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Attorney wants Dr. Blythe’s appearance at FINSAC Commission

first_imgRelatedAttorney wants Dr. Blythe’s appearance at FINSAC Commission Attorney wants Dr. Blythe’s appearance at FINSAC Commission Finance & Public ServiceMay 19, 2011 RelatedAttorney wants Dr. Blythe’s appearance at FINSAC Commission FacebookTwitterWhatsAppEmail KINGSTON — Attorney Anthony Levy on Tuesday (May 17) formally requested the FINSAC Commission of Enquiry to seek to have former Minister of Water and Housing, Dr. Karl Blythe, appear at the enquiry. Mr. Levy’s request follows on the heels of press reports of Dr. Blythe stating that the previous Government, of which he was a part, was to be blamed for the 1990s financial crisis. Dr. Blythe was quoted as stating, “I personally apologize to all those who may have suffered during this financial crisis.” Mr. Levy said that Dr. Blythe’s statements were “totally contradictory” to those given by his former cabinet colleague, Dr. Omar Davies, who was the Minister of Finance and Planning during the period of the crisis. He suggested that Dr. Blythe “would have a lot to offer from his personal and intimate knowledge of the situation, as a member of the Cabinet at the time”. “The Commission will discuss and make a decision on that,” chairman of the FINSAC Enquiry, Worrick Bogle, responded. “He seems to be the one ‘former politician who would be willing to come and tell the truth’,” Mr. Levy added. Mr. Bogle said the comments were noted. Mr. Levy had suggested last week that former Prime Minister, Most Hon P.J. Patterson, be asked to appear at the enquiry, following his statement suggesting that there could have been serious bloodletting, if his administration had not created the Financial Sector Adjustment Company (FINSAC) to deal with the crisis. Mr. Bogle had said, prior to the statement, that he saw no need to request Mr. Patterson’s presence. The enquiry resumes on May 30, after a two week break created by the unavailability of one of the commissioners, Charles Ross. Former senior PriceWaterhouseCoopers’ partner, Richard Downer, is scheduled to appear on that date. While former Century National Bank head, Don Crawford, is expected to appear the following week. By BALFORD HENRY, JIS Reportercenter_img RelatedAttorney wants Dr. Blythe’s appearance at FINSAC Commission Advertisementslast_img read more


Alcatel-Lucent narrows Q1 loss

first_imgHome Alcatel-Lucent narrows Q1 loss Steve Costello Related Nokia details Digital Health review; further job cuts Tags Author Alcatel-LucentChina HuaxinFinancial Steve works across all of Mobile World Live’s channels and played a lead role in the launch and ongoing success of our apps and devices services. He has been a journalist…More Read more Previous ArticleConvergence key to TD-LTE growthNext ArticleTelefonica suffers revenue and profit fall in Q1 Loss-making network infrastructure player Alcatel-Lucent reduced the amount of red ink used in the first quarter of 2014, as the impact of its broad restructure began to take effect.Michel Combes (pictured), CEO of Alcatel-Lucent, said: “We began 2014 as we ended 2013 – totally focused on driving implementation of The Shift Plan. Having put the group in the right financial direction last year we are encouraged by the continued progress shown in the first quarter of 2014.”According to Reuters, Jean Raby, CFO, said the company is still on-track to sell €1 billion of assets, as previously stated, but did not provide further details.The company reported a loss of €73 million for the period, compared with a prior-year loss of €353 million, on revenue of €2.96 billion, down from €3.23 billion. It also provided revenue figures treating its Enterprise unit as a discontinued operation (it has inked a deal to sell this unit): on this basis, the figure would have been essentially flat.It said that the reduced loss was driven by higher operating income, lower restructuring charges, and a “significant reduction in net financial losses”.Revenue from the company’s Wireless Access unit was €999 million, down from €1.01 billion in Q4 2014, although it claimed a 2.3 per cent increase at constant exchange rates and comparable perimeter.It said that in the first quarter, LTE growth continued to be strong, notably in the US. This increase was partially offset by continued declines in 2G and 3G technologies, which represented less than 25 per cent of wireless access revenue in Q1.The company noted wins including LTE overlay deals with Claro Uruguay, Etisalat and APT (Taiwan), and small cell announcements including Verizon Wireless and TIM in Brazil.Looking forward, the company is expecting China to drive wireless revenue in Q2, although this could impact margin, Reuters said.Alcatel-Lucent also noted that its Managed Services revenue halved, reflecting moves to terminate or restructure loss-making contracts.On a group level, cash flow continued to be a concern. It reported a free cash flow defecit of €398 million for the quarter, although this was reduced from a €533 million outflow in the prior-year.The deal to sell the Enterprise business to China Huaxin is due to close in Q3, subject to certain approvals. Alcatel-Lucent will retain a 15 per cent stake in the unit. AddThis Sharing ButtonsShare to LinkedInLinkedInLinkedInShare to TwitterTwitterTwitterShare to FacebookFacebookFacebookShare to MoreAddThisMore 09 MAY 2014 Nokia downplays impact of Alcatel-Lucent probe Nokia slashes Alcatel-Lucent jobslast_img read more


