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  • Turks and Caicos recovers cash, land amid probe

    KINGSTON, Jamaica – OFFICIALS in the Turks and Caicos Islands say they have recovered US$19.5 million and more than 2,500 acres (1,000 hectares) of real estate as they continue to seize assets allegedly improperly obtained by corrupt politicians. Yesterday’s announcement comes six months after the territory resumed self-government after three years of direct rule imposed by Britain due to a…

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  • ‘Ban them now!’ Local entrepreneurs call for restrictions on agri imports

    KINGSTON, Jamaica – Ban the importation of all agricultural produce which can be cultivated locally! This, according to Peter McConnell, managing director of Worthy Park Estate Limited, is the first practical step that should be taken in redressing the country’s growing import bill which now stands at just under US$1 billion. Last year, Jamaica’s agricultural export bill was recorded at…

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  • Get the facts on those e-mail claims

    PORT OF SPAIN, Trinidad – THE Commissioner of Police is the most appropriate authority to begin the probe into the authenticity of e-mails presented in the Parliament last Monday by Opposition Leader Dr Keith Rowley. This does not mean, however, that the CoP is the office best suited to finish such an exercise. That Commissioner Stephen Williams is currently acting…

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  • SPY BUG IN DPP’S OFFICE

    PORT OF SPAIN, Trinidad – At the height of the Section 34 controversy, a sophisticated laser spying device was discovered in the Office of the Director of Public Prosecutions (DPP), Roger Gaspard, SC. T&T Guardian investigations revealed the device was detected in November last year inside the conference room of the DPP’s office at the Winsure Building, Richmond Street, Port-of-Spain.…

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  • Groups welcome police probe in e-mail scandal

    PORT OF SPAIN, Trinidad – Business organisations are happy to see an investigation by the Trinidad and Tobago Police Service (TTPS)is being conducted into allegations made in Parliament about controversial e-mails during the debate on the no-confidence motion against the government this week. “The Trinidad and Tobago Chamber of Industry and Commerce welcomes the news that the TTPS has already…

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  • PM, ministers heading overseas

    KINGSTON, Jamaica – Prime Minister Portia Simpson Miller as well as several government ministers will be heading overseas in the coming days on separate engagements. Simpson Miller left for Addis Ababa, Ethiopia, yesterday to participate in the 50th anniversary of the Organisation of African Unity/The African Union. “The prime minister’s participation forms part of Jamaica’s foreign policy of deepening engagement…

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  • Coalition observes third anniversary, public opinion poll shows low approval rating for

    PM PORT OF SPAIN, Trinidad, CMC – The ruling coalition People’s Partnership government is observing its third anniversary in office on Friday with an opinion poll showing that the approval rating for Prime Minister Kamla Persad Bissessar has fallen compared with previous years. The coalition will hold a public rally in Chaguanas in Central Trinidad on Friday night and according…

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  • PIOJ optimistic about economic growth in Jamaica

    KINGSTON, Jamaica, CMC – The Planning Institute of Jamaica (PIOJ) is predicting that the island’s economy could experience as much as one per cent economic growth this fiscal year based on the implementation of several key multi-billion dollar projects. PIOJ Director General, Colin Bullock, said these developments include the J$2.5 billion (One Jamaica dollar = US$0.01 cents) Major Infrastructure Development…

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  • Barbados must sharpen focus as a financial centre

    BRIDGETOWN, Barbados – THE OFFSHORE SECTOR has always been major part of the financial employment generating and foreign exchange earning aspects of our economy, and along with tourism, it has helped to fill the breach created by the decline of sugar. But the potential for that sector to do even more for the Barbadian economy can be gauged from the…

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  • http://cananewsonline.com/news/full-news/business-news/88979-caribbean-economy-oecs-oecs-to-benefit-from-us-20-million-idb-loan.html

    ST. GEORGE’S, Grenada, CMC – Caribbean governments should seek far reaching agreements with creditors when pursuing debt restructuring instead of accommodating short term measures that will eventually have to be re-negotiated before feeling the positive impact. Jurgen Kaiser, a coordinator and research fellow at the German Debt Network, says “the conditions for these agreements should be deep and all encompassing,…

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