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Statement by The Right Hon Perry G Christie Prime Minister and Minister

first_img Bahamian music legend gunned down at home in Turks and Caicos Related Items:bahamas, perry christie, value added tax, wendy craigg Recommended for you Facebook Twitter Google+LinkedInPinterestWhatsAppNassau, 05 Jan 2015 – Mrs. Wendy Craigg, having completed her statutory term as the Governor of the Central Bank of the Bahamas, demitted office on December 31st 2015. Of special historical significance, Mrs. Craigg was the first female to hold this vitally important post in our national financial system. Moreover, she served with utmost distinction throughout her 10 year tenure as Governor and indeed in her prior post as Deputy Central Bank Governor as well.It is particularly laudable that Mrs. Craigg, a career central banker, worked tirelessly to ensure that the regulatory infrastructure for banks and trust companies in The Bahamas conformed to evolving international standards and best practices. At the same time she also saw to it that the monetary stability of The Bahamas was maintained by the application of sound and sensible monetary policies and standards.I applaud Mrs. Craigg for these outstanding achievements and thank her for her many years of dedicated service and unblemished integrity at the helm of the Central Bank. She has been a great credit not only to the Central Bank but to our entire nation.I am pleased that Mrs. Craigg will continue to be of service to our nation as an Economic Policy Advisor in the Office of the Prime Minister.I would also like to congratulate the new incoming Governor of the Central Bank, Mr. John Rolle, who formerly held the post of Financial Secretary and as such was the administrative leader of the Ministry of Finance. Indeed Mr. Rolle played a pivotal role in the implementation of recent public finance reforms, most notably, the introduction of the Value Added Tax (VAT) regime. For that and for his many other sterling contributions to nation-building while at the Ministry of Finance, I thank Mr. Rolle most sincerely.In a very real sense, however, Mr. Rolle, in assuming his new role as the Governor of the Central Bank with immediate effect, is returning home. He, too, is a career central banker, and as such is ideally suited to his new appointment. I wish him well and predict that he will bring to this high office the same integrity, discipline, intellectual ability and expert grasp of monetary policy that distinguished his predecessor, Mrs. Wendy Craigg. Facebook Twitter Google+LinkedInPinterestWhatsApp Bi-lateral talks with Bahamas to resume, UK gives green light to high-level TCI delegation Former PM And Deputy PM Christie and Davis Deep in Water Debtlast_img read more

TCI Youth taking advantage of positive skill building and educational travel opportunities

first_imgFacebook Twitter Google+LinkedInPinterestWhatsAppProvidenciales, TCI, July 8, 2016 – Our children are travelling, and not just for summer holidays but for educational and skill building experiences – the U19 Rugby Team, the Provo Basketball Association team and 21 youngsters of the Cadet program are all off as ambassadors for the country.The Cadets left for St Vincent & the Grenadines yesterday and were seen off by none other than the Deputy Governor, Anya Williams and will be exposed to training in mass casualty management, tactical exercises, map and compass and disaster preparedness with emphasis on hurricane and tropical storms. Facebook Twitter Google+LinkedInPinterestWhatsApp Related Items:last_img read more

