Haiti’s seaport capacity increases, General Fraser says

first_imgBy Dialogo January 29, 2010 haity is in your two hands now usa you know we love you do your best for us ,so we count on you we all love you usa WASHINGTON – Conditions in earthquake-ravaged Port-au-Prince, Haiti, continue to improve day by day, but a tremendous need still exists, the commander of U.S. Southern Command said today. Air Force Gen. Douglas Fraser also said U.S. military personnel have opened a seaport that is bringing in about 200 containers a day, and that he expects that capacity to more than double in the weeks ahead. Southcom is in charge of the U.S. military’s humanitarian response effort in Haiti. The United States now has more than 20,000 servicemembers in and around Haiti; 6,000 on the ground and the rest on vessels offshore, Fraser said. “But those numbers only reflect those men and women who are actually in the theater,” Fraser added during a video teleconference from his headquarters in Miami. “There’s a lot of effort that’s happening within Transportation Command and across the Department of Defense to support these efforts that are external to the theater.” Twenty-three ships, more than 60 helicopters and more than 30 fixed-wing aircraft are in the area, the general said. Meanwhile, he said, demand for ramp space at Toussaint L’Overture International Airport at Port-au-Prince, the Haitian capital, has started to recede. “The demand is now down about 20 percent from what it was,” Fraser said. “So we’re supporting roughly a hundred flights a day into the airport and another 80 to 100 helicopter flights operating in and out of there as we go along.” The seaport in Port-au-Prince sustained tremendous damage in the original Jan. 12 earthquake, and more in the aftershocks that still continue. “The port is operating and has a roughly 200-container-a-day capacity going through it,” Fraser said. One pier that the command was going to use sustained more damage and is now unusable, Fraser reported. “So we’re expanding into some of the other ports right there in the Port-au-Prince area to see what we can do there,” he said. Medical treatment continues to be a U.S. priority. Medical personnel aboard the USNS Comfort, a hospital ship based in Baltimore, have seen more than 3,000 patients since it has arrived. Crews on other ships – the aircraft carrier USS Vinson, and amphibious ships USS Bataan and USS Nassau — also treat a significant number of patients. Yet, more hospital space is needed, the general said. “One of the things we’re working to improve is the capacity for patients to recover,” Fraser said. “We don’t have enough capacity, with the hospitals being full, and so the joint task force is actively working to establish that facility.” That hospital facility will house between 3,000 and 5,000 patients and will be built on 40 acres of land in Port-au-Prince.last_img read more

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Hill calls for US collaboration to avoid ‘devastating’ clearing house collapse

first_img“So Europe and the US need to cooperate at an early stage and decide together how the risks of a failing CCP could be tackled safely.”Hill said during his confirmation hearings that one of his goals would be to tackle the ‘too big to fail’ risk of CCPs, pledging that a resolution framework would be published in 2015.Pension investors are currently exempt from central clearing as demanded by the European Market Infrastructure Regulation (EMIR) and were recently offered a further two-year exemption by the European Commission, as the executive decided there were still too many hurdles facing the sector to be able to clear trades.The commissioner also sought to assuage fears that closer cooperation, as part of the Transatlantic Trade and Investment Partnership (TTIP), would undermine the overhaul of financial regulation implemented by the US with the Dodd-Frank Act.“But we do think it makes sense to do what we can to make our rules compatible,” Hill said, “so that global businesses can operate more easily, and so that we have a larger and more efficient market, which should allow businesses to finance the rest of the economy more easily, thereby helping create jobs and boost growth.”Hill’s intervention came days before the general court ruling found in favour of a complaint by the UK and Sweden that argued it was discriminatory to require CCPs clearing euro-denominated trades to be based in a euro-zone member state. The court said the European Central Bank (ECB) had no right to limit the locations as part of the 2011 Eurosystem Oversight Policy Framework, despite its concerns “malfunctioning” CCPs outside of the euro-zone could destabilise the single currency. Ruling T-496/11 further found that, under the founding statues governing the ECB’s activities, it only had the ability to adopt regulations on CCPs, “rather than granting it an autonomous regulatory competence in respect of all clearing systems”.As a result, the court annulled the ECB’s framework in regards to CCPs.,WebsitesWe are not responsible for the content of external sitesLink to General Court ruling on ECB regulation of CCPs The European Commission must work collaboratively with the US to draw up a resolution framework for central clearing counterparties (CCPs), Jonathan Hill has urged.The commissioner for financial stability’s recommendation came days before the General Court of the European Union, part of the European Court of Justice, ruled that CCPs clearing euro-denominated trades did not need to be based in a country that was part of the single currency. Speaking at a conference in New York, Hill noted that an estimated $570trn (€509trn) in risk being cleared was “centralised in a handful of global CCPs”.“If one of these were to fail, the consequences could be devastating, and would be felt worldwide,” he said.last_img read more

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Oyo Governor-elect Fetes Ibadan Golf Ladies

first_imgBy Kemi Olaitan in Ibadan Oyo State governor-elect, Mr. Seyi Makinde, last weekend exhibited his love for the game of golf by joining the ladies golfers at the prestigious Ibadan Golf Club (IGC) to celebrate the annual 2019 Ladies Open which came to an end on Sunday evening. Makinde, a member of the IGC, played nine holes none competitive golf game on Thursday, five holes on Saturday and also graced the closing ceremony of the two-in-one event that commenced in Ibadan on Wednesday.While addressing golfers during the dinner and closing ceremony, he restated his commitment to the activities of the club and development of golf by giving the game good attention in terms of promotion and funding when he is sworn-in in May. The Lady Captain of IGC, Dr. Tope Farombi who welcomed Makinde thanked governor-elect for finding time out of his busy scheduled to felicitate with the almost 200 lady golfers that came from all walks of life to participate in the golf tournament.She however urged Mrs. Makinde to also embrace the game of golf by joining the ladies’ section of the IGC, describing golf as a good sport and a wonderful way to maintain  a perfect wellness and improved mental alertness.Meanwhile, a policewoman, Racheal Danjuma of IBB Golf Club won the first prize of the tournament with 79 gross while Evelyn Oyome emerged as the runners up retuning with 76 gross. The immediate past Chief Medical Director (CMD) of the University College Hospital (UCH), Ibadan, Prof. Temitope Alonge, won the veteran men’s category.The immediate past Chief Medical Director (CMD) of the University College Hospital (UCH), Ibadan, Prof. Temitope Alonge, won the veteran men’s category.Share this:FacebookRedditTwitterPrintPinterestEmailWhatsAppSkypeLinkedInTumblrPocketTelegram Seyi Makindelast_img read more

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