Government Pushing for Further Growth in 2015

first_imgStory HighlightsMinister of Finance and Planning, Dr. the Hon. Peter Phillips, says the Government will be pushing for even greater levels of economic growth in 2015.The current account of the balance of payments continues to improve, so too the holdings of foreign reserves, with the Net International Reserves (NIR) standing at over just over US$2.0 billion.The Finance Minister pointed out that international financiers have been paying close attention to the positive developments in the economy and have been giving solid support. Government Pushing for Further Growth in 2015 Finance & Public ServiceDecember 20, 2014Written by: O. Rodger Hutchinson FacebookTwitterWhatsAppEmail RelatedPrime Minister Breaks Ground for New Energy Efficient IDB Country Building Minister of Finance and Planning, Dr. the Hon. Peter Phillips, says the Government will be pushing for even greater levels of economic growth in 2015.“Last year, for the calendar year, we had about 0.2 per cent of growth…this year, the level of growth is about five times that. We want to ensure that next year, we can speak to an increase of the same magnitude or pretty close to it,” he stated.Dr. Phillips was speaking to JIS News following a tour of the Courtyard Marriott Hotel in New Kingston on Thursday (December 18), with President of the Inter-American Development Bank (IDB), Luis Alberto Moreno.He said the economy is heading in the right direction, with a number of developments that are creating conditions for economic success.The current account of the balance of payments continues to improve, so too the holdings of foreign reserves, with the Net International Reserves (NIR) standing at over just over US$2.0 billion.In addition, unemployment has declined, and there have been significant investments in sectors such as tourism and business processing and outsourcing (BPO) with the establishment of centres in various parish capitals across the country.The country’s business ranking and credit rating have also improved, reflected in a highly successful return to the international bond market in July, where US$800 million was raised.The Finance Minister pointed out that international financiers have been paying close attention to the positive developments in the economy and have been giving solid support.“The World Bank and the International Monetary Fund (IMF) have been providing approximately $2 billion to support the economic reform programme and our budget… so they are giving a considerable amount of budgetary support,” he said.He noted that the IDB’s investment support, in the building of the Courtyard Marriott, implementation of the Citizens Security and Justice Programme (CSJP), and the commitment to building new offices in Jamaica, signal the return of confidence by the international investment community.It was a point that the IDB President endorsed, stating that the bank firmly believes in Jamaica and the direction in which is it headed, as seen in its investment of US$1.3 billion in the country.Meanwhile, Ambassador Richard Bernal, who is Jamaica’s representative on the board of the IDB, noted that the Courtyard Marriott hotel is very important for Jamaica and the board is “very pleased” with its progress.“It is a good project for the President to view to see the kind of contribution the bank is making to Jamaica’s economic development,” he stated.The Courtyard Marriott is being developed by a group of local investors through support from the IDB. It is being constructed at a cost $1.75 billion and is expected to provide employment for approximately 430 Jamaicans. RelatedIMF Approves US$67 Million for Jamaicacenter_img Government Pushing for Further Growth in 2015JIS News | Presented by: PausePlay% buffered00:0000:00UnmuteMuteDisable captionsEnable captionsSettingsCaptionsDisabledQualityundefinedSpeedNormalCaptionsGo back to previous menuQualityGo back to previous menuSpeedGo back to previous menu0.5×0.75×Normal1.25×1.5×1.75×2×Exit fullscreenEnter fullscreenPlay Photo: JIS PhotographerPresident of the Inter-American Development Bank (IDB), Luis Alberto Moreno (L), and Minister of Finance and Planning, Dr. the Hon. Peter Phillips (2nd R), listen as investor Stephen Facey (right), explains the progress of work on the Marriot Courtyard Hotel, during a tour of the project in New Kingston on Thursday (Dec. 18). Minister of State for Foreign Affairs and Foreign Trade, Hon. Arnaldo Brown; and IDB resident representative Therese Turner-Jones, were also on the tour. RelatedIDB Commits to Supporting Growth in Jamaica Advertisementslast_img read more

