first_imgGolf star, Tiger Woods has expressed his regret about the killing of George Floyd after a police officer kneeled on his neck for close to nine minutes.Woods became the latest sports star to offer condolences to the family and loved ones of Floyd.“My heart goes out to George Floyd, his loved ones and all of us who are hurting right now,” Woods said in a statement posted on Twitter.Woods added that while he had enormous respect for the police, this incident was one that “crossed the line.”“I have always had the utmost respect for our law enforcement. They train so diligently to understand how, when and where to use force. This shocking tragedy clearly crossed that line,” he said.Floyd died after complaining that he couldn’t breathe when the arresting officer, Derek Chauvin, kneeled on his neck for a number of minutes.CNN reported that four officers at the scene were fired on Tuesday and that state and federal authorities are investigating the case.The Minneapolis Police said in a statement that their officers had been called in over an alleged forgery, arresting Floyd who was at the scene.Police said he “physically resisted” arrest when he was being handcuffed, however, footage from witnesses and from nearby cameras did not show any confrontation between Floyd and the officers.Before he knelt on Floyd’s neck, Derek Chauvin was the subject of 18 prior complaints filed against him with the Minneapolis Police Department’s Internal Affairs. Chauvin is charged with third-degree murder and second-degree manslaughter in connection to the death of George Floyd. (Hennepin County Sheriff’s Office)The police added that Floyd “appeared to be suffering medical distress.” during the arrest and that he was taken to a hospital, where he was pronounced dead.Chauvin has since been charged with third-degree murder and second-degree manslaughterThe incident has sparked protests across the US, with some turning violent.Woods addressed the riots as well stating that destroying properties was not the answer.“I remember the LA riots and learned that education is the best path forward,” he said.“We can make our points without burning the very neighborhoods that we live in, I hope that through constructive, honest conversations we can build a safer, unified society.”last_img read more

first_imgThe Liberia Business Association (LIBA) has rejected the proposition for the eradication of dual currency in Liberia, arguing that the country does not have the productive capacity to institute a single currency regime.LIBA said the international financial system would not have confidence in the country’s single currency owing to the country’s low economic output, coming from conflict and being characterized by mismanagement of its economy over the decades.The Secretary General of LIBA, Ms. Leelai M. Kpukuyou, gave her expert opinion to lawmakers yesterday in Ganta, Nimba County, during a five-day retreat on the Proposed Amendments to the 1986 Constitution of Liberia.Ms. Kpukuyou said though timing is important, LIBA believes that the House of Representatives should delay moving toward a single currency in the immediate future until productive capacities are greatly improved.“Until we add value to our own currency through Liberian businesses we cannot have a single currency,” Ms. Kpukuyou said. “We need to take our economy from the hands of foreigners, formalize the informal business sector, then we are ready for a single currency.”She pointed out that despite the high rate of exchange – L$88 to US$1 – Liberia’s economic recovery is in fact still being supported by the use of the dual currency system.She said recent statistics from the Central Bank of Liberia (CBL) indicate that more than 70% of broad money (M1 and M2) is denominated in US dollars.“Accordingly, the use of the dual currency regime has been a blessing for Liberia’s economic recovery,” Ms. Kpukuyou said.“While Liberia has officially sanctioned the use of the United States dollar as legal tender, it is not the only country in the world with high dollarization. Other countries, such as Ecuador, El Salvador, Panama and Timor Leste have higher proportions of foreign currency deposits to broad money.”The strength of any country’s currency depends on productivity for local consumptions and for export, which will allow the country to maintain a considerable balance, according to Kpukuyou .During the formal opening program, the Presiding Chairman on the House Joint Committee on Good Governance, Elections and Inauguration and Judiciary and the Chairman on the Constitutional Review Committee (CRC) gave an overview of the retreat.Share this:Click to share on Twitter (Opens in new window)Click to share on Facebook (Opens in new window)last_img read more