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Archive of posts published in the category: fxjwodrf
Sep
4

Long-term economic growth is a prize both parties should be fighting for

first_img whatsapp That time when a modest tax change here or a spending announcement there generates reams of analysis about who’s been made “better off” or “worse off” at the stroke of the chancellor’s pen. When, for a second, the decision to try to implement VAT on warm takeaway foods or announce a few hundred million on electrifying a rail line will seem of the utmost importance to the welfare of the nation.Budgets matter to us as individuals, of course. They affect us financially, shape political narratives, and determine the broader near-term economic direction of the government.Yet the whole circus nowadays highlights a huge problem with our politics: the obsessive focus on distribution and the short term – who’s up and who’s down – rather than on long-term economic growth.For years, Conservative chancellors have stood at the despatch box to announce weak sustainable growth forecasts for the economy, and then done little about it.Yes, they have reacted with fuel duty freezes or targeted income tax breaks to leave more money in certain people’s pockets, or tinkered with other taxes to raise revenues. Tags: NHS Tax whatsapp Long-term economic growth is a prize both parties should be fighting for In the short term, then, a pro-growth mindset would come at a cost. Some of the current things that the government does, based on commonly accepted values, would change. But so large are the potential gains that there really should be a high barrier to giving them up for other objectives.Increasing the income per capita growth rate from 1.5 to two per cent per year means being seven times better off after a century, rather than four times better off. If you could increase that to three per cent a year, we would be a whopping 19 times better off over the same period.Given how even modest changes in growth can massively affect living standards, it’s really remarkable how little we discuss it, and what we might do to improve it. Politicians are bound by the political cycle, of course, which creates incentives for short-termism, and affecting growth is uncertain and difficult.But right now, neither party seems to be thinking about it much at all. Given the potential rewards, this amounts to wilful neglect. It’s not GDP at all costs, but instead about maximising what Cowen calls “wealth plus”. This includes measured economic output, but also places value on leisure time, the environment, and household production. It is better thought of human wellbeing, or what economists call “economic welfare”.This might all sound welcome so far. But a more relentless focus on growth is not a free lunch in the very short term. Prioritising growth would mean creating and supporting institutions that deliver it, while being much more agnostic about the small things that concern politics today.The implications would be much more public and private investment in science, technology and R&D, but probably far less generous healthcare spending and money transfers to the elderly. Taxes would be reformed in a pro-growth way, with much less concern to perceived fairness. Land-use planning laws would be liberalised to allow the development of clusters and agglomerations.And though most changes would be institutional, with government spending supporting growth, more resources would be devoted to investment rather than day-to-day spending programmes.That doesn’t mean that there would be no welfare system. But in Cowen’s view, redistribution should primarily be about supporting growth – transferring resources to the extent necessary to maintain political acceptance for pro-growth institutions. That there just happen to be differences in wealth or income levels (inequality) is not justification enough to tax and transfer in ways which might undermine incentives. Ah yes, post-Budget week.center_img Tuesday 30 October 2018 8:12 am But while one can argue about the desirability of these, or indeed more NHS or mental health spending, they are largely distributional issues. They do not really affect the dynamic innovation that lifts living standards sustainably.In his wonderful new book Stubborn Attachments, the George Mason University economist Tyler Cowen persuasively argues that maximising the sustainable growth rate of the economy should be our real societal objective.Arguing that we should put strong weight on the welfare of future generations, he shows the many benefits of faster growth over long periods, including improved health, greater happiness, welfare-enhancing spillovers to poor countries, and the spread of pluralistic values.Significantly, the power of compounding means that raising the growth rate can, over time, improve living standards by orders of magnitude greater than any one-time redistribution can achieve.By sustainable growth, we don’t mean the sugar rush GDP increase you can get from more temporary government spending, nor some central government five-year plan that raises growth for a while but at the expense of the environment, liberty, or democratic stability. Share by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryBetterBe20 Stunning Female AthletesBetterBeRest Wow68 Hollywood Stars Who Look Unrecognizable NowRest WowAtlantic MirrorA Kilimanjaro Discovery Has Proved This About The BibleAtlantic Mirrorzenherald.comDolly Finally Took Off Her Wig, Fans Gaspedzenherald.comNoteableyJulia Robert’s Daughter Turns 16 And Looks Just Like Her MomNoteableyWTFactsHe Used To Be Handsome In 81s Now It’s Hard To Look At HimWTFactsFactablePut Baking Soda Around The Base Of A Tomato Plant, Here’s WhyFactableLiver Health1 Bite of This Melts Belly And Arm Fat (Take Before Bed)Liver Health Ryan Bourne last_img read more

