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No British support to invade Grenada
LONDON, CMC – Britain had been against United States plans to invade Grenada in 1983, according to documents released Thursday by the National Archives here. The documents indicate that then Prime Minister Margaret Thatcher and United States president Ronald Reagan were at odds over the plans to invade the Caribbean island after its then left wing leader, Maurice Bishop and…
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Warning for Caribbean countries
WASHINGTON, CMC – Caribbean countries have been warned that while increased financial integration has facilitated the flow of funds and allowed regional countries to overcome scale constraints, the increased interconnectedness has also built systemic risks and increased the likelihood of contagion. An International Monetary Fund (IMF) Working Paper examining the “Financial Interconnectedness and Financial Sector Reforms in the Caribbean” notes…
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CARICOM divide deepen-Tufton fires back after Nicholson dismisses proposal to withdraw regional body
KINGSTON, Jamaica, Gleaner – The rhetorical fisticuffs between the Government and the Opposition over Jamaica's continued participation in CARICOM became more intense yesterday, with the opposition spokesman on trade, Dr Chris Tufton, berating remarks by his government counterpart, A.J. Nicholson, who wants no part in any suggestion about a temporary withdrawal from CARICOM. The suggestion was made by the leadership…
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Firm commitment
KINGSTON, Jamaica, CMC – The Jamaica government has reiterated its commitment to the regional integration movement, CARICOM, and dismissed calls for the island to quit the 15-member grouping. Foreign Affairs Minister, AJ Nicholson in a statement in the Upper House on Wednesday addressed comments from former Prime Minister Andrew Holness and opposition Jamaica Labour Party (JLP) legislator Dr. Christopher Tufton…
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Dominican national appointed CARIFORUM Director General
GEORGETOWN, Guyana, CMC – Dominican Percival Marie Thursday took up the appointment of Director General of the Caribbean Forum of the African, Caribbean and Pacific (CARIFORUM) pledging to effect an integrated and comprehensive approach to the work of the two units that comprise the directorate. Marie, who formally served as the executive director of CARIFORUM Directorate, replaces Ivan Ogando Lora.…
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CARICOM courts increased funding from International Development Partners
(CARICOM Secretariat, Turkeyen, Greater Georgetown, Guyana) The Caribbean Community (CARICOM) on Tuesday put forward a case to raise the level of funding from its International Development Partners (IDPs) and to increase the number of Community priorities in the bilateral and regional programmes of the IDPs. CARICOM Secretary-General Ambassador Irwin LaRocque wants to ensure that the Community’s positions are reflected in…
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CARIFORUM Platform to be Strengthened, says New DG
(CARICOM Secretariat, Turkeyen, Greater Georgetown, Guyana) Mr. Percival Marie, a national of the Commonwealth of Dominica, assumes office on August 1 as Director-General of the Caribbean Forum of African, Caribbean and Pacific (ACP) States (CARIFORUM) Directorate in the Caribbean Community (CARICOM) Secretariat. He replaces Mr. Ivan Ogando Lora. Mr. Marie who has been appointed for a period of three years…
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Electoral Commission to consider new proposals on campaign financing
KINGSTON, Jamaica, CMC – The Electoral Commission of Jamaica (ECJ) will meet on Wednesday to consider a proposal to increase the amount of funds individuals and donors can contribute to candidates and political parties, as part of draft legislation for campaign financing. ECJ Chairman Dr Herbert Thompson told The Jamaica Gleaner newspaper that the commission's original recommendation two years ago…
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Government worried about unpredictable nature of gold prices
GEORGETOWN, Guyana, CMC – The Guyana government says it is monitoring the “unpredictable nature of gold prices” as the commodity was being sold on the market at US$1, 330 an ounce. Natural Resources and the Environment Minister Robert Persaud said the authorities share the anxiety of the mining community “as to the unpredictable nature of gold prices given the importance…
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