News
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IMF says no single bullet for Caribbean economic problems
WASHINGTON, CMC – The International Monetary Fund (IMF) says there is no “single bullet” that will allow Caribbean countries to deal with their various problems such as high debt, low growth, mitigation of vulnerabilities and strengthening financial system. The IMF said that growth in the Caribbean has stagnated in the last two decades, except in commodity exporters. The last rapid…
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Jamaica looking to further develop hydro power sector
sector KINGSTON, Jamaica, CMC – The Italian consulting firm, SP Studio Pietrangeli will undertake a J$109 million (US$ One Jamaica dollar = US$0.01 cents) feasibility study on five potential hydro power sites across the island. The Ministry of Energy says it will partner with the Petroleum Corporation of Jamaica (PCJ) in undertaking the feasibility project being carried out as part…
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Ja must prepare for a major earthquake – US expert
KINGSTON, Jamaica – United States seismic expert Professor Eric Calais has called for Jamaicans to put in place long-term strategies to prepare for another major earthquake on the island. An article published Monday by the Claims Journal website noted that based on the area's history and active seismic activity, the threat can become real. “It's impossible for scientists to determine…
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Youth appears in court on charges of attempting to assassinate President Ramotar
GEORGETOWN, Guyana, CMC – A 17 year-old Irish youth will re-appear in court on April 30 on a charge of threatening to assassinate President Donald Ramotar. Cillian James Crosson, a volunteer teacher at Shulinab, Rupununi, appeared before Magistrate Judy Latchman, who released him on GUY$60,000 (One Guyana dollar = US$0.01 cents) bail. The court heard that Crosson, who arrived here …
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US pressure for T&T
PORT OF SPAIN, Trinidad – Has Washington decided that the moment is right to exert pressure on the People’s Partnership Government to make it sharply aware of its continuing desire to have local business executives Ish Galbaransingh and Steve Fergusson extradited to face corruption charges in the United States? If that be the case, it may explain why, according to…
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T&T becoming ‘pariah state’
PORT OF SPAIN, Trinidad – If, as the Trinidad and Tobago Government suggests, the US authorities are snubbing it in its attempt to get information on whether National Security Minister Jack Warner is the subject of an investigation in that country, then it points to the fact that this country has reached an all-time low in its relations with that…
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UN report warns of increased malnutrition cases in Haiti
PORT AU PRINCE, Haiti, CMC – A growing number of people in Haiti are at risk of malnutrition after heavy rains damaged food crops last year, according to the United Nations. In its monthly bulletin, the UN mission here said that as much as 90 per cent of the food crops had been destroyed during the rainy season last year…
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