested positive.RSSS started April 1, 2003. It is a targeted slaughter surveillance program which is designed to identify infected flocks. Samples have been collected from 531,701 animals since April 1, 2003. There have been 480 NVSL confirmed positive animals* (471 classical cases and 9 Nor98-like cases) since the beginning of RSSS. As of January 31, 2017, 11,197 samples have been collected in FY 2017, 9,551 from sheep and 1,646 from goats.The January report is available at www.aphis.usda.gov/animal_health/animal_diseases/scrapie/downloads/monthly_scrapie_report.pdf.last_img read more

How to Run an Online Contest

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first_imgRelated Posts Tags:#How To#NYT#start#startups Top Reasons to Go With Managed WordPress Hosting 1. Set Goals: Contests are a great way to engage users, get customer feedback and even drive traffic to your site. Nevertheless, it’s important to be realistic with your expectations and set specific goals. Some of the factors you can take into account to measure success include earned media, email opt-ins, engagement across social networks, monthly site traffic and in some cases, direct revenue. 2. Be Relevant: It would be silly to create a car contest for a community of cyclists or a meatloaf recipe contest for a community of vegetarians. One of Pickering’s most successful contests is Adorama’s Picture Perfect Contest. The contest invited community members to showcase the object of their passion – their photography. Pickering also suggests the barrier-to-entry was significantly reduced as participants had multiple ways to submit their work including via an iPhone app. 3. Give Them Incentive: In addition to prizes, Pickering suggests that community managers keep in mind the importance of recognition. By opening your contest to public voting, users receive public recognition and the community becomes more active in watching the competition unfold. Additionally, because Pickering’s service offers integration with Twitter and Facebook, an open competition may encourage participation from those outside of the community. 4. Offer Support: Pickering points out that video contests may require some support. He suggests community managers consider setting up a blog, Twitter account and Facebook group to help answer questions and walk users through the process. In the case of New Zealand’s Your Big Break Contest entrants were expected to submit a script and a short film. Tourism New Zealand set up a Facebook group to discuss the contest and by the time it was ready to launch, hundreds of filmmakers were poised to upload their submissions. A year ago we launched the ReadWriteWeb Guide on Community Management with the knowledge that “Community Manager” would become an increasingly popular job title. Since then, the requirements of keeping your customers engaged have become more demanding. According to one report, contests are becoming increasingly popular. ReadWriteWeb caught up with Strutta CEO Ben Pickering, to find out what businesses can do to generate more participation from their contests. Similar to Wildfire Apps and Meme Labs, Strutta lets you collect user-generated content and showcase it in a seamless web contest experience. Users can upload videos and photos, vote on other contest content and promote entries to their Twitter and Facebook friends. While the site has helped create success for high profile campaigns including the Crate and Barrel Ultimate Wedding contest, UN Development Programme’s photo competition and Operation Gratitude, not every contest has been successful. Pickering offers some great advice to ensure your effort doesn’t go unrewarded. 8 Best WordPress Hosting Solutions on the Market A Web Developer’s New Best Friend is the AI Wai… Why Tech Companies Need Simpler Terms of Servic… dana oshirolast_img read more