Month: July 2013
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T&T gets triple A rating
PORT OF SPAIN, Trinidad – Four consecutive quarters—one year—of economic growth for Trinidad and Tobago. This was disclosed by Finance Minister Larry Howai at yesterday’s post-Cabinet news briefing at the Prime Minister’s St Clair office. He also said Trinidad and Tobago had received a triple A rating from CariCris, the Caribbean credit ratings agency.
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UN allocates funds for cholera response in Haiti
UNITED NATIONS, CMC – The United Nations says its emergency relief fund will allocate an additional US$1.5 million to the cholera response in Haiti at a time when cases are set to rise due to the rainy season. “Cholera has claimed over 8,100 lives and infected over 660,000 people since the outbreak began in Haiti in 2010,” said the Operations…
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Twenty four countries to participate in CARIFESTA XI
GEORGETOWN, Guyana, CMC – Twenty four countries from across the region have confirmed their participation in the Caribbean Festival of Arts and Culture (CARIFESTA), scheduled to be held in Suriname, August 16- 25. This was disclosed by the Chairman of the Host Country Management Committee (HCMC), Ivan Graanoogst at a recent press conference held at the Headquarters of Carifesta XI…
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Multilateral development institutions support sustainable regional development
WASHINGTON, CMC – The leaders of seven multilateral organizations have appealed for global support of a report issued by a high-level United Nations panel calling for ending extreme poverty and promoting sustainable development in the Caribbean and other countries. The Inter-American Bank (IDB) said on Wednesday that the leaders of the multilateral organizations offered their support for the panel’s findings…
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CSME DOESN’T FLOAT OUR BOAT-
KINGSTON, Jamaica – Federation had a swift demise. With hindsight we now know it could not work for us. CARICOM was a “feel-good” project of limited scope; the CSME is a reprise of a federal vision couched as a single economy. Over decades, powerful men invested their reputations but did no due diligence. CARICOM was faith. In a free market,…
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Jamaica’s very surprising call over CARICOM
BRIDGETOWN, Barbados – THIS IS UNDOUBTEDLY a most challenging period in global political and economic developments for some members of CARICOM. And a few leading Community partners seem to be wilting under mounting economic and social pressures, resulting in rather surprising political posturings. None more so than in the case of Jamaica. Last week, for instance, that country’s opposition leader…
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Trying to understand ‘convergence’
GEORGETOWN, Guyana – Prime Minister Kamla Persad-Bissessar’s reference, in her opening remarks at the recent meeting of CARICOM Heads in Port of Spain, to the view that “CARICOM, as it was originally envisioned, has reached its political, socio-economic and ideological limits,” may have its genesis in the thinking of her foreign minister, Winston Dookeran. In our editorial of December 21,…
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Caribbean Community Maps Out Renewable Energy Plan
Worldwatch Institute highlights next steps for CARICOM region to transition to an energy sector less reliant on fossil fuels Christ Church, Barbados—The Worldwatch Institute is assisting the Caribbean Community (CARICOM) in developing a Caribbean Sustainable Energy Roadmap and Strategy (C-SERMS) to provide a more strategic approach to implementing renewable energy and energy efficiency measures in the region. The overall goals are to…
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Momentum Shifts in Syria, Bolstering Assad’s Position
BEIRUT, Lebanon — Not long ago, rebels on the outskirts of Damascus were peppering the city with mortar rounds, government soldiers were defecting in droves and reports circulated of new territory pried from the grip of President Bashar al-Assad. As his losses grew, Mr. Assad unleashed fighter jets and SCUD missiles, intensifying fears that mounting desperation would push him to…
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