News
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Caribbean economies in ‘recovery mode’ – CDB
BRIDGETOWN, Barbados, CMC – The economies of Caribbean countries are in a “recovery mode” even though it is still operating in a “somewhat topsy-turvy external environment,” the president of the Barbados-based Caribbean Development Bank (CDB), Dr. William Warren Smith said Wednesday. Delivering the annual report on the current state of Caribbean economies, Smith said though he remains “guardedly optimistic about…
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‘Address past head on’ – Sir Hilary on reparatory justice
Chairman of the CARICOM Reparations Commission and Vice Chancellor of the University of the West Indies (UWI) Sir Hilary Beckles says reparative justice was not about black people standing on the street corners expecting charities from white folks. He was delivering a keynote address at the Harvard Law School recently on reparatory justice for Caribbean countries that facilitated the slave trade. Sir Hilary…
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Caribbean journalists gain insight into ways to report climate forecasting
Thirteen journalists from across the region gathered for a one-day workshop in Barbados, as part of an international initiative sponsored by the World Meteorological Organisation (WMO), to show how climate forecasting services are being used to boost business and economic opportunities in Small Island Developing States (SIDS). The workshop attempted to help the media personnel better interpret the jargon behind…
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KingstOOn a springboard for the Caribbean’s animation industry
THE Caribbean Development Bank (CDB), World Bank and the Government of Jamaica (GOJ) all agree that KingstOOn 2016, scheduled for March 12-13 at the Edna Manley College, will have a region-wide impact on Caribbean economies. The three are partners in the staging of the two-day animation workshop and conference “CDB’s support for KingstOOn is part of a wider Caribbean…
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CARICOM to take concern about banking threat to US, UN, WTO
PLACENCIA, Brazil, Friday February 19, 2016 – Concern that a decision taken by global banks could ruin the region’s financial sector has prompted a decision by Caribbean Community (CARICOM) leaders to take the matter as far as the World Trade Organization (WTO), the United Nations (UN) and the United States President. According to CARICOM chairman, Belize Prime Minister Dean Barrow,…
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World Bank provides $150 million to combat Zika in Latin America and Caribbean
WASHINGTON, United States, Friday February 19, 2016 – The World Bank Group has made US$150 million immediately available to help countries in Latin America and the Caribbean fight the Zika virus. And it said in its announcement yesterday that it stands ready to provide additional financing if it’s needed. According to the World Bank, the initial amount being provided is…
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Guyana to clear arrears to CARICOM Competition Commission
Guyana will be spending $60M from the 2016 National Budget to clear a part of arrears owing and accrued over the past five years to the CARICOM Competition Commission. This was revealed by Minister of Foreign Affairs Carl Greenidge during a review of the estimates for the Ministry of Foreign Affairs by the Committee of Supply, the Government Information Agency (GINA)…
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Caribbean Tourism sets new performance records
BRIDGETOWN, Barbados (16 Feb. 2016) – For the first time since the Caribbean Tourism Organisation (CTO) began keeping records, the Caribbean outperformed every major tourism region in the world in setting new arrival and spend records in 2015 while exceeding expectations. International tourist trips to the region grew by seven per cent to 28.7 million visits, much higher than the…
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Regional countries urged to brace for floods
BRIDGETOWN, Barbados, Feb 16, CMC – The Barbados-based Caribbean Institute for Meteorology and Hydrology (CIMH) is warning regional countries that they should brace themselves for floods as the drought conditions which have affected the region since late 2014 are expected to subside by the start of the 2016 Hurricane Season. CIMH said this latest forecast comes after many months of…
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Immediate Drought Concerns for CDEMA Participating States – Information Note #1
Several Participating States in the Caribbean Disaster Emergency Management Agency (CDEMA) system have been placed under immediate drought watch or warning for 2016. The drought situation remains a major concern for many countries due to the below-normal rainfall recorded during the previous dry and wet seasons, which resulted in a number of countries experiencing water shortages in 2015. Drought alerts…
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