PM Rowley to visit Europe, US, for talks with oil companies

first_imgPORT OF SPAIN, Trinidad, CMC – TT Prime Minister Dr. Keith Rowley is to visit Europe and the United States for talks with oil companies. He has urged opposition legislators to put aside partisan politics and hope for a fruitful outcome of the deliberations as Trinidad and Tobago seeks to improve upon its economic situation.“I leave here at the end of the month, I go to Holland, to meet Shell, I go to London to meet BP, I go to Houston to meet EOG and Shell and I am doing that, just wish us well,” Rowley told a late night sitting of the Parliament debating the Mid-Year Review for fiscal year 2019, presented by Finance Minister Colm Imbert.No panicRowley told legislators that his administration did not panic when the oil company, BPTT, issued a statement over the weekend indicating disappointing results “have had a material impact on our forecasted production especially in 2020 and 2021.“This means there are challenges to our supply of gas to Train 1 after 2019. BP along with Atlantic and its shareholders are working through options for the future of the train. The other three trains remain unaffected,” the company said, adding that its exploration and well work programs would continue as planned in 2019 and there is no impact to sanctioned projects, Angelin, Cassia Compression and Matapal.Inherent uncertainty“Despite BPTT’s recent exploration successes such as Savannah and Macadamia and ongoing success in the development of the Angelin field, these recent drilling results remind us that there is inherent uncertainty in the subsurface,’ BPTT added.But Rowley, just like Imbert before dismissed the “unwarranted negativity” that followed the BPTT announcement by certain sections of the media and the opposition.“This government make decisions. BP is up the east coast, they drilled…close to Tobago. Two of those wells were unsuccessful,” and the contract required more exploration.last_img read more

Facebook Now Recognizes Civil Unions, Domestic Partnerships

first_imgmike melanson In some ways, it’s actually extremely surprising that it took Facebook this long. After all, civil unions and domestic partnerships have both been around for many years now and have even achieved legal status in a number of states and countries. Of course, whenever something new is added, it immediately calls into question why other options aren’t available. Facebook-alternative Diaspora alluded to this when it made gender an open-ended text field rather than a multiple-choice question. Now that Facebook has gone a step further with its relationship options, how will it handle gender definitions? Will it remain binary or will it open up to more possibilities, as Diaspora did?Facebook had this to say on the topic: Facebook is Becoming Less Personal and More Pro… Tags:#Facebook#NYT#web Related Posts “This has been a highly requested feature from users. We want to provide options for people to genuinely and authentically reflect their relationships on Facebook.”center_img The Dos and Don’ts of Brand Awareness Videos Guide to Performing Bulk Email Verification Sometimes, websites like Facebook or Google make the tiniest change and it makes headlines. This is one of those times. Today, 600 million member strong Facebook added two new options to its list of relationship status possibilities: “In a civil union” and “In a domestic partnership.”It’s not that this change has wide-reaching effects in terms of usability or functionality, but rather that it is an acknowledgement and acceptance of newly adopted societal norms. It is a validation, by the site many people use to define themselves online, that same-sex marriages, civil unions and other non-traditional relationships have reached a level that deserve recognition.The Huffington Post’s Bianca Bosker first noticed the change, writing that the new fields are being rolled out in the U.S. and several other countries, including Canada, France, the U.K., and Australia and were introduced “in consultation with Facebook’s Network of Support.”We confirmed the new relationship statuses on our own accounts and took a screenshot of our own. A Comprehensive Guide to a Content Auditlast_img read more

