Connect with us

News

Finance Minister Welcomes Engagement With G20

Published

on

WASHINGTON DC, April 14 (JIS): Minister of Finance and Planning, Dr. the Hon. Peter Phillips, has welcomed the opportunity for the Caribbean to engage with the powerful G20 to highlight and address some of the peculiar challenges that are impeding the progress of countries in the region.

He was addressing the first Caribbean Regional Dialogue with members of the G20 Development Working Group on Monday (April 13), as part of the World Bank and International Monetary Fund (IMF) Spring Meetings now underway in Washington DC.

Jamaica was asked to co-chair discussions on the challenges confronting Caribbean countries at the meeting with the G20 Development Working Group.

Dr. Phillips, in his remarks at the start of the meeting, said the session will be of great value to the Caribbean, because it is the first time there has been engagement between the Caribbean and the G20 in an organised fashion.

Dialogue of this nature, he contended, allows for the opportunity to bring to the attention of the G20 countries and the Development Working Group, the specific conditions of the Caribbean region, which he identified as low growth and high debt.

He noted that the Caribbean is still suffering the effects of the crisis of 2008-09, pointing out that the consequences of that crisis are impeding the region’s capacity to grow, particularly because of the high debt.
“This first contact, I think, is important and it will be the first of a number of contacts. We are grateful to the Turkish authorities, who are President of the G20 this year and the Chinese, who will preside next year. During these engagements, we’ll have to collaborate with the G20 to examine some practical solutions to the issues facing the Caribbean,” he said.

“We should also be grateful to the Trinidadian authorities, who took an active part on behalf of the Caribbean in this regard. This dialogue will continue and there are specific areas in which practical solutions can be brought to the table to benefit the Caribbean,” he added.

Last October, Dr. Phillips urged the G20 to make good on its promise to assist the Caribbean region to mitigate the effects of the recession of 2008. Speaking during a Caribbean breakfast and caucus meeting in Washington DC, Minister Phillips expressed concern that the group of major economies has not kept its promise to provide financial support to assist the region.

“We continue to suffer because the expectations that were generated in 2008, coming out of the first meeting of the G20 nations, for resources to alleviate the plight of the region that was hardest hit by the crisis, have been unfulfilled,” he stated.

Dr. Phillips said there is urgent need for the G20 to fulfil its promise, citing the region’s high debt burden, climatic vulnerabilities, along with energy insecurities.

The G20 Development Working Group was established in 2010, and is responsible for implementing the G20 Development Agenda, which includes increasing financing for infrastructure investment in developing countries.
The G20 is a forum for the governments and central bank governors from 20 major economies. The members include 19 individual countries – Argentina, Australia, Brazil, Canada, China, France, Germany, India, Indonesia, Italy, Japan, Republic of Korea, Mexico, The Russian Federation, Saudi Arabia, South Africa, Turkey, United Kingdom, United States and the European Union.

Dr. Phillips is leading Jamaica’s delegation at the IMF and World Bank Spring Meetings, which provide a forum for discussion among governors of central banks, high-level authorities of member countries, representatives of multilateral financial institutions and development agencies.

The Jamaican delegation also includes Financial Secretary, Devon Rowe; Governor of the Bank of Jamaica (BoJ), Brian Wynter; Wayne Robinson also of the BoJ; Director General of the Planning Institute of Jamaica (PIOJ), Colin Bullock; and head of the IMF Coordination Implementation Unit in the Ministry, Judith Reid.
The summit will end on Sunday, April 19, 2015. While in Washington,

Dr. Phillips will meet with representatives of the IMF, World Bank, and the US Treasury.

Magnetic Media is a Telly Award winning multi-media company specializing in creating compelling and socially uplifting TV and Radio broadcast programming as a means for advertising and public relations exposure for its clients.

Bahamas News

Bahamas Ministry of Tourism, Investments & Aviation Celebrates World Tourism Day

Published

on

#TheBahamas, September 28, 2021 – “This year, World Tourism Day has been designated as a day to focus on inclusive growth through tourism, which is quite poignant,” said Deputy Prime Minister The Honourable I. Chester Cooper, Bahamas Minister of Tourism, Investments & Aviation. “Like many Caribbean destinations, tourism is the heartbeat of The Bahamas and as we say, it is everyone’s business. Our beaches are breathtaking, and the water is so clear you can see it from space, but that is not what defines us. Rather, it is every individual person who shapes the Bahamas experience and stands to benefit from tourism’s success. I am committed to creating jobs and opportunities for all Bahamians and to help our great nation heal.”

