Story Highlights Mr. Wynter said the reduced rate of inflation was due mainly to the sharper-than-anticipated decline in agricultural prices since January 2018, reflecting a recovery in the sector’s output. Bank of Jamaica (BOJ) Governor, Brian Wynter, says the 3.2 per cent rate of inflation recorded for April 2018, fell below the BOJ’s target range of four to six per cent. Bank of Jamaica (BOJ) Governor, Brian Wynter, says the 3.2 per cent rate of inflation recorded for April 2018, fell below the BOJ’s target range of four to six per cent.Additionally, he said it was lower than the 3.9 per cent out-turn for March 2018, and the 5.2 per cent recorded for December 2017, as reported by the Statistical Institute of Jamaica (STATIN).The Governor was speaking at the Bank’s quarterly media briefing, at the BOJ auditorium, downtown Kingston, on Monday (May 21).Mr. Wynter said the reduced rate of inflation was due mainly to the sharper-than-anticipated decline in agricultural prices since January 2018, reflecting a recovery in the sector’s output.The Governor said the lower rate also resulted from “an unusually sharp decline” in electricity costs in April.Mr. Wynter said based on these developments, the BOJ’s projection for inflation over the next fiscal year is slightly lower than the figure indicated in February.The projection then was for inflation to continue tracking around the lower half of the four to six per cent range.“The projected path now incorporates the impact of the decline in agricultural food prices that has occurred… and also the impact of the upturn of crude oil prices since July last year,” Mr. Wynter said, adding that the recent upturn in grain prices is also included.Meanwhile, the Governor said the risks to the inflation forecast are “skewed to the downside”.The major risks, he indicated, include weaker-than-anticipated domestic demand conditions, noting that adverse weather conditions may cause local agricultural crop prices to rise faster than expected; and slower-than-anticipated global economic growth.Mr. Wynter noted that the latter risk is associated with emerging geo-political tensions and protectionist policies that have surfaced over the last six months.Additionally, he said there is upside risk from higher-than-projected crude oil prices.“But our current assessment is that crude oil prices will likely fall as geopolitical uncertainties wane and the impact of excess supplies prevails on the market,” Mr. Wynter said. The Governor was speaking at the Bank’s quarterly media briefing, at the BOJ auditorium, downtown Kingston, on Monday (May 21).
zoom German shipping company Hapag-Lloyd has delivered EUR 114 million (USD 127.3 million) net profit in a challenging market environment against EUR 604 million loss posted in 2014.EBITDA amounted to EUR 831 million, also a major rebound from the previous year of EUR 99 million and the operating result of EUR 366 million against EUR -383 million.“Hapag-Lloyd has delivered what we promised. Also in comparison with our main competitors, Hapag-Lloyd has made up tremendous ground and is back among the top performers in the industry,” said Rolf Habben Jansen, CEO of Hapag-Lloyd AG.“We’ve worked hard for this success by quickly integrating CSAV’s container business and by exploiting the synergies, as well as with the OCTAVE cost-cutting and efficiency programme, which will make a total earnings contribution of in total USD 600 million from 2016. More than 70% of the expected result improvements have been realized in 2015 already. On the back of this success, we already launched OCTAVE 2 towards the end of 2015. In this programme we have again identified promising potential that should further improve our efficiency.” In 2015, Hapag-Lloyd’s transport volume rose by 25.3% year on year to 7.401 million TEU, the company said. Revenue reached EUR 8.842 billion in the past financial year, following EUR 6.808 billion in the previous year. The increases in volume and revenue were primarily attributable to the acquisition of CSAV’s container activities.According to Jansen, the company is well positioned thanks to its balanced portfolio across all trades and “strong presence in attractive niche markets such as reefer, special cargo, dangerous goods or cabotage.”As disclosed, the development of the business so far in 2016 is in line with expectations.“We believe that the ongoing consolidation and the upcoming new alliance set-up should add stability to the market, and that there will be some recovery of the market,” Jansen said.Hapag Lloyd believes that the year-on-year improvement in equity to EUR 5.046 billion (equity ratio: 45.5%) and the increased liquidity reserve of EUR 962 million serve as a solid basis for exploiting additional growth opportunities.
