Swift Economic Recovery in Sight

first_imgThe World Bank Group (WBG) has outlined several development initiatives that would assist Liberia in its post-Ebola recovery exercise. Through its President Jim Yong Kim, the WBG named five strategic areas that the bank is to prioritize in order to get the Liberian economy back on track.The World Bank has also pledged to help government manage the consequences of the Ebola epidemic on the public accounts. The bank, according to its president, is working closely with the International Monetary Fund (IMF) and the African Development Bank (AfDB) in preparing several tranches of budget support to the government.The WBG President, who was on a one day visit to Liberia, said he and President Ellen Johnson Sirleaf and other government officials, during a closed-door meeting, discussed the importance of finishing the job on Ebola and beginning the work on economic recovery.He made the disclosure at a press stakeout with President Sirleaf in the foyer of the Foreign Ministry on Tuesday. Dr. Kim was heading a high level World Bank delegation to the country. He noted that the WBG is committed to help Liberian authorities in the coming 18 months in key areas that would help reawaken the economy as quickly as possible.With the Ebola outbreak at a stabilized stage, next up in the hearts and minds of many is the status of the already fragile Liberian economy, which has plummeted further as a result of the epidemic, thus the imminent intervention of the WBG is indeed a highly welcome move.This means that the worries of some government officials, especially President Sirleaf and Finance and Development Planning Minister, Amara Konneh, are at the verge of being alleviated to some extent.It is recalled that Minister of Finance and Development Planning, Konneh, recently said that in the face of the ongoing Ebola crisis, the Liberian economy is being dealt a huge blows, receding by over 6 percent in less than six months.He said the gross domestic product (GDP) was projected to have grown by 5.9 percent in the first quarter of 2014, but it is now revised downward to 0.4 percent due to the health crisis in the country. In 2013, projected GDP growth was 8.0 percent, but it was later revised downward to 5.9 percent prior to the Ebola outbreak.GDP growth was further projected downward to 2.5 percent after the Ebola outbreak and has now shrunk into negative growth.With the increasing threats the Ebola outbreak poses to the economy, the Liberian Government also revised its draft fiscal budget downward reducing revenue projections from over US$540 million to about US$470 million. This is happening in the face of increasing government spending.Dr. Kim speaking at the press stakeout said the WBG, which has already provided US$200 million dollars to Liberia for the Ebola crisis, is in collaboration with some financial institutions preparing several tranches of budget support to the government. This will help alleviate some of government’s worries and fears.He said the bank will continue to support the government’s ambitious plan to get to zero cases as soon as possible. This involves making sure that every community is protected from the virus and that all Liberians have access to the health care they deserve.“But we don’t need to wait to get to zero to start working on the economic recovery, so our second area of support is agriculture. Agriculture is a key pillar of the Liberian economy and we are concerned that agricultural production has dropped as a result of the epidemic,”“We will help Liberian farmer recover from this crisis. We must make sure that the Ebola outbreak is not followed by a food security crisis,” he said.The bank is also poised to help improve selected infrastructure that are critical for economic competitiveness, such as urban infrastructure, access to electricity, and the construction of roads and bridges that connect farmers to markets.He congratulated the government for its leadership in handling the emergency response to Ebola, further encouraging President Sirleaf to continue working with neighbors to strengthen the regional response and promote greater regional integration.President Sirleaf welcomed Dr. Kim and his delegation to Liberia and said that the Bank has been a long standing partner to Liberia beginning in the 1960s and has supported much of the country’s development efforts.“In most recent years, we have had from you and your team the kind of support that has enabled us to make a lot of progress on our vision 2030 and our Agenda for Transformation.The Bank’s support cut across many sectors including energy, roads, agriculture, health, education, in all of which the Liberian leader said the country has made much progress as a result of the Bank’s support and that of other partners.She said Dr. Kim has been exceptional in his support to Liberia since the outbreak of the virus by bringing his personal knowledge of the health sector and organizing some of his colleagues in the sector, who in turn have become partners to the government.He has also provided support that have enabled Liberians to combat the disease and “I dare say the progress we have made come from that very support, including budgetary support.“As we continue to work with you, moving along our plans of being able to treat the disease, moving on to making sure that our communities take responsibilities to ensure that we move up to zero and at some point in time being very conscious that we remain resilient as a people,” said President Sirleaf.Share this:Click to share on Twitter (Opens in new window)Click to share on Facebook (Opens in new window)last_img read more

