Draghi plays down bond bubble fears and early policy exit talk

first_img More From Our Partners Inside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comWhite House Again Downplays Fourth Possible Coronvirus Checkvaluewalk.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgInstitutional Investors Turn To Options to Bet Against AMCvaluewalk.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.org Wednesday 15 April 2015 8:54 pm Draghi plays down bond bubble fears and early policy exit talk EUROPEAN Central Bank (ECB) chief Mario Draghi yesterday dismissed fears of a European bond bubble, insisting that talk of an early end to bond purchases was premature.“So far we have not seen any evidence of a bubble,” he said after the ECB chose to hold interest rates at record lows. It has been suggested that the €60bn (£43bn) a month asset purchases that began in March has pushed up bond prices, creating a dangerous bubble. Despite the interest on many government bonds turning negative, he said one important sign of a bubble – increased borrowing in financial markets – was absent.“We are not seeing an increase in leverage in the banking sector,” Draghi said. Even if there was a bond bubble, he said monetary policy would not be correct the way to address the issue. Instead, he said macroprudential instruments should be used – these normally require banks to hold more capital. Tags: NULL Show Comments ▼ Share whatsapp whatsapp Express KCS last_img read more

News / Flexport: ‘What we want is predictability and stability, not just dirt cheap rates’

first_imgBy Alex Lennane 19/10/2020 Flexport has told customers it welcomes the newfound riches of the shipping lines – and that the “last thing” the industry needs is another box line bankruptcy.At a customer event last week, chief executive Ryan Petersen said: “The shipping lines are finally turning a profit, and they built these huge expensive ships, so let’s not get too upset.“It’s a relatively competitive market – less than it was, but it’s still competitive. And then China stepped in [to encourage rate stabilisation]. If prices are too low, it creates more chaos, when what we want is predictability and stability, not just dirt cheap rates.”He added that the shipping lines may have “over-calibrated” in March when “things looked bad and they idled ships – but who knew what was to come?”He predicted the ocean market would become more stable.“I wouldn’t expect total chaos – unless something new happens.”Mr Petersen and Flexport chief economist Phil Levy both said they believed Covid-19 would not put an end to globalisation.“There is a reason people choose to ship across the Pacific, and it’s not because it’s easy,” said Mr Levy. “It is driven by economic calculations.”Mr Petersen added that shipping was “remarkably cheap across oceans”.He said: “Finally, carriers are making some money, but it’s still in many cases cheaper to ship than to manufacture in Mexico or the US. It’s also about the best manufacturers, and where they are.”In a keynote speech, Mr Petersen said there had been a whole “flock of black swan” events this year, resulting in limited transport options and Mr Levy added: “It has been a wild time. But trade is still with us. Global supply chains haven’t failed, but they are more complicated.“Globalisation is changing rapidly, but not dying.”He added that it was yet unclear what the impact might be from a change of US president.“The Trump administration has been different for trade – not so much because of tariffs themselves, but because of the extent of the tariffs. It is not obvious what a Biden administration would do. But there is a ‘time-out’ on the China-US agreement and it’s not easy to see a resolution to that under a second Trump administration.”Mr Petersen concluded: “Let’s be ready for whatever comes. As long as we can connect two ports or airports, trade will go on. But economics are dynamic, and things will change.”last_img read more

Post-Brexit, will the European Medicines Agency be homeless?