LETHBRIDGE, Alta. – The Crown in the triple-murder trial of a southern Alberta man told a jury they should find Derek Saretzky guilty because he confessed to police and that confession is supported by evidence.But Saretzky’s lawyer reminded them his client is innocent until proven guilty and the prosecution has to prove every aspect of the case.“It’s the Crown’s job not only to prove the accused did the crime they’re accused of but also all elements of the offences,” Patrick Edgerton told the jury.Saretzky, 24, is facing three counts of first-degree murder in the September 2015 deaths of Terry Blanchette, his two-year-old daughter Hailey Dunbar-Blanchette and 69-year-old Hanne Meketech five days earlier.Saretzky is also charged with committing an indignity to Hailey’s body. He has pleaded not guilty to all charges.Edgerton told the jury the investigation into Meketech’s death wasn’t perfect and questions remain about the night the senior was killed. He also suggested Saretzky was pushed into confessing to her death after spending a tough six months in custody, charged with the killing of the father and daughter.“I would suggest these are the words of somebody who has sort of given up,” Edgerton said.It’s up to the jury to decide whether Saretzky’s confessions to killing Blanchette and his little girl are reliable, he said.Crown prosecutor Photini Papadatou told the jury Saretzky’s confessions included details only the killer would know, such as what happened to Hailey and how Meketech died.“How can you be satisfied that this man, Derek Saretzky, killed each of these people?” Papadatou said. “One, he told you that he did it.”Papadatou urged the jury to believe what Saretzky had told police even though people sometimes confess to crimes they didn’t commit.“How do we know it’s true that he killed her after confessing to it?” Papadatou asked.“He says ‘I can take you to the body’… and that’s what he does. He takes them to the body.”During the trial, the jury watched a video where Saretzky took police to the campsite where Hailey’s body was found and re-enacted choking her to death, cannibalizing and dismembering her before throwing her remains in a firepit.“You’ve seen the video. It is chilling. You’ve heard the evidence. It is disturbing,” she said. “I am asking you to return a verdict on first-degree murder in relation to each of the victims.”Court heard Saretzky tell police he killed Meketech — a friend of his grandparents — on the spur of the moment and because he “didn’t think anybody cared about her.” The jury heard he kicked in the door of her mobile home and bludgeoned her to death before stabbing her in the throat.The Crown called it a trial run. After Meketech was killed, Papadatou said Saretzky had five days to think about what he had done before he killed Blanchette and kidnapped Hailey.“He had time to pause, to reflect,” she said. “Having thought this through, he decided to do it again.”The killings all occurred in the small close-knit region known as the Crowsnest Pass in southwestern Alberta.Saretzky knew all three victims, as well as Hailey’s mother, Cheyenne Dunbar, who he claimed to have dated. Dunbar testified that they were only friends.— Follow @BillGraveland on Twitter
As the event draws nearer, snowfall forecasts will be refined and, if necessary, snowfall warnings will be issued.Please continue to monitor alerts and forecasts issued by Environment Canada. To report severe weather, send an email to ABstorm@canada.ca or tweet reports using #ABStorm. FORT ST. JOHN, B.C. – The B.C. and Alberta Peace could see snow on Tuesday. A special weather statement has been issued by Environment Canada for the County of Grande Prairie and Wembley that says that area could see up to 10 cm of wet snow.A cool airmass will invade much of Alberta this week, bringing with it weather that is decidedly more like winter than summer. A cold front is forecast to drop southward out of the Northwest Territories on Tuesday and Wednesday, and it will bring precipitation with it. In the higher terrain of west-central Alberta, particularly between Grande Prairie and Jasper, the precipitation will likely fall as snow on Wednesday.Current indications are that somewhere between 5 and 10 cm of heavy, wet snow will fall, but some areas may receive more than 10 cm. The snow will move southward throughout the day and evening, perhaps going as far south as Banff by Thursday morning. In the B.C. Peace, the forecast is calling for up to 5 cm of snow.See the full weather statement below:Issued at 2018-09-10 10:40 UTC by Environment Canada:Special weather statement issued for:Co. of Grande Prairie near Grande Prairie and Wembley, Alta. (077113)Current details:Snowfall is set to arrive midweek in west-central Alberta.A cool airmass will invade much of Alberta this week, bringing with it weather that is decidedly more like winter than summer. A cold front is forecast to drop southward out of the Northwest Territories on Tuesday and Wednesday, and it will bring precipitation with it. In the higher terrain of west-central Alberta, particularly between Grande Prairie and Jasper, the precipitation will likely fall as snow on Wednesday. Current indications are that somewhere between 5 and 10 cm of heavy, wet snow will fall, but some areas may receive more than 10 cm. The snow will move southward throughout the day and evening, perhaps going as far south as Banff by Thursday morning.Areas to the south and east of this snowfall, like Whitecourt and Edmonton, will likely also see a few snowflakes on Wednesday or Wednesday night, but little to no accumulation is expected.
