Accredited Third States
-
Regional countries urged to abolish death penalty
WASHINGTON, CMC – The Inter- American Commission on Human Rights (IACHR) Wednesday urged Caribbean countries that still have the death penalty to abolish it or at least to impose a moratorium on its application. In a message marking International Day against the Death Penalty on Thursday, the IACHR said regional instruments for protection of human rights do not prohibit per…
Read More » -
US Supreme Court hears arguments in Stanford class action suits
WASHINGTON, CMC – The United States Supreme Court has begun debate on the reach of the fede ral securities laws by questioning whether investors can sue law firms and outside companies for their alleged roles in jailed Texas financier Allen Stanford’s US$7 billion Ponzi scheme. Stanford is currently serving a 110-year sentence in a US federal prison for masterminding the…
Read More » -
Guyana receives shipment of fertiliser from Venezuela
GEORGETOWN, Guyana, CMC – The Guyana government said Monday it had received the first shipment of 5,000 tonnes of fertiliser from Venezuela under a revised agreement between the two countries. Agriculture Minister Dr. Leslie Ramsammy said the agreement would significantly boost the agricultural sector, as it will address the cost of production for agricultural products. Farmers have over the years…
Read More » -
Four killed as US contracted counter-drug aircraft crashes in Caribbean
MIAMI, CMC – The United States Southern Command, which overseas US military operations in the Caribbean and Latin America, says a US-contracted detection and monitoring aircraft has crashed into the Caribbean Sea, killing four of its six crewmembers. The Southern Command, otherwise known as Southcom, said that the crash took place near the Colombia-Panama border, killing three Americans and a…
Read More » -
IMF predicts modest growth in 2013
WASHINGTON, CMC – After registering “disappointing growth” in 2012, Trinidad and Tobago is poised for a modest recovery in 2013, the International Monetary Fund (IMF) has said. In a statement, the Washington said the economy is reviving and that maintenance-related outages would continue to hamper the energy sector. It said the non-energy sector should grow around 2.5 per cent and…
Read More » -
Remittances almost triple development aid
KINGSTON, Jamaica – TORONTO, Canada (IDN) — A new report has highlighted the importance of funds remitted home by migrants, which are now nearly three times the size of official development assistance given by rich developed nations and larger than private debt and portfolio equity flows to developing countries. They exceed the foreign exchange reserves in at least 15 developing…
Read More » -
European recovery gathering momentum
LONDON—While the US economic outlook has become murkier because of the partial shutdown of the government, the picture in Europe—so long the laggard of the global economy—has brightened. Another round of economic data yesterday provided evidence that Europe’s recovery from recession is becoming broad-based and self-sustaining. Particularly encouraging was the news that retail sales across the eurozone rose a forecast-busting…
Read More » -
Database launched to analyze impact of climate change on Caribbean coasts
SANTIAGO, Chile, CMC – The Economic Commission for Latin America and the Caribbean (ECLAC) has collaborated with the Spanish Ministry of Agriculture, Food and the Environment and the University of Cantabria in launching a database that would analyze the impact of climate change on Caribbean coasts. On Wednesday, ECLAC said regional countries could improve coastal planning and develop preventive measures…
Read More » -
Developing countries to receive over US$410 billion in remittances in 2013
WASHINGTON, CMC – The World Bank says remittances to the developing world, including the Caribbean, are expected to grow by 6.3 percent this year to US$414 billion. In its revised estimates and forecasts, issued here on Wednesday, the World Bank also projected that remittances to the developing world will cross the half-trillion mark by 2016. The bank said remittance volumes…
Read More »