News
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Venezuela to elect new president April 14
CARACAS — Just months after losing his race for the presidency, Miranda Gov. Henrique Capriles, may get a second shot at the top-spot and take on the anointed successor of the late Hugo Chávez. The country will hold new presidential elections April 14, the National Election Council said Saturday. Minutes later, the coalition of opposition forces, known as the MUD,…
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Clinton leads delegation to Haiti
PORT AU PRINCE, Haiti, CMC – Former U.S. President Bill Clinton has arrived in Haiti to promote investment in the agriculture sector in the French-speaking Caribbean Community (CARICOM) country. Clinton, who is also the United Nations' special envoy to Haiti, is heading a delegation on a two-day visit that will include visits to an agriculture school, a coffee-processing plant and…
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Another public sector union signs wage restraint agreement
KINGSTON, Jamaica, CMC – The Jamaica Teachers Association, (JTA) has become the latest public sector union to sign a wage restraint agreement with the Portia Simpson Miller led administration. Previously, the teachers’ union had stated that it could not make such an agreement and as a result did not join other public sector unions, which signed the agreement with the…
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Walking the walk
KINGSTON, Jamaica – THERE is an intriguing story in yesterday's Sunday Observer about a push by The Bahamas to make sports a major engine of growth for its huge tourism industry. Those who haven't read it, should. Much has been said in Jamaica about sports and its potential as a money spinner — especially since this island of 2.7 million…
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Bahamas exploring for oil in commercial quantities
NASSAU, Bahamas, CMC – The Bahamas government has indicated that it will most probably hold a referendum on oil development during the latter part of 2015, if present exploration efforts prove that there is sufficient oil to economically transform the country “for many generations to come”. “Estimates suggest that exploration data, sufficient to answer the question of whether we have…
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PM calls for unity in rebuilding efforts
NEW YORK, CMC – Newly-elected Prime Minister Dr. Keith Mitchell has called for all hands on deck and unity in re-building the tri-island nation. During a town hall meeting at Brooklyn College, late Saturday,Mitchell, whose New National Party (NNP) swept the polls in the historic February 19 general elections, urged all nationals to come on board in addressing the country’s…
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International economist warns Eastern Caribbean countries
KINGSTON, Jamaica – A senior economist with the International Monetary Fund (IMF) is warning member countries of the Eastern Caribbean Currency Union (ECCU) that they face similar challenges now confronting the Eurozone countries. Alfred Schipke, formerly of the IMF Western Hemisphere Division, said the Eastern Caribbean Currency and Economic Union, may be the smallest of three economic and currency unions…
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(Former) Minister: US fiscal crisis threatens small Caribbean economies
BAHAMAS – The inability of American lawmakers to agree on budgetary measures threatens small Caribbean economies, asserts a former finance minister. “A US fiscal cliff can be an economic cliff for small states,” contends Zhivargo Laing, a noted Caribbean economist and former finance minister for the Bahamas. “Small Caribbean economies rely significantly on trade with the US, either through tourism…
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Six MPs Swear to Vote in Favor of No Confidence Motion
BASSETERRE, St. Kitts – In a letter sent to the Governor six MPs have sworn that they do not support the Prime Minister and will vote in favor of the No Confidence Motion. MPs Dr. Timothy Harris and Sam Condor joined the four elected members of the Federal Opposition- Hon. Mark Brantley, Hon. Shawn Richards, Hon. Vance Amory and Hon.…
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