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DEBATE: With Italy now in recession, is the nation facing an economic crisis?

first_img GDP growth has been negative over two consecutive quarters. While this may not develop into a full-blown financial meltdown, there are certainly grounds to worry.The government has just passed a budget that is expected to inflate the already gargantuan deficit. With the spread between Italian and German bonds widening with every reckless move of this populist administration, there is little hope for the notoriously weak Italian banks to weather a storm.The announcement also reveals further depths of the Italian crisis. The administration is in chaos – hardly a news cycle goes by without a minister giving a pitiful display of incompetence. Meanwhile, the opposition is too divided to intervene, relations with Europe deteriorate, and the real issues of the country go unsolved.Italy’s crisis is not only economic – it is political and cultural too. And this cannot be cured by an economic boom, fictional or otherwise.Dominic Standish, academic and author of Venice in Environmental Peril? Myth and Reality, says NO.Italy has serious economic problems, but a crisis is not imminent. City A.M.’s opinion pages are a place for thought-provoking views and debate. These views are not necessarily shared by City A.M. Opinion DEBATE: With Italy now in recession, is the nation facing an economic crisis? Share Friday 1 February 2019 7:55 am More From Our Partners A ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgColin Kaepernick to publish book on abolishing the policethegrio.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgFort Bragg soldier accused of killing another servicewoman over exthegrio.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgFans call out hypocrisy as Tebow returns to NFL while Kaepernick is still outthegrio.comKansas coach fired for using N-word toward Black playerthegrio.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comMan on bail for murder arrested after pet tiger escapes Houston homethegrio.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comPorsha Williams engaged to ex-husband of ‘RHOA’ co-star Falynn Guobadiathegrio.comMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.comLA news reporter doesn’t seem to recognize actor Mark Currythegrio.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comcenter_img Tags: Trading Archive whatsapp whatsapp With Italy now in recession, is the nation facing an economic crisis?Beatrice Faleri, economist and freelance writer originally from Italy, says YES.Less than a month ago, Italy’s Prime Minister boasted of a forthcoming “economic boom”. Yesterday, in a somewhat comical U-turn, he reported that, in fact, the country has entered an economic recession. Beatrice Faleri and Dominic Standish The latest data for GDP reveals that Italy’s economy was technically in recession during the second half of 2018. This continues protracted stagnation, as GDP has not recovered to 2008 levels. Yet stagnation is not the same as a crisis, which requires a number of trends to converge and precipitate a loss of confidence.A key current indicator of confidence in the Italian economy is the sale of Italian bonds. “The data from the auction of BTP bonds are highly encouraging,” stated Luigi Di Maio, Italy’s deputy prime minister, on Thursday. He added: “that means there is great confidence in our country”.In 2018, there were much more problematic periods in the Italian bond market than at present. While limits imposed by the European Union on Italy’s budget deficit constrain growth, if these could be avoided more government investment would help avert a future crisis. last_img read more


Cold weather hits February retail sales

first_img by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailMaternity WeekA Letter From The Devil Written By A Possessed Nun In 1676 Has Been TranslatedMaternity WeekGundry MD Bio Complete 3 SupplementTop Heart Surgeon: This Simple Trick Helps Empty Your Bowels Every MorningGundry MD Bio Complete 3 Supplementzenherald.com20 Rules Genghis Khan’s Army Had To Live Byzenherald.comMagellan TimesThis Is Why The Roy Rogers Museum Has Been Closed For GoodMagellan TimesComedyAbandoned Submarines Floating Around the WorldComedyNoteableyKirstie Alley Is So Skinny Now And Looks Like A BarbieNoteableyDefinitionThe Most Famous Movie Filmed In Every U.S. StateDefinitionGameday NewsNBA Wife Turns Heads Wherever She GoesGameday News Share Show Comments ▼ Express KCS More From Our Partners Astounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgKiller drone ‘hunted down a human target’ without being told tonypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comRussell Wilson, AOC among many voicing support for Naomi whatsappcenter_img Thursday 5 March 2015 8:44 pm HIGH STREET sales declined in February as the cold weather put consumers off shopping and offset a boost in sales from Valentine’s Day.Mid-market retailers saw sales drop by 0.2 per cent year-on-year, despite easy comparatives on last years when flooding hit large parts of the country. The fashion sector took the biggest hit with a 0.6 per cent decline despite Valentine’s Day promotions helping to drive a 2.2 per cent uplift in fashion sales over that period..Sophie Bevan, the head of retail and wholesale at BDO, said:“Consumers are still reeling from the longest decline in living standards this century, and they only spend when they see something they need. But as the weather improves, people will start looking at spring fashion lines and thinking about their homes and gardens.”Homewares were the only category that performed well, with sales up 6.6 per cent, while sales of lifestyle items were down 0.1 per cent. Tags: NULL Cold weather hits February retail sales whatsapplast_img read more


