News / ‘Revitalised’ Zim reports biggest profit in its 75-year history

first_img Israeli ocean carrier Zim has posted its first annual profit for three years – and the biggest in its 75-year history – recording a net income of $524m for 2020 and claiming it is a “revitalised company”.Zim carried an-above industry par 0.7% more containers last year than in 2019, at 2,841,000 teu, and revenue jumped 21%, compared with the previous year, to $4bn, for an ebitda of $1.04bn, up from $399m in 2019.Its average freight rate was also up, by 21%, to $1,229 per teu, compared with liner peers CMA CGM’s $1,154 and Maersk’s $1,000.The carrier’s profitability improved dramatically in the final quarter of last year, bringing a net profit of $368m as its average rate per teu spiked to $1,518.Zim recorded its last annual profit, a modest $11.4m, back in 2017, but overall, between 2016 and 2019, racked up cumulative losses of $284m.It traces its turnaround back to the signing, in September 2018, of a strategic cooperation agreement with the 2M Alliance on the Asia-US east coast tradelane. It was expanded in March 2019 to cover the Asia-US west coast and Asia-Mediterranean routes, and again in August 2019 to Asia-US Gulf.Zim president and CEO Eli Glickman said the shipping line was “a revitalised company with new strengths, an invigorated spirit and a promising outlook for operating amid the new realities of shipping”.He added: “Our all-time record results in 2020, and the significant milestones we have achieved year-to-date 2021, represent a truly momentous time for Zim.”Nevertheless, despite the very positive result for 2020 and the strong start to this year, Zim’s US SEC filing highlights the longer-term industry risks as well as the specific risks for the carrier from its tonnage strategy and its lack of formal membership to a vessel-sharing alliance.The 10th-ranked global carrier, with a fleet capacity of 422,000 teu, charters all but two of its 96 vessels, compared with an industry average of 56%, according to Alphaliner data.“The majority of charters are less than a year, which makes us more sensitive to fluctuations in the charter market,” said Zim, and it cautioned investors that its tonnage strategy “could cause our costs to increase quickly compared with competitors with longer-term charters or owned vessels”.Moreover, Zim also warned it may have difficulty replacing vessels where charters expire.“There can be no assurance that we will replace short-term leases with long-term leases or that the terms of any such long-term lease will be favourable to us,” it said.Indeed, the charter market is red hot. Zim recently fixed a three-year time charter for the 5,071 teu post-panamax Seadream at $35,500 a day, compared with $10,300 paid previously by a rival carrier.Longer-term, Zim has agreed 12-year charters with non-operating containership owner Seaspan for ten 15,000 teu LNG-fuelled vessels, which will commence delivery in the first half of 2023.In June, Zim will begin negotiations for a renewal of its partnership with 2M partners Maersk and MSC, which is set to terminate on 1 April next year.Zim went public on the New York Stock Exchange on 29 January, with an IPO price of $15 per share. After initially collapsing to $11, the stock has recovered strongly and is currently at around $28. By Mike Wackett 22/03/2021 ID 102395421 © Vladimir Serebryanskiy | Dreamstime.comlast_img read more

