OPPOSITION SAYS PREMIER IS OUT OF TOUCH FORCING BLACK MARKET BUSINESSES

first_img Olive branch extended by Opposition Leader, says it is time for Turks and Caicos leaders to unite Recommended for you Opposition Leader responds to Throne Speech  11 days later; says PDM Govt plan puts TCI in ‘deep doo doo’ Related Items:country poverty assessment, house of assembly, payroll tax, Pdm, pnp, premier rufus ewing, sharlene cartwright-robinson TCI Country Leaders condemn vicious memes Facebook Twitter Google+LinkedInPinterestWhatsApp Facebook Twitter Google+LinkedInPinterestWhatsAppProvidenciales, 03 Dec 2014 – The Premier, Hon Dr. Rufus Ewing still wanted to hit workers of the country with that Payroll Tax… he said so in the House of Assembly; perhaps making light, perhaps not: that imagine how much better the report would have been if we had gotten the payroll tax… some to Magnetic Media were shocked that while remarking on an $18.4 million dollar surplus, and with the cost of living so high and so hard for still so many; there would be that comment… with the Opposition holding a press conference Monday; we asked them their take on that remark. “Actually that should have been included in the statement as to why he got the ‘Alice in Wonderland Award’ … because at the end of the day, he is totally out and touch and clueless. He (Premier Rufus Ewing) has not come to grips with how bad people are hurting in this country. The House of Assembly, I posed a question as to how many businesses surrendered licenses and it was about four hundred and something businesses; and people will say that is high but I am telling you that his government has caused an enlarging of the black market; a lot of people are doing business and government is losing revenue.” Hon Sharlene Robinson, leader of the PDM explained that the economy is performing well, but the recent Country Poverty Assessment gave hard facts that lots of residents are hurting. “…from the Country Poverty Assessment Report it says that 60% of persons living in the Turks and Caicos cannot pay all of their bills in one month; so is it trickling down? No!” last_img read more

Christie admits to not wanting to pay Police Overtime

first_img Recommended for you Facebook Twitter Google+LinkedInPinterestWhatsApp Related Items:#magneticmedianews, #Nottage, #PerryChristie, #PoliceOvertime Facebook Twitter Google+LinkedInPinterestWhatsAppBahamas, July 4th 2017 – Nassau – Former Prime Minister Perry Christie has revealed that he was at odds with the late Dr. Bernard Nottage, former Minister of National Security over the issue of overpay owed to police officers.According to Christie, Nottage believed that police officers chose to not support the PLP during the elections, because the government lacked to pay them their overtime owed. Christie also admitted that when the Supreme Court Justice Milton Evan ruled the government either pay the outstanding overtime or give officers the equivalent in time off back in 2015, Nottage had to fight him to have the officers paid. Christie was leaning towards the idea of time off for the officers but Nottage fought back saying no.Christie also revealed that Dr. Nottage had planned to announce the overtime to finally be paid to officers at the PLP rally at R.M Baily Park in April, however he fell sick while on stage.Christie also said that Nottage was always very supportive of the force and fought hard for the compensation they have now received. Dr. Nottage passed away at Cleveland Clinic in Florida last week.Story By: Kay-Marie Fletcher#MagneticMediaNews Police Officers finally receive Overtime.last_img read more

Man shot and killed in El Cajon police investigating

first_img EL CAJON (KUSI) — A man was shot to death Saturday in El Cajon.At 5:44 p.m. El Cajon Police Department received calls on shots fired on Emerald Avenue.Authorities found a Hispanic male with gunshot wounds at the scene, and were unable to resuscitate him.Emerald Ave will be closed between Chambers and Washington while ECPD finishes its investigation.No further information was available. Man shot and killed in El Cajon, police investigating Categories: Local San Diego News FacebookTwitter September 29, 2018 Posted: September 29, 2018 KUSI Newsroom KUSI Newsroom, last_img read more