first_imgThe EMA has enjoyed a symbiotic relationship with Britain’s own Medicines & Healthcare products Regulatory Agency, but in the wake of Brexit, the two organizations need to learn how to play separately.A lot of regulatory work is still done on a national level, by agencies such as the MHRA, so drugs are able to get national approval before they’re sanctioned by the EMA. Bates estimated that the UK drug agency actually does about a third of the work underlying reviews by the EMA. The MHRA will have to fortify its internal drug review process, to make up for the absence of the EMA’s function. And, in turn, Bates said the European agency may lose out on benefitting from the MHRA’s strengths in patient safety regulation.“It would be really unfortunate if those skills would be unavailable to the central EMA agency,” Bates said.The UK life sciences industry will have some time to adjust, however, according to Jeffries analyst Brian Abraham: “For the EMA regulatory process,” he wrote, “… all will be the same for two years as the shift will be gradual.” Britain’s popular vote to leave the European Union seems likely to cause major disruptions for the drug approval process in the UK and across the channel in mainland Europe, analysts said Friday. There were also predictions that medical research funding will take a hit.“The future structure of medicine regulation in Europe is now thrown into question,” said Steve Bates, CEO of the BioIndustry Association, a British life sciences trade organization.The clearest impact of the “Brexit” vote on the life sciences sector is likely to fall on employees of the European Medicines Agency, which will likely have to relocate to another country, uprooting more than 600 people now working in London.advertisement Leave this field empty if you’re human: Brexit has been a major concern for the pharmaceutical industry for many months. Major UK pharma players such as GlaxoSmithKline and AstraZeneca have long argued that leaving the EU would stymie drug innovation.The sector employs more than 222,000 people across the UK — a significant percentage from other EU countries — and the industry fears the migration of talent after separation from the EU. Furthermore, about 16 percent of the $4 billion UK life sciences firms spend on research annually comes from EU grants, so there’s worry that this money will be lost.Global pharmaceutical companies, especially ones with headquarters or a presence in the UK, had voiced support for the “Remain” campaign leading up to the vote. A handful of pharma giants including Glaxo and AstraZeneca in recent months signed letters published in the British newspapers The Times and The Observer warning of consequences to their industry if the referendum were to pass.The reaction from drug companies on Friday was resigned yet measured. Corporate statements referenced plans to watch and adapt to the new global order. AstraZeneca and GlaxoSmithKline both promised to “engage” in the process and work with stakeholders moving forward. Eli Lilly urged “the UK government to promote political stability.” And Johnson & Johnson said it aimed “to minimize any disruption.”British venture capitalist Neil Woodford, who’s had a heavy hand in biotech investment, offered calming words on his firm’s website. Although there will be challenges in the near-term, he said that in ensuing years “the trajectory of the UK economy, and more importantly the world economy, will not be influenced significantly by today’s outcome.”Bates mirrored that sentiment, with an aphorism that’s decidedly British:“We’ve just got to keep calm and carry on biotech-ing,” he said. Related: Meghana Keshavan A European Union flag, with a hole cut in the middle, flies at half-mast Friday outside a home in Knutsford Cheshire in the UK. Christopher Furlong/Getty Images BiotechPost-Brexit, will the European Medicines Agency be homeless? Alan Carr, an analyst with Needham, wrote in a client note that drugs currently being reviewed by the EMA won’t feel much impact in the near-term. However, moving forward, he said “Brexit will lead to a less efficient, and potentially lengthier regulatory process for companies seeking approval in the EU and UK.”advertisement Biotech Correspondent Meghana covers biotech and contributes to The Readout newsletter. Tags Brexitpharmaceutical industryUK Please enter a valid email address. Newsletters Sign up for Pharmalot Your daily update on the drug industry. “No country has ever decided to leave the EU, so there is no precedent for this situation,” a spokeswoman for the EMA wrote in an email, adding that it’s “too early to foresee the implications of this decision” and that the EMA will share more when it has “concrete information.” Privacy Policy By Meghana Keshavan and Rebecca Robbins June 24, 2016 Reprints About the Authors Reprints @megkesh Europe’s new trade secrets rule sparks debate over drug safety [email protected] last_img read more

