Connect with us

News

157 Caicos Pine Saplings Added to Diamond Jubilee Pineyard, Pine Cay

Published

on

#TurksandCaicos, August 24, 2017 – Pine Cay – Caicos pine, the National Tree of the Turks and Caicos Islands, received a well-needed population boost on Pine Cay last week through collaborative efforts of the Department of Environment and Coastal Resources (DECR), Department of Agriculture, Meridian Club at Pine Cay, and Royal Botanic Gardens, Kew (RBG Kew).

The fourth planting of Caicos pine (also called Caribbean pine) saplings, grown in the Caicos Pine Recovery Project (CPRP)nursery on North Caicos, saw 157 young trees between 2 and 5 feet tall transported to Pine Cay and planted in the Diamond Jubilee Pineyard.    Established in May 2012 during the Diamond Jubilee of HM Queen Elizabeth II and coinciding with the International Day of Biological Diversity, the restoration habitat now boasts over 400 healthy young saplings – which should soon begin bearing their own seeds.   Caicos pine trees have been carefully tended in DECR’s CPRP nursery since 2009, following wild collection of seeds and a carefully-executed custom-made seed sowing protocol by Junel Blaise, Nursery and Maintenance Officer.

Blaise, along with supervisor Bryan Naqqi Manco, DECR’s Terrestrial Ecologist/ Environmental Officer, together manage the nursery with over 500 pine trees and upwards of 50 species of native plants, and tend to the ten miles of firebreaks and trails on over 1000 acres of pineyard, a critical habitat in North and Middle Caicos and Pine Cay.

Caicos pine’s population was reduced by 95% across TCI by the introduction of the invasive pine tortoise scale insect, but Pine Cay’s population has survived better than those on North and Middle Caicos.   The Diamond Jubilee Pineyard gives DECR and RBG Kew scientists a better understanding of successful methods towards the restoration of this globally imperiled ecosystem and a historically unique part of TCI’s natural and cultural heritage.

Karen Preikschat, Assistant Resort Manager of the Meridian Club, stated,  “I spent a very informative 1 ½ hours touring the control site and planting site on Pine Cay with Bryan Naqqi Manco.    Bryan took his time explaining the procedure that would be completed this week here on Pine Cay.   One of the most interesting facts I learned that the 157 trees that were planted were germinated from seeds from the Pine Cay trees.   I also learned how important controlled burning is for the survival of the Caribbean Pine.   I believe we need to take a closer look at the trees, shrubs and flowers that we import from other countries which are carrying pests that are endangering our local flora.”

CPRP staff members met with the Wildlife Management International team working on the Saving the Iguana Islands project, and agreed that it will be very interesting to see how recovering Turks and Caicos rock iguanas interacts with the recovering Caicos pine ecosystem.   In no other place does the endemic rock iguana naturally inhabit pineyard habitat, but with successful recovery techniques, Pine Cay’s historically natural ecosystem should become more intact.

Originally supported by the TC I Government’s Conservation Fund, later grants from the Overseas Territories Environment Programme and Darwin Plus funds kept the Caicos Pine Recovery Project well-funded until 2016.   The project is now supported with staff and transportation from DECR, but currently has no regular recurrent funding.

Following this outplanting event, the CPRP nursery has plenty of room to plant more seeds, which will grow into saplings that can be planted out in about three years.   The 200+ trees remaining in the nursery are from North and Middle Caicos populations, which are genetically different from Pine Cay’s trees.   They will be planted in the seed orchard at the Kew Agricultural Station (Government Farm) and hopefully on some protected sites on Middle Caicos soon.

Photo: DECR Nursery and Field Officer Junel “Flash” Blaise plants a Caicos pine sapling in the Diamond Jubilee Pineyard on Pine Cay to facilitate habitat restoration.

Press Release: TCIG

Continue Reading

News

UK Prime Minister Liz Truss forced to break tax cut promise

Published

on

By Dana Malcolm

Staff Writer

 

#UnitedKingdom, October 6, 2022 – A month into her tenure as Liz Truss, UK Prime Minister is going back on one of her biggest campaign promises to cut taxes for certain British citizens.

The tax cut in question had been part of the PMs signature campaign to ease the economic burden in the UK and one that she and former Finance Minister and candidate for Prime Minister Rishi Sunak had repeatedly clashed about. It would have seen the top earners, meaning anyone bringing in over £150 thousand a year, pay less money to the government.

Unfortunately the plan rocked Britain’s economy pushing the pound on par with the US dollar for the first time in years.

It is an economic blow, and at a time when families are already struggling with incredibly high energy bills and inflation. The money to find these tax cuts would have been borrowed an idea that her own party signaled it would vote against.  In addition to the economic impacts British citizens had also been strongly opposed to that facet of the economic plans.

In letting go of the tax cut, Truss said, “We get it and we have listened” the admission coming days after she defended it to the public.

Still there are parts of the larger package that will still go on which will afford tax cuts to lower income families and put a cap on energy costs.

Continue Reading

Bahamas News

Regressive recession looming, forces UN to issue Cease and Desist message to ‘big’ countries

Published

on

By Dana Malcolm

Staff Writer

 

October 6, 2022 – Central Banks in advanced nations must stop pushing up interest rates now or risk sending the globe into recession where developing nations suffer most according to the UN.

In the last several months, The U.S. Federal Reserve, the Bank of England and Bank of Canada have all spiked interest rates in an effort to control borrowing power, buying power and possibly push down inflation

A new report from the United Nations Conference on Trade and Development is warning them to cease and desist.

“The world is headed towards a global recession and prolonged stagnation unless we quickly change the current policy course of monetary and fiscal tightening in advanced economies.”  It said, mincing no words, the agency described the potential global recession as ‘policy induced’ by developed countries.   And this recession could be worse than the 2008 crisis.  This is especially true for developing countries like those in the Caribbean.

“While all regions will be affected, alarm bells are ringing most for developing countries, many of which are edging closer to debt default.” The agency said.

And if it happens the recession could set developing nations back years in the struggle to increase their standards of living.

“As climate stress intensifies, so do losses and damage inside vulnerable economies that lack the fiscal space to deal with disasters let alone invest in their own long-term development— The global slowdown will further expose developing countries to a cascade of debt, health, and climate crises.”

If the globe proceeds as is the world will lose 20 percent of its income by and push developing economies growth rate below 3 percent which the UN says  is ‘insufficient for sustainable development’

Continue Reading

Caribbean News

Inaugural FinTech Conference on now in Barbados

Published

on

By Sherrica Thompson

Staff Writer

 

#Barbados, October 6, 2022 – Barbados is now hosting the first-ever global fintech conference in the Caribbean.

Over 300 delegates from across the globe and varying sectors within the industry will be attending the event. It began on Wednesday October 5, concluding October  7 and is being staged at the Hilton Barbados.

The Fintech Islands conference will feature renowned fintech leaders delivering key addresses and over 20 hours of curated content. The mandate of the event is to create a world-class event that will be a catalyst for the growth of the fintech ecosystem in the Caribbean.

One major highlight of the conference will be the welcome address by the Prime Minister of Barbados, Mia Mottley, who will also host an exclusive VIP meet and greet.

Some of the major themes of the event that are relevant to the context of the Caribbean venue are Financial Inclusion, Climate Fintech, Cryptocurrencies and Decentralised Finance and Embedded and Open Finance.

The event will have a range of speakers from founders, CEOs and fintech leaders from North America, Latin America (LATAM), Europe and Africa.

Continue Reading

FIND US ON FACEBOOK

TRENDING