Petroleum prices go down in Jamaica

Petroleum prices go down in Jamaica
Some petroleum products supplied by Petrojam have seen a decrease in prices as of April 24, 2013. A litre of E10-90 gasoline will be sold for $127.16 while E10-87 will be sold for $125.51 following a $0.25 decrease. Ultra Low Sulphur Diesel will cost $132.67 and regular Diesel will jump by $0.43 to cost $127.42. The price of Kerosene climbs by $0.80 and will see it being sold for $128.60 per litre. Butane sees a $0.15 jump to cost $59.68, while Propane increases by $0.05 to cost $55.26. Retailers will add their own markups, to the prices quoted.
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JA dollar closes at J$109.94 to US$1

The Jamaican continued to strengthen against the US dollar in trading against the US dollar. The American dollar slipped by $0.01 to end trading at J$109.94 to US$1. In further trading the Canadian dollar gained $0.36 to finish at J$99.68 to CAN$1, and the British pound weakened by $1.85 to close at J$184.45 to £1.
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1 person shot dead during fresh violent protests in Rio

One person was shot dead as violent protests erupted Tuesday near Rio de Janeiro’s Copacabana Beach after a 25-year-old dancer was killed allegedly by police, AFP said. Angry demonstrators from a slum set ablaze barricades of tires, forcing two main roads closed as they hurled bottles to protest the death of the dancer, who was reportedly killed after police mistook him for a drug trafficker. A 27-year-old man described as mentally disabled was killed after being shot in the head during the protests, city hall officials said. It was not immediately clear who fired the shot. The protests came two months before the World Cup in Brazil.
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Australia investigating ‘unidentified material’ washed ashore as MH370 search continues

The Australian agency coordinating the search for Malaysia Airlines Flight 370 has said unidentified material has washed ashore in Western Australia. Experts are investigating whether it is related to the missing plane, the Voice of America radio reported. The Joint Agency Coordination Center said photographs of the material are being examined “to determine whether further physical analysis is required and if there is any relevance to the search of missing flight MH370.”
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$727 million allocated to provide more classrooms

A total of $727 million has been allocated to support the provision of additional classroom places in infant, primary and secondary schools across the island. This was revealed by Finance and Planning Minister, Dr. the Hon. Peter Phillips, who also said an additional $119.3 billion has been provided to improve sanitation in schools. ​He was speaking during the opening of the Budget Debate in the House of Representatives on April 17. ​In the meantime, Minister Phillips informed that spending on social programmes continues to receive priority treatment in the budget, with a total allocation of $22.563 billion. This, he said, was in keeping with Government’s commitment to protect the most vulnerable.
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DBJ gets $90M landowner payment assistance facility

The Development Bank of Jamaica (DBJ) will set aside $90 million to assist landowners who have applied to the Land Administration and Management Programme (LAMP) for titles and are unable to complete the process due to lack of funding. The sum will be administered through a Landowner Payment Assistance Facility,which will specifically target those landowners who have made some payments toward their files, but who have been unable to find the remaining funds to complete thetransaction. ​“This is significant because it has implications for rural development as many of these landowners will use their titles as collateral to access loans for agriculture and other productive purposes,” Minister of Finance and Planning , Dr. Peter Phillips said. He was speaking during the opening of the 2014/15 budget debate in the House of Representatives on April 17.
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Market-determined exchange rate to continue, says finance minister

Minister of finance and planning, Dr Peter Phillips, says Jamaica will continue to use a market determined exchange rate. “The Bank of Jamaica remains prepared to intervene in this market in order to reduce and eliminate those who would want to speculate on the exchange rate or disrupt the stability of the market,” he said, adding that the country’s nominal exchange rate does not determine whether the currency is weak or strong. The finance minister’s statement is in response to suggestions that the country adopt a fixed rate of exchange to curb the depreciation in the dollar. The minister made the remarks as he opened the 2014/15 Budget Debate in the House of Representatives on April 17. He said the country must learn from the past, as rationing foreign currency and banning imports is ineffective.
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Jamaica hosts global environment facility workshop

The Caribbean Sea, home to a vibrant ecosystem benefitting fisherfolk, the tourism industry and the region’s people alike is currently threatened. Over harvesting of fisheries, climate change and pollution from sewage, agricultural runoff and industrial effluent has led to 75% of coral reefs in the region being labeled as “at risk”. To address this issue, project managers from International Waters projects in Latin America and the Caribbean, implementing agencies, the private sector and other stakeholders will get together from April 23-25 in Kingston, Jamaica, to share their experiences in managing these issues. This workshop is the final of the third phase of the Global Environment Facility’s International Waters Learning Exchange and Resources Network (GEF IW: LEARN). These workshops have aimed to increase communication between project managers of marine, surface, freshwater and groundwater resources and promote a more integrated and holistic approach to water resources management.
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Agriculture minister to announce new anti-praedial larceny measures