The nursing science behind nurses as coronavirus hospital heroes

first_img [email protected] Related: @VisionaryPhD About the Authors Reprints Nurses play vital roles in health care. Why are they invisible in the media? Anna Dermenchyan Nurses will help turn the promise of universal health care into a reality Related: We define nursing like this: Nursing is the diagnosis and treatment of the human response to health and disease. This is distinct from medicine, which is about the diagnosis and treatment of disease itself.Nursing involves assessing how people react physically, psychologically, emotionally, and spiritually to disease and the state of their health. It also helps them respond to disease and health. It is a scientific discipline, like biology, or oncology, or radiology. It has a history, philosophy, and theory-driven body of scientific research. That includes nursing scientists, who hold PhDs and are responsible for expanding scientific knowledge.Nursing does not lend itself well to the -ology verbiage typical of medical science, but perhaps that’s fitting because nursing science is different than many other types. It is a practical, action-oriented science rather than a purely theoretical science. It is concerned with how to use research to improve health and health care for real patients, families, and communities.Nurse scientists are rare, which may be another reason why many people haven’t heard of nursing science. Less than 1% of U.S. nurses hold a Ph.D. That is a problem for both research and patient care. Our country is facing a severe nursing shortage, with a projected gap of 200,000 nurses per year through 2026. One key reason we can’t increase the number of nurses in the U.S. is the shortage of nursing scientists and educators: There just aren’t enough of them to educate the nurses we need or expand our science so it reaches public awareness.U.S. nursing schools were estimated to have turned away more than 75,000 qualified applicants in 2018, due in large part to an insufficient number of nursing faculty. High-quality nursing education matters for science, but also for health care. Patients are less likely to die in hospitals staffed with more highly educated nurses. We desperately need more nurse scientists for both educating new nurses and leading nursing scientific innovation. The coronavirus pandemic has given nurses a rare moment in the media spotlight. They are being heralded as lifesaving heroes on the front lines of the pandemic. The Covid-19 fight is a team effort, but nurses have a unique role. In intensive care units, 86% of patient care time comes from nurses, while only 13% comes from physicians.Nurses have always enjoyed public respect and are routinely rated the No. 1 most honest and ethical profession in the United States. But this moment in the media spotlight highlights how little most people truly understand about nursing.Despite being the largest health care profession in the U.S., with almost 4 million nurses, we are hard-pressed to find almost anyone who can articulate exactly what “nursing” is and what nurses are doing in the fight against Covid-19. How would you define nursing? (“Doctor’s assistant” is the wrong answer.)advertisement A nurse cares for a Covid-19 patient in the ICU at El Centro Regional Medical Center in El Centro, Calif. Mario Tama/Getty Imagescenter_img There may be a more insidious reason most people haven’t heard of nursing science and scientists: Those working in this field are mostly women. The National Institute of Health estimates that 92% of students in research-focused nursing doctoral programs are women. That reflects the gender makeup of the nursing profession, 91% of U.S. nurses are women, but not the percentage of women scientists in the U.S., at 35%.Gender bias in science is well-documented. Women scientists receive fewer research grants, fewer scientific publications, lower pay, hold fewer academic leadership roles, and are less likely to have their science covered in the media. Because nurse scientists are predominantly women, gender bias may affect the uptake of nursing research findings in a more negative way than it affects other fields. Other reasons why few people know about nursing science include the discipline’s youth (the first Ph.D.s in nursing were granted in the 1970s) and the small size of its scientific workforce size. The public’s feminized perception of nursing as a kind-hearted rather than smart-minded profession also undoubtedly plays a role.Nurse scientists are responding in full force to the coronavirus pandemic along with epidemiologists, virologists, experts in infectious diseases and critical care, and others. They are studying the impact of Covid-19 on caregivers and family members; the stress and emotional well-being related to social distancing; and how Covid-19 affects pregnant women, children, people who are homeless, and those with cancer; to name just a few projects. They are also studying how to support, protect, and sustain our limited health care resources in the pandemic, especially nursing resources. An ICU bed for a Covid-19 patient is nothing but a bed unless it comes with a highly skilled critical care nurse to provide intensive care.Nursing science is a bit like an iceberg: much of it unseen. As Covid-19 highlights the irreplaceable work that nurses do in direct patient care, it is an opportunity to consider the science underlying nurses’ work and what this unseen science offers our healthcare systems and communities. Nursing science can offer patient-centered interventions and whole-person care that go beyond disease treatment alone. This type of holistic care matters for achieving positive patient experiences, but also favorable health outcomes. People are finding themselves more isolated, afraid, and grieving in the Covid-19 era. As the pandemic intensifies, treating the human side of this disease with the foundation of nursing science may be the thing we need most.Kristen Choi is a psychiatric nurse and assistant professor at the UCLA School of Nursing. Anna Dermenchyan is a director in the Department of Medicine Quality at UCLA Health and a doctoral student at the UCLA School of Nursing. Kristen Choi By Kristen Choi and Anna Dermenchyan July 30, 2020 Reprints Unclear definitions of the profession heighten the lack of public understanding of nursing. One nursing organization says it is “the glue that holds a patient’s health care journey together … an art and a science; a heart and a mind.” We have no idea what that means, and we’re nurses ourselves. Like medicine, nursing is a scientific discipline, and it’s time people see nurses as more than just angels or heroes. Nurses are not kind and heroic simply because they are good people, but because nursing science tells us that building relationships with patients and treating the whole-person response to disease is therapeutic for their health.advertisement @kristenrchoi [email protected] First OpinionThe nursing science behind nurses as coronavirus hospital heroes Tags Coronavirusnursinglast_img read more

