Newspaper lobby seeks Albany allies in fight for sunlight over state finances – Lockport Union-Sun & Journal

ALBANY The lobby association for New York's newspapers is urging lawmakers to reject parts of Gov. Andrew Cuomo's proposed $152 billion state budget, contending the package would make some state contracts less transparent and would give the administration "virtually unconstrained authority" over public works projects.

A memo released in late January by the New York News Publishers Associations to its members argues that the bundle of budget bills framed by the Cuomo administration would harm government transparency in New York.

Specifically, the association, in the memo authored by its director, Diane Kennedy, states that it would allow the governor's administration to bypass the review authority of the state comptroller's office the state's fiscal watchdog with proposed contracts for some public construction projects.

The proposed process being advanced by the Cuomo administration could result in newspapers and local contractors being kept unaware of public works projects being planned for their communities, Kennedy warned.

"The Governors proposal would make this new public works method permanent and expand its provisions to all state agencies, authorities, local governments outside New York City, the State University and City University of New York, as well as their affiliates and subsidiaries," Kennedy said in the memo. "It would apply to all projects expected to cost more than $1.2 million."

In response, a spokesman for Cuomo's Division of the Budget, Freeman Klopott, said the measures being advanced by the governor will equip the state "with tools that will keep public works projects on time and reduce taxpayer costs through a transparent, public bidding process.

Klopott noted that two major design and construction projects, the replacements of the Tappan Zee and Kosciuszko bridges, are proceeding smoothly and "remain on budget."

Kennedy said in an interview that the publishers "are not objecting to best-value contracting and we're not opposed to doing public works in innovative ways. We just want to make sure the public is adequately informed."

NYNPA's members in New York include theLockport Union-Sun & Journal,the Niagara Gazette and the Plattsburgh Press-Republican, all newspapers published by Community News Holdings Inc., the company that also owns The Daily Star in Oneonta.

Kennedy's contention that the public's ability to access state information would be weakened echoes concerns that good-government groups have been making regarding what they contend is the need for greater transparency in public works contracts.

The push for independent oversight over state spending has been led by Comptroller Tom DiNapoli. Cuomo and DiNapoli are Democrats, though their relationship has been rocky.

Lawmakers and Cuomo must be in accord on final budget bills by March 31 for the spending plan to be in place when the new state fiscal year begins April 1. The Senate and Assembly are expected to draft their own budget plans in March, after which negotiations aimed at achieving compromise will commence.

In an interview, DiNapoli said that he shares the concern that "the additional steps being proposed would certainly reduce some of the accountability that comes with oversight."

Of particular concern, he said, is a Cuomo push for "a very significant expansion of executive power without any real check on it. I think that is why the Legislature is taking a close look at it, as well they should."

While it remains unclear whether lawmakers will accept Cuomo's proposals or revise them, DiNapoli said he hopes that the final rush of horse-trading to produce a spending blueprint doesn't occur "at the expense of transparency and accountability."

Cuomo's administration was rocked last year by federal corruption charges against the governor's former top aide, Joseph Percoco, SUNY Polytechnic Institute leader Alain Kaloyeros, lobbyist Todd Howe and six upstate development executives on charges stemming from a probe into bid-rigging and bribery.

In January, Cuomo highlighted the need for ethics reforms, including a 10-point plan in one of State of the State speeches, calling for limits on the outside income of lawmakers as well as term limits for elected officials and an expansion of Freedom of Information Law requirements for the Legislature.

Kennedy's memo also called attention to the fact that the budget proposals would exempt records of complaints filed with the state against ride-hailing companies from being accessed with Freedom of Information Law requests. Cuomo and many lawmakers are calling for authorization for such companies as Uber and Lyft to offer their services in upstate communities. Such complaints are now public record in New York City, where the companies already operate

Joe Mahoney covers the New York Statehouse for CNHIs newspapers and websites. Reach him at jmahoney@cnhi.com.

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Newspaper lobby seeks Albany allies in fight for sunlight over state finances - Lockport Union-Sun & Journal

Pleading poverty, demanding new taxes – Washington Times

ANALYSIS/OPINION:

Stop me if youve heard this story before. Governors and state legislators are pleading poverty again and they are demanding tax hikes of every imaginable kind.

More than half the states are facing big deficits this year and they are mostly blue states like California, Connecticut, Delaware, Illinois and New York and Oregon. (See chart.) These are the highest tax states with some of the deepest pools of red ink. Theres got to be a message here.

But many red states have money woes too, and we now have Republicans chomping at the bit to raise taxes. The biggest fight is in Kansas where the Republican-dominated legislature recently passed a massive income tax hike that would raise taxes on every small business in the state and every wage earner with income above $15,000. Fortunately, Gov. Sam Brownback vetoed the Republican tax hike but they will be back.

Republican governors Bill Haslam of Tennessee, Mary Fallin of Oklahoma and Eric Holcomb of Indiana want gas tax increases. Republicans in Alaska and Wyoming are considering enacting a state income tax to fill funding holes. These are two of the nine states without an income tax.

So what is the source of the budget crises from coast to coast? First, on the revenue side, tax receipts are down because states are front-line victims of the slow-growth era of the Obama years. When the U.S. economy sputters at only 1.6 percent as it did in 2016, state and local tax revenues barely trickle in. So much for the liberal spin that President Obama left behind a healthy economy.

Revenues are also way down in oil-producing states like Alaska, Kansas, Oklahoma, North Dakota, and Wyoming. Liberals are pushing big tax increases in each of these states that not so long ago gorged on new spending during the years of high prices. North Dakota had one year that the budget rose more than 50 percent.

The best thing Washington can do to help states is pass the Trump tax cuts so we get faster economic growth. Nothing heals state budgets quicker than a dose of prosperity.

The even bigger story is the eight-year state spending binge that almost no one is reporting on. Chris Edwards, a fiscal analyst at the Cato Institute, has run the numbers. He reports that state general fund spending has soared 32 percent since 2010. The National Association of State Budget Officers predicts a 4.3 percent hike in fiscal 2017 budgets.

One reason state budgets have spun out of control is Obamacare. Some 20 million Americans have been added to state Medicaid rolls. For now, the feds pay most of the costs. But in several years the patients will still be on Medicaid but the costs will be shifted to the states. All the more reason to repeal Obamacare as rapidly as possible before the Medicaid caseloads grow by millions more.

Its worth noting that many of the blue states that signed up for the Obamacare Medicaid expansions now face the biggest deficits.

Will tax hikes solve the problem? The answer can be found in Connecticut and Illinois. These two states passed multi-billion dollar income tax hikes on the rich. Both have seen their economies get crushed by the out-migration of tax filers to avoid the tax hikes. Today their deficits are still gigantic. Connecticut faces a near half-billion dollar deficit with Democratic Gov, Daniel Malloy calling for his third mega-tax increase to stop the red ink. Illinois has at least $6 billion in unpaid bills following its biggest tax increase in history.

