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The Wealth of Nations & Liberia’s Widening Trade Deficit

first_imgThe Editor,Because of the widening trade deficit, Liberia’s Central Bank Governor (Mills Jones) wants a “reverse in the country’s export policy towards non-traditional exports”………Ok, great.But why do we have an export policy for “non-traditional exports” in the first place?? (Re “Liberia’s Trade Deficit Widens”)Promoting the free trade of ALL goods and services (traditional and non-traditional exports) is the best export policy for our prosperity!In the “Wealth of Nation”,  Adam Smith, the Father of Modern Economics said that “In every country it always is and must be in the interest of the great body of people to buy whatever they want of those sell it cheapest…”He also argued that in a free exchange of goods and services, both sides became better off! Because trade benefits both sides (importer and exporter), it increases our prosperity!But our imperial President (Madam Sirleaf) have issued several executive orders (#44 and #50), banning private citizens from trading (exporting) their private property (timber, unprocessed rubber, and other natural resources)!Don’t we the people have the right to use, transfer, and trade property that we deem ours? If so, then why is the President using her executive orders to make life a living hell for private citizens who want to trade their goods and services with others in the global economy??Hey Madam President, the hard currency (U.S. dollars) we get from trading our exports is what we use to pay for our imports—(Heinekens, Guinness Stout, bottled water, and Governor Jones’s fabulous salary)! So why are you hostile to free trade??Um, is there any way can we pay the Governor and the President in Liberian Dollars, since they are the ones wreaking havoc with our monetary policies? Since Jan. 1 2013, the Liberian Dollar have depreciated (rise in exchange rate) from L$72.5/US$1.00 to L$83/US1.00 in Dec 2013!..And that depreciation of the Liberian dollar is the direct result of our monetary and trade policies. Look, if the President continues to ban private citizens from exporting (trading) their private property to willing buyers around the world, Liberians will soon start living like Zimbabweans! Hint  Z$10,000,000,000,000 = 1 US Dollar! (Binyah Kesselly could be our first Liberian Dollar Billionaire!)But the best export policy is for lawmakers to pass legislation that nullifies the ALL executive orders that ban private citizens from trading (exporting) their private property (timber, unprocessed rubber, etc) with whomever they choose to around the world! Free trade is the best trade policy for our prosperity! Share this:Click to share on Twitter (Opens in new window)Click to share on Facebook (Opens in new window) Martin ScottAtlanta, GAlast_img read more

CAS to Announce Bility’s Fate 31 December

first_imgThe Court of Arbitration for Sport will announce its decision on Liberia Football Association president Musa Bility’s case against Fifa on 31 December. Bility is appealing against being excluded from standing in February’s presidential election for football’s world governing body. His case was heard in Switzerland on 23 December. Fifa’s electoral committee ruled Bility failed its integrity checks. The court asked Fifa to provide evidence as to why it excluded Bility from its list of candidates. While being re-admitted to the Fifa presidential race is his main aim, Bility is also hoping to repair the damage he says has been done to his reputation by last month’s decision. He is also seeking compensation as well as all legal costs incurred in filing the appeal. Bility said he had been informed by Fifa that his candidacy was “principally rejected” because of a six-month ban from all football activities handed out in 2013. The ban was imposed by the Confederation of African Football for using confidential documents from the governing body in a legal challenge against its president, Issa Hayatou. Hayatou is acting Fifa president after Sepp Blatter, vice-president Michel Platini and general secretary Jerome Valcke were all suspended over corruption allegations. Fifa has approved five presidential candidates, with Platini also not included. Who are the Fifa candidates?• Prince Ali bin al-Hussein, 39, is president of the Jordan Football Association• Jerome Champagne, 57, is a former Fifa executive• Gianni Infantino, 45, is Uefa’s general secretary• Michel Platini, 60, is Uefa president and Fifa vice-president (Eligibility not yet confirmed.)• Sheikh Salman bin Ebrahim al-Khalifa, 49, is Asian Football Confederation president• Tokyo Sexwale, 62, is a South African former government minister Share this:Click to share on Twitter (Opens in new window)Click to share on Facebook (Opens in new window)last_img read more