Sep
4

Don’t hit snooze: Eve Sleep calls on Apple to scrap ‘detrimental’ snooze function in iOS update

first_img Alyana Vera whatsapp Friday 15 March 2019 10:56 am Don’t hit snooze: Eve Sleep calls on Apple to scrap ‘detrimental’ snooze function in iOS update Share Tags: Apple whatsapp Mattress maker Eve Sleep has published an open letter asking that Apple delete the snooze function from its alarm clock app in iOS 12.2.Read more: Britain is sleepwalking into the clutches of the exhaustion industry Eve chief executive James Sturrock said: “We recognise the startling effect the snooze button is having on millions of Brits every morning and on World Sleep Day we want Apple to join us in urging the nation to refuse to snooze.“At Eve, we believe everybody deserves the perfect start and we do our part through designing award-winning products that help people sleep better,” Sturrock added.Read more: Eve Sleep announces boardroom overhaul as it looks to rebuildThe company announced a boardroom overhaul earlier this week after its financial performance missed market expectations. The letter sent to Apple’s London headquarters and addressed to chief executive Tim Cook asks Apple to “single-handedly improve the nation’s sleep wellness” by removing the snooze button.While hitting snooze may seem like an innocuous bid for forty more winks of sleep, mental health and neuroscience expert Matt Janes argues otherwise.“The snooze button can have a detrimental effect on your health, especially your mental health,” said Janes, who is working with Eve on the campaign.“You’re essentially multiplying the assault on your brain and body each time you press snooze, by repeating the impact on your autonomic nervous system each time you’re awoken.”The London brand launched the campaign to refuse to snooze today to coincide with World Sleep Day.last_img read more

Sep
4

Coronavirus set to be ‘way less’ damaging than 2008 crash: IFS

first_img whatsapp It said tax rises were likely to be coming down the line in the future. Carl Emmerson, IFS deputy director, said it was “completely right that government debt goes up a lot” during such a crisis. Coronavirus set to be ‘way less’ damaging than 2008 crash: IFS More From Our Partners Florida woman allegedly crashes children’s birthday party, rapes teennypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgBill Gates reportedly hoped Jeffrey Epstein would help him win a Nobelnypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgConnecticut man dies after crashing Harley into live bearnypost.com The hit to the UK economy from the coronavirus pandemic is likely to be “way less” than the impact of the financial crisis should the budget watchdog’s predictions come true, the Institute for Fiscal Studies (IFS) think tank has said. The Office for Budget Responsibility (OBR) yesterday said the economy would likely end up three per cent smaller in the long run due than it otherwise would have been without Covid. The UK economy is facing its biggest contraction in 300 years, but is set to rebound relatively quickly Also Read: Coronavirus set to be ‘way less’ damaging than 2008 crash: IFS The OBR said it expects the economy to shrink 11.3 per cent this year, its worst collapse in 300 years. It added that the economy would not regain its pre-Covid size until the end of 2022. Yet Johnson also said there are big risks the OBR’s “central scenario”. He said: “Remember that the long term economic, and hence fiscal, hit from the financial crisis was far greater than predicted at the time.” IFS director Paul Johnson today said that would be “painful”. Yet he said that “it is way less than the impact of the financial crisis”. Debt should be reduced over ‘very long period’ Thursday 26 November 2020 3:20 pm by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeAll Things Auto | Search AdsMost Affordable Camper VansAll Things Auto | Search AdsMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailOne-N-Done | 7-Minute Workout7 Minutes a Day To a Flat Stomach By Using This 1 Easy ExerciseOne-N-Done | 7-Minute WorkoutBetterBe20 Stunning Female AthletesBetterBeInvestment GuruRemember Cote De Pablo? Take A Deep Breath Before You See Her NowInvestment GuruDrivepedia30+ Funny Photos Of Car Owners Having A Rough DayDrivepediaLiver Health1 Bite of This Melts Belly And Arm Fat (Take Before Bed)Liver HealthLuxury SUVs | Search AdsThese Cars Are So Loaded It’s Hard to Believe They’re So CheapLuxury SUVs | Search AdsBlood Pressure Solution4 Worst Blood Pressure MedsBlood Pressure Solutioncenter_img The respected IFS think tank today laid out its analysis of the spending plans. It questioned the chancellor’s stated intention not to spend more on Covid next year  whatsapp Tags: Coronavirus Rishi Sunak “And on central scenarios borrowing will be ‘only’ £100bn or so in 2024-25,” he said. He said that is “not a million miles away from either current budget balance or at least stabilising debt as a fraction of national income”. His comments come after Sunak yesterday revealed that government borrowing is set to hit a peacetime record of £394bn this year, according to OBR estimates.  Sunak is also likely to end up spending more than planned on non-Covid areas too, it said, with his roughly £10bn planned reduction in day-to-day spending hard to sustain. Share The UK economy is facing its biggest contraction in 300 years, but is set to rebound relatively quickly Also Read: Coronavirus set to be ‘way less’ damaging than 2008 crash: IFS Harry Robertson Show Comments ▼ The UK economy is facing its biggest contraction in 300 years, but is set to rebound relatively quickly He said that it is also “perfectly correct” to try to get debt down again. But he said that this should be done “over a very long period of time”, like after the second world war.last_img read more

