Home sales fall across Canada to reach their lowest level in 3

first_imgA flood of buyers and sellers looking to close deals late last year ahead of looming tighter mortgage rules resulted in a 14.5 per cent “payback” drop in home sales between December and January, market watchers said Thursday.Economists expected the drastic decline, which marked the lowest sales level in three years, and anticipate the market will continue to be dampened in the near future as Canadians negotiate the new rules and a January interest rates hike, the third in the past year.“It’s the biggest monthly percentage drop in sales activity since October 2008,” said Gregory Klump, the Canadian Real Estate Association’s chief economist, referencing when the country was in the midst of the so-called Great Recession.January activity was down in three-quarters of all local markets and virtually all major urban areas, especially in Ontario’s hot spot in the Greater Golden Horseshoe, according to data released by CREA Thursday. The decline was less significant on an annual basis, with sales falling 2.4 per cent.The monthly decline “is largely payback” for buyers rushing to sign deals in the last three months of the year, ahead of the new rules, said Robert Kavcic, senior economist at BMO Capital Markets, in a note.CREA’s figures showed sales climbed to a record monthly high in December — just before the federal banking regulator’s tougher rules for uninsured mortgages took effect. Starting Jan. 1, borrowers with a more than 20 per cent down payment must pass a stress test proving that they can service mortgage at a qualifying rate of the greater of the contractual mortgage rate plus two percentage point or the five-year benchmark rate published by the Bank of Canada.The January market also dampened due to the Bank of Canada’s decision to raise interest rates to 1.25 per cent, up from one per cent. The central bank’s interest rate increase impacts variable rate mortgage holders, but those who opt for fixed mortgages also saw a rise in the five-year fixed rate amid rising bond yields and a stronger economy.CREA noted that January home sales are on par with the 10-year monthly average and that a large decline in new listings of 21.6 per cent prevented the market balance from shifting in favour of homebuyers. The average price of a home rose by 2.3 per cent when compared with last year at just over $481,500.The national sales-to-new listings ratio was 63.6 per cent in January. A ratio reading above 60 per cent generally indicates a sellers’ market.The number of newly-listed homes was at the lowest level since spring 2009. About 85 per cent of all markets had fewer listings. The Greater Toronto Area led the decline, with large percentage drops also in British Columbia’s Lower Mainland, Vancouver Island and the Okanagan region, as well as parts of Ontario.Supply restraint may have played a big part in the month’s slowdown, Robert Hogue, senior economist with RBC Economics, wrote in a note. The drop in new listings hints at two psychological effects at play, he said. Many sellers rushed to list their properties in the months before Jan. 1 and, once the new rules came in, potential sellers may have feared a significant buyer pullback and waited to list.He expects more listings to surface once those fears subside.The market likely over-reacted to the new mortgage rules, Hogue wrote, and while homebuyer demand will remained dampened, it won’t be to the extent implied by January’s figures.Volatility is expected to continue in the near-term, wrote Michael Dolega, a senior economist with TD Economics, in a note.But, Dolega said “some stabilization” should occur by the middle of the year.“Thereafter we expect activity to remain weighed down by rising interest rates, but with markets largely in balanced territory prices should remain well supported,” he said.The government action successfully slowed housing markets, particularly in and around Toronto, said Sherry Cooper, chief economist at Dominion Lending Centres.“But it hasn’t really made housing affordable,” she said. “And there’s no way to make housing affordable until we see an increase in housing supply — and not just new listings, but actually new construction.”The pace of housing starts in January held steady compared with December at about 216,200, Canada Mortgage and Housing Corp. reported earlier this month. But the pace is expected to moderate this year.Follow @AleksSagan on Twitter.last_img read more

MoroccoRussian friendship association condemns deadly blasts in Russia

first_imgRabat – The Morocco-Russia friendship association condemned the two deadly blasts that rocks the Russian southern city of Volgograd, killing more than 30 people. In a message to the Russian presidency, the association president Abdellatif El Bahraoui, offered condolences, and expressed faith in the Russian people’s capacity to overcome the situation.At least, 14 people died on Monday when an explosion hit a trolleybus near a busy market during the morning rush hour Monday, a day after a blast at Volgograd’s main train station killed 17 people and wounded at least 35 others.last_img read more

