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Yachting sector contributes EC$130M to the economy
ST.GEORGE’S, Grenada, CMC – The yachting sector has provided a significant boost to the economy, based on the results of a survey conducted between May 2012 and April 2013 . The survey revealed that the sector’s net contribution to Grenada was EC$130 million with repairs and maintenance is responsible for 25% of the amount. President of the Marine and Yachting…
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T&T gets triple A rating
PORT OF SPAIN, Trinidad – Four consecutive quarters—one year—of economic growth for Trinidad and Tobago. This was disclosed by Finance Minister Larry Howai at yesterday’s post-Cabinet news briefing at the Prime Minister’s St Clair office. He also said Trinidad and Tobago had received a triple A rating from CariCris, the Caribbean credit ratings agency.
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UN allocates funds for cholera response in Haiti
UNITED NATIONS, CMC – The United Nations says its emergency relief fund will allocate an additional US$1.5 million to the cholera response in Haiti at a time when cases are set to rise due to the rainy season. “Cholera has claimed over 8,100 lives and infected over 660,000 people since the outbreak began in Haiti in 2010,” said the Operations…
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Twenty four countries to participate in CARIFESTA XI
GEORGETOWN, Guyana, CMC – Twenty four countries from across the region have confirmed their participation in the Caribbean Festival of Arts and Culture (CARIFESTA), scheduled to be held in Suriname, August 16- 25. This was disclosed by the Chairman of the Host Country Management Committee (HCMC), Ivan Graanoogst at a recent press conference held at the Headquarters of Carifesta XI…
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Jamaica’s very surprising call over CARICOM
BRIDGETOWN, Barbados – THIS IS UNDOUBTEDLY a most challenging period in global political and economic developments for some members of CARICOM. And a few leading Community partners seem to be wilting under mounting economic and social pressures, resulting in rather surprising political posturings. None more so than in the case of Jamaica. Last week, for instance, that country’s opposition leader…
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Trying to understand ‘convergence’
GEORGETOWN, Guyana – Prime Minister Kamla Persad-Bissessar’s reference, in her opening remarks at the recent meeting of CARICOM Heads in Port of Spain, to the view that “CARICOM, as it was originally envisioned, has reached its political, socio-economic and ideological limits,” may have its genesis in the thinking of her foreign minister, Winston Dookeran. In our editorial of December 21,…
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Nelson Mandela
GEORGETOWN, Guyana – Difficulties break some men but make others. No axe is sharp enough to cut the soul of a sinner who keeps on trying, one armed with the hope that he will rise even in the end. – Nelson Mandela, Robben Island 1975 Today is the 95th birth anniversary of Mr Rolihlahla Mandela better known as Nelson Mandela…
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EDITORIAL – Repairing the brand and our psyche
KINGSTON, Jamaica – Karl Samuda, the opposition MP, with great clarity, summed up the impact of the recent spate of positive drug tests for leading Jamaican athletes on the global brand. The observation applies, too, to our collective psyche. “What has happened,” Mr Samuda told his parliamentary colleagues, “is that the previously infallible nature of our athletics prowess has been…
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