Jamaica Observer: Next IMF loan will be 'the last': Pakistan finance minister

October 22, 2018

PRN-Caribbean News Jamaica Observer: Next IMF loan will be 'the last': Pakistan finance minister Jamaica Observer: This Day in History — October 23 Jamaica Observer: Boy bares soul Tearful teen Jamaica Observer: Trump threatens to reduce Central American aid Jamaica Observer: T&T mopping up after devastating flood Jamaica Observer: Nichol Checks off 50 years at ATL Jamaica Observer: Vaz sceptical PNP support for SOE waning Jamaica Observer: Khashoggi fallout Saudi conference no-shows Jamaica Observer: Gov't launches new RIM policy Jamaica Observer: NCU appeals for help with Rescue 2020 Jamaica Observer: Russia warns Canada cannabis legalisation will lead to increased trafficking Latin American Herald Tribune: Honduran Migrant Caravan Ready to Start New March through Mexico Latin American Herald Tribune: North, South Korea, UNC Agree to Pull Back Weapons, Troops from Border Area Latin American Herald Tribune: Commemorative Coin with Poor Likeness of Spain’s Princess Leonor Goes on Sale Latin American Herald Tribune: Jakarta Calls for Transparent Probe in Khashoggi Murder Latin American Herald Tribune: Trump Announces Aid Cut to Guatemala, Honduras and El Salvador Latin American Herald Tribune: America Grabs Top Spot in Liga MX’s Apertura Tournament Latin American Herald Tribune: Former Croatian PM Sentenced to 2 Years Prison for Corruption Charges Latin American Herald Tribune: China Mine Accident Death Toll Climbs to Three, 18 Remain Trapped Latin American Herald Tribune: Hurricane Willa Strengthens to Category 5 as It Nears Mexico Jamaica Observer: Next IMF loan will be 'the last': Pakistan finance minister PRN-Caribbean News from mikenova (15 sites) Islamabad , Pakistan (AFP) — Pakistan's finance minister promised Saturday to end the country's reliance on International Monetary Fund bailouts to shore up its shaky economy, as officials prepare to negotiate a new loan. Read More Jamaica Observer: This Day in History — October 23 PRN-Caribbean News from mikenova (15 sites) Today is the 296th day of 2018. There are 69 days left in the year. TODAY'S HIGHLIGHT 1996: A historian reveals that the Swiss bank accounts of presumed Holocaust victims were used to settle Switzerland's post-war compensation disputes with Poland and Hungary. Read More Jamaica Observer: Boy bares soul Tearful teen PRN-Caribbean News from mikenova (15 sites) A schoolboy, who was forced to leave his community because of violence that claimed the lives of most of his male relatives, broke down in tears as he spoke about the problems he is now having with his father at home. Read More Jamaica Observer: Trump threatens to reduce Central American aid PRN-Caribbean News from mikenova (15 sites) WASHINGTON, DC, USA (AP) — President Donald Trump said yesterday that the US would begin “cutting off, or substantially reducing” aid to three Central American nations over a migrant caravan heading to the US southern border. Read More Jamaica Observer: T&T mopping up after devastating flood PRN-Caribbean News from mikenova (15 sites) PORT OF SPAIN, Trinidad (CMC) – Trinidad and Tobago yesterday began the task of mopping up following heavy rains over the past four days that caused widespread flooding, landslides and left millions of dollars in damage. Read More Jamaica Observer: Nichol Checks off 50 years at ATL PRN-Caribbean News from mikenova (15 sites) AFTER five decades with Appliance Traders Limited (ATL), Checks Nichol has earned the rightful title as one of 'The Pioneers'. Lauded earlier this year at the company's golden anniversary celebration along with three other long-standing team members — Errol Lee, Keith Johnson and Carl Ennis — Nichol shares he wouldn't change a thing about his ATL journey, as “after 50 years, I'm still as excited about this place as I was on day one”. Read More Jamaica Observer: Vaz sceptical PNP support for SOE waning PRN-Caribbean News from mikenova (15 sites) BARRETT TOWN, St James — Government Minister Daryl Vaz is expressing scepticism about the Opposition People's National Party's (PNP's) further support of the extension of the state of public emergency in St James. Read More Jamaica Observer: Khashoggi fallout Saudi conference no-shows PRN-Caribbean News from mikenova (15 sites) DUBAI, United Arab Emirates (AFP) — The head of German conglomerate Siemens yesterday joined a slew of corporate chiefs and politicians in pulling out of an investment conference this week in Saudi Arabia, over the murder of Saudi journalist Jamal Khashoggi. Read More Jamaica Observer: Gov't launches new RIM policy PRN-Caribbean News from mikenova (15 sites) THE Ministry of Education, Youth and Information, in collaboration with the Office of the Cabinet, has launched the Records and Information Management (RIM) Policy Implementation and Sensitisation Programme, geared towards ensuring that all activities and decisions of the Government are fully and accurately documented, managed and monitored. Read More Jamaica Observer: NCU appeals for help with Rescue 2020 PRN-Caribbean News from mikenova (15 sites) PRESIDENT of the Northern Caribbean University (NCU) Dr Lincoln Edwards has made an appeal to the private sector, civic bodies and philanthropic organisations to help