Scientists work to determine how long COVID-19 vaccine protection lasts

first_imgAdvertisementRecommended ArticlesBrie Larson Reportedly Replacing Robert Downey Jr. As The Face Of The MCURead more81 commentsGal Gadot Reportedly Being Recast As Wonder Woman For The FlashRead more29 comments RELATEDTOPICS AdvertisementDC Young Fly knocks out heckler (video) – Rolling OutRead more6 comments’Mortal Kombat’ Exceeded Expectations Says WarnerMedia ExecutiveRead more2 commentsDo You Remember Bob’s Big Boy?Read more1 commentsKISS Front Man Paul Stanley Reveals This Is The End Of KISS As A Touring Band, For RealRead more1 comments AdvertisementIt’s just too early to tell how long the COVID vaccine will protect people against severe illness or worse, experts said.“Until further studies have been conducted on populations who have received the vaccine, we do not know for certain,” Gupta said.Some vaccines for other viruses provide lifelong immunity. Others, like the shingles vaccine and the flu shot, require boosters. Researchers are still working to find out which direction the COVID vaccines will take. “We are hoping that the immunity from all these three vaccines will last for a period of two to three years,” Gupta said.It’s also possible to have COVID-19 antibodies after testing positive for the virus, but scientists aren’t sure of how long that lasts either.Gupta said there’s another way to boost your immune system, and that’s going back to the basics. Eating right, exercising and getting enough sleep are all ways to help your body stay ready for any infection, not just COVID-19. FORT MYERS, Fla. – As more Americans get their COVID-19 vaccinations, many are wondering how long the benefits of the shot will last.The vaccines don’t make you immune to the virus itself, but they do work to prevent serious illness and death if you do catch it. Scientists are still working to figure out how long the protections of the vaccine last.“At this point we do not know,” Epidemiologist Dr. Jay Gupta said.center_img AdvertisementTags: immunity Advertisement No Content Available Advertisementlast_img read more

Young woman killed in road crash in Laois this morning

first_img WhatsApp Young woman killed in road crash in Laois this morning WhatsApp 2020 U-15 ‘B’ glory for Ballyroan-Abbey following six point win over Killeshin Pinterest RELATED ARTICLESMORE FROM AUTHOR Previous articleTraffic congestion in Portlaoise as huge crowds arrive for O’Moore Park double headerNext articleLIVE BLOG: Laois hurlers host Dublin in O’Moore Park for All-Ireland quarter-final place Siun Lennonún Lennon joined LaoisToday in a full-time capacity after studying Journalism and New Media in the University of Limerick. She hails from Rosenallis and her interests vary from news, sports and politics. Twitter GAA Gardaí are investigating a fatal road traffic collision that occurred on Lea Road, Portarlington, Co. Laois this morning Sunday 7th July, 2019 at approximately 8.20am. A woman driver, mid 20s was fatally injured when her car collided with another car. Her body has since been removed from the scene to the mortuary in Midlands Regional Hospital where a post mortem is expected to take place tomorrow, Monday 8th July, 2019. The second car, with four occupants all received injuries and were removed to hospital with non life threatening injuries. The driver and one passenger (father and child) were taken to Midlands Regional Hospital and the other two passengers (mother and child) were removed to Tallaght University Hospital.The scene is being examined by Garda Forensic Examiners and the road is currently closed with local diversions in place. Gardaí are appealing for anyone with information, particularly anyone who was in the area at the time of the collision, and who may have dash cam footage, to contact Gardaí in Portlaoise on 057 – 7864100, the Garda Confidential Line 1800 666 111 or any Garda station. GAA Twitter Facebook Here are all of Wednesday’s Laois GAA results By Siun Lennon – 7th July 2019 Kelly and Farrell lead the way as St Joseph’s claim 2020 U-15 glory Pinterest GAA Home News Community Young woman killed in road crash in Laois this morning NewsCommunity TAGSLaois crashPortarlingtonPortarlington road crash Facebooklast_img read more

