Jamaica
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Where’s Jamaica’s Gorbachev?
? KINGSTON, Jamaica – The former USSR was a politically aligned collection of previously independent states that did little more than serve the egotistic, power-hungry needs of leaders such as Josef Stalin, Nikita Khrushchev and Leonid Brezhnev, while countering the superpower status of the United States (US). During the Cold War, the two superpowers attempted to divide the world into…
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Trust deficit: Gov’t, IMF and Haiti
KINGSTON, Jamaica – Call me Thomas if you wish, but on this Easter Sunday, what is being resurrected for me is a deep distrust for those who are elected and appointed to govern us. Despite being full of 'knowledge' based on blind faith that Jesus is coming again as a thief in the night, I am worried that he might…
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Opposition wants full probe
probe KINGSTON, Jamaica, CMC – The main opposition Jamaica Labour Party (JLP) has called for a full scale investigation into reports that National Security Minister Peter Bunting had been held up and robbed over the weekend. Opposition spokesman on National Security and Justice Delroy Chuck in a statement said while the JLP had learnt of the “unfortunate incident” and was…
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It wasn’t me! – Security minister confirms robbery of friends at villa
KINGSTON, Jamaica – SECURITY Minister Peter Bunting yesterday attempted to allay fears that he was among a group of persons robbed at a villa in Portland on Saturday night. At least one online news outlet reported that Bunting and a female companion were held up and robbed by thieves who brandished knives at them.
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Caribbean nations search for offshore oil amid spill fears
KINGSTON, Jamaica (AP) – The turquoise waters that have long brought treasure seekers to the Caribbean now are drawing a new kind of explorer as countries across the region increasingly open their seas to oil exploration. From the Bahamas and Cuba down to Aruba and Suriname, international oil companies are lining up to locate potentially rich offshore deposits in the…
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Cyprus debt and Caribbean defaults
KINGSTON, Jamaica – In the last few days, the government of Cyprus has begun to implement the measures demanded of it by the European Union, the European Central Bank and the International Monetary Fund (IMF). In return for providing €10 billion (US$13 billion) in support, a sum small by international standards, Europe has taken steps down a route that may…
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BRICS plan development bank
KINGSTON, Jamaica – Leaders of five of the world's emerging economic powers agreed Wednesday to create a development bank to help fund their US$4.5-trillion infrastructure plans – a direct challenge to the World Bank that they accuse of Western bias. But the rulers of Brazil, Russia, India, China and South Africa — known as the BRICS group — were unable…
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Jamaica’s energy problem needs urgent attention
KINGSTON, Jamaica – A FORMER head of the country's utilities regulation body has warned that Jamaica's energy problem now requires the same urgency as the lottery scam and has proposed a draft of measures he says can help to address the issue. With stakeholders divided between the use of coal as against liquified natural gas (LNG), J. Paul Morgan, the…
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IMF delays hurting us – Phillips hopes to strike deal soon amid concerns in market
KINGSTON, Jamaica – ONE WEEK after Finance Minister Dr Peter Phillips disclosed that contingent talks between the International Monetary Fund (IMF), the Inter-American Development Bank and the World Bank were holding up the approval of an extended fund facility (EFF), he now says the country is being negatively impacted by the delay. Phillips, who yesterday announced at a Jamaica House…
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EDITORIAL – Damp squib from Cabinet retreat
KINGSTON, Jamaica – The People's National Party (PNP) socialists of the 1970s may have been dismal at managing the economy, but they knew how to rally people to their cause. The PNP of the current era, in so far as we can tell, has lost the art of mobilisation. So, the Cabinet has just emerged from a three-day special session…
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