Oil price slide may force new Russian budget
Tumbling oil prices could force Russia to revise its 2016 budget, Prime Minister Dmitry Medvedev has warned.
He said that the country must be prepared for a "worst-case" economic scenario if the price continued to fall.
Oil was trading at less than $32 a barrel on Wednesday and has fallen by 70% in the past 15 months.
Taxes from oil and gas generates about half the Russian government's revenue.
The 2016 federal budget that was approved in October was based on an oil price of $50 a barrel in 2016 - a figure President Vladimir Putin has since described as "unrealistic".
Government departments have been ordered to cut spending by 10%, repeating a policy imposed in 2015, Reuters reported.
Pensions and pay for government workers will be protected from the cuts, which could save as much as 700bn roubles (£6.3bn; $9.1bn).
Finance minister Anton Siluanov said that the Russian budget could only be balanced at an oil price of $82 a barrel.
Economy Minister Alexei Ulyukayev warned that Russia faced a long period of low commodity prices with oil at $15 or $20 a barrel.
"The biggest risk is that there will be low prices for a long time - that is, for years, for decades," he said.
Mr Medvedev also said that high interests rates were holding back economic growth in Russia.
The Bank of Russia held rates at 11% last month, with governor Elvira Nabiullina warning of "high volatility" in global markets.
A year ago the central bank shocked markets by increasing rates from 10.5% to 17%.
Inflation stands at 15% in Russia, but the bank hopes it would fall to 4% by next year.
Source-BBC
PABA LEAGUE HEATS UP ON THE COURT
The PABA league returned with four games last weekend.
On Friday night, the Kings defeated the Sonics 72-69 while the Hustlers suffered yet another defeat after losing to the Predators 86-66.
In the second game, the Police arrested the Knights 72-61 and the Harbor Ballers maintained a perfect record improving to 7 wins 0 loss as they defeated their fellow south Caicos league players the Hustlers 69-63.
The high school league returned on Tuesday on the heels of a successful national tournament with the British West Indies Collegiate Spartans suffering a loss to the much improved Maranatha Blizzards in a nail biter 46-43.
In game two the Edward Gartland Youth center outplayed the Wesley Methodist Sting Rays in an exciting 30-29 game.
The Paba games will continue on Wed evening January 13th,2016, when the Stallions will try gallop over the Spartans and the Predators prey on the Steelers.
Games will begin at 7 pm and RTC Sports will have more on these and other games at a later date.
Fifa sacks secretary general
World football's governing body Fifa has dismissed secretary general Jerome Valcke.
The Frenchman, 55, was provisionally suspended from football for his alleged involvement in a scheme to profit from the sale of World Cup tickets.
He was released from his duties on 17 September after being accused of a series of Fifa ethics code breaches.
Appointed in 2007, the former right-hand man of Fifa president Sepp Blatter has denied any wrongdoing.
"The duties of the secretary general will continue to be assumed by the acting secretary general, Dr Markus Kattner," read a Fifa statement.
Fifa's ethics committee said on 7 January that it had decided to open "formal adjudicatory proceedings" against Valcke after studying a report submitted by its investigatory chamber.
Valcke has also been accused of being party to a potential £6.8m ($10m) bribe paid to Jack Warner, the former head of the North and Central America football governing body Concacaf, in return for his vote and backing to South Africa's successful bid to host the 2010 World Cup.
Fifa's ethics committee has already recommended that Valcke should be banned from all footballing activities for nine years.
Blatter and vice-president Michel Platini were both suspended for eight years in December following a Fifa ethics investigation.
Valcke has now been sacked twice by Fifa.
He joined the organisation in 2003 as director of marketing and TV, but was dismissed in 2006 over a scandal involving its long-time sponsorship partner Mastercard.
He was found to have negotiated with Mastercard's rival Visa in violation of the former company's right of first negotiation, which cost Fifa $90m (£61.3m) in a settlement.
Source-BBC
Obama tasks Biden with 'moonshot' bid to cure cancer
The United States will launch a "moonshot" effort to cure cancer, President Barack Obama declared Tuesday, assigning his deputy Joe Biden to lead the effort.
