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  • April 2, 2013
    786

    New options to deal with blackout

    PORT OF SPAIN, Trinidad, CMC – The Trinidad and Tobago is to consider establishing another option to provide reliable electricity to customers following last weekend’s power outage that plunged the country into total darkness for more than eight hours. Energy Minister Kevin Ramnarine, who is expected to submit a report to Cabinet on Thursday on the blackout, said “the time…

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  • April 2, 2013
    775

    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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  • April 2, 2013
    785

    Ministry to focus on youth in agriculture

    ST JOHN’S, Antigua – Officials in the Ministry of Agriculture are seeking to formulate a national plan for youth to drive further development within the agricultural sector. The mid-term plan will not only address the current needs of youth involved in the sector, but will also guide them in terms of future advancements. Director of Agriculture Jedidiah Maxim told OBSERVER…

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  • April 2, 2013
    815

    Prime Minister Stuart is new RSS Chairman

    BRIDGETOWN, Barbados – Prime Minister Freundel Stuart of Barbados has taken over the chairmanship of the Regional Security System (RSS). He was selected to head the regional body at its just concluded meeting in St. John’s, Antigua. Mr. Stuart replaces Errol Cort, the National Security Minister of Antigua and Barbuda. Coming out of that meeting, the new Chairman has re-emphasised…

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  • April 2, 2013
    791

    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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  • April 2, 2013
    807

    Debt warning

    warning BRIDGETOWN, Barbados – The International Monetary Fund (IMF) has warned Caribbean countries, including Barbados, they face an uphill battle fighting the debt crisis that has them in a stranglehold. An IMF paper released yesterday, titled Caribbean Small States: Challenges of High Debt And Low Growth, said the average debt as a percentage of GDP for the region now hovered…

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  • April 2, 2013
    805

    Making it work

    BRIDGETOWN, Barbados – Discussions surrounding movement of goods, services and of people throughout CARICOM should be at the forefront of a lecture tonight at the Grand Salle, Frank Collymore Hall. The lecture begins a series of events over the next few days to mark the inaugural National Services Week. Barbados’ Ambassador to CARICOM, Robert “Bobby” Morris and International Business Minister,…

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  • March 28, 2013
    795

    Diplomatic push for Middle East

    BRIDGETOWN, Barbados – UNITED STATES President Barack Obama scored a diplomatic coup last week on his whirlwind trip to the Middle East. At first there was much speculation that the tour would merely be a widow-dressing exercise, especially among the Palestinians. However, there is now some scope for progress though somewhat tangentially. First there was the belated apology that came…

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  • March 28, 2013
    965

    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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  • March 28, 2013
    842

    Haiti welcomes first US brand hotel in a decade

    The first U.S. brand — and Haiti’s second luxury hotel to open in three months — will welcome its first guests Thursday. Designed for the business traveler, the Best Western Premier, a 106-room seven-story hotel in tony Petionville is finally making its debut. A soft-opening is planned for April 4, but guests will get their first glimpse before then. “It…

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