With the theme, “Step, Strut, Stride,†the third installation of FWTT will focus on the industry’s staying power and continuous development that has created a signature identity for the destination, Trinbagonian style. This year’s event will also see the addition of daily seminars to promote the growth of the industry and a fashion & beauty expo to increase awareness. Designers include Michael Award Winner™ Francis Hendy, who has dressed artists such as Missy Elliot, Sean “P. Diddy†Combs, and Trinidad’s own Machel Montano, fashion studio Millhouse, who has dressed artists such as Jill Scott, Musiq Soulchild and Erykah Badu.
“Our focus for Fashion Week Trinidad & Tobago is to revitalize and develop the local fashion industry and bring about awareness of its lucrative socio-economic potential,†said Dianne Hunt, chairperson of the FWTT Board. “We recognize the tremendous creative and technical fashion talent present in our nation and strive to provide opportunities for the fashion industry’s consistent development – both locally and regionally – ultimately becoming a global fashion force.“
FWTT was created to include all aspects of the fashion industry ranging from hair stylists, make-up artists, models and photographers to cosmetic producers and accessory manufactures. The event will also include musical performances, art displays and a showcase of past prize-winning Carnival costumes. For more information, please visit www.fwtt.org.
About Trinidad & Tobago
Trinidad & Tobago is located in the southeastern region of the Caribbean. With its careful approach to tourism, the dual-island nation offers a distinct blend of culture, eclectic cuisine and an assortment of eco-adventure activities. Trinidad, the ‘cultural capital of the Caribbean,’ is home to the world famous Carnival, the birthplace of the steel pan drum and was the host destination for the 2009 Fifth Summit of the Americas and the 2009 Commonwealth Heads of Government Meeting. Tobago, sister island to Trinidad, is the quintessential Caribbean island with secluded beaches, quaint villages, private villas and award-winning eco-attractions that include the Main Ridge Rainforest, the oldest protected reserve in the western hemisphere and the five-time consecutive award winner for World’s Leading Ecotourism Destination by the World Travel Awards from 2003 to 2007. For more information on Trinidad & Tobago visit www.goTrinidadandTobago.com or www.visittobago.gov.tt or call 800-816-7541.
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About Fashion Week Trinidad & Tobago (FWTT)
Spearheaded by Dianne Hunt, developer of Radical Designs, and sponsored in part by the Tourism Development Company Limited of Trinidad & Tobago (TDC), FWTT is an event targeted at promoting the fashion identity of the entire region while helping to put existing and new and aspiring talent on display. FWTT will be vital in promoting the fashion identity of the entire region in helping to develop the fashion industry by putting existing and new talents on display. With T&T developing a design program at university level, those involved in the industry are supporting future graduates in the dynamic field of fashion. This pivotal week of fashion will play a major role in uplifting the Caribbean industry to international standards.
A 114-year-old French woman who this week became the world’s oldest person lives on a Caribbean island and still enjoys a glass of champagne every now and then, especially on her birthday.
Eugenie Blanchard, who lives on the French island of Saint Barths, won the title after Japan’s Kama Chinen died on Sunday, just a week short of her 115th birthday, the Gerontology Research Group said.
Blanchard was born on February 16, 1896, the group said.
For the past 20 years, she has been living at the Bruyn hospital in Saint Barts and her nephew Daniel Blanchard told AFP that the woman known as “La Douchy” — a Creole word for candy — still had a zest for life.
“Because of her age, she had to be hospitalised but she still loves having a glass of champagne, at least on her birthday,” Blanchard said in 2008.
France holds the European record for longevity, with an impressive number of centenarians including Jeanne Calment who lived to the ripe old age of 122 years and 164 days.
Chinen lived on Okinawa in Japan’s far south, a sub-tropical island whose inhabitants are well known for their robust health into advanced age.
“Though confined to a wheelchair in her later years, Chinen still enjoyed the wonders of nature and being outside,” Guinness World Records said in announcing her death earlier Tuesday.
Chinen’s reign as the oldest living person began on the death of US woman Gertrude Baines, who passed away in September 2009.
© 2010 AFP
NEW YORK (CNNMoney.com) — Stocks slumped Tuesday, with the Dow down more than 200 points, on worries that the $146 billion debt package for Greece won’t be enough to stave off bigger European debt problems.
The Dow Jones industrial average (INDU) slumped 255 points, or 2.3%. The S&P 500 index (SPX) lost 30 points, or 2.5%. The Nasdaq composite (COMP) fell 81 points, or 3.3%.
The euro fell to a new yearly low versus the dollar, pummeling dollar-traded energy prices and stocks. Bank and tech shares slipped as well. Stock declines were broad-based, with 28 of 30 Dow shares falling.
Stocks rallied Monday after European leaders agreed to provide Greece with $146 billion in loans over three years – with promises of the first payment due to arrive ahead of a key May 19 deadline, when the nation owes over $11 billion.
The bailout package – funded jointly by the European Union and the International Monetary Fund – seemed to set a template for other bailouts, should they be needed. Greece is one of the so-called PIIGS – five European nations with heavy debt loads that investors fear could destabilize the euro and slow global growth should they all default. Portugal, Italy, Ireland and Spain are the other four.
But relief about the plan turned to worries about its execution Tuesday on concerns that not all of the 15 other euro zone nations would be willing to get on board. Influential Germany said Monday it would commit to loaning $40 billion to Greece over the three years, but it’s not yet clear whether the whole group will be willing to participate.
In addition, after a steady advance for about 8 weeks, the Dow and Nasdaq fell last week, with investors pleading exhaustion.