6 July 2009The well-being of millions of people could be put at risk as HIV prevention and treatment programmes fall victim to funding cutbacks as a result of the global economic crisis, warns a new report released today by the United Nations Programme on HIV/AIDS (UNAIDS) and the World Bank. The well-being of millions of people could be put at risk as HIV prevention and treatment programmes fall victim to funding cutbacks as a result of the global economic crisis, warns a new report released today by the United Nations Programme on HIV/AIDS (UNAIDS) and the World Bank.The report, “The Global Economic Crisis and HIV Prevention and Treatment Programmes: Vulnerabilities and Impact,” says that eight countries – which together are home to more than 60 per cent of all those receiving AIDS treatment – are already facing shortages of antiretroviral drugs or other disruptions to treatment. In addition, 34 out of the 71 surveyed countries report that HIV prevention programmes focusing on high-risk groups such as sex workers, injection drug users and men who have sex with men are already feeling the impact of the crisis.“This is a wake-up call which shows that many of our gains in HIV prevention and treatment could unravel because of the impact of the economic crisis,” said UNAIDS Executive Director Michel Sidibé. He added that any interruption or slowing down in funding would be a disaster for the 4 million people on treatment and the millions more currently being reached by HIV prevention programmes.In 2006, the General Assembly pledged to achieve universal access to comprehensive HIV prevention, treatment, care and support by 2010. A report by Secretary-General Ban Ki-moon on progress on HIV/AIDS commitments shows that achieving national universal access targets by 2010 will require an estimated annual outlay of $25 billion within two years.According to a news release issued by the agencies, there are no reports of major cuts in donor assistance for 2009. However, it was reported that current funding commitments for treatment programmes in nearly 40 per cent of the countries examined will end in 2009 or 2010. It is feared that external aid will not increase or even be maintained at current levels. “This evidence shows us that people on AIDS treatment could be in danger of losing their place in the lifeboat and bleak prospects for millions more people who are waiting to start treatment,” Joy Phumaphi, the World Bank’s Vice President for Human Development, stated.“We cannot afford a ‘lost generation’ of people as a result of this crisis,” she added. “It is essential that developing countries and aid donors act now to protect and expand their spending on health, education and other basic social services, invest effectively and efficiently, and target these efforts to make sure they reach the poorest and most vulnerable groups.” The joint report outlines several steps to maintain and expand access to HIV treatment and prevention during the economic crisis, including using existing funding better, addressing urgent funding gaps and monitoring risks of programme interruption. It also recommends looking at sources of financing that can be sustained over the long term.Addressing a meeting of the General Assembly convened last month to assess progress in the response to the global epidemic, Mr. Ban said the economic crisis should not be an excuse to abandon commitments. Rather, it should be an impetus to make the right investments that will yield benefits for generations to come. “Now is not the time to falter,” he said, noting that a vigorous and effective response to the AIDS epidemic is integrally linked to meeting global commitments to reduce poverty, prevent hunger, lower childhood mortality, and protect the health and well-being of women.
