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Surplus Toner Virgin Islands | | 800 9004024 | Toner Surplus Virgin Islands - Video

Referendum voting is low and slow on west coast islands

Presiding officer Praic Conghale, garda Paul Quinn and poll clerk Praic Donoghue look on as Kathleen Conneely casts her vote on Inis Orr. Photograph: Eric Luke

Underwhelming was how several presiding officers summed up activity on nine west coast islands yesterday as the first polling stations opened for the Seanad and court of appeal referendums.

Four Galway West constituency islands and five offshore communities in Donegal South-West were entitled to cast their votes two days ahead of the rest of the State.

On Inishbofin, Co Galway, development manager Simon Murray was first into the polling station ahead of a 9am ferry to Cleggan and a journey to Dublin. He was part of a seven-strong delegation of Comdhil Oilen na hireann, the Irish Islands Federation, which travelled to the Dl to present the islands case for continued funding if populations are to be maintained.

Inis OrrBy late evening on the smallest of the three Aran islands, Inis Orr, 67 people had voted from a total electorate of just over 200 .

On neighbouring Inis Mein, turnout was about 20 per cent by 5.30pm, while in Cill Ronin on Inis Mr, one of two polling stations on the largest Aran island, 95 of 327 registered voters had been recorded by 9.30pm, according to presiding officer Lena Gill.

In Donegal, Sandra Gallagher, one of two presiding officers on Arranmore island, put turnout at about 21 per cent by close of voting in the Leadhgarbh polling station.

Three Mayo communities of Clare, Inishbiggle and Inishturk vote today, and the seven Cork islands tomorrow.

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Referendum voting is low and slow on west coast islands

Fitch Rates Virgin Islands' $51MM Matching Fund Bonds 'BBB'; Outlook Stable

NEW YORK--(BUSINESS WIRE)--

Fitch Ratings assigns a 'BBB' rating to the following revenue bonds of the Virgin Islands Public Finance Authority (VIPFA):

--$51.33 million revenue refunding bonds (Virgin Islands matching fund loan note), series 2013B (senior lien).

The bonds refund outstanding senior lien matching fund revenue bonds for debt service savings and sold via private placement on Sept. 30, 2013.

The Rating Outlook is Stable.

SECURITY

Special, limited obligations of VIPFA payable from and secured by a pledge of and lien on the trust estate of the senior lien indenture, primarily matching fund revenues associated with the Cruzan and Diageo facilities located on the U.S. Virgin Islands (USVI).

KEY RATING DRIVERS

ESTABLISHED PLEDGED REVENUE STREAM: Matching funds are an established revenue stream based on federal law derived from substantially all excise taxes imposed and collected on certain products produced and exported to the U.S.; primarily rum. As the matching fund revenues are not an appropriated revenue source of the U.S. government, they did not fall under the provisions of the recent U.S. federal funding sequestration.

RECENTLY REVISED PLEDGED REVENUE FORECAST WEAKENS SECURITY: The final form of the verification and revenue report issued in conjunction with the recent offering of series 2013A matching fund loan notes was revised substantially from prior forecasts of IHS Global Insight. The revision corrects errors made in calculating the receipt of matching fund revenue from Diageo production and lowers expected total matching fund revenue starting in fiscal 2013 (year ended Sept. 30, 2013) by an annual average of 11.8% through the life of the bonds.

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Fitch Rates Virgin Islands' $51MM Matching Fund Bonds 'BBB'; Outlook Stable

When Islands Pop Out Of The Sea

Pakistanis walk on an island that emerged off the coastline in the Arabian Sea following a deadly magnitude 7.7 earthquake in Pakistan's southern province of Baluchistan on Sept. 24.

But it turns out islands crop up fairly often. Charles Darwin commented on one. And it's been happening in shallow marshy patches off the coasts of Sweden and Finland for millennia.

Darwin's Find

Back in 1835, Darwin found a bit of seafloor that had been wrenched up to the surface in Chile. He recounts the story in A Naturalist's Voyage, published in 1889.

Arriving on the island of Quiriquina after an earthquake, he wrote that some areas looked "as if they had been blasted by gunpowder" and even that "some cows which were standing on the steep side of the island were rolled into the sea."

Darwin also describes fresh chunks of island, hugging what had formerly been the shore. In a journal entry from March 4, he wrote: "During my walk around the island, I observed that numerous fragments of rock, which, from the marine productions adhering to them, must recently have been lying in deep water, had been cast up high on the beach."

The scene prompted a moment of realization.

"A bad earthquake at once destroys our oldest associations," he wrote. "The earth, the very emblem of solidity, has moved beneath our feet like a thin crust over a fluid; one second of time has created in the mind a strange idea of insecurity, which hours of reflection would not have produced."

New Nordic Islands

In Finland and Sweden, islands have been slowly but steadily popping out of the sea for thousands of years.

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When Islands Pop Out Of The Sea