TCI Community College Students tour Wall Street
The Turks & Caicos Islands Community College’s Business Department took flight for an interesting tour of the Financial District of Manhattan, New York and to see Wall Street where the famed novelist John Grisham used this canvas to paint the stories that have captivated readers for years.
Three (3) lecturers along with nine (9) students from the Associates and Bachelor’s degree in Business and Finance Courses, donned scarves, coats, mitts and caps to brave the ‘freezing’ temperatures.
The Wall Street Tour was indeed the kick-off to a world of adventure and learning! The tour guides ably and superbly navigated the historical evolution of the New York Stock Exchange and Wall Street. The group saw the Federal Hall where President George Washington was sworn in, passing by Morgan House, The Federal Bank, The 9/11 Memorial and the statuesque Wall Street Bull.
Students were enthralled by the stories behind the 2008 financial collapse and the lingering evidence of the 9/11 attack in the Federal Hall. The historical accounts continued with the story of the first terrorist attack on Wall street via a horse and carriage. Even more interesting, especially for students pursuing a finance specialism, was the explanation of trading and stock markets, splits, options and futures and the reality of the bull and bear markets. At the end of this tour, we were given a US $1,000,000 note, which unfortunately will only remain in our purses and wallets!
The group had the opportunity to relax, unwind and enjoy some New York Culture as we enjoyed the Broadway play “Shear Madness”. No need to expand on this except to say the title was truly fitting of the play.
The Statue of Liberty remains such a vital part of the United States history, it was decided that the tour would definitely benefit from this rich experience. The group travelled via ferry to Liberty Island where the tour guide explained the island’s history and the reason behind the placement of Lady Liberty at that location. They got to see the breath-taking monument up close and gazed in awe at the sculptor which took so many years of hard work.
Ellis Island was the entry point for immigrants in the early days of New York. The process then was absolutely onerous and frightening and we can only be thankful that all of that will remain history.
Ms. Stacy Ann Lawrence, a Lecturer at the College said, “It is always interesting to see a bit of history to appreciate how far we have come and to get insight as to what it must have been like for the immigrants in those early days.”
Following an interesting and educational tour of New York, it was time to return to the Turks & Caicos Islands. There were a few sad faces as we entered the hotel shuttle and made our way to JFK airport, then sadly blew last minute kisses, “See you later, New York!”
This experience was made possible by Corporate partners who sponsored and participated in assisting our Community College:
N W Hamilton
First Caribbean Bank
Royal West Indies
Le Vele Management Services
CBMS Ltd
Turks and Caicos Banking Company
The Palms Resort Ltd.
British Caribbean Bank
IGA
Jais
International Beauty Salon
Grand Turk Cruise Center
FChambers
Discount Liquors
The Business Department and the TCI Community College told RTC that they wish to thank those who continue to play a role in the life of the College to ensure that these meaningful excursions can take place where students can see their classroom work come to life in the real world.
TURKS AND CAICOS POST CABINET MEETING STATEMENT
His Excellency the Governor, Peter Beckingham, chaired the 13th meeting of Cabinet on Thursday, 21st April 2016, at the Hon. Hilly Ewing Building on Providenciales.
The Hon. Deputy Premier and the Hon. Minister of Border Control and Employment were the only two absent.
At this meeting Cabinet:
H.E approved a review of the Trade Unions Ordinance (Chapter 17.07) with a view of undertaking the necessary consultations and providing the appropriate instructions to the Attorney General for the drafting of the amending and or new legislation deal with trade unions and the activities of trade unions generally;
They also noted the initiation of the Electricity (Amendment) to the Ordinance on March 1st, 2016 and the effective date of the appointment of the Board commenced from April 1, 2016. Cabinet also approved the appointment of Mrs. Teresa Williams-Andrews as Secretary of the Board as per Section 2E of the Electricity (Amendment) Ordinance;
Acknowledged was the replacement of Paul Gardiner with George Hinson as a member of the Physical Planning Appeals Board; Cabinet considered and approved the planning application from Fortis TCI for the relocation and placement of high voltage power transmission cables between Providenciales and North Caicos;
H.E approved the establishment of a working group to review the Service Charge Ordinance and the practices of the hotel and restaurant industry as it relates to the application of the management of service charges within the industry. Membership shall include the Commissioner of Labour, Commissioner of Revenue, a Representative from the AG Chambers & a Representative of the TCHTA as well as three Employee Representatives. The reps are as follows – Monet Collymore (Chair), Russel Garland (Member) and Penditer Hutchinson (Member). Cabinet expressed the desire from the working group to have this work completed within the next 4-6 weeks;
Cabinet advised the Governor to reaffirm the approval granted for a new 25 year lease to Leeside Estates over Crown Land parcels 6113/180-191, 312-340 and 343-376 inclusive, at Long Bay Hills, Providenciales, for the purpose of pursuing the development of a signature residential community for Turks and Caicos Islanders at an annual rent of $68,688.90 and 10% of the sale price of the residential parcels which were previously low-lying swamp lands;
There was also approval for the development of a Donkey Sanctuary at parcel 10402/11 at (Over Island) as a tourism attraction to be funded through the monies appropriated in the TCIG Development Fund. Cabinet additionally agreed to work with the Donkey Welfare Committee to discuss further options to reduce the donkey population on the island of Grand Turk, as well as discussing with the Committee the proposed new Sanctuary;
During the course of that meeting, Governor Beckingham approved the publication of a Request For Proposals (RFP) for the construction of a Police Headquarters and supporting facilities on the island of Providenciales;
The development of a policy to assist the construction of privately owned primary and secondary roads traversed by the public was also approved;
Finally during the cabinet meeting, amendments to the Customs (Government Transit Shed and Queen’s Warehouse Rent) Regulations under Section 19 and 66 of the Customs Ordinance to permit a waiver of storage fees for goods retained in the warehouse for more than 30 days, subject to the payment of the Duty and CPF and a reduction in the current rates by 50% for general merchandise was approved.
