News
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Blanco moves closer to WTO director general post
KINGSTON, Jamaica – Dr Herminio Blanco has been chosen to contend in the next round of the selection process for Director General of the World Trade Organisation (WTO). The selection committee, based in Geneva, Switzerland, and headed by the president of the WTO's General Council, presented the results of the first stage of consultations which involved the 159 member countries…
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Iron Lady’s legacy won’t rust in peace
KINGSTON, Jamaica – Britain will this week bury Margaret Thatcher, the prime minister who transformed her country, for better or worse. Opinion polarises about the woman the Soviet press famously dubbed the 'Iron Lady'. On the Right, she is celebrated as the woman who took down the unions, breathed life into a moribund public sector, reinvigorated the economy and thus…
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Boston Seeks Answers in Deadly Blasts
BOSTON — The day after two powerful bombs exploded near the finish line of the Boston Marathon, a mile-square area of downtown Boston remained cordoned off as a crime scene, and officials still had no one in custody. However, investigators searched a house in a nearby suburb late Monday night. Hundreds of runners who had expected to leave Boston on…
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Victory Proves Gloomy for Venezuela’s New Leader
CARACAS, Venezuela — It hardly seemed like a victory celebration. Nicolás Maduro stepped onto a stage here Sunday night after being declared the winner by a narrow margin in the presidential election to replace his mentor,Hugo Chávez, but his supporters were already streaming away in droves. The long faces told the story. “It’s not the same coming here and not…
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Grenada seeking Chinese help for housing
ST. GEORGE’S, Grenada, CMC – China has agreed to provide nearly four million EC dollars (One EC dollar = US$0.37 cents) to finance the final phase of a 350 housing programme across the island. An agreement has been signed between Housing Minister Delma Thomas and the Charge d’Affaires at the Chinese Embassy here, Chen Robio. “Immediately upon taking office in…
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CCRIF makes donation to Jamaica following Hurricane Sandy damage
KINGSTON, Jamaica, CMC – The Caribbean Catastrophe Risk Insurance Facility (CCRIF) says it is providing US$100,000 to Jamaica to support the island’s post-disaster recovery and restoration initiatives following the effects of Hurricane Sandy in October 2012. In a statement, the CCRIF, which is a not-for-profit risk pooling facility, owned, operated by Caribbean governments, said Jamaica’s hurricane policy with CCRIF did…
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Court stays Clico judgment
PORT OF SPAIN, Trinidad – The Court of Appeal yesterday granted a stay stopping the decision of a High Court judgment which ordered that almost 250 Clico policyholders be repaid their full investments in the failed insurance giant. The stay was granted by Appeal Court judge Alice Yorke Soo Hon during a chamber court hearing at the Hall of Justice,…
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Legislators to debate estimates of expenditure and revenue next week
CASTRIES, St. Lucia, CMC – The St. Lucia government will present the estimates of revenue and expenditure to Parliament next week. A government statement said that the presentation will follow the ceremonial opening of Parliament on April 24 when Governor General Dame Pearlette Louisy will deliver the traditional Throne speech outlining the government’s programmes for the 12 months. The estimates…
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Government to outline solutions to have Russian-owned bauxite plants re-opened
KINGSTON, Jamaica, CMC – The Jamaica government is to outline a solution that it hopes will facilitate the re-opening of the Russian owned ALPART and Kirkvine bauxite plants here. Science, Technology, Energy and Mining Minister Phillip Paulwell will outline the solution when he make his contribution to the 2013/14 Sectoral Debate. The government has been engaged in months of intense…
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