Senate Concurs With House on LISCR Agreement

first_imgThe Senate plenary yesterday voted 17 for, 3 against and one abstention to concur with the House of Representatives on the ratification of the Amendment of the Extended and Restated Agency agreement between the Republic of Liberia and the Liberia International Ship and Cooperate Registry (LISCR) LLR.The Senate’s expected concurrence of the agreement days after the House of Representatives made a “4G” passage, followed hours of delay leading to the commencement of yesterday’s sitting which finally got underway at 13:45 GMT (1:45PM).Almost two weeks ago, the joint committees on Maritime, Judiciary, Human Rights, Claims and Petition of both Houses conducted a public hearing in the Joint Chambers of the Legislature, where presentations were made by Maritime Commissioner Binyan Kesselley, Ministry of Finance and Development Planning officials and legal experts, followed by questions posed by members of the joint committee.Giving reasons for the need to recommend the adoption and passage of the agreement, the joint committee noted: “That the agreement lends credibility and certainty to the management of the Maritime program, without which Liberia will not be able to retain the level of ship owners who are registered under Liberia’s maritime program.The joint committee headed by the experienced corporate lawyer, Senator Varney Sherman for Judiciary Committee, and Dallas A.V. Gueh for Maritime, noted that it is in the joint committee’s opinion that the ten years extension agreement will enable the Agent to perform the various tasks and responsibilities assigned to it by the amendment.Significant among these tasks, according to the joint committee, are the contribution of US$2m toward the acquisition of an asset in the United States for the Liberian government, to be used as headquarters of the Maritime Program; the Agent agreeing to assist the Liberia Maritime Authority in the effort to construct and develop an LIMA headquarters complex at the place designated by that authority.Also under the amended, extended and restated agreement, funds will be provided from Liberia’s share of revenue from the maritime program to construct the Maritime Institute in Marshall and provide instructional programs and instructors for the Maritime Institute in Marshall after it is constructed.Maintaining and expanding the maritime program to increase Liberia’s share of revenue would be additional 3%, according to the joint committee’s recommendation.Liberia also stands to benefit from the establishment of a ship recycling registry, which according to the agreement, is a new form of service that the maritime program does not provide but which is necessary for vessels selected to be scrapped or otherwise taken out of operation.The new agreement will keep LISCR, which still has years remaining on its current agreement, as Agent for Liberia Maritime program up to 2029.    Among signatories to the recommendation on the Maritime Committee are Senators Albert Tugbeh Chie, Henry W. Yallah, Varney Sherman all members, while Senators Nyonblee Karnga-Lawrence, co-chair and Geraldine Doe-Sherif were distant.Chaired by Senator Sherman, the Judiciary, Human Rights, Claims and Petition Committee members include Senators Morris Saytumah, co-chair, Joseph N. Nagbe, Steven Zargo, Albert T. Chie, and Thomas Grupee, distant. Share this:Click to share on Twitter (Opens in new window)Click to share on Facebook (Opens in new window)last_img read more

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CISOM Extols Prez. Sirleaf for Temporary Reinstating LIPA Officials