Death Cab For Cutie Premiere New Single, Announce Tour Dates

first_imgDeath Cab for Cutie premiered a new song today, “Black Sun,” off their forthcoming album Kintsugi. The album is due out March 31st. The Seattle indie rockers have also announced a worldwide tour that begins with a North American leg. Watch the video for “Black Sun” here and check out when they’re coming to your city below.DEATH CAB FOR CUTIE 2015 TOUR DATES04/10 – Mesa, AZ @ Quail Run Park04/23 – Kansas City, MO @ Arvest Bank Theatre at the Midland ^04/27 – Atlanta, GA @ Fox Theatre ^04/29 – Nashville, TN @ Ryman Auditorium ^04/30 – Chicago, IL @ Chicago Theatre ^05/02 – Minneapolis, MN @ Northrop Auditorium ^05/04 – Milwaukee, WI @ Riverside Theater05/07 – Toronto, ON @ Sony Centre for the Performing Arts ^05/08 – Montreal, QC @ Metropolis Theatre ^05/09 – Portland, ME @ State Theatre ^05/12 – Louisville, KY @ Iroquois Amphitheater ^05/13 – St. Louis, MO @ The Pageant06/08 – London, UK @ O2 Shepherds Bush Empire06/09 – London, UK @ O2 Shepherds Bush Empire06/13 – Oslo, NO @ Rockefeller06/14 – Bergen, NO @ Bergenfest06/15 – Stockholm, SE @ Munchenbryggeriet06/23 – Zagreb, CH @ inMusic Festival06/27 – Dusseldorf, DE @ Open Source Festival07/12 – Hollywood, CA @ Hollywood Bowl *10/03 – Seattle, WA @ Paramount Theatre^ = w/ The Antlers* = w/ tUnE-yArDslast_img read more

Eidesvik, Lunding Norway Sign LNG PSV Charter Deal

first_imgEidesvik Offshore and Lunding Norway AS have entered into a contract for the LNG driven PSV Viking Queen .The contract for the PSV Viking Queen is for 15 wells with options for 5 more wells. Duration for the firm period is minimum 900 days.The work will start medio-ultimo 2014. Viking Queen will be upgraded with FI_FI II and NOFO 2009.“We are very pleased that we once again have been chosen by Lunding Norway AS, a company which is in an exiting development phase. For Eidesvik as a pioneer with the use of LNG as fuel for its PSVs, we appreciate a lot that Lundin once again charter in a LNG-fueled PSV to its portfolio”, says CEO and President Jan Fredrik Meling.[mappress]LNG World News Staff, January 23, 2014; Image: Eidesviklast_img

Ilongga boxer off to Olympics, Marcial books gold medal bout

first_imgCarlo Paalam, on the other hand, wasdenied the chance by the tournament to represent the flag and join Marcial andMagno in the Tokyo Olympics after a split decision defeat versus Kazakhstan’sSaken Bibbosinov in the flyweight division box off. Ilongga amateur boxer Irish Magno (red) books a ticket to the 2020 Tokyo Olympics after defeating Tajikistan’s Sumaiya Qosimova via unanimous decision in the 2020 Asia and Oceania Olympic Boxing Qualifying Tournament in Amman, Jordan yesterday afternoon. ABS-CBN NEWS Marcial, who is already off to the TokyoOlympics after reaching the semifinals stage, will meet Kazakhstan’s AbilkhanAmankul in his final mission of the tournament. The Iloilo City native-Magno, a 2019Southeast Asian Games Silver Medalist, used her size and power to overwhelmTajikistan’s Sumaiya Qosimova via a unanimous decision during their women’sflyweight division box off yesterday afternoon. MANILA – Ilongga amateur boxer IrishMagno booked a ticket to the 2020 Tokyo Olympics, while the already Tokyo-boundEumir Felix Marcial earned himself a shot for the gold medal in the 2020 Asiaand Oceania Olympic Boxing Qualifying Tournament in Amman, Jordan. The Filipina was dominant since theopening round with solid hits that rattled the younger Qosimova. Her powerfulblows then easily defeated the Tajik in the next two rounds. “I am so very happy, and I made itbecause of my coach Boy Velasco. This is for you coach,” said Magno, whowas relegated to the box off after losing to Indian Mary Kom in thequarterfinals on Monday night. On Tuesday evening, meanwhile, Marcial punchedhis way to the gold medal showoff of the men’s middleweight division of thetournament after a 4-1 victory over India’s Ashish Kumar in the semifinals bout.                The top-seeded Marcial was aggressive inthe opening round. However, the rangy Kumar started to find his stride in thesecond frame, with his jab landing on the defense of the Filipino boxer. However, it is not time to say goodbyeyet for Paalam, as he still has another shot in making it to the world’sbiggest sporting event if he achieves what is required in the Global Qualifiersin Paris, France next month./PNlast_img read more