Spending discipline and pro-growth tax reforms are the best formula for reviving state budgets. If Republicans who control 69 of the 99 state legislative chambers think they can tax their way back to prosperity, dont be surprised if they find themselves back in the minority after 2018.

Stephen Moore is an economic consultant with Freedom Works and a CNN senior economic analyst.

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Pleading poverty, demanding new taxes - Washington Times

‘Thousands’ of cancer sufferers forced to borrow money from parents because of financial difficulties caused by illness – The Independent

In addition to the physical and emotional turmoil experienced by cancer patients, tens of thousands are also suffering financially, according to a new report.

More than 30,000 middle-aged people with cancer have had to borrow money from their elderly parents, research by Macmillan Cancer Support found.

An estimated 2,000 people have been forced to sell their homes and move in with their parents because of the costs associated with the illness.

Financial difficulties add a further layer of indignity to suffering cancer, can rob people of their independence and leave them feeling ashamed and distressed, Macmillansaid in thenew report, No Small Change.

Cancer Research's new ad is a live colonoscopy

For 83 per cent of cancer patients, lost income and increased expenditure like travelling to hospital brought about by the disease costs them an average of 570 a month, according to the research.

It is heart-breaking that people in their 40s and 50s with cancer might have to go cap in hand to their elderly parents to ask for money simply to keep a roof over their head or put food on the table, said Lynda Thomas, chief executive of Macmillan.

The cost of cancer is robbing people of their independence and leaving them embarrassed, ashamed and dependent.

Terry White was diagnosed with non-Hodgkin's lymphoma aged 56, and said it was deeply embarrassing having to ask his parents for help with finances during his treatment.

Life before cancer had been comfortable, he said. Id worked hard and saved hard but six months into an eight-month chemo regime our savings had dwindled to nothing and our finances had spiralled out of control.

Mr White, from Nottinghamshire, had to claim benefits for the first time in his life and lived in constant fear of his home being repossessed.

It got so bad that I had to borrow 2,000 from my 78-year-old parents, he said.

It was deeply embarrassing that at this time in my life I was going cap in hand to ask for their support.

Macmillan expressed concern for the future, highlighting the growing numbers of British families in debt and the rising numbers of cancer diagnoses. Nearly half the population is predicted to get cancer at some point in their lives by 2020.

The charity called for urgent action, particularly from the state and financial services.

Borrowing money could cause tension amongst families at a time when people need support more than ever, said Ms Thomas.

While Macmillan is here for anyone facing money worries, we also need the Government, healthcare professionals and the banking and insurance sector to play their part to ease this burden.

People worried about the financial impact of cancer can visit the Macmillan website

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'Thousands' of cancer sufferers forced to borrow money from parents because of financial difficulties caused by illness - The Independent

Government shakeups and political unrest are coming to Stellaris in its Utopia expansion – PCGamesN

Continuing their drip feed of information about the new features present in their Utopia expansion, Paradox have revealed some of the changes that are coming to Stellaris political systems. While the thrust of the Utopia expansion and the free Banks update is mainly to do with empire customization and ethics, it would seem odd if government reform was not included in these sweeping changes. If only government reform were so easy in real life.

If you're one for simulating governments, try these other 4X games.

The government rework will be available to all Stellaris players, with players now being able to create their own government rather than picking from a preconfigured list. You first off start with your Authority, which determines how the transition of power is handled. You can choose democratic rule where power is transferred every 10 years, an oligarchy where a new ruler is elected every 40 or 50 years, a dictatorship where power only changes hands upon a rulers death or an imperial system, where rulers rule for life and power is then passed down the bloodline.

For all the systems that involve the populace electing their leader, you need to take into account the separate political factions that are present in each empire. If youre supposed to be running an inclusive democracy, picking an authoritarian human supremacist for leader may cause some problems. You also have to consider Civics, which gives specific bonuses and should tie into the ethics of your empire. You start off with two Civics slot, with a third being unlocked via additional research. The Civics range from things like environmentalism, mandatory military service, open borders and so on. If you (or an armed populace) decide that the current government direction is not helping society, you can reform your government to change your Authority and Civics slot.

If you buy the Utopia expansion, would be political reformers gain access to certain advanced Civics and a special Authority. The new Civics can turn your empire into the Imperium of Man from Warhammer 40k, violently purging any other alien races and vastly boosting your military output. You can be an entirely mechanised society, where you start off with robot workers or you can be a society where you have another species as a dedicated underclass, used mainly as either cannon fodder or slave workers.

You can also have your empire be a psychically linked hive mind, where there is no need for internal politics as everyone obeys without question. The main downside with creating your own Borg civilization is that you can only assimilate other empires if you have advanced gene splicing technology. Otherwise, any conquered species will eventually die out as they are used to feed the hive mind. You can still perform diplomacy if you want to be a peaceful empire of collective consciousnesses, but non hive mind empires will initially distrust you.

Speaking of conquering species, you can now indoctrinate more primitive species before taking them over. This essentially involves feeding a planet propaganda until they start to line up with your empires ethics, where you can then march in and take over as the conquering heroes. This can also backfire, as the new Unrest stat means that citizens can resist certain policies and even stage an armed revolt if they are unhappy enough. Your efforts to make Ziltron-4 great again may end up with people staging a mass uprising.

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Government shakeups and political unrest are coming to Stellaris in its Utopia expansion - PCGamesN

Utopia is coming, with a basic income for all – The Times (subscription)

A perfect world seems impossible but a provocative new book says it is within our grasp. Its author tells Bryan Appleyard giving everyone a fixed sum can end poverty, cut crime and make healthcare cheaper

Rutger Bregman, a historian, is young and Dutch. These things matter. Opinions and ideas change quite quickly, he says, and Im 28, I have all the time in the world.

And being Dutch? The funny thing is that 15 to 20 years ago in the Netherlands there was this ideology that we were a guide country, a country that should guide other countries give most to development aid and these other things. Now we dont believe that any more.

Being young he can think big thoughts and reasonably expect to see them change the world. Being Dutch he has experienced the most startling case of collapsing postwar liberalism and rising illiberalism in the form of Geert Wilderss far-right Party for Freedom.

That collapse along

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Utopia is coming, with a basic income for all - The Times (subscription)

Lee powers Pacific Oceania to title win – Saipan News, Headlines … – Saipan Tribune

The CNMIs Carol Lee showed poise in her toughest singles match in the 2017 Junior Fed Cup Asia Oceania Pre-Qualifying Zone to lift Pacific Oceania to the title win against Sri Lanka last Saturday at the R.K Khanna Tennis Stadium in New Delhi, India.

