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Guyana dealing with outbreak of gastroenteritis
GEORGETOWN, Guyana, CMC – Less than 24 hours after Barbados declared an alert following an increase in gastroenteritis on the island, health authorities in Guyana say they are monitoring reports of an outbreak of the infection of the lining of the digestive tract in the north west district that has so far resulted in the death of one person. “As…
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Govt reflects on Chávez’s PetroCaribe initiative
GEORGETOWN, Guyana – The revolutionary PetroCaribe initiative that allowed signatory nations to benefit from subsidised Venezuelan fuel and the role its architect Hugo Chávez, the late President of Venezuela played as a patron in Latin American and Caribbean integration, were among the highlights at a reflection of the life of the leftist leader Monday afternoon. Finance Minister Dr Ashni Singh,…
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New study highlights non-tariff barriers to trade
KINGSTON, Jamaica, CMC – Jamaica is the second Caribbean Community (CARICOM) country to have participated in a survey conducted by an international organization assessing enterprises in developing countries to help them better understand the non-tariff barriers to trade. The International Trade Centre (ITC), a joint cooperation agency of the World Trade Organization (WTO) and the United Nations Conference on Trade…
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Another public sector union signs wage restraint agreement
KINGSTON, Jamaica, CMC – The Jamaica Teachers Association, (JTA) has become the latest public sector union to sign a wage restraint agreement with the Portia Simpson Miller led administration. Previously, the teachers’ union had stated that it could not make such an agreement and as a result did not join other public sector unions, which signed the agreement with the…
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Clinton leads delegation to Haiti
PORT AU PRINCE, Haiti, CMC – Former U.S. President Bill Clinton has arrived in Haiti to promote investment in the agriculture sector in the French-speaking Caribbean Community (CARICOM) country. Clinton, who is also the United Nations' special envoy to Haiti, is heading a delegation on a two-day visit that will include visits to an agriculture school, a coffee-processing plant and…
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Walking the walk
KINGSTON, Jamaica – THERE is an intriguing story in yesterday's Sunday Observer about a push by The Bahamas to make sports a major engine of growth for its huge tourism industry. Those who haven't read it, should. Much has been said in Jamaica about sports and its potential as a money spinner — especially since this island of 2.7 million…
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Bahamas exploring for oil in commercial quantities
NASSAU, Bahamas, CMC – The Bahamas government has indicated that it will most probably hold a referendum on oil development during the latter part of 2015, if present exploration efforts prove that there is sufficient oil to economically transform the country “for many generations to come”. “Estimates suggest that exploration data, sufficient to answer the question of whether we have…
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International economist warns Eastern Caribbean countries
KINGSTON, Jamaica – A senior economist with the International Monetary Fund (IMF) is warning member countries of the Eastern Caribbean Currency Union (ECCU) that they face similar challenges now confronting the Eurozone countries. Alfred Schipke, formerly of the IMF Western Hemisphere Division, said the Eastern Caribbean Currency and Economic Union, may be the smallest of three economic and currency unions…
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(Former) Minister: US fiscal crisis threatens small Caribbean economies
BAHAMAS – The inability of American lawmakers to agree on budgetary measures threatens small Caribbean economies, asserts a former finance minister. “A US fiscal cliff can be an economic cliff for small states,” contends Zhivargo Laing, a noted Caribbean economist and former finance minister for the Bahamas. “Small Caribbean economies rely significantly on trade with the US, either through tourism…
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