Money Around Sport

Black Immigrant Daily News

The content originally appeared on: INews Guyana
Guyana President Dr Irfaan Ali and T&T soca star Machel Montano with CPL media personality Alex Jordan during the final match between the Jamaica Tallawahs and the Barbados Royals at the Guyana National Stadium last month (Photo: President Irfaan Ali Facebook)

(Trinidad Guardian) The Caribbean Premier League of Cricket (CPL) has completed its 10th year and its impact continues to be phenomenal both on and off the field. The ten consecutive years have been amazing. Not even COVID-19 was able to prevent the event, albeit with strict restrictions.

The CPL continues to provide regional cricketers with lucrative pay packages. Additionally, host countries have benefited from the positive effects of direct and indirect sport tourism and the economic activity related to hosting a mega sporting event. Promoted as the biggest party in sport, it brings colour and vibe to cricket. But even greater than that, it is the biggest regional event not only in sport but just the biggest regional event full stop! However, critics, and unbeknownst observers have intentionally or unintentionally at times failed to consider the positive impact of the CPL outside of cricket.

Countries are invited to bid for the right to host matches and assist the franchises. Therefore, the onus is on the respective countries to capitalise on their investments. It is for the countries to make the best of this investment. However, there are countries who have indicated that there is no commercial value from the CPL, as with their robust tourist industry, hosting the CPL has nothing to add.

This, however, is a short-sighted perspective, as the recently concluded CPL showed the attributes of play around sport. It was not just to 12,000 people who filled the Queen’s Park Oval, or the 18,000 who filled the Brian Lara Cricket Academy in Trinidad, or even the 14,000 who filled the National Stadium of Guyana that provided revenue. The full stadia, in fact, provided atmosphere, fervour, and excellent photo opportunities for politicians and those seeking public exposure. The major beneficiaries were those involved in activities around the cricket.

To start with, vendors both in and outside of the stadium, taxi drivers taking people to games or to attractions, restauranteurs, and hoteliers, all had a field day from St Kitts to St Lucia, Trinidad to Guyana. And this was not just from the over 200 persons directly involved in the CPL: teams and officials, organisers and marketing staff of the CPL, television production crews and commentators, etc., but from the hordes of people who travelled for the cricket.

There were not just local patrons but people from Europe, North America and other Caribbean countries who flocked to these venues. Included were franchise owners, some of whom are wealthy businesspeople, Bollywood stars and persons with interest not only in investing in regional cricket, but in the region in general. This was the forum for them to enjoy cricket and enjoy local hospitality while exploring their next business venture or investment.

Guyana grabbed the opportunity to organise a spectacular festive event around its leg of the CPL matches, inclusive of the knockout and final stages. Guyana is a country where optimism abounds amongst its citizens, palpable when talking to persons in all spheres of life. The idea and execution of the cricket festival was sheer brilliance. Not only did they invest in hosting two weeks of cricket, but there was also a grand gala dinner commemorating the 10th year of the CPL, and separate concerts featuring the likes of Beres Hammond, Spice, Machel Montano and chutney soca artists. The nightly food fairs, night markets and commercial activity exceeded the norm.

In fact, for the month of September, there was a 91% increase in visitor arrivals, with over 23,000 persons entering the country. The vast majority were visiting for the cricket and activities around cricket. Not only were all hotel rooms filled, but an organised system whereby persons could stay in local homes was successful. Not only did Georgetown benefit, but excursions into the interior of Guyana provided income to those who transported and those who hosted the hordes of visitors who paid handsomely for these excursions.

The energetic President, Mohammed Irfaan Ali, was the mastermind behind Guyana hosting the final leg of the CPL and the cricket carnival. He attended all of the evening matches and sat among the crowd in the stands as opposed to occupying the comfort of the Presidential Suite. He socialised at venues in Georgetown, ensuring that all his citizens and visitors had personal access to him. The way Guyana conducted itself during the two weeks of cricket begs the question now as to what was and is going through the minds of those who shun investment in the CPL.

