Antigua and Barbuda

  • February 20, 2013
    943

    Stanford investors sue Antigua, Eastern Caribbean Central Bank

    DALLAS, Texas, CMC – A group of former investors of the Antigua-based Stanford International Bank (SIB) has filed a civil lawsuit here against Antigua and Barbuda and the Eastern Caribbean Central Bank (ECCB), claiming that they aided jailed Texas billionaire Allen Stanford in his massive US$7 billion Ponzi scheme. The former investors, calling themselves the Official Stanford Investors Committee, are…

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  • February 20, 2013
    882

    A regional perspective on cancer research

    ST JOHN’S, Antigua – An individual, rather than regional, solution must be established to combat cancer in the Caribbean. This is according to leading gastrointestinal oncologist, Dr Marcia Cruz-Correa, who was a facilitator at the Cancer Research in the Media workshop, supported by the National Cancer Institute (NCI). In an interview with OBSERVER media yesterday, the scientific director of the…

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  • February 20, 2013
    816

    CARICOM backs A&B’s decision to sanction US

    ST JOHN’S, Antigua – Caricom has backed Antigua & Barbuda’s latest move in its World Trade Organisation (WTO) dispute with the US. CARICOM, at the end of its 24th Inter-Sessional Meeting in Haiti on Tuesday, released a statement saying it affirmed its full support for Antigua & Barbuda. Heads of government called on the US to settle the dispute by…

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  • February 20, 2013
    829

    Antigua & Barbuda wants more US help to fight crime

    St. John’s Antigua- Prime Minister Baldwin Spencer has urged the United States to do more to help CARICOM countries fight against crime and narcotics trafficking in the region. His remarks followed a presentation by the US Attorney General, Eric Holder at the CARICOM inter-sessional heads of government meeting in Haiti. Spencer indicated that crime and security have a direct connection…

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  • February 19, 2013
    802

    Antigua seeking budgetary support from World Bank

    ST. JOHN’S, Antigua, CMC – Antigua and Barbuda says it is seeking a development policy loan from the World Bank based on a comprehensive debt framework. A government statement gave no indication as to the size of the loan, but said that it is a “budget support instrument similar to the policy” at the Barbados-based Caribbean Development Bank (CDB). The…

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  • February 19, 2013
    797

    PM Spencer attends CARICOM meeting in Haiti

    ST JOHN’S, Antigua – Prime Minister Baldwin Spencer has joined other Caricom leaders at the 24th Inter-Sessional Meeting of the Conference of Heads of Government of the Caribbean Community in Port-au-Prince, Haiti, February 18-19. During the deliberations, Prime Minister Spencer will take the opportunity to brief his colleagues over the recent authorisation from the World Trade Organisation Dispute Settlement Body.…

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  • February 18, 2013
    807

    LIAT at the crossroads again

    ST. JOHN’S, Antigua – Four weeks ago Minister of Tourism John Maginley sounded a positive note in announcing new aircraft leases for our embattled airline, LIAT. Our headline writers were positively euphoric in declaring “LIAT’s flying high again – Tourism Boss”. As encouraging as the news might have been, it is far too optimistic to assume that LIAT’s problems are…

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  • February 12, 2013
    871

    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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  • February 12, 2013
    839

    ANTIGUA-DEVELOPMENT-European Union provides funding for project involving women

    ST JOHN’S, Antigua, CMC – The European union is providing EC$1.3 million (One EC dollar = US$0.27 cents) to the Gilbert Agricultural and Rural Development Centre (GARD) for a project aimed at enhancing the income generating opportunities of vulnerable young women in Antigua and Barbuda. GARD said the Empowerment of Young Women in Antigua and Barbuda in their Income Generation…

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  • February 7, 2013
    841

    All eyes on next OECS Assembly

    ST. JOHN’S, Antigua, Observer – With a month to go before the second meeting of the OECS Assembly in Antigua, concerns are being raised about its format, in light of previous controversy. During the inaugural meeting here in August, the authorities removed the mace, Queen’s image, national flags and laws of Antigua & Barbuda from the building. The event was…

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