WiFi 6 will double your networks range and triple its speed

first_img Share your voice The Wi-Fi Alliance wants you to look for the Wi-Fi 6 logo.  Stephen Shankland/CNET We get it. 5G is a big deal. But honestly, you likely use Wi-Fi networks as much or more with your phone and PC, so tune out the 5G noise for a moment and appreciate what’s coming with Wi-Fi 6.”While 5G is getting much of the limelight, Wi-Fi 6 will have a bigger impact in our connected lives — and sooner,” said FeibusTech analyst Mike Feibus.Wi-Fi 6, the consumer-friendly new name for the tech standard actually called 802.11ax, won’t just boost data-transfer speeds — though it’ll do that, by a factor of three or so. It’ll also reach into corners of our house farther away from network gear, better handle the crush of people at airports and stadiums, and sidestep interference from your neighbors’ noisy network. On your phone or laptop, it should save your battery life, too.No wonder wireless chip designer Qualcomm is betting big on Wi-Fi 6. The company on Tuesday showed off a quartet of processors that’ll bring Wi-Fi 6 to a new range of network equipment — and a number of partnerships designed to telegraph its clout with the technology. “Wi-Fi is ubiquitous and widely accepted,” said Rahul Patel, leader of Qualcomm’s Wi-Fi chip division in an exclusive interview with CNET ahead of Qualcomm’s Wi-Fi event. But with more devices in our houses, and activities like gaming and streaming video putting new demands on networks, there’s a network traffic jam, he said.”Cord cutting is real. What was typically one TV in the average home is now five or six different screens,” Patel said. “There’s a tremendous amount of content sourced through the home that wasn’t before. There’s a congestion problem.”Upgrades — if you payOne of Wi-Fi 6’s biggest advances is OFDMA — orthogonal frequency division multiple access, if you must know — an efficiency-boosting technology purloined from mobile networks. Another is MU MIMO, short for multiple user, multiple input, multiple output. And then there’s 1024 QAM — quadrature amplitude modulation — which bumps up data rates by 30%.Check my colleague Ry Crist’s Wi-Fi 6 explainer for all the details. But here’s what it boils down to, compared with Wi-Fi 5, aka 802.11ac:Double the range — though Qualcomm has built-in mesh networking technology that’ll let multiple wireless access points cooperate to bathe your house in Wi-Fi radio signals.Triple the speed — useful not just for watching 4K video but also for uploading from our phones.Better reliability — good for avoiding video chats plagued by stuttering.Before you get too excited about Wi-Fi 6’s improvements, though, remember that you won’t benefit from Wi-Fi 6 in your home unless you buy new network gear — or wait for your internet service provider like AT&T, Verizon or Comcast to upgrade what they likely supplied you with.Rahul Patel, general manager of Qualcomm's connectivity and networking businessRahul Patel, general manager of Qualcomm’s connectivity and networking business Stephen Shankland/CNET Don’t hold your breath for that. But even there, the shortcomings of today’s Wi-Fi will push ISPs to invest in home network equipment when frustrated customers call, Patel said. “The last thing Comcast wants is a loss of a subscriber to AT&T.” That’s only one side of the Wi-Fi 6 network. You’ll also need new PCs, phones, video streamers, security cameras, smart speakers and anything else that would benefit from Wi-Fi 6’s new range and speed. (Though a few phones like the Samsung Galaxy S10 include Wi-Fi 6.) Qualcomm ships 4 billion Wi-Fi chipsQualcomm isn’t the only company hoping to siphon off some of your upgrade budget. Intel is already selling its Wi-Fi chips, and Patel acknowledges that Broadcom — his former employer for 13 years — is a serious competitor.But Qualcomm has a lot of power. It’s shipped 4 billion chips since 2005, the company revealed for the first time. And its strength in smartphones gives it an ability to ensure new network technology works on both sides of the network connection.Nearly every one of the 225 phone models using Qualcomm’s flagship Snapdragon 855 processor also uses the company’s Wi-Fi chips, the company said. And even though Wi-Fi 6 hasn’t yet arrived in phones, even its existing Wi-Fi 5 products will be able to tap into a battery-saving Wi-Fi 6 technology called target wake time (TWT) that lets phones snooze more often and wake up for network activity less.Qualcomm’s chips reeled in Rivet Networks, a company that sells network modules to demanding gaming PC buyers.”Intel was first to market, and their hardware is really solid, so it made sense for us to introduce Wi-Fi 6 to PCs based on their chipset,” said Rivet Chief Executive Michael Cubbage. But it’ll use Qualcomm chips in newer products. “There is a lot of cool stuff we can do with it,” like simultaneous dual-band access that lets Rivet send top-priority gaming and communication data over the fast 5GHz channel and keep everything else out of the way on the 2.4GHz band, Rivet said.Qualcomm has four Wi-Fi 6 chips for networking equipment. The top-end Networking Pro 1200 can handle a whopping 1,500 simultaneous connections to phones, PCs and other devices.Qualcomm has four Wi-Fi 6 chips for networking equipment. The top-end Networking Pro 1200 can handle a whopping 1,500 simultaneous connections to phones, PCs and other devices. Qualcomm Even with Wi-Fi 6’s advantages, Patel doesn’t expect a rush to upgrade access points. Most people stick with what they have in the house. But you’ll still benefit from Wi-Fi 6, he predicts, because some of its biggest advantages come in places like universities, airports, hotels and offices, where lots of people are using the Wi-Fi network.Better Wi-Fi outside your homeSome of the companies most excited by Wi-Fi 6 are those that cater to customers with hundreds of users. The top-end new Qualcomm chip, the Networking Pro 1200, can handle a whopping 1,500 simultaneous connections to devices like phones and PCs.”Wi-Fi 6 … breaks the mold of existing Wi-Fi design to allow true high-density and simultaneous connectivity,” said Dave Chen, a marketing manager at Hewlett Packard Enterprise’s Aruba subsidiary. By using multiple radios on its access points, each of its Wi-Fi 6 products can accommodate thousands of devices.Wi-Fi 6 is more responsive and predictable, too. “This does wonders where large numbers of users are simultaneously accessing latency-sensitive applications like Wi-Fi calling, 4K streaming video and even augmented reality,” he said.Qualcomm President Cristiano AmonQualcomm President Cristiano Amon says Wi-Fi 6 and 5G networks complement each other. Stephen Shankland/CNET Aruba is enthusiastic about Qualcomm’s new chips — but not so enthusiastic that it overlooks rivals. It’s been selling Wi-Fi 6 network gear since the end of 2018.The upshot is that your life online should get better at home and away.”Wi-Fi 6 is really a sea change. It’s so much better at handling traffic and keeping it moving — through all corners of the home,” Feibus said. “Pick your next router carefully. If you do it right, you’re not likely going to need to buy another one for a very long time.”And one of Qualcomm’s top executives, President Cristiano Amon, isn’t afraid to raise expectations about the new technology.”The benefits are so significant that I believe this is the most significant Wi-Fi technology transition to date,” Amon said.Originally published Aug. 27, 10 a.m. PT.Update, 10:32 a.m. PT: Adds details from Qualcomm’s Wi-Fi event. 40 Galaxy S10E is worth every penny 20 Photos 8:29 Now playing: Watch this:center_img Comments Tags Mobile Meet the Wi-Fi 6 routers that support 802.11ax Qualcomm 5G AT&T Wi-Fi HP Intel Verizonlast_img read more