first_imgIn the wake of President Ellen Johnson Sirleaf’s temporary reinstatement of three officials of the Liberia Institute for Public Administration (LIPA), the Citizens Solidarity Movement to Protect Presidential Legacies in Liberia (CISOM) has said that the move is in the right direction and a mark of a good leader who listens to both sides of the divide.“While we do not support officials of this government who usually engage in unorthodox (unusual) practices in the discharge of their duties, the three dismissed officials of LIPA challenged their respective dismissals with facts, and this led to their temporary reinstatement.CISOM is also using this medium to call on President Sirleaf to extend the decision taken to reinstate the three LIPA officials to NPA officials Madam Matilda W. Parker, former Managing Director and Christiana Kpaba Paelay, former Comptroller, who were suspended on the basis of an investigative findings of the Liberia Anti-Corruption Commission.According to a statement signed by CISOM’s director, Morris Swen, Sr., the LACC chairman informed journalists at a recent MICAT weekly press briefing that the report published by a local newspaper (not the Daily Observer) was not LACC’s  report and that the Commission was still investigating  the two officials.The fact that the LACC Chairman, Cllr. James Verdier, could have made such a statement, said the CISOM chair, clearly suggests that the officials deserve reinstatement pending the outcome of the ongoing investigation.President Sirleaf was misled in taking the decision to suspend the NPA Managing Director, Ms. Parker and Comptroller, Madam Pealay, evidenced by the disclaimer issued by Cllr. Verdier, Mr. Swen insisted.“We don’t need a rocket scientist to tell us to what extent LACC boss has failed in the performance of his responsibility to fight corruption.“To present an inconclusive report to the President upon which two government officials were suspended is a dangerous precedent and this is to a large extent an undermining factor to fighting corruption for which Cllr. Verdier must be held accountable,” Mr. Swen suggested.“We want to remind Cllr. Verdier that in 1980 13 government officials were tied to the poles and executed in cold blood for [alleged] rampant corruption, without giving them the opportunity adequately to defend themselves in a court of competent jurisdiction. Today, we are still fighting corruption with the Commission charged with the responsibility to lead in this fight publicly disclaiming its own report. What if President Sirleaf were not a person who believed in the rule of law?  Matilda Parker and Christiana Paelay would have been victims of extra judicial treatment as was in the case of the thirteen top officials of the Tolbert administration under the People’s Redemption Council in 1980,” Swen added.Share this:Click to share on Twitter (Opens in new window)Click to share on Facebook (Opens in new window)last_img read more

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MOA Warns Against Eating “Sick Animals”

first_imgThe Ministry of Agriculture (MOA) has warned the public against eating sick animals, particularly livestock, which include sheep and goats if found dead within their communities or residence.Agriculture Deputy Minister, Seklau Wiles gave the advice recently at the Ministry of Information regular press conference in Monrovia.Madam Wiles disclosed that the disease was recognized in Liberia and the MOA has been addressing the disease since 2011 through vaccination exercises.Madam Wiles appealed to residents in rural areas to desist from eating dead animals and report any case to MOA and Ministry of Health.Madam Wiles explained that, “This disease is highly infections and contagious among susceptible animals (goats and sheep) but humans are not at risk. This disease has high economic importance to livestock farmers.”She noted that the disease is not among cattle but only livestock that comprises of sheep and goats and said the ministry has tools to begin vaccination campaigns in August in areas which have not yet been exposed.She further explained that awareness about the disease in the various communities through radio announcements, including local dialects have commenced and will ensure that all measures are put in place to prevent the spread of the disease.“Based on the results of the various tests, the MOA designed a short term emergency plan to contain and control the disease. All livestock officers and quarantine inspectors from the 15 counties were brought to Monrovia for two days refresher training on PPR disease,” Madam Wiles explained.She said following an emergency report on suspected outbreak on goats and sheep, a team was dispatched to Nimba and Lofa counties to provide clarity on what was the actual cause of the outbreak.She said site assessment within the various communities where over 2000 goats and sheep died revealed that illegal movement between Guinea and Liberia border of Kinnor in Nimba County was the source of the outbreak.She said MOA requested assistance and technical support from African Union Inter-African Bureau of Animal Laboratory Resources (AU-IBALR), and a team of veterinarians and laboratory technicians was dispatched to Liberia.“From July 6-10, the team undertook epidemiological investigations and collected new samples for confirmatory test,” she added.Share this:Click to share on Twitter (Opens in new window)Click to share on Facebook (Opens in new window)last_img read more

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Newcastle defender emerges as AC Milan transfer target

first_img Davide Santon 1 Newcastle United defender Davide Santon is attracting interest from AC Milan.The 23-year-old was a target for several Serie A clubs during the summer’s transfer window, with Roma reportedly failing in a late bid for his services.Santon is currently out of action till late November after having surgery on a knee injury during the summer.But, according to Corriere dello Sport, Milan are preparing to test Newcastle’s resolve with a January bid for the Italy international.Manager Filippo Inzaghi has reportedly made a left-back one of his priorities for the upcoming transfer window and the Serie A club are said to also be scouting Hellas Verona defender Davide Brivio.last_img read more

