The new set of grants and loans from the International Fund for Agricultural Development (IFAD) will finance rural micro-finance projects, livestock support initiatives and natural resource management schemes among others.Some 60 per cent of IFAD’s ongoing programmes already promote rural financial services and institutions that help give the rural poor access to global markets and help them cope with shocks such as unexpected severe weather patterns and commodity price volatility.“Protecting and increasing the access of poor rural people to financial services is all the more important as the global financial crisis bites and as remittances shrink,” said IFAD President Kanayo F. Nwanze.The IFAD executive board has approved more than $131 million in loans and $63 million in grants along with around $9 million in grants to international research centres and intergovernmental organizations.Projects in Afghanistan, Benin, Burkina Faso, Burundi, China, the Dominican Republic, Ethiopia, India and Mali will benefit from the funding, as well as institutions, including the International Rice Research Institute (IRRI), the Food and Agriculture Organization (FAO), and the Economic Community of West African States (ECOWAS).Since 1978 IFAD has invested over $11 billion in grants and low-interest loans, helping approximately 340 million poor rural people increase their incomes, build livelihoods and have a voice in decisions affecting their lives. 30 April 2009Poverty eradication efforts in developing countries are set to receive a cash injection of over $200 million from the United Nations rural development arm this week to help off-set the impact of the global financial crisis.read more
A group of United National Party (UNP) members led by State Minister Palitha Range Bandara today confirmed that they will oppose the no-confidence motion against Prime Minister Ranil Wickremesinghe.Bandara said that he and 27 other UNP Parliamentarians who had earlier decided to back the no-confidence motion against the Prime Minister will now oppose it. (Colombo Gazette)
“The situation in the Middle East is very tense and is likely to remain so, unless and until a comprehensive settlement covering all aspects of the Middle East problem can be reached,” Mr. Annan reiterated in a report to the Security Council, which recommends that the mandate of the UN Disengagement Observer Force (UNDOF), set to expire on 1 January 2006, be extended through 30 June of that year.“Under the prevailing circumstances, I consider the continued presence of UNDOF in the area to be essential,” he said.He added, however, that money owed to troop-contributing Governments had grown from $13 million to $22 million since his last report. He called on all Member States to pay their assessments in full.UNDOF was established in May 1974 to monitor the Israeli-Syrian ceasefire in the Golan. As of 5 December, it had over 1,000 troops from Austria, Canada, Japan, Nepal, Poland and Slovakia and was assisted by 79 military observers from the UN Troop Supervision Organization (UNTSO).According to the report, in the past six months the ceasefire was maintained, except in the Shab’a farms area, which experienced activity originated from the area of operation of the UN Interim Force in Lebanon (UNIFIL).During the period, UNDOF helped the International Committee of the Red Cross (ICRC) with passage of 480 students and 488 religious pilgrims through the area of separation, as well as supervising the handover of a Syrian boy who had crossed the ceasefire line.It also provided protection for a wedding, as well as medical treatment, on request, to the local population. It remained available to help the UN Children’s Fund (UNICEF) to promote landmine awareness among the civilians living in the area, the report said.The Security Council is scheduled to start considering action on UNDOF next Friday, 16 December.read more
MONTREAL – Canada’s aerospace sector stands to get a boost from an international airlines group’s improving industry outlook, with profits expected to reach US$4.1 billion this year and US$7.5 billion in 2013.The International Air Transport Association on Monday raised its forecast for 2012 from US$3 billion, saying passenger numbers so far this year were robust.“Airlines are keeping their heads above water better than we expected,” IATA Chief Executive Tony Tyler told reporters in Berlin.But he noted that profits this year will still be less than half the US$8.4 billion that the industry earned in 2011.Tyler blamed Europe’s economic crisis, oil prices averaging US$110 a barrel, weak cargo demand and low business confidence for the slowdown.A profit of US$4.1 billion on industry revenues of US$636 billion equates to a margin of just 0.6 per cent, up from 0.5 per cent in the prior forecast, Tyler noted.Benoit Poirier of Desjardins Capital Markets said the improved profit forecast next year is positive for Canadian-based aerospace companies such as Bombardier (TSX:BBD.B), CAE Inc. (TSX:CAE), Transat A.T. (TSX:TRAZ.B) and Heroux-Devtek (TSX:TRZ.B) since profitability is typically linked to aircraft orders.