Domestic fuel price strategic concerns weigh on India as Iran oil waiver

first_imgThe US decision to end a waiver to India and other countries on Iran oil imports is threatening to drive domestic fuel prices up. ReutersThe US has offered to make available crude at concessional terms as India faces runaway fuel price rise when trade with Iran stops as the waiver on oil imports granted to India ends on May 2. However, there is cause for concern that any concession deal could come with strings attached affecting India’s strategic interests involving Iran and Russia.International crude prices have spiked after news emerged of US decision to end the waiver from Iran trade sanctions given to oil imports to India, China, South Korea and Turkey emerged. China and Turkey have taken a defiant stand but India has agreed to stop buying Iranian oil. International crude price has hit a recent high of $74 per barrel and there is a threat that it could go even higher. India’s domestic fuel prices are linked to the international oil price and an increase in international crude price could push up the fuel price and hurt Prime Minister Narendra Modi’s re-election bid in the ongoing general election.The US has strong strategic ties with the Persian Gulf states of Saudi Arabia and the United Arab Emirates (UAE) that view Iran as a regional rival. India, however, has long-standing strategic relations with Iran and cannot afford to alienate the nation, which provides the only corridor for stable access to Afghanistan and Central Asian nations like Uzbekistan, Kazakhstan and Turkmenistan. India developed Iran’s Chabahar port as a counterweight to Chinese-controlled Gwadar port in Pakistan’s Balochistan province. The port is a key hub of the China Pakistan Economic Corridor (CPEC), which is part of China’s ambitious Belt and Road Initiative with economic and geostrategic ramifications. An employee fills diesel in a public bus at a fuel station in Kolkata. The spike in international oil prices has threatened a runaway increase in India’s domestic fuel prices.ReutersBeyond trade, New Delhi considers ties with Teheran as important for containing geopolitical strategies of Islamabad and Beijing. Gwadar port is considered to be part of China’s ‘String of Pearls’, a network of ports intended for Chinese power projection in the Indian Ocean Region.It is not clear whether the US would meet India’s expectation of buying oil under the same lenient terms as Iran provided including a 60-day credit period. Washington has apparently asked Riyadh and Abu Dhabi to help India meet the shortfall with the cancellation of the deal with Teheran.The US is also unhappy about India’s strong defence ties with Russia. India is one of the largest arms importers from Russia and there are ongoing discussions for buying more arms from Russia. US arms manufacturers are direct competitors to Russian arms makers and they have always envied India’s cosy relationship with Russians. Though India is in talks with the US manufacturers for buying more military equipment, the slow progress has been frustrating for them. Any deal with the US for oil at concessional terms could provide US arms makers leverage in trade talks.last_img read more

