Pensioners Urged to Support Low Inflation Measures

first_imgPensioners Urged to Support Low Inflation Measures Finance & Public ServiceAugust 10, 2010 Advertisements FacebookTwitterWhatsAppEmail Governor of the Bank of Jamaica (BoJ), Bryan Wynter, has urged pensioners to lend their support to the reforms and institutional arrangements that contribute to a lower and more stable inflation environment in the wake of the successful completion of the Jamaica Debt Exchange (JDX) and the signing of the Standby Agreement with the International Monetary Fund (IMF).“As inflation becomes low and stable, you can be more comfortable in your expectation that the returns on your investments will be more stable and your income in retirement will maintain its purchasing power,” he said.“Businesses will be able to plan with greater certainty, thereby minimising the volatility in consumer prices that stem from the productive process. and you can plan to enjoy your retirement years in a more relaxed frame of mind,” Mr. Wynter added, as he addressed the Caribbean Community of Retired Persons Financial Retirement Planning Seminar held recently in Kingston.The BoJ Governor, whose presentation focused on the factors that trigger inflation and how it affects pensioners, said the issue was central to the financial planning of persons, who collect a pension, and was of even greater significance for those on a fixed income.He observed that over the years, Jamaica had experienced volatile and high inflation that had affected the country’s ability to “plan effectively and to estimate ahead of time what the real rate of return on savings and investments was likely to be.”In addition, continuous high and volatile inflation can influence workers to demand higher wages in an effort to maintain their purchasing power and for business persons to set higher mark-ups on goods and services in an effort to sustain profit levels.Governor Wynter noted that given Jamaica’s high propensity to import, any significant depreciation in the exchange rate will contribute to increases in the prices being faced by producers and consumers. The converse, he said, was also true.“Recently, we have been observing a general appreciation in the value of the Jamaica Dollar largely due to investors’ confidence that the macroeconomic fundamentals are improving. Ultimately, this should translate into lower and more stable prices for consumers,” he stated.The BoJ is forecasting inflation of between 7.5 to 9.5 per cent for 2010/2011, with the rate to be close to the bottom of the range, based on the slow recovery in the global economy, the containment of international commodity prices, and the relative stability of the Jamaican Dollar.For the medium-term, the economic programme envisions that the rate of inflation should fall to about 6.0 per cent a year by 2013/14, again based on the relative stability in the prices of international commodities and the value of the Jamaican Dollar. RelatedPensioners Urged to Support Low Inflation Measurescenter_img RelatedPensioners Urged to Support Low Inflation Measures RelatedPensioners Urged to Support Low Inflation Measureslast_img read more