Standard Bank rated best in Africa

first_img5 December 2011South Africa’s Standard Bank Group has been named 2011 Bank of the Year in Africa and Best Bank in four African countries by The Banker, a leading journal of the global banking industry.In addition to Bank of the Year in Africa, The Banker named Standard Bank as Bank of the Year in Botswana, Lesotho, Malawi and Zimbabwe.The Banker recognised Standard Bank Group for its ability to gain strategic advantage, adapt to variable market conditions, secure important deals and succeed in an increasingly competitive landscape.“Standard Bank has a deep and long-standing commitment to developing business in Africa,” Standard Bank Group deputy CEO Ben Kruger said in a statement last week. “We are delighted with this recognition of our ability to connect Africa and the world.”Kruger believes the awards reflect the group’s continued growth across the continent and its substantial investment in the development of local presence and infrastructure.“When we say that Africa is at our core, we have tangible evidence of this in the way Standard Bank has extended and deepened its presence in key African markets,” said Kruger.Taking advantage of growth opportunitiesKruger pointed to major milestones recently passed by the Standard Bank Group: in October 2011, the bank celebrated the opening of its 500th branch in Africa (outside of South Africa) in the Nigerian town of Ajao Estate.In addition, Standard Bank has reached 2.5-million signed-up customers and 3-million active accounts from its operations in 17 countries around the continent excluding South Africa.“We are delighted to receive this recognition as Bank of the Year in Africa particularly because our operations on the continent are so important in maintaining the competitive advantage we are building,” Kruger said.“For those serious about taking advantage of the growth opportunities in Africa, there can be no substitute for on-the-ground presence in the key markets.“This experience has provided lessons that continue to help us understand how best to continue growing in Africa.”SAinfo reporterWould you like to use this article in your publication or on your website? See: Using SAinfo materiallast_img read more

Humphrey’s Archipelago GC1ZPE8 GEOCACHE OF THE WEEK – January 9, 2012

first_img SharePrint RelatedThe British Library — Geocache of the WeekJune 28, 2017In “Community”Down, down, down into the underground – Below Above, The Fallen Monarch (GC2GAMT) – Geocache of the WeekApril 3, 2013In “Community”Slapjais Kakis/Wet Cat — Geocache of the WeekSeptember 24, 2019In “Community” Lighthouse near Douglas on the Isle of ManSome geocaches take just seconds to find, others require days to unravel. Humphrey’s Archipelago (GC1ZPE8) is a Multi-Cache that can challenge geocachers for days. It’s a puzzle that has left geocachers saying, “an excellent geocache,” “very imaginative,” and “brilliant.”The difficulty 2.5, terrain 2 geocache weaves the story of a fictitious Victorian explorer named Sir Humphrey Humphrey.The cache requires following Sir Humphrey Humphrey’s whimsical story. Geocachers discover a faded map near a lighthouse on the Isle of Man. They then use the map and clues from an additional image on the cache page to answer the question, “Where did Sir Humphrey stay on his first night in the archipelago?”Happy Humphrey created the creative geocache in 2009. The Woodsider IOM now owns and maintains the geocache.Part of the adventure is catching glimpses of wildlife as you search for the location of the geocache. Happy Humphrey writes, ‘Look out to sea on the way; whales, dolphins, seals and basking sharks are often seen here (there was a Minke whale in sight when I first researched the cache.)”Geocachers who logged a smiley on the cache write, “Brilliant cache just loved the first clue – never seen anything like it it before.”Clue from cache pageContinue to explore of some of the most engaging geocaches around the globe. Explore all the Geocaches of the Week on the Latitude 47 blog or view the Bookmark List on Geocaching.com. If you’ d like to nominate a Geocache of the Week, send an email with your name, comments, the name of the geocache, and the GC code to pr@groundspeak.com.Share with your Friends:Morelast_img read more