No congregational prayers at Srinagar’s Jamia Masjid for 17th consecutive Friday

first_imgNo congregational prayers were offered at Srinagar’s Jamia Masjid — the grand mosque of Kashmir — for the 17th consecutive Friday since the Centre announced abrogation of Article 370 provisions on August 5 this year, officials said. Even though movement of public, private and transport vehicles was less on Friday compared to the previous day, shops and business establishments remained open till noon in most parts of Kashmir Valley and in some areas in the Civil Lines till late afternoon, they said. While there was a semblance of normalcy in the Kashmir valley over the past few weeks, a fresh shutdown started on Wednesday last week as posters threatening shopkeepers and public transport operators appeared at some places.The mosque in Nowhatta area in downtown Srinagar — the old city area — has been closed for prayers for nearly four months, officials said. People were barred from offering Friday prayers at the grand mosque after the Centre’s decision to abrogate the special provisions for Jammu and Kashmir given under Article 370 of the constitution as authorities apprehended that vested interests might exploit the large gatherings at the mosque to fuel protests. The officials said pre-paid mobile phones and Internet services continued to remain suspended. Separatists remained in preventive custody while the mainstream leaders, including former chief ministers Omar Abdullah and Mehbooba Mufti have been either detained or placed under house arrest. The government has also detained former chief minister and sitting Lok Sabha MP from Srinagar Farooq Abdullah under the controversial Public Safety Act, a law enacted by his father and National Conference founder Sheikh Mohammad Abdullah in 1978 when he was the chief minister.last_img read more

Mayweather, McGregor ticket prices dropping

first_imgLOOK: Venues for 2019 SEA Games MOST READ Don’t miss out on the latest news and information. View comments Jesse Lawrence of TicketIQ, a reseller and market analysis site, said promoters misjudged their market when they priced the arena from $2,500 in the upper sections to $10,000 at ringside. He said roughly 10 percent of the 20,000-seat arena remained for sale.There were also plenty of closed circuit seats available at hotels owned by MGM Resorts at $150 each.FEATURED STORIESSPORTSWATCH: Drones light up sky in final leg of SEA Games torch runSPORTSSEA Games: Philippines picks up 1st win in men’s water poloSPORTSMalditas save PH from shutoutWhile ticket sales have been spotty, the fight is still expected to do huge numbers on pay-per-view. Up to 50 million people are expected to watch the bout in the United States alone. LATEST STORIES UPLB exempted from SEA Games class suspension LIST: Class, gov’t work suspensions during 30th SEA Games Lyceum sweeps first round SEA Games in Calabarzon safe, secure – Solcom chief WATCH: Streetboys show off slick dance moves in Vhong Navarro’s wedding Brace for potentially devastating typhoon approaching PH – NDRRMC Onyok Velasco see bright future for PH boxing in Olympics PLAY LIST 00:45Onyok Velasco see bright future for PH boxing in Olympics05:25PH boxing team determined to deliver gold medals for PH00:59Sports venues to be ready in time for SEA Games01:37Protesters burn down Iran consulate in Najaf01:47Panelo casts doubts on Robredo’s drug war ‘discoveries’01:29Police teams find crossbows, bows in HK university01:35Panelo suggests discounted SEA Games tickets for students02:49Robredo: True leaders perform well despite having ‘uninspiring’ boss02:42PH underwater hockey team aims to make waves in SEA Games Catriona Gray spends Thanksgiving by preparing meals for people with illnesses SEA Games: PH’s Alisson Perticheto tops ice skating short program Floyd Mayweather Jr., center left, and Conor McGregor face off during a weigh-in Friday, Aug. 25, 2017, in Las Vegas. The two are scheduled to fight in a boxing match Saturday in Las Vegas. (AP Photo/John Locher)LAS VEGAS — Ticket prices for Saturday’s 154-pound fight between Conor McGregor and Floyd Mayweather Jr. are trending down, with many below the original list price.Some tickets at the T-Mobile arena could be had for as little as $1,100, while seats closer to the action were being listed on secondary markets for less than they originally cost. A day before the fight, there were also hundreds of tickets left at the box office.ADVERTISEMENT Read Nextlast_img read more

Wärtsiläs Engines to Power Four New LNG Carriers

first_imgzoom Finnish technology group Wärtsilä has been contracted to deliver 16 engines for four new LNG carrier vessels being built at the Hudong Zhonghua shipyard in China.Under the order, booked in August 2017, the company’s joint venture CSSC Wärtsilä Engine (Shanghai) Co would deliver the engines to the yard starting in the second half of 2018.Each of the four 174,000 m3 capacity vessels will be fitted with four Wärtsilä 34DF dual-fuel generating sets running primarily on LNG fuel to provide the ships with auxiliary power. Their total power output will be 56 MW.The LNG carriers are scheduled to be delivered commencing in 2019. According to data provided by VesselsValue, the ships are being built for Japan’s shipping major Mitsui OSK Lines (MOL).Wärtsilä informed that its 34DF engine, which features advanced dual-fuel technology, is used for both main engine and generating set applications. The Wärtsilä 34DF is manufactured in configurations from 6L to 16V, giving 500 kW per cylinder and a total maximum mechanical output of 8000 kW. The engine speed is 720 / 750 rpm.last_img read more