Coronavirus live updates: UK Prime Minister Boris Johnson transferred to intensive care

first_imgnarvikk/iStock(NEW YORK) — A global pandemic of the novel coronavirus has now killed at least 10,524 people in the United States.The U.S. has by far the most cases, with more than 356,000 diagnosed with COVID-19, the disease caused by the new respiratory virus, according to data compiled by the Center for Systems Science and Engineering at Johns Hopkins University.More than 1.3 million people around the world have been diagnosed with the coronavirus. The actual numbers are believed to be much higher due to testing shortages, many unreported cases and suspicions that some governments are hiding the scope of their nations’ outbreaks.More than 73,900 around the world have died, according to Johns Hopkins University’s count.Italy has the highest death toll in the world — more than 16,500.Today’s biggest developments:-UK Prime Minister Boris Johnson transferred to intensive care-New York state reaches possible apex, death toll reaches 4,758-This will be the ‘peak week’ for parts of the US, official warnsHere’s how the story is developing today. All times Eastern. 3:38 p.m.: UK Prime Minister Boris Johnson taken to intensive careU.K. Prime Minister Boris Johnson, 55, who was hospitalized Sunday night after contracting the novel coronavirus, has been taken to intensive care after his condition worsened Monday afternoon, according to Downing Street.Johnson asked Dominic Raab, the secretary of state for foreign affairs, to deputize for him when necessary, Downing Street said.Earlier Monday, Johnson said he went to the hospital for “some routine tests” as his symptoms persisted.“I’m in good spirits and keeping in touch with my team, as we work together to fight this virus and keep everyone safe,” Johnson tweeted.A spokesman for the prime minister’s office announced in a statement on Sunday night that Johnson had a high fever and was admitted to a London hospital on the advice of his doctor, not in an emergency.“This is a precautionary step,” the spokesman said at the time, “as the prime minister continues to have persistent symptoms of coronavirus ten days after testing positive for the virus.”3:10 p.m.: Michigan running ‘dangerously low’ on personal protective equipmentIn Michigan — one of the states hit hardest by the pandemic — health care workers are “running dangerously low” on personal protective equipment (PPE), Gov. Gretchen Whitmer warned.“At Beaumont Hospital, we have less than three days until N95 masks run out. At Henry Ford Health System, we have less than four days. And at the Detroit Medical Center, less than 10 days,” Whitmer said Monday. “At all three health systems, there are less than three days until face shields run out and less than six days until surgical gowns run out.”She said that data doesn’t include private donations going straight to the hospitals.Whitmer said state officials are “doing everything we can as the state level to secure more personal protection equipment.”She said FEMA has sent 400 ventilators, 2 million gloves and 1.1 million surgical masks, and plans to ship 1 million more N95 masks this week.As of Sunday, over 15,000 had tested positive and 617 had died in Michigan.Eighty percent of the state’s cases are in three counties in the Detroit area.2:50 p.m.: New Jersey sees decline in new case growth rateNew Jersey’s death toll from the coronavirus has now climbed to 1,003, Gov. Phil Murphy said Monday.The Garden State has a total of 41,090 people diagnosed with the virus.But Murphy tweeted, “we’re seeing a DECLINE in the growth rate of new cases, from 24% day-over-day on March 30th, to roughly 12% today.”“Our efforts #FlattenTheCurve are STARTING TO PAY OFF,” he said. “Our job now is to keep flattening it to the point where our day-over-day increase is ZERO.”Murphy stressed, “if we keep up with our current practices, we can get through the peak with the hospital beds that we’re preparing.”But added, “if we relax our social distancing, our health care system will be overrun with a surge FOUR TIMES what it could be. That would be literally disastrous.”“This isn’t over — not by a long shot,” the governor warned.Murphy said he is signing an executive order to allow retired public employees to return to work without impacting pension status.2:27 p.m.: Wis. governor suspends in-person voting for Tuesday’s primaryWisconsin Gov. Tony Evers, a Democrat, signed an executive order Monday suspending in-person voting for Tuesday’s election, a striking move after the governor resisted taking unilateral action for weeks leading up to the contest. Evers’ order calls for moving in-person voting to June 9.This comes after the Republican-controlled state legislature Monday morning, in a slight to Evers, adjourned a special session he called to make changes to the election.After Evers’ order, the two top Republicans, Wisconsin House Speaker Robin Vos and state Senate Majority Leader Scott Fitzgerald, said they were “immediately challenging this executive order in the Wisconsin state Supreme Court.”1:26 p.m.: Louisiana deaths increase by 38%In hard-hit Louisiana, statewide deaths jumped 38.3% over the weekend. Louisiana now has a total of 512 fatalities, according to the state’s Department of Health.The number of diagnosed COVID-19 cases made a 44.3% leap over the weekend, now at a total of 10,297 in the state.Of those hospitalized in Louisiana, 31.1% of the patients are on ventilators, according to the Health Department.Among the coronavirus-related deaths was a baby girl born prematurely because her mother was on a ventilator and needed oxygen, Dr. William “Beau” Clark of the East Baton Rouge Parish Coroner’s Office told ABC News.It is not clear if the baby was infected with the coronavirus, Dr. Clark said.Only two of Louisiana’s 64 parishes have zero confirmed cases.