Sep
4

Billionaire Coates family of Bet365 stump up half a billion in tax

first_imgWithout those two factors, this year’s total tax liability of the top 50 taxpayers would have been £700m less – and below last year’s £2.5bn figure. This time a year ago, a tax bill of £13.1m would have landed an individual nowhere near the list of the 50 biggest taxpayers in the UK, but this year it would put the individual in 50th place. Friday 29 January 2021 7:00 am According to the Sunday Times, this was due exclusively to tax paid on an exceptional £982.5m of dividends to shareholders in the William Grant whisky conglomerate, and a change in the list’s methodology, which now counts gambling duties paid by betting businesses. whatsapp The amount of tax revenues generation by the top 50 taxpayers is nearly £680m higher than last year, up 27 per cent to £3.18bn. The Coates family of Bet 365 have topped the list of taxpayers this year. Also Read: Billionaire Coates family of Bet365 stump up half a billion in tax The extent of the tax liabilities needed to make the UK top 50 taxpayers list fell from £20.4m last year to £13.1 this year – a fall of more than a third (36%) in the past 12 months. Denise Coates founded Bet365 in 2000, and the tax paid by the family and the business is equal to the price of paying for 62,725 state pensions for a year. Robert Watts, compiler of the tax list, said: “These worrying numbers show the tax take from many of Britain’s super rich has fallen sharply – largely because their businesses have seen a downturn. The Coates family of Bet 365 have topped the list of taxpayers this year. Also Read: Billionaire Coates family of Bet365 stump up half a billion in tax Share Hannah Godfrey Gambling family Denise, John and Peter Coates of Bet365 have paid more than half a billion pounds (£573m) in tax this year, making them the top taxpayers in the UK.center_img The Coates family of Bet 365 have topped the list of taxpayers this year. Billionaire Coates family of Bet365 stump up half a billion in tax The Covid-19 pandemic has led to a dramatic decline in the taxes paid by the wealthiest people in the country, according to the latest Sunday Times Tax list. RankNameIndustryTax liability (£m2020 wealth (£m)1Denise, John and Peter CoatesGambling573.07,1662Glenn Gordon and familyAlcohol 436.43,1863Fred and Peter DoneGambling191.31,2004The Weston FamilyRetail164.510,5305Stephen Rubin and familySportswear156.14,2256Sir James Dyson and familyHousehold goods and tech115.016,2007Leonie Schroder and familyFinance109.43,9778Baroness Howard de Walden and familyProperty96.04,3169Peter HargreavesFinance91.42,40010Lady Philomena Clark and familyCar sales60.31,131The top 10 list of UK taxpayers Billionaire businessman Glenn Gordon was number two on the list of top taxpayers, paying £436.4m to the taxman, follow by Fred and Peter Done, who paid £191.3m.   “These numbers illustrate that when some wealthy people prosper our public finances do feel a benefit. After the pandemic has passed the Chancellor will need to maximise income from these individuals without driving them or their businesses away from the UK.” whatsapp The Coates family of Bet 365 have topped the list of taxpayers this year. Also Read: Billionaire Coates family of Bet365 stump up half a billion in tax Just 17 individuals and families on the top tax list are paying more than this year than last. Among those no longer featuring in the tax list is Sir Philip Green, who has seen his main business, Arcadia, fall into administration in the past year. He and his wife Lady Tina Green ranked 23rd in last year’s tax list with a tax liability of £44.4m. by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeBrake For It40 New Features In The 2021 Ford BroncoBrake For ItMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailOne-N-Done | 7-Minute Workout7 Minutes a Day To a Flat Stomach By Using This 1 Easy ExerciseOne-N-Done | 7-Minute WorkoutMoneyWise.comMechanics Say You Should Avoid These Cars In 2021  MoneyWise.comMoney PopThe Most Overpriced Vehicles On the Market Right NowMoney PopNational Penny For Seniors7 Discounts Seniors Only Get If They AskNational Penny For SeniorsQuizscape8 Out Of 10 Men Fails This Car Engine Quiz. Can You Pass It?QuizscapeUnPastedThese Are Hands Down The Worst Cars Ever MadeUnPastedBlood Pressure Solution4 Worst Blood Pressure MedsBlood Pressure Solution Show Comments ▼ Tags: Companylast_img read more