Jamaica Cops EU Women Empowerment Award

first_imgRelatedTime Ripe For Media To Set Up Complaints Council – Minister Falconer Jamaica has been honoured by the European Union (EU) for its role in the empowerment of women, in particular for closing the gender gap in terms of women, who work in public administration.A beaming Prime Minister, the Most Hon. Portia Simpson Miller, accepted the award on behalf of Jamaica, during a high profile gala and awards dinner hosted on Wednesday, November 27, by the Women In Parliaments (WIP) Global Forum, at the Royal Museum Of Art and History in Brussels, Belgium.The award is given to a country that has achieved a remarkable level of representation by women in the legislature, as senior officials and managers.“I find it gratifying that the European Union has recognized Jamaica’s achievement in the area of gender equality. I accept with a spirit of humility on behalf of the women of Jamaica, who I represent, and to whom I pay tribute this evening,” she said.Mrs. Simpson Miller noted that many Jamaican women continue to make their mark in their various spheres of endeavors despite the odds. She thanked the European Parliament and WIPs Forum for their initiative in providing an avenue for discussion on women’s leadership, noting that the experience has been enriching.“Let us therefore vow to make gender equality a reality in this generation,” she urged the participants.The Prime Minister urged the young women in the audience to pursue their dream and not to be daunted by obstacles. “I want to say to the young women, be strong, be courageous. There are some who will say that politics is not a good thing, but if it is not good and good people do not get involved, it will remain bad, so we need to be engaged and involved,” she said to loud cheers from the packed room.She stated that politics is an area where women can influence change in policy. Mrs. Simpson Miller urged the young women to use the successful women in the room as examples, telling them “you can make a contribution to your country and to humanity.”She said her greatest joy is serving.President of the EU- Latin American and Caribbean (LAC) Foundation, Benita Ferrero-Waldner, who made the presentation to the Prime Minister, noted that 28 per cent of the country’s mayors and 56 per cent of Permanent Secretaries are females. In addition females dominate top positions such as Chief Justice, accountant general and other top public posts.The WIP awards are based on the rankings of the World Economic Forum’s Global Gender Gap Report, and are awarded to countries for leadership in closing the gender gap.The gender gap report assesses 135 countries, representing more than 93 per cent of the world’s population on how well resources and opportunities are divided among male and female populations. It measures the size of the gender gap in four areas: economic participation and opportunity – salaries, participation and highly skilled employment; education – access to basic and higher levels of education; political empowerment – representation in decision making structures; health and survival – life expectancy and sex ratio.Other winners in the category of political empowerment are Rwanda, for Women in Parliament; and Ireland for number of years with Female Head of State. Iceland was named the Global Winner in Closing the Gender Gap. Jamaica Cops EU Women Empowerment Award Office of the Prime MinisterNovember 28, 2013Written by: Andrea Braham Story HighlightsJamaica has been honoured by the European Union (EU) for its role in the empowerment of women.The award is given to a country that has achieved a remarkable level of representation by women in the legislature.The Prime Minister urged the young women in the audience to pursue their dream. FacebookTwitterWhatsAppEmail Advertisementscenter_img Jamaica Cops EU Women Empowerment AwardJIS News | Presented by: PausePlay% buffered00:0000:00UnmuteMuteDisable captionsEnable captionsSettingsCaptionsDisabledQualityundefinedSpeedNormalCaptionsGo back to previous menuQualityGo back to previous menuSpeedGo back to previous menu0.5×0.75×Normal1.25×1.5×1.75×2×Exit fullscreenEnter fullscreenPlay RelatedMinister Falconer Clarifies ‘Guidelines’ to Media Photo: JIS PhotographerPrime Minister, the Most Hon. Portia Simpson Miller (right), proudly holds the award given to Jamaica for bridging the gender gap in terms of women in public administration, awarded by the European Union. The presentation was made during a high profile gala and awards dinner hosted by the Women In Parliaments (WIP) Global Forum, on November 27, at the Royal Museum Of Art and History in Brussels, Belgium. Speaker of the Chamber of Deputies of Rwanda, Donatille Mukabalisa (left), accepted the award on behalf of her country for Women in Parliament; while Speaker of the Senate in Ireland, Paddy Burke, accepted the award for his country, which was recognized for the number of years with Female Head of State. RelatedPM Says Lack of Funding Keeping Women Out of Politicslast_img read more

Warren Haynes Announces Summer 2016 Festival Set With Ashes & Dust Band

first_imgIt seems that Warren Haynes’ new Ashes & Dust Band isn’t going anywhere come 2016. While the group previously scheduled a winter tour, the announcement that they will be performing at FloydFest in 2016 certainly increases the likelihood that Haynes will be touring the new Ashes & Dust record throughout the majority of the New Year.FloydFest runs from July 27-31 in Floyd, VA, and features a lineup with Gregg Allman, Bruce Hornsby, Nahko & Medicine For The People and more! See more details about the festival here.Meanwhile, Haynes remains dedicated to his new Ashes & Dust band, comprised of drummer Jeff Sipe and the members of the bluegrass outfit ChessBoxer. It’s likely that Ashes & Dust will find its way onto numerous summer festival bills, and fans may even see a second volume of songs released as an album.“We only released about half of them so there’s another album’s worth of material still in the can and another albums worth of material that I still haven’t recorded yet.  So…this could be the start of kinda like a series,” said Haynes in a recent L4LM interview.Of course, who knows what this means for Gov’t Mule. As of now, the band only has a Wanee Festival appearance and two-night New Year’s run at the Beacon Theatre on the schedule, which includes a three-set NYE show with Allman Brothers, The Band and Grateful Dead covers.Whatever the case may be, we’re happy to see Warren Haynes shredding out there!last_img read more