LIVE BLOG: Follow the SFC double header, IFC and JFC action

first_img Twitter TAGSLive Blog Community LIVE BLOG: Follow the SFC double header, IFC and JFC action Twitter Pinterest WhatsApp Previous articleProperty Watch: Five of the best apartments currently for sale around LaoisNext articleMoment in Time: Some quality photos from the Durrow Scarecrow Festival in 2011 Alan HartnettStradbally native Alan Hartnett is a graduate of Knockbeg College who has worked in the local and national media since 2008. Alan has a BA in Economics, Politics and Law and an MA in Journalism from DCU. His happiest moment was when Jody Dillon scored THAT goal in the Laois senior football final in 2016. Community Rugby SEE ALSO – Eight young players to watch out for in the intermediate football championship Five Laois monuments to receive almost €200,000 in government funding center_img RELATED ARTICLESMORE FROM AUTHOR Charlie Flanagan on Electric Picnic: ‘I’d ask organisers to consult with community leaders’ Home Sport GAA LIVE BLOG: Follow the SFC double header, IFC and JFC action SportGAAGaelic Football We’ve reached the final day of the first week of football championship action in Laois.Today will see four senior football matches, two intermediate football games and one junior match.And our first live blog of the day will focus on the double header in O’Moore Park as well as one of the intermediate games and one of the junior matches.It all gets underway at 12.30pm when Clonaslee-St Manman’s Gaels take on Killeshin in O’Moore Park.And that game will be followed at the same venue by Arles-Killeen and 2017 intermediate champions Emo.Meanwhile, also at 12.30pm, St Joseph’s and Timahoe are in Ratheniska to begin their intermediate campaigns for this year.And the fourth game that will be featured in this blog sees The Heath host Kilcavan in the first round of the junior championship.From the team that won Division 3 of the league a few weeks ago, The Heath lost seven of the team that played that night to their seniors who were defeated by St Joseph’s last night.JP Nerney, Mark Dowling, Liam Kinsella, Shane Forde, Mark Dunne, Cathal Whelan and Neil Keane are now all ineligible after playing at the higher grade.We will have reporters at all three venues and you can follow all the action as it happens below: Ten Laois based players named on Leinster rugby U-18 girls squad Pinterest Facebook Facebook By Alan Hartnett – 29th July 2018 WhatsApplast_img read more


In Pictures: Michael Martin in Portarlington during visit to Kildare South constituency