PrePuja Expo attracts handicraft lovers in Delhi

first_imgSetting the celebratory mood in the national capital ahead of the festive season of Durga Puja, a two-week long exhibition of exclusive and exquisite handloom and handicrafts creations of weavers and crafts persons from Bengal was inaugurated recently.The 8th Edition of ‘Bengal Pre-Puja Expo’ will go on until September 15, at Handloom Haat, Janpath. The initiative is being supported by the Departments of MSME and Textiles, Tourism, Backward Classes Welfare, Agricultural Marketing and Information and Cultural Affairs, Government of West Bengal. The Office of Resident Commissioner, Government of West Bengal, is coordinating event. Also Read – An income drop can harm brainArtisans from 12 districts of West Bengal are participating in the exposition which is aimed at promoting the rich and glorious tradition of Bengal handicrafts and handloom and also ensuring commercial benefits to the crafts persons and weavers ahead of the Durga Puja festival. The districts which are being represented are Nadia, Paschim Medinipur, Purba Bardhaman, North 24 Parganas, among others. Backward Classes Welfare Department, Government of West Bengal, has nominated 14 self-help groups to take part in the fair, so as to facilitate artisans belonging to marginalised sections of society. The exposition boasts of a range of beautiful handloom and handicrafts products, including ‘nakshi kantha’ (traditional needle craft), jute products, dokra ornaments, embroidered and hand-painted apparel, terracotta jewellery and patachitra (scroll painting). West Bengal Tourism, West Bengal Handicrafts Development Corporation, and Department of Agricultural Marketing have also set up stalls at the fair.last_img read more

INX Media case HC allows CBI to submit additional documents in Chidambarams

first_imgNew Delhi: The Delhi High Court Monday allowed a plea by the CBI for taking on record additional submissions in the anticipatory bail plea of former Union minister P Chidambaram in connection with the INX media case. Justice Sunil Gaur took the submissions on record and again reserved the order on the anticipatory bail of the senior Congress leader. The court had earlier on January 25 reserved its order on Chidambaram’s anticipatory bail plea in the cases lodged by the CBI and the Enforcement Directorate (ED). Also Read – How a psychopath killer hid behind the mask of a devout laity! In the INX Media case, the CBI had registered an FIR on May 15, 2017 alleging irregularities in the Foreign Investment Promotion Board (FIPB) clearance granted to the media group for receiving overseas funds to the tune of Rs 305 crore in 2007 during Chidambaram’s tenure as finance minister in the UPA I government. The ED lodged a money laundering case in this regard last year. In its application filed through central government standing counsel Ripu Daman Bhardwaj, the CBI said it wanted to file additional submission regarding ongoing investigation in larger interest of justice. Also Read – Encounter under way in Pulwama, militant killed Earlier, while opposing the anticipatory bail plea, the CBI and the ED had asserted that custodial interrogation of Chidambaram was required in the case as he was evasive during questioning. The high court had reserved its order and said that the interim protection from arrest granted to Chidambaram will continue till the decision is passed on his plea for anticipatory bail. It had on July 25, 2018 granted interim protection from arrest to Chidambaram in both the cases and it was extended from time to time. The senior Congress leader’s role had come under the scanner of various investigating agencies in the Rs 3,500-crore Aircel-Maxis deal and the INX Media case involving Rs 305 crore. It was during his tenure as finance minister that clearances from the FIPB were given to the two ventures. A trial court here had also on May 30, 2018 directed the ED not to take coercive action against Chidambaram in the Aircel-Maxis money laundering case. He was also granted protection from arrest in the Aircel-Maxis case, in which he and his son Karti have been named in the charge sheet filed by the CBI. The interim protection has been extended from time to time. Chidambaram’s petition had said that though no summons had ever been served on him by the ED in this case, he had an apprehension of arrest in view of the summons issued to him by the CBI, which was investigating the scheduled offence.last_img read more