‘Glitches are a part of big events’

first_imgArrival of athletes from competing countries may have been disrupted amid concerns about security and organisational problems, but Indian triple jumper Renjith Maheshwary feels glitches are a part and parcel of multi- discipline events like Commonwealth Games, Asian Games and Olympics. Having represented India at the 2006 Asian Games and the 2008 Beijing Olympics, Maheshwary believes no major sporting event can be 100 per cent organised and according to plan.”I do agree that we shouldn’t have waited till the eleventh hour to complete the preparations, but minor hiccups are synonymous with mega sporting events.Although media reported the dilemma among competing countries regarding the safety and preparedness of our country, I was always confident that the Games would take place,” he told Mail Today .”The whole process of preparing the city for the mega event might have been slow, but trust me, the facilities are of international standards and the Games will be completed successfully.”Maheshwary said the athletes in the national camp in Patiala are focussed on the target. “We were never under the delusion that the Games would be cancelled. So we sweated it out at the camp.Being a part of the host country, we have to ensure that we put up a commendable performance. As a result, we concentrated on making use of the training facilities at Patiala rather than losing focus and concentrating on the turmoil in Delhi,” he said.”Also, the fact that we had a feel of the Jawaharlal Nehru Stadium – which is world- class to say the least – during the Asian All- Star Athletics Meet in July, further strengthened our belief that the Games would take place.” Many feel that the facilities at the National Institute of Sports ( NIS) are the best in the country.advertisementMaheshwary also feels that as sportspersons from different disciplines got to spend quality time together augurs well for India.”The authorities also ensured that we got to train according to our competition timings and never complained. For example, I have my event in the evening at the Games, so I used to train once in the morning and once at 7 pm in the evening. Although the tracks are generally closed at that time, they used to happily accommodate me,” he said.”But above everything else, the fact that we got to spend quality time with athletes from different disciplines like boxing, wrestling and women’s hockey team, among others, also proved to be fruitful. We got to know each other really well.” Maheshwary said interacting with the likes of boxer Vijender Kumar inspired him.”I personally interacted with Vijender and he shared his experience of competing at the various ‘A’ class competitions like the Beijing Olympics and World Championships last year.Just hearing those episodes was inspirational.” Maheshwary last represented India in the VTB Bank Continental Cup in Split, Croatia, as part of preparations. Although he finished seventh, he isn’t disheartened.”My major intention behind participating in this event was to compete with the likes of Britain’s Phillips Idowu and not (necessarily) to win the gold,” he stressed.”Although he is not participating in the Games, initially I had considered him to be my toughest competitor.But Idowu’s withdrawal doesn’t mean that it will be an easy walk in the park for me. I expect tough competition from the African and remaining British jumpers.” Maheshwary is aiming for the gold. “I hope to win nothing but the gold medal,” he said.Although people feel that the pullout of the foreign athletes has come as a dampener, he feels they have lost an opportunity to get a taste of the Indian culture.”Even though it is their personal decision to pull out, it won’t affect the credibility of the Games. Every mega event has a few stars pulling out if not for security reasons then due to injury. So this isn’t something new,” he felt.”I think they missed out on an opportunity to come and get a feel of our culture, warmth and hospitality.”last_img read more

9 months agoReal Madrid goalkeeper Casilla on his way to Leeds

first_imgAbout the authorCarlos VolcanoShare the loveHave your say Real Madrid goalkeeper Casilla on his way to Leedsby Carlos Volcano9 months agoSend to a friendShare the loveReal Madrid goalkeeper Kiko Casilla is on his way to Leeds United.Marca says Casilla is set to join Leeds and has already travelled to England, being photographed at Madrid’s Barajas Airport.This means that Luca Zidane will become the third-choice for Santiago Solari.There had been talk about recalling Andriy Lunin from his loan at Leganes, but he is now set to stay there for the remainder of the campaign. last_img read more

