RECONNAISSANCE AIRCRAFT NEARING CHANTAL .
NEWS ITEM ON TROPICAL STORM CHANTAL ISSUED BY THE BAHAMAS DEPARTMENT OF METEOROLOGY FORECAST OFFICE SECTION AT 6PM MONDAY 08TH JULY, 2013.
AT 5:00 PM EDT, THE CENTER OF TROPICAL STORM CHANTAL WAS LOCATED NEAR LATITUDE 11.8°NORTH AND LONGITUDE 53.9° WEST OR ABOUT 390 MILES EAST-SOUTHEAST OF BARBADOS.
CHANTAL IS MOVING TOWARD THE WEST-NORTHWEST (WNW) AT 26 MPH. AND THIS GENERAL MOTION IS EXPECTED TO CONTINUE FOR THE NEXT COUPLE OF DAYS. ON THE FORECAST TRACK .THE CENTER OF CHANTAL SHOULD REACH THE LESSER ANTILLES EARLY TUESDAY.MOVE INTO THE EASTERN CARIBBEAN SEA LATER ON TUESDAY.AND BE NEAR THE DOMINICAN REPUBLIC ON WEDNESDAY.
MAXIMUM SUSTAINED WINDS ARE NEAR 45 MILES PER HOUR (MPH) WITH HIGHER GUSTS. SOME STRENGTHENING IS FORECAST DURING THE NEXT 48 HOURS.
THE NEXT NEWS ITEM WILL BE ISSUED AT MIDNIGHT
.RECONNAISSANCE AIRCRAFT NEARING CHANTAL .
NEWS ITEM ON TROPICAL STORM CHANTAL ISSUED BY THE BAHAMAS DEPARTMENT OF METEOROLOGY FORECAST OFFICE SECTION AT 6PM MONDAY 08TH JULY, 2013.
AT 5:00 PM EDT, THE CENTER OF TROPICAL STORM CHANTAL WAS LOCATED NEAR LATITUDE 11.8°NORTH AND LONGITUDE 53.9° WEST OR ABOUT 390 MILES EAST-SOUTHEAST OF BARBADOS.
CHANTAL IS MOVING TOWARD THE WEST-NORTHWEST (WNW) AT 26 MPH. AND THIS GENERAL MOTION IS EXPECTED TO CONTINUE FOR THE NEXT COUPLE OF DAYS. ON THE FORECAST TRACK .THE CENTER OF CHANTAL SHOULD REACH THE LESSER ANTILLES EARLY TUESDAY.MOVE INTO THE EASTERN CARIBBEAN SEA LATER ON TUESDAY AND WILL BE NEAR THE DOMINICAN REPUBLIC ON WEDNESDAY.
MAXIMUM SUSTAINED WINDS ARE NEAR 45 MILES PER HOUR (MPH) WITH HIGHER GUSTS. SOME STRENGTHENING IS FORECAST DURING THE NEXT 48 HOURS.
THE NEXT NEWS ITEM WILL BE ISSUED AT MIDNIGHT
CHANTAL STRENGTHENS SLIGHTLY
NEWS ITEM ON TROPICAL STORM CHANTAL ISSUED BY THE BAHAMAS DEPARTMENT OF METEOROLOGY FORECAST OFFICE SECTION, AT NOON MONDAY 08TH JULY, 2013.
…CHANTAL STRENGTHENS SLIGHTLY …
AT 11:00 AM EDT, THE CENTER OF TROPICAL STORM CHANTAL WAS LOCATED NEAR LATITUDE 10.9°NORTH AND LONGITUDE 51.7° WEST OR ABOUT 550 MILES EAST-SOUTHEAST OF BARBADOS.
CHANTAL IS MOVING TOWARD THE WEST-NORTHWEST (WNW) AT 25 MPH. AND A WEST-NORTHWESTWARD MOTION AT ABOUT THE SAME FORWARD SPEED IS EXPECTED OVER THE NEXT COUPLE OF DAYS… ON THE FORECAST TRACK...THE CENTER OF CHANTAL SHOULD REACH THE LESSER ANTILLIES EARLY TUESDAY…AND MOVE INTO THE EASTERN CARIBBEAN SEA LATER ON TUESDAY.
