admin
-
Grenada and China looking to improve diplomatic relations
ST. GEORGE'S, Grenada, CMC – China is promising to deepen its relationship with Grenada eight years after the Caribbean island broke off diplomatic relations with Taiwan. Beijing’s first ever female ambassador to Grenada, Ou Boqian, said the relationship has grown over the years and “I am working to further enhance the relationship between China and Grenada”. Foreign Affairs Minister Nickolas…
Read More » -
Government blasts opposition over hydro-electricity bills
GEORGETOWN, Guyana, CMC – Government is describing as a “travesty against the people of Guyana” a decision by opposition legislators not to support measures aimed at raising the guarantee limit of loans for the development of hydro-electricity in the country. Finance Minister Dr. Ashni Singh said that the passage of Hydro-Electric Power (Amendment) Bill as well as the accompanying motion…
Read More » -
Yachting sector contributes EC$130M to the economy
ST.GEORGE’S, Grenada, CMC – The yachting sector has provided a significant boost to the economy, based on the results of a survey conducted between May 2012 and April 2013 . The survey revealed that the sector’s net contribution to Grenada was EC$130 million with repairs and maintenance is responsible for 25% of the amount. President of the Marine and Yachting…
Read More » -
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.
Read More » -
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…
Read More » -
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…
Read More » -
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…
Read More » -
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,…
Read More »