News

  • 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…

    Read More »
  • Caribbean Finance Intelligence Unit heads meet in Antigua today

    ST JOHN’S, Antigua – Finance Intelligence Unit heads from the English-speaking Caribbean will begin a major two-day meeting at the Jolly Beach Resort from April 3-4. Up for discussion will be methods of tackling money laundering along with asset forfeiture and the proceeds of crime. Prime Minister of Antigua and Barbuda, Baldwin Spencer, will deliver a keynote address at the…

    Read More »
  • 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…

    Read More »
  • 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…

    Read More »
  • Systematic plan of action needed to mitigate against disasters

    BRIDGETOWN, Barbados – A systematic process must be put in place to ensure that there is continuous learning regarding the hazards that can affect Barbados and clear plans and appropriate actions must be outlined before disasters occur, through an effective mitigation strategy, so as to reduce the scale or severity of impacts. This was the point made by Nicole Greenidge…

    Read More »
  • Not enough disaster training programmes

    BRIDGETOWN, Barbados – The range and quantity of the programmes available for training with respect to disasters are too limited. That is the view of the recently retired executive director of the Caribbean Disaster Emergency Management Agency (CDEMA), Jeremy Collymore, who made the point while speaking to the media during his last press conference as head of the regional entity.…

    Read More »
  • 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 …

    Read More »
  • 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…

    Read More »
  • 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…

    Read More »
  • 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…

    Read More »
Back to top button