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  • IMF advises ‘tightening’ of banking regulations

    St. John’s Antigua- Directors of the International Monetary Fund (IMF) have advised that the local banking sector must be strengthened with “tightened” regulations, if Antigua & Barbuda is to have continued economic recovery. The assessment follows the IMF executive board’s Article IV consultations with the country on October 31, last year. The review is to determine each member state’s economic…

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  • Caribbean security firms see niche market

    KINGSTON, Jamaica, (UPI) — Caribbean security industry operators are seeing business growth in response to both prosperity of an emerging wealthy class and a rise in crime risks to rich individuals and business organizations. Vigorous armed pursuit of organized crime in Latin America, in particular in Colombia and Mexico, has driven criminal drug gangs and syndicates toward potential rich pickings…

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  • Regional leader support moves to end Guatemala’s claim to Belize

    PORT AU PRINCE, Haiti, CMC – Caribbean Community(CARICOM) leaders are expressing their “full support” for the referendum that could lead to an end to the border dispute between Guatemala and Belize. The regional leaders who ended their 24th Inter-Sessional summit here on Tuesday night., said they had received an update on arrangement being made by the two countries to hold…

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  • OAS completes work on Caribbean Registry and Identity System

    WASHINGTON, CMC – The implementation of a Caribbean Civil Registry and Identity System (CCRIS) has been completed in St. Vincent and the Grenadines. The announcement was made by St. Vincent and the Grenadines’ Ambassador to the Organization of American States (OAS), La Celia Prince. CCRIS was developed to facilitate birth registration and to provide uniform vital statistics in the Eastern…

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  • EDITORIAL – Be done with the pussyfooting on energy

    KINGSTON, Jamaica – Unintentionally, perhaps, the Office of Utilities Regulation (OUR) was less than generous with the facts, or the interpretation thereof. But through its wool and waffle we discern an effort to finally get on with the job of delivering new, cheaper electricity-generating capacity to the country and to give the Jamaica Public Service Company (JPS) and its parents…

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  • Antigua & Barbuda to meet with WTO body again

    St. John’s Antigua- Antigua & Barbuda is due before the World Trade Organization (WTO) next Wednesday in a bid to stop the United States “misinformation” over its efforts to resolve the gaming dispute. The country’s trade officials are expected to plead their case before the dispute settlement body in keeping with a statement made by Finance Minister Harold Lovell, last…

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  • Caribbean wants US to comply with WTO ruling

    PORT AU PRINCE, Haiti, CMC – Caribbean leaders are calling on the United States to comply with the ruling by the World Trade Organisation (WTO) to end the long running dispute with Antigua and Barbuda on internet gaming. In a ruling last month, the Geneva-based WTO allowed Antigua and Barbuda to suspend certain concessions and obligations it has under international…

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  • ‘Clean sweep would create governance in crisis’ – former AG

    St. John’s Antigua- Two former public servants agree that a clean sweep by any political party in a general election would create a governance crisis in Antigua & Barbuda. Former Attorney General Keith Forde is among those who have commented on the historic victory of the New National Party (NNP) in Grenada. The NNP, led by Dr Keith Mitchell, was…

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  • EDITORIAL: The right and duty to vote

    BRIDGETOWN, Barbados – THIS IS THE DAY and now is the moment. Barbadians will cast their vote today to elect an administration to govern the island for the next five years. As a people, we need to appreciate the importance of the vote and not pass on the opportunity, only to complain at a later date, whether in whispers or…

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  • Voters choosing a new government in Barbados

    BRIDGETOWN, Barbados, CMC – Barbadians Thursday began casting their votes in a general elections that political observers say could be historic if the ruling Democratic Labour Party (DLP) fails to win a second five year term in power. No government since the island attained its political independence from Britain in 1966 has failed to obtain a second consecutive term, but…

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