Diaspora urged to invest in Jamaica’s stock market and reap rewards

Jamaica stock exchange

Jamaica Stock Exchange

KINGSTON, Oct. 21 (JIS): Members of the Jamaican Diaspora are being encouraged to actively participate in the Jamaica Stock Exchange (JSE) as a means of helping to drive economic growth in the country.

“The Diaspora presents a wonderful opportunity to help the development of the country by investing in Jamaica through the stock exchange,” said JSE Chairman Allan Lewis, while addressing a JIS Think Tank on Wednesday, October 8. “To the extent that we can convince those living outside of the country to invest in Jamaica, the stock exchange stands ready to facilitate such investments,”  Lewis said.

Jamaica stock exchange

Jamaica Stock Exchange Index comparison.

He noted that the JSE, for its part, has a unique role to play by facilitating the transfer of savings to productive enterprises in the country.  Speaking of the ease with which people can now manage investments on the JSE, Mr. Lewis said persons can use the exchange’s website to view the list of companies listed and decide where they want to invest.

Jamaica Stock Exchange Chairman Allan Lewis (c) engages in discussion with other business executives.

Jamaica Stock Exchange Chairman Allan Lewis (c) engages in discussion with other business executives.

“The beauty of the stock market today is that you don’t have to physically come to Jamaica to do so, you can stay in New York, in China wherever you are and invest, and the more persons do that the better we believe Jamaica will become,” Mr. Lewis pointed out.

In the meantime, Assistant Vice-President of Treasury and Trading at Scotia Investments Gregory Samuels said that now is the right time to invest in the stock market. Noting the recent positive reviews of the Jamaican economy by the International Monetary Fund (IMF) and Standard and Poor’s, he said there is a direct correlation with the growth of the economy and the performance of the stock exchange.

JAMAICA_STOCK_EXCHANGE_LOGO_2“We have the companies that can help to grow wealth, that can help to give local manufacturers and owners the capital they need to continue this growth… the market has been under-priced for a while, it’s about to take off, and now is the time to invest,” he added.

The JSE is celebrating 45 years of operations, providing a fair, efficient and transparent stock market to create wealth for Jamaicans–OnPointPress.net.

 

OWN’s “Iyanla Fix My Life,” is a microcosm of damaged families, society

L-R: Media personality Jeff Johnson, joins Iylanla Vanzant in providing support to men who have fathered multiple children with multiple women.

L-R: Media personality Jeff Johnson, joins Iyanla Vanzant in providing support to men who have fathered multiple children with multiple women.

The seven-episode fall season of the Oprah Winfrey Network’s (OWN) “Iyanla Fix My Life,” came to a climatic conclusion on Saturday, October 18, after delving into a range of issues triggered by one man: Jay Williams, who has proudly fathered 34 children with 17 women.

Music executive Jay Williams, whose father is an Ivy League-educated professor, fathered 34 children with 17 women but said he "used a condom or I would have had many more."

Music executive Jay Williams, whose father is an Ivy League-educated professor, fathered 34 children with 17 women but said he “used a condom or I would have had many more.”

Williams, a music executive, entered the season somewhat reluctant to examine his actions but as the season moved along, underlying issues such as Williams’ relationship with his parents, fractured relationships with his children and their mothers came sharply into focus Williams had various temper tantrums on the show, as Vanzant compelled him to confront his pattern of poor choices, the dreadful template he has set for his children, the lies he told to vulnerable women and the importance of him facing the impact of all those decisions.

Iyanla Vanzant meets with Jay Williams and his parents to get some background. Jay's Ivy League-educated father was upset with having to admit that he had physically abused his ex-fie, Jay's mother, and turned his back on jay during his teenaged years.

Iyanla Vanzant meets with Jay Williams and his parents to get some background. Jay’s Ivy League-educated father was upset with having to admit that he had physically abused his ex-wife, Jay’s mother, and turned his back on jay during his teenaged years.