first_img Facebook Charlie Flanagan on Electric Picnic: ‘I’d ask organisers to consult with community leaders’ New Arles road opens but disquiet over who was invited to official opening Laois secondary school announces scholarship winners for new academic year WhatsApp Twitter Community In Pictures: Michael Martin in Portarlington during visit to Kildare South constituency Twitter Previous articleRemembering the day the Laois hurlers relegated Offaly in 2004Next articleOver 40 local businesses to attend Killeshin Hotel Wedding Extravaganza this weekend LaoisToday Reporter The boundary changes that moved Portarlington, Killenard and Ballybrittas into the Kildare South constituency for the next General Election will only become real when voters go to the polls but there was a sign of changed times in the town on Thursday afternoon with Fianna Fáil party leader Michael Marting visiting alongside local TD Fiona O’Loughlin from Rathangan.The Fianna Fáil leader canvassed parts of the town and then dropped into Fifty Seven Boutique where he was greeted by a packed premises, including party supporters, local councillors and candidates and a handful of bewildered children.Host for the day was Mary Miller, propietor of Fifty Seven, and chairperson of the party’s Vicarstown cumann.”We’ve has many party leaders go up and down the street over the years,” quipped Mary as she welcomed Martin, “but this is the first time we managed to get one in the door!”Indeed it wasn’t the first Fianna Fáil themed event in the building in recent times.Ahead of the 2014 Local Elections, candidate Dick Miller addressed supporters during a canvass of the town while Seán Fleming did likewise in 2016 ahead of that year’s General Election.Mary also organized a trip to Dail before Christmas, bringing 42 women on a bus from Portarlington as guests of Fiona O’Loughlin.Deputy O’Loughlin was obviously among those in attendance, along with Laois councillors Padraig Fleming and Pauline Madigan and Portarlington-based Local Election candidate Deirdre O’Connell-Hopkins. Home News In Pictures: Michael Martin in Portarlington during visit to Kildare South constituency NewsPolitics WhatsApp Council RELATED ARTICLESMORE FROM AUTHOR TAGSDeirdre O’Connell-HopkinsDeputy Fiona O’LoughlinFianna FailMichael MartinPortarlington Pinterest Other long-serving stalwarts of the party included Tim Kearney, Joe O’Dwyer and Mick Territt as well as packed house of all ages, with three-month-old Pauric O’Connell from Rathangan, there with his mother Grace, the youngest present.Mary paid special mention to the Deputy O’Loughlin. “There was a bit of worry around here when Portarlington was moved to Kildare but we’ve gained a very hard-working TD in Fiona and we’re lucky to have someone of her calibre.”Michael Martin thanked those for coming out to welcome him and wished the Local Election candidates the best of luck in May.Check out some pictures from the visit below: Pinterest Community Facebook By LaoisToday Reporter – 15th February 2019 SEE ALSO – Remembering the day the Laois hurlers relegated Offaly in 2004last_img read more


Senator Morris Satisfied With Work to Make Sabina Park Accessible to Disabled

first_imgSenator Morris Satisfied With Work to Make Sabina Park Accessible to Disabled UncategorizedOctober 25, 2006 RelatedSenator Morris Satisfied With Work to Make Sabina Park Accessible to Disabled FacebookTwitterWhatsAppEmail Minister of State for Labour and Social Security, Senator Floyd Morris, has expressed satisfaction with the progress of the work at Sabina Park, to make the facility more accessible for persons with disability, in time for the ICC World Cup Cricket 2007.Senator Morris, who spoke to journalists yesterday (Oct. 24) after a tour of the facilities, said that adequate ramps were in place and the bathroom facilities, the bar area, as well as the elevators, were very accessible for the physically challenged.“There is a lowering of the (bar) counter to ensure that a person in wheelchair can access it as well. The elevators have Braille inscription on them, there are also designated seating areas in the stands, for persons with disabilities and their spouses if they so desire,” he informed.He noted that although he was pleased with the progress at Sabina Park, “we would like to have Braille inscription on the outer-side of the elevator to make sure that it indicates to the blind person that this is where the elevator is. That is not a major problem.this is something that can be installed at any time”.The work at Sabina Park is part of the ‘Friendly City 2007 project’ to promote Jamaica as a disabled-friendly destination.Under the project, work would be carried out on designated sidewalks in New Kingston, from Trafalgar Road to Knutsford Boulevard and Oxford Road; South Camp Road; Tom Redcam Drive leading to Sabina Park; Collie Smith Drive; in the Allman Town area and in Port Royal.“The Friendly City 2007 project is expected to see the installation of ramps, the fixing of cracks on the sidewalks in these designated areas, so that wheelchair users can have access to the road. in time for World Cup cricket 2007,” he explained. RelatedSenator Morris Satisfied With Work to Make Sabina Park Accessible to Disabledcenter_img Advertisements RelatedSenator Morris Satisfied With Work to Make Sabina Park Accessible to Disabledlast_img read more