Lee eked out a 7-6 (5) victory over Anika Seneviratne in the first set of Singles 1 play and the Commonwealth player rode on the momentum of her close win in the second to ease past her Sri Lankan opponent, 6-2. Lees triumph sealed the deal for Pacific Oceania, as Tahitis Naia Guitton earlier posted a similar hard-earned win over Savini Jayasuriya in the Singles 2 match, 7-5, 6-3. Had the 15-year-old Lee dropped her singles game, she and Guitton would have been forced to play in the deciding doubles match over Seneviratne and Sathi Siyara Silva Mirissage just a few hours after the second singles tiff.

The match against Seneviratne was Lees longest as it finished after nearly two hours (1:42). It was also Lees first singles match that went over an hour and the Sri Lankan top singles player was the first to score three points against the CNMI bet.

Lee, in pool play, shut down the Philippines Gennifer Lysandra Pagente (6-0, 6-0) and Vietnams Ngoc Minh Phuong Nguyen (3-0), and then also blanked Singapores Joelle Goh in the semis before getting a scare from Seneviratne in the first set. The world ranked No. 352 also played against Tajikistans Anastasiya Tursunova and although Lee cruised to a 6-0 win in the first set, the latter gave the CNMI bet a good fight in the second set (3-6) as their singles match took a little over an hour to wrap up.

Lee credited her success in the pre-qualifying tournament to her training in Fiji and the series of tournaments she had been through in New Zealand.

I think I have improved my play since the training and my ITF tournaments in New Zealand. I was confident about myself, knowing that I could win all my singles matches no matter how strong my opponents are, said Lee, who will return to Lautoka to resume her training and prepare for the 2017 Junior Fed Cup Asia Oceania Final Qualifying Zone.

The final qualifier will also be held in India in April with Lee and company joining New Zealand, Australia, Sri Lanka, and 12 other countries from Asia in the battle for the three slots to the world competition.

Im going back to Fiji to train until the main qualifying comes again in India. There will be a lot more good players there so and Im excited to play against them, said Lee, who will be playing in the final qualifier for the second straight year.

Meanwhile, in the Junior Davis Cup pre-qualifier, the Philippines won over Singapore, while Lebanon and Vietnam completed the Top 4. The CNMIs Robbie Schorr and his teammates Clement Mainguy of Vanuatu and Jeremy Guines of Tahiti topped their pool (battle for No. 9 to 14 finishers) after prevailing against Tajikistan, Sri Lanka, and Bangladesh.

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Lee powers Pacific Oceania to title win - Saipan News, Headlines ... - Saipan Tribune

McCartney tops 4.82m Oceania record in Auckland, Crouser throws 22.15m – International Association of Athletics Federations

26 FEB 2017 Report Auckland, New Zealand

Competing on her home track, Eliza McCartney broke the Oceania record in the pole vault, topping 4.82m at the Auckland Track Challenge on Sunday (26).

With her leap, the Olympic bronze medallist, 20, added one centimetre to Alana Boyd's Oceania record, and two to her own New Zealand national record. Her performance is also an early season outdoor world lead.

"I was supper happy to get that," said McCartney, speaking with Stuff.co.nz. "Not only because it's my all-time PB, it's also a massive PB for the run-up I was on."

McCartney used a shorter 12-step approached, four less than her standard run-up. She ended the competition with three tries at 4.90m, but said she was emotionally and physically drained by the time she resumed jumping.

"I think I would have been able to give 4.90m a much better crack if I hadn't had all that emotion in the competition beforehand."

Alysha Newman of Canada was second with 4.50m.

Meanwhile, Ryan Crouser of the US, the Olympic shot put champion, extended his own world lead and streak of 22m-plus early season competitions with an impressive 22.15m effort, a ten centimetre improvement on his world lead and New Zealand all-comers record he set a week ago in Christchurch.

Competing against Olympic bronze medallist Tom Walsh before a large vocal crowd for the second week in a row, Crouser dominated the event, sending four of this six efforts beyond the 22-metre line.

Opening with 21.71m, Crouser improved to 22.03m in the second round, to 22.08m in the fourth, before capping the event with back-to-back 22.15m throws in rounds five and six.

"I was just hoping to match Christchurch here and managed to be really consistent," Crouser told Stuff.co.nz.

"This is probably my most consistent meet outside of the Olympics and it's still really early so I'm really, really happy."

Walsh finished second again with a consistent series of his own. Opening with 21.58m, he reache 21.67m in round three and 21.80 in the fourth, another season's best.

Jacko Gill was third with 20.92, just nine centimetres shy of his personal best set in Wellington five weeks ago.

Elsewhere, Brett Robinson of Australia won the 5000m in 13:22.93.

Bob Ramsak for the IAAF

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McCartney tops 4.82m Oceania record in Auckland, Crouser throws 22.15m - International Association of Athletics Federations

Rekindling the Caribbean Renaissance…70 years on – Jamaica Observer

I offer support for the objectives of Black History Month by placing on its agenda the need for an urgent Caribbean dialogue on the development challenges facing our people. Where we have reached in our historic flight to freedom as a community needs to be assessed, and the depth of our dedication to promoting popular democracy should to be reviewed at this time.

We are gingerly entering the second, potentially seismic, phase of regional nation-building. This, in 2017, cries out for reflection. Already it presents itself as a significant marker in our regional affairs and a disruptor of global systems and sensibilities. But critically, it is the 70th anniversary of that seminal sequestering of Caribbean political and civil rights leaders at Montego Bay, Jamaica, in 1947, where they outlined the road map for regional development.

The 1947 summit, following the publication of the Moyne Report into the workers democracy wars of the 1930s in our Caribbean region, set the course with manifesto-style declarations that framed the first phase of the regional development agenda. Political and labour leaders were never clearer in their representation of the will of the people. They were morally courageous, fiscally sound, and financially futuristic. It was the regions first collective rising of its political leadership.

The moment and movements were clearly defined and the political leadership was hell-bent on justice, freedom, and dignified democratic development. From Montego Bay, the Caribbean Renaissance was launched.

On its 70th anniversary, there is a growing feeling of flux in Caribbean fellowship, and the 1947 declarations for development seem fractured by fiscal stress. Policy priorities are less people-centred and more consistent with our external financial circumstances. The top public priority is global alignment for economic growth. But economic alignment options are demonstrating that they can be socially damaging to the governance fabric of society. This is not an easy enterprise.

Communist China, our fastest-emerging partner, is now the avid advocate of free trade and open borders, while quintessentially capitalist America the ancient opportunity provider is evangelical about trade protectionism and building borders. Britain, always crisp and clear on which side its bread is buttered, has moved to abandon the European Single Market and Economy, and is reckoning on returning its gaze to the recently relegated Commonwealth.