The four countries that hosted CPL matches this year would have experienced financial benefits from increased arrivals and their related economic activity. With side shows and other events put on privately (even by cricketers), the benefits would have exceeded the norm. Guyana pivoted strategically to capitalise on all the possible benefits of hosting a sporting event. The West Indies missed this opportunity in 2007 when it hosted the ICC World Cup. However, the approach taken by Guyana can serve as a model for all future host countries.

The benefits of such investment are both tangible and intangible. Having spoken to the tangible, nationalism, patriotism, and even feelings of self-importance and self-worth are best brought out by war and sport. We are in a region where we do not believe in the former but have not fully exploited the latter. Which politician would not want to be in the middle of a full stadium where everyone is cheering and having a good time? Not only is there a good vibe, but there is enormous goodwill amongst all involved. There is national exposure for those watching on television or witnessing events on the ground. The influx of a mix of people with diverse backgrounds can only enhance the hosting country. For those players and visitors from overseas, it sells the idea of returning for a prolonged holiday. For those involved in business, it provides an opportunity to introduce them to opportunities on the ground. Whereas only some of the intangible benefits are mentioned, many more remain unidentified.

The opportunities around sport must be seized. The 10th edition of the CPL has provided a template for effective and efficient organisation for future host countries. One hopes that all countries acknowledge the benefits that can be gained. It is not just about money made in sport, but money made around sport.

Dr Akshai Mansingh is Dean, Faculty of Sport, The UWI. He can be reached at [email protected]

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Fire destroys State building housing Region Six REO

Black Immigrant Daily News

The content originally appeared on: INews Guyana

An early morning fire, of so far unknown origin, has destroyed a building that housed the Regional Executive Officer (REO) of Region Six (East Berbice/Corentyne), Navindra Persaud, and his family.

At the time of this morning’s blaze, no one was at home.

The building, which was situated at lot 2 Strand and King Street, New Amsterdam, is owned by the Region Six Regional Democratic Council (RDC).

Reports are that when it was noticed that the building was on fire, one bedroom was already engulfed and the fire had spread to other parts of the wooden building.

Divisional Commander of Region Six, Senior Superintendent of Police Shivpersaud Bacchus, who lived next door said he saw smoke coming from the building and raised an alarm.

According to Bacchus, he initially had difficulty getting on to the Fire Service in New Amsterdam but was able to make contact with authorities out of the region for them to use internal communication to get on to the local fire department.

The guard who was on duty at the REO’s residence said he did not know what number to use to call the fire service and so, he called Persaud who was at the time at his private residence in Region Four (Demerara-Mahaica).

Region Six REO Navindra Persaud

Early arrivers at the scene related that the firefighters took some time after arriving before they got into action to put out the blaze.

Public-spirited citizens were forced to break the window of a car that was on the premises and put it into neutral to push the vehicle out of the yard.

REO Persaud, who arrived on the scent after the fire was extinguished, told this publication that despite it being a government build, his losses were huge.

He said he left the building at about 9:30h on Saturday and then received a call this morning that the building was on fire.

“The building is a government building but everything that was inside was owned by me including the stove, music set… The only thing they had was a sofa but every other thing was mine. I brought all my things from Georgetown,” the REO noted.

He said it was too early for him to estimate his damages.

“I can tell you that it is a lot because all my children have computers, laptops and other gadgets; they have quite a lot of gadgets, I can’t put a price on it and my wife’s jewellery,” he noted.

Persaud said about two weeks now, he has been experiencing a voltage fluctuation and called in Guyana Power and Light (GPL) together with electricians from the RDC and the problem was rectified.

“They came and tightened some stuff but I am not too certain if that could have triggered anything,” Persaud stated.

Meanwhile, Divisional Fire Officer, Clive McDonald, said the call was received at 7:45h at the operations room of the New Amsterdam Fire Service and within a few minutes two units were at the scene.

He said when the firefighters arrived the entire building was engulfed in flames.

“Immediately, they went into action to stop and suppress the spread of the fire. Subsequently, another vehicle was dispatched, that is the browser that carries 3000 over gallons of water and firefighting activity commenced.”