Suspect Blames Police for ‘Faking’ Indictment

first_imgTemple of Justice, where Civil Law Court ‘A’ is located. Drama unfolded in Criminal Court ‘A’ on Thursday when defendant Boakai Sirleaf told the court that a statement contained in the indictment was never taken from him, but was rather made up by investigators of the Liberia National Police.The statement was said to be a confession by Sirleaf during his investigation at the headquarters of the LNP, which was contained in his charge sheet.Prosecutors relied on information on the charge sheet to indict Sirleaf for murdering Rockie Johnson on October 21, 2013, in Paynesville area.Johnson was killed after he and Sirleaf got into a fist fight when defendant Sirleaf reportedly changed a music both of them were dancing to, which annoyed the victim, leading him to slap the defendant.Police quoted Sirleaf, “I never meant to harm Johnson. It happened that he overpowered me during the fight.”Later, the statement claimed, “I pushed him in a direction where there were lots of broken bottles…he took a stout bottle and stabbed me; likewise, I took another stout bottle and stabbed him.”Sirleaf alleged that police investigators created their own stories, because he had earlier refused to make any statement during the time he was being investigated.He admitted giving his name and the name of his parents to police investigators.Sirleaf alleged, “They (Police investigators) did not read the statement to me after I answered their questions.“They wanted me to explain more about the fight, but I told them I was not going to do so because there was no lawyer to represent me.“I refused to cooperate with the police and they wanted to send me to court, because I had spent more than five days at the Monrovia Central Prison and that was how they chose to do what they did.”Before he was sent to court, Sirleaf alleged that one of the police bosses, whose name he did not mention, asked why he had not been processed and sent to court. “They could not send me to court without charging me with an offense so they hurriedly prepared the document and asked me to use my thumb to sign it, which I did while I was handcuffed.“I did it because they earlier assured me that the document was just a mere fingerprint and it did not have anything for me to read.”After that, Sirleaf claimed that a female officer, whose name he also did not mention, took the file away; and the next day, “she took me and the charge sheet to the Monrovia City Court, where I was charged, and later transferred to the Criminal Court ‘A’.”“This was how I was sent to the court and later indicted for murder. I did not make any statement, they did it themselves just to punish me for what I did not know about,” Sirleaf indicated.Though Sirleaf admitted that he and the victim got into a fistfight, he said he was not responsible for Johnson’s death.“He was the one that hit me with a stout bottle and stabbed me, I never stabbed him. The only thing I did was to push him and he fell on those bottles that he had broken to stab me.”Share this:Click to share on Twitter (Opens in new window)Click to share on Facebook (Opens in new window)last_img read more

The Legion needs your help

first_imgThe Fort St. John Legion is asking for a helpful hand. The Legion’s roof is currently leaking due to large accumulation of snow and because of the warm weather; the snow has begun to melt and cause a leak inside the building.The Legion is asking for volunteers to help shovel snow off the roof to help end the leak. – Advertisement -People have already responded and volunteers have already begun to clear the snow, however, more volunteers are needed.Anyone interested in helping is encouraged to just show up and bring a shovel for maximum productivity.Advertisement Anyone interested or for more information on the situation please contact Bridgette at 250-785-3917.last_img

State could aid if L.A. Olympics don’t pay off

first_img 160Want local news?Sign up for the Localist and stay informed Something went wrong. Please try again.subscribeCongratulations! You’re all set! SACRAMENTO – In an effort to bolster Los Angeles’ bid to host the 2016 Summer Olympics, the state Assembly on Thursday approved legislation under which the state would shoulder up to $250 million of the cost if the games don’t make a profit. Los Angeles and Chicago are the two cities in the running to be the United States’ candidate to host the 2016 Games. The U.S. Olympic Committee is scheduled to make its choice April 14, with the International Olympic Committee choosing a host city in 2009. Under the legislation, California taxpayers would pay up to $250 million if the Olympic revenues do not cover the expenses associated with holding the games. Lawmakers have given California cities similar financial backing in the past.last_img read more

