According to Minister Lawrence, the number of confirmed cases have moved from 47 to 48, with Region 4 accounting for most of those cases, followed by Regions Three (Essequibo Islands-West Demerara) and 10 (Upper Demerara-Berbice), which account for five per cent each, and Regions One (Barima-Waini) and Six (East Berbice-Corentyne) which have two per cent each. (Guyana Chronicle) As cases of the Novel Coronavirus (COVID-19) disease continue to increase, Region Four (Demerara-Mahaica) has been identified as the “epicenter” for this disease, accounting for 84 per cent of the cases. This was according to Minister of Public Health, Volda Lawrence, during a virtual update on the COVID-19 pandemic, on Tuesday. Oct 16, 2020 More deaths from COVID-19 recorded in CARICOM countries,… The minister said 60 per cent of the persons, who tested positive for the disease are males and 40 per cent are females. Oct 15, 2020 Six Eastern Caribbean countries deemed safe for travel – CDC Oct 15, 2020 So far, 224 persons have been tested for the COVID-19 disease, with 176 of those persons testing negative and eight of the positive cases recovering from the disease. Deaths caused by the disease remain at six. CMO says Saint Lucia at critical stage of COVID-19 outbreak St. Lucia records more cases of COVID – confirmed cases now at 48; 44 persons infected through community spread Oct 16, 2020 “Of the 48 positive COVID-19 cases, four are known to have travelled from another country and the other 44 persons contracted the Coronavirus Disease in Guyana,” said Minister Lawrence. Read more at: Guyana Chronicle Share this:PrintTwitterFacebookLinkedInLike this:Like Loading… You may be interested in… COVID-19 claims another life in GuyanaGuyana has lost another life to the novel coronavirus (COVID-19), taking the death toll to 56. The victim was an 83-year-old woman from Region Four (Demerara-Mahaica). Authorities said the woman died while receiving treatment at a local health facility. The Ministry of Health expressed condolences to the family of the…September 14, 2020In “General”21 quarantine patients to be discharged todayA group of 21 Guyanese who returned from Barbados recently are heading back home to their families after being medically cleared. They were placed in mandatory isolation by the Ministry of Public Health. Another seven persons who were on home quarantine have also been cleared. These disclosures were made by…April 10, 2020In “General”More COVID-19 recoveries, deaths in CARICOM Member StatesSeveral CARICOM Member States are recording more deaths from the COVID-19 global pandemic. While some patients who were diagnosed with the virus have recovered and have been discharged from hospitals in some countries, Jamaica, Guyana and Trinidad and Tobago have recorded more deaths from the disease. On Wednesday 1 April,…April 1, 2020In “CARICOM”Share this on WhatsApp
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To continue enjoying Building.co.uk, sign up for free guest accessExisting subscriber? LOGIN Subscribe now for unlimited access Get your free guest access SIGN UP TODAY Stay at the forefront of thought leadership with news and analysis from award-winning journalists. Enjoy company features, CEO interviews, architectural reviews, technical project know-how and the latest innovations.Limited access to building.co.ukBreaking industry news as it happensBreaking, daily and weekly e-newsletters Subscribe to Building today and you will benefit from:Unlimited access to all stories including expert analysis and comment from industry leadersOur league tables, cost models and economics dataOur online archive of over 10,000 articlesBuilding magazine digital editionsBuilding magazine print editionsPrinted/digital supplementsSubscribe now for unlimited access.View our subscription options and join our community
The Greater London Authority became the first local authority to issue a bond for 17 years this week, when it issued a £600m bond to raise funds for Crossrail.The bond developed with Lloyds Bank Corporate Markets could knock up to £65m off the costs of long-term borrowing according to the GLA.The GLA turned to the bond market when the government’s Public Works Loan Board made borrowing more expensive – GLA had previously raised £800m in this way.Raising project finance through bonds was the hot topic at Building’s first Infrastructure Forum. Without bonds the bankers said only a fraction of privately funded infrastructure projects would be built.The problem is the risk associated with big construction projects – both in delivery and cost-overruns. Credit agencies such as Finch and Moody won’t give infrastructure projects good enough ratings to satisfy long-term institutional investors such as pension funds and insurers.Up until 2008 the issue was partly resolved by monoline insurers, which had AAA ratings, and guaranteed the risk on big infrastructure projects thus making project bonds attractive to institutional investors.But they crashed out during the credit crunch after they were exposed to bad debts and lost their AAA status. No longer were they able to ‘wrap’ risky infrastructure projects in investor-grade cotton wool.Right now nobody is guaranteeing project risk, and nobody monitors the bondholders stake in the project (a critical role of the monolines).This means that unless