District Mourns the Loss of Ward 4 Candidate AJ Cooper

first_imgDistrict leaders are somber about the surprise death of A.J. Cooper, a young political aspirant who was looking to run for the Ward 4 seat on the D.C. Council this spring.Cooper, the nephew of former D.C. Board of Education President Peggy Cooper Cafritz, was 34 when he died on Dec. 3. It has been reported that he died of a heart attack.Funeral arrangements have not been announced.A native Washingtonian, Cooper was the host of BET’s Teen Summit and served in the Marine Corps. He was a graduate of the University of Maryland and had worked as the policy director for the D.C. Campaign to Prevent Teen Pregnancy.In 2012, he ran for the D.C. Council as an independent. In the past year, he founded Freedom Farms, an initiative to support urban farming by training low-income residents about growing food and agriculture.Soon after D.C. Council member Muriel Bowser (D-Ward 4) was elected mayor on Nov. 4, Cooper announced his candidacy for her seat. D.C. Mayor Vincent Gray (D) said that Cooper “was a positive force and touched the lives of many.”D.C. Council member-elect Elissa Silverman (I-At Large), whom Cooper supported in the Nov. 4 general election, tweeted that Cooper “was a great progressive ally, activist and friend.” D.C. Council member Tommy Wells (D-Ward 6) said that Cooper was “a joy to be around.”“This is another very difficult loss for our city,” Wells said.D.C. Council member Kenyan McDuffie (D-Ward 5) talked about Cooper on a more personal basis.“I lost a friend and the District of Columbia lost a young activist, social entrepreneur, and above all, a public servant,” McDuffie said. “I will always remember A.J. Cooper for his selfless service to his neighborhood, his community, the District of Columbia and our country. I will miss him deeply.”last_img read more

French Croatian delicacies to entice foodies on Sunday at Café Ekante

first_imgKolkata: Want to enjoy French and Croatian cuisine? Café Ekante in New Town has made an elaborate arrangement to welcome its guests to enjoy quality food and the FIFA World Cup 2018 final on Sunday.The guests can enjoy the game on a big screen, while enjoying French and Croatian special dishes. The final between France and Croatia will start at 8.30 pm. The welcome drinks include Snipper Modrij and Young Embapa. As starters, the guests can have cheese, corn nuggets and fish rolls stuffed with spinach and mushroom sauce. Also Read – Speeding Jaguar crashes into Merc, 2 B’deshi bystanders killedIn the main course there will be caesar salad, green bouquet with French dressing, grilled chicken with reduced espagnole sauce, seafood pasta agloi polio, bread roll and butter, sauce vegetable, herbed rice and caramel custard. The dishes will cost Rs 500 plus 5% GST. Café Ekante, named by Chief Minister Mamata Banerjee, has celebrated World Cup 2018 in a befitting manner for the past one month. The restaurant has been decorated with jerseys and footballs. Also Read – Naihati: 10 councillors return to TMC from BJPThere is a mini goalpost and the guests who can score two goals, will get a discount on their food bill. Those who can predict the name of the winning team, will get a 20% discount on the food bill, which will be valid for one month from the date of the final match. Experts chefs have supervised cooking of the French and Croatian cuisines. Café Ekante has become popular in New Town and its neighbourhoods, as well as in Kolkata. Getting a seat on Saturdays and Sundays is quite difficult. The ambience and food have become popular among foodies. During the World Cup, there were special dishes every day on the countries that were participating in the matches. For example, on the day when England faced Croatia, there was fish and chips on offer.last_img read more