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September 4, 2021

Heathrow tunnel leading into airport blocked due to demonstration

A spokesman for the Met Police said the male drivers of two of the vehicles had been arrested for obstructing a highway, and the others – two men and a woman – were arrested once removed from the third car.One man has been taken to hospital as a precaution, the police said, while the remaining man and woman have been taken into custody, also at a west London police station.A contra-flow is in place in the outbound tunnel to facilitate the movement of traffic around the blocked tunnel (which is now empty), but motorists are advised possible delays to their journey as this incident is dealt with. “Earlier this morning protestors staged a demonstration in the in-bound tunnel to Terminals 2 and 3 – the protestors have now been removed by the Police and the tunnel has re-opened,” a Heathrow spokesperson said.“Whilst Heathrow supports the right to peaceful protest within the law, the safety and security of our passengers, aircraft and colleagues together with the smooth running of the operation is paramount. Caitlin Morrison by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksRelated ArticlesBanana Fritters: Delicious Recipes Worth Cooking5 Shockingly Simple Ways To Clean White Shoes And Make Them Like NewThe Best 80 Inch 4k TV For Under $2,000 “Contraflow traffic measures were quickly instituted to keep traffic flowing and there were no significant impacts on flights from the airport today. We apologise to passengers whose journeys may have taken a bit longer because of this unlawful protest.”Heathrow tweeted the following advice to motorists trying to reach the airport:https://twitter.com/HeathrowAirport/status/833974292635385856Climate change protest group Rising Up is behind the demo, and activists have chained themselves to a car in the tunnel.Rising Up posted the following video on Facebook:  Heathrow tunnel leading into airport blocked due to demonstration Tuesday 21 February 2017 9:42 am whatsapp A spokesperson for Back Heathrow, a campaign group in favour of expanding the west London airport, said: “The actions of these protestors are selfish, short-sighted and counter-productive. Most local communities living near Heathrow support expansion and passengers simply want to be able to use the airport in peace.“This pointless protest will merely aggravate thousands of ordinary people, many of whom simply want to get to work or catch a flight.” Access to Heathrow Airport has been disrupted due to an impromptu climate change demonstration this morning, with five activists arrested for their part in the protest. The police were called at around 08:25AM to reports that a tunnel near the airport had been blocked to traffic by protesters. Three cars were obstructing the tunnel, with three protestors locked to one of them. Share whatsapp More From Our Partners Connecticut man dies after crashing Harley into live bearnypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comA 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.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.org read more

July 13, 2021

Surprise as UK inflation falls to zero for first time since current records began in 1989

first_imgTuesday 24 March 2015 5:38 am Share whatsapp 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 Weekzenherald.com20 Rules Genghis Khan’s Army Had To Live Byzenherald.comNoteableyKirstie Alley Is So Skinny Now And Looks Like A BarbieNoteableyMagellan TimesThis Is Why The Roy Rogers Museum Has Been Closed For GoodMagellan TimesComedyAbandoned Submarines Floating Around the WorldComedyDefinitionThe Most Famous Movie Filmed In Every U.S. StateDefinitionGameday NewsNBA Wife Turns Heads Wherever She GoesGameday NewsMoneyWise.com15 States Where Americans Don’t Want To Live AnymoreMoneyWise.com Jessica Morris Inflation fell to zero in February for the first time since current the current records began in 1989, moving Britain closer to deflation, official statistics showed today. Figures released by the Office for National Statistics showed prices didn’t increase at all in February compared with the same time a year ago. The figure came in below economists’ expectations of a 0.1 per cent rise. The biggest drags were food prices and motor fuels, which fell 3.4 per cent and 16.6 per cent respectively. Britain’s headline inflation last dipped into negative in March 1960, according to the closest comparable data. This was before the consumer price index currently used to measure inflation came in nearly three decades ago. Both the Bank of England and the Office for Budgetary Responsibility have said Britain could fall into deflation during the first half of this year. A glut in the global supply of oil, as well as a bitter price war between supermarkets, are making the prices of everyday items such as energy and food much cheaper for families and businesses. The “Big Four” supermarkets have slashed prices as they fight off competition discounters from Aldi and Lidl. Sainsbury’s chief executive Mike Coupe said that he expects food deflation to persist throughout the rest of this year, when the company releases its results last week. “Rather than being a concern, the drop in inflation is a boon to the economy, providing households with greater spending power at a time when pay growth remains frustratingly weak,” Chris Williamson, chief economist at Markit, said. Mark Carney, governor of the Bank of England, has repeatedly stressed Britain is facing the “good” kind of deflation. This is when price declines act like tax breaks because everyday items become cheaper, without any of the nasty side effects which worry economists such a wages cuts and layoffs. The central bank’s rate-setting committee currently thinks interest rates are “more likely than not to rise” over the next three years. However the Bank of England’s chief economist Andrew Haldane has taken a more cautious stance on inflation, saying it’s dropped “like a stone” over the last year and that interest rates could be cut further below record lows.  center_img More From Our Partners A ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.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 Sistergoodnewsnetwork.orgSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comKamala Harris keeps list of reporters who don’t ‘understand’ her: reportnypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.com‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.comSidney Crosby, Alex Ovechkin are graying and frayingnypost.comFeds seized 18 devices from Rudy Giuliani and his employees in April raidnypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comWhy people are finding dryer sheets in their mailboxesnypost.com Surprise as UK inflation falls to zero for first time since current records began in 1989 Show Comments ▼ whatsapp Tags: UK inflationlast_img read more