Are Indian tariffs really high

first_imgThe Trump-driven trade war does not seem to relent. In the latest development, the US has raised tariffs on $200 billion worth of Chinese imports to 25 per cent, up from 10 per cent imposed last year. China, on its part, has threatened to retaliate. India has never been far from the skirmish. In fact, just a few days ago, US Commerce Secretary Wilbur Ross accused India of following restrictive trade policies that create significant market access barriers for foreign companies. The evidence of this claim, according to him, lay in the fact that the US was India’s biggest export market, accounting for a fifth of its total exports, while India was only the 13th largest market for American exports. India has been called out numerous times by the Trump administration before for its tariffs and duties on imports. In October last year, Trump himself dubbed India the ‘tariff king’. In March, he even expressed his intention of ending the favourable treatment that India enjoyed under the Generalised System of Preferences (GSP), which allows many products from developing countries like India to enter the US duty-free. Although the decision to revoke the GSP has been postponed until after the new government comes into power in India, the trade war is beginning to impact the country more directly. The fact that has particularly irked Trump is the substantial trade deficit that the US has with India to the tune of $24.2 billion in 2018. The question, thus, remains whether there is any truth to the claims of Trump and Ross with respect to India’s tariff structure. There is no second opinion about the fact that India imposes high duties on many items of import – 150 per cent on whiskey and wines; about 75 per cent on automobiles; 50 per cent on mango juice and so on. However, India is not alone in doing so and, in fact, it is also not close to the highest tariffs charged by other countries in the global economy. As per the World Tariff Policies 2018 published by WTO, the highest tariff charged by some of the major economies are 736 per cent by Japan, 807 per cent by South Korea, 350 per cent by the US, 163 per cent by Australia and 150 per cent by India. Merely looking at the highest tariff rate provides only a limited view of the country’s tariff structure. A better representation that takes into account all imported goods can be obtained by assessing the average tariff and trade-weighted tariff of the country. India’s average tariffs at 13.8 per cent turn out to be higher than most major trading economies like China (9.8 per cent) and the US (3.4 per cent). South Korea (13.7 per cent) is one of the few major economies that come close to India’s average tariffs. However, when the tariff rates are weighted by the volume of traded goods for a more accurate representation of imposed tariffs, the trade-weighted average tariffs for India fall to 7.6 per cent. This is much below Brazil’s 10.3 per cent and South Korea’s 9 per cent. Moreover, the trade-weighted average tariffs for industrial goods, which account for over 90 per cent of Indian imports, is merely 5.5 per cent. Finally, the Trump administration also needs to understand that trade imbalances are rarely a result of policy rather than competitive and comparative advantage. The bulk of Indian exports to the US comprise goods like gems and jewellery, textiles and apparel, IT services, generic drugs and refined petroleum products, where India possesses a comparative advantage of labour cost. The US, on the other hand, finds a similar advantage in the export of high-end manufactured goods like aircraft, medical devices, patented drugs and so on as it has a comparative advantage in their production. Tariffs have evidently played little role in defining such a trade portfolio. The US is also an exporter of capital to India in the form of foreign direct and portfolio investment. These provide huge returns to investors back in the US. Thus, running deficits in merchandise trade with the developing world is not a harmful outcome for the US but a reflection of where its competencies lie. Consumers are the only ones who gain with higher and freer trade. That being said, India must also make sure it reduces import duties and tariffs wherever it possible. In the automobile sector, for instance, Indian automakers need not be protected with 60-75 per cent import duties. The US is a major trade partner of India and both economies would be better off by adopting an accommodative stance rather than a combative one. The bilateral trade between the two countries has grown over six-fold in the last two decades from $20 billion in 2000 to $126 billion in 2017. The continued growth of this trade relationship will be a big win-win for the largest economy in the world and the fastest-growing one.(The author is Chair, Institute for Competitiveness, India. The views expressed are strictly personal)last_img read more