“We believe the street will see the upward revision to IATA’s 2012 outlook and the solid improvement expected for 2013 as a positive surprise,” he wrote in a report.Poirier said the slightly higher forecasted profit margins demonstrates the considerable improvement in the performance of airlines in a challenging environment.In the past, slowing demand and increasing aircraft deliveries resulted in falling passenger load factors and aircraft utilization. This time, however, airlines have kept those numbers high.Europe’s airlines are expected to record a loss of US$1.2 billion this year due to the eurozone financial crisis and high taxation, IATA said.It projected a US$2.3 billion profit for companies in the Asia-Pacific region, despite a modest slowdown in the Chinese economy.“Chinese domestic demand is still growing at nearly 10 per cent and the demand for regional and long-haul travel, including in the premium classes, has held up better than expected in the face of economic uncertainty,” said Tyler.The greatest improvement is seen for North American carriers, where IATA raised its profit forecast by US$500 million to US$1.9 billion, thanks to cost savings.Middle East and Latin American airlines are also expected to post a profit, while African carriers will break even, said IATA.Tyler said the situation was likely to improve in 2013 as average oil prices ease to US$105 per barrel, and government and central bank measures push global GDP growth to 2.5 per cent from 2.1 per cent this year.The projected profits of $7.5 billion next year equate to a margin of 1.1 per cent on revenues of US$660 billion, IATA said.The group represents some 240 of the biggest international airlines worldwide.On the Toronto Stock Exchange, shares in Air Canada, Bombardier and Heroux-Devtek all increased in afternoon trading. CAE and Transat share were down.— With files from The Associated Press. AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to RedditRedditShare to 電子郵件Email by The Canadian Press Posted Oct 1, 2012 3:47 pm MDT Canadian aerospace sector expected to get boost from higher airline profitsread more
MONTREAL – Gildan Activewear is expanding U.S. production for the first time by investing US$85 million in yarn-spinning facilities in southern states, the maker of T-shirts, socks and other clothing said Thursday.The plants will employ hundreds of workers who will make yarn that will be transformed into clothes at Gildan’s low-cost centres in other countries and exported back to the United States duty-free.The Montreal-based company expects to hire about 200 additional workers at a new facility that will be built next year to make soft ring spun yarn. They will join 230 employees at two of its facilities that will be modernized and expanded in Georgia and North Carolina after taking full control of a joint venture earlier this year.Both states are among those that have enacted the pro-business right-to-work law banning mandatory union membership.The investment in U.S. manufacturing comes several years after it closed its high-cost apparel manufacturing in Canada and the United States and shipped jobs to Central America and the Caribbean.The capital expenditures will allow the company to expand its only U.S. manufacturing and take advantage of low electricity prices and technological expertise, says chief financial and administrative officer Laurence Sellyn.“This will be our first manufacturing major investment in the U.S.,” he said in an interview.“Yarn is the first step in the supply chain that consumes the raw cotton so it is good to do close to the raw material.”Ring-spun yarn is a softer material used in underwear and T-shirts that’s typically imported from Asia at a higher price. By making the yarn in-house, Gildan will develop closer relationships with farmers and produce a material that fetches a higher price.It will also be able to take advantage of the Central America Free Trade Agreement that allows duty-free importation of finished goods made from yarn spun in the United States or Central America.Gildan had considered establishing a yarn-spinning facility in Honduras but chose the U.S. mainly because of lower energy costs.Ring-spun yarn is not readily available in the U.S. but adding one of the largest such facilities in the United States will give Gildan a “strategic advantage” by allowing it to sell better products than its competitors, president Glenn Chamandy said during a conference call.“So we’re pretty excited about it, and having a domestic capacity at a favourable cost structure, we think, is going to give us significant cost advantage.”Gildan (TSX:GIL) also plans to invest $15 million next year on advertising in Canada and the U.S. to promote its Gildan and Gold Toe branded clothing as their sales are expanded next summer in major national and regional retailers such as Walmart.The company has hired New York-based agency DeVito/Verdi to oversee the print, TV and social media advertising.Gildan said Thursday it is raising its quarterly dividend by 20 per cent to nine cents US per share after achieving its most profitable quarter as earnings in the final period or its fiscal year was 84 per cent higher than last year, although slightly below analyst estimates due to an unanticipated expense.Gildan’s net income for the three-month period, reported in U.S. currency, jumped to $89 million or 