A deep dive into N. Korea’s new “anti-reactionary thought” law

first_img News A new law against “reactionary thought” that the North Korean authorities adopted during a recent presidium of the Supreme People’s Assembly comprehensively strengthens controls on not only the entry and distribution of outside information such as news and foreign cultural materials, but also the outflow of internal information such as propaganda materials idolizing the regime.Based on a Daily NK investigation into the law, it defines a wide range of acts as illegal, including: listening to, recording or distributing foreign radio radio broadcasts; importing and distributing “impure” foreign recordings, video content, books or other published materials; and copying or distributing music unapproved by the state.While it is unclear how exactly the law is organized, the law’s introduction appears to focus on restrictions regarding foreign radio broadcasts. Basically, this seems to suggest that the authorities are very sensitive about radio broadcasts because of their reach to many people in the country. The law’s ban on “foreign videos,” which largely refers to content created in South Korea, appears to be a response to the growing frequency in which North Koreans are enjoying South Korean television programs and films following the closure of the Sino-North Korean border.The law’s ban on “foreign published materials” includes the Bible, which suggests that the country’s suppression of religion will continue. Moreover, the law specifies that if several people are caught watching or reading “impure” recordings, video material or books, the “masterminds” will receive a public trial and all others involved will face “legal punishments.” The law reportedly states that those who import or distribute video material or books that have not received state approval will face public trials. This suggests that public trials may increase in frequency after the country’s criminal code is amended. In fact, Daily NK understands that revisions to the code, which will set out the specific punishments called for in the new law, will be passed during a presidium of the Supreme People’s Assembly at the end of January.North Korea's latest smartphone, the Pyongyang 2425North Korea’s latest smartphone, the Pyongyang 2425. Image: Daily NKThe law further includes restrictions on devices that can be used to play all sorts of content, whether it be music or videos. The law reportedly emphasizes that anyone caught using an electronic device that has not undergone an official “technical inspection,” will have their device confiscated without compensation.Electronic devices refers to TVs, DVD players, computers, and mobile phones that have not been registered with Bureau 27 of the Ministry of State Security. Early this year, North Korean authorities handed down an order to “intensify” the management of electronic devices as part of efforts to stop the flow of internal and external information across the border. The law also sets out punishments for those who save images, e-books or music unapproved by the state on their mobile phones or those who make illegal copies of materials from a photo studio printer. Furthermore, the law subjects those who smuggle or distribute unapproved consumer goods, sundries or electrical appliances in border regions to punishment. North Korean authorities have continuously curbed and blocked “industrial goods not approved by the state,” which refers to South Korean goods. This is because they believe North Korean may suffer “delusions” if they use high-quality South Korean products. What is striking about the new law is that it explicitly bans the copying, saving, or distribution of books that glorify the ruling Kim family such as “Immortal History,” “Immortal Guidance” and “Immortal Journey.”North Korea already bans locally published books from being taken abroad, but the ban on storing files on personal mobile phones is apparently aimed at shutting down even the possibility of people leaking propaganda materials.Please direct any comments or questions about this article to [email protected] in Korean Facebook Twitter AvatarSeulkee JangSeulkee Jang is one of Daily NK’s full-time journalists. Please direct any questions about her articles to [email protected] RELATED ARTICLESMORE FROM AUTHOR SHARE News center_img Hamhung man arrested for corruption while working at a state-run department store News North Korea Market Price Update: June 8, 2021 (Rice and USD Exchange Rate Only) North Korea hikes “party contributions” Russia-based workers must pay by 30-55%last_img read more

UK launches criminal probe into forex manipulation

first_img UK authorities are now investigating the possibility of criminal fraud in the foreign exchange markets. The director of the UK Serious Fraud Office (SFO) said Monday that it has formally opened a criminal investigation into allegations of fraudulent conduct in the foreign exchange market. The SFO, which is responsible for investigating and prosecuting serious and complex fraud, bribery and corruption cases in the UK, did not give any further details about its planned inquiry. James Langton FCA proposals aim to improve competition in the investment platform market FCA consults on duty of care requirement Related news Various other authorities in the U.S. and Europe have been engaged in their own investigations into allegations of misconduct in foreign exchange markets for some time. These follow the numerous investigations into the manipulation of financial benchmarks, such as LIBOR. Earlier this year, the Bank of England reported that it had suspended an employee pending an investigation into compliance with its internal control processes, amid a review into allegations that officials at the central bank knew about manipulation in the forex market. The outcome of that investigation has yet to be revealed, and no disciplinary action has been taken against any member of Bank staff, it said. Other authorities investigating possible misconduct in the forex market include U.S. authorities, the UK’s Financial Conduct Authority (FCA) and Swiss regulators, which are looking into allegations of collusion and market manipulation. At this point, no formal charges have been brought.center_img Keywords United Kingdom UK CMA proposes pension investment reforms Share this article and your comments with peers on social media Facebook LinkedIn Twitterlast_img read more