“It is absolutely critical that you avoid close contact with others,” New Orleans Mayor LaToya Cantrell tweeted Monday.“It is going to take all of us doing our part and being good neighbors to help flatten the curve and slow the spread,” Gov. John Bel Edwards tweeted.12:32 p.m.: New York state death toll reaches 4,758In New York — the state hit hardest by the pandemic — the death toll has reached 4,758, Gov. Andrew Cuomo said Monday, though he said the rate of death has been “effectively flat for two days.”New York has the highest death toll in the U.S. by far.More than 130,000 people in New York state have been diagnosed with the coronavirus.Cuomo said the total number of hospitalizations, ICU admissions and daily intubations are down, which “suggest a possible flattening of the curve.”While New York may have reached the apex of coronavirus infections, the governor added, what happens next “still depends on what we do.”If the state is plateauing, it is because social distancing is working so that must continue, said Cuomo.Also, the state’s health care system “is at maximum capacity today,” according to the governor. “The staff cannot work any harder. And staying at this level is problematic.”“There’s also a real danger in getting overconfident too quickly. This is an enemy we have underestimated from day one and we have paid the price dearly,” Cuomo said.Schools and non-essential businesses will remain closed until April 29, Cuomo said.Cuomo lectured those who congregated in New York City’s squares and parks this weekend and said he’s increasing the maximum fine to $1000 for violating the social distancing protocol.“Now is not the time to be lax. It is a mistake,” the governor said.“If I can’t convince you to show discipline for yourself,” Cuomo said, then do it for others, like the health care workers “putting their lives on the line.”11:55 a.m.: Another 439 deaths in UK in 24 hoursAt least 5,373 patients in the United Kingdom have died from the coronavirus, as of Sunday night. That marks an increase of 439 deaths in 24 hours, according to the Department of Health and Social Care.Over 51,000 people in the United Kingdom have tested positive for COVID-19, including Prime Minister Boris Johnson and Prince Charles, heir to the British throne.11:43 a.m.: Masters rescheduled for NovemberThe Masters plans to reschedule 2020’s April tournament for Nov. 9 to 15.“We want to emphasize that our future plans are incumbent upon favorable counsel and direction from health officials,” Fred Ridley, chairman of Augusta National Golf Club, said in a statement Monday. “Provided that occurs and we can conduct the 2020 Masters, we intend to invite those professionals and amateurs who would have qualified for our original April date and welcome all existing ticket holders to enjoy the excitement of Masters week.”9:48 a.m.: Spain sees infection rate drop in ‘almost all regions’The novel coronavirus outbreak in Spain appears to be slowing down as the number of new infections drops in “almost all regions,” a health ministry official said.“The growth rate of the pandemic is decreasing in almost all regions,” Maria Jose Sierra, with the Spanish Ministry of Health’s emergency committee, said in a virtual press briefing Monday.Sierra cautioned that it will take a few days to “confirm this tendency.”Monday’s data from the Spanish health ministry shows that 637 people died from COVID-19 in the past 24 hours — the lowest daily toll, percentage-wise, since early March — bringing the nationwide death toll to 13,055. The country also reported 4,273 new cases, bringing the nationwide total to 135,032.Spain has the second-highest national tally of diagnosed COVID-19 cases in the world, behind the United States, according to a count kept by Johns Hopkins University.Sierra said around 19,400 health workers in Spain have been infected with the novel coronavirus, accounting for nearly 15% of the total number of cases.Over the weekend, Spanish Prime Minister Pedro Sanchez announced that he would ask parliament to extend the country’s state of emergency by two more weeks, taking the lockdown on mobility until April 26.“Flattening the curve was our first objective. We’re getting close. But I ask everyone for sacrifice and resistance,” Sanchez said in a televised address. “The next objective is to reduce infections even more until the number of new contagions is lower than the number of people recovering each day.”Adm. Brett Giroir, assistant secretary for health at the U.S. Department of Health and Human Services, warned Americans that this will be the “peak week” of the novel coronavirus outbreak for some states and cities.