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Lawmakers Weigh Exempting Alaska From Daylight Saving Time

first_imgA state Senate committee has advanced a bill that would exempt Alaska from daylight saving time.Download AudioThe bill, from Sen. Anna MacKinnon, moved from the Senate State Affairs Committee on Tuesday.It would exempt Alaska from the annual time change beginning in 2017. That means Alaska would be five hours behind the East Coast, instead of four hours behind, from about March to November.MacKinnon told the committee that there are health impacts associated with changing the clocks each spring and fall, and she wants to help Alaskans avoid those. Those include increased rates of heart attacks, suicide and traffic accidents in the spring, she said.Under the Uniform Time Act, the state has the authority to exempt itself from daylight saving time, but not to change time zones entirely.last_img read more

IMF says job done in Nicaragua closes office

first_imgRelated posts:A canal across Nicaragua: Is this for real? Russia’s Putin in Cuba, Nicaragua to rekindle Latin America ties Nicaragua’s only billionaire says luxury resort can lift economy US signs trade deal with Argentina during Obama trip Facebook Comments MANAGUA, Nicaragua – The International Monetary Fund said Wednesday it will close its office in Nicaragua in August because its job was done helping the country reduce debt and poverty, and to get on the path to sustainable growth.“This decision reflects the success Nicaragua has had in maintaining macroeconomic stability and growth” since the conclusion of a debt-reduction program in 2011, the IMF’s representative in the country, Juan Zalduendo, told a media conference.He added that the IMF would maintain its six other offices in Latin America — in Guatemala, Honduras, Haiti, Jamaica, Brazil and Peru.The head of Nicaragua’s central bank, Ovidio Reyes, told the same media conference that the closure showed the country’s “good macroeconomic results” in recent years.The IMF opened its Nicaragua office in 1995 to supervise programs aimed at stabilizing the poor Central American nation’s economy and reining in high foreign debt in the wake of decades of revolution and war.In 2005, the IMF included Nicaragua in its debt relief program under its Heavily Indebted Poor Countries Initiative. Nicaragua successfully exited the program in 2011.In the last decade the country has posted growth of over four percent a year, except in 2009 during the global financial crisis.Last year it announced that between 2009 and 2014 it had cut the proportion of its population living in poverty from 45 percent to around 30 percent — an achievement hailed in a February report by the IMF.last_img read more