support its Rescue 2020 scholarship programme. Read More Jamaica Observer: Russia warns Canada cannabis legalisation will lead to increased trafficking PRN-Caribbean News from mikenova (15 sites) OTTAWA, Canada (AFP) — Russia yesterday denounced Canada's cannabis legalisation, which took effect last week, calling it “unacceptable” and contrary to international laws, and saying it will lead to increased trafficking abroad. Read More Latin American Herald Tribune: Honduran Migrant Caravan Ready to Start New March through Mexico PRN-Caribbean News from mikenova (15 sites) Honduran Migrant Caravan Ready to Start New March through Mexico TAPACHULA, Mexico – Thousands of Honduran migrants in a caravan that seeks to march through Mexico to reach the United States signed up Monday for a new crossing of the southeastern state of Chiapas, defying the immense fatigue they were feeling after 10 days on the road.After a wearying 40-km (24-mile) march that brought them this Sunday across the border between Guatemala and Mexico to the city of Tapachula, many in the caravan passed the night in the downtown plaza and had it overflowing with blankets and backpacks.Around 6:30 am, many migrants began to awake as the sun came up, still tired but determined to reach the United States.“We have to be strong and keep fighting our way ahead. Read More Latin American Herald Tribune: North, South Korea, UNC Agree to Pull Back Weapons, Troops from Border Area PRN-Caribbean News from mikenova (15 sites) North, South Korea, UNC Agree to Pull Back Weapons, Troops from Border Area SEOUL – North Korea, South Korea and the United Nations Command (UNC) – led by the United States – agreed Monday to pull back weapons and guard posts from the Joint Security Area (JSA), the only part of the border where troops from the three sides stand face to face.The agreement, reached during a trilateral meet Monday in the JSA, was based on a military agreement signed in September by North Korea and South Korea, which are technically still at war, in Pyongyang.The two Koreas and the UNC agreed to take measures to disarm the JSA by Oct. Read More Latin American Herald Tribune: Commemorative Coin with Poor Likeness of Spain’s Princess Leonor Goes on Sale PRN-Caribbean News from mikenova (15 sites) Commemorative Coin with Poor Likeness of Spain’s Princess Leonor Goes on Sale MADRID – A special issue coin commemorating the 1,300th anniversary of the founding of the Iberian kingdom of Asturias went on sale on Monday bearing what some observers have called a poor representation of the elder daughter of the kings of Spain.Leonor, Princess of Asturias, who is first in line to inherit the Spanish throne, appears for the first time engraved on a coin alongside the profile of her father, King Felipe VI.The 30 euro ($34), 18 gram (0.6 ounces) silver coin shows the left profile of what looks more like a grown woman than a 12-year-old girl.When the collectible coin was first presented in July, the artwork was criticized because it was extremely difficult to recognize the princess, while the king’s face reflected a true likeness.The Spanish Mint intends to mint up to one million coins whose reverse side shows a coat of arms representing Spain’s oldest principality, combined with the Spanish flag and a circular legend that reads: “1,300 anniversary of the Kingdom of Asturias.”The legend on the coin’s obverse side reads, “Felipe VI y Leonor Princesa de Asturias” including the word “España” (Spain)” and the year it was minted; 2018.The coin includes the latest safety measures including a laser-cut quadruple latent image. Read More Latin American Herald Tribune: Jakarta Calls for Transparent Probe in Khashoggi Murder PRN-Caribbean News from mikenova (15 sites) Jakarta Calls for Transparent Probe in Khashoggi Murder JAKARTA – Indonesia called on Monday for a transparent and thorough investigation into the death of Saudi journalist Jamal Khashoggi.Indonesian President Joko Widodo conveyed his concern regarding the case to Saudi Arabian Foreign Minister Adel al-Jubeir in a meeting at the presidential palace in the city of Bogor, around 50 kilometers (31 miles) south of Jakarta, foreign ministry spokesperson Arrmanatha Nasir told EFE.After the meeting, foreign minister Retno Marsudi told reporters that Indonesia hoped that investigation into the alleged assassination would be conducted in a transparent manner.On Saturday, Saudi authorities had said that Khashoggi, who was last seen entering the Saudi consulate in Istanbul on Oct. Read More Latin American Herald Tribune: Trump Announces Aid Cut to Guatemala, Honduras and El Salvador PRN-Caribbean News from mikenova (15 sites) Trump Announces Aid Cut to Guatemala, Honduras and El Salvador WASHINGTON – President Donald Trump said on Monday that he will “begin cutting off, or substantially reducing” US foreign aid to Guatemala, Honduras and El Salvador for not “stopping” the recent caravan of US-bound migrants.