73 cents per share. That’s up from $48.5 million or 40 cents of net earnings in the fourth quarter of 2011.After excluding restructuring and acquisition-related costs incurred during the fourth quarter, adjusted earnings were $94.9 million or 78 cents per share, a penny per share below a consensus estimate compiled by Thomson Reuters.Gildan said its adjusted earnings were reduced by two cents per share, or $2.4 million, following the settlement of a lawsuit with Fruit of the Loom affiliate Russell Brands, which accused it of trademark infringement and unfair competition for selling clothing it had improperly relabelled.Net sales for the three-month period rose to $561.6 million from $481.6 million a year earlier in 2011.Gildan said its net sales are expected to rise again in 2013, after growing 1.9 per cent this year to $1.9 billion for the 12 months ended Sept. 30. It expects to make between $2.60 and $2.70 per share in adjusted profits next year due to expanded sales and falling cotton prices.Tal Woolley of RBC Capital Markets said the guidance was in line with market expectations.“Our view is that these numbers are achievable in a reasonable operating environment, potentially giving Gildan some room to raise guidance as the year progresses,” he wrote in a report.Sales are expected to be $2.1 billion driven by $1.4 billion of printwear sales and $700 million from branded apparel.“Lower cotton costs will drive improved gross margins along with a more favourable sales mix, offset by higher promotions and other input costs.”On the Toronto Stock Exchange, Gildan’s shares gained 91 cents, or 2.75 per cent, at C$34 in afternoon trading. by Ross Marowits, The Canadian Press Posted Nov 29, 2012 3:51 pm MDT AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to RedditRedditShare to 電子郵件Email Gildan to employ hundreds as it sets up yarn spinning facilities in U.S. southread more
Click through to download the full press release and data table.Click to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window) UK bus and coach market rises 2.0% in Q1 2016, with 1,959 new vehicles registered.Minibuses fuel growth with 10.4% increase in registrations, balancing fall in bus volumes. Wednesday 25 May, 2016 New UK bus and coach registrations saw steady growth in the first quarter of 2016, according to data released today by the Society of Motor Manufacturers and Traders (SMMT).The British bus and coach markets rose by 2.0% in Q1, with nearly 2,000 vehicles registered in the first three months of the year. A rise in demand for new minibuses drove the growth, with the segment registering a strong uplift of 10.4% in the quarter, compensating for small declines seen in the single- and double-deck vehicle sectors.Mike Hawes, SMMT Chief Executive, said, “Following the significant increases we saw in the bus and coach markets last year, it is pleasing to see a positive start to 2016. However, given the nature of variability in demand in these sectors and continued uncertainty surrounding policy areas such as the Bus Services Bill, prospects for continued growth throughout the year should be considered cautiously.”read more
When David Lighty stepped onto campus in 2006, he was part of a high-profile freshman class. Now, as a fifth-year senior, Lighty sees some similarities between his class and this year’s freshmen. “With the class they have coming in and the number they have coming in, it’s pretty much just like my freshman year,” Lighty said. “It’s happening all over again.” Deemed the “Super Six,” this year’s freshman class is drawing comparisons to the class of ‘06. That year, then-freshmen Greg Oden, Mike Conley Jr., Daequan Cook and Lighty helped the Buckeyes to a National Championship appearance. The hype that surrounded Oden and company is again in Columbus. Coach Thad Matta compared Oden, Conley Jr. and Cook to this freshman class, because many of them have played more than 200 games together throughout high school and Amateur Athletic Union basketball. That familiarity showed and will likely help this year’s class in the early going. This class also allows Matta to have more depth than last year’s six- or seven-man rotation. “One of the coaches said to me the other day, ‘It’s exciting that all 10 guys get along on the court,’” Matta said. “And that’s the exciting thing. I think we can have a deeper bench.” In the 2006-07 season, the Buckeyes went nine deep, which proved beneficial in both the Big Ten and NCAA tournaments. There are even more similarities when comparing the individual players of each class. Oden was Indiana’s Mr. Basketball, a McDonald’s All-American and won a state championship his senior year in high school. Freshman Deshaun Thomas earned the same honors playing at Bishop Luers in Fort Wayne, Ind. But Thomas isn’t the most hyped player in his class. That honor goes to fellow All-American Jared Sullinger. Regarded as one of the premiere freshman in the country, Sullinger is arguably the most high-profile freshmen in Columbus since Oden. Thomas might be more comparable to Cook in his ability to create instant offense. Lighty said Thomas is a great shooter and has the ability to take the ball into the post and score. Although it’s not clear if Thomas will work more at forward or guard for the Buckeyes, he has demonstrated his ability to light up the scoreboard. Point guard Aaron Craft was one of Sullinger’s AAU teammates, like Conley Jr. and Oden were. Matta said he likes what he’s seen from the freshman ball handler. “I don’t think we’ve ever had a freshman come to camp more ready to go physically than he was,” Matta said. “One of the things we’ve asked him to do was work on his ability to knock down shots, and he’s shown his ability to do that. We’ve always liked his defense.” With the classes showing many similarities, there are expectations to match. But that doesn’t seem to bother Lighty and his teammates. “I started off with a national championship” appearance, Lighty said. “So hopefully we can end that way.”read more