While Williams’ judgment is undeniably non-existent, as evidenced by the highway of anger that has littered his life, “Iyanla Fix My Life,” also reinforced another strong message: Women have a responsibility to make better choices when they evaluate men for dating before they move to the phase of having children with broken men. Some of the women were angry with each other for “taking Jay” from them, as they became seeped into the incongruity of believing that Williams was capable of sustaining a quality relationship with any of them. “You made a penis penetrate your friendship,” Vanzant said in a memorable line, when one woman insisted that the other had “taken” Jay from her.

Iyanlza Vanzant tells one of the mothers of Jay's 34 children "you made a penis penetrate your friendship.," as it came out that two best friends had children with the very prolific procreator.

Iyanlza Vanzant tells one of the mothers of Jay’s 34 children “you made a penis penetrate your friendship.,” as it came out that two best friends had children with Jay Williams who proudly procreates prolificly.

Vanzant asked the hard questions: What did you think you would get from a man who had fathered so many children with so many women? Why didn’t you use protection? How can you be there for all your children in the way that they need? Sadly, she did not address the high incidence of AIDS and other sexually transmitted diseases (STDs) in the African-America society and the potential for such promiscuous conduct to expose these people to the STDs.  Vanzant convened episodes featuring families that have a long road ahead in confronting their demons, acknowledging the consequences of prior poor choices and making an effort to repair a myriad of relationships, damaged over the years by lies, disrespect and irresponsible conduct.

Iyanlza talked to women about what promises they seek from the men they procreate with.

Iyanla talked to women about what promises they seek from the men they procreate with.

One of the most compelling stories focused on 25-year old Ryan, who is pursuing a master’s degree and is engaged to a fiancé who is pregnant with his fifth child. Ryan has fathered four children with two mothers but admits that he “used women because I was afraid to sleep alone,” due to his numerous attempts to commit suicide. His mother sobbed uncontrollably as he spoke, and when she apologized to him for how badly she treated him as a child she said :”I used you as a container for my rage.”

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Overall, this season of “Iyanla Fix My Life,” provided a snapshot of individuals over the life cycle and emphasizes the message that people have a responsibility to take time to learn about potential partners in every way, including their families, make balanced judgments and do the work necessary to be the best they can be, before engaging in sexual activity that can lead to the creation of a life. Taking shortcuts lead to a society populated with wounded souls who perpetuate that hurt and transmit it overly or covertly, leading to a society of damaged individuals–OnPointPress.net.

CNN pulls support to National Association of Black Journalists, fires many black staffers

President of the National Association of Black Journalists Bob Butler has been an ardent advocate for the right of black journalist to work in every aspect of journalism so that the perspectives of blacks are heard often and in a balanced manner.

President of the National Association of Black Journalists Bob Butler has been an ardent advocate for the rights of black journalists to work in every aspect of journalism so that the perspectives of blacks are heard often and in a balanced manner.

MINNEAPOLIS (October 17, 2014) – Today at the National Association of Black Journalists (NABJ), Board of Director’s Meeting, President Bob Butler announced that long-time supporter CNN has withdrawn support of NABJ for the 2015 Convention & Career Fair.

NABJ issued a statement last week, “NABJ Concerned About Atmosphere at CNN for African-Americans,” in which NABJ expressed concern over the large number of African-American staff members leaving and being fired from the cable news network. Several African-Americans anchors have left the anchor desk or CNN altogether in the past few years.

Following the release CNN contacted NABJ President Bob Butler and informed him the association’s request for support was denied.

Since that time CNN announced a major layoff in which at least five senior managers were laid off. In the past year nearly a dozen African-American managers have resigned, been laid off or were terminated.”

“I understand the company has a right to make personnel decisions,” said NABJ President Bob Butler. “There were not that many African-American managers at CNN in the first place. These layoffs have hurt our members tremendously. I am severely disappointed that CNN has ended our partnership.”

NABJ was established as an advocacy group in 1975 in Washington, D.C., and is now the largest organization for journalists of color in the nation. It provides career development, educational support and other services to its members worldwide. For more information, visit www.nabj.org-OnPointPress.net.

