Month: July 2013
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World Bank backs Caribbean’s steady poverty reduction
WASHINGTON, CMC – The World Bank has committed US$11.8 billion in the 2013 fiscal year to support Latin America and the Caribbean resilience in the midst of global turmoil. The Washington-based financial institution said this includes resources from its International Bank for Reconstruction and Development (IBRD), International Development Association (IDA), International Finance Corporation (IFC) and Multilateral Investment Guarantee Agency (MIGA).…
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ECLAC predicts 2% growth in 2013
SANTIAGO, Chile, CMC – The United Nation’s Economic Commission for Latin America and the Caribbean (ECLAC) says the Caribbean is expected to maintain “the slow upward trend in growth observed in previous years” to reach 2.0 percent in 2013. In its Economic Survey of Latin America and the Caribbean 2013, released here on Wednesday, ECLAC said growth in Latin America…
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Top Cop denies statements
PORT OF SPAIN, Trinidad, CMC – Acting Police Commissioner Stephen Williams Wednesday denied making statements that the emails purporting to show that members of the Trinidad and Tobago government were engaged in efforts to undermine the judiciary, the DPP and the media, were false. Williams told a news conference that he was “actually astonished by such a publication because there…
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Police warn against wearing camouflage clothing
ST. GEORGE’S, Grenada, CMC – Grenada police Wednesday said they would adopt a zero policy stance regarding the wearing of camouflage clothing in public and warned both visitors and locals to desist from doing especially as the island gears up for the annual Carnival celebrations next month. “The law is pretty clear about person wearing military clothes but yet Customs…
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Rowley wants ‘transparent’ deal on CL Financial assets
PORT OF SPAIN, Trinidad – Opposition Leader Dr Keith Rowley yesterday warned Government against any “under the table” deals in any disposal of assets within the CL Financial portfolio. “Such disposal should be done openly and transparently, getting the best price on the open market,” he said. “It must stand full public scrutiny,” he declared. “We are aware that there…
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Indigenous groups file court action to halt oil drilling activities
BELMOPAN, Belize, CMC – The Sarstoon Temash Institute for Indigenous Management (SATIM) and four Mayan communities in the Tamesh National Park have gone to the court seeking to prevent a United states-based oil company drilling within the national park. SATIM and the other groups claim that US Capital Energy has started exploration work within the park and has also included…
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Offer more incentives for renewable energy – CaPRI
KINGSTON, Jamaica – The regional think tank, Caribbean Policy Research Institute (CaPRI), is urging Caribbean governments to diversify the incentives being offered in the renewable energy market. Presenting an update on its renewable-energy research that it expects will influence policies and inform potential investors on the way forward in the sector, CaPRI's renewable energy programme manager, Dr Suzanne Shaw, said…
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