Jul
13

11 times The Sun’s Page Three girls showed how deeply they cared about the UK economy

first_img Emma Haslett whatsapp Tuesday 20 January 2015 4:22 am Share Show Comments ▼ The end of an era, or good riddance? However you feel about Page Three, there’s no arguing with the fact it’s a British institution. But today came the news that after 45 years, The Sun has apparently decided to put an end to its traditional topless model slot.The news was revealed by sister title The Times this morning, although a spokesman for the paper seemed unwilling to confirm the news, saying on that “Page Three of The Sun is where it’s always been, between pages two and four, and you can find Lucy from Warwick at Page3.com”.  It’s the end of a slow decline for the slot: in 2013, the tabloid axed its “News in Briefs” section. Until then, Page Three models had used the slot as a forum for their views on everything from beer duty (which they cared surprisingly strongly about) to how much corporation tax large businesses should pay. In fact, it turned out that like everyone else, they worried a lot about the UK’s economic situation.They felt sad when jobs were lost:But were pro-HS2:They worried about the price of commodities:And ruminated on the impact of George Osborne’s cuts:They took a sensible stance on alcohol pricing: But they weren’t impressed by business’ tax avoidance deals:… nor were they particularly enamoured with the behaviour of those in charge: And on the whole, they were not in favour of Europe: And while some commented on Mark Carney’s smouldering eyes when he was first appointed, the Page Three girls were only interested in his academic credentials:  center_img 11 times The Sun’s Page Three girls showed how deeply they cared about the UK economy whatsapp Tags: NULLlast_img read more

Jun
23

Why aren’t millions of Americans getting preventive care?

