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first_imgCaribbean Countries Ready to Address Stagnation – CDB President Finance & Public ServiceOctober 24, 2014Written by: Marlon Tingling RelatedRemember Where We Are Coming From – Dr. Phillips RelatedMore Global Input Needed to Assist Region with Financial Challenges – Dr. Phillips Story HighlightsPresident of the Caribbean Development Bank (CDB), Dr. Warren Smith, is expressing optimism that Caribbean countries are ready to address the root causes of the economic and social stagnation.Dr. Smith said his optimism comes on the heels of discussions which took place at the recently held meetings of the IMF and World Bank in Washington, D.C.Dr. Smith told the forum that the issue of the high debt burden being carried by Caribbean countries, must also be tackled. Caribbean Countries Ready to Address Stagnation – CDB PresidentJIS News | Presented by: PausePlay% buffered00:0000:00UnmuteMuteDisable captionsEnable captionsSettingsCaptionsDisabledQualityundefinedSpeedNormalCaptionsGo back to previous menuQualityGo back to previous menuSpeedGo back to previous menu0.5×0.75×Normal1.25×1.5×1.75×2×Exit fullscreenEnter fullscreenPlay RelatedRobust Financial System Vital For Growth – IMF Officialcenter_img FacebookTwitterWhatsAppEmail Photo: JIS PhotographerPresident of the Caribbean Development Bank (CDB), Dr. Warren Smith (at podium), addresses the opening ceremony of the 2014 High Level Caribbean Forum at the Montego Bay Convention Centre, in Rose Hall, St. James, on October 23. Seated (from left) are: Vice President of the World Bank, Jorge Familiar; Prime Minister, the Most Hon. Portia Simpson Miller; Deputy Managing Director of the International Monetary Fund (IMF), Dr. Min Zhu; Finance Minister, Dr. the Hon. Peter Phillips and Director of the IMF, Alejandro Werner (both partly hidden). President of the Caribbean Development Bank (CDB), Dr. Warren Smith, is expressing optimism that Caribbean countries are ready to address the root causes of the economic and social stagnation.Addressing the opening of the International Monetary Fund (IMF) 2014 High Level Caribbean Forum at the Montego Bay Convention Centre, in St. James, on October 23, Dr. Smith said his optimism comes on the heels of discussions which took place at the recently held meetings of the IMF and World Bank in Washington, D.C.“I had the privilege of attending the meetings…and came away with a renewed sense of optimism that the Caribbean countries and the development communities are ready to address frontally, the root causes of Caribbean economic and social stagnation,” he said.“One of the root causes is the issue of energy and we need to address it as a fundamental root cause of our uncompetitiveness. We need to move on it with a sense of great urgency. The Caribbean is not energy poor. We might not have an abundance of fossil fuels…but we have enough alternatives to make a reasonable dent in our import bill,” the President argued.Dr. Smith told the forum that the issue of the high debt burden being carried by Caribbean countries, must also be tackled.“Very large debt over-hangs represent a drag on economic growth. High debt and economic growth are not very good bed fellows. Failure to tackle this problem in a substantive way, fairly early in the adjustment process, is likely to heighten the risk of premature abandonment of the adjustment programme. The slow burner approach to whittling down large debt over-hang is fraught with danger and cries out for an early solution,” the President emphasisedDr. Smith said part of the solution to the economic woes of the Caribbean could lie in the creativity of the youth in the region.“Available data suggests that youth unemployment at levels north of 34 per cent in many of our countries needs immediate attention. Our young people are very creative and dynamic…they demonstrate these characteristics across the Caribbean mainly in the fields of the arts, dance and sports…but that’s not all they have a capacity for,” he pointed out.He said that a recent initiative by the World Bank to take advantage of the aptitude of the youth in the field of animation, is only one illustration of the possibilities of unleashing the dynamism of the young people in a sector where they can build small businesses, earn foreign exchange and integrate themselves into the international value chain.The President emphasized that the initiative by the World Bank must not be left to die, but rather it must be the target of sustained focus, as if given the appropriate support, these sectors, in time, can become the dynamic drivers of economic growth. Advertisementslast_img read more

first_imgAddThis Sharing ButtonsShare to FacebookFacebookFacebookShare to TwitterTwitterTwitterShare to EmailEmailEmailShare to RedditRedditRedditShare to MoreAddThisMoreA wife in England gave birth on March 23 to babies that were “monochorionic quads,” an extremely rare occurrence meaning that four identical babies all shared the same placenta. A nice story about how the parents are caring for them and even they can’t tell the babies apart!! The quadruplets — Ellie, Georgina, Holly and Jessica Carles — were conceived naturally at incredible odds… This week, the girls were allowed home — which meant their mother Julie, 37, could hold them all at once for the first time. (-Daily Mail with photo) AddThis Sharing ButtonsShare to FacebookFacebookFacebookShare to TwitterTwitterTwitterShare to EmailEmailEmailShare to RedditRedditRedditShare to MoreAddThisMorelast_img read more