Apple CEO Tim Cook teases new services for 2019

first_img Tags Aug 31 • Best places to sell your used electronics in 2019 Apple What to expect from Apple in 2019 Boost Mobile All the cool new gadgets at CES 2019 Review • iPhone XS review, updated: A few luxury upgrades over the XR Sprint $999 $999 Tim Cook Apple • Apple CEO Tim Cook says Apple’s greatest contribution will be in health care. CNBC Apple plans to expand its growing stable of services this year with “material” new additions, Apple CEO Tim Cook said Tuesday during an interview on CNBC.”You will see us announce new services this year. There will more things coming,” Cook told CNBC’s Jim Cramer. “I believe they’ll be material over time. I’m not going to forecast.”Apple has been working on the new services for “multiple years,” Cook said, calling attention to the company’s efforts in health care.”This is an area that I believe, if you zoom out into the future, and you look back, and you ask the question, ‘What was Apple’s greatest contribution to mankind?’ It will be about health,” Cook said.But Apple also likely has more than health in mind for new services this year. It’s widely expected that the company will unveil a long-rumored TV streaming service, along with a subscription news offering. See All Comments See It See It Mentioned Above Apple iPhone XS (64GB, space gray) Apple has made a big push into the health and fitness industry, providing more health data to people through its devices, including step-counting on the iPhone and heart-rate tracking on the Apple Watch.Cook said features like the ECG app on the Apple Watch Series 4, which monitor the electrical patterns of your heart rate and analyze them for potential health issues, are helping with “democratizing” health care.”We are taking what has been with the institution and empowering the individual to manage their health. And we’re just at the front end of this,” he said. “But I do think, looking back, in the future, you will answer that question: Apple’s most important contribution to mankind has been in health.” Now playing: Watch this:center_img 85 Photos Apple iPhone XS CNET may get a commission from retail offers. See It 7:35 CES 2019: See all of CNET’s coverage of the year’s biggest tech show. CES schedule: It’s six days of jam-packed events. Here’s what to expect. Sep 1 • iPhone 11, Apple Watch 5 and more: The final rumors See it Aug 31 • iPhone XR vs. iPhone 8 Plus: Which iPhone should you buy? Preview • iPhone XS is the new $1,000 iPhone X $999 Best Buy Share your voice 2 reading • Apple CEO Tim Cook teases ‘new services’ for 2019 $999 Phones Sci-Tech Aug 31 • Your phone screen is gross. Here’s how to clean itlast_img read more

Fairfax India Holdings Corp gets initial approval to buy Catholic Syrian Bank

first_imgFairfax India Holdings Corp. is close to investing and acquiring a majority stake in Catholic Syrian Bank(CSB) after receiving an unoffocial by the Reserve Bank of India (RBI) marking the first takeover of a local private bank by a foreign investor.Prem Watsa, the Canadian billionaire and owner of Fairfax India Holdings Corp. met RBI governor Urjit Patel and deputy governors S.S. Mundra and R.S. Gandhi on Friday according to DealStreetAsia.The Catholic Syrian Bank Limited, one of India’s oldest private sector lenders is an Indian private sector bank with its headquarters at Thrissur, Kerala, India. According to Economic Times who cited sources said Fairfax is likely to have 15% voting rights in CSB.The Fairfax proposal is expected to be heard by the board of Catholic Syrian Bank on Tuesday and Wednesday. LuLu Group MD Yusuffali M.A., Federal Bank, Bridge India Fund, and Edelweiss Finance and Investments are some of the shareholders of Catholic Syrian Bank.However, the deal that is expected to involve an equity infusion by Fairfax will still require a final nod from the central board of RBI and several insiders such as S. Santhanakrishnan, chairman of Catholic Syrian Bank have declined to deny or accept the developments.”We do not comment on any market rumours or speculation,” Harsha Raghavan, managing director and chief executive of Fairbridge Capital Private Ltd, a Fairfax unit said according to DealStreetAsia.RBI’s changes in regulation that were introduced in May, to allow regulated, well-diversified and listed or supranational institutions to own up to 40%ownership in private banks were also measured with exemptions “as permitted on a case to case basis.”The new rules have capped Foreign direct investment or shareholding in a private sector bank by foreign entitiesin private banks at 74%. The RBI had also retained a provision under which investors have to seek its permission to increase shareholding/voting rights to 5% or more.The bank has been seen as a lucrative investmentand and has often been on the takeover radar of bigger banks and corporates.  Compare to the same as September 2015, this year, the bank reported a net profit of Rs5.3 crore as compared to the loss of Rs 40.5 crore last year. Its gross non-performing assets dropped to Rs462.7 crore at the end of September, from Rs503.6 crore a year ago. Gross bad loans stand at 5.7% of advances.last_img read more