As international travel restrictions begin to ease, spurred by an increase in vaccine accessibility, The Bahamas is well positioned for continued recovery. A rise in scheduled airlift combined with the return of the cruise industry is contributing to a positive increase in visitor numbers, leading to nearly 500,000 visitors over the first six months of the year.

“While we have faced an uphill battle during these unprecedented times, we must stay focused and optimistic as the world begins to reopen,” noted the Deputy Prime Minister. “I join with leaders throughout the Caribbean to elevate the importance of social inclusion, sustainability and smart destinations and businesses. Our beautiful country, and our beloved Caribbean region, will prosper again and continue to progress, as in the words of the motto of The Bahamas:  Forward, Upward, Onward, Together.”

 

Photo Credit: Sandals.com

 

Continue Reading

Bahamas News

Lyford Cay Foundations Award Academic Scholarships to 18 Bahamians

Published

on

#TheBahamas, September 27, 2021 – Eighteen Bahamians who are committed to making a difference in The Bahamas in fields ranging from mitigating climate change to ending physical abuse have been awarded generous undergraduate and graduate school scholarships from the Lyford Cay Foundations.

Today’s announcement of the names of academic awardees follows earlier news that for the first time in its 50+ year history, the Foundations saw the majority of successful applicants for vocational scholarships chose training and certification in medical or health-related subjects – perhaps inspired by the great health care needs as a result of the COVID-19 pandemic.

“Both groups, academic and technical vocational, were outstanding this year, making the work of the independent screening committees more challenging than ever and many of the students who applied were so impressive that they were also being offered substantial scholarships from top universities, all of which speaks for the quality and reputation of students from The Bahamas,” said Dr. Nicola Virgill-Rolle, Executive Director. “What was of particular interest this year is the common thread in their essays, almost like a fire burning in them – a desire to make a difference in The Bahamas when they return.”

One of those recipients, Empress Sears, a graduate of Sunland Baptist Academy in Grand Bahama, is off to study Ecology and Evolutionary Biology at the University of Toronto with a William Birchall Scholarship. “An issue we as Bahamians should all be concerned about is the lack of attention given to our natural resources,” Sears wrote in her essay. “Our beaches, mangroves, pine forests, and coral reefs are in a state of peril….Overproduction of air pollutants has caused the temperature to steadily climb worldwide. The results of this come in the form of sweltering heat and devastating hurricanes. These effects play a major role in why our natural resources are under extreme stress. It is our duty as Bahamians to seek out the best possible methods to reduce the severity of these natural disasters.”

Two other recipients, Jasmine Adamson and Paul Roberts, plan to tackle the energy problem, focusing on renewables, Roberts at University of California, Berkley, and Adamson at Kettering University.

Another, Rhodricia Francis, was inspired by her own family’s experience to become a pharmaceutical chemist. “I believe that Bahamians deserve access to better treatments and medications,” she wrote. “As a pharmaceutical chemist, I will develop novel, effective drugs with minimal side effects and investigate more efficient methods to synthesize current drugs. Efficiency in drug creation will make medication more accessible to the general population.”

Lyford Cay Foundation Chairman Basil Goulandris cited the variety of interests and ambition as “extraordinary.”

“Every year, we think how can next year’s applicants equal this year’s and every year, new applicants surprise us,” he said. “This year, the applicants showed interest in a wide variety of subjects that were very demanding and an extraordinary ambition to make The Bahamas even better.”

Canadian Lyford Cay Foundation Chairman Tim Unwin agreed.

“When you look at the fields of study and the quality of the scholarship recipients for 2021-22, you have to feel that the future of The Bahamas is in good hands,” Unwin declared. “Upon their return to The Bahamas, these wonderful students will find many opportunities to give effect to their vision.

 The Foundations awarded $380,000 in scholarships this year to 26 new recipients in addition to the 27 ongoing scholarships allowing Bahamians to study throughout the US, Canada and the UK. The Foundations have awarded more than $50 million in education benefits to Bahamians along with helping to support non-profits, with an emphasis on those that contribute to education.