Within these global goings-on, we are seeking to determine our domestic direction and destiny. There is intense internal anxiety. At the heart of it is the growing realisation that economic growth has been persistently elusive while social growth is now rejected as too expensive.

Finding balance between these equally important agendas can no longer be taken lightly. The 2016 Human Capital Report of the World Economic Forum, for example, states clearly that investing in social growth, in the human resource, goes beyond the importance of the economic growth imperatives. It states: A nations human capital endowment the knowledge and skills embodied in individuals that enable them to create economic value can be more important determinants of long-term success than virtually any other resource.

The strategic reasons that informed the Montego Bay declarations were clear enough:

that the imperial oppression of our people was over, dead and awaiting burial;

that the West Indies was one social community awaiting formal political integration and economic rationalisation;

that regional institutions, like the West Indies Cricket Board which was forged exactly 20 years earlier, would be created to mobilise the best of our collective abilities for practical regional action;

that greater social growth, in addition to economic growth, was urgently needed to end majority social exclusion, historical structural inequality, and entrenched racial and class bigotry; and

that our English-speaking subregion should breach imperial barriers and reach across the blue aisle to pursue greater trade and investment with the wider Caribbean.

Where have we reached with respect to implementing the 1947 Montego Bay Manifesto? Clearly there have been many significant successes. Victories arising from the vision are everywhere discernible. Equally true is that some vanquished efforts are etched deeper in our consciousness, largely because they were bruising and bloody.

From Montego Bay we took off with dazzling speed in 1948. For four decades a transformation trail was blazed within the region. With the decade, for example, the political federation project was implemented but soon gave way to a plurality of singular nation states. The fragmented configuration has not produced a better life. The colonial carcass was only partially buried, and in a shallow grave to boot.

The social growth agenda was respected at the outset. Launched in 1948 in spectacular fashion was The University of the West Indies missile, which when nationalised in 1963, and recharged by Sir Arthur Lewis as an indigenous engine, dedicated itself to regional economic transformation, ethnic equality and social justice, and to popularising the principle of mass political participation.

Beyond the boundary of formal politics, George Headley, born in Panama to a black Bajan father and a Jamaican mother, ended six decades of leadership apartheid in the regional cricket culture in 1948, when in the Test against England at Kensington Oval he became the first player from the poor classes to captain the West Indies team. In this Test Series the three Ws Everton Weekes, Clyde Walcott and Frank Worrell made their international debut. With Sonny Ramadhin our first phenomenal innovator of Indian origin, they boldly launched our first West Indian bid for a world title in 1951. Indeed, 1948 was the greatest of modern Caribbean years.

Today, gaining ground as a research hypothesis is that the 1947 regional development framework has been largely defeated and set aside. It is purported that a less ideologically bold and more functionalist regional leadership has revised the agenda and invested it with considerably reduced idealism, increased insularity, and greater programmatic pragmatism.

A conclusion drawn is that our region is off track in respect of sustainable development, having effectively distanced itself from the 1947 beacon. Within this narrative, the community is defined as manifesting many of the classic symptoms of intellectual fatigue and exhaustion. Citizens are said to be riddled with self-doubt, and primed for a race to further fragmentation.

Finally, and tragically, it is suggested that as a community we now see the primary opposition to our indigenous ideas and ideals as residing within. As a consequence, we have turned inward our vexation, violently unleashing rage upon ourselves.

The current United Nations Development Report for the region tells the bleak picture: that deep-seated social inequalities and injustices reside at the core of our fractures and failures, and are the main root of shortfalls in economic growth expectations. Our region, for example, sits at the bottom of the hemispheric ladder in respect of youth (18-30 years) enrolment in higher education, professional development, and technical training. Within the wider Caribbean family context, our English-speaking sub-community occupies the basement.

Equally disturbing is the inference within the report that our social capital that is, the cognitive and technical skills set, both in quality and quantity of our citizens is inadequate for the attainment of the level of economic growth pursued. It has been known for decades that a shortage of critical skills, more so than capital, holds back our development. Nearly 60 per cent of our citizens, for example, continue to reside in shockingly shabby material and institutional environments to which we have become far too tolerant. Abject poverty is on the increase. Rising crime rates and general social insecurity in many communities seem unresponsive to the attainment of baseline economic growth.

Commitment to wealth creation, however, must be firm and unwavering. Research and innovation and dynamic entrepreneurship are inseparable. But economic growth must not be seen mechanically as a precondition for social growth. Low productivity is as much socially caused as it is economically impactful. It is no coincidence that our regional economy has shown the most sluggish recovery in the hemisphere from the 2008 global financial and trade recession. Inevitably linked to this chain of causality is our possession of the lowest levels of formal research, higher education enrolment and skills, and professional training. It is drastically narrowing broad-based economic participation and engagement. It is impaling the peoples innovation impulse, endangering entrepreneurial flair and creativity, leading inexorably to diminished competitiveness and less wealth creation.

The rhetorical reference in the region to the vital role of small and medium-sized businesses in economic growth strategies points to the ultimate importance of the social growth agenda, and urgently awaits actualisation.

The social economy, then, is equally important in viewing and measuring what we have attained and where we are today. In the Test cricket arena, for example, our fall from global awesomeness to local awfulness tells the surreal story of rising economic growth and falling social growth. We are the only competing Test nation in which senior players effectively reject national representation. By snubbing national selection in favour of personal marginal enrichment, they are preventing us from deploying our best and finest in the international arena. We are crippled by our inability to be cohesive.

What is important here is that citizens are casting aside community needs and placing self above state as a post-International Monetary Fund sensibility. The idea that the state has cut adrift vulnerable citizens as a conditionality of its own survival has engendered this social backlash. It has bred a political culture that will soon be entrenched with the potential to ultimately subvert the sustainability of sovereignty. This is but one example.

Our collective victories and successes since 1947 constitute the Caribbean Enlightenment and Renaissance. It is necessary to rekindle the fire of 1947. This 70th anniversary presents a lens through which we can enlarge our comprehension of the 1947 moment. It is now time to review the mission and movement since Montego Bay.

A 21st century review of the Montego Bay Manifesto, therefore, is required in order to grasp the relatively greater opportunities that only a regional approach can garner. The New World Group that constituted our finest intellectual and public advocacy intervention should be revisited and brought back fit and equipped for purpose. New World 2 for the 21st century is a good beginning.

