county Ida: Latest News

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14.10.2022 / 09:55

Sri Lanka’s creditworthiness discussed with World Bank VP

COLOMBO (News 1st) – State Minister of Finance Shehan Semasinghe met with the World Bank Vice President for the South Asia Region, Martin Raiser, and a World Bank delegation during the World Bank Annual Meetings 2022, to discuss options available to recover Sri Lanka's economy.The discussions were focused on the current creditworthiness of Sri Lanka, which is no longer entitled to source funding through the World Bank’s International Bank for Reconstruction and Development (IBRD), instead to work with the International Development Association (IDA) rating, which will grant Sri Lanka to obtain concessional loans. This process, which will entail a "reverse graduation" to IDA, will move Sri Lanka from an IBRD-only country to an IDA country.However, Sri Lanka will remain listed as a middle-income country.The IMF/WB also emphasized that access to this potential new concessional funding remains linked to deep reforms, an IMF program, and progress with a comprehensive debt treatment the process by the authorities of Sri Lanka. The VP and the WB Delegation said that sustained improvements in economic and social conditions by the Sri Lankan government could pave the way for Sri Lanka to graduate from IDA in the future.

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Swachh Mukh Abhiyan: Sachin Tendulkar to be ‘Smile Ambassador’; here’s what SMA recommends for better oral health

Sachin Tendulkar is set to assume the esteemed title of "Smile Ambassador" for Maharashtra's Swachh Mukh Abhiyan (SMA), an initiative aimed at promoting oral hygiene across the state. The presence of Maharashtra Chief Minister Eknath Shinde and Deputy Chief Minister Devendra Fadnavis will mark the occasion as they join forces with the cricketing legend to formally sign the Memorandum of Understanding (MoU). The Swachh Mukh Abhiyan, abbreviated as SMA, forms an integral part of the national campaign initiated by the Indian Dental Association (IDA).

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NYC is sinking under the weight of its skyscrapers, new study warns

New York City‘s skyscraper skyline is iconic, but it may be causing the Big Apple to sink, a new study suggests.According to research published by the scientific journal Earth’s Future, the cumulative 1.68 trillion-pound weight of New York City’s buildings is causing the city to sink about one to two millimetres per year on average.The “subsidence rate” — the scientific term for the speed of sinking — was observed by three University of Rhode Island oceanologists and a researcher from the U.S. Geological Survey.

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Sri Lanka to seek eligibility for IDA loans

COLOMBO (News 1st) – Sri Lanka is to seek eligibility for IDA loans while remaining as a middle-income country and the government stated that Sri Lanka will remain a middle-income country.Sri Lanka no longer qualifies for International Bank for Reconstruction and Development (IBRD) loans due to a downgrade of the country’s credit rating.Therefore, the Cabinet approved a proposal yesterday (10) to request the World Bank to grant the country eligibility to obtain loans offered by the International Development Association (IDA).This is with the aim of obtaining concessionary funding from the International Development Association (IDA) — an arm of the World Bank that helps the world’s vulnerable countries. This facility is called “Gap”.Twelve countries including Indonesia have availed themselves of this facility when they were facing economic downturn similar to Sri Lanka.

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Sri Lanka to downgrade to low-income status?

COLOMBO (News 1st) – The Sri Lankan Cabinet of Ministers on Monday (10) will likely take up a proposal for Sri Lanka to revert from a middle-income country to a low-income country.This is with the aim of obtaining concessionary funding from the International Development Association (IDA) — an arm of the World Bank that helps the world’s poorest and most vulnerable countries.The decision has been taken after considering the financial constraints, including lack of foreign reserves, inflation, and difficulty in meeting debt payments. The government also has taken into consideration the claim that some former officials had manipulated figures to push Sri Lanka to a middle-income country.The move effectively will mean that Sri Lanka will be seeking a ‘reverse graduation’ to IDA on the grounds that the country lacks creditworthiness to borrow on market terms, including from the International Bank of Reconstruction and Development (IBRD) — the lending arm of the World Bank – and, therefore, requires concessional resources to finance the country’s development programs.

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Baggage handler killed after hair gets tangled at New Orleans airport

Louis Armstrong International Airport after Hurricane Ida in New Orleans, Louisiana, U.S., on Friday, Sept. 3, 2021.

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Highest increase in FDI employment in a year - IDA Ireland

29,000 new jobs were created by multinational companies with operations in Ireland this year, the highest level of annual growth ever.

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Mayor calls 3,000 barrel California oil spill ‘environmental catastrophe’

U.S. probing nearly 350 reports of oil spills in Gulf of Mexico after Hurricane Ida Carr added: “Our wetlands are being degraded and portions of our coastline are now covered in oil.”The spill was caused by a breach connected to the Elly oil rig and stretched from the Huntington Beach Pier down to Newport Beach, a stretch of coast popular with surfers and sunbathers.Carr said the oil rig was operated by Beta Offshore, a California subsidiary of Houston-based Amplify Energy Corporation.