you have access to sovereign funds your motorways, football stadiums and solar farms just aren’t going to get built.Shortage of long-term finance was blamed for the parking of the £3.5bn Mersey tidal scheme. Peel Holdings put the scheme on hold because they could not find any long-term investors even though the eventual returns would more than have paid for the costs of the project.The problem is global. The forum’s chair CA/LA’s Norman Anderson said governments were arguing with investors over who took on project risk the world over.With the World Cup and Olympics looming, the impasse is particularly worrying in Brazil. When a forum delegate suggested disasters and sporting events were the big drivers for his firm, Anderson suggested he should combine the two and move to Brazil. Anderson said that the Brazilian authorities were a year behind schedule on Olympic venues, and were nowhere near resolving who would pay for construction.There are some potential solutions to the issue of who who takes on risk. A new fund created by Hadrian’s Wall Capital will provide a guarantee of around 10% of a project’s value. This means that if there is a default on a bond – ie investors can’t be paid from revenue generated from the project – then the creditors would be paid from the Hadrian’ Wall fund first.This immediately downgrades the risk of the project, boosts the project rating and makes the project viable for investors.There is a similar initiative in Europe, where the EU is looking to create a project finance bond. Credit rating agencies have already given their nod of approval, but it’s called the Europe 2020 Project Bond initiative so it won’t be around for a while yet.The great hope among bankers and deal brokers is that the Green Investment Bank will introduce a similar financial product to leverage investment in UK infrastructure. Government is talking to the Treasury about this right now.Though Bonds aren’t always straightforward. Aviva, the insurer provding the debt fund for the Hadrian’s Wall project bond, is refusing to pay Hackney Empire £1.1m after contractor STC went into administration. Clearly there will be a lot more Treasury fine combing of small print before GIB bonds have a chance to kickstart the next boom in infrastructure.
The caseAmey Wye Valley Ltd vs The County of Herefordshire District Council. Before Mr Justice Fraser in the Technology and Construction Court (TCC). Judgement delivered 3 October 2016 The factsDuring September 2003 Herefordshire District Council entered into a 10-year service delivery agreement (SDA) with Herefordshire Jarvis Services Ltd, subsequently renamed Amey Wye Valley Ltd, for the provision of repair and maintenance works to the roads in Herefordshire. During July 2005 the parties signed a joint statement with the aim of resolving disputes over the application of the price adjustment mechanism in the SDA. Nevertheless, disputes continued and during 2013 Amey commenced adjudication. On 9 May 2013 the adjudicator decided that the joint statement was binding and made a number of declarations as to how it was to be interpreted. He also noted that he had not been given jurisdiction to determine any financial entitlements. The parties were unable to agree how the adjudicator’s decison should be applied so in January 2015 Amey commenced a second adjudication seeking a determination of the sums due under the price adjustment mechanism. In a decision dated 26 February 2015 the adjudicator set out his calculations and ordered Amey to refund to Hereford an over-payment of £9.5m. The adjudicator’s calculations included an arithmetical error in favour of Hereford that was worth some £2.45m according to Amey and £1.99m according to Hereford.During 2016 Amey issued a Part 8 application contending that the adjudicator had acted without jurisdiction because the second adjudication decision was inconsistent with the first insofar as the adjudicator’s calculations were contrary to the SDA, the joint statement and the first adjudicator’s declarations as to how these documents ought to be interpreted. Alternatively, Amey asked that the second adjudicator’s decision be severed to dispose of the arithmetical error.Amey’s Part 8 application and Hereford’s enforcement proceedings were heard together. The issueShould enforcement of the second adjudicator’s decision be refused on the grounds advanced by Amey or, if enforceable, should it be severed to exclude the effect of the arithmetical error? The decisionThe judge considered that Amey’s main argument amounted to a misconceived submission that for his decision to be enforceable, the second adjudicator would, uniquely, not be permitted to make any errors of fact or law, including calculation errors. The judge cited the well-established rule that an adjudicator’s decision within jurisdiction will be enforced regardless of errors of fact of law. Thus the manner in which the second adjudicator had carried out his calculations was not immediately determinative of whether or not he had jurisdiction to do so. The judge found that the second adjudicator had not attempted to decide again the issues of interpretation set out in the first adjudicator’s decision but had applied the first adjudicator’s declarations to determine the financial consequences. Therefore the second adjudicator had decided something