MAXIMUM SUSTAINED WINDS ARE NEAR 45 MILES PER HOUR (MPH) WITH HIGHER GUSTS. ADDITIONAL STRENGTHENING IS FORECAST DURING THE NEXT 48 HOURS.
THE NEXT NEWS ITEM WILL BE ISSUED AT 6:00 PM
TROPICAL STORM CHANTAL 1
TROPICAL STORM CHANTAL ISSUED BY THE BAHAMAS DEPARTMENT OF METEOROLOGY FORECAST OFFICE SECTION, AT 6:00 AM MONDAY 08TH JULY 2013.
CHANTAL MOVING RAPIDLY TOWARDS THE LESSER ANTILLES.
AT 5:00 AM EDT, THE CENTER OF TROPICAL STORM CHANTAL WAS LOCATED NEAR LATITUDE 10.4°NORTH AND LONGITUDE 49.5° WEST OR ABOUT 705 MILES EAST-SOUTHEAST (ESE) OF BARBADOS.
CHANTAL IS MOVING TOWARD THE WEST AT 26 MPH AND A WEST-NORTHWESTWARD MOTION AT THE SAME SPEED IS EXPECTED OVER THE NEXT COUPLE OF DAYS. ON THE FORECAST TRACK THE CENTER OF CHANTAL SHOULD APPROACH THE LESSER ANTILLES TONIGHT OR EARLY TUESDAY.
MAXIMUM SUSTAINED WINDS ARE NEAR 40 MILES PER HOUR (MPH) WITH HIGHER GUSTS. SOME INCREASE IN STRENGTH IS FORECAST DURING THE NEXT 48HRS.
DUE TO THE RAPID FORWARD SPEED OF CHANTAL RESIDENTS IN THE BAHAMAS AND TURKS AND CAICOS ISLANDS SHOULD PAY ATTENTION TO ALL FURTHER NEWS ITEMS ON CHANTAL, AS ITS PROJECTED TRACK BRINGS IT INTO THE SE BAHAMAS BY THURSDAY.
THE NEXT NEWS ITEM WILL BE ISSUED AT NOON
50 cent Denies attacking girlfriend
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Rapper 50 Cent has denied attacking his ex-girlfriend and ransacking her home in Los Angeles.
The artist, born Curtis Jackson, was charged with domestic violence and four counts of vandalism according to court papers filed on Monday (July 1). However, in a statement released by his lawyer, 50 Cent has denied the charges and also said that there is no warrant for his arrest.
“Curtis Jackson denies these allegations as made against him. It is important to note, Mr. Jackson has not been arrested and there is no warrant outstanding for his arrest,” his lawyer stated.
The rapper’s lawyer also said they are looking into the allegations themselves: “We have been in contact with LA City Attorney’s Office and are currently conducting our own investigation into these allegations.”
On June 23, police say they were called to a property in Los Angeles, where they found a woman and a baby. The woman, who said she had been in a relationship with the rapper for three years, told officers that the he had began destroying her property during an argument. She said he kicked open her bedroom door and then kicked her.
Police say they found rooms ransacked with clothes strewn about and items including chandeliers, furniture and a television broken.
50 is scheduled to appear in court on July 22. If convicted he could face up to five years in prison.
Dupri in tax Trouble
Jermaine Dupri Slapped With $800,000 Tax Bill From The State Of Georgia AGAIN!!!! Uncle Sam just slapped the hip-hop mogul with a giant tax bill ... to the tune of $800,000.
According to two separate tax liens filed by the IRS (everyone's fav government agency) ... Dupri needs to cough up tax dough from the years 2008, 2010 and 2011. Here's the breakdown:
2008: $646.47 (not so bad)
2010: $140, 889.76 (could be worse)
2011: $657,156.12 (hello, worse)
Grand total allegedly owed -- $798,692.35.
