Connect with us

world news

Coronavirus fears will not stop Summer Olympics in Tokyo

Published

on

#Japan, February 19, 2020 — Coronavirus will not stop the Tokyo Olympic Games this coming Summer says the International Olympic Committee, despite host-country Japan having the second highest number of recorded cases of the virus which originated in Wuhan, China.

While it is widely believed the outbreak of what is now officially named: Covid-19, will put a damper on the momentum of the Tokyo, president of the organizing committee, Yoshiro Mori told ESPN/AP “I would like to make it clear again that we are not considering a cancellation or postponement of the games. Let me make that clear.”

Tokyo Olympics Aquatic Center

In fairness, the surge in cases for Japan happened off the mainland.

Yokohama, Japan has been the home port of the Diamond Princess cruise ship where a plan to contain Covid-19 failed miserably.

Olympic Stadium in Tokyo

Some 3,700 passengers and crew were quarantined on board the vessel after an elderly man was tested positive for the virus upon disembarkation in Hong Kong; since then cases have mushroomed to 540 and now, countries are moving in to evacuate their citizens.

An 80-year old woman has died in Japan, south of Tokyo as a result of Covid-19 and IOC officials are adamant that these facts will not impact the hosting of the Games from July 24-August 9.

Over 11,000 athletes are expected to be resident in the Olympic Village and ticket sales are already passed the halfway mark with 4.48 million sold to fans within Japan.

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.

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

Thank you World Central Kitchen, nearly 10,000 hot meals served in TCI post-Hurricane Fiona

Published

on

By Dana Malcolm

Staff Writer

 

#TurksandCaicos, October 6, 2022 – In an amazing act of goodwill at a time when many islanders needed it most, globally acclaimed World Central Kitchen provided thousands of meals to Turks and Caicos islanders in the immediate aftermath of Fiona.

The meals were provided free of cost for almost a week; a blessing to those who were without electricity due to damages from the Category three hurricane.

The international organization is a non-profit, non-governmental organization devoted to providing meals in the wake of natural disasters. It was founded in 2010 by chef José Andrés and most notably prepared food in Haiti after the 2010 earthquake and Puerto Rico, following the harrowing hit from Hurricane Maria.

Since then World Food Kitchen has grown in scope and scale.

The WCK moves with incredible speed to mobilize hearty meal preparation and distribution centers with the help of their own organizers and actors on the ground in countries impacted.  It has been documented that their volunteers are some of the first responders providing hot meals to people of all nations after a disaster.

Fresh off of relief work in the Dominican Republic, they followed the track of Hurricane Fiona to the Turks and Caicos Islands where the southeastern islands were worst hit.

World Central Kitchen delivered an incredible service to multiple islands in the TCI, and the group supported local businesses as all food used for the hot meals were bought from local grocers and restaurants.

We learned that the team from WCK arrived the day after Fiona exited the British overseas territory and purchased food from IGA.

First stop for the food caravan was Grand Turk, where several times a day for the first few days hot meals were distributed. Next to receive the meals were Salt Cay and Middle Caicos; both by ferry.

In total WCK served 9,982 meals in the Turks and Caicos Islands; all of which were purchased directly from restaurants such as Bugaloo’s in Provo and MyDees in Middle, or the volunteers purchased ingredients from local supermarkets and assembled them on site.

Many of those thousands of meals were delivered by plane, still hot.

An incredible undertaking.

Continue Reading

FIND US ON FACEBOOK

TRENDING