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Moodys expresses shock at fiscal package reveals

first_imgFacebook Twitter Google+LinkedInPinterestWhatsApp #MagneticMediaNews#MoodysShockedAtBahamasBudgetCommunication201718 Facebook Twitter Google+LinkedInPinterestWhatsAppBahamas, June 7th 2017: Another credit downgrade from Moody’s could soon be ahead, as the International Credit Rating Agency is expressing alarming concern over the recent budget pronouncements with an increase in borrowing of $722M outlined. The agency says the latest budget has sparked alarm, with it forecasting debt-to-GDP will rise until 2019, peaking above 70 percent of GDP, when it had initially expected debt to stabilise this year.It also adds that it “indicates that The Bahamas’ fiscal outlook is significantly worse than what we had incorporated into our current projections”, as “Revised government estimates point to a higher deficit for fiscal 2017, and deficits (rather than surpluses) in the coming years.Last week, DPM and Finance Minister Peter Turnquest said with an ongoing Deficit of the magnitude projected for the upcoming year, the level of the Government Direct Charge is forecast to reach $6.8 billion at the end of 2017/18, or a new all-time high of 72.7 per cent of GDP Fiscal Policy beyond 2017/18.Despite this pronouncement, Moody’s commended The Bahamas government of maintaining realistic goals and targets in lowering the debt to GDP ratio by 2019.Moody’s report says, “The Budget envisions a somewhat optimistic deficit reduction path through fiscal 2020 without material changes to current policy, particularly in a still weak economic environment”.As to whether another down grading is imminent, the credit rating agency says its investment grade rating remains the same for the moment.DPM Turnquest has attributed the economic downfall to the bills government has incurred following Hurricane Matthew’s devastation last October.center_img Related Items:last_img read more

Relish Navaratra special

first_imgNavaratra is about to come to an end and if one wishes to not miss out on the delicacies of this festival, they can taste it at The Imperial’s Daniell’s Tavern and Shangri La’s Tamra  in the national Capital. Navratra special dish, which will be available on six-eight hours of prior request, will bring in flavours of Satvik cuisine in a traditional thali at Daniell’s Tavern. A delicious Navaratra buffet will be available which will comprise of Executive Chef Neeraj Tyagi’s special dishes such as Sabudana ki tikki, Tarboos ka ras, Paneer kesari tikka, Shakarkandi tawa chaat, Khasta aloo chaat, Sitaphal ki sabji, Aloo ka halwa and  Lauki ki kheer amongst others. Chef Prem Pogakula- Executive Sous Chef, The Imperial New Delh, has shared the recipes if going out is a hard task for food lovers. Also Read – ‘Playing Jojo was emotionally exhausting’Kheere ke pakodaIngredients· Kuttu ka atta-60gms· Kaloungi-5gms· Sendha Namak –to taste· Grated boiled potato-80gms· Grated cucumber-80gms· Shredded Spinach-60gms· Water-80ml· Oil to deep fry· Dahi Aur Kheerre ke chutney· Thick curd-100gms· Grated cucumber-40gms· Sendha Namak-to taste· A pinch of turmeric tempered in a tea spoon of hot gheeMethod for chutney· Mix all the ingredients and check for seasoningMethod for pakoda· Mix all the above ingredients and make thick batter consistence and check for seasoning Also Read – Leslie doing new comedy special with Netflix· Heat oil in a pan and make small dumpling from the mixture· Now Deep fry the dumpling till golden brown and till cooked from inside· Serve hot with dahi chutneyTamra @Shangri La’s- Eros hotelLunch Buffet: 12 pm – 3:30 pm Dinner Buffet: 7 pm-11:30 pm Price: 1200 plus taxes per person for Navratra buffetlast_img read more