26 October 2009With just weeks to go before Afghans go back to the polls to choose between President Hamid Karzai and his challenger Abdullah Abdullah, the United Nations said today it wants to see a “better and cleaner” election in the 7 November run-off. “We want to see less fraud in the run-off,” Aleem Siddique, spokesperson for the UN Assistance Mission in Afghanistan (UNAMA), told a news conference in the capital, Kabul. He said UNAMA is supporting the efforts of the Independent Election Commission (IEC) – tasked with organizing the 20 August polls and the upcoming run-off – and other electoral bodies to help ensure a final outcome that both candidates can have faith in.“We are now weeks away from the run-off, and we want to see a better and cleaner run-off than the first one that we saw,” he stated.The run-off was announced last week after the UN-backed Electoral Complaints Commission (ECC) found evidence of fraud in the first round of voting.Mr. Siddique reiterated that the elections and the run-off are an Afghan-led process. The UN is providing electoral support to Afghanistan’s electoral institutions, in terms of planning, logistics and oversight, through the UN Development Programme’s ELECT project.The IEC is currently reviewing the number of polling locations and staff required for the run-off. He noted that there is likely to be a need for far less staff in the second round, and the UN has received assurances from the IEC that certain categories of staff will not be rehired.“We expect the IEC will not rehire staff who have either not followed procedures correctly or were complicit in fraud,” said the spokesperson.In addition, it is expected that those staff who are unavailable to participate in the second round and those who choose not to work as part of the second round will not be rehired, he stated. “The significant reduction of staff we will see should reduce the opportunities for irregularities to occur or for potential or attempted fraud.”While challenges remain, Mr. Siddique explained that the run-off is going to be far simpler to implement than the first round as there will only be one election taking place between two candidates. “There will be no let-up on the part of the United Nations in supporting the electoral institutions in this country so we can get the best possible run-off that we can,” he pledged.
AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to RedditRedditShare to 電子郵件Email Canadian dollar moves higher amid worries about fallout from U.S. budget impasse by Malcolm Morrison, The Canadian Press Posted Oct 3, 2013 6:41 am MDT TORONTO – The Canadian dollar closed higher Thursday as traders continued to fixate on the U.S. budget impasse that has resulted in a partial shutdown of the U.S. government.Moreover, traders worried about an Oct. 17 deadline when the U.S. hits its debt limit, an event that could trigger severe economic disruption around the world.The loonie rose 0.05 of a cent to 96.84 cents US. amid widespread U.S. dollar weakness.Hopes had been high earlier in the week that Republicans and Democrats would come to a last-minute agreement that would avoid the shutdown or that the withdrawal of some services would be short-lived.But now the worry is that the shutdown will carry on for another couple of weeks to the debt ceiling deadline.At issue is the Affordable Health Care Act, or Obamacare.Republican House Speaker John Boehner has made clear that curbing the health care overhaul that President Barack Obama pushed into law three years ago remains part of the price for ending the shutdown. Traders are concerned that price tag will also apply to raising the debt ceiling.On the economic front, data showed a much sharper than expected deterioration in a key index that measures the U.S. non-manufacturing sector.The Institute for Supply Management said its service sector index for September came in at 54.4, down from 58.6 in August and lower than the 57.5 reading that had been expected.Another report, from the U.S. Labor Department, showed that jobless insurance claims in the U.S. were up a slight 1,000 last week to 308,000.The release of the U.S. government’s September employment report had been scheduled for Friday, but the government shutdown has postponed its release.There was some positive economic news from the world’s second-biggest economy.China’s official non-manufacturing Purchasing Managers’ Index rose to a six-month high of 55.4 in September from 53.9 in August.The non-manufacturing PMI covers services including retail, aviation and software as well as real estate and construction.Commodity prices were lower with November crude on the New York Mercantile Exchange off 79 cents to US$103.31 a barrel.December copper slipped five cents to US$3.27 a pound while December gold bullion faded $3.10 to US$1,317.60 an ounce.