July 4, 2021

News / Danaos revenue takes a hit in H1, thanks to fallout from Zim’s financial troubles

first_imgThe Zim Luanda, one of Danaos’ Panamax vessels on hire to Zim By Mike Wackett 01/08/2014 Some of the fallout from Zim’s massive debt mountain was revealed in Greek container shipowner Danaos’s half-year results, which showed just $6.1m of revenue from the enforced reduction in hire fees for six of its ships on a fixed-rate long-term charter to the troubled Israeli ocean carrier.The six panamax vessels – part of the non-operating owner’s 54-strong fleet – are on charter to Zim until 2020. But as the carrier’s financial problems grew, it underpaid the charter fee, claiming it was a temporary measure until the markets improved.However, this did not happen and Danaos became an unwilling partner in the recently concluded Zim debt restructure, which saw creditors swap $1.4bn of debt for equity in a “new Zim” line.Reneging on a charter agreement is generally regarded as unthinkable in the shipping world, and Danaos would have been within its rights to take back the vessels.However, such is the parlous state of the panamax market that, however unpalatable, the reduced income from Zim was preferable to taking chances with the ships in that market.Nonetheless, it is a precedent that Danaos would hope that its other ocean carrier customers, many of which – like South Korean duo Hanjin and Hyundai – are still posting thumping losses, will not follow.However, given the reduced charter hire conceded to Zim, other carriers may have cause to request that Danaos renegotiates the daily hire rates of the long-term charters the company says “insulate” it from market volatility.Despite the pain inflicted by Zim, the remaining charter hire periods of Danaos’s fleet sit at a healthy average of 8.5 years – although it now has seven ships effectively working on spot charters.Indeed, the reduced hire on these ships added to the drag on revenue which declined to $272m in the first six months of the year, compared with $293m in 2013.But a $7.9m improvement in finance cost charges and a $2.1m reduction in ship operating costs – mostly due to the sale of five elderly ships during the period – mitigated this and enabled Danaos to achieve an $18m net profit in the period, compared with $26m in the same six months last year.Danaos said the daily operating cost average for its fleet had reduced to $5,957, which it said made it “one of the most efficient operators in the industry”.And like its non-owning operator peers Seaspan and Global Ship Lease, Danaos is sitting on a war chest: $55m in cash from the sale of surplus ships. What remains to be decided is whether to invest this in expanding its fleet or reduce debt.last_img read more