that had not been previously decided and his jurisdiction to do so was not undermined if in so doing he made mistakes in his calculations or in his application of the first adjudicator’s declarations. On Amey’s alternative case, the judge considered that where the second adjudicator’s decision determined a single dispute it was not in the categories of decision for which severance was available, as per Cantillon Ltd vs Urvasco Ltd. The judge also noted that, in claiming severance, Amey was seeking to correct an error in an otherwise enforceable decision and it was trite law, going back to Bouygues (UK) Ltd v Dahl-Jensen (UK) Ltd, that the court should not contemplate adjustment of the arithmetic to correct the outcome. CommentaryThis judgement reminds us of some of the basic rules that should in reality discourage inventive approaches to opposing enforcement: The test remains whether what the adjudicator decided was within his/her jurisdiction to decide.It is not the function of the court to embark upon a detailed analysis of how an adjudicator has made calculations or findings of fact leading to his/her ultimate decision. Any such analysis will not go to jurisdiction per se. Thus, as the judge remarked, the extensive calculations submitted by Hereford and Amey were unhelpful.Upon enforcement, summary judgment will still be granted to the “winner” who is the winner only by virtue of the adjudicator’s incorrect calculation.The judge referred sympathetically to the arithmetical error in the second decision and observed that adjudicators are not expected to be perfect, particularly when confronted with extraordinarily detailed calculations that, in this case, included mistakes by both parties. Finally, the judge avoided offering any definitive views upon the principles that should apply when it comes to interpreting adjudicators’ decisions but he warned against scrutinising errors of fact by reference to the perceived intention of the adjudicator. Ted Lowery is a partner in Fenwick Elliott’s London office
The contracts’ value including the two optional contracts amounts to SAR1,543 million (USD411.4 million) and comes as the line seeks to expand in the general cargo sector covering ro-ro and project cargoes to maximize shareholders’ returns and support the national economy of Saudi Arabia.The delivery of the ships is expected to start towards the end of 2012 until the end of 2013. If NSCSA exercised the option for the two additional ships; delivery would take place in 2013 for the first, and during the 1st quarter of 2014 for the second.The ships specialise in carrying general and project’ cargoes, as well as various ro-ro cargoes and are equipped with heavy lift cranes.The first four ships will replace NSCSA’s current aging fleet in this sector which are planned to leave service between 2012-2013.The new ships will be deployed in a liner service between the US East Coast to the Middle East (Red Sea-Arabian Gulf) and to the Indian Subcontinent via Europe.
Be aware of the little ways you move forward, complete or overcome things each day. Like getting to the bottom of a sink of dishes, tidying your space, getting to and from work, or getting to the end of a stack of emails and messages. Knowing a little more when you go to bed than you did when you woke up. Earning a day’s wages, making a new friend, being appreciated, a grateful smile or shared moment (not only on social media but especially in real life), an acknowledgement or a nod of respect from another. Noticing your breath, that you are alive and well, knowing this is a precious gift in itself. Then consider a longer time-frame: How have you moved forward over the past 12 to 18 months? What have you grown, built, learned? What problematic things have you dropped or overcome or even simply become more aware of and therefore can address? In which ways have you positively impacted or affected someone’s life or them on yours? What’s changed or been added in your life that was not there before? Including something that can be perceived as negligibly small and insignificant, which we tend to brush off as such, often saying to ourselves, “ag, that’s nothing special, anyone could have done that”.Notice and take in some of the many ways that your material circumstances are better than they were a year ago (no matter if they have worsened in other ways). Notice anything different or new, any shrubs that have grown, fences mended, new clothes acquired, more earning power, improved net worth or not being indebted. Notice your child that has gone into a higher grade or learnt a new skill or did something helpful to others. Notice that there is fresh water coming out of your tap and that there is currently no threat of drought. See how things have improved in your relationships. With whom do you feel friendlier or closer or more trusting today than a year ago? And what’s gotten better in a different sense: stepping back from people who have not treated you kindly or have taken advantage of you before? Recognise the sincere intentions, good efforts, and growing abilities in the children you raise or teach, and in the people with whom you live and work. Even their oddities, idiosyncrasies and differences, these too can be endearing. Consider our nurturing and motherly planet that never stops providing us with sustenance, support