Cabot Saint Lucia Repays NIC Investment In Full
NIC earned $2.4 million in interest
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Cabot Saint Lucia has announced that the company has repaid the National Insurance Corporation its original loan of EC$27 million plus interest of EC$2.4 million for a total of $29.4 million. The loan was extended less than 2 years ago. The NIC made the investment in April 2019, at the time when Cabot closed on the purchase of the Point Hardy land from Scotiabank.
“Two years ago we made a commitment to the NIC and the people of Saint Lucia to offer an attractive and secure investment in what would be a world‐class golf resort in the Caribbean, which would be managed prudently and would provide a healthy return on investment. We heard and understood the apprehension of many Saint Lucians when the news of the arrangement was made public. Today we have repaid the loan in full, including accrued interest. It has been an absolute pleasure working with the NIC. We are thr
County spelling bee champ addresses Lincolnview Local Board Thursday, February 25, 2021 8:58 PM Van Wert County spelling bee champion, Lincolnview eighth-grader Lindsey Hatcher, speaks to the Lincolnview Board of Education during the Boardâs meeting Thursday evening. (DHI Media/Sherry Missler) JH/HS Principal Brad Mendenhall gives his report during the Lincolnview Board of Education meeting Thursday evening. (DHI Media/Sherry Missle • •
smissler@timesbulletin.com
VAN WERT COUNTY The Lincolnview Local Board of Education met Thursday evening in the Neubrecht
Lecture Hall. The highlight of the meeting was the appearance of Van
Wert County s latest spelling bee champion, Lincolnview eighth-grader
Lindsey Hatcher. She told the Board, It was a great experience for me. Hatcher is now required to take a test to see if she will qualify for regional competition.
SCOTT TRUXELL/
independent writer
State budget cuts and future funding were two items briefly touched on during Thursday night’s meeting of the Lincolnview Local Board of Education.
Lincolnview eighth-grader and Van Wert County spelling champ Lindsey Hatcher spoke at Thursday’s meeting of the Lincolnview Local Board of Education.
Scott Truxell/Van Wert independent
Treasurer Troy Bowersock said the district received $186,000 less this year and he said he recently learned how much more will be cut from state foundation money.
“At this point in time it looks like the reduction is going to amount to $83,900 for year two, so roughly a $270,000 decrease over the last two-year period for our state funding,” Bowersock explained.
The natural gas storage report from the EIA for the week ending January 29th indicated that the amount of natural gas held in underground storage in the US fell by 192 billion cubic feet to 2,689 billion cubic feet by the end of the week, which left our gas supplies 41 billion cubic feet, or 1.5% higher than the 2,648 billion cubic feet that were in storage on January 29th of last year, and 198 billion cubic feet, or 7.9% above the five-year average of 2,491 billion cubic feet of natural gas that have been in storage as of the 29th of January in recent years..the 192 billion cubic feet that were drawn out of US natural gas storage this week was a bit less than the average forecast of a 195 billion cubic foot withdrawal from an S&P Global Platts survey of analysts, but more than the 155 billion cubic foot withdrawal from natural gas storage seen during the corresponding week of a year earlier, and also more than the average withdrawal of 146 billion cubic feet of natural gas that have
Jazz ShawPosted at 7:52 am on February 3, 2021
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As you probably recall, President Joe Biden made good on his promise to shut down the Keystone XL pipeline “on day one.” (Though that move may wind up being blocked in court.) This decision was cheered by the “keep it in the ground” crowd, who have been rather down in the dumps over the past four years as America grew to be one of the most dominant producers of oil and natural gas in the world.
Rather than just chalking one up in the win column and taking a victory lap, however, other activists who have been seeking to shut down or halt production at other pipelines have been pressuring the Biden administration to expand these efforts. The Associated Press runs down a list of the various protest groups that are vying for Biden’s attention and his support in destroying tens of thousands of good jobs and crippling the nation’s energy security. And there are more of them than you might thin