June 23, 2021

Detailed data on Biogen’s resurrected Alzheimer’s drug raise more questions than answers

first_img STAT+ is STAT’s premium subscription service for in-depth biotech, pharma, policy, and life science coverage and analysis. Our award-winning team covers news on Wall Street, policy developments in Washington, early science breakthroughs and clinical trial results, and health care disruption in Silicon Valley and beyond. GET STARTED By Rebecca Robbins and Matthew Herper Dec. 5, 2019 Reprints Log In | Learn More Unlock this article — plus daily coverage and analysis of the biotech sector — by subscribing to STAT+. First 30 days free. GET STARTED What is it? Ruby Wallau for STAT Daily reporting and analysis The most comprehensive industry coverage from a powerhouse team of reporters Subscriber-only newsletters Daily newsletters to brief you on the most important industry news of the day STAT+ Conversations Weekly opportunities to engage with our reporters and leading industry experts in live video conversations Exclusive industry events Premium access to subscriber-only networking events around the country The best reporters in the industry The most trusted and well-connected newsroom in the health care industry And much more Exclusive interviews with industry leaders, profiles, and premium tools, like our CRISPR Trackr. @matthewherper What’s included?center_img [email protected] Detailed data on Biogen’s resurrected Alzheimer’s drug raise more questions than answers Senior Writer, Medicine, Editorial Director of Events Matthew covers medical innovation — both its promise and its perils. Biotech About the Authors Reprints Tags agingbiotechnologyBoston SAN DIEGO — Biogen on Thursday presented detailed data making a case for its resurrected Alzheimer’s drug, arguing that its mixed study results can be explained away by differences in whether patients got the highest dose of the medicine.But the new data deepen sharp questions about the prospects of the drug and are unlikely to convince skeptics who doubt whether the Food and Drug Administration will be willing to approve it. Biogen’s stock was up 1.75% midday on Thursday after its presentation here at the Alzheimer’s research conference known as CTAD. Matthew Herperlast_img read more

June 21, 2021

Bicyclist seriously injured by suspected impaired driver in Cape Coral crash

first_imgThe driver, later identified as Timothy Richard Gray Allen, sustained only minor injuries. According to the crash report, Allen said his steering wheel locked up and he lost control of the vehicle. Allen has been arrested seven times in Lee County. In 2012 he was arrested for DUI. Other arrests include cocaine possession, disorderly intoxication, & failure to appear.If you witnessed this traffic crash or have information about this traffic crash, please contact the Cape Coral Police Department by calling 239-574-3223, submitting an anonymous tip at www.capecops.com/tips,https://new.tipsubmit.com/en/create-report/anonymous  or calling Crime Stoppers at 1-800-780-TIPS. Please use the Case Report # 21-004192. AdvertisementDC Young Fly knocks out heckler (video) – Rolling OutRead more6 comments’Mortal Kombat’ Exceeded Expectations Says WarnerMedia ExecutiveRead more2 commentsDo You Remember Bob’s Big Boy?Read more1 commentsKISS Front Man Paul Stanley Reveals This Is The End Of KISS As A Touring Band, For RealRead more1 comments AdvertisementTags: bicyclistCape Coral RELATEDTOPICS Cape Coral man tries to figure out meaning of his 25-year-old tattoos June 16, 2021 WATCH: Porch pirate targets newly moved in Cape Coral residents June 16, 2021 Advertisement AdvertisementRecommended ArticlesBrie Larson Reportedly Replacing Robert Downey Jr. As The Face Of The MCURead more81 commentsGal Gadot Reportedly Being Recast As Wonder Woman For The FlashRead more29 comments CAPE CORAL, Fla.– A 73-year-old female bicyclist was hit by a car on Old Burnt Store Road just after 7 a.m. in Cape Coral on Thursday. Old Burnt Store Road was shut down from Kismet Parkway to Northwest 27th as major crash investigators worked the scene. Officers said the bicyclist that was hit is an adult. The driver, suspected to be impaired by drugs or alcohol, was heading north on Old Burnt Store Road North at the 2600 block. The bicyclist was riding her bike in the same direction in the northbound lane.Although the cyclist used a blinking light and was riding in a well lit area during sunrise, the driver hit the back of the bicyclist, who landed on the hood of the car. The impact of the crash launched the bike 138 feet from the initial point of impact. Cape Coral applies for FWC grant to improve Yacht Club Park’s marina June 16, 2021 Cape Coral break in foiled by barking dog June 17, 2021 Advertisement AdvertisementThe driver swerved as a result of the crash and lost control of their car. The car then rolled over onto the driver side. The female cyclist was airlifted to Lee Memorial Hospital with life-threatening injuries, according to an officer on scene. Officers believe that alcohol or drugs are a factor in the crash.last_img read more

