Jamaica
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PetroCaribe Economic Zone established
KINGSTON, Jamaica – The group, Jamaicans United for Sustainable Development, is calling for the newly established International Monetary Fund Oversight Committee to ensure that the country takes immediate advantage of the new economic zone for investment, trade and development. The economic zone was among measures agreed on by PetroCaribe member states during the summit in Venezuela over the weekend. Convenor…
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The agony of Caribbean travel revisited
KINGSTON, Jamaica – Concerns surrounding State-owned airlines in Caribbean Community (Caricom) countries clearly exist amongst a wide cross section of the community. Evidence of this arose not only from the fact that fellow writer on Caribbean affairs, David Jessop, tackled this issue in the same week that I did, but also from the comments that have been sent to me.…
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When the CARICOM Heads of Gov’t meet in July…
KINGSTON, Jamaica – After a mere 20 months in the job, Mr Irwin LaRocque, the Caricom secretary general, must feel a bit dispirited. For, based on the information provided by eminent Caribbean journalist Mr Rickey Singh, and published in this week's Sunday Observer, Caricom now faces the danger of disintegration, instead of deepened economic integration and functional co-operation. According to…
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IMF Deal Gets Cautious Thumbs Up…Western Business Leaders Optimistic
KINGSTON, Jamaica, Observer – Key stakeholders in the business community in western Jamaica are cautiously optimistic about the deal struck between the Government and the International Monetary Fund (IMF) and have given the Richard Byles and Brian Wynter-led monitoring committee its vote of confidence. “The IMF agreement is certainly welcome news as it will restore some level of confidence to…
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Jamaicans again urged to prepare for active hurricane season
KINGSTON, Jamaica, Observer – JAMAICANS are being urged to plan ahead for the 2013 Atlantic Hurricane Season, which is expected to see the Caribbean facing at least one major hurricane. Acting Director of the National Meteorological Service, Jeffrey Spooner, said this is based on projections of Colorado State University, which has — for the first time in a long while…
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JAMAICA-CRIME-Prime Minister’s brother beaten and robbed
KINGSTON, Jamaica, CMC- The brother of Prime Minister Portia Simpson Miller was beaten and robbed during early Thursday morning at his business place, in downtown Kingston. The police have confirmed that between 3.30am and 4.30am, armed men broke into the store owned by Vincent Simpson who is the elder brother of the Prime Minister. The men demanded money and during…
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IRS targets Caribbean bank accounts
KINGSTON, Jamaica, Observer – A federal court in California has authorised the Internal Revenue Service (IRS) to serve a “John Doe” summons seeking information about US taxpayers who may hold offshore accounts in a Barbados-headquartered Caribbean bank. The Department of Justice has identified the bank as the Canadian Imperial Bank of Commerce FirstCaribbean International Bank (FCIB). It said the order…
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Gov’t Needs To Look At Diaspora’s Impact In Moving Forward – Tufton
KINGSTON, Jamaica, Gleaner – Deputy Leader and Opposition Spokesman on Foreign Affairs, Foreign Trade and Investment, Dr Christopher Tufton, is pushing for Jamaica to conduct a comprehensive examination of the economic and social impact of its large and growing diaspora community to inform the country's policy strategy on diaspora affairs. Addressing a G2K function in the Bronx, New York, earlier…
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Government To Send Home Retirement-Age Teachers
KINGSTON, Jamaica, Gleaner – TEACHERS WHO have reached the retirement age but who are still working in the public sector in that capacity are to be sent home as part of Jamaica's agreement with the International Monetary Fund (IMF). Schools employing teachers who are beyond the retirement age are to be notified that they must regularise by September, Jamaica has…
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‘We’re Serious About This’ – IMF Programme Oversight Committee Co-Chair Says Team Is Committed To Ensure Success
KINGSTON, Jamaica, Gleaner – Richard Byles, the co-chair of the oversight committee which has been established to monitor the implementation of Jamaica's programme with the International Monetary Fund (IMF), says the team assembled is not for window dressing. “I am a serious business person. I am not there to do anybody's bidding, and everybody that I have heard named to…
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