Comparing the scale of the challenge to the successful US mission to put an astronaut on the moon, Obama said the drive would receive the same effort as clean energy research.
"For the loved ones we've all lost, for the family we can still save, let's make America the country that cures cancer once and for all," Obama said in his final State of the Union address.
Last year, Vice President Biden's son Beau -- a politician and former military officer aged only 46 -- died after suffering a stroke caused by brain cancer.
The tragedy touched many Americans, and Biden -- after shutting down speculation that he would make a run for the White House -- has since emerged as a champion of cancer research.
"It's personal for me," Biden said in a statement issued as Obama was using his address to name him the leader of the national fight.
"But it's also personal for nearly every American, and millions of people around the world. We all know someone who has had cancer, or is fighting to beat it. They're our family, friends, and co-workers."
Biden vowed to find ways to boost public and private funding for cancer research and treatment and to reorganise the effort, declaring: "This is our moonshot."
"Over the next year, I will lead a dedicated, combined effort by governments, private industry, researchers, physicians, patients, and philanthropies to target investment, coordinate across silos, and increase access to information for everyone in the cancer community," he said.
"Here's what that means: The federal government will do everything it possibly can -- through funding, targeted incentives, and increased private-sector coordination?to support research and enable progress.
"We'll encourage leading cancer centers to reach unprecedented levels of cooperation, so we can learn more about this terrible disease and how to stop it in its tracks."
Biden described cancer as a growing threat to wider populations and already the leading cause of death worldwide.
He said that more American patients would be allowed into clinical trials of new potential remedies, and more community doctors will be involved in cutting-edge research.
Work on the project was to begin immediately.
On Friday, Biden will visit the Abramson Cancer Center at the University of Pennsylvania's Perelman School of Medicine to talk to American experts.
The following week, he will head to the World Economic Forum in Davos, Switzerland -- an annual get-together for billionaire investors and world-class scientists seeking funding.
"That is the history of the journey of this country. If there’s one word that defines who we are as Americans, it's 'possibility'," Biden said. "And these are the moments when we show up."
Source-AFP
Dom Rep women cautioned to avoid pregnancy due to ZIKV threat
Women in the Dominican Republic have been urged to avert pregnancy due to the threat of the Zika Virus.
Altagracia GuzmanPublic Health Minister Altagracia Guzman issued the warning due to the possibility that women infected with the virus could give birth to children with neurological and microcephaly deformations.
She said part of the first three months of pregnancy is vital to the formation of the foetus and the disease in that period poses a high risk.
Guzman said she agrees with a Brazilian doctor who recommends that women avoid pregnancy as long as the virus is present.
Hundreds of cases of children born with microcephaly (small head), have been reported in Brazil, where their mothers contracted Zika during pregnancy.
“Every woman of childbearing age and (those who are) sexually active must use mosquito nets because they have the possibility of having a pregnancy if it’s not planned”, Guzman said.
Health authorities here have been on alert for the possible arrival of the Zika virus, and have introduced prevention, control and vigilance measures.
“We are actively watching out to detect cases as early as possible and the measures that we are emphasizing are about vector (mosquito) control, eliminating breeding areas, to reduce contagion levels,” said Raquel Pimentel, general director of the Ministry of Health’s Epidemiology Division.
She said that the National Epidemiological Vigilance System (SNE) is working at full capacity given that the Dominican Republic has close contact and receives travellers from some of the countries where cases have already been reported.
Pimentel added that the Zika virus is present in the Americas region and clarified that the risk of it moving from one place to another was not determined by the distance between countries but by migration and an increase in the number of cases, “so as long as they are increasing in other countries, this enhances the risk of it affecting the country”.
TCIG ANNOUNCES THE ADDITION OF WILBUR CALEY AS DEPUTY DIRECTOR OF ROAD TRAFFIC
The Turks and Caicos Government is pleased to announce the appointment of Mr. Wilbur Caley as the new Deputy Director of the Road Safety Department within the Ministry of Home Affairs, Transportation and Communication.
Mr. Caley is a former TCIG employee having dedicated over 10 years of service from 1983-1994 to the Customs Department, rising up the ranks from a Trainee Customs Officer to the post of Sub Collector of Customs at the time of his departure in 1994. Mr. Caley then ventured into the insurance industry for the last twenty years, where he last held the position of Managing Director of British Atlantic Financial Services up to December 2014.