Calls to Jermaine's reps have not been returned.
Of course JD is no stranger to tax bills. He recently paid off a $3 million tax lien for unpaid taxes in 2006. Prior to that he coughed up $500k to the State of GA for unpaid taxes.
Positive US jobs numbers add to rate rise speculation
The US economy added a net 195,000 new jobs in June, official figures show.
The figure was well above economists' expectations of 165,000. Revisions to data for April and May added a further 70,000 jobs to previous estimates.
The jobless rate remained steady at 7.6% of the workforce, according to the data from the Bureau of Labor Statistics.
The dollar and US bond yields jumped as markets expectations rose that interest rates will start rising in a year.
The euro fell three quarters of a cent against the dollar to $1.282, while gold fell almost 3% to $1,214.36 an ounce.
The yield on 10-year Treasury bonds rose from 2.5% to 2.68% to their highest level in almost two years.
Treasury bonds - the US government's cost of borrowing - provide an indication of when markets expect the US Federal Reserve to begin raising interest rates, with many analysts now predicting that a move could come as soon as the end of 2014.
The news was initially welcomed on Wall Street, where the Dow, S&P 500, and Nasdaq all opened higher.
They turned negative mid-morning but regained the higher ground by afternoon trading.
"US employment data came out on the strong side of expectations," wrote Brown, Brothers, & Harriman in a note to clients.
"The jobs data will strengthen expectations of tapering Fed asset purchases,"
Economists paid close attention to the number this month due to concerns that the US Federal Reserve might begin to wind down - or "taper" - its policy of propping up the US economy by buying up debts with newly-created money.
Comments by chairman Ben Bernanke in June that indicated that positive economic data in the coming months might lead to tapering of the Fed's bond buying had roiled markets.
If the US economy continues to add jobs at this pace, the unemployment rate should fall from its current 7.6% to 6.5% by the end of 2014. This is the number the Fed has said the US jobs market must reach before it will end its programme of suppressing rates.
Leisure and hospitality jobs saw the biggest gains in June, as employers hired workers for the summer season.
The data eased fears that the "sequester" - a package of austerity measures that hit the economy in January - would have a negative impact on the jobs market.
The government shed 7,000 jobs in June, slightly less than expected.
Manufacturing, once a bright spot of the recovery, has continued its recent trend of job losses.
This has prompted some to question President Barack Obama's commitment to the manufacturing sector.
"The president laid out a goal of creating a million new manufacturing jobs in his second term. That effort is off to a terrible start," said Scott Paul, president of the Alliance for American Manufacturing, an industry trade group.
Banks line up to take part in Lloyds share sale
Top banks are putting their submissions to the Treasury to run a potential £20bn sale of the nationalised part of Lloyds Bank.
Banks have until Monday to make their pitch to handle the sell-off of the government's 39% holding in Lloyds, with the sale of RBS, which is 81% owned by the taxpayer, to come later.
The sale method has not been decided.
He said private-equity businesses had also shown interest in buying around 10% of Lloyds, either just before or simultaneous with a more conventional placing of shares with investment institutions,.
The Sunday Times reported that Temasek, the Singapore government's investment arm, is willing to buy 10% of Lloyds' shares for £4.5bn.
Temasek is a shareholder in rival UK-headquartered bank Standard Chartered
While the method of sell-off is being considered, UK Financial Investments (UKFI), which manages the government's shares, will pick a shortlist of banks to handle it.
Later, it will narrow down the field.
UKFI said in a statement that the move was "merely planning formally for as and when a transaction takes place" and was "by no means an indication" that something was imminent.
The Lloyds sale is expected to kick off with up to £5bn of the government's holding for sale, with a classic 1980's-style privatisation - a direct sale of the shares to retail investors - unlikely.
One method may be to offer large blocks of shares to professional, institutional buyers, or even, as our correspondent reports, sovereign wealth or private equity funds.
The Reuters news agency said on Friday that the biggest names in international banking were eager to take part, although the fee income from the sale was likely to be modest when compared with usual commercial terms.