June 20, 2021

LIVE BLOG: Laois intermediate camogie team take on Cork

first_img By Siun Lennon – 23rd June 2018 Pinterest LIVE BLOG: Laois intermediate camogie team take on Cork Laois camogie begin their All-Ireland intermediate championship campaign against Cork at 5pm this evening.Laois were orignally meant to play Wexford in the opening round of the championship last weekend, but Wexford dropped out of the intermediate competition.Laois manager David Dunning says Cork are, ‘the team to beat’ but that his side are certainly not afraid of the division 2 league winners. Community WhatsApp Rugby Facebook Twitter Previous articleThree Laois girls reach prestigous Gaynor Cup finalsNext articleLaois camogie heavily defeated in first All-Ireland championship match by dominant Cork side Siun Lennonhttp://heresosiun.blogspot.ie/2016/09/the-lekkie-piccie-experience.htmlSiún Lennon joined LaoisToday in a full-time capacity after studying Journalism and New Media in the University of Limerick. She hails from Rosenallis and her interests vary from news, sports and politics. TAGSLaois CamogieLive Blog Pinterest Twitter “We’re at full strength. We have one or two niggly injuries and one or two girls are away but there is strength and depth in the squad,” said David.You can follow the match here live. “They are an extremely good team but so are we, the girls don’t fear them,” said Dunning.Laois go into the match with a clean bill of health, something which Dunning is very positive about. Home GAA Camogie LIVE BLOG: Laois intermediate camogie team take on Cork GAACamogieSport Facebook Charlie Flanagan on Electric Picnic: ‘I’d ask organisers to consult with community leaders’ Five Laois monuments to receive almost €200,000 in government funding Community WhatsApp Ten Laois based players named on Leinster rugby U-18 girls squad RELATED ARTICLESMORE FROM AUTHORlast_img read more

June 18, 2021

Risk management critical for insurers: Rudin

first_img Facebook LinkedIn Twitter Against a backdrop of economic uncertainty, challenging market conditions and evolving industry practices, it’s critical for insurance companies to focus on risk management more than ever before, according to Jeremy Rudin, Superintendent of Financial Institutions. Speaking at KPMG LLP’s insurance issues conference in Toronto on Monday, Rudin said it’s important for industry players to constantly monitor all potential risk factors, and to have sufficient risk management capabilities and capital buffers in place to manage those risks. Megan Harman “The future is uncertain,” he said. “We expect companies to do their own risk assessment — they need to measure their risks, they need to monitor their risks, they need to manage their risks. And, they need to be capitalized, so that if their predictions go wrong, and they experience losses, they can survive through plausible but severe losses and still serve their customers.” Rudin highlighted three key risks and challenges currently facing the insurance industry: 1. Technology Continuous advancements in technology create both challenges and opportunities for the insurance industry. “Technological change could have a big impact on the industry as a whole, and on individual players,” Rudin said. “And, it could do so at a pace that’s very difficult to predict.” In particular, Rudin said technological advancements could shake up distribution practices in the insurance industry. With online sales having become a prominent distribution channel in the retail industry and many other sectors, he said insurers face the challenge of keeping up with evolving consumer expectations. “In other industries, we’ve seen technology change the sales model,” he said. Online sales have begun to gain traction in the insurance industry, however Rudin said it has been slower to catch on, given the important role that personalized advice plays in the insurance sales process. “In insurance, of course, the sales model is a very important aspect of the business — there is a lot of reliance on individual brokers or a captive sales force that is actively selling,” he said. Nonetheless, he said there’s a possibility that online sales of insurance policies will become more pervasive over time. 2. Cyber risk Along with advancing technology comes the growing risk of cyber breaches, Rudin said. Although insurance companies generally face less risk in this area compared to banks, given the nature of the information at risk, he urged insurers to treat cyber security as a key priority. “It’s no less important,” he said. “Data integrity issues can very much damage the brand.” The Office of the Superintendent of Financial Institutions has developed a self-assessment guide that insurance companies can use to gauge the scope of the risks they face in this area, Rudin said. 3. Economy Economic uncertainty also represents an ongoing challenge for the industry, Rudin said. The prolonged period of low interest rates has presented a major challenge for life insurers, in particular, because of the long-term liabilities associated with the products in that industry. However, Rudin said the industry has done a good job of adapting to the low interest rate environment. “I would say that overall, the Canadian life industry has adjusted well.” More recent economic developments, including a decline in oil prices and in the Canadian dollar, have underscored the need for companies to continue to be prepared for sudden and unexpected changes in the economic environment, Rudin said. “The recent change in oil prices is an object lesson in why we expect institutions to have a good risk management capability, to understand their risks enterprise-wide, and to be very well capitalized,” he said. “It reminds people, in a very useful way, that things can change — and they can change rapidly.” OSFI issues revised guideline for insurance companies’ securitization exposures Share this article and your comments with peers on social media Keywords Life insurance industryCompanies Office of the Superintendent of Financial Institutions OSFI proposing revisions to insurers’ capital rules Related news OSFI previews new capital rules for seg fund risklast_img read more

