News
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CAL’s current situation clearly unsustainable
PORT OF SPAIN, Trinidad – Is it unrealistic for T&T to continue to have a national airline? Or is the issue one of incompetent and corrupt management at the national airline? Can Caricom, as a group of struggling economies, continue to have half a dozen national airlines, all of them losing hundreds of millions of dollars annually? In the instance…
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CAL not in crisis, says chairman
PORT OF SPAIN, Trinidad – The Caribbean Airlines (CAL) board has directed that its acting chief executive Robert Corbie provide a report on why the company has to potentially write off $200 million in cargo revenue and credit card fraud. Chairman Rabindra Moonan, in a telephone interview yesterday, observed that those losses are the responsibility of the company’s management. He…
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Caribbean airline integration: A call to action
PORT OF SPAIN, Trinidad – In his book, Re-engineering Management, James Champy states: The results are in: Re-engineering works—up to a point. The obstacle is management. The only way we’re going to deliver on the full promise of re-engineering is to start re-engineering management. The problem is, current Caribbean leaders will not acknowledge that leadership models across the Caribbean are…
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Regional transport ministers to discuss transport woes
PORT OF SPAIN, Trinidad, CMC – Caribbean Community (CARICOM) ministers of transport will meet in St. Vincent and the Grenadines later this month and are likely to make recommendations that will go before regional leaders at their annual summit in Trinidad and Tobago in July on the vexing question of air and maritime transportation in the Caribbean. CARICOM Secretary General…
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Ban Ki-Moon’s warning not to be taken lightly!
KINGSTON, Jamaica – UNITED Nations Secretary General Ban Ki-moon issued a warning to the world’s business community yesterday that, we believe, is most pertinent to Jamaica and indeed our sister Caribbean states. According to Mr Ban, economic losses linked to disasters are “out of control” and will continue to escalate unless disaster risk management becomes a core part of business…
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EDITORIAL – Getting serious about CARICOM
KINGSTON, Jamaica – Until now, the debate about Jamaica’s relationship with the Caribbean Community (CARICOM) has been emotive and huffing. The core of the issue is Jamaica’s near US$1 billion trade deficit with the community, the bulk of which is with Trinidad and Tobago. Jamaica mostly place the blame for this state of affairs on claims that Port-of-Spain breaks regional…
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Regional countries adopt new strategies to deal with changing global environment
PORT OF SPAIN, Trinidad, CMC – Caribbean Community (CARICOM) Foreign Ministers ended a two-day meeting here on Wednesday night agreeing on a number of new initiatives to give the Caribbean a greater role in global economic and political situations. Trinidad and Tobago’s Foreign Affairs Minister Winston Dookeran, who chaired the 16th meeting of the CARICOM Council for Foreign and Community…
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Euro Zone Economy Shrinks; Recession Returns in France
PARIS — The euro zone economy shrank more than expected in the first three months of 2013, official data showed Wednesday, marking a sixth consecutive quarter of decline as France returned to recession for the first time since 2009 and Germany marked time. The 17-nation euro zone contracted by 0.2 percent from the last three months of 2012, Eurostat, the…
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Government announces investigation into destruction Maya archaeological site
BELMOPAN, Belize, CMC – The Belize government says it has launched a “vigorous” investigation into the into the circumstances surrounding the near total destruction of the Maya archaeological site known as Noh Mul in northern Belize. Police are also investigating the matter and the Ministry of Tourism and Culture, the National Institute of Culture and History and the Belize Tourism…
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Government to pay public servants salary increases
CASTRIES, St. Lucia, CMC – The St. Lucia government says it will pay a four per cent increase to all public servants even though members of the Civil Service Association (CSA) had voted last month to reject the government’s offer and settle for a wage freeze. Government said that the increase will be a one per cent in the first…
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