News

  • February 26, 2013
    792

    World’s postal services struggle with lower demand

    OTAKI, New Zealand (AP) – Sandra Vidulich is so excited about the leather boots she ordered through Amazon that she rips open the box in front of the postman and tries them on. “I looove them,” she declares, as the driveway at her tree-lined home in rural New Zealand briefly becomes a catwalk. “They're cool.” For now, a boom in…

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  • February 26, 2013
    849

    IMF Negotiations Pressure J$

    KINGSTON, Jamaica, Gleaner – Bank of Jamaica governor Brian Wynter said the ongoing negotiations between the government and the International Fund has contributed to speeding up the depreciation of the Jamaican dollar against the United States dollar. At the same time, Wynter said the above average decline in the value of the currency during the October to December 2012 quarter…

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  • February 26, 2013
    791

    Debt programme necessary, effective, but insufficient, says CaPRI

    KINGSTON, Jamaica, Observer – THE Caribbean Policy Research Institute (CaPRI) has concluded that Jamaica cannot do without the proposed loan agreement with the International Monetary Fund (IMF) at this time. However, the think tank, established to promote evidence-based policy dialogue within Caribbean societies, says that, while the Government's debt reduction programme is necessary and effective, it is “insufficient” to ensure…

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  • February 26, 2013
    872

    IMF reviewing Antigua and Barbuda’s economy

    ST JOHN’S, Antigua (CMC) – A five-member team from the International Monetary Fund (IMF), has arrived in Antigua to conduct reviews of the island’s economic performance under the multi-million dollar Stand By Agreement (SBA) with the Washington-based financial institution. The team is headed by Geoffrey Bannister and has already held meetings with various public and private sector representatives to discuss…

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  • February 26, 2013
    845

    White House mulls new global food aid approach – send cash

    WASHINGTON (Reuters) – The White House may soon propose the biggest change in US food aid since the programmes were created during the Cold War – donating cash for hunger relief instead of shipping American-grown food thousands of miles to global trouble spots, say farm groups and charities. Reformers have argued for years that cash donations, the method used by…

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  • February 26, 2013
    878

    Obama urged to back tough arms trade treaty at UN talks

    UNITED NATIONS (Reuters) – Three dozen arms control and human rights groups have written to US President Barack Obama ahead of new arms-trade negotiations at the United Nations next month, urging him to back a tough treaty that would end loopholes in international weapons sales. Arms control campaigners say one person every minute dies worldwide as a result of armed…

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  • February 26, 2013
    767

    CTO says regional tourism showing signs of recovery

    BRIDGETOWN, Barbados, Advocate – Americans are travelling once again to the Caribbean and visitor spending is beginning to rise. This was part of Chairman of the Caribbean Tourism Organisation, Beverly Nicholson-Doty’s, State of the Industry Report presented recently. “All indications are that Americans are coming back to the Caribbean in their customary numbers. US arrivals went up 4.1 per cent…

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  • February 26, 2013
    846

    C’bean can learn from Barbados

    BRIDGETOWN, Barbados, Advocate – Other countries within the region would do well to learn from Barbados in terms of this country’s care for its elderly population. That is according to Caribbean Programme Co-ordinator and acting PAHO/WHO Represen-tative for Barbados and the Eastern Caribbean, Dr. Ernest Pate. He was speaking at the Multi Stakeholders Consultation on Healthy Ageing at the Savannah…

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  • February 26, 2013
    1,048

    BARBADOS-POLITICS-Mottley appointed leader of opposition party

    BRIDGETOWN, Barbados, CMC – Less than a week after he led the Barbados labour Party (BLP) into its second consecutive defeat, Owen Arthur, has been replaced as leader of the party. Mia Mottley, a former attorney general, who in 2010 lost the leadership of the BLP, was named as the new leader, by BLP executive member Gline Clarke flanked by…

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  • February 26, 2013
    787

    NEVIS-POLITICS-Opposition accuses government of victimisation

    CHARLESTOWN, Nevis, CMC – Leader of the main opposition Nevis reformation Party (NRP), Joseph Parry, is accusing the new administration here of victimisation and sending home at least 100 workers since it took up office following the January 22 Nevis Island Administration (NIA) election. Parry said the Concerned Citizens Movement (CCM) government of Premier Vance Amory is intent on “dismantling…

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