Fulham boss keen to keep up the pressure on Cardiff

first_img[media-credit name=”© Adam Davy/PA Wire” align=”alignnone” width=”620″][/media-credit] See also:Fulham owner Khan in bid to buy WembleyQPR take another look at Fulham youngsterWhy does Khan want Wembley? And what might it mean for Fulham? Fulham boss Slavisa Jokanovic has challenged his players to be brave enough to pile the pressure on promotion rivals Cardiff as the season approaches its climax.The third-placed Whites head into Friday night’s clash with relegated Sunderland knowing victory will take them into second, for a few hours at least, before the Bluebirds travel to Hull the following day in the penultimate round of fixtures.Jokanovic is acutely aware that even victory over the Black Cats and at Birmingham on the final day of the campaign might not be enough to secure automatic promotion, but is looking to add two more victories to an unbeaten run of 22 games to keep the dream alive.AdChoices广告He told the club’s website: “We have positive pressure before we play against Sunderland. It’s important we don’t make mistakes, but the situation is completely under Cardiff’s control. If they win these two games, we cannot do anything.“In front of us are two ways of being successful: one is short [automatic promotion], another is longer [the play-offs]. We must be ready for both ways.“If you don’t finish second – which is more or less normal for us because we’ve never been in this position during this year – you must be brave, do your job, and see what happens.“In the middle of November, we started chasing the many teams above us when we were in 17th position. If somebody in that moment had offered us play-offs, I would have immediately signed that contract.” Sunderland travel south already facing life in League One next season following their second successive relegation.With Fulham and champions Wolves to come in their final two games, things could get worse before they get better, but manager Chris Coleman insists they will not be throwing in the towel.Former Fulham man Coleman said at his pre-match press conference: “The season is 46 games. I’m not complaining to anybody else because we have been relegated. It’s our fault, it’s our problem.“We’ll try to take care of our own business and if anybody is promoted or relegated it’s because it’s on them and it’s across the season.“We’ve got a job to do tomorrow night for our supporters and for the club. Yes, points in terms of us in the league standings, it’s not going to affect anything, but performance – we have got a duty to make sure we do our best tomorrow night.”center_img Follow West London Sport on TwitterFind us on Facebook [/media-credit] Fulham’s win at Millwall extended their superb runlast_img read more

Two Michigan Residents Injured in Fatal Indiana Police Chase after Retail Theft

first_imgTwo Michigan residents were injured, one critically, when their SUV was struck by a teenage driver being pursued by Indiana State Police after an alleged theft from a Meijer store. Miguel Linares Jr., 34, of Bloomfield Hills, suffered potentially life-threatening injuries in Saturday night’s collision in Warsaw, Indiana., police said. His passenger, Nora Linares, 35, also of Bloomfield Hills, suffered serious injuries.  Both were being treated at Parkview Hospital in Fort Wayne. The incident began about 9:20 p.m. Saturday when an Indiana state trooper responded to a reported theft at a Meijer store in Warsaw. Authorities said the trooper saw a Pontiac Grand Am matching the suspect vehicle’s description and attempted to stop it, but it fled east on U.S. 30. It drove through a red light at the intersection of the highway and Parker Street, crashing into three other vehicles, including the one driven by Miguel Linares. The two occupants in the Grand Am both died. The driver was identified by police as Jacob Slone, 19. The passenger was identified as Paige Jefferson, 16. Both were from Warsaw. [Source: Mlive] Stay UpdatedGet critical information for loss prevention professionals, security and retail management delivered right to your inbox.  Sign up nowlast_img read more

