Leader of the Opposition calls on residents for help in finding missing 14 year old old
The Leader of the Opposition is calling on the residents of Providenciales to assist the local Authorities in identifying the whereabouts of 14 year old Merlene Jean Louis missing since September 27th, 2013.
I am alarmed that one of our children has been missing for the past 12 days and only last night was a call made for Public Assistance. I am making inquiries as to what transpired but in the main time, it is our civic and Christian duty to help to bring this child home.
I am calling on the public to carry out two vital roles right now and that is to pray for the parents and family and to also pray that she would be found unharmed and quickly. Secondly, I am begging you to please if you know anything, please do not hesitate to contact the Authorities. This is one of children. Let us help to bring her home.
I am also asking the Police and the family to assist the Public by releasing a photo if possible. This can be very useful.
I will be visiting with the family later today.
Police seeks assistance in locating missing teen
The Royal Turks & Caicos Islands Police Force are asking for the public's help to find a 14 year old child reported missing on September 27th 2013.
Officers of the Royal Turks & Caicos Islands Police Force are investigating the disappearance of Merlene Jean Louis who resides in The Bight area of Providenciales.
Merlene Jean Louis was last seen on Friday, September 27th 2013 at approximately 6AM at her home in Kingston Lower Bight area of Providenciales.
She is described as a female with a dark complexion standing at about five feet two inches tall and of a medium build weighing about 145 pounds.
Merlene was wearing a brown shirt with a design on it, a black skirt, and her hair was braided from front to back.
Anyone with information is asked to call the Royal Turks & Caicos Islands Police at 941-4448 extension 81843 or 81837, or use the untraceable, anonymous Crime Stoppers Miami number at 1-800-(TIPS) or 1-800-8477. No names or numbers are requested and only the information provided is passed on to the Royal Turks & Caicos Islands Police.
Crime & Incident Report up to Wednesday 9th October 2013
The Royal Turks and Caicos Islands Police Force are investigating a number of incidents reported between Saturday 05th and Wednesday 09th October 2013 within the districts of Providenciales, including:
• (1) Attempted Robbery – Preliminary investigations revealed that two masked men entered a business place in the Blue Hills area around 8PM on October 10, 2013 brandishing a firearm. The two masked men did not steal anything and fled on foot but not before discharging a single round of ammunition. Investigtions are pending.
• (8) Burglary - Preliminary investigations revealed that a Black Toshiba 22inch TV, a brown leather handbag along with its contents to include a sum of cash, Dominican Republic Passport, identification card, Blackberry Z10, a Blackberry curve cellular phone, one Immigration belt, Play Station 3 game console, five PS3 video games, one 32 inch television brand unknown, Blackberry Torch, one LG Phone, a sum of cash, white Isuzu truck, two portable generators, one water pump, one welding machine, two computers, two Dell Laptops, one passport, three printers, one water machine, a Bishop’s ring, an Apostle ring, a black iPad with a black cover, a Citizen watch, flat screen television, a small sonny radio, a quantity of clothing, 2 black 40inch Sankey flat screen televisions, 1 black 17inch HP laptop, 1 white 10inch Samsung galaxy tablet in a black leather case, 1 red 15inch Gateway laptop computer and 1 black boost mobile ZTE wrap cell phone were stolen.
• (3) Theft - Preliminary investigations revealed that a diamond wedding band, a Cell phone, Brown Guess hand Bag, containing a sum of cash, two Credit Cards and a driver’s License.
• (2) Attempted Burglary – Preliminary investigations revealed that nothing was stolen but a window was broken in one of these incidents.
• (2) Malicious Damage to Property: Prelimanary investigations revealed that the driver side window of a vehicle was broken and a Black Dell laptop was stolen from the back seat of the said vehicle. In the other incident, a glass window was broken.
• (1) Motor Vehicle Interference: Prelimanary investigations revealed that a vehicle was ransacked and the right door glass of the said vehicle was broken. During the commission of this crime, one (1) Black 12” speaker, one (1) Senk Radio and one (1) white 300 watt Amplifier were stolen.
• (1) Armed with Offensive Weapon: Three (3) students were found in possession of knifes on school property. Social Services and the Police are carrying out further investigations into this matter.
• (1) Taking Motor Vehicle without Authority: A white Toyota Corolla TCI registration number 26666 was stolen.
