admin

admin

  • March 11, 2013
    779

    (Former) Minister: US fiscal crisis threatens small Caribbean economies

    BAHAMAS – The inability of American lawmakers to agree on budgetary measures threatens small Caribbean economies, asserts a former finance minister. “A US fiscal cliff can be an economic cliff for small states,” contends Zhivargo Laing, a noted Caribbean economist and former finance minister for the Bahamas. “Small Caribbean economies rely significantly on trade with the US, either through tourism…

    Read More »
  • March 11, 2013
    777

    Six MPs Swear to Vote in Favor of No Confidence Motion

    BASSETERRE, St. Kitts –  In a letter sent to the Governor six MPs have sworn that they do not support the Prime Minister and will vote in favor of the No Confidence Motion. MPs Dr. Timothy Harris and Sam Condor joined the four elected members of the Federal Opposition- Hon. Mark Brantley, Hon. Shawn Richards, Hon. Vance Amory and Hon.…

    Read More »
  • March 11, 2013
    802

    Venezuelan diplomat denies wastage claims

    ST JOHN’S, Antigua – Venezuela Ambassador Carols Perez Silva is dismissing claims in international media that the late President Hugo Chavez wasted state resources on charity for Antigua and Barbuda and other Caribbean states. He says mischievous media, both in Venezuela and internationally is responsible for spreading that misconception. Perez Silva says he expects Chavez deputy and now acting president,…

    Read More »
  • March 11, 2013
    764

    On reminiscences of good times

    ST. JOHN’S, Antigua – There is an old time saying that “You never miss the water ‘til the well runs dry.” This is true and with the death of President Hugo Chavez of Venezuela, we have been left to speculate whether the special arrangements between Venezuela and Antigua & Barbuda will soon run dry. Perhaps this is mere conjecture, but…

    Read More »
  • March 11, 2013
    873

    Former PM questions Venezuela’s loan arrangement with A&B

    ST JOHN’S, Antigua – Former Prime Minister Lester Bird labelled the recently deceased Venezuelan president a “despot” and questioned the inner workings of Venezuela’s $200 million loan to the nation. In an interview played on the Big Issues yesterday, Lester Bird said Hugo Chavez did not carry out “normal processes” of loaning money to Antigua & Barbuda through PetroCaribe and…

    Read More »
  • March 11, 2013
    770

    EDITORIAL – PetroCaribe and Jamaica’s energy future

    KINGSTON, Jamaica – Last week's death of the Venezuelan president, Hugo Chávez, happened as the Jamaican Government was advertising its appointment of Dr Wesley Hughes, the former financial secretary, as manager of its PetroCaribe Development Fund. This, for Dr Hughes, must have been an unwelcome coincidence that would likely have concentrated his mind not only on the substance of the…

    Read More »
  • March 11, 2013
    856

    Major US think tank queries future of ALBA, Petrocaribe without Chávez

    WASHINGTON, CMC – With the death of Venezuelan President Hugo Chávez, a major think tank here is querying the future of the Bolivarian Alternative for the Americas (ALBA) and the Petrocaribe oil agreement with Caribbean countries. Chávez died last week after a long struggle with cancer. The Washington-based Council on Hemispheric Affairs (COHA) noted that the ALBA bloc is made…

    Read More »
  • March 11, 2013
    776

    Oil slip

    BRIDGETOWN, Barbados – BARBADOS IS MISSING out on housing, environmental and agricultural benefits by not signing on to the Petrocaribe oil agreement. So says Venezuela’s Ambassador to Barbados Jose Gomez Febres, who wants to see Barbados join the list of 17 Caribbean states which have signed the deal with Venezuela to purchase oil at preferential prices. “There are benefits for…

    Read More »
  • March 11, 2013
    835

    The Caribbean after Chavez

    KINGSTON, Jamaica – Seventeen countries of the Caribbean face a heightened period of economic uncertainty now that Venezuelan President Hugo Chavez has died. Twelve of the 17 Caribbean countries are members of the Caribbean Community (Caricom). They have become highly reliant on their oil supplies from Venezuela on a part payment-part loan scheme, called PetroCaribe, without which their difficult economic…

    Read More »
  • March 11, 2013
    767

    End of an era in region’s politics

    BRIDGETOWN, Barbados – THE death of Hugo Chavez, who led Venezuela for the last 14 years, has brought to an end a type of politics that many would not have associated with a region on the doorsteps of the USA, were the global environment similar to what existed 40 or even 30 years ago. It gives rise to the question…

    Read More »
Back to top button