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T&T pushes to lead Caribbean aviation industry
PORT OF SPAIN, Trinidad and Tobago, Guardian – With the signing of a collaboration agreement between US-based Sikorsky Aircraft Corp. and Trinidad and Tobago, the Caribbean nation moved one step closer to becoming a regional leader in the aviation industry. Sikorsky, a subsidiary of United Technologies Corp., announced the signing during the International Air and Space Fair (FIDAE) in Santiago,…
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Trinis hold marathon talks in Caracas
PORT OF SPAIN, Trinidad and Tobago, Express – The Trinidadian delegation who landed in Venezuela yesterday mor¬ning were locked in a marathon session all day into late yesterday eve¬ning with Venezuelan authorities as they sought answers involving the detention of 19 Trinidadian Muslims. The delegation, headed by Rear Admiral Richard Kelshall, arrived in the capital Caracas on a “fact-finding mission”,…
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ST.LUCIA-ECONOMY-More funds towards recovery efforts
CASTRIES, St. Lucia CMC – The World Bank will make an additional US$36 million available to St Lucia and St. Vincent and the Grenadines to assist with recovery efforts following the passage of a lethal weather system on Christmas Eve. Just days ahead of the 2014/2015 budget presentation, Prime Minister Kenny Anthony on Thursday welcomed the assistance, noting that while…
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GUYANA-ENERGY-President Ramotar says hydro project still on stream
GEORGETOWN, Guyana, CMC – The Guyana government says it remains optimistic that the Amaila Falls Hydro-Power project will become a reality despite the decision of the US-based Sithe Global Power, LLC to withdraw from the project last year. “We haven’t given up on Amaila. As far as I know it is back with the IDB (Inter American Development Bank) board,…
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Multilaterally Intermeshed AML/CFT Legislation a Critical International Obligation
GEORGETOWN, Guyana, Chronicle – Passing the Anti-Money Laundering/Countering the Financing of Terrorism (AML/CFT) act is critical to the future well-being of Guyana and to all Guyanese. Guyana has an international obligation to enact legislation, which is constitutional; harmonized with the laws of other member countries in its group; able to pass peer review by those countries; and in accord with…
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Finance Minister: No effort spared to safeguard integrity of financial systems
GEORGETOWN, Guyana, Chronicle – THE stability and strength of any financial system are an indispensable prerequisite for the overall health and well-being of an economy, says Finance Minister, Dr. Ashni Singh, and the current Administration has spared no effort in safeguarding the integrity of local financial systems. Addressing the matter Monday during his Budget 2014 presentation to the House, Dr…
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JAMAICA-ECONOMY-IMF pleased with economic reform programme
KINGSTON, Jamaica, CMC – The International Monetary Fund’s (IMF), resident representative to Jamaica, Bert Van Selm, says despite a front loaded adjustment programme, the economy has seen some growth over the first year of the programme. Van Selm, made the comment in an address to persons attending a Financial Services Commission seminar here on Wednesday. He asserted that Jamaica's economic…
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GUYANA-POLITICS-President reiterates need for opposition to ensure passage of anti-money laundering bill
GEORGETOWN, Guyana, CMC – President Donald Ramotar has reiterated the need for the opposition parties to support the anti-money laundering legislation which he said is part of the international initiative to deal with terrorism and money laundering. The opposition parties – A Partnership for National Unity (APNU) and the Alliance for Change (AFC) – control 33 of the 65-seats in…
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