Children still doing it tough under Jacinda Ardern

first_imgChildren still doing it tough under Jacinda Ardern The New Zealand National PartyReducing child poverty was a flagship promise by Prime Minister Jacinda Ardern but the latest report shows that once again her Government has failed to deliver on its promises, National’s spokesperson for Children Dr Shane Reti says. /Public Release. This material comes from the originating organization and may be of a point-in-time nature, edited for clarity, style and length. View in full here. Why?Well, unlike many news organisations, we have no sponsors, no corporate or ideological interests. We don’t put up a paywall – we believe in free access to information of public interest. Media ownership in Australia is one of the most concentrated in the world (Learn more). Since the trend of consolidation is and has historically been upward, fewer and fewer individuals or organizations control increasing shares of the mass media in our country. According to independent assessment, about 98% of the media sector is held by three conglomerates. This tendency is not only totally unacceptable, but also to a degree frightening). Learn more hereWe endeavour to provide the community with real-time access to true unfiltered news firsthand from primary sources. It is a bumpy road with all sorties of difficulties. We can only achieve this goal together. Our website is open to any citizen journalists and organizations who want to contribute, publish high-quality insights or send media releases to improve public access to impartial information. You and we have the right to know, learn, read, hear what and how we deem appropriate.Your support is greatly appreciated. All donations are kept completely private and confidential.Thank you in advance!Tags:Ardern, children, Government, Minister, New Zealand, New Zealand National Party, nzpol, Prime Ministerlast_img read more


Chemistry Of Light Topic Of CU Wizards March 23 Show

first_img Published: March 11, 2002 The origin of light will be explained through a number of experiments, including some explosive chemical reactions, during the Saturday, March 23, CU Wizards show “The Chemistry of Light.” Kathy Rowlen, a chemistry and biochemistry professor at the University of Colorado at Boulder, will present the show at 9:30 a.m. in Cristol Chemistry and Biochemistry, room 140. The free hour-long show is intended primarily for students in grades five through nine. CU Wizards is an annual series presented on the last Saturday morning of each month during the school year and covers topics in astronomy, chemistry and physics. During the show, Rowlen will demonstrate how light is created by a wide range of processes, including chemical reactions. Since combustion is a chemical reaction, the show will feature plenty of fireworks, she said. Student volunteers will get to assist the wizard in some of the demonstrations including handling light sticks and preparing chemical reactions. Free parking for the March 23 show is available in lot 169 northeast of Folsom Stadium off Folsom Street, lot 396 off Stadium Drive, lot 378 southeast of Folsom Stadium, lot 436 east of the Engineering Center and lot 308 south of Regent Drive and west of Kittredge Loop Road. Parking also is available in the Euclid Avenue Autopark for a nominal fee. For information about the CU Wizards series call (303) 492-6952 or visit the Web site at Share Share via TwitterShare via FacebookShare via LinkedInShare via E-maillast_img read more