Minister of Agriculture and Fisheries, Roger Clarke, has warned praedial thieves that new and stronger anti-praedial larceny measures will be revealed when he makes his presentation in the Budget Debate, on April 23. Addressing the opening ceremony at the Montpelier Agricultural and Industrial Show, in St. James, on April 21, the Minister said the weight of the police and technology will be combined to impact the operations of praedial larcenists who are retarding growth in the agricultural sector. The Minister pointed out that the Commissioner of Police has promised that a unit will be put in place specifically to deal with praedial thieves, and “we will be using technology at its highest to make sure that we catch those people who have decided to reap where they have not sown.” Underscoring the value of agriculture as a critical component in Jamaica’s economy, Mr. Clarke said the sector must be operated as a business.
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Bank tax deemed least challenging for the vulnerable – Finance Minister

Bank tax deemed least challenging for the vulnerable – Finance Minister
Finance and Planning Minister, Dr Peter Phillips, says the levy to be charged on financial institution transactions, effective June 1, represents the option that is deemed to be the least challenging for the society’s most vulnerable. Addressing journalists at a post-Budget media briefing at Jamaica House on April 22, Dr. Phillips said several other options that were proposed by Ministry technocrats were not deemed suitable, under Jamaica’s prevailing economic state. These, he informed, included: increasing the rate of personal income tax and General Consumption Tax (GCT); re-introducing GCT on electricity; imposing a special consumption tax on sweetened drinks; and expanding the list of items subject to GCT; and increasing the tax take from petroleum.
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Lisa Hanna must apologize - G2K

Lisa Hanna must apologize - G2K
Generation 2000 (G2K), the Young Professional Affiliate of the Jamaica Labour Party is calling on Lisa Hanna to apologize for misleading the public about the
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Vybz Kartel and co-convicts file appeal

Entertainer Vybz Kartel and his three other co-convicts yesterday filed appeals against their convictions and sentences. Kartel, fellow entertainer Shawn ‘Shawn Storm’ Campbell, Kahira Jones and Andre St John are all serving life sentences for the murder of Clive 'lizard' Williams. Defence lawyers have indicated they have serious concerns about what they say are discrepancies, inconsistencies, missing data, and mismanagement in the collection of evidence during the trial.
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Young people urged to take up reparation struggle

Chairman of the CARICOM Reparations Commission, Professor Hilary Beckles, has charged young people across the Caribbean to take up the reparation struggle and carry on the conversation until the region has received justice. “This subject is going to go forward and we are going to have justice only when young people step up and play their role,” Professor Beckles said. He was addressing students, on Tuesday, April 15, at the first in a series of lectures to commemorate Founder’s Week at Kingston College (KC), on North Street. The lecture was entitled, ‘Reparation Justice for the enslavement of black people and the genocide of natives of the Caribbean’.
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Education ministry recruiting math specialists

The Ministry of Education is recruiting Math specialists for the upcoming 2014/15 academic year, to be placed in several schools across the island. “We have had to find over $150 million extra this year to get the programme underway, which will eventually cost more than $1.2 billion over three years,” Minister of Education, Rev. Ronald Thwaites, has said. The programme will see the specialists working as coaches and resource teachers in primary and secondary schools. Addressing the launch of the Butterkist National Primary Schools Mathematics Competition, at the Courtleigh Hotel in New Kingston, on April 15, the Minister said specialists are crucial, as “students are not mastering numeracy, which is evident in the performance of the Grade Four Numeracy Test and later in the CSEC Math results.” He pointed out that recruitment of the specialists forms part of the ongoing strategy the Ministry is undertaking, geared at improving the performance in mathematics at all levels of the education system.
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Jamaica Mad to Raas!

Image courtesy of  www.ridoutphoto.com
When did it come to this? Where do we begin to look for answers? Turns out that these are deep rooted psychological problems. And what the good Professor Hickling has concluded, might in fact be right. Jamaicans are mad people.
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Successful Asian Leader says former Jamaican PM – “Ruinous”

Successful Asian Leader says former Jamaican PM – “Ruinous”
"(Jamaican) professionals felt they had no future"
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Controversy in London

The 30th Olympiad is very much underway and of course with big Games come big controversies. I have highlighted just a few of the notables below.
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9.63s - Asafa's Pain

  9.63s was the time that flashed on the clock inside the stadium in London. Less than 10s after the starter fired the gun, the Men’s
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