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  • May 7, 2013
    769

    US foreign tax compliance law to die soon, expert predicts

    ST JOHN’S, Antigua – Noted financial crime expert and money-laundering author Jeffrey Robinson said if Caribbean governments wait it out, the United States’ Foreign Account Tax Compliance Act (FATCA) will not be around in five years. “FATCA worldwide is still born. FATCA will eventually die because there will be too many big jurisdictions who will simply refuse to comply,” he…

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  • May 7, 2013
    811

    Antigua described by major US publication as ‘Caribbean headache’

    WASHINGTON D.C., United States – A major United States publication says Antigua and Barbuda will be a “Caribbean headache” for President Barack Obama’s new nominee of chief trade negotiator – Michael Froman. Bloomberg Businessweek says Michael Froman has “plenty of negotiating work ahead of him. “With so many challenges ahead, you can forgive Froman if fixing a dispute with the…

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  • May 7, 2013
    750

    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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  • May 7, 2013
    751

    EDITORIAL: ‘Stoking fires’ for regional integration

    BRIDGETOWN, Barbados – Apparently now more disposed to striking a militant posture to influence decision-making processes at the Caribbean Community Secretariat, Secretary General Irwin LaRocque made a spirited intervention at last week’s ministerial meeting of the Council for Trade and Economic Development (COTED). First, he joined Guyana’s Foreign Minister Carolyn Rodriques-Birkett in calling for regional private sector representation at COTED…

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  • May 3, 2013
    810

    2012 one of the ten warmest years on record

    BRIDGETOWN, Barbados, Advocate -The year 2012 was hot! In fact, it was ranked among one of the top 10 warmest years on record, says Omar Baddour, Climatologist with the World Meteorological Organization (WMO). This, despite the cooling influence of La Niña early in the year. He recently indicated that extreme weather and climate events were also noted last year, such…

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  • May 3, 2013
    823

    Guyana gov’t mulling how to handle surplus gold

    THE South American country of Guyana is trying to decide what to do with a large quantity of gold it bought from local miners when demand was high. President Donald Ramotar said Saturday that he will meet with advisers to determine when it's best to sell the gold following a recent fall in prices. He declined to say how much…

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  • May 3, 2013
    847

    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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  • May 3, 2013
    762

    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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  • May 3, 2013
    807

    The focus on ODIs and T20

    GEORGETOWN, Guyana, Stabroek News – Perusing the statements by West Indies Cricket Board (WICB) chief executive officer Michael Muirhead and newly elected Board president Whycliffe ‘Dave’ Cameron regarding Pakistan’s tour of the West Indies this year, which will comprise five One Day Internationals (ODIs) and two Twenty20 (T20) matches, one is left none the wiser as to what precisely were…

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  • May 3, 2013
    866

    Protecting freedom of the press

    BRIDGETOWN, Barbados, Advocate -Today is World Press Freedom Day and the theme for this year is “Safe to Speak: Securing Freedom of Expression in All Media”, with the focus on preventing acts of violence or discrimination against journalists and media personnel as they seek to report on the happenings around the world. However, it is fair when considering “press freedom”…

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