MIAMI (WSVN) – The City of Miami has unveiled two new flags to honor fallen military veterans and public service officers.The Honor and Remember and the Honor and Sacrifice flags could be seen in the lobby of the city’s administrative building in downtown Miami, Tuesday.Tuesday’s ceremony was five years in the making and marks a step in the city’s effort to become more veteran and military friendly.City Commissioner Wifredo “Willy” Gort said, “I’m glad we have these flags here to remind us that we have to take care of our veterans that sacrifice themselves — not only themselves, their families, the people that serve go through a lot, also.”The honor and remember flag has been adopted as an official state symbol in 25 states, and it was unveiled as the 15th anniversary of the 9/11 attacks draws near.Copyright 2019 Sunbeam Television Corp. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.read more
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BNP Chairperson Khaleda ZiaA Dhaka court on Thursday fixed 25, 26 February for the next hearing of Zia Charitable Trust graft case against BNP chairperson Khaleda Zia and three other accused, reports UNB.Judge Md Akhteruzzaman of Dhaka Special Court-5 fixed the date for placing arguments of lawyer of accused Ziaul Islam Munna and Md Aminul Islam.BNP chairperson Khaleda Zia was present during the hearing.On 8 August 2011, the Anti-Corruption Commission filed the Zia Charitable Trust graft case with Tejgaon police station accusing four people, including Khaleda Zia, of abusing power in raising funds for the trust from unknown sources.
With the festive season approaching, keeping a tab on your weight can be a little difficult. A few precautions can be taken to avoid gaining excessive weight. Here are some suggestions form an expert.Binge-eating at odd timings is a holiday delight but going overboard is very unhealthy and very easy. Skipping meals to balance out festive eating is also a very bad idea, as it only makes one ravenous later. To avoid consuming a lot of calories, eat a filling, low-calorie snack or dish before leaving for a celebration. Protein, especially, will keep you feeling full, ensuring you only eat festival treats in small amounts. Also Read – Add new books to your shelfAlso try factoring in a few days of light eating prior to the festive season, in addition to consuming alkaline foods including spinach, broccoli and banana.The best way to control what you consume is to assume the role of the chef. Chefs have to do a lot of tasting and all that time spent in the kitchen does take the edge off hunger. Cooking, or at least deciding what is to be cooked and how, will allow you absolute control over the amount of calories you consume. Also Read – Over 2 hours screen time daily will make your kids impulsiveChoose the menu wisely, offer guests a range of healthy snacks. Grilling instead of frying, and steaming vegetables to retain nutrients are handy ways to reduce fat intake. Using a low-calorie spray oil is also a great way to roast food in a healthier manner.A fridge stocked with treats after celebrations are over, is not exactly your best bet. If you are the host, make sure to only order or cook as much as needed, carefully drawing up a menu and quantity list. Liquids are an important component of our diets, and binge consumption sessions are no different. A lot of times, our bodies mistake thirst for hunger, which leads to overeating. Craving snacks repeatedly can be a sign of dehydration. A good diet hack is to drink a glass full of water and wait for 10 minutes and then reconsider whether you want to give in to those cravings or not. Drinking other liquids is also a good solution to hunger pangs, especially having fresh home-made or cold pressed juice blends as perfect and delicious alternatives. This should not be an excuse to have ‘juice drinks’ (which are loaded with sugar and chemicals) or aerated drinks. Alcohol is another high-calorie liquid that should be consumed in moderation. Try beginning the night with a refreshing mocktail, and alternate each drink with water or juice. Choosing low-calorie alcohol, including drier varieties of white and red wine, gin, champagne and light beer is also advisable.The holiday season takes up a lot of energy, throwing us off the gym schedules and even our regular sleep cycles. Countering this disruption is important, even if the effort put in is minimal. So, working out for half an hour instead of your usual hour and a half is a much better idea than skipping gym entirely.read more