Code of ethics for web journalists presented to the President

President Sirisena further said that this effort is a fulfillment of a timely need for the betterment of the whole society not only for the field of media but for the political field as well. The President, expressing his views said that the launch of code of ethics for web journalists is a great effort for the development of this field. He also promised to allocate a time in the near future to discuss the issues faced by web journalists.Media Minister Mangala Samaraweera, the Director General of Government Information, Sudarshana Gunawardena, the Convener of the Professional Web Journalists’ Association, Freddy Gamage, Secretary Kelum Shivantha and other members of the Association participated in this meeting. (Colombo Gazette) A code of ethics for web journalists to create a more responsible and ethical web journalism, was presented to President Maithripala Sirisena, during a ceremony held in Colombo today.The code of ethics was prepared by the Professional Web Journalists’ Association. Download (PDF, 159KB) read more

Five India players score halfcenturies in tour match

SYDNEY, Australia — Five players scored half-centuries for India as the tourists finally got their scheduled four-day match under way Thursday after rain washed out play on the first day.India made 358 at the Sydney Cricket Ground, while a Cricket Australia XI was 24 without loss in reply late Thursday.Prithvi Shaw top-scored for India with 66 while captain Virat Kohli added 64.The 19-year-old Shaw scored a century on test debut last month and is expected to open the batting at Adelaide Oval next week in the first test against Australia. The right-hander stroked 11 boundaries.CA XI captain Sam Whiteman won the toss and decided to bowl.The match was only originally scheduled for three days before Cricket Australia (CA) agreed to add Wednesday’s earlier start at India’s request.The first of the four-test series begins Dec. 6 in Adelaide. The teams play the final test beginning Jan. 3 at the SCG, with others at Perth and Melbourne in between.___More AP sports: https://apnews.com/apf-sports and https://twitter.com/AP_SportsThe Associated Press read more

Volleyball preview Buckeyes season on the line in the Sweet 16 against

Senior setter Abby Fesl (12) sets the ball during a game against Penn State on Nov. 12 at St. John Arena. Credit: Jenna Leinasars | Assistant News DirectorIt’s back to the Sweet 16 for the Ohio State women’s volleyball team for the second consecutive year – but if the Buckeyes want to advance any further in the NCAA tournament, they will have to make it past Big Ten rival, Wisconsin. The teams face off for the third time this season in the Sweet 16 match of the NCAA tournament, to be played in Madison, Wisconsin, on Friday afternoon.The No. 3-seeded Badgers had given OSU trouble the season, sweeping the Buckeyes once at home and once in Madison, both during conference play. But OSU coach Geoff Carlston said records mean nothing when it’s time to step on the floor. “Everyone is 0-0 right now and everyone is — if you win, you move on and if you lose, you’re done,” he said. To get to this point in the tournament, Wisconsin has swept both Howard University and Washington State. The Badgers boast a dynamic offense composed of five hitters attacking at least .235 on the season and led by senior setter Lauren Carlini. For the Buckeyes, the team has knocked off Missouri State and most recently, won a five-set nail-biter against Kansas State on Dec. 3. Junior outside hitter Ashley Wenz said when the team was down, they looked to the upperclassmen for inspirational leadership. “Looking at our seniors, really seeing that they could see the end of the road and being able to play for them,” she said. “I think that’s what really brought our team together at the end of that last fifth set … realizing it’s bigger than yourself.” Wenz added that preparing for the upcoming match will be slightly easier because the Buckeyes are familiar with Wisconsin’s style of play. She said OSU will be focusing on perfecting the mental aspects of the match leading up to Friday.“We’re really working on the mental side of the game, staying focused and mentally sharp,” she said. “Physically, we know what we have to do, so just taking it up a notch.” Friday’s match conjures up a feeling of déjà vu from 2014. The Buckeyes and Badgers had both made it to the Sweet 16 match, but it was Wisconsin that pulled out the 3-2 victory and effectively ended OSU’s season, before losing to Penn State the following match. OSU led 2-1 in the match.Wisconsin has been a Big Ten powerhouse for the past few years, and Carlston said giving away easy points is something the Buckeyes cannot afford to do if the Buckeyes want to keep their season alive. “You can’t play average,” he said. “They’re a senior-driven team, and they have their leadership and they’ve played a hard schedule like all of us have had.” OSU is banking on its resume of experiences to have success over Wisconsin, which includes playing “in the fire” that is the Big Ten conference, as well coming out on top in exhausting five-sets matches. Carlston said his team has improved in their perseverance and level-headedness over the course of the season.“What (winning those five-set matches) says is our team is learning to play and has learned to play pretty well under pressure, and we’re going to need that on the road this weekend,” he said. The Buckeyes and Badgers go head-to-head at 2 p.m. on Friday in Madison. The match will be broadcasted on ESPNU. read more