Further information on these matters will be provided by Ministers in a press conference to be announced.
Don't count them out just yet.
Despite now trailing the Western Conference Finals 3-2 to the Oklahoma City Thunder, Golden State Warriors point guard Stephen Curry says, "The series isn't over."
"We've got to believe in ourselves," Curry said after his team lost 118-94 to the Thunder in Game 4 Tuesday. "There's obviously frustration."
Tuesday night's defeat was the second straight loss for the Warriors and marked the first time the team, which set an NBA record this year for the most wins (73) in a regular season, lost back-to-back games.
"It's a terrible feeling once again not stepping up and being ourselves and playing our game," Curry told reporters. "But I think we're a special team. This isn't how we're going to go out."
But The Warriors got their chance to get back in the series on Thursday when they return home to Oakland, California, for Game 5 and defeated OKC 120 to 111.
Can Golden State win 2 straight? Time will tell!
Rafael Nadal is one step closer to claiming his 10th French Open title.
The No. 4 seed defeated Facundo Bagnis in three sets at Roland Garros Thursday, 6-3, 6-0, 6-3. With the second-round win, Nadal also claimed his 200th victory at Grand Slam tournaments.
Roger Federer holds the record for most Grand Slam matches won, with 302.
In his career, Nadal has 14 Grand Slam titles -- nine at Roland Garros alone. He is tied with Pete Sampras and trails only Roger Federer, who holds the record with 17 titles.
Maria Sharapova tested Positive for Meldonium
Maria Sharapova has been named in Russia's tennis team for August's Rio Olympics, despite currently serving a doping suspension.
The 29-year-old tested positive for meldonium at January's Australian Open.
But the country's tennis federation said Sharapova's participation at Rio "should be resolved" this week.
Russia's track and field athletes are banned from international competition over recent doping scandals, though other sports remain unaffected.
The International Tennis Federation (ITF) provisionally suspended the five-time Grand Slam champion on 12 March.
The World Anti-Doping Association (Wada) then admitted in April that scientists were unsure how long meldonium stayed in the system, suggesting athletes who tested positive for the substance before 1 March could avoid bans.
However, Sharapova has already admitted she continued taking meldonium past 1 January, when the substance was added to Wada's banned list.
She is thought to have faced an anti-doping panel in London last week, with the Russian Tennis Federation saying at the time that Sharapova may never play again.
WINNING WAYS CONTINUE WITH NEW DIGICEL WICB PARTNERSHIP
Cricket in the West Indies looks set to continue its winning ways with the news that the West Indies Cricket Board (WICB) has inked an exciting new agreement with Digicel.
With rising stars like Carlos Brathwaite, Hayley Matthews and Shimron Hetmyer having made a name for themselves on the global stage with their stunning world-beating performances at the World Championships, the next four years of partnership between Digicel and the WICB look brighter than ever.
As the biggest supporter of cricket across the region for the last 12 years, this time around Digicel will be helping to grow the already massive appeal of the game by sponsoring the women’s and U19s teams – in addition to the men’s senior team.
Another major part of Digicel’s new commitment to West Indies Cricket will be the coaching clinics that will be developed across the Caribbean to find and nurture the cricket stars of the future – as well as a strong mix of branding and advertising at home games, activations, promotional opportunities and more access to the teams. And, for the first time ever, the Digicel logo will also have a presence on all West Indies team’s jerseys at ICC events.