How Google Organizes the World: Q&A With the Manager of Knowledge Graph

first_imgRWW: Is working with third-party data sources, like the CIA World Factbook or Wikipedia, more challenging than working with Freebase data?EM: There is one really big challenge with using all these third-party data sources, and that is the reconciliation. Even internally, we just acquired Metaweb two years ago, and we already had massive amounts of data in certain areas, books and local maps data being two of the major ones. Both of those were far bigger than Freebase was, even when we acquired them. They had far more entities and information. Reconciling those with the new data sets was a major challenge. So reconciling those third-party data sets with the Knowledge Graph is a challenge, but it’s also something that Google is quite good at, these big-data problems. It’s no more difficult with third parties than it was with internal stuff.RWW: But do you have to correct things sometimes? How do you determine your confidence about whether the CIA World Factbook is right or Google is right?EM: We purposely try to show things that are definitely true – factual – not things that are subject to speculation or opinion, and we err on the side of facts. So if it becomes controversial, we might decide not to show it [in the Knowledge box]. We provide an externally available feed of updates that we’re making in Freebase. They’re supplied as potential edits to Wikipedia editors or things like that. The third parties have the choice of whether to update in response to these or not. We haven’t encountered any huge problems as far as validating new information from third parties.RWW: The Knowledge Graph seems like a big change to search. It’s providing more results right on the search page instead of sending users to websites. What happens to the Web?EM: Typically, Google’s goal has been to get users off the site and to their destination as quickly as possible, and I do think that, with Knowledge panels, the goal is different. It’s about getting information as quickly as possible, but it’s also about providing things you didn’t even know to look for. If you’re looking for a quick fact, and we can supply it, that’s great. If you’re looking for more in-depth information, that’s something we currently can’t do terribly well, and that’s why we provide ways to refine your query [and then direct you to Web results]. We think that webmasters and websites will ultimately benefit from that, if we’re able to direct users to the good content they’re actually looking for.RWW: What kinds of searches do you still need to implement?EM: Today, we address what I would call single-entity-seeking queries. In the future, we’d love to be able to address queries that are more about lists and collections. “What are the tallest mountains in India?”, or “What are the largest cities in the U.S.?” In order to understand that query, we have to understand cities, then we need to understand the U.S., then we need to understand that “largest” can refer to either population or area, and then we come up with a comprehensive list. Then we could get to something even more nuanced, like, “I’m looking for concerts within 50 miles of me on days when I’m free where it’s likely to have good weather.” That sort of thing requires tapping into more knowledge of the user, as well as all of this information.RWW: What interests you most about this project?The serendipity and discovery aspects are always interesting to me. The other day, I was looking at the [results of a] San Francisco query, and one of the points of interest mentioned was Angel Island. I clicked on Angel Island, and I saw this [“people also searched for”] recommendation offered for Ellis Island. It meant to me, “Wait a second. It can’t just be that these two things are islands. I’m guessing there was an immigration station at Angel Island.” And sure enough, I went and looked and discovered that. That’s what’s exciting to me about Knowledge Graph, and if we can ultimately explain those relationships to users, that’s when it becomes even more inspiring. Tags:#Google#web A Web Developer’s New Best Friend is the AI Wai… jon mitchell 8 Best WordPress Hosting Solutions on the Market In May, Google launched a major overhaul of its search results. The Knowledge Graph on the right-hand side of the page displays facts and images about the subject of your query alongside the usual Web results. Google is moving away from basic keyword matching and toward recognizing real-world things and their relationships. We sat down with Emily Moxley, Google’s lead product manager for the Knowledge Graph, to learn how Google is tackling this challenge.ReadWriteWeb: What is Google’s goal with the Knowledge Graph?Emily Moxley: It’s about mapping the real world into something that computers can understand. It’s all about taking real-world objects, understanding what those things are and what the important things about them are, and also their relationship to other things. That’s the part I find the most fascinating: What is the relationship between all these different things?RWW: How did you come to work on the Knowledge Graph?EM: I’ve been here for three years, and I started off working on user experience, running lots of experiments and understanding how users scan the page and how they really use search. That culminated last summer in a page redesign. As part of that project, we came up with this product idea of the Knowledge Graph.RWW: Is the Knowledge Graph idea as recent as last summer?EM: It’s building on stuff that’s been developed for quite some time. Freebase [semantic database software] and [its publisher] Metaweb have been around for five years. We bought them two years ago. It’s been building off of that. We took the data they had, packaged it into this [Knowledge Graph] UI, and it shows on many more queries than it ever has before. It shows on as many queries as Maps shows on.RWW: How do things get added to the Knowledge Graph? Does it learn new concepts from users?EM: It’s very actively maintained by Google employees. Metaweb, before, was this repository of entities and facts, and [the company’s employees] were very much using their intuition about what people cared about and what information to go find. Since they’ve been acquired by Google, Google has all these users looking for information, and from that, we’re able to see what things are interesting about the world. Through that, we’re able to grow the Knowledge Graph in an efficient direction. We usually find that the users’ interests match our intuition, but there are serendipitous things that wouldn’t necessarily match your intuitions. Google knows that people who query for one thing also query for this other thing. So you see some interesting relationships when you look at aggregated user sessions. One of the next steps is actually explaining those serendipitous relationships. So what is it about this collection of actors that’s similar among them? What is it about this movie that explains why people often search for these five movies together?RWW: How does news or new information play into this? When things change, how does the Knowledge Graph change?EM: This is a case where we’re able to tap into a number of different signals that tell us this thing is popular right now. Search is one of them, Google News is another. These tell us something’s going on here, and we need to take a look and possibly make a change. The other way is through user feedback. We tried to create a very easy user feedback mechanism and tap into the things that our users know. That’s something we can do at such a big scale that we’re able to correct a fair number of things that way. We measure ourselves, and we do quite well, but we know we’re not going to be perfect, so we rely on people letting us know when we have something wrong. Related Posts Why Tech Companies Need Simpler Terms of Servic… Top Reasons to Go With Managed WordPress Hostinglast_img read more