Video: Urban Meyer Tells David Letterman About The Tattoo He’s Getting

first_imgurban meyer is now a spokesman for bob evansA ring isn’t the only thing Urban Meyer will be getting as a result of Ohio State’s national championship. The Buckeyes’ coach will also be getting a tattoo. Prior to his team’s game against Oregon in the inaugural College Football Playoff National Championship Game, Meyer promised his players he would get inked up if they beat the Ducks. They did, 42-20, so the 50-year-old will be visiting a tattoo parlor at some point in the near future. Friday evening, Meyer made an appearance on the Late Show With David Letterman. He talked about the tattoo he’ll be getting at about the 1:05 mark. While a Block O on top of his head seems like an interesting idea, odds are Meyer will probably opt to get something on his chest or back like Rick Pitino.last_img read more

Orange Is the New Blacks Poussey immortalized on Toronto wall

first_imgAdvertisement Twitter Spoiler alert: This story contains spoilers for Season 4 of Orange Is the New Black.Actress Samira Wiley has moved on from Orange Is the New Black — she now has a role in must-see series The Handmaid’s Tale, which began Sunday on Bravo — but her OITNB character, Poussey Washington, is the face of a promotional campaign for the new season.Murals went up in eight cities around the world last week with depictions of Poussey, the words “Stand Up” and the hashtag #OITNB. Facebook Advertisement LEAVE A REPLY Cancel replyLog in to leave a comment Advertisement Login/Register With: Netflix, which airs the prison drama, has described the murals as both a tease for the fifth season, which begins June 9, and a tribute to Poussey, who died at the end of Season 4 when she was accidentally suffocated by a guard.last_img read more

Game Changer Seth Jones Snagged by Nashville as 4th

American defender Seth Jones was a top candidate to be the No. 1 overall pick in the 2013 NHL draft several weeks ago. His position was seemingly advanced when the defense-needy Colorado Avalanche won the draft lottery. But Jones fell to No. 4 and the teams that passed on him will see the error of their ways in time to come.One person who was happy about Jones’ early misfortune was Nashville Predators general manager David Poile.Jones was rated as the best defender in the draft. In addition, he was arguably the best overall player, so the Predators had a major steal on their hands when they snagged him with the fourth pick. read more

