Related Items: Facebook Twitter Google+LinkedInPinterestWhatsApp Facebook Twitter Google+LinkedInPinterestWhatsAppBahamas, March 17, 2017 – Nassau – WARNINGS: BEACHGOERS AND MARINERS SHOULD CONTINUE TO BE ALERT FOR THE RISK OF RIP CURRENTS AT BEACHES MAINLY ALONG THE NORTHERN AND EASTERN SHORELINES. BOATERS SHOULD ALSO BE ALERT FOR GUSTY WINDS AND HIGHER SEAS IN OR NEAR HEAVY SHOWERS OR THUNDERSTORMS AS WELL AS REDUCED VISIBILITY TO 3NM OR LESS.GENERAL SITUATION: A QUASI-STATIONARY FRONT WILL CONTINUE TO MEANDER ACROSS THE EXTREME SOUTHEAST BAHAMAS AND TURKS AND CAICOS WHILE A HIGH PRESSURE SYSTEM CENTERED NORTH OF THE AREA MAINTAINS BRISK WINDS OVER THE ISLANDS.SE BAHAMAS AND TCI SMALL CRAFT SHOULD NOT VENTURE FAR FROM PORT; SMALL CRAFT CAUTION IS IN EFFECT.WINDS: NORTHEASTERLY AT 15 TO 25 KNOTS TODAY BUT INCREASING T0 20 TO 30 KNOTS BY TONIGHT OVER OPEN WATERS.SEAS: 5 TO 8 FEET TODAY BUT BUILDING UP TO 7 TO 10 FEET OVER THE OCEAN BY TONIGHT.SWELLS: NONEWEATHER: ISOLATED SHOWERS AND CHANCE OF A FEW THUNDERSTORMS MAINLY IN VICINITY OF THE FRONTAL BOUNDARY THROUGH TONIGHT.#Bahamasweather#MarineForecastBahamasandTCI
Financial credit rating agency Standard & Poor’s has revised Cygnus Business Media’s credit rating outlook from stable to negative because of concerns over Cygnus’ significant debt due in 2009.According to S&P, the new rating—a “CCC+”—reflects several financial factors, including Cygnus’ limited liquidity, high debt leverage, small EBITDA base and what it calls “difficult business fundamentals.” In a release, S&P called Cygnus’ margin of compliance with covenants “very thin,” and said they will be a significant hurdle for the company moving forward. For the first quarter, Cygnus’ revenues were down 1.5 percent while EBITDA was flat, S&P said, although it didn’t offer specific figures. After adjusting for closed publications and timing shifts, revenue was up 3.4 percent and EBITDA was up 5 percent.A S&P analyst was not immediately available for comment. A key challenge for Cygnus, according to S&P, will be refinancing its $157 million in debt that’s due next year, including its senior secured term loan that matures July 13, 2009.”The main reason for the outlook change is that the majority of the company’s debt is maturing next year,” a Cygnus spokesperson wrote in an e-mail to FOLIO:. “Adjusting the outlook is commonly done by the rating agencies until they get a clear view of what a company will do with the maturing debt. Obviously, we are aware of it. At the appropriate time the company will evaluate its options and we are confident in a successful outcome.”The revised credit rating comes as the ABRY-owned b-to-b publisher is exploring a possible sale. Cygnus co-CEOs Carr Davis and Tony O’Brien said in an interview with FOLIO: last week that Cygnus has been approached with inquiries, and carefully described the potential divestment as “a process.” During the interview, Davis said Cygnus increased e-media revenue by 60 percent from 2006 to 2007, and from 4.5 percent of total revenue in 2006 to 10 percent of total revenue in 2007.Cygnus went on the block in 2006 but subsequently pulled off the market that year.Earlier this year, S&P revised its outlook of Hanley Wood from stable to negative, citing the soft housing market and “weaker than expected” 2007 operating results.
American Business Media, the b-to-b publishing trade association, produced its downsized Digital Velocity conference on Tuesday, a free event delivered almost entirely online. During the first keynote, Christian Science Monitor editor John Yemma called this the worst recession since the 1930s, the end of the Internet growth era, and the end of the notion that “news is free.” “The old watchdog function of the news media is being fundamentally challenged now,” said Yemma. “I hope this can be done by bloggers, but I’m not sure it can be.”CSM dropped its daily print edition in favor of a weekly, online daily model this past fall. “The decision to do this was about two years in the making,” Yemma said. “We took a deep dive into our financials and best practices, which included prototyping and market research. The tipping point came last summer when the obvious choice was digital.” He added: “Everyone talks multiplatform, but we couldn’t have made this decision if we hadn’t done the groundwork a few years ago.”The goal, Yemma said, was to make the move to the Web first, then develop robust social media. “The Internet isn’t just about paperless publishing, it’s about interactivity,” he said. Yemma said he hopes to grow page views 5-fold between 2009 and 2013, which would put the company at a break-even point. The half-day event, shot at ABM’s New York offices, had approximately 50 b-to-b live attendees and speakers, with participants viewing from 49 locations across the Web, ABM said. Digital Velocity concluded with an interactive roundtable from participants in the ABM offices focused on driving digital revenue, lead generation, and investing in new technologies where they discussed the challenges of monetizing video in the b-to-b market, the cost of content creation, and revenue through paid, subscription-based models.
The last session of the 10th Parliament was prorogued on Monday after only eight sittings.The 23rd session passed 19 bills, including the Narcotics Control Bill, 2018 and Sarkari Chakori Ain 2018.Speaker Shirin Sharmin Chaudhury read out the prorogation order of the president around 10:05pm.Before reading out the prorogation order, Shirin thanked all the MPs, including the opposition ones, for providing all-out cooperation in running the session and reaching a consensus in a unique way to uphold the parliamentary democratic practice in the house.She said parliament got lively with the active participation of the MPs of both the treasury and opposition benches.The speaker praised the opposition MPs for their constructive role in the session by joining different businesses of the house.Parliament during its current tenure sat 23 times that witnessed 410 business days. Some 198 bills were placed and 193 of them were passed.The opposition did not boycott parliament, but they staged walkout for three times, while the opposition leader was present in the house for 242 days.Leader of the house and prime minister Sheikh Hasina was present in the 10th parliament for 338 days.
Alfred Street Baptist Church, located at 301 S. Alfred St., is scheduled to continue their 2018 January Saturday Bible Study Series: Subversive Readings of Scripture on Jan. 20 at 9 a.m. Rev. Dr. Obery Hendrick Jr. of Columbia University will speak and deliver a message titled “The Politics of Jesus: Good News & the Political Realm.” A free continental breakfast will be offered prior to the session at 8 a.m.
At times we all feel that life is very complicated but only a few of us are able to express the dilemmas in right manner. Artist Aarti Zaveri expresses the same through her art work at upcoming United Art Fair. The artist believes that, it is very easy to complicate a beautiful life and at the same time very difficult to simplify the essence of life. These thoughts are reflected in her paintings by the use of bold and vibrant colours. She has created a body of work around these figurative expressions. One can sense the attempt to convey her deep thoughts through the use of symbols and signs in a subtle and minimal manner in each painting. The canvas reflects the basic complexity of a human to find answers in the outside world when all the answers needed are already present within us.The last edition of her installations in United Art Fair, were based on the theme, how a person wears a mask to conceal various truths of life. Which was based on artistes belief that life is a paradox and a puzzle, the ones who solve it, makes it simple and the rest remains to be just a part of the puzzle.With her recent work she is giving out a beautifull message that everyone has an option to make their lives easy or difficult, it depends on us what we choose.