Source = e-Travel Blackboard: N.J It’s all heights on for the Ritz-Carlton Hong Kong who are ready to break at least one record when they open the doors to the world’s tallest hotel in the first quarter 2011.Located on floors 102 to 118 of the International Commerce Centre in the urban city of Kowloon, the hotel offers 312 guest room all equipped with the latest technology including WiFi and Ipod docking stations. “Hong Kong is one of the world’s great cities and we are delighted to be returning with such an iconic and dynamic hotel,” Ritz-Carlton Hotel Company President and Chief Operating Officer Simon Cooper said.“Modern in design, the hotel will be the heart and soul of Hong Kong and attract visitors from all over the world for its world class style, design, service and its landmark location.” The hotel will also feature one of the city’s largest ballrooms, four meeting rooms, an ESPA complete with treatment rooms and relaxation area as well as a fully-equipped fitness centre and indoor pool. The tower also offers six dining venues as well as 20 minute direct connections to Hong Kong International Airport. read more
August 20 , 2018 A range of New Zealand nurseries and orchards could lose up to a potential NZD1.5 billion (US$1 billion) due to an order given by the Ministry of Primary Industries (MPI) to destroy or contain 48,000 seedlings.The companies have gone to the High Court to revoke the order, which was given due to an inadequate or contradictory information from a U.S. facility that meant the material’s biosecurity status could not be guaranteed.The case affects apples, cherries, apricots and other types of fruits, according to local media Radio NZ.An audit in March found incomplete and incorrect record-keeping at a U.S. company, which led MPI to halt all imports from the company and begin seizing plants from five nurseries and a small number of growers. NZ: T&G Global posts H1 profit rise despite w … Zespri operating revenue exceeds NZ$3B for first t … You might also be interested in NZKGI hails success of labor shortage declaration … The cuttings, which were imported from 2012 to 2017, are said to have been caught up in a bureaucratic error. Even though MPI agrees there is no evidence of bugs or other biosecurity dangers, they say they had to seize the seedlings as a precautionary measure.”It’s been through a really rigorous quarantine process in the U.S. for about three years and then another two years in New Zealand,” Matthew Dolan, chief executive at New Zealand Plant Producers, was quoted as saying.”There have been a lot of eyes looking at this material. There is no real concern about its biosecurity status – it really about the documentation and record keeping relating to importation of the material.”As the plant material would be propagated into thousands of fruit trees in the future, the value of losses would grow over time, said Dolan.The seedlings represented new varieties of fruit, and so 10 years of breeding work could be wasted, he said.Grant Pearson, a lawyer acting for the Waimea Nurseries, one of the companies affected, said that nurseries and orchards face a NZD$1.5 billion loss. The amount covers future as well as past losses. NZ: Seasonal labor shortage declared for Bay of Pl …read more
RelatedSkyscanner sets out dynamic airline marketplace visionSkyscanner has launched a White Paper setting out its vision for dynamic airline marketplace in an era of evolving devices and frictionless booking.Affiliate deal widens horizons for ebookersA new deal has been struck between a flight bookings site and an affiliate travel network.bmi braves barcode booking and boarding in BelfastBelfast City Airport and leading UK airline bmi are set to break through the next frontier in paperless travel. Advanced XML technology is allowing airlines to integrate car rental ancillary product into their flight bookings systems, an online travel expert has claimed.Arthur de Perthuis, head of online travel sales at EMEA – Hertz Europe, told Eye For Travel that savvy airlines were now able to totally outsource their car rental deals, with low cost airline leading the charge.He told the site: “With the absence of the loyalty programme, they [low budget airlines] compensate by investing in new revenue streams which were quicker to implement than create a traveller database. Until an airline embraces XML technology, they will not benefit from the true additional ancillary revenue opportunity. Being able to dynamically offer real-time availability is key to maximising car rental penetration.”He added that major Hertz flag carrying partners such as Air France are also developing innovative services for passengers and taking advantage of the new era of airline booking and car rental collaboration.Nevertheless, Mr De Perthuis noted that carrier strategy is not as focussed on ancillary revenue channels as on the retention of high yield leisure and business travellers.ReturnOne wayMulti-cityFromAdd nearby airports ToAdd nearby airportsDepart14/08/2019Return21/08/2019Cabin Class & Travellers1 adult, EconomyDirect flights onlySearch flights Mapread more
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