Last calendar-year CAF club season

first_imgCountries with a September/May season include Algeria, Egypt, Morocco, South Africa and Tunisia, whose clubs are among the strongest in the continent.Between the February/December 2018 and September 2019/May 2020 seasons there will be a one-off December/May edition covering 2019.The leading club competition — the African Cup of Champions Clubs until renamed the CAF Champions League in 1997 — has been played annually for 53 years.CAF ditched the African Cup Winners Cup and CAF Cup competitions after the 2003 finals and introduced the second-tier Confederation Cup, the African equivalent of the Europa League.National league winners, and runners-up from the top 12 ranked nations based on results over five years, qualify for the Champions League.Confederation Cup elimination rounds are confined to third and fourth-place league finishers and national cup winners, with rare exceptions.A play-off round follows with the 16 Confederation Cup survivors facing Champions League last-32 losers for group places.Champions League winners pocket $2.5 million and Confederation Cup title-holders receive $1.25 million.Wydad Casablanca’s supporters cheer for their team before their match against Egypt’s Al-Ahly on November 4, 2017, at Mohamed V Stadium in CasablancaMeanwhile, Record eight-time title-holders Al Ahly of Egypt are among 10 former winners who qualified for the 2018 CAF Champions League, which begins this weekend with preliminary round first legs.Defending champions Wydad Casablanca of Morocco and five-time winners TP Mazembe of the Democratic Republic of Congo are other powerful outfits in the 59-club field.After a bye, Wydad launch their title defence against Stade Malien of Mali or newcomers Williamsville of the Ivory Coast, neither of whom look likely giantkillers.There are also five teams who have won other CAF competitions, making it one of the strongest line-ups in the 54-year history of the leading African club competition. AFP Sport looks at what lies in store at the qualifying stage for eight clubs capable of becoming champions and pocketing $2.5 million.Al Ahly (Egypt)After a preliminary-round bye, the 2017 runners-up captained by goalkeeper Sherif Ekramy should eliminate Kadiogo of Burkina Faso or Mounana of Gabon and secure entry to the lucrative group stage.Al Hilal (Sudan)Twice runners-up, an Omdurman outfit packed with Sudanese internationals must overcome LISCR of Liberia and Leopards of Congo Brazzaville or Port of Togo, tasks well within their capabilities.Entente Setif (Algeria)The 2014 winners are unlikely to be troubled by Real Bangui of the Central African Republic, but probable last-32 rivals Al Tahaddy of Libya loom as a potential “banana skin”.Esperance (Tunisia)It would be a stunning turn-up if the 1994 and 2011 champions fell to Concorde of Mauritania or the winners between Gor Mahia of Kenya and Leones Vegetarianos of Equatorial Guinea.Etoile Sahel (Tunisia)The only club to win all five current and former CAF competitions, including the 2007 Champions League, have a bye, then confront Plateau United of Nigeria or Eding Sport of Cameroon, both debutants.Mamelodi Sundowns (South Africa)Zamalek’s Basem Abdall (L) goes head to hand with Mamelodi Sundowns’ Wayne Arendse in the CAF Championship final in Pretoria on October 15, 2016South Africa winger Percy Tau stars in a multi-national squad seeking a second title in three years and it is difficult to imagine Rayon Sports of Rwanda or LLB Academic of Burundi stopping them.TP Mazembe (DR Congo)Although only the winners between weak sides Ngaya of the Comoros and Songo of Mozambique stand between Mazembe and the group stage, they will be wary after failing to qualify for the past two seasons.Wydad Casablanca (Morocco)Having axed coach Hussein Amoutta over poor domestic form and sold star scorer Achraf Bencharki, the two-time champions are set to meet 2009 Confederation Cup winners Stade Malien with a group place on the line.DATESCAF Champions LeaguePreliminary round: Feb 9-11 and 20-21; first round: Mar 6-7 and 16-18; groups: May 4-6 and 15-16, July 17-18 and 27-29, Aug 17-19 and 28-29; quarter-finals: Sept 14-16 and 21-23; semi-finals: Oct 2-3 and 23-24; final: Nov 2-4 and 9-11CAF Confederation CupPreliminary round: Feb 9-11 and 20-21; first round: Mar 6-7 and 16-18; play-offs: Apr 6-8 and 17-18; groups: May 4-6 and 15-16, July 17-18 and 27-29, Aug 17-19 and 28-29; quarter-finals: Sept 14-16 and 21-23; semi-finals: Oct 2-3 and 23-24; final: Nov 23-25 and 30-Dec 20Shares0000(Visited 1 times, 1 visits today) 0Shares0000Zamalek’s goalkeeper Ahmed Elshenawy let three goals past him during the first leg of the CAF Championship final on October 15, 2016 in PretoriaJOHANNESBURG, South Africa, Feb 8- The 2018 CAF Champions League and CAF Confederation Cup competitions, which begin this weekend, will be the last staged between February and December.From next year, they are scheduled to kick off in September and end the following May, bringing the dates in line with many African domestic seasons.last_img read more