“The United Nations was founded to prevent any such horror from happening again. Yet tragedies from Cambodia to Rwanda to Srebrenica show that the poison of genocide still flows,” he said in a message marking the International Day of Commemoration in Memory of the Victims of the Holocaust, held every year on 27 January, the date on which Auschwitz-Birkenau, one of the worst German Nazi concentration and extermination camps, was liberated in 1945. Mr. Ban recalled his own visit to the camp in November as he walked through the “infamous” gate bearing the metal slogan ‘arbeit macht frei’ (work makes [you] free) and stood near the crematoria that burned the corpses of so many victims. “I will never forget my visit,” he said. “I saw the horrific remnants of the machinery of genocide, as well as moving images of European Jewish life in the 1930s – weddings, family meals, rituals, other scenes of simple daily life – all extinguished through systematic murder unique in human history. “I saw the barracks where Jews, Roma, Sinti, homosexuals, dissidents, prisoners of war and persons with disabilities spent their final days in the most brutal conditions,” he added, calling for unflagging vigilance against bigotry, extremist ideologies, communal tensions and discrimination against minorities.UN High Commissioner for Human Rights Navi Pillay, recalling her own visit to Auschwitz-Birkenau, has a “simple message” for all those who deny that the Holocaust happened, or who engage in anti-Semitism and other forms of religious, racial or ethnic intolerance or discrimination.“Visit this historic and terrible place,” she said in a message marking the Day. “It is a truly humbling and harrowing experience to feel the chill of evil and immense tragedy that permeates its walls and grounds. It is important to feel – not just to know in an abstract way – where such behaviour can lead.” Filmmaker Steven Spielberg speaks with UN Television. Credit: UNTV“Each year, on 27 January, we take time to remember the victims of the Holocaust and to reflect on how it came about, and how the world at large failed so dismally to prevent it. The Holocaust stands as a searing reminder of the perils of discrimination and intolerance, and of just how powerful and deadly the incitement to racial hatred can be,” she added, stressing the imperative of reacting quickly and firmly discrimination and violence against individuals and entire communities wherever they occur. Ms. Pillay noted that despite the revelation of the full horror of the Holocaust, the flames of hatred and persecution have risen again to consume other countries, people and societies – from the killing fields of Cambodia, to the forests of Srebrenica in Bosnia and Herzegovina, and the hills of Rwanda.“Even today, in many places around the world, people are persecuted or discriminated against because of their race, religion, origin, sexual orientation or political opinions, and in countries such as Syria, the Central African Republic and South Sudan, people are still being maimed and slaughtered because of the group to which they belong,” she warned. “We need to stop turning a blind eye to the warning signs of serious human rights violations whenever and wherever they appear. That much, at least, we can do to honour all those millions murdered en masse by their fellow human beings, who attempted to justify war crimes, crimes against humanity and genocide with hate-inspired political philosophies and propaganda.”Opening the commemorative ceremony, General Assembly President John Ashe stressed that the Day underscored the international community’s determination that “such unfathomable horror and unspeakable cruelty” would have no place in this world. “Today, we are gathered here, to bear witness for all those who were brutalized, who suffered and who died, and we are also here to bear witness so that we the living never allow such a terrible tragedy to occur in our shared human history,” he said.“We will not forget them, we have not forgotten them, and they have not left us in vain. The sheer ferocity and pervasive cruelty of the Holocaust brought to fore a deep and powerful moral imperative that crimes of such enormity must be forever eliminated from this planet. “This moral imperative calls on the international community to ensure that this horrendous crime against humanity, including various subsequent derivatives thereof, must never be repeated in any way, shape or form.”Giving the keynote speech at the ceremony, film director, writer and producer Steven Spielberg, whose film, Schindler’s List, about a German businessman who saved over 1,000 mostly Polish-Jewish refugees during the Holocaust by employing them in his factories, won seven Oscars, stressed that the world cannot emerge from the Holocaust until there are no more genocides, until “the unthinkable becomes impossible…”“Tragically we are all aware that the Holocaust is with us today in ongoing attempts at genocides all around our planet,” he added, highlighting the UN’s role in bringing home the message.“The United Nations is one of the most important institutions that humanity has created not only because of that shared hope that it would accomplish what’s set out in its Charter but because the United Nations provides a place for representatives of all the peoples of the world to listen to witnesses telling their experiences and after listening, policy is made. This is a place that testimony forms the basis of action.”One of those witnesses was in today’s audience. Rena Finder, a Holocaust survivor whose name appeared on the real-life Schindler’s List, shared her testimony in the General Assembly Hall. “Encouraging young people to be more accepting of others and learn from the cruelty that was inflicted on Jews and other minorities during the Holocaust has been my life’s work,” she said.In a later interview with UN Television, Mr. Spielberg said education was the greatest thing the UN could do to prevent further genocides by disseminating eyewitness testimony.Today’s ceremonies are accompanied by two exhibitions at UN Headquarters under the theme “Remembrance Week: Journeys through the Holocaust,” marking the 70th anniversary of the deportation of over half a million Jews from Hungary to the German Nazi death camps.
