News
-
US lobbies Caribbean for position on IACHR
PORT OF SPAIN, Trinidad, CMC – The United States candidate for the Inter-American Commission on Human Rights (IACHR), Professor James L. Cavallaro, has held talks with Caribbean Community (CARICOM) seeking support for his candidacy. CARICOM foreign ministers met here earlier this week under the chairmanship of Trinidad and Tobago’s foreign minister Winston Dookeran. A statement issued by the US Embassy…
Read More » -
CAL VP Jaikaran treated in NY for heart problems
PORT OF SPAIN, Trinidad – Vice-chairman of Caribbean Airlines (CAL) and WinTV executive chairman Mohan Jaikaran was hospitalised in New York, USA, following “heart complications.” Sunil Ramdeen, WinTV’s general manger, confirmed that Jaikaran had complications relating to his heart but he is now at his New York-based home. Ramdeen explained that Jaikaran had heart issues for some time—he suffered a…
Read More » -
CAL board’s wings clipped
PORT OF SPAIN, Trinidad – The wings of Caribbean Airlines’ board have been “clipped” and a new board is on the horizon, expected to be announced shortly, government officials said yesterday. The development is now in the works after yesterday’s weekly Cabinet meeting, they added. The new board is tipped to include certain business and professional people. However, former BWIA…
Read More » -
Prime Minister fails to keep election promise says opposition
CASTRIES, St. Lucia, CMC-The Lucian People’s Movement (LPM), one of two opposition groups here is taking Prime Minister Kenny Anthony to task for stating that his government has delivered on an electoral promise to create thousands of jobs . “Not only is this far from the truth but also that Dr. Anthony’s statement may well have been cleverly designed to…
Read More » -
CSA chief: Corruption impeding regional shipping
PORT OF SPAIN, Trinidad – President of the Caribbean Shipping Association (CSA ) Grantley Stephenson says corruption in international trade is impeding growth of the region’s maritime business. Speaking at Monday’s opening of the 12th Caribbean Shipping Executives Conference in Freeport, Bahamas, Stephenson said: “The association has previously addressed issues related to smuggling of narcotics and through earlier contacts with…
Read More » -
IMF says financial position stronger than ever
BASSETERRE, St. Kitts, CMC – The International Monetary Fund (IMF) says the economy of St. Kitts and Nevis is projected to recover and grow by two percent in 2013 and that despite a challenging economic environment, the overall fiscal position through end-March 2013 was stronger than expected. The IMF issued a statement on Thursday following an April 20th to May…
Read More » -
Britain to continue funding geothermal project
BRADES, Montserrat, CMC – The United Kingdom says it is committed to the development of geothermal energy in Montserrat as the British Overseas Territory announced it will soon test a well to determine its capacity to generate geothermal energy. Department for International Development (DFID) Minister of State Alan Duncan and Parliamentary Under-Secretary of State for the Foreign and Commonwealth Office…
Read More » -
Moody’s lowers Bermuda’s rating
HAMILTON, Bermuda, CMC – International ratings agency Moody’s Investors Services has downgraded Bermuda’s rating by another notch, reiterating its concerns about government’s mounting debt and lack of an economic recovery. Moody’s lowered Bermuda to Aa3, three notches below the top triple-A level stating that the outlook is negative, reflecting uncertainty about government’s debt trajectory over the medium term. The move…
Read More » -
Haiti a lucrative market for Jamaica Broilers
KINGSTON, Jamaica – HAITI has unearthed real potential for Jamaica Broilers as the local-based company expands its reach in the Caribbean market. A year after setting up shop in that eastern Caribbean island, Donald Patterson, vice-president of accounting and information system at the Jamaica Broilers Group, said he expects “great things” from the earthquake-ravaged country.
Read More » -
Marathon debate on no-confidence motion Monday
PORT OF SPAIN, Trinidad- Next Monday’s debate on the Opposition’s no-confidence motion against the Prime Minister will be a marathon one, lasting into Tuesday, Communication Minister Jamal Mohammed said yesterday. Speaking at yesterday’s post-Cabinet media briefing, Mohammed said all Government MPs would speak and were prepared to debate into Wednesday if necessary. The motion was filed by Opposition Leader Keith…
Read More »