As the Deputy Director of the Road Safety Department Mr. Caley will along with the Director of Road Safety, share the responsibility for the administration of the Road Safety Department and the enforcement of the Road Safety Ordinance throughout the TCI. He will be directly responsible for the daily oversight of the Providenciales office and will oversee and advise on policy and strategy to ensure the effective delivery of the enforcement of the Road Safety Code.
Mr. Caley stated; "I am thankful for the opportunity to be a part of the TCI Civil service and to work in the Road Safety Department. My aim is to insure that the TCI motoring public and in particular the motoring public in Providenciales and North Caicos is given the service they deserve in an environment of fairness and transparency.
"There are a number of traffic related issues that we will seek to address over the short, medium and long term. No effort will be spared in our quest to build safe driving conditions and streets that will make the public proud."
The Turks and Caicos Islands Government is pleased to welcome Mr. Caley back to the TCI civil service and wishes him all the best in his new role.
73rd Annual Golden Globe Winners
Here are the winners at the 73rd Annual Golden Globe Awards, held Sunday night at the Beverly Hilton hotel in Beverly Hills, in the order they were announced:
Best Performance by an Actress in a Supporting Role in a Motion Picture
Kate Winslet, Steve Jobs
Best Performance by a Supporting Actress in a Series, Limited Series, or Motion Picture Made for Television
Maura Tierney, The Affair
Best Performance by an Actress in a Television Series, Musical, or Comedy
Rachel Bloom, Crazy Ex-Girlfriend
Best Television Series, Comedy
Mozart in the Jungle, Amazon Video
Best Limited Series or Motion Picture Made for Television
Wolf Hall, PBS
Best Performance by an Actor in a Leading Role in a Series, Limited Series, or Motion Picture Made for Television
Oscar Isaac, Show Me a Hero
Best Performance by an Actor in a Supporting Role in a Series, Limited Series, or Motion Picture Made for Television
Christian Slater, Mr. Robot
Best Original Score, Motion Picture
Ennio Morricone, The Hateful Eight
Best Performance by an Actor in a Television Series, Drama
Jon Hamm, Mad Men
Best Performance by an Actor in a Motion Picture, Musical or Comedy
Matt Damon, The Martian
Best Motion Picture, Animated
Inside Out
Best Performance by an Actor in a Supporting Role in a Motion Picture
Sylvester Stallone, Creed
Best Screenplay, Motion Picture
Aaron Sorkin, Steve Jobs
Best Performance by an Actor in a Television Series, Musical or Comedy
Gael García Bernal, Mozart in the Jungle
Best Motion Picture, Foreign Language
Son of Saul
Best Performance by an Actress in a Limited Series or Motion Picture Made for Television
Lady Gaga, American Horror Story: Hotel
Best Original Song, Motion Picture
“Writing’s on the Wall,” Spectre
Best Television Series, Drama
Mr. Robot, USA
Best Director, Motion Picture
Alejandro González Iñárritu, The Revenant
Best Performance by an Actress in a Leading Role in a Series, Limited Series, or Motion Picture Made for Television
Taraji P. Henson, Empire
Best Performance by an Actress in a Motion Picture, Musical or Comedy
Jennifer Lawrence, Joy
Best Motion Picture, Musical or Comedy
The Martian
Best Performance by an Actress in a Motion Picture, Drama
Brie Larson, Room
Best Performance by an Actor in a Motion Picture, Drama
Leonardo DiCaprio, The Revenant
Best Motion Picture, Drama
The Revenant
The Weeknd, Taylor Swift, Madonna & More Vying for People’s Choice Awards Tonight
The people have spoken, and tonight their favorites will be revealed when the 2016 People’s Choice Awards airs live from the Microsoft Theater in Los Angeles.
The Weeknd leads the list of music nominees this year, with an impressive five nods including Favorite Male Artist, Favorite Breakout Artist, Favorite Album, Favorite Song and Favorite R&B artist. In the Favorite Male Artist category, he’s up against Ed Sheeran, Justin Bieber and Nick Jonas.