Maintaining a Software-Obsessed Tech Industry is Self-Sabotage

first_imgRelated Posts Can we see that maintaining a software-obsessed tech industry is self-sabotage? As a venture capitalist, I know there’s incredible excitement around quantum computing. Yet, as a material scientist, I also see the technology is at least five years away from commercialization. Once again, we see a bias that plagues the tech community: software overshadowing hardware. But, continuing with the software-obsessed tech industry is self-sabotage.Investors have spent much of the last decade focused exclusively on applications (and still seem to be), just as platform providers like Google and Amazon have come to dominate.With the maturation of artificial intelligence, however, the software-first focus must shift increasingly toward hardware.Even more nuanced, we should work toward hardware-software integration.The good news: It seems that shift has already begun — and with the biggest fish in the pond. Apple is already well-known for its game-changing hardware innovations. It very recently hinted toward its latest watch, touted as an impressive piece of hardware that Apple fans are already drooling over.Other industry leaders would do well to follow suit with moving the software-obsessed tech industry.In healthcare, for example, a 2019 Accenture survey shows that two-thirds of executives believe that “DARQ” — distributed ledger, AI, extended reality, and quantum computing — technologies will transform their organizations. 89% are already pursuing implementations. If their focus is solely on software, however, these initiatives will fail. Fitness trackers capture in-depth patient data, and hardware is the portal through which data flows. Without this data, AI is irrelevant.True innovation lies in the integration of hardware and software. Hardware is the data entrance and collector, while the AI software layer handles analysis and delivers insights. If data-driven technologies are going to drive the future of tech, we must adopt a hardware-software integration approach.Hardware at the ForefrontReorienting toward hardware won’t be easy for a tech ecosystem that remains so focused on software. The existing giants must adopt drastically new business models, and startups must work to master hardware. Whoever successfully integrates hardware and software will win the next era of tech.Acknowledging this reality, Google and IBM are racing to develop data capabilities.Being able to process mass amounts of data at the point of collection (the hardware), rather than sending it first to the cloud, is critical for giving “smart” technology the intelligence it needs.Therefore, experts project only 20% of all data will be stored in data centers and the cloud by 2025, down from 80% currently.As more time and money go toward hardware, our assumptions about tech will change. Consumers, for example, have grown used to a model where they exchange personal data for a “free” service. However, privacy concerns sparked by platforms like Facebook make this model less sustainable.More importantly, collecting data through hardware rather than platforms yields richer data in more significant quantities. Moving forward, consumers will likely pay for more services (and their attendant hardware) but expect more privacy in exchange.Similarly, the demand for tech talent will evolve. Tomorrow’s computer scientists must understand the engineering behind hardware just as well as they understand the software. Cybersecurity skills will also become a priority. Software is already rife with vulnerabilities, but a world filled with internet-connected hardware increases possible points of attack. Hardware will not fulfill its potential without addressing security concerns first.Adjusting Expectations Around HardwareTaking a hardware-first approach sounds like a substantial change from the current tech landscape, yet some companies have already adopted it. Apple, for instance, creates hardware and software, and it succeeds because both are integrated. Essentially, Apple owns the entire ecosystem its users occupy, which allows the company to deliver greater privacy and security while also monopolizing user engagement.It’s time for the investor community to admit that hardware matters, and though the timelines may take longer, the returns are just as rewarding.Similarly, founders must begin grappling with hardware development challenges if they’re going to remain relevant. Finally, consumers should expect more from tech and be ready to pay for it. What it Takes to Build a Highly Secure FinTech … Tags:#hardware#Software#startup#Venture capital Lu ZhangFounder & Managing Partner at Fusion Fund AI: How it’s Impacting Surveillance Data Storage Lu Zhang is the founder and managing partner of Fusion Fund, a company dedicated to promoting early-stage venture capital for entrepreneurs. Follow the Puck Role of Mobile App Analytics In-App Engagementlast_img read more

