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Saudi company pulls out of multi-billion dollar energy project
PORT OF SPAIN, Trinidad, CMC – The Trinidad and Tobago government has confirmed that the construction of a multi-billion dollar methanol complex involving a Saudi Arabian company has been scrapped. Energy Minister Kevin Ramnarine confirmed international media report that the Saudi Basic Industries Corporation (SABIC) had decided not to continue with negotiations for the planned US$5.3 billion complex after the…
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Prime Minister defends geothermal project
ROSEAU, Dominica, CMC – Prime Minister Roosevelt Skerrit has brushed aside critics of his administration’s geothermal energy plan insisting that it represents the best hope for attracting foreign investments and improving the socio-economic wellbeing of Dominicans. Addressing the inauguration of the Trafalgar/Shawford/Fond Canie over the weekend, Skerrit said that his administration remains convinced that the geothermal project would bring relief…
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Concern over region’s US$9b fuel import bill
PORT OF SPAIN, Trinidad – The biggest energy challenge in the Caribbean is over-dependence on imported petroleum and petroleum products. In remarks at the opening ceremony of a Special Meeting of the Council for Trade and Economic Development (Coted) at the Hyatt Regency in Port-of-Spain yesterday, Caricom’s Office-in-Charge, Trade and Economic Integration, Desiree Field-Ridley said the region’s annual fuel import…
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EDITORIAL – The CCJ: a declaration of relevance
KINGSTON, Jamaica – An important event is unfolding in Kingston today which, perhaps, may be a defining moment for Jamaica. We hope it is. The matter to which we refer is the sitting here of the Caribbean Court of Justice (CCJ), albeit in its original jurisdiction, which it is to say in its capacity as arbiter of the Revised Treaty…
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CCJ convenes in Jamaica today with finger-rape case
KINGSTON, Jamaica – THE Caribbean Court of Justice (CCJ) will today convene for the first time in Jamaica when it sits at the Jamaica Conference Centre in downtown Kingston to hear the case against the Barbadian Government by Jamaican Shanique Myrie. Myrie is seeking damages for what she said was discriminatory treatment by Barbadian Customs and Immigration officials when she…
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Caribbean urged to join Earth Hour movement
PORT OF SPAIN, Trinidad – Caribbean nations are being urged to join other regions of the world in Earth Hour, a global activity intended to raise awareness of climate change. The concept is simple. On March 23, individuals and organisations in participating nations will turn off their non-essential lights for one hour. In 2012, official Earth Hour activities took place…
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US sequestration could hurt Caribbean
KINGSTON, Jamaica – Last Thursday, the United States Congress abandoned efforts to find consensus on a way to avoid automatic budget cuts. Although both Republicans and Democrats professed willingness to compromise and pursue a balanced and pragmatic approach, the two political parties adhered rigidly to their ideological economic fundamentalism. Sequestration requires 5.1 per cent automatic cuts amounting to US$85 billion.…
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Address by Senator the Honourable Kevin Ramnarine Minister of Energy and Energy Affairs on the occasion of the Official Opening Ceremony of the FORTY-FIRST SPECIAL MEETING OF THE COUNCIL FOR TRADE AND ECONOMIC DEVELOPMENT (COTED) (ENERGY) Friday 01 March,
Hyatt Regency Good morning, on behalf of Prime Minister the Honourable Kamla Persad-Bissessar and the Government welcome to Trinidad and Tobago. Almost forty years ago on the 4th of July 1973, Trinidad and Tobago, Barbados, Jamaica and Guyana signed the Treat of Chaguaramas. By some coincidence that was Independence Day for the United States. The treaty came into force on…
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