Budget has $50m for Jamaica 50 legacy project

first_img By LATONYA LINTON, JIS Reporter Budget has $50m for Jamaica 50 legacy project CommerceApril 23, 2011 RelatedBudget has $50m for Jamaica 50 legacy project Advertisements FacebookTwitterWhatsAppEmail The Government has included $50 million in the budget of the Jamaica Cultural Development Commission (JCDC) to establish a secretariat to co-ordinate the legacy aspects of the Jamaica 50 celebrations planned for 2012. Minister of Youth, Sports and Culture, Hon. Olivia “Babsy” Grange, under whose portfolio the JCDC falls, says that the secretariat will ensure that legacies, both tangible and intangible, resulting from the celebration of Jamaica’s 50 years as an independent nation next year will be included. “For example, we will be working with the Ministry of Education on historical data, including physical structures, which recall aspects of our history, we will be focusing on the restoration of the Ward Theatre in Kingston, sports and music museums and the creation of a Jamaican heritage facility in Birmingham,” she explained. She said that the $50 million in the 2011/12 budget’s capital estimates will finance the setting up of the secretariat which will oversee the process. In terms of objectives, the legacy project seeks to strengthen and enhance the cultural identity of Jamaicans; provide spaces for reflection and meditation on the achievements, struggles, challenges and the aspirations of Jamaicans; and create opportunities for economic advancement, through trade fairs, market penetration activities, expositions and festivals. Other objectives include engaging the Diaspora in a project for national development, fostering and promoting heritage preservation and product enhancement for the expansion of the tourism market and the economic capacity of the Jamaican economy, and promoting Jamaica as a world class cultural destination for music, film, theatre arts, festivals and other events, sports and design. RelatedBudget has $50m for Jamaica 50 legacy project RelatedBudget has $50m for Jamaica 50 legacy projectlast_img read more

Economic Panel Confirms Recession Longest Since World War II

first_imgWASHINGTON – The longest recession the country has endured since World War II ended in June 2009, according to a group that dates the beginning and end of recessions.The National Bureau of Economic Research, a panel of academic economists based in Cambridge, Mass., says the recession lasted 18 months. It started in December 2007 and ended in June 2009. Previously the longest postwar downturns were those in 1973-1975 and in 1981-1982. Both of those lasted 16 months.The decision makes official what many economists have believed for some time, that the recession ended in the summer of 2009. The economy started growing again in the July-to-September quarter of 2009, after a record four straight quarters of declines. Thus, the April-to-June quarter of 2009, marked the last quarter when the economy was shrinking. At that time, it contracted just 0.7 percent, after suffering through much deeper declines. That factored into the NBER’s decision to pinpoint the end of the recession in June.Any future downturn in the economy would now mark the start of a new recession, not the continuation of the December 2007 recession, NBER said. That’s important because if the economy starts shrinking again, it could mark the onset of a “double-dip” recession. For many economists, the last time that happened was in 1981-82.The NBER normally takes its time in declaring a recession has started or ended.For instance, the NBER announced in December 2008 that the recession had actually started one year earlier, in December 2007.Similarly, it declared in July 2003 that the 2001 recession was over. It actually ended 20 months earlier, in November 2001.Its determination is of interest to economic historians — and political leaders. Recessions that occur on their watch pose political risks.In President George W. Bush’s eight years in office, the United States fell into two recessions. The first started in March 2001 and ended that November. The second one started in December 2007.NBER’s decision means little to ordinary Americans now muddling through a sluggish economic recovery and a weak jobs market. Unemployment is 9.6 percent and has been stuck at high levels since the recession ended. Stay Connected with the Daily Roundup. Sign up for our newsletter and get the best of the Beacon delivered every day to your inbox. Emaillast_img read more

Donegal Mountain Rescue Team involved in Sligo rescue

first_img By News Highland – February 22, 2015 Important message for people attending LUH’s INR clinic Donegal Mountain Rescue Team involved in Sligo rescue DL Debate – 24/05/21 Homepage BannerNews Google+ Audio Playerhttp://www.highlandradio.com/wp-content/uploads/2015/02/garret.mp300:0000:0000:00Use Up/Down Arrow keys to increase or decrease volume. Pinterest Facebook WhatsApp Photo taken by photographer Ciaran McHughMembers of the Donegal Mountain Rescue team attending a conference were rushed to the scene of an emergency yesterday.Four of the DMRT members were among a rescue group who attended a call-out after two students fell on Benbulben in Sligo.The members left the conference in Gortatole and joined other rescue teams to the area.The injured party were taken off the mountain with the assistance of the Rescue 118 helicopter in Sligo.One of those who took part in the rescue is DMRT member Garret Wilson, he says the bad weather came in quickly yesterday: Journey home will be easier – Paul Hegarty Google+ Pinterest Twitter Previous articleUlster Cup – Quarter Final ResultsNext articleMark English wins National 800m Indoor Title News Highland RELATED ARTICLESMORE FROM AUTHOR News, Sport and Obituaries on Monday May 24th Harps come back to win in Waterford WhatsApp Facebook Twitter Arranmore progress and potential flagged as population growslast_img read more