Chancellor honors 4 staff members as employees of the year

first_imgShare Share via TwitterShare via FacebookShare via LinkedInShare via E-mail Devin Cramer serves as the assistant dean of students, Division of Student Affairs. Devin has played a pivotal role in advocating for students while simultaneously managing their student journey within the constraints of COVID-19. Devin has been instrumental in managing relationships on the Hill and working with the broader Boulder community to keep both our students and community safe. Devin and his colleagues worked diligently to update the Student Code of Conduct to reflect urgent public health obligations and the heightened expectations of student behavior during the pandemic.As one nominator shared: “Devin’s leadership style reflects thoughtfulness, intentionality, generosity, and empathy. He is quick to listen and provides a platform for students and colleagues to brainstorm, voice concerns, and receive support.”Devin’s unwavering commitment to CU students and his work to ensure they have the best possible experience under the most difficult of times reflects positively on us all.Anne McWilliams Tim Golden is the director of Transportation and Distribution Services. Tim has been instrumental in readying and outfitting the campus in response to the COVID-19 pandemic. Among his many contributions this year, Tim has coordinated the outfitting of over 500 labs, managed PPE and HVAC systems for the entire campus, adapted Buff Bus service levels in response to COVID-19, and redeveloped the campus distribution center to accommodate remote working, learning and teaching. One nominator said the following: “Tim’s professionalism, inspiring leadership and dedication to mission speaks volumes about his character and to CU Boulder’s success.”Tim was actively involved in the development and execution of the Road Map to Fall 2020, which outlined campus preparations for a COVID-19-ready campus for the fall semester. Additionally, Tim guided teams in the reconfiguration of classrooms for social distancing. Tim is known as a compassionate and thoughtful leader and his work has ensured that operations on campus could continue safely. Lisa Landis Published: Nov. 12, 2020 Chancellor Phil DiStefano has announced the recipients of the 2020 Employee of the Year awards. The annual awards are presented to CU Boulder staff in recognition of their outstanding contributions to the operations and success of CU Boulder. This year, nominators were asked to highlight exceptional contributions of employees in response to the COVID-19 pandemic. Twenty-nine employees were nominated by their colleagues for their exceptional service and contributions, and the winners selected this year were part of an outstanding group of candidates. All of this year’s winners have shown incredible strength and commitment to our operations, our staff, our students and the Boulder community during the pandemic. They represent the best of CU. Congratulations to the 2020 award recipients: Tim Golden, Lisa Landis, Devin Cramer and Anne McWilliams.We are Buffs together.Tim Goldencenter_img Lisa Landis is the assistant vice chancellor of employee relations. Lisa has been a true campus leader, navigating the challenges of COVID-19 for CU employees. Lisa has managed changes in leave administration, FMLA guidance, and navigated Governor Jared Polis’s executive order on Safer at Home for all employee and faculty groups on campus. During a difficult time Lisa has met the significant challenges to the campus with compassion and effective leadership. In the words of one nominator: “She consistently models the ideals of unbreakable perseverance, growth mindset, adaptability, empathy, and humility.”Lisa has played a significant role implementing virtually every major initiative impacting staff during COVID-19: from the Family First Coronavirus Response Act (FFCRA) to guidance on returning employees to work on campus; from guidance to supervisors on managing a safe work environment to employee surveillance testing. Lisa’s proven leadership during the pandemic is a testament to her commitment to providing the best workplace for her fellow employees. Devin Cramer Anne McWilliams is the director of undergraduate academic affairs for the Department of Chemistry. Anne provides course scheduling guidance and aid to the hundreds of biochemistry and chemistry majors and the thousands of students from other departments enrolled in general chemistry. Anne assists students in resolving course scheduling conflicts, and is instrumental in helping students move into course sections, recitations and laboratories. Anne rose to the challenges of the pandemic by adjusting hundreds of course time offerings and adapting the way she works with students. When room occupancies were reduced, Anne rescheduled 170 labs and recitations with creative combinations of space and technology in order to still provide an in-person experience for students.   One of Anne’s nominators stated: “She handles all obstacles, even the most intractable, with aplomb and practicality. She never presents a bureaucratic front for students; instead, she consistently treats even the most difficult individuals with great respect and a proactive, problem-solving attitude.”Anne continues to meet with students via email, Zoom or on the phone, to ensure that their coursework will continue on schedule, that they are able to participate in first-year cohorts for labs, and to provide them with the institutional support they need in their academic studies. In her over 40 years as an employee at CU, Anne has proven to be an institution unto herself and an invaluable partner to all of the CU community. Categories:Deadlines & AnnouncementsCelebrateCampus Communitylast_img read more