Warren Buffetts annual letter to investors 15 biggest stock investments

first_imgWarren Buffett, founder of Berkshire Hathaway. (File picture)ReutersBillionaire investor Warren Buffett revealed his much-anticipated letter to Berkshire Hathaway shareholders on Saturday.Buffett’s letter to his company’s shareholders, an annual exercise undertaken for more than 50 years, is a closely watched event on Wall Street as investors parse the statement for insights and wisdom on the economy and financial markets.The entire letter can be found here.Here are some of the key highlights from the 16-page letter:In 2017, Berkshire saw its net worth grow $65.3 billion, boosting its per share book value by 23 percent. Of the total, only $36 billion came from Berkshire’s business operations while the remaining $29 billion was delivered when Congress rewrote the U.S. Tax Code. Buffett flagged risks associated with bonds. He said it is a terrible mistake for investors with long-term horizons – among them, pension funds, college endowments and savings-minded individuals – to measure their investment “risk” by their portfolio’s ratio of bonds to stocks. Often, high-grade bonds in an investment portfolio increase its risk. Buffett listed out fifteen common stock investments that at year-end had the largest market value. The stocks included, American Express, Apple Inc, Bank of America, The Bank of New York Mellon, BYD Co, Charter Communications, The Coca-Cola Co, Delta Airlines, General Motors, The Goldman Sachs Group, Moody’s Corp, Phillips, Southwest Airlines, U.S. Bancorp and Wells Fargo. Buffett said that the company’s search for new stand-alone businesses continues. The key qualities we seek are durable competitive strengths, able and high-grade management, good returns on the net tangible assets required to operate the business, opportunities for internal growth at attractive returns; and, finally, it should be available at a sensible purchase price. Buffett, 87, did not divulge much details on his successor. In January, he had narrowed down the list of people who could replace him to two veteran Berkshire executives, Greg Abel and Ajit Jain. “You and I are lucky to have Ajit and Greg working for us,” Buffett told shareholders at the end of the letter.last_img read more

McDonalds halal meat sparks row on Twitter netizens threaten to boycott food

first_imgSharia compliance? Why McDonald’s Why? Jhatka is the new thing! Should have gone with Jhatka meat McDonald’s is facing severe criticism over their tweet for serving halal meat.Getty images- Justin Sullivan / StaffThe fast-food chain McDonald’s has got itself tangled in a religious matter and is being grilled on social media after they tweeted to one of its customers saying that the chain only serves “halal meat”.”All our restaurants have HALAL certificates. You can ask the respective restaurant Managers to show you the certificate for your satisfaction and confirmation,” tweeted McDonald’s India. The tweet has sparked a lot of controversies by several sects of people that it became a trending topic on Twitter.This tweet from McDonald’s India came as a response to another Twitter user’s (hibailyas89) query On Thursday, August 22. The user asked McDonald’s whether their restaurants in India have a halal certificate.McDonald’s is facing severe criticism over their tweet for serving halal meat that several netizens have started a social media campaign for boycotting the restaurant chain. #BoycottMcDonalds has become a major trend on Twitter where social media users have called out McDonald’s for serving halal meat in a country, where the Muslim population is a minority.Many people have also come up asking for Jhatka (Chatka) meat rather than having halal meat. Jhatka is the meat from an animal killed instantaneously, such as by a sword or axe to sever the head and is associated with this kind of animal slaughter in the Hindu and Sikh traditions.Here’s how Twitterati reacted:-Forcefully Halal?last_img read more

London murder rate overtakes New York

first_imgA guardsman is reflected in a puddle as he sits on his horse while tourists photograph him, in London Photo : ReutersLondon police investigated more murders than their New York counterparts did over the last two months, statistics show, as the British capital’s mayor vowed to fight a “violent scourge” on the streets.There were 15 murders in London in February against 14 in New York, according to London’s Metropolitan Police Service and the New York Police Department. For March, 22 murders were investigated in London, with 21 reports in New York.In the latest bloodshed, a 17-year-old girl died on Monday after she was found with gunshot wounds in Tottenham, north London, a day after a man was fatally stabbed in south London.”The Mayor is deeply concerned by violent crime in the capital – every life lost to violent crime is a tragedy,” a spokeswoman for Mayor Sadiq Khan said in a statement on Tuesday.”Our city remains one of the safest in the world … but Sadiq wants it to be even safer and is working hard to bring an end to this violent scourge.”Including January’s figures, New York had still experienced more murders so far this year than London. The cities have a similar-sized population.Gun violence is much less of a problem in Britain, which has strict gun control laws, than in the United States, and most British police are not equipped with firearms.But British politicians and police are increasingly expressing concern about London’s rising murder rate, which is driven by a surge in knife crime. Of the 47 murders in London so far this year, 31 have been committed with knives.Britain’s interior ministry said it was consulting on new laws to further restrict dangerous weapons, including banning online stores from delivering knives to residential addresses and making it an offence to possess certain weapons in public.”This government is taking action to restrict access to offensive weapons as well as working to break the deadly cycle of violence and protect our children, families and communities,” a Home Office spokesman said.Khan, who has been in office since May 2016, is from the opposition Labour Party. Before him, Conservative Boris Johnson was mayor for eight years. The national government has been run by the Conservatives since 2010, with Prime Minister Theresa May previously serving as interior minister from 2010 to 2016.last_img read more

