CARICOM
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Travel taxes vs the tourism market
KINGSTON, Jamaica – Caribbean nations have been relatively slow to recognise that long-term structural changes taking place in tourism require a new and strategic vision for a sector that many industry professionals in the region regard as underperforming. Over the last two decades competition for visitors has become global, the nature of the tourism demand and the product has diversified,…
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CARICOM heads urged to fully implement free movement
ST JOHN’S, Antigua – Regional governments are being urged to intensify efforts to fully operationalise the Free Movement of skilled individuals which is an element of Caricom Single Market and Economy (CSME). Prime Minister Baldwin Spencer made the call yesterday afternoon during his inaugural address as chairman of the Organisation of Eastern Caribbean States (OECS). “As we continue to prepare…
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Don’t subject CARICOM to ideological views
KINGSTON, Jamaica – Ronald Mason is entitled to his personal opinions, but he's not entitled to pick and choose facts to reinforce his ideological views on why Jamaica must leave CARICOM. The capitalist organisation of the global economy is inherently uneven. The European Union (EU) and NAFTA reflect in the most concrete ways the spatial unevenness that capitalism reproduces. Let…
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ECCB Rules Out Devaluing EC Dollar
(CARICOM News Network) St. Kitts and Nevis (WINN): The Eastern Caribbean Central Bank (ECCB) has ruled out devaluing the EC dollar within the next five years. The Bank’s Managing Director, Jennifer Nero has made it clear that devaluation is not on the cards. She confirmed that there has been “substantial analysis” done on the matter of the value of the…
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Press watchdog group condemns murder of journalist
PARIS, CMC – The Paris-based Reporters Without Borders (RWB) Tuesday said it hopes that the authorities will soon disclose the reasons behind the murder of radio journalist Pierre-Richard Alexandre, who was shot last weekend. A correspondent for the national radio station Radio Kiskeya and the host of a daily political discussion programme on local Radio Delta, Alexandre died of his…
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Caribbean Challenge Initiative to address environmental threats to the region
The Caribbean Summit of Political and Business Leaders, May 17-18, will bring together heads of state and corporate executives to launch Phase II of the Caribbean Challenge Initiative (CCI) to address environmental threats to the Caribbean region. With the goal of protecting 20 percent of the Caribbean’s marine and coastal resources by 2020, the CCI is among the most ambitious…
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The Next Pandemic: Not if, but When
TERRIBLE new forms of infectious disease make headlines, but not at the start. Every pandemic begins small. Early indicators can be subtle and ambiguous. When the Next Big One arrives, spreading across oceans and continents like the sweep of nightfall, causing illness and fear, killing thousands or maybe millions of people, it will be signaled first by quiet, puzzling reports…
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UNCTAD study suggest information technology can boost regional economies
UNITED NATIONS, CMC – Caribbean countries have been told that purchasing goods and services in the information technology (IT) sector by government offices provides untapped potential for stimulating domestic economic progress. The new study by the United Nations notes that while local IT firms contribute to increased productivity, employment and innovation, these local businesses mainly in developing countries like the…
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Powerful Earthquake Strikes in Iran
TEHRAN — A powerful earthquake that struck southeastern Iran was felt in several countries in Asia on Tuesday, rocking buildings in the Indian capital of New Delhi, sending panicked resident of Karachi, Pakistan, fleeing into the streets and causing tremors through Persian Gulf states. Iranian officials said they expected many deaths. The earthquake measured 7.8 on the Richter scale and…
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EDITORIAL – Don’t Let Guatemala Duck Agreement
It is urgent that the Caribbean Community (CARICOM) engage the global community for help in sending a clear message to Guatemala that there will be no reward for bad behaviour, including, as seems to be the intent of the Central American country, squirming out of solemn undertakings. Jamaica, in its own right as a respected and influential voice on hemispheric…
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