McDonald said initial investigations indicate that the fire was initially seen sometime between 7:20 -7:30h but the fire department received the call at 7:45h.

A probe has been launched into the origin of the fire.

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Foreign Affairs Minister: US travel advisory unchanged from last year

Black Immigrant Daily News

The content originally appeared on: Trinidad and Tobago Newsday

News

Minister of Foreign and Caricom Affairs Dr Amery Browne. – JEFF K MAYERS

MINISTER of Foreign and Caricom Affairs Dr Amery Browne says the latest travel advisory issued by the US earlier this week does not mean the country’s standing has worsened

Answering questions posed by Naparima MP Rodney Charles at the Standing Finance Committee on a budget item for publicity, promotions and printing, Browne said the $200,000 allocated was not to combat negative perception of the country.

On October 5, the Ministry issued its advisory saying the country was ranked at Level II (exercise increased caution), while Port of Spain ranked at Level IV. The advisory warned Americans not to travel into Port of Spain due to crime, terrorism, and kidnapping.

It explicitly warned Americans not to travel to: Laventille, Beetham, Sea Lots, Cocorite, and the interior of the Queen’s Park Savannah because of crime.

Responding to Charles on Friday, Browne said: “Madam chair I know what the member is trying to do but this is really not the best line item to achieve that. The country is associated with a Level II advisory. Particular areas in Port of Spain are associated with a Level IV. This is exactly the same two tiers that existed last year.”

Browne asked that Charles not mislead the country into thinking that TT fell by two tiers as a country regarding the safety advisory of the country.

Moving on from that, Browne said the pandemic hindered the formation of the National Reparations Committee. He added that the formation of the committee remains an area of commitment for the government as well as the appointed of a chairperson for the committee.

“As you are aware the Prime Minister and the country has been weighing in on this issue, globally as well. At the micro level, here in TT, we have some work to do in terms of the National Reparations Committee.”

Browne said his ministry will be working on formulating a diaspora policy and there is a draft policy already in place. He added that within six months of the 2022/2023 fiscal year, he expects the policy to be completed.

Browne also hopes to fill several vacancies in his ministry within this fiscal year. He said of the 270 permanent posts, there are 63 still vacant and 33 contract posts to be filled.

Browne’s ministry’s allocation of $257,475,000 was approved by the Standing Finance Committee with no major concerns.

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Exxon catering for possibility of further gas beyond Liza Phases 1 & 2

Black Immigrant Daily News

The content originally appeared on: INews Guyana
Artist’s impression of the gas-to-shore project

– Gas-to-Shore Project Manager says tie-ins being designed

While the plan is to pump in gas from the Liza Phase 1 field for the Gas-to-Shore project, Esso Exploration and Production Guyana Limited (EEPGL) is catering for the possibility of future gas coming from beyond the current sources.

ExxonMobil’s Gas-to-Shore Manager Friedrich Krispin made this disclosure when he delivered remarks during the Guyana Basin Summit (GBS) that concluded last week. He noted that the company is catering for another floating, production, storage and offloading (FPSO) vessel supplying gas for the project in the future.

Currently, the Liza Destiny FPSO is producing oil and gas in the Liza Phase 1, while the Liza Unity FPSO is producing in the Liza Phase 2. He explained that a tie-in, which is a connection between a pipeline and an existing pipeline system or facility, would have to be done offshore.

ExxonMobil’s Gas-to-Shore Manager, Friedrich Krispin

“There are no tie-ins on shore. So, if there is a tie-in to be made, it has to be done at the well’s district. So, if there is any other potential opportunity for users of the gas, it will have to be at the well’s district. Or someone will have to take that gas from there and run it somewhere else,” Krispin said.

“The reason I said tie-ins is we’re actually designing one or two tie-ins offshore in deep water. The reason we’re doing that is that there might be a potential in the future where, beyond Destiny and Unity, there may be another FPSO’s gas that needs to be tied in with that line. Or there may be another block in the area that wants to tie into that line. So, there are inlet tie-ins, but no offtake tie-ins at this point,” Krispin explained.