Property Watch: Five homes for sale around Laois for more than €425,000

first_img14 Carrick Hill, Portlaoise14 Carrick Hill is located on the Dublin road and is a very sought after development not only for its fine mature landscaping but the low density.This home has a south facing garden and has a large green area to the rear of the house so it is not overlooked in anyway.The large entrance hall leads to 2 reception rooms as well as the large kitchen. The owners have built a sunroom off the kitchen. There is also a utility and WC at this level.Upstairs there is a large double bedroom with full ensuite and sliderobes. There are two further double bedrooms both with built in wardrobes and one further bedroom located to the front of the house.Guide Price: €450,000SEE ALSO – Property Watch: Five homes in Laois currently for sale for around €400,000 Property Watch: Five homes for sale around Laois for more than €425,000 Council TAGSproperty watch Pinterest Facebook Pinterest An asking price of over €425,000 on a house is way above the average in Laois but there is still a market out there for properties of that value.In this week’s Property Watch we take a look at five properties around the county priced between €425,000 and €500,000.Three of the homes are in Portlaoise with one each in Timahoe and Ballyroan.In all cases you can click through to read the full profile on Daft.ie.28 Carrick Hill, PortlaoiseCBPM Real Estate bring to the market this detached, 5 bed family home, situated in Carrick Hill, Dublin Road, Portlaoise.The property comprises of entrance hall, large sitting room with open fire, kitchen includes a woodburning stove, leading into a large sunroom with recess lights and skylights.This leads out to a large maintained back garden with garden shed, equipped with electricity. Ground floor there is another sitting room, that can be used as a bedroom, study or play room along with a downstairs toilet.A large storage area is located under the stairs. First floor comprises of main bedroom, with walk in wardrobe and ensuite. Main bathroom and 3 Bedrooms all with walk in wardrobes.Guide Price: €425,000 Twitter By LaoisToday Reporter – 18th April 2021 Twitter Home Property Property Watch: Five homes for sale around Laois for more than €425,000 Property Electric Picnic apply to Laois County Council for new date for this year’s festival Electric Picnic WhatsApp WhatsApp RELATED ARTICLESMORE FROM AUTHOR Garryglass, TimahoeThis property in Timahoe is “a dream home ticking all the boxes” according to auctioneers Sherry Fitzgerald Hyland Keating.“Home Office, Pool room & Bar, Cinema, 4 bedrooms, 2 reception areas and pantry. If you are not satisfied with that there is a garage outside, dog run, patio area and large garden ready for a keen gardener.”As you enter the house you are met with a beautiful bright double height space. From here you can go through to the kitchen living area. The dining area has large glazed setting overlooking the garden. There is another living room to the front with open fire.Down the hallway are 4 double bedrooms and family bathroom. Upstairs the owners have made the space an ideal entertaining space. There is a large pool room and bar area. Off this is a cinema room. There is also a home office space with fibre broadband.Guide Price: €465,000 Mary Sweeney elected Cathaoirleach of Portlaoise Municipal District for next 12 months Facebook Electric Picnic organisers release statement following confirmation of new festival date Electric Picnic Cashel Farm, BallyroanCashel Farm is a residential holding on 36 aAcres of quality grassland in Ballyroan Village just 10 minutes from Portlaoise, Abbeyleix and the M7.The house is a 4-bedroom residence in need of total modernisation. The residence is set on 0.43 Acres and includes a car garage.The land extends to 36.8 Acres of quality grassland enjoying an elevated setting with panoramic views over the surrounding countryside.The farmyard with its own separate road frontage and entrance incorporates a large concreted yard with a three span hayshed, silage pit and various outhouses. The land is in one parcel and is in three distinct fields.Guide Price: €500,000 Caminha, Stradbally Road, PortlaoiseA 5-bedroom house in excellent condition within strolling distance of Portlaoise town and all its amenities.Through the front door is a classic hallway with black and white tiles. To the right is a large split level lounge area. The upper level is the ideal reading area with open fire.Down a few steps is a great TV area. To the left is a snug area and through to the kitchen. A modern kitchen with a range of fitted units and Neff appliances.There is a great island work space. The dining area is large enough to entertain the masses. Off this is a conservatory. Also at this level are utility, 2 x wc.s and a home gym or playroom. Upstairs the family bathroom has been refurbished in grey tones. There are 5 bedrooms (2 ensuite).Guide Price: €485,000 Previous articleMountmellick councillor vents anger over council refusal to provide loading bayNext article‘Never give waste for disposal to unlicensed operator’ LaoisToday Reporter last_img read more