WOMEN’S BASKETBALL: Well-rested Cardinals two wins away from NCAAs

first_imgKATY — The Lamar Cardinals knew when and where they will be playing next. Friday afternoon they found out who they would be playing.The Cardinals (22-6 overall, 17-1 Southland Conference), who are the No. 1 seed in the Southland Conference Tournament, will face the fourth-seeded Nicholls State Colonels in the tournament semifinals at 1 p.m. Saturday at the Leonard E. Merrell Center in Katy. LU, which received an automatic berth in the semifinals as the top seed, faces Nicholls (17-13, 11-7) for the second time this season. The Cardinals were 76-61 winners at Nicholls on Jan. 24.Nicholls, which had a first-round bye, held on for a 61-59 win over fifth-seeded Texas A&M-Corpus Christi in Friday’s second-round game. Saturday’s other semifinal sees second-seeded Stephen F. Austin taking on third-seeded Central Arkansas at 3:30 p.m. The Cardinals, who were outright Southland Conference regular-season champions for the first time in program history, are making their 13th straight appearance in the SLC Tournament as they seek their first tourney title since 2010. LU is just one two teams, joining Stephen F. Austin, who have been in the tournament every season since the conference moved the tourney to Katy.“I think that speaks well for our program,” Harmony said. “We try to put out a good product every season. That’s a credit to everyone involved.”The Cardinals are guaranteed to be going to a national postseason tournament for the third time in Harmony’s five seasons at LU. Winning the conference tournament would give LU an automatic berth into the NCAA Tournament. If the Cardinals are not selected for the NCAA Tournament, they are assured of a spot in the Women’s National Invitational Tournament as a result of being the conference’s regular-season champion.“We don’t have to worry about seeing if we’re going to a tournament,” Harmony said. “The NCAA and WNIT are both prestigious tournaments. It is a relief to know that we are going somewhere.” The tournament’s championship game is scheduled for noon Sunday.LU has been idle since Saturday when it ended the regular season with an 81-72 victory at McNeese State to secure the outright title. LU coach Robin Harmony hopes the added rest will prove to be beneficial for the Cardinals.“It’s good to have the two byes because you’re guaranteed to be in the semifinals,” Harmony said. “You can give your kinds a couple of days off that normally you can’t do. At this point of the season, an hour and a half of practice; in and out. We already know what everyone is going to do.  We know our stuff. It’s to stay fresh and stay in shape.”center_img ALL-TIME SERIESThe Cardinals and Colonels have met 39 times, with LU winning 24 of those contests.ON THE AIR AND ONLINEAll LU postseason games will be broadcast on KLVI-AM 560, with Harold Mann providing the play-by-play. Saturday’s semifinal game will be streamed online on ESPN3. Sunday’s championship game will be televised on the CBS Sports Network (DirecTV 221, Dish Network 158, Verizon Fios 94 and 594, Spectrum 315).SLC TOURNAMENT TICKETSTickets are available on game day at the Merrell Center. LU fans who purchase game-day tickets at the Merrell Center are encouraged to purchase their tickets from the LU ticket window.last_img read more