Taylor Swift, Madonna, Demi Lovato, Selena Gomez and Lana Del Ray are all vying for the Favorite Female Artist prize. Taylor also nabbed a nomination for Favorite Song, for “Bad Blood” featuring Kendrick Lamar, while Madonna is up for the Favorite Music Icon award.
The Favorite Group category includes Fall Out Boy, Fifth Harmony, Imagine Dragons, Maroon 5 and One Direction.
The ceremony will also feature performances by Jason Derulo and Shawn Mendes, who’s up for Favorite Breakout Artist. The People’s Choice Awards airs at 9 p.m. ET on CBS. Jane Lynch is hosting.
Here are the nominees in select music categories:
Favorite Male Artist
Ed Sheeran
Justin Bieber
Luke Bryan
Nick Jonas
The Weeknd
Favorite Female Artist
Demi Lovato
Lana Del Rey
Madonna
Selena Gomez
Taylor Swift
Favorite Group
Fall Out Boy
Fifth Harmony
Imagine Dragons
Maroon 5
One Direction
Favorite Breakout Artist
Fetty Wap
Halsey
Shawn Mendes
Tori Kelly
The Weeknd
Favorite Hip-Hop Artist
Big Sean
Drake
Kendrick Lamar
Nicki Minaj
Wiz Khalifa
Favorite R&B Artist
Chris Brown
Ciara
Janet Jackson
Ne-Yo
The Weeknd
Favorite Album
American Beauty / American Psycho by Fall Out Boy
Beauty Behind the Madness by The Weeknd
If You’re Reading This It’s Too Late by Drake
Smoke + Mirrors by Imagine Dragons
Title by Meghan Trainor
Favorite Song
“Bad Blood” by Taylor Swift feat. Kendrick Lamar
“Can’t Feel My Face” by The Weeknd
“Love Me Like You Do” by Ellie Goulding
“See You Again” by Wiz Khalifa feat. Charlie Puth
“What Do You Mean?” by Justin Bieber
Favorite Music Icon
Madonna
Paul McCartney
Prince
Steven Tyler
Stevie Wonder
Source-ABC
Jason Derulo Teases People's Choice Awards Performance; Talks Abs & New Romance
Jason Derulo’s 2016 is off to a good start. He has a new woman in his life, a new single on the way and a performance lined up for tonight’s People’s Choice Awards. In an interview with E! News ahead of the big show, Jason teases what to expect.
"I'm doing a mashup with ‘Get Ugly' and ‘Want to Want Me,'" he says. "From a performance perspective, you can expect a lot of energy, tons of dancing. I'm really going to push the envelope dance wise. It's definitely a lost art."
All that dancing definitely helps Jason stay in peak physical condition. While most people make New Year’s fitness resolutions, Jason entered 2016 with his abs already intact. And with a new single called “Naked,” we can only expect to see more of that chiseled bod.
"It's all about taking in calories for fuel and not pleasure. I like to enjoy myself but I think of food more as fuel than a party," he says of his fitness routine. “…It's all about a balance lifestyle but I do eat a high protein, very low-carb. Very rarely will I have a piece of bread. I also work out three times a day sometimes."
But he still finds time for romance. He’s currently dating model -- and rapper 50 Cent’s ex -- Daphne Joy. The two rang in the new year together in Miami.
"I'm just enjoying life," Jason says when asked about the relationship. "I don't want to talk too much about it, but I'm definitely enjoying life right now."
The People’s Choice Awards airs at 9 p.m. ET on CBS.
Source-ABC
DDME to observe its annual Earthquake and Tsunami Awareness Week
The Department of Disaster Management and Emergencies (DDME) has announced that it will be observing its annual Earthquake and Tsunami Awareness Week from 11th – 16th January, 2016 under the Theme: “Do you know what to do?”
The week will kick-off with a media interview with the Director of DDME, Dr. Virginia Clerveaux, on Monday 11th January, 2016, discussing Earthquake and Tsunami preparedness in the Turks and Caicos Islands.