Pastor’s Return Put Back to Friday

first_img Pastor’s Return Put Back to Friday Facebook Twitter AvatarPark In Ho, Chief Editor Analysis & Opinion Analysis & Opinion The return date of Pastor Han Sang Ryeol, the left wing minister who entered North Korea without the South Korean government’s approval on June 12th, has been postponed to August 20th.According to a report carried by Chosun Central News Agency, the Chosun Red Cross Society notified the Korean National Red Cross on August 14th that Pastor Han would be returning to South Korea via Panmunjom on August 20th at 3PM.Jang Jae Un, the head of the Chosun Red Cross Society, stated in the notification, which was addressed to Yoo Chong Ha, his counterpart at the Korea National Red Cross that, “Pastor Han Sang Ryeol, who is staying in Pyongyang, will return to South Korea at 3 PM on August 20th.”The notification added, “We hope the South Korean National Red Cross will inform the responsible organizations and take the necessary measures.” The specific reason for the delay was not given; however, it was probably a political decision. Since South Korean public opinion on Han’s illegal trip to North Korea has not been as positive as might have been anticipated, North Korea may well have felt it would be better for Han to participate in the North’s own August 15th, Liberation Day ceremony and accrue what benefits it could.Since the beginning, Pastor Han and North Korea had been saying that Han would be returning on August 15th, a day which, since it represents the anniversary of liberation from Japanese rule, is pregnant with meaning. The thinking was that North Korea would use the probable arrest and imprisonment of Han by the South Korean authorities upon his return to call for the abolition of South Korea’s anti-communist National Security Law, while also hoping to inflate the legitimacy of the anti-United States unification movement.However, since even the leftwing camp in South Korea has failed to generate active support for Han’s illegal trip, North Korea and Han may have been concerned that they would face the largely unopposed ire of South Korean conservative organizations; the South Korean conservative camp made clear that they would assemble near Panmunjom to protest the return of Minister Han.Therefore, North Korea probably judged that, instead of Minister Han’s return representing little more than “marketing noise”, it would be better if he extended his stay and actively participated in their own August 15th event.For Han to participate in North Korea’s August 15th event and actively support North Korea’s position on key issues like the Cheonan incident would be somewhat beneficial for its overseas propaganda effect and internal solidarity, of course.Han is set to be arrested on his return for travelling to North Korea without permission, and also for making a public statement on June 22nd in Pyongyang in which he asserted that the South Korean government bore responsibility for the Cheonan incident. The South Korean government considers his visit to North Korea a violation of the Inter-Korea Exchange and Cooperation Act, and a case of praising the North’s system, which is also illegal under South Korean law. Analysis & Opinion RELATED ARTICLESMORE FROM AUTHORcenter_img Analysis & Opinion SHARE Tracking the “unidentified yellow substance” being dried out near the Yongbyon Nuclear Center Is Nuclear Peace with North Korea Possible? By Park In Ho, Chief Editor – 2010.08.16 4:29pm Pence Cartoon: “KOR-US Karaoke”last_img read more

