Bahamas Deputy Prime Minister Underscores Need for GB Economy to be Strong

first_img— Facebook Twitter Google+LinkedInPinterestWhatsApp#Bahamas, October 26, 2017 – Nassau – Deputy Prime Minister and Minister of Finance, the Hon. K. Peter Turnquest says the government is convinced that the health and strength of Grand Bahama’s economy is vital to the nation’s overall growth and development.“I can’t stress that enough because people don’t necessarily understand how important Grand Bahama is to the entire health of this country, because it is still the second largest economy in the country, never mind that Abaco is gaining on our heels every day and other islands like Exuma are holding their own,” added Minister Turnquest, who was the guest speaker at the 12th Annual Northern Conference of The Bahamas Association of Compliance Officers, which was held at Pelican Bay Resort, October 25, 2017.“If (Grand Bahama’s economy) fails, it will cause enormous pressure on the rest of the country,” added Minister Turnquest.   “So, I can’t understate how important it is for us to get Grand Bahama right.”In his address to Compliance Officers, Minister Turnquest said his government feels it has an obligation to do what it can to ensure that Grand Bahama succeeds.   He said that is just the first step in delivering on the commitments the government has made to the people of Grand Bahama and for the people of The Bahamas.“The economic transformation of Grand Bahama requires growth,” said Minister Thompson.   “According to the IMF World outlook, The Bahamas is forecasted to grow by 1.8 percent in 2017 and by 2.5 percent in 2018.   However, that growth will not happen and be sustained if the government does not do its part to facilitate economic transformation.“And again, getting Grand Bahama’s economy going is a key, critical component to achieving those goals. In fact, the country cannot progress without undertaking reforms that lead to better business conditions.   These reforms are critical to achieve better living standards, moderate inflation, low inflationary concerns and high growth rates.”The Finance Minister noted that The Bahamas fell in its rankings on the “ease of doing business” ladder since last year and to a large extent that fall was not because of something the Bahamian government did, but rather what they did not do.“In other words, if we continue to stand still, thinking that we are doing okay, we are going to fall further and further behind because the rest of the world is moving forward,” Minister Thompson pointed out.   “For example, Jamaica has made tremendous strides in its utilization of technology in order to facilitate and make the ease of doing business much better. And they have leap-frogged ahead of us.“We have an obligation and we have a commitment to make the improvements, to make the changes that we need to make in order to ensure that we keep pace, at a minimum. But I challenge my people every day to make a quantum leap to ensure that we get ahead.”By: Andrew Coakley (BIS)OPENS BACO CONFERENCE – Deputy Prime Minister and Minister of Finance, Hon. K. Peter Turnquest was the guest speaker to open the 12th Annual Northern Conference of The Bahamas Association of Compliance Officers (BACO) one-day conference, which was held on October 25, 2017 at Pelican Bay Resort.(BIS Photo/Lisa Davis) Related Items:center_img Facebook Twitter Google+LinkedInPinterestWhatsApplast_img read more

Mario Gomez reveals why he turned down Real Atletico Madrid

first_imgVfB Stuttgart striker Mario Gomez revealed why he chose to join Fiorentina instead of either Real Madrid or Atletico Madrid in 2013.After falling behind Mario Mandzukic in the Bayern Munich pecking order, Gomez decided to end his four-year stay at the Allianz Arena after scoring 113 goals in 174 games along with winning two Bundesliga titles and the Champions League.The former Germany international had the choice of going to Spain with either Real or Atletico but instead made a surprise €20m transfer to Fiorentina in the Serie A.Gomez made the decision to turn down, what many would view as a once in a lifetime opportunity, both Real and Atletico in favour of Fiorentina due to a new-found desire to be the “hunter” once more after having so much success at Bayern.“At the time, I relatively quickly made the decision to join Fiorentina,” Gomez told Bild.“However, my agent, Uli Ferber, kept telling me that the Spanish top clubs Real and Atlético Madrid also asked about me.Sergio Ramos, Real MadridZidane reveals Sergio Ramos injury concern for Real Madrid Andrew Smyth – September 14, 2019 Zinedine Zidane has put Sergio Ramos’ availability for Real Madrid’s trip to Sevilla next weekend in doubt after withdrawing him against Levante.“Two days before the end of the pre-season training camp with Bayern, he asked me if he should really say no to them.“From a sporting point of view, that may not be understandable to many people. But Fiorentina showed me exactly which way they wanted to go.“With a high-quality team and a new stadium, they wanted to compete with Juventus in the long run.”“After four years at Bayern München, the thought of being in the position as the hunters attracted me and ultimately made me want to make the move.”Ultimately though Gomez’s time in Italy didn’t turn out the way he had hoped for with just 14 goals to his name in 47 appearances before going out on loan to Turkish side Besiktas and leaving permanently in 2016 for VfL Wolfsburg.At the age of 33, Gomez returned to his boyhood club Stuttgart last January.last_img read more

