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2025-01-15
There are few clearer signs of the destructive power that Hurricane Beryl unleashed on Barbados in July than the scene at the temporary boatyard in the capital, Bridgetown. Scores of mangled and cracked vessels sit on stacks, gaping holes in their hulls, their rudders snapped off and cabin windows broken. Yet these were the lucky ones. At least they can be repaired and put back out to sea. Many others sank, taking entire family incomes with them. When Beryl lashed Barbados, the island's fishing fleet was devastated in a matter of hours. About 75% of the active fleet was damaged, with 88 boats totally destroyed. Charles Carter, who owns a blue-and-black fishing vessel called Joyce, was among those affected. "It's been real bad, I can tell you. I had to change both sides of the hull, up to the waterline," he says, pointing at the now pristine boat in front of us. It has taken months of restoration and thousands of dollars to get it back to this point, during which time Charles has barely been able to fish. "That's my living, my livelihood, fishing is all I do," he says. "The fishing industry is mash up," echoes his friend, Captain Euride. "We're just trying to get back the pieces." Now, six months after the storm, there are signs of calmer waters. On a warm Saturday, several repaired vessels were put back into the ocean with the help of a crane, a trailer and some government support. Seeing Joyce back on the water is a welcome sight for all fishermen in Barbados. But Barbadians are acutely aware that climate change means more active and powerful Atlantic hurricane seasons - and it may be just another year or two before the fishing industry is struck again. Beryl, for example, was the earliest-forming Category 5 storm on record. Few understand the extent of the problem better than the island's Chief Fisheries Officer, Dr Shelly Ann Cox. "Our captains have been reporting that sea conditions have changed," she explains. "Higher swells, sea surface temperatures are much warmer and they're having difficulty getting flying fish now at the beginning of our pelagic season." The flying fish is a national symbol in Barbados and a key part of the island's cuisine. But climate change has been harming the stocks for years. At the Oistins Fish Market in Bridgetown, flying fish are still available, along with marlin, mahi-mahi and tuna, though only a handful of stalls are open. At one of them, Cornelius Carrington, from the Freedom Fish House. fillets a kingfish with the speed and dexterity of a man who has spent many years with a fish knife in his hands. "Beryl was like a surprise attack, like an ambush," says Cornelius, in a deep baritone voice, over the market's chatter, reggae and thwack of cleavers on chopping boards. Cornelius lost one of his two boats in Hurricane Beryl. "It's the first time a hurricane has come from the south like that, normally storms hit us from the north," he said. Although his second boat allowed him to stay afloat financially, Cornelius thinks the hand of climate change is increasingly present in the fishermen's fate. "Right now, everything has changed. The tides are changing, the weather is changing, the temperature of the sea, the whole pattern has changed." The effects are also being felt in the tourism industry, he says, with hotels and restaurants struggling to find enough fish to meet demand each month. For Dr Shelly Ann Cox, public education is key and, she says, the message is getting through. "Perhaps because we are an island and we're so connected to the water, people in Barbados can speak well on the impact on climate change and what that means for our country," she says. "I think if you speak to children as well, they're very knowledgeable about the topic." To see for myself, I visited a secondary school – Harrison College – as a member of a local NGO, the Caribbean Youth Environmental Network (CYEN), talked to members of the school's Environmental Club about climate change. The CYEN representative, Sheldon Marshall, is an energy expert who quizzed the pupils about greenhouse gases and the steps they could take at home to help reduce carbon emissions on the island. "How can you, as young people in Barbados, help make a difference on climate change?" he asked them. Following an engaging and lively debate, I asked the pupils how they felt about Barbados being on the front line of global climate change, despite having only a small carbon footprint itself. "Personally, I take a very pessimistic view," said 17-year-old Isabella Fredricks. "We are a very small country. No matter how hard we try to change, if the big countries – the main producers of pollution like America, India and China – don't make a change, everything we do is going to be pointless." Her classmate, Tenusha Ramsham, is slightly more optimistic. "I think that all great big leaps in history were made when people collaborated and innovated," she argues. "I don't think we should be completely disheartened because research, innovation, creating technology and education will ultimately lead to the future that we want." "I feel if we can communicate to the global superpowers the pain that we feel seeing this happen to our environment," adds 16-year-old Adrielle Baird, "then it would help them to understand and help us collaborate to find ways to fix the issues that we're seeing." For the island's young people, their very futures are at stake. Rising sea levels now pose an existential threat to the small islands of the Caribbean. It is a point on which the Prime Minister of Barbados, Mia Mottley, has become a global advocate for change – urging greater action over an impending climate catastrophe in her speech at COP29 and calling for economic compensation from the world's industrialised nations. On its shores and in its seas, it feels like Barbados is under siege - dealing with issues from coral bleaching to coastal erosion. While the impetus for action comes from the island's youth, it is the older generations who have borne witness as the changes unfold. Steven Bourne has fished the waters around Barbados his whole life and lost two boats in Hurricane Beryl. As we look out at the coastline from a dilapidated beach-hut bar, he says the island's sands have shifted before his very eyes. "It's an attack from the elements. You see it taking the beaches away, but years ago you'd be sitting here, and you could see the water's edge coming upon the sand. Now you can't because the sand's built up so much." By coincidence, in the same bar where I chatted to Steven was Home Affairs Minister Wilfred Abrahams, who has responsibility for national disaster management. I put it to him that it must be a a difficult time for disaster management in the Caribbean. "The whole landscape has changed entirely," he replied. "Once upon a time, it was rare to get a Category Five hurricane in any year. Now we're getting them every year. So the intensity and the frequency are cause for concern." Even the duration of the hurricane season has changed, he says. "We used to have a rhyme that went: June, too soon; July, standby; October, all over," he tells me. Extreme weather events like Beryl have rendered such an idea obsolete. "What we can expect has changed, what we've prepared for our whole lives and what our culture is built around has changed," he adds. Fisherman Steven Bourne had hoped to retire before Beryl. Now, he says, he and the rest of the islanders have no choice but to keep going. "Being afraid or anything like that don't make no sense. Because there's nowhere for we to go. We love this rock. And we will always be on this rock."Will Foster Moreau Play in Week 13? NFL Injury Status, News & UpdatesShould you Buy RVNL, Tata Power shares? What market expert saidfortune gems 3 download free apk



