Providenciales, 26 Feb 2015 – A finance team from the Turks and Caicos is on the road and the goal is to find the ideal refinancer of $70 million dollars of that UK backed Bail-out loan the country received in 2009. The Ministry of Finance is represented by acting Permanent Secretary, Shonia Thomas-Been who is joined by Refinancing Advisor, Alex Musson. The plan is for the duo to meet with 10 regional banks, pension funds and insurance companies in Port of Spain, Trinidad… described as the regional debt capital markets centre. Thomas-Been in a media statement said: “This roadshow will test the market ahead of our debt refinancing at this time next year, by alerting financial institutions to the investment opportunity in TCI.
This will also give us sufficient time to address any issues that they raise, while also helping to ensure that through open competition we secure the lowest interest rate for the TCI taxpayer.” Media is told no deals will be struck on this road show but it is designed to highlight the attributes of the TCI, which likely began with the favorable rating and international recognition of the country’s financial turnaround when Standard & Poor’s issued a BBB+ rating, last Summer. Also aiding the image and reputation for the TCI; a series of government surpluses which has up to quarter three for this current fiscal period been calculated at $60.6 million dollars or nearly 40% above projections. Also helping, three consecutive years of economic growth for the country, the projection for 2014 is another 4.6%. The Ministry said currently:
“…the TCI’s bank debt has already been fully repaid, leaving the $170m bond to be refinanced when it matures in February 2016, which will also have the effect of removing the contingent liability from the UK taxpayer. It is the TCI’s intention is to use the reserves held in its Sinking Fund to pay off approximately $100m of the bond, thus refinancing only the $70m balance.” The so called financial road show started yesterday for the team.
Misick announces Longer terms in Office, Bi-Partisan Constitutional Changes
#TurksandCaicos, February 19, 2024 – Magnetic Media SOTS23 COVERAGE: Premier WASHINGTON MISICK announced that there is bi-partisan agreement on the CONSTITUTIONAL CHANGES which the people of the Turks and Caicos can expect including a FIVE YEAR term for the elected Government.
The House of Assembly will finally leave the HJ Robinson High Auditorium to return home at the NJS Francis building and when it does, it will be called a PARLIAMENT with only ELECTED MEMBERS; (as reported) ending the four year term and ending the APPOINTMENT OF MEMBERS for a truly democratic composition of the house of representatives.
The State of the State Address, a creation of the Progressive National Party Administration, was carried live from Yellow Man and Sons Auditorium in Grand Turk, tonight February 19 which is also the three-year anniversary of the Misick-led government.
#TCIPremier #WashingtonMisick #SOTS2023 #TurksandCaicosParliament #tcinews
How to protect against HIV
#TurksandCaicos, February 15, 2024 – HIV/AIDS has killed more than 40 million people globally since it first appeared in the human population in 1959 according to the World Health Organization WHO and even though there are effective treatments there is no cure making prevention practices a top priority for vulnerable groups.
In recent months claims have emerged of rising cases locally creating concern in some Turks and Caicos residents. The Ministry of Health has remained silent on the issue and has not published relevant statistics despite repeated queries from Magnetic Media.
Given the continued presence of the virus, individuals are still at risk from infection. In fact the WHO says in 2022, when 630,000 people died from HIV-related causes and 1.3 million people acquired HIV.
Human immunodeficiency virus (HIV) is the virus behind AIDS, the most advanced form of HIV.
The virus spreads through the body fluids of an infected person, including blood, breast milk, semen and vaginal fluids. It is not spread by kisses, hugs or sharing food.
With this in mind there are several steps that residents can take to protect themselves including
- Using condoms during sex
- Limiting sexual partners
- Being tested regularly
- avoiding sharing needles, syringes and other injecting equipment
- Using personal protective gear when dealing with bodily fluids
Vulnerable populations can be administered Pre Exposure Prophylaxis which work to prevent infection and Post Exposure Prophylaxis which can prevent the virus from taking hold.
An HIV diagnosis is not a death sentence. In 2024 HIV can be treated and prevented with antiretroviral therapy (ART). These drugs strengthen the immune system which HIV weakens significantly.
Still the WHO encourages residents to take preventative action.
CARPHA: Take Action to Avoid the Harmful Effects of Saharan Dust
February 16, 2024 – The Caribbean Public Health Agency (CARPHA) is urging persons to protect themselves against adverse health effects of a Saharan dust plume, which has covered many parts of the Caribbean.
The Caribbean Institute for Meteorology and Hydrology (CIMH) in a Dust Bulletin dated February 9th, 2024 stated, “it is highly likely that particulate matter levels will be above the 24-hour outdoor air quality guidelines” as established by the World Health Organization (WHO).
Dr Joy St John, Executive Director, CARPHA, explained “Saharan dust worsens air quality and increases the levels of particulate matter in the air. This can be hazardous, especially to small children, older adults and people with underlying lung conditions and chronic cardiopulmonary diseases”. Dr St John added, “Saharan dust can also worsen the health symptoms of those who suffer from asthma, allergies and chronic obstructive pulmonary disease (COPD)”.
In light of the poor air quality levels, CARPHA is encouraging persons to take steps to avoid the harmful effects of Saharan dust. These include:
- Stay indoors as much as possible and when outdoors, wear a dust mask (eg. KN95)
- Utilise a HEPA filter indoors to purify air in individual rooms
- Persons who use medications for pulmonary conditions should carry them at all times and use as prescribed
- At the first sign of difficulty while breathing, seek professional medical advice immediately
- For less severe symptoms, standard allergy medications such as antihistamines and steroid nasal sprays may alleviate symptoms
For more information, please see excerpts from the attached CIMH Dust Bulletin.
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