One quarter of women experience physical or sexual violence from a partner

first_imgMORE THAN ONE quarter of women in Europe experience physical or sexual violence from a partner at some stage in their lives, according to a new study by the World Health Organisation.Another 5.2 per cent of women experience sexual violence from someone who isn’t their partner.The study is the first system review of scientific data on the prevalence of violence against women. It was released to coincide with a conference taking place in Vienna on eliminating violence against women.“Violence against women cannot be tolerated in any society,” said Zsuzsanna Jakab, the Regional Director of the WHO in Europe.“Eradicating violence requires determined efforts to promote gender equality, challenge gender stereotypes and work with women and girls – not only as victims of violence but as empowered agents of change,” she said.Experts meeting in Vienna are calling on countries to adopt the new WHO guidelines to improve the recording of violence against women.“We must bring to light this hidden crime and the many different forms that gender violence takes throughout the European Union, from physical and psychological abuse in partnerships, to sexual assault and rape, forced prostitution, trafficking in human beings and female genital mutilation,” said Thérese Murphy, the head of operations at the European Institute for Gender Equality in Lithuania.The EU has said that developing policies to combat gender-based violence is a priority.Read: Over 4 per cent of men are unaware of the impact of violence on women > Read: Woman ‘forced to drop rape charges’ so she could stay in the country > Poll: Should a domestic violence clause be added to immigration law? >last_img read more

Apple celebrating 10th retail anniversary with product launch next week

first_imgThis Thursday marks Apple‘s 10th anniversary of creating the retail stores that have proved so popular for the company and brand. From 2001 to 2011 Apple has managed to open more than 300 stores around the world while at the same time climbing to the top of the tech industry by continuously producing gadgets and computers consumers desire. Such an anniversary may be overlooked by consumers, but Apple isn’t one to miss an opportunity to make a fuss, or even launch a new product.BGR has heard from a “solid Apple source” that something big is going to happen in Apple Stores to celebrate reaching the decade anniversary. It may not happen until next week, though, as store staff have been signed up to night shifts this weekend. We can expect black curtains to cover the store windows as whatever it is gets setup, and there’s meant to be a lot of hardware and materials being delivered this week and held under lock and key until the weekend to support what’s being planned.AdChoices广告A night shift, curtains on the windows, and hardware being delivered all points to a product launch. That conclusion is further backed up by new training files being downloaded at stores that are password-protected until late Saturday. Plus, those staff working the night shift this weekend will have to sign an NDA as well as hand their phones in so as not to communicate with anyone and break the news early.This has to be a product launch, right? And if so, what is arriving on May 23?More at BGRlast_img read more

Giving it up for charity

first_imgFashion designers Alex Perry and Arthur Galan along with television star Ada Nicodemou are just some of the Australian celebrities who will be giving up clothes to charity. The giveability store is a designer charity store that will help raise money for children with cerebral palsy. “The giveability program is one of Westfield’s important commitments to raise awareness and help children with disabilities in our local communities,” said John Batistich, general manager marketing, Westfield. Westfield Doncaster will have the store open now till Sunday 31 July. Facebook Twitter: @NeosKosmos Instagramlast_img read more

Magazine Closures Continue to Fall In 2013

first_img Both the 185 launches and 56 closures are 5-year lows for the industry, but the distance between them is steadily growing. The two were on par in 2010 (193 launches; 176 closures), while there were 3.3 launches for every closure this year. The magazine market stabilized in 2013 as launches outnumbered closures by more than 3 to 1, according to a year-end report by MediaFinder. See also: Number of Magazine Launches Continues to Decrease  With 185 new magazines in 2013, there were 18-percent fewer launches than there were in 2012, but closures fell almost twice as far. Just 56 titles shuttered in 2013, down more than 30 percent from the prior year and over 60 percent from 2011.center_img In b-to-b publishing, 20 new magazines were launched, with 14 closures. Those numbers were also both down in 2013, from 31 and 16, respectively. Top categories of launches in 2013 included food (23 new magazines), regional (17) and women (13). Sports titles saw the most closings, though MediaFinder did not provide an exact number.last_img read more