“Guatemala, Honduras and El Salvador were not able to do the job of stopping people from leaving their country and coming illegally to the U.S. Read More Latin American Herald Tribune: America Grabs Top Spot in Liga MX’s Apertura Tournament PRN-Caribbean News from mikenova (15 sites) America Grabs Top Spot in Liga MX’s Apertura Tournament MEXICO CITY – America rolled to a 3-0 win against Tijuana over the weekend, grabbing the top spot in the Mexican league’s 2018 Apertura tournament.The Mexico City-based club benefited from Cruz Azul’s 2-0 loss to Queretaro.At the end of the 13th round of play on Sunday, America, managed by Miguel Herrera had a record of 8-2-3 and 27 points.Playing at home at Azteca Stadium, America beat the Xolos on goals by Argentine Emanuel Aguilera, Colombian Andres Ibargüen and Mexican Diego Lainez.Cruz Azul is in second place in the standings, with 26 points, and Santos Laguna is in third place, with 25 points.The Pumas are in fourth place in the tournament, with 23 points, on goal differential, while Monterrey is in fifth place, with 23 points. Read More Latin American Herald Tribune: Former Croatian PM Sentenced to 2 Years Prison for Corruption Charges PRN-Caribbean News from mikenova (15 sites) Former Croatian PM Sentenced to 2 Years Prison for Corruption Charges ZAGREB – A former Croatian prime minister was on Monday sentenced to two and half years in prison on account of receiving illegal income from an Austrian bank in 1994.Ivo Sanader, who was prime minister of Croatia between 2003-2009, received an illegal payment of 3.6 million kunas ($560,000) from an Austrian bank, Hypo Alpe Adria Bank, which was dismantled in 2014.The judges of the Zagreb Court said on Monday that Sanader would have to return the funds to the Croatian treasury.The illegal payment came from a loan the bank awarded the government to put towards purchasing buildings for international diplomatic activities, of which Sanader got 5 percent.The former PM’s defense said they would appeal, stating Sanader had already served half the sentence.The prosecutors said they would also appeal due to what they considered to be a lax ruling.Sanader, 65, has been embroiled in several corruption scandals, including the embezzlement of around 11 million euros involving the Croatian and Hungarian petrol companies (Ina and Mol respectively), but the trial was suspended.In 2014, Sanader was sentenced to 9 years prison for the appropriation of 10 million euros, however, the sentence was annulled based on procedural errors and his retrial started in 2016.In 2017, Sanader was sentenced to four and half years prison in relation to the embezzlement of funds in 2009 for the purchase of a state building for the Agricultural Ministry, a sentence yet to be confirmed by the upper courts. Read More Latin American Herald Tribune: China Mine Accident Death Toll Climbs to Three, 18 Remain Trapped PRN-Caribbean News from mikenova (15 sites) China Mine Accident Death Toll Climbs to Three, 18 Remain Trapped BEIJING – Chinese authorities raised on Monday the death toll in a coal mine accident in eastern Shandong province to three after one miner died in hospital, while emergency services worked to save another 18 still trapped.The death of the miner comes after being rescued on Sunday.A rock burst “explosion” inside the coal mine in the province’s Yuncheng district late Saturday had trapped 334 miners working inside.After the incident, rescue teams managed to evacuate most workers and recovered two bodies.The condition of the remaining 18 miners trapped remained unknown, state-owned China Daily newspaper reported citing government officials.The cause of the accident was being investigated; however, such incidents are usually triggered by explosions carried out inside the mines.In China, mines, especially coal mines – the country’s main source of energy – are among the most dangerous in the world with a high rate of accidents, although in recent years fatalities have fallen significantly.In 2017, there were 219 accidents in Chinese coal mines with 375 deaths, a drop of 28.7 percent from 2016 and 20 times lower than the figure recorded during the early 2000s, when up to 7,000 people died in mine accidents each year. Read More Latin American Herald Tribune: Hurricane Willa Strengthens to Category 5 as It Nears Mexico PRN-Caribbean News from mikenova (15 sites) Hurricane Willa Strengthens to Category 5 as It Nears Mexico MEXICO CITY – Hurricane Willa intensified to a Category 5 on Monday as it continued its approach to Mexico’s Pacific coast, the country’s National Weather System (SMN) said.The storm, which has maximum sustained winds of 260km/h (160mph), is expected to make landfall late Tuesday somewhere between San Blas, Nayarit state, and Mazatlan, Sinaloa.In its latest bulletin, the SMN said that Willa is some 215km (135mi) southwest of Cabo Corrientes, Jalisco, and 280km (175mi) south-southwest of Las Islas Marias, Nayarit.Willa is moving north at 11km/h (7mph).The US National Hurricane Center has issued a hurricane warning for San Blas to Mazatlan, including Las Islas Marias.A tropical storm warning is in effect for Playa Perula to San Blas, and from Mazatlan northward to Bahia Tempehuaya.According to the SMN forecast, Willa is expected to change its track toward the northeast early Tuesday and will hit the coast in the afternoon, causing very strong storms and intense rains in Jalisco and Colima, as well as Baja California Sur, Sinaloa, Nayarit and Durango.Wilma, a “potentially catastrophic” hurricane, will be accompanied by a dangerous storm surge, the NHC said. 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