The Royal Turks and Caicos Islands Police Force are investigating an incident reported between Saturday 05th and Wednesday 09th October 2013 within the districts of North Caicos, including:
• (1) Burglary - Preliminary investigations revealed that an X Box, Eight video game CD’s, one red head phone and a quantity of music CD’s were stolen.
If you have any information about any criminal activity, please call 911 or Crime Stoppers anonymously on 1-800-8477. Tips can also be submitted anonymously in English, French or Spanish on either www.crimestoppers.tc or on Facebook as a fan of Crime Stoppers Turks & Caicos. Crime Stoppers tips are received in the USA.
PREMIER’S ADDRESS AT THE SWEARING IN OF H. E. PETER BECKINGHAM AS GOVERNOR
Your Excellency on behalf of the people of the Turks and Caicos Islands it is my distinct privilege to welcome you and your family to this Honourable house and to the Turks and Caicos Islands.
These islands of ours were once home to the original inhabitants, the Taino Indians who considered the islands sacred. The Taino lived in tranquility and survived on the available natural resources. Then came the discovery and the exchange of ownership of these islands, between the Spanish, French and the British during the last 600 years. The colonial settlers came, enjoyed what these islands had to offer and left after resources were depleted and after survival and everyday life became too arduous. The slaves who were left to fend for themselves made this land their home. These slaves were our forefathers who toiled and labored, and did so to ensure that the people of these islands and their future generations would not have to make the sacrifices that they endured and would not have to suffer the indignity of bondage and servitude as they did, as it was their hope that their children would reap the fruits of their labour. It was indeed their dream that their offspring would be granted their birthright as these islands developed into a free, proud and prosperous nation where its people would have the right to self-governance and self-determination. Our history will show that although our forefathers may have differed in political ideology or may come from different islands across our archipelago, they were given this same vision for our people.
Today as we progress towards the realization of this vision, those who have given themselves charge over us as colonial overseers, have the responsibility and duty to ensure that each and every decision; from those made in White Hall, to those made in UK parliament! to those made in 10 Downing Street, to those made at FCO, to those made in Waterloo, to those made in the Cabinet and in this very House of Assembly; is always made in the best interest of the people of these islands. Lack of oversight, intentional hindrance from achieving our vision and or regression under colonial rule is not what we the people expect and is not what we the people will tolerate in a 21st century democracy.
The Turks and Caicos Islands has under gone significant transformation over centuries, with the development of both physical infrastructure and human capital. These achievements include the modernization and advancement of our education, healthcare and social protection systems, roadway and communication infrastructure and the development of a first class tourism industry, the mainstay of our economy. The attainment of political governance through locally elected officials and the progress towards economic independence while coming off the UK Grant and Aid were significant achievements in our history, so too was the advancement of our constitution to that which was crafted in 2006. These achievements were the result of hard work and dedication of a people determined to control their own destiny and I say to you today, that the spirit and passions that spurred our forefathers onward then are still burning brightly in each and every proud Turks and Caicos Islander today.
The vision of this Government and that of the Progressive National Party is that of a prosperous God fearing independent nation, where there is sustainable economic growth and development of an empowered people who enjoy prosperity throughout their life cycle being able to retire in the comfort of their wealth in good health. The many goals that must be accomplished in order for us to achieve this vision have been laid out in our manifesto and this Government has begun incorporating them within the various planning and budgeting frameworks in each Ministry.
As Government of the people of these Turks and Caicos Islands, our role is to ensure the preservation of the unique culture, heritage and ideals of our beautiful by nature islands. While we warmly welcome those who come to live amongst us and we graciously accept the contributions they make, we remain committed to the provision of jobs for our working class and the provision of opportunities for our people to allow for the expansion and empowerment of our middle class. The guarantee must be given that our people must not be left behind as we grow this economy and this nation. As a Government we acknowledge and accept our responsibilities and our role to make this vision for our people reality. To those who have authority over us, the expectations will continue to be that the best interest of the Turks and Caicos Islands and its people should be second to no other.
Our Government is committed to the practice and furtherance of good governance in the spirit of fairness and equality, ensuring that the will of God and the will of the people are our guiding principles in each and every instance. Your Excellency we know that these guiding principles fall within your remit under the Constitution and we do look forward to your support in these areas particularly that of constitutional advancement in the interest of the people of these islands.