Dhaka court lift collapse injures 8 including judges

first_imgDhaka court lift collapse injures 8 including judges. Photo: Prothom AloAt least eight people, including lawyers and judges, were injured as an elevator of the old building of Dhaka district and session judge court collapsed on Thursday morning.However, news agency UNB reports the number of injured is 10.The lift collapsed around 10:00am while it was coming down from the fourth floor of the 30-year-old building, said Mahmudul Hasan, stationmaster of fire service and civil defence station at Sadarghat.The lift collapses around 10:00am. Photo: Prothom AloThe injured were taken to adjacent National Hospital from where three of them shifted to Dhaka Medical College and Hospital as their conditions were reported to be critical, said Inspector Bachchu Mia of DMCH police outpost.last_img read more

PBS stares back at 18gigapixel ARGUS drone imaging system

first_img © 2013 Phys.org Explore further More information: www.pbs.org/wgbh/nova/military … e-of-the-drones.html (Phys.org)—Described as the next generation of surveillance, and representing the world’s highest resolution camera, the ARGUS-IS, which stands for Autonomous Real-Time Ground Ubiquitous Surveillance Imaging System, is featured on PBS’ NOVA program on drones, which describes the latest technologies behind drones. The program carries a demonstration of the imaging system, which is the result of development work at BAE Systems, a defense, security and aerospace company. The BAE team developed the ARGUS-IS array as a project funded by the Defense Advanced Research Projects Agency (DARPA). The importance of this surveillance imaging system centers on its unprecedented capability in finding, tracking and monitoring events in real time. The system was demonstrated by Dr. John Antoniades, technical group director for Intelligence, Surveillance and Reconnaissance Exploitation Technologies at BAE. The demo was part of the NOVA episode “Rise of the Drones.” He did not show the real Argus sensor because it is classified. Antoniades said the government, however, gave permission to discuss its basic capabilities. He made reference to the system having the world’s highest resolution camera, which can be attached to the belly of a UAV. Flight-tests autonomous multi-target, multi-user tracking capability Citation: PBS stares back at 1.8-gigapixel ARGUS drone imaging system (2013, January 29) retrieved 18 August 2019 from https://phys.org/news/2013-01-pbs-gigapixel-drone-imaging.html With its capabilities, the system can detail areas within a very broad context, with enough zoom power to see people waving their arms and walking around in parking lots. This is a 1.8-gigapixel video surveillance platform that can resolve details as small as six inches from an altitude of 17,500 feet. He said its imaging power involves basic cellphone technology. The BAE team decided to string together 368 imaging sensors focused on the ground via image-stabilized telescopic lenses. In this manner, the ARGUS-IS array links together images to perform surveillance over enormous terrain in realtime.In February 2010, after completing a flight test of the ARGUS-IS, Dr. Steven Wein, BAE director of optical sensor systems, spoke of its technical edge over previous work in imaging systems. “Very high-resolution imaging systems required for vehicle and dismount tracking typically have a ‘soda-straw’ view that is too small for persistent coverage. Existing wide-area systems have either inadequate resolution or require multiple passes or revisits to get updates.” He said that the ARGUS-IS system overcomes the fundamental limitations of current airborne surveillance systems.In 2007, BAE Systems received an $18.5 million contract from DARPA to develop a new class of intelligence, surveillance, and reconnaissance systems and capabilities. This document is subject to copyright. Apart from any fair dealing for the purpose of private study or research, no part may be reproduced without the written permission. The content is provided for information purposes only.last_img read more

TT star accused of physical and mental torture by wife

first_imgBarasat: Olympian Soumyajit Ghosh has been accused of mental and physical torture by his wife just five months after their marriage and she has lodged a formal complaint with the police. The FIR lodged against the star table tennis player by his wife also alleged criminal breach of trust, police said. The others whose names figure in the FIR lodged at Barasat police station in North 24 Parganas district are his parents Harishankar and Mina Ghosh, his two uncles and a cousin, the police said. Also Read – 3 injured, flight, train services hit as rains lash BengalThey have been booked under Indian Penal Code sections 498A (physical and mental torture), 406 (criminal breach of trust), 195A (threatening to give false evidence) and 34 (common intention), he said. Ghosh has rubbished the allegations by his wife and described them as false. In March last year Ghosh was accused of rape by his wife, then his girl friend. Following it the two-time Olympian was provisionally suspended by the Table Tennis Federation of India (TTFI). Ghosh patched up his relations with his girlfriend and had married her on August 3, 2018 after she withdrew her rape charges against him. It was only in December, 2018 that TTFI had revoked his suspension.last_img read more