US Ebola infections mount but President Obama, CDC, urge calm

President Barack Obama promises "aggressive" efforts to control Ebola.

President Barack Obama promises “aggressive” efforts to control Ebola.

By Carmen Glover

As fears grow about an Ebola epidemic engulfing the USA, President Barack Obama and Centers for Disease Control (CDC) Director Dr.Thomas Frieden, urge residents to be calm, dismissing the idea  that  the threat seems is rising with the revelation that a second nurse contracted the disease while caring for Thomas Eric Duncan, who died from Ebola on October 10, after his condition rapidly deteriorated when he finally received care.

Duncan contracted the disease after escorting a pregnant neighbor to the hospital while he was visiting Liberia. The neighbor succumbed to Ebola and Duncan then returned to his family in Dallas, Texas on September 20. According to reports, the nurses cared for Duncan once he was admitted to the hospital the second time around. They were not wearing protective clothing during the initial two days of his care, only donning body coverings after they confirmed that he had Ebola. By then Duncan allegedly had “projectile vomiting and explosive diarrhea,” and the nurses’ lives were placed in danger.

Thomas Eric Duncan was turned away from Texas Presbyterian Hospital on 9/25 with a fever of 103. He died a few days  after his admission on 9/27/2014.

Thomas Eric Duncan was turned away from Texas Presbyterian Hospital on 9/25 with a fever of 103. He was admitted on September 27 and  died  on October 10.

President Obama cancelled fundraising events in New York on Wednesday, remaining in the nation’s capital to meet with senior advisors for health, national security and homeland security to examine the current US Ebola policy.

“I know that the American people are concerned about the possibility of an Ebola outbreak, and Ebola is a very serious disease. Because of the measures that we’ve put in place, as well as our world-class health system and the nature of the Ebola virus itself, which is difficult to transmit, the chance of an Ebola outbreak in the United States is extremely low,” President Obama said.

Director of Centers for Disease Control and Prevention Dr. Tom Frieden speaks during a news conference after confirming that a patient at Texas Health Presbyterian Hospital has tested positive for Ebola, the first case of the disease to be diagnosed in the United States, announced Tuesday, Sept. 30, 2014, in Atlanta. The person, an adult who was not publicly identified, developed symptoms days after returning to Texas from Liberia and showed no symptoms on the plane, according to the Centers for Disease Control and Prevention. (AP Photo/John Bazemore)

Director of Centers for Disease Control and Prevention Dr. Tom Frieden speaks during a news conference after confirming that a patient at Texas Health Presbyterian Hospital has tested positive for Ebola. -Photo Credit: AP.

On Wednesday, October 15, fresh concerns emerged with confirmation that Amber Vinson, another of the more than 70 nurses who cared for Thomas Duncan after he was admitted to Texas Health Presbyterian Hospital on September 27, contracted the disease and took a plane to Cleveland, Ohio, before she showed symptoms. Vinson reportedly visited her family and took care of details for her upcoming wedding. Vinson was airlifted to Emory University Hospital in Atlanta, one of the four US Hospitals which is fully equipped to treat patients who have the disease.

Amber Vinson, the second Texas nurse to contract Ebola while caring for Thomas Eric Duncan.

Amber Vinson, the second Texas nurse to contract Ebola while caring for Thomas Eric Duncan.

Coming on the heels of fellow nurse Nina Pham also contracting the disease, Vinson’s infection has driven fears to a fever pitch, resulting in the 130 passengers on the airline that she traveled being contacted by the CDC for monitoring. The airline has been decontaminated and removed from active use.

Nina Pham, the first Texas Hospital nurse to contract Ebola while caring for Thomas Duncan.

Nina Pham, the first Texas Hospital nurse to contract Ebola while caring for Thomas Duncan.

It is unclear if Vinson will get a blood transfusion from surviving missionary doctor, Kent Brantly, who generously provided his blood to Pham, who is currently in isolation at her place of work. Pham has been providing cheery updates that she is doing well and receiving the best care possible. One thing is clear: Duncan did not receive a blood transfusion. According to reports, he had a different blood type from the doctor.

