South Africa writes off R1bn Cuban debt

first_img8 December 2010 Trade and Industry Minister Rob Davies has announced the cancellation of a R1-billion debt owed by Cuba to South Africa as part of a new trade agreement between the two countries. Davies, who was accompanying President Jacob Zuma on a two-days state visit to Cuba, said on Tuesday that the debt had become a “hindrance” to trade and economic development between Cuba and South Africa. The debt was incurred during the 1990s, when Cuba purchased diesel engines from South Africa. He said South African businesses demanded cash in advance because the Export Credit Insurance Corporation of the department could no longer insure Cuba’s orders as it had exhausted its credit limit. “We are re-opening the credit lines so that we can start trading actively again,” Zuma said. Apart from cancelling the debt, South Africa has also offered Cuba credit line package guarantees to the value of R70-million rand and a further R40-million rand to support Cuba with seeds and fertilizers following the hurricane that devastated Cuban agriculture in 2008, About R100-million from the African Renaissance Fund will be made available for purchases from South Africa. It is envisaged that this package will help to reinvigorate trade and investment between the two countries. South African exports to Cuba had fallen from R82-million in 2008 to a mere R1-million this year. South Africa and Cuba have strong relations dating back to the struggle against apartheid. In another landmark agreement, Home Affairs Minister Nkosazana Dlamini-Zuma signed an agreement on the waiver of visa requirements for holders of diplomatic, official and service passports. The agreement entitles Cuban and South African citizens holding such travel documents to enter and remain in the respective countries for up to 90 days without visas. Source: BuaNewslast_img read more

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Crop insurance options for producers facing delayed harvest

first_imgShare Facebook Twitter Google + LinkedIn Pinterest USDA’s Risk Management Agency (RMA) said producers with Federal crop insurance that are experiencing a delay in harvesting their crop and potentially have a loss should contact their Approved Insurance Provider (AIP) to file a Notice of Loss and request more time to harvest. The late maturing crop coupled with extremely wet and wintery conditions this fall have extended harvest for producers across the Midwest.Brian Frieden, Director of RMA’s Springfield Regional Office, reminds producers who have federal crop insurance coverage and are experiencing delays in harvesting their crop to contact their crop insurance agent to file a Notice of Loss and request more time to harvest.Producers must file a Notice of Loss and request more time to harvest before the end of the insurance period, so that Federal crop insurance claims are settled based on the amount of harvested production. For producers in Illinois, Indiana, Michigan, and Ohio, the end of the insurance period for corn and soybeans is Dec. 10.AIPs may allow additional time to harvest, on a case-by-case basis, when all of these conditions are met:The producer gives timely notice of loss to his or her crop insurance agent.The AIP determines and documents that the delay in harvest was due to an insured cause of loss.The producer demonstrates that harvest was not possible due to insured causes, such as wet conditions preventing access to the field with equipment or that harvesting under such conditions would damage equipment.The delay in harvest was not because the producer did not have sufficient equipment or manpower to harvest the crop by the end of the insurance period.When an AIP authorizes additional time to harvest:The end of the insurance period is not extended. Rather, the producer is granted additional time to attempt to harvest the crop to settle any loss based on harvested production.Any additional damage to the insured crop during the extension period is covered provided it is due to an insurable cause of loss like excessive moisture.The producer’s crop insurance policy will cover loss of quality (as specified in the crop provisions), reduced yields, and revenue losses if revenue coverage was chosen.The cost of drying the harvested crop is not covered.More information on requesting assistance due to delayed harvest is available on RMA’s website.Crop insurance is sold and delivered solely through private crop insurance agents. A list of crop insurance agents is available at all USDA Service Centers and on the RMA website.last_img read more