first_imgLeave this field empty if you’re human: All Americans deserve to live full and healthy lives. Highlighting these troubling disparities in preventive care is important, but it is just the first step. Now we must band together — as public health workers, as clinicians, and as individuals — to address these disparities and their underlying causes. Doing that will help millions more Americans move closer to living longer, healthier lives.Reed Tuckson, MD, is an external senior medical adviser to United Health Foundation. Daniel S. Blumenthal, MD, is president of the American College of Preventive Medicine. Income mattered, too. Barely half of adults ages 50 to 74 with annual incomes less than $25,000 reported getting colorectal cancer screening, compared with nearly three-quarters of those making $75,000 or more. Geography also played a role. Childhood immunization rates ranged from 63 percent in West Virginia to 84 percent in Maine. First OpinionWhy aren’t millions of Americans getting preventive care? Related: By Reed Tuckson and Daniel S. Blumenthal April 15, 2016 Reprints About the Authors Reprints Preventive care, such as immunizations and screenings for cancer and high blood pressure, saves lives. So why aren’t millions of Americans getting these relatively inexpensive services?We were recently involved in a new report that analyzed prevention measures across all 50 states. It looked at prevention through the lenses of access to health care, immunizations, and efforts to prevent chronic disease. The final report, United Health Foundation’s America’s Health Rankings Spotlight: Prevention, released in partnership with the American College of Preventive of Medicine, revealed troubling disparities in access to recommended preventive care.Having a dedicated health care provider is key to overall prevention. Yet about 40 percent of Hispanic adults said they didn’t have dedicated health care provider, compared with 23 percent of non-Hispanic black adults and 18 percent of non-Hispanic white adults. According to the spotlight report, having a dedicated health care provider was highly linked to getting screened for colorectal cancer.advertisement Daniel S. Blumenthal A newly insured patient receives a checkup from Dr. Perla Del Pino-White at the South Broward Community Health Services clinic in Hollywood, Fla. Joe Raedle/Getty Images How one doctor turned to his patients — over pie — to simplify medical advice center_img Privacy Policy Newsletters Sign up for Daily Recap A roundup of STAT’s top stories of the day. These findings should serve as a call to action for the public and private sector, for public health professionals and clinicians, and for individuals and communities.advertisement @AHR_Rankings Tags preventionpublic health Reed Tuckson Please enter a valid email address. To address disparities in disease prevention, we must first focus on providing high-quality, affordable care that truly meets people where they are. That could mean house calls for seniors, urgent care centers for busy moms, or bringing mobile medical clinics to schools, parks, and community centers.Access alone won’t bridge the gap. People need more support and education about the importance of prevention and how to successfully navigate the complex health care system. Clinicians need help, too, in the form of tools that support their delivery of evidence-based preventive care. It’s also important for the public health community to continue looking at the big picture by monitoring the use of preventive services and highlighting both best practices and disparities.Here’s a compelling case study: A few years ago, only 68 percent of children ages 19 to 35 months in Maine were getting the recommended immunizations against whooping cough, chickenpox, polio, and other diseases. State officials made childhood immunizations an area for improvement in 2014. Since then, the rate has increased to 84 percent, surpassing the US Department of Health and Human Services’s Healthy People 2020 target of 80 percent. Maine public health officials are now well-positioned to help states that are lagging behind boost their immunization rates.last_img read more

Jun
18

IIAC seeks nominees for annual Hall of Fame class

first_imgCatalyst Canada names Victor Dodig as chairman dampoint/123RF The IIAC Investment Industry Hall of Fame honours excellence, integrity and leadership in Canada’s investment industry. The deadline to submit nominations for this year’s class is Fri., May 5 at 5 p.m. ET. “We are reaching out to executives in the financial sector to put forth names of outstanding individuals who have demonstrated vision and leadership in building successful careers, contributed to the vitality of Canada’s investment industry and capital markets, and given back to their communities,” says Ian Russell, president and CEO of the IIAC, in a statement. A maximum of four living and four posthumous candidates are inducted into the Hall of Fame annually. Members of the IIAC Hall of Fame Selection Committee, an independent committee comprised of distinguished Canadians who work, or have worked, in the investment industry, business, politics, law or academia choose the inductees. This year’s inductees will be recognized and celebrated at a gala event in Toronto on Thurs., Oct. 26. Information on the eligibility and selection criteria, as well as the nomination process, is available in the IIAC website. Photo copyright: dampoint/123RF Nominations open for two FP Canada awards The Investment Industry Association of Canada (IIAC) is seeking nominations for inductees into its 2017 Investment Industry Hall of Fame class. Related news Top Canadian hedge fund returns 16% over 10 years IE Staff Whistleblower, reporter receive anti-corruption prize Keywords AwardsCompanies Investment Industry Association of Canada Share this article and your comments with peers on social media Facebook LinkedIn Twitterlast_img read more

