News

  • FATCA a challenge

    BRIDGETOWN, Barbados – According to the Minister of Finance, the Foreign Account Tax Compliance Act (FATCA) is being viewed as a challenge that must be overcome. The main objective of FATCA is to ensure that the United States’ Internal Revenue Service (IRS) can identify and collect taxes from US taxpayers abroad. It applies to commercial banks and financial institutions with…

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  • Haiti urges closer cooperation as ACS begins fifth summit

    PORT AU PRINCE, Haiti, CMC – Haiti welcomed delegates to the Fifth Summit of the Association of Caribbean States (ACS) with Foreign Minister Pierre Richard Casimir, indicating that the event is essential in strengthening regional cooperation. Several Caribbean Community (CARICOM) countries are being represented at the summit that is being held under the theme “Revitalizing the Vision of the Association…

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  • Nicholson to address Jamaican travel across CARICOM

    KINGSTON, Jamaica – DECLARING THAT Jamaica is by no means satisfied with how the free movement of nationals across the Caribbean Community (CARICOM) region is being facilitated, Minister of Foreign Affairs and Foreign Trade AJ Nicholson has announced that the Government is gearing up to take the matter to the highest level of the CARICOM secretariat for discussions. Nicholson, who…

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  • 87 dead in Bangladesh garment factory collapse

    SAVAR, Bangladesh (AP) — An eight-story building housing several garment factories collapsed near Bangladesh's capital Wednesday morning, killing at least 87 people and trapping many more in a jumbled mess of shattered concrete and bricks, officials said. The collapse stirred memories of a fatal fire at a garment factory in November that killed 112 people and raised an outcry about…

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  • Global rum ignores Caribbean roots

    KINGSTON, Jamaica – When you're talking about rum, how much does the Caribbean really matter? For the rum world, it's a more serious question than it sounds, and the answer exposes a schism in the industry, a divide between massive producers who value uniformity in a global market and smaller players and connoisseurs who prefer nuanced production that reflects the…

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  • EDITORIAL: Liberty, safety and prejudice

    BRIDGETOWN, Barbados – PARTICIPANTS in the ill-fated Boston Marathon could not have known or anticipated that a fatal bombing awaited them at the finish line. This incident again raises the ugly spectre of terrorism, which knows no bounds. We have previously said that although we are not in the line of fire, the Caribbean is not entirely immune from such…

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  • GUEST OPINION Suffer the children, suffer the country

    NEW YORK – Children are every country’s most vital resource. This is true not just morally, but also economically. Investing in the health, education, and skills of children offers the highest economic returns to a country. A new study by the UN Children’s Fund (UNICEF) shows which high-income countries are doing well when it comes to making these investments –…

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  • Government moving to liberalise electricity sector

    ST. GEORGE’S, Grenada, CMC – Grenada says it will use funds provided by the World Bank to facilitate the liberalisation of its electricity sector as part of an initiative being undertaken by other countries within the Organisation of Eastern Caribbean States (OECS). Public Utilities Minister Gregory Bowen told Parliament that EC$1.4 million (One EC dollar = US$0.37 cents) from the…

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  • Former foreign minister named ambassador to China

    ST. GEORGE’S, Grenada, CMC – Former foreign affairs minister Karl Hood, who filed a motion of no confidence in the former Tillman Thomas administration, has been appointed Grenada’s Ambassador to China. Hood, who appeared on the political platform of the then opposition New National Party (NNP) ahead of the February 19 general election, will replace Stephen Fletcher, who has since…

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  • Government pleased with efforts to halt human trafficking

    BRIDGETOWN, Barbados, CMC – The Barbados government says the recent arrest of two people involved in a human trafficking ring is proof that the island is making strides in addressing the issue. Attorney General Adriel Brathwaite said the arrests and rescue five people between the ages of 17 and 21 were also a signal that the work of the committee…

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