Overnight snowfall means chains required at Palomar Mountain

first_img Categories: Local San Diego News, Traffic & Accidents FacebookTwitter Posted: January 1, 2019 KUSI Newsroom, January 1, 2019 PALOMAR MOUNTAIN (KUSI) – Due to overnight snowfall and current low temperatures, chains were being required today on Palomar Mountain, the California Highway Patrol said.Only vehicles with chains, or four-wheel drive snow-rated tires, will be allowed access, authorities said.“The CHP and the San Diego Sheriff’s Department will be patrolling the area to monitor trespassing and make sure the roadways are kept clear of parked vehicles,” said Oceanside CHP Officer Mark Latulippe, who pointed out there are limited facilities on Palomar Mountain for food, restrooms and trash.Mountain visitors were being urged to respect the privacy of residents and private property.Officials also recommend using extra caution on slippery roads, reducing speed and increasing following distance due to compromised visibility in wintery conditions.The CHP also reminded visitors to Palomar Mountain to “practice good snow etiquette.”That involves:Parking only where legally allowed, and not blocking roadway accessfor emergency vehicles. Vehicles blocking any part of the roadway may becited or towed.Avoiding trespassing onto private property. Violators will be citedor arrested.Recognizing that area restroom facilities are limited orinaccessible at many locations that are frequented when snow is present.Removing any trash produced as waste-receptacle space is limited.Realizing snow and rain increase hazardous driving conditionsnecessitating caution when driving on slippery or iced-over roadways.Not drinking and driving, buckling up seat belts and obeyingtraffic laws. Overnight snowfall means chains required at Palomar Mountain KUSI Newsroom last_img read more

UAEs first Hindu temple will be open to all religions All you

first_imgUAE’s Sheikh Mohamed bin Zayed and Indian Prime Minister Narendra ModiTwitterThe United Arab Emirates will receive its first Hindu temple after the foundation stone for the Hindu holy place was laid in Abu Mureikha, on the outskirts of the Middle Eastern city on the UAE – Abu Dhabi highway.”Just as it’s important to have your parents present, it will be invaluable to get the blessings of our gods and deities when you get married. We will have the opportunity to do this in the country we consider home. For us having the temple here is like marrying of the two cultures because our ceremonies can take place here,” Sonali Patel, a resident of Dubai was quoted as saying by The National.A devotee joins in a ‘mahapuja’ or prayer service along with Hindu priests @BAPS and thousands of others at the ‘shilanyas’ or foundation stone laying ceremony for the UAE’s first traditional Hindu temple on Saturday @TheNationalUAE pic.twitter.com/uQp8WQ8qR4— Ramola Talwar Badam (@ramolatalwar) April 20, 2019The stone laying ceremony or the ‘Shilanyas Vidhi’ took place on April 20, Saturday, on the land where the temple will be built on. This land was gifted to the BAPS Swaminarayan Sanstha by Sheikh Mohamed bin Zayed, the Crown Prince of Abu Dhabi. He is also Supreme Commander of the Armed Forces.’Shilanyas Vidhi’ will be conducted by Mahant Swami Maharaj, the leader of BAPS Swaminarayan Sanstha. The BAPS Swaminarayan Sanstha will oversee the construction of the temple.It will a four-hour ceremony. Sheikh Abdullah bin Zayed Al Nahyan and Sheikh Nahyan Mubarak Al Nahyan, the Minister of Tolerance are some of the members of the UAE royal family who will be in attendance. Along with them, many worshippers also will be present for the function.The Swami Maharaj and his entourage flew into UAE from India on Thursday. They were received by the Sheikh Nahyan. The pink sandstones which will make the temple structure will be flown into the kingdom from Rajasthan. According to a report by The National, over 2000 craftsmen in India will be employed to design the structure and ship to the UAE. The report also claims that the concerned authorities will make sure that the material chosen will be able to handle the Middle Eastern summer since the mercury will rise to almost 50 degrees Celsius.Marketed as a centre for all faiths, anyone can visit the temple which will be ready by 2020. “The significance is tremendous as it will provide a community home to Hindus and Non-Hindus alike,” Swami Brahmavihari was quoted as saying in the report.The temple can also serve as a tourist hotspot and have multiple features such as an exhibition, prayer rooms, learning areas, play areas for children, a restaurant which will serve vegetarian food as well as a gift shop.last_img read more

