KINGSTON adidas nmd human race tilbud , Feb. 25 (Xinhua) -- On promises to create jobs and cut taxes, the current opposition Jamaica Labor Party (JLP) regained power in this Caribbean island nation with a narrow victory in parliamentary elections on Thursday.
Poll results show the JLP, led by Andrew Holness, garnered 33 seats in the 63-seat House of Representatives, while the ruling People's National Party (PNP), led by Prime Minister Portia Simpson-Miller, won the other 30 seats.
A total of 869 adidas nmd r2 tilbud ,579 eligible voters cast their ballots in Thursday's elections, with 50.2 percent voting for the JLP and 49.7 percent for the PNP.
"This is not the end of the journey. It's the beginning of changing Jamaica... our mission is to move Jamaica from poverty to prosperity, our mission is to make it possible," a beaming Holness told jubilant supporters shortly after his victory was confirmed.
"We will grow the Jamaican economy, we will create jobs, we will give you an accountable and responsive government, and we will also address your water problems. We will address your housing problems adidas nmd city sock tilbud , we will address your education problems and we will beat your healthy problems," Holness said.
Simpson-Miller conceded the defeat. She asked supporters to accept what has happened and "go home safe."
Holness will be Jamaica's next prime minister. He was first elected as a member of parliament in 1997 at the age of 25. He succeeded Bruce Golding as leader of the JLP and the prime minister of Jamaica on Oct. 23, 2011.
Two months later, his party was defeated by its old rival the PNP in the parliamentary elections.
Over the past four years, Jamaica has suffered an economic stagnation with an average growth rate below 1 percent. Its per capita income is the lowest among English-speaking Caribbean islands.
In 2013, Jamaica struck a deal with the International Monetary Fund, under which the global financial institution agreed to inject some 932 million U.S. dollars into the debt-ridden economy in a four-year term. In return adidas nmd xr1 tilbud , the Caribbean nation island promised to cut government spending, freeze public sector wages and restructure public debts.
With these austerity measures in place, the Simpson-Miller administration managed to bridge the fiscal deficit and put the economy on the track of growth. But high unemployment, growing household cost and high crime rate remain.
The unemployment rate in Jamaica now stands at around 13 percent, with about 38 percent of young people without jobs.
The country is among countries with the highest homicide rate in the world, according to the United Nation's Office on Drugs and Crime. It recorded 1,207 murders in 2015 adidas nmd dame tilbud , up nearly 20 percent year-on-year.
During the election campaign, Holness promised to abolish income tax for those who earn less than 1.5 million Jamaican dollars (12,400 U.S. dollars) per year, and to create 250,000 new jobs in the next five years.
His other promises include boosting the agriculture sector, improving public sector efficiency, facilitating housing solutions and attracting foreign investment.
Jamaica's parliament has two chambers -- the 63-member House of Representatives adidas nmd herre tilbud , which is directly elected, and the 21-member Senate, whose 13 members are chosen by the prime minister and the other eight members by the leader of the opposition.
WASHINGTON, Feb. 11 (Xinhua) -- In her first testimony to the Congress, U.S. Federal Reserve Chair Janet Yellen reiterated central bank's plan to taper its stimulus exit despite recent weakness in the economy.
The current economic situation and outlook, as well as the monetary policy, were the main focus of the hearing held twice a year.
Yellen told lawmakers she expected "a great deal of continuity" in the central bank's monetary policy adidas superstar slip on herre tilbud , saying that she served on the Fed policy-setting committee as the bank formulated its current policy strategy and she strongly supported that strategy.
Yellen, 67, took the oath of office to lead the Federal Reserve System on Feb. 3, succeeding Ben Bernanke, who stepped down after eight turbulent years. She was previously the Fed's vice Chair.
In the public debut in her new role, Yellen said while the economy gained steam at the end of 2013, recovery in the U.S. labor market was "far from complete adidas superstar slip on dame tilbud ," underscoring the importance of considering more than just the unemployment rate when evaluating the conditions of the labor market.
Her point of keeping an eye on wider range of labor indicators is particularly important as the unemployment rate, now at 6.6 percent, is near the 6.5 percent threshold the Fed once identified as the level that would need to be reached before officials would consider a hike in the interest rates.
"If coming information broadly supports the Committee's expectation of ongoing improvement in labor market conditions and inflation moving back toward its long-run objective, the Committee will likely reduce the pace of asset purchases in further measured steps at future meetings," Yellen indicated steady pullback in Fed stimulus, referring to the Federal Open Market Committee, which sets monetary policy.
While admitting she was "surprised" by the two recent jobs reports that showed the pace of job creation running under what she had expected adidas superstar 80s tilbud , Yellen cautioned against jumping to conclusions of the longer trend. She told the Congress that the Fed needs to see a "notable change" in the economic outlook to consider pausing its withdrawal of stimulus.
The Fed trimmed its monthly purchases of Treasury and mortgage- backed securities by a total of 10 billion dollars in both December and January, citing strengthening economy and continued improvement in the labor market.
The Fed policymakers have suggested they would continue to reduce the bond buying, which now totals 65 billion dollars a month, at a similar pace at each Fed meeting and end it by the end of 2014, provided the eco. Cheap NFL Jerseys From China Cheap Jerseys From China Cheap Wholesale NHL Jerseys Cheap NFL Jerseys Online Cheap NFL Jerseys Free Shipping Cheap NFL Jerseys China Free Shipping Cheap Nike NFL Jerseys Wholesale Jerseys China Wholesale Football Jerseys Wholesale Football Jerseys