“For parts of the country, particularly New York, New Jersey, Connecticut, Detroit, this week is going to be the peak week,” Giroir told ABC News chief anchor George Stephanopoulos in an interview Monday on Good Morning America.“It’s going to be the peak hospitalization, peak ICU week and, unfortunately, peak death week,” he added. “But that doesn’t mean we’re over this week. There are other parts of the country that will peak a little bit later, like New Orleans. So we have to be very, very serious about what’s happening this week, next week, the following weeks — do the physical distancing, wear the masks, that’s how we’re going to defeat this virus.”Giroir, a medical doctor and a key member of the White House coronavirus task force, said the country has “come a long way” in ramping up its COVID-19 testing capacity.“As of yesterday we’ve conducted at least 1.67 million tests, and we don’t even get information from all of the laboratory-derived tests. These are the ones that are in the hospitals that don’t really report up through the system,” he said. “We’ll do about a million tests this week, and that’s plenty enough tests for the people who really need it in the priority groups — those who are hospitalized, health care workers, elderly.”Giroir said they are also working on scaling up serologic testing, more commonly known as an antibody test, which only requires a drop of blood and sniffs out virus antibodies. The test can’t detect whether an individual presently has the virus, but it can tell if they already had it or had been exposed to it at some point in the past because their immune system has developed antibodies to fight it.“That’s very important as we think about reopening the country and the economy,” Giroir said, “because if you have had the virus and you have an immune response to it, in all probability you are immune and safe from the virus.”Giroir said he’s “very optimistic” that the country will soon have “tens of millions” of serologic tests, potentially by May.“There are several that are going through the FDA right now,” he added.6:42 a.m.: State of emergency looms in JapanJapanese Prime Minister Shinzo Abe said he intends to declare a state of emergency over the country’s novel coronavirus outbreak amid a recent surge in infections.During a press conference Monday, Abe said he was making final arrangements for the declaration and would announce it as soon as Tuesday. The order would last for about a month and would apply to seven prefectures that includes major cities such as Tokyo, which has seen a jump in new infections in recent days.The extent of the emergency measures were not fully known Monday, but the declaration would give prefectural governors the power to ask people to stay home. Local media reports say public transportation and supermarkets would remain open.As of Monday, at least 3,654 people in Japan have been diagnosed with COVID-19 and 85 of them have died, according to a count kept by Johns Hopkins University.The Japanese government has admitted that infection routes cannot be traced in an increasing number of cases.The U.S. Embassy in Tokyo issued a stark warning to Americans in Japan on Friday, saying those who wish to return should do so now or risk being stuck there “for an indefinite period.”“For U.S. citizens now in Japan, if you plan to return to the United States, we recommend that you arrange for an immediate departure. Failure to do so could mean staying abroad for an indefinite period,” the embassy said in the alert. “As compared to the number of positive cases and hospitalizations in the United States and Europe, the number of reported COVID-19 cases in Japan remains relatively low. The Japanese Government’s decision to not test broadly makes it difficult to accurately assess the COVID-19 prevalence rate.”3 a.m.: US Forces Japan declares public health emergencyThe commander of the United States Forces Japan on Monday announced a public health emergency for the Kanto Plain “due to the steady increase” of novel coronavirus infections in nearby Tokyo.The declaration, which will remain in effect through May 5, gives commanders the authority to enforce compliance of health protection measures on those who live and work on all U.S. Army, Navy, Air Force and Marine installations and facilities located on the Kanto Plain, the largest lowland in Japan that covers more than half of the eastern Kanto region, including Tokyo.“Protecting the health and safety of everyone associated with U.S. Forces Japan is my number one priority,” Lt. Gen. Kevin Schneider, U.S. Forces Japan commander, said in a statement Monday. “I cannot underscore enough the importance of personal responsibility at a time like this. Stopping the spread of COVID-19 requires the entire team — service members, civilians, families, and our Japanese partners.”The announcement comes as the daily count of new COVID-19 cases in the Japanese capital have jumped in recent days, from 78 on March 31 to 143 on Sunday, according to data published on the Tokyo Metropolitan Government’s website.Last month, an active duty member of the U.S. Forces Japan tested positive for COVID-19.In total, 1,033 people have tested positive for the disease in Tokyo and 30 of them have died, according to the government’s website. A count kept by Johns Hopkins University show’s Japan’s nationwide tally is up to 3,654 diagnosed cases and 85 deaths. Copyright © 2020, ABC Audio. All rights reserved.last_img read more