Achieving greater social equality and mobility for the masses of citizens is as valuable as the fiscal empowerment of entrepreneurs for wealth creation. The legal right of indigenous African and Asian-descendant peoples in the Caribbean to reparatory justice for crimes committed against their communities under slavery and colonialism is as important to nurturing social growth as sensible monetary measures are to encouraging investment. We in academia and in industry, along with the State and civil society, must move swiftly towards consensus to push forward our societies and economies with innovation and technology within the context of regionalism.

The return to self-confidence to promote self-determination will not be without sacrifices. We must resolve to share this burden equitably within our regional community. This is the only way to avoid a future of further fragmentation and mutually assured deterioration. It is one way to rebuild trust in Caribbean fellowship and citizenship that is the hallmark of sustainable growth. Marcus Garvey preached this philosophy across our region before 1947, and Frank Worrell proved it thereafter.

A balanced approach to social growth and economic transformation can produce the political consciousness and corporate sensibility necessary to make many of the difficult public choices. This is the core of what we idealise as the Nordic Model. It is also the enduring feature of the Social Partners Protocol that continues after two decades to provide hope for the people of Barbados.

It is the decline in social growth in recent decades, for example, that has frustrated general support for important initiatives such as public sector reform and indeed land reform. It has also inhibited the pace of economic diversification of the traditional economic sectors.

Repurposing the passion of 1947 for regional action is entirely necessary and possible. It is a precondition for upsizing development on multiple fronts while we imagine the state of our sovereignty in 2047. Let us, then, begin a refined reflection in this year. Our precious Caribbeanness is the prime asset to be centred, cared for and celebrated as we stir our collective energy.

This is also a prime time for the academic community to move to the fore, once again, and give of its best. It must intellectually stimulate rather than frustrate the higher aspects of our collective Caribbean consciousness. Fancy fiscal footwork will not by itself generate the context for the greater growth needed.

In this regard, the entire regional university sector can and must do more. It has to step up its strategies many notches and engage both the social and economic growth paradigms with greater aggression and alacrity. This Black History Month in 2017 is as good a time as ever to begin rekindling the Caribbean Renaissance.

Professor Sir Hilary Beckles is Vice Chancellor of The University of the West Indies and chairman of the Caricom Reparations Commission.

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Rekindling the Caribbean Renaissance...70 years on - Jamaica Observer

Caribbean cruises, Cancun and London are popular vacation destinations for Americans – NRToday.com

Caribbean cruises and Cancun are the top two international vacation destinations for Americans in 2017 just as they were last year, but with the value of the U.S. Dollar at near record highs, London moves up a notch to number three in a new survey of travel professionals.

As part of its annual Travel Trends Survey, Travel Leaders Group polled 1,689 of its U.S.-based travel agency owners, managers and frontline agents about the international destinations theyve booked for 2017.

A Caribbean cruise is the number one international destination for 2017, as cited by 37.6 percent of respondents. Caribbean cruises are followed by (2) Cancun, Mexico, 31.2 percent; (3) London, 26.9 percent; (4) European river cruises, 21.8 percent; (5) Rome, 20.5 percent; (6) Punta Cana, Dominican Republic, 17.3 percent; (7) Paris, 15.4 percent; (8) Mediterranean cruises, 15.1%; (9) Montego Bay, Jamaica, 14.4%; and (10) Playa del Carmen/Riviera Maya, Mexico, 12.5%.

Fans of Caribbean cruises will have more options in 2017, with several new ships setting sail from South Florida including Royal Caribbeans Harmony of the Seas, the worlds largest cruise ship. Highlights include 20 dining options, a full-service spa, seven iconic neighborhoods to stroll through, a kids water park and the tallest slide at sea.

Pristine beaches make Cancun one of Mexicos top tourist destinations. But theres plenty of entertainment to go with the sand and sun.

The Brexit decision by British voters to leave the European Union has sent the pound plummeting, making a London vacation significantly less expensive than its been in years. Among the years must-see events will be a tribute to Princess Diana on the 20th anniversary of her death.

Kensington Palace opens Diana: Her Fashion Story opened last week, with some of her most iconic outfits on display.

European river cruises continue to find exciting ways to tempt travelers.

Avalon Waterways is offering a new 9-day trip along the Danube from Linz, Austria, to Budapest, Hungary. The journey includes excursions for passengers who want to maintain an active pace, from a running tour of Vienna to canoeing, hiking and biking.

The city of Rome celebrates its birthday on April 21, and the Natale di Roma is a fun time to be in the Italian capital, with street performers, historic reenactments, parades and live music spread out across the city. Therell be special events in the week leading up to the celebration, too.

Travelers seeking relief from the winters cold will find a haven in sunny Punta Cana, in the Dominican Republic. A highlight is the Punta Cana Carnival on the second Saturday in March, featuring a parade of dancers and musicians that offers a showcase for the countrys rich culture.

More Americans are booking trips to Paris in 2017, as the City of Light moves up to 7th place in the survey, from 11th in 2016. Iconic attractions like the Eiffel Tower and Notre Dame will be joined by a new museum dedicated to designer Yves Saint Laurent.

To plan a vacation anywhere in the world, contact Travel Leaders/Fly Away Travel 541-672-5701.

Reporter Dan Bain can be reached at 541-957-4221 or e-mail at dbain@nrtoday.com.

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Caribbean cruises, Cancun and London are popular vacation destinations for Americans - NRToday.com

Caribbean female voices say there are greater roles for first ladies – Antigua Observer

New Story

Several women of prominence are calling for the Caribbeans first ladies and the spouses of heads of government to be allowed more prominent roles in the development of their countries and the advancement of various causes.

The call comes on the heels of the establishment of a Caribbean First Ladies/Spouses Network (CARIFLAN) to champion the Every Caribbean Woman Every Caribbean Child (ECWECC) initiative.

The United Nations Population Funds (UNFPAs) Deputy Regional Director for Latin America & the Caribbean, Sheila Roseau said, It should be what they are comfortable with and what they believe in and what they want to champion.

She added, Its not for us to give them something to focus on that they dont want to focus on, but its for them to determine what their priorities are and what they would like to do.

Speaking on OBSERVER Radios Big Issues yesterday, Roseau was joined by former ambassador and United Progressive Party (UPP) caretaker, Joan Underwood who advised that there was already a model from which the newly formed CARIFLAN can take example.

There is a grouping of African first ladies and they have tackled some extremely weighty issues from micro finance to food security. There is benefit in extracting and adopting what has been done and suiting it for your own situation, Underwood said.

She also argued that the issues which CARIFLAN has agreed to address domestic violence, teenage pregnancy, cervical cancer, mother-to-child transmission of Human Immunodeficiency Virus (HIV)/ Acquired Immune Deficiency Syndrome (AIDS) and trafficking in persons are not womens issues.

These are national issues. These are human rights issues. These are economic issues and they are extremely impactful issues, and these spouses do have certain privileges and certain access that will allow them to be impactful, she said.

