News
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IMF pleased with economic performance of Belize
WASHINGTON, CMC – The International Monetary Fund (IMF) says the completion of the exchange of the “super bond” for new United States denominated bonds has brought “substantial cash-flow relief” to Belize. The IMF, which recently concluded a review of the country’s economy, said that the new bonds, which will expire in 2038, has resulted in a cash flow of US$130…
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China provides 18 million for projects in Dominica
ROSEAU, Dominica, CMC – China is providing more than EC$18 million (One EC dollar = US$0.37 cents) to Dominica for a number of community-based projects and the construction of a new hospital in the capital. “This assistance is being granted to us by China at a very difficult time for all of us in the world including China, but because…
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Belize to host first ever Intra ACP global climate change conference
BELMOPAN, Belize, CMC – Belize will host the first ever first ever Intra-African Caribbean and Pacific (ACP) Global Climate Change Alliance (GCCA) Programme Regional Technical Meeting (RTM) later this month. The Belize-based Caribbean Community Climate Change Centre (CCCCC) said the main objective of the July 18-19 event is to raise interest in this global programme; establish thematic working groups in…
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EU countries tardy in assisting the region implement EPA measures
GEORGETOWN, Guyana, CMC – Outgoing Director General of the Caribbean Forum (CARIFORUM) Directorate, Ivan Ogando Lora, says European countries have not lived up to their promise of assisting regional countries in implementing measures contained in the Economic Partnership Agreement (EPA) signed with Europe nearly five years ago. “With the exception of two states, EU member states have not lived up…
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Talks fail to resolve issue on fuel subsidy
KINGTSOWN, St. Vincent, CMC – Prime Minister Dr. Ralph Gonsalves says recent talks with the Trinidad and Tobago government to address the issue of the fuel subsidy given to the Port of Spain-based Caribbean Airlines (CAL) have failed to resolve the matter. Gonsalves is chairman of the regional shareholder governments that owned the Antigua-based airline, LIAT, which has accused the…
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JAPAN-CARICOM discuss areas of cooperation
GEORGETOWN, Guyana, Jul 16, CMC – The 16th Caribbean Community (CARICOM)-Japan Consultation began here on Tuesday with the Asian country signalling its intention to further deepen relations with the 15-member grouping. Director-General of the Ministry of Foreign Affairs of Japan, Ambassador Akira Yamada, said his country has paid increased attention to the development agenda of the region and that Tokyo’s…
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EDITORIAL – Positive move by private sector on CARICOM
KINGSTON, Jamaica – Perhaps we can now get down to a serious, coherent and fact-based analysis of Jamaica's trade relations with the Caribbean Community (CARICOM) and its membership in the Community. Up to now, that debate has been characterised largely by emotive rants, aimed primarily at Trinidad and Tobago, in which private-sector leaders merely ran with the crowd. Now, they…
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ECLAC underscores regional integration as key to development
GEORGETOWN, Guyana, CMC – The Economic Commission for Latin America and the Caribbean (ECLAC) says regional integration is key to development, as delegates discussed the medium-term challenges and the shaping of a post-2015 development agenda in the Caribbean. During the Sixteenth Meeting of the Monitoring Committee of ECLAC’s Caribbean Development and Cooperation Committee (CDCC), executive secretary Alicia Bárcena said that…
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CARICOM heads’ conference again
GEORGETOWN, Guyana – It seems worthwhile to return once again, editorially, to the subject of the recent CARICOM Heads of Government conference held in Trinidad and Tobago earlier this month. Most commentaries suggest a certain pessimism about the outcome of the meeting, and there has been no substantial comment from any of our heads refuting this view. Instead, we are…
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Snowden and a Cold War Revival
MOSCOW — The greatest media event of the Cold War occurred on July 12, 2013. By all accounts, the scene at Moscow’s Sheremetyevo International Airport on Friday afternoon was like nothing those present had ever seen — and most were no strangers to media madness. One witness said she had feared she might be torn apart by the journalists. Her…
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