Update Truck driver burns to death on N3 at Van Reenen

first_imgWebsiteWebsiteWebsite WebsiteWebsiteWebsite WebsiteWebsiteWebsite One life has been lost and another person injured in a crash involving two trucks on the N3 at Van Reenen near the Caltex Service Station.One of the truck drivers is alleged to have been burned to death and was trapped in the vehicle. A passenger in the same truck was injured, but managed to escape.Read initial story: Trucks on fire on N3 at Van ReenenRead more: Bad crash near Van ReenenOne of the trucks was carrying steel pipes.The road is closed due to officials clearing the scene.It is believed that traffic will flow again within the next hour and a half. Emergency officials are still on scene.Our deepest condolences to the family of the deceased.Click to receive news links via WhatsApp. Or  for the latest news, visit our webpage or follow us on Facebook and Twitter. Join us there!last_img read more

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first_img News | Interventional Radiology | July 03, 2019 Varian Purchasing Embolic Bead Assets from Boston Scientific Varian announced it has signed an asset purchase agreement to acquire the Boston Scientific portfolio of drug-loadable… read more Technology | Interventional Radiology | August 14, 2019 FDA Clears NvisionVLE Imaging System for Pancreatic and Biliary Applications August 14, 2019 — NinePoint Medical Inc. announced it has received U.S. read more Image courtesy of NinePoint Medical Technology | Interventional Radiology | August 16, 2019 Profound Medical Receives U.S. FDA 510(k) Clearance for Tulsa-Pro Profound Medical Corp. announced it has received 510(k) clearance from the U.S. Food and Drug Administration (FDA) to… read more News | Interventional Radiology | June 19, 2019 Merit Medical Acquires Brightwater Medical Inc. Merit Medical Systems Inc. announced it has acquired Brightwater Medical Inc., based in Temecula, Calif. Brightwater… read more Technology | Information Technology | June 20, 2019 DOSIsoft Receives FDA 510(k) Clearance for Planet Onco Dose Software DOSIsoft announced it has received 510(k) clearance from the U.S. Food and Drug Administration (FDA) to market Planet… read more Videos | Interventional Radiology | June 26, 2019 VIDEO: How Alexa Might Help During Interventional Radiology Procedures Kevin Seals, M.D.,… read more Related Content June 8, 2011 – The U.S. Food and Drug Administration (FDA) has released its list of pre-market approval (PMA) and 510(k) decisions for new or enhanced medical devices from March 2011. The list includes all FDA PMAs , product development protocols (PDP), supplement and notice decisions. This list is generated on a monthly basis. PMAs are granted for new devices and 510(k) approvals are granted for device’s cleared commercialization that are substantially similar to a previously FDA cleared device.The list of new PMAs can be accessed at www.fda.gov/MedicalDevices/ProductsandMedicalProcedures/DeviceApprovalsa…The list of new 510(k) decisions can be accessed at: www.fda.gov/MedicalDevices/ProductsandMedicalProcedures/DeviceApprovalsa… FacebookTwitterLinkedInPrint分享center_img VIDEO: How Alexa Might Help During Interventional Radiology ProceduresKevin Seals, M.D., is working on a research project using smart speakers such as the Amazon Echo and Google Home to create a new method for accessing information on device technologies in real time in the interventional radiology (IR) lab.Video Player is loading.Play VideoPlayMuteCurrent Time 0:00/Duration 4:47Loaded: 3.40%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -4:47 Playback Rate1xChaptersChaptersDescriptionsdescriptions off, selectedCaptionscaptions settings, opens captions settings dialogcaptions 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.Close Modal DialogThis is a modal window. This modal can be closed by pressing the Escape key or activating the close button. News | Interventional Radiology | July 31, 2019 International Multidisciplinary Group Publishes Recommendations for Personalized HCC Treatment With Y90 TheraSphere New consensus recommendations for personalized treatment for hepatocellular carcinoma (HCC) with BTG’s TheraSphere have… read more Technology | Interventional Radiology | June 24, 2019 Mentice and Siemens Healthineers Integrate VIST Virtual Patient With Artis Icono Angiography System Siemens Healthineers and Mentice AB announced the collaboration to fully integrate Mentice’s VIST Virtual Patient into… read more Feature | Henry Ford Hospital | May 21, 2019 | Dave Fornell, Editor Innovations in Radiotherapy and Radiology at Henry Ford Hospital Henry Ford Hospital thought leaders regularly speak at the radiation oncology and radiology conferences about new res read more Henry Ford Hospital’s ViewRay MRIdian linear accelerator system allows real-time MRI-guided radiotherapy. Shown is the support staff for this system. In the center of the photo is Benjamin Movsas, M.D., chair of radiation oncology at Henry Ford Cancer Institute. Second from the right is Carri Glide-Hurst, Ph.D., director of translational research, radiation oncology. News | CT Angiography (CTA) | July 24, 2019 WVU Medicine Installs First Alphenix 4D CT in the U.S. The West Virginia University (WVU) Heart and Vascular Institute is the first hospital in the country to acquire the… read more News | June 10, 2011 FDA Announces New Device Approvals from April, May 2011 last_img read more

