admin
-
Jamaica backs FAO call for a hunger-free world
KINGSTON, Jamaica- JAMAICA has supported a call, led by the United Nations Food and Agriculture Organisation (FAO), for the eradication of hunger and malnourishment in the world. Speaking at the 38th Session of the FAO's Conference at its headquarters in Rome, Italy on Tuesday, Minister of Agriculture and Fisheries Roger Clarke said “Jamaica underscores our commitment to totally eradicating hunger…
Read More » -
Jamaica removed from United States Trafficking in Persons watch list
KINGSTON, Jamaica – JAMAICA has been removed from the United States' State Department Trafficking in Persons Tier Two watch list, National Security Minister Peter Bunting has said. The country was last year downgraded from a Tier Two to the Tier Two watch list by the State Department's 2012 report on Trafficking in Persons in its ranking of the measures being…
Read More » -
Former Guyana President to lead Commonwealth Expert Group on Climate Finance
LONDON, CMC-Bharrat Jagdeo , the former President of Guyana has been invited to lead a high level team of experts to identify solutions for unlocking resources to enable climate-vulnerable Commonwealth countries to combat climate change. Commonwealth Secretary-General Kamalesh Sharma on Thursday announced that Jagdeo will be joined by eight others to press the international community to help identify practical solutions…
Read More » -
Guyana benefits from EU sugar grant
GEORGETOWN, Guyana, CMC – Guyana is receiving more than Euro 23 million (One Euro = US$1.29 cents) from the European Union under an initiative that has so far provided nearly Euro 100 million as sector policy budget support. Finance Minister Dr. Ashni Singh and the EU’s Ambassador here, Robert Kopecky signed the financing agreement for the Guyana Annual Action Programme…
Read More » -
ECLAC says port activity in the Caribbean remained sluggish in 2012
SANTIAGO, Chile, CMC – The Economic Commission for Latin America and the Caribbean (ECLAC) says the container throughput in Latin American and Caribbean ports remained sluggish in 2012, confirming the slowdown in the region's foreign trade over the past year. ECLAC on Wednesday attributed this to the recession in Europe and slower growth in the United States and China. According…
Read More » -
Regional credit rating agency downgrades St. Lucia
CASTRIES, St. Lucia, CMC-Persistent and severe deterioration in government’s fiscal position and a resultant steady increase in debt stock are among reasons which the Caribbean Information and Credit Rating Services Limited (CariCRIS) has cited for its decision to downgrade St Lucia’s credit ratings. CariCRIS is a regional credit rating agency, with a market-driven initiative aimed at fostering and supporting the…
Read More » -
Bermuda to borrow $800 million to cover budget deficits
HAMILTON, Bermuda, CMC — Finance Minister Bob Richards announced on Thursday that his One Bermuda Alliance (OBA) government is to borrow up to US$800 million to cover budget deficits for the next three years. Richards told the media that borrowing for the medium term in the current low interest rate environment would save the taxpayer millions of dollars in financing…
Read More » -
Bharath: CAL looking to deal with spending
PORT OF SPAIN, Trinidad – Approaches have been made to Caribbean Airlines (CAL) to initiate a Colombia/T&T/London route and a Panama/T&T/London route, Trade Minister Vasant Bharath says. At yesterday’s weekly post-Cabinet press conference Bharath said the current focus for the moment was on returning to basics and dealing with capital expenditure. He said he met recently with new CAL interim…
Read More » -
National pride must not override regional good
PORT OF SPAIN, Trinidad – In 2011, when Caribbean Airlines (CAL) and Air Jamaica joined forces, the plan was that this “truly Caribbean airline” would efficiently serve the region and beyond as “one airline but two brands,” replacing two loss-making airlines which had been propped up and protected by their governments for several decades. But, as this week’s ultimatum from…
Read More » -
‘Govts committed to CAL/Air Jamaica union’
PORT OF SPAIN, Trinidad – The government of Trinidad and Tobago and the government of Jamaica are committed to making the Caribbean Airlines/Air Jamaica arrangement work. Therefore, both countries have set up committees to look at some of the problems affecting the CAL/Air Jamaica arrangement, Minister in the Ministry of Finance Vasant Bharath said yesterday. “The teams would look at…
Read More »