Your Excellency, as I once again extend to you a warm welcome to the Turks and Caicos islands as Governor, I hasten to say that there is much work to do in serving the needs of the people of our country, but together we will endeavor to address the many challenges that are currently being experienced and those that lie in the way of progress. We look forward to a mutually respectful, collaborative and cooperative working relationship as we strive together towards the attainment of our vision in the best interest of the people of the Turks and Caicos Islands.
ADDRESS ON SWEARING IN OF NEW GOVERNOR, H.E. PETER BECKINGHAM by Leader of Opposition Sharlene Cartwright-Robinson
About TCI – Who we are
Let me admit at the outset that I took more time praying about what to say today than I took writing it. My extreme caution was based solely on the fact that today I address you for the first time in a great cloud of witnesses and I am hard pressed to balance the seriousness of our times with a hearty and sincere welcome against a true picture that can easily scare off the strongest and most willing heart. But I keep hope that the times choose leaders and so this time in our nation’s history has chosen you.
I caution you though that very quickly you will find that these are difficult times to serve as these islands continue to grapple following the political and economic fallout of the previous years. Your Excellency, you are coming as the Governor into a country that has gone through a Commission of Inquiry, a partial suspension of our Constitution and an Interim Administration that very rarely listened to the voice of the people, that mercilessly passed laws that either violated our culture, religion, transgress our wishes, placed us under severe financial strains based on austerity measures, and laws largely rooted in and engrained in mistrust. Your Excellency, it was an Administration that habitually closed out the Private Sector, the Clergy, the Public Servants, the Politicians and at times its own Advisory Bodies. The relationship between the TCI and the UK could not be more strained after this period and much work has to be done to rebuild this fragile relationship if either of us is to enjoy the best that this partnership has to offer. While we are no longer under the governance of an Interim Administration, the revised Constitution gives the Governor an increase in the control and affairs of administering the Turks and Caicos. It is in our best interests as a people that we all seek to work together under this document until we are able to make the changes we desire. To this end, I wish to say to you that the Opposition pledges to work together with you in the best interest of the people of these islands. However, your Excellency, be assured that we will not sit idly by and remain silent when there is need for us to speak out publicly should you ever exercise your powers to the detriment of these islands.
We believe, your Excellency that consultation is key where and when necessary and not just consultation for consultation sake but consultation that will produce good results. Each Governor comes with his own set of skills and gifts. Our hope is that you will use your gifts and skills for the benefit of all who reside in these islands.
You will also find out very quickly that among us are some of the most pleasant, intelligent, sincere and hardworking persons you will ever meet. There are many of us who completely understand the issues we face and who are able to give well thought out responses and solutions to complex situations whether of a local, regional or international nature. You will find in this Honourable House and in our country, many men and women who are only interested in achieving a better Turks and Caicos Islands and who are prepared to serve with integrity and sincerity.
Our Aspirations and the Challenges We Face
Your Excellency, you will be hard pressed to find a large number of similarities between us and your previous two Postings and you will find very quickly that this will be the most unique experience that you will ever have. I caution you to take the time to learn about us and our country. Whilst you have served in diverse cultures, this experience here will show some 50 plus nationalities resident on a mere 196 sq miles multi island nation. You will experience many times when there are competing interests for the advancement of one’s people, I wish to say from the outset that we require of you that you listen, hear and make paramount the wishes and aspirations of our people. We have aspirations as any other nation: we wish for a prosperous, strong, vibrant and diverse economy in which our people are allowed to participate fairly and as key stakeholders in key roles whether in the Public or Private Sector. To achieve this, we must be educated and readily equipped for employment in a country that is fiscally and environmentally responsible with low crime and a serious intolerance for corruption at any level and rank and among all its different peoples.
His Constitutional Role
Your Excellency, the tax regime begun by the Interim Government and continuing under the locally elected Government is causing people to hurt more than they have done in the past. Of course, we are not looking to anyone for handouts, but the opportunity to favorably compete in an environment MUST be foremost on your Agenda. We need to take seriously the number of persons working in this country and begin with haste to develop a placement and training program that meets the needs of this growing country and prepare our people to play their rightful role in its continued development.
There has to be a greater accountability of those persons in key positions in the Civil Service for which you are accountable. A vigorous Under Study Program MUST be in place and publically known. Too often we hear, by the way, that Programs are in place, when the public is unable to hold anyone accountable. We invite you to ensure that Training for Forward Planning and Succession is of paramount importance and that important Studies and Strategy Plans are unshelved and actioned.
