Bahamas meteorologist featured on PBS NOVA special TONIGHT

first_imgFacebook Twitter Google+LinkedInPinterestWhatsAppNASSAU, Bahamas – October 31, 2017 – The Bahamas’ own, Wayne Neely and his work chronicling the biggest, baddest hurricane to have hit The Bahamas and the region will be featured on the PBS NOVA series, ‘Killer Hurricanes’ and the series debuts on Wednesday November 1.The Great Hurricane of 1780 –  The Story of the Greatest and Deadliest Hurricane of the Caribbean and the Americas is the title of Neely’s book; it is a best seller.  The forecaster with the Bahamas Department of Meteorology is also an historian and told media that the real concentration will be the Great Hurricane of 1780, which remains the deadliest hurricane in North Atlantic hurricane history with 22,000 people killed — most of them slaves — in the Caribbean.Again you can find Killer Hurricanes on PBS NOVA tomorrow, November 1 at 9pm. Facebook Twitter Google+LinkedInPinterestWhatsApp Related Items:#author, #greathurricaneof1780, #hurricanes, #wayneneelylast_img read more

IMF chief Christine Lagarde on trial in France over tycoon case

first_imgInternational Monetary Fund (IMF) chief Christine Lagarde will face trial in France on Monday over a huge state payout case to a business tycoon during her tenure as the French finance minister.An Agence France-Presse (AFP) report said Lagarde allegedly mishandled a dispute with Bernard Tapie, the former owner of sportswear giant Adidas, during her term as finance minister, which resulted in payment of massive $427 million compensation to the business tycoon by the state. He has since been asked to repay the amount after a lengthy court battle.The IMF chief, however, denied the charges of negligence arguing that she had acted “in the state’s interest.” If found guilty, Lagarde could receive a one-year prison sentence along with $15,900 fine, the report said. She will be tried by the Court of Justice of the Republic, a tribunal that hears cases against ministers.Meanwhile, the case threatens the credibility of IMF, whose last three managing directors have faced trials. It also poses risk to the image of 60-year-old Lagarde, who has a stellar career progression from a former corporate lawyer to the finance minster of France to head the world’s most powerful funding agency — IMF.According to the report, Tapie, who owned Adidas between 1990-1993, had accused a state bank of defrauding him in his sale of the sportswear firm and was fighting a legal battle against the state. On becoming finance minister in 2007 under Nicolas Sarkozy, Lagarde had ordered that Tapie’s long-running battle with the state be resolved by arbitration.Investigators suspected that the arbitration process was rigged in favour of Tapie, who had supported Sarkozy in his 2007 presidential election campaign. Although Lagarde was not accused of being personally benefited from the decision, she had been criticised for failing to challenge the huge payout award in favour of Tapie.last_img read more

Symptoms of 74like famine in sight BNP

first_imgRuhul Kabir RizviThe Awami League government has created a situation of lawlessness by plundering public resources, especially looting money from banks, insurance companies and the share market, the Bangladesh Nationalist Party has alleged.BNP senior joint secretary general Ruhul Kabir Rizvi has said the activists and beneficiaries of the ‘mandateless government’ are ruining the financial sector and the country as a whole.The BNP leader, during a briefing on Sunday, pointed out that the economy is in the doldrums and the people are suffering for the price-hike of essentials added to the lack of economic opportunities in society.”Reports say many people are living, banking on personal loans… Symptoms of the famine of 1974 are being visible,” Rizvi told newsmen at the party’s Naya Paltan central office.Referring to the recent scams in the private commercial banks, he observed that corruption and anarchy in the banking sector have turned epidemic.He listed the names of state-owned Sonali, Rupali, Agrani and Janata banks, and also specialised Krishi Bank, and NRB Commercial Bank and Farmers Bank that are plagued by fraudulent practices.”Those of the mandateless government have grabbed 56 out of 57 banks… Due to massive looting in the banking sector the commoners as clients are living in panic (about their deposits),” the BNP leader said. “However, the government’s ministers are now buying homes abroad.”On takeover of Islami Bank Bangladesh Limited earlier this year, he regretted that the foreign shareholders of the banks were withdrawing from the bank due to such unwarranted interference in the activities of the financial institution. “Most recently, the Social Islami Bank Limited has also been occupied by the Awami League’s people,” he said.Rizvi blasted the finance minister, AMA Muhith, for failure to publish the probe report on US$81 million cyber heist of the Bangladesh Bank.The BNP leader also criticised Muhith for downplaying the figures of poverty-ridden people in the country.Rizvi alleged that the moment the absolute number of poor is increasing, the AL’s men and their families are in a competition to grab public resources.”Looting, tender manipulation, extortion and politicisation are all affecting the entire society. As a result, law and order has broken down across the country,” he said.”There is no sector in the country where the ruling party men did not try to make money from,” he added.The BNP leader also dwelt on the rising unemployment, stagnation in investment and slowdown in remittances inflow.”If the situation continues, a catastrophe is likely and the people would be compelled to lead the life of animals,” he said.The BNP joint secretary general expressed his conviction that the nation would not get rid of the situation, until the fall of the ‘government without mandate’.last_img read more