News

  • June 28, 2013
    879

    Bermuda to get female Deputy Governor

    HAMILTON, Bermuda, CMC — Bermuda, Britain's most populous Overseas Territory (OT), is to get a female Deputy Governor who has served in the Pitcairn Islands, Britain's smallest OT, Government House announced on Thursday. Governor George Fergusson announced career diplomat Ginny Silva will replace current Deputy Governor David Arkley in December. Silva joined the Diplomatic Service in 1987 having worked previously…

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  • June 28, 2013
    815

    ECCB announces monetary protection plan

    ST JOHN’S, Antigua – Bank depositors in the sub-region can look forward to a greater level of protection after the announcement that an Eastern Caribbean Deposit Insurance Corporation will be created. Eastern Caribbean Central Bank (ECCB) Governor General Sir Dwight Venner revealed that a total of four new institutions will be established to help “stabilise and consolidate the financial sector”…

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  • June 28, 2013
    775

    Cave Hill researchers make HIV discovery

    BRIDGETOWN, Barbados – Barbados has scored a small victory in the fight against HIV and AIDS. Local researchers have made a groundbreaking discovery – HIV positive people who go on anti-retroviral therapy (ART) here, have been showing a suppressed viral load. To put it simply, they are non-infectious.

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  • June 28, 2013
    835

    Mission ends fact finding visit to Turks and Caicos Islands

    GEORGETOWN, Guyana, CMC – A Caribbean Community (CARICOM) fact finding mission to the Turks and Caicos Islands (TCI) will present its findings and recommendations to regional leaders when they meet in Trinidad and Tobago next week. The mission, which was headed by Bahamas Foreign Affairs and Immigration Minister Frederick A. Mitchell was mandated by the regional leaders to review the…

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  • June 28, 2013
    835

    Reducing fiscal deficit major challenge facing Barbados economy

    BRIDGETOWN, Barbados, CMC – The major challenge facing the Barbados economy is to reduce the fiscal deficit in order to determine a policy that finds the right balance between fiscal consolidation and economic expansion. Prime Minister Freundel Stuart told a one-day National Consultation on the Economy that the country is experiencing its most severe economic challenges since World War II…

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  • June 28, 2013
    805

    Dominica’s national debt in excess of EC$700 million

    ROSEAU, Dominica, CMC – Dominica’s national debt is in excess of EC$700 million (One Ec dollar = US$0.37 cents), the island’s director of audit, Clarence Christian has said. Speaking on the state-owned DBS radio, Christian said the total central government debt was EC$702.8 million with external debt accounting for EC$520.9 million. He said the value of unpaid cheques, which people…

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  • June 28, 2013
    850

    Venezuela’s President for T&T

    (Trinidad Express) Trinidad yesterday announced a visit by CARICOM Heads of State, and the leaders of several other countries including the newly elected president of Venezuela Nicolas Maduro. The announcement was made by acting Communications Minister Anil Roberts at the post-Cabinet press conference, at the Office of the Prime Minister, Port of Spain. He said that beginning on July 3rd,…

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  • June 28, 2013
    818

    St Lucia prime minister proposes overhaul of regional education system

    CASTRIES, St. Lucia, – Prime Minister Kenny Anthony is proposing major changes to the regional educational system in order to reduce the growing problem of unemployment among young people. He made the recommendations in an address to over 150 youth attending a regional conference hosted by the Caribbean Youth Empowerment Programme which highlights challenges facing youth at risk in the…

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  • June 28, 2013
    789

    EDITORIAL: Christie makes valid point

    BRIDGETOWN, Barbados – The Prime Minister of The Bahamas, Perry Christie, recently urged the international commercial banks with a presence in the region to be true partners in development with the government and people of the islands in which they operate. Mr Christie was speaking at an important conference which took place recently in The Bahamas and brought together officials…

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  • June 26, 2013
    764

    EDITORIAL: Arab Spring gets touch of samba

    BRIDGETOWN, Barbados – Amidst the proliferation of criticism the current Democratic Labour Party Government is facing by its stony silence with respect to the pressing issues facing the country, it should pay particular attention to the manner in which small issues could snowball when left to fester. The question that has to be asked is: is this decade going to…

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