June 18, 2021

Horizons launches two currency hedged ETFs

first_img Share this article and your comments with peers on social media IE Staff Horizons S&P 500 CAD Hedged Index ETF seeks to replicate, to the extent possible, the performance, net of expenses, of the S&P 500 CAD hedged index (total return), which is designed to measure the performance of the large-cap segment of the U.S. equity market, hedged to the Canadian dollar. Horizons S&P 500 CAD Hedged Index ETF complements Horizons S&P 500 ETF, which provides non-hedged exposure to the S&P 500 Index (Total Return). Meanwhile, Horizons US 7-10 Year Treasury Bond CAD Hedged ETF seeks to replicate, to the extent possible, the performance, net of expenses, of the Solactive US 7-10 year treasury bond CAD hedged index (total return), which is designed to measure the performance of the US 7-10 Year Treasury Bond market, hedged to the Canadian dollar. Horizons US 7-10 Year Treasury Bond CAD Hedged ETF complements the Horizons US 7-10 Year Treasury Bond ETF, which provides non-hedged exposure to U.S. 7-10 Year Treasury Bonds. “At Horizons, we have historically been of the view that having non-hedged exposure to U.S. securities markets can be more beneficial than currency hedging over the long term, given the diversification benefits of having direct exposure to the U.S. dollar, and the fact that currency hedging can add additional portfolio management costs,” says Steve Hawkins, president and co-CEO of Horizons ETFs, in statement. “However, we also recognize that there are many investors who are averse to foreign currency exposure, and even more investors who want the ability to dynamically allocate between hedged and non-hedged versions of U.S. securities ETFs, in order to take advantage of currency fluctuations between the Canadian and U.S. dollars. [These new ETFs] have been launched specifically to meet this demand,” he adds Horizons S&P 500 CAD Hedged Index ETF and Horizons US 7-10 Year Treasury Bond CAD Hedged ETF join Horizons ETFs’ suite of low-cost, tax-efficient total return index ETFs, which are index-replicating investments that use a synthetic replication structure to receive the pre-tax total return of an index. Photo copyright: rvlsoft/123RF Facebook LinkedIn Twittercenter_img rvlsoft/123RF Horizons ETFs Management (Canada) Inc. has introduced two new currency hedged exchange-traded funds (ETFs) — Horizons S&P 500 CAD Hedged Index ETF and Horizons US 7-10 Year Treasury Bond CAD Hedged ETF — that began trading on the Toronto Stock Exchange on Tuesday. last_img read more