Recipients of this year’s new undergraduate scholarships include Paul Roberts – Physics at the University of California, Berkeley; Jasmine Adamson – Mechanical Engineering, Kettering University; Zion Virgil – Chemistry, Florida Southern College; Rhodricia Francis – Chemistry, Florida International University; Jaleah Taylor – Visual Arts/Communications, Media and Film, University of Windsor; Kiara Minnis – Computer Science Degree with Cooperative Education, Lakehead University; Ashanti Marshall – English and Art, St. Francis Xaviers; Shealyn Burrows – Chemistry, St. Mary’s University; Tyler Christie – Biology, St. Mary’s University; Dacacia Russell – Accounting, Mount Royal University; Chandler Darville – Mechanical Engineering, University of Toronto; Alexander Baxter – Management, University of Toronto; Asya Johnson – Computer Science, University of New Brunswick; Empress Sears – Ecology & Evolutionary Biology, University of Toronto.

Those working toward graduate degrees include :  Leandria Albury – Public Health Administration and Policy, University of Minnesota; Felecia Campbell – Child and Youth Care, Holland College; Lemuel Johnson – Trumpet Performance, Western Illinois University; and Clarence Albury – Creative Writing, Witchita State University.

Continue Reading

News

Turks and Caicos Islands Tourist Board Celebrates World Tourism Day

Published

on

The Destination Continues to See an Influx of Tourists, Following One of the Busiest Summers on Record, and Is Optimistic for the Future

#TurksandCaicos, September 27, 2021 – The Turks and Caicos Islands Tourist Board, the exclusive tourism authority for the Turks and Caicos Islands, is excited to celebrate World Tourism Day on today, September 27, 2021, and reflect on the Island’s significant increase in tourism since the pandemic. Thanks to the Tourist Board’s strategic marketing and public relations plans, combined with its vigilant TCI Assured protocols, aggressive vaccine campaign, and pent-up travel demand, the destination reported one of its busiest summers to date in 2021 with an increase of over 18% in June, 19% in July, and 15% in August compared to pre-pandemic statistics in 2019.

“On World Tourism Day and every day, we are proud to celebrate the success of tourism to the Turks and Caicos Islands, especially after the challenges that we and all tourism-driven countries faced during the pandemic,” said Pamela Ewing, Director of Tourism for the Turks and Caicos Islands Tourist Board. “We have worked hard to enforce necessary safety protocols to ensure that tourism, our main economic driver, continues to positively impact both our local and travelling communities. The destination is optimistic for one of the busiest Festive seasons to date ahead, and we wish success to all other islands in the Caribbean.”

Tourism in the Turks and Caicos Islands continues to flourish due to the Tourist Board’s strategic marketing and public relations campaigns in the United States, Canada, South America, United Kingdom and Europe to promote the destination as safe for travelers. This includes press trips with key publications, radio campaigns in source markets, advertising and partnerships with stakeholders, and executing the signature event, Turks and Caicos Conference (TACC), which updated all partners on protocols and accommodation availability.

“We are grateful for all of our valued tourism partners, who have supported our efforts to ensure the ongoing safety of our residents and guests, and to the community for their vigilance in getting vaccinated and adhering to protocols,” said Honorable Josephine Connolly, Minister of Tourism for the Turks and Caicos Islands. “It is because of everyone’s commitment that we’ve been able to keep tourism thriving safely and allow guests to focus on enjoying the exceptional vacation experience afforded by the destination, our picturesque beaches, and our world-class resorts and villas.”

Travel confidence has also increased thanks to the destination’s TCI Assured portal, a quality assurance pre-travel program and portal, which requires require a negative COVID-19 RT-PCR, NAA, RNA or Antigen test result from a test taken within three days of travel, medical / travel insurance that covers medevac, a completed health screening questionnaire, and proof of vaccination for all visitors ages 16 years and over. The vaccine requirement underscores the destination’s commitment to health and safety and expands on its already vigilant travel protocols, which have been in place for travelers since July 22, 2020, when the destination opened its borders to tourists. The Turks and Caicos Islands also continues to promote its vaccine campaign among residents, with over 70 percent of the adult population being fully vaccinated with the Pfizer-BioNTech vaccine—making it one of the most inoculated countries in the world.

For more information on the Turks and Caicos Islands, call 1 (800) 241-0824 or visit www.turksandcaicostourism.com. Follow the Turks and Caicos Islands on Facebook, Twitter, Instagram and YouTube.

Continue Reading

FIND US ON FACEBOOK

TRENDING