News
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New Ja-T&T trade war – Duties imposed on product after questions arise over origin
KINGSTON, Jamaica – JAMAICAN AUTHORITIES have imposed duties on the importation of lubricating oil from Trinidad and Tobago in another round of trade wars between the Caribbean territories. Industry Minister Anthony Hylton told legislators yesterday that he has exercised his ministerial authority to secure the transfer of $184 million to the Consolidated Fund. The money, Hylton said, represented duties charged…
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The CARICOM trade imbalance — Jamaica/T&T
KINGSTON, Jamaica – Recently, there have been a number of rash and, in some instances, derogatory letters, describing Jamaica's perceived relationship with Trinidad & Tobago (T&T). Some were whimsical and others simply vacuous. Generally, they demonstrate a lack of understanding regarding the consequences that would result if Jamaica were to demit membership of Caricom, apart from the forfeiture of the…
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Renewing confidence in CARICOM
PORT OF SPAIN, Trinidad – I F ALL goes well with the work programmes for two ministerial council meetings this week in Port of Spain, the people of the Caribbean Community should have a good idea of what to expect with top priority issues when the region’s Heads of Government gather in Trinidad and Tobago for their 34th summit in…
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CARICOM defends position on taking rum issue before WTO
PORT OF SPAIN, Trinidad, CMC – Caribbean Community (CARICOM) countries say they will continue to oppose subsidies being granted to the UK-based Diageo, one of the world’s biggest producers of rum, because of the impact the subsidy is having on rum producers in the Caribbean. Caribbean Community (CARICOM) Secretary General Irwin La Rocque told the Caribbean Media Corporation (CMC) that…
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Environmental groups denounce destruction of Maya archaeological site
BELMOPAN, Belize, CMC – The Institute of Archaeology has launched an investigation into the destruction of a Maya archaeological site in northern Belize. Pictures broadcast on a local television network over the weekend showed the near total destruction of the Noh Mul site, which means Big Hill. Officials of the Institute of Archaeology said they were shocked when they arrived…
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New global order needed
KINGSTON, Jamaica – T TAKES just one relatively small hurricane this season to throw our International Monetary Fund (IMF) agreement off course. There is no provision for that, no special fund where we can access adequate resources to offset the kind of economic dislocation which results from our natural-hazard vulnerability. Adverse changes in the global economy, too, can overturn all…
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OAS urging helps focus on T&T party funding
PORT OF SPAIN, Trinidad – Trinidad and Tobago should not need the Secretary General of the Organisation of American States (OAS) to admonish this country about the dangers to good government and to democracy posed by political funding. Miguel Insulza has been the latest high official to mount a bully pulpit on the subject, addressed to political parties and ruling…
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Attorney General urges support for anti-money laundering legislation
GEORGETOWN, Guyana, CMC – The Guyana government is seeking support for the passage of amendments to the Anti-Money Laundering and Financing of Terrorism Act, warning it is in the country’s interest and should supersede political interest. Attorney General and Legal Affairs Minister, Anil Nandlall, in an interview broadcast on the state-owned National Communication Network (NCN), said it is important for…
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