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Opposition Leader says lack of confidence led to bond being under-subscribed
KINGSTOWN, St. Vincent, CMC – Opposition Leader Arnhim Eustace says a lack of confidence in the finances of the St. Vincent and the Grenadines government is responsible for the EC$40 million (One EC dollar = US$0.37 cents) 10-year bond issued last month being significantly undersubscribed. Eustace said over the years, he has been complaining about the declining finances in the…
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Former Premier to stand trial
GRAND TURK, Turk and Caicos Islands, CMC – The head investigator in a British Government’s probe of corruption in the Turks and Caicos Islands says former Premier Michael Misick will stand trial. Helen Garlick of the Turks and Caicos Special Investigation and Prosecution Team, said Misick will join 10 others, including four of his cabinet ministers, in defending allegations that…
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Making sense of Jamaica’s growth challenges
KINGSTON, Jamaica – There is much anxiety today among Jamaicans at home and abroad concerning Jamaica's economic future. Those who have been brave enough to look over the economic precipice often return to the fold with grossly disturbing news. We hear, for instance, that Jamaica's indebtedness has forced the Government to allocate a relatively large share of its already meagre…
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Haiti to host ACS Summit
Port of Spain, Trinidad, CMC – Several Caribbean Community (CARICOM) member states will be represented at the 5th Summit of the Heads of State and/or Government of The Association of Caribbean States (ACS), to be held in Haiti this week. Sustainable tourism, trade, air and maritime transport and disaster risk reduction are some of the issues to be discussed at…
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Leaders urged to put tourism on front burner
PORT OF SPAIN, Trinidad – Dr Rufus Ewing, Premier of the Turks and Caicos, has echoed a call by T&T’s Tourism Minister Stephen Cadiz for regional leaders to put tourism high on the agenda. Premier Dr Ewing, speaking at the final press briefing on the last day of the 14th Annual Sustainable Tourism Conference (STC-14) on Thursday at the Hyatt…
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The power of the Caribbean Sea
PORT OF SPAIN, Trinidad – Has the time come to give greater consideration to the opportunity presented by what might be described as the space in between: the millions of square miles of ocean and sea bed that lie between the islands and countries of the Caribbean? Largely unmapped, scarcely considered and vastly greater in promise than what, for the…
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IDB calls for poverty reduction projects led by civil society
PANAMA CITY, Panama, CMC, CMC – The Inter-American Development Bank (IDB) has launched the second call for proposals for civil society organizations to carry out activities focused on poverty reduction and social inclusion and development in Latin America and the Caribbean. The announcement was made here by the IDB’s Executive Director for the Government of Japan, Yasuhiro Atsumi, at the…
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