News
-
Will we become fully free?
KINGSTON, Jamaica, Observer -The calendar once again turns our focus on this period of recognition for this nation, beginning today with Emancipation Day, August 1. There will be a number of occasions over the next few days on which the National Anthem and National Pledge will be sung and said out loud with greater fervour than other months. And, among…
Read More » -
British companies looking to Jamaica but have concerns
KINGSTON, Jamaica, Observer – BRITISH High Commissioner to Jamaica David Fitton has indicated that there is some level of interest from companies in Britain that want to set up shop in Jamaica, but says this will depend on a number of factors, including concerns about security. Speaking with the Jamaica Observer in an interview on Monday, Fitton — who took…
Read More » -
GUYANA-COURT-Eight passengers suing Caribbean Airlines
GEORGETOWN, Guyana, CMC – More than two years after they were injured when a Caribbean Airlines (CAL) plane overshot the runway at the Cheddi Jagan International Airport (CJIA), eight of the passengers have filed a lawsuit against the Trinidad-based carrier. The passengers through documents filed through their attorneys – Sase Gunraj and Jaya Singh – last last month are each…
Read More » -
GUYANA-HOUSING-Housing minister warns of fraudsters as new housing scheme launched
launched GEORGETOWN, Guyana, CMC – The Guyana government is warning the public to be aware of fraudsters attempting to sell them house lots as it announced plans for the start of the 1,000 homes turn- key initiative. Housing and Water Minister Irfaan Ali said that the housing initiative is expected to begin in October, and public should be aware of…
Read More » -
Guyana’s Petrocaribe debt sustainable-Bank of Guyana official
GEORGETOWN, Guyana, Chronicle – GUYANA’s debt accrued under the Petrocaribe arrangement with Venezuela is sustainable and the reported impending increase in interest rates being charged under that credit facility is no cause for serious concern, according to a top Bank of Guyana official. On Monday, Platts, an energy and petrochemicals information provider, quoted an unnamed source with Venezuela’s state owned…
Read More » -
DOMINICA-ECONOMY-EU pleased with Dominica, pledges more budgetary assistance
ROSEAU, Dominica, CMC – The European Union says Dominica will continue to receive financial assistance under the European Development Fund (EDF) Budget Support Programme. Head of Delegation of the European Union to Barbados and the Eastern Caribbean, Ambassador Mikael Barford, gave that assurance following a review meeting of the 10th EDF General Budget Support, here on Wednesday. “The reason why…
Read More » -
No British support to invade Grenada
LONDON, CMC – Britain had been against United States plans to invade Grenada in 1983, according to documents released Thursday by the National Archives here. The documents indicate that then Prime Minister Margaret Thatcher and United States president Ronald Reagan were at odds over the plans to invade the Caribbean island after its then left wing leader, Maurice Bishop and…
Read More » -
Warning for Caribbean countries
WASHINGTON, CMC – Caribbean countries have been warned that while increased financial integration has facilitated the flow of funds and allowed regional countries to overcome scale constraints, the increased interconnectedness has also built systemic risks and increased the likelihood of contagion. An International Monetary Fund (IMF) Working Paper examining the “Financial Interconnectedness and Financial Sector Reforms in the Caribbean” notes…
Read More » -
CARICOM divide deepen-Tufton fires back after Nicholson dismisses proposal to withdraw regional body
KINGSTON, Jamaica, Gleaner – The rhetorical fisticuffs between the Government and the Opposition over Jamaica's continued participation in CARICOM became more intense yesterday, with the opposition spokesman on trade, Dr Chris Tufton, berating remarks by his government counterpart, A.J. Nicholson, who wants no part in any suggestion about a temporary withdrawal from CARICOM. The suggestion was made by the leadership…
Read More »