Costa Ricas Solís prepares for his 16th trip abroad in a year

first_imgPresident Luis Guillermo Solís just returned from a 10-day tour of the United States last Friday, where he held several meetings hoping toattract investment. On Wednesday, he confirmed he will travel from June 3-11 to Paris, Geneva and Brussels.The European tour will be Solís’ 16th trip since taking office a year ago.In France, Solís’ will meet with President François Hollande; in Geneva he will hold meetings with U.N. officials; and in Brussels he will participate in a summit by the Economic Commission for Latin America and the Caribbean.Among other goals, Solís will lobby for Costa Rica’s joining of the Organization for Economic Cooperation and Development.Citing “international commitments,” Solís said during a public event on Wednesday that he wouldn’t commit to fewer trips, and “would travel as much as needed in order to serve the country.”The president’s reaction angered some lawmakers. National Liberation Party lawmaker Antonio Álvarez Desanti said he believes Solís’ trips are “presidential tourism”and undermine his presidential image.Christian Democratic Alliance lawmaker Mario Redondo presented a report stating that frequent trips abroad are not exclusive to the president. The legislator said he has evidence that “officials from 13 ministries have taken 1,654 trips during the first year of the current administration.”Among them Redondo reported that Public Security Ministry officials have traveled 345 times, and Planning Minister Olga Sánchez Oviedo left the country on 13 occasions and spent a total of 77 days abroad. Sánchez visited the United States, Mexico, Guatemala, Venezuela, Ecuador, Peru, Spain, France, Moldova and China.“She even visited some of these destinations twice,” Redondo said.Solís justified Sánchez’s trips by saying they were job-related and that she was representing the country before international organizations. Redondo argued that international commitments should be handled by the ministers of foreign trade and foreign relations.On Thursday, the lawmaker filed a draft bill “to improve transparency in visits abroad by public officials.” The proposal seeks to improve control and transparency for trips abroad by public officials and proposes mechanisms to evaluate the achievements of each trip. Facebook Comments Related posts:Wanted: bilingual professionals in Costa Rica South Korean company confirms opening of yarn spinning plant in Costa Rica Accenture announces 300 new jobs in Costa Rica Costa Rican President Luis Guillermo Solís promises to cut extreme poverty by 45 percent by 2018last_img read more

