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  • Opening remarks by Ms Myrna Bernard, officer-in-charge of the Directorate of Human and Social Development

    (CARICOM Secretariat, Turkeyen, Greater Georgetown, Guyana) I have the distinct pleasure and honour to bring these brief remarks on behalf of the CARICOM Secretariat at this National Stakeholders Awareness Workshop on Intangible Cultural Heritage. There has been increasing recognition globally, of the role which culture plays in sustainable development through both direct economic means, such as our cultural industries, as…

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  • New guidelines for B’dos off-shore sector

    BRIDGETOWN—The Central Bank of Barbados says it has developed a new framework for granting licenses for prospective financial institutions seeking to operate here warning that it would reject any applicant if it determines that approval would not be in the public interest. The central bank said that the new framework is in furtherance of its responsibility to regulate and supervise…

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  • Who says there’s no hope without the IMF?

    KINGSTON, Jamaica, Observer – Two news stories we published this week have, for us, been particularly heart-warming and most encouraging. For they indicate to us that, amidst the challenges being faced by this country, and the attitude of many that we cannot do anything without an International Monetary Fund agreement, there are, among us, individuals who are engaged in constructive…

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  • WTO Online Gaming Ruling Could Be Trouble, Says Think Tank

    KINGSTON, Jamaica, Gleaner – The Center on Hemispheric Affairs (COHA) says the recent decision by the World Trade Organization (WTO) siding with Antigua and Barbuda against the United States in their online gambling dispute “presents a troubling scenario” for Washington. “If the United States claim that the world's 15th smallest economy is engaged in some form of economic bullying, attempting…

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  • PM, Finance Minister Confirm Another Debt Exchange Programme

    KINGSTON, Jamaica, Observer – Prime Minister Portia Simpson Miller has confirmed that a second debt exchange programme will be implemented. In a joint national broadcast with the Finance Minister Dr Peter Phillips this evening, Simpson Miller said the programme called a National Debt Exchange Offer will be launched Tuesday morning. The debt exchange is part of measures that the Government…

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  • Gov’t starts implementing ‘painful’ measures to get IMF approval

    KINGSTON, Jamaica, Observer – Let us pull together, PM appeals to country FINANCIAL institutions and holders of domestic bonds will this morning be asked to take a haircut on interest for the second time in three years as the Government starts implementing measures critical to signing a funding arrangement with the International Monetary Fund (IMF). Prime Minister Portia Simpson Miller…

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  • Gov’t agrees to IMF preconditions

    KINGSTON, Jamaica, Observer – GOVERNMENT has agreed to a number of preconditions with the International Monetary Fund (IMF) as part of a requirement for an extended fund facility with the multinational. Some of the preconditions were announced last night buy the finance minister, Dr Peter Phillips, during a joint national broadcast to the nation with Prime Minister Portia Simpson Miller.…

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  • UNITED STATES-COURT-Antigua wins legal battle against agricultural firm

    WASHINGTON, CMC – A United States federal district court has dismissed a US$750,000 breach of contract lawsuit against the Antigua and Barbuda government that had been brought by the son of the owner of a company based on the island. The suit was filed on July 19, 2010, by Dan Abraham Sarfati, the son of Maurice Sarfati, of Roydan Ltd,…

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  • US military official urges Jamaica to deal decisively with corruption

    (Jamaica Gleaner) The man entrusted by the United States (US) to monitor the gamut of its military-related affairs in approximately 31 countries and 15 areas of special sovereignty in the Western Hemisphere is urging the Portia Simpson Miller administration to be unyielding in its efforts to rid Jamaica of corruption. Commander of the US South Command, General John Kelly, last…

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  • Digicel Barbados complaint on landline market to be heard

    (Barbados Nation) Digicel Barbados could be one step closer to entering the local landline market following a Fair Trading Commission (FTC) decision, according to chief executive officer of Digicel, Barry O’Brien. During a Press conference yesterday at Hilton Barbados, the Digicel boss told reporters: “The Fair Trading Commission now has agreed that this is a dispute that they are now…

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