Parliament paused due to technical problems

first_img Related Items:HOA had to be shut down due to technical problems, hoa in poor state, house of assembly may have to be shut down for as long as three months for needed repairs Facebook Twitter Google+LinkedInPinterestWhatsApp Facebook Twitter Google+LinkedInPinterestWhatsAppProvidenciales, TCI, July 26, 2016 – The House of Assembly had to be shut down for about an hour on Monday as the microphones were not working; this meant another halt to country business due to the faulty system.Deputy House Speaker, Hon Josephine Connolly who is chairing the sessions in the absence of House Speaker, Hon Robert Hall explained that due to leaks at the NJS Francis Building where the House is situated, there was damage to the audio system.  It rained over the weekend in the Capital.The shabby condition of the House of Assembly is not new and a report to Magnetic Media is that the HOA will actually have to be relocated for as much as three months in order for the desperate technical upgrades to happen.last_img read more

Police respond to accident in GraceBay

first_imgFacebook Twitter Google+LinkedInPinterestWhatsAppTurks and Caicos, March 6, 2017 – Providenciales –  Police and other emergency services yesterday were dispatched to a two motor vehicular accident in the Gracebay area of Providenciales.   Reports are that a vehicle overturned, persons are trapped and possible injuries sustained…Accident occurred at 9:36pm…#MagneticMediaNews ALERT # 2 ON POTENTIAL TROPICAL CYCLONE NINE ISSUED BY THE BAHAMAS DEPARTMENT OF METEOROLOGY THURSDAY 12TH SEPTEMBER, 2019 AT 9 PM EDT Electricity Cost of Service Study among the big agenda items at September 11 Cabinet meeting The Luxury of Grace Bay in Down Town Provo Facebook Twitter Google+LinkedInPinterestWhatsApp Recommended for you Related Items:#magneticmedianewslast_img read more

Study Tour for Environmental Stakeholders

first_img Related Items: Facebook Twitter Google+LinkedInPinterestWhatsApp Facebook Twitter Google+LinkedInPinterestWhatsApp#Jamaica, August 17, 2017 – Kingston – The Climate Change Division (CCD) of the Ministry of Economic Growth and Job Creation will be leading a study tour to the Wigton Windfarm and the Caribbean Coastal Area Management Foundation (C-CAM) on Friday, August 18, in an effort to sensitize environmental stakeholders to the day-to-day operations of the facilities.The tour, which is also aimed at highlighting ways in which the facilities contribute positively to the country’s climate change adaptation and mitigation efforts, will be done by representatives of the Division and the Meteorological Service of Jamaica as well as officers of the Ministry.Senior Technical Officer with responsibility for Mitigation at the CCD, Omar Alcock, said this tour, the first of several to be done throughout the year, is significant, as it fills the gap between the administrative and theoretical aspects of climate change adaptation efforts and the practical side.“So, a part of the tour is to get a visual of exactly what is happening on the ground. I am sure that, through this, persons will now become more familiar with the work taking place.   A lot of times we do presentations, go to meetings and do the administrative part of it, but this is to actually get an appreciation of what is happening,” he said in an interview with JIS News.Wigton Windfarm Ltd, the largest wind energy facility in the English-speaking Caribbean, is located in Rose Hill, Manchester, and currently comprises three plants – the 20.7-megawatt Wigton I, which began operating in 2004; Wigton II, an 18-megawatt extension facility that was commissioned in 2010; and Wigton III, the 24-megawatt expansion, commissioned in 2016.    C-CAM, located in Salt River, Clarendon, was established in 1997 to promote coastal conservation in Jamaica.The tour will feature a resource centre developed in 2015, which includes a library and teaching area for persons interested in learning about the environment, Jamaica’s endemic species and national adaptation and conservation efforts.Mr. Alcock said budgeting officers from the Ministry’s Finance Department will also be included in the tour to help foster a greater appreciation for the work being done, in order to more adequately treat with certain accounting items relating to the environment.The tour will include presentations and discussions outlining the effectiveness and achievements of the facilities and how they contribute to conservation of the environment.   This is a follow-up to a recent workshop by the CCD with budgeting officers of the ministries, departments and agencies aimed at highlighting the importance of including climate change-related matters in their budgets and clearly identifying instances where it is included.Upcoming study tours will include a visit to WRB Energy, a solar farm facility in Content, Clarendon, as well as one of the country’s hydroelectric power plants.last_img read more