Football Ohio State gets win still needs to prove itself

Ohio State redshirt sophomore quarterback Dwayne Haskins (7) yells out a play in the third quarter of the game against Penn State on Sept. 29. Ohio State won 27-26. Credit: Casey Cascaldo | Photo EditorWhen No. 4 Ohio State went down to Arlington, Texas and beat a then-No. 15 TCU team without head coach Urban Meyer on the sidelines, it looked like the Buckeyes may have passed their first difficult game of the season.But No. 9 Penn State loomed two weeks away, a team that has played Ohio State tougher than anybody in the last two seasons. This was a true road game after AT&T Stadium, a supposed neutral site game, ended up being majorly filled with Ohio State fans.Offensive coordinator and quarterbacks coach Ryan Day said the Penn State matchup is one Ohio State has been waiting for.“This has been circled on our schedule for a long time,” Day said. “We knew it was going to be hard, white out conditions, night game … winning on the road in the Big Ten is hard.”The 40-28 win over the Horned Frogs hoped to prove Ohio State can play with some big talent, but Saturday’s victory in Happy Valley was supposed to establish the Buckeyes as a top team in the country.Instead, even with a 27-26 win on the road against a top-10 opponent, Ohio State looked anything but dominant.Ohio State’s offense, which has been ran mostly through redshirt sophomore quarterback Dwayne Haskins, failed to get any momentum going in various sequences of the game, ending the day with his lowest quarterback rating of the season.“It was a learning game for the whole offense and for Dwayne,” Day said. “I think as the game went on he got more comfortable.”On the other side of the ball, Penn State redshirt senior quarterback Trace McSorley made his presence known early and often, tallying 274 yards of total offense by halftime.With the combination of his stagnating offense and a defense having to defend a dual-threat quarterback, Ohio State head coach Urban Meyer agreed  the play of his team in the first two quarters was sub-par.“The first half was awful, you know, in a lot of ways,” Meyer said. “That’s a hell of a team we just played.”The Buckeyes came out of the second half with an improved gameplan, and it immediately paid off with a touchdown from redshirt sophomore running back J.K. Dobbins, his second of the game, putting Ohio State up 14-13.On the opening touchdown drive in the third quarter Haskins ran short pass plays, and the run game was implemented at the right time.Ohio State looked to be turning a corner, but the Nittany Lions continued to push, opening up a 26-14 lead with eight minutes remaining in the fourth quarter, led largely by their redshirt senior quarterback.The game looked over, the Buckeyes looked defeated, but one immaculate play by junior wide receiver Binjimen Victor turned the tide.Victor caught a high ball from Haskins, broke two tackles, then perfectly followed three blocks while he made his way to the endzone for a 47-yard score.Even then, Ohio State needed to complete a 96-yard drive to go ahead of the Nittany Lions, and they did that too.Following a flurry of screen passes and quick runs, the Buckeyes inched their way across the field, taking the lead on a 24-yard screen by redshirt junior wide receiver K.J. Hill from Haskins.Even with the lead, Ohio State seemed anything but secure.McSorley was given more than two minutes to go down the field and get into field goal range. This was the player who has never lost a start at home, a guy who torched the Buckeyes defense from start to finish in a game that put him in the record books for the most all-purpose yards in program history with 461.McSorley was given his opportunity, and he was one fourth down conversion away from completing it. But Ohio State held on. Even with nearly 100 yards less in total offense, even with a lackluster showing for the majority of the game, Ohio State held on.Day said it was all about believing.“The stakes are so high, that sometimes, you can let your emotions take over,” Day said. “Our kids didn’t do that, they hung in there, they believed and they made plays and they won the game.”Now, No. 4 Ohio State has that statement victory, that major win that could hold prove to be big when the committee begins rankings for the College Football Playoff.But the Buckeyes are far from an unstoppable force, and the victory only masks the various errors made on both sides of the ball.Ohio State needs to fix how it handles read options, McSorley broke the rushing record by a Penn State quarterback with 175 yards. Ohio State needs to fix its ability to contain big plays, this is the second time in three weeks a team has broken a 93-yard play for a touchdown, the first two times this has ever happened in program history.Ohio State needs to fix many things, and a win in Happy Valley doesn’t change that. read more

Miss Jamaica Miss Universe Buzz Malique going to Miss Teen Universe

first_img Related Items:kaci fennel, malique ferette, miss jamaica, Miss teen tci, miss universe Results in for 2nd Miss Teen TCI; called a close contest Facebook Twitter Google+LinkedInPinterestWhatsApp Recommended for you Busy holiday weekend Facebook Twitter Google+LinkedInPinterestWhatsAppProvidenciales, 27 Jan 2015 – Kaci Fennell is Miss Jamaica and she is fast becoming a household name with the outcry her so called ‘snub’ is creating in social media. E! News and others are reporting on the tweets coming since Sunday night’s Miss Universe pageant where Fennell was called as fourth runner up in the contest. The comments focus largely on her unique look and daring to sport a cropped hair-do over the flowing curly hair which is often typical of Miss Universe contestants. The ‘fakiness’ of many of the beauty ambassadors is catching spotlight… from reports on cosmetic surgery, to extreme hair extensions, to super white teeth… the world is buzzing about what is or is not right for a pageant which should reward natural beauty. One comment highlighted by E! News said at the pageant owned by mogul, Donald Trump is not giving Caribbean girls a fair chance. Meanwhile, the TCI braces for another pageant slated for early February. Malique Ferette, the first Miss Teen Turks and Caicos will leave this weekend for Guatemala and the global pageant there. In this pageant, voting for the Turks and Caicos contestant could actually get her into the finals. See the official Miss Teen TCI facebook page for instructions on how to support Malique through your online voting. Meet Miss Teen TCI contestantslast_img read more