News
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It really can’t be business as usual in Jamaica
KINGSTON, Jamaica, Observer – THE anticipated approval of the IMF deal by their executive board, announced on Monday, will give Jamaica some welcome breathing space but it is absolutely no panacea to our deep-rooted economic problems. In this context, the call of the three private sector leaders of the JCC, JMA and PSOJ that it “cannot be business as usual”…
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IMF Deal The Beginning Of A Long Haul
KINGSTON, Jamaica, Gleaner – Monday's International Monetary Fund (IMF) statement on Jamaica reads: “Fund management will submit to its Executive Board a 48-month arrangement under the Extended Fund Facility in the amount of SDR 615 million (about US$958 million, or 225 per cent of quota), with the recommendation that it be approved. It is expected that the board meeting would…
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Jamaica Expects Immediate Infusion Of US$213m From IMF
KINGSTON, Jamaica, Observer – The International Monetary Fund (IMF) will dispatch US$213 million to Jamaica immediately after its board approves the new bailout programme expected by month end, according to central bank Governor Brian Wynter. Those funds, along with future distributions, will immediately shore up the country's depleted reserves. The gross reserves fell to US$1.7 billion at the end of…
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CAL flight reductions to Jamaica ominous, say pilots
KINGSTON, Jamaica, Observer – CARIBBEAN Airlines' decision to cut back on the number of flights to Jamaica is being seen by the Jamaican Airline Pilots' Association (JALPA) as a first step towards pulling out of Jamaica. For several weeks it was rumoured that Caribbean Airlines (CAL) had planned to reduce flights to Jamaica, and on Tuesday, during a sitting of…
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EDITORIAL – Don’t Let Guatemala Duck Agreement
It is urgent that the Caribbean Community (CARICOM) engage the global community for help in sending a clear message to Guatemala that there will be no reward for bad behaviour, including, as seems to be the intent of the Central American country, squirming out of solemn undertakings. Jamaica, in its own right as a respected and influential voice on hemispheric…
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TRINIDAD-POLITICS-Prime Minister to pay official visit to Canada
PORT OF SPAIN, Trinidad, CMC- Prime Minister Kamla Persad Bissessar is to pay an official visit to Canada later this month, according to a statement issued by the Office of the Prime Minister. It said the April 23-26 visit is in response to an invitation from the Prime Minister Stephen Harper and follows the State visit of Canada’s Governor General…
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TRINIDAD-BIRTHDAY-Identical twins celebrate 100th birthday
PORT OF SPAIN, Trinidad, CMC – Identical twin sisters, Louise Pierre and Louisa Danzel, from the fishing village of Blanchisseuse celebrated their 100th birthday on Wednesday. The twins also celebrated the birthday of their neighbour Richard Morgan, who will turn 101 on May 25. All three were honoured by Member of Parliament for Arima, Rodger Samuel, and Minister of State…
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ST KITTS – POLITICS – St. Kitts to explore establishing embassy in Cuba
BASSETERRE, St. Kitts, CMC – The Government is exploring the possibility of establishing an embassy in Cuba next year in an effort to strengthen the existing relationship between both Caribbean nations. Prime Minister Dr. Denzil Douglas gave the commitment during a courtesy call by Hugo Ruiz Cabrera, who assumed the post of Chargé d’Affaires ad interim, following the departure of…
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