and healthy nutrition. Given your values, what’s gotten better over the past 20, 50, 100 or even 10 000 years? Sure, we face unprecedented challenges. But all the major problems our ancestors had to solve were by definition unprecedented when they first appeared. Would you rather deal with our local and global issues today… or – looking farther and farther back in time – with Dickensian levels of poverty and misery throughout the 19th century; with millennia of feudal lords, widespread slavery or the oppressive Apartheid system in South Africa not so long ago; commonplace abuse of women and children that was perceived as completely normal; or with pervasive hunger and pain and violence in hunter-gatherer bands in which, as Thomas Hobbes put it, life was usually “nasty, brutish, and short”? The widespread meme – “in these dark times” – however it gets expressed, is ignorant, defeatist, and often used to further an agenda. Every epoch in human history has been dark in some regards – and bright in many others. In a hundred ways, daily life is better for the average person worldwide than it’s ever been. Recognising progress does not mean overlooking suffering and sorrow, misery and injustice. In fact, understanding the ways in which some things are getting better helps bring encouragement and insight to the big pile of things that remain to be done, undertaken by all of us, in every small imaginable way, each positive attitude and helping hand does make a difference. Yes, we’ve got our work cut out for us. But to keep going, we need to feel we’re making headway. Carin-Lee Masters is a clinical psychologist. Write to her at email@example.com or send a WhatsApp message or SMS to 082 264 7774.
Far too many Zambians are suffering from HIV/Aids and not enough are aware or on treatment. PHOTO: NAMPA/REUTERSThe Zambian government on Monday backed down on its earlier decision to introduce mandatory HIV testing, saying testing will not be forced on citizens, Xinhua reports.Last week’s announcement on the mandatory HIV tasting caused uproar, with some stakeholders saying the move was against human rights as testing should be consented to by an individual.According to the earlier announcement, the country’s President Lungu declared that the government introduced mandatory HIV testing and that anyone who visits a health facility for any ailment will be tested for HIV as well.President Lungu made the announcement at the inaugural HIV Testing Counselling and Treatment Day commemoration under the theme “Test and Treat: Towards Ending AIDS” held at the Olympic Youth Development Centre (OYDC) in Lusaka – according to local media.In his announcement, the President emphasised the importance of protecting the lives of those affected and those who they can affect, saying that it “overrides the human rights argument about voluntary testing.”“I must admit that there were some colleagues who felt that this policy would infringe on human rights, but then no one has the right take away somebody’s life,” the President stated.But Minister of Health Chitalu Chilufya said in all HIV testing, the health practitioners will be seeking the consent of the patients and that patients will have the option of opting out if they do not want to be tested for HIV, this according to the report.“Before any blood is drawn from your body, consent will be obtained and the tests or any kind of diagnosis explained to the patient. It is not like there will be police officers who will be arresting those people that will opt out but it is important to encourage everyone to know their HIV status,” he said when he appeared on a live interview on state broadcaster, the Zambia National Broadcasting Corporation on Sunday evening.He said the health practitioners have been trained to ensure that they adhered to the global standards and medical ethics on HIV testing.Around 1.2 million people in Zambia are living with HIV. 67% of the people are aware of their status while 85% are on treatment. This is according to Avert.Children have been severely affected by the HIV epidemic in Zambia, where 85,000 children are estimated to be living with HIV, alongside 380,000 children orphaned by AIDS
NewsRegional St Lucians to pay more for bread by: – August 8, 2014 Tweet Share Share CASTRIES, St.Lucia, Friday August 8, 2014, CMC – The St Lucia Bakers Association has announced an increase in the price of bread as of Monday.On Tuesday the association said all packets of white rolls, hamburgers, hot dogs, butter bread, butter loaves and french bread will move from EC$2.00 (One EC dollar= US$0.37 cents) per packet to $2.50 per packet.It said all packets of whole-wheat rolls, loaves, and sandwich bread will move from $2.50 per packet to $2.75 per packet.“We have had to absorb the price increases of flour, sugar, water, electricity, value added tax (VAT) on salt, yeast, butter, margarine, shortening, packaging, as well as the increases in the wholesale price of gas and diesel,” the Association said in a statement.It added that the increase in the price of bread has become necessary in an effort to try to mitigate the effects of the almost 25% increase in some items and other indirect costs associated with the production of bread and the operations of businesses.Caribbean Media Corporation Sharing is caring! 37 Views no discussions Share