Climate Adaptation Summit Talks launching Race to Resilience

first_imgClimate Adaptation Summit Talks launching Race to Resilience Thank you very much distinguished guests, ladies and gentlemen, excellencies.I would really like to thank the Netherlands for hosting this excellent summit. We have heard some brilliant submissions and real power to the messages that have been coming through. I also want to thank the Global Center on Adaptation – I see you have my friend Feike with you. And of course, Secretary-General Ban Ki-Moon, for his leadership in adaptation and resilience.And I can tell you that as COP President this is a top priority indeed. And I know that it is the same for my dear friend Patricia Espinosa who you will hear from shortly as well.Building resilience into our economies and societies is absolutely urgent, and it is essential, if we are to protect human lives and livelihoods from the effects of our changing climate.Ultimately it requires all of us to act together: whether it’s governments or cities, or regions; businesses, investors or civil society, all of us have to act on this issue.Of course there is a great deal of fantastic work that is already going on.From cities like Port Moresby, investing in trees and mangroves to protect the City and its people from coastal flooding.To the Coalition for Climate Resilient Investment, which represents around $10 trillion in assets.Driving private finance to fund resilient infrastructure and helping investors to understand climate risk which is so vital.And of course today, we are launching two new campaigns to focus efforts and make progress faster.This morning, as you will have heard, Prime Minister Boris Johnson announced the Adaptation Action Coalition. With our partners, Egypt, Bangladesh, Malawi, St Lucia, the UN, and, of course the Netherlands.The Coalition will bring governments together to accelerate action ahead of COP26.And now it is my particular pleasure to launch the Race to Resilience campaign.This is a campaign that will mobilise businesses, investors, cities, civil society and others to act.Bringing together initiatives with the aim of building the resilience of 4 billion people across the world – that’s representing over half of the world’s population – by 2030.The campaign will support activities delivering for people and nature.For example, cities protecting people against heatwaves.Or small holder farmers utilising climate resilient technologies.And restoring deforested and degraded land.I would also like to thank our two brilliant Climate Champions, Nigel and Gonzalo, for the incredible effort that they have put in to make sure that this initiative happens.And I do think that together, these two campaigns can make a real difference to the scale and pace of adaptation and resilience across all our economies and indeed across society.So I will finish with an ask to everyone who is listening and watching this: the ask to governments, is please join the Adaptation Action Coalition; and to businesses, to cities, to civil society groups, please join the Race to Resilience.And help us, working together, to build a more resilient and better world.Thank you. /Public Release. This material comes from the originating organization and may be of a point-in-time nature, edited for clarity, style and length. View in full here. Why?Well, unlike many news organisations, we have no sponsors, no corporate or ideological interests. We don’t put up a paywall – we believe in free access to information of public interest. Media ownership in Australia is one of the most concentrated in the world (Learn more). Since the trend of consolidation is and has historically been upward, fewer and fewer individuals or organizations control increasing shares of the mass media in our country. According to independent assessment, about 98% of the media sector is held by three conglomerates. This tendency is not only totally unacceptable, but also to a degree frightening). Learn more hereWe endeavour to provide the community with real-time access to true unfiltered news firsthand from primary sources. It is a bumpy road with all sorties of difficulties. We can only achieve this goal together. Our website is open to any citizen journalists and organizations who want to contribute, publish high-quality insights or send media releases to improve public access to impartial information. You and we have the right to know, learn, read, hear what and how we deem appropriate.Your support is greatly appreciated. All donations are kept completely private and confidential.Thank you in advance!Tags:Bangladesh, Boris Johnson, campaign, Egypt, Government, infrastructure, Investment, leadership, Malawi, Minister, Netherlands, Port Moresby, President, Prime Minister, resilience, Secretary-General, UK, UK Government, UNlast_img read more