As more details unfold about the new cases of the Ebola infection, questions swirl about breach of “protocol,” leading many to ask: What protocol did they really observe at Texas Presbyterian Hospital in the first place?

Dr Kent Brantly,  American missionary doctor who survived Ebola after receiving specialized care and experimental drugs.

Dr. Kent Brantly, American missionary doctor who survived Ebola after receiving specialized care and experimental drugs.

“This is not the new AIDS,’ Frieden cautioned at one of his my press conferences since the multiple outbreaks. The President addressed the breakdown in care and steps taken to prevent future episodes. “We have learned some lessons, though in terms of what happened in Dallas. We don’t have a lot of margin for error. The protocols and procedures that are put in place must be followed.”

A nervous nation waits for word about the next person to contract the disease, a reality that many believe is certain to occur, despite words of confidence issued by the President and Frieden.  Meanwhile, the World Health Organization (WHO) reported on Wednesday that 4,493 people have died from Ebola in three main countries in West Africa: Liberia, Guinea and Sierra Leone–OnPointPress.net.

Major injuries to key players change the outlook for the 2014-15 NBA season

Kevin Durant will be forced to sit and watch his team as the NBA season begins thanks to a foot injury sustained during  the preseason.

Reigning MVP Kevin Durant will be forced to sit and watch his team when as the NBA season begins, due to a foot injury he sustained during the preseason. He will be sidelined for 6 to eight weeks.

By Charles Glover, Jr.

As the beginning of the 2014-15 NBA season approaches, there are more injury concerns that will have an impact on teams which reached last season’s playoffs. General managers and coaches will be challenged to fill large voids left by injured stars.

Chicago Bulls fans are tired of seeing Derrick Rose in a suit like they have for much of the past two seasons. Hopefully, Rose can put his injury woes behind him for good.

Chicago Bulls fans are tired of seeing Derrick Rose in a suit like they have for much of the past two seasons. Hopefully, Rose can put his injury woes behind him for good.

Last year, the Chicago Bulls had their hopes of a deep playoff run dashed again when Derrick Rose went down with a season-ending injury for the second straight season. Brook Lopez’s season-ending injury changed the expectations for the veteran Brooklyn Nets team to do well. Both teams were able to make the playoffs but neither had a deep playoff run.

Pacers fans will likely have to wait until next season before seeing Paul George in uniform again.

Pacers fans will likely have to wait until next season before seeing Paul George in uniform again.

There has already been key injuries to big NBA stars before the season has begun. The Indiana Pacers will be scrambling to replace Paul George, who went down with a gruesome injury this summer while playing with Team USA.

Young guard Bradley Beal has helped the Wizards become a playoff team. They will need him healthy if they plan on improving from last year.

Young guard Bradley Beal has helped the Wizards become a playoff team. They will need him healthy if they plan on improving from last year.

Bradley Beal has been ruled out for the next several weeks which could also change the season outlook for a Washington Wizards team that is looking to build on its playoff success from last year.

The Thunder general manager and coaches will have to make changes to endure Durant's preseason injury.

The Thunder general manager and coaches will have to make changes to endure Durant’s preseason injury.

Perhaps no injury will impact the NBA more than the foot injury sustained by reigning MVP Kevin Durant. Durant is expected to miss the next 6 to 8 weeks as he recovers from the injury he sustained during the preseason. The Thunder are fortunate enough to have another superstar in Russell Westbrook to help the team adapt but there will definitely be a change in the team’s production this season.

Thunder fans are hoping the team responds to Durant's injury the way they did last season when Westbrook missed numerous games.

Thunder fans are hoping the team responds to Durant’s injury the way they did last season when Westbrook missed numerous games.

