Source: www.modernghana.com --- Thursday, August 08, 2013 Abena Safoa Amoako Gyimah of Sa4a Designs has once again represented Ghana positively at the ongoing Africa Fashion Week London 2013. She showcased a new set of 10 collections at the event, which has always taken pride in providing African and African inspired designers an affordable platform to share their work with a global audience and inter ... ...
Jose Aldo defended his featherweight belt with a broken foot, already making him tougher than the average man. Now, a report out of Brazil shows how ridiculously tough the man is. Aldo also had kidney stones.
He checked into a hospital in Rio de Janeiro this week to deal with the kidney stones, a problem he has had before. The Mayo Clinic says kidney stones bring with them severe pain in the abdomen. Even if the stones were just starting to become a problem on Saturday, it's a whole lot to deal with while also fighting Chan Sung Jung with a broken foot.
Brian Gregan fell disappointingly short of the gold medal he so strongly targeted at the World University Games in Kazan, finishing fifth in the 400 metres final in what proved to be an ultra competitive race.
The DCU student was the fastest qualifier for the final, but lacked his usual power coming into the homestretch, Russia?s Vladimir Krasnov finishing fastest of the lot in lane eight to claim the home victory in a season best of 45.49 seconds.
That left Krasnov just .01 ahead of Brazil?s Adreson Henriques, yet Gregan was never even in a medal winning position, taking fifth in 45.83 ? down on his season best of 45.53, and in fact equalling his fifth place finish of two years ago. Earlier, Jessie Barr finished sixth in the final of the 400m hurdles, clocking 57.65, also someway outside her best, as the gold medal went to Anna Titimets of Ukraine in an excellent 54.64.
Source: www.washingtonpost.com --- Wednesday, July 10, 2013 House Republicans have put forward a bill that would cut the Internal Revenue Service's budget by nearly one-quarter for fiscal 2014. The measure would give the IRS $9 billion for fiscal 2014, representing a 24-percent reduction compared to the previous budget cycle and the lowest amount of funding for the agency since 2001. Read full article >> ? ? ? ? ...
PORT OF SPAIN, Trinidad, Jul 08 (IPS) - When James Husbands, a 24-year-old Barbadian businessman, began weighing the possibility of manufacturing solar water heaters, there was already a prototype on the island that had been designed and installed by an Anglican priest living there in the early 1970s.
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A market study on the viability of producing solar water heaters had been done by a local NGO. This study, coupled with the Barbados government's imposition of import duties on the solar water heaters sold by an Australian company to the island, convinced James that the time was right to enter the field.3
Husbands, now managing director of Solar Dynamics, told the IPS that government support in the late 1970s was crucial to the success of his venture in the early days. Barbados currently has the fifth highest penetration worldwide of solar water heaters per thousand households.
Arnaldo Vieira de Carvalho, a specialist in the Energy Division of the Infrastructure and Environment Sector of the Inter-American Development Bank, told IPS that Latin America and the Caribbean use renewable energy (RE) in much greater proportion than any other region, although much of that is hydropower and biofuels. The use of wind and solar remain quite small.
IDB and its partners have sponsored a competition since 2009 for RE and Energy Efficiency projects in the Caribbean, the winners of which receive up to 100,000 dollars in financing and technical support. Eight winners were selected last year. The competition, IDEAS, has among its criteria that winners' projects should benefit the poor, gender equity, and indigenous communities.
An added incentive to accelerate the slow pace of RE development, even though the region is not a major source of fossil fuel emissions, is the spate of devastating natural disasters over the past decade.
Ulric Trotz, deputy director and science adviser of the Caribbean Community Climate Change Centre (CCCCC), told IPS in an e-mail, "Extreme weather events (often associated with climate change) have caused significant damage to the region. For example, Hurricane Ivan in Grenada wiped out approximately 200 percent of her GDP in 2004. Similarly, a one in 100-year flood in Guyana in 2005 wiped out more than 60 percent of that country's GDP in that year, moving it from a positive growth position to a negative real growth."
Consequently, Caribbean governments have begun taking a more proactive approach to promoting the development of renewable energy, establishing an Energy Unit at the Caricom regional headquarters which works in conjunction with the CCCCC.
Trotz said promoting renewable energy is important, because "by diverting costs away from the importation of fossil fuels, countries will have additional resources from the savings to put towards building resilience to the impacts of Climate Change and Climate Vulnerability.
"It is not just the conversion to renewable energy but energy efficiency" that the region is focusing on, he said.
He added that "pooling RE projects across the region might have a catalytic effect of encouraging investment as this may significantly lower transaction costs and make investment more attractive."
The Caribbean, apart from Trinidad and Tobago, which is an oil producer, currently spends billions on the importation of fossil fuels every year. In May, while on a visit to Trinidad, U.S. Vice President Joe Biden made the point that energy costs in the region need to be lowered and the use of renewable energy increased.