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Home equity is evaporating

first_img AD Quality Auto 360p 720p 1080p Top articles1/5READ MOREStriving toward a more perfect me: Doug McIntyre The Whitteys and others like them are at the center of deepening worries that the economy is headed for a substantial slowdown, possibly even a recession, as the artery of cash from Americans borrowing against the value of their homes has sharply narrowed. “Everybody was basically using their house as an ATM machine,” said Dave Simonsen, a senior vice president for NAI Alliance, an industrial real estate firm in Reno. “Now, they are upside down on their house without that piggy bank to go back to.” From 2004 through 2006, Americans pulled about $840billion a year out of residential real estate, via sales, home equity lines of credit and refinanced mortgages, according to data presented in an updated working paper by James Kennedy, an economist, and former Federal Reserve Chairman Alan Greenspan. These home-equity withdrawals financed as much as $310billion a year in personal consumption from 2004 to 2006, according to the data. But in the first half of this year, equity withdrawals were down 15 percent nationally compared with the average for the last three years, and consumption supported by such funds plunged nearly one-fourth, according to the Kennedy and Greenspan data. This summer, the size of withdrawals fell even more sharply to about one-third below the level of late last year, said Mark Zandi, chief economist at Moody’s Economy.com. “This slide in equity withdrawal is very recent,” he said, “so you wouldn’t expect the drop in spending to occur until now, or Christmas.” Only a year ago, money taken out of houses was still more than 9percent of the nation’s disposable income, Zandi calculated, using a sampling of Equifax credit reports to supplement Fed data. By this fall, it had dropped to about 5percent, a difference of about $350billion a year. Much of the attention in the recent collapse of the housing boom has focused on those in danger of losing their home or facing higher monthly payments in their adjustable mortgages. But the broader effect on the economy is likely to come from the much larger group of homeowners who can no longer count on rising home values to bolster their wealth. Consumer spending accounts for about 70percent of all economic activity in the United States, or about $9.8trillion, so even a slight dip in home borrowing takes huge amounts of money out of the flow. The prospect of a slowdown, combined with the squeeze on households from higher oil costs, is sending shivers through the retail world, as apparel merchants, furniture dealers and electronics stores brace for the possibility that the all-important holiday shopping season will disappoint. Automakers are bemoaning sluggish sales. “A fall of 2 percent in consumption would be big enough to trigger a recession,” said Christian Menegatti, lead analyst for RGE Monitor, a consulting firm in New York. Many a premature obituary, of course, has been written for the American consumer – only to see spending continue apace. Just last week, the Commerce Department announced that the economy grew a healthy 3.9percent during the summer, largely on the back of growing consumer spending. Other forces, such as increased exports and continued gains in jobs and incomes, may compensate enough for the loss in home borrowing to avoid an economic downturn next year. But many economists say a slowdown in spending is overdue as Americans are forced to curb their appetite for goods to restore balance to an off-kilter global economy. The United States has for years been running huge trade deficits while borrowing heavily from China and Japan. This makes Americans vulnerable to the possibility that foreigners could slow purchases of American debt, sending the dollar plummeting and forcing the Fed to raise interest rates. Some say the best way to avoid such a situation is for Americans to start saving more and spending less. “If you take the 10-year view,” cutting consumption is “the least bad outcome,” said Robert A. Barbera, chief economist at ITG. In the near term, though, any dip in consumer spending is likely to sow pain. Strong sales for American companies abroad may keep the United States out of a full-fledged recession even if spending slips at home, Barbera said, but nonetheless “it will feel like a recession.” Sprawled across desert flats and framed by the rugged peaks of the Sierra, Reno encapsulates, in