VW to cancel Passat in U.S. to make way for electric car production

first_img The death of the Passat in the U.S. doesn’t mean it’ll be axed worldwide, however. Europe and China will receive a ninth-generation Passat in 2023. Volkswagen Canada said there are currently no plans to replace the model in the Canadian market with a successor, and that “the exact timing of the car’s end of production has yet to be determined,” leaving us with a big ol’ question mark as to how long it’ll stick around here. Some $800 million was invested in the expansion of the Chattanooga plant, as part of the brand’s tooling up to produce the ID.4. The vehicle will be offered as a single-motor rear-wheel-drive vehicle, with a separate variant called the ID.5 acting as a performance version, with dual motors and all-wheel-drive.“We’ve made a decision to cancel the Passat for the U.S. The sales trend is very firmly in favor of SUV models, as indicated by the success of the Atlas,” VW CEO Ralf Brandstätter says. PlayThe Rolls-Royce Boat Tail may be the most expensive new car everPlay3 common new car problems (and how to prevent them) | Maintenance Advice | Driving.caPlayFinal 5 Minivan Contenders | Driving.caPlay2021 Volvo XC90 Recharge | Ministry of Interior Affairs | Driving.caPlayThe 2022 Ford F-150 Lightning is a new take on Canada’s fave truck | Driving.caPlayBuying a used Toyota Tundra? Check these 5 things first | Used Truck Advice | Driving.caPlayCanada’s most efficient trucks in 2021 | Driving.caPlay3 ways to make night driving safer and more comfortable | Advice | Driving.caPlayDriving into the Future: Sustainability and Innovation in tomorrow’s cars | virtual panelPlayThese spy shots get us an early glimpse of some future models | Trending in Canada See More Videos Created with Raphaël 2.1.2Created with Raphaël 2.1.2 The 2020 Volkswagen Passat  Volkswagen The Rolls-Royce Boat Tail may be the most expensive new car ever RELATED TAGSVolkswagenSedanNon-LuxuryNew VehiclesNon-Luxury Trending Videos First Look: 2022 Lexus NX The sport-cute’s looks have been softened, but its powertrains and infotainment offerings have been sharpened Volkswagen will discontinue the historic Passat nameplate in the U.S. in a few years to make way for new ID.4 electric vehicle production.The ID.4 is currently built at the Zwickau plant in Germany and will be imported into the U.S., but by 2022 the electric vehicle will also be built at VW’s Chatanooga, Tennessee plant where the Passat is currently built, the automaker told Ward’s Auto.The Passat will continue to be built alongside the ID.4, as well as the Atlas and Atlas Cross, until production of the ID.4 reaches full capacity in 2023, when the model will be axed. COMMENTSSHARE YOUR THOUGHTS advertisement We encourage all readers to share their views on our articles using Facebook commenting Visit our FAQ page for more information. ‹ Previous Next ›last_img read more

Alumnus gifts more than $6 million to CU-Boulder to bolster economics, Baroque music