Ozil departure puts focus on German relations with Turkish community

first_imgTurkish president Tayyip Erdogan meets with Arsenal`s soccer player Mesut Ozil in London, Britain on 13 May, 2018. Photo: ReutersGerman soccer player Mesut Ozil’s decision to quit the national team due to “racism and disrespect” he faced over his Turkish roots threw a spotlight on Monday on the country’s relations with its largest immigrant community.The most prominent German politician of Turkish origin said it would be difficult for the head of the national soccer association to stay in the role, adding that Ozil’s departure would only be welcomed by those who opposed diversity.Ozil’s announcement on social media late on Sunday lead national newspapers to clear their front pages for the midfielder, 29, a key member of Germany’s World Cup-winning side in 2014 – and also of the side eliminated at the group stage of the 2018 tournament in Russia.The player, who faced a barrage of criticism for having his photograph taken with Turkey’s authoritarian President Tayyip Erdogan in May, was especially piqued by criticism from German Football Association (DFB) head Reinhard Grindel, who he said blamed him for Germany crashing out of this year’s tournament.Cem Ozdemir, the former head of the Greens party and the most prominent politician of Turkish background, said it would be difficult for Grindel to do his job in future given the diverse reality of Germany and its soccer team.”It will be very hard for Grindel after this,” he told Deutschlandfunk radio. “He doesn’t reflect the breadth of football in Germany and so it will be hard for German Turks, or indeed German Croats, to feel that the DFB is theirs.”Former DFB President Theo Zwanziger was quoted in German media as saying the DFB had not done enough to solve conflicts ahead of the World Cup.”Communication mistakes mean something happened that should never happen to migrants: They should never feel like second-class Germans,” he said, adding: “Ozil’s resignation is a major setback for integration efforts beyond football in our country.”A spokeswoman for Chancellor Angela Merkel said on Monday that that the majority of the roughly 3 million people with Turkish roots who live in Germany were well-integrated.She also said people with migrant backgrounds were welcome in Germany and added that the German chancellor valued Ozil.The row comes amid a political debate in Germany about an influx of 1.6 million migrants since mid-2014 that has seen a rise of the far right Alternative for Germany (AfD) party at the expense of traditional parties.It also exposed differences of opinion over the country’s large and well-established Turkish community.Just as 2014’s victorious German side was celebrated for its diversity, so too was France’s World Cup-winning team in 2018 for having numerous key players with African ethnic roots.CRITICISM AND PRAISEBut the mass-selling newspaper Bild accused Ozil of “pure self-pity” and its editor highlighted his decision to post in English, accusing him of trying to maximise his audience.Ozdemir said that even if Ozil had been naive, however, his departure would be “good news for Erdogan, for the AfD, all those who are against diversity.”Alice Weidel, leader of the AfD, wrote that: “The integration dream doesn’t work even with football millionaires,” describing Ozil’s “tirade” as a “typical example of failed integration”.In Turkey, however, politicians heaped praise on the player and lashed out at those who had abused him.”We support from the heart the honourable stance which our brother Mesut Ozil has displayed,” Turkish Sports Minister Mehmet Kasapoglu wrote on Twitter on Sunday night.”What Mesut Özil went through and how he was treated is unforgivable. There is NO excuse for racism and discrimination,” Gulnur Aybet, a senior adviser to President Tayyip Erdogan wrote on her Twitter account.Erdogan’s spokesman Ibrahim Kalin wrote on Twitter on Sunday after Ozil released his statement:”An extremely accomplished footballer provides a perfectly reasonable explanation for meeting with President Erdogan. But imagine the pressure under which he felt compelled to make this statement. What a pity for those who claim to be tolerant and multiculturalist!”last_img