Cocaine use among wealthier households is said to be at its highest in nearly decade with 3.4% of 16 to 59-year-olds in households earning over £50,000 saying they had taken the drug in the past year.Asked about The Daily Telegraph’s campaign for a legal duty of care on the social media firms to combat abuse and online harms, Lord Burnett said that any such move would have to be global.“What is so striking about the abuse on social media is that many people seem to think it doesn’t matter what you say or write on social media,” he said. Cressida Dick hit out at middle class cocaine users who worry about issues like the environment and fair trade but believe there is no harm in taking CocaineCredit:PA Middle class drug users should not be treated leniently by the courts because they are fuelling “distressing” levels of knife crime among the young, the Lord Chief Justice said yesterday.Lord Burnett of Maldon said there was a growing recognition that law enforcement should focus not just on drug suppliers but also that “users perhaps should be looked at in a less benign way.”He said the Metropolitan Police Commissioner Cressida Dick was “absolutely right” that affluent drug users “should bear very much in mind the huge social damage that they are doing further down the chain.”“She had in mind all the county lines problems that we have where particularly young vulnerable kids are being used to run drugs all over the country,” Lord Burnett told his annual press conference. Asked if he believed the courts should take a “less benign” approach to middle class users, he said:“It’s important to look at all cases individually but if ever it was thought, for example, that affluent people caught with class A drugs should be viewed as really not very serious offenders, I certainly don’t agree with that.”Lord Burnett, the most senior judge in England and Wales, expressed concern at the rise in knife crime, up 16% in a year and at its highest level for eight years. He was particularly worried that carrying a knife had become a habit for some young people. He said: “As the statistics show, there’s an increasing number of knife cases coming through our courts. A distressingly large proportion of these cases involve young people or children.“We as a society have to come to terms with the fact that increasing numbers of people, particularly young people, are carrying knives as a matter of habit.“There are two particular things that seem to be consistent factors. First, carrying knives as a matter of habit, often for protection, leads people then to use them in circumstances that they would not otherwise do. That’s a cultural problem.“There’s undoubtedly increasing violence centering around drug trafficking which is another underlying problem which society has got to grapple with.” “There seems to be a tendency particularly among those who like to shout a lot to resort to social media without any thought.”He said judges had been subjected to abuse online but were not unique, noting that the abuse of politicians was “utterly unbelievable.”He said he could not comment on a matter of policy but he added: “It seems to me that regulation of social media is something that is almost too big for a single country to deal with because so much of the social media networks are international by nature.“My instinct is that there needs to be a global response to some of problems that have resulted from abuse of social media rather than simply a domestic one.”Another area of concern over social media, he said, was the way it allowed people to hide behind an anonymous identity to do “all sorts of harmful and mischievous things.”“That can include undermining the rule of law but [that is] part of a much bigger picture Want the best of The Telegraph direct to your email and WhatsApp? Sign up to our free twice-daily Front Page newsletter and new audio briefings.
PUFF DADDY HAS gotten into a few scrapes over the years, but that hasn’t stopped him from reppin his hood. Yes, that sounds right.Quite the opposite, in fact, as his latest boast would appear to confirm.He now wants to rep nature and, where possible, dominate some wild animals in the process. Oh Puffy, you’re as mad as a (big) bag of bears.It’s Tweet Sweeper time!