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Upper Dublin High School reopens after sustaining damage from Hurricane Ida

UPPER DUBLIN, Pa. - Upper Dublin High School has reopened after sustaining significant damage from Hurricane Ida in early September. At the time, students had only just returned to school after the summer break when the tornado happened. In the time since, students had turned to virtual learning while school officials worked to get the school reopened. As a result of the tornado, there was damage to the school building, football stadium, and the athletic fields.

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Weeks after damage from Ida, Montgomery County braces for more flooding, severe weather

UPPER PROVIDENCE TWP., Pa. - The heavy rain that moved through the area Thursday put officials in Upper Providence Township, Montgomery County on alert as the community tries to come back from the wrath of Ida.Over 200 homes sustained damage in the village of Mont Clare when the Schuylkill River, swollen by Ida’s heavy rain, rose to 18 inches inside some homes.Two weeks ago, FOX 29 met the Parone’s of Upper Providence in their side yard amid their possessions. Their home remains without power as they await a contractor to rewire. Standing in a drenching rain Thursday, Sharon Parone said, "I don’t think anything is going to happen near to what it did.

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Dramatic water rescues caught on camera by Princeton police during Ida

PRINCETON, N.J. - During Ida’s wrath, dramatic body camera video of water rescues from the height of the storm is released by the Princeton Police Department, in the hope motorists will abide by all road barricades and not drive purposely onto roadways covered by water.The Princeton Police Department said they received nearly 400 calls between 10 p.m. September 1 and 8 a.m.

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Pipeline broken during Hurricane Ida causing Gulf oil spill identified

WASHINGTON (AP) - Divers at the site of an ongoing oil spill that appeared in the Gulf of Mexico after Hurricane Ida have identified the apparent source as one-foot diameter pipeline displaced from a trench on the ocean floor and broken open.Talos Energy, the Houston-based company currently paying for the cleanup, said in a statement issued Sunday evening that the busted pipeline does not belong to them.The company said it is working with the U.S. Coast Guard and other state and federal agencies to coordinate the response and identify the owner of the ruptured pipeline.Two additional 4-inch pipelines were also identified in the area that are open and apparently abandoned.

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Gov. Murphy to tour areas damaged by Hurricane Ida in NJ

LAMBERTVILLE, N.J. - Governor Murphy has plans to tour storm damaged areas leftover from Hurricane Ida in New Jersey on Monday. Murphy will head to Lambertville which sustained heavy damage from floods and will relay an update on how the state plans to help impacted areas. STORM DAMAGE HEADLINESThere was a total of 27 fatalities as a result of Ida, officials confirmed. As of Monday morning, there were no additional fatalities to report. "At this time, we have no additional fatalities to report," said Governor Murphy.

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Ida aftermath: Some in Louisiana to be without power for several more weeks

which is more than hurricanes Katrina, Zeta and Delta combined. More than 5,200 transformers failed and nearly 26,000 spans of wire — the stretch of transmission wires between poles — were down.GRAND ISLE, LA - SEPTEMBER 4: An electrical substation stands in the wake of Hurricane Ida on September 4, 2021 in Grand Isle, Louisiana.

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‘We’re going to have your back’: Biden tours Hurricane Ida damage in Louisiana

Damaged homes in floodwater after Hurricane Ida in Pointe-Aux-Chenes, Louisiana, U.S., on Thursday, Sept. 2, 2021.

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Biden touring Hurricane Ida damage in Louisiana

Damaged homes in floodwater after Hurricane Ida in Pointe-Aux-Chenes, Louisiana, U.S., on Thursday, Sept. 2, 2021.

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In Photos: Ida’s heavy rain floods roads, subways in New York and Philadelphia

Hurricane Ida brought torrential rains to parts of the Northeastern United States.Basement apartments suddenly filled with water, rivers and creeks swelled to record levels and roadways turned into car-swallowing canals. Eight people died when they became trapped in flooded basements, New York City police said.Major flooding on the Schuylkill River here in Philadelphia.

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NYC flooding: MTA bus ‘full of water’ in dramatic video

NEW YORK - Hurricane Ida’s remnants dumped historic rain on New York City, causing floodwaters to gush down the aisle of an MTA shuttle bus in Brooklyn on Wednesday. RELATED: How much rain did NYC get from Storm Ida?In a video posted on social media, water is shown flowing down the aisle of the bus full of passengers.

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WMO: Weather disasters have increased five-fold over past 5 decades

LOS ANGELES - As wildfires scorch the Western United States and Hurricane Ida leaves behind catastrophic damage across Louisiana, a new report shows weather-related disasters have occurred every day, on average, and have skyrocketed over the past 50 years. According to a comprehensive new report from the World Meteorological Organization (WMO), global weather, climate or water hazard-related disasters have increased by a factor of five over the past five decades, contributed to an average of 115 deaths and $202 million in losses daily.From 1970 to 2019, researchers found the climate-related hazards accounted for 50% of all disasters, 45% of all reported deaths and 74% of all reported economic losses.WMO said the main driving factors

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Bonnaroo canceled in wake of Hurricane Ida

NASHVILLE, Tenn. - Heavy rains from Hurricane Ida have forced Bonnaroo Music & Arts Festival in Tennessee to cancel as organizers say the waterlogged festival grounds are unsafe for driving or camping.The annual festival was scheduled to start Thursday on the site of a former farm in Manchester, about an hour southeast of Nashville.On social media Tuesday, the festival said that tremendous rainfall over the last 24 hours, remnants of Ida's powerful winds and rain, have saturated the paths and camping areas.FILE - Fans attend the Bonnaroo On The Farm Concert Series featuring Jon Pardi with special guest Jameson Rodgers on May 29, 2021 in Manchester, Tenn.