“I think a little volatility is back,” said Dave Hinnenkamp, CEO of KDV Wealth Management. “We’re getting triple-digit moves (on the Dow) like we haven’t seen in a while. We’ve had some big moves but the market hasn’t gone anywhere.”
On Tuesday, the CBOE Volatility index (VIX), or the VIX, Wall-Street’s so-called fear gauge, spiked 17% to hit the highest level since Feb. 11.
Hinnenkamp said there’s a battle going on between the improved earnings and everything else – including the euro zone debt issues, the oil spill and China’s efforts to curb inflation without slowing growth.
World markets: In overseas trading, European markets tumbled, with France’s CAC 40 down 3.1%, Germany’s DAX down 2.5% and London’s FTSE down 2.3%.
Asian markets fell, with Hong Kong’s Hang Seng index down 0.2%. The Japanese Nikkei was closed for a national holiday.
In China, the Shanghai Composite lost 1.2% after the country said manufacturing grew at a slower-than-expected pace in April. Investors were also reacting to news over the weekend that China has boosted its bank reserves.
The dollar and commodities: The dollar rallied versus the euro and fell against the yen.
U.S. light crude oil for June delivery fell $2.88 to $83.31 a barrel on the New York Mercantile Exchange.
COMEX gold for June delivery fell $2.70 to $1,180.60 per ounce.
Bonds: Treasury prices rallied, lowering the yield on the 10-year note to 3.63% from 3.70% Monday. Treasury prices and yields move in opposite directions.
Economy: Pending home sales rose 5.3% in March after climbing 8.3% in February. A consensus of economists surveyed by Briefing.com expected sales to increase 5%.
Factory orders were 1.3% higher in April after rising 1.3% in March, the Commerce Department said. Economists thought orders would fall 0.2%.
President Obama was due to speak to the Business Council in Washington about the economy.
Quarterly results: A number of major companies reported quarterly results before the start of trading.
0:00 /2:34Investing for long-term profits
Among the standouts: Dow component Merck (MRK, Fortune 500) reported higher quarterly revenue and earnings that topped estimates.
Fellow Dow component Pfizer (PFE, Fortune 500) also reported higher quarterly revenue and earnings that topped estimates.
In other company news, financial data services provider Interactive Data (IDC) will be going private, with owner Pearson accepting a $3.4 billion buyout from investment firms Silver Lake and Warburg Pincus. To top of page
First Caribbean International Bank
Jamaica is taking steps to maintain its earnings after participating in the government’s Jamaica Debt Exchange (JDX) programme.
The bank held $2.3 billion in government securities at the time of the JDX earlier this year.
It has advised the Jamaica Stock Exchange that the bonds accounted for less than 5% of the interest sensitive assets of the bank and currently contribute approximately 8% to total interest income.
While it is expected that the interest earned from these securities will be negatively affected in the near future, this will be offset by reductions in interest expenses.
Additionally, First Caribbean is in the process of diversifying its income streams.
As a result, it says there are no anticipated liquidity challenges resulting from its participation in the JDX, and the projected impact on equity is less than 1%, with capital adequacy measures remaining above prudential requirements.
CaribWorldNews, QUEENS, NY, Tues. May 4, 2010: Roy `Gramps` Morgan, soca Star Machel Montano and Queen Ifrica on Sunday night emerged as the top winners at the 29th annual International Reggae & World Music Awards (IRAWMA), held at York College in Jamaica, Queens.
All three entertainers walked away with three awards each. Morgan won for Best Song, Best Crossover Song and Best New Entertainer while soca star, Machel Montano, who clinched won for three of his five nominations, including Entertainer of the Year, Most Outstanding Show Band and Best Calyso/Soca Entertainer.
Queens Ifrica also won three awards, including for Recording Artist of the Year and Most Educational Entertainer, while Taurus Riley, Elephant Man, Julian Marley and Alison Hinds took home one each.
Riley, who been nominated for six top awards only won in the Best Male Vocalist category while Marley took the win for Best CD. Elephant Man was named Best Male DJ/Rapper while Hinds won Best Female vocalist. Sean Paul won for Best Music Video while Barbee took home the Most Promising Entertainer award.
Beenie Man won for Most Outstanding Stage Personality while Freddie McGregor was named Most Consistent Entertainer.
The Best Backing Band award went to the New Kingston Band while Dean Fraser was named Best Instrumentalist. Shaggy & Friends were honored with a Community Service Award while Sumfest again won for Promoter of the Year.
Meanwhile, the Best Gospel Song award went to Omari while the Best Reggaeton award went to Pit Bull. Enrique Iglesias was named Best Latin Entertainer while the Best Compas Entertainer was Kryol La.
The Best African Entertainer was Samini while the Best Soukous Entertainer was Awilo Longomba. The Best Hip Hop/R&B Entertainer award went to Jamie Foxx while Mamadou Diabte won for Outstanding Contribution to World Music.
CONTROVERSIAL dancehall deejay, Vybz Kartel has hit out against the leaders of the Caribbean islands who have sought to ban him from performing in their territories.
Speaking in an interview with the British Broadcasting Corporation (BBC), Kartel, whose real name is Adidja Palmer, noted that that he was unaware that regional leaders had so much idle time on their hands to consider banning an act from performing in their countries based on his lyrics. His comments come in wake of the recent decision by the government of St Lucia to deny him a work permit, which, had it been granted, would have seen the deejay taking the stage at two concerts this past weekend.
“I’m not in anyway trying to overthrow the government, nor am I preaching violence against anyone of any group, so I can’t understand them,†Kartel said in an interview aired on the popular BBC Caribbean Report.
The seven elderly guests on stage at Island Christian Church were just kids 75 years ago when a Category 5 hurricane barreled into their homes in the Upper Florida Keys, leaving a trail of destruction and death.
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