Surprising Liverpool captaincy stats – Gerrard’s departure a good thing?

first_img Jordan Henderson is undefeated as Liverpool captain 1 When Brendan Rodgers tipped Jordan Henderson to replace the departing Steven Gerrard as Liverpool captain, many Kop fans were quick to voice their dissatisfaction, but were they perhaps too hasty in their judgement?Henderson’s progression at Anfield has been steady since he arrived at the club in a £20m deal from Sunderland, but the last 18 months have witnessed a massive improvement for the England international, with this season perhaps his finest in a red shirt.Indeed, the 24-year-old put in a solid performance on Sunday, opening the scoring with a wonderful strike as Liverpool beat Man City 2-1 to boost their hopes of a top four finish, but it was just the latest success in a run that has seen him fill the void that has been recently felt and will be permanently left when Gerrard leaves the club in the summer.So far this season, Henderson has started a match as captain 12 times and his record over the course of those matches is pretty close to flawless – won nine and drawn three – with Liverpool yet to suffer defeat under his stewardship.It may be bordering on blasphemous to say, but given the way Liverpool are currently performing (especially in the Premier League), this seems to be the perfect time for Gerrard to bow out.Liverpool fans, do you agree? Is Jordan Henderson the natural heir to the captaincy? Comment below…last_img read more

TEENAGER CHARGED WITH NINE BURGLARY OFFENCES IN BUNCRANA

first_imgA TEENAGER has appeared in court in Letterkenny, charged with committing nine burglaries in the Buncrana area.Thomas Ward, 19, was remanded in custody and will appear at Harristown District Court again tomorrow.All the charges relate to offences allegedly committed in recent weeks. The accused man was also charged with one count of theft.Gardai say Mr Ward was arrested on Tuesday evening after an appeal on Donegal Daily.TEENAGER CHARGED WITH NINE BURGLARY OFFENCES IN BUNCRANA was last modified: March 7th, 2013 by BrendaShare this:Click to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Reddit (Opens in new window)Click to share on Pocket (Opens in new window)Click to share on Telegram (Opens in new window)Click to share on WhatsApp (Opens in new window)Click to share on Skype (Opens in new window)Click to print (Opens in new window)last_img read more

