News
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Credit Unions want regional governments to change economic growth strategies
PANAMA CITY, Panama, CMC – The Caribbean Confederation of Credit Unions (CCCU) has ended a four-day international conference here calling on regional governments to regard the co-operative movement as the new engine of growth in light of the ongoing global economic and financial crisis. Newly elected CCCU president, Aaron Moses of Grenada, told the closing ceremony on Tuesday night that…
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UN calls for “action on all fronts to end scourge” of human trafficking
VIENNA, Austria, CMC – A week after the United States assailed some Caribbean Community (CARICOM) governments for not doing enough in addressing human trafficking, the United Nations has called for “action on all fronts to end the scourge”. UN Deputy Secretary-General Jan Eliasson is urging all partners, governments, the private sector, civil society, the media, and ordinary citizens to help…
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Beaches a major driver of the Turks and Caicos economy, but…
KINGSTON, Jamaica – PREMIER Rufus Ewing of the Turks and Caicos Islands yesterday responded to the Jamaica Observer’s June 21, 2013 editorial which criticised the British Overseas Territory for its treatment of Beaches resorts and Jamaicans generally. Ewing acknowledged the vast contribution of Beaches to the island’s economy but suggested the Government was batting for more jobs for locals. Following…
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T&T ‘hot seat’ for CARICOM
PORT OF SPAIN, Trinidad – A WEEK from tomorrow Heads of Government of the 15-member Caribbean Community and Common Market (CARICOM) should be in Port of Spain for a three-day regular annual summit that officially gets underway on Thursday, July 4. The historical significance of this regular summit being hosted in Port of Spain to coincide with the 40th anniversary…
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CARICOM: Change is easy, but improvement is difficult
KINGSTON, Jamaica – THE current trade concerns, discussed by Jamaica and Trinidad & Tobago, represent the growing pains within the regional trading environment after 40 years of endeavour and investment intended to arrive eventually at a viable common economic and cultural space. We will then be able to develop strategies to promote further regional advancement, while confronting the convolution born…
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Is CARICOM the bloc the builders rejected?
KINGSTON, Jamaica – THE global economy is traversed by a network of constantly shifting economic/trade blocs, of which the 15-member Caribbean Community (CARICOM) has been the second-longest running economic integration scheme, at 40 years old, counting from the 1973 Treaty of Chaguaramas. Only the European Union (EU) has been around longer, having begun as an integration project with six countries…
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Democracy and ‘the voice of the streets’
GEORGETOWN, Guyana – The government of Brazilian President Dilma Rousseff has been mindful not to go down the same road as others – that of Turkey’s Prime Minister Recep Tayyip Erdogan being the most recent – that have opted for bullish, often brutal responses to popular protest. If she may have been less than tardy in addressing the protests that…
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Responding to Protests, Brazil’s Leader Proposes Changes to System
SÃO PAULO, Brazil — President Dilma Rousseff of Brazil proposed a series of bold changes to the country’s political system on Monday, including convening a constituent assembly apparently aimed at overhauling Congress and campaign-finance methods, in an effort to assuage the concerns of protesters who have stunned the nation this month with their anti-establishment demonstrations. In detailing her plans, Ms.…
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Brazil’s protesters sick of corruption
It’s an odd spectacle. Traditionally, Brazilians take to the streets only during Carnival. Now they do it to protest. What has happened? It all started after the fares for public transportation were raised, but that was just an excuse. There was more to it. The profound truth is that much of society is tired of corruption, impunity, the intricate bureaucracy…
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