News
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CARIBBEAN-HEALTH-US$87 billion needed to fight HIV/AIDS
BRUSSELS, Belgium, CMC – The United Nations-backed Global Fund says it needs an estimated US$87 billion to bring under control the threat posed by HIV/AIDS, tuberculosis and malaria, during the 2014-2016 period, in the Caribbean and globally. “If we don’t seize this moment, we will be dealing with these diseases for generations,” said Mark Dybul, Executive Director of the Global…
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CARIBBEAN-ECONOMY-Caribbean shows comeback in growth performance
WASHINGTON, CMC – The International Monetary Fund (IMF) says low-income countries (LICs), including the Caribbean, have “bounced back” in the past two decades. An analysis in the Washington-based financial institution’s latest World Economic Outlook (WEO) suggests that “dynamic low-income countries are on a stronger economic footing today than before the 1990s, and, therefore, better placed to stay on course.” After…
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South Korea Moves to Defuse Tensions With the North
SEOUL, South Korea — South Korea appeared to ease its stance on North Korea on Thursday by calling for dialogue to help defuse tensions, as its president moved to calm foreign investors whose confidence the North has tried to shake with increasingly belligerent maneuvers. “We hope the North Korean authorities come out to the dialogue table,” Unification Minister Ryoo Kihl-jae,…
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South Korea says North likely to test-launch missile
SEOUL/WASHINGTON, (Reuters) – South Korea said yesterday there was a “very high” probability that North Korea, after weeks of threats of war, would test-launch a medium-range missile at any time as a show of strength. Foreign Minister Yun Byung-se said South Korea had asked China and Russia to intercede with the North to ease tension that has mounted since the…
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Corbeaux deaths raise many environmental concerns
PORT OF SPAIN, Trinidad and Tobago, Guardian – The sudden death of a few fish and 150 or so corbeaux may not seem to be particularly alarming—especially the latter, as they are considered by many to have only nuisance value and are not blessed with the aesthetics of other birds. This may be one reason why the response of the…
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IMF good news should stabilise the dollar
KINGSTON, Jamaica, Observer – IN a press briefing yesterday, Governor Brian Wynter expanded on Bank of Jamaica (BOJ) statement released that morning on the foreign exchange market. In the BOJ's press statement, they had noted that the fall in the exchange rate “had occurred in the context of extended negotiations with the International Monetary Fund (IMF) for a new borrowing…
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