Our Police Force is buckling under serious challenges and is perhaps at its lowest in staff morale in recent times. People’s confidence is being shaken and there remains a serious gap between the Institution and the People, its greatest partner. This requires your immediate attention.
Your Excellency, I have had the pleasure and displeasure in working with the last six Governors either as a Member of the Legislative Council, in the Leader of the Opposition’s Office, as a member of the Consultative Forum and now again as a member of the House of Assembly and I cherish the few times that I saw a Governor take his constitutional duty of protecting our borders seriously. We heard in the last sitting of the House of Assembly held on Monday of this week that for the first 6 months of this fiscal year, we have spent approximately $615, 000 in detention and repatriation fees. Most of these traveled to our country by boat from our neighbouring country, Haiti. We can no longer pay lip service to this issue and something must seriously be done to stem this tide which has increased over the months. Our Immigration situation requires urgent attention and whilst we recognize that a lot has to be dealt with by an elected Government and their policies once the persons are in land, a breach in our borders signifies a failure by those who hold that constitutional function and there must be a stronger political will and focus on ensuring that we all play our part to the best of our abilities. We encourage you to perform your Constitutional role to combat this problem and thereby assisting us in the reduction of the rising associated costs that we cannot afford.
I shift my thoughts from your constitutional responsibilities now and focus on other issues of equal importance. Your Excellency, I direct these issues to you because you are President in Cabinet with the power to veto. I believe it then, in our best interests, that you understand the pressing issues that we face as soon as possible.
Pressing and Urgent National Issues
Your Excellency, our pressing national issues will be quite visible to you in short order. We as a people are concerned with regards to our educational system and opportunities for the increasing number of graduates on leaving school - particularly those in the technical area - in the absence of a Trade and/or Hospitality Training School; we are concerned about the Community College and its elusive expansion and difficulty in obtaining adequate funding; we are concerned with the health care debacle that we have found ourselves in and the fact that the review of this onerous contract that is causing financial hemorrhaging and questionable care remains low on the agenda of the British as well as the local Government and appears urgent to neither in terms of addressing; we are concerned about our environment, our special needs children and adults, our juveniles and offenders and their ability to successfully reenter society; our high and ever increasing cost of living and low minimum wage and the list goes on. Why are we saying this to you when we have an elected Government? They must be helped when decisions are being made in the best interest of our people and your powers under this new Constitution makes you an important player in the development of our people.
There remains much to be done in our recovery from events of recent years and we expect that you will do your part to ensure the full restoration of our country’s reputation by participating in travel overseas to promote our country for inward investment and also by ensuring that internal national disputes remain low key and much out of the way of international airing such as the ongoing public Cabinet dispute between the Governor and the Attorney General where there is a war of words, costly House Adjournments and failure of critical Offices to attend and participate in the House of Assembly thereby stifling the work of the People. We trust with your help that this reaches a resolution as we can ill afford to show a picture of any measure of instability to would be investors.
The relationship between the local Government and HMG is vital and has proven beneficial to us in time past. At the end of the 20th century and at the beginning of the 21st Century, we were viewed as the envy of the region and named “Star of the Region” by the Caribbean Development Bank under a People’s Democratic Movement Government led by the 3rd All Island Elected Member (then Chief Minister and Minister of Finance). We astonished our neighbors with the kind of qualitative and sustainable progress we had made. That, Your Excellency, was as a result of good prudent governance resulting from the cooperative relationship we had shared with the United Kingdom Government and the Leaders of our Turks and Caicos Islands. It is crucial that we engage you and you engage us so that we can together move these islands.
Guardians of the Constitution
Your Excellency, you are the Chief Guardian of the Constitution and the Opposition expects that you will be alert and not allow any breach of the Constitution or the Statement of Good Governance Principles or any threat to Good Governance.
The Premier has told you about his Government’s challenges as they see them and their elected role and responsibility. They too have a constitutional place and are also guardians of the Constitution. And so is the Opposition. We are a strong Opposition Team in terms of experience and numbers with one seat dividing the Government from the Opposition. We have offered ourselves on occasions to join the Government in the best interests of this country – a joint opposition to VAT, membership on its Blue Ribbon Commission on Revenue and now recently a House Select Committee on the Constitution. We expect your support in the realization of a National Symposium which was contained in a resolution in a Private Member’s Bill moved by the Hon Member for Blue Hills and Opposition member and passed almost unanimously by this Honorable House. We must recognize the need for all hands on deck for major national issues.
