News

  • April 5, 2013
    822

    Politicians are not economic managers

    KINGSTON, Jamaica – When we consider the state of many of the economics in the Eurozone and especially the recent near meltdown in Cyprus at the end of last month, many do contend that politicians are not at all economic managers. Some would insist that politicians – in Europe, the Caribbean and parts of Africa – have been extremely harmful…

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  • April 5, 2013
    1,156

    Vere Bird Jr to receive official funeral

    ST JOHN’S, Antigua – Cabinet has decided to accord former member of parliament and attorney Vere Bird Jr an official funeral. The information regarding the decision was conveyed to the media via press statement last evening. Bird Jr, son of the nation’s founding father Sir Vere Cornwall Bird, and brother of former prime Minister Lester Bird, died on March 31…

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  • April 5, 2013
    872

    Former Government Minister dies

    GEORGETOWN, Guyana, April 4, CMC – Former Education Minister Rev.Dale Bisnauth died on Wednesday following a heart attack. Bisnauth, 76, who was appointed Education Minister in 1992 also served as Minister of Labour, Human Services and Social Security. Up until the time his passing he was the Chairman of the Board of Industrial Training.

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  • April 5, 2013
    824

    Fewer but more severe hurricanes predicted for 2013

    ST JOHN’S, Antigua – Fewer, but more severe hurricanes, are predicted in the first major forecasts for the 2013 Atlantic Hurricane Season. ImpactWeather has predicted this year could see fewer storms developing into hurricane strength, but more hurricanes intensifying to category 3 or higher. The company normally offers advice to businesses in fields like oil and gas, petrochemical, healthcare and…

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  • April 5, 2013
    866

    BAICO to begin payments again

    ST JOHN’S, Antigua – Seven hundred and thirty-one local BAICO policyholders are slated to receive monies they have been awaiting for four years, in Phase II of the collapsed companies payouts. Local judicial manager for the defunct company, Cleveland Seaforth, said the governments of the Eastern Caribbean Currency Union (ECCU) gave permission to release payments for Phase II of their…

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  • April 5, 2013
    782

    Civil Servants denied permission to march

    CASTRIES, St. Lucia, CMC-A planned protest march by Civil Servants failed to materialise on Thursday, as organisers were not granted Police permission to take to the streets. Acting Police Commissioner Errol Alexander said in planning their march the Civil Service Association did not conform with the Public Order Act, which requires that permission be sought three days ahead of  a…

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  • April 5, 2013
    1,065

    Doctors on strike

    KINGSTON, Jamaica, CMC – The islandwide protest by doctors in the public health sector has stemmed from an impending reclassification exercise to be undertaken during the 2013/2014 financial year. Health Minister, Dr. Fenton Ferguson who made this disclosure in Parliament on Thursday afternoon said he hopes the Ministry of Finance will deal with the reclassification issue swiftly to bring back…

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  • April 5, 2013
    819

    Challenges on the horizon says analyst

    KINGSTON, Jamaica, CMC – Ahead of Thursday’s presentation of the 2013/2013 Budget Debate, a local financial analyst is warning of major challenges on the horizon . With the Budget being tabled against the background of a not yet signed deal with the International Monetary Fund (IMF), financial analyst, Dennis Chung, believes it will be difficult for the Government to meet…

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  • April 5, 2013
    784

    Big squeeze – Budget demands tighter spending

    KINGSTON, Jamaica – Most government ministries and departments will have to survive with less money this fiscal year as Finance Minister Dr Peter Phillips has kept his word and dramatically tightened the Government's spending plans. Phillips yesterday tabled a spending plan for the 2013-2014 fiscal year which reflects huge savings on interest payments and debt repayment but still leaves ministries…

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  • April 5, 2013
    786

    Government to focus growth and development

    KINGSTON, Jamaica, CMC – Governor General Sir Patrick Allen says the divestment of Public Sector assets and a major infrastructural project will be some of the areas of focus by the Portia Simpson Miller administration in this legislative year. “Through a managed privatisation process, the Government intends to make a renewed effort to dispose of some Public Sector assets to…

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