concentrated form, the forces at work on American consumers. In Nevada, and in neighboring California, home-equity finance was about 20percent of all disposable income at the end of last year, according to Economy.com. This September, it was down to about 9percent. While best known for its gambling, Reno has in recent years diversified, using low taxes to entice major companies such as Cisco Systems and Microsoft. With land cheap, the area has been a magnet for Californians who sold homes for spectacular gains, then moved here to buy more space for less money. The metropolitan area’s population has swelled to 409,000, up 50,000 since 2000. Many of the newcomers settled in developments on the edge of town. Ranch land that less than a decade ago was still a moonscape of sun-baked soil dotted with sagebrush has been transformed into golf courses and Spanish-style houses on streets with names like Painted Vista Drive and Rio Wrangler. Free-flowing credit and rampant speculation drove residential sales. From May 2002 to September 2005, home prices in Reno and the adjacent city of Sparks more than doubled, according to First American Loan Performance. Since then, however, the median house price has slipped 15percent. Local businesses are already suffering the effects of consumers who are less inclined to buy. A Volkswagen dealership downtown said sales were down two-thirds from a year ago. At the Flowing Tide, a bar and restaurant in south Reno, co-owner Justin Moscove said business was down 10 to 15percent. At the Meadowood Mall, near the airport, shoppers were scarce. “We’re dead,” said Cendy Rodriguez, manager at Lane Bryant, a plus-size women’s clothing store, who said business was down 25percent over the past two months. Marshall Whittey once seemed an unlikely member of that cohort. A sales manager at a flooring and tile company, he exudes the unflappable air of someone raised amid the easy money of the casino world. Until recently, he and his wife regularly embarked on shopping sprees of $1,000 and up. The Whitteys could live in such fashion because his company was making good money and his house was appreciating. But today, the value of his own home, which reached $500,000, has fallen, and a separate investment property he bought seems likely to fetch far less than the $580,000 he owes the bank. His commissions have diminished, so his income is down. His neighbor recently fell behind on house payments, prompting the bank to foreclose. Anxiety reigns. “We used to go out to eat three or four nights a week,” Marshall Whittey said. “Now, we don’t go out at all.” Even among those who indulged lightly in the credit bonanza, tightness is increasing. Stephanie Lerude, her husband and their two boys have lived for five years in their ranch house on a quiet street in an older part of Reno. Wicker furniture sits on porches, basketball hoops dot driveways and orange leaves crown the tops of cottonwood trees. Three years ago, Lerude and her husband, a lawyer, opened an $80,000 home-equity line to invest in three commercial properties. She uses one as the office for her company, which provides gift baskets for real estate offices. Their payments are manageable, and their house is worth about $540,000, about $100,000 more than they paid for it. Still, they are limiting purchases and postponing a kitchen renovation because of what they see happening all around them. “I’m just not a big consumer,” Lerude said. “We’re trying to do less.”160Want local news?Sign up for the Localist and stay informed Something went wrong. Please try again.subscribeCongratulations! You’re all set! RENO, Nev. – As his wedding day approached last spring, Marshall Whittey found that his money could not keep pace with the grandiosity of his plans. But rather than scale back, he chose instead, like millions of homeowners across the country, to borrow against the soaring value of his home. He and his bride, Holly Whittey, exchanged vows on the grounds of a sumptuous private estate in the Napa Valley. They spent their honeymoon at a resort in Tahiti. But now, in an ominous portent for the national economy, Whittey has grown tight with his money. His home is worth far less than it was a year ago, and his equity has evaporated. And like many other involuntary adopters of a newly economical lifestyle, he can borrow no more. “It used to be that if I wanted it, I’d just go and buy it and finance it,” said Marshall Whittey, 33. “I’m feeling the crunch, and my spending is down significantly.” last_img read more