Additional activities that will be conducted by the DDME in collaboration with its partners/stakeholders include:
1. Earthquake and Tsunami PSA’s from January to March, 2016
2. Distribution of Earthquake and Tsunami pamphlets, posters and brochures in communities
3. Social Media Postings (Facts about Earthquakes and Tsunamis) - 11th – 16th January, 2016
4. Publication of article on Earthquakes and Tsunamis in newspaper/newsletter
5. Critical Incident Management Plan Consultations and Hazard Assessment for Schools
• Clement Howell High – January, 2016
• Long Bay High – January 2016
• Shining Stars – January, 2016
6. Vulnerability Capacity Assessment (Part 2) for Kew, North Caicos (through the TCI Red Cross) – 16 January, 2016
As the DDME continues to enhance the preparedness and readiness levels of the Turks and Caicos Islands through its Comprehensive Disaster Management strategy¬ which focuses on all phases of the disaster management cycle (mitigation, preparedness, response and recovery) and for all hazards (natural and man-made) that the TCI is vulnerable to, it is important to note that a critical and essential component of the Country’s preparedness efforts are focused on infrequent but high impact event such as earthquakes and tsunamis.
Dr. Virginia Clerveaux explained that the Turks and Caicos Islands lie on the North American plate, approximately 150 kilometres to the north of the Puerto Rico Trench; an active plate boundary that marks the boundary between the North American and Caribbean Plates. As a result, this region has experienced major earthquakes and related tsunamis. The most recent earthquake event , the Haiti Earthquake in 2010 was felt in Cockburn Town (Grand Turk) and Cockburn Harbour (South Caicos), resulting in the TCI being placed on a tsunami watch. Based on 2013 seismic analysis undertaken as part of the of the TCI Building Code under the Hurricane Ike Recovery and Rehabilitation Project, the USGS’ Global Seismic Hazard Assessment Programme (GSHAP) stated that there is a low to moderate level of susceptibility in the Turks and Caicos Islands to seismic activity. However it is important to note that devastating tsunamis can result from far-field seismic activities owing to the capacity of tsunami waves to travel over long distances.
According to Dr. Virginia Clerveaux, Director of DDME ‘there is a great need for the people and Government of the TCI to pay special attention specifically to the hazards that we are vulnerable to that comes with very little warning such as earthquakes and tsunamis. It is important that more attention is paid to implementing preparedness and mitigation measures for these quick onset hazards that though their occurrence might be infrequent but the level of devastation that they tend to leave in their path is substantial and oftentimes deadly. It is time that through public-private partnership that serious consideration is given to establishing an early warning system in the TCI that will allow DDME and or 911 to be able to warn all residents and tourists to seek safety inland or on higher ground’ regardless of primary language, length of stay in the TCI or status’.
In 2011, Japan experienced a 9.0 magnitude earthquake – the fifth largest ever recorded. This earthquake which is considered 700 times worse than the 2010 earthquake in Haiti, struck off the coast of Sendai, Japan. Within less than an hour’s time, a wall of water measuring approximately 30 feet high, washed over large sections of the Japanese coastline. Consequently, this massive earthquake and its associated aftershocks, coupled with the resultant tsunamis, have been responsible for the loss of thousands of lives and billions of dollars in damages. However, we must remain cognizant of the fact that the situation could have been a lot graver.
Experts speculate that the effective early warning systems in place in Japan may have been responsible for successfully saving the lives of millions. Timely and accurate Tsunami warnings issued by the Pacific Tsunami Warning Centre, highlighted the threat in the Pacific Ocean from Japan to the US West coast and prompted activation of a suite of established evacuation and mitigation procedures in several countries that ensured that the scale of loss was not as severe as it had the potential to be.
Likewise in the TCI we need to ensure that we have measures in place to protect lives and property. This is especially important given the fact that our shorelines are filled with businesses, residential communities and schools and the main cruise port in Grand Turk on average has two cruise ships per day, it is therefore important that residents and tourist related entities are aware of the signs of a possible tsunami occurrence, know how to protect themselves and others around them, know the high grounds and the evacuation routes. This is part of the aim of hosting an annual earthquake and tsunami awareness public education campaign.
The DDME is encouraging residents to visit our Facebook Page https://www.facebook.com/TCI.DDME and Website www.gov.tc/ddme to garner tips on earthquakes and tsunamis and ways in which you may protect yourself and your family.