Young men swung to the right for Trump after a campaign dominated by masculine appeals

US President-elect Donald Trump on Saturday demanded that BRICS member countries commit to not creating a new currency or supporting another currency that would replace the United States dollar or face 100% tariffs. "We require a commitment from these Countries that they will neither create a new BRICS Currency, nor back any other Currency to replace the mighty US Dollar or, they will face 100% Tariffs, and should expect to say goodbye to selling into the wonderful US Economy," Trump wrote on his social media platform, Truth Social. "They can go find another 'sucker'. There is no chance that the BRICS will replace the US Dollar in International Trade, and any Country that tries should wave goodbye to America." (Except for the headline, this story has not been edited by NDTV staff and is published from a syndicated feed.) Track Latest News Live on NDTV.com and get news updates from India and around the world

Dodgers announce 5-year contract with LHP Blake SnellNorth Carolina interviews Bill Belichick for head coaching job, AP sources sayThere’s a concept doing the rounds–just now in the west–that will render trading hours redundant. It’s called the 24X National Exchange.The 24X National Exchange, which counts Steve Cohen’s Point72 ventures fund as a backer, has secured permission to start offering sessions that span the US daytime and later add overnight trading. The plan would preserve one-hour breaks starting at 7 p.m. Opponents have been quick to warn that the quality of trading would suffer from lower volume, which can make pricing less precise. A lower volume is an obvious outcome when hours are relaxed and investors do not need to plane their play within restricted hours. Generations have gone by and stock traders across the globe have worked their schedules and businesses around what are popularly known as ‘trading hours’. The hours between the opening and the closing bells. In India that happens to be between 9.15am and 3.30pm. Settlements happen at the end of the day. During the day seasoned traders have figured out strategies based on statistics on the most and least profitable trading periods. There’s the 10 am rule that refers to the idea that the traders should not make any big moves before 10 am in a trading day. This is because investors believe that the time between ‘Opening Bell’ and 10.00 am is meant for the market to stabilise. Then there’s the “11 am rule” which refers to a guideline suggesting that it’s prudent for traders to wait until 11 am before making any significant trading calls. Traders aim to gain better clarity on market trends and reduce the risk of making impulsive or emotionally-driven trades. This approach can help traders make more informed decisions based on more stable market conditions later in the morning. Here’s a breakdown of the rationale behind the rule: · Market Activity: By 11 am EST, the market has already been in session for a few hours, with a significant portion of trading activity having occurred. · Trend Confirmation: A new high or low established during this time frame, especially with good volume, might be seen as a confirmation of the existing trend. · Institutional Investors: Some believe larger institutional investors may be placing larger orders around this time, influencing the direction of the stock price. In the Indian stock markets–BSE and NSE–trading hours become important for short sellers as well, as settlements happen at the end of the closing bell. Why am I going through this information? There’s a concept doing the rounds–just now in the west–that will render trading hours redundant. It’s called the 24X National Exchange. The 24X National Exchange, which counts Steve Cohen’s Point72 ventures fund as a backer, has secured permission to start offering sessions that span the US daytime and later add overnight trading. The plan would preserve one-hour breaks starting at 7 p.m. Who’s Steve Cohen? He’s an American hedge-fund manager and presently the owner of the New York Mets of Major League Baseball. Cohen bought the New York Mets in 2020 for a colossal $2.4 billion, the highest sale price ever for any Major League Baseball team. Why am I tell you this? Simply to emphasize that the man means business. What’s Point72? Point72 Asset Management, is a $35 billion (assets under management) hedge fund firm that was established in 2014 and started managing outside capital in the year 2018. As with everything out of the ordinary, there has be an instant resistance. The proposal to allow nonstop stock trading has split Wall Street. Opponents have been quick to warn that the quality of trading would suffer from lower volume, which can make pricing less precise. A lower volume is an obvious outcome when hours are relaxed and investors do not need to plane their play within restricted hours. Supporters have pointed to the fact that stock traders are most at-risk when the market is closed in their geographic location, a problem that this concept will be seeking to alleviate. How would 24X really function? 24X would offer three sessions that start at 4 a.m. in New York and extend to 7 p.m. Once it’s able to meet certain data requirements, it is likely to add an overnight session from 8 p.m. right up until 4 a.m., according to SEC’s order. The schedule would run from Sunday evening through Friday evening. That traders and investors will take time to learns the ropes of playing in a round-the-clock market goes with out question. It remains to be seen the new opportunites this system would have the potential of offering to maverick hyper-innovative speculators. Click for more latest Markets news . Also get top headlines and latest news from India and around the world at News9. Amit Ranjan Kumar is an Executive Editor with NEWS9 Plus. He is a producer and director with 25 years of experience in the creative space in India and the APAC markets.

