News
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Parliament gives green light for new gold mining deal
PARAMARIBO, Suriname, CMC-The National Assembly has ratified a new agreement for a gold mining deal with the Canadian miner Iamgold Corp. Since 2006, the Canadian company has owned a 90 percent stake in the profitable Gros Rosebel gold mine, but under the new deal Suriname's share in the mine is bumped up to 30 percent. The agreement, which has been…
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T&T moves to prop up falling tourism industry
industry PORT OF SPAIN, Trinidad – T&T is looking to the diaspora market and to the Caricom market to boost its tourism industry, says Tourism Minister Stephen Cadiz. He said T&T has lost 60 per cent of the Caricom market. Cadiz was addressing members of the local, regional and international media at a news conference held yesterday at the Hyatt…
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Tertiary education expert says: UWI must reach out to Haiti, Cuba
PORT OF SPAIN, Trinidad – Visiting Moroccan tertiary education expert Dr Jamil Salmi says UWI should reach out to its French and Spanish speaking neighbours like Haiti, Dominican Republic and Cuba to truly establish the academic institution’s reputation as a regional and international giant. Salmi made this comment during a Distinguished Open lecture at Daaga Auditorium, St Augustine campus last…
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FAO Workshop Pushes Caribbean Integration
KINGSTON, Jamaica – Caribbean livestock producers may soon experience some positive gains following the recent Food and Agriculture Organization of the United Nation (FAO)'s workshop for chief livestock officers in the Caribbean, which concluded in Kingston last week. The workshop which pulled together representatives from more than 13 Caribbean countries and varied public and private-sector stakeholders was held with the…
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Private sector wants common sense approach to budget talks
GEORGETOWN, Guyana, CMC – The Private Sector Commission (PSC) is calling for “good sense” to prevail when President Donald Ramotar meets with opposition legislators on Monday to prevent a repeat of last year as the opposition again threatens to use its slender one-seat majority to cut the GUY$208.8 billion (One Guyana dollar = US$0.01 cents) budget presented to the National…
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Senior IMF representative commends Government
KINGSTON, Jamaica, CMC – Dr. Gene Leon, the senior representative from the International Monetary Fund (IMF) in Jamaica, has commended the Portia Simpson Miller led administration for displaying the vision to formulate a programme, aimed at resuscitating the country’s economy. He said the programme represents a “blueprint” and a “map” which presents opportunities for Jamaica going forward. Leon made the…
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National Security Minister wants divine intervention to deal with crime
KINGSTON, Jamaica, CMC – National Security Minister Peter Bunting is admitting that the fight against crime seems to be a futile endeavour in Jamaica. “I am not embarrassed to say that right now as Minister of National Security, I am going through a kind of a dark night of the soul. “We are trying very hard as a Ministry; I…
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In Seoul, Kerry Warns North Korea Against Missile Test
SEOUL, South Korea — Secretary of State John Kerry warned North Korea's leader, Kim Jong-un, on Friday not to proceed with a test launch of its Musudan missile and underscored that his nation would be defeated if a conflict broke out. The missile has a range of up to 2,500 miles, according to American officials, which means it has the…
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Pentagon report on NKorea nuclear capabilities stirs worry, doubts
WASHINGTON, (Reuters) – A Pentagon spy agency report concluded for the first time that North Korea likely has a nuclear bomb that can be launched on a missile, but U.S. defence and intelligence officials cast doubt on Pyongyang’s atomic weapons capabilities. Illustrating the high stakes surrounding the escalating tensions on the Korean peninsula, a study by the Pentagon’s Defense Intelligence…
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