Jun
18

OSFI’s proposed mortgage stress test is unnecessary, harmful: study

first_img Related news A new stress test for all uninsured mortgages is unnecessary and could increase costs for homebuyers, a report by the Fraser Institute said Wednesday. Study author Neil Mohindra wrote the proposed stress test “will do more harm than good” by limiting access to mortgages for some homebuyers. Keywords MortgagesCompanies Office of the Superintendent of Financial Institutions Share this article and your comments with peers on social media Tougher stress tests won’t chill housing market: Scotia Consumer debt driven by new mortgages, but credit card debt at six-year lowcenter_img Facebook LinkedIn Twitter “The mandatory standard for stress testing could result in a less competitive and more concentrated mortgage market,” he wrote in the report. The study comes as the federal Office of the Superintendent of Financial Institutions finalizes new lending guidelines. Among the changes being contemplated is a requirement that homebuyers who have a down payment of 20% or more and do not require mortgage insurance still have to show they can make their payments if interest rates rise. The head of OSFI has said that Canada’s banking regulator wants to reduce the risk of mortgage defaults because of high levels of household debt. “We are not waiting to see those risks crystallize in rising arrears and defaults before we act,” OSFI head Jeremy Rudin said last week. Canadian household debt compared with disposable income hit a record high in the second quarter. Statistics Canada reported last month that household credit market debt as a proportion of household disposable income increased to 167.8%, up from 166.6% in the first quarter. However, Mohindra said that instead of a prescriptive test, OSFI could use its existing powers to fix what it believes are deficiencies in policies and procedures. The Bank of Canada has raised its key interest rate target by a quarter of a percentage point twice this year. The increases have pushed up the big bank prime lending rates which are used to determine rates for variable-rate mortgages and lines of credit. The Fraser Institute is an independent, non-partisan organization that tends to prefer free-market policies over government regulation. Canadian Press Younger homebuyers more willing to fight bidding wars: surveylast_img read more

Jun
17

Jamaicans Urged to Protect Wetlands for Preservation of Fisheries Industry

first_imgJamaicans Urged to Protect Wetlands for Preservation of Fisheries Industry UncategorizedJanuary 30, 2007 RelatedJamaicans Urged to Protect Wetlands for Preservation of Fisheries Industry FacebookTwitterWhatsAppEmail On Friday, February 2, Jamaica will join the rest of the world in observing World Wetlands Day 2007 under the theme: ‘Wetlands and Fisheries’ and persons are being urged to protect the island’s wetlands to ensure the preservation of the fisheries industry.Ainsley Henry, Manager of the Integrated Watershed and Coastal Zone Management Department at the National Environmental and Planning Agency (NEPA), tells JIS News that the theme and its accompanying slogan ‘Fish for Tomorrow,’ will highlight the “clear correlation between wetland health and fishery resource health”.“Essentially, it’s about fishing for today, fishing for tomorrow, and whether or not there will indeed be fishes for tomorrow if we continue the way we’re going now,” he adds.Activities planned to mark the observance will be held island wide and will include a cleanup of the Palisadoes/Port Royal protected area, with information posters mounted at various points. There will also be activities in Negril, Montego Bay and the Portland Bight protected area “geared at allowing people, who aren’t normally able to see the interrelationship (between watershed and fisheries) directly to do so”.World Wetlands Day marks the anniversary of the signing of the Convention on Wetlands, also known as the Ramsar Convention, in Ramsar, Iran, in 1971. The main objective of the day, which has been observed internationally since 1997, is to educate persons about the importance and benefits of wetlands.While most Jamaicans know about swamps and marshes, not many people know that these are also classified as wetlands.Under the Ramsar Convention wetlands are defined as “areas of marsh, sand or water, whether natural or artificial, permanent or temporary, with water that is static or flowing fresh, brackish or salt, including areas of marine water, where the depth does not exceed six meters at low tide.”“Essentially, what this means is that wetlands are areas where water is the main factor controlling the environment, both plants and animals,” explains Mr. Henry.Jamaica has several wetlands including the Bowden and the Great Morass in St. Thomas; Negril Morass in Westmoreland and the Canoe Valley Wetland in Clarendon. In addition there are three designated “wetlands of international importance”: Black River Morass, Palisadoes/Port Royal area, and Portland Bight Wetlands and Cay.These areas have significant economic value, biological diversity, provide protection from flooding, help to replenish groundwater, act as a natural barrier against storms, provide stabilization of the shoreline and are active in water purification and provide a livelihood for thousands of Jamaicans.They also offer spawning grounds for young fish and many other marine nurseries and are therefore a significant part of the multi-million dollar fishing industry, which directly employs thousands of persons and provides a livelihood for many others.The Black River Lower Morass is the largest freshwater wetland ecosystem in Jamaica and the wider Caribbean, with about 92 species of flowering plants that are endemic to Jamaica. This, along with several other factors, has made the area an extremely valuable asset to the entire country.The Palisadoes/Port Royal area has several animal and plant species that have been deemed extremely important with the American Crocodile, West Indian Manatee and the Bottlenose Dolphin present in the area, while Portland Bight also has a wide range of endemic and rare plants, extensive fish life and several small coral cays.Mr. Henry tells JIS News that as a signatory to the Ramsar Convention, Jamaica has the responsibility to ensure that “these wetlands remain in perpetuity, that their values and functions are protected and preserved, and that the biodiversity that is resident in these wetlands maintain the ecological function that they currently do”.He notes however, that there are many practices, which can adversely affect wetlands. “We’ve got things like charcoal burning, and we’ve got conversion of wetlands into other uses be they for road development, hotel development, or residential development. There is also the pollution of these areas by agriculture runoff, or sewage, or garbage generally. All of these adversely affect the ability of the wetland to continue its regular ecological function, and anything that impairs that, also causes a problem in terms of the maintenance of the fisheries resource,” he informs.Mr. Henry notes that protecting wetlands is not an activity that should be restricted to a single day rather, it should be a year round quest. He added that protecting the wetland is pretty much the same as protecting the environment.“One of the problems that we have in our wetlands is that there is a lot of garbage that is being piled up in them, so even as simple as making sure that our solid waste is properly disposed of is a step in the right direction,” he says.He further advises against the indiscriminate cutting down of trees and for fisherman, to “make sure that the fish you are actually catching are of a reasonable size. The really tiny ones are too young, and have not yet had opportunities to reproduce, and you want to ensure there are fish for tomorrow”. RelatedJamaicans Urged to Protect Wetlands for Preservation of Fisheries Industrycenter_img RelatedJamaicans Urged to Protect Wetlands for Preservation of Fisheries Industry Advertisementslast_img read more