(More in todays Daily Observer)

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Caribbean female voices say there are greater roles for first ladies - Antigua Observer

Costa Magica caught fire in engine room during eastern Caribbean cruise – Maritime Herald


Maritime Herald
Costa Magica caught fire in engine room during eastern Caribbean cruise
Maritime Herald
COSTA MAGICA The cruise ship Costa Magica caught fire in engine room during a voyage to Pointe-a-Pitre in Guadeloupe. The vessel was on cruising in eastern Caribbean, when in early morning of February 24 there was announcement for fire in engine ...

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Costa Magica caught fire in engine room during eastern Caribbean cruise - Maritime Herald

5 Budget All Inclusive Holidays in the Caribbean – Caribbean Journal

Youre sitting on the beach, reaching for another ice-coldpia colada, looking up at a spectacular Caribbean sky.

There are great beach getawaysfor every kind of traveler, but theres a misconception that al all inclusive holiday is always overly expensive.

Thats not the case.

You see, going all-in doesnt have to mean going all out when it comes to the budget; yes, there are all-inclusive holidaysthat offer dreamy beaches, modern amenities and serious bang for your buck all over the Caribbean.

From chic Barbados to the beach-filled Bahamas, weve selected five of the Caribbeans best budget all-inclusive hotels, where you can add up the savings as you soak up the sun. CJ Travel Editor Sarah Greaves-Gabbadon offers up five all-inclusive holidaysfrom around the islands.

RIU Republica, Dominican Republic Adults in search of sun, sea, and sand with premium booze, plentiful dining options and free WI-FI on the side can find it all at this 1,000-room resort thats possibly the best bargain in Punta Cana.

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5 Budget All Inclusive Holidays in the Caribbean - Caribbean Journal

Employee Poaching a Growing Concern for Caribbean Hoteliers … – TravelPulse

PHOTO: Sandals Negril, Jamaica. (Photo via Flickr/Gail Frederick)

As foreign hotel developments surge in the Caribbean, a growing number of local hoteliers are faced with the prospect of losing talented, long-standing employees. The employees are being approached by the newer, international properties with the promise of better money and benefits.

I dont like what I am seeing, in some instances where a new property is being built in the Caribbean and there are not enough skilled workers to man the operations, we just seem to be stealing each others staff, said Karolin Troubetzkoy, president of the Caribbean Hotel and Tourism Association (CHTA) in an interview with the Caribbean Media Corporation (CMC).

Troubetzkoy, who is also an hotelier, said the practice could ultimately lead to a lower customer satisfaction rate across the region.

For his part, St. Lucias prime minister, also the nations former tourism minister has said, It is a free market and labour is free to move wherever it wants to be able to move.

However, he also added that it was bad planning on the part of new hotels to not implement their own training programs in advance of opening.

At issue is that many of the locally owned hotels and brand spend significant time and money on employee training programs, only to have those employees lured away by international properties. Attracted by the higher wages, the employees leave, but then often find themselves in career situations that offer no further advancement.

The CHTA president has said that personnel development is at the forefront of the associations agenda for the year, and the CHTA will be amping up training programs region-wide.

Sandals Resorts International, a Caribbean-owned and operated company, has said it does not condone employee poaching, a practice it calls unethical and fragmenting. But, says the resort company, it is also a reminder that hoteliers should invest in high-quality training programs for their employees, which can go a long way in helping guard against such activities.

Sandals offers training and certification programs for employees at all levels, including scholarship programs for secondary education up to doctorate degrees. In Saint Lucia alone, Sandals has provided training for more than a thousand employees in the past few years, at no cost to the employee.

It is clear that some of the larger, foreign brands simply do not have the capacity to train, nor do they care to invest in training, which has led to the concern expressed by the CHTA about them enticing workers away from established organisations that have invested in building the tourism sector over many years, said Sandals Resorts International in a statement. Many of these workers may find themselves in an environment that does not offer opportunities for further development like Sandals provides with the SCU which means that their personal growth may be stunted unless they take money out of their own pockets to invest in training and development.

We must find a way of training everybody and having more skilled workers available, not just in customer service but in culinary arts, and the technical side such as in IT technology maintenance, there are lots of job opportunities in the tourism sector, said Troubetzkoy to the CMC.

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Swimming pigs of the Exuma Cays, Bahama’s killed and tourists are … – Metro

Several pigs have been killed and thrown into the sea (Picture: Getty)

A number of world-famous swimming pigs have been found dead inthe Bahamas and it isfeared they may have been killed deliberately.

Initial reports said that 15 of the pigs had been killed, but that figure is nowmore likely to be seven or eight. However, that leaves just seven or eight left alive on the Exuma Cays.

They were thrown into the sea after they were discovered on Friday according to the Bahamas Humane Society.

President of the charity, Kim Aranha, told the Tribune: I understand there are seven or eight pigs still alive. Its still unclear on the number of animals that are dead. Id say its more than seven, but certainly not the 15 as initially reported on social media.

She added: It could just be a horrible accident where they ate something poisonous. It could be malicious but I dont really see why someone would go out of their way to hurt those lovely animals.

I know there are a lot of silly sailors that go and feed them alcohol to try and get them drunk but thats not to mistake them with the tour operators based out of Nassau who have treated them with excellent care.

The pigs attract travellers from across the world and there are now fears that their deaths could harm tourism, a major source of income for the islands.

One of the pigs owners, Wayde Nixon, said that he believes they may have been given the wrong food.

He told the Nassau Guardian: Wehad them pigs there almost 30 years, and never has this happened before, but now we are going to have to regulate it.

Right now its blowing out of proportion with people, anybody bringing food there, anybody doing what they [want to] do.

We have people coming there giving the pigs beer, rum, riding on top of them, all kind of stuff.

The remaining pigs are said to be healthy and have been examined and given vaccines as a precation.

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Swimming pigs of the Exuma Cays, Bahama's killed and tourists are ... - Metro

Bahamas face US in fifth place playoff after beating Trinidad | The … – Bahamas Tribune

By BRENT STUBBS

Senior Sports Reporter

bstubbs@tribunemedia.net

DESPITE being outsized and eventually outmanned on the pitch on Saturday, the Bahamas men's team held off Trinidad & Tobago 5-2, highlighted by two impressive goals from captain Gavin Christie and one each from tournament leading scorer Lesly St Fleur and Gary Joseph, in the CONCACAF Beach Soccer Championship.

With the win in the playoff round at the Malcolm Park Beach Soccer Facility at the foot of the Sir Sidney Poitier Bridge, the Bahamas clinched a match against the United States at 6.45pm on Sunday in their final game of the week-long tournament for fifth and sixth places in the standings in the field of 16 nations.