Procurement for the Gas-to-Shore project has already been started by the Government of Guyana. With a timetable to deliver rich gas by the end of 2024 and the Natural Gas Liquid (NGL) plant to be online by 2025, works are progressing on getting the project off the ground. During the first half of this year, Exxon was expected to source the materials and pipelines, so that they are available for when construction starts later this year.

The project, which will have a 25-year lifespan, is expected to employ up to 800 workers during the peak construction stage, some 40 full-time workers during the operational stage, and another 50 workers during the decommissioning stage.

The Gas-to-Shore project would include a power plant and an NGL plant, all of which would be constructed within the Wales Development Zone (WDZ). When it comes to the construction of a combined cycle power plant, this will generate up to 300 megawatts (MW) of power, with a net 250MW delivered into the Guyana Power and Light Grid at a sub-station located on the East Bank of Demerara.

The Guyana Government has already invited interested parties to make investments in the WDZ, which would be heavily industrialised, and for which approximately 150 acres of land have been allocated. Those lands were previously used by the Wales Sugar Estate.

Head of the Gas-to-Shore Task Force, Winston Brassington, had previously stated that ExxonMobil Guyana, which is funding the pipeline aspect of the project out of cost oil, has found that there would be substantial savings from combining these two facilities.

The scope of the approximately US$900 million Gas-to-Shore project also consists of the construction of 225 kilometres of pipeline from the Liza field in the Stabroek Block offshore Guyana, where Exxon and its partners are currently producing oil. It features approximately 220 kilometres of a subsea pipeline offshore that would run from Liza Destiny and Liza Unity floating, production, storage and offloading (FPSO) vessels in the Stabroek Block to the shore. Upon landing on the West Coast Demerara shore, the pipeline would continue for approximately 25 kilometres to the NGL plant at Wales, West Bank Demerara.

The pipeline would be 12 inches wide, and is expected to transport per day some 50 million standard cubic feet (mscfpd) of dry gas to the NGL plant, but it has the capacity to push as much as 120 mscfpd.

The pipeline’s route onshore would follow the same path as the fibre optic cables, and will terminate at Hermitage, part of the WDZ which will house the Gas-to-Shore project.

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Gezamenlijke patrouille stuit op illegalen op Marowijnerivier

Black Immigrant Daily News

The content originally appeared on: De Ware Tijd Online

MAROWIJNE — Omdat het vermoeden bestaat dat er sprake is van mensenhandel, heeft de politie zestien opvarenden aangehouden. Van de

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Approving cost of living adjustments for civil and public servants Loop Cayman Islands

Black Immigrant Daily News

The content originally appeared on: Cayman Compass

If you read the recent publications of Cabinet meeting summaries, you will notice that Cabinet approved cost of living adjustments for certain government owned entities or public authorities. If you are asking why these entities can’t do so on their own, the answer is set out in the Public Authorities Act.

What the Public Authorities Act says

According to the Public Authorities Act, a public authority shall not award cost of living adjustment for staff of a public authority unless permitted to do so by the Cabinet.

In addition, no bonus or performance payment scheme may be introduced by the public authority unless the public authority is permitted to do so by the Cabinet.

What remains to be done

While civil servants and public servants appreciate these one-time cost of living adjustments or honorarium payments, for some, it is unclear whether they will ever catch up with rising inflation rates. This is especially the case for those civil servants and public servants in lower salary grades.

For example, if low salary earners in government are awarded a one-time, 2 per cent cost of living payment in one month, the question is how they will manage the cost of living that may continue to increase for the following 11 months (the below data from the Economics & Statistics Office shows that prices have steadily increased for the first half of 2022).

Consumer Price Index, a measure of inflation (source: Economics & Statistics Office)

If finances are available, perhaps the current government may correct the imbalance created when a previous administration gave salary increases to the highest earning civil servants in salary grades A to D, but not those in lower brackets in salary grades E and below. This may give civil servants and public servants in lower brackets a chance to cope with the escalating cost of living rather than just simply trying to survive.

