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Billions expected from the Caribbean’s first gold refinery
PARAMARIBO, Suriname, CMC- The Government of Suriname has embarked on a joint venture with the Kaloti Group of Dubai to establish the first gold refinery in the Caribbean. The refinery that is being built near the village of Wit Santi, close to the country’s International Airport, is expected to start operating by next year and produce as much as US$2.77…
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Germany to fund Climate adaptation programme in four countries
BELMOPAN, Belize, CMC – The Caribbean Community Climate Change Centre (CCCCC) and the German Financial Cooperation (KfW) have signed a programme geared towards reducing the risks of climate change on the Caribbean’s coastal population. The approximately six year Ecosystem-Based Approaches for Climate Change Adaptation in Coastal Zones of Small Island Developing States in the Caribbean (EBACC) programme, which is slated…
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Caribbean Airlines records major losses in 2012
PORT OF SPAIN, Trinidad, CMC – The state-owned Caribbean Airlines (CAL) recorded losses estimated at US$70 million last year, Finance Minister Larry Howai has said. He told the Senate on Tuesday that the figure does not include the US$40 million in fuel subsidy to the airline even though he insists that the airline remains solvent. “Government has made certain provisions…
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The legacy of Hugo Chávez
GEORGETOWN, Guyana – For the sake of continuing warmth in the bilateral relationship between Guyana and Venezuela, the Government of Guyana has made all the right diplomatic moves. President Donald Ramotar led the delegation to Hugo Chávez’s state funeral last Friday, declaring a day of national mourning on the same day, and an evening of reflection to honour the late…
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EU ANGER – Workers protest against austerity measures
BRUSSELS, Belgium (AP) — Some 10,000 workers from across the European Union protested outside a summit of EU leaders yesterday, demanding they end years of austerity and focus instead on curbing runaway unemployment with more spending. The protest in frost and snow just outside EU headquarters vented frustration over spending cuts and tax hikes imposed by the bloc's governments to…
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Survey finds Dominicans worried by unemployment issues
ROSEAU, Dominica, CMC – The Roosevelt Skerrit government has been given a passing grade as it relates to its efforts to deal with unemployment in Dominica, but the population believes it is doing a good job in education. According to a mid-term review of the performance of the government conducted by the Barbados-based consulting firm, Caribbean Development Research Services Inc.…
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