News
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ST. LUCIA-LABOUR-Strike costs Government over EC$3 million
CASTRIES, St. Lucia, CMC- The three week old strike by Civil Servants has cost the country well over EC$3 million, according to Cabinet Secretary Darryl Montrope. The Government started to assess the financial cost of the work stoppage, when the strike came to a halt on Tuesday. According to Montrope, preliminary figures for the Customs Department alone indicate that the…
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St Kitts presents stimulus budget
BASSETERRE, St Kitts— Prime Minister Dr Denzil Douglas Tuesday presented an EC$528.1 million budget to Parliament outlining a reduction in corporate taxes as well as extending several incentive packages that his administration had earlier implemented in a bid to stimulate the economy of the twin-island federation. Prime Minister Douglas told Parliament, which had been boycotted by the six opposition legislators,…
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International Press Institute to visit region
VIENNA, Austria, (CMC) — The Vienna-based International Press Institute (IPI) says it will visit several Caribbean countries as part of its campaign for the repeal of criminal defamation laws in the region. Among the countries it will be visiting are Antigua and Barbuda, Guyana, Suriname, Trinidad and Tobago and the Dominican Republic, from April 15 to May 6. “IPI and…
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Chavez gone, but family still has clout in Venezuela
SABANETA, Venezuela, (Reuters) – Sitting under the shade of mango trees in the childhood backyard of late socialist leader Hugo Chavez, Venezuela’s Nicolas Maduro kicked off his election campaign with a sentimental chat with members of the ex-president’s family. Chavez’s five brothers regaled Maduro, the acting president, with stories of how they played marbles and ate mangoes as children on…
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Korean manoeuvres in a new era
GEORGETOWN, Guyana, Stabroek News – To many long-time observers, the current behaviour of the government of North Korea now led by Kim Jong-Un, is reminiscent of Winston Churchill’s 1939 comment on the Soviet Union under Stalin. He described it as “a riddle wrapped in a mystery inside an enigma.” But at the same time, commentaries on the death this week…
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TRINIDAD-POLITICS-Warner says he will not resign
PORT OF SPAIN, Trinidad, Apr 9, CMC – Embattled National Security Minister Austin “Jack” Warner says he has no intention of resigning from his cabinet post accusing his detractors of trying to prevent the coalition People’s Partnership government of successfully dealing with the crime situation in Trinidad and Tobago. Speaking at a public meeting of the ruling United National Congress…
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Ja continuing to court other multilaterals, says Phillips
KINGSTON, Jamaica, Observer – STRAPPED for cash and looking forward to signing a US$958-million loan agreement with the International Monetary Fund (IMF) by month end, the Jamaican Government is continuing to court other multilaterals, Finance Minister Dr Peter Phillips said yesterday. On Monday the management of the IMF indicated that it will be making the recommendation to the Board that…
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Bermuda Hopes To Bounce Back In 2013
KINGSTON, Jamaica, Gleaner – Visitor arrivals fell by six per cent in 2012 but new Tourism Minister Shawn Crockwell is confident Bermuda can bounce back this year and cash in on a number of market opportunities. Crockwell, whose One Bermuda Alliance has been in power for just under four months, told a news conference on Tuesday that visitor arrivals dropped…
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Boycott
BASSETERRE, St. Kitts, CMC – Opposition legislators Tuesday boycotted the presentation of the national budget insisting that the long tabled vote of no confidence in the Dr. Denzil Douglas administration be debated. “We the majority of Elected Representatives in the National Assembly of St. Kitts and Nevis will not participate in the debate of the 2013 Budget,” the six opposition…
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Stimulating the economy
BASSETERRE, St. Kitts, CMC – Prime Minister Dr. Denzil Douglas Tuesday presented an EC$528.1 million (One EC dollar = US$0.37 cents) tax free budget to Parliament outlining a reduction in corporate taxes as well as extending several incentive packages that his administration had earlier implemented in a bid to stimulate the economy of the twin-island federation. Prime Minister Douglas told…
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