Cook Islands Tourism launches Love a little paradise

first_imgSource = Cook Islands Tourism Cook Islands Tourism will officially launch its new destination brand this month under the tagline ‘Love a little paradise’.To celebrate the launch, Air New Zealand are offering $200 off return flights for your clients to the Cook Islands. Sale runs from 8 – 26 January 2016, more details are below.The new brand strategy seeks to differentiate the idyllic South Pacific nation from its key competitors and raise awareness for the visitor segment identified as Soft Explorers.Soft Explorers are those after a paradise that offers a variety of experiences and light adventures beyond the confines of a resort and seek authentic interactions with the locals.Cook Islands Tourism Corporation General Manager Kerryn Cook said targeting this market segment is important for the Cook Islands to grow the value of tourism as opposed to volume.“Unlike other islands, we can’t keep adding new resorts indefinitely. Sustainable growth for us has to come by attracting tourists who spend more on-island without alienating our traditional market base,” Cook said.A new creative identity will cut through the plethora of beach and island advertising with an eye catching new logo incorporating uniquely Cook Islands emblems and the use of bright pink, turquoise and navy. The logo has been designed to immediately communicate the name Cook Islands to counter the issue of low awareness for the destination.“After we’ve got their attention, our communications will focus on giving these potential visitors the reasons to commit the perceived extra time and money it takes to visit the Cook Islands.”The tagline was inspired by the beauty of the landscape and the innocent, earthy and playful character of the people of the Cook Islands.The word ‘little’ speaks tothe truth of the Cook Islands and the driver of most of the islands’ unique visitor benefits. It refers to the reasonable size and accessibility that offers incredible experiences by only touring its main island, Rarotonga.Visitors can expect to arrive at crystal blue waters only 20 minutes after arriving and stay at accommodation never higher than the palm trees. Along with the expected qualities paradise brings, visitors to the Cook Islands are also invited to experience the feeling of freedom and hospitality of its people, culture and local traditions.“The Cook Islands wants to own the positioning of the ‘little paradise’ to really stand out from our bigger, deeper-pocketed competitors and gain market share,” Cook said.“The Cook Islands’ point of difference is we truly deliver on our visitor promise by offering the people, product andplace where the rest of the world can experience a moment of freedom.”Air New Zealand’s $200 off sale applies to all return economy, premium economy and business class fares from Australia to the Cook Islands.  For travel outbound 13 February – 7 April 2016 and 26 April – 28 June 2016. For travel inbound 14 February – 14 April 2016 and 1 May – 30 June 2016.For more information on flights to Rarotonga please visit www.airnzagent.com.au. Visit the Cook Islandslast_img read more

Paphos resident recognised in Queens New Years Honours List 2018

first_imgA British expat resident of Paphos has been awarded a medal in the Queen’s New Year’s Honours List 2018.Ian Baddon, a retired UK television producer and journalist, has been given a British Empire Medal (BEM) for his services to the voluntary sector and British community living in Cyprus.“There are so many people doing wonderful things. I am stunned to be recognised for this award. It is an honour which I will always treasure,” he told the Cyprus Mail.Baddon, who knew nothing of his nomination, will be presented with the award by the British High Commissioner to Cyprus, Matthew Kidd, as is the normal practice for the British Empire Medal. He will also be invited to attend Her Majesty’s annual garden party.He has been recognised as a volunteer for Cancer Patients Support, part of the Cyprus Association of Cancer Patients and Friends- Pasykaf, and for services to supporting patients with both cancer and dementia.According to an official press notice, the Paphos resident has ‘provided outstanding assistance to vulnerable people and their families in Paphos, Cyprus, volunteering his own time and resources to those less fortunate than himself’.Baddon moved to Cyprus with his family in 2005 to help his wife deal with terminal illness, and since her death has dedicated himself to supporting families going through similar difficult times.Over a period of 10 years, he has become involved with a number of individuals and families coping with either Parkinson’s disease, cancer or Alzheimer’s, liaising with doctors, lawyers and the British High Commission to ensure the best possible care and support is provided.Honours lists are published twice a year, on the Queen’s official birthday in June and at New Year, and recognise extraordinary achievement and service to the UK. Following a nomination process, an honours committee reviews all the submitted nominations. The Queen then awards the honour.The New Year’s Honours is published on December 30th, in The Gazette, the UK’s official public record.You May LikeLuxury Crossover SUV I Search AdsThese SUVs Are The Cream Of The Crop. Search For 2019 Luxury Crossover SUV DealsLuxury Crossover SUV I Search AdsUndoDr. Marty ProPower Plus Supplement3 Dangerous Foods People Feed Their Dogs (Without Realizing It)Dr. Marty ProPower Plus SupplementUndoSecurity SaversWindows Users Advised To Do This TodaySecurity SaversUndo Turkish Cypriot actions in Varosha ‘a clear violation’ of UN resolutions, Nicosia saysUndoConcern over falling tourism numbersUndoPensioner dies after crash on Paphos-Polis roadUndoby Taboolaby Taboolalast_img read more

