Accredited Third States
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IMF pleased with economic performance of Belize
WASHINGTON, CMC – The International Monetary Fund (IMF) says the completion of the exchange of the “super bond” for new United States denominated bonds has brought “substantial cash-flow relief” to Belize. The IMF, which recently concluded a review of the country’s economy, said that the new bonds, which will expire in 2038, has resulted in a cash flow of US$130…
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JAPAN-CARICOM discuss areas of cooperation
GEORGETOWN, Guyana, Jul 16, CMC – The 16th Caribbean Community (CARICOM)-Japan Consultation began here on Tuesday with the Asian country signalling its intention to further deepen relations with the 15-member grouping. Director-General of the Ministry of Foreign Affairs of Japan, Ambassador Akira Yamada, said his country has paid increased attention to the development agenda of the region and that Tokyo’s…
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In Second Term, Obama Is Seen as Using ‘Hidden Hand’ Approach
WASHINGTON — In the nearly two weeks since Egypt’s military seized power, President Obama has promoted a better federal bureaucracy, given a medal to George Lucas of “Star Wars” fame and had former President George Bush to the White House for lunch. What he has not done is publicly address the violent upheaval in Cairo. That is not to say…
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Mandela could soon be discharged, Mbeki says
JOHANNESBURG (AP) — Nelson Mandela may be discharged from hospital soon to recuperate at home, said a former president of South Africa. The prediction about Mandela leaving the hospital was made by Thabo Mbeki as he gave a memorial lecture for the African National Congress on Saturday last, reported the South African radio news service Eyewitness News.
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Trayvon Martin’s Legacy
It may not be possible to consider the case of George Zimmerman, who was acquitted Saturday of all charges in the killing of Trayvon Martin, as anything but a sad commentary on the state of race relations and the battle over gun rights in America today. Certainly it is about race — ask any black man, up to and including…
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IMF says emerging markets slow results in “growing pains” in the Caribbean
WASHINGTON, CMC – The International Monetary Fund (IMF) says that a slow-down in emerging markets has resulted in “growing pains” in the Caribbean. The Washington-based financial institution said that global growth is projected to remain subdued at slightly above three per cent in 2013, the same as in 2012. It said this is less than forecast in the April 2103…
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Venezuela Confirms Snowden Asylum Request
CARACAS, Venezuela — Venezuela's president says that his country has received an asylum request from NSA leaker Edward Snowden. President Nicolas Maduro had already offered asylum to Snowden, who apparently is holed up in the transit lounge of a Moscow airport. Bolivia and Nicaragua also say they'll grant asylum. Ecuador says it will consider any request. Maduro says it is…
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Egypt’s Interim Government Seeks Quick Elections
CAIRO — Seeking to reassure Egyptians and the world about its intention to return to civilian democracy, the military-led interim government on Tuesday laid out a brisk timetable to overhaul Egypt’s suspended Constitution, elect a new Parliament and choose a new president, all in the space of about six months. The release of the new timetable, issued in the name…
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Slow economic activity despite reforms
HAVANA, Cuba, CMC – Cuba said Monday its economy will fall short of the 3.6 percent goal for growth, an indication that President Raúl Castro’s reforms are generating little new economic activity. According to the official Cuban Communist party newspaper, Granma, despite the forecast, Castro was happy about the report on his reforms of the economy. “We continue advancing, and…
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