Fisher-Folk in Saint Lucia, Grenada To Benefit From Post Disaster Insurance

first_img Barbados Maritime Affairs Ministry to Co-Host Upcoming… Hurricane Warning Declared as Tropical Storm Nana Approaches… It explained that the Caribbean Oceans and Aquaculture Sustainability Facility acronym COAST, is an insurance product geared at safeguarding the livelihood of fisher-folk in the aftermath of a natural disaster. Read more at: Saint Lucia Times Share this:PrintTwitterFacebookLinkedInLike this:Like Loading… Sep 29, 2020 Sep 2, 2020 You may be interested in… (Saint Lucia Times) Fisher-Folk in Saint Lucia and Grenada are the first in the Caribbean to be covered under a unique insurance policy post the aftermath of a natural disaster. According to a release from the National Competitiveness and Productivity Council (NCPC), with fisher-folk usually counting their losses post the hurricane season they sense relief is finally at hand. The release noted that a team from the World Bank alongside officials from the Caribbean Catastrophy Risk Insurance Facility (CCRIF SPC) were recently on island to launch the first of its kind insurance policy specific to the fisheries sector.center_img CDB to Lend US$70M to The Bahamas and Saint Lucia,… Aug 24, 2020 CRFM, CDEMA sign agreement to enhance disaster management, resilience in fisheries(CRFM)—The Caribbean Regional Fisheries Mechanism (CRFM) recently signed a memorandum of understanding with the Caribbean Disaster Emergency Management Agency (CDEMA) to enhance comprehensive disaster management and climate change resilience in the fisheries and aquaculture sector within the Caribbean Community (CARICOM). CRFM Executive Director, Milton Haughton, signed the MOU for CRFM…July 31, 2019In “Agriculture”Caribbean Countries to benefit from Partnership to Develop Climate resilient Fisheries and Aquaculture IndustriesThe Caribbean Regional Fisheries Mechanism (CRFM) and CCRIF SPC have signed a Memorandum of Understanding to develop climate-resilient fisheries and aquaculture industries in the region. The purpose of the MOU is to formalise collaboration around the Caribbean Oceans and Aquaculture Sustainability Facility (COAST) initiative, which will help to reduce the…April 15, 2019In “Agriculture”Fisheries Ministers from CRFM Member States meet Friday in GuyanaBelize City (CRFM Press Release)—The Caribbean Regional Fisheries Mechanism (CRFM) will host the 11th Meeting of its Ministerial Council—the highest ranking decision-making body of the regional fisheries organization—starting at 9:00 a.m. on Friday, May 19, at the Pegasus Hotel in Georgetown, Guyana. Ministers who hold the portfolio for fisheries from…May 18, 2017In “CARICOM”Share this on WhatsApp Staunching the flow: St. Kitts and Nevis’ Fight to Keep its… Sep 1, 2020last_img read more

Mehdorn awaits the politicians’ verdict

first_imgINTRO: The debate about privatising Deutsche Bahn AG will reach a climax in the next few weeks. In the run-up to a decision on a stock market listing, Chris Jackson sought the views of Chairman Hartmut MehdornJackson: Herr Mehdorn, why do you want to float Deutsche Bahn AG on the stock market?Mehdorn: Deutsche Bahn constantly needs capital. Trains, tracks and facilities have to be maintained and modernised. DB AG ceased to be a state authority 12 years ago, and it has to grow in the same way as any other company. In the future the federal government will no longer be available as a provider of capital to the necessary extent. For that reason, it should sell a part of DB AG so that we can obtain fresh capital from the market to implement the growth opportunities of the future.Jackson: In which areas are you aiming for further growth?Mehdorn: We want to grow both in our traditional markets in Germany and to attract more customers to rail. But we also want to continue our involvement in European urban, regional and long-distance transport and to use the opportunities of European liberalisation as we are already doing with Railion in freight transport. In logistics, we have to be in a position to offer our customers worldwide services in order to remain competitive.Jackson: What can Deutsche Bahn customers expect from the stock market flotation?Mehdorn: They will benefit from our being able to continue Deutsche Bahn’s modernisation course with new capital. Customers will get better service and travel even more punctually, in cleaner surroundings and more safely. In logistics, our customers will get a worldwide unique range of services from a single source. The more we can invest, the more tightly-knit our logistics network will become.Jackson: What does your schedule for the stock market flotation look like?Mehdorn: That is a decision to be taken by our owner – the federal government – in the coming few weeks. The fact is that the present offers a very favourable time window. The Deutsche Bahn management and staff have prepared the ground for a stock market flotation in the past few years. We will be fit for the stock market at the end of this year. Now it’s up to the politicians to decide.last_img read more