Highprofile fugitives Cautious CBI issues lookout notice for Chanda Kochhar

first_img UK court orders extradition of Vijay Mallya Apparently stung by high profile flight from the country of several economic offenders, premier crime investigative agency Central Bureau of Investigation (CBI) has issued a lookout circular (LOC) against top banker Chanda Kochhar, who is being probed over alleged fraud during her tenure as the chief executive officer and managing director of ICICI Bank.Apart from Chanda Kochhar, the lookout notices also include her husband Deepak Kochhar, and Videocon Group’s Venugopal Dhoot. The development comes weeks after Enforcement Directorate (ED) registered a criminal case against them for alleged money laundering, according to media reports.The CBI and the government led by Prime Minister Narendra Modi and Finance Minister Arun Jaitley had taken opposition flak over the flight aboard of several top businessmen including liquor baron Vijay Mallya and diamond merchants Mehul Choksi and Nirav Modi. Facing the general election in a matter of weeks, the Bharatiya Janata Party (BJP)-led National Democratic Alliance (NDA) government can ill-afford to face another embarrassing flight in a high profile economic offence investigation.The CBI last year issued lookout circulars at all airports against Deepak Kochhar and Dhoot last year. The Economics Times reports this is the first time LOC has been issued against Chanda Kochhar.”LOCs were filed after the FIR and are mandatory in cases where such economic offences are alleged. In recent times, keeping an eye on travel plans is a top concern for regulators,” the newspaper quoted an official as saying.ED registered a criminal case for alleged money laundering against the Kochhars, Dhoot, and others, to probe alleged irregularities and corrupt practices in sanctioning a Rs 1,875-crore loan to the corporate group.ED filed an Enforcement Case Information Report (ECIR) under the Prevention of Money Laundering Act, taking into account a CBI complaint filed last month. An ECIR is the ED’s equivalent of a police first information report (FIR). Finance Minister Arun Jaitley with Chanda Kochhar, managing director and chief executive officer of ICICI Bank at the inauguration of 100 Digital Villages in New Delhi on May 2, 2017.IANSThe agency is probing the possibility of amassing tainted assets from any kickbacks the loan deal might have generated. The ED is expected to summon the accused named in the ECIR soon, according to reports.Allegations of conflict of interest against the CEO first arose in October 2016 following the ICICI Bank’s sanctioning of a loan to the Videocon Group. The allegation was that though Kochhar’s husband had alleged beneficial business dealings with Videocon managing director Venugopal Dhoot, yet the bank CEO continued to function on the credit committee that sanctioned the loan in 2012.An ICICI Bank inquiry found that Kochhar violated the bank’s code of conduct and its board decided to treat her October resignation – tendered while she was on leave – as a termination. Kochhar said she was “utterly disappointed, hurt and shocked” by the decision. Closecenter_img IBTimes VideoRelated VideosMore videos Play VideoPauseMute0:02/0:39Loaded: 0%0:02Progress: 0%Stream TypeLIVE-0:37?Playback Rate1xChaptersChaptersDescriptionsdescriptions off, selectedSubtitlessubtitles settings, opens subtitles settings dialogsubtitles off, selectedAudio Trackdefault, selectedFullscreenThis is a modal window.Beginning of dialog window. Escape will cancel and close the window.TextColorWhiteBlackRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentBackgroundColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentTransparentWindowColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyTransparentSemi-TransparentOpaqueFont Size50%75%100%125%150%175%200%300%400%Text Edge StyleNoneRaisedDepressedUniformDropshadowFont FamilyProportional Sans-SerifMonospace Sans-SerifProportional SerifMonospace SerifCasualScriptSmall CapsReset restore all settings to the default valuesDoneClose Modal DialogEnd of dialog window. COPY LINKAD Loading …last_img read more

Uprooted tree halts traffic between Dhaka Rangpur

first_imgUNB-File-PhotoVehicular movement on Dhaka-Rangpur highway has remained halted since Saturday morning as a big tree fell on the road at Palashbari due to storm coupled with heavy rains.The traffic movement remained snapped from 7:30am, disrupting road communication of Dhaka with the country’s northern parts, witnesses said.They said some 2,000 vehicles – buses and trucks-on both sides of the highway got stranded, causing immense woes to thousands of passengers amid incessant rains.Police said they started removing the tree from the highway with the help of local people to restore traffic on the busy highway.It may take hours to clear the highway, police added.last_img read more