Jun
17

Universal Access Fund Donates ICT Equipment to the Deaf

first_imgFacebookTwitterWhatsAppEmail The lives of students from six schools for the deaf have been made easier by the provision of computers and audio-visual equipment, through funding from the Government’s Universal Access Fund Company Limited.The equipment, valued at $6 million, which will make communications much easier at the institutions, was presented on Wednesday (September 30) at the Danny Williams School for the Deaf in Kingston. They were made available under the Information and Communication Technology (ICT) Resource Rooms in Schools for the Deaf project funded by the Universal Access Fund.Managing Director of the Fund, Hugh Cross, said that through the project, the six schools are now being given the opportunity to connect directly with each other using teleconferencing, a project which is already in some educational institutions across Jamaica.“What this will do is to allow the schools to conference with each other, so that they can share ideas and do whatever other necessary educational opportunities it might provide,” he informed.Mr. Cross further noted that it is part of the Fund’s mandate to provide easy and reliable access to information through the deployment of broadband services.“When I visit these facilities, I find that the students are so amazing: They are always happy and so pleasant. It gives you the impression that they are always yearning to explore new worlds and expand their knowledge,” he said.“We are here to provide them with that opportunity through our mandate, which is to have access to the information super highway, through the deployment of broadband services, and to stimulate continuous improvements in the quality of life for all,” he stated.The provision of audiovisual equipment in the classroom for deaf children will enhance the visual presentation of content, facilitate performance assessment and tracking, and increase access to the independent learning resources as well as communicating via the internet.Information and Communication Technology (ICT) enhances the learning environment, especially for deaf students, because they are visual learners.Schools benefitting under the project are: the Jamaica Association for the Deaf Preschool Centre; Danny Williams School for the Deaf; Integrated Unit at Excelsior Primary in Kingston; May Pen Unit for the Deaf in Clarendon; St. Christopher’s School for the Deaf; and Port Antonio Unit for the Deaf in Portland.Equipment received under the project include desktops, laptops, video cameras, document cameras, projectors, desk jet printers, projector screens and workstations. The computers and audiovisual equipment were sourced and supplied by Fujitsu Transaction Solutions Limited.The Universal Access Fund Limited is a Government entity, which collects a levy on incoming international calls to Jamaica. The revenue from the charges goes towards financing the implementation of the national e-learning project, which is designed to enhance the education process through the use of information technology.The Minister with responsibility for Information and Telecommunications, Hon. Daryl Vaz, recently reported that the Universal Access Fund now has a total of $5.5 billion. He said that about $2.8 billion has already been committed to the Government’s E-Learning project. RelatedUniversal Access Fund Donates ICT Equipment to the Deaf Advertisements RelatedUniversal Access Fund Donates ICT Equipment to the Deafcenter_img Universal Access Fund Donates ICT Equipment to the Deaf Office of the Prime MinisterOctober 2, 2009 RelatedUniversal Access Fund Donates ICT Equipment to the Deaflast_img read more