Your Excellency, I’ve come to this place as the Leader of the Opposition amidst great loss, challenges, trials and much continues. Though oft times shaken in my strength, I am never shaken in my faith or resolve to work honestly for the good of my people and this holds true for the members of my Team. We are passionate, able, equipped and willing to work.
We believe that the results of this past Election calls us to a different level of political maturity and whilst we are committed to the greater cause and amidst efforts to work together, we are denied access to Public Schools for mere familiarization tours and requests for courtesy calls on islands and their Departments/Offices are merely ignored. Your Excellency, with nearly a year since our initial requests, we are putting you on Notice that we intend to represent our people. Your Excellency, we are the first Opposition Team to not have Committee Oversight of the Government’s current Financial Year Expenditure or Policies, a role previously carried out through the Expenditure and Administration Committees. We have made representations to the Speaker and the former Governor to no avail. We are custodians of the Constitution and are built in Watch Dogs and we require essential tools to carry out this important role. We again put you on notice that we intend to represent our people. Together the Governor, the Government and the Opposition are all major players in the guardianship of the Constitution and we do not and will not take our role lightly.
What We Expect
Today, I have spoken to you with a great cloud of witnesses and say to you that I will be honest with you and I expect nothing less from you. We do not want or need another Governor who dismisses us without thought or good reason, nor one who thinks being friends with the truth is against the law. We expect honesty; we expect true consultation, openness and transparency and a true partner in the governance and advancement of this nation.
Conclusion
I note with great appreciation, your background in Trade and Investment. Many will speculate as they’ve done before you, as to what is your Agenda and whose interest will you advance? So I am very pleased to hear that you intend to focus on creating a prosperous economy as this ought to be the Agenda for any Governor who occupies Waterloo. We, therefore, look forward to your ideas on Trade and Investment and how we can expand in these areas.
We equally welcome your wife’s contribution as there is much need for her interests and skills. We note with appreciation her history of being an active partner in social issues which undoubtedly over the years have played second fiddle to our economy and often times neglected completed. There are many charities and causes in which we are certain she can find fulfillment.
Your Excellency, the People’s Democratic Movement and I, not just on our behalf, but also on that of all our people, extend to you a warm and cordial welcome to our beloved and Beautiful by Nature Turks and Caicos Islands. We have every hope and wish that you would be in similar circumstances when you will have completed your assignment with us which would of course, require constructive and productive dialogue and cooperation during the next few years, on both our parts. This all in an air of mutual respect, which I must point out, in my opinion has not always been the case in our working relationships.
There is much to be done and among other things, we need to get our economy back on track; we need to improve our educational facilities; we need to better protect our borders; we need to address healthcare and other social issues and last though not least, we need to make certain changes to our Constitution to make our elected government more credible. And to achieve this all, we need and expect your full and sincere cooperation, as our Governor and Her Majesty’s representative. It is our sincere hope that you become an advocate and avid partner rather than a henchman or referee. I trust that you come to our shores with an open mind about who we are, and what we aspire to. I warn however that much of what you may be told about us, as you make your rounds, will be merely anecdotal and skewed more toward the interests of those that inform you, than in the interest of us all. Which is why I trust and advise that you seek as broad a briefing as possible, to include all sectors of our community. And too, that there is equal access for all. Not just a select few. In doing so, both you and our country would be much better served.
Our fortitude and our resilience continue to be tested. Nonetheless, we, the people of the Turks and Caicos Islands, through our reliance and a desire and determination to return to a point where we are once again the Envy of the Region, have withstood the impact of 911, maladministration, Tropical Storm Hanna and Hurricane Ike - all forces that militantly impacted our existence as a developing nation. We have successfully achieved the UK’s milestones. Again, I pledge on the peoples’ behalf to work with you as the Governor as long as you demonstrate from the onset that you seek to carry a Mandate to foster and encourage good governance . Our expectations are that you demonstrate an open-mindedness and a willingness, yes to respect your mandate yes, but to respect the wishes and desires of the people whom we represent. Our mandate is to work collectively and cooperatively. We have institutions to build. We have positive relationships to establish and encourage! We have a nation to restore and build. It is our hope that we can find in you those cordial characteristics that make it easy through commitment and dedication to achieve our milestones that we have set and will set as a progressive people.
