News
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Jamaica gets Sandy relief money from EU
KINGSTON, Jamaica – JAMAICA is to receive euro 0.5 million (approx J$63.4 million) from the European Union (EU) to assist victims of Hurricane Sandy in the eastern section of the island. The EU said the money, which will fund the operations of the French Red Cross in Portland, St Thomas and St Mary to repair damaged homes and helping victims…
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Standards and Poor’s downgrades Grenada
NEW YORK, CMC – The US-based Standard & Poor's Ratings Services has lowered its foreign and local currency sovereign credit ratings on Grenada to 'SD' (selective default) from 'CCC+/C'. “The downgrade to 'SD' follows the government of Grenada's announcement that it will not pay the coupon due March 15, 2013, on its U.S. dollar and Eastern Caribbean dollar bonds due…
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High Court rules in favour of CLICO policyholders
PORT OF SPAIN, Trinidad, CMC – The Trinidad and Tobago government suffered a major setback in the courts after a High Court judge ruled that the bailout plan by the Kamla Persad Bissessar-led coalition People’s Partnership administration was unlawful. High Court judge Joan Charles Tuesday ordered the State to pay a group of Executive Flexible Premium Annuity (EFPA) policyholders all…
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Immunity with impunity
PORT OF SPAIN, Trinidad – IT was bad enough for the United Nations to bring cholera into earthquake-stricken Haiti via its troops. But to give itself legal immunity against victims’ claims for damages is simply outrageous. In just one sentence, UN Secretary General Ban Ki-Moon has severely damaged the confidence that the people of Haiti has reposed in the UN…
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Independent UN expert urges national action plan on human rights in Haiti
Haiti needs to develop a coordinated plan of action on human rights and a framework on the rule of law, an independent United Nations expert has said, noting that while positive changes are coming very slowly, there is a strong expectation from Haitians to see improvements. “There is a need to have a strategy, there is a need also for…
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Venezuela: Panel Will Investigate Roots of Cancer That Killed Chávez
(New York Times) Venezuela will create a scientific panel to investigate the illness of Hugo Chávez, after an accusation by the interim president last week that the former president’s cancer was mysteriously caused by his enemies. “We have this intuition that our Commander Chávez was poisoned by dark forces that wanted to get rid of him to destroy the Bolivarian…
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