The Cork Supply Group Introduces VINC

first_img TAGScorkCork SupplyfeaturedVINCWine Closure AdvertisementNew Line of Micro-Agglomerated CorksJanuary 23, 2017—São Paio de Oleiros, Portugal—The Cork Supply Group (CSG) is pleased to introduce VINC, a new line of TCA taint free* micro-agglomerated corks that offers a range of very low oxygen transfer rates.With an increasing number of the world’s wines now closed by technical corks, Cork Supply Group is proud to help raise quality standards in this important market. While standard practice in the industry is to evaluate TCA levels by bulk soaks, CSG has pushed the standard further in the interest of delivering superior technical corks. Every VINC cork is evaluated for TCA not by lot, but on an individual basis, cork by cork.VINC is the first new product line to be launched from the company’s dedicated technical cork facility, Cork Supply Portugal 4 (CSP4). The new facility is an integral part of the company’s commitment to high quality standards and environmental stewardship and is managed by a seasoned team of experts with a combined 40 years of experience in the production of technical corks. Executive Director, Antonio Bastos and Production Supervisor, Manuel Antonio Ferreira, now operate one of the world’s most advanced technical cork factories. The new line strengthens Cork Supply’s vision to produce technical cork closures that add value to the marketplace.“The VINC product line is the result of the work of our focused research and development team,” says Jochen Michalski, CSG’s founder.  “We opened CSP4 last year to be able to offer taint free, best-in-class micro-agglomerated corks produced from 100% of our own high quality raw cork materials. As Cork Supply integrates rigorous quality controls during harvesting and production of our natural corks, all remaining cork materials from that production are of very high quality.”The TCA taint free VINC line of technical corks is a result of the new, improved VAPEX process from the Cork Supply research and development team. VAPEX is a batch cleaning process that reduces TCA on cork granules through effective mass and heat transfer.The VINC family currently includes three different technical corks, with additional products still in development:VINC with granules sized 0.5 to 2 mm and an oxygen transfer rate of 0.002 cc/dayVINC + with granules sized 0.5 to 1 mm and an oxygen transfer rate of 0.0017 cc/dayVINC Cuvée for sparkling wines with granules from 0.5 to 2 mm*releasable TCA less than or equal to 0.5 ng/LNote: Cork Supply USA will be at UNIFIED January 24-26 at the Sacramento Convention Center, Booth #1110. Samples of the new VINC micro-agglomerated cork will be available.About Cork SupplySince its founding in 1981 by Jochen Michalski, the Cork Supply Group has been redefining quality through innovation, superior service, and expertise. The company is an ISO-certified producer of premium closure products for the global wine industry, including natural corks, CS and Cuvée technical corks and Talis bartops. In addition, the Group offers labels from the award-winning Studio Labels, as well as traditional handcrafted, custom-finished French and American oak barrels and Creative Oak alternatives from their state-of-the-art cooperage, Tonnellerie Ô. The Group serves as distributor for products from Nomacorc, Guala Closures, Sparflex, Rivercap and Herti, and operates their own production facilities in all corners of the globe, including Europe, Australia, South Africa, Argentina, China, and the United States, providing services to wineries in more than thirty countries. See more at: Previous articleZinfandel Advocates & Producers Unveils the Culinary Offerings for the Upcoming Zinfandel Experience (ZinEX) Grand Tasting taking place February 25, 2017, at Pier 27 in San FranciscoNext articleASEV Responds to Industry’s Growing Concerns About Smoke Taint by Assembling Leading Experts at June National Conference Press Release Facebook Share Twitter Home Industry News Releases The Cork Supply Group Introduces VINCIndustry News ReleasesWine BusinessThe Cork Supply Group Introduces VINCBy Press Release – January 23, 2017 186 0 Email ReddIt Pinterest Linkedinlast_img read more


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