"There's probably no group of nations better situated to take advantage of renewable energy possibilities than here in the Caribbean. And we know that many Caribbean nations pay three times more for energy than we do in the United States of America? are working together on this, looking to invest in connected regional grids to create economies of scale and renewable energy - economies of scale that are driven by renewable energy," he said.
The region has also sought the assistance of European Union partners, and launched the Caribbean Renewable Energy Development Programme with the major objective of strengthening the ability of Caribbean countries to mobilise investors to make the shift from conventional energy investment to renewable energy investment.
According to Thomas Scheutzlich, principal advisor of the Caribbean Renewable Energy Program (CREDP) since 2003, lack of an enabling legal policy framework and lack of well-defined bankable project proposals have been major barriers to the development of RE projects in the Caribbean region.
Scheutzlich has overall responsibility for implementation of the CREDP programme on behalf of the German consultancy company Projekt-Consult GmbH, which is charged by the German Agency for International Cooperation (GIZ) with the implementation of CREDP. Germany is responsible for 80 percent of CREDP's funding.
One problem is that many banks in the region are unsure of the economic soundness of RE ventures and are unable to judge the risks inherent in such new technology, Scheutzlich said. The lack of government guarantees also makes traditional banks reluctant to back such ventures.
However, regional and international banks such as the Inter-American Development Bank (IDB), the European Investment Bank, and the Caribbean Development Bank "are all looking for bankable energy projects and offer financing," he said.
Scheutzlich added that, "There is still a widespread and general lack of understanding of the potential of indigenous energy sources and energy efficiency throughout the society. Subsequently, governments cannot promote what they do not understand and utilities do not promote what they are not supplying themselves."
Utility companies in the region generally have universal monopoly over the generation, transmission, distribution, and sale of electricity. "This is their traditional business model and they will only divert from that model if it is economically attractive" for them to do so, he said.
But despite the slow pace in the Caribbean, during the last few years the energy landscape has been "positively changing with the change processes accelerating and gaining a certain dynamism, and this is exactly what CREDP wants to trigger."
? Inter Press Service (2013) ? All Rights ReservedOriginal source: Inter Press Service
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Over a Barrel, Caribbean Seeks Finance for Clean Energy, Inter Press Service, Monday, July 08, 2013 (posted by Global Issues)
On July 8, during the meeting with Valdis Dombrovskis, Prime Minister of the Republic of Latvia, Joachim Gauck, President of Germany, confirmed that Germany is interested in closer economic cooperation with Latvia by seeking new opportunities for investment and trade, reported BC press secretary to the Prime Minister M?rti?? Panke.
Valdis Dombrovskis emphasised that targeted support to the
production sector and exports has contributed to Latvia?s return on the
development path becoming a country with the highest growth rate in Europe. The
Government is committed to further work in order to enhance the investment and
business environment, and improvements are also indicated by international
surveys and business environment ratings.
?
The Prime Minister and the President of Germany shared the
view that bilateral economic cooperation of Latvia and Germany still possesses
some untapped potential; therefore businesses of both countries should further
examine the respective opportunities. The President of Germany is accompanied
by a delegation of German entrepreneurs who will meet representatives of
Latvia?s companies during the Latvian-German Business Forum in order to discuss
new trade opportunities and develop closer cooperation.
?
The Head of the Latvian Government acknowledged Germany?s
initiative to undertake a leading role in fostering youth employment throughout
Europe and expressed Latvia?s commitment to support the activities associated
with this initiative. The Prime Minister stressed that the dual model of
vocational education employed by Germany is an efficient instrument for
developing cooperation of the education and production sectors, and that Latvia
intends to build on this positive experience by reforming its vocational
education.
?
Valdis Dombrovskis expressed gratitude to Germany for its
support to Latvia?s intention to join the euro zone, as well as the
Organisation for Economic Cooperation and Development (OECD). The Prime
Minister noted that both moves would strengthen Latvia?s competitiveness in
international trade, contribute to attracting new investors in the production
sector and create new jobs.
?
German President Joachim Gauck,
continuing his visit to Latvia, visited Valmiera Primary School yesterday.
?
Gauck said he was delighted to
become familiar with the culture of Latvia during the Song and Dance Festival,
but the purposefulness of Latvians surprised him the most.
?
Gauck lauded Latvia's efforts to
observe the European Union's demands and progress toward the introduction of
the euro. Latvia's austerity measures most likely would not have been possible
in Germany since Germans would not be as purposeful and complying, admitted the
president. "You showed Europe that sacrifices can be made to achieve a
great goal," said Gauck.
?
He also lauded the efforts of
Latvian President Andris Berzins to popularize the German language in Latvia.
?
During Gauck's visit to Valmiera
Primary School, Latvian Education and Science Minister Vjaceslavs Dombrovskis (Reform Party) and German Ambassador to
Latvia Andrea Wiktorin signed a
declaration of intent on cooperation in vocational education and training
between the Latvian Education and Science Ministry and the German Education and
Research Ministry.