The US - who won the title in Nassau in 2013 - enjoyed a 6-1 rout of Jamaica, who will play Trinidad & Tobago in the seventh place playoff game.

Bahamas Coach Alexandre Soares, assisted by Stephen Bellot, said the team is coming into its own and performing at the level that he expects them to, going into the FIFA World Cup in Nassau in April as the host of the 16 nations coming in.

"Every day, every game is important for the ranking," Soares said. "Every game we win, it's important for us as we prepare for the World Cup."

Soares said they face a very competitive team on Sunday in the US, who they defeated during a trip to Europe when they prepared for this tournament, but he admitted that they will have to perform at their best if they intend to come out on top again.

The game with Trinidad & Tobago started as a defensive battle as neither team was able to capitalise on numerous attempts to score in the scoreless first period. Just before the break, the Bahamas received a scare when Dwayne Forbes was clipped on his head by Trinidad & Tobago's Lemuel Lyons and he needed medical attention after he came off the field by team physician Eugenia Patton.

Three and a half minutes into the second period, Joseph's shot hit the outside of the right post. With the goalkeeper pulled out of position midway through the period, Joseph tried to get a quick pass into Christie, but the keeper managed to get back in time to prevent the Bahamas from scoring.

However, with 5min 45sec remaining in the period, Joseph broke away from his defender and fired in the first goal and the celebrations began. Shortly after, the crowd went wild as St Fleur broke away from his defender, got a pass into Forbes and with Christie anxiously waiting in front of the post, he slipped a shot into the corner of the net to make it 2-0.

Forbes came back to start the final period and just over four minutes in, Christie powered past a defender and after drawing the goalkeeper out, was able to boot in his second goal to push the Bahamas lead to 3-0. However, in the build up, Forbes got another head injury and had to leave the game.

The game got physical halfway through the third period when goalkeeper Torin Ferguson attempted to snatch the ball from Trinidad & Tobago's pesky David McDougall. He got a little roughed up and Nesly Jean came to his rescue, but both received a yellow card from the referee.

A minute later, Ferguson sent a long pass to St Fleur, who found the back of the net on a reverse kick to make it 4-0. It was St Fleur's tenth goal of the tournament, the most by any player.

Trinidad & Tobago eventually got on the scoreboard thanks to Jesse Bailey's shot up the middle against Bahamas' number two keeper Ferguson, who was given the start over Ivan Rolle.

With 1min 38sec left, Lyons fired a free kick up the middle to make it 4-2 as Ferguson was unable to stop the shot.

As the game started to wind down, one of Trinidad & Tobago's coaches was ejected for arguing the calls.

Then with 50 seconds left, Williams was ejected after Trinidad & Tobago's Lyons was awarded a free kick. Williams had attempted to defend what he felt was an aggressive foul on Jean. The Bahamas ended up with just three players on the field of play. With 33 seconds left, Forbes was fouled and had to leave the game as Joseph came in and from the free throw, he drilled the ball past Trinidad & Tobago's goalkeeper, completing a 5-2 win.

Mexico and Panama will contest the final on Sunday night. Defending champions Mexico saw off Guadeloupe, who had beaten the Bahamas in the quarter-final on Friday night, 3-0 while Panama turned the tables on El Salvador, winning on penalties after a 2-2 draw. In the group stage, El Salvador had beaten Panama on penalties after a 4-4 tie.

Saturday's results

Turks & Caicos Islands 4 US Virgin Islands 1

Belize 6 Barbados 2

Canada 6 Antigua & Barbuda 1

Costa Rica 5 Guyana 2

United States 6 Jamaica 2

Bahamas 5 Trinidad & Tobago 2

Panama 2 El Salvador 2 (Panama win 2-1 on penalties)

Mexico 3 Guadeloupe 0

Sunday's programme

11.15am: Barbados v US Virgin Islands (15th-place playoff)

12.30pm: Belize v Turks & Caicos Islands (13th-place playoff)

1.45pm: Antigua & Barbuda v Guyana (11th-place playoff)

3pm: Canada vs Costa Rica (9th-place playoff)

4.15pm: Jamaica v Trinidad & Tobago (7th-place playoff)

5.30pm: El Salvador v Guadeloupe (3rd-place playoff)

6.45pm: Bahamas v United States (5th-place playoff)

8pm: Mexico v Panama (Championship match)

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Bahamas face US in fifth place playoff after beating Trinidad | The ... - Bahamas Tribune

Junior golfers fare well at Bahamas tournament – Cayman Compass

Two of Caymans junior golfers, Andrew Jarvis and James Bould, demonstrated their skill in the inaugural Albany, Bahamas Junior Classic Tournament, hosted by The Hurricane Junior Golf Tour on Feb. 11 and 12.

The event drew competitors from across the U.S. and the Caribbean.

Andrew played in the Boys 16-18 Division, shooting 80-82 on the 6,700-yard course over the two days. He placed fourth in a very competitive field, after Florida golfers Ben Pirro (first) and Callum Brown (second), and Georgia-based Tripp Murphy (third).

James Bould, 11, earned a third-place finish behind Will McGriff of Florida and Colt Ingram of South Carolina. James shot 95-92 on the 5,300-yard course, nailing five pars in a row in round two to land himself a spot in the top three. His top-three finish at this tournament secured James an exemption into a mid-season invitational tournament at Sea Island in Georgia in June.

Up next

The local circuit continues with rounds five and six of the Digicel Junior Golf Series in March and May, and a team will also be preparing for the Junior Caribbean Championships in Trinidad in July.

For full tournament results and more details about CIGA junior and senior events, go to http://www.ciga.ky.

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Junior golfers fare well at Bahamas tournament - Cayman Compass

Exclusive: Algeria’s Sonatrach in talks to begin offshore drilling – source – Reuters

By Lamine Chikhi | ALGIERS

ALGIERS Algeria's Sonatrach wants to start offshore oil drilling and has begun discussions with U.S. operators Exxon Mobil Corp (XOM.N) and Anadarko (APC.N) as well as Italy's Eni (ENI.MI), a source at the state energy company told Reuters on Sunday.

The North African OPEC member nation has struggled to attract oil investment in recent years because of tough terms that have made foreign companies wary.

Sonatrach last year began a more flexible approach to bilateral talks with foreign partners.

Low oil prices have also pressured Sonatrach, prompting it to focus on developing production at more mature fields in the southern Sahara and bringing online delayed gas projects. Offshore drilling could offer another area for growth.

"Seismic operations carried out by Sonatrach have shown an interesting potential in the areas including Bejaia and Oran," said the source, who asked not to be identified. Bejaia is an eastern port and Oran is a port city in western Algeria.

Algeria needs the know-how and expertise of major international firms to launch offshore drilling, the source said.