Houston Activists Urge Senator Cornyn To Show More Leadership To Fix DACA

first_imgPhoto courtesy of Eli Magaña (SEIU Texas)Carlos Duarte (third from the left) listens to Jay Guerrero, regional director for southeast Texas for the office of U.S. Senator John Cornyn, (fourth from the left) as he speaks to a group of activists who went to Cornyn’s Houston office on February 2nd 2018 to urge the Senator to show more leadership as Congress negotiates a permanent solution for the ‘dreamers ‘.A group of political and pro-immigration reform activists told Friday, February 2, staffers for U.S. Senator John Cornyn they want him to show more leadership regarding a solution to protect from deportation people who benefited from the expiring Deferred Action for Childhood Arrivals program, commonly known as DACA.The activists represented United We Dream, SEIU Texas, Indivisible Houston, Pantsuit Republic, Mi Familia Vota and RefuseFascism.orgThey gathered at the Houston office Cornyn (Republican-Texas) has at 5300 Memorial Drive on Friday morning and some of them talked to Jay Guerrero, who is in charge of the Senator’s office for southeast Texas.Donna Murphey, chair of the group Pantsuit Republic in Texas, said they told Guerrero they expect “more leadership from John Cornyn because everything that we have seen to date has suggested that he’s been very public about his support for militarization of the border and he’s not been very public about his supposed support for a path to citizenship for dreamers.”Clean DREAM Act“He really doesn’t have to use much political capital,” Murphey commented and added what her organization would like to see is Cornyn –who is the GOP Whip in the U.S. Senate— supporting a clean DREAM Act, namely a law that would provide a permanent solution for DACA, which former President Barack Obama established in June of 2012 and that the Trump Administration has decided to rescind, without setting as a condition strengthening immigration enforcement measures.Jonathan Zapeta, a member of United We Dream, was present during the meeting with Guerrero and noted that he is “not optimistic because the Republicans keep pushing for this militarization.”“As a Whip, it’s his job to get, you know, support for bipartisan legislation,” added Zapeta.The political negotiation about the future of DACA recipients is important, among other reasons, because it could become a very relevant factor for Republicans and Democrats to reach an agreement about funding the federal government and, therefore, avoiding a second shutdown, which is something that might happen next Friday, February 9th.Given that Friday was Cornyn’s birthday, the activists gave his staffers a birthday card congratulating him for having been born in the United States and urging him to support a clean DREAM Act.Also this week, Laura Murillo, president of the Houston Hispanic Chamber of Commerce, urged Cornyn to work more actively towards a solution for the ‘dreamers’.Cornyn’s responseCornyn’s office informed Houston Public Media via email that, during an event held Friday in Corpus Christi, he said the ‘dreamers’ are “(…) a very sympathetic population of young people we’d like to get a permanent solution for, a path forward so they can become productive members of society and they don’t have to worry about their future or their family.”Additionally, the Senator noted during a recent media availability held in Austin that he supports “a solution for the DACA young adults.”Cornyn has introduced a bill to protect DACA recipients called the SECURE Act, which includes the bipartisan BRIDGE Act that was co-sponsored by Senator Dick Durbin (Democrat-Illinois), Senator Dianne Feinstein (Democrat-California), and Senator Charles ‘Chuck’ Schumer (Democrat-New York), among others. The legislation protects the status of DACA recipients for three years. Sharelast_img read more

Yahlive the Abu Dhabibased satellite joint ventu

first_imgYahlive, the Abu Dhabi-based satellite joint venture between SES and UAE satellite operator Yahsat, is the most popular satellite broadcast provider for Farsi-speaking viewers across the Middle East and south-west Asia, according to a report by Ipsos Connect.According to the research, Yahlive’s market share amongst Farsi speakers increased from 20% in 2014 to 34% last year. Among satellite users, Yahlive’s market share increased from 27% to 49% over the same period.The report found that Farsi-speaking DTH viewer numbers in Tajikistan exceeded two million in 2015, while viewer numbers of exclusive Farsi-based terrestrial networks in Afghanistan and the UAE reached 8.94 million. Combined, the total number of viewers of Farsi content over DTH Terrestrial Networks grew by approximately 50% between 2014 and 2015 from north of 26 million to 39 million.The research also found that Farsi-speaking DTH veiwers across the region grew by 75% from 16 million in 2014 tio 28 million in 2015.“Yahlive enjoys an impressive retention rate of 88% across Farsi-speaking communities who are found in multiple markets including Tajikistan, Afghanistan, Kurdistan, and the UAE. The show of loyalty for Yahlive programming is the highest in the industry, and this remarkable performance is directly linked to our efforts to deliver premium content that people want to watch time and again. The reliability of our broadcast also works in our favour with respect to winning followers as does our customer focus,” said Ammar Baranbo, chief operating officer of Yahlive.“For a community limited by the relatively small number of terrestrial Farsi language channels, satellite broadcasters pick up much of the responsibility for providing truly differentiated and compelling viewing content, and this is an area in which Yahlive has proven to be especially effective and highly successful.”last_img read more