IIROC calls for crypto experts

first_img Facebook LinkedIn Twitter James Langton As regulators continue to grapple with the emergence of crypto asset trading, the Investment Industry Regulatory Organization of Canada (IIROC) is seeking new members for its crypto consultation group.IIROC issued a call for volunteers to participate in its Crypto-Asset Working Group (CWG), which provides advice to the self-regulatory organization on any proposed rules and guidance dealing with the regulation of crypto assets. Bitcoin in the hands of a child. The boy holds a metal coin of crypto currency in his hands. 123RF Related news In a notice, IIROC said that the group will review regulatory proposals and make recommendations to the SRO to ensure that any regulatory initiatives properly deal with the market integrity and investor protection concerns in the crypto space, while also remaining practical and cost effective.“As we work with the Canadian Securities Administrators in developing a regulatory framework for crypto-asset trading platforms, this working group will assist IIROC with advice on proposed IIROC rules, guidance and other policy matters,” IIROC said.In particular, the SRO is looking for a participant with experience trading crypto, a representative for crypto investors and an expert in legal/compliance issues in the crypto realm.IIROC is also seeking an independent member that isn’t affiliated with a dealer, but has crypto expertise.The deadline for applications is Jan. 15, 2021. Bitcoin should face tough capital rules, Basel Committee says Keywords Cryptoassets,  RegulationCompanies Canadian Securities Administrators, Investment Industry Regulatory Organization of Canada Regulators issue new reporting guidance on systems outages Regulators must avert looming irrelevance: IAP Share this article and your comments with peers on social medialast_img read more