Monsoon snacking recipes

first_imgDont just stick to tea and ‘pakoras when the rain clouds gather. Add variety to your monsoon snack list, say experts. Tomato and cheese bruschetta: Place sliced bread on a baking tray, drizzle extra virgin olive oil, chopped garlic and any dried spice available in the kitchen cabinet, bake till golden brown. Top with chopped tomatoes, cheese and chopped basil.Pizza pockets: Place pizza dough (cut in 3-inch diameter circles) on a baking tray, drizzle olive oil and chopped garlic, top with chopped tomatoes and pizza sauce, add generous amounts of big cubes of mozzarella and cream cheese. Also Read – Add new books to your shelfFold to form a semi-circle (half moon) to seal the edges. Bake at 180 degree Celsius for six to seven minutes. Serve hot with cheese oozing out.Banana prune and chocolate toasties: Slice a few bananas, get some Del Monte Prunes, break a fruit and nut chocolate bar into small pieces and mix them. Apply butter on both sides of sliced bread or sliced brioche, fill the banana, prunes and chocolate mixture and make toasties in sandwich griller.Asian lettuce wraps: To make the filling, heat oil in a large skillet over medium heat. Add onion, ginger, lemongrass and garlic, and cook for seven to 10 minutes, or until onions are soft and beginning to brown. Also Read – Over 2 hours screen time daily will make your kids impulsiveAdd tofu and water chestnuts, breaking tofu into small crumbles; cook for four minutes, or until heated through. Stir in soy, hoisin and Sriracha sauce. Transfer to serving bowl. Place lettuce leaves on platter, and set out garnishes in small serving bowls. Let guests wrap tofu mixture in lettuce leaves, and top with their choice of garnish.Chicken pineapple and olive spears: In a saucepan over medium heat, add the ketchup, soy sauce, honey, mustard, sugar, garlic and lemon juice. Bring to a simmer and cook gently until thick for about 10 minutes. Set aside to cool. Heat an outdoor grill or a grill pan. Cut each chicken thigh into two pieces. Peel the pineapple and cut it into one or one-and-half-inch chunks. Alternating between the chicken, olives and pineapple, thread the pieces onto the skewers. Brush them with olive oil and season them with salt and pepper. Remove the garlic cloves from the barbecue sauce and discard; put about half the sauce into a small bowl for later. Brush skewers with some of the sauce. Cook them on the grill, basting regularly with the barbecue sauce, until cooked through, about 10 to 15 minutes. Serve with reserved barbecue sauce on the side for dipping.last_img read more