WEST PALM BEACH, Fla. (AP) — Canadian Prime Minister Justin Trudeau said Saturday he had an “excellent conversation” with Donald Trump at his Mar-a-Lago club after the president-elect's threat to impose significant tariffs on two of America’s leading trade partners raised alarms in Ottawa and Mexico City . It was unclear, as Trudeau headed back to Canada from Florida, whether the conversation had alleviated Trump’s concerns. A person familiar with the details of the leaders' hastily arranged meeting Friday night said it was a “positive wide-ranging dinner that lasted three hours.” The official, who was not authorized to discuss the matter publicly and spoke to The Associated Press on condition of anonymity, said topics included trade, border security, fentanyl, defense, Ukraine, NATO, China, the Mideast and pipelines, as well as the the Group of Seven meeting in Canada next year. The Republican president-elect has threatened to impose tariffs on products from Canada and Mexico if the countries don’t stop what he called the flow of drugs and migrants across their borders. He said he would impose a 25% tax on all products entering the U.S. from Canada and Mexico as one of his first executive orders when he takes office in January. As he was leaving his West Palm Beach hotel, Trudeau stopped briefly to answer a reporter’s question about the dinner meeting, saying it was "an excellent conversation." Trump’s transition team did not respond to questions about what the leaders had discussed. Trump, during his first term as president, once called Trudeau “weak” and “dishonest,” but it was the prime minister who was the first G7 leader to visit Trump since the Nov. 5 election. "Tariffs are a crucial issue for Canada and a bold move was in order. Perhaps it was a risk, but a risk worth taking,” Daniel Béland, a political science professor at McGill University in Montreal. Among those at the dinner were Howard Lutnick, Trump's pick for commerce secretary; North Dakota Gov. Doug Burgum, in line to lead the Interior Department; and Mike Waltz, Trump's choice to be his national security adviser. Accompanying Trudeau were Canada's public safety minister, Dominic LeBlanc, whose responsibilities include border security, and Katie Telford, Trudeau's chief of staff. Trudeau had said earlier Friday that he would resolve the tariffs issue by talking to Trump. Mexican President Claudia Sheinbaum said a day earlier after speaking with Trump that she is confident a tariff war with the United States will be averted. Trudeau said Trump got elected because he promised to bring down the cost of groceries but now he's talking about adding 25% to the cost of all kinds of products including potatoes from Prince Edward Island in Atlantic Canada. “It is important to understand that Donald Trump, when he makes statements like that, he plans on carrying them out. There’s no question about it,” Trudeau said before his leaving for Florida. “Our responsibility is to point out that he would not just be harming Canadians, who work so well with the United States, but he would actually be raising prices for Americans citizens as well and hurting American industry and business,” he added. To Nelson Wiseman, professor emeritus at the University of Toronto, Trump "doesn’t need convincing that new tariffs on Canadian products would not be in U.S. interests. He knows that, but cannot say it because it would detract from what he has said publicly. His goal is to project the image that he gets action when he talks.” Those tariffs could essentially blow up the North American trade pact that Trump’s team negotiated during his first term. Trudeau noted they were able to successfully renegotiate the deal, which he calls a “win win” for both countries. Trump made the tariff threat Monday while citing an influx of migrants entering the country illegally, even though the numbers at the Canadian border pale in comparison to those at the U.S.-Mexico border. Trump also spoke about fentanyl from Mexico and Canada, even though seizures from the Canadian border are few in comparison to the Mexican border. Canadian officials say lumping Canada in with Mexico is unfair but say they are ready to make new investments in border security. When Trump imposed higher tariffs during his first term in office, other countries responded with retaliatory tariffs of their own. Canada, for instance, announced billions of new duties in 2018 against the U.S. in a response to new taxes on Canadian steel and aluminum. Canada is the top export destination for 36 U.S. states. Nearly $3.6 billion Canadian (US $2.7 billion) worth of goods and services cross the border each day. ___ Gillies reported from Toronto.

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