first_imgLocalNews New Year’s baby named ‘Faith’ by: – January 2, 2014 Share Share Share Tweetcenter_img 44 Views   3 comments Sharing is caring! Baby Faith Thomas.Photo compliments: The ChronicleDominica’s first baby for 2014 made her entrance at about 12:31 am on Wednesday, January 1, 2013. Deloris Hillaire Thomas of Delices gave birth to her first child, Faith Briana Thomas, at the Stronach Ward of the Princess Margaret Hospital.“It came as a surprise to me because my date pass to give birth to her,” Mrs. Thomas told Dominica Vibes on Thursday, January 2, 2014.Baby Faith, who weighed 8lbs is said to be in good health and is currently at the Nursery.Deloris Hillaire Thomas“My birthday was on the 14th of December so I thought she would have come out on my birthday and my anniversary was on the 29th of December but she wanted to come out and surprise everybody so she came out on that date, the first day of the year and I am very happy,” Mrs Thomas added. She described baby Faith “as a blessing” to her family especially her mother, husband and church members.She also thanked the nurses of Stronach Ward and the doctors for providing care to her and baby Faith.Dominica Vibes Newslast_img read more

first_imgFIFA said Sunday that of the 61,600 tickets available for the Brazil-Croatia match on Thursday in Sao Paulo, only 25,636 were sold to the general public. About 10,000 additional tickets are going to fans through promotional activities.Football’s governing body said more than 1,500 tickets were reserved for VIPs, and about the same number is going to journalists.More than 13,700 tickets went to hospitality programs, and 12,600 to commercial affiliates and broadcasters, who are expected to give away 85 percent of their share to fans and partners. Local organizers and the football community, including association members, received 6,600 tickets.FIFA initially said the Itaquerao stadium in Sao Paulo would hold 68,000 people in the high-profile inaugural match, but the capacity was adjusted because of the seats reserved to journalists and to accommodate the 34 cameras needed to broadcast the match. FIFA denied that the decrease in capacity was caused by delays in construction at the Itaquerao.The stadium has been one of the most problematic in the run-up to the World Cup, prompting a series of concerns to FIFA. Late last year, a crane hoisting a giant roofing structure into place collapsed, killing two workers and causing significant delays. Constructors have already said that the stadium’s roof will not be fully completed for the tournament.FIFA is also worried about the recent wave of strikes in Sao Paulo, especially by operators of the subway line that will takes fans and journalists to the Itaquerao.“FIFA and the local organizing committee rely on the urban mobility plans presented by host city Sao Paulo, which include not only the usual means of transportation but also contingency plans in case of one of the modals is unavailable or partially working,” football’s governing body said.The strike by subway operators created havoc in the city’s traffic last week, nearly halting South America’s biggest city.“What FIFA and the LOC always stress is the importance of fans to plan their way to the stadium and leave early for the match,” FIFA said.On Saturday, FIFA said that 1,376 people will have to change their tickets because they were handed out before work at the stadiums was completed. It said seating configurations changed after technical teams established exactly where the media tribunes and broadcast equipment had to be placed in each of the 12 venues.A total of about 3.3 million tickets will be sold for the first World Cup in Brazil since 1950. More than 2.5 million tickets had already been allocated, including through the hospitality programs.___Follow Tales Azzoni at http://twitter.com/tazzonilast_img read more

first_imgAjansspor journalist Ekrem Konur claims Fenerbahce are interested in signing Malang Sarr but Arsenal and RB Leipzig are also keen on his services. The promising defender is currently a free agent after his contract expired with French club Nice, and he’s been linked with a move to Fenerbahce in recent weeks.However, Konur claims that Arsenal and RB Leipzig are also in talks with the French defender, and that the Premier League side are leading the chase at this stage.Mikel Arteta will be keen to strengthen his squad this summer and signing Sarr could be an option for the Spaniard.The 21 year old can also play as a left-back, and reports in the Turkish media say he’s the first choice for Fenerbahce’s new sporting director Emre Belozoglu. The Yellow Canaries will be looking to sign free agents this summer because of their poor financial situation.Sarr featured 19 times in Ligue 1 last season and scored one goal.by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksTrending TodayForge of Empires – Free Online GameIf You Like to Play, this City-Building Game is a Must-Have. No Install.Forge of Empires – Free Online GameUndo聽多多 Hearmore.asia1969年前出生的香港居民現可免費試戴頂尖的歐洲助聽器聽多多 Hearmore.asiaUndoHero WarsGetting this Treasure is impossible! Prove us wrong!Hero WarsUndo熱門話題小心會長過頭…網友推爆:「真的長得超誇張!」熱門話題UndoStanChart by CNBC CatalystDigitization in Banks Is No Longer About Efficiency, but Business Resilience. Don’t Get Left Behind.StanChart by CNBC CatalystUndoCNN with DBS BankWhat Banks Did To Help Corporations Mitigate Future CrisesCNN with DBS BankUndoLoans | Search AdsNeed a loan? Search hereLoans | Search AdsUndoGrepolis – Online Free GameGamers Around the World Have Been Waiting for this Game! Already 35 Million PlayersGrepolis – Online Free GameUndoKeto减肥1個簡單的妙招一夜「融化」腹部贅肉(今晚試試)Keto减肥Undolast_img read more