News
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‘We’re Serious About This’ – IMF Programme Oversight Committee Co-Chair Says Team Is Committed To Ensure Success
KINGSTON, Jamaica, Gleaner – Richard Byles, the co-chair of the oversight committee which has been established to monitor the implementation of Jamaica's programme with the International Monetary Fund (IMF), says the team assembled is not for window dressing. “I am a serious business person. I am not there to do anybody's bidding, and everybody that I have heard named to…
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Canada apologises for botched naval exercise
KINGSTON, Jamaica, Observer – THE Canadian High Commission has apologised to the Jamaica Defence Force (JDF) for a botched naval exercise in March, which saw live 50-calibre rounds being fired in Jamaican coastal waters by two of that country's naval vessels and the interference with a boat in which former Prime Minister Bruce Golding was travelling. The disclosure came on…
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Venezuelans hold rival May Day marches as vote dispute drags on
CARACAS (Reuters) – Opposition and government supporters flooded Venezuelan streets in rival May Day marches yesterday as a continuing dispute over the results of last month’s presidential vote kept political tensions high in the OPEC nation. On Tuesday, opposition deputies were beaten in a fracas in Congress resulting from their refusal to recognise the presidency of Nicolas Maduro, who narrowly…
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IMF deal now sealed
KINGSTON, Jamaica, Observer – JAMAICA will get nearly US$2 billion in loans over the next four years from the International Monetary Fund (IMF), the World Bank and the Inter-American Development Bank (IDB) under the Extended Fund Facility approved by the IMF yesterday. Nearly US$1 billion in funding from the IMF, starting with an almost immediate drawdown of US$207 million, will…
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Thirty more Peace Corps trainees arrive
GEORGETOWN, Guyana, Stabroek News -The delivery of health and education is to get a further boost with the arrival of yet another batch of United States Peace Corps volunteers. The American embassy here announced, through a press release, that 30 more Peace Corps trainees arrived in Georgetown today to complement their 35 colleagues already in service. The new trainees will…
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World Bank sees progress in some of the most fragile countries
WASHINGTON (Reuters) – Twenty of the world’s most troubled countries have made progress in efforts that range from reducing poverty to improving the education of girls and cutting down on the deaths of women in childbirth, the World Bank said yesterday. The improvement is a big shift from just a few years ago for the 20 fragile and conflict-hit states.…
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OECS economies: stuggling against the tide
GEORGETOWN, Guyana, Stabroek News – Last week, Prime Minister Kenny Anthony of St Lucia presented his Budget for the year 2013-14, an event that followed a three-week strike by the country’s civil servants in protest against the government’s wage offer for a triennium ending in 2013. The Budget was presented, and the strike was held, against a background of a…
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TRINIDAD-MEDIA-Government moves to repeal criminal libel legislation
PORT OF SPAIN, Trinidad, CMC – The Trinidad and Tobago government Wednesday said it would move to amend the existing libel and defamation legislation so as to ensure that journalists were not jailed “for the malicious publication of any defamatory libel.” Prime Minister Kamla Persad Bissessar, speaking at a news conference following talks with a delegation from the Vienna-based International…
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UPDATE-DOMINICA-HEALTH-Health Minister flown to Martinique for treatment
ROSEAU, Dominica, CMC – Prime Minister Roosvelt Skerrit has confirmed that his Health Minister Julius Timothy had been flown to the French island of Martinique for medical treatment after he collapsed at his office on Wednesday. “Last night he complained about numbness in certain parts of his body,” Skerrit said on state-owned DBS radio, adding that “in due course a…
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