Gunmen kill Egypt antiterror officer ministry

first_imgCAIRO – Gunmen shot dead an Egyptian officer in charge of the Islamist Muslim Brotherhood file at the interior ministry’s national security agency, the ministry said on Monday.The officer was gunned down while in his car outside his home late on Sunday, it said.Security officials named the dead man as Mohamed Mabruk and said his work had focused on Islamist groups that have escalated their attacks since the July 3 overthrow of president Mohamed Morsi. One security official said Mabruk had been involved in drafting the charges against Morsi and Brotherhood chief Mohammed Badie that led to trials for both of them.Mabruk had been due to testify this week against the Islamist Morsi who is accused of working with groups such as Palestinian Hamas and Lebanese Hezbollah to escape from prison during the popular 2011 uprising that toppled Hosni Mubarak.Police said Mabruk was hit by seven bullets fired by three gunmen in the Cairo neighbourhood of Nasr City.A security official said the attack rattled the interior ministry and that it “will be investigated at the highest levels”.In a statement, prime minister Hazem al-Belawi condemned Mabruk’s “assassination by treacherous hands”.“The government will not tolerate criminal and terrorist groups who raise their arms to terrorise security officials,” Beblawi said.He said the authorities are “able to cleanse the country of all criminal hands, returning security and safety to all corners of Egypt”.No one has yet admitted responsiblity for Sunday’s attack.  Al-Qaeda-inspired groups have claimed previous attacks in the capital, including a September bombing that targeted interior minister Mohammed Ibrahim’s convoy.He survived the bombing.The attack on Ibrahim was seen as a precedent by Sinai militant groups that had previously limited their operations to the restive peninsula.Unrest has spiked in Egypt since the military overthrew Morsi more than four months ago.A subsequent crackdown against supporters of the Islamist leader and his Muslim Brotherhood has left more than 1,000 people dead and upwards of 2,000 behind bars.The army has also sent tanks and aircraft to north Sinai to battle Islamist militants who have killed more than 100 police and soldiers since Morsi’s overthrow.last_img read more

Ohio State womens soccer to battle Milwaukee in second round of NCAA

The Ohio State women’s soccer team continues NCAA tournament play Friday in a second-round matchup against Milwaukee at Duke’s Koskinen Stadium in Durham, N.C. The Buckeyes (11-8-2) pulled off a 3-0 opening round upset at regional No. 4-seed Tennessee last Saturday behind a pair of goals from junior forward Tiffany Cameron. For a team that had been in somewhat of a slump offensively to finish the regular season, the trio of goals was a welcome sign and what Cameron called “a great confidence booster.” “I was happy that I could redeem myself because the last game (a penalty shootout loss to Illinois in the Big Ten Tournament), I didn’t get any good shooting opportunities. I wasn’t really that dangerous,” Cameron said. “I was really excited that there was kind of like a second chance.” That second chance is being embraced by the entire team. After losing in the first round of the conference tournament, OSU was not expecting to receive a bid to the national tournament but was selected as an at-large team. After the Buckeyes made a run to the national semifinals in last year’s tournament, this year’s team is trying to prove people wrong, Cameron said. “I think that a lot of people last year thought that we got it easy … our selections and stuff,” she said. “We were the underdogs going into the (Tennessee) game so we felt great that we proved everyone wrong because I’m sure a lot of people thought we were going to lose. So, we just like to prove people wrong and come to play. I don’t think it matters, the rankings really. It just matters what team comes to play at the end of the day.” OSU will need to play at a high level against a Milwaukee team that is 19-2 on the season. The Buckeyes are 0-2 against the Panthers all-time, including a 2-1 loss in Columbus last season. “It’s kind of time to step up and see a different result,” coach Lori Walker said. “I think that we certainly have the talent and I think we play soccer well enough … it’s nice that other people believe in what we’ve been doing and have put us in a position to continue to compete. But ultimately right now, it’s about us surviving and advancing, finding ways to score goals.” Both Walker and Cameron agreed that the experience from going deep into last year’s tournament has been a benefit to the team. “It just adds a level of comfort to knowing how long the season can go,” Walker said. “A lot of players at this point in the season are tired emotionally, they’re tired physically. I think this group is just thrilled to still be playing and still be together and the energy at training has been really high. “They have nothing to lose at this point, it’s not like we’re trying to defend being the Big Ten champions, defend going to the (national semifinals), just come out and play. And so they’ve really taken the pressure off of them and they’re really just showing up and enjoying their time together and trying to advance.” The winner of OSU and Milwaukee will face the winner of Duke and Georgia at 1 p.m. Sunday at Koskinen Stadium. read more