Antigua and Barbuda
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June 6, 20131,043
IMF says Antigua and Barbuda successfully completes Stand By Agreement
WASHINGTON, CMC – The International Monetary Fund (IMF) Wednesday said Antigua and Barbuda had successfully completed a multi-million dollar Stand By Agreement (SBA) despite “considerable challenges”. The IMF said the Baldwin Spencer government will receive an immediate disbursement of US$25.4 million following the last review of the SBA which will expire on June 6. The 36-month SBA was approved on…
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June 5, 2013890
Guest Opinion: America can help fix the world by fixing itself
ST. JOHN’S, Antigua – Five years into the global financial crisis, the US and global economies remain mired in a weak-growth, low-inflation, high-unemployment environment. Debt busts such as 2008-09 are hard to exit from, and recoveries are long and painful. However, three complicating factors make the current environment even more challenging. First, economic growth models lie broken across developed and…
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June 5, 2013971
Fourteen countries collaborate on Facilitation of Maritime Traffic
ST JOHN’S, Antigua – Thirty-six delegates representing 14 countries throughout the Caribbean are gathered at Jolly Beach for a five-day seminar hosted by Antigua & Barbuda Department of Marine Services and Merchant Shipping (ADOMS) and organised by the International Maritime Organisation (IMO). The IMO-organised Regional Seminar on Facilitation of Maritime Traffic (FAL) runs from June 4 to June 7with focused…
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June 5, 2013922
LIAT employees provide an essential service, PM Gonsalves says
ST JOHN’S, Antigua – Dr Ralph Gonsalves, prime minister of St Vincent & the Grenadines, one of the three LIAT shareholder governments, said the airline’s employees are essential workers, echoing controversial sentiments made by LIAT’s chairman last month. “(Work) in the aviation business, certainly in LIAT, is an essential services. If you don’t accept that you don’t live in the…
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June 5, 2013924
Economic growth and development high on agenda for OECS heads
ST JOHN’S, Antigua – The 57th Meeting of the Organisation of the Eastern Caribbean States (OECS) Authority concluded yesterday with sub-regional heads of governments promising to put economic growth and development high on the agenda going forward. Prime Minister Baldwin Spencer, recently installed as chairman of the OECS Authority, said he and his counterparts received a presentation on the Draft…
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June 4, 2013977
Helping out Uncle Sam
ST. JOHN’S, Antigua – Economics is sometimes referred to as The Dismal Science. It is not hard these days to be sympathetic to that definition, when we consider the mess that some of the supposedly smartest economists have led our world. Earlier in March, Wall Street’s Moody’s Investor Service painted a gloomy picture of the finances of the Eastern Caribbean…
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June 3, 20131,025
Repercussions of the Colorado ‘experiment’
ST JOHN’S, Antigua – Marijuana has always been on the banned list of drugs. It has been in use for thousands of years. In Jamaica, it is known as ganja, and its cultivation and use have been forbidden by law. Associated with the ganja, is the chillum pipe that is used for filtering the smoke through water. Here in Antigua…
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June 3, 2013983
Antigua pleased with its role in reaching agreement on two human rights conventions
WASHINGTON, CMC – Antigua and Barbuda says it is pleased with the role it played in the conclusion of the negotiations for two draft conventions dealing with racism and discrimination which will be adopted by the Organization of American States (OAS) in Guatemala this week. Antigua and Barbuda diplomat, Joy-Dee Davis Lake, chaired the Working Group that concluded negotiations on…
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June 3, 2013977
Bar Association rejects former PM’s stance on regional courts
ST JOHN’S, Antigua – The president of the Antigua & Barbuda Bar Association (ABBA) has rejected the notion by former Prime Minister Lester Bird that Caribbean courts appear to be leaning towards political leaders. Speaking on OBSERVER media’s Big Issues programme on Sunday, Arthur Thomas decried the ex-PM’s belief and defended what he purports to be the integrity of local,…
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June 3, 2013908
New OECS head welcomes efforts to boost economic growth
ST JOHN’S, Antigua – Newly installed Chairman of the Organisation of Eastern Caribbean States (OECS) Authority, Prime Minister Baldwin Spencer, yesterday, welcomed efforts to boost economic growth through private sector development across the region. Speaking at the opening of the 57th Meeting of the Authority, Spencer told his colleagues the approach taken in years past, fell short of what is…
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