News

  • ANTIGUA-GAMING-Antigua takes its case against United State to WTO again

    GENEVA, CMC – Antigua and Barbuda will once again raise its ongoing cross-border gambling services dispute with the United States when the Dispute Settlement Body (DSB) of the World Trade Organization meets here on Wednesday. According to the agenda distributed ahead of the meeting, Antigua and Barbuda will make a statement regarding the implementation of the recommendations and rulings adopted…

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  • UPDATE-CARIBBEAN-POLITICS-Grenada says it has met its financial obligations to United Nations

    ST.GEORGE’S, Grenada, CMC – Grenada says it has paid in full the arrears owed to the United Nations and as a result has regained its voting rights at the international body. Grenada was listed among three Caribbean Community (CARICOM) governments owing the United Nations, according to a January 15 letter UN Secretary General Ban Ki-moon sent to the President of…

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  • CARIBBEAN-POLITICS-Three Caribbean islands owing UN fees

    UNITED NATIONS, CMC – Three Caribbean Community (CARICOM) countries are in arrears with payments to the United Nations and have “lost” their vote in the world body. According to a January 15th letter sent by UN Secretary-General Ban Ki-moon to the President of the General Assembly, Dominica along with Grenada and St Lucia are among 18 countries in arrears. Dominica…

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  • CARIBBEAN-POLITICS-OAS congratulates Barbados, Grenada on election victories

    WASHINGTON, CMC – The Organization of American States (OAS) says the electoral victories of Barbados Prime Minister Freundel Stuart and his counterpart in Grenada, Dr. Keith Mitchell, are as a result of the confidence the electorate in both countries have showed in their ability to lead their respective countries. Mitchell lead his New National Party (NNP) to a clean sweep…

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  • GUYANA-AGRICULTURE-Guyana to host Caribbean Week of Agriculture 2013

    GEORGETOWN, Guyana, CMC – Guyana will host the Caribbean Week of Agriculture (CWA) this year after a 10-year hiatus, senior programme coordinator of the Technical Centre for Agriculture and Rural Cooperation (CTA) Jose Fonseca announced Monday. The CWA, usually held in October, provides opportunities to profile aspects of agriculture in the Caribbean and affords regional agriculture ministers an occasion to…

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  • What about us?

    BRIDGETOWN, Barbados, Advocate – Are we ready and open for business? Recently, Dr. Patrick Antoine, chief economic advisor to the new Grenada Government declared this was now so in his country. You would be aware that Grenadians also had the opportunity last week to speak with the vote. A mere two days before Barbadians headed to the polls, their regional…

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  • Dr Worrell: Keep pace with the competition

    BRIDGETOWN, Barbados, Advocate – The way to outrun the competition in the international market is to improve productivity. This was the advice given by Dr. Delisle Worrell, Governor of Central Bank of Barbados (CBB). Delivering his address at the opening ceremony of the Week of Excellence at the Grande Salle yesterday, he highlighted, “Foreign exchange markets are highly competitive, and…

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  • Reducing debt, improving economic growth

    NASSAU, Bahamas, CMC – Prime Minister Perry G. Christie has outlined measures which he said is aimed at allowing his administration to lower debt and increase the prospects for economic growth in The Bahamas. In a statement outlining the 2012-13 mid-year budget, Christie told legislators that in order to achieve these initiatives, recurrent revenue will be significantly and structurally enhanced…

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  • BAHAMAS-ECONOMY-Government announces new initiatives to reduce debt, stimulate economy

    NASSAU, Bahamas, CMC – Prime Minister Perry G. Christie has outlined measures which he said is aimed at allowing his administration to lower debt and increase the prospects for economic growth in The Bahamas. In a statement outlining the 2012-13 mid-year budget, Christie told legislators that in order to achieve these initiatives, recurrent revenue will be significantly and structurally enhanced…

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  • Russia to partially write off Cuba’s US $25 billion debt

    HAVANA, Cuba, CMC – Russia’s Industry and Trade Minister Denis Manturov says his country will forgive part of Cuba’s US$25 billion Soviet-era debt and restructure the rest as part of agreements that include Havana getting Russian jetliners worth US$650 million. On an official visit here, Manturov told reporters that Deputy Foreign Minister Sergei Ryabkov and Ricardo Cabrisas, vice president of…

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