Campaign to Rid Streets of Illegal Bleaching Products Begins Next Month

first_imgRelatedCampaign to Rid Streets of Illegal Bleaching Products Begins Next Month FacebookTwitterWhatsAppEmail A five-month campaign to rid the streets of illegal bleaching products and to increase awareness about the dangers of using these items will begin next month.To be undertaken by the Standards and Regulation Division in the Ministry of Health in collaboration with the Jamaica Library Service, the campaign, dubbed ‘Don’t Kill the Skin,’ is part of observances for Black History Month.Minister of Health, Horace Dalley, in a speech read by Legal Officer in the Ministry, Lilyclaire Bellamy, at today’s (Jan. 18) ‘Bleachers Beware’ lecture at the Tom Redcam Library in Kingston, noted that if left unaddressed, skin bleaching may amount to a health crisis.“Skin bleaching has become a fast and risky way for young men and women to become beautiful. Many dermatologists are already reporting that some patients seek help far too late to reverse the damage already done to the skin. The Standards and Regulation Division intends to increase its inspection on businesses and individuals vendors to confiscate illegal pharmaceutical items,” Mr. Dalley said.Most bleaching creams, he noted, contained hydroquinone, a chemical that was available only by prescription in Europe and was closely regulated in the United States. He said that prolonged use of creams containing this chemical, not only stopped the production of melanin, which gave the skin its dark pigment and provided protection and against sun damage, but also increased the likelihood of skin cancers.“Already, skin cancer is ranked among the major causes of death in Jamaica and the rest of the region, and costs billions of dollars to treat annually,” he stated.He further urged persons engaged in the practice of bleaching the skin to desist, noting that the skin was the largest organ of the body and as such it is important that persons protected their skin from harmful chemicals.Meanwhile, Dr. Clive Anderson, Consultant Dermatologist and Venereologist at Nuttal Medical Centre, said that while there were certain skin conditions that required the dermatologist to use skin-lightening products, many people often abused these products.He noted that sometimes, persons used these creams on the entire body including the genital areas, which overtime, may result in skin cancer, thinning of the skin, irreversible stretch marks, easy bruising and tearing of the skin, rashes, enlarged blood vessels, susceptibility to infection, delayed wound healing, hyper pigmentation, acne and hormonal disturbances.Dr. Anderson pointed out that many persons not only used illegal bleaching products to achieve a lighter skin tone, but many also resort to the use of toothpaste, curry powder, bleach and skimmed milk as well as cornmeal.“If is very worrying because a lot of persons know that they are doing severe damage to the skin and persist in it. Some of this damage is reversible; a lot of it is not reversible. We need to realize that when we use these products, we are doing our skin immeasurable harm. There is no advantage to lightning our skin colour and at the same time damaging our skin. Beautiful skin really is healthy skin, whatever the colour,” he stated.Under the Food and Drug Act, persons found guilty of selling and distributing skin-lightening products that are not approved by the Ministry of Health, can be fined $50,000 per offence or be imprisoned. Campaign to Rid Streets of Illegal Bleaching Products Begins Next Month UncategorizedJanuary 18, 2007 RelatedCampaign to Rid Streets of Illegal Bleaching Products Begins Next Monthcenter_img RelatedCampaign to Rid Streets of Illegal Bleaching Products Begins Next Month Advertisementslast_img read more

There is Still Need for Improvement – Lara

first_imgRelatedThere is Still Need for Improvement – Lara There is Still Need for Improvement – Lara UncategorizedMarch 26, 2007 FacebookTwitterWhatsAppEmail Captain of the West Indies cricket team, Brian Lara has said that although his team performed creditably during the group stage of the ICC Cricket World Cup, there is still need for improvement as they prepare for the Super Eight segment.“I am confident with the guys in the field, but we need to improve in our batting,” Mr. Lara said, while speaking to journalists at a post match press conference on March 23.“It is now time for us to be more convincing. We need to take hold of the situation as we move into the second round,” he added.Super Eight matches will begin on Tuesday, March 27 and will see the West Indies playing against defending champions Australia, at the recently constructed Sir Vivian Richards Cricket Ground in Antigua.Commenting on his team’s chances against Australia, Lara noted that the West Indies played well against Australia in the recent past and he is expecting that they would repeat the performance.“We will be focusing on our game, our strengths and how we can limit our weaknesses to ensure that we will continue to advance throughout the tournament,” he noted.Mr. Lara also said that his team was up for the challenge of playing on the new cricket ground in Antigua. “At the end of the day, we are in our sphere of the world and while it might be new, I think we are the ones who are going to adapt to it very quickly,” he explained.He said that the selectors would be meeting to ensure that they pick the right team. “We will play the combination that we think will perform best against Australia,” he said.The West Indies defeated Ireland in their final Group D match on March 23, advancing to the second round at the top of their group.Bowling first, after Ireland had won the toss and decided to bat, the West Indies restricted the Irish to 183 for eight off 48 overs after rain had reduced the number of overs.West Indies then reached their revised target of 190 runs for two wickets with 59 balls to spare. Opener and former captain, Shivnarine Chanderpaul, who hit an unbeaten 102 runs off 111 balls was adjudged Man of the Match.Meanwhile, stand-in captain of Ireland, Kyle McCallan, attributed his team’s defeat to a poor batting performance. “We were a little bit disappointed with how we batted in the middle overs and we were a few runs short of what we were looking for,” he said, adding that he did not consider losing to the West Indies a disgrace.He said that Ireland was eagerly looking forward to the Super Eight matches. “You can only get better by playing better opposition, so we’re going to work very hard at our own game and let’s hope we can spring a surprise or two in the next couple of weeks,” he noted.Ireland also advanced to the Super Eight after a tie against Zimbabwe and a victory over Pakistan and will play South Africa on April 3 at the Guyana National Stadium. RelatedThere is Still Need for Improvement – Laracenter_img Advertisements RelatedThere is Still Need for Improvement – Laralast_img read more