We have lost valuable time and we need to move quickly in the right direction, God being our help. My Party and I look forward to an early audience with you.
Again, I say welcome. May God bless you and your family and may He continue to bless our Beautiful by Nature Turks and Caicos Islands.
TCI Participates in Regional Conferences on Renewable Energy
Deputy Permanent Secretary in the Ministry of Government Support Services Mr. Russell Cox and Energy and Utilities Commissioner Mr. Malike Cummings will be in Aruba from October 9 to 11, 2013 for the Annual International Green Aruba Conference (GAIV) and the 5th Annual Caribbean Renewable Energy Forum (CREF).
CREF is the region’s largest conference on renewables and provides an opportunity for participants to meet the vast majority of stakeholders currently working on projects and initiatives in the Caribbean.
During the conferences Messers Cummings and Cox will:
· Meet with high-ranking government officials and senior utility executives and experts engaged in the energy efficiency and renewable energy field and
· Experience firsthand, Aruba’s progress in sustainable energy projects, programmes and initiatives.
They will also get the opportunity to forge new relationships and alliances with key decision-makers and players in the field to enhance and inform policy directives, regulatory framework and the TCI’s sustainable energy plans.
CREF was launched in 2009 and most visible forum in the Caribbean, focused exclusively on the development of renewable forms of energy in the Caribbean.
TCI Participates in Regional Water and Waste Association Conference
Minister of Health and Human Services Hon. Porsha Stubbs-Smith left the TCI on October 8th 2013, to attend the 22nd annual Caribbean Water and Waste Association (CWWA) Conference and Exhibition in Barbados. She will be accompanied by Director of Environmental Health, Mr. Kenrick Neely.
The Conference will allow the Minister to see first hand some of the innovations in the water, wastewater and solid waste industry and provide a “unique educational framework” for the dissemination the ideas and practices in the sector. It will also provide the networking opportunities and serve as a primary source of information for solving complex water, wastewater and solid waste needs.
The exhibition is being organised by the Caribbean Water and Wastewater Associations (CWWA) to educate government representatives and trade professionals drawn from all phases of the water, wastewater and the solid waste industry.
Minister Stubbs-Smith returns to the TCI on October 12, 2013.
October 13 is International Day for Disaster Reduction
On October 13, 2013, the Department of Disaster Management and Emergencies (DDME) leads several activities as the Turks and Caicos Islands (TCI) joins the rest of the world in celebrating International Day for Disaster Reduction (IDDR).
This year’s theme Living with Disasters and Disability focuses on the one billion people around the world, who live with some form of disability. “Persons living with disabilities are among the most excluded in society and their plight is magnified when a disaster strikes. Not only are they less likely to receive the aid they need during a humanitarian crisis, they are also less likely to recover in the long term more often than not, their unique contribution to helping communities prepare for and respond to disasters is also often overlook,’ a UN statement said.
The theme also aims to emphasis the unique way in which persons living with disabilities contribute to helping communities prepare for and respond to disasters, and how this is often overlooked.
It is against this background that the DDME has partnered with the Ministry of Health to increase awareness of the wider public to get involve and take ownership of the process in order to create disaster resilience in local communities.
The advantages of IDDR theme here in the TCI will draw attention to the needs of the disabled communities and allow stakeholders to seek alternatives for the effective management of Disaster Risk Reduction Strategies for those less abled members of society.
The following activities have been planned in observance of the day:
· Messages in recognition of the day senior members of Government.
· Distribution of Brochures.
· Participation of Public and Private High Schools throughout the island in a National Oratorical Presentation. Trophies will be presented to the winning schools.
· Participated in the Disability and Disaster Survey for IDDR day which closed on 25th September 2013.
In a release issued on 2nd October 2013, the UNISDR noted that more than 5000 responses to the survey had been received. Due to the high level of interest and response to the survey, the Agency said it has had to extend the original deadline from 25th September 2013 to the end of the year. The preliminary findings will be announced on 10th October 2013.
US shutdown is starting to hit business, says Commerce Secretary
US Commerce Secretary Penny Pritzker has warned that business is starting to suffer from the federal shutdown.
