Month: February 2013
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CDB president warns 7 nations on rising debt
PORT OF SPAIN, Trinidad, Express- PRESIDENT OF the Caribbean Development (CDB) Dr Warren Smith yesterday warned member countries of the regional institution to avoid facing their own “fiscal cliff”-as happened to the United States-by moving vigorously to reduce their “mounting” debt stock. At least seven borrowing countries currently confront this economic challenge. They range from the Caribbean Community's sole energy-based…
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CARIBBEAN-EARTHQUAKE-Trinidad, Grenada and Jamaica rattled by earthquake
PORT OF SPAIN, Trinidad, CMC – An earthquake with a magnitude of 4.9 and depth of 110 km rattled sections of Trinidad early Sunday morning. It’s reported that the tremor was also felt in Grenada. The Trinidad-based Seismic Research Centre at the University of the West Indies (UWI) said the quake occurred at 1:27 (local time) . It said the…
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OECS-ENVIRONMENT- OECS to launch TV series on Climate Change
CASTRIES, Saint Lucia, CMC-The Organisation of Eastern Caribbean States (OECS) Secretariat will launch a twelve-part television series on climate change on Wednesday as part of the awareness component of a USAID-funded climate change project. The television series, which was recently completed with the assistance of a St Lucian based consultant firm, is a first-time initiative of its kind for the…
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CARICOM SG PAYS OFFICIAL VISIT TO THE Bahamas
(CARICOM Secretariat, Turkeyen, Greater Georgetown, Guyana) Secretary-General of the Caribbean Community (CARICOM) Ambassador Irwin LaRocque will be paying an official visit to The Bahamas from 13-15 February. On 14 February, the second day of his visit the Secretary-General will meet with the Rt Honourable Perry Christie, Prime Minister of The Bahamas. On the first day of his visit, Ambassador LaRocque…
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‘Butch’ Stewart cautions Jamaicans against sitting and waiting for an IMF deal
(Jamaica Observer) Gordon ‘Butch’ Stewart yesterday urged Jamaicans to stop sitting around waiting for an International Monetary Fund (IMF) deal and to get on with the job of moving Jamaica forward through export earning. “We are all sitting around waiting for an IMF deal to draw down on funds from various sources. All that represents is borrowing, borrowing, and more…
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Caribbean’s first sextuplets due next month
(Trinidad Express) A 28-year-old Central woman will create history in Trinidad and Tobago and the region when she delivers the Caribbean’s first sextuplets. And, just yesterday, another woman was admitted to Mt Hope Women’s Hospital with quadruplets. The young woman who will deliver the six babies was all smiles yesterday at Mt Hope where, in a brief interview with the…
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Rare 100-mile wave spotted off T&T
(Trinidad Guardian) A huge, rarely-seen 100-mile long internal wave has been spotted near the north coast of Trinidad. A photo released two days ago by the International Space Station (ISS) shows the presence of the natural phenomenon which has largely gone undetected in T&T. An article from the National Aeronautics and Space Administration (NASA) Earth Observatory has defined “internal waves”…
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Haitian judge says Duvalier must appear at human rights hearing
PORT-AU-PRINCE, (Reuters) – An appeals court judge ordered former Haitian President Jean-Claude ‘Baby Doc’ Duvalier to appear in court later this month on human rights allegations following a raucous hearing on the issue yesterday. Duvalier, 61, the country’s former “president for life,” returned to Haiti in January 2011 after 25 years of exile and was briefly detained on charges of…
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Caribbean faces higher trade costs
KINGSTON, Jamaica, Observer – A new database developed jointly by the United Nations Economic and Social Commission for Asia and the Pacific (ESCAP) and the World Bank reveals that trade costs fall disproportionately on the Caribbean and other developing countries. The World Bank said this has taken place although the international economy has integrated considerably in recent decades. “Although developing…
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Industrial stability at a high, says minister
KINGSTON, Jamaica, Observer -LABOUR and Social Security Minister Derrick Kellier says the country is currently experiencing an unprecedented degree of industrial stability, pointing out that this is a result of the robust and mature industrial relations mechanism that now exists in Jamaica. Speaking at a press briefing held at the Ministry's North Street offices in downtown Kingston on Wednesday, Kellier…
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