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Exciting times ahead as Kelly’s Diner gets extensive revamp

first_imgKelly’s Diner is getting a major facelift this month, and while the restaurant will close from the 8th-20th January, customers will be kept satisfied with half price food offers instore.Kellys Diner Mountain Top Letterkenny has become synonymous over the last several years in leading the way when it comes to bringing something new to their customers.Next Monday sees staff and management start another chapter in their award-winning Diner Restaraunt with a major refurbishment. Kelly’s Mountain TopOwner Mairtin Kelly said the success of his previous revamp was all down to his travels to New York for inspiration. The latest renovation takes inspiration from other popular family bar and grills.Mairtin said: “This time around I wanted to do something different and took inspiration from range of family diners in the UK, Huck’s in Centre Parcs being one of many.“Kellys Diner has become over the years a great place for all the family and proof of this was winning the Best Family Restaurant in the north west and Northern Ireland for the second year in a row.”Kellys Diner will close from the 8th January for this extensive revamp and are planning to reopen on the 20th Jan.  As a gesture to their many customers for the inconvenience Mairtin and the staff are doing all hot food from the award winning Centra for 50-% off the normal price Monday to Friday during the renovation. Also on the menu is the famous Diner all day breakfast with free tea /coffee and toast for only €3.50 takeaway.“Exciting times ahead at Kellys Diner and with the new diner opening in only 10 days I’m absolutely certain that people will love what they’re going to see,” Mairtin said.Exciting times ahead as Kelly’s Diner gets extensive revamp was last modified: January 5th, 2018 by Staff WriterShare this:Click to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Reddit (Opens in new window)Click to share on Pocket (Opens in new window)Click to share on Telegram (Opens in new window)Click to share on WhatsApp (Opens in new window)Click to share on Skype (Opens in new window)Click to print (Opens in new window) Tags:Kelly’s American Roadside DinerletterkennyMountain TopRenovationsrestaurantlast_img read more

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GOSSIP: Man United scout Monaco duo, Liverpool target Championship star and MORE

first_imgHere are the top headlines and transfer-related stories in Friday’s newspapers…Manchester United striker Zlatan Ibrahimovic has refused to rule out a return to Italy with Napoli. The 35-year-old is yet to commit to another season at Old Trafford. (Daily Mirror)The Red Devils are keen on signing Monaco duo Kylian Mbappe and Tiemoue Bakayoko after their goals helped knock Manchester City out of the Champions League this week. (ESPN)But United face competition from Arsenal to sign Mbappe, after the Gunners sent scout Gilles Grimandi to watch the 18-year-old striker and 22-year-old left-back Benjamin Mendy. (Metro) Man City boss Pep Guardiola is planning cull of up to 13 players, including Gael Clichy, Bacary Sagna and captain Vincent Kompany. (Manchester Evening News)Guardiola will try and bolster his squad with Bayern Munich defender Joshua Kimmich in the summer. (The Sun)City have also been linked with a move for 23-year-old Benfica goalkeeper Ederson, who has a £43.6m release clause in his contract. (Record)Joe Hart, meanwhile could be heading to Southampton. The 29-year-old England number one is currently on loan at Torino and is a top target for the Saints, with Fraser Forster set to join Everton. (Daily Mail)Tottenham have identified Crystal Palace winger Wilfried Zaha and Everton playmaker Ross Barkley as summer targets. Spurs are willing to pay around £60m to land the young English duo. (Daily Mirror)Spurs could face a fight to keep manager Mauricio Pochettino, with the Paris Saint-Germain hierarchy big admirers of the Argentine coach. (Daily Mail)Liverpool are interested in Fulham left-back Ryan Sessegnon after the 16-year-old’s breakthrough season in the Championship. (Liverpool Echo)Middlesbrough are considering a move for former Chelsea boss Guus Hiddink after sacking Aitor Karanka. (Daily Telegraph)But former Middlesbrough captain – and ex-Leicester manager – Nigel Pearson is the current favourite to replace Karanka at the Riverside Stadium. (The Sun)Here are the latest talkSPORT.com headlines:Richard Dunne believes Manchester City need a minimum of three new players to make the switch from also-rans into European and domestic title contenders Ray Parlour has told Romelu Lukaku to sign his new contract and stay at Everton, insisting he CAN fulfil his dream of playing Champions League football at Goodison Park Romelu Lukaku needs to keep his ‘head down’ and let his football do the talking, Swansea City boss Paul Clement has told talkSPORT ‘FAKE NEWS!’ Arsene Wenger refused to talk about his own Arsenal future but insisted reports suggesting both assistant manager Boro Primorac and full-back Hector Bellerin were set to leave the club were inaccurate Bayern Munich legend Mehmet Scholl believes Liverpool target Christian Pulisic will eventually be approached by his former club Real Madrid have taken the first steps in luring teenage goalkeeping sensation and Manchester United target Gianluigi Donnarumma to the Bernabeu this summerlast_img read more