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CARIBBEAN-FINANCE-BoJ Governor to discuss monetary and fiscal policies in LAC

Black Immigrant Daily News

The content originally appeared on: Cana News Business

Post Content

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‘Justitie laat nabestaanden in de steek’

Black Immigrant Daily News

The content originally appeared on: De Ware Tijd Online

Ximena zóu op zondag 9 oktober haar dertigste verjaardag hebben moeten vieren. Met de nadruk op ‘zou’, want dat was

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FEATURE: Commissioner warns drivers to resist urge to mow down cops Loop Jamaica

Black Immigrant Daily News

The content originally appeared on: Jamaica News Loop News

A strong warning this week by Police Commissioner, Major General Antony Anderson, for motorists to desist from attempting to mow down police officers, has rehashed some sordid moments in the past where the island’s law enforcers have been left nursing injuries while on traffic duties.

In fact, some officers have lost their lives to the very act that the commissioner has given notice for motorists to resist the dangerous practice.

In referring to such acts as attempts to “kill” a police officer, Anderson, while addressing a police press conference on Tuesday, used the scenario to hammer home the point about attempts by motorists to resist arrest.

Several videos have gone viral on social media over recent weeks which showed the police and motorists in heated exchanges, some of which became physical.

The commissioner has since put the country on notice that in the face of what he cited as attempts to interfere with the law enforcers’ efforts to bring order to the streets, the cops would not be deterred in conducting their lawful duties.

At that point, he implored motorists to resist the urge to mow down police officers.

“This idea that the police are stopping somebody and you are going to drive your car having (been) stopped, and drive your car away and hit down a police officer; as far as I am concerned, you’re attempting to kill the police officer and he can respond in a manner of stopping himself from being killed,” declared Anderson.

“So, when you’re being stopped, stop!” the commissioner insisted.

“I am not talking about somebody going at speeds and he can’t stop in time. I am talking about the person who is in a discussion with the police officer, the police officer is in front of the car, and they decide to drive and mow them down.

“That is not acceptable and the police officer or the police team that is there have to respond appropriately,” Anderson stated.

Over the years there have been such incidents where motorists have ignored the lawful commands of officers to stop, and have instead opted to mow down the cops on duty.

For example, on January 10, 2022 a police constable was hospitalised with a broken leg after he was mowed down by a motorcyclist in Santa Cruz, St Elizabeth.

The incident happened during an operation involving the police and personnel from the Transport Authority (TA) at about 11am near the Horizon Park Housing Scheme in Santa Cruz.

Then head of the St Elizabeth police, Superintendent Dwight Daley, said the cop and the TA personnel were conducting duties when the lawman was hit down by a motorcycle.

The cop was admitted to the hospital for treatment for the broken leg.

At the time, the motorcyclist fled the scene, but a pillion was arrested.

Similarly, on January 23, 2020, a police constable was conducting duties at the intersection of Worthington Avenue and Trafalgar Road in New Kingston at approximately 7:45 am, when a driver who he signalled to stop, sped up and hit him (the cop), who fell to the ground, and the vehicle ran over his leg.

The cop underwent surgery and cops launched a manhunt for the driver of the black Toyota Wish motorcar that was subsequently found in the Mountain View Avenue area in St Andrew.

Six months later, the suspect, said to be a taxi operator, was held in St Elizabeth following his reported involvement in another hit-and-run incident.

Edward Rochester, 43, of Jarrett Lane, Kingston was charged days later with assault occasioning grevious bodily harm and dangerous driving relative to mowing down the lawman.

But not all cops were left nursing serious injuries during such incidents. At least two have lost their lives while on active duty over recent years.

File photo of a physical engagement between a policeman and a public passenger vehicle (PPV) operator on a public thoroughfare.

In Westmoreland, 21-year-old Police Constable Curtis Lewis died from injuries he sustained after being mowed down while on duty in the parish in July of 2015.