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How to help victims of Hurricane Ida

NEW ORLEANS - Hurricane Ida, now a tropical storm pushing its way inland, made landfall on Sunday in Louisiana as one of the most powerful hurricanes to ever hit the U.S. mainland.Ida, which arrived on the 16th anniversary of Hurricane Katrina’s landfall, was blamed for at least one death and knocked out power to the entire city of New Orleans and many other customers throughout the region. Flooding from the storm’s rain and surge threatened hundreds of homes south of New Orleans, and rescue workers set out Monday in hundreds of boats and helicopters to reach people trapped.

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'Untold damage': Videos show Ida's trail of destruction across Louisiana

NEW ORLEANS - Ida continued to make its way through the southern U.S. on Monday after making landfall as a hurricane and leaving a trail of destruction in its path, including collapsed buildings, downed trees and flooded roads.The storm, which has since weakened to a tropical storm, blasted ashore Sunday on the same day 16 years earlier that Hurricane Katrina ravaged Louisiana and Mississippi.

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Category 4 Hurricane Ida set to make landfall in Louisiana Sunday

Hurricane Ida rapidly grew in strength early Sunday, becoming a dangerous Category 4 hurricane just hours before hitting the Louisiana coast while emergency officials in the region grappled with opening shelters for displaced evacuees despite the risks of spreading the coronavirus.As Ida moved through some of the warmest ocean water in the world in the northern Gulf of Mexico, its top winds grew by 45 mph (72 kph) to 150 mph (230 kph) in five hours. The system was expected to make landfall Sunday afternoon, set to arrive on the exact date Hurricane Katrina ravaged Louisiana and Mississippi 16 years earlier.

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Over 100 shelter pets from Louisiana airlifted to New Castle County as Hurricane Ida looms

NEW CASTLE, Del. - Over 100 dogs and cats from a shelters in Louisiana arrived in New Castle County on Saturday as Hurricane Ida threatens to pummel New Orleans and surrounding areas in the coming days.Officials from the Brandywine SPCA said most of the animals were airlifted out of harms way from Tangipahoa Parish Animal Shelter, which is located about 45 minutes away from New Orleans. Over 100 dogs and cats from Louisiana landed in New Castle County on Saturday as Hurricane Ida threatens to pummel New Orleans.

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Ida strengthens into hurricane as it tracks toward New Orleans

NEW ORLEANS - Data from an Air Force Reserve aircraft indicated that Ida had strengthened into a hurricane Friday afternoon as it approached the Isle of Youth, Cuba. Ida could be a major Category 3 hurricane by the time it finally reaches the U.S. coast, prompting a hurricane watch for New Orleans as the area prepares to mark the 16th anniversary of Hurricane Katrina’s landfall.Ida strengthened into a 75 mph storm on Friday afternoon as it nears the western side of Cuba later in the day, according to the U.S.

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Central Bank boss warns insurance firms to honour disruption claims

The Governor of the Central Bank, Gabriel Makhlouf, has sent a strong message to insurance companies involved in disputes with customers over business disruption policies.

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IDA Ireland secured 246 new investments last year despite Covid-19

The number of jobs created at IDA Ireland-backed companies continued to grow last year, despite Covid-19.

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Mum-of-nine caught coronavirus twice in four months and still suffering months later

A mother-of-nine contracted Covid-19 twice within four months and is still suffering the effects of the second bout of the virus months later.

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Josh Hartnett to Star in Action-Thriller That's Shooting During the Pandemic

Josh Hartnett is working on a new action-thriller flock.

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July stimulus package to be 'radical and far reaching' - Varadkar

The Tánaiste has said the Government's July stimulus plan should be ready the week after next and will be a multi-billion euro package.

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IDA Ireland warns of 'challenging' FDI outlook amid Covid-19

The chief executive of IDA Ireland has warned that the outlook for Foreign Direct Investment (FDI) here over the next two years looks "very challenging", as the Covid-19 pandemic continues to disrupt global trade.

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Organizations ask for help to save rescue dogs amid COVID-19 pandemic

LOS ANGELES - The global COVID-19 pandemic is impairing some international rescue organizations in their efforts to find dogs new homes.

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United States	Cases: 46 252 513 Deaths: 750 423 Recovered: 0
India	Cases: 34 321 025 Deaths: 459 652 Recovered: 0
Brazil	Cases: 21 835 785 Deaths: 608 235 Recovered: 0
United Kingdom	Cases: 9 215 683 Deaths: 141 607 Recovered: 0
Russia	Cases: 8 494 589 Deaths: 237 619 Recovered: 0