Sundarban gunfight kills 2

first_imgTwo suspected robbers were killed in a reported gunfight with members of Rapid Action Battalion (RAB) in Katlarkhal area of Sarankhola point in the Sundarbans on Wednesday morning.The deceased are identified as Yusuf Fakir and Ruhul Amin.RAB officials claimed that Yusuf is the second-in-command of robber group ‘Abbas Bahini’ and Ruhul Amin as its member.RAB also recovered arms and ammunition from the spot.last_img

Man killed in RAB gunfight

first_imgA man was killed in what the Rapid Action Battalion (RAB) called a gunfight in Taushara of Khetal upazila in Joypurhat early Monday.According to UNB, RAB claimed that the deceased, Tofazzal Hossain alias Wazed, 37, son of late Wadud Sarker, a resident of Uttar Maheshpur Sarkar Para village, was accused in 12 to 13 drug cases.Commanding officer of Joypurhat RAB-5, said that on secret information, a team of RAB conducted a drive in the area around 1:45am.Sensing the presence of the law enforcers, a group of people opened fire on them, forcing the lawmen to fire back, triggering the gunfight that left Wazed injured with bullet.The injured was taken to Khetlal Upazila Health Complex where the physicians declared him dead.The team recovered a pistol, one round bullet, bullet-shell, a magazine and 150 bottles of phensidyl.Two RAB members were also injured, according the law enforcers.Prothom Alo, however, could not verify the law enforcement’s version of the incident independently as no version of it was available immediately either from any witness or from any member of the victim’s family.last_img read more

Nurturing musical talent

first_imgGurugram witnessed a musical concert which was organised on the weekend at the ‘Theme Music World’, DLF Mega Mall Gurugram. Minu Puri, a Music composer and pianist, performed in the concert along with her students where she was accompanied by French jazz pianist and composer, Benjamin Barria, who tried his hand on some of her compositions. Minu Puri heads a school in Gurugram for piano lovers. Her concert featured one of her youngest students Gauri Mishra, who is just 10 years old and is also among the most talented people in her group. She played some of the famous Bollywood numbers and completely won over the audience by her heart-warming performance. Gauri Mishra has created the national record of being the youngest piano player at the tender age of 9. Also Read – Add new books to your shelfThe evening was further graced by a performance by Francis Barria, a singer, composer, and animator with forty years of experience in this field. He was the producer and animator for 11 years of the French show “La nuit des clips” in French National Tours. Francis sang a few jazz numbers and thrilled the audience by singing Hindi songs composed by Minu Puri. Also, he raised the excitement level of the audience by singing a famous Bollywood song ‘Mera Joota hai Japani’. His wonderful rendition forced the audience to leave their seat and dance to their heart’s content. The students of Minu Puri were praised and awarded for their great performances.last_img read more

35yearold man found in pool of blood at Nakhoda Masjid

first_imgKolkata: A 35-year-old man was found lying in a pool of blood inside Nakhoda Masjid on Tuesday morning. A housekeeping staff saw the man and informed his seniors. The victim, identified as Shaikh Faisal, was rushed to Calcutta Medical College and Hospital (CMCH).According to sources, the staff had gone to the second floor of the masjid for cleaning at around 8:30 am on Tuesday morning. On entering, he saw Faisal lying in a pool of blood and a hammer found beside him had blood stains on it. Also Read – Speeding Jaguar crashes into Mercedes car in Kolkata, 2 pedestrians killedThe masjid authority informed the Imam of Nakhoda Masjid, Shafique Qasmi, and Jorasanko police station. Police rushed to the spot and took the victim to CMCH where he is currently admitted. “Our cleaning staff saw the injured person and informed us. Apart from Fridays due to Jumma Namaz the masjid remains less crowded. As the second floor on Tuesday had no devotees, none of us visited. Police are investigating the case. The accused person is believed to be a Bangladeshi and might be known to the victim,” said Qasmi. Also Read – Bose & Gandhi: More similar than apart, says Sugata BoseAccording to sources, Faisal regained consciousness around 2:30 pm and informed the sleuths that he lives at the nearby Jeliatola Lane. He had recognised the accused but could not recollect his name. The only thing he knows is that he is a Bangladeshi national. Based on the information, the sleuths have initiated a case on charges of attempt to murder. Police are checking the CCTVs of Nakhoda Masjid for clues. Forensic experts had visited the masjid and collected samples from the spot. It is learnt that Faisal deals with foreign currency exchange. The sleuths suspect that he might have had some deal with the accused and a conflict had occurred.last_img read more