St. Kitts and Nevis
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ECCB rules out currency devaluation
ST KITTS/NEVIS—The Eastern Caribbean Central Bank (ECCB) has rejected a suggestion by international ratings agency Moody’s Investor Services that the EC dollar should be devalued within the next five years. Moody’s had recommended that Caribbean territories devalue the currency or adopt the US dollar in an effort to address what it described as a “debt crisis” in the region. However,…
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ST. KITTS-CARICOM- Senior government minister bats for CARICOM
BASSETERRE, St. Kitts, CMC – International Trade Minister Rickey Skerrit is dismissing claims that the regional integration movement, CARICOM, is no longer relevant to the development of the Caribbean. “There is no alternative to CARICOM, until I see what the alternative is I really don’t see why we should be thinking about disbanding CARICOM. I think we should continue to…
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ST. KITTS-VISIT-PM on official visit to Kuwait ST. KITTS-VISIT-PM on official visit to Kuwait
BASSETERRE, St. Kitts, CMC – Prime Minister Dr. Denzil L. Douglas started an official visit to Kuwait holding talks with that country’s Prime Minister, Sheikh Jaber Al-Mubarak AL-Hamad Al-Sabah as the two countries seek to increase bi-lateral relations and boost cooperation in several areas. A government statement Wednesday said that the two leaders also discussed co operation in the economic,…
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ST. KITTS-POLITICS-St. Kitts –Nevis PM comments on death of Taiwanese fisherman
BASSETERRE, St. Kitts, CMC – The St. Kitts-Nevis government Wednesday said it was ‘saddened” at the death of a Taiwanese fisherman killed by the Pilipino Coast Guard, in the southern part of the ROC Exclusive Economic Zone (EEZ) earlier this month. The Philippines coast guard says its crew acted in self-defense, believing the Taiwanese fishing boat was trying to ram…
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Caribbean Farming Gets Its Roots Wet
BASSETERRE, St. Kitts, (IPS) – As Caribbean communities grapple with the entwined challenges of climate change and food security, modern technologies offer hope that the region’s stagnating agricultural sector can be made more profitable. For the past six years, the University of Central Florida (UCF) has teamed up with the St. Kitts-based Clarence Fitzroy Bryant College (CFBC) to implement a…
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Ruling party confident ahead of next general election
BASSETERRE, St. Kitts, CMC – The ruling St. Kitts-Nevis Labour Party (SKNLP) Sunday appealed to supporters to ensure it is returned to office in the next general elections, saying it had been able to navigate the twin island federation successfully during the worst global and economic crisis this century. SKNLP leader and Prime Minister, Dr. Denzil Douglas, told the party’s…
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IMF says financial position stronger than ever
BASSETERRE, St. Kitts, CMC – The International Monetary Fund (IMF) says the economy of St. Kitts and Nevis is projected to recover and grow by two percent in 2013 and that despite a challenging economic environment, the overall fiscal position through end-March 2013 was stronger than expected. The IMF issued a statement on Thursday following an April 20th to May…
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Former government ministers hint at forming new party
BASSETERRE, St. Kitts, CMC – Two former senior government ministers, including former deputy prime minister Sam Condor, have hinted at the possibility of forming a new political party that could likely contest the next general elections in St. Kitts-Nevis. Condor and former senior minister Dr. Timothy Harris said while they are still considering contesting the polls as independent candidates “we’ll…
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St. Kitts-Nevis PM to chair Commonwealth group on debt
BASSETERRE, St. Kitts, CMC – Prime Minister Dr. Denzil Douglas will chair a Commonwealth high level mission on small states debt as developing countries to seek to deal with the impact of the global economic and financial crisis, Commonwealth Secretary Gerneral Kamalesh Sharma announced Tuesday. Sharma, who is ending a two-day visit to the twin-island Federation, told a news conference…
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Canadian minister visiting Caribbean countries
BASSETERRE, St. Kitts, CMC – Canada’s Minister of State of Foreign Affairs Diane Ablonezy arrives here on Tuesday as part of a visit to seven Caribbean countries. Ablonezy will hold talks with Prime Minister Dr. Denzil L. Douglas during her two day visit. Ablonzey, who is now winding up a visit to the Bahamas, will also visit Antigua and Barbuda,…
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