News
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Ambassador Paola Amadei on EU’s Support in Fight Against Money Laundering
The Caribbean has been reassured of the support of the European Union as regional Government’s implement measures to combat money laundering. The EU’s Ambassador to Jamaica, Belize, The Bahamas, the Turks and Caicos and the Cayman Islands – Paola Amadei, told delegates attending the 3rd Caribbean Conference on the International Financial Services Sector, hosted by The Caribbean Export Development Agency…
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Sentencing delayed
KINGSTON, Jamaica, CMC -The sentencing of entertainer Vybz Kartel and his co-accused Shawn Campbell, Kahira Jones and Andre St John has been delayed until Thursday April 3. In court on Thursday morning, the Judge Justice Lennox Campbell asked the defense team provide some pertinent information before going ahead with handing down the sentences. On March 13, Kartel, whose real name…
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UNITED STATES-MIGRATION- Forty-one Cuban migrants rescued by cruise ship
MIAMI, CMC – The United States Coast Guard says 41 Cuban migrants have been rescued by the Carnival Ecstasy cruise ship in the Florida Straits. On Wednesday, the Coast Guard announced that crew members aboard the 855-foot Carnival Ecstasy located the “grossly overloaded vessel” at 7 p.m. on Tuesday. “The vessel was unseaworthy, was taking on water, and did not…
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Tobago to get increase of British Airways flights from London
PORT OF SPAIN, Trinidad and Tobago, Express – Tobago will see an increase in British Airways flights from London, Gatwick from one to two per week effective October 2014. Diane Corrie, commercial manager Caribbean British Airways, said yesterday that the increase was in response to “heightened demand in leisure travel from the UK to Tobago”. Noting that Tobago was “growing…
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T&T pushes to lead Caribbean aviation industry
PORT OF SPAIN, Trinidad and Tobago, Guardian – With the signing of a collaboration agreement between US-based Sikorsky Aircraft Corp. and Trinidad and Tobago, the Caribbean nation moved one step closer to becoming a regional leader in the aviation industry. Sikorsky, a subsidiary of United Technologies Corp., announced the signing during the International Air and Space Fair (FIDAE) in Santiago,…
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Trinis hold marathon talks in Caracas
PORT OF SPAIN, Trinidad and Tobago, Express – The Trinidadian delegation who landed in Venezuela yesterday mor¬ning were locked in a marathon session all day into late yesterday eve¬ning with Venezuelan authorities as they sought answers involving the detention of 19 Trinidadian Muslims. The delegation, headed by Rear Admiral Richard Kelshall, arrived in the capital Caracas on a “fact-finding mission”,…
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ST.LUCIA-ECONOMY-More funds towards recovery efforts
CASTRIES, St. Lucia CMC – The World Bank will make an additional US$36 million available to St Lucia and St. Vincent and the Grenadines to assist with recovery efforts following the passage of a lethal weather system on Christmas Eve. Just days ahead of the 2014/2015 budget presentation, Prime Minister Kenny Anthony on Thursday welcomed the assistance, noting that while…
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GUYANA-ENERGY-President Ramotar says hydro project still on stream
GEORGETOWN, Guyana, CMC – The Guyana government says it remains optimistic that the Amaila Falls Hydro-Power project will become a reality despite the decision of the US-based Sithe Global Power, LLC to withdraw from the project last year. “We haven’t given up on Amaila. As far as I know it is back with the IDB (Inter American Development Bank) board,…
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Multilaterally Intermeshed AML/CFT Legislation a Critical International Obligation
GEORGETOWN, Guyana, Chronicle – Passing the Anti-Money Laundering/Countering the Financing of Terrorism (AML/CFT) act is critical to the future well-being of Guyana and to all Guyanese. Guyana has an international obligation to enact legislation, which is constitutional; harmonized with the laws of other member countries in its group; able to pass peer review by those countries; and in accord with…
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Finance Minister: No effort spared to safeguard integrity of financial systems
GEORGETOWN, Guyana, Chronicle – THE stability and strength of any financial system are an indispensable prerequisite for the overall health and well-being of an economy, says Finance Minister, Dr. Ashni Singh, and the current Administration has spared no effort in safeguarding the integrity of local financial systems. Addressing the matter Monday during his Budget 2014 presentation to the House, Dr…
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