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  • BAICO to begin payments again

    ST JOHN’S, Antigua – Seven hundred and thirty-one local BAICO policyholders are slated to receive monies they have been awaiting for four years, in Phase II of the collapsed companies payouts. Local judicial manager for the defunct company, Cleveland Seaforth, said the governments of the Eastern Caribbean Currency Union (ECCU) gave permission to release payments for Phase II of their…

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  • Civil Servants denied permission to march

    CASTRIES, St. Lucia, CMC-A planned protest march by Civil Servants failed to materialise on Thursday, as organisers were not granted Police permission to take to the streets. Acting Police Commissioner Errol Alexander said in planning their march the Civil Service Association did not conform with the Public Order Act, which requires that permission be sought three days ahead of  a…

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  • Doctors on strike

    KINGSTON, Jamaica, CMC – The islandwide protest by doctors in the public health sector has stemmed from an impending reclassification exercise to be undertaken during the 2013/2014 financial year. Health Minister, Dr. Fenton Ferguson who made this disclosure in Parliament on Thursday afternoon said he hopes the Ministry of Finance will deal with the reclassification issue swiftly to bring back…

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  • Challenges on the horizon says analyst

    KINGSTON, Jamaica, CMC – Ahead of Thursday’s presentation of the 2013/2013 Budget Debate, a local financial analyst is warning of major challenges on the horizon . With the Budget being tabled against the background of a not yet signed deal with the International Monetary Fund (IMF), financial analyst, Dennis Chung, believes it will be difficult for the Government to meet…

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  • Big squeeze – Budget demands tighter spending

    KINGSTON, Jamaica – Most government ministries and departments will have to survive with less money this fiscal year as Finance Minister Dr Peter Phillips has kept his word and dramatically tightened the Government's spending plans. Phillips yesterday tabled a spending plan for the 2013-2014 fiscal year which reflects huge savings on interest payments and debt repayment but still leaves ministries…

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  • Government to focus growth and development

    KINGSTON, Jamaica, CMC – Governor General Sir Patrick Allen says the divestment of Public Sector assets and a major infrastructural project will be some of the areas of focus by the Portia Simpson Miller administration in this legislative year. “Through a managed privatisation process, the Government intends to make a renewed effort to dispose of some Public Sector assets to…

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  • Boys and girls: redressing the balance

    GEORGETOWN, Guyana – According to a recent international study conducted by the Organisation for Economic Cooperation and Development (OECD), teachers are giving girls higher marks than boys in school-based assessments, not simply because they are brighter but because they are being rewarded for such attributes as attentiveness, eagerness and organisational skills. The study also suggests that socio-economically advantaged students fare…

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  • Three killed after plane hits a car

    NASSAU, Bahamas, CMC – The Bahamas government says it will move to install emergency lights at the Mayaguana airport after an aircraft crashed into a vehicle killing three people on Thursday. “As a result of this terrible turn of event the Ministry of Transport is now intervening to procure the immediate installation of emergency lights in Mayaguana and will thereafter…

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  • Supine and silent: The Caribbean in a vortex BRIDGETOWN, Barbados – How beneficial or not to the Car

    BRIDGETOWN, Barbados – How beneficial or not to the Caribbean is the Economic Partnership Agreement (EPA) between the 27-nation European Union (EU) as a bloc and the 15 small Caribbean members of CARIFORUM individually? Five years after the EPA became operational, this issue is still being debated.  But, it is a sterile debate.  The EPA – with all its flaws,…

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  • Caribbean officials seek to curb dirty money

    KINGSTON, Jamaica – FINANCE officials from 13 Caribbean island nations and territories met yesterday in Antigua to brainstorm about ways of strengthening anti-money-laundering efforts and asset forfeiture. It's an uphill battle in the Caribbean, which UN experts consider a top destination for the laundering of cocaine income. Last year, eight Caribbean countries or territories were designated by the US as…

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