Troika to focus on NHS and bad loans

first_imgBy Angelos AnastasiouMEMBERS OF the troika Cyprus delegation arrived on Monday ready to start the fourth review of the country’s adjustment programme on Tuesday morning.As per the protocol followed in previous visits, during the review’s first week the delegates from the European Commission, the European Central Bank and the International Monetary Fund are expected to examine all issues on a technocratic level, while political meetings will be held during the second week, with the discussions poised to conclude on May 16.Consultations to be held with three parties – the Finance Ministry, the Central Bank of Cyprus and the Directorate for European Programmes – will look at public finances and macroeconomic developments, issues relating to the financial sector and structural reform.Health issues are also ranked highly by the Troika, focusing on the roadmap to implementation of the National Health Scheme (NHS), as announced by Health Minister Philippos Patsalis.Last Friday, the Health Ministry submitted a roadmap for the self-sustainability of public healthcare facilities and implementation of the NHS.Patsalis deemed the upcoming review “very important” as the troika is eager to ascertain the progress made in the implementation of the NHS and relevant reform.“Unfortunately, we have fallen behind schedule and we must be honest,” he said, but denied any intention of asking for a postponement in implementation.Patsalis explained that the roadmap recorded “detailed steps that need to be taken, legislation, decrees, regulations and other action relating to the NHS and the reform of public healthcare facilities and the Health Ministry, so that the timeframes for gradual implementation of the NHS in 2015, and its completion in 2016, can be kept.”In the financial sector, where the issue of non-performing loans remains at the forefront, the delegation will evaluate the findings of an audit on the operational readiness of loan settlement units in commercial banks, completed by an external consultancy in mid-March. A similar audit for Cyprus’ Co-operative Credit Institutions must be completed by the end of May.The troika will monitor the progress of the new reform framework governing cases of insolvency for both individuals and companies. The framework must be approved by the Council of Ministers by the end of May and will form the basis for relevant legislation, which will be submitted to the House by December.The insolvency legislation, in combination with the foreclosure framework, will complete the mediation mechanism along with the ‘rent-for-mortgage’ scheme, which will create the conditions for more effective loan restructuring with a view to eventual repayment.Meanwhile, a revised European Commission Spring Forecast for Cyprus yesterday touted tourism and financial services as the main reasons behind the milder-than-expected drop in financial activity and exports.The original forecast was finalised in early February, after the third quarterly review of the economic adjustment programme by the troika, and will be revisited during the coming fourth review. The new text reflects recent developments, the Commission said.The report said: “The resilience of the tourism and financial services sector helped blunt the slowdown of economic activity and exports,” the report said. Imports decreased more than exports, leading to a net trade gain in growth, the Commission said, noting the further increase in unemployment.Predictions for 2014 indicate a continued recession, but further blunting of economic activity slowdown. Limited credit, as well as salary cuts leading to a decrease in disposable income, will challenge private demand, while the necessary fiscal reform measures will continue to impact public consumption negatively. The economic contraction is expected to produce a 19 per cent unemployment rate in 2014, the Commission said.But the report places Cyprus’ return to growth in 2015, as private demand is bolstered.Internal potential risks include an extended period of limited credit and a slower reduction of household debt, which could hinder economic recovery. Externally, Cyprus’ trade ties with Russia could damage the island’s exporting activity, in the case of escalating tension between Russia and Ukraine.You May LikeLivestlyChip And Joanna’s $18M Mansion Is Perfect, But It’s The Backyard Everyone Is Talking AboutLivestlyUndoPopularEverythingColorado Mom Adopted Two Children, Months Later She Learned Who They Really ArePopularEverythingUndoSenior Living | Search AdsCheap Senior Apartments in Rowland Heights Are Turning HeadsSenior Living | Search AdsUndo Pensioner dies after crash on Paphos-Polis roadUndoCruise passenger airlifted to Paphos hospitalUndoRemand for pair in alleged property fraud (Updated)Undoby Taboolaby Taboolalast_img read more

Capital restrictions relaxed

first_imgBy Stelios OrphanidesAuthorities relaxed restrictions on capital movement concerning domestic banks today by doubling the ceiling of transactions “within the ordinary business activity” not subject to approval to 2 million euros, the finance ministry said today.You May LikeLocksmith of HeartsPhil Collins’s Daughter Is Probably The Most Pretty Woman Ever Existed.Locksmith of HeartsUndoEditorChoice.comIf You See Square Waves In The Ocean Get Out Of The Water ImmediatelyEditorChoice.comUndoNovelodgeBaby Photoshoots That Went Hilariously WrongNovelodgeUndo Pensioner dies after crash on Paphos-Polis roadUndoCruise passenger airlifted to Paphos hospitalUndoRemand for pair in alleged property fraud (Updated)Undoby Taboolaby Taboolalast_img read more