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CARICOM Business News
Please see the latest edition of the CARICOM Business newsletter which comprises information culled from news entities in the Caribbean and beyond and includes a Foreign Exchange Summary, a Stock Exchange Summary and International Oil Prices. CARICOM Business 16 Feb 2018
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Dominica hurricane damage survey likely to help reduce disaster risk worldwide
The biggest natural disaster to ever hit the Caribbean island of Dominica is now likely to provide guidelines for reducing the risk globally of disaster from hurricanes. Scientists led by disaster expert Dr. Richard Teeuw, of the University of Portsmouth, are surveying the damage to Dominica’s landscape, infrastructure and communities following the destruction caused by Hurricane Maria in 2017. Dominica…
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SIDS must never be denied concessional financing for climate resilience -SG
“It is crucial to increase the level of investment of climate finance for health.” – CARICOM Secretary-General, Caribbean Community (CARICOM) Secretary-General Ambassador Irwin LaRocque has called for the scaling up of climate finance for resilience in the health sector. He also posited that small vulnerable countries must never be denied access to concessional financing in their quest for resilience against…
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![Photo of [Antigua] Lower House passes “ganja bill”](https://caricom.org/wp-content/uploads/weed-2-custom_1.jpg)
[Antigua] Lower House passes “ganja bill”
A bill to decriminalise up to 15 grammes of cannabis for personal use was passed in the House of Representatives on Tuesday. The Misuse of Drugs (Amendment) bill had its first reading in the House in December, but was subsequently sent to a select committee to allow for more public consultations. That engagement was held on January 23 with recommendations…
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CARPHA launches regional system for Member States to report sub-standard falsified medicines
The health of the Caribbean people can be at risk if medicines are not safe, effective and of good quality. Medicines safety and monitoring systems are often limited in the Region, and there has been a call for regional pooling of resources, sharing of information, and coordination of activities, that can lead to stronger systems. Recently, the Caribbean Regulatory System…
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Saint Lucia adopts climate-smart cassava cultivation, encourages production of blended bread
The Food and Agricultural Organization (FAO) is spearheading a project which will not only increase the cultivation of cassava throughout the Region but also encourages the production of cassava blended bread as a healthier alternative to the traditional white bread. Cassava is extensively cultivated as an annual crop in tropical and subtropical regions for its edible, starchy, tuberous root which is…
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CDB President announces up to US$800M for disaster recovery, amid strong Bank performance in 2017
President of the Caribbean Development Bank (CDB), Dr. Wm. Warren Smith, today announced that the institution is making USD700 to 800 million (mn) available to help Borrowing Member Countries (BMCs) recover from the impact of the 2017 Atlantic Hurricane Season. The funding, which the Bank is providing over the next five years, complements its ongoing work to build resilience in the Caribbean Region.…
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Former US President William “Bill” Clinton arrives in Dominica
Former United States President, Bill Clinton, is in Dominica to view the island’s ongoing efforts to continue building back in the wake of last year’s hurricane season. See photo of Prime Minister Roosevelt Skerrit and his wife welcoming President Clinton, and a video clip of the President’s arrival at the Financial Centre earlier Tuesday morning:
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CARICOM SG lauds Dominican heading PAHO for second term
Dominican Dr Carissa Etienne was sworn in for a second term as Director of the Pan American Health Organisation (PAHO) on Thursday and was commended for the achievement by CARICOM Secretary-General Ambassador Irwin LaRocque. Delivering an address at the inauguration ceremony at PAHO Headquarters in Washington D.C the CARICOM Secretary-General credited Dr. Etienne’s re-election to her achievements over her first…
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