2019 Harley-Davidson FXDR 114 power cruiser unveiled!

first_imgHarley-Davidson is upping their game with their 2018 new model launches and their latest 2019 beast is said to be one of the best yet. We are referring to their all-new power cruiser, the 2019 Harley-Davidson FXDR 114. This powerful variant in the Softail range is said to be the new V-Rod and just by the looks, we are absolutely in love with it.According to Brad Richards, H-D Vice President of Styling and Design, “The look of the FXDR 114 expresses its performance potential and highlights the technical features that set it apart from the rest of the Softail line-up. The drag-bike influence is strong with the raked and inverted front end, massive intake and exhaust, proportional contrast between the wheels and the clipped tail section.”“But we made sure that purely technical elements like the aluminium swingarm, fully integrated digital instrumentation within the rider controls, and exposed external suspension adjuster are highlighted as well and help define this bike’s mission, which is pure performance – not just straight-line performance,” added Richards.With its drag bike appeal, the new FXDR 114 is powered by H-D’s 1,868cc Milwaukee-Eight™ 114 engine with enough power to blast away from traffic lights leaving nothing but smoke and a long black rubber line in its wake. We’re talking about 160Nm of pure torque at your disposal, folks.To ensure that optimum power-to-weight ratio, H-D has worked on getting the new FXDR 114 as light as possible by using alloy and composite components which includes aluminium swingarm and subframe. The bike’s wet weight sits at 303kg where H-D claims a good boost in the bike’s overall handling, power delivery, as well as braking performances.Other magnificent aspects of this new and powerful beast are:New 2-into-1 exhaust for superior sound and feelRacing-style inverted 43mm front forksScreaming Eagle™ inspired air intake with enhanced air flowAdjustable high-performance rear mono shockStretched fuel tankAll-around LED lights with digital riser gauge & keyless ignition The all-new drag bike-inspired machine is all about power, performance, and rideability with its 1,868cc Milwaukee-Eight™ 114 engine and lightweight. To ensure that the all-new H-D FXDR 114 can stop on a dime, it comes ready with twin 4-piston fixed 300mm disc brakes while the rear is controlled using a 2-piston floating single rear disc. In short, the FXDR 114 goes like stink and stop whenever and wherever you want it to be.The US market has priced the new 2019 Harley-Davidson FXDR 114 from $21,349 (around RM87,405.00 after direct conversion). For now, there’s no news on when the bike will be made available here in Malaysia but we won’t be surprised if it lands within the first half of 2019. The 2019 H-D FXDR 114 is priced in the US market from $21,349 (around RM87,405).center_img Harley-Davidson has just launched its latest power cruiser, the 2019 Harley-Davidson FXDR 114. Meet the first ever Harley-Davidson Adventure bike, the Pan America, confirmed for production!–Ads–last_img read more

Watch now: Live-action Disney’s ‘The Lion King’ has an eye-popping new trailer

first_imgDisney(LOS ANGELES) — With just 100 days until its premiere, the trailer for Disney’s upcoming live-action remake of The Lion King is here.The film, directed by Iron Man‘s Jon Favreau, features an all-star cast: Donald Glover as Simba, Beyoncé Knowles-Carter as Nala, Seth Rogen as Pumbaa, Billy Eichner as Timon, Chiwetel Ejiofor as Simba’s evil uncle Scar and James Earl Jones reprising his voice role as King Mufasa. “Life’s not fair, is it my little friend?” Ejiofor, as Scar, says to Glover, as Simba, in the trailer. “While some are born to feast, others spend their lives in the dark begging for scraps.” As in the 1994 animated classic, he later casts the cub away, after killing Simba’s father Mufasa.Amid eye-popping motion-capture, and the kind of photo-realistic visuals seen in Favreau’s previous live-action take on Jungle Book, Jones as Mufasa advises his son, “Everything you see exists together in a delicate balance. While others search for what they can take, a true king searches for what he can give.”He later says, “You must take your place in the circle of life.” Disney’s The Lion King opens in theaters July 19, 2019.Disney is the parent company of ABC News.Copyright © 2019, ABC Radio. All rights reserved.last_img read more