June 18, 2021

Empire Life updates GIF lineup with global offerings

first_img Leah Golob Share this article and your comments with peers on social media Empire Life launches three new seg funds The new global portfolios are diversified across multiple asset classes and designed to take advantage of global markets and provide a higher potential return and lower volatility.Empire Life is also adding three standalone funds to its Empire Life Guaranteed Investment Funds product line of segregated funds.The first is Empire Life Global Asset Allocation GIF, which provides access to a globally diversified portfolio of fixed income and equity investments. The fund is managed for changing market conditions.Another new product is Empire Life Global Smaller Companies GIF, which is reopened to GIF clients. The fund invests in small to mid-cap companies in North America, Europe and Asia.Lastly, the firm is introducing Empire Life Strategic Corporate Bond GIF, which is a diversified, fixed income portfolio that can help provide protection for rising interest rates and enhance long-term returns through exposure to corporate fixed income investments, including investment grade corporate bonds, high yield bonds, floating rate loans, convertible bonds and preferred shares.“These new global offerings provide clients with more fund options which invest in opportunities outside of Canada, diversify their investments and potentially increase their returns,” says Ian Hardacre, chief investment officer, in a statement.“The funds leverage the existing expertise of our investment team which currently manages approximately 30% of our retail segregated fund assets globally, with a focus on downside protection.”Empire Life is also introducing preferred pricing for clients with $500,000 in household assets invested in eligible Empire Life GIF products. The program reduces the fund’s cost by reinvesting the management fee credit. All clients are automatically eligible and family members in the same household can combine GIF assets to qualify for the program.The new fee for service purchase option gives competitive fees for fee-based advisors using nominee accounts for their clients with access to all Empire Life guaranteed investment funds.“We know that clients want choice and lower fees,” says Mike Stocks, vice president and chief marketing officer of retail.“These enhancements build on the success of our popular GIF segregated fund offering by now offering an array of investment product choices to help meet the needs of clients looking to invest either domestically or globally,” he adds. “In addition, GIF clients will also now have more ways to reduce costs through our preferred pricing program allowing their investments to grow even faster.” Kingston, Ont.-based Empire Life Insurance Co. launching new global funds, a preferred pricing program and a fee for service option, the company announced on Monday.Four new funds are being added to the Empire Life Emblem GIF Portfolio lineup: Emblem Global Conservative Portfolio GIF, Emblem Global Balanced Portfolio GIF, Emblem Global Moderate Growth Portfolio GIF and Emblem Global Aggressive Growth Portfolio GIF. Keywords Segregated fundsCompanies Empire Life Insurance Co. Facebook LinkedIn Twitter Canada Life to launch new shelf of mutual funds CI GAM and Empire Life launch seg fund suite Related news Close-up Of Two Businessman Analyzing Graph On Digital Tablet andreypopov/123RFlast_img read more

June 17, 2021

Infrastructure Work Approved for Sugar Workers Housing Development

first_imgInfrastructure Work Approved for Sugar Workers Housing Development AgricultureOctober 22, 2009 FacebookTwitterWhatsAppEmail Cabinet has approved the award of a contract to start infrastructure work for the Tilston/Bounty Hall Housing Development in Trelawny, under the Sugar Workers Housing Programme.This was announced by Minister with responsibility for Information and Telecommunications, Hon. Daryl Vaz, at Wednesday’s (October 21) Post Cabinet Press briefing at Jamaica House.The 27 hectare estate will have 288 serviced lots, with a centralised sewage system. The developers are the National Housing Trust (NHT), and infrastructure work valued at $199 Million has been awarded to DR Foote Construction Company.This latest sugar housing development was established by the signing of a Memorandum of Understanding between the NHT, the National Workers Union (NWU), the Bustamante Industrial Trade Union (BITU), the University and Allied Workers Union (UAWU) and the management of the sugar estates owned by the Government. RelatedInfrastructure Work Approved for Sugar Workers Housing Development Advertisementscenter_img RelatedInfrastructure Work Approved for Sugar Workers Housing Development RelatedInfrastructure Work Approved for Sugar Workers Housing Developmentlast_img read more