Time will tell if these general managers and coaches can help thees teams cope with these drastic changes. The Thunder faced a similar challenge when Westbrook started the season injured last year, but there are no assurances the team will have the same kind of success this year. While teams with injured stars can still make the playoffs, there are no guarantees as the league becomes more competitive due to huge player and personnel changes. Read OnPointPress.net for new developments.–OnPointPress.net–

Charles Glover, Jr. is a training/benefits consultant and a sports aficionado. Follow me @OpenWindowMES on Twitter.com.

Jamaican students to receive annual Vin Martin scholarships

Vin Martin, Jamaica's late honorary consul to Atlanta, now has scholarships awarded in his name.

Vin Martin, Jamaica’s late honorary consul to Atlanta, now has scholarships awarded in his name.

Montego Bay, Jamaica, Oct. 12 (JIS): ​Three high school students from the parish of St. James are to benefit from annual scholarships valued at $150,000 from the Vin Martin Memorial Atlanta/Montego Bay Sister Cities Health Mission. ​The scholarship award program was announced by head of the annual health mission, Dr. Yvonne Smith during the opening ceremony of the 2014 mission on Monday, October 6, at the St. John’s Methodist Church Hall in Montego Bay. The award will be presented annually to students selected by the health mission’s committee.

“We pledge to do this for every year, while the health mission is in force,” Dr. Smith said. She informed that the scholarship program was instituted in memory of the late chairman and founding member of the mission, Vin Martin, whom, she said, had dedicated himself to the program. ​Dr. Smith expressed commitment on the part of the team of medical personnel and other volunteers, to continue “to carry out the work that has been set forth by Mr. Martin. We will endeavor to continue to serve the people of Montego Bay and St. James for many more years to come,” she stated.
​The annual Atlanta/Montego Bay Sister Cities Health Mission has been renamed the Vin Martin Memorial Atlanta/Montego Bay Health Mission, in honor of Mr. Martin, who died on July 23 in Atlanta, Georgia, after a long illness. Mr. Martin was a prominent attorney, who served as Jamaica’s Honorary Consul to Atlanta from 1997 to 2013-OnPointPress.net.

Jamaica aims to utilize air travel to boost the economy

Omar Davies

Jamaica’s Minster of Transport, Works and Housing, Dr. The Hon. Omar Davies

JIS, 10/10/2014: Jamaica’s Minister of Transport, Works and Housing, Dr. the Hon. Omar Davies, said that  increasing the efficiency and capacity of the air transport sector is an important element of the Government’s growth strategy. The, move, he said, is in recognition of the impact of air transportation on all sectors, among them tourism, agriculture, health, education and high-tech industries, many of which are critical to the advancement of developing and emerging states. Dr. Davies was addressing the opening of the International Civil Aviation Authority’s (ICAO) three-day Regional Air Transportation Conference on Tuesday October at the Montego Bay Convention Centre in Rose Hall, St. James.

 
The Minister, who declared the event open, highlighted the fact that the nations of the world “share a global sky. Hence the need for all countries and regions to work together to ensure an efficient, safe and sustainable air transportation future.”
He contended that the pace at which the global economy will progress “rests substantially on the shoulders of the international air transport industry.”

 

President of the ICAO Council, Dr. Olumuyiwa Benard Aliu, in his presentation, outlined some objectives, which the nations of the world, particularly developing and small island states, must continuously pursue in the interest of economic development and sustainable growth in global aviation. He also announced that the regional conference is expected to culminate in a Declaration, establishing an agreement between participating states of the region to further key safety, security and efficiency objectives.

 

The ICAO, which is the global body governing international civil aviation activities, is partnering with the Jamaica Civil Aviation Authority (JCAA) in convening the conference. Over 200 representatives from regional and international regulatory bodies, civil aviation authorities and the air transport industry, as well as participants from academia, air transport attorneys-at-law, consultants, and international air transport organizations are in attendance.

 
The three-day conference will feature moderated discussions and presentations on the role of air transport in global and regional economies; the sustainable development of air transport in the North American, Central American and Caribbean (NACC) region; challenges to growth; measures for optimizing the synergies between the air transport and tourism sectors; establishing international agreements to foster a liberalized air transport environment and the impact of taxation on the sector’s development–OnPointPress.net