Want to Create an Indispensable Mobile App Do This

first_img 5 min read Opinions expressed by Entrepreneur contributors are their own. May 30, 2017 Register Now » Free Webinar | Sept. 9: The Entrepreneur’s Playbook for Going Global In recent years, mobile apps exploded on the scene and, almost instantly changed the way we live. These days, it seems as though everyone has a great idea for how to break into the market.Related: Getting Started With Small Business App DevelopmentIn fact, there are now nearly 7 million total apps available in the leading app stores. With so many programs competing for people’s attention, building yet another enticing interface is no easy task.A study conducted by App Annie in the first quarter of 2017 found that, on average, people worldwide use between eight and 12 apps per day on their smartphones. So, if you want to break into that exclusive circle, the competition is real, and you have to find ways to deliver something which people cannot live without.Here are three tips to keep in mind throughout the development process.Make sure customers can able identify the value, quickly.One of the unfortunate side effects of the internet, and the current state of technology, is that attention spans have become disturbingly short. One key study put the average right around eight seconds.With that being said, you need to promote your app’s unique selling proposition (USP) right off the bat. As a general rule of thumb, if you can’t fully describe the purpose and functionality in a sentence or two, it’s too complicated.Regardless of what type of app you are building, it needs to be conveyed as something that changes people’s lives for the better. Or at least, proves itself useful immediately.Take CM Security Master, for example. This company knows Android phones are susceptible to viruses. So, it created an intuitive privacy-protection program (available on Google Play) that scans your phone and identifies risks in real-time. Then, it cleans out the infections so your phone can work at 100 percent efficiency and your valuable data is safe.Related: 3 Ways to Build A Mobile App With No Tech SkillsClearly, its creators found a problem in the status quo, and built a tool that solves it. Its USP can be described in a few words.The takeaway: The success of a mobile app depends substantially on how well you communicate the value. In your messaging, get right to the point!Find ways to connect people.In the digital universe we call home, one of the main themes is about bringing people together. Apps have an interesting way of fabricating their own universe. A good goal to have during development is to create an authentic following in which users can add to the progression of your platform.Your mission should be to design an arena of shared value iwhich people can’t get anywhere else.The “for the people, by the people” mentality is a great idea to promote. The creators behind apps like Planet Peepz have nailed this concept down to a tee. Billed as the “very first discount shopping platform,” this program aims to build a community in which users can help one other find the best deals in the area.Within the app, businesses can create their own ads, coupons, loyalty programs and upsells, and access free reservation and appointment software.Primarily designed for service providers like dentists, vets, salons and other professionals, Planet Peepz constructed a virtual society where both consumers and establishments can reap the benefits of free cross-promotion opportunities and customer management.The takeaway: To be successful in connecting like-minded people, you’ve got to push your platform as a one-of-a-kind experience where everyone involved benefits and shares value.Keep it simple.As previously stated, attention spans are at an all-time low. It’s safe to say that smartphones themselves are a contributing factor to this phenomenon. Above all else, the usability of your app should be easy to grasp from the get-go.Users’ time is precious. Chances are, most won’t sit down to read and sift through directions. For this reason, you need to make sure every aspect of your program can be picked up and mastered within minutes — or seconds.”One of the most common factors I’ve seen in successful apps is simplicity,” says Jeff Shuford, president of Tech From Vets, a digital development company aimed at helping military veterans expand their technology-based ventures. “No one wants to spend hours trying to figure out how to use an app to its fullest extent. There should always be a sense of instant gratification.”In relation to this concept, one of the best examples today is Uber. When the founders set out, they wanted to create a simplified solution for hailing cabs. Upon opening the app, the user can get the results needed in a matter of seconds. And there’s barely anyone who can’t understand how it works.The takeaway: Smartphones are meant to make people’s lives easier. The first impression the user has and the impression your program intends should be the same.Building an app these days is a tedious job. Most people are content with the current programs on their phones and are not easily persuaded to add more to the mix. Keeping this in mind, you really need to focus on setting yourself apart, to break this tough barrier. Always be asking yourself: “How does this improve lives?”Related: A Guide On How To Get New App IdeasRemember, simply getting people to download your app is only the tip of the iceberg. You need to constantly be testing the flow and looking for ways to improve. No app is perfect. You must be committed and open to change throughout its entire lifespan. Growing a business sometimes requires thinking outside the box.last_img read more

How to Watch Apples iPhone Event

first_img 2 min read This story originally appeared on PCMag Free Workshop | August 28: Get Better Engagement and Build Trust With Customers Now This hands-on workshop will give you the tools to authentically connect with an increasingly skeptical online audience. September 12, 2018 Apple on Wednesday is set to unveil new iPhones, an updated Apple Watch and more. PCMag’s Sascha Segan will be there for hands-on time with all the new gadgets, but if you didn’t snag an invite to Cupertino, you can still watch online.The event kicks off at 10 a.m. PT / 1 p.m. ET at the Steve Jobs Theater inside Apple’s new headquarters. It will be live streamed via apple.com/apple-events/september-2018, but make sure you have the right setup.Apple recommends watching via Safari on an iOS device running iOS 10+, a Mac with macOS Sierra 10.12+ or a PC using Windows 10 and Microsoft Edge. Or stream to Apple TV via AirPlay with a second-gen+ Apple TV with the latest Apple TV software or tvOS. Other platforms may also work on recent versions of Chrome or Firefox with MSE, H.264 and AAC, Apple says.If you spend all day on Twitter, meanwhile, why not watch the keynote from there? In a first for Apple, the company will stream tomorrow’s event via its usually dormant @Apple Twitter feed:Join us September 12 at 10 a.m. PDT to watch the #AppleEvent live on Twitter. Tap ❤️ below and we’ll send you updates on event day. pic.twitter.com/i9mGHTKhvu— Apple (@Apple) September 10, 2018 Enroll Now for Freelast_img read more