It said banks would be keen to participate for the prestige, and mentioned HSBC, Barclays, UBS and Credit Suisse as likely to be among them.
In June, Chancellor George Osborne said the government was ready to start selling its Lloyds shares, which on Friday were trading at 64p, above the government's breakeven price of just above 61p.
Source-BBC
Bahamas PM wants more outside help in crime fight
Amid ongoing worries about the high rate of violent crime in The Bahamas, Prime Minister Perry Christie used his address at the Caribbean Community (CARICOM) heads of government meeting in Trinidad to push the United States and other developed countries to do more to help the region fight crime.
In fact, he said the United States and others have a “moral obligation” to give back to The Bahamas and to the countries in the Caribbean region.
“More must be done to help with development; to strengthen the sharing of intelligence and funding resources with respect to deportees coming back to the region; more must be done to help in the education of our populations,” said Christie while acknowledging on Wednesday evening that the United States is already assisting The Bahamas in its fight against crime.
“Indeed, isn’t it a fundamental irony that when we are most challenged for resources, when our traditional partners are cutting back on funding for our countries, our young people who gain their education at public expense in the region are more and more moving to the United States and to Canada?
“So we are paying for the expertise which enriches their societies. It is therefore incumbent upon us to make the case that the developed countries have an obligation, dare I say, a moral obligation in all of the circumstances, to give back to our societies.
“I use this opportunity again to say, that the developed world, the United States and Canada, have a stake in the success of the countries of the region.”
Christie noted that he spoke to US Attorney General Eric Holder while in Port-au-Prince, Haiti, in February regarding the challenges that small island nations continue to face.
He pointed to the challenges surrounding human and gun trafficking.
Christie said during his conversation with Holder, he petitioned the United States to dedicate more resources to enable the region to more effectively meet the disastrous consequences of crime.
“Since that time, a delegation of American officials has visited our country and we are now working very closely on several initiatives to fight crime and to enhance security," Christie said.
However, he added that the work cannot stop there.
We must do more to impress upon our friends and neighbors that stability of our democracies and the stability of our countries are directly connected to the extent to which there can be a greater sharing in the strategies employed to address these challenges,” he said.
“Our security agenda and the fight against crime are unremitting, and we are engaged actively in seeking solutions pan Caribbean wide to these thorny problems.”
This is not the first time that Christie publicly called on the United States for assistance. He said last month that The Bahamas needed help to effectively deal with criminal deportees from that country.
Between 2002 and 2011, 957 Bahamians convicted of criminal offences were deported from The United States to The Bahamas, according to the Immigration Enforcement Actions: 2011 report.
Courtesy of the Nassau Guardian
CARICOM Summit in Port of Spain ends
Caribbean Community (CARICOM) leaders ended their four-day summit in Port of Spain on Saturday agreeing to the immediate adoption of a stabilisation and growth agenda which emphasises the removal of constraints on competitive production as well as proactive facilitation and support for the private sector aimed at catalysing growth in critical economic sectors.
CARICOM chair and host Prime Minister Kamla Persad Bissessar, speaking at the end of summit news conference, told reporters that the regional leaders addressed the issue of the future of CARICOM economies and agreed to deepen “the regional framework for growth and development through the pursuit of a development path which engenders inclusiveness of all stakeholders”.
She told reporters that in accordance with this strategic approach, the regional leaders agreed to the immediate “design and execution of a resource mobilisation strategy to facilitate targeted interventions by governments to catalyse and ignite growth in CARICOM states”.
In addition, the regional leaders also agreed that the Bureau of the Conference would be charged with the responsibility of advancing the decision and in this regard, the Guyana-based CARICOM Secretariat would circulate a comprehensive programme within one month for the consideration of the leaders.
Prior to the summit, CARICOM leaders had indicated that the meeting would focus on the issue of transportation, and Prime Minister Persad Bissessar said that the leaders had agreed to the re-introduction of a single domestic space “in the interest of hassle-free travel in the region”.