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New Rackspace Cloud iPad App: For System Administrators Who Want to Have a Life

first_imgThe original Rackspace Cloud app came out last year when the iPad launched. Today, the iPad 2 is launching and the app is making a second entrance. This time with capabilities that make it usable for communities far larger than the systems administrator crowd.The new Rackspace Cloud app has new features for the system administrator to better manage cloud infrastructure:Administrators may manage the Rackspace Cloud and customize OpenStack clouds. OpenStack is the open cloud building initiative that Rackspace helped start. The app runs on the iPhone, iTouch and iPad devices.The app now works in the United Kingdom.The app has Chef integration, providing the capability to manage up to ten servers at once.The app uses the API and can do everything the API does. This falls in line with what Programmable Web sees. The Twitter site, for instance, is run by the API. But its features also make the app more universal. It runs on Apple iOS 4.3, connecting audio and video files to the Rackspace cloud infrastructure with the ability to run directly on Apple TV. You may also share from the app through Twitter, for example. Related Posts The ability to use Apple TV and share through Twitter shows how storage is fundamentally becoming abstracted. Storage is becoming more of a conduit to connect devices. In the process, managing a cloud infrastructure can also be in line with using an app to show the video on your Apple TV or sharing it through a social community. 8 Best WordPress Hosting Solutions on the Market A Web Developer’s New Best Friend is the AI Wai…center_img Top Reasons to Go With Managed WordPress Hosting Tags:#cloud#cloud computing Why Tech Companies Need Simpler Terms of Servic… alex williamslast_img read more

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Younghusband brothers set for Davao move on 5-year deal

first_imgIn a stunning move, national team stars Phil and James Younghusband are leaving FC Meralco Manila to sign a five year deal with the Davao Aguilas after playing for the Sparks the last six years.Meralco made the announcement on its official Facebook account last Saturday just a few hours before the Sparks were to play the Aguilas in the Philippines Football League in what will turn out to be the last match of the Younghusband brothers for the club. ADVERTISEMENT FEU Auditorium’s 70th year celebrated with FEU Theater Guild’s ‘The Dreamweavers’ Robredo should’ve resigned as drug czar after lack of trust issue – Panelo Trillanes accused of harassment, hiring social media trolls PLAY LIST 01:38Trillanes accused of harassment, hiring social media trolls00:50Trending Articles00:50Trending Articles02:49Robredo: True leaders perform well despite having ‘uninspiring’ boss02:42PH underwater hockey team aims to make waves in SEA Games01:44Philippines marks anniversary of massacre with calls for justice01:19Fire erupts in Barangay Tatalon in Quezon City01:07Trump talks impeachment while meeting NCAA athletes02:49World-class track facilities installed at NCC for SEA Games SEA Games is not worth saving DILG, PNP back suspension of classes during SEA Games Financial terms of the transfer as well as the brothers’ contract were not disclosed.“This is a great and exciting opportunity for the brothers to help a new club like Davao grow,” the source added.In its statement, Meralco also expressed gratitude to the Younghusband brothers for their contributions to the club. “Their leadership, work ethic, and professionalism never failed to inspire their teammates,” said FC Meralco Manila vice chairman Randy Roxas.“Off the pitch the Younghusband brothers embodied our club’s values in every way and tirelessly worked to promote the game and serve as ambassadors for Meralco. We can never thank them enough for all they have given to us,”  Roxas added.“The Meralco family wishes James and Phil the best in their new adventure. We will continue to support them when they play for the national team,” Viboy Genuino, head of the Meralco Corporate Business Group, who is also a director of the club.The club added that it has the utmost confidence in the remaining players. “This is a fantastic opportunity for them to prove their worth to the team and pick up the slack both on the field and in the dressing room,” it said. “We have a tremendous amount of faith in our squad as we look to challenge for the inaugural PFL crown.”Sports Related Videospowered by AdSparcRead Next “It is with great sadness that FC Meralco Manila announces today (Saturday) that James Younghusband and Phil Younghusband will be leaving the club and transferring to Davao Aguilas FC during the current PFL transfer window,” the club said in a statement. “The match today against the Aguilas in Tagum will be their final game in Meralco colors.”The club said it “made an earnest attempt to keep James and Phil in Manila with an offer of a contract extension.” Phil and James’ three year deals were set to expire at the end of the August which meant they were allowed to talk to other clubs for a possble move.“But the brothers elected to pursue this opportunity with Davao. They asked for a release from their current contract and we have granted it, allowing them to sign with the Aguila.”A source close to the brothers said Meralco offered a two year deal. “In the end, the decision boiled down to the length of the contract,” said the source. “Davao really showed  that they wanted the brothers in the club.”ADVERTISEMENT Church, environmentalists ask DENR to revoke ECC of Quezon province coal plant Davao Aguilas owner Jefferson Cheng told the Inquirer he was actually surprised with Meralco’s announcement since the transfer has yet to be finalized.But the businessman confirmed that talks between Davao and Meralco over the Younghusbands’ transfer were making headway and could be completed by next week.FEATURED STORIESSPORTSSEA Games: Biñan football stadium stands out in preparedness, completionSPORTSPrivate companies step in to help SEA Games hostingSPORTSWin or don’t eat: the Philippines’ poverty-driven, world-beating pool starsWhile Meralco is in second with 24 points, Davao has yet to win in its first 11 matches in the PFL, drawing five times and losing six matches to be at seventh in the table.aThe brothers have been the face of the Meralco franchise since signing in 2011 when the club was still playing in the United Football League. With the Younghusbands leading the way, the Sparks became a force in Philippine club football, winning the UFL Cup in 2013. center_img Ethel Booba on hotel’s clarification that ‘kikiam’ is ‘chicken sausage’: ‘Kung di pa pansinin, baka isipin nila ok lang’ Don’t miss out on the latest news and information. MOST READ National Coffee Research Development and Extension Center brews the 2nd National Coffee Education Congress Lacson: SEA Games fund put in foundation like ‘Napoles case’ LATEST STORIES Trump strips away truth with hunky topless photo tweet View commentslast_img read more

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IPL 4: Ganguly may replace Jayawardene as Kochi captain

first_imgFormer India and Kolkata Knight Riders skipper Sourav Ganguly may replace Sri Lankan batsman Mahela Jayawardene as Kochi Tuskers Kerala skipper in Indian Premier League’s season 4, sources said on Tuesday.No IPL franchisee had bid for Ganguly, who is tipped to make his debut against his former club on April 20.It is believed Jayawardene will leave for Sri Lanka in the first week of May. Sri Lankan cricketers participating in the ongoing IPL have been asked to return home early to prepare for the national team’s tour of England that gets underway on May 14.last_img read more

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UAE focused on win against Iraq

first_imgWC Qualification Asia UAE focused on win with slim World Cup qualification hopes on the line Last updated 2 years ago 03:27 9/5/17 FacebookTwitterRedditcopy Comments(0) UAE Saudi Arabia WC Qualification Asia Iraq v UAE UAE Iraq Coach Edgardo Bauza believes a win for UAE against Iraq goes beyond their attempt to qualify for the 2018 World Cup. UAE take on Iraq in their last 2018 World Cup qualifying group game on Tuesday.The Whites are fourth in the standings and apart from winning their own game in Jordan, need Australia and Saudi Arabia to slip up while also hoping for a huge swing in goal difference.UAE 7/4 to beat Iraq Article continues below Editors’ Picks Brazil, beware! Messi and Argentina out for revenge after Copa controversy Best player in MLS? Zlatan wasn’t even the best player in LA! ‘I’m getting better’ – Can Man Utd flop Fred save his Old Trafford career? Why Barcelona god Messi will never be worshipped in the same way in Argentina The odds are stacked against them but regardless of the outcome, head coach Edgardo Bauza is desperate for the win.“Calculations are difficult because they depend on the results of others,” said Bauza.“But we forget that during the game because our only focus is to win.”Bauza is looking ahead to the future and realises the importance of a victory for the team moving forward.“Victory will help us build a strong team for the future as we prepare to host, and give a good account of ourselves in, the 2019 Asian Cup.”The Argentine coach drew his first competitive game with UAE 1-1 against Thailand in June and defeated Saudi Arabia 2-1 at home last week.His side will however be without six players when they face Iraq as Omar Abdulrahman, Esmail Ahmad and Ali Khaseif are sidelined with injuries while Khamis Esmail, Ali Mabkhout and Mahmoud Khamis are suspended.“Despite the absences I have great confidence in the players. I wish I could have the same line-up as I did against Saudi but those available are just as qualified to get three points.“Omar Abdul Rahman is an important player but Esmail Mattar did well in Omar’s absence against Saudi. I didn’t know the level of the players very well before the Thailand game, but after that match I was able to identify their ability ahead of the Saudi game where preparation was good and morale was high.last_img read more

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