first_imgAn estate gift of just over $6 million from a music-loving economics alumnus will create three major new endowments benefiting the Department of Economics and the College of Music at the University of Colorado Boulder.Funding from the gift will endow two faculty chairs—one in economics and one in Baroque music—and create a unique travel sabbatical program for undergraduates. The $6 million commitment by donor Eugene D. Eaton Jr. is the largest gift CU-Boulder has received since 2007 and represents a remarkable statement by the donor of the value of the fine arts and social sciences to his life’s trajectory.“This cross-disciplinary gift from an alumnus who remembered us in his will is leaving a legacy for generations of students,” said Chancellor Philip P. DiStefano. “Bequests like this shape the future of CU-Boulder and we are grateful.”Eaton earned three economics degrees from CU-Boulder: a bachelor’s in 1965, a master’s in 1967 and a doctorate in 1971. While economics engaged his mind and led to his successful career as a consultant in Alaska, it was music that riveted the economist outside of the classroom. As a student, Eaton attended many of the College of Music’s concerts and embraced deep discussions with the economics faculty; from afar he continued his interest in CU until his death in 2013.Professor Nicholas E. Flores, chair of the Department of Economics, said the $2.36 million endowment to economics will substantially enhance the department’s ability to attract the most distinguished scholars and practitioners. Also, a $1.36 million endowment will fund a new travel sabbatical program, which will enable undergraduate students in economics to broaden their knowledge of the marketplace in a culture other than their own.“On all levels, this gift is huge for us,” Flores said. “You get expertise and a record of scholarship immediately from a senior scholar, and I’m unaware of any place that has a sabbatical program like this for undergraduates. This is a game-changer.”The gift’s remainder of $2.36 million will fund an endowed chair of Baroque music in the College of Music. It is the college’s fifth gift of more than $1 million in the past 18 months. Last month, the college received gifts to establish endowments for the Eklund Opera Program and the Ritter Family Classical Guitar Program. Last December the college unveiled a scholarship endowment for elite performing student-musicians and in early 2013 an endowment for the Thompson Jazz Studies Program was established.“The CU-Boulder College of Music deeply appreciates Eugene Eaton’s significant bequest, which will enable us to expand our offerings in Baroque music through the creation of a new faculty position in this area,” said Robert Shay, dean of the College of Music. “This gift is a real testament to the impact of music, which in this case crossed disciplinary lines and clearly touched the life of a former CU student in a lasting and meaningful way.”The Department of Economics is one of the largest departments on the CU-Boulder campus, with more than 1,200 undergraduate majors and 90 doctoral students. The department’s faculty members have research expertise in a range of niches including health economics, transportation and energy economics, development economics and core areas of microeconomics, macroeconomics and econometrics. The department has received top-15 rankings in environmental/resource economics, international trade and economic history.Since its founding in 1920, the CU-Boulder College of Music has earned a reputation not only for preparing students for successful careers in music but also for providing them with an outstanding liberal arts education. With 300 undergraduate and 250 graduate students, the college features a 6-to-1 student-to-faculty ratio. Faculty members include renowned performers, composers, educators and scholars who take a deep and lasting interest in their students. With seven degree plans and more than 23 fields of study, programs cover virtually all areas of music.Contact: Bronson Hilliard, CU-Boulder media relations, 720-315-8917 Published: Nov. 24, 2014 Categories:AcademicsBusiness & EntrepreneurshipArts & HumanitiesEducation & OutreachScience & TechnologyCampus CommunityNews Headlines Share Share via TwitterShare via FacebookShare via LinkedInShare via E-mail “This cross-disciplinary gift from an alumnus who remembered us in his will is leaving a legacy for generations of students,” said Chancellor Philip P. DiStefano. “Bequests like this shape the future of CU-Boulder and we are grateful.”last_img read more