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Football Talk: Celtic referee movie, dog kisses for Sanchez

first_imgNo Scottish football on TV but there are a couple of tasty fixtures on the box. Inter Milan v Juventus meet in the second leg of the Coppa Italia semi-final (Sky Sports 2) while Liverpool face Manchester City again just three days after losing to Manuel Pellegrini’s side in the League Cup final (BT Sports 2)Celtic legend Billy McNeill turns 76 today. SNSGroupCeltic legend and European Cup winning captain Billy McNeill turns 76 today.Tottenham Hotspur manager Mauricio Pochettino, could see his side go top of the league as he reaches the age of 44 today.Sharing the same birthday is Hamilton’s Daniel Redmond who celebrates turning 25. Did you miss Michail Antonio’s Homer Simpson celebration at the weekend? Well his West Ham boss had his say on it and it gives us a great excuse to watch it all over again. Meanwhile, we can’t ignore last night’s results across Scotland either. Have Hibs Hibsed it? Are Killie crumbling? A quick scan through Twitter and the answer would appear to be yes…It’s the gift that keeps on giving… SNS GroupThere are three Premiership matches tonight, with Celtic playing Dundee, Dundee United hosting Aberdeen and St Johnstone facing Partick Thistle. Oscar season may have come to a close but already thoughts have turned to next year’s award ceremony.With a November release date Celtic fans will be hoping their film about paranoia – sorry – injustice in Scottish football will catch the eye just in time for the nominations. The man playing Hugh Dallas will especially feel hard done by if he misses out on the best lookalike category.And while Celtic fans will be used to seeing former South Korean duo Cha and Ki star in adverts, credit where credit is due, Alexis Sanchez has upped the stakes with his new furry friends. last_img read more

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Skyliner Update: Art of Animation Station

first_imgShare This!We’re getting really, really close to Skyliners filling the skies over Walt Disney World, and I for one can’t wait. This weekend, I stopped by Art of Animation to see if they were doing some testing, and while they weren’t, they did have some of the gondolas in the station. Construction walls are still up around some of the station, but enough has come down to give a good look about how the station will appear once it is ready for its debut. And in news that makes me happier than maybe it should, a new building has gone up near the Art of Animation Skyliner Station with…. RESTROOMS! That’s right, there will be close and convenient restrooms to this Skyliner station.An added bonus, the restrooms are also convenient for the playground area outside of the Big Blue Pool.I don’t know about you, but I’m so excited for the Skyliner system to open.Would being at a resort serviced by the Skyliner system make you more likely to book a stay there? Are you unreasonably thrilled about more restrooms at Walt Disney World? Let us know in the comments.last_img read more

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David Novak – show us your YUM award!

first_imgRecognition, Leadership and ListeningLeadership is a privilege.People leave your company because they don’t feel appreciated or they don’t like their boss.Leadership tips to put to work right now.Focus on mindset. Self awareness is key.  Be aware of the brand of you and how people see you.       Assess the upside and the downside of your strengths.       Ask people how they see you. It’s the only way to know.       Get a coach. Get a mentor.       Be a know how junkie.       Celebrate other people’s ideas more than your own.       Be a coach.       Listen to people.This guy was the inventor of Crystal Pepsi, which flopped because he didn’t listen to people who tried to tell him it didn’t taste enough like Pepsi.  He tells the story as a cautionary tale of his own failure to listen to good advice as he rushed to meet his goal. It’s just as well, the stuff was gross.To read the original blog post, please click here.last_img read more

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