Her comments at the Asia-Pacific Economic Cooperation (Apec) came as leaders gathering for the summit voiced worries about the US situation.
Philippine President Benigno Aquino said that what happens in the US "affects us all".
On Friday, the US defence contractor Lockheed Martin said it would put 3,000 workers on unpaid leave.
The US government closed non-essential operations on Tuesday after Congress failed to agree a new budget.
And President Barack Obama cancelled a scheduled trip to Asia because of the shutdown.
"The shutdown is not good for business. It's not good for the economy," Ms Pritzker said. One consequence of the shutdown had been her department's inability to collate vital economic data.
"We're a huge source of data for American business and that is a problem... It's affecting businesses and it's affecting their ability to get data," she said.
From Monday, Lockheed will put 3,000 staff on leave, but the defence giant said this number would rise if the shutdown continued.
"I'm disappointed that we must take these actions and we continue to encourage our lawmakers to come together to pass a funding bill that will end this shutdown,'' Marillyn Hewson, Lockheed's chief executive and president, said in a statement.
"We hope that Congress and the Administration are able to resolve this situation as soon as possible," she added.
The announcement followed United Technologies' decision to temporarily lay off 2,000 employees.
The company, which makes Blackhawk helicopters, said some manufacturing had been halted because there were no government inspectors working to sign off products.
The widening impact of the shutdown sparked concern at Apec meeting in Bali on Sunday.
Mrs Aquino said: "The US economy is the number one economy in the world, what happens there affects all of us.
"The world economy obviously is not in a position to withstand too much shock at this time when we are just recovering as a global economy."
Meanwhile, Chilean President Sebastian Pinera said the US had to confront its fiscal problems "in a better way than they are doing it now with shutting down the government".
Mr Obama is refusing to negotiate with the Republicans over the budget issues until they pass a temporary bill to reopen the government.
He also wants agreement to raise the $16.7 trillion US borrowing limit, to avoid the country defaulting on its debts.
Source-BBC
Twitter wants to raise $1bn in its stock market debut
Social networking company Twitter has said it plans to raise $1bn (£619m) in its stock market debut in documents filed with US regulators.
In the filing, revealed on Thursday, the seven-year-old company said that it now has 218 million monthly users and that 500 million tweets are sent a day.
It made a loss of $69m in the first six months of 2013, on revenues of $254m.
It will be the largest Silicon Valley stock offering since Facebook's listing in 2012.
Analysts said that the offering was likely to get a good response.
"Social media is red hot," said Internet analyst Lou Kerner. "Twitter is front and centre benefiting from market enthusiasm for all things social, and remarkably strong metrics."
The filing also revealed Twitter's finances for the first time.
While the company has never made a profit, its revenue has grown from just $28m in 2010 to $317m by the end of 2012.
Around 85% of Twitter's revenue last year came from ad sales; the rest was from licensing its data.
The company takes in a significant portion of its ad revenue from mobile devices, an important metric often tracked by analysts.
As of 2013, over 65% of the company's advertising revenue was generated from mobile devices. More than 75% of Twitter users accessed the site from their mobile phone during that same time period.
Some analysts said that the decision by the firm to raise capital indicated that it was keen on improving the way people enjoy content on its platform and how advertisers connect with its users.
"Users should be happy about this," said Zachary Reiss-Davis, an analyst with Forrester.
"It looks like Twitter is looking at how to enrich the experience and it understands that to build a successful service, they have to create something people like and want to come back to and spend time on."
Peter Esho from Sydney-based Invast Financial Services, added that Twitter's ease to use had seen it increase its user base, making it an attractive option for advertisers.
"I think what Twitter has working in its favour is that it's very easy to use: it doesn't eat up too much bandwidth for the average user in places where broadband penetration is low," he said.
The filing also revealed that two of the company's co-founders, Evan Williams and Jack Dorsey, own significant stakes in Twitter, and could stand to take in significant sums from the company's stock market listing.
Mr Williams owns 12% of shares in the company, while Mr Dorsey owns 4.9%.
Benchmark Capital's Peter Fenton, an early investor in the company, is the second-biggest shareholder, with 6.7% of shares.
Twitter indicated three weeks earlier that it had filed for a public stock market offering.
However, under a new law passed by Congress in 2012, it did not have to reveal its financial documents because it had revenue of less than $1bn.