Ministry begins process to eradicate American foul brood disease

first_imgRelatedMinistry begins process to eradicate American foul brood disease Ministry begins process to eradicate American foul brood disease AgricultureMarch 8, 2011 RelatedMinistry begins process to eradicate American foul brood disease RelatedMinistry begins process to eradicate American foul brood disease FacebookTwitterWhatsAppEmail Islandwide inspection of  bee hives are to begin in the next two weeks to determine the extent of the incidence of the American Foul Brood Disease (AFB), as part of Government’s efforts to eradicate the disease. Expected to last for six months, this exercise is being undertaken by the Apiculture Unit of the Ministry of Agriculture and Fisheries, and forms part of activities under a $40 million project titled: ‘Strengthening the Capacity of Stakeholders in the Apiculture Sector to Control and Manage the American Foul Brood Disease (AFB) and Enhance Production’. Under the technical guidance of the Apiculture Unit, the project seeks to implement measures to eradicate the AFB, which has been affecting bee farmers in Jamaica. The project is being implemented by the Inter-American Institute for Co-operation on Agriculture (IICA), in collaboration with the All Island Bee Farmers’ Association and the Jamaica Federation of Commercial Apiculturists. Speaking at the launch of the project at the Agriculture and Fisheries Ministry in Kingston, today (March 8), Minister,  Hon. Dr. Christopher Tufton said the project is a good initiative, which “demonstrates a commitment by all concerned and I encourage and commend all those who are a part of it.” He pointed out that the Government and stakeholders aim to make bee-keeping a wealth creating activity, and to do so, “we have to guard against the risks that are involved in the process, the AFB being a significant risk.” Dr. Tufton noted that since the disease was discovered in the country in 1918, it has been controlled to a point, “and we are making an effort now to try, as best as possible, to eradicate it, or to significantly control it.” The Minister further appealed to bee keepers to assist in the process of helping to control the disease, which represents a significant risk to the expansion and build out of the industry.   “I encourage all the farmers to engage the process and to live true to their commitment to control the disease,” he added. Head of the Apiculture Unit, Reginald Peddy, explained that the Unit will dispatch in the field, five teams of inspectors, each led by an Apiculture Extension Specialist from the Unit. “We will be depending on the Jamaica Constabulary Force (JCF) where there is resistance to enter some properties to assist us in gaining entry. We are also depending on the assistance of the bee keepers and individuals who know the whereabouts of apiaries that we do not have information on, to assist us to identify and locate them,” he said. Rural Development Specialist, IICA, Shauna Brandon, said that where the disease is found during the inspections, the infected hives will be burnt.  She pointed out that as part of the project, training in bee-keeping best practices will be conducted with bee farmers  as well as business management in the six target parishes of St. Catherine, Clarendon, St. James, St. Mary, Portland and St. Thomas “In addition to that, we will be establishing 500 commercial apiaries, and the aim is to strengthen the association’s ability to earn revenue to be able to fund ongoing monitoring of the disease,” she said. The project, which is to end in December, is being funded by the European Union Banana Support Programme, which is financed by the European Union in collaboration with the Government of Jamaica. The AFB is caused by a spore forming bacteria, Bacillus larvae. The disease is highly contagious and the spores of the bacteria which cause it are very persistent. They can survive on contaminated equipment for up to 40 years and still cause an infection. AFB can appear and spread quickly through a colony and if left untreated may result in the death of the hive in a short time. Advertisements CONTACT: ALECIA SMITHlast_img read more

$21 Million Allocated to Increase Parental Involvement in Schools

first_img$21 Million Allocated to Increase Parental Involvement in Schools EducationApril 10, 2013 RelatedSeven Primary Schools in East Kingston Get Tablet Computers Related$21 Million Allocated to Increase Parental Involvement in Schools Advertisementscenter_img Related$21 Million Allocated to Increase Parental Involvement in Schools FacebookTwitterWhatsAppEmail The Parent-School Partnerships for Improved Literacy Outcomes Project has received an allocation of $21.37 million in the 2013/14 Estimates of Expenditure, now before the House of Representatives. The project, being implemented by the Ministry of Education through funding from the United States Agency for International Development (USAID), seeks to increase parental involvement in improving reading skills among Grade 1 students at 60 selected primary and all age schools. It is anticipated that for this fiscal year under the project, training materials will be developed; teachers and principals will be trained; school libraries will be established or improved; parent places in 60 schools will be established; and parent engagement workshops will be hosted. Physical achievements originally envisaged include: providing parents with the necessary training and support for positive parent/child home literacy activities, such as increasing the frequency for parent-child home discussions around reading activities; and contributing to the development of quality support systems for parents. It was also originally anticipated that the Parent Teachers Associations (PTAs) would be established and strengthened in participating schools, in order to facilitate home literacy activities. The governance structures in project schools would have embraced the active participation of parents and community stakeholders. The project which began in December, 2012, is slated to end in January, 2014. By Alecia Smith-Edwards, JIS Reporterlast_img read more