Unai Emery sends out message to Arsenal fans

first_imgArsenal was defeated 2-0 by Tottenham at last Wednesday’s Carabao Cup quarter-final and Gunners manager Unai Emery wants his players to impress with great performance at Emirates Stadium.Gunners defeat on Wednesday is the fourth time Arsenal is being defeated this season but their coach is optimistic that future matches will be impressive and that he still has trust in his players.Speaking the official club website, Emery said:“Each match is very important and when other teams are winning, they are not stopping, they’re improving. We need, after our defeat in Southampton, we need the three points. But I am happy with the players. I think at the Emirates we are continuing strongly and for example, in the last match against Tottenham on Wednesday, the spirit is very good.”Jadon SanchoMerson believes Arsenal should sign Sancho Manuel R. Medina – September 14, 2019 Borussia Dortmund winger Jadon Sancho might be the perfect player to play for the Gunners, according to former England international Paul Merson.“The players pushed and the players created the chances, and now we continue working on our efficiency to score. I trust in my players, I trust in our strikers, and tomorrow we need every supporter to help us.”“We are also going to push to give them a good match with energy, by playing well, and also with the three points in victory. We will play with a big respect for Burnley because they are a very good team with very good players.”“They played very well organised and also defensively they are very strong, and they have the personality to play with the long ball, the second action, a lot of crosses and have players with quality to score. This is a big match tomorrow.”last_img read more

Penton Media to Evaluate Capital Structure

first_imgPenton Media is joining the growing list of over-leveraged trade magazine publishers trying to restructure their debt. In a memo to staffers this week, Penton CEO Sharon Rowlands said the company has hired global investment bankers Rothschild Inc. to assist with an evaluation of its current capital structure.  A review, presumably, is an initial step before Penton looks to renegotiate its debt structure with its major lenders. A Penton spokesperson did not immediately return a request for comment.  It’s no big surprise that Penton is reevaluating its capital structure.  Wasserstein & Co. acquired the company in 2006 for $194.2 million, plus assumption and payment of debt, putting the total value of the deal at $530 million. One media M&A observer contacted by FOLIO: estimated that Penton’s debt today could be “close to $1 billion.” A growing number of trade publishers have restructured their debt in recent weeks, including Cygnus Business Media, Advanstar Communications and Questex Media.Here is Rowlands’ memo:EVALUATION OF CAPITAL STRUCTUREAnnouncement for All Employees From CEO Sharon RowlandsOctober 7, 2009 TO PENTON EMPLOYEES:I wanted to make you aware that we have engaged Rothschild Inc., a leading global investment banking firm, to help assist us with the evaluation of our capital structure.This is good news for Penton. You have heard me say time and again that Penton’s priority right now is making sure we are positioned with the best products, structure, and resources to address the changing needs of our audiences to be the true heart of our markets, the must-have source of information, and to be the leader as the economy turns. And undoubtedly over the past months, we have made some strong strides—from our move to a market facing structure, to our new editorial optimization initiative, to our sales project, to large advancements in our online product structure and offering, we are putting in the necessary due diligence now to maximize our opportunity in the months and years ahead.A key factor in Penton achieving our long-term vision is ensuring we have a capital structure in place to allow us the flexibility to fully implement our strategies. This announcement will potentially result in the company substantially reducing the debt it has to service, which will allow us to better manage today and secure our future. Our shareholders have made a significant investment in the company and are actively working with management to ensure that we have the resources and support necessary to drive our business and value today and in the years to come.A review of our capital structure does not in any way affect changes in strategy, priorities, or focus. So please continue with business as usual, and I will keep you updated on any advancements. This action has no effect on our employees, vendors, or customers.Regards,Sharonlast_img read more