Shipping Industry Commended for Commitment to Standards

first_imgRelatedShipping Industry Commended for Commitment to Standards RelatedShipping Industry Commended for Commitment to Standards Shipping Industry Commended for Commitment to Standards UncategorizedSeptember 26, 2007 Advertisementscenter_img RelatedShipping Industry Commended for Commitment to Standards FacebookTwitterWhatsAppEmail Minister of Transport and Works, Michael Henry has commended Jamaica’s shipping industry for its commitment to international maritime standards, and protection of the marine environment.Speaking at the official launch of the Maritime Awareness Week exhibition on September 25, at the Tom Redcam Library in Kingston, Mr. Henry told the gathering of seamen, environmentalists, students and other industry stakeholders, that as a member of the International Maritime Organisation (IMO), Jamaica’s maritime sector has shown its commitment to the highest international standards in shipping, by its ratification of the major IMO convention relating to safety, competence and importantly, marine environment protection.“The Maritime Authority of Jamaica represents Jamaica at major meetings and plays a key leadership role in the development and promulgation of legislation for protection of the marine environment,” he noted, adding that the issue had far-reaching implications for the economic development of the country.“In that context, I commend the maritime sector for undertaking an exhibition to highlight the importance of protecting the marine environment and the role being played by the various local entities in the quest to preserve our marine space,” he added.The Minister stressed that the public should be made aware of the strides being made by the shipping industry in promulgating its pollution prevention responses.One such recent response, he noted, was the commissioning of a feasibility study to establish a port reception facility for ship generated waste. “Funding is to be identified for an initial high capital cost. Legislation is about to be prepared to embrace all of the international maritime pollution prevention response and co-operation conventions, and importantly for Jamaica, compensation and liability insurance,” he disclosed.Mr. Henry also informed that Jamaica has been asked by the IMO to become its lead Caribbean partner in the development of an institutional and legal framework for implementing the ballast water Convention.Ballast water is taken into the ship’s cargo holds, in order to maintain its stability at sea, and then discharged at the next port before fresh new cargo is loaded. This water, Mr. Henry pointed out, sometimes create a threat to marine life. “Oftentimes the discharged ballast contains species that are alien to the new environment, and which can wreak havoc on many of the indigenous species,” he informed.He added that the government’s marine agencies: the Maritime Authority, Shipping Association of Jamaica, and the Caribbean Maritime Institute, would be paying close attention to Jamaica’s obligations under international domestic law, “.so that we can educate and sensitize the nation to the perils of marine pollution, and in so doing, educate government about the pollution we continue to discharge in terms of the water around us and internally.”“We hope that everyone present today will spread the good word about this exhibition, and more importantly, consider how each and every one of us can help to protect Jamaica’s fragile marine environment,” he urged.last_img read more