"Foreign partners, including Anadarko, Exxon Mobil and Eni were invited by Sonatrach to provide technical assistance given the experience they acquired in the Gulf of Mexico and deep water in Mozambique," the Sonatrach source said.

"The offshore is complementary to our operations in the south. It will also contribute to boosting our output," the source said.

The source did not give any information on the timing or scale of any offshore projects.

Such details, including when the drilling will start, are expected to be announced soon by Sonatrach's leadership, the source said.

Algeria's earnings from oil and gas fell to $27.5 billion in 2016 from $35.7 billion in 2015 and more than $60 billion in 2014.

Algeria's oil output was previously estimated at 1.1 million barrels per day (bpd) but it has cut production by 50,000 bpd under an agreement between OPEC and non-OPEC producers aimed at raising crude prices.

(Editing by Patrick Markey and Jason Neely)

MELBOURNE London zinc prices have nearly doubled over the past 13 months and are closing in on nine-year highs, but signs of tightening in the global market for refined zinc means the rally may have further to run.

NEW YORK Passive investment funds are poised to shift an estimated $2 billion from far-term to near-term crude futures over the next week, anticipating an energy market rally as a historic OPEC output cut slashes supply.

BAGHDAD Iraq signed a $500 million agreement with ABB to implement energy projects, Prime Minister Haider al-Abadi's office said in a statement on Sunday.

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Exclusive: Algeria's Sonatrach in talks to begin offshore drilling - source - Reuters

Eidesvik offloads offshore construction vessel – Splash 247

February 27th, 2017 Grant Rowles Europe, Offshore 0 comments

Norways Eidesvik Offshore has sold 2009-built offshore construction vessel Viking Poseidon to an unnamed buyer.

Eidesvik says a deposit has already been paid and delivery is expected to take place mid-March.

The sale will have a positive effect of around NOK180m ($21.5) according to Eidesvik, after it recorded a NOK130m ($15.5m) impairment charge on the vessel in the fourth quarter of 2016.

Viking Poseidonrecently came off a contract with Siemens Wind Power supporting operations in the German sector.

The vessel was previously on charter to Harkand, who cancelled the contractin May 2016 after into went into administration.

Grant Rowles

Grant spent nine years at Informa Group based in London, Sydney, Hong Kong and Singapore. He gained strong management experience in publishing, conferences and awards schemes in the shipping and legal areas, working on a number of titles including Lloyd's List. In 2009 Grant joined Seatrade responsible for the commercial development of Seatrades Asia products. In 2012, with Sam Chambers, he co-founded Asia Shipping Media.

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Eidesvik offloads offshore construction vessel - Splash 247

Total Gabon Refocuses on Its Principal Offshore Assets by Selling Interests and Transferring Operatorship in Several … – Business Wire (press…

PORT-GENTIL, Gabon--(BUSINESS WIRE)--Regulatory News:

Total Gabon (Paris:EC) has signed an agreement with Perenco for the sale of interests in five mature fields and the Rabi-Coucal-Cap Lopez pipeline network. The agreement also includes the transfer of operatorship on certain other fields. The transaction represents a value of $177 million before adjustments, and is subject to approval by the authorities.

Under the terms of the agreement, Total Gabon will divest all of its interests in the onshore Coucal, Avocette and Atora fields as well as the Rabi-Coucal-Cap Lopez pipeline network, and a partial interest in the offshore Hylia field. Operatorship of these assets will also be transferred to Perenco. In addition, Total Gabon will sell all of its interest in the onshore non-operated Igongo field. The production from the fields being divested represents about 5,000 barrels per day (b/d), or 10% of Total Gabons 2016 SEC production.

In addition, Total Gabon will transfer the operatorship of the offshore Grondin, Gonelle, Barbier, Mandaros, Girelle and Pageau fields to Perenco while retaining its existing 65.3% equity interest in the assets. This change in operatorship will generate the opportunity for synergies with Perencos nearby operations.

Unaffected by the transaction are Total Gabons operated interests in the Anguille area, the offshore Torpille, Torpille Nord Est and Baudroie-Mrou fields, the deep offshore Diaba permit and the Cap Lopez oil terminal. Total Gabon will also retain its non-operated interest in the onshore Rabi field.

In a context of volatile Brent prices where the objective of improving operational efficiency is a priority, this agreement allows us to transfer the operatorship of certain assets to Perenco in order to take advantage of synergies with their nearby operations. In addition, it allows Total Gabon to refocus on its strategic operated assets and to assure the sustainability of our activities in the country, commented Guy Maurice, President of Total Gabon.

Summary of the transaction:

Total Gabon interest pre- sale

Total Gabon interest post-sale

Unaffected interests:

Total Gabon interests

About Total Gabon

Present in Gabon for over 85 years, Total Gabon is one of the leading operators in the country. In 2016 Total Gabons operated production was 55,000 b/d, and its equity production was 47,400 b/d. Upon completion of the transaction, Total Gabon will retain the position of second largest producer in Gabon, with around 45,000 b/d.

Socit anonyme incorporated in Gabon with a Board of Directors and share capital of $76,500,000 Headquarters: Boulevard Hourcq, Port-Gentil, BP 525, Gabonese Republic http://www.total.ga Registered in Port-Gentil: 2000B00011

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Total Gabon Refocuses on Its Principal Offshore Assets by Selling Interests and Transferring Operatorship in Several ... - Business Wire (press...

BW OFFSHORE: INVITATION TO Q4 2016 PRESENTATION 28 FEBRUARY – GlobeNewswire (press release)

February 27, 2017 00:00 ET | Source: BW Offshore Limited

BW Offshore will release its Q4 2016 results on Tuesday 28 February at 07:30 (CET). The company will host a presentation of the financial results 09:00 (CET) the same day at Hotel Continental in Oslo, Norway. The presentation will be given by CEO Carl K. Arnet and CFO Knut R. Sthre.

The presentation will be broadcasted via webcast, and will also be available for replay. Please visit http://www.bwoffshore.com for login-details.

For further information, please contact:

IR@bwoffshore.com

About BW Offshore:

BW Offshore is a leading global provider of floating production services to the oil and gas industry. BW Offshore has a fleet of 14 owned FPSOs and one FSO represented in all major oil & gas regions world-wide. BW Offshore has a long track record on project execution and operations. In more than 30 years of production, BW Offshore has executed 38 FPSO and FSO projects. The company is listed on the Oslo Stock Exchange.

Further information is available on http://www.bwoffshore.com.

This information is subject of the disclosure requirements acc. to 5-12 vphl (Norwegian Securities Trading Act)

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BW OFFSHORE: INVITATION TO Q4 2016 PRESENTATION 28 FEBRUARY - GlobeNewswire (press release)