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  • March 28, 2013
    742

    IMF delays hurting us – Phillips hopes to strike deal soon amid concerns in market

    KINGSTON, Jamaica – ONE WEEK after Finance Minister Dr Peter Phillips disclosed that contingent talks between the International Monetary Fund (IMF), the Inter-American Development Bank and the World Bank were holding up the approval of an extended fund facility (EFF), he now says the country is being negatively impacted by the delay. Phillips, who yesterday announced at a Jamaica House…

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  • March 28, 2013
    778

    EDITORIAL – Damp squib from Cabinet retreat

    KINGSTON, Jamaica – The People's National Party (PNP) socialists of the 1970s may have been dismal at managing the economy, but they knew how to rally people to their cause. The PNP of the current era, in so far as we can tell, has lost the art of mobilisation. So, the Cabinet has just emerged from a three-day special session…

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  • March 28, 2013
    777

    EDITORIAL: Financial sector key to economy

    BRIDGETOWN, Barbados – The development of this country as an international financial centre carried through during the first Tom Adams administration in the 1970s and was part of a major restructuring of a critical area of the Barbados economy. That sector was important then and it is important now! By the early ’70s sugar had lost its place as our…

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  • March 28, 2013
    820

    OUR CARIBBEAN: Reflecting on challenges facing Barbadians

    BRIDGETOWN, Barbados – Tomorrow, as faithful Christians worship and observe the significance of Good Friday while preparing to celebrate the Resurrection, the people of Barbados in general will be particularly cognisant of a prevailing social and economic mood that reflects varying worrying concerns and negative messages in the media. The February 21 general elections came and went with the political…

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  • March 28, 2013
    716

    Central Bank Governor outlines new strategies for sustained growth

    BRIDGETOWN, Barbados, CMC – Central Bank Governor Dr. DeLisle Worrell Wednesday urged Barbados to seek ways of increasing foreign exchange earnings and called also on the government and the private sector to invest in “creating new high quality productive capacity, improving productivity, and maintaining and upgrading infrastructure”. Addressing the luncheon meeting of the Barbados Chamber of Commerce and Industry (BCCI),…

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  • March 28, 2013
    839

    Former Venezuelan leader remembered at OECS Assembly

    ST. JOHN’S, Antigua, CMC – Legislators from the Organisation of Eastern Caribbean States (OECS) have paid tribute to the late Venezuelan leader Hugo Chavez, saying that his vision had inspired millions all over Latin America and the Caribbean. “The people of our region will never forget that President Chavez held out his hand in solidarity, brotherhood and friendship and made…

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  • March 28, 2013
    972

    OECS Assembly Speaker advocates for women in politics

    St. John’s Antigua- Speaker of the House for the OECS Regional Assembly said when it comes to politics, the fairer sex can also be a strong force to reckon with in the sub-region. The conclusion of the OECS Regional Assembly, Tuesday marked the beginning of the organ’s work to guide the region into an integrated future. However, Speaker of the…

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  • March 28, 2013
    755

    Free movement laws in A&B to be strengthened

    St. John’s Antigua- The key debate at this year’s OECS Regional Assembly was the implementation of the Free Movement of People and Prime Minister Baldwin Spencer said the nation’s laws in this regard would be solidified in a matter of months. Spencer acknowledged that most of the seven- member states and two associate member- states have yet to implement free…

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  • March 28, 2013
    836

    National Assembly prorogued in preparation for general election

    GEORGE TOWN, Cayman Islands, CMC – The Legislative Assembly in this British Overseas Territory has been prorogued paving the way for the May 22 general elections. Governor Duncan Taylor signed the necessary proclamation ahead of Nomination day Wednesday. At least 40 candidates are expected to contest the elections, but Political observers say the election will be a straight fight between…

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  • March 28, 2013
    789

    CDEMA to focus on region’s communities

    BRIDGETOWN, Barbados – For disaster management personnel, the challenge of preparing Caribbean communities is a great one. That is according to the outgoing Executive Director of the Caribbean Disaster Emergency Management Agency (CDEMA), Jeremy Collymore. His comments came during an interview with the media yesterday afternoon following a media conference and luncheon in his honour at the Lloyd Erskine Sandiford…

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