News

  • Economist: Wrong measures

    BRIDGETOWN, Barbados – Claiming to be bemused by the 2013 Estimates of Revenue and Expenditure, economist Ryan Straughn says the Government is not willing to take advice and has failed to take the necessary measures to take Barbados on a growth path. Pointing to what he predicts will be a historic decline in foreign reserves in the first quarter, the president…

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  • Haiti to open consulate in Suriname

    PARAMARIBO, Suriname, CMC – In a bid to strengthen bilateral relations with Suriname the Government of Haiti will be opening a consulate here. Haitian President Michel Martelly who arrived in Suriname on Friday for a two day official visit made the announcement at a meeting in Jarikaba. “Before the end of April we will open a consulate in Paramaribo. Suriname…

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  • US report: Antigua still facing money laundering risk

    WASHINGTON, United States—The United States says despite recent improvements as a “significant” offshore centre, Antigua and Barbuda “remains susceptible” to money laundering. In its 2013 International Narcotics Control Strategy Report on money laundering and financial crimes, the US Department of State said that Antigua and Barbuda’s status stems from its offshore financial sector and Internet gaming industry. “Illicit proceeds from…

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  • Chronic diseases killing Afro-Caribbeans

    Caribbean trade bloc governments have been so worried about the stark increase in chronic diseases like diabetes and hypertension among citizens that they have twice organized special summits to address the issue and even pushed the United Nations into holding a high-level meeting to find ways of reducing these numbers. In the past week, a respected Caribbean academic has sought…

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  • Dengue costs Caribbean US$321m a year

    PORT OF SPAIN, Trinidad – The fight against dengue, which is spread by the Aedes Egypti mosquito, costs the Caribbean a whopping US$321 million per annum. Prof Christine Carrington revealed this figure in her professorial inaugural lecture at Noor Hassanali auditorium, Faculty of Law, St Augustine Campus, on Thursday. Among those present were Prof Dean Ramsewak, Dean, Faculty of Medical…

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  • IDB makes call for proposals on social inclusion and poverty reduction

    WASHINGTON, CMC – The Inter-American Development Bank (IDB) has launched another call for proposals from civil society organizations that carry out activities focused on poverty reduction and social inclusion and development in Latin America and the Caribbean. The call, made by the IDB’s Executive Director for the Government of Japan, Yasuhiro Atsumi, is for projects that support development through sustainable…

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  • Hope for agreement?

    BRIDGETOWN, Barbados – IF ever there is a puzzle between Barbados and Trinidad and Tobago, it has to do with the exceptionally long delay for the two countries to conclude a fishing agreement. Is it likely therefore that that there will ever be one? Last week the Prime Minister Freundel Stuart spoke on the matter which has been ongoing for…

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  • USVI calls for end to rum dispute

    CHARLOTTE AMALIE, US Virgin Islands—The United States Virgin Islands have now turned to moral suasion in an attempt to get fellow rum producing nations in the Caribbean Forum nation to back down from plans to take their ongoing dispute before the World Trade Organisation (WTO). United States Virgin Islands Governor John de Jongh has sent letters to the prime ministers…

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  • Haiti president seeks UN funds to rebuild country

    GEORGETOWN, Guyana — Haiti President Michel Martelly has urged the United Nations to divert some of the billions of dollars it spends yearly on peacekeeping efforts to infrastructure projects, job creation and poverty alleviation. Officials need to think about sustainable development instead of security in the impoverished country that is still recovering from a devastating earthquake in 2010, Martelly said…

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  • Export-led growth? Who will lead in the Caribbean?

    GEORGETOWN, Guyana – A huge burden is presently placed on the private sector in the Caribbean.   In the midst of steady economic decline of many Caribbean countries, governments have turned to the private sector to continue to earn foreign exchange, to keep down prices for goods and services, to maintain and expand employment, and to pay taxes. It is in…

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