It was reported that Lewis and a colleague were on Bowens Road in Sheffield, Westmoreland, when they signalled a motorcyclist to stop. The motorcyclist disobeyed, mowing down the officer, whose leg was severed due to the impact, and it fell some distance away.

The motorcycle eventually crashed into an embankment, and both the driver and the pillion fled the scene.

However, the police later searched the area and found the motorcyclist, Roneil Murray, who was slapped with a charge of manslaughter.

Additionally, he was charged with having no insurance for the motorcycle, no fitness, wearing no helmet, having no rear view mirror, no registration plate, operating an unlicenced moto bike; operating contrary to the terms of his driver’s licence; failing to stop at an accident, and conveying a pillion.

The status of that case is now unknown.

A year later, the Jamaica Constabulary Force (JCF) was again in mourning, as another policeman died after being hit by a motor vehicle on the nation’s road.

Inspector Mark Gibbs, who was a sub-officer in charge of the Clarke’s Town Police Station in Trelawny, was conducting traffic duties along the Clarke’s Town main road when tragedy struck on August 19, 2016.

Gibbs had reportedly signalled the driver of a motorcar to stop, but the driver disobeyed and mowed down the inspector on the side of the roadway before speeding away. Gibbs later succumbed to his injuries.

In reacting to Gibbs’ death at the time, Prime Minister Andrew Holness called for the police to use all their investigative powers to bring the person responsible to justice.

Holness also encouraged the members of the JCF, especially those assigned to the Traffic Division, to remain resolute in the pursuit of their duties.

He said at the time that the loss of any life, particularly that of a police officer carrying out his duty, is not only sad for the JCF, but also for the citizens who depend on them to serve and protect the nation.

A day after that directive, Andre Brown, the driver of the car that hit down Gibbs, turned himself over to the police. He was subsequently charged with manslaughter, failing to stop at an accident, and failing to report an accident.

Gibbs’s death came a week after Police Constable Mark Rose died from injuries he sustained when he was the victim of a hit-and-run driver as he attempted to cross a roadway in Spanish Town St Catherine.

Rose, who was then assigned to the now disbanded Mobile Reserve Division of the JCF, was not on duty at the time he was hit.

The lawman was mowed down by a speeding burgundy van while crossing the road along Job Lane. Eyewitnesses said the incident occurred at about 10:30 am on Friday, August 12, 2016.

It is not clear if anyone was charged relative to that incident, as Rose succumbed to his injuries at the Spanish Town Hospital.

Police at the time theorised that the incident was deliberate, media reports said.

A year later, a police officer escaped serious injuries after being struck by a motor vehicle while on duty along the North South Highway. That incident occurred in April 2017.

Loop News reported at the time that the constable was conducting spot checks along the highway in the vicinity of the Linstead exit ramp, when he was hit by a car.

He reportedly suffered injuries to his head, face, arm and neck, and was rushed to the Linstead Hospital, where he was treated and released.

It is not clear if the driver who injured the cop was ever arrested and charged.

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IMF says reforms are needed to improve access to credit.

Black Immigrant Daily News

The content originally appeared on: Antigua News Room

The International Monetary Fund says reforms are needed to improve access to credit in Antigua and Barbuda.

The regional credit bureau is expected to accelerate the lending process and enhance credit quality.

Modernization of the insolvency law to facilitate out-of-court settlement and clarify creditor rights can help incentivize lending.

The recently launched regional partial credit guarantee scheme for micro-, small- and medium-sized enterprises can be utilized to alleviate collateral constraints of borrowers.

Meantime, the IMF says the Financial Services Regulatory Commission (FSRC) should continue to exercise vigilance to safeguard financial stability.

 It will be important to intensify the monitoring of credit unions’ asset quality and ensure loan loss provisioning is consistent with fragilities in borrowers’ financial position and broader economic prospects.

The FSRC should also collaborate with the ECCB to formulate a national crisis management plan to contain potential system-wide risk covering both banks and non-banks.

In addition, the supervision, reporting, and regulatory frameworks should be adapted to incorporate climate risks, leveraging regional initiatives led by the ECCB and including through stress tests for non-banks.

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