News
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Former academic and legislator dies
PORT OF SPAIN, Trinidad, CMC – Former academic and legislator, Professor John Spence has died. He was 83. Relatives said that he died of a heart attack late Wednesday. Spence was a Professor of Botany and also Dean of the Faculty of Agriculture at the St. Augustine campus of the University of the West Indies (UWI) and served as an…
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Budget cuts will affect travel to New York
NEW YORK, CMC – Secretary of the United States’ Homeland Security Department, Janet Napolitano, has warned passengers at John F. Kennedy International Airport to schedule extra hours for travel as the department faces a 5 percent cut in the US federal budget battle. Napolitano told reporters that while passengers at New York’s airports are yet feel the impact of spending…
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Moody’s downgrades foreign currency credit rating
KINGSTON, Jamaica, CMC – The United States-based rating agency, Moody’s Investor Services has cut Jamaica's sovereign foreign currency credit rating to Caa3 from B3, citing the recent domestic debt exchange as a distressed event that still leaves the country with a high debt burden. Last month, Jamaica launched a National Debt Exchange (NDX) to alleviate the financing pressures of its…
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Ten percent pay cut for Cabinet ministers
HAMILTON, Bermuda, CMC – Bermuda's MPs have passed a resolution giving cabinet ministers a 10 per cent pay cut effective April 1. “It’s more symbolic than substantive,” Premier Craig Cannonier said, noting that the overall saving was relatively small. “But in our present economic and fiscal circumstances, it’s the right thing moving forward.” The Premier’s salary will decrease from US$168,069…
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Kamla in Caracas to attend funeral today
PORT OF SPAIN, Trinidad – Prime Minister Kamla Persad-Bissessar will be in Venezuela today to attend the funeral of president Hugo Chavez. Persad-Bissessar left Trinidad at 4.30 p.m. yesterday for Caracas and is scheduled to return home later today. Chavez's funeral is scheduled to take place at 10 a.m. today.
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PM heads delegation to Chávez’s funeral today
KINGSTON, Jamaica – Prime Minister Portia Simpson Miller is heading a high-level team of Jamaicans who will travel to Caracas, Venezuela, today to attend the funeral for that nation's late president, Hugo Chávez. Energy Minister Phillip Paulwell and Foreign Affairs Minister A.J. Nicholson are accompanying the prime minister. Also joining the delegation are Senator Angela Brown Burke, mayor of Kingston…
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55 world leaders expected in Venezuela for Chavez funeral
CARACAS — Hundreds of thousands of President Hugo Chávez’s followers waited hours in a three-mile-long line Thursday to file past the late leader’s coffin as Cuban leader Raúl Castro and other presidents arrived to attend Friday’s state funeral. Castro’s unexpected arrival in the early afternoon at the Simon Bolivar International Airport was broadcast live by the official Venezuelan television network…
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