Digicel’s commitment will help the strategic growth of the WICB’s business and provide greater engagement for fans and benefits to Digicel customers. This includes the support of the long form of the game, and the future of Test Cricket, and this will play out with the broadcasting of the Professional Cricket League (PCL) Regional 4-Day Competition set to start later this year.
John Delves, Chief Commercial Officer at Digicel Group, comments; “Our aim with all of our community and sponsorship initiatives is to support our customers and the things that they love and identify with most – and one of those things is cricket. The game of cricket has a long and fascinating history in the Caribbean uniting the people of the islands and the islands themselves through a shared passion and a competitive thrill.”
He continues; “The stunning recent successes of the men, women’s and U19s teams have once again broadened the appeal of the game and excited new audiences. We are delighted to be involved now with all of the WICB teams and particularly pleased to be partnering on the coaching clinics which will help to nurture future champions from the Caribbean.”
Michael Muirhead, Chief Executive Officer at the WICB, says; “As part of the WICB’s plan to expand its commercial business, a key component of this strategy was the renewal of the relationship with our long term and valued team sponsor. The new partnership meets a number of our strategic commercial goals, and we are delighted to be continuing our long association with Digicel. Over the past 12 years, Digicel has demonstrated its love of the game of cricket and has helped to bring new excitement to our passionate fans. This new era sees an expanded level of support for all of our teams and a focus on growing the next wave of Caribbean cricket champions in all formats.”
“In addition, our commercial agency, Pitch International, has been key to this renewal of this new look partnership.”
Danny Delancy tournament for GT
The Annual Danny Delancy Softball Tournament will kick off on Friday in the Nation Capital in celebration Of our National Heroes weekend!
The tournament has been receiving some buzz from former players and lovers of the sport.
President Godfrey Been told Rtc Sports on Sunday night that it's a pleasure to bring the sport back into the capital for the weekend. He added that many supporters have been reaching out to him since his federation has been holding the slow pitch and fast pitch games in Provo and wanted a piece of the action in GT.
Been added that 2 games will be played each night commencing at 7pm. Keeping listening to Rtc Sports for more on the games.
Jags McCartney relays
The Turks and Caicos Amateur Athletic Association (TCAAA) and the Commonwealth Games Association (CGA) have partnered to host the JAGS McCartney Invitational Relays in collaboration with the IAAF 21st World Athletics Day 2016.
We are pleased to invite all Schools/Clubs in the Turks and Caicos Islands to this event, scheduled to take place on Monday 30th May, 2016 on the Parade Grounds, in Grand Turk commencing at 10:00 A.M. with an Opening Ceremony says Rita Gardener.
This year’s celebration is anticipated to be even more significant as we celebrate 41 years of our first Chief Minister and only National Hero’s life and legacy.
Angela Brooks added that The One (1)– day Signature event of sports and culture will showcase our children’s talent from ages 7–9, 10-12, 13-15, under 17, under 20 and Open Relays.
The ladies told Rtc that All Schools, Clubs, Government Departments and NGO’s throughout the country are invited and expected to participate. Winners will be awarded Trophies, Medals and Prizes.
Microsoft, Facebook to Build Undersea Data Cable across Atlantic
Microsoft Corporation and Facebook Inc. have agreed to build an undersea cable across the Atlantic Ocean to meet the growing demand for high-speed online and "cloud" services.
Microsoft and Facebook announced the move Thursday, saying the 6,600-kilometer "MAREA" cable, named for the Spanish word for "tide," will stretch from the U.S. East Coast state of Virginia to Bilbao, Spain. From Spain, the cable would link to hubs in Africa, Asia, the Middle East and other parts of Europe.
The companies said construction of the cable will begin in August and finish by October 2017. The cable is expected to carry up to 160 terabits of bandwidth per second, about 16 million times the bandwidth of a U.S. home internet connection.
Their announcement comes nearly two years after Google announced a similar deal with five Asian companies to develop a trans-Pacific cable network connecting the U.S. with Japan.
Underwater data centers are seen as a possibility for storing and managing huge amounts of data while using marine energy resources to keep the data centers cool.
Diplomat Found Dead in El Salvador
Panama's honorary consul in El Salvador was found dead found Thursday with a gunshot wound to the head, officials in San Salvador said.
El Salvador's attorney general's office and National Civil Police said the body of Carlos Armando Lemus was found in a parked vehicle in Escalon Colony, within the capital.
Lemus, a Salvadoran citizen and businessman, had held his diplomatic post for 20 years.
Prosecutors said via Twitter that they had no leads. Investigators did not say whether they suspected homicide or suicide.
Local reports said the vehicle in which Lemus' body was found belonged to his bodyguard, and that the shot had been fired from a gun belonging to Lemus.
