Year: 2013
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Is Jamaica the Greece of the Western Hemisphere?
KINGSTON, Jamaica – YESTERDAY the Chicago Tribune (President Obama's major hometown newspaper and one of the top five newspapers in the US) wrote an editorial with the title “Jamaica's Debt Hurricane”, subtitled “The Greece of the Western Hemisphere”. The editorial argued that Jamaica, like Greece, “illustrates the catastrophic effects of borrowing way too much, and the painful choices that follow”.…
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EDITORIAL – Jamaica’s fiscal cliff
KINGSTON, Jamaica – Judging from last Sunday evening's hunky-dory speech by Prime Minister Portia Simpson Miller, our Government may not have noticed that Jamaica is hanging precariously over, according to the American coinage, a fiscal cliff. Or, the PM has deliberately chosen to ignore the reality and sell Jamaicans a false sense of security. In the absence of ignorance of…
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Unions mum following talks with Prime Minister Anthony
CASTRIES, St. Lucia, CMC – Trade union officials were keeping mum on Tuesday, one day after Prime Minister Dr. Kenny Anthony indicated that while his government is anxious to bring closure to the wage and salary negotiations involving public servants it is not going to endorse salaries that would force the island into the clutches of the International Monetary Fund…
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US newspaper says Jamaica’s debt worse than Greece
CHICAGO, CMC – A leading United States newspaper Tuesday said that Jamaica’s debt crisis is in a worse financial shape than Greece and suggested that the Portia Simpson Miller administration consider a bailout plan with significant debt relief. The Chicago Tribune in an editorial said that Jamaica has more debt in relation to the size of its economy than any…
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T&T, Guyana in move to boost food security
PORT OF SPAIN, Trinidad – Devant Maharaj, Minister of Food Production, told the T&T Guardian that a draft Memorandum of Understanding (MOU) is being prepared to bolster relations between Guyana and T&T with respect to food security. He was speaking at a ribbon-cutting ceremony for the opening of the car park for the Norris Deonarine Wholesale Market, Macoya. He added:…
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Who should CARICOM support for WTO director general?
KINGSTON, Jamaica – INTERNATIONAL trade is vital to the survival and economic growth of small vulnerable developing economies (SVDEs). The World Trade Organisation (WTO) is the international agency charged with negotiation of the rules which constitute the multilateral trading system. The implementation and the adjudication of disputes in the interpretation and application of the rules also fall within its purview.…
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Prime Minister meets with gang leaders in the aftermath of brutal murders
BELMOPAN, Belize, CMC – Prime Minister Dean Barrow has confirmed holding talks with the leaders of a notorious criminal gang here after four men were found murdered in an apartment building on Tuesday. Barrow told reporters that he led a delegation that included National Security Minister John Saldivar for talks with the leaders of the George Street Gang and said…
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