Denver gets a big hand in 21-19 win

first_img Gold knocked away Mark Brunell’s 2-point conversion pass with 1:09 left Sunday to help Denver hang on to a 21-19 victory and keep the Redskins from adding another fantastic finish to their charmed season. “Later in the season, you don’t remember how they came, you only remember it’s a win,” said Broncos quarterback Jake Plummer, held to 92 yards passing in the driving rain. “This one is going to hurt; it’s supposed to hurt,” Brunell said. While Gold’s big play saved the game, Tatum Bell made the difference for Denver (4-1) the rest of the time by rushing for 127 yards and two long scores to help the Broncos to a 21-10 lead. In the first quarter, Bell took a toss on fourth and 1 and faked out Phillip Daniels en route to a 34-yard score. That stood as Bell’s longest career run until the third quarter, when he burst through the Washington defense on a sweep for a 55-yard touchdown to put the Broncos ahead by 11. “I just have to keep working,” said Bell, demoted behind Mike Anderson in training camp this year. “I don’t want to just be a one-game wonder.’ I want to be the starter.” The Broncos won their fourth in a row despite missing Champ Bailey, who sat out his second consecutive game with a sore hamstring. It put a damper on what was supposed to be the first meeting between him and Clinton Portis since the Redskins and Broncos pulled off a blockbuster trade and swapped the players before last season. Portis, a flamboyant and temperamental playmaker during his two years in Denver, ran for 103 yards on 20 carries for the Redskins and was booed pretty much every time he touched the ball. “My fans don’t boo me in Washington and that’s the only fans I look for to cheer for me,” he said. The Broncos acquired Bell last year with a second-round pick Washington threw in to complete the Bailey-Portis trade, and Bell finally cashed in on the potential he showed signs of during his injury-plagued rookie season. Denver gained only 257 yards and managed 11 first downs. Plummer went 10 of 25 in a sloppy showing that wasn’t nearly as efficient as he’d been in Denver’s last two wins. He was as happy as anyone that the defense held at the end. “We’d been standing there a long time,” Plummer said. “It would have been hard to get back out there as an offense and get back ready for overtime.” Brunell, meanwhile, looked at home in the rain. In the end, though, the Redskins had a number of missed opportunities to bemoan in such a close game. A false-start penalty nullified what would have been a 54-yard field goal by Nick Novak — a good kick given the conditions — at the end of the first half. In the third quarter, Washington moved into field goal range again, but Trevor Pryce got a hand on Novak’s kick. Washington also had a safety taken away courtesy of the famous “tuck rule.” Plummer lost the ball near the goal line and recovered in the end zone, where he was tackled. But officials overruled the play and said Plummer’s arm had been moving forward when the ball slipped from his grasp, making it an incomplete pass. “We had enough mistakes to actually go out and lose this game,” Portis said. “We hurt ourselves.” 160Want local news?Sign up for the Localist and stay informed Something went wrong. Please try again.subscribeCongratulations! You’re all set! DENVER — The offense wasn’t moving and Denver was facing overtime in icy, bitter rain. Linebacker Ian Gold stuck his hand out, knocked down a pass, and with that, the Broncos showed Washington isn’t the only team that can find odd and ugly ways to win the close ones. center_img AD Quality Auto 360p 720p 1080p Top articles1/5READ MOREThe top 10 theme park moments of 2019 The problems that plagued Plummer, however, didn’t bother Brunell. He went 30 of 53 for 322 yards and drove the Redskins 94 yards for the touchdown — an 11-yard pass to Chris Cooley — that pulled Washington (3-1) within two points. On the conversion try, Brunell spotted David Patten open in the back of the end zone for a moment, but Gold came over and batted down the pass to prevent a possible overtime. “You saw what his speed and athleticism will do,” Broncos linebacker Al Wilson said. “It was a heck of a play.” The Redskins won their first three games by a total of six points, including a 20-17 overtime win last week that came only after Seattle kicker Josh Brown hit the upright on the last play of regulation. This time, though, there was no great finish. last_img read more

Jim Duncan Track Resurfacing Progressing

first_imgStory Links Jim Duncan Track Update – July 7 Drake University’s iconic Blue Oval is undergoing a facelift this summer as a new state-of-the-art Jim Duncan Track is being installed inside the venerable stadium.A new Mondo Super X surface will be placed upon the existing track, guaranteeing that the Jim Duncan Track remains a world-class competitive venue for years to come.The new track, which will bear the familiar blue hue of its predecessor, is the same surface that the 2012 London Olympics and 2008 Beijing Olympics were contested on. The prefabricated synthetic rubber surface is composed of two layers vulcanized together to produce on seamless surface. Designed to produce superior athletic performance, the Mondotrack surface provides the optimum blend of energy return and comfort for both sprint and distance events and guarantees and ideal combination of shock absorption and elasticity for jumpers.Progress on the resurfacing continues on schedule with the entire oval now covered in the new surface, view